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HomeMy WebLinkAbout03691 ORD - 03/17/1954THE STATE OF TEXAS COUNTY OF NUECFS CITY OF CORPUS CHRISTI On this the ! day of March, 1954, the City Council of the City of Corpus Christi, Texas, convened in ,,i.,,�°_; meeting, with the following members of said Council present, to' -wit: A. A. Lichtenstein, Mayor, J. S. Naismith, Ellroy King, Commissioners, P. C. Callaway, W. James Brace, T. Ray Kring, City Secretary, Russell E. McClure, City Manager, I. M. Singer, City Attorney, with the following absent: ;..., constituting a quorum, at which time the f911owing among other business was transacted: c Mr. presented for the consideration of the Council an ordinance. The ordinance was read by the City Secretary. The Mayor presented to the Council a co=mnication in writing pertaining to said proposed ordinance, as follows: Corpus Christi, Texas, March , , 195+• TO THE MEMBERS OF THE 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 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 introduced, or at the present meeting of the City Council. Respectfully, /s/ A. A. Lichtenstein, Mayor City of Corpus Christi, Texas. 11c q Commissioner „r, made a motion that the Charter provisions prohibiting ordinances from being passed finally on the date introduced be suspended for the reasons stated in the written request of the Mayor and stated in the emergency clause of the ordinance. The motion was seconded by Commissioner , The motion was carried by a unanimous vote by the City Council, viz: AYES: Commissioners Naismith, King, Callaway and Brace. NAYES: None. Commissioner ,f made a motion that the ordinance be passed finally. The motion was seconded by Commissioner The motion was carried by the following vote: Aye. This was done. APES: Commissioners Naismith, King, Callaway and Brace. NAYES: None. The Mayor requested that the records show that he voted The Mayor announced that the ordinance had been passed. The ordinance is as follows: ORDINANCE NO. -3G r%/ BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS, AUTHORIZING THE ISSUANCE OF CITY OF CORPUS CHRISTI, TEARS, GAS SYSTEM REVENUE BONDS, SERIFS 1954, IN THE AMOUNT OF FOUR HUNDRED THOUSAND ($ 400,000.00) DOLLARS, BEARING INTW WT AT THE RATES HEREINAFTER PROVIDED, BEING REDEEMABLE PRIOR TO MATURITY AT THE TIMES, PRICES AND IN THE MANNER PRE- SCRIBED IN THIS ORDINANCE; ISSUED FOR THE PURPOSE OF IMPROVING, REPAIRING AND SX'TENDING THE CITY'S GAS SYSTEM; TO BE SECURED BY AND PAYABLE FROM A PLEDGE OF THE NET REVENUES OF THE CITY'S GAS SYSTEM; PRO- VIDING THAT THE LIEN UPON THE REVENUES SECURING SUCH BONDS SHALL BE OF EQUAL DIGNITY AND ON A PARITY WITH THE PLEDGE SECURING $1,000,000.00 CITY OF CORPUS CHRISTI, TEXAS, GAS SYSTEM REVENUE BONDS, SERIES 1950; MAKING CERTAIN COVENANTS OF THE CITY IN REFERENCE TO THE BONDS AND THE BOND FUND FROM WHICH SAID PRINCIPAL AI® INTEREST IS TO BE PAID; ENACTING OTHER PROVISIONS RELATING TO THE SUBJECT AND DECLARING AN EMERGENCY. WHEREAS, the City of Corpus Christi, Texas, has heretofore authorized the issuance of $1,000,000.00 of City of Corpus Christi Gas System Revenue Bonds, Series 1950, dated January 15, 1950, said bonds being secured by and payable from the net revenues derivable from the City's Gas System; and with law; and WHEREAS, such bonds were issued and sold in accordance WHEREAS, the ordinance authorizing such Revenue Bonds provides that additional bonds secured solely by a pledge of the net revenues of said Gas System may be issued while said Series 1950 Revenue Bonds are out- standing for the purpose of making improvements, repairs and extensions to the City's Gas System, and that the payment of such additional bonds may be secured by a lien upon the revenues of such gas System of equal dignity and on a parity with the lien securing the Series 1950 Revenue Bonds, provided that no such additional bonds shall be issued in an amount and under terms and conditions which would cause the aggregate of all annual pledges securing said Series 1950 Revenue Bonds and additional bonds to exceed Fifty Seven and one -tenth (57.1%) per cent of the average annual net revenues of the City's Municipal Gas System for five fiscal years next preceding; and WHEREAS, it was found necessary to immediately improve, repair and extend the City's Gas System; and WHEREAS, pursuant to such finding, the City Council of the City of Corpus Christi, Texas, passed an ordinance on November 5, 1953, calling an election on the following proposition: ; and PRCPOSITION No. 3 "Shall the City Council of the City of Corpus Christi, Texas, be authorized to issue the bonds of said City in the amount