HomeMy WebLinkAbout19349 RES - 06/10/19860
I
A RESOLUTION
A RESOLUTION AUTHORIZING AND DIRECTING THE ACTING CITY
MANAGER, HIS DESIGNEE OR THE FINANCE DIRECTOR TO LIQUIDATE,
SELL OR OTHERWISE TRANSFER ANY AND ALL INTEREST OF THE CITY
OF CORPUS CHRISTI IN BONRAY DRILLING CORPORATION; AND
DECLARING AN EMERGENCY.
WHEREAS, the City of Corpus Christi has acquired certain shares of
common stock in Bonray Drilling Corporation; and
WHEREAS, the City Council of the City of Corpus Christi finds that it
is in the best interest of the City of Corpus Christi to liquidate, sell or
otherwise transfer said stock.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
CORPUS CHRISTI, TEXAS:
SECTION 1. That the Acting City Manager Ernest Briones, his designee
or the Director of Finance, Juan Garza, or their successors in office are hereby
authorized and directed to liquidate, sell or otherwise transfer or dispose any
and all interest of the City of Corpus Christi in the common stock of Bonray
Drilling Corporation for the use and benefit of the City of Corpus Christi.
SECTION 2. That upon written request of the Mayor or five Council
members, copy attached, to find and declare an emergency due to the immediate
need for the efficient and effective administration of City affairs, 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 ordinance is passed and shall take effect upon
first reading as an emergency measure this the 10th day of June, 1986.
ATTEST:
• a.. '-City Secy rr ear
APPROVED:// DAY OF JUNE, 1986
;r43%5")e
ityey
06P.124.01
MAYOR
THE CITY OF CORPUS CHRISTI, TEXAS
19349 MICROFILMED
Corpus Christi, Tgkas
/O day of
, 198jo
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,
Council Members
Respectfully,
MAYOR
THE CITY OF CORPUS CHRISTI, TEXAS
The above ordinance was passe y by the following vote:
Luther Jones
Dr. Jack Best 01,1 /
David Berlanga, Sr. / , ,y
Leo Guerrero
Joe McComb
Frank Mendez /
Bill Pruet /
Mary Pat Slavik Of
Linda Strong /. , .,I
19349