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HomeMy WebLinkAbout07189 ORD - 04/08/1964IMS:JKH:3 -25 -64 AN ORDINANCE AUTHORIZING AND DIRECTING THE CITY MANAGER, FOR AND ON BEHALF OF THE CITY OF CORPUS CHRISTI, TO EXECUTE AN AGREEMENT WITH THE NUECES COUNTY WATER CONTROL AND IMPROVEMENT DISTRICT NUMBER 2, IN ACCORDANCE WITH THE PROVISIONS OF ARTICLE 118a -1, V.A.C.S., A COPY OF WHICH AGREEMENT IS ATTACHED HERETO AND MADE A PART HEREOF, FOR THE TRANSFER TO THE CITY OF CORPUS CHRISTI OF THE ASSETS OF THE DISTRICT, WHICH ASSETS WHEN TRANS- FERRED WILL BECOME AN EXTENSION OF AND PART OF THE WATER DISTRIBUTION SYSTEM OF THE CITY, IN CONSIDERATION OF THE AGREEMENT OF THE CITY TO OPERATE SAID FACILITIES AS A PART OF THE WATER DISTRIBUTION SYSTEM OF THE CITY; SETTING FORTH THE PROVISIONS OF SAID AGREEMENT; APPROPRIATING $1490,000, OF WHICH $330,000 IS OUT OF WATER SYSTEM BOND FUND NO. 202 AND $160,000 IS FROM THE FLOUR BLUFF WATER SYSTEM ACQUISITION CLEARING FUND, FOR PROJECT NO. 202- 64 -24, EXTENSIONS - FLOUR BLUFF SYSTEM. WHEREAS, THE CITY OF CORPUS CHRISTI, HEREINAFTER CALLED CITY, A MUNICIPAL CORPORATION, IS THE OWNER OF A WATER DISTRIBUTION SYSTEM; AND WHEREAS, A PORTION OF LAND AREA LYING WITHIN THE NUECES COUNTY WATER CONTROL AND IMPROVEMENT DISTRICT NO. 2, HEREINAFTER CALLED DISTRICT, WAS ANNEXED BY THE CITY ON AUGUST 5, 1961; AND WHEREAS, THE CITY DESIRES TO FURNISH AN ADEQUATE SUPPLY OF FRESH CONSUMABLE WATER TO ALL THE CITIZENS LIVING WITHIN THE BOUNDARIES OF THE CITY, INCLUDING THE PROPERTY OWNERS AND PEOPLE LIVING WITHIN ALL AREAS CLAIMED TO HAVE BEEN LEGALLY ANNEXED; AND WHEREAS, ARTICLE 1182c -1 OF VERNON'S ANNOTATED CIVIL STATUTES SETS FORTH THE PROCEDURE TO BE FOLLOWED WHEN CITIES ANNEX TERRITORY WITHIN WATER CONTROL AND IMPROVEMENT OR FRESH WATER SUPPLY DISTRICTS: NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. THE CITY MANAGER BE, AND HE IS HEREBY, AUTHORIZED AND DIRECTED, FOR AND ON BEHALF OF THE CITY OF CORPUS CHRISTI, TO EXE- CUTE AN AGREEMENT WITH THE NUECES COUNTY WATER CONTROL AND IMPROVEMENT DISTRICT NUMBER 2, IN ACCORDANCE WITH THE PROVISIONS OF ARTICLE 1182C -1 'r 7189 e• OF VERNON'S ANNOTATED CIVIL STATUTES, A COPY OF WHICH AGREEMENT IS ATTACHED HERETO AND MADE A PART HEREOF, FOR THE TRANSFER TO THE CITY OF CORPUS CHRISTI OF THE ASSETS OF THE DISTRICT, WHICH ASSETS WHEN TRANSFERRED WILL BECOME AN EXTENSION OF AND PART OF THE WATER DISTRI- BUTION SYSTEM OF THE CITY, IN CONSIDERATION OF THE AGREEMENT OF THE CITY TO OPERATE SAID FACILITIES AS A PART OF THE WATER DISTRIBUTION SYSTEM OF THE CITY. 1� SECTION 2. THERE IS HEREBY APPROPRIATED THE SUM OF $490,000, OF WHICH $330,000 IS OUT OF WATER SYSTEM BOND FUND N0. 202 AND $160,000 IS FROM THE FLOUR BLUFF WATER SYSTEM ACQUISITION CLEARING FUND, FOR PROJECT NO. 202- 64 -24, EXTENSIONS - FLOUR BLUFF SYSTEM. 71 March 24, 1964 THE STATE OF TEXAS X COUNTY OF NUECES X WHEREAS, the City.of Corpus Christi, (hereinafter called City) a munici- pal corporation, is the owner of a water distribution system; and WHEREAS, a portion of land area lying within the Nueces County Water Con - trol And Improvement District.Number 2, (hereinafter called District) was annexed by City on,August 5, 1961; and R• Y WHEREAS, District was originally organized primarily for the purpose of providing adequate fresh, consumable water to the various people living within the boundaries of said District; and WHEREAS, District desires to effectuate an assurance that the people with- in the boundaries.of said District are provided with an adequate supply of fresh, consumable water now as well as at all times in the future at the least amount of cost, considering both charges to the consumer and taxes to the property owners with- in said District; and WHEREAS, City desires to furnish an adequate supply of fresh consumable water to all the citizens living within the boundaries of City, including the prop- a rty owners and people living within all areas claimed to have been legally annexed; and WHEREAS, it is the desire and intent of City and District to effectuate a water supply system whereby the property owners and people living within the other areas supplied by City, both within and outside of City, and the property owners and people living within the boundaries of District shall not be discriminated against in regard to water rates or water taxes, and'such people shall