HomeMy WebLinkAbout18833 RES - 05/16/1985THE STATE OF TEXAS
COUNTY OF NUECES •
CITY OF CORPUS CHRISTI :
On this the 16th day of May, 1985, the City Council of
the City of Corpus Christi, Texas convened in Special
Meeting, with the following members of said Council present,
to -wit:
Luther Jones,
Dr. Jack Best,
Frank Mendez,
David Berlanga, Sr.,
Leo Guerrero,
Linda Strong,
Joe McComb,
Bill Pruet,
Mary Pat Slavik,
Edward A. Martin,
J. Bruce Aycock,
Juan Garza,
Armando Chapa,
Mayor,
Mayor Pro -Tem,
Councilmembers,
City Manager,
City Attorney,
Director of Finance,
City Secretary,
with the following absent: NONE
constituting a quorum, at which time the following among
other business was transacted:
City Nhnager Edward Martin presented for the consideration 05 770
Council a resolution. The resolution was read by the City
Secretary The Mayor presented to the Council a communica-
tion in writIng pertaining to said proposed resolution, as
'follows:
"Corpus Christi, Texas
May 16, 1985
°TO THE CITY COUNCIL
Corpus Christi, Texas
Gentlemen:
"The public Importance and pressing need for the
issuance of refunding bonds for refunding of the City's
Waterworks Revenue Bonds to facilitate further financing for
permanent improvements creates an emergency and an iMpera-
tive public necessity,requiring the suspension of rules and
Charter provisions requiring resolutions to be considered
and voted upon at three regular meetings. I, therefore,
erm=rIncrnettrnif =ftlad=e=itPr''sed res=t=
Official Statement and use thereof in the T'lleTinrand sale
of bonds as an emergency measure. You will please consider
this request in connection with the resolution which is to
be Introduced for adoption by the City Counci/ on the
submect.
"Yours very truly,
/s/ Luther Jones
Mayor.
Mic RO IF al 11
1e8a3
5015
5M-15
Councilmember Leo Guerrero moved that the Charter
provision prohibiting resolutions from being adopted finally
on the date Introduced be suspended for the reasons stated
in the written request of the Mayor and stated In the emer-
gency clause of the resolution. The motion was seconded by
Councilmember Frank Mendes . The motion was carried by
an unanimous vote by the City Council, viz.:
AYES All present voted Aye.
NAYS: None.
Councilmember Bill Yr., moved that the resolu-
tion be adopted finally. The motion was seconded by Coun-
cilmember Mary Pat Slavik . The motion was carried by the
following vote.
AYES All present voted Aye.
NAYS: None.
The Mayor announced that the resolution had been
adopted. The resolution is as follows:
RESOLUTION
APPROVING THE FORM OF THE OFFICIAL
STATEMENT PERTAINING TO CITY OF CORPUS
CHRIST/, TEXAS WATERWORES SYSTEM REVENUE
REFUNDING SERIES 1985, AND
AUTHORIZING, RATIFYING AND APPROVING THE
OFFICIAL STATEMENT AND THE USE THEREOF
IN THE OFFERING AND SALE OF SAID BONDS,
AND DECLARING AN EMERGENCY
WHEREAS, the Clty of Corpus Christi is authorared to
issue and sell Its $31,975,000 Waterworks System Revenue
Refunding Bonds, Seraes 1985, pursuant to the constitution
and laws of Texas, and
WHEREAS, it 1s the desire of the City Council that the
Official Statement pertaaning to sand Bands, and the use of
sand Official Statement should be duly authorized, ratafaed
and approved.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
CORPUS CHRISTI, TEXAS.
1. That the Official Statement, ancludang the 0ffacaal
Notice of Sale, as amended, as set forth herein as hereby
approved as to form and content.
2. That the use of the Official Statement and all
addenda, of any, thereto in the offering and sale of said
Banda as hereby autherEsed, ratified and approved.
3. That the form of the Official Statement shall be
substantially as follows, to -wit:
4. That the fact that the contemplated Issuance of
such bonds is necessary for the orderly development and
growth of the City of Corpus Christi, Texas, createe a
public emergency and an imperative public necessity requir-
ing the suspension of the Charter Rule providing 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 several meetings of the City Council and
the Mayor having declared that such public emergency and
imperative necessity exist, and having requested that said
Charter Rule be suspended and that this resolution take
effect and be in full force and effect from and after its
adoption, It is accordingly so ordained.
ADOPTED AND APPROVED this the 16th day of May, 1985.
1
/!1
May0r, lty of Corpus Christi
T=Tchri.,.
The foregoing resolution was approved prior to adoption
as to form and correctness this the 16th day of May, 1985.
THE STATE oF TEXAS
•
COUNTY OF NUECES
CITY OF CORPUS CHRISTI
I, the undersigned, City Secretary of the City of
Corpus Christi, Texas, do hereby certify that the above and
foregoing is a true, full and correct copy of a resolu-
tion adopted by the City Council of the City of Corpus
Christi, Texas (and of the minutes pertaining thereto) on
the 1610 day of May, 1985, approving the fors of the
Official Statement pertaining to City of Corpus Christi,
Texas Waterworks System Revenue Refunding Bonds, Series
1985, and authorising, ratifying and approving the Official
Statement and the use thereof, which resolution is duly of
record in the rwnutes of said City Council, and said meeting
was open to the public, and public notice of the time, place
and purpose of said meeting was given, all as required by
Vernon's Ann. Civ. Stat., art. 6252-1], as amended.
EXECUTED UNDER MY HAND AND SEAL of said City, this the
16th day of may, 1985.
City Seeretary, C)q'18
Corpus Christi, Texas
(SEAL)
Corpus Christi, -vs
_144 day of //I , 1985
TO THE MEMBERS OF THE CITY COUNCIL
Corpus Christi, Texas
For the reasonsset forth sn the emergency clause of the foregoing ordinance
or resolution, an emergency exists requiring suspension of the Charter rule
s to consideration and voting upon ordinances or resolutions at three
regular meetings, 1/we, therefore, request that you suspend said Charter rule
and pass this ordinance or
resolution finally on the date it cs introduced,
or at the present meeting of the City Council.
Respectfully, Respectfully,
Council Members
PAYOR
THE CI Y OF CORPUS CHRISTI, TEXAS
The above ordinance was passed
Luther Jones
Betty N Turner
David Berlanga, Sr
Welder Brown
Leo Guerrero
Dr. Charles W Kennedy
Joe McComb
Frank Ilendea
Mary Pat Slavik
y the following vote.
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