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HomeMy WebLinkAbout02360 ORD - 08/24/1948r AN ORDINANCE '4 o - 2 9 K 0 APPROPRIATING THE SUM OF 014,025.00 FROM TBE UNAPPROPRIATED MONIES IN iVATER SYSTEM FUND ITEM "MAINTENANCE ARID OPERATIONS" TO BE USED FOR PAYING BOND EXPENSES INCDRRM UNDER CON- TRACT WITH THE RANSOM -DAV DSON CO., INC. FOR SERVICES RENDERED REGARDING WATER REVENUE BONDS, SERIES 1948 -A, AND DECLARING AN BLORGENCY. WHEBREM9, there is needed in Water System Fund Item "Bond Expense" the sum of $"025.00 to be used for the purpose of paying The Ranson- Davidson Co., Inc. for services rendered as fiscal agents in connection with the issuance and sale of Jet— Revenue Bonds, Series 191}8 -AS end, WEEREAS, there are sufficient funds in Water System Fund Item "Mainte- nanoo and Operations" which are now uninoumbered, and which funds are now un- appropriated and are available for this purposes NOW, TMMEFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. That there is hereby appropriated from Water System Fund Item "Maintenance and Operations" the am of 0"025.00 to 'water System Fund Item "Bond Expense" to be used for the purpose of paying The Ranson - Davidson Co., Inc. for services rendered the City of Corpus Christi by virtue of a Contract between the City and the Ranson- Davidson Co., Inc. in connection with the issuance and sale of Z tar Revenue Bonds, Series 1946 -A. SECTION 2. The fact that The Ranson- Davidson Co., Inc. has completed its contract with the City, and the money due said company is now past due and should be paid creates a public emergency and public imperative necessity re- quiring the suspension of the Charter rule that no ordinance or resolution shall be passed finally an the date it is introduced and that such ordinance or resolu- tion shall be read at three several meetings of the City Council, and the Mayor having declared that such public emergency and imperative necessity exist, end 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 ACCORDItGLY SC ORDAINED. ATTE Ts -�_ 0, City of Corpus Christi, Texas City ret APPROPEP AVAO �ORMI \ y o Aerie ant C Attorney �( el : , :5 ( `� V /n /p�� Corpus Chri ti, Texas August 1948 TO TIM 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 attaohed hereto, and I do oertlt`, 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 dram., and that there are monies in such fund which are not appropriated for any othar purposes and which are available at this time. Very truly yours, Director of Yinance pc/ +e Corpus Christi, Texas August — 3.94a 1 TO THIS MgBERS OF THE CITY COUNCIL Corpus Christi, Texas Gentlemen: For the reasons set forth in the emergency caluse of the foregoing Ordinance, a public energency 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 introduoed, or at the present meeting of the City Council. Respectfully, City o Corp— Ohristi, 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 votaa Wesley E. Seale George R. Clark, Jr. John A. Ferris R. R. Henry Joe T. Dawson a3 �o