HomeMy WebLinkAboutMinutes - City Council - Regular - 3/8/1928REGUTAR 11ZETIN13. Lubbock, Texas, Larch 8, 1928.
at 1:00 P.M.
The City Commission of the City of Lubbock, Texas met/in regular
session at the regular meeting place in the City Hall, the follow-
ing members thereof being present, to wit
Mayor Pin$ L. Parrish, Commissioners A. V. Weaver, J. 0. Jones,
X. S. Posey and J. H. Hankins, City Attorney E. L. Klett, City
Manager G. 17. McCleary and City Secretary 'd. H. Rodgers.
Minutes of Regular Meeting of February 23. 1928, and of Called Meet-
ing of March 3, 1928, were read and upon motion made by Mir. Jones,
seconded by Mr. Posey, they were unanimously approved.
"Minutes of accounts Allowed" from Warrant No. 10754 to Warrant No.
10933, both inclusive, were read and u-on motion made by Mr. Jones,
seconded by Mr. Hankins, they were unanimously approved and ordered
signed by the Mayor and City Secretary.
Upon motion made by Mr. Hankins, seconded by Mr. Weaver, carried
unanimously, the City Secretary was authorized and ins tructed to
issue warrant in favor of W. S. Electric Co. for �375.00 for runninz
conduits for alarm telephone and light wires at new Fire Station.
Upon motion made b,r Mr. Hankins, seconded by 1dr. Posey, carried
unanimously, City Manger r. Ud. McCle ary was authorized and in-
structed to put in water line for Denver Railway Co. down alley be-
tween Avenue H and J and extend into Miorning Side Addition as per plane
submitted by City 3ngineer M. R. Smith, Jr.
Upon motion made by Mr. Jones, seconded by Mr. Seaver, carried unan-
imously, the City Secretary was authorized and instructed to issue
warrant in favor of the Lubbock Fire Department for �196.04 to reim -
burse them for money paid out in building new fire truok.
Upon motion made by Lr. Hankins, seconded by lur. Seaver, carried
unanimously, City Manager G. `d. McCleary was authorized and instruc-
ted to put in additional fire hydrants where necessary in the bus-
iness district to meet the Fire Insurance Com:.iission requirements.
Upon motion made by Mr. Weaver, seconded by Mr. Hankins, carried
unanimously, City Manager G. W. McCleary was authorized and instruc-
ted to put in water and sewer lines in Northwest part of Overton
Addition where needed.
Upon motion made by Mr # Posey, seconded by fir. Hankins, carried unan-
imously, C. H. Mahoney s landscape plans for City Park were adopted.
Upon motion made by Mr. Posey, seconded by Mr. Rankine, carried unan-
imously, City --ngineer Smith was instructed to lay out driveways in
City Park as per plans and grade roads at once. The Park Committee
was instructed to submit plans for planting trees to beautify park.
Upon motion made by Mr. Weaver, seconded by Mr. Rankins, carried unan-
imously, Mayor Pink L. Parrish was authorized and instructed to enter
into contract for a period of two years only with J. Perry Burrus for
furnishing electric power for elevator.
Upon motion made by 11r. Hankins, seconded by ter. Jones, carried unan-
imously, Mayor Pink L. Parrish was authorized and instructed to enter
into contract with Brown & Crummer, aece]nting their proposition as
submitted ty their representative, Mr. IA. H. Smith, as per the follow-
ing contract;
Lubbock, Texas,
March 6, 1928.
To the Ron. City Commission
Lubbock, Texas.
Gentlemen:
We hereby propose to assemble your outstanding warrants which
were included in your refunding bond issue dated 20th day of May,
1927, and when and as assembled to surrender the same to the City on
a basis of 5j percent, figured to maturity on all warrants except those
issues which are optional, and figured to the call date on them, plus
1 percent additional where the call feature provides the City shall
pay 1/o premium at call. As assembled they shall be delivered to the
Comptroller for cancellation, and we will accept in lieu thereof a
like amount of refunding bonds of average maturity, bearing 5jo inter-
est at par and accrued interest, you to pay the accrued interest on
the warrants to date of exchange.