of $1,000,000.00, maturing serially in such installments as may be fixed by the City Council, the maximum maturity, being not more than Thirty (30) years from their date, bearing interest at a rate not to exceed Five (5 %) per cent per annum, for the purpose of improving, re- pairing and extending the City's Gas System, to be issued in accordance with and secured in the manner provided in Articles 1111 -1118, both inclusive, of the Revised Civil Statutes of Texas, 1925, as amended, and as permitted by the ordinance authorizing the presently outstanding gas system revenue bonds, each bond to be conditioned that the holder thereof shall never have the right to demand Payment of said obligations out of funds raised or to be raised by taxation, secured by a pledge of the net revenues from the operation of said system." WBEPJIAS, at the election held in said City on the 24th day of November, 1953, a majority of the resident, qualfied electors owning taxable property in said City and who had duly rendered the same for taxation, voting at said election sustained the proposition to issue the bonds hereinafter described by the f ollowing vote: "FOR THE ISSUANCE OF GAS SYSTEM REVENUE BONDS" 2969 votes; "AGAINST THE ISSUANCE OF GAS SYSTEM REVENUE BONDS" 1920 Votes; and WHEREAS, it is determined that only $40o,Oo0.00 of said authorized bonds be issued and sold at this time, the remaining $600,000.00 of such bonds to be issued at a later date as and when needed and as con- ditione will permit; and WHEREAS, it has been determined that the aggregate of all annual pledgee securing the Series 1950 Revenue Bonds and the additional bonds hereafter authorized to be issued will not exceed Fifty Seven and one -tenth (57.1%) per cent of the average annual net revenues of the City's Municipal Gas System for the five (5) fiscal years next preceding the date of the issu- ance of such additional bonds; and WHEREAS, it is deemed advisable, expedient and necessary that such additional bonds now be issued; BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: 1. That the bonds of the City of Corpus Christi, Texas, be issued in the principal amount of Four Hundred Thousand ($400,000.00) Dollars to be known and designated as "City of Corpus Christi, Texas, Gas System Revenue Bonds, Series 1954 ", for the purpose of improving, repairing and extending the City's Gas System, under and in strict conformity with the Constitution and Laws of the State of Texas, particularly Articles 3.111 to 1118, both inclusive, of the Revised Civil Statutes of Texas, 1925, as amended, and the Charter of said City. 2. Said Bonds shall be dated January 15, 1954, shall be numbered from One (1) to Four Hundred (400), both inclusive, shall be in the denomination of One Thousand ($1,000.00) Dollars each, aggregating Four Hundred Thousand ($400,000.00) Dollars, and shall become due and payable on the 15th day of January in each of the years and in the respective amounts shown in the following schedule, to -wit: : u Uli���RK 1 to 15, both incl., 16 to 30, " " 31 to 45, " " 46 to 6o, " 61 to 75, " 76 to 9p, " 91 to 110, 111 to 130, 131 to 150, " 151 to 170, " 171 to 190, 191 to 210, 211 to 230, " 231 to 250, 251 to 270, " 271 to 290, 291 to 310, 311 to 340, " 341 to 370, " 371 to 400, 3. MATURITY DATES January 15, 1955, $ 15,000.00 January 15, 1956, 15,E -00 January 15, 1957, 15,000.00 January 15, 1958, 15,000.00 January 15, 1959, 15,000.00 January 15, 1960, 15,000.00 January 15, 1961, 20,000.00 January 15, 1962, 20,000.00 January 15, 1963, 20,000.00 January 15, 1964, 20,000.00 January 15, 1965, 20,000.00 January 15, 1966, 20,000.00 January 15, 1967, 20,000.00 January 15, 1968, 20,000.00 January 15, 1969, 20,000.00 January 15, 1970, 20,000.00 January 15, 1971) 20,000.00 January 15, 1972, 30,000.00 January 15, 1973, 30,000.00 January 15, 1974, 30,000,00 In Bonds Numbers One Hundred Seventy One (171) to Four Hundred (400), both inclusive, the City expressly reserves the option of redeeming each such bond, in inverse numerical order, on January 15, 1964, or on any interest payment date thereafter, at a price of par and accrued interest to the date so fixed for redemption, plus the following premiums: * if redeemed January 15, 1964 or July 15, 1964; 2% if redeemed January 15, 1965 or July 15, 1965; 1J% if redeemed January 15, 1966 or July 15, 1966; 1% if re- deemed January 15, 1967 or July 15, 1967; -N if redeemed January 15, 1968 or July 15, 1968 and without premium if redeemed on and after January 15, 1969- If the City elects to redeem all or any part of said bonds, notice in writing thereof shall be given to each of the banlsk; at which said bonds are