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HomeMy WebLinkAbout16633 RES - 10/28/1981J A RESOLUTION SUPPORTING THE PASSAGE OF AMENDMENT 4 IN THE CONSTITUTIONAL REFERENDUM ON NOVEMBER 3, 1981, AND DECLARING AN EMERGENCY. WHEREAS, an adequate, clean, and controlled water supply has been a key ingredient in making Texas a good place to live and work and in providing a strong, growing, and varied economy in a time of economic crisis in the rest of the nation; and WHEREAS, the dedication of a portion of the State's excess tax revenue is vital to assure that necessary money will be available to State and local governments to continue to provide such a water supply and thus protect the well- being of the State's people and its economy; and WHEREAS, current interest rate limitations in the Texas Constitution have made it difficult or impossible to issue bonds to fund water programs, park development, the Veterans' Land Program, and the State student loan program during the period of very high interest rates presently being experienced; BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: Section 1. That the City of Corpus Christi strongly supports the passage of Amendment 4 proposed by the 67th Legislature as house joint resolution 6 to dedicate excess State revenue to certain special funds, to authorize State guarantee of certain local government obligations, and to increase the allowable interest rate on certain bonds. Section 2. That Upon written request of the Mayor or five Council members, copy attached, to find and declare an emergency due to the compelling public need for conservation and development of water resources, the issuance of bonds for programs authorized by the Texas Constitution and the passage of Amendment 4 on November 3, 1981, such finding of an emergency is made and declared requiring suspension of the Charter rule as to consideration and voting upon ordinances or resolutions at three regular meetings so that this resolution is passed and shall take effect upon first reading as an emergency measure this the 28th day of October, 1981. ATTEST: ity Secretary APPROVED:Y OF OCTOBER, 1981 J. BRUCE 'YCII K, CITY ATTORNEY 4/'t%��� nt City Attorney BY ssi MAYOR THE CIer OF CORPUS CHRISTI, TEXAS SEP 271984 16633 Corpus Christi, Texas day of , 1981 TO THE MEMBERS OF THE CITY COUNCIL Corpus Christi, Texas For the reasons set forth in the emergency clause of the foregoing ordinance or resolution, an emergency exists requiring suspension of the Charter rule as to consideration and voting upon ordinances or resolutions at three regular meetings; I/we, therefore, request that you suspend said Charter rule and pass this ordinance or resolution finally on the date it is introduced, or at the present meeting of the City Council. Respectfully, Respectfully, Council Members MAYOR THE CITY OF CORPUS CHRISTI, TEXAS The above ordinance was passed by the following vote: Luther Jones Betty N. Turner Jack K. Dumphy Bob Gulley Herbert L. Hawkins, Jr. Dr. Charles W. Kennedy Cliff Zarsky 16633