HomeMy WebLinkAbout04884 ORD - 10/16/1957MEM:10 /14/57
AN ORDINANCE
APPROPRIATING THE SUM OF $a90.00 FROM NO. 200 GAS
SYSTEM BOND I MP RO MENT FUND, $2,410.00 FROM N0. 220
STREET BOND IMPROVEMENT FUND, AND $5 100.00 FROM N0.
RZ
250 SANITARY SEWER SYSTEM BOND FUND FOR IN
CONNECTION WITH HE SALE o' AND ISSUANCE OF $1,915.000.00
GENERAL OBLIGATION BONDS-AND $125,000.00 GAS SYSTEM REVENUE
BONDS ON NOVEMBER 13, 1957; AND DECLARING AN EMERGENCY.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS
CHRISTI, TEXAS:
SECTION 1. THAT THERE 15 HEREBY APPROPRIATED THE SUM OF $490.00.00
FROM No. 200 GAS SYSTEM BOND IMPROVEMENT FUND, $2,410.00 FROM N0. 220 STREET
BOND IMPROVEMENT FUND, AND $5.100.00 FROM N0. 250 SANITARY SEWER SYSTEM
BOND FUND FOR EXPENSES IN CONNECTION WITH THE SALE OF AND ISSUANCE OF
$1,915,000 GENERAL OBLIGATION BONDS AND $125.000.00 GAS SYSTEM REVENUE
BONDS ON NOVEMBER 13, 1957, ESTIMATED TO BE AS FOLLOWS:
SECTION 2. THE NECESSITY FOR APPROPRIATING MONEY FOR EXPENSES
IN CONNECTION WITH THE SALE OF THE BONDS DESCRIBED IN SECTION 1 HEREOF CREATES
A PUBLIC EMERGENCY AND AN IMPERATIVE PUBLIC NECESSITY REQUIRING THE SUSPEN-
SION OF THE CHARTER RULE THAT NO ORDINANCE OR RESOLUTION SHALL BE PASSED
FINALLY ON THE DATE OF ITS INTRODUCTION AND THAT SUCH ORDINANCE OR RESOLU-
TION 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
4200
$250
GAS SYSTEM
#220
SANITARY
BOND
STREET BOND
SEWER
IMPROVEMENT
IMPROVEMENT
SYSTEM BOND
TOTAL
FUND
'
FUND
FUND
BOND ATTORNEYIS
FEE AND EXPENSES
$3,100
$190
$ 935
$1,975
BOND SALE ANALYSTIS
FEE AND EXPENSES
1,500
92
452
956
PROSPECTUS AND
POSTAGE
2,000
122
603
1,275
PRINTING OF BONDS
900
55
271
574
ADVERTISING AND
OTHER
500
31
149
320
$8,000
$490
$2,410
$5,100
SECTION 2. THE NECESSITY FOR APPROPRIATING MONEY FOR EXPENSES
IN CONNECTION WITH THE SALE OF THE BONDS DESCRIBED IN SECTION 1 HEREOF CREATES
A PUBLIC EMERGENCY AND AN IMPERATIVE PUBLIC NECESSITY REQUIRING THE SUSPEN-
SION OF THE CHARTER RULE THAT NO ORDINANCE OR RESOLUTION SHALL BE PASSED
FINALLY ON THE DATE OF ITS INTRODUCTION AND THAT SUCH ORDINANCE OR RESOLU-
TION 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 AND ,EFFECT FROM AND AFTER ITS PASSAGE, IT IS ACCORDINGLY SO
ORDAINED.
PASSED AND APPROVED, THIS THE 1 Y DAY OF OCTOBER, 1957.
MAYOR
THE CITY OF CORPUS CHRISTI, TEXAS
ATTEST;.,
CITY SECRE 1 Y
APPROVER AS TO LEGAL FORM
THH{I S� DAY OCfT/�jEl, 1957;
/`-+ CITY ATTORNEY
I certify to the City Council that the money required for the
contract, agreement, obligation, or expenditure contemplated in the above
and foregoing ordinance is in the Treasury of the City of Corpus Christi
to the credit of No. 200 Gas System Band Improvement•Fund, $490.00;
No. 220 Street Bond Improvement Fund, $2,410.00; and No. 250 Sanitary Sever
System Bond Fund, $5,100.00
Fund from which it is proposed to be drawn, and such money is not
appropriated for any other purpose,
r3. h4-�:X5
Director of Finance
CORPUS CHRISTI, TEXAS
a' L / � , 1957
TO THE MEMBERS OF THE CITY COUNCIL
CORPUS CHRISTI, TE %AS
GENTLEMEN:
FOR THE REASONS SET FORTH IN THE EMERGENCY CLAUSE OF THE FORE-
GOING ORDINANCE, A PUBLIC EMERGENCY AND IMPERATIVE NECESSITY EXIST FOR THE
SUSPENSION OF THE CHARTER RULE OR REQUIREMENT THAT NO ORDINANCE OR.RESOLU-
TION SHALL BE PASSED FINALLY ON THE DATE IT IS INTRODUCED, AND THAT SUCH
ORDINANCE OR RESOLUTION SHALL BE READ AT THREE MEETINGS GO THE CITY
COUNCIL; I. THEREFORE. HEREBY REQUEST THAT YOU SUSPEND SAID CHARTER RULE
OR REQUIREMENT AND PASS THIS ORDINANCE FINALLY ON THE PATE IT IS INTRO-
DUCED, OR AT THE PRESENT MEETING OF THE CITY COUNCIL.
RESPECTFULLY,
MAYOR /J
THE CITY OF CORPUS CHRISTI, TEXAS
THE CHARTER RULE. WAS SUSPENDED BY THE FOLLOWING VOTED:
F D. SMITH
N. . J. . R Roe ERrS
B. E. B ER
MpNUEL P. MAL DO NA 00,
1
CHARLIE J. RILLS
ARTHUR R. JAMES
ODELL INGLE
THE ABOVE ORDINANCE WAS PASSED BY THE FOLLOW NG VOTE:
FARRELL D. SMITH
W. J. ROBERTS
B. E. BIGLER ((��
MANUEL P. MALDONADO �u.v
CHARLIE J. RILLS
ARTHUR R. JAMES �J
ODELL INGLE NiC�
t/TTj
`f gay