payable and by publication at least one time each in the official newspaper of the City of Corpus Christi, Texas, and in a financial journal published in the City of Chicago, State of Illinois, which notice shall be mailed to each of said banks, properly stamped and addressed, and published in said newspaper and financial journal at least thirty (30) days prior to the date fixed for redemption. When said bonds have been called for redemption and notice thereof given as herein specified and due provision has been made to redeem the same, the right of the owners and holders to collect interest on said bonds which would otherwise accrue after the redemption date shall terminate as of the date fixed for redemption. 4. Said bonds shall bear interest at the following rates: Bonds Nos. 1 to 170, both incl., 2j% per annum; Bonds Nos. 171 to 250, " 1.90% per annum; Bonds Nos. 251 to 310, " 2.10'% per annum; Bonds Nos. 311 to 400, " 2.20, per annum, Payable July 15, 1954, and semi - annually thereafter on January 15th and July 15th of each year until the principal sum is paid. Both principal and inter- est shall be payable in lawful money of the United States of America at Harris Trust & Savings Bank, Chicago, Illinois, or, at the option of the holder, at the Corpus Christi National Bank, Corpus Christi, Texas, and in- terest falling due on and prior to maturity shall be payable only upon presentation and surrender of the interest coupons attached to said bonds as they severally become due. 5• That each of said bonds shall be signed by the Mayor, countersigned by the City Secretary, and the corporate seal of said City shall be impressed upon each of them. The facsimile signatures of the Mayor and City Secretary may be lithographed, engraved or printed upon the coupons attached to said bonds and shall have the same effect as if they had been signed by said officers. 6. The form of said bonds shall be substantially as follows: NO. $1,000.00 UNITED STATES OF AMERICA STATE OF TEXAS COUNTY OF NUSCES CITY OF CORPUS CHRISTI GAS SYSTEM REVENUE BOND szRim 1954 The City of Corpus Christi, in the County of Nuaces, State of Texas, for value received, hereby acknowledges itself indebted to and promises to pay to bearer on the 15th day of January, 19 , solely from the special fund hereinafter specified, the sum of ONE THOUSAND DOLLARS with interest thereon from date at the rate of (*%) per cent per annum, interest payable on the 15th day of July, 1954, and semi - annually thereafter on January 15th and July 15th of each year until the principal sum shall be paid. Interest falling due on and prior to maturity is payable only upon presentation and surrender of the interest coupons hereto attached as they i severally become due and all interest shall be payable only from the special fund hereinafter specified. Both principal and interest are payable in lawful money of the United States of America at Harris Trust & Savings Bank, Chicago, Illinois, or, at the option of the holder, at the Corpus Christi National Bank, Corpus Christi, Texas. The date of this bond in conformity with the ordinance hereinafter mentioned is January 15, 1954. This bond is one of a series of Four Hundred (400) bonds of like date and tenor, except as to number, interest rate, maturity and right of prior redemption, numbered from One (1) to Four Hundred (4Q0), both in- clusive, in the denomination of One Thousand ($1,000.00) Dollars each, aggre- gating Four Hundred Thousand ($400,000.00) Dollars, (being part of a total authorized issue aggregating $1,000,000.00), and issued for the purpose of improving, repairing and extending the City's Gas System, under and in strict conformity with the Constitution and lava of the State of Texas, particularly Articles 1111 to 1118, both inclusive, Revised Civil Statutes of Texas, 1925, as amended, and the Charter of said City, and by authority of a vote of the duly qualified resident electors of said City who owned taxable property with- in said City and who had duly rendered the same for taxation, at an election held on November 24, 1953, and pursuant to an ordinance passed by the City Council of the City of Corpus Christi, Texas, and duly recorded in the minutes of said City Council. * *(In Bonds numbered One Hundred Seventy One (171) to Four Hundred (400), both inclusive, the City expressly reserves the option of re- deeming each such bond, in inverse numerical order, on January 15, 1964, or on any interest payment date thereafter, at a price of par and accrued inter- est to the date so fixed for redemption, plus the following premiums: 2 if redeemed January 15, 1964 or July 15, 1964; 2% if redeemed January 15, 