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HomeMy WebLinkAbout08052 ORD - 06/08/19666/8/66- , AN ORDINANCE AUTHORIZING AND DIRECTING THE CITY MANAGER, FOR AND ON BEHALF OF THE CITY OF CORPUS CHRISTI, TO EXECUTE A CONTRACT BETWEEN THE CITY OF CORPUS CHRISTI AND NUECES TRANSPORTATION COMPANY CONCERNING THE ACQUI- SITION OF PROPERTY AND EQUIPMENT OF SAID NUECES TRANSPORTATION COMPANY, ALL AS SET OUT IN SAID CONTRACT, A COPY OF WHICH IS ATTACHED HERETO AND MADE A PART HEREOF; AND DECLARING AN EMERGENCY. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. THAT THE CITY MANAGER IS HEREBY AUTHORIZED AND DIRECTED, FOR AND ON BEHALF OF THE CITY OF CORPUS CHRISTI, TO EXECUTE A CONTRACT BETWEEN THE CITY OF CORPUS CHRISTI AND NUECES TRANSPORTATION COMPANY, CONCERNING THE ACQUISITION OF PROPERTY AND EQUIPMENT OF SAID NUECES TRANSPORTATION COMPANY, ALL AS SET OUT IN SAID CONTRACT, A COPY N, OF WHICH IS ATTACHED HERETO AND MADE A PART HEREOF. SECTION 2. THE NECESSITY FOR THE PROMPT EXECUTION OF THE ABOVE CONTRACT 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 SUCH EMERGENCY AND NECESSITY TO EXIST, HAVING REQUESTED THE SUSPENSION OF SAID CHARTER RULE AND THAT THIS ORDINANCE BE PASSED FINALLY ON THE DATE OF ITS INTRODUCTION AND THAT SUCH ORDINANCE TAKE EFFECT AND BE IN FULL FORCE AND EFFECT FROM AND AFTER ITS PASSAGE, IT IS ACCORDINGLY SO ORDAINED, THIS THE 8TH DAY OF JUNE, 1966. ATTE n MAYOR CITY ECRETARY THE CITY OF CORPUS CHRISTI, TEXAS APPROVED AS TO EGAL FORM THIS 8TH DAY OF JUNE, 1966: CITY ATTORNEY i� � 6/d/66 THE STATE OF TEXAS COUNTY OF NUECES j THIS CONTRACT MADE AND ENTERED INTO BY AND BETWEEN NUECES TRANSPORTATION COMPANY HEREINAFTER CALLED "BUS COMPANY" AND CITY Or CORPUS CHRISTI HEREINAFTER CALLED "CITY ", WITNESSETHI I BUS COMPANY FOR AND IN CONSIDERATION OF THE SUN Or FIVE HUNDRED FIrTY THou$AMD DOLLARS ($550,000.00), TO BE PAID TO IT UPON THE OCCURRENCE OF CERTAIN EVENTS AT THE TIME AND IN THE HAMMER HEREINAFTER PROVIDED, DOES HEREBY AGREE TO SELL TO CITY ALL Or THE PHYSICAL ASSETS OWNED BY BUS COMPANY, BEING ALL Or THOSE ASSETS TEMPORARILY LEASED BY CITY PURSUANT TO LEASE AGREEMENT DATED DECEMBER 30, 1965, EFFECTIVE AT MIDNIGHTS DECEMBER 31, 1965s INCLUDING THE FOLLOWING ASSCTSI 1. LANDS BUILDINGS AND IMPROVEMENTS INCLUDING THE COOLING SYSTEM AND FIXTURES SITUATED THEREON, LOCATED AT 1024 SAM RANKIN STREET AND BEING: ALL Or LOTS 1 THROUGH 12, INCLUSIVE BLOCK 56, AND ALL Or LOTS 5 THROUGH 8, tNCLUSIYE, BLOCK 57, BLUFF ADDITION TO THE CITY OF CORPUS CHRISTI NUECES COUNTY T[XASp TOGETHER WITH IMPROVEMENTS) AT A PURCHASE PRICE OF 4184 000.00. 