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Home My WebLink About05224 ORD - 12/30/1958IMS:JKH:12 -29 -58 t AN ORDINANCE APPROPRIATING $7,511.66 FROM VARIOUS BOND FUNDS FOR EXPENSES IN CONNECTION WITH THE SALE OF 3,500,000.00 GENERAL IMPROVEMENT BONDS ON.NOVEMBER 12, 1950; 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 FROM THE FOL- LOWING BOND FUNDS THE SUM OF $7,511.66 WHICH EXPENSE IS APPORTIONED AMONG VARIOUS BOND FUNDS AS FOLLOWS: FUND NAME EXPENSES 209 STREET TRAFFIC CONTROL SYSTEM $ 120.19 BOND IMPROVEMENT FUND 212 FIRE STATION BOND CONSTRUCTION FUND 85.84 220 STREET BOND IMPROVEMENT FUND 2,757.86 230 BRIDGE REMOVAL & RELOCATION BOND FUND 794.09 2145 AIRPORT BOND IMPROVEMENT FUND 1,502.33 250 SANITARY SEWER SYSTEM BOND FUND 1,931.57 295 STORM SEWER BOND IMPROVEMENT FUND 319.788 TOTAL 7,511. THESE EXPENSES WERE INCURRED IN CONNECTION WITH THE SALE OF $3,500,00.00 GENERAL IMPROVEMENT BONDS ON NOVEMBER 12, 1958, AS SET OUT IN THE DETAILED SCHEDULE OF EXPENSES ATTACHED HERETO AND MADE A PART HEREOF. SECTION 2. THAT THE NECESSITY FOR IMMEDIATELY APPROPRIATING THE MONIES AS 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 "1. READ AT THREE SEVERAL MEETINGS OF THE CITY COUNCIL, AND THE MAYOR, HAVING DECLARED SUCH EMERGENCY AND NECESSITY TO EXIST, HAVING REQUESTED THE SUSPENSION OF SAID CHARTER RULE AND THAT THIS ORDINANCE BE PASSED �� ZL 7 i FINALLY ON THE DATE OF ITS INTRODUCTION AND THAT SUCH ORDINANCE TAKE EFFECT AND BE IN FULL FORCE AND EFFECT FROM AND AFTER ITS PASSAGE, IT IS ACCORDINGLY SO ORDAINED, THIS THE__j_DAY OF DECEMBER, 1958. ATTEST: / Z _YKII fly CITY SECRtTA�( l APPROVED AS TO LEGAL FORM THIS THE 29TH DAY OF DECEMBER, 1958: CITY ATTORNEY MAYOR/ THE CITY OF CORPUS CHRISTI, TEXAS 0, INTER - OFFICE COMMUNICATION • N Dept. Finance To Mr. Herbert W. Whitney, City Manager Fron: Thomas B�. Murphy, Director of Finance Date December 23, 1958 Subject Ordinance Request - Expenses of $3,500,000 Bond Sale _ 1. Approval is'respectfully requested for the attached ordinance request for appropriating $7,511.66 from various bond funds for expenses in connection with the sale of $3,500,000 General Improvement Bonds on November 12, 1958• A detailed schedule of expenses is attached. Fund Name Amount of "Bonds Egenseg 209 Street Traffic Control System' Bond Improvement Fund $ 56,000 $ 120.19 212 Fire Station Bond - Construction Fund 40,000 85.84 220 Street Bond Improvement Fund 1,285,000 2,757.86 230 Bridge Removal & Relocation Bond Fund 370,000 794,09 245 Airport Bond Improvement Fund 700;000 1,502.33 250 Sanitary Sewer System Bond Fund 900,000 1,931.57 295 Storm Sewer Bond Improvement Fund 149,000 319.78 $3,500,000 $7,511.66 Thomas B'. Murphy Director of Finance TBM :nc APPROVED �� 2 4 , 1958 Herbert W. Whitney, City Ma, ger CITY OF CORPUS CHRISTI EXPENSES W $3 , 500,000',BOND SALL NOVEMBER 12, 1958 _Description Amount McCall, Parkhurst & Crowe - Legal Fee and Expenses $4,820.55 ' Robert N. Barnes - Fiscal Agent Services 11291.85 Steck Company - Printing of Bonds 705:00 Port Printing Company - Cover for Brochures & Envelopes 316.20 Stationery Stores - Postage & Printing 235.21 Texas Bond Reporter - Advertisement 25.00 The Bond: Buyer'- Advertisement 69.30 T. B. Murphy - Travel to Austin 2455 Attorney General - Fee 12.00 Gold Studio - Photographs 12.00 Total $7,511.61 Y . i December 23, 1958 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. 209, 212, 220)'230, 245, 250, and 295 Fund from 'which it is proposed to be drawn, and such money is not appropriated for any other purpose. Director of Finance .� • j CO S CHRISTIO TEXAS ,30 1958 TO THE MEMBERS'OF THE CITY COUNCIL CORPUS CHRISTI, TEXAS GENTLEMENi FOR THE REASONS SET FORTH IN THE EMERGENCY CLAUSE OF THE FORE - GOING.ORDINANCE, A PUBLIC EMERGENCY AND IMPERATIVE NECESSITY EXIST FORyTHE $UgPENS10N OF THE CHARTER RULE OR REQUIREMENT THAT NO ORDINANCE OR OL RESU- TION SHALL BE PASSED FINALLY ON THE DATE IT IS INTRODUCED, AND THAT SUCH ORDINANCE OR'RESOLUTION SHALL BE'READ,AT THREE MEETINdS_GF_THE CITY COUNCIL; I, THEREFORE HEREBY REQUEST THAT YOU SUBPEND 3AI0 CHARTER RULE OR RL^kUIREMENTANO PASS THIS ORDINANCE FINALLY ON THE DATE IT IS INTRO- DUCED, OR AT THE PRESENT MEETING OF THE CITY COUNCIL. RESPECTFULLY, �0 �� " `•mil' ��( %f�� MAYOR THE CITY OF CORPUS CHRISTI, TEXAS .__ , . . THE. - CHARTER RULE WAS SUSPENDED BY THE FOLLOWING VOTEi - FARRELL D. SMITH W. J. ROBERTS ✓ ' 8. E. BIGLER � MANUEL P'. MALDONADO / CHARLIE J. AILLS ARTHUR R. JAMES ODELL INGLE THE 'ABOVE ORDINANCE WAS PASSED BY THE FOLLOWING VOTE: Y FARRELL D. SMITH W. J. ROBERTS A. B.• "E. BIGLER^ t', • MANUEL P. MAALL'DONADO , tir aI+� �'" r5o rM�. ' a :Aw r rK,• • . Y s �CHARL I E' J:.sA'I�L`L`SS,S. �- /�� .y r „'.' •i a • R -�s ARTHUR =R: JAMES • �.t~ � a�' ^' t _ j+ « i' ' i a 4 ` 0DELL, INGLE It d' • w ' Y i r