ORD 1994-40 - Authorizing Publication C.O. - Utlity Trailer 10-11-1994ORDINANCE NO. 94 -40
AN ORDINANCE AUTHORIZING PUBLICATION OF NOTICE TO
BIDDERS AND NOTICE OF INTENTION TO ISSUE CERTIFICATES OF
OBLIGATION FOR A UTILITY TRACTOR; 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
BID NO. 95 -5
Utility Tractor
NOTICE IS HEREBY GIVEN that the City of Huntsville, Texas, is now accepting sealed bids
for a utility tractor which will be used for mowing and other maintenance activities by the
Parks & Recreation Division. Bids will be received until 2:00 p.m., Tuesday, November 1,
1994, in the City of Huntsville Council Chambers, 1212 Avenue M, at which time bids will be
opened. 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 November 15, 1994, meeting or at a subsequent meeting of the City
Council in City Hall.
Copies of specifications are on file and may be obtained or examined at the office of the
Purchasing Department at 1212 Avenue M, Huntsville, Texas.
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 $30, 000, 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 October 16 and 23, 1994.
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 inunediately
after its passage.
PASSED AND APPROVED this 11th day of October, 1994.
THE CITY OF HUNTSVILLE, TEXAS
ATTEST:
Danna Welter, City Secretary
APPROVED AS TO FORM:
Scott Bounds, City Attorney