Hereto attached is schedule A, showing the premium you will pay
for the warrants of each maturity, also schedule B, showing total
saving to be made by the City when the warrants are exchanged under
thie proposition.
You are to furijish us with a full transcript of proceedings au-
thorizing the issuance of the bonds, and such certificates as will be
required by the market attorney for approval. le are to pay for the
approving opinion.
This contract shall terminate ( unless extended by agreement) at
the end of 18 months.
Respectfully submitted,
The Brown-Crummer Co.,
14. H. amith
,ire, the undersizned duly authorized officials of the City of Lub-
bock, Texas, hereby accept the above proposition, by order of the City
Commission, and agree to the terms set out above, and as shown in
schedule A. attached hereto.
Pink L.- Parrish
Mayor, bity of Lubbock
Attached:
W. H. Rodoers
ity Secretary, Lubbock, Texas
(Schedule A) OUT3T TTDINr I33 3 - - ;JA7?7=133
I1laturity 18,000 18,000
1929
39000
1.000
1030
2,000
1,000
1931
39000
19000
1932
2,000
1,000
1933
3,000
1,000
1934
2.000
1,000
1935
3,000
20000
1936
2,000
2,000
1937
3,000
2,000
1938
2,000
2.000
1939
3,000
2,000
1940
2,000
2.000
1941
3,000
1942
29000
1943
3,000
1944
2,000
1945
3,000
1946
2,000
1947
3,000
1948
1950
1951
60,000.00
Total
46,600
54,698
19000
7,000
19000
69000
10000
7,000
1,000
6.000
1,000
8.000
1,000
99000
2,000
10.000
2.000
9,000
2,000
119000
29000
69000
39000
6,000
3.000
59000
39000
69000
3,000
5.000
4,000
79000
4,000
6,000
59000
89000
5,000
5,000
59,000
59000
5,000
5,000
6.000
6,000
-,3202,298
(Schedule B )
24, 600
600
2,000
2,000
9,000
2,000
2,000
2,000
2,000
3,000
3,000
4,000
52 BASI33 PRICE
PER 1,000.00
1,005.00
1,011.50
1,013.70
1,017.70
1,021.60
1.025.30
1.028.70
1,030.20
1,035.10
19038.10
1.040.90
1.043.50
1,046.00
1.048.60
1,050.60
1,052.80
19054.80
1,056.70
1,058.50
1,060.80
1,061.80
19063.40
1,064.80
Total
Premium
To to 1
21,818
618
1,000
1,000
1,000
1,000
1,000
1,000
1.000
1,000
19000
2,000
2,000
2,000
2.000
2,000
2,000
29000
29,880
880.00
22,000.00
2,000.00
2,000.00
2,000.00
2,000.00
2,000.00
2,000.00
2,000.00
2,000.00
2,000.00.
2*000.00
2.000.00
2,000.00
2.000.00
29000.00
TOTAL PREIA M
23.00
651.32
95.90
106,20
151.20
151.90
229 .60
221.40
351.00
342.90
449.90
261.00
276.00
243.00
303.60
264,00
383.60
340.20
468.00
304.00
309.00
317.00
388.00
6477.12
516.98
69 94.10
516.98
For call.