1965 or ;July 15, 1965; lj% if redeemed January 15, 1966 or July 15, 1966; 1% if re- :deemed January 15, 1967 or July 15, 1967; if redeemed January 15, 1968 or July 15, 1968 and without premium if redeemed on and after January 15, 1969. If the City elects to redeem all or any part of said bonds, notice in writing thereof shall be given to each of the banks at Which said bonds are payable and by publication at least one time each in the official newspaper of the City of Corpus Christi, Texas, and in a financial ,journal published in the City of Chicago, State of Illinois, which notice shall be mailed to each of said banks, properly stamped and addressed, and published in said newspaper and financial journal at least thirty (30) days prior to the date fixed for redemption. When said bonds have been called for redemption and notice thereof given as herein specified and due provision has been made to redeem the same, the right of the owners and holders to collect interest on said bonds which would otherwise accrue a fter the redemption date shall terminate as of the date fixed for redemption.) Each successive holder of each of the coupons hereto attach- ed is conclusively presumed to forego and renounce his equities in favor of sub- sequent holders for value without notice, and to agree that this bond and each of the coupons hereto attached, may be negotiated by delivery by any person having possession thereof, howsoever such possession may have been acquired, and' that any holder who shall have taken this bond or any of the coupons from any person for value and without notice,thereby has acquired absolute title thereto,! free from any defenses enforceable against any prior holder and free from all equities and claims of ownership of any such prior holder. The City of Corpus ;Christi and its officials and fiscal agent shall not be affected by any notice to the contrary. The City reserves the right to issue the remaining $600,000.00 Revenue Bonds authorized at the election held in said City on the 24th day of November, 1953, and additional parity revenue bonds, under the con- ditions stated in the ordinance authorizing this bond and the ordinance authoriz ing City of Corpus Christi Gas System Revenue Bonds, dated January 15, 1950, said bonds to be payable from the same source as are the Bonds of this issue and the Gas System Revenue Bonds dated January 15, 19505 secured by the same revenues, and shall be on a parity with this issue of bonds and the Gas System Revenue Bonds, dated January 15, 1950. This bond shall not be deemed to constitute a debt of the City of Corpus Christi nor a pledge of its faith and credit, but together with City of Corpus Christi Gas System Revenue Bonds, dated January 15, 1950, shall be payable as to principal and interest solely from the net revenues derived from the operation of the City's Gas System, including all additions, extensions, extensions and improvements thereto which may hereafter be made, after deduction of the reasonable expenses of maintenance and operation of said system. The holder hereof shall never have the right to demand payment of this obligation out of any funds raised or to be raised by taxation. IT IS HEREBY CERTIFIED, RECITED AND REPRESENTED that the issuance of this bond and the series of which it is a part is duly authorized by law; that all act *, conditions and things required to exist and to be done precedent to and in the issuance of this series of bonds to render the same lawful and valid, have been properly done and performed and have happened in regular and due time, form and manner, as required by law; that due provision has been made for the payment of the principal and interest of this bond and the series of which it is a part by irrevocably pledging the net revenues of said Gas System; and that the issuance of this series of bonds does not exceed any Constitutional or Statutory limitation. IN TESTIMONY WBEREOF, the City Council of the City of Corpus Christi, Texas, has caused the corporate seal of said City to be affixed hereto and this bond to be signed by the Mayor of said City, counter- signed by the City Secretary, and has caused the annexed coupons to be signed by the facsimile signatures of said Mayor and City Secretary, all as of the 15th day of January, 1954• Mayor, City of Corpus Christi, Texas. CODPTERSIGNED: City Secretary, City of Corpus Christi, Texas. *(Bonds Nos. 1 to 170, both incl., 21,% per annum; Bonds Nos. 171 to 250, " 1.90% per annum; Bonds Nos. 251 to 310, " " 2.10% per annum; Bonds Nos. 311 to 400, " " 2.20%i per annum.) *-*(This paragraph should be omitted from Bonds Nos. 1 to 170, both inclusive). 