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HomeMy WebLinkAboutMinutes - City Council - Regular - 12/10/1925IF11fi-IF-fiII�fifi-?F?F Dec. 10th., 1925. City Commission met in regular session with the follociina- present: Mayror, F. R. Friend, Commissioners, Geo.' C. Volffarth and R. 17. Blair. Mayor stated th t this was election clay Ind beinc7 a busy day that the meeting adjourned until Dec. llth., at 3:30 o'clock. Read and Approved this �'lay of Mayor, y of Lubbock, Texas. nr T y ecret By motion made by Mr. I7olff• rth and seconded by PIr. Blair the following Ordinance passed sedond and final reading by unanimous vote. ORD II,7_'JTC E IT . 320 . AN ORDIN-�TTCE prohibiting the sweeping and depositing of filth, trash and other accumulations into the st-eets, alleys, gutters, and sidewalks of the City of Lubbock: Providing for and Requiring trash receptacles: and fixing penalty for violation of this ordinance. BE IT ORDAINED BY THE CITY C0125I93ION OF THE CITY OF LTJ3BOCK: TEXAS: SECTIOTT 1: That it shall be unlawful for any person, firm or corporation to sweep, brush, deposit or leave, or cause to be swept, brushed, deposited or left any floor or sidewalk sweepings, paper, wire, stof.,e, glads, wood, tin, dirt, dust, as'_aes, fruits, vegetables, slop, filth, refuse, waste or other objects or accumulations that tend to cre2-te unsightly, unclean or unsanitary conditions; onto or upon any public grounds, alley, sidewalk, street or gutter in the fire li:aits as now or hereafter designated in the City of Lubbock, Texas or onto or upon any public grounds, paved street, alley gutter or sidewalk in the City of Lubbock, Texas. SECTION 2: All such accumulations as numerated above shall be placed in a closed receptacle so that same may not be blovm about or scattered, and said receptacle shall be placed near the property adjoining the alley so as to be easily accessible to the trash wagons of the city. SECTION 3: Any person, firm or corporation violating any provision of t._is ordinance s:iall be deemed guilty of a misdemeanor and upon conviction thereof shall be fined any sum not exceeding One Hundred (�'100.00) Dollars; and each dayts violation.shall cv:.stitute a separate offense. Passed and adopted by unanimous vote first reading, this the 12th. day of November, 1925. Passed and adopted second reading, ti:is llth day of Dec. 1925. F. R. Friend. An Mayor itt Z�6ctdta By motion made by 1 >"olffarth and seconded by Mr. Jones contract between Panhandle�0� -1 Co. and City of Lubbock, Texas, for sewer line Grosz- inm n aurt)1 St. was accepted ::.nd ordered sigr_ed by unanimous vote. By motion made by Mr. Blair and seconded by IIIr. t7olffarth the following; Or- dinance was read and ordered passed by unanimous vote. �-- ORDIPTArTC]'+, AT 321. ORDINAITCE GRAIFTITIG THE PECOS 'jORTHERT; TEXAS RAILROAD COTT? .NY A CORPORATION ENID ITS 1ESS717, TILE P.N TIT.,.HMLr & S'_TTT i FE R•ILROAD CC1PAI A CORPGpSTItiIT ATTD TLIE '"'NAi,EY JAI LTc ELEVATOR COiTANY A CORPORATIOT_ THEIR SUCCESSORS AND ASSIGITS `ITI_P RIGHT AIM PRI VILEGE OF LAYING COi:S`i'RUCTI:TG AND MINTAI?ITTG _'. RAILROAD TRACK UP ON AND ACROSS THIRD STREET BETINTEN AVEITUE LI AND AVEIRM N IN LUBBOCK, BE IT ORDAINED BY THE CITY COT.21ISSION OF TH'a CITY OF LUBBOCK TEXAS. SECTION 1: That the Pecos & Northern Texas Railroad Company, a cor- poration, and its lessee the Panhandle �-, Santa Fe Railroad Company, a cor- poration, and the ?rnaley Mill & Elevator Company, a corporation, their success- ors and assigns, are hereby gr:=:nted the privilege, right and power of laying .building, erecting and maintaining an industrial railroad track with necessary turnouts, switches, stands and other appliances connected there�riith across and upon Third Street, between Avenue M and Avenue N