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1999-036 ORDINANCE NO qq AN ORDINANCE DIRECTING THE PUBLICATION OF NOTICE OF INTENTION TO ISSUE CERTIFICATES OF OBLIGATION OF THE CITY OF DENTON, AND PROVIDING FOR. AN EFFECTIVE DATE THE STATE OF TEXAS COUNTY OF DENTON CITY OF DENTON WHEREAS, it is deemed necessary and advisable that Notice of Intention to Issue Certificates of Obligation be given as hereinafter provided THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS Section I That attached hereto is a form of "NOTICE OF INTENTION TO ISSUE CERTIFICATES OF OBLIGATION OF THE CITY OF DENTON", the form and substance o£ which are hereby adopted and approved, and made a part of this Ordinance for all purposes Section II That the City Secretary shall cause said NOTICE, in substantially the form attached hereto, to be published once a week for two consecutive weeks in a newspaper of general circulation in the City, w~th the date of the first publication to be at least fifteen (15) days before the date tentatively set for the passage of the Ordinance authorizing the issuance of such Certificates oP Obligation Section III That this Ordinance shall become effective immediately upon its passage and approval PASSED AND APPROVED th~s the 2nd day of February, 1999 3ack M~ller, Ma~6r f ATTEST APPROVED AS TO LEGAL FORM THE STATE OF TEXAS COUNTY OF DENTON CITY OF DENTON NOTICE OF INTENTION TO ISSUE CERTIFICATES OF OBLIGATION OF THE CITY OF DENTON THE CITY OF DENTON, ,n Denton County, Texas, hereby gives notice of its intention to ,ssue CITY OF DENTON CERTIFICATES OF OBLIGATION, m accordance with the Cert,ficate of Obligation Act of 1971, as amended and codified, and other applicable laws, in the mammum pnncipal amount of $6,935,000 for the purpose of paying all or a portion of the City's contractual obligations incurred pursuant to contracts for the purchase, construction and acquisition of certain real and personal property, to w~t (a) fuel facilities at the City's airport, (b) upgrades to the City's communication system, (c) renovation to fire stations and acquisition of fire equipment, (d) fuel and maintenance facilities for the City's vehicles and (e) various equipment for the City's landfill, and also for the purpose of paying all or a portion of the City's contractual obligations for professional services of engineers, attorneys, and financial advisors m connection with the above contracts and said Certificates of Obligation The City proposes to provide for the payment of such Certificates of Obligation from the levy and collection of ad valorem taxes in the City as provided by law, and from certain revenues derived by the City from the ownerstup and operation of the City's Utility System (consisting of the City's combined waterworks system, samtary sewer system, and electric light and power system) The City Council of the City tentatively proposes to authorize the issuance of such- Certificates of Obhgation at a meeting commencing at 11 00 a m on the 23rd day of March, 1999, in the City Council room at the Municipal Braiding (City Hall), 215 E McKmney, Denton, Texas CITY OF DENTON, TEXAS By Jennifer K Walters, City Secretary H~:CALL, PARKHURST & HORTON LL P 600 CONGRESS AVENUE 717 NORTH HARWOOD 700 N ST MARYS STREET ~250 ONE AmERiCAN CENTER NINTH FLOOR I2;~ ONE RIVERWALK PLACE Febmary 11, 1999 UPS DELIVERY Denton Record-Chromcle 314 E I~ckory Denton, Texas 76201 Attention Betty Legal Classified Re Notice of IntenUon - City of Denton Cemfieates of Obligation, Sones 1999, $6,935,000 Dear B~my Enclosed is a copy ora Notice of Intention to be published in the legal notice section of your newspaper on Wednesday, February 17, and on Wednesday, February 24, 1999 After pubheatlon, please mmm to us four affidavits of each ofthe pubheations for thc notice Please send your statement for the pubheations and the affidavits d~rectly to me Thanks for your help If you have any problems w~th tbe enclosed, please do not hcmtate to call me Smcerely yours, McCall, Parkhurst & Horton L L P L E {Ted) Bnzzolara, III LEB be Enclosures cc ~Ms Jemufer Walters C~ty of Denton THE STATE OF TEXAS COUNTY OF DENTON CITY OF DENTON NOTICE OF INT~:NTION TO ISSUE CERTIFICATES OF OBLIGATION OF THE CITY OF DENTON THE CITY OF DENTON, m Denton County, Texas, hereby gives notwe of its mtenaon to ~ssue CITY OF DENTON CERTIFICATES OF OBLIGATION, m accordance w~th the Cemficate of Obligation Act of 1971, as amended and co&fled, and other apphcabie laws, tn the maramum pnnapal amount of $6,93~,000 for the purpose of paying all or a pomun of the CRy's contractual obhgauons recurred pursuant to contracts forth© purchase, construcl~un and acquisition ofcertam real and personal property, to (a) fuel facilities at the City's airport, (b) upgrades to the City's commumcatlon system, (c) renovation to fire staUons and acqmslUon of fire equipment, (d) fuel and maintenance faclht~es fur the CRy's ve~ucles and (e) various eqmpment for the City's landfill, and also for the purpose of paying all or a pomon of the C~y's contractual obhsaUons for profes- sional serwces of en~ncers, attorneys, and financml adwsors m connecuon wth the above contracts and smd Cemficates of Obligation The City proposes to provtde for the payment of such Cemficates of Obh~at~on from the levy and collection of ad valorem taxes m the City as provldad by law, and from certain revenues derived by the City fi'om the ownershp and operation ofthe City's Utility System (consisting of the C~ty's combmexi waterworks system, samtmy sewer system, and electric hght and power system) The City Council of the C~ty tontatlvcly proposes to authonse the issuance of such Cemficates of Obhsat~un at a mcetmg commencing at 11 00 a m on thc 23rd day of MarctL 1999, m thc C~ty Council room at thc Mumclpal Budding (Cn'y Hall), 21~ E McKmney, Denton, Texas CITY OF DENTON, TEXAS Jenmfcr K Walters C~ Secretary