2. ALL OFFICE EOUIPMENT, FURNITURE SAFEST FILE CABINETS, OrrICE SUPPLICSj BUSINESS MACHIN[Sp AND MISCELLANEOUS OFFICE CQUIPMENT, ALL AS MORE PARTICULARLY ITEMIZED IN EXHIBIT 1 HERETO ATTACHED AT A TOTAL ►URCHA3E PRICE Or $8,170.00. 3. A FLEET OF 45 BUSSES, DESCRIBED GENERALLY AS FOLLOWS: NUMBER MAKE MODEL 3 GMC GDH 45o5 2 GMC TDH 4007 7 GMC TDH 3612 6 GMC TDH 4509 6 GMC TDH 3714 A GMC TGN 3102 4 GMC TON 3714 3 GMC TGH 3102 AT A PURCHASE PRICE Of - . - - `192,800.00, TOGETHER WITH THREE (3) PARLOR COACHES, V12.: 1 %c PD 4104 1 Gm PD 4104 1 GMC PD 4106 AT A PURCHASE PRICE OF - - - • $79,850.00, A TOTAL PURCHASE PRICE Of :272,650.00 FOR ALL 48 VEHICLES. 4. SERVICE PICKUPS AND TOW TRUCK, VIZ.$ 1 . 1959 CHEVROLET PICKUP - 1,2 TON 1 - 1963 FORD PICKUP - 1/2 TON 1 - 1960 CHEVROLET PICKUP - 1/2 TON 1 . 1958 MACK DIESEL WRECKER TRUCK AT A TOTAL PURCHASE PRICE OF 8,515.00. 5. MISCELLANEOUS SHOP AND GARAGE EQUIPMENT AS SHOWN IN EXHIBIT 2 HERETO ATTACHED, FOR A TOTAL PURCHASE PRICE OF ;24,290.00. 6. MATERIALS AND SUPPLIES AS SHOWN IN THE ACCOUNTANTS' REPORT Of THE BUS COMPANY AS Of DECEMBER 31, 1965, BY PEAT, M ARW ICK, MITCHELL AND COMPANY$ OAS ; 420.21 DIESEL FUEL 831.32 OIL 122.63 PARTS INVENTORY 7. PREPAID INSURANCE, $3,943.00, �LpESS #100.00 OFFSET FOR OUT- STANDING TOKENS AND SCHOOL TICKETS AND LESS $8.00 STRUCK Off, 42,435.00. 8. FARE REGISTERS AND PEDESTALS AS OF MIDNIGHT, DECEMBER 31, 1965, INCLUDING BUT NOT LIMITED TO 48 GRANT ELECTRIC FARE BOXES AND 8 .JOHNsoN K ELECTRIC FARE BOXES, #8,350.00. 9. TEXAS RAILROAD COMMISSION CHARTER SERVICE PERMIT NO. 828, AND CHARTER SERVICE PERMIT NO. 23470, AS SPECIFICALLY DESCRIBED IN EXHIBIT 3 HERETO ATTACHED, 19,425.00. THERE ARE EXCLUDED FROM THE ASSETS OF BUS COMPANY AND NOT AGREEO TO BE SOLD THE CORPORATE BOOKS AND RECORDS Of BUS COMPANY, NECESSARY TO BE KEPT AND MAINTAINED BY IT FOR LIQUIDATION AND TAX PURPOSES. .'j. IT 18 UNDERSTOOD THAT CITY IS IN POSSESSION OF EACH AND ALL OF THE ABOVE DESCRIBED ASSETS AND ACCEPTS THE SAME IN THEIR CONDITION AS OF MIDNIGHT, DECEMBER 31, 1*, LESS REASONABLE WEAR AND TEAR, BUS COMPANY AGREEING TO TRANSFER, ASSIGN AND DELIVER APPROPRIATE TRANSFERS AND BILLS OF SALE TO EACH AND ALL OF SAID PERSONAL PROPERTIES, INCLUDING APPROPRIATE TRANSFERS AND ASSIGNMENT INCLUDING TITLE CERTIFICATES COVERING EACH OF THE AFORESAID VEHICLES CONSTITUTING THE BUSES, COACH AND SERVICE FLEET, TO- GETHER WITH APPROPRIATE TRANSFERS OF THE MOTOR CARRIER PERMIT SUCH AS MAY VEST THE CITY WITH ALL RIGHT, TITLE AND INTEREST OF BUS COMPANY THEREIN, SUBJECT TO APPROVAL or THE RAILROAD COMMISSION or TEXAS, IT BEING