ORD 1986-30 - CO Sanitation TruckORDINANCE NO. 86-30
AN ORDINANCE AUTHORIZING PUBLICATION OF NOTICE TO
BIDDERS AND NOTICE OF INTENTION TO ISSUE CERTIFICATES
OF OBLIGATION FOR A FRONT LOADING GARBAGE TRUCK, 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
FRONT LOADING GARBAGE TRUCK
BID NO. 87 -12
NOTICE IS HEREBY GIVEN that the City of Huntsville, Texas, is now
accepting sealed bids for a front loading garbage truck. Bids
will be received until 2 P.M., Wednesday, January 7, 1987, 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
January 13, 1987, 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 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 purchases 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
$125,000.00, 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 provisions 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
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
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 by Council.
Section 3: For the reasons set forth in the notice of meeting posted as
the agenda on which this Ordinance was considered, a public emergency
and imperative necessity exist for this Ordinance to be passed and
take effect and be in full force and effect immediately after its
passage.
PASSED AND APPROVED this day of ;12,MmAle/r 1986.
THE CIT OF HUNTSVILLE, TEXAS
By
h De haw, City ecre ary
APPROVED AS TO FORM:
Scott Bounds, City Attorney
Monday, Mayor