Loading...
ORD 1989-02 - Street Sweeper 01-24-1989ORDINANCE NO. AN ORDINANCE AUTHORIZING PUBLICATION OF NOTICE TO BIDDERS AND NOTICE OF INTENTION TO ISSUE CERTIFICATES OF OBLIGATION FOR STREET SWEEPER, 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 STREET SWEEPER BID NO. 89-14 NOTICE IS HEREBY GIVEN that the City of Huntsville, Texas, is now accepting sealed bids for a street sweeper. Bids will be received until 2:00 p.m. Friday, February 17, 1989, in the City of Huntsville Council Chambers, 1212 Avenue M. 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 February 27, 1989 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 of the City at the City Service Center, 80 Highway 75 North. The City reserves the right to accept and bid deemed most advantageous, including alternatives, 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 the incurred for such purchases by the issuance of certificates of obligation of the City pursuant to Chapter 271 of the Texas Local Government Code and, payable from City ad valorem taxes, in the maximum aggregate principal amount of $87,000, bearing interest at a rate not in excess of that prescribed by Texas Revised. Civil Statues Art. 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 such certificates 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 such certificates in payment of all or part of the contract price, or assign such certificates in accordance with such arrangements. Section 2: The notice 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 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 said notice for the receipt of bids. Section 3: This ordinance shall ake effec PASSED AND APPROVED this ...2.Aay of immediately after its passage. AP2ROVED AT TO FORM: ounds, y Attorney 3c , 1989. THE CITY OF HUNTSVILLE, TEXAS By t4///. Jane Monday, ayor