HomeMy WebLinkAbout13240 ORD - 06/23/1976JKH:hb:6 /22/76:lst
AN ORDINANCE
APPROPRIATING THE SUM OF $15,617.38 OUT OF THE
VARIOUS BOND FUNDS FOR EXPENSES IN CONNECTION WITH
THE SALE OF $3,500,000 GENERAL IMPROVEMENT BONDS,
SERIES 1976, SOLD ON APRIL 21, 1976; AND DECLARING
AN EMERGENCY.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS
CHRISTI, TEXAS:
SECTION 1. That there is hereby appropriated the sum of
$15,617.38 out of various bond funds as hereinafter set forth for expenses
in connection with the sale of $3,500,000 General Improvement Bonds, Series
1976, said sale having been conducted on April 21, 1976, said expenses being
as follows:
Bond Attorney, Hobby H. McCall $ 4,779.52
Financial Advisor, M. E. Allison, Sr. 10,068.86
Printing Bonds, Hart Graphic &
Office Centers, Inc., Austin, Texas 769.00
$15,617.38
Bonds
Fund Sold Percent Appropriation
220 Street Bond Fund $ 475,000 13.57 $ 2,119.28
250 Sanitary Sewer Bond
Fund 1,135,000 32.43 5,064.72
291 Park Bond Fund 1,390,000 39.71 6,201.66
295 Storm Sewer Bond Fund 500,000 14.29 2,231.72
$3;500;000 °100.OD $15;617.38
SECTION 2. The necessity for making the appropriation as
described hereinabove 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, having requested the suspension of the Charter rule and that this
ordinance take effect and be in full force and effect from and after its
passage, IT IS ACCORDINGLY SO ORDAINED this the day of 1976.
ATTEST:
C13ecrre�taary � MAYOR
THE CITY OF CORPUS CHRISTI, ERAS
APPROVED: 25 DAY OF , 1976:
J. B CE AYCOCK CM ATTORNEY MICROFILWD
By
Assistant City Attorney I ion 171980
IL3240
CITY OF CORPUS CHRISTI, TEXAS
CERTIFICATION OF FUNDS
(City Charter Article IV Section 21)
June 17, 1976
` I certify to the City Council that $ 15,617.38 , the amount required
C _ -
` for the contract, agreement, obligation or expenditures contemplated in the
above and foregoing ordinance is in the Treasury of the City of Corpus Christi
to the credit of:
Fund No. and Name �% srararxx3rK See List Below
Project No.
Project Name '
r
from which it is proposed to be drawn, and such money is not appropriated for
any other purpose.-
220 Street Bond Fund $ 2,119.28
250 Sanitary Sewer Bond Fund 5,064.72
291 Park Bond Fund 6,201.66 1
295 Storm Sewer Bond Fund 2,231.72
_ $15,617.3
Bond Sale Costs - $3,500,000 G.O. Bonds,
Series 1976, April 21, 1976 Dir ctor of Financ
FIN 2 -55
Revised 7/31/69
CORPUS CHRISTI, TEXAS
AY OF
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; 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.
RESPECTFULLY,
MAYOR
THE CITY OF CORPUS CHRISTI, TEXAS
THE CHARTER RULE WAS SUSPENDED BY THE FOLLOWING VOTE:
JASON LUBY /
DR. BILL TIPTON
EDUARDO DE ASES
RUTH GILL
BOB GULLEY
GABE LOZANO, SR.
EDWARD L. SAMPLE
. .b
THE ABOVE ORDINANCE WAS PASSED BY T E FOLLOWING VOTE:
JASON LUBY
DR. BILL TIPTON
EDUARDO DE ASES
RUTH GILL
BOB GULLEY
GABE LOZANO, SR.
EDWARD L. SAMPLE �jjeJ