HomeMy WebLinkAbout14812 ORD - 03/07/1979•
AN ORDINANCE
APPROPRIATING $31,811.13 OUT OF VARIOUS BOND -FUNDS
IN CONNECTION WITH THE SALE OF $5,000,000 GENERAL
IMPROVEMENT BONDS, SERIES 1978-A, SOLD ON NOVEMBER 8,
1978; 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 $31,811.13
out of various bond funds as hereinafter set forth for expenses in connection
with the sale of $5,000,000 General Improvement Bonds, Series 1978-A, said
sale having been conducted on November 8, 1978, said expenses being as
follows:
Bond Attorney, Hobby H. McCall
Financial Advisor, M. E. Allison, Sr.
Printing Official Statement
Printing Bonds
Bond Rating Service
Moody's Investors Services
Fund
209 Convention Facility
218 Transit System
220 Street
245 Airport
250 Sanitary Sewer
261 Coliseum
263 Museum
269 Library
291 Park
295 Storm Sewer
described
Bonds Sold
$ 400,000
25,000
750,000
225,000
2,750,000
50,000
50,000
50,000
600,000
100,000
$5,000,000
$ 5,963.50
19,687.59
4,433.04
927.00
800.00
$31,811.13
Percent Appropriation
8.00
.50
15.00
4.50
55.00
1.00
1.00
1.00
12.00
2.00
100.00
$ 2,544.89
159.06
4,771.67
1,431.50
17,496.12
318.11
318.11
318.11
3,817.34
636.22
$31 811.13
SECTION 2. That the necessity to appropriate the Sums hereinabove
for expenses
in connection with the sale of Series 1978-A General
Improvement bonds 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 and that such ordinance
or resolution shall be read at three several meetings of the City Council, and
the Mayor having declared that such emergency and necessity 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
MICROFILMED
"JUL O 2'^90
14812
and effect from and after its passage, IT IS ACCORDINGLY SO ORDAINED, this
the 7 day of March, 1979.
ATTEST:
Ci Secretary
APPROVED:
S DAY OF MARCH, 1979:
J. BRUCE AYCOCK, CITY ATTORNEY
•
MAYOR,
THE CITY OF
US CHRISTI, TEXAS
{
CITY OF CORPUS CHEtSTI, TEXAS
CERTIFICATION OF FUNDS
(City Charter Article IV Section 21)
March 1, 1979
I certify to the City Council that $ 31,811.13 , 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:
Fund No. and Name Various - Bond Issuance Expense
Project No.
Project Name
For Bond Fund Distribution See Below
from which it is proposed to be drawn, and such money is not appropriated for
any other purpose. •
Bond Fund Amount
209 Convention Facility $ 2,544.89
218 Transit 159.06
220 Street 4,771.67
245 Airport 1,431.50
250 Sanitary Sewer 17,496.12
261 Coliseum 318.11
263 Museum 318.11
269 Library 318.11
291 Park 3,817.34
295 Storn Sewer 636.22
$31,811.13
FIN 2-55
Revised 7/31/69
March 1
, 1979
•
Corpus Christi, T as
7 day of 197f
TO THE MEMBERS OF TIE 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,
MA OR
THE CITY 0 US CHRISTI, TEXAS
The Charter rule was suspended by ' e fallowing vote:
Gabe Lozano, Sr.
Bob Gulley
David Diaz
Ruth Gill
Joe Holt
Tony Juarez, Jr.
Edward L. Sample
The above ordinance was passed by the following
Gabe Lozano, Sr. ,
Bob Gulley r
David Diaz it
Ruth Gill 1
Joe Holt ' e1' , d
Tony Juarez, Jr.
Edward L. Sample O
vote:
1_48,*_