HomeMy WebLinkAbout02128 ORD - 08/05/1947AN ORDINANCE
REPEALING ORDINANCE NO. 2085 PASSED CSI THE
20th DAY OF MAY, 1947, ENTITLED "AN 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 $4,744,000.00 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 EMERGENCY"; AND AUTHORIZING AND DIRECTING
THE CITY MANAGER OF THE CITY OF CORPUS CHRISTI,
TEXAS, TO ACCEPT THE OFFER OF VANDE�'IiATER, SYKES
& HECKLER FOR THEIR LEGAL OPINION ON $3,850,000.00
TAX SUPPORTED BONDS TO BE VOTED :BY THE CITY AND
FOR $6,000,000.00 IN WATER REVENUE BONDS TO BE
VOTED BY THE CITY, THE LEGAL FEES TO BE $3,000.00
FOR THE TAX SUPPORTED BONDS AND $5,000.00 FOR THE
WATER REVENUE BONDS; APPROPRIATING THE SUM OF
$8,000.00 FROM GENERAL FUND NO. 102 TO BE USED
FOR PAYMENT FOR SAID LEGAL OPINION; AND DECLARING
AN EMERGENCY.
WHEREAS, by Ordinance No. 2085 passed and approved by the
City Council on the 20th day of May, 1947, the City Manager was authorized
to execute a contract with Vandewater, Sykes & Heckler for their legal
opinion on tax supported bonds in the amount of $4,740,000.00, and to
pay for said opinion the sum of $3,750.00; and,
WHEREAS, it has been determined by the City Council that
the said bonds in the amount of $4,740,000.00 will not be voted but
instead said Council desires to vote tax supported bonds in the sum of
$3,850,000.00 and water revenue bonds in the amount of $6,000,000.00; and,
WHEREAS, Vandewater, Sykes & Heckler, Attorneys of New York
City, have offered to furnish their legal opinion for the tax supported
bonds in the amount of $3,850,000.00 for the sum of $3,000.00 and their
legal opinion for the water revenue bonds in the amount of $6,000,000.00
for the sum of $5,000.00, making a total for legal fees of $8,000.00 for
the two bond issues;
N(Nf. THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF CORPUS CHRISTI, TEXAS;
SECTION 1. That Ordinance No. 2085 passed and approved on
the 20th day of May, 1947,and entitled as follows;
2-12W
"An 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
$40740,000.00 Bonds to be voted by the City and appro-
priating the sum of Three Thousand Seven Hundred and
Fifty ($3,750.00) Dollars from General Fund No. 102 to
be used for payment for said opinion, and declaring an
emergency."
is hereby repealed and is to be of no further force and effect.
SECTION 2. That the City Manager of the City of Corpus Christi
be and he is hereby authorized and directed to execute on behalf of
the City of Corpus Christi the acceptance of the offer of Vandewater,
Sykes & Heckler in that the City agrees to pay Vandewater, Sykes &
Heckler the sum of $3,000.00 for their legal opinion on tax supported
bonds in the sum of $3,850,000.00 and agrees to pay $5,000.00 for their
legal opinion on water revenue bonds in the amount of $6,000,000.00,
making a total of $8,000.00 to be paid under this agreement.
SECTION 3. That there is hereby appropriated the sum of
$8,000.00 from General Fund No. 102 which money is to be used to pay
Vandewater, Sykes & Heckler for their legal opinion on said bonds,
hereinabove described and said sum of $8,000.00 is hereby transferred
from General Fund No. 102 to the Contingent Fund to be used for the
purposes aforesaid.
SECTION 4. The fact that it is necessary to enter a contract
with recognized bond attorneys for their opinion in regard to the bend
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 APPROVED this �)- day of , A.D. 1947.
MAYOR � ►"� f� � —'f L-
City of Corpus Christi, Texas
ATTEST:
City LSeore ary
APPROVED AS TO LEGAL FORM.
1 y�' Attorney
Corpus Christi, Texas
August i— , 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,
Director or'inance
City Controller
vw
Corpus Christi, Texas
August J7 , 1947
TO THE Mk7MBERS OF THE 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 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 ,
City of Corpus Christi, Texas
The Charter rule was suspended by the following vote:
Wesley E. Seale
George R. Clark, Jr.
John A. Ferris
R. R. Henry
Joe T. Dawson
The above ordinance was passed by the following vote,
Wesley E. Seale
I
George R. Clark,-Jr.
4
John A. Ferris
R. R. Henry
Joe T. Dawson
2-12-9