be treated alike, according to City water rate classifications, in connection therewith at.all times in the future; and WHEREAS, City and-District-desire to enter into an agreement-whereby City will acquire all the.assets. and assume all the obligations of District including, but not limited to, bonded debt obligations of District.and will maintain and operate all the existing facilities of District so acquired, and to be acquired within Dis- trict's area in the future, as a part of City water system; and WHEREAS, District desires to assure an.adequate fresh, consumable water supply to the property owners and people living•within the boundaries of District including all of that.area of said District not_within that portion annexed or Jr. claimed to be annexed to City and City desires to so effectuate such assurance in order to acquire all the assets and assume all the obligations of District, and to continue to operate the existing facilities so acquired and to be-acquired within said District's area in the future; and WHEREAS, Article 1182C -1 of Vernon's Annotated Civil .Statutes sets forth the procedure to be followed when cities annex territory within .water control and improvement or fresh water supply districts; and WHEREAS, Section 2 of Article 1182C -1 authorizes the City and District "to enter into contracts in regard to the division and allocation,of duplicate and overlapping powers, functions, and duties between such agencies, and in regard to the use, management, control, purchase, conveyance, assumption, and disposition of the properties, assets, debts, liabilities and obligations of such district. Any such district is expressly authorized to enter into agreements with such city for the operation of the district's utility systems and other properties by such city, and may provide for the transfer, conveyance or sale of such systems and properties of whichever kind and wherever situated (including properties outside the city) to such city upon such terms and conditions as may be mutually agreed upon by and between the gov0rning7.bodies of such district and city. Such operating contracts may extend for such period of time not exceeding thirty (30) years as may be stipulated therein and shall be subject to amendment, renewal or termination by mutual consent of such governing bodies. No such contract shall contain any provision im- pairing the obligation of any existing contract of such city or district." and NOW THEREFORE, witness all men by these presents that for and in considers- tion of the premises, the mutual covenants, the conditions, and agreements herein stated City and District agree as follows: 1. .District_ohall transfer to City on the effective date of this contract all the assets and liabilities of District, including among other assets the cash and investments of the Amortization and Emergency Fund and the Interest and Sinking Fund, together with all past and current accounting records accumulating to the effective date of this contract.and including title to all real property, vehicles, and equipment. City and District agree that the firm ,of Morrison and Womack or some other firm mutually agreeable to both parties will be.employed to bring the audit.as of December 31, 1963, forward to the 'effective date of this contract, with exhibits showing.details of all assets and liabilities. Such audit, brought forward to the date.of execution of this contract, will be the basis for determining the assets and liabilities of District. 2. .District has outstanding $507,000 of bonds from the original $700,000 authorized by Resolution,adopted September 28, 1950, hereinafter called "Resolution" -2- which states as follows: "authorizing the issuance of Nueces County Water Control and Improvement District No. II Waterworks Revenue and Tax Bonds, Series 1950, bearing interest at the rates of 3% and 3'k% per annum; maturing serially, pledging the net revenues from the operation of the waterworks system and levying a tax to pay the principal and interest thereof; prescribing the duties of the officers of the District in reference to the issuance, approval, and delivery of the bonds; prescribing other provisions pertain- ing thereto; and repealing all resolutions in conflict herewith." Of the total bonds outstanding, $23,000 mature on October 1, 1964, $24,000 will mature on October 1, 1965, and the balance.and remainder of said bonds may be called for re- demption on October 1, 1965. City shall, on the effective date-of this contract, deposit with the Corpus Christi State National Bank the sum of $490,000. City,shall thereafter semi- annually transfer to said Trustee the next interest payment as set forth below and, if necessary, any supplemental transfer for principal payments so that the Amortization, Emergency, and Interest and Sinking,Fund will at all times contain no less than.