HomeMy WebLinkAbout15862 ORD - 11/05/19804'
TEXAS:
AN ORDINANCE
AUTHORIZING THE CITY MANAGER TO EXECUTE AN AGREEMENT
WITH THE LOWER NUECES RIVER WATER SUPPLY DISTRICT BY
THE TERMS OF WHICH THE CITY AGREES TO MAKE A $100,000
SUPPLEMENTAL PAYMENT TO THE DISTRICT FOR DEBT RETIRE-
MENT DURING THE 1980-81 FISCAL YEAR, ALL AS MORE FULLY
SET FORTH IN THE AGREEMENT, IN SUBSTANTIALLY THE FORM (,1.Lt4t.i4+k y
ATTACHED HERETO, MARKED EXHIBIT "A"; AND MADE A PART
HEREOF; AND DECLARING AN EMERGENCY.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI,
SECTION 1. That the City Manager bei and he is hereby authorized
to execute an agreement with the Lower Nueces River Water Supply District
by the terms of which the City agrees to make payment of $100,000 supple-
mental payment to the District for debt retirement during the 1980-81
fiscal year, all as more fully set forth in the agreement, in substantially
"the form attached hereto, marked Exhibit {,•A", and made a part hereof}
SECTION 2. The necessiity to execute the aforesaid,agreement at', ,
the ea'rliest practicable date 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 but
that such ordinance or resolution shall be 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 the Charter rule and that this
ordinance be passed finally on the date of its introduction and take effect
and be in full force and effect from and after its passage, IT IS ACCORDINGLY
SO ORDAINED this the ✓ day of November, 1980.
ATTEST:
.671 -
City -Secretary
APP VED:
DAY OF NOVEMBER, 1980:
J. BRUCEBAYCOCK, CITY ATTORNEY
MA
15862
/7.
THE ITY OF CORPUS CHRISTI, TEXAS
MICROFILMED
SEP 2 7 1944
THE STATE OF TEXAS
COUNTY OF NUECES
x
x
AGREEMENT
This agreement this day entered into between the City of Corpus
Christi, hereinafter called "City", and the Lower Nueces River Water Supply
District, hereinafter called "District",
WITNESSETH:
WHEREAS, the contract between City and District, executed on
August 10, 1955, and hereinafter called "1955 Contract" provides in Section
16 thereof that the City becomes the owner of the reservoir facilities when
the debt incurred for these facilities is paid off:
NOW, THEREFORE, in consideration of the mutual benefits to accrue
to the parties upon the adoption of the following contract and, in con—
sideration of the obligations to be discharged by the City and the District
under the provisions of the proposed contract, independently of and apart
from any and all undertakings heretofore entered into between the City and
the District, but not in derogation of any rights and privileges accruing
to either the District or the City by such prior undertakings, the parties
hereto agree as follows:
City agrees to pay the District Eight Thousand Three Hundred Thirty—
three and 33/100 Dollars ($8,333.33) per month for the months of August 1980
through July 1981, or a total of One Hundred Thousand Dollars ($100,000)
during the 1980-81 fiscal year as a payment for the purposes of enabling
District to meet its debt service obligations and thus expedite the transfer
of title of the reservoir to the City of Corpus Christi. These payments will
in no way affect the 1955 Contract.
IN WITNESS WHEREOF, the parties hereto have caused this agreement
to be executed by their duly authorized representatives, this the day
of , 1980.
ATTEST: CITY OF CORPUS CHRISTI
By
City Secretary R. Marvin Townsend, City Manager
APPROVED: APPROVED (Xc + ,0.'Y> ) Z.wJ
J. BRUCE AYCOCK, CITY ATTORNEY (Department Head)
By
Assistant City Attorney
ATTEST:
Secretary
LOWER NUECES RIVER WATER SUPPLY DISTRICT
By
President
Corpus Christi Texas
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.
,192°
The Charter rule was
Luther Jones
Edward L. Sample
Dr. Jack Best
David Diaz
Jack K. Dumphy
Betty N. Turner
Cliff Zarsky
Respectfully,
suspended
THE ''TY OF CORPUS CHRISTI, TEXAS
by the following vote:
The above ordinance was passed
Luther Jones
Edward L. Sample
Dr. Jack Best
David Diaz
Jack K. Dumphy
Betty N. Turner
Cliff Zarsky
by
the
following vote:
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