HomeMy WebLinkAbout15202 ORD - 10/31/1979ORDINANCE NO.
BY THE CITY COUNCIL OF THE CITY OF CORPUS
CHRISTI, TEXAS, DIRECTING PUBLICATION OF
NOTICE OF INTENTION TO ISSUE CERTIFICATES
OF OBLIGATION; AND ORDAINING OTHER MATTERS
RELATING TO THE SUBJECT; AND DECLARING AN
EMERGENCY.
WHEREAS, it is hereby officially found and determined:
that a case of emergency or urgent public necessity exists
which requires the holding of the meeting at which this
Ordinance is passed, such emergency or urgent public neces-
sity being that,the publication of Notice of Intention to
Issue Certificates of Obligation to provide proceeds for
the construction of necessary and urgently needed public
improvements is required as soon as possible and without
delay; and that said meeting was open to the public, and
public notice of the time, place and purpose of said
meeting was given, all as"required by Vernon's Ann. Civ.
St. art. 6252-17, as amended.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
CORPUS CHRISTI, TEXAS:
Section 1. That attached hereto and marked "Exhibit
A" is a form of notice, the form and substance of which
are hereby passed and approved.
Section 2. That the City Manager shall cause said
notice to be published, .in substantially the form attached
hereto, in the Corpus Christi Caller (Times) ,
a newspaper of general circulation in the City of Corpus
Christi, Texas, for two consecutive weeks, the date of the
first publication to be November 2 , 1979, which date is
at least fourteen (14) days prior tb the day tentatively
proposed for authorizing the issuance of the Certificates
of Obligation as shown in said notice.
Section 3. The fact that the contemplated construc-
tion of public improvements is necessary for the orderly
development and growth of the City of Corpus Christi;
Texas;=;creates a public emergency and an imperative public
necessity requiring the suspension of the Charter rule pro-
viding that no ordinance or resolution shall be passed
finally on the date it is introduced and that such ordi-
nance or resolution shall be read at three several meetings
of the City Council and the Mayor having declared that such
public emergency and imperative necessity exist, and having
requested that said Charter Rule be suspended and that this
ordinance take effect and be in full force and effect from
and after its passage, it is accordingly so ordained.
Section 4. That all ordinances and resolutions or.'
parts thereof.in conflict herewith are hereby. repealed;.
PASSED AND APPROVED this the s% day of �, 1979.
Ma
ATTEST:
•
r
ty of Corpus Christi, Texas
City Secretary, City of Corpus
Christi, Texas
The foregoing ordinance was approved prior p ssage
as to form and correctness this the '� day of
1979.
4Ji-• City Attorn v�,W�
Christi, T6xas
15202
•
ity of Corpus
MICROFILMED
AUG 2 %a°
: *
EXHIBIT A
NOTICE OF INTENTION TO ISSUE
CERTIFICATES OF OBLIGATION
NOTICE IS HEREBY GIVEN that it is the intention of the City Council
of the City of Corpus Christi, Texas, to issue the interest bearing certifi-
cates of obligation of the City entitled "City of Corpus Christi, Texas Tax
and Revenue Certificates of Obligation, Series 1979", for the purpose of
paying contractual obligations to be incurred by the City. The City Council
tentatively proposes to authorize the, issuance of said Certificates of
Obligation at its regular meeting place in the City Hall at a regular
meeting to commence at 11:00 o'clock, A. M., on the 21st day of
November, 1979. The maximum amount of Certificates of Obligation indebted-
ness that may be authorized for such purpose is $5,950,000. The City Council
presently prdposes to provide for payment of such Certificates of Obligation
by the levy of taxes and from certain revenues derived from the hotel
occupancy tax collected by the City and the parking facilities of the City
at the City's airport and at the community - convention facility.
Corpus Christi, Texas
,Q/ day of , 19L_
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;
MAY
,2071 -
THE TY OF CORPUS CHRISTI, TEXAS
The Charter rule was suspended by the following vote:
Luther Jones
Edward L. Sample
Dr. Jack Best
David Diaz
Jack K. Dumphy
Betty N. Turner
Cliff Zarsky
The above ordinance was pass;by the following vote:
Luther Jones
Edward L. Sample
Dr. Jack Best if
David Diaz
Jack K. Dumphy 4,
Betty N. Turner 1
Cliff Zarsky
15202
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