ORD 1996-21 - CO - Authorizing Publication - Notice - Tire Loader 11-12-1996ORDINANCE NO. 96-21
AN ORDINANCE AUTHORIZING PUBLICATION OF NOTICE TO
BIDDERS AND NOTICE OF INTENTION TO ISSUE CERTIFICATES
OF OBLIGATION FOR ONE NEW AND UNUSED RUBBER TIRE
LOADER; AND MAKING VARIOUS PROVISIONS RELATED
THERETO.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF HUNTSVILLE,
TEXAS, that:
SECTION 1: The City Manager 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 CERTIFICATE OF OBLIGATION
NOTICE IS HEREBY GIVEN that the City of Huntsville, Texas, is now accepting sealed bids for the below listed items.
Bids for these items will be received in the City Council Chambers at 1212 Avenue M, until the designated times, an
then be opened. The following lists these items and the dates and times forbid opening.
Bid 97 -8 - (1) new and unused 8 yard dump truck
(3) new and unused 12 yard dump trucks
2:00 p.m., Tuesday, December 3, 1996
Bid 97 -9 - (1) new and unused rubber tire loader.
3 :00 p.m., Tuesday, December 3, 1996
The City Council tentatively proposes to let a contract for such purpose and to authorize issuance of a Certificate of
Obligation, in accordance with the terms and provisions of this notice, at its December 17, 1996, meeting or at a
subsequent meeting of the City Council in City Hall. Items to be paid through a Certificate of Obligation are (1) 8
yard dump truck, (1) of the 12 yard dump trucks, and (I) rubber tire loader.
Copies of specifications are on file and may be obtained or examined at the office of the Purchasing Department at
City Hall at 1212 Avenue M.
The City reserves the right to accept any bid deemed most advantageous, including alternates, to reject any or all bids,
and to waive any informality.
It is the intention of the City to pay all or any part of any contractual obligation to be incurred for such purchase by
the issuance of a Certificate of Obligation of the City pursuant to Texas Local Government Code Chapter 271 and
payable from City ad valorem taxes, in the maximum aggregate principal amount of $111, 000 for Bid 97 -8 (one 8 yard
dump truck and one 12 yard dump truck) and $150, 000 for Bid 97 -9 (one rubber tire loader), 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 thereof. The successful bidder will be required to accept the Certificate of
Obligation in payment of all or any part of the contract price. The City Council has made provisions for each
contractor to sell and assign the Certificate of Obligation and each bidder is required to elect whether the contractor
will accept the Certificate in payment of all or a part of the contract price, or assign the Certificate in accordance with
such arrangements.
To be published November I and-24--122§-
SECTION 2: The notice set forth in Section 1 shall be published once a week for two (2)
consecutive weeks in the Huntsville Item, a paper that is of general circulation in
the City of Huntsville and that has been duly designated as the official newspaper
of the City. The date of first publication shall not be less than fourteen (14) days
prior to the date set in the notice for the receipt and opening of bids by the City.
SECTION 3: This ordinance shall take effect and be in full force and effect immediately after its
passage.
PASSED AND APPROVED this 12th day of November, 1996.
THE CITY OF HUNTSVILLE, T XAS
,—" ,
William B. Green, Mayor
ATTEST:
Danna Welter, City Secretary
APP VE D AS
7FORM:
Scott Bounds, City Attorney