7. The form of coupon to be attached to said bonds shall be substantially as follows: NO. $ ON THE 15TH DAY OF 19 The City of Corpus Christi, in the County of Nueces, State of Texas, promises to pay to bearer *(unless the bond to which this coupon is attached has been called for previous redemption and due provision made to redeem eame), at Harris Trust & Savings Bank, Chicago, Illinois, or, at the option of the holder, at the Corpus Christi National Bank, Corpus Christi, Texas, the sum of ($ ) Dollars in lawful money of the United States of America, solely from the special fund specified in the bond to which this coupon is attached, said sum being the interest due that day on "City of Corpus Christi, Texas, Gas System Revenue Bond, Series 1954 ", dated January 15, 1954. The holder hereof shall never have the right to demand payment of this obligation out of any funds raised or to be raised by taxation. Bond No. Mayor, City of Corpus Christi, Texas. City Secretary, City of Corpus Christi, Texas. *(This parenthetical expression shall be printed only in coupons maturing July 15, 1964, and subsequent). 8. That substantially the following certificate shall be printed on the back of each of said bonds: OFFICE OF COMPTROLLER REGISTER NO. STATE OF TEXAS I HEREBY CERTIFY that there is on file and of record in my office a certificate of the Attorney General of the State of Texas to the effect that this bond has been examined by him as required by law, and that he finds that it has been issued in conformity with the Constitution and laws of the State of Texas, and is a valid and binding special obligation of said City of Corpus Christi, Texas, payable from revenues pledged to its payment by and in the ordinance authorizing same, and said bond has this day been registered by me. WITNESS MY HAND and seal of office at Austin, Texas, Comptroller of public Accounts of the State of Texas. 9• DEFINITIONS: The term "System" as used in this ordinance shall mean and include the entire Municipal Gas System of the City of Corpus Christi, Texas, including real estate, personal and intangible properties, whether lying within or without the boundaries of the City, together with all additions and extensions thereto and improvement and replacements thereof hereafter constructed or acquired. The term "Net Revenues" as used herein shall mean the Gross revenues from the System after deduction of the reasonable expense of operation and maintem nee thereof, including all salaries, labor, materials, interest, repairs and extensions necessary to render efficient service and every proper item of expense as provided by Article 1113 of the Revised Civil Statutes of Texas, 1925, as amended. The term "Bonds" as used herein shall mean the Four Hundred Thousand ($40o,0oo.00) Dollars revenue,Bonds authorized by this ordinance. The term "1950 Bonds" as used herein shall mean the "City of Corpus Christi Gas System Revenue Bonds" dated January 15, 1950, originally issued in the amount of $1,000,000.00, of which issue $800,000.00 are outstanding. 10. PLEDGE OF REVENUES: The Net Revenues of the System are irrevocably pledged to the payment of principal of and interest on the Bonds authorized by this ordinance and said 1950 Bonds. For the benefit of the original purchasers of the Bonds and the 1950 Bonds and for the benefit of any a id all subsequent holders of said bonds, coupons, or any part thereof, and in addition to all other provisions and covenants in the laws of the State of Texas and in this ordinance, it is expressly stipulated: A. RATES: The City shall fix and maintain rates and collect charges for the facilities and services afforded by the system, which will provide revenues sufficient at all times; (1) To pay for all operation, maintenance, depreciation, replacement and betterment charges of the system; (2) To establish and maintain the Bond Fund, includ- ing the Reserve Account; (3) To establish and maintain the Operating Reserve Fund; (4) To pay any indebtedness other than the Bonds and the 1950 Bonds against the System, as and when the same becomes due. Provided also that no free service of the System shall be I allowed and should the City or any of its agencies or instru- mentalities make use of the services and facilities of the System, payment of the reasonable value thereof shall be made by the City out of the funds derived from sources other than the revenues and income of the System. B. USE OF REVENUES The City will deposit as collected all revenues derived from the operation of the system into a.separate account (herein called the "Gas System Fund" or the "System Fund" which shall be kept separate and apart from all other funds of the City. 11. All of the terms, provisions, covenants and conditions' contained in the ordinance passed January 12, 1950, authorizing the issuance of $1,000,000.00 Gas System Revenue Boade, dated January 15, 1950, shall be and are hereby made applicable to the Bonds authorized by this ordinance except that the provisions thereof relating to payments to be made into the Bond Fund (including the Reserve Account) shall be increased in amounts suffi- cient to meet prompt3y the requirements for the payment of principal and inter- est on the Bonds and the establishment of a twenty (20%) per cent reserve for such debt service requirements. 