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Home My WebLink About11529 ORD - 06/20/1973e JRR:vp:6 /19/73 :1st AN ORDINANCE AMENDING ORDINANCE NO. 11475, DATED MAY 16, 1973, WHICH DETERMINED THE NECESSITY FOR AND ORDERED IMPROVEMENTS TO PRESCOTT STREET, FROM GOLLIHAR TO CROSSTOWN EXPRESSWAY, TO REDUCE THE RATE OF INTEREST FROM SIX AND ONE -HALF (6 1/2 %) PERCENT TO FIVE AND ONE - QUARTER (5 1/4 %) PERCENT AND TO PROVIDE FOR AN EXTENSION OF MONTHLY INSTALLMENTS BEYOND SIXTY (60) IN NUMBER ON OWNER OCCUPIED PROPERTY SO THAT MONTHLY PAYMENTS WILL NOT EXCEED TEN ($10.00) DOLLARS PER MONTH; PROVIDING A SAVINGS CLAUSE; PROVIDING FOR PUBLICATION; AND DECLARING AN EMERGENCY. BE IT ORDAINED BY THE CITY COUNCIL OF 'PHH CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. That Ordinance No. 11475, passed and approved by the City Council on May 16, 1973, determining the necessity for and ordering improvements to Prescott Street, from Gollihar to the Crosstown Expressway, be amended by amending unnumbered paragraph 9 of Section 2, appearing on page 3, to hereafter read as follows: "The cost assessed against said owners and their property, shall be payable in monthly installments not to exceed sixty (60) in number, the first of which shall be payable within thirty (30) days from the date of completion of said improvements and their acceptance by the City of Corpus Christi, and one installment each month thereafter until paid, together with interest thereon at the rate of five and one quarter (5 1/4 %) percent, with the provision that any of said installments may be paid at any time before maturity by the payment of the principal and accrued interest thereon. The total number of monthly installments on owner occupied property may be extended beyond sixty (60) in number so that, at the owner's request, the total monthly payments will not exceed ten ($10.00) dollars per month. Any property owner against whom and against whose property an assessment has 6 been levied may pay the whole assessment chargeable to him without interest within thirty (30) days after the acceptance and completion of said improve- ments." Except as herein and hereby amended, the provisions of Ordinance No. 11475 shall be and remain in full force and effect. SECTION 2. If for any reason any section, paragraph, subdivision, clause, phrase, word, or provision of this ordinance shall be held invalid 11529 or unconstitutional by final judgment of a court of competent jurisdiction it shall not affect any other section, paragraph, subdivision, clause, phrase, word, or provision of this ordinance, for it is the definite intent of this City Council that every section, paragraph, subdivision, clause, phrase, word, or provision hereof be given full force and effect for its purpose. SECTION 3. Publication shall be made one time in the official pub- lication of the City of Corpus Christi, which publication shall contain the caption stating in substance the purpose of the Ordinance. SECTION 4. The necessity to immediately adopt the provisions here -, inafter provided 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 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 the 7O tR_day of June, 1973. ATTEST: Ci y Seer tar APPROVED: /t,1' DAY OF JUNE, 1973: C'ty A+ltoorrneeyy MAYGSJio•Tem TILE CITY OF CORPUS RRISTI, TEXAS Corpus Christi, Texas C/...27,1— day of Qc)-rR-- , 19 7, 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. Respectfully, MAYOR V40. em T ITY OF CORPUS CH • STI, TEXAS The Charter rule was suspended by the following vote: Jason Luby James T. Acuff Rev. Harold T. Branch w-=-r,± Thomas V. Gonzales y Ricardo Gonzalez Gabe Lozano, Sr. J. Howard Stark The above ordinance was passed by the following vote: Jason Luby , , James T. Acuff ¢� Rev. Harold T. Branch Q��e Thomas V. Gonzales Ricardo Gonzalez Gabe Lozano, Sr. J. Howard Stark U D) PUBLISHER'S AFFIDAVIT STATE OF TEXAS, jss: County of Nueces. J Before me, the undersigned, a Notary Public, this day personally came faaUi_se Vi who being first duly sworn, according to law, says that he is the G7._ass... Adv, Supervisor of the Corpus Christi Caller and The Corpus Christi Times, Daily Newspapers published at Corpus Christi, Texas, in said County and State, and that the publication of ._._Lowe Notice -- Notice of passage of ordinance no. 11529 of which the annexed is a true copy, was published in Times on the.23. a day of June xaresee 1 Times. $ b...6D 19.23.., amodwx CIVexash tttEaxa taa-W. Louise Vick, Class. Adv. Supei'visov Subscribed and sworn to before me this 23rd day of July. 19 73.. Woodrow Glenn Notary Public, Nueces County, Texas