ORD 1992-25 - Authorize Publication Of Notice To Bidders - Backhoe 11-23-1992ORDINANCE NO. 92-25
AN ORDINANCE AUTHORIZING PUBLICATION OF NOTICE TO
BIDDERS AND NOTICE OF INTENTION TO ISSUE CERTIFICATES OF
OBLIGATION FOR A 1993 DIESEL POWERED BACKHOE; 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
1993 DIESEL POWERED BACKHOE
BID NO. 93-7
The City of Huntsville, Texas, is accepting sealed bids for a 1993 Diesel Backhoe. Bids will be
received until 2:00 p.m., Monday, December 14, 1992, in the City of Huntsville City 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 December 15th
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 City Hall, 1212 Avenue M, Huntsville, Texas 77340.
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 $35, 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 may make
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.
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 23rd day of November, 1992.
THE CITY OF HUNTSVILLE, TEXAS
ATTEST:
Danna Welter, City Secretary