ORD 1981-20 - Tractor-Mower-Front LoaderORDINANCE NO. si -a O
AN ORDINANCE AUTHORIZING PUBLICATION OF NOTICE TO BIDDERS
AND NOTICE OF INTENTION TO ISSUE CERTIFICATES OF OBLIGATION
FOR A TRACTOR WITH MOWER AND FRONT 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 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 A TRACTOR WITH MOWER AND FRONT LOADER
NOTICE IS HEREBY GIVEN that the City of Huntsville, Texas, is now ac-
cepting sealed bids for a tractor with mower and front loader. Bids
will be received until March 26, 1981 at 3 :00 P.M. The City Council
tentatively proposed 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 March 31, 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 Purchasing
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 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 contrac-
tual obligation to be incurred for such purchase or purchases,including
contractual obligations for professional services in connection there-
with, by the issuance of Certificates of Obligation of the City pur-
suant to Texas Revised Civil Statutes, Art. 2368a.1 and payable from
City ad valorem taxes, in the maximum aggregate principal amount of
$10,000.00, 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 required 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 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 designated 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 THE CITY COUNCIL ON
THIS THE intk DAY OF M NRC'..4 , A. D. 1981.
, ity Secretary
APPROVED:
f&141/
Scott Bounds, City Attorney
MORRIS I. WA LER, Mayor
ge