HomeMy WebLinkAbout02663 ORD - 12/20/19491
ORDINANCE NO. �
AN ORDINANCE CANVASSING RETURNS AND DECLAR-
ING THE RESULTS OF THE SPECIAL BOND ELECTION
HELD IN THE CITY OF CORPUS CHRISTI, TEXAS,
ON DECEMBER 17, 19497 AND DECLARING AN EMER-
GENCY.
WHEREAS, there was held in the City of Corpus Christi, Texas,
on the 17th day of December, 1949, an election at which was submit
ted to the duly qualified resident electors of said city who own
taxable property within said city and who had duly rendered the
same for taxation the fallowing propositions, to -wits
PROPOSITION NO. ONE
SHALL THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI HE
AUTHORIZED TO ISSUE THE REVENUE BONDS OF SAID CITY IN
THE PRINCIPAL AMOUNT OF EIGHT HUNDRED AND SIXTY THOUSAND
M60,000.00) DOLLARS, MATURING SERIALLY WITHIN THIRTY
) YEARS FROM THEIR DATE OR DATES, HEARING INTEREST AT
HOT EXCEEDING THE MAXIMUM RATE OF FIVE (5%) PERCENT PER
ANNUM AS PROVIDED BY THE CITY CHARTER, ALL TO BE DETER -
MINED By THE CITY COUNCIL, FOR THE PURPOSE OF IMPROVING,
ENLARGING, EXTENDING AND REPAIRING THE SANITARY SEWER
SYSTEM OF SAID CITY, SUCH BONDS TO BE SECURED BY A PLEDGE
OF THE NET REVENUES OF THE CITY'S MUNICIPAL GAS SYSTEM,
IN ACCORDANCE WITH ARTICLES 1111 TO 1118, BOTH INCLUSIVE,
REVISED CIVIL STATUTES OF TEXAS, 1925, AS AMENDED, EACH
BOND TO BE CONDITIONED THAT THE HOLDER THEREOF SHALL
NEVER HAVE THE RIGHT TO DEMAND PAYMENT OF SAID OBLIGATION
OUT OF ANY FUNDS RAISED OR TO BE RAISED BY TAXATION.
PROPOSITION N0. TWO
SHALL THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI BE
AUTHORIZED TO ISSUE THE REVENUE BONDS OF SAID CITY IN THE
($1440 000.0 DOLLARS, MATURING SERIALLY WITHIN THIRTY
(30) YEARS FROM THEIR DATE OR DATES, BEAHING INTEREST AT
NOT EXCEEDING THE MAXIMUM RATE OF FIVE (5%) PERCENT PER
ANNUM AS PROVIDED BY THE CITY CHARTER, ALL TO BE DETER-
MINED BY THE CITY COUNCIL, FOR THE PURPOSE OF IMPROVING,
ENLARGING, EXTENDING AND REPAIRING THE CITY'S MUNICIPAL
GAS SYSTEM, SUCH BONDS TO BE SECURED BY A PLEDGE OF THE
NET REVENUES OF SAID MUNICIPAL GAS SYSTEM, IN ACCORDANCE
WITH ARTICLES 1111 TO -2118, BOTH INCLUSIVE, REVISED CIVIL
STATUTES OF TEXAS, 1925, AS AMENDED, EACH BOND TO BE CON-
DITIONED THAT THE HOLDER THEREOF SHALL NEVER HAVE THE RIGHT
TO DEMAND PAYMENT OF SAID OBLIGATION OUT OF ANY FUNDS
RAISED OR TO HE RAISED BY TAXATION.