AMOUNT
OUTS A LADING EACH YEAR
DIFFERENCE IN
5% and 6%
1929
2029298
2022.98
1930
197,698
1976.98
1931
191.000
1910.00
1932
182,000
1920,00
1933
173,000
1730.00
1934
164,000
1640.00
1935
1539000
15 30 .00
1936
143,000
1430.00
1937
130,000
130 0.00
1938
118,000
1180,00
1939
104,000
1041.00
1940
94,000
940.00
1941
849000
640.00
1942
75.000
750.00
1943
65,000
650.00
1944
56,000
560.00
1945
45,000
450.00
1946
379000
370iOO
1947
29.000
290.00
1948
21,000
210.00
1949
16,000
160.00
120
3chedv le '3 (con. )
AMOUNT OUTS^A.NDING
EACH Y y!.R
1950 119000
1951 6,000
DIF FE= NCE IN
5,7� t7D 6 %
110,00
60.00
1�22 , 996. 96
Interest Saving Total $229969.96
Less Cash of Refd. 6,994.12
Net Saving over Period. 15,975.84
The following is an order of the City Commission authorizing said
proposition:
Lubbock, Texas,
March 6, 1928.
Hon. S. H. Terrell, Comptroller,
Austin, Texas
Dear Sir:
The City of Lubbock has made arrangements with the Brown-Crummer
Co., of Dallas, Texas and Wichita, Xansas, to assemble the remaining
outstanding warrants included in the refunding bond issue dated 20th
day of May, 1927, and this will be your authority to deliver to them
or their order these bonds in like amount and of approximate average
maturities as the warrants are surrendered by them for cancellation.
ATTEST:
W. H. Ro dgers
City Secretary.
Very truly. yours,
Ping L. P rri sh
Mayor, City of Lubbock, Tex.
The following Ordinance was offered for consideration and passage by
the City Commission:
ORDINANCE NO. 406
AN ORDINANCE PROHIBITING THE POURING OF, PLACING OF ANY OIL OR
GREASE OR CRAIZZ CASE DR1,ININGS INTO ANY PIUTIBI113 CONNECTED WITH THE
SEWERS; AND PROHIBITING THE PLACING OR POUKI11G OF ANY OIL, GREAa�; OR
CRAM CASE DFAININGS AT ANY PLACE SO THAT SUCH OIL, "REASE OR D_tAIN-
INGS WILL NUN INTO ANY CONNECTION r'VITH TEO, SEWER3, AND FIXINI A PEN-
ALTY.
Commissioner Jones moved that the Ordinance be placed on its first
rending; seconded bT Commissioner Weaver, and carried by the following
vote:
Aye: Commissioners Jones, Weaver, Posey and Hankins
No : None
Carried: Ordinance placed on its first reading.
Commissioner Hankins moved that the Ordinance pass first reading; se-
conded by Commissioner Posey, and carried by the following vote:
Aye: Commissioners Hankins, Posey, 'Weaver and Jones
No : None
Carried: Ordinance passed first reading.
11he following Ordinance was offered for consideration and passage by
the City Commission:
ORDINANCE ITO. 407
ORDINANCE .rIXING UNIFO_ddi LICENSE FEES OF TWITEY ($20 .00) DOLLARS
EACH TO BE PAID ANNUALLY BY PLM.1"B:RS, ELECTRICIANS AiID GAS PITTE23;
DECLARING IT UNLAWFUL TO OPERATE dITHOUT SUCH PAYT.?EIJT, ATID FIXING A
PENALTY FOR VIOLATION.
Commissioner Hankins moved that the Ordinance be placed on its first
reading; seconded by Commis:.ioner Jones, and carried by the follow-
ing vote:
Aye: Commissioners Hankins, Jones, ;'ieuver and Posey
No done
Carried: Ordinance placed on its first reading.
Commissioner Posey moved that the Ordinance pass first reading; se-
conded by Commissioner deavcr, and ca,,,hied by the following vote:
Aye: Commissioners Posey, 'deaver, Jones and Hankins
No : Non e
Carried: Ordinance placed on its first reading.
Commissioner Jones moved that the Ordinance pass first reading;
seconded by Commissioner Fose77, and carried by the following vote:
Aye: Commissioners Jones, Posey, Hankins and 'Deaver
No : None
If Carried: Ordinance passed first reading.
