HomeMy WebLinkAboutMinutes - City Council - Regular - 6/3/1957RECESSED REGULAR MEETING Lubbock, Texas
June 3, 1957
The City Commission of the City of Lubbock, Texas, met at 2 P.M. in recessed regular session, recessed
from Regular Meeting of May 28, 1957, at the regular meeting place in the City Hall, the following
members thereof being present to -wit:
Mayor S.S. Forrest, Jr., Commissioners Lennis Baker, ]avid Casey, Homer G. Maxey, City Manager
H. P. Clifton, City Attorney Vaughn E. Wilson, and City Secretary -Treasurer Lavenis