HomeMy WebLinkAbout02310 ORD - 07/06/1948a
13
TIM SPATS OF TiSX&8 t
COi1gTY OF NMS s
CITY OF CORPUS CHRISTI s
On this the day of July, 1948, the City Council of the City
of Corpus Uhristi, Texas, convened in Meeting, with the following
it members of said Council present, to -wi
Wealey B. Seal., Mayor,
I
George R. Clark, Jr., s
, S
R. R. Henry, t Commiesioners,
�I Joe T. Dawson, s
fl M. A. Cage, Jr., City Secretary,
l
Ij with the following absent; constituting a quorum,
at which time the foll among other buainese was traneacteds
IIMr. �� presented for the consideration of
the Council an Ordinance. The Ordinance was read by the City Secretary.
The Mayor presented to the Comwil a eommm cation in writ rt
writing pe lining to
Ij said proposed Ordinance, ae followes
Corpus Uhristi, Texas,
1948.
TO THE M91BER.4 OF THE CITY CQIHCII,
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 mils or regaire ent that no ordinance
or resolution shall be passed finally on the date it is introduced, and
that each ordinance or resolution aha" be read at three mebtings of
the City Council; I, therefore, hereby request that you suspend said
CharFsr rule or requirement and pass this ordinance finally on the date
it is introduced, or at tha present meeting of the City Council.
��
j
City of Corpus Christi, Texas.
0,310
W
Commissioner &g&4 made a motion that the Charter provisions'
prohibiting ordinances from being passed finally en the date introduced be
suspended for the reasons stated in the written request of the MWr and
i
stated in the emergency n] nee of the ordinance. The motion wee ae—.d d by
Mr. �dj &Il The motion was carried by a unanimous vote of the City ;
Council, viz:
AYMSt Comdasioners Clark, S�wLo-, Henry and Dawson.
NA=t Hone.
Mr. made a motion that the ordinance be
passed finally. The motion was seconded by Mr. The
motion was parried by the following voter
Affil Comml.asioner® Clark, dA♦yat, Henry and Dawson.
NAYFaS s None.
The Nayor requested that the records show that he voted Aye.
This was done.
The Meyor announced that the Ordinance had been passed. The
Ordinance is as followas
AWABDIDG TO THE PURCHASER 02,550,000.00
CITY.OF CORPUS CHRISTI, TS%A.S, WATEMRKS
HEVMM BONDS, SffitIFS 1948 -A, AND DICIMM
AN ICy,
wEIMA5, the City Council of the City of Corpse Christi, Texas,
has under consideration the sale of $2,350,000,00 City of Corpus Christi,
Texas, Waterworks Revenue Bonds, Series 1948 -A, dated June 1, 1948, numbered
One (1) to Two ThOusand Five Hundred and Fifty (2550), both inclusive, of the
denomination of one Thousand Dollars ($1,000.00) each, maturing esrially
throughout the years 1949 to 1978, both inulu3lvej and
NHBBSAS, after having received and considered the offer of
Ranson, Davidson and Company, Milam Building, San Antonio, Texas, for said
bowie, which offer sae par and accrued interest to date of delivery, glass a
premium of $15,029.70, for the bonds to bear interest at rates as fcllowas
Said bonds shall bear interest at the rate of 41/4% per anmm
until June 1 1949, and thereafter shall bear interest at the '
rate of T-0% per ann ®j j
it is considered to be to the best interest of the City that Bald offer be
accepted;
BE IT ORDOR BY THE CITY COUNCIL OF THE CITY OF CORPUS
CFnLT=, TZUS=
3.. That the offer of Hanson, Davidson Ca=agy, Mila® Building,
San Antonio, Tease, for said bonds, being par and accrued interest to date
Of delivery, plus a premium of $15,029.70 be and the same is hereby accepted.
I 2. That the Manor, City Searetarg and City Treasurer be and
they are hereby ordered and directed to do any and all things necessary to
complete the delivery of said bonds to the Rameon, Davidson Company, AH]sm
Building, San Antonio 5, Texas, in accordance with the offer, and the
reaeiviga of the money for the benefit of the City.
3. The fact that the contemplated use of the proceeds of the
waterworks revenue bonds are necessary for the orderly development and
growth of the City of Corpus Christi, Texas, oreates a public emergency
IIand an imperative public necessity requiring the suspension of the Charter
Bale providing that no ordinance or resolution shall be passed finally on tba
date it is introduced, and that each ordinance or resolution shall be read
at three several meetings of the City Connell 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
offset and be in full force and effect from and after its passage, it is
accordingly so ordained_
PASM AND ANWM this the day ATTWrt i,
Te ase.
i
ity ecrst ,
Texas .y of Corpus �"eti, ^BPr7 /O &p �3 // TO LFGAL FO)�dl.
fe`a*i. " 64 rney
Ihs foregoing ordinance has been approved as to form and correctness
this —4.;W of duly, 1949. !,
ity torney.
Corpus Christi, Texas
Jnlyj(a-, 1946
TO THE W.MTR OF THE CITY CONCIL
(I Corpus Christi, Tessa
I! cemlema:<.
For the reasons set forth in the emergency clause of the foregoing
ordinance, a public emergency and imperative necessity exist far the suspension
of the Charter rule or requirement that no ordinance or resolution shall be
passed finally on the date it is introduced, end that such ordinance or resolu-
tion shall be read at three meetings of the City Councils 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,
City of Corpus Christi, Texas
The Charter rule was suspended by the following vote[
Wesley 8. seals
George B. Clark, Jr..
John A. Ferris
B. H. Nervy
Joe T. Dawson.
The above ordinance was passed by following votes
Wesley E. Seale
George B. Clark, Jr.
John A. Ferris
tol-
B. B. Henry
Joe T. Dawson
a31