$409,000. Said Bank shall actmas Trustee and hold such funds so deposited_ and to be so deposited for the purpose of paying the principal.and interest.on District's outstanding bonds unless said bonds are assumed by. City as hereinafter provided.and upon written instructions from City will transfer to the paying agent the cash needed to pay principal.and interest maturities on said bonds as follows: .BOND NUMBERS MATURITY DATE PRINCIPAL FTF 3 10 $ 174 -196 10-1-64 000 8,755 31,,7555 4 -1 -65 8,410 8,410 197 -220 10 -1 -65 24,000 8,410 32,410 4 -1 -66 8,050 8,050 221 -445 10 -1 -66 25,000 8,050 33,050 4 -1 -67 7,613 7,613 246 -271 1 10 -1 -67 26,000 7,613 _33,613 4 -1 -68 7,158 7,158 272 -298 10 -1 -68 27,000 7,158 34,158 Callable for redemption on any interest paying date on or after 10 -1 -68 _382,000 -- 3. .City is hereby authorized, subject.to the provisions of paragraph.2 hereof, to instruct said Bank to invest any.and all money on deposit.with said Bank in United States Securities. 4. City, may at its discretion call-an election to authorize the assump- tion by City of all District's outstanding debt. If said election is approved by majority vote,.City „shall carry out the necessary related actions to fully execute the assumption of such debt. 5. If City has not so assumed the.debt.of District by July 31, 1965, Dis- trict upon written request from City to any Board member shall, as promptly as practically -3- possible, take all actions necessary as set forth in Section.3 of Resolution to pro - vice for and execute the calling for redemption prior to maturity of all bonds out- standing on October 1, 1965. If City determines that it does not wish to call the bonds on October 1, 1965, this provision shall apply on any interest paying date thereafter which City may elect, until October 1, 1968 on which date District shall execute the calling of the then outstanding bonds. All costs of said call will be borne by City.and be paid in the manner set forth below. ,City.shall, before instruct- ing District to call said bonds, deposit.with said Trustee mentioned in Section 2, whatever sum is necessary to be deposited so that the cumulative deposit shall total the then outstanding principal qnd interest plus paying agent's fees in cash or securities having a maturity value of said amount and maturing at least 5 days prior to the maturity dates set forth in Section 2-above. 6. Any balance remaining with the Trustee after the retirement of all.said bonds listed above and the payment of all interest.and paying agent's fees or the assumption of said bonds by City as provided hereinabove shall be limited to and be- come the property of City immediately upon such retirement or assumption and City shall be entitled to withdraw said deposit immediately thereafter. 7. ,City shall, simultaneously with the execution of this agreement,,furnish District with proper certification that all cash and /or. securities required in Section 2 hereof have been deposited in the named trustee bank. 8. City shall, on the.effective date of this contract take over all operating facilities of District and shall provide an adequate supply of fresh, consumable.water to all property in said District which is at the time of the execution of this contract being furnished fresh, consumable water by District. .City shall at its sole expense maintain and keep in proper repair the facilities.acquired from District as.well as all facilities to be installed by City in the future as a part of the City water distribu- tion system and subject to the control of City to the same extent as all other parts of said system. 