PROPOSITION NO. THREE
SHALL THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI HE
AUTHORIZED TO ISSUE THE BONDS OF SAID CITY IN THE PRINCIPAL
AMOUNT OF ONE MILLION FOUR HUNDRED THOUSAND ($1,400,000.00)
DOLLARS, MATURING SERIALLY WITHIN THIRTY (30) YEARS FROM
THEIR DATE OR DATES, AND HEARING INTEREST AT NOT EXCEEDING
THE MAXIMUM RATE OF FIVE (5%) PERCENT PER ANNUM AS PRO-
VIDED BY THE CITY CHARTER, ALL TO HE DETERMINED BY THE
CITY COUNCIL, FOR THE PURPOSE OF CONSTRUCTING AND.AC-
WIRING STORM SEWERS FOR SAID CITY AND ACQUIRING THE
NECESSARY RIGHTS OF WAY THEREFOR, AND TO LEVY ANNUAL AD
VALOREM TAXES SUFFICIENT TO PAY THE TEST ON SAID BONDS
AS IT ACCRUES AND TO CREATE A SINKING FUND FOR THE REDEMP-
TION OF SAID BONDS AS THEY MATURE.
PROPOSITION NO. FOUR
SHALL THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI HE
AUTHORIZED TO ISSUE THE BONDS OF SAID CITY IN THE PRINCI-
PAL AMOUNT OF SIX HUNDRED THOUSAND $600,000.00) DOLLARS,
MATURING SERIALLY WITHIN THIRTY (30 YEARS FROM THEIR DATE
OR DATES, AND HEARING INTEREST AT NOT EXCEEDING THE MAXIMUM
RATE OF FIVE (5%) PERCENT PER ANNUM AS PROVIDED HY THE CITY
CHARTER, ALL TO BE DETERMINED BY THE CITY COUNCIL, FOR THE
PURPOSE OF CONSTRUCTING, IMPROVING AND REPAIRING THE ROADS,
BRIDGES AND STREETS OF SAID CITY AND ACQUIRING THE NECESSARY
RIGHTS OF WAY THEREFOR, AND TO LEVY ANNUAL AD VALOREM TAKES
SUFFICIENT TO PAY THE INTEREST ON SAID BONDS AS IT ACCRUES
AND TO CREATE A SINKING FUND FOR THE REDEMPTION OF SAID
BONDS AS THEY MATURE.
PROPOSITION NO. FIVE
SHALL THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI EE
AUTHORIZED TO ISSUE THE BONDS OF SAID CITY IN THE PRINCI-
PAL AMOUNT OF TWO HUNDRED AND F37TY THOUSAND ($250,000.00)
DOLLARS, MATURING SERIALLY WITHIN THIRTY (30) YEARS FROM
THEIR DATE OR DATES, AND REARING INTEREST AT NOT EXCEEDING
THE MAXIMUM RATE OF FIVE (5%) PERCENT PER AM ON AS PROVIDED
BY THE CITY CHARTER, ALL TO BE DETERMINED BY THE CITY COUNCIL,
FOR THE PURPOSE OF CONSTRUCTING AND EQUIPPING A POLICE
BUILDING FOR SAID CITY, AND TO LEVY ANNUAL AD VALOREM TAXES
SUFFICIENT TO PAY THE INTEREST ON SAID BONDS AS IT ACCRUES
AND TO CREATE A SINKING FUND FOR THE REDEMPTION OF SAID
BONDS AS THEY MATURE.
PROPOSITION NO. SIX
SHALL THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI BE
AUTHORIZED TO ISSUE THE BONDS OF SAID CITY IN THE PRINCIPAL
AMOUNT OF FIVE HUNDRED THOUSAND $500,000.00) DOLLARS,
MATURING SERIALLY WITHIN THIRTY 30) YEARS FROM THEIR DATE
OR DATES, AND TWARING INTEREST AT NOT EXCEED ING THE MAXC-
NUM RATE OF FIVE (5%) PERCENT PER ANNUM AS PROVIDES BY THE
CITY CHARTER, ALL TO H5 DETERMINED BY THE CITY COUNCIL,
FOR THE PURPOSE OF CONSTRUCTING AHD EQUIPPING A CITY HALL
FOR SAID CITY, AND TO LEVY ANNUAL AD VALOREM TAXES SUFFI-
CIENT TO PAY THE INTIINffiT ON SAID BONDS AS IT ACCRUES AND
TO CREATE A SINKING FUND FOR THE REDEMPTION OF SAID BONDS
AS THEY MATURE.