UNDCR- STOOD, NOWEVCR, THAT THE CONSUMMATION OF THIS CONTRACT AS TO ALL ITEMS EXCEPT THRCE (3) PARLOR COACHES AND THE RAILROAD COMMISSION PERMITS, HAVING A TOTAL PURCHASE PRICE OF 099,M.00, SHALL NOT DE OCPENDCNT IN ANY MANNER UPON THE APPROVAL or THE RAILROAD COMMISSION or THE AFOREMENTIONED TRANSFER AND ASSIGNMENT OF SAID MOTOR CARRIER PERMITS TO THE CITY. III BUS COMPANY AGREES TO CONVEY THE ABOVE DESCRIBED LAND TO THE CITY BY A GENCRAL WARRANTY OECD, FREE AND CLEAR OF ALL CNCUMSRANCCS, BUT OTHERWISE, CITY SMALL SATISFY ITSELF CONCERNING THE TITLE TO SAID LAND, AT ITS CXPCNSC. IV BUS COMPANY AGREES TO TRANSFER, ASSIGN AND SET OVER TO CITY THE ASOVE DESCRIBED PERSONAL PROPERTY PHYSICAL ASSETS, ALSO FREE OF ANY AND ALL ENCUMBRANCES, IT BEING UNDERSTOOD, HOWEVER, THAT BUS COMPANY DOES NOT OWN THE TIRES MOUNTED UPON THE BUS FLEET, BUT THAT SAME ARE PROVIDED PURSUANT TO AND UNDER A CONTRACT WITH GOODYEAR TIRE AND RUBBER COMPANY, INC., WHICH CONTRACT, INSOFAR AS BUS COMPANY IS ABLE, WILL BE TRANSFERRED, ASSIGNED AND SET OVER TO THE CITY, TOGCTHER WITH ANY AND ALL BENEFITS WHICH MAY ACCRUE THEREUNDER IN THE FUTURE. I V IT IS EXPRCSSLY AGREED THAT THE COMPLETION OF THE SALE UNDER THIS CONTRACT SHALL BE EF►ECTIVE AND BINDING UPON BUS COMPANY AND CITY ONLY IN -3- • r THE EVENT THE VOTERS OF THE CITY APPROVE THE PURCHASE OF BUS COMPANY AND THE ISSUANCE Of BONDS THEREFORE SAID ELECTION HAVING SEEN CALLED BY CITY FOR JUNE 25, 1966, AND SUCH BONDS, IF SO VOTED, HAVE BEEN SOLD AND THE FUNDS SUFFICIENT TO PAY THE CONSIDERATION TO BE PAID HAVE BEEN APPRO- PRIATED. THE EFFECTIVENESS OF THIS CONTRACT SHALL ALSO BE SUBJECT TO THE RECEIPT OF A CAPITAL GRANT FROM THE FEDERAL GOVERNMENT UNDER THE URBAN MASS TRANSPORTATION ACTS PURSUANT TO AN APPLICATION FOR SUCH FUNDS, HERE- TOFORE FILED BY CITY. VI IT IS UNDERSTOOD AND AGREED THAT SHOULD THE ELECTION BE FAVORABLE TO THE PURCHASE OF BUS COMPANY AND ISSUANCE OF BONDS THEREFORE AND THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT MOREOVER APPROVE THE APPLI- CATION FOR FEDERAL GRANT MADE BY THE CITY, THIS CONTRACT SHALL DE CONSUMMATED WITH DILIGENCE TAKING INTO CONSIDERATION THE TIME NECESSARY FOR THE CITY TO PREPARES PRINT AND SELL THE BONDS APPROVED BY THE ELECTORATES BUT IN ANY EVENT, NOT LATER THAN SIXTY (60) DAYS FROM AND AFTER THE DATE OF SAID ELECTION. V11 SHOULD THE ELECTORATE APPROVE THE PURCHASE OF THE BUS COMPANY AND THE ISSUANCE OF BONDS THEREFOR ON JUNE 25, 1966, BUT THE DEPARTMENT Of HOUSING AND URBAN DEVELOPMENT DISAPPROVE THE APPLICATION FOR FEDERAL GRANT MADE BY THE CITY THE CITY SHALL WITHIN TEN (10) DAYS