9. Approximatelg 64 permanent, inhabited buildings'within that portion'of District annexed'or claimed to be "anndxed'by City'do_ndt now.have potable water avail- able through District's'facilities. These buildings'are shown on Exhibit I: City 'shall provide water service to 50% of Such buildings.by 12 months aftdr"the execution of this contract and to 90% of such buildings within 36 months of the date-of execution hereof. The pro rata charge to each potential customer will be determined by utilizing -4- I the.City system's extension policy in effect at the time of the extension. Service un- der this section will be considered adequate if it is provided by a line at-least 1 inch in diameter. 10. City agrees that the rates which will be charged to former consumers of District will be the published rates of the.City as established from time to time. City shall not discriminate against the consumers of water within said District ly- ing outside the claimed annexed area, but shall charge said customer for water fur- nished in,said area on an "outside City limit" basis, the basis being the same basis as applies to all "outside.City limit" water consumers within the sane classifica- tion. City agrees that all new customers will be served according to the same rules ,and regulations that now control or in the future.will govern similar customers in similar areas either within or outside of the City. 11. City shall do each and every act and thing required of District under the Law, District,Charter, Resolution, and contractual obligations of District ex- cept: a. City shall not levy any water tax solely against any of the land located within the boundaries of District. This provision shall not in any way restrict•.City from levying general ad valorem taxes against all properties lying within the City. b. City shall not be required to furnish such fresh Water to the people living in the area,of said District not within the claimed annexed area to the City of Corpus Christi, at the same price as it is herein required to furnish to the people living within said annexed area. Provided, however, City shall maintain at its own cost and expense all of the existing water lines and facilities located outside the area claimed to be annexed but within ,the District area, and shall.maintain and keep all lines and facilities installed in the future in proper repair and operating,condition and further shall provide adequate water and pressure in said lines, so as to provide an adequate supply of fresh, consum- able water to all customers in that area of District lying outside the claimed annexed area. 12. City shall perform each and every act required of City in order to carry out the spirit and tenor of this agreement. 13. District shall limit the exercise of its authority to calling.the bonds, if so requested by,City, and to those actions which District deems necessary to cause compliance with the spirit and tenor of this agreement. -5- rt 14. .District,shall continue in existence until City has so assumed District's said debt obligations or District has called and retired all outstanding bonds and in either case at least until December 31, 1964. The Board of Directors of District shall continue to meet.as.often as said Board deems in its own discretion to be desirable and necessary and shall be paid at the same rate and on the same basis as said Board is now paid for such meetings. ,District shall maintain its own legal counsel as long as the Board of District desires and deems such necessary to the proper carrying on of the .District's business affairs. City shall pay expenses incurred by_District, but limited to the salary of each Board Member not to-exceed $100 per month, all costs of bond assumption or call, all costs of District dissolution, the reasonable attorney's fees of counsel for District, and the costs of elections, if any. Such fees are to be paid on or before the first day of each month hereafter. .City will not be liable for the payment of.any attorney's fees for any suit regarding.annexation. City shall provide a room for District to hold its meetings within District at no cost-to District. 15. .District.will take all steps necessary to dissolve itself as a Water Control and Tmproyement.District at its first regular meeting.after City has so assumed District's,debt as herein provided or retired said debt by the-call procedure provided herein. 