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HomeMy WebLinkAbout11551 ORD - 07/03/1973JRR /Mc 7/2/73 1ST r} t AN ORDINANCE r AMENDING ORDINANCE NO. 11482 DATED MAY 30, 1973, AS AMENDED BY ORDINANCE NO. 11523 DATED JUNE 13, 1973 WHICH DETERMINED THE NECESSITY FOR AND ORDERED IMPROVEMENT TO 15TH, 18TH, DOLORES, AND ESPINOSA STREETS TO REDUCE THE RATE OF INTEREST FROM SIX AND ONE -HALF (6 1 /2o)•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) DOLLARS PER MONTH; PROVIDING A SAVINGS CLAUSE; PROVIDING FOR PUBLICATION; AND DECLARING AN EMERGENCY. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. THAT ORDINANCE NO. 11482 DATED MAY 30, 1973, AS AMENDED BY ORDINANCE NO. 11523 DATED JUNE 13, 1973 WHICH DETERMINED THE NECESSITY FOR AND ORDERED IMPROVEMENT TO 15TH, 18TH, DOLORES, AND ESPINOSA STREETS TO REDUCE THE RATE OF INTEREST, BE AMENDED BY AMENDING UNNUMBERED PARAGRAPH 9 UNDER SECTION 2, SUBSECTION B, ASSESSMENT POLICY, 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 1/450 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 OWNERS REQUEST, THE TOTAL MONTHLY PAYMENTS WILL NOT %1 EXCEED TEN ($10.00) DOLLARS PER MONTH. ANY PROPERTY OWNER AGAINST WHOM AND AGAINST WHOSE PROPERTY AN ASSESSMENT HAS BEEN LEVIED MAY PAY THE WHOLE ASSESS- MENT CHARGEABLE TO HIM WITHOUT INTEREST WITHIN THIRTY (30) DAYS AFTER THE ACCEPTANCE AND COMPLETION OF SAID IMPROVEMENTS." EXCEPT AS HEREIN AND HEREBY AMENDED, THE PROVISIONS OF ORDINANCE NO. 11482 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 OR JRR/Mc 7/2/73 1sT r r 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 PUBLICA- TION OF THE CITY OF CORPUS CHRISTI, BY PUBLISHING THE CAPTION OF THIS ORDINANCE, STATING IN SUBSTANCE THE PURPOSE OF THE ORDINANCE. SECTION 1:. THE NECESSITY TO IMMEDIATELY ADOPT THE PROVISIONS HEREINAFTER PROVIDED 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 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 AND PUBLICATION, IT IS ACCORDINGLY SO ORDAINED, THIS THE DAY OF JULY, 1973• ATTEST• , 7 .2 CITY SECRETARY / MAYOR j / THE CITY OF CORPUS CHRISTI, TEXAS APPROV D + JULY, 1973: C fT R Corpus Christi, Texas day of V*� C�� , 19%3 v � 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 - -� THE CITY OF CORPUS CHRISTI, TEXAS The Charter rule was suspended by the following vote: Jason Luby James T. Acuff�� Rev. Harold T. Branch Thomas V. Gonzales _ Q� Ricardo Gonzalez Qc e Gabe Lozano, Sr. J. Howard Stark,1� U The above ordinance was passed by the following vote: Jason Luby James T. Acuff Rev. Harold T. Branch Cc x Thomas V. Gonzales Qx Ricardo Gonzalez 4 Gabe Lozano, Sr. q�{� J. Howard Stark Q< . P ' PUBLISHER'S AFFIDAVIT STATE OF TEXAS, Iss: , County of Nueces. Before me, the undersigned, a Notary Public, this day personally came ... ............................... Louise••. Vick............................... who being first duly sworn, according to law, says that he is the ....... ............ 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 r .Legal_, Notice. - -rrax �e._oi..P.a-ss.a &C.- .QX....a d- i.nan0a..xto...11. 551 ................................... ........ _.___ $ of which the annexed is a true copy, was published in ......................... _ ... Tama- s-...................................... - _- ___..' on the-- -7th. day of.... -.._! U- .Y ...................... 1913.„ aisdrantRi7e;RM ........................... tltt2vaEiu- 'tax ... _ ....... . ........ _.... xMR« mgrh ........................... .. ........ .... ........... ...... • ...... ....... ..................Times. s ........ L.aQ .................. C O1J��OU... t�/ . .... Lo se Vick, Class. Adv. Supervisor Subscribed and sworn to before me this ......3Sd ........ day of .............. August....................... 19...7.3 ..... Kenneth Holt _.- slrK.!�C.11 t���1- - -.-._ Notary Public, Nueces County, Texas ., .� _t ,� ,. . � ... � �.