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HomeMy WebLinkAbout02085 ORD - 05/20/1947AN ORDINANCE AUTHORIZING AND DIRECTING THE CITY MANAGER OF THE CITY OF CORPUS CHRISTI TO ACCEPT THE OFFER OF VANDEWATER, SYKES & HECKLER FOR THEIR LEGAL OPINION ON $4,740,000.00 BONDS TO BE VOTED BY THE CITY AND APPROPRIATING THE SUM OF THREE THOUSAND SEVEN HUNDRED AND FIFTY DOLLARS ($3,750.00) FROM GENERAL, FUND NO. 102 TO BE USED FOR PAYMENT FOR SAID OPINION, AND DECLARING AN E,dERGENCY. WHEREAS, the City Council of the City of Corpus Christi deems it necessary to vote bonds in the sum of $4,740,000.00 as soon as proceedings for same can be prepared; and, WHEREAS, it is desirable to obtain the opinion of Vandewater, Sykes & Heckler of New York City, who are Bond Attorneys; and, WHERMS, said Vandewater, Sykes & Heckler have submitted an offer for the .cost of their opinion; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS; SECTION 1. That the City Manager of the City of Corpus Christi be and he is hereby authorized and directed to execute the acceptance of the offer of Vandewater, Sykes & Heckler as stated herein, a copy of which offer is attached hereto and made a part hereof and reads as follows, to -wit: C O P Y VANDENATER, SYKES & HECKLER C O P Y ATTORNEYS AND COUNSELLORS AT LAW EQUITABLE BUILDING 120 BROADWAY NEW YORK 5 Edwin Vandewater Alonzo C. Heckler Charles S. Sykes May 12, 1947• Roderic B. Thomas, Esq., City Manager, Corpus Christi, Texas. Dear Sir; We have your letter of May 7th containing a revised schedule of the proposed bond issues aggregating $4,740,000 to be voted at an election, and asking what our fee would be for an opinion on the bonds to be issued under this revised schedule. We think a reasonable fee for our services relating to these issues would be as follows= $2000,000 - Storm Sewer Improvement - $1,500. 785,000 - Street Improvement - , 750, 950,000 - Sanitary Sewer System Improvement - 950. 100,000 - Airport Improvement - 100. 150,000 - Park Improvement & Park Build- ings Construction - 150, 15,000 - L Head and T Head Improvements- 50. 240,000 - Swimming Pool Construction - 250. TOTAL -131-15u7- The fees as above suggested are the same as those suggested in our letter of April 8th except that 0250 has been added to cover the $240,000 Swimming Pool bonds. We trust they will be satisfactory to you. Very truly yours, /s/ Vandewater, Sykes & Heckler ACH/lp SECTION 2. That there is hereby appropriated the sum of Three Thousand Seven Hundred and Fifty Dollars ($3,750.00) from General Fund No. 102, which money is to be used to pay Vandewater, Sykes a Heckler for their bond opinion and said sum of Three Thousand Seven Hundred and Fifty Dollars (13,750.00) is hereby transferred from General Fund No. 102 to the Contingent Fund to be used for the purpose aforesaid. SECTION 3. The fact that it is necessary to enter a contract with recognized bond attorneys for their opinion in regard to the bond issues before proceeding with calling election for bond issues creates a public emergency and public imperative necessity requiring the suspension of the Charter rule 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 several meetings of the City Council, and the Mayor having declared that such public emergency and imperative necessity exist, and having requested that such Charter rule be suspended, and that this ordinance be passed finally on the date of its introduction and take effect and be in full force and effect from and after its passage, IT IS ACCORDINGLY SO ORDAINED. PASSED AND AFFROVED this y0 day of , A. D. 1947. City of Corpus Christi, Texas ATTEST: — city Secretary APPROVED AS TO LEGAL FORbt: / City Attorney Corpus Christi, Texas May ,�, 1947 TO TAE MEMBERS OF TAE CITY COUNCIL Corpus Christi, Texas Gentlemen: 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, hereby request that you suspend said Cheater rule or requirement and pass this ordinance finally on the date it is introduced, or at the present meeting of the City Council. Respectfully, City of Corpus Christi, Texas The Charter rule was suspended by the following vote: Tesley E. Seale George R. Clark, Jr. John A. Ferris R. R. Henry a- It/ Joe T. Dawson The above ordinance was passed by the following vote, Wesley E. Seale George R. Clark, Jr. John A. Ferris R. R. Henry Joe T. Dawson Corpus Christi, Texas may 2, 1947 TO THE MAYOR AND CITY COUNCIL Corpus Christi, .Texas Gentlemen: I have examined the accounts and fund from which the appropriation is made, as provided for in the ordinance attached hereto, and I do certify that the money required for such appro- priation is in the Treasury to the credit of the fund from which such appropriation is to be drawn, and that there are monies in such fund which are not appropriated for any other purpose and which are available at this time. Very truly yours, Cwt/ Dirac or o Finance City Con ro le vw