16. City shall collect for and on behalf of the District, the uncollected portion of the tax levied on assessed values.as of.January 1, 1963, hereinafter called the 1963 tax and City is hereby authorized to collect for and on behalf of District ,any and all delinquent -water taxes.assessed_and levied by District in the past and all bills for water services which remain unpaid. District also agrees that.City is authorized to act for District in regard to all claims for and against,District. Dis- trict will levy no 1964 tax or any tax thereafter. All amounts collected by City shall be the property of City. 17. All,employees of District.shall become employees of City on the effective date of this contractuat an annual salary not less than that received.for the most-re- cent 12 months of employment.with District. .Such employees will receive credit with City for years,of.service with District in all regards except Texas Municipal Retire - ment.System. Future service of said employees will be governed by the rules and regula- tions of the City Civil Service System. 18. District covenants that it has no special rate - customers or special contractual obligations to furnish water service except its.agreements with Humble 011 and Refining Company and Nueces County, . -6- 19. District'shall transfer to City as of the effective date of this contract all of its books, records, maps, and other data and information and City agrees to pre- serve such records for a period of at least 5 years. District shall be entitled to a copy of any records it requests from City. 20. It is agreed by all parties hereto that all the terms hereof are specifi- cally enforceable even though the funds herein referred to as being payable by City will in no event require the City to procure such funds from taxation nor will 'any bonds be issued for the purpose of obtaining funds or making the payments herein provided to be made by City unless and until such bonds are authorized, by an election if required by law, and in the event any such election be necessary, sufficient time for the holding of such election shall be allowed before City shall be declared in default of the ob- ligation to make payment at herein provided. 21. If any provision of this contract or if the application of any provi- sion of this contract under any particular circumstances shall be held by any court of competent jurisdiction to be illegal or unenforceable, it shall in no wise effect or invalidate the remaining provisions hereof. 22. After the dissolution of District, this contract may be enforced by any person owning land within the boundary of District. Each of the parties hereto executes this agreement by its duly authorized officers. This agreement is executed in duplicate, each of which will be considered an original for all purposes and shall become effective from and after the execution thereof, this the day of , 1964. ATTEST: CITY OF CORPUS CHRISTI By City Secretary City'Manager Approved: Director of Finance Approved as to Legal Form: City Attorney ATTEST: Secretary sF NUECES COUNTY WATER CONTROL AND IMPROVE- MENT DISTRICT #2 Ey President THAT THE FOREGOING ORDINANCE WAS�E�OR THE F T TIME AND s PA55`eD O ITS SECOND READING ON TH15 THE DAY OF GLiL , ig V BY THE FOLLOWING VOTES JAMES L. BARNARD JAMES H. YOUNG JACK R. BLACKMON JOSE R. DELEON M. P. MALDONADO W. J. ROBERTS W. H. WALLACE, J THAT THE FOREGOING ORDINAN WAS READ TO ITS THIRD READING ON THIS THE DAY OF BY THE FOLLOWING VOTES JAMES L. BARNARD JAMES H. YOUNG JACK R. BLACKMON JOSE R. DELEON M. P. MALDONADO W. J. ROBERTS r A D 9 W. H. WALLACE, JR. THAT THE FOREGO NG ORDINANCE S R DNFOR HE THIR TI E AND PASSED FINALLY ON THIS THE DAY OF , tg y BY THE FOLLOWING VOTES JAMES Le B RNARD JAMES H. YOUNG JACK R. BLACKMON JOSE R. DELEON M. P. MALDONADO W. J. ROBERTS -e— r� l W. H. WALLACE JR. CZ6 PASSED AND APPROVED, THIS THE DAY OF a 19= AT�T /• J \ /r CITY SECRETA / APPROVED AS TO LEGAL FORM THIS DAY OF 7tt�,1 g 6/1'c THE CITY OF CORPUS CHRISTI, TEXAS CITY ATTORNEY I CERTIFY TO THE CITY COUNCIL THAT THE MONEY REQUIRED FOR THE CONTRACTS AGREEMENTS OBLIGATION2 OR EXPENDITURE CONTEMPLATED IN THE ABOVE AND FOREGOING ORDINANCE IS IN THE TREASURY OF THE CITY OF CORPUS CHRISTI TO THE CREDIT OF N0. ?09., t33Qf000, FOR PRO.1. POP -64 -2 EXTENSIONS, FLOUR BLUFF SYSTEM, AND Np ,] 000 FRnA• T� r Fl nug RI IiFF WATER SYRTFm Are_ ('I FeRlua F�iNp FUND FROM WHICH IT IS PROPOSED TO BE DRAWN, AND SUCH MONEY IS NOT APPROPRIATED FOyR. ANY OTHER PURPOSE. yy- / -/, -r/ ,1 1 SabPcT_ lU PXPC�.47to. a t io��JN d/ /CC%a C� !D 1/ ,­9 y.T� pea.Tits 7a C..,Tr2'T El S A, DIRECTOR OF FIN a