Ae following Ordinance was offered for consideration and passage by
the City Commission:
ORDIIIAITC3 NO. 408
�DF y TUND� ORDININCi♦; UIIIFO'.U,I BOIT($1,000.00)
DOLLARS EACH L103 EL CTRICIriNS, PLUMBERS 11.11D 3AS FITTi:R7; D CLLRING
IT U_'TLA".YFUL TO N,�si; I" BUSIN S") IIiHOUT SUCH BOITD; AND FIXING
P.&'TA LTY.
Commissioner Hankins moved that the Ordinance be placed on its first
reading,; seconded by Commissioner Jones, and' Carried by the following
vote:
Aye: Commissioners Hankins, Jones, Posey, and ddeaver
No : None
Carried: Ordinance placed on its first reading.
Commissioner Posey moved that the Ordinance pass first reading; se-
conded by Commissioner cleaver, and carried by the following vote:
Aye: Commissioners Posey, Weaver, Jones and Hankins
No : Non e
Carried: Ordinance passed first reading.
The following Ordinance was offered for consideration and passage by
the City Commission:
O---DINANCE ITO. 409
AN ORDINANCE FIX INGX WATT RATE IIT T M CITY OP LUBBOCY_; I.TAKING
BILLS PAYABLE IIT FIFTEEN D1 YS FROM DATE I ENDE EL; "PIESCRIBING MIN-
I11UTJ RATE OF 02.00 PER MONTH FOR EACH COITSUMER ; r,LLOWild J 10 � DIS-
COUNT ON BILLS IF L'AID II1 TEN DAYS AFT. JR R :1;I1Di;I:RD; AND DECIARING
21ERGENCY .
Commissioner Posey moved that the Ordinance be placed on its first
,and final reading; seconded by Commistioner Hankins, and carried by
the following vote:
Aye*- Commissioners Posey, Hankins, Jones and Weaver
No : Non e
Carried: Ordinance placed on its first and final reading.
C6mmissioner Jones moved that the Ordinance pass first and final
reading; seconded by Commisuioner Weaver, and carried by the follow-
ing vote:
Aye: Commissioners Posey, Hankins, Jones and :Deaver
No : None
Carried: Ordinance passed first and final reading.
Mayor Parrish then declared said Ordinance finally passed, same being
Ordinance No. 409 of record in Ordinance Book No. 1, pa7e 347, et seq,
of the Minutes of the City Commission.
Upon motion made by 1Ar. Posey, seconde , by Mr. Weaver , carried unan-
imously, '-Rental Contract in favor of J. Id. Phillips on land northwest
of town submitted and approved by the Commission.
Upon motion made by Mr. Hankins, seconded b7 Yi . cleaver, carried unan-
imously, the following Gas Fitters' Bonds were approved and :ordered
fil ed:
W. T. Be 11
T. J. Morgan
A. F. Jackson
Fred Joyce
Upon motion made by Mr. Hankins, seconded by Mr. Jones, carried unan-
imously, the following Paster !?lumbers' Bonds were approved and or-
dered filed:
W. A. Lindsey
Fred Joyce
C. A. Gibson
W. T. Bell
Upon motion made by Mr. Jones, seconded by Mr. Posey, carried unan-
imously, the Jidewalk Bond of Roscoe Bateman was approved and ordered
filed.
Upon motion made by Mr. Weaver, seconded by Mr. Jones, curried unan-
imously, the following tax Items were approved r.,s submitted by Tax
Collector 9. L. Holland:
The 1927 tax rendered on unknown rolls on lot 4, block 235, 0. T.,
reduced from ;0340.00 to 80.00, as there was no house there January
1, 1927.
The 1927 tax rendered on unknown rolls on lest 50 ft. lots 4 & 5,
block 15, Overton Addition, reduced from $2250.00 to $600.00, as
the house was started after January 1.
No further business coming up for consider Lion, upon motion made by
Mr. Hankins , seconded by 1dr. Weaver , the m :eeing adjourned to meet
at 3:00 P. 1:1. Nurch 16, 1928.
Read and approved this day ofI'- A. D. 1928.
941t��.
Mayor
ATTEST :
ity 'ecret