HomeMy WebLinkAbout15339 RES - 01/30/1980A RESOLUTION
DESIGNATING CORPUS CHRISTI HOUSING FINANCE
CORPORATION FOR PURPOSES OF SUBSECTION (d)(5)
OF SECTION 4 OF H. R. 5741; AND DECLARING AN
EMERGENCY
WHEREAS, the City Council of the City by Resolution
adopted on September 26, 1979, approved the form of articles
of incorporation proposed to be used in organizing the
Corpus Christi Housing Finance Corporation (the "Corporation"),
granted authority for the incorporation of the Corporation,
and designated the Corporation for purposes of subparagraph
D of paragraph (b)(1) of Section 4 of H. R. 3712 as reported
by the House Ways and Means Committee of the United States
House of Representatives by vote of the Commitee on July 30,
1979; and
WHEREAS, on October 30, 1979, following the action of
the House Rules Committee in tabling the rule requested on
H. R. 3712, the Chairman of the Ways and Means Committee and
others introduced H. R. 5741 which by its terms requires
that the Corporation be designated by the City Council for
purposes of subsection (d)(5) of Section 4 thereof; Now
Therefore
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
CORPUS CHRISTI, TEXAS:
Section 1. That, the City Council of the City hereby
designates the Corporation for purposes of subsection (d)(5)
of Section 4 of H. R. 5741 as reported by the House Ways and
Means Committee of the United States House of Representatives.
Section 2. That it is hereby officially found and
determined that an emergency and urgent public necessity
exists which requires the adoption of this Resolution at the
earliest practicable date, such emergency being that the
proceeds from the issuance of the Corporation's bonds are
needed as soon as possible and without delay for necessary
and urgently needed residential housing for persons of low
and moderate income within the City; that such emergency
requires 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 several meetings of the City Council, and the
Mayor having declared that such emergency and necessity
exist, having requested the Charter rule be suspended
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and that this resolution be passed finally on the date of its
introduction and take effect and be in full force and effect
from and after its passage; that such urgent public necessity
requires the holding of the meeting at which this resolution
shall be adopted; that said meeting was open to the public as
required by law; and that public notice of the time, place,
and purpose of said meeting was given as required by Vernon's
Ann.Civ.Stat. art. 6252-17, as amended;
IT IS ACCORDINGLY SO RESOLVED, this the a p day of
1980.
ATTES :
4
City Secretary
APPROVED:
DAY O , 1980
J. BRUCE OCR, C Y ATTORNEY
By
Assistant «'j Attorney
OR
E CITY OF CORPUS CHRISTI,
TEXAS
Corpus Christi ,Texas
30 day of
TO THE MEMBERS OF THE CITY COUNCIL
Corpus Christi, Texas
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, 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,
MAYS'
E CI OF CORPUS CHRISTI, TEXAS
The Charter rule was suspended by the following vote:
Luther Jones
Edward L. Sample
Dr. Jack Best
David Diaz
Jack K. Dumphy
Betty N. Turner
Cliff Zarsky
The above ordinance was passed by the following vote:
Luther Jones
Edward L. Sample
Dr. Jack Best
David Diaz
Jack K. Dumphy
Betty N. Turner
Cliff Zarsky
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