HomeMy WebLinkAboutResolution No. 82-25 RESOLUTION NQ. ���'8,�,
A RESOLUTION AUTHORIZING PUBLICATION OF NOTICE TO
� BIDDERS AND NQTICE OF INTENTION OF THE CITY OF
FRIENDSWOOD, TEXAS TQ ISSUE CERTIFICATES OF OBLIGATION
TO PURCHASE A HEAVY-DUTY DUMP TRUCK FOR THE CITY
PUBLIC WORKS DEPARTMENT.
THE STATE OF TEXAS
COUNTIES OF GALVESTON AND HARRIS
CITY OF FRIENDSWOOD
WHEREAS, the City Council of the City of Frienc�swood ,
Texas , deems it advisable to issue Certificates of Obligation
of the City to purchase a heavy-duty dump truck for the City
Public Works Department in accordance with the notice
hereinafter set forth; now therefore ,
� * � � *
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAIENDSWOOD,
STATE OF TEXAS :
Section 1 . The facts and recitations contained in the
prear�ble of this Resolution are hereby found and declared to be
true and correct .
Section 2. The City Secretary is hereby authorized and
directed to cause to be published in the manner required by law
a notice to bidders and notice of intentian to issue
Certificates of Obligation in substantially the following form :
NOTICE TO BIDDERS AND NOTICE OF INTENTION
TO ISSUE CERTIFICATES OF OBLIGATION
` NOTICE IS HEREBY GIVEN that sealed proposals (hereinafter
sometimes called "bids") addressed to the Mayor and City
Council of the City of Friendswood, Texas, wi11 be received at
a meeting of the City Council in the City Hall , 109 Willowick,
Friendswood, Texas 77546, until 7 : 30 p.m. , p v e ,�����_��_�,,�,� �/�� ,
1982, at which time they will be publicly opene a�n '-read
aloud, for the sale to the City of certain equipment , to wit :
One each heavy-duty --#-r-=&� diesel powered dump truck for use by
the Public Works Department .
Bids received after closing time wi11 be returned
unopened. A cashier' s check or certified check, drawn on a
bank acceptable to the City Council and made payable to the
City of Friendswood, Texas , or a bidder ' s bond issued by a
surety company duly authorized to do business in the State of
Texas , in an amount equal to not less than five percent ( 5a ) of
the largest possible total of the bid submitted r►ust accor�pany
each bid, as a guarantee that each successful bidder will enter
into a contract on the terms provided herein, and in the
contract documents and specifications , within ten (10) days
after notice of award of contract . Such checks or bidder' s
bonds will be returned to bidders within three (3) days after
opening of bids , except that such checks or bidder' s bonds of
the acceptable bidders submitting the two lowest bids will be
returned to said bidders within t�aenty-four ( 24) hours after
final execution of the contract , and the posting of a
performance bond. issued by a surety company duly authorized to
do business in the State of Texas , by the successf.ul bidder
equal to one Yiundred percent (100; ) of the contract price.
Copies of contract documents and specifications are on file at
the affice of tYie City Secretary, City Hall , Friendswood,
Texas , and may be examined there without charge.
This notice shall be and constitute a part of the said
contract documents and specifications.
No such bids may be withdrawn a£ter the scheduled closing
time for receipt of bids and .for thirty (30) days thereafter.
The City Council reserves the right to accept any bid deemed
most advantageous to the City of Friendswood , to reject any or
all bids , and to waive any informality. In case of ambiguity
or lack of clearness in the statement of prices in each
proposal , the City Council reserves the right to adopt prices
written in words, or to reject such a proposal .
It is the intention of the City Council to pay all or any
part of any contractual obligation to be incurred for the
purchase of said equipment , including contractual obligations
for professional services in connection therewith, by the
issuance of Certificates of. Obligation of said. City, payable
from City ad valorem taxes , in the maximum amount of
$ �� oa�• oo , bearing interest at a rate not in
excess of t at prescribed by Article 717k-2 , V.T. C. S. , as
arnended , and maturing over a period o.f years not to exceed ten
years from the date thereof , for the purpose of evidencing the
indebtedness of said City for all or any part af the cost of
purchasing said equipment , including the cost o£ professional
services incurred in connection therewith, and the successful
bidder will be required to accept such certificates in payment
of all or a portion of the contract price ; and it is tl�e
intention of said City Council to adopt timely an ordinance
authorizing the issuance of said Certificates of Obligation.
The City Council has made provision for the contractor
(successful bidder) to sell and assi�n such Certificates of
-2-
Obligation to another at par and without discount , and with no
• exchange or collection charges to the said contractor, and each
bidder is required , at the time of the receipt of bids by the
City Council , to elect whether he will accept such certificates
� in payment of all or a part of the contract price or assign
such certificates in accordance with such arrangements.
WITNESS MY HAND AND THE OFFICIAL SEAL OF SAID CITY,
thi s � day of {�C7"p(3 e,/L. , 1982.
. �
C�i
City Secretary
City of Friendswood , T as
(SEAL)
-3-
:
Section 3. The notice set forth in Section 2 of this
� Resolution shall be published once a week for two ( 2)
consecutive weeks in a newspaper of general circulation in the
City of Friendswood, the date of the first publication to be
not less than fourteen (14) days prior to the date set in said
notice £or the receipt of bids by said City Council.
Section 4. The Mayor, City Secretary, and other officers
of the City are hereby authorized and directed to do any and
all things necessary or desirable to carry out the provisions
of this Resolution.
Section 5. This Resolution shall take effect immediately
upon its passage.
PASSED, APPROVED, AND ADOPTED thi s 1 7"�E1- day of �pQe�c... ,
1982.
Mayor
City of Friendswood, Texas
ATTEST:
, �
City Secretary
(SEAL)
APPROVED AS TO FORM:
City Attorney
-4-