PROPOSITION NO. SEVEN
SHALL THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI BE
AUTHORIZED TO ISSUE THE BONDS OF SAID CITY IN THE PRINCI-
PAL AMOUNT OF ONE MILLION FOUR HUNDRED THOUSAND
($1,400,000.00) DOLLARS, MATURING SERIALLY WITHIN THIRTY
(30) YEARS FROM THEIR DATE OR DATES, AMID SEARING INTEREST
AT NOT EXCEEDING THE MAXIMUM RATE OF FIVE (5¢) PERCENT
PER ANNUM AS PROVIDED BY THE CITY CHARTER, ALL TO BE DETER-
MINED BY THE CITY COUNCIL, FOR THE PURPOSE OF CONSTRUCTING
AND EQUIPPING A MUNICIPAL AUDITORIUM AND ASSEMBLY HALL FOR
SAID CITY, AND TO LEVY ANNUAL AD VALOREM TAXES SUFFICIENT
TO PAY THE INTEREST ON SAID BONDS AS IT ACCRUES AND TO
CREATE A SINKING FUND FOR THE REDEMPTION OF SAID BONDS AS
THEY MATURE.
PROPOSITION NO. EIGHT
SHALL THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI BE
AUTHORIZED TO ISSUE THE BONDS OF SAID CITY IN THE PRIN-
CIPAL AMOUNT OF THREE HUNDRED AND FIFTY THOUSAND
($350,000.00) DOLLARS, MATURING SERIALLY WITHIN THIRTY
30) YEARS FROM THEIR DATE OR DATES, AND BEARING INTEREST
AT NOT EXCEEDING THE MAXIMUM RATE OF FIVE (5%) PERCENT
PER ANNUM AS PROVIDED BY THE CITY CHARTER, ALL TO FAT DE-
TERMINED BY THE CITY COUNCIL, FOR THE PURPOSE OF ACQUIRING,
IMPROVING, ENLARGING AND EQUIPPING A PUBLIC LIBRARY FOR SAID
CITY, AND TO LEVY ANNUAL AD VALOREM TAXES SUFFICIENT TO PAY
THE INTEREST ON SAID BONDS AS IT ACCRUES AND TO CREATE A
SINKING FUND FOR THE REDEMPTION OF SAID BONDS AS THEY
MATURE.
PROPOSITION NO. NINE
SHALL THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI BE
AUTHORIZED TO ISSUE THE BONDS OF SAID CITY IN THE PRINCI-
PAL AMOUNT OF ONE HUNDRED THOUSAND ($100,000.00) DOLLARS,
MATURING SERIALLY WITHIN THIRTY (30) YEARS FROM THEIR DATE
OR DATES, AND BEARING INTEREST AT NOT EXCEEDING THE MAXIMUM
RATE OF FIVE (5%) PERCENT PER ANNUM AS PROVIDED BY THE CITY
CHARTER, ALL TO BE DETERMINED BY THE CITY COUNCIL, FOR THE
PURPOSE OF CONSTRUCTING AND EQUIPPING FIRE STATIONS FOR SAID
CITY, AND TO LEVY ANNUAL AD VALOREM TAXES SUFFICIENT TO PAY
THE INTEREST ON SAID BONDS AS IT ACCRUES AND TO CREATE A
SINKING FUND FOR THE REDEMPTION OF SAID BONDS AS THEY MATURE.
PROPOSITION NO. TEN
SHALL THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI BE
AUTHORIZED TO ISSUE THE BONDS OF SAID CITY IN THE PRINCI-
PAL AMOUNT OF ONE HUNDRED AND FIFTY THOUSAND ($150,000.00)
DOLLARS, MATURING SERIALLY WITHIN THIRTY (30) YEARS FROM
THEIR DATE OR DATES, AND BEARING INTEREST AT NOT EXCEEDING
THE MAXIMUM RATE OF FIVE (5%) PERCENT PER ANNUM AS PROVIDED
BY THE CITY CHARTER, ALL TO BE DETERMINED BY THE CITY COUN-
CIL, FOR THE PURPOSE OF PURCHASING AND IMPROVING LANDS FOR
PARK PURPOSES FOR SAID CITY, AND TO LEVY ANNUAL AD VALOREM
TAXES SUFFICIENT TO PAY THE INTEREST ON SAID BONDS AS IT
ACCRUES AND TO CREATE A SINKING FUND FOR THE REDEMPTION OF
SAID BONDS AS THEY MATURE.