within the corporate li-Iits of the City of Lubbock, Tectas, as follows: Running in a northernly and sout'nerly direction across said Third Street from the north�,iard onto Block Tvileve (12) of the Richmond Addition to the town of Lubbock, Lubbock County, Texas, J} Provided, however, th--t the said track shall be so erected ,.nd main- tained as to permit the crossing thereof by ordinary vehicles. S'TCTIOI 2: This ordin:_.nce shall take effect and be in force from and after its passage. PASSED AND APpROV-''D t,iis ilth. day of Dec. 1925. Annr+c_�al -n : �1_ J. R. Germany, Cit;; Secy. I+ . R. Friend. :Iayor, City of Lub?)ock, Tex. Electrical Inspector's report was read and approved by unanimous vote. By motion made by I1r. Wolffarth and seconded by Mr. Jones the I:Iilk Ordinance being Ordinance No. 322 passed its first reading by unanimous vote. By motion made by Mr. Blair and seconded by I1r. Jones Ordinance No. 323 re- garding payment on Occupation License passed its first reading by unanimous vote. By motion made by Mr. Wolffarth and seconded by Mr. Jones t-�e following Or- dinance was read and approved and ordered passed by u:.,animous vote. ORD 1LK,i.;'C E ]ITO 32 AN ORDINT dTCE to amencl Section No. 1 of Ordinance 204 of City of Lubbock, Texas, and as amended by Ordinance 228 and Ordinance 268 designating Fire Limits of City of Lubbock and other purposes so as to include other pro:;erty within the Uire Limits of s.:.id City repealing all ordinances and parts of Ordinances in conflict herewith, nd declaring an emergency, account of danger 62 fire. BE IT ORDAINED by the City Commission of City of Lubboc'-, Texas: SECTION 1. Section One of said Ordinance shall hereafter read Fire Limits: The provisions of this Ordinance shall apply to and be co -extensive with the territory with -the boundaries now, or here-�fter established, as the Fire Limits, of this City, except such as are made with reference to the whole of t}ie City by omission to make directly applicable to such Fire Limits, which Fire Limits are hereby declared to inc ude the folloi.:in7 territory: Blocks 7-23-24-39-40-55-56-57-71-72-73-74-87-88-89-90-91-100-101-102-103-104- 105-106-107-116-117-118-119-120-121-122-130-231-132-133-134-135-136-137-138-139 148-149-150-151-152-153-165-166-167 All in the original plat'of City of Lubbock, Texas. S7CTIO-T 2. The fact th.t she buildings of insufficient and non -fire resisting materi.-_l May be erected under the present ordinance, upon such-,,ro_,erty in- creasing fire haz:,.rds, creates -.n emergency and ublic necessity that the tule of the Charter requiring Ordinances to be re-,.d. at sever--' 1 meetings, be and the same is, hereby suspended, and this Ordinance be passed and effective from its first introduction, and it is so enacted. P L__ .b una, imous vote of the City Commission, and approved, this (lay of 19:L5. A*_e Cry, Cit of ck, Te as. TFZ?oY,-Z.Wity of Lubbock, Texas. By motion made by Mr. Jones and seconded by Mr. Blair the following returns of an election held on the lOth day of Dec. was reed and approved by unanimous vote. Held at Mayor's office City of Lubbock, Count:r of Lubboc'k:, Stake of Texas, on. the loth day of December 1925 for and ag;,in t Amendment No. Amendment Fo . Amendment No. Amendment No. Amendment No. Amendment No. Amendment IT o . 1 to the City Charter 2 to the City Charter 3 to the City C-aarter 4 to the City Charter 5 to the City Charter 6 tc the City Charter 7 to the City Charter Total Number of Votes polled at this voting ,)lace was 635 votes. Number of Votes polled for Amendment No. 1-------- 342 Votes. Number of Votes polled against Amendment no. 1---- 289 Votes. Number of Votes Pol ed for Amendment No. 2-------- 418 Votes Number of Votes poked against Amendment 1,do.2-----200 Votes Number of Votes polled for Amendment ITo. 3-------- 404 Votes. 