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HomeMy WebLinkAbout14141 ORD - 01/25/1978JKH:vp:l /10 /,•78:lst, TEXAS: AN ORDINANCE AUTHORIZING THE EMPLOYMENT OF HOBBY H. McCALL TO PROVIDE BOND ATTORNEY SERVICES AND M. E. ALLISON, SR., TO PROVIDE FINANCIAL ADVISOR SERVICES; APPROPRIATING $48,513 OUT OF THE NO. 102 GENERAL FUND TO PAY THE ESTIMATED COSTS OF SELLING OF BONDS, WITH REIMBURSE- MENT TO BE MADE TO THE NO. 102 GENERAL FUND OUT OF THE PROCEEDS OF THE BOND SALE. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, SECTION 1. That the employment of Hobby H. McCall to provide bond attorney services and M. E. Allison, Sr. to provide financial advisor services in connection with the sale of General Improvement Bonds on February 15, 1978, is hereby approved. SECTION 2. That there is hereby appropriated the sum of $48,513 out of the No. 102 General Fund to pay the estimated costs of selling the aforesaid bonds, with reimbursement to be made to the No. 102 General Fund out of the proceeds of the bond sale. MICROFILMED JUL 071990 1414t CITY OF CORPUS CHRISTI, TEXAS CERTIFICATION OF FUNDS (City Charter Article IV Section 21) January 11, 1978 I certify to the City Council that $ 48,513.00 , the amount required 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: 102 - General Fund Fund No. and Name 1984 - Unappropriated Fund Balance Purpose FA29ERMW For the purpose of paying the cost of selling $11,000,000 of General Obligation Bonds on February 15, 1978 to be reimbursed out of the proceeds of the Bond Sale. from which it is proposed to be drawn, and such money is not appropriated for any other purpose. Ja4uary 11111 , 19 78 Direc or of Finance FIN 2 -55 Revised 7/31/69 That the foregoing ordinance was read fo the first time and passed to its second reading on this the�_day of�. 19 72 by the following vote: Jason Luby Eduardo de Ases David Diaz 4 Ruth Gill an'j Bob Gulley Gabe Lozano, Sr. Edward L. Sample That the foregoing ordinance was read for the second time and passed to its third reading on this the J V- day o by the following vote: Jason Luby Eduardo de Ases David Diaz Ruth Gill Bob Gulley Gabe Lozano, Sr. Edward L. Sample That the foregoing ordin nce was read for the third time and passed finally on this the oX*L+day o 19�_� by the following vote: Jason Luby Eduardo de Ases David Diaz Ruth Gill Bob Gulley Gabe Lozano, Sr. Edward L. Sample PASSED AND APPROVED, this the c" L— " day of 19 $ ATTEST: City Secretary APPROVED: _DAY 0 - 19 7d' J. BRUCE AY CK, CI ATTORNEY By . Assistant C ttorney MAYOR THE CITY.OF CORPUS CHRISTI, TEXAS Phis ordinance is in effect and :once with or without the Signature of the Mayor, in accordance with Article II Section 6 of the city Charter. j41A1 •