ORD 1981-11 - Police CarsORDINANCE NO. 81 -11
AN ORDINANCE AUTHORIZING PUBLICATION OF NOTICE TO BIDDERS
AND NOTICE OF INTENTION TO ISSUE CERTIFICATES OF OBLIGATION
FOR FOUR (4) POLICE VEHICLES; 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
FOR FOUR (4) POLICE VEHICLES
NOTICE IS HEREBY GIVEN that the City of Huntsville, Texas, is
now accepting sealed bids for four (4) police vehicles. Bids
will be received until February 24, 1981 at 2 :00 P.M. The City
Council tentatively proposes to let a contract for such purpose
and to authorize issuance of Certificates of Obligation, in ac-
cordance with the terms and provisions of this notice, at its
March 3, 1981 meeting or at a subsequent meeting of the City
Council in City Hall.
Copies of specifications are on file at the office of the pur-
chasing agent of the City at the City Service Center, 80 Highway
75 North, and may be examined there without charge, and may be
obtained there.
The City reserves the right to accept any bid deemed most advan-
tageous, 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 or
purchases, including contractual obligations for professional
services in connection therewith, by the issuance of Certificates
of Obligation of the City pursuant to Texas Revised Civil Statutes
Art. 2368a.1 and payable from City ad valorem taxes, in the
maximum aggregate principal amount of $40,000.00, bearing interest
at a rate not in excess of that prescribed by Texas Revised Civil
Statutes 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 provision for each contractor to sell
and assign such Certificates of Obligation and each bidder is re-
quired to elect whether he will accept such Certificate in payment
of all or a part of the contract price, or prices, or assign such
Certificates in accordance 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: This ordinance shall take effect immediately upon its passage.
INTRODUCED READ AND PASSED by the unanimous vote of Council on this
day of e,ij , A. D. 1981.
H DE S W, City Secretary
APPROVED:
j2.4147L-
BOUNDS, S, City Attorney
MORRIS I. WALLER, Mayor