12. It is expressly provided that the additional parity revenue bonds referred to in Section 9 c of said ordinance of January 12, 1950, shall include the $600,000.0o of gas system revenue bonds voted November 24, 1953) not being issued at this time, and that such unissued bonds later may be issued under the terms and conditions set forth in said Section 9 c. 13• The City further covenants by and through this ordinance as follows: (A) That the revenue bonds authorized hereunder shall be special obligations of the City, and the holder thereof shall never have the right to demand payment thereof out of funds raised or to be raised by tax- ation. (B) That it has the lawful power to pledge the revenues supporting this issue of bonds and has lawfully exercised said power under the Constitution and lave of the State of Texas, including power existing under Articles 1111 to 1118, both inclusive, Revised Civil Statutes of Texas, 1925, with amendments thereto; and by authority of a majority of the qualified elect- ors of said City voting at an election held on the 24th day of November, 1953; that the bonds issued hereunder together with the 1950 Bonds shall be ratably secured under said pledge of income, in such manner that one bond shall have no preference over any other bond of said issue or issues. (C) That other than for the payment of the 1950 Bonds and the Bonds herein provided to be issued, the rents, revenues and income of said System are not in any manner pledged to the payment of any debt or obligation of the City nor of said System. (D) In addition to the moneys to be paid into the Bond Fund from the revenues produced by said System, the City will pay into said Fund the money represented by interest accrued on said bonds from their date to the date of delivery to the purchasers thereof. 14. It shall be the duty of the Mayor to submit the record of said Bonds and the Bonds to the Attorney General of the State of Texas for approval and thereafter to have them registered by the Comptroller of Public Accounts of the State of Texas. 15. The sale of said Bones to Lentz, Newton and Company, San Antonio, Texas, at a price equal to the principal amount with accrued interest thereon from the date of the Bonds to the date of actual delivery, plus a premium of $24.00 is hereby approved, ratified and confirmed. When said Bonds have been approved by the Attorney General of Texas and registered by the Comptroller of Public Accounts of Texas, they shall be delivered to the purchasers upon receipt of the purchase price. The Mayor and City Secretary are authorized and directed to do any and all things necessary or convenient to carry out the terms of said purchase. 16. That the public importance and the pressing need for the permanent improvements to be constructed with the use of the proceeds of said Bonds create an emergency and an imperative public necessity requiring the suspension of rules and Charter provisions requiring same to be consider- ed and voted upon at three regular meetings, and such facts 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 immediately upon its passage. s PASSED AND APPROVED )hi.s e J ,'T day o March, 1954. yor, ity or Corpus Christ Texas. ATTEST: X City Secretary; City of Corpus hristi, Texas. APPROVED AS TO FORM AND LEGALITY PRIOR TO PASSAGE: City Attorney, C ty, Corpus hr sti, Texas. (SEAL) CORPUS CHRISTI, TEXAS a� ,1956`. TO THE MEMBERS OF THE CITY COUNCIL CORPUS CHRISTI, TEXAS GENTLEMEN: FOR THE REASONS SET FORTH IN THE EMERGENCY CLAUSE OF THE FOREGOING-O- RDINANCE, 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 ORDINANCE FINALLY ON THE DATE IT IS INTRODUCED, OR AT THE PRESENT MEETING OF THE CITY COUNCIL. RESPECTFULLY, i MAYOR CITY OF CO S CHRISTI, TEXAS THE CHARTER RULE WAS SUSPENDED BY THE FOLLOWING VOTE: A. A. LICHTENSTEIN ELLROY KING P. C. CALLAWAY �nr JAMES S. NAISMtTH W. JAMES BRACE THE ABOVE ORDINANCE WAS PASSED BY THE FOLLOWING VOTE: A. A. LICHTENSTEIN !,r ELI-Roy KING P. C. CALLAWAY JAMES S. NAISMITH W. JAMES BRACEk..,[. -!.