AFTER SUCH DISAPPROVAL IF SAME SMALL HAVE BEEN MADE PRIOR TO THE DATE OF ELECTION, NOTIFY BUS COMPANY IN WRITINGS THEN CITY SMALL IMMEDIATELY SURRENDER ALL ASSETS OF BUS COMPANY IN ITS POSSESSION AS OF MIDNIGHT, DECEMBER 31, 1965, AND THIS CONTRACT SHALL BE TERMINATED SAVE AND EXCEPT FOR THE SETTLEMENT TO BE MADE WITH BUS COMPANY PURSUANT TO THE TEMPORARY LEASE AGREEMENT BETWEEN BUS COMPANY AND CITY DATED DECEMBER 30, 1965. V111 SHOULD THE ELECTORATE DEFEAT THE PROPOSAL TO PURCHASE AND THE ISSUANCE OF BONDS THEREFOR, THE CITY SHALL IMMEDIATELY SURRENDER ALL OF THE ABSETS Of BUS COMPANY IN ITS POSSESSIONS PURSUANT TO THE LEASE AGREE - KENT OF DECEMBER 30, 1965, NO LATER THAN JUNE 30, 1966, AND THIS CONTRACT -4- - r AND THE LEASE AGREEMENT SHALL BE OF NO FURTHER FORCE AND EFFECTS SAVE AND EXCEPT INSOFAR AS THE LEASE CONTRACT REMAINS IN FULL FORCE AND EFFECT REQUIRING THE CITY TO RESTORE ALL ASSETS OF THE BUS COMPANY TO IT,REASON- ABLE WEAR AND TEAR EXCEPTED TOGETHER WITH ALL INVENTORIES AS THEREIN SPECIFIED AND AS IT REQUIRES BUS COMPANY TO REIMBURSE CITY IN CASH FOR ANY SUNS OF MONEY WHICH MAY BE DUE CITY FOR ADVANCEMENTS MADE BY CITY PURSUANT TO THE TERMS AND PROVISIONS OF SAID TEMPORARY LEASE AGREEMENT. IX IT IS UNDERSTOOD AND AGREED THAT BUS COMPANY WILL PAY ALL TAXES DUE AND OWING TO ALL TAXING AUTHORITIES ON THE PROPERTIES AGREED HEREBY TO BE CONVEYED TO CITY TO MIDNIGHTS DECEMBER 31, 1965, AND NOT THEREAFTER. IN WITNESS WHEREOF, THE PARTIES HAVE HEREUNTO AFFIXED THEIR OFFICIAL SIGNATURES ACTING BY AND THROUGH THEIR APPROPRIATE OFFICIALS THIS THE DAY OF JUNES 1966. NUECES TRANSPORTATION COMPANY ATTEST I BY SECRETARY PRESIDENT ATTEST It CITY OF CORPUS CHRISTI BY -CITY SkCRtTA RY HERBERT W. WHITNEY# CITY MANAGER APPRM AS TO LEGAL FORM THIS DAY OF JUNES 19665 CITY TTORNEY �i `- -- •�J "-'-- `J - ,._ -- � r,IC Ip�° U (may- -`� •�J '- .. `�J CORPUS CHRISTI, //T��EXAS�� DAY OF � �9-L6 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; I, THEREFORE, HEREBY REQUEST THAT YOU SUSPEND SAID CHARTER RULE OR REQUIREMENT AND PASS THIS ORDINANCE FINALLY ON THE DATE IT IS INTRO - DUCED, OR AT THE PRESENT MEETING OF THE CITY COUNCIL. RESPECTFULLY, MAYOR THE CITY OF CORPUS CHRISTI, TEXAS THE CHARTER RULE WAS SUSPENDED BY THE FOLLOWING /7��V OOT�E: DR. MCIVER FORMAN a-12= JACK JACK BLACKMON \/ l.L/ACj PATRICK J. DUNNE �0_ DR. P. JIMENEZ, JR. / KEN MCDANIEL f RONNIE SIZEMORE WM. H. WALLACE THE ABOVE ORDINANCE WAS PASSED BY THE FOLLOWING VOTE; DR. MCIVER FURMAN JACK BLACKMON PATRICK J. DUNNE DR. P. JIMENEZ, JR. KEN MCDANIEL RONNIE SIZEMORE i h / Wm L. H. WALLACE ('///