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Home My WebLink About04526 ORD - 05/09/1956:AC:5/3/56 AN ORDINANCE REIMBURSING THE NO. 102 GENERAL FUND IN THE AMOUNT OF i15,694.�4 FOR EXPENDITURES IN CONNECTION WITH THE SALE AND ISSUANCE OF $4,745,000 IN REVENUE AND GENERAL OBLI- GATION BONDS SOLD ON DECEMBER 14, 1955, AND APPROPRIATING SAID AMOUNT OF 1,1�,bq4-34 FROM THE FOLLOWING BOND FUNDS: NO. 220 STREET BOND IMPROVEMENT FUND - $3,605.65; NO. 295 STORM 30.4ER BOND IMPROVEMENT FUND - $3,605.665; No. 230 BRIDGE REMOVAL AND RELOCATION BOND FUND - 2,213.26; NO. 203 STREET RIGHT OF WAY BOND PURCHASE FUND - $1,264.92; NO. 250 SANITARY SEWER SYSTEM BOND FUND - ?631.77; NO. 212 FIRE STATION BOND CONSTRUCTION FUND - $5 H.bS; NO. 202 CITY OF CORPUS CHRISTI WATERWORKS SYSTEM CONSTRUCTION FUND - $2,007.87; NO. 297 SANITARY SEWER SYSTEM BOND IMPROVE- MENT FUND - ..1,202.89; NO. 200 GAS SYSTEM BOND IMPROVEMENT FUND - X593.67; AND DECLARING AN EMERGENCY. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. THAT THERE IS HEREBY APPROPRIATED THE SUM OF X15,6914.34 OUT OF THE FOLLOWING BOND FUNDS: N0. 220 STREET BOND IMPROVEMENT FUND. . . $,605.65 NO. 295 STORM SEWER BOND IMPROVEMENT FUND 3,605.65 No. 230 BRIDGE REMOVAL AND RELOCATION BOND FUND 2,213.26 NO. 203 STREET RIGHT OF WAY BOND PURCHASE FUND. . . . 1,264.92 N0. 250 SANITARY SEWER SYSTEM BOND FUND . . . . . . . 1 &V� No. 212 FIRE STATION BOND CONSTRUCTION FUND . . . . . 6 No. 202 CITY OF CORPUS CHRISTI WATERWORKS SYSTEM CONSTRUCTION FUND. . . 2,007.87 No. 297 SANITARY SEWER SYSTEM BOND IMPROVEMENT FUND. 1,202.89 NO. 200 GAS SYSTEM BOND IMPROVEMENT FUND . . . . . . . . . 593.67 TOTAL . . . . . . . . . $15,694.314 TO REIMBAE THE N0. 102 GENERAL FUND FOR EXPENDITURES IN CONNECTION WITH THE SALE AND ISSUANCE OF j417451000 IN REVENUE AND GENERAL OBLIGATION BONDS SOLD ON DECEMBER 114, 1955, A LIST OF SAID EXPENDITURES BEING ATTACHED HERETO AND MADE A PART HEREOF. SECTION 2. THE NECESSITY FOR REIMBURSING THE NO. 102 GENERAL FUND FOR EXPENDITURES IN CONNECTION WITH THE SALE AND ISSUANCE OF THE BONDS DESCRIBED IN SECTION 1 HEREOF CREATES A PUBLIC EMERGENCY AND AN IMPERATIVE PUBLIC NECESSITY REQUIRING THE SUSPENSION OF THE CHARTER RULE THAT NO ORDINANCE OR RESOLUTION SHALL BE PASSED FINALLY ON THE DATE OF ITS INTRODUCTION AND THAT SUCH ORDINANCE OR RESOLUTION SHALL BE READ AT THREE REGULAR MEETINGS OF THE CITY COUNCIL, AND THE MAYOR, HAVING DECLARED THAT SUCH EMERGENCY AND NECESSITY EXIST, REQUESTING THAT SUCH CHARTER RULE BE SUSPENDED AND THAT THIS ORDINANCE BE PASSED FINALLY ON THE DATE IT IS INTRODUCED AND TAKE EFFECT AND BE IN FULL FORCE AIJD EFFECT FROM AND