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HomeMy WebLinkAbout11352 ORD - 03/14/1973JRR:M1,Mtjkh:3- 14 -73; lst AN ORDINANCE AUTHORIZING AND DIRECTING THE CITY MANAGER TO ENTER INTO AN AGENCY ESCROW AGREEMENT WITH U.S. LIFE TITLE AND /OR THE OFFICIAL CITY DEPOSITORY TO PAY THE UNIVERSITY OF CORPUS CHRISTI OR ITS DULY AUTHORIZED REPRESENTATIVE THE SUM OF $1,500,000 BOND PROCEEDS FOR ACQUISITION OF AN UPPER LEVEL COLLEGE SITE AT CORPUS CHRISTI; AND DECLARING AN EMERGENCY. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. That the City Manager be and he is hereby authorized and directed to enter into an agency escrow agreement with U. S. Life Title and /or the official City Depository to pay the University of Corpus Christi or its duly authorized representative the sum of $1,500,000 bond proceeds for acquisition of an upper level college site at Corpus Christi. SECTION 2. The necessity t °j enter into the aforesaid agreement at the earliest practicable date in order that the acquisition of site for ,in upper level college in Corpus Christi be completed as soon as posst�Te creates a public emergency :nd an imperativ.. public necessity 5 requiring the suspension of the Charter rule that no ordinance or resolu- tion shall be passed finally on the date of its introduction but 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.tYLq -1-4C day of March, 1973. ATTEST: C y Secretar APP D: • APP OF MARCH, 1973: '-5/C. ASS City Attorney 11352 THE CITY o /1 a TEXAS CORPUS CHRISTI, TEX�AS� p DAY OF i i oh, f 19!_1�j TO THE MEMBERS OF THE CITY COUNCIL CORE 1S 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; 11 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. - ESPECT LLY, 4 MAYOR THE CITY F CORPy C,yI IST1,• TEXAS THE CHARTER RULE WAS SUSPENDED BY THE FOLLOWING VOTE: • BONNIE SIZEMORE CHARLES A. BONNIWI:LL ' ROBERTO BOSQUEZ, M.D. REV. HAROLD T. BRANCH THOMAS V. GONZALES GABE LOZANO, SR. - - - -(Zx . J. HOWARD STARK THE ABOVE ORDINANCE WAS PASSED BY THE FOLLOWING VOTE: ' BONNIE S12EMORE CHARLES A. BONNIWELL ROBERTO BOSQUEZ, M.D. 'REV. HAROLD T. BRANCH THOMAS V. GONZALES GABE LOZANO, SR. - + - - - -CZ J. HOWARD STARK �.