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HomeMy WebLinkAbout06152 ORD - 05/31/1961• MW: 5 -8,61 r ' AN ORDINANCE APPROPRIATING OUT OF NO. 2115 AIRPORT BOND FUND THE SUM OF 0 00 REPRESENTING THE COST OF ACQUIRING A SUBORDINATION AGREEMENT FROM THE GRARIDGE CORPORA- TION ON THE SCOGIN TRACT AND OTHER COSTS OF CLEARING TI LE AND MEETING THE REQUIREMENTS OF THE F.A.A. ENDER THE AIRPORT GRANTS OF PROJECT NO. 2!14J-56-'x-15; APPROVING APPROVING SAID SUBORDINATION AGREEMENT FROM THE GRARIDGE CORPORATION; AND DECLARING AN EMERGENCY. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. THERE IS HEREBY APPROPRIATED THE SUM OF %4600.00 OUT OF NO. 245 AIRPORT BOND FUND, FOR THE FOLLOWING: A. $400.00 FOR AND IN CONSIDERATION OF THE SUBORDINATION AGREEMENT EXECUTED BY THE GRARIDGE CORPORATION SUBORDINATING THEIR OIL AND GAS INTERESTSUNDER THE SCOGIN TRACT, WHICH IS KNOWN AS TRACT 3 ON THE AIRPORT PROPERTY MAP; B. $200.00 FOR OBTAINING CERTIFIED COPIES FROM THE COUNTY CLERK, NUECES COUNTY, TEXAS, SUPPLEMENTAL ABSTRACTS ON SIX TRACTS OF LAND, RECORDING FEES AND OTHER EXPENSES OF CLEARING TITLE TO THE AIRPORT PROPERTY. SECTION 2. THE SUBORDINATION AGREEMENT FROM THE GRARIDGE CORPORATION, THE IBEX COMPANY, INC., AND ALMAKA LIMITED, A LIMITED PARTNER- SHIP, WHICH WAS EXECUTED ON THE 22ND DAY OF APRIL, 1g61, AND WHICH SUB- ORDINATES THE OIL AND GAS LEASE RIGHTS OF THE SAID COMPANIES TO THE RIGHTS OF THE CITY OF CORPUS CHRISTI TO USE THE J. J. SCOGIN LAND FOR AIRPORT PURPOSES, IS HEREBY APPROVED AND ACCEPTED. SECTION 3. THE NECESSITY FOR MAKING THE APPROPRIATION DESCRIBED IN SECTION 1 HEREINABOVE CREATES A PUBLIC EMERGENCY AND AN IMPERATIVE PUBLIC NECESSITY REQUIRING THE SUSPENSION OF THE CHARTER RULE THAT NO ORDINANCE OR RESOLUTION SHALL BE PASSED FINALLY ON THE DATE OF ITS INTRO- DUCTION AND THAT SUCH ORDINANCE OR RESOLUTION SHALL BE READ AT THREE SEVERAL MEETINGS OF THE CITY COUNCIL, AND THE MAYOR, HAVING DECLARED THAT SUCH PUBLIC EMERGENCY AND IMPERATIVE NECESSITY EXIST, AND HAVING REQUESTED THAT SUCH CHARTER RULE BE SUSPENDED, AND THAT THIS ORDINANCE BE PASSED FINALLY ON THE DATE OF ITS INTRODUCTION AND TAKE EFFECT AND BE IN FULL 6.Y.a.luV' C! FORCE AND EFFECT FROM AND AFTER 1 5 PASSAGE, IT IS ACCORDINGLY PASSED -11 AND APPROVED, THIS DAY OF 1961. C .MAYOR " THE CITY OF CORPUS CHRIST , TEXAS ATTEST: CITY SECRItT A APPRO,,V.,,�� AS TO EGAL FORM THIS q_"gDAY OF 1961: aAe�ci`ty ATTORNEY �AW:AH :10 -20 -59 • MAY 5, 1961 CERTIFY TO THE CITY COUNCIL THAT THE MONEY REQUIRED FOR THE CONTRACT, AGREEMENT, OBLIGATION, OR EXPENDITURE CONTEMPLATED IN THE ABOVE AND FOREGOING ORDINANCE IS IN THE TREASURY OF THE CITY OF CORPUS CHRISTI TO THE CREDIT OF NO. 245 AIRPORT BOND FUND $600.00. PRo.I. No. 245-56-2.15 FUND FROM WHICH IT IS PROPOSED TO BE DRAWN, AND SUCH MONEY IS NOT APPROPRIATED FOR ANY OTHER PURPOSE. A/wiv f /24� - ©IRECTOR OF FINAN iur�oyY:r>, n �'a 3 ZI ACCOUNTING MI MAY 8 All 8 51 • • CORPUS CHRISTI TEXAS DAY OF 19 6 % TO THE MEMBERS OF THE CITY COUNCIL CORPUS CHRISTIs TEXAS FOR THE REASONS SET FORTH IM THE EMERGENCY CLAUSE OF THE FORE- GOING ORDINANCES A PUBLIC EMERGENCY AND IMPERATIVE NECESSITY EXIST FOR THE SUSPENSION -OF THE CHARTER RULE OR REQUIREMENT THAT NO ORDINANCE OR RESOLUTION SHALL BE PASSED FINALLY ON THE DATE IT IS INTRODUCEDO AND THAT SUCH ORDINANCE OR RESOLUTION SHALL BE READ AT THREE MEETINGS OF THE CITY COUNCIL; 1', THEREFORE9 HEREBY REQUEST THAT YOU SUSPEND SAID CHARTER RULE OR REQUIREMENT AND PASS THIS ORDINANCE FINALLY ON THE DATE IT IS INTRODUCED OR AT THE PRESENT MEETING OF THE CITY COUNCIL. RESPECTFULLY, :' MAY THE CITY OF CORPUS CHRISTIDTEXAS THE CHARTER RULE WAS SUSPENDED BY THE FOLLOWING VOTES BEN F. MCDONALD Tom R. SWANTNER DR. JAMES L. BARNARD JOSE R. DELEON M. P. MALDONADD W. J. ROBERTS r JAMES H. YOUNG THE ABOVE ORDINANCE WAS PASSED BY THE FOLLOWING VOTES BEN F. McDONALD TOM R. SWANTNER DR. JAMES L. BARNARD JOSE R. DELEON M. P. MALDONADO W. J. ROBERTS n JAMES H. YOUNG 6;t Q