459 Number of Votes polled against Amendment No. 3---- �,23 Votes. Number of Votes polled for Amendment No. 4-------- 378 Votes. Number of Votes polled against Amendment No. 4----240 Votes. Number of Votes polled for Amendment No. 5-------- 387 Votes. Number of Votes polled against Amendment No. 5---- 237 Votes. Number of Votes polled for Amendment No. 6-------- 387 Votes. Number of Votes polled Against Amendment No. 6---- 236 Votes. Number of Votes polled For Amendment No. 7-------- 353 Votes. Number of Votes polled Against Amendment No. 7----231 Votes. THE STATE OF TEAS ) COUNTY OF LUBBOCK ) 141e, the undersigned Managers of the Election held by us at May -is office in the City of Lubbock, County f Lubbock, Tertas, an the loth. day of Dec. 1925 hereby certify that the above and foregoing is a correct return, as required by law, of the Votes polled at said Election. Witness our hands, this loth. day of Dec. 1925. R. T. Penney --Presiding; Officer S. L. Miller Clerk H. D. ?; od ---Judge Lyman ^ . Ashby- Manager of 17. S. Clark ---Judge R. Bush Smith Election. J. t". DeShazo By motion made by Mr. Jones and secondeu: by Mr. Blair the following Ordinance w-.s read and ordered ba -sed by unanimous vote. ORDINANCE N0. 325 AN ORDIIMNCE CANVASSING THE IZE"'URITS AI"D DECIARIITG THE RESTTLT OF AN ELECTION HELD IN THE CITY OF LUBBOCK TEXAS ON D7C7,B loth. 1925,' ON PROPOSED AWITTD?'P?PJTS TO ^ITT+ CHARTER Or ''.'H7 CITY OF LUBBOCK TEXAS SAID Ar�Z'ITDI'EITTS THUS SUBMITTED ^.ND VOTED ON PROPOUNDED TO "17 VOTERS THE FOL107IIIG QUESTIONS. Amendment No. 1 - Do you vote to amend the present city charter of the Ctty of Lubbock, Texas, by amending and changin.- Section 15, of Article 2, Chapter 1, elating to street improvements and assessments and re -assessments: Answer: YES. NO. Amendment No. 2. - Do you vote to amend the present city charter by adding Section 5 Article 8, Chapter 1, relating to advertisement of sales of bonds Answer: YES NO. Amendment No. 3. - Do you vote to amend the present city charter of the City of Lubbock, Texas, by adding Sections 1, 2, 3 and 4, Article 1, Chapter 3, relating to creation of Board of City Development? Answer: YSE. No. Amendment No. 4. - Do you vote to amend the present city charter of the City of Lubbock, Teta.s, by amending and changing Section 9 of Article 3, Chapter 1, relating to compensation f officers of City Court. Answer: YES. ITO . Amendment No. 5. - Do you vote to amend the present city charter of the City of Lubbock, Texas, by amending and changing Section 14, Article 9, Chapter 1, relating to compensation of Mayor and City Commissioners. Answer: YES. No. Amendment No. 6. - Do you vote to amend the present City Charter kf the C,ty of Lubbock, Texas, by amending and changing Section 2, Article 9, Chapter 'Il, relating to terms of office of I.Zayor and Commissio�,rrs: Answer: YES. NO. Amendment No. 7 - 'Do you vote to amend the present city charter of the Cyty of Lubbock, Texas, by amending and changing Section 3, Article 7, Chapt�r 1, by omitting paragraph 3 of said Section 3, Article 7, Chapter 1, relating to collection of street tax? Answer: YES. NO. BE IT ORDAINED BY ^HP CI.'Y C018TISSION OF 5'H7, CITY 07 LUBBOCK, TEXAS. SECTION 1: What there was submitted to the qualified voters of the City of Lubbock, Texas, on December loth., 1925, in accord -nee withlaw, an election for the purpo-e of passing on the question of adopting amendments to the City Charter of the City of Lubbock, Texas, the questions thus submitted and votes on reading as follows: Amendment No. 1 - Do you vote to amend the present city charter of the City of Lubbock, Texas, by amending tnd changing Section 15, of Article 2, Chapter 1, relating to street improvements