HomeMy WebLinkAbout11036 ORD - 08/16/1972• JRR/Mc 8/14/72 1ST
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AN ORDINANCE
APPROPRIATING THE SUM OF $21,093.07 OUT OF VARIOUS BOND
FUNDS FOR EXPENSES IN CONNECTION WITH THE SALE OF $4,806,000
GENERAL IMPROVEMENT BONDS, SERIES 1972 ON APRIL 19, 1972;
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 $21,0930.,0,7 OUT
OF VARIOUS BOND FUNDS FOR EXPENSES IN CONNECTION WITH THE SALE OF $4,W6,OOD
GENERAL IMPROVEMENT BONDS, SERIES 1972, SAID SALE HAVING BEEN CONDUCTED
APRIL 19, 1972, SAID EXPENSES BEING AS FOLLOWS:
FINANCIAL ADVISOR $11,665.48
BOND ATTORNEY 5,681).49
PRINTING BONDS 511.00
PRINTING PROSPECTUS, COVERS, BID FORMS 2,o61.10
CONTRACT BOND RATING SERVICE:
STANDARD & POOR'S 1,175.00
MOODY'S INVESTORS SERVICE (NO CHARGE)
TOTAL $21,093.01
FUND BONDS SOLD PERCENT APPROPRIATION
207 PUBLIC BUILDING BOND FUND $ 100,000 2.1 $ 442.95
(FIRE STATION)
245 AIRPORT BOND FUND 100,000 2.1 442.95
291 PARKS BOND FUND 550,000 11.4 2,404.61
250 SANITARY SEWER BOND FUND 300,000 6.2 1,307.77
295 STORM SEWER BOND FUND 1,090,000 22.7 4,788 1
220 STREET BOND FUND 2,666,000 55.5 11 06.66
$4,806,000 100.0
SECTION 2. THE NECESSITY FOR MAKING THE APPROPRIATION AS DESCRIBED
IN SECTION 1 HEREOF CREATES A PUBLIC EMERGENCY AND 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 THE 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
�lp -OF AUGUST, 1972
ATTEST O
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CITY SECRETARY MA OR
THE CITY OF (OR C RISTI, TEXAS
RA
APPD A OF AUGUST, 1
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11036
CORPUS CHRISTI, TEXAS
DAY Or 19 -7,z,
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 SAID 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. -
ESPE TFULLY,
0
• O.
YOR
THE CITY OF CHRISTI, TEXAS
THE CHARTER RULE WAS SUSPENDED BY THE FOLLOWING -VOTE:
RONNIE SIZEMORE
.. CHARLES A. BON NOWELL
- ROBERTO BOSQUEZ, M.D.
REV. HAROLD T. BRANCH
- - THOMAS V. GONZALES _
- GABE LOZANO, SR. ' !
J. HOWARD STARK
THE ABOVE ORDINANCE WAS PASSED BY THE FOLLOWING VOTE:
• BONNIE SIZEMORE
-
CHARLES A. BONNIWE LL �
. RoBEaro Bosouez, M.D.
'REV. HAROLD T. BRANCH /p
THOMAS V. GONZAlE9
GABE LOZANO, SR.
J. HOWARD STARK