PROPOSITION NO. ELEVEN
SHALL THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI BE
AUTHORIZED TO ISSUE THE BONDS OF SAID CITY IN THE PRINCIPAL
AMOUNT OF ONE HUNDRED THOUSAND ($100,000.00) DOLLARS, MA-
TURING SERIALLY WITHIN THIRTY (30) YEARS FROM THEIR DATE
OR DATES, AHD BEARING INTEREST AT NOT EXCEEDING THE MAXI-
MUM RATE OF FIVE (5%) PERCENT PER ANNUM AS PROVIDED BY THE
CITY CHARTER, ALL TO BE DETERMINED BY THE CITY COUNCIL,
FOR THE PURPOSE OF PURCHASING AND INSTALLING A STREET TRAFFIC
CONTROL SYSTEM Pon SAID CITY, AND -TO LEVY ANNUAL AD VALOREM
TAXES SUFFICIENT TO PAY THE INTEREST ON SAID BONDS AS IT
ACCRUES AND TO CREATE A SINKING FUND FOR THE REDEMPTION OF
SAID BONDS AS THEY MATURE:
and
WHEREAS, there were cast at said election
25,128 votes,
of which number there were cast:
PROPOSITION NO. ONE
FOR THE ISSUANCE OF $860,000 SANITARY SEWER
SYSTEM REVENUE BONDS
2009 votes
AGAINST THE ISSUANCE OF $860,000 SANITARY
SEWER SYSTEM REVENUE BONDS
266 votes
MAJORITY FOR THE ISSUANCE OF
$860,000 -sDffT-A-Ry--gMM SYSTEM REVENUE BONDS
1743 votes
PROPOSITION NO. TWO
FOR THE ONCE OF $140,000 GAS SYSTEM
REVENUE
1942 votes
AGAINST THE ISSUANCE OF $140,000 GAS SYS-
TEM REVENUE BONDS
330 votes
MAJORITY FOR - THE ISSUANCE OF
$140,000 GAS T REVENUE BONDS
1612 votes
PROPOSITION NO. THREE
FOR THE ISSUANCE OF $1,400,000 STORM SEWER
1950 votes
AGAINST ISSUANCE OF $1,400,000 STORM
SEWER TY
325 votes
MAJORITY FOR . THE ISSUANCE OF
$1,400,OOS-sT(5RM gEW ER Bons
1625 votes
PROPOSITION NO. FOUR
FOR THE ISSUANCE OF $600,00o STREET IMPRovE-
KENT BONDS
2001
votes
AGAINST THE ISSUANCE OF $600,000 STREET
IMPROVEMENT BONDS
281
votes
MAJORITY FOR THE ISSIIANCE OF
$600,000 F,T oVFMENT BONDS
1720 votes
PROPOSITION NO. FIVE
FOR THE ISSUANCE OF $250,000 POLICE BUILD-
ING BONDS
1670 votes
AGAINST THE ISSUANCE OF $250,000 POLICE
BUILDING BONDS
617 votes
MAJORITY FOR THE ISSUANCE OF
$250,000 0 Cg U LDING BONDS
1053 votes
PROPOSITION NO. SIX
FOR THE ISSUANCE OF $500,000 CITY HALL
BONDS
1522 votes
AGAINST THE ISSUANCE OF $500,000 CITY
HALL BONDS
772 votes
MAJORITY FOR THE ISSUANCE OF
$500,000 C T�BONDS
750 votes
PROPOSITION N0. SEVEN
FOR THE ISSUANCE OF $1,400,000 AUDITORIUM
AND ASSEMBLY HALL BONDS
1545 votes
AGAINST THE ISSUANCE OF $1,400,000 AUDI -
TORIUM AND ASSEMBLY HALL BONDS
752 votes
MAJORITY FOR THE ISSUANCE OF
$1,400,000 AUD OR AND ASSEMBLY HALL
BONDS
793 votes
PROPOSITION NO. EIGHT
FOR THE ISSUANCE OF $350,000 PUBLIC LISARY
BONDS
1484 votes
AGAIN THE ISSUANCE OF $350,000 PUBLIC
LIBRARY BONDS
809 votes
MAJORITY FOR THE ISSUANCE OF
$350,000 PUBLIC LIERARY BONDS
675 votes
PROPOSITION NO. NINE
FOR THE ISSUANCE OF $100,000 FIRE STATION
BONDS
1846 votes
AGAINST THE ISSUANCE OF $100,000 FIRE
STATION BONDS
434 votes
MAJORITY FOR THE ISSUANCE OF
$100,000 ESP T ON"BONDS
1412. votes
PROPOSITION NO. TEN
FOR THE ISSUANCE OF $150,000 PUBLIC PARKS
