Loading...
HomeMy WebLinkAbout12818 ORD - 09/24/1975AN ORDINANCE AUTHORIZING THE CITY MANAGER TO EXECUTE AN AGREEMENT WITH THE LOWER NUECES RIVER WATER SUPPLY DISTRICT BY THE TERMS OF WHICH THE CITY AGREES TO MAKE A $200,000 SUPPLEMENTAL PAYMENT TO THE DISTRICT FOR DEBT RETIRE- MENT DURING THE 1975 -76 FISCAL YEAR, ALL AS MORE FULLY SET FORTH IN THE AGREEMENT, IN SUBSTANTIALLY THE FORM ATTACHED HERETO, MARKED EXHIBIT "A ", AND MADE A PART HEREOF; 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 to execute an agreement with the Lower Nueces River Water Supply District by the terms of which the City agrees to make payment of $200,000 supple- mental payment to the District for debt retirement during the 1975 -76 fiscal year, all as more fully set forth in the agreement, in substantially the form attached hereto, marked Exhibit "A ", and made a part hereof. SECTION 2. The necessity to execute the aforesaid agreement at the earliest practicable date creates a public emergency and an impera- tive public necessity requiring the suspension of the Charter rule that no ordinance or resolution shall be passed finally on the date of its intro- duction 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, having requested the suspension of the Charter rule and that this ordinance take effect and be in full force and effect from and after s passage, IT IS ACCORDINGLY SO ORDAINED this the day of + 1975. ATTEST: y 'ecretary MAYOR THE CITY OF CORPUS CIiRISTI, TEXAS APPROVED:2`0�4- DAY 01975: & i��' City Attorney 12818 A G R E E M E N T STATE OF TEXAS � COUNTY OF NUECES X This agreement this day entered into between the City of Corpus Christi, hereinafter called "City ", and the Lower Nueces River Water Supply District, hereinafter called "District ", W I T N E S S E T H: WHEREAS, the contract between City and District, executed on August 10, 1955, and hereinafter called "1955 Contract" provides in Section 16 thereof that the City becomes the owner of the reservoir facilities when the debt incurred for these facilities is paid off: t NOW, THEREFORE, in consideration of the mutual benefits to accrue to the parties upon the adoption of the following contract and, in consideration of the obligations to be discharged by the City and the District under the provisions of the proposed contract, independently of and apart from any and all undertakings heretofore entered into between the City and the District, but not in derogation of any rights and privi- leges accruing to either the District or the City by such prior under- takings, the parties hereto agree as follows: 1. City agrees to pay to District Twenty Thousand Dollars ($20,000) per month for the months of October, 1975, through July, 1976, or a total of Two Hundred Thousand Dollars ($200,000) during the 1975 -76 fiscal year as a payment for the purposes of enabling District to meet its construction and debt service obligations and thus expedite the transfer of title of the reservoir to the City of Corpus Christi. These payments will in no way affect the 1955 Contract. IN WITNESS WHEREOF, the parties hereto have caused this agree- ment to be executed by their duly authorized representatives, this the day of 1975. ATTEST: CITY OF CORPUS CHRISTI By City Secretary R. Marvin Townsend, City Manager APPROVED: DAY OF 1975: LOWER NUECES RIVER WATER SUPPLY DISTRICT City Attorney By President ATTEST: Secretary CORPUS CHRISTI, TEXAS -2 DAY O 19 , % FOR J -� TO THE KMERS OF THE CITY COUNCIL CORPUS CHRISTI, TEXAS THE REASONS SE7 FORTH IN THE EMERGENCY CLAUSE OF THE FOREGOING ORDINANCE, A PUBLIC EMERGENCY AND IMPERATIVE NECE131TY 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 OR. BILL TIPTON EDUARDO DE ASE3 RUTH GILL BOB GULLEY GABE LOZANO, SR. EDWARD L. SAMPLE THE ABOVE ORDINANCE WAS PASSED BY THE F LLOWING VOTE: JASON LUBY DR. BILL TIPTON EDUARDO DE ASE3 RUTH GILL BOB GULLEY GABE LOZANO, SR. EDWARD L. SAMPLE