and assessments and re -assessments: Answer; YES. NO. Amendment No. 2 - Do you vote to amend the present city charter by adding Section 5 Article 8, Chapter 1, relating to advertisement of sales of bonds: Answer: YES. NO. Amendment no. 3. - Do you vote to amend the present charter of the City of Lubbock, Texas, by adding Section-1,2,3 and 4, Article 1, Chapter 3, relating to creation of Board of City Development: Answer: YES. NO. Amendment No. 4. - Do you vote to amend the present city charter of the City of Lubbock, Texas, by amending and changing Section 9 of Article 3, Chapter 1, re- lating to compensation of officers of City Court, Answer: YES. N0. Amendment No. 5. - Do you vote to amend the present city charter of the City of Lubbock, Texas, by amdneing and changing Section 14, Article 9, Chapter 1, re- lating to compensation of Mayor and City Commissi ners. Answer: YES. NO. Amendment No. 6. - Do you vote to amend the present City Charter of the City of LubbocX, iexa.s, by amending- and changing Section 2, Article 9, Chapter 1, re- lating to terms of office of Mayor and commissioners: Answer: YES. NO. Amendment No. 7. - Do you vote to amend the present city charter of the City of Lubbock, Texas, by amendin.- anL changing Section 3, Article 7 Chapter 1, by omitting paragraph 3 of said Section 3 Article 7, Chapter 1, relating to col- lection of str,-et tax? Answer: YES. NO. ST;CTION 2. That the qualified voters voted on said questions at -the polls and cast their ballots and anawered the foregoing questions as follovs: On amendment No. One 342 voters answered Yes, and 289 voters answered No. On Amendment No. Two 418 voters answered Yes and 200 answered No. On Amendment No. Three 404 voters answered Yes and 223 answered No. On Amendment No. Four 67, voters answered Yes and 240 answered No. On Amendment Iio.Five 38 ters answered Yes and 2'7 answered No. On Amendment No. Six 387 v ters answered Yes and 236 answered No. r On Amendment No. Seven 353 voters answered Yes, and 231 answered No. There were only 635 voteB in all c,-st at said election and a majority thereof was case in the affirmative in answer to each of said questions. SECTION 3. The City Commission has duly canvassed the election returns, and find- that a majority of the qualified voters favored the adoption of all sa.if, amendments and that they have legally carried, been adopted and approved SECTION 4. It is therefore ordered that said proposed amendments be con- sidered and they are hereby approved and adopted and made a pr:.rt of the charter of City of Lubbock, Texas, and that a copy of said ordinance ordering, said election as well as this ordinance be recorded at length in the minutes and records of said city PASSED, APPTIOVED and ADOPTED at regular meeting this llth. day of December, 1925. F. R. Friend. ATTEST: ,ay -or . J. R. Germany, City Secretary. By,.motion made by Mr. Blair and seconded by Mr. Violffarth the following Ordinance was read and ordered passed by unanimUus vote. ORDII;A]`�E NO 26. AN ORDINANCE RkTIFYING AND CONFIRI.UNG CONTRACT M+E ED INTO BY AND BETWEEN THE CITY OF 1UBBOCK,TMS,AND FAIR - BANKS MORSE & CO. CONTRACTOR FOR THE FURNISHING OF AN ADDITIONAL UNIT FOR THE ELECTRIC LIGHT PLANT IN AND FOR SAID CITY: AUTHORIZING THE ISSUANCE OF WARRANTS IN PAY MTT THEREFOR: ILEVYIT:G THE NECESSARY TAX TO PAY TIC' INTEREST AI?D PROVIDE A SINKING FUND TO RETIRE S:,.ID "iARR'+N•.I S AT ITA`'URITY: AND DECIARING AN EIT.