HomeMy WebLinkAbout06557 ORD - 06/20/1962IMS:JKH:6 -13 -62 ,
AN ORDINANCE
APPROPRIATING THE SUM OF $21,304.60 OUT OF VARIOUS
BOND FUNDS FOR EXPENSES IN CONNECTION WITH THE SALE
OF 2.750,000 GENERAL IMPROVEMENT BONDS, SERIES 196_,
AND 1.200.000 WATER REVENUE BONDS, SERIES 19 2, QN
APRIL 10, 1962; AND DECLARING AN EMERGENCY.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY Ol: CORPUS
CHRISTI, TEXAS:
SECTION 1. THAT THERE IS HEREBY
APPROPRIATED THE SUM OF
$21,304.60 OUT OF THE FOLLOWING LISTED BOND
FUNDS FOR EXPENSES
IN CON-
NECTION WITH THE SALE OF $2,750,000 GENERAL
IMPROVEMENT BONDS,
SERIES
1962, AND $1,200,000 WATER REVENUE BONDS, SERIES
1962, SAID SALE
HAVING
BEEN CONDUCTED ON APRIL 10, 1962:
$ 195,000
3.8
EXPENSES OF GENERAL IMPROVEMENT BONDS:
FIRE STATION BOND
FUND 76,000
M. E. ALLISON & CO., INC. - FISCAL AGENTS
FEE $11,650.00
HOSPITAL BOND FUND
POSTAGE & ENVELOPES (69.6% OF $323.21)
224:
220
OTHER EXPENSE (69.6% OF $32.99)
11, 22.6
$11,897.91
EXPENSES OF WATER REVENUE BONDS:
SANITARY SEWER BOND
M. E. ALLISON &. CO., INC. - FISCAL AGENT'S
p
FEE $ 8,820.00
FUND
POSTAGE & ENVELOPES (30.4% OF $323.21)
8.26
295
STORM SEWER BOND
,
, 0.
MERCANTILE NATIONAL BANK AT DALLAS:
470.40
1,325,000
AUTHENTICATION'OF WATER REVENUE BONDS
OTHER EXPENSE (30.4% OF $32.99)
10.03
9,406.69
$21,ao4.60
DISTRIBUTION OF EXPENSE:
LIBRARY BOND FUND
ejq.7c
ip 3v.•,v
TOTAL BONDS SOLD
212
FIRE STATION BOND
FUND
FUND
-
7-19-71 & -10 62
PERCENT
211
LIBRARY BOND FUND
$ 195,000
3.8
212
FIRE STATION BOND
FUND 76,000
1•5
214
HOSPITAL BOND FUND
844,000
16.x+
220
STREET BOND FUND
1,195,000
23.2
250
SANITARY SEWER BOND
295
STORM SEWER BOND
FUND
FUND
1,515,000
29.4 -
295
STORM SEWER BOND
197-95
, 0.
FUND
1,325,000
25.7
-0-
0.O
49
21 0 0
$5,150000
100.0
APPROPRIATIONS:
TOTAL BONDS SOLD
LESS PREVIOUS
211
LIBRARY BOND FUND
ejq.7c
ip 3v.•,v
212
FIRE STATION BOND
FUND
250.47
t_5533.60
N
96.87
214
HOSPITAL BOND FUND
2,738.46
.4o
-2,052.06
220
STREET BOND FUND
3,873.92
94o.81
2,933.11
250
SANITARY SEWER BOND
4,gog.21
931.21
3,978•oo
FUND
-
295
STORM SEWER BOND
FUND
4
2000
2 241.75
11 097.91
197-95
, 0.
202
WATER REVENUE BOND
FUND
406.6
-0-
0.O
49
21 0 0
2 1
6557
SECTION 2. THE NECESSITY FOR IMMEDIATELY MAKING THE APPROPRI-
ATION AS DESCRIBED IN SECTION 1 HEREOF 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 INTRODUCTION AND THAT SUCH ORDINANCE OR RESOLUTION SHALL BE READ AT
THREE SEVERAL MEETINGS OF THE CITY COUNCIL, AND THE MAYOR HAVING DECLARED
THAT SUCH EMERGENCY EXISTS, AND HAVING REQUESTED THE SUSPENSION OF SAID
CHARTER RULE AND THAT THIS ORDINANCE TAKE EFFECT AND BE IN FULL FORCE
AND EFFECT FROM AND AFTER ITS PASSAGE, IT IS ACCORDINGLY PASSED AND
APPROVED THIS THE o DAY OF JUNE, 1962.
ATTEST• MAYOR
THE CITY OF CORPUS CHRIS ,TEXAS
CITY SECRET RY
APPROVED AS TO LEGAL FORM THIS
THE DAY OF JUNE, 1962:
CITY ATTORNEY
se:6 -25 -60
June 12, 1962
Yx
I 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 p•.R r
TO THE CREDIT OF N0, See_Funds Listed Below
-FUND FROM WHICH IT IS PROPOSED TO BE DRAWN, AND SUCH •MONEY IS NOT
APPROPRIATED FOR ANY OTHER PURPOSE, '
3k ^ i
a �
IRE TOR OF FI N
217 Library Bond Fund $ 5. .q6-T2
212 Fire Station Bond• Fund 96.87
21'+ Hospital Bond Fund 2,052.06 \�J
220 Street Bond Fund 2,933.11 1
250 Sanitary Sewer Bond Fund 3,978.00
295 Storm Sewer Bond Fund 2,241.75
202 Water Revenue Bond Fund 9,406.69
CORPUS CHRISTI TEXAS
DAY OF y 19 Ylr
i
TO THE MEMBERS OF THE CITY COUNCIL &,
CORPUS CHRISTI, TEXAS
FOR THE REASONS SET FORTH IN THE EMERGENCY, CLAUSE OF THE FORE- +
GOING ORDINANCE, 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 INTRODUCED, AND THAT
SUCH ORDINANCE OR RESOLUTION SHALL BE READ AT THREE MEETINGS OF THE CITY
COUNCIL; 1, THEREFORE, 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.
t,
+ RESPECTFULLY,
MAYOR Alfa .
THE CITY OF CORPUS CHRISTI, AAS
THE CHARTER RULE WAS SUSPENDED BY THE FOLLOWING VOTER'
BEN F. MicDONALD - _ - - - - -� 4
A+ TOM R. SWANTNER
p DR. JAMES L. BARNARD
A JOSE R. DELEON ,
M. P. MALDONADO
W. J. ROBERTS
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
+ JAMES H. YOUNG