HomeMy WebLinkAbout03311 ORD - 08/19/1952ORDINANCE NO.
AN ORDINANCE AWARDING SALE OF ONE HUNDRED FIFTY THOUSAND
($150,000.00) DOLLARS PUBLIC PARK BONDS; AND DECLARING
AN EMERGENCY
WHEREAS, THE SALE OF ONE HUNDRED FIFTY THOUSAND ($150,000.00) DOLLARS
CFTY OF CORPUS CHRISTI PUBLIC PARKIBONDS, SERIES 1952 SHOULD BE AWARDED; THERE-
FORE,
BE IT
ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS
CHRISTI, TEXAS:
SECTION 1:
THAT THE SALE OF ONE HUNDRED FIFTY THOUSAND (150,000.00) CITY OF
CORPUS CHRISTI PUBLIC PARK BONDS, SERIES 1952 AT A PRICE EQUAL
TO THE PRINCIPAL
AMOUNT PLUS
ACCRUED INTEREST THEREON FROM THE DATE OF SAID BONDS TO THE DATE
OF ACTUAL DELIVERY OF SUCH BONDS 15 HEREBY AWARDED TO THE FOLLOWING INTEREST
AND SINKING
FUNDS OF THE CITY OF CORPUS CHRISTI, TEXAS:
PRINCIPAL AMOUNT OF
FUND NO.'
NAME BONDS TO BE PURCHASED
300
REFUNDING BONDS, SERIES 1936
$ 30,000.00
303
STORM SEWER BONDS, SERIES 1950
10,000.00
310
SANITARY $EWER IMPROVEMENT AND
EXTENSION BONDS, SERIES 1940
10,000.00
315
STREET IMPROVEMENT BONDS, SERIES 1940
7,000.00
326
CITY HALL BONDS, SERIES 1950
3,000.00
330
STREET IMPROVEMENT BONDS, SERIES 1946
13,000.00
335
HOSPITAL BONDS, SERIES 1941
7,000.00
375
CIVILIAN DEFENSE EMERGENCY BONDS,
4,000.00
SERIES 1942
7
STORM SEWER IMPROVEMENT BONDS, SERIES 1948
11,000.00
39$
SANITARY SEWER IMPROVEMENT BONDS, SERIES 1948
12,000.00
399
STREET IMPROVEMENT BONDS, SERIES 1948
9,000.00
302
POLICE BUILDING BONDS, SERIES 1950
5,000.00
304
STREET TRAFFIC CONTROL BONDS, SERIES 1950
2,000.00
331
STREET IMPROVEMENT BONDS, SERIES 1950
5,000.00
381
STREET IMPROVEMENT BONDS, SERIES 1951
1951
7,000.00
5,000.00
382
AIRPORT IMPROVEMENT BONDS, SERIES
38
SANITARY SEWER IMPROVEMENT BONDS, SERIES 1951
,000.00
39
STORM SEWER IMPROVEMENT BONDS, SERIES 1951
,000.00
396
PARK IMPROVEMENT BONDS, SERIES 1948
3,000.00
SECTION 2. THAT THE GREAT PUBLIC IMPORTANCE AND THE GREAT PRESSING NEED FOR
THE PERMANENT IMPROVEMENTS TO BE CONSTRUCTED BY USE OF THE PROCEEDS OF SALE OF
SAID BONDS HEREINABOVE MENTIONED CREATE AN EMERGENCY AND AN IMPERATIVE PUBLIC
NECESSITY REQUIRING THE SUSPENSION OF RULES AND CHARTER PROVISIONS REQUIRING
ME
331
SAME TO BE CONSIDERED AND VOTED UPON AT THREE (3) REGULAR MEETINGS, AND SUCH
FACTS REQUIRE THAT THIS ORDINANCE BE PASSED AND TAKE EFFECT IMMEDIATELY AS AN
EMERGENCY MEASURE, AND THE MAYORS DECLARING SUCH EMERGENCY AND NECESSITY TO
EXISTS HAVING REQUESTED THE SUSPENSION -OF SAID RULES, 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 PASSED AND
APPROVED, THIS THEDAY OF A.D. 1952.
'C
YOR _iLB
A ESTED: � CITY OF C CHRISTI TEXAS
CITY SECRETARY
APPRO ED AS TO F M:
CITY ATTORNFA
-2-
-„w -
Corpus Christi, Texas
19
TO TUE MENMERS OF T11E 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 suspen-
sion 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,
S
6$OR*
City of us Christi, Texas
The Charter rule was suspended by the following vote:
Leslie Wasserman+*'
Jack DeForrest
Sydney E. Herndon
George L. Lowman
Frank E. Williamson.
The above ordinance was passed by
the following vote:
Leslie Wasserman
Jack DeForrest
e
Sydney E. Herndon
--CP
George L. Lowman
Frank E. Williamson
ckd�
�31r