-TERGENCY., ",tHiE.L - , the City Commission of the City of Lubboc,-, Texas, has heretofore determined the necessity for the installation of an additional unit for the electric light plant in and for said City, arid, in accordance with the provisions of Section 27, Article IX, of the Special Charter of said City, caused to be published in The Lubbock _=_valanche an advertisement callinp,,for bids for the furnishing of s.id unit; and, Iz'IIEREAS, the City Commission received and canvassed bids and found that the bid of Fairbanks, Morse, & Co. v;as the best bid received, and in consequence thereof entered into a contract with said Fairbanks, I:Iorse & Co. on the 27th. day of November, 1925, w'iich contract is hereto referr d to and made a part herepf; and, WIHREAS? sair contract has been by this Commission duly considered and understood; NOT, `i'IKFREFORE BE IT ORDAINED BY THE CITY OF LUBBOCK, TEXAS. 1. That said contract be and the same is hereby ratified, approved, confirmed and adopted as the act and contract of said City, and the same shall be recorded upon the I:Iinutes of this Commission, and said sum of $60,000.00 is hereby made and declared to be the lawful debt of said City of Lubbock, Texas. 2. That, in accordance with laid contract, warrants of the City of Lubbock, to be called "CITY OF LUBBOCK ELECTRIC LIGHT 'L=LANT WARRANTS, SERIES 1 OF 1926", be issued in the sum of Sixty Thousand Dollars ($60,000.00) evidencing the contract price to be paid Fairbanks, riorde & Co., Contractor, by said City for the furnishing of said unit in accordance with said contract. 3. That said warrants shall be numbered from one (1) to sixty (60) inclusive, and s'iall be in the denomination of One Thousand Dollars (p1,000.) each, aggreg:.ting; the sum of Sixty Thousand Dollars ($60,000.00) 4. That they shall be dated January 1st., 1926, and shall become due and payable seria' ly as follows: r WARRANT NO3. T.'IA TUR I TY DATES. ATT'UNTS. 1. January 1st., 1931. 5 19000.00 2. January lst., 1932 1,000.00 3. January 1st., 1933, 19000.00 4. January 1st., 1934, 1,000.00 5. January 1st., 19359 1,000.00 6. Janu,.ry 1st., 19369 1,000.00 7 & 8 January 1st., 1967, 29000.00 9 & 10 January 1st., 1938, 2,000.00 11 & 12 January 1st., 19399 2,000.00 13 & 14 January 1st., 19409 29000.00 15, 16 & 17 J-:nuary 1st., 1941, 3,000.00 18, 19 & 209 January lst., 19429 32000.00 21, 22 & 239 Jaiivary 1st., 1943, 3,000.00 249 25 & 26 January 1st., 19449 3,000.00 279 28, 29 & 30 J_iivary 1st., 1945, 49000.00 31, 32, 33 & 34 Ja11 :ary lst., 1946, 41000.00 352 369 379 38 & 39 January 1st., 1947s 59000.00 402 41, 429 43,& 44, January 1st., 19481 59000.00 452 460 471 48 & 491 January I.-t., 19491 59000.00 501 51, 521 53,& 54, January 1st., 19502 52000.00 559 561 579 58 .59 & 60. January 1st., 1951, 6,000.00 5. -That said warrants shall be,,tr interest from date until paid at the rate of six per centum (65) per annum, payable January 1st., 1927, and semi- annually ti�iereafter on the 1st. day of July AnC the lst. day of January of each year, whidh interest is a part of the contract price agreed to and shall be evidenced by coupons attached to eac i of :=aid_ y-arr• nts. Past due interes L shall bear interest at the rate of six per cantum (6.) per wnnlun from maturity until paid. 6. Principal and interest of said warrants shall be payable in lawful money of zhe United St^ ,;es of America -ppon presentation and surrender of v arrants or proper coupons at the National Bank of Commerce, Few York City, ITew York. Said warrants shall provide Via.t in the event of default in the pc:�y ment of principal or interest, and the same is laced in the hands of an attorney for collection, or if collected by legal proceedings of any Yind, aii additional amount of ten fer centum (100) on the principal and interest their due shall be added as attorney s fees. 7. Said warrants shall be signed by the Mayor, countersigned by the City Secretary and registered by the City Treasurer, and the seal of the City shall be impressed upon each of said warrants. Facsimile signatures of the Mayor and City Secretary may be lithographed upon the interest coupons. 