BONDS 1650 votes
AGAINST TBE ISSUANCE OF $150,000 PUBLIC
PARKS BONDS 632 votes
MAJORITY FOR THE ISSUANCE OF
$150,000 Wa-frS BONDS 1018 votes
PROPOSITION NO. ELEVEN
FOR THE ISSUANCE OF $100,000 STREET TRAFFIC
CONTROL SYSTEM BONDS 1826 votes
AGAINST THE .ISSUANCE OF $100,000 STREET
TRAFFIC CONTROL SYSTEM BONDS 465 voted
MAJORITY FOR THE ISSUANCE OF
$100,000 STREET TRAFFIC CONTROL SYSTEM
BONDS 1361 votes
as shown in the official election returns heretofore submitted to
this City Council and filed with the City Secretary; Therefore
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRIST--,
TEXAS:
Section 1: That said election was duly called and notice thereof
given in accordance with law; that said election was held in the
manner required by law; that due returns of said election have been
made by the proper officers; that said election has resulted favor-
ably to the issuance of the bonds described in each of said prop -
ositiona and that a majority of the qualified voters voting at said
election have voted in favor of the issuance of the bonds described
in each of said propositions.
Section 2: That the City Council is now authorized to issue all
of said bonds and to do any and all things necessary and convenient
in connection therewith.
(Section 3: That the great pressing needs for the improvements to be
(constructed by use of the proceeds of said issues of bonds create
an emergency and an imperative public necessity requiring the sus-
pension of rules and charter provisions requiring same to be con-
sidered and voted upon at three (3) regular meetings, and such fac
require that this ordinance be passed and take effect immediately
as an emergency measure, and such rules and provisions are hereby
suspended and this ordinance is passed and shall take effect as an
emergency measure, and shall be in full force and effect immediate
ly upon its passage.
PASSED and APPROVED this the Ad - day of December, 1949.
Mayor, C Ity of orpus CRrIsff, Texas
ATTEST:
APPROVED AS TO form and legality
prior to passage
C y Ornet
e9,
Corpus Christi, Texas
" ,1949
TO THE MENEBERS OF THE CITY COUNCIL
Corpus Christi, Texas _
Gentlemen.-
For the reason set forth in the emergency clause, Section 2
of the ordinance entitled 'Ordinance canvassing returns and declaring the re-
sults of an election held on the 17th day of Decem:er, 1949, and declaring an
emergencyt, the proposed ordinance meets a public emergency and I request that
it be passed finally on the date introduced. -
RReespeect
y� ,
N MAYO
City of Corpus Christi, Texas,
The Charter rule was suspended by the following vote:
Leslie Wasserman
Jack DgForrestn
Barney Cott
Sydney E. Herndon
George L. Lowman
V
(1yt_J
The above ordinance was passed
by the following vote;
Leslie Wasserman
Jack DeForreat
Barney Cott
Sydney E. Herndon
n`
George L. ➢owman
Qup ,