HomeMy WebLinkAbout09660 ORD - 03/04/1970I.,
AN ORDINANCE
APPROPRIATING THE SUM OF $10,240.85 OUT OF NO. 202
WATER SYSTEM BOND FUND FOR EXPENSES IN CONNECTION
WITH THE SALE OF $1,340,000 FIRST MORTGAGE WATER-
WORKS REVENUE BONDS, SERIES 1969 -A, AND $7,330.06
FROM VARIOUS BOND FUNDS FOR EXPENSES IN CONNECTION
WITH THE SALE OF $2,100,000 GENERAL IMPROVEMENT
BONDS, SERIES 1969 -A, ON DECEMBER 3, 1969; 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 $10,240.85
OUT OF No. 202 WATER SYSTEM BOND FUND FOR EXPENSES IN CONNECTION WITH
THE SALE OF $1,340,000 FIRST MORTGAGE WATERWORKS REVENUE BONDS, SERIES
1969 -A, SAID SALE HAVING BEEN CONDUCTED DECEMBER 3, 1969, SAID EXPENSES
BEING AS FOLLOWS:
FINANCIAL ADVISOR
BOND ATTORNEY
PRINTING BONDS
TRUSTEE FEE
INDEPENDENT AUDIT
CONTRACT BOND RATING SERVICE BY
STANDARD & POOR'S
$5,595.12
3,092.89
232.00
520.84
500.00
300.00
$10,240.85
AND THERE 1S HEREBY APPROPRIATED THE SUM OF $7,330.06 OUT OF THE FOLLOWING
LISTED BOND FUNDS FOR EXPENSES IN CONNECTION WITH THE SALE OF $2,100,000
GENERAL IMPROVEMENT BONDS, SERIES 1969 -A, SAID SALE HAVING BEEN CONDUCTED
DECEMBER 3, 1969:
FINANCIAL ADVISOR
BOND ATTORNEY
PRINTING BONDS
CONTRACT BOND RATING SERVICE BY
STANDARD & POOR'S
$3,198.16
3,392.90
339.00
400.00
$7,330.06
FUND BONDS SOLD PERCENT APPROPRIATION
220 STREET BOND FUND $ 900,000 42. 9% $3,144.60
245 AIRPORT BOND FUND 1,100,000 52.4% 3,840.95
295 STORM SEWER BOND FUND 100,000 4.7% 344.51
$2,106,000 100.0% 57,30.06
9660
SECTION 2. THE NECESSITY FOR MAKING THE APPROPRIATION 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
VAT SUCH EMERGENCY AND NECESSITY EXIST, AND HAVING REQUESTED THE SUSPEN-
SION 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 SO
ORDAINED, THIS THEIIILLOAY OF MARCH, 1970.
ATTEST:
CITY SECRETARY
APPROVED:
DAY OF MARCH, 1970:
CITY ATTORNEY
THE CITY OF CORPUS CHRISTI, TEXAS
CITY OF CORPUS CHRISTI, TEXAS
CERTIFICATION OF FUNDS
(City Charter Article IV Section 21)
February 27, 1970
/Q ado. mss_
I certify to the City Council that $ 1O-44O.4.- , the amount required
for the contract, agreement, obligation or expenditures contemplated in the
above and foregoing ordinance is in the Treasury of the City of Corpus Christi
to the credit of:
Fund No. and Name 202 Water System Bond Fund
Project No. 202 -69 -0
Project Name Bond Issue Expense
from which it is proposed to be drawn, and such money is not appropriated for
any other purpose.
FIN 2 -55
Revised 7 -31 -69
February 27
, 19 70
CITY OF CORPUS CHRISTI, TEXAS
CERTIFICATION OF FUNDS
(City Charter Article IV Section 21)
February 27. 1970
73340.06
I certify to the City Council that $ 9 -.36ie , the amount required
for the contract, agreement, obligation or expenditures contemplated in the
stove and foregoing ordinance is in the Treasury of the City of Corpus Christi
to the credit of:
Fund No. and Name See Schedule Below
Project No.
Project Name
from which it is proposed to be drawn, and such money is not appropriated for
any other purpose.
3 143144o
* 220 Street Bond Fund $3,230.
Proj. No. 220 -69 -0
Bond Issue Expense
3 S
245 Airport Bond Funcl__3r445-riN8-
Proj. No. 245 -69 -0
Bond Issue Expense
295 Storm Sewer Bond 3 4*,(f
Fund
Proj. No. 295 -69 -0
Bond Issue Expense
�' 7,330.06
Total $
FIN 2 -55
Revised 7 -31 -69
February 27 , 19 70
Directgfi,bf Finance
CITY OF CORPUS CHRISTI, TEXAS
CERTIFICATION OF FUNDS
(City Charter Article IV Section 21)
I certify to the City Council that $ , , the amount required
for the contract, agreement, obligation or expenditures contemplated in the
above and foregoing ordinance is in the Treasury of the City of Corpus Christi
to the credit of;
Fund No. and Name
Project No.
Project Name
from which it is proposed to be drawn, and such money is not appropriated for
any other purpose.
FIN 2 -55
Revised 7 -31 -69
, 19
Director of Finance
3 .f
CITY OF CORPUS CHRISTI, TEXAS
CERTIFICATION OF FUNDS
(City Charter Article IV Section 21)
{
February 27, 1970
/gar�o.As"
I certify to the City Council that $ 1O 4 ,4 - , the amount required
for the contract, agreement, obligation or expenditures contemplated in the
above and foregoing ordinance is in the Treasury of the City of Corpus Christi
to the credit of:
Fund No. and Name 202 Water System Bond Fund
Project No. 202 -69 -0
Project Name Bond Issue Expense
from which it is proposed to be drawn, and such money is not appropriated for
any other purpose.
FIN 2 -55
Revised 7 -31 -69
February 27
, 19 70
CITY OF CORPUS CHRISTI, TEXAS
CERTIFICATION OF FUNDS
(City Charter Article IV Section 21)
I certify to the City Council that $ , the amount required
for the contract, agreement, obligation or expenditures contemplated in the
above and foregoing ordinance is in the Treasury of the City of Corpus Christi
to the credit of:
Fund No. and Name
Project No.
Project Name
from which it is proposed to be drawn, and such money is not appropriated for
any other purpose.
, 19
Director of Finance
FIN 2 -55
Revised 7 -31 -69
Corpus Christi, Texas
4(/day of Gi 1 J_, 19A
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 Council; I, therefore,
request that you suspend aid Charter rule or requirement and pass this ordi-
nance finally on the date it is introduced, or at the present meeting of the
City Council.
Respectfully,
it-e4C/0241.-ee
]
IMOR
THE CITY OF CORPUS CHRISTI, TEXAS
The Charter rule was suspended by the following vote:
Jack R. Blackmon
Gabe Lozano, Sr.
V. A. "Dick"Bradley, Jr.
Eduardo E. de Ases
Ken McDaniel
W. J. .'Wrangler" Roberts
Ronnie Sizemore
The above ordinance was passed by the £o1T6wing vote:
Jack R. Blackmon
Gabe Lozano, Sr.
V. A. "Dick" Bradley, Jr.
Eduardo E. de Ases
Ken McDaniel
W. J. Wrangler" Roberts
Ronnie Sizemore
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