HomeMy WebLinkAbout14602 RES - 11/08/1978ld Y
t
THE STATE OF TEXAS
COUNTY OF NUECES
CITY OF CORPUS CHRISTI
On this the 8th day of November, 1978, the City
Council of the City of Corpus Christi, Texas, convened in
Regular Meeting, with the following members of said Council
and officials of said City present, to -wit:
` Gabe Lozano, Sr., Mayor
Bob Gulley, Mayor Pro -Tem
David Diaz
Ruth Gill
Edward L. Sample Councilmen
Tony Juarez, Jr.
Joe Holt
R. Marvin Townsend, City Manager
J. Bruce Aycock, City Attorney
Harold F. Zick, Director of Finance
Bill G. Read, City Secretary
-- •.:&�ixi�= f�= �t�, ==�� : �
with the the following absent: None
constituting a quorum, at which time the following among other
business was transacted:
R. Marvin Townsend presented for the consideration of
the Council a resolution. The resolution was read by the City
Secretary. The Mayor presented to the Council a communication
in writing pertaining to said proposed resolution, as follows:
"Corpus Christi, Texas
"TO THE CITY COUNCIL
Corpus Christi, Texas
Gentlemen:
The public importance and pressing need for the
ermanent improvements to be constructed by the use of the pro-
ceeds of bonds contemplated to be sold pursuant to an offering
ade by an Official Statement to be authorized, ratified and
approved by a resolution create an emergency and an imperative
public necessity requiring the suspension of rules and Charter
provisions requiring resolutions to be considered and voted upon
at three regular meetings. I, therefore, request that the City
Council adopt the proposed resolution authorizing, ratifying and
approving the use of said Official Statement as an emergency
measure. You will please consider this request in connection
with the resolution which is to be introduced for adoption by 1
the City Council on this subject.
"Yours very tr
1110
14602 /s/ Gabe Lozano Sr.
Mayor"
Councilman Gulley moved that the Charter
provision prohibi*_ing resolutions from being adopted finally
on the date introduced be suspended for the reasons stated
in the written request of the Mayor and stated in the emergency
clause of the resolution. The motion was seconded by Councilman
Juarez The motion was carried by a unanimous vote
by the City Council, viz.:
AYES: All present voted Aye.
NAYS: None.
The Mayor requested that the records show that he
voted Aye. This was done.
Councilman Sample moved that the resolution
be adopted finally. The motion was seconded by Councilman
Holt The motion was carried by the following vote:
AYES: All present voted Aye.
NAYS: None.
The Mayor requested that the records show that he
voted Aye. This was done.
The Mayor announced that the resolution has been
adopted. The resolution is as follows:
I
v � ,
RESOLUTION 14602
APPROVING THE FORM OF THE OFFICIAL STATEMENT
PERTAINING TO CITY OF CORPUS CHRISTI, TEXAS,
GENERAL IMPROVEMENT BONDS, SERIES 1978 -A, AMD
AUTHORIZING, RATIFYING AND APPROVING THE
OFFICIAL STATEMENT AND THE USE THEREOF IN THE
OFFERING AND SALE OF SAID BONDS
WHEREAS, the City of Corpus Christi is authorized
to issue and sell its bonds heretofore approved at elections
held June 26, 1976 and November 8, 1977, all pursuant to the
Constitution and laws of Texas; and
WHEREAS, it is the desire of the City Council that
the Official Statement pertaining to certain of said bonds
designated City of Corpus Christi, Texas, General Improvement
Bonds, Series 1978 -A, and the use of said Official Statement
should be duly authorized, ratified and approved.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
CORPUS CHRISTI, TEXAS:
1. That the Official Statement, including the Official
Notice of Sale, as set forth herein is hereby approved as to
form and content.
2. That the use of the Official Statement and all
addenda, if any, thereto in the offering and sale of said bonds
is hereby authorized, ratified and approved.
3. That the form of the Official Statement shall be
substantially as follows, to -wit:
I
Lr 1I ,
' A
• � 1
ADOPTED AND APPROVED this the 8 ay of November,
1978.
Mayor
City f Cor risti
ATTEST:
Ci'Ey y Secretary
cretary
City of Corpus Christi
The foregoing resolution was approved prior to
adoption as to form and correctness this the 8 day of
November, 1978.
ity Ikttorney
City of Corpus Christi
a
Corpus Christi, Texas 4�
7 day of `-iQ)&Yl , 19�!
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 suspension 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 ordinance
finally on the date it is introduced, or at the present meeting of the City
Council.
Respectfully,
MAYOR
THE ITY-O PUS CHRISTI, TEXAS
The Charter Rule was suspended by the following vote:
Gabe Lozano, Sr. b
Bob Gulley
David Diaz
Ruth Gill
Joe Holt
Tony Juarez, Jr.
Edward L. Sample Qi
The above ordinance was passed by the following vote:
Gabe Lozano, Sr.
Bob Gulley Lic
David Diaz Ei
Ruth Gill
Joe Holt
Tony Juarez, Jr.
Edward L. Sample