AFTER ITS PASSAGE, IT IS ACCORDINGLY SO ORDAINE . PA33ED AND APPROVED, THIS THE DAY OF 19`56. ITY SILCRE 413Y �'Y APPROVED AS TO'LEGAL FORM THE CITY OF CORPUS CHRISTI, TEXAS MAY 34-j � -A" CITY ATTORNEY 1-�1- I✓ CITY OF CORPUS CHRISTI BD 23-SUED DECEt�m —' 1955 Particulars TOTAL BONDS ISSUED' #220 Street Improvement 295 Storm Sever Improvement 230 Bridge Removal 203 Right-of-Way 250 Sanitary Sewer 212 Fire Station 202 Water Revenue 297 Sewer Revenue 200 Gas Revenue TOTAL GENERAL OBLIGATION BONDS ISSUED #220 Street Improvement 295 Storm Sewer Improvement 230 Bridge Removal 203 Right -of -Way 250 Sanitary Sewer 212 Fire Station TOTAL REVENUE BONDS ISSUED #202 Water Revenues 297 Sewer Revenues 200 Gas Revenues TOTAL Bonds Issued $1, 140, Coo 1,140,000 700,000 400,000 200,000 180,000 500,000 335,000 150,000 $4,745,000 $1,140,000 1,14o,000 700,000 400,000 200,000 180,000 $3,760,000 $ 500,000 335,000 150,000 $ 985,000 - .7�ai��xxa Percent of Total 24.o3% 24.03 14.75 8.43 4.21 3.79 10.54 7.06 3.16 100.00% x�x == 30.32% 30.32 18.62 io.64 5.32 4.78 100.00% mftc�--�� 50.76% 34.01 15.23 100.00% =tea— x Description Picture for bond brochure Pictures for bond brochure Pictures for bond brochure Printing of brochure, bids forms and envelopes Services of Fiscal Agent Bond sale Advertising Bond Sale Advertising Printing of brochure Filing of Supplemental Deed of Trust on Water Bonds Filing of Supplemental Deed of Trust on Water Bonds Auditor's Reports in connection with Revenue Issues Filing of Supplemental Deed of Trust on Water Bonds Pictures for Bond Brochure Filing of Supplemental Deed of Trust on Water Bonds Filing of Supplemental Deed of Trust on Water Bonds Nan- 11tigation Certificates Services of Attorney - General and State Comptroller Printing of General Obligation Bonds Printing of Revenue Bonds Services of Bond Attorneys Reference On Voucher Wumber 18338 (A) $ 18451 A 18495 A 18572 A 18724 A 18753 A) 19065 A i9061 1A.) 19092 (B) 19093 (B) 19198 (B) 19289 B) 19329 A) 19377 (B) 19378 (B) 19516 A) 19944 (A) 19965 �C) 19965 C) 20276 A) Total Charge 3.50 24.50 21.50 1,16q.go 241.78 75.00 198.45 288.30 9.75 13.25 14.25 3.00 i .75 9.00 20.00 21.00 94o.00 374.30 6,516.7o :0 11 �1;�' �• � 0 q` • � �' W ; {�%1 0' 000 #220 Street Imp . $ .84 5.89 5.17 281.13 58.10 18.02 47.69 69.28 72 #295 #230 Storm Sewer Bridge Imp-. Removal $ .84 $ .52 5.89 3.61 5.17 3.17 2$1.13 172.56 58.10 35.66 18.02 il.o6 47.69 29.27 69.28 42.52 .72 .44 #203 #250 #212 Right -of- Sanitary Fire Way Sewer Station $ •29 $ .15 $ .13 2.07 1.03 .93 1.81 .90 .81 98.62 49.25 44.34 20.38 lo.18 9.17 6.32 3.16 2.84 16.73 8.35 7.52 24.30 12.14 10.93 .25 .13 4.81 4.81 2.95 1.69 .84 5.05 5.05 3.10 1.77 .88 285.01 285.o1 175.03 100.02 50.00 1,565.96 1,565.96 961:21 549.36 274.36 .11 .76 .80 44.93 246,98 #297 #202 Sanitary #200 Water Sewer Gas W' orks Ar• System $ •37 $ .25 $ .11 2.58 1.73 .77 2.27 1.52 .68 723.31 82.59 36.97 25.48 17.07 7.64 7.91 5.30 2.37 20.92 14.01 6.27 30.39 20.35 9.11 9.75 13.2'5 100.00 100.00 100.00 14.25 .32 .21 .10 -75 9.00 2.10 1.41 .63 2.21 1.48 .66 189.99 127.30 57.01 686.86 46o.o8 205.93 Deuzf2tion Services of Fiscal Agent Services of Bond Attorneys Authentication of Water Bonds by Trustee Postage Used in Mailing Bond Brochure TOTAIS Reference On Voucher Total Number Charge 20307 A $ 4,917.11 20370 A 39.11 20493 (B) 214.39 JF 12 -14 (A) 278.80 $L5,694.34 _$ ISSUANCE_ E�iSE IN ON ,745,400 C;MURAr..OBLIGATION AIQ AVENUE 3QK DECEMBER i 95 #220 #295 #230 Street Storm Sewer Bridge Impr. I42r. Removal $1,181.58 $1,181.58 $ 725.27 9.40 9.40 5.77 67.00 67,00 41.12 $31605.65 $3,605.65 $2,213.26 #203 Right -of Way . $ 414.51 3.30 23.50 $1,264.82 (A) Prorated on basis of total bonds issued. (B) Charges applicable to certain funds. (C) Prorated on basis of total revenue or total general obligation bonds sold. PAGE 2 #250 Sanitary Sewer $207.01 1.65 11.74 $631.77 �==Mw #212 Fire Water Station Works $186.36 $ 518.27 1.48 4.12 214.39 10.57 29.38 $568.66 $2,007.87 .mom . ..... =_ #297 #20C Sanitary Gas Sewer System $ 347.15 $155.38 2.76 1.23 19.68 8.81 $1,202.89 $593.67 I f.-.PTIFY TO THE CITY COUNCIL THAT THE MONEY REQUIRED FOR THE CONT'RACT� AcgREEMENTp OBLIGATIONS OR EXPENDITURE CONTEMPLATED IN THE ABOVE AND FORZQOING ORDINANCE 13 IN THE TREASURY OF THE CITY qF CORPUS ;TL20 9(vdal (00Md�1'•..P Aw of ;;;L#r S�Isr..�SvcJet� pt3o•rV• i F N. /1'r CHRISTI TO THE CRE09T OF NO. $.,d .�'��5 . -.v. ,�iy ut ..l• \ �—��, �., fV. 3+�-I Ser.\ v,�Sew.r SysT �onA �..,,, q. t"4h 1 aop (zas Sys ov., Nora Sme. �Mti� FUND FROM IT tS PROPOSED TO BE DRAWN, AND SUCH MONEY IS NOT APPROPRIATED FOR ANY OTHER PURPOSE. d DT RECTOR OF INAHCE CORPUS CHRISTI, TEXAS 1956 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 SE READ AT THREE MEETINGS OF THE CITY COUNCIL; Ip THEREFORE, HEREBY REQUEST THAT YOU SUSPEND SAID CHARTER RULE OR REQUIREMENT AND PASS THIS ORDINANCE FINALLY ON THE DATE IT 15 INTRODUCED OR AT THE PRESENT MEETING OF THE CITY COUNCIL. RESPECTFULLYS MAYOR THE CITY OF CORPUS CHRISTI, TEXAS THE CHARTER RULE WAS SUSPENDED BY THE FOLLOWING VOTE: FARRELL D. SMITH MINOR CULL[ W. J. ROBERTS J B. E. BIGLER MANUEL P. MALDONADO THE ABOVE ORDINANCE WAS PASSED BY THE FOLLOWING VOTE: FARRELL D. SMITH MINOR CULL[ t((\ W. J. ROBERTS 1 `, B. E. BIGLER MANUEL P. MALDONADO