ORD CC 1980-57B - Dump Truck BodyORDINANCE NO. 80-51-B
AN ORDINANCE AUTHORIZING PUBLICATION OF NOTICE TO BIDDERS
AND NOTICE OF INTENTION TO ISSUE CERTIFICATES OF OBLIGATION
FOR A DUMP TRUCK - DUMP BODY; AND MAKING VARIOUS PROVISIONS
RELATED THERETO.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF HUNTSVILLE, TEXAS, THAT:
Section 1: The City Secretary is hereby authorized and directed to cause
to be published a notice to bidders and notice to issue Certificates
of Obligation in substantially the following form:
NOTICE TO BIDDERS AND NOTICE OF INTENTION
TO ISSUE CERTIFICATES OF OBLIGATION
DUMP TRUCK - DUMP BODY
BID NO. 81-7
NOTICE IS HEREBY GIVEN that the City of Huntsville, Texas, is now
accepting sealed bids for a dump truck - dump body. Bids will
be received at City Service Center until 2:00 p.m. Tuesday, November 18,
1980. The City Council tentatively proposes to let a contract for
such purpose and to authorize issuance of Certificates of Obligation,
in accordance with the terms and provisions of this notice, at its
regular Council meeting at the Huntsville City Hall, Tuesday, Novem-
ber 25, 1980, at 7:00 p.m., or at a subsequent meeting of Council.
Copies of tpecifications are on file and may be obtained or examined
at the office of the Purchasing Agent of the City at the City Service
Center, 80 Highway 75 North.
It is the intention of the City to pay all or any part of any con-
tractual obligation to be incurred for such purchase by the issuance
of Certificates of Obligation of the City pursuant to Texas Revised
Civil Statutes Articel 2368a.1 and payable from City ad valorem
taxes, in the maximum aggregate principal amount of $12,000.00,
bearing interest at a rate not in excess of that prescribed by Texas
Revised Civil Statutes Article 717k-2, and maturing over a period
of years not to exceed 20 years from the date hereof.
The successful bidder will be required to accept such Certificates
of Obligation in payment of.all or any part of the contract price.
The City Council has made provision for such contractor to sell and
assign such Certificates of Obligation and the bidder is required
to elect whether he will accept such Certificates in payment of all
or a part of the contract price, or assign such Certificates in ac-
cordance with such arrangements.
• •
Section 2: The notice set forth in Section 1 shall be published once a
week for two (2) consecutive weeks in a paper that is of general
circulation in the City of Huntsville and that has been duly desig-
nated as the official newspaper of the City. The date of the first
publication shall not be less than fourteen (14) days prior to the
date set in said notice for the receipt of bids by Council.
Section 3: It is hereby officially found and determined that the need
of.the City for such dump truck - dump body, and such financing
creates an emergency and an urgent public necessity for the consid-
eration of the adoption of this ordinance in accordance with the
notice of meeting relating hereto.
Section 4: This ordinance shall take effect immediately upon its passage.
INTRODUCED, READ AND PASSED by the unanimous vote of Council on this
‘1 J d day of pe,y' , A. D. 1980.
APPROVED:
\06441r1/41
SCOTT BOUNDS, City Attorney
MORRIS I. WALLER, Mayor