HomeMy WebLinkAbout05787 ORD - 06/15/1960BS:Mw 5 -11 -6o
AN ORDINANCE
AUTHORIZING AND DIRECTING THE CITY MANAGER, FOR
AND ON BEHALF OF THE CITY OF CORPUS CHRISTI, TO
EXECUTE A LEASE AGREEMENT WITH THE CORPUS CHRISTI
BANK & TRUST CONtl'ANY TRUSTEE, AS LESSEE, OF CERTAIN
LANDS DESCRIBED IN SAID LEASE, A PART OF THE NEW
MUNICIPAL IRPORT LANDS, FOR A TERM OF 30 YEARS
FROM THE DATE OF EXECUTION OF S H ASE WHTM
LEASE HAS BEEN HERETOFORE APPROVED ff THE QUALIFIED
VOTERS AT AN ELECTION HELD ON AUGUST 29, 1959•
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS
CHRISTI, TEXAS:
SECTION I. THAT THE CITY MANAGER BE AND IS HEREBY AUTHORIZED
AND DIRECTED TO EXECUTE AND TO ENTER INTO A LEASE AGREEMENT WITH THE
CORPUS CHRISTI BANK & TRUST COMPANY, TRUSTEE, AS LESSEE, OF CERTAIN
LANDS DESCRIBED IN SAID LEASE, WHICH LANDS ARE A PART OF THE SITE OF
THE NEW MUNICIPAL AIRPORT, A COPY OF SAID LEASE IS CONTAINED IN ORDINANCE
NO. 5456 HERETOFORE PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY
OF CORPUS CHRISTI ON AUGUST 5, 1959, AND THE QUESTION OF WHETHER OR NOT
THE CITY COUNCIL SHOULD ENACT AN ORDINANCE GRANTING SAID LEASE TO THE
CORPUS CHRISTI BANK & TRUST COMPANY, LESSEE, WAS SUBMITTED TO THE
QUALIFIED VOTERS OF THE CITY OF CORPUS CHRISTI AT AN ELECTION HELD ON
AUGUST 29, 19591 AND AS EVIDENCE BY ORDINANCE N0. 548o,HERETOFORE PASSED
AND APPROVED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, THE
QUALIFIED VOTERS VOTING IN SAID ELECTION DID AUTHORIZE AND APPROVE THE
EXECUTION OF SAID LEASE AGREEMENT. ORDINANCE N0. 5456 AND THE COPY OF
THE LEASE AGREEMENT CONTAINED THEREIN IS REFERRED TO AND ADOPTED HEREBY
AS THE FORM TO BE EXECUTED BY THE CITY MANAGER, AND SAID ORDINANCE AND
FORM SHALL BE CONSIDERED, BY REFERENCE, AS A PART OF THIS ORDINANCE FOR
ALL INTENTS AND PURPOSES AS IF COPIED VERBATIM HEREIN.
SECTION 2. THAT THE CITY MANAGER IS HEREBY AUTHORIZED AND
DIRECTED TO DO ALL THINGS NECESSARY IN ORDER TO CARRY OUT THE INTENTS
AND PURPOSES EXPRESSED IN SAID LEASE AGREEMENT, INCLUDING THE EXECUTION
OF A TRUST AGREEMENT WHICH WILL PROTECT AND COMPENSATE THE CORPUS CHRISTI
BANK & TRUSTOCOMPANY, TRUSTEE, FOR THE BANK'S EFFORTS IN SUB - LEASING AND
ASSIGNING THE AIRPORT PROPERTY COVERED BY SAID LEASE AGREEMENT.
5!8`71
THAT THE FOREGOING ORDINANCE WAS R AD FOR THE FIRST TIME AND
PASSED TO ITS SECOND READING ON THIS THEDAY OF 1 (�
BY THE FOLLOWING VOTE;
ELLROY KING
JAMES L. BARNARD
MRS. RAY AIRHEART
JOSEPH S. DUNN
PATRICK J. DUNNE
R. A. HUMBLE
GABE L. LOZANO, SR.
THAT THE FOREGOING ORDINANCE WA (f'�
EAD FOR E SECOND TIME A D
PASSED TO ITS THIRD READING ON THIS THE DAY OF �
BY THE FOLLOWING VOTES >' 19 —...�
ELLROY KING
JAMES L. BARNARD t7
• MRS. RAY AIRHEART
JOSEPH B. DUNN
PATRICK J. DUNNE
R. A. HUMBLE
GABE L. LOZANO, SR.
THAT THE FOREGOING ORDINANCE WA�S READ FO*THEHIRD IM E AND
PASSED FINALLY ON THIS THE !S
VOTES DAY OF i x.19 40 , BY THE FOLLOWING
ELLROY KING
JAMES L. BARNARD
MRS. RAY AIRHEART
JOSEPH B. DUNN
PATRICK J. DUNNE
R. A. HUMBLE
GABE L. LOZANO, SR. /
PASSED AND APPROVED, THIS THE S DAY OF , 19(yo
ATTEST:
MAYOR '9 CITY SECRETARY THE CITY OF CORPUS CHR Ti, TEXAS
APPROVED AS TO LEGAL FORM
THIS _DAY OF �q�� 1 n a .
CITY -ATTORNEY