HomeMy WebLinkAbout02283 ORD - 05/28/1948THE STATE OF TEXAS
COUNTY OF NUECES
CITY OF CORPUS CHRISTI Q
On this the 28 day of may 1948, the City
Council of the City of Corpus Christi, Texas, convened in regular
'.fleeting, with the following members of said Council present, to- it:
Wesley E. Seale, Mayor
C orge R. Clark, Jr.
John A. Farris
Commissioners
R. R. Henry
11. A. Cage, Jr. City Secretary,
with the following absent; Joe T. Dawsoa oonstituting a
quorum, at which time the following among other business was transacted;
1"s. Seale 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
May 28, 1948
TO THE KFIMERS OF THE CITY COUNCIL
Corpus Christi, Texas
Gentlemen.
For the r sat Forth in the emergency clause of the
foregoing; resolutiori,aa public emergency and in:perati— n sity
exist for the suspension of the Charter rule or requirements 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 resolution
finally on the date it is introduced, or at the present mere sing of
the City Council.
Respectfully,
City of Corpus Christi, Texas
Commissioner Clark made a motion that the Charter provisions
prohibiting resolutions from being passed finally on the date intro-
duced 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 4,r. Henry. The motion was carried by a unani-
mous vote by the city Council, vis
AYnS: Commissioners Clark, Ferris, and Henry.
WAYES; hone.
Mr. Clark made a motion that the Resolution be passed finally.
The motion waa seconded by 1 %r. Ferris. The motion was carried by the
following vote:
AYES: Commissioners Clark, Ferris, and Henry.
HAYES. Hone.
The Mayor requested that the records show that he voted -I've-
This was done.
The 5hyor announced that the Resolution had been passed. The
Resolution is as follows:
A RESOLUTION �/D . Z.2 27
AUTHORIZING PUBLICATION OF NOTICE TO SELL
$2,200,000.00 OF CITY OF CORPUS CHRISTI TMTER-
YPOR%S REVENUE BONDS, AND $3,250,000.00 OF CITY
OF CORPUS CHRISTI VARIOUS PURPOSE GENERAL
OBLIGATION BONDS, AND DECLARING AN EhMGENCY.
BE IT RESOLVED BY THE CITY COUNCIL OF TEE CITY OF CORPUS
CHRISTI, TEXAS;
1. That notice of the City,s intention to accept competitive
bids for the sale of its !drport Improvement Honda, ",;-100,000,00; Park
Improvement Bonds, $150,000,00; Storm Sewer Improvement Bonds, $1,465,-
000.00; Sanitary Sewer Improvement Bonds, 1950,000.00; Street Improve-
ment Bonds, $585,000.00; and the City's waterworks Revenue Bonds, Series
1948, in the amount of w2,200,000.00, on June 11, 1948, be published in
the Bond Buyer, a publication carrying as a regular feature notice of
the sale of municipal bond., and published in the City of New York, on
such date or dates as may be determined by the Mayor of the City of
Corpus Christi, and on such date or dates as may be determined by the
Mayor, in the Texas Bond Reporter, which is published in Dallas, Texas.
2. That the form of said notice be substantially as follows:
"$2,200,000.00 WATLMVORKS REYr;NUE BONDS
$3,250,000.00 VARIOUS PURPOSE GENERAL
OBLIGATION BONDS
CITY OF CORPUS CHRISTI, TEXAS
BOND SALE
NOTICE IS HEREBY GIVEN that the City Council of the City of
Corpus Christi, Texas, at the office of the City Secretary, City Hall,
on Friday, June 11, 1948, will receive until 1 :00 otclock P.M., sealed
bide for the purchase of $2,200,000.00 ,Taterworks Revenue Bonds, and
$3,250,000.00 various purpose General Obligation Bonds.
Copies of the official offering. and bid foruss, as well a. a
circular containing economic and financial data, respecting the City and
a description of the !kLterWorks Revenue Bonds and of each issue of the
General Obligation Bonds, will be mailed to interested prospective bidder.
upon written request directed to Russell L. Haynes, City Controller, Corpus
Christi, Texas.
Published by order Of the City Council of the City of
Corpus Christi, Texas.
ifesley E. Seale
Mayor, City of Corpus Christi,
ATTEST: Texas.
M. A. Cage, Jr.,
City Secretary, City of Corpus
Christi, Texas."
1 j. The necessity for the sale of the various proposed tax
supported general obligation bonds and waterworks revenue bonds in
order to procure revenues to make improvements to the airport, parks,
sanitary Sewer, storm sewer, streets and Waterworks system in the City
of Corpus Christi creates a public emergency and public imperative
necessity requiring the suspension of the Charter rule that no ordi-
nance or resolution shall be passed finally on the date it is intro-
duced 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 resolution
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 ACCOPDITIGLY
SO RESOLVED.
PASSED AND APPROVED this —j day of yay, A. D. 1948.
City of Corpus Christi, Texas
ATT3ST.
'Set
y
The foregoing resolutt��� ion has been approved as to form and
correctness this - � day of 1948.
Corpus Christi, Texas
May 28, 1948
TO THI� 'EMBERS OF THE CITY COUNCIL
Corpus Christi, Texas
ntlemen:
For the reasons set forth in the emergency clause of the
foregoing resolution, 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 resolution
finally on the date it is introduced, or at the present meeting of
the City Council.
Respectfully,
1
City of Corpus Christi, Texas
The Charter rule was suspended by the following vote.
'e-ley E. Seale
George R. Clark, Jr.
John A. Ferris
R. R. Henry
Joe T. Dawson
The above resolution was passed by the following vote:
Jesley E. Seale
George R. Clark, Jr.
John A. Ferris
R. R. Henry
Joe T. Dewaon
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