HomeMy WebLinkAbout08726 ORD - 01/17/1968• •
AN ORDINANCE
AMENDING SECTION 38-55A OF THE CORPUS CHRISTI CITY CODE.
1958, AS AMENDED, PERTAINING TO FINANCING OF INSTALLATION
OF SEWER EXTENSIONS BY INSTALLMENT PAYMENTS, SO S TO
HEREAFTER PROVIDE AN INTEREST RATE OF SIX AND ONE -HALF
PERCENT (6 -1/20) PER ANNUM; REPEALING ALL ORDINANCES IN
CONFLICT HEREWITH; AND DECLARING AN EMERGENCY.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI,
TEXAS:
SECTION 1. THAT SECTION 38-55A OF THE CORPUS CHRISTI CITY CODE,
1958, AS AMENDED, BE, AND THE SAME IS HEREBY, AMENDED BY DELETING IN SUBSECTION
(C) THE WORDS "FIVE PERCENT PER ANNUM" AND SUBSTITUTING THEREFOR THE WORDS
"SIX AND ONE -HALF PERCENT PER ANNUM ", PERTAINING TO FINANCING OF INSTALLA
TION OF SEWER EXTENSIONS BY INSTALLMENT PAYMENTS.
SECTION 2. THAT ALL ORDINANCES OR PARTS THEREOF IN CONFLICT
HEREWITH BE, AND THE SAME ARE HEREBY, REPEALED.
SECTION 3. THE NECESSITY TO INCREASE THE INTEREST RATES AS
HEREINABOVE SET FORTH, INASMUCH AS THERE HAS BEEN AN INCREASE IN THE
INTEREST RATES CHARGED THE CITY OF CORPUS CHRISTI ON ITS OBLIGATIONS
AND AN INCREASE IN COSTS FOR INSTALLING SEWER EXTENSIONS, 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
AND HAVING REQUESTED THE SUSPENSION OF SAID CHARTER RULE AND THAT THIS
ORDINANCE BE PASSED FINALLY ON THE DATE OF ITS INTRODUCTION AND TAKE
EFFECT AND BE IN FULL FORCE AND EFFECT FROM AND AFTER ITS PASSAGE, IT
IS ACCORDINGLY SO ORDAINED, THIS THE 4 DAY OF JANUARY, 1968.
ATTES
CITY SECRETA-Y
APPIOVED AS TO LEGAL FORM T
/ f AY OF JANUARY, 1968:
CITY ATTORNEY
8728
THE CITY OF CORPUS CHRISTI, TEXAS
CORPUS CHRISTI, TEXAS
/7 DAY OF
TO THE MEMBERS OF THE CITY COUNCIL
CORPUS CHRISTI, TEXAS
FOR THE REASONS SET FORTH IN THE EMERGENCY CLAUSE OF THE FOREGOING
ORDINANCE, A.PUBLIC EMERGENCY AND IMPERATIVE NECESSITY EXIST FOR THE SUSPEN-
SION 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 COUNCILS 1, THEREFORE,
REQUEST THAT YOU SUSPEND SAID CHARTER RULE OR REQUIREMENT AND PASS THIS ORDI-
NANCE FINALLY ON THE DATE IT 15 INTRODUCED, OR AT THE PRESENT MEETING OF THE
CITY COUNCIL.
RESPECTFULLY,
THE CITY OF CORPUS CHRISTI, TEXAS
THE CHARTER RULE WAS SUSPENDED BY THE FOLLOWING VOTE:
JACK R. BLACKMON
RONNIE SIZEMORE
V. A. "DICK" BRADLEY, JR.
P. JIMENEZ, JR., M.D.
GABE LOZANO, SR.
KEN MCDANIEL
W. J. "WRANGLER" ROBERTS
THE ABOVE ORDINANCE WAS PASSED BY THE FOLLOWING VOTE:
JACK R. BLACKMON
RONNIE SIZEMORE
V. A. "DICK" BRADLEY, JR.
P. JIMENEZ, JR., M.D..
GABE LOZANO, SR.
KEN MCDANIEL
W. J. "WRANGLER" ROBERTS
PUBLISHER'S AFFIDAVIT
STATE OF TEXAS, Ls,
County of Nueces. J
Before me, the undersigned, a Notary Public, this day personally came
Leland G, Barnes who being first duly sworn. according to law, says that he is the
ati.S.Sifies1 Aittsariaisi ng EgailLASVP of the Corpus Christi Caller and The Corpus Christi l'imes,
Daily Newspapers published at Corpus Christi, Texas, in said County and State, and that the publication of
_LEGALm-Notj.oe .2f_.passage of Ordinance No. a g6 Finn/ailing of 11:18 ta nation
of sewer extensions by installment paymedts---
of which the annexed is a true copy, was published in
on the.22..... day 19..6.a.,
41)fistailiM.
/741
— e • AdvenIN Tranager
day of January 19 68
tary Public, Nueces County, Texas
Subscribed and sworn to before me this
Louise viok
• I NOTICE O�ANO. OP
OROIN �• *MA OP
AMENDING 7O ION CITY CODE.
THE AS CORPUS AM $D D, GIRT INO
1�, AS AMENDED. PERTAINING
TO FINANCING OP INSTALLATION
ST SEWER EPAYMENTS EO IN'
10 N! ENT PAYMENTS. SO A5I
TO NEREAFTER PROVIDE AN IN'
- TEREST RATE OF SIX E ONE -,
NALF PER CENT EPE PER ALL
I IPER ANCES; REPEALING ALL
ORDINANCES IN C L A R I HEREI
WITH; RR AND DECLARING AN
EMERGENCY.
i WAS PASSED AND APPROVED. pus
the City at sdreeguul r s VI � hem of
spry, 11911, Ta TIN N 171n day 1 �I1� nao-
sage. and Pual�mtl alb N� a Fewn-
apl 1ce0G 1: Twee NHiRMM ff 70.11%
Dollars.
Is) T. Ray Krieg
T. RAY KRING, City Secretary
Ctry W Cerprs Chrlstl, T 122