8. The form of warrant shall be substantially as follows: No. THIS in the County arid. subsisting its assigns or $1,000.00 UNITED STAr."ES OF A17RICA ST `i.TE OF TEXAS COUIFTY OF LUBBOCK CITY OF LUBBOCK ELECTRIC LIGHT PLANT WARRANT? SERITS 1 OF 1926. IS TO CERTIFY that the City of Lubbock, a municipal corporation of Lubbock, and State of Texas, under and by virtue of a valid contract, is justly indebted to Fairbanks, Morse & Co., Contractor bearer, in tAe principal sum of ONE THOUSATsD D0TTARS 01,000.00) in lawful money of the United St"tes of America. , vrith interest there- on from date hereof until paid, at the rate of six per centum (6%) per aniium, interest payable January lst., 1927, and semi-anirially tilereafter on the 1st. day of July and the lst. day of January of each year; past due interest shall bear interest at the rate of six per centum (6o)'per annum from maturity until paid; both principal and interest payable at he National Bank of Commerce, New York City, New Yoriti, upon presentation and surrender of warrant or proper coupon; and th- City Treasurer of said City is hereby authorized, ordered and directed to pay to the said Fairbanks, Horse & Co., Contractor, its assigns or bearer, at the said bank, the said sari of One Thousand Dollars ($1,000.00) on the lst. day of January, 19 , the date of maturity of this warrant, in full setulement of the indebtedness hereby evidenced, from the "Special Electric Light Plant Warrant Fund, Series 1 of 1925" of said City levied, assessed and - created. for that purpose. IT IS HERIMlY especially agreed that if this warrant, or any interest coupon hereto attached, is not ;aaid at maturity, and the same is placed in the hands of an attorney for collection after maturity thereof, or suit is filed thereon, or collection made by legal proceedings of any kind, an additional amount of ten per centum (10%) on the principal and interest then due shall be added as attorney's fees. T'LIS 7iARRANT is one of a series of sixty warrants, numbered from one (1) to sixty (60), inclusive, in denomination of One Thousand Dollars (VA1,000.00) each, aggregating the sum of Sixty Thousand Dollars, ( 60,000.00) issued for the purpose of evidencing the indebtedness of the City of Lubbock to the said Fairbanks, Morse &: Co., its assigns or bearer, for the furnishing or an additional unit for the electric light plant in and for said City, in accordance with contract between said City and said Contractor, _Mder and by virtue of the Constitution and laws of the State of Texas, and in pur- suance of Ordinance No. , duly and legally adopted by the City Commission of said City on the day of December, 1925, and recorded in Book, Page of the Minutes of said Commission T117 DATE Or tiis warrant, in conformity with the ordinance above mentioned, is January 1st., 1926; and it is hereby certified and recited that all acts, conditions and t-"sings required to be done precedent to Arid in the issuance of t._is warrant have been properly done and performed and have happened in regular and due tirie, form and manner as required by law, and that the total indebtedness of said City, including this warrant and the series of which it is a part, does not exceed any constitutional or statutory limitation. IN TESTII,iONY V4MIREOF, the City Commission of the City of Lubbock, Texas, has caused the seal of said City to be hereto affixed and this warrant to be signed by the Mayor and countersigned by the City Secretary, as of the date last above written. C OUNTrRS I GITED : City Secretary City of Lubbock, Tex- s. :,yor, City of Lubbock, Texas. REGI S` -717D, this the day of , 1926. City Treasurer,.City of Lubbock TEXAS. The form of interest coupon shall be substantially as follows: NO. $30.00 OIT TIFF 19T DAY OF , 19 , the Cit;; of Lubbock , Texas, will pay to Fairbanks, Morse &: Co., Contractor its assigns or bearer, at the ITational rank of Commerce, New York, I'. Y. the sum of Thirty Dollars (,0.00) , being six months interest due that day on CITY OF LUBBOCI' ELECTRIC TIGHT FMAITT 1"A"RAIT1.', SERIES 1 Of 1926, No. dated J:.tnuary lst., 1926, to vrhich this coupon is attached and is a part +J thereof. City Secretary. -y or. The following assignments shall be printed oi_ the back of each of said warrants: ASS IGIMENT. TiIIS IS TO CERTIFY that Fairbanks, E'orse & Co. has received the within principal Electric Light P1=nt Vlarrant, and the interest coupons thereof annexed, from the City of LubbocL, Texas, and, for value received, hereby transfers, assigns., sells and delivers, without recourse, to I;'A. Myrick, all right, title and interest it has in and to the same, and also the proportionate part of saic_ contract price and the debt due it, with interest thereon, by said City, which is represented by the amount called for by this principal warrant and the annexed coupons; and said W. A. Myrick is hereby subrogated to all claims, liens, rig,it or title, whether in lave or in equity, which are or may be secured to said Fairbanks, Morse 8 Co. in said contract, and it hereby authorizes him to collect the same and give full receipt and acquittande thereof in its name. ^AIRBAITUI ITOR�:E & CO.? Contractor, j !1 I hereby assign, sell and deliver, without recourse, to bearer, all right, title and interest I have in and to the above mentioned warrant and annexed coupons. 9. Said warrants shall be executed and delivered to said Contractor on estimate to be allowed by the City Commission when said manchinery has been delivered in said City of Lubbock and accepted by the City Commission. 10. IT IS FURTHER ORDAINED that a fund be and the same is hereby made and created and shall be set aside and designated as 'SPECIAL ELECTRIC EIGHT PLANT VIARR:',NT FUND, SERIES 1 OF 192611, W.-.ich fund when collected shall be used to pay the interest and provide the necessary sinking fund -to pay said warrants at maturity, and for no other purpose; the-t to create said fund for the purpose of paying the interest on said warrants and providing sufficient fund to ay them at maturity, a tax of and at the rate of fd)ur and one half cents (4&) on the $100.00 valuation of all taxable property in said City shall be annually levied, assessed and collected, and said tax is here noea levied for the current year, and no much thereof as shall be necessary for eacA succeeding year while said irnrrants, or any of them, are outstanding and unpaid, and the same shall be annually assessed and collected and applied to the purpose named. 11. IT IS FURTIM ORDALYTED that in addition to the ad valorem tax levied to pay the interest on sc.id warrants and to provide a sinking fund to redeem them at maturity, the revenue derived from the operation of the electric light plant of the City of Lubbock, Texas, or so much thereof as shall be necessary, is hereby irrevocably pledged to pay the interest and principal of said va.rrants at their respective maturities. 12. The fact that the City of Lubbock is in urgent need of electric light extensions on account; of the rapid growth of the city, creates an em- ergency and an imperative public necessity that the rule requiring ordin-inces to be read at More than one meeting of the City Commission be suspended, and it is so ordained, and this ordin,.nce shall take effect :,n� be in force from and after its passage and approvz,l PA`;SED, this theday of December, 1925. AD -'-ROVED, this the day of December, 1925. f yo of lu boc'_k, Texas. There being no further busii/�s the m eting ad j urned. READ and APPROVED this the _day of 1925.