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THE STATE OF TEXAS
COUNTY OF NUECES
CITY OF CORPUS Ct19ISTI
On this the day of December, 1954, the City Council
of the City of Corpus Christi, Texas, convened in /�- �+,"t+.lec��.� meeting,
with the following members of said Council present, to -wit:
P. C. Callaway, Mayor,
'nllroy Ling,
J. S. Nsismith,
Commissioners,
Frank Peterson,
W. James Brace,
T. Ray ::ring, Cimy Secretary,
Russell E. I•:cClure, City imager,
I. K. Singer, City Attorney,
and with the following absent: constituting
a quorum, at which time the following among other business was transacted:
JJ
�— Mr. ii to a .c presented for the consideration of
the Council a resolution. The resolution was read by the ay Secretary. The
Mayor presented to the Council a communication in writing pertaining to said
proposed resolution, as follows:
Corpus Christi, Te::as,
December %d"-, 1954.
TO Tip IT:ivfnhc'•2S Or TO CITY COU::CIL
Corpus Christi, Texas.
Gentlemen:
For the reasons set forth in the emergency clause of tc_e
foregoing resolution, a public emergency and imperative necessity exist for
the suspension of the Charter rule or requirement that no ordinance or reaolutio
shall be passed finally on the date it is introduced, and that such ordinance
or resolution shall be read at three meetings of he City Council. I there-
fore hereby request that you susaend said Charter rule or requirement and
adopt this resolution finally on the date it is introduced, or at the present
meeting of the City Council.
Respectfully,
Isl P. C. Callaway, Mayor
City of Corpus Christi, Texas.
,;1a"4 ;.t a..b - - - A+'+-.M r;.:a •tlxY•.:n, .�y....,.= Aa.- r+•,.- ,.
Commissioner / e g made a notion that the
Charter provisions prohibiting resolutions from being passed finally on the
date introduced be suspended for the reesors stated in the written reauest
of the Kayor and stated in the emergency clause of the resolution. The motion
was seconded by Sir. The notion saes carried by unanimous
vote by the City Council, viz..
AYES: Commissioners King, I'eismith, Peterson and Brace.
NAYS: lion. /�_ �- -
' Commissioner �f.,t-f La.,a� made a motion that the
resolution be adopted finally. The motion was seconded by Commissioner
The motion was carried by tLe following vote:
AYES.: Commissioners ,ing, Naisnith, Peterson and ',,race. /
MYS: rove.
The Layer requested that the records show that he vote
"Aye ". ',his was done.
The Layer annoucced that t::e resolution Iad been adopted.
The resolution is as follows:
i,ESCLLIIO:T M. OTC
AWARD= TO =—, PiP_a,,CEAS*EF,, $1,1 5,000.00
SMM EG1,i0VEMENT AMD EF1cd95IOE r,ETE -iLB
HODS, SMIE4 1954, AND DECL6.RjL'G AIi
ELMGMICY.
MM MS, the -'ity Council of she City of Corpus Ohristi,
Texas, has under consideration the sale of its Sewer Iuproveuent and Extension
?revenue Bonds, Series 1954, more particularly described in the Official Offer-
ing of the City, and maturinG serially throughout the years 1955 to 19C-4,
both inclusive, as shown in such Official Offering; and
WHEREAS, after having received and considered all of the
offers, the City Council considers the offer of
(hereinafter called the "Syndicate "), as the highest and best bid, which
bid is par and accrued interest to date of delivery, plus a 9remium of
$ ���/ 00
c , for the bonds to bear interest at rates as follows:
Bonds maturing in the years 1955 to ig both incl., per annum;
Bonds maturing in the years 197&to 1 per annum;
i3e4m.
and
WHEREAS, it is considered to be to the best interest of
the City that said bid be accented;
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CORPUS
CHRISTI, TEXAS:
1. That the bid of said Syndicate for said bonds, being
a bid of mar and accrued interest to date of delivery, plus e cremium of
�i 00
be and she sage is hereby accepted.
2. That the 1:ayor, City �ecretsry and City Treasurer be
and they are hereby ordered and directed to do eny and all thinfs necessary
to complete the delivery of said 'ponds to the said Syndicate in accordance
with the bid and the receiving of the money for the benefit of the City.
3. The fact that the contemplated use of the proceeds of
the Sewer Improvement end E:-tension Revenue Bonds are necessary for the
orde-ly development and growth of the City of Corers Christi, Texas, creates
a public emergency and an iwperative public necessity requiring the suspensioc
of the Charter Rule providing that no ordinance or resolution stall be passed
f_nally on the date it is inu_^oduced, and that such ordicance or resolution
shall be read at three several wee-cings of uhe City Council and the 14ayor
having declared that such public emergency and imperative necessity exist,
and having requested thatsaid Charter Rule be suspended and that this resolvtio
take effect and be in fall Force and effect from and after its adoption, it is
accordingly so resolved.
ADOPTED Ai:D APPRO this the /S day of Decenber, 1954.
i V e.�6 Re
Layor, City of Corpus Christi, 7as'
ATTEST:
City Secretary, 0 „y of orpL2 s Chr'Sti, '_e::as.
APPPOLmED AS ni'0 ISx.SL F03: ":
City Attorney, C y of Co ^cue Christi, Texas.
The foregoin„ resolution has been approved as to form and
correctness tbis /5—day of Decemoe -, 1954. `
Uity Attorn '
: •tea'
TEE STATE OF TIMS
COU•:TY OF Pa,ECES
CITY OF CORPUS Ci_RISTI
I, the undersiGned, City Secretary of the City of Corers
C::riati, ^_eras, do hereby certify that the above and foregoing is a true,
full and correct copy of a resolution adopted by t::e City Council of the
City of Corpus Christi, Te:;as, (and of the minutes pertaining thereto) on
the /S day of December, 19 4, awarding to the purchaser $1,165,000.00 Sever
Improvement and TL,-tension Revenue Bonds, which resolution is duly of record
in the minutes of said City Council.
EI Cb''ED IIlIDER t+Y nAiID and seal of said City, this the
/✓day of December, 1954•
G-' t
City Secretary, ity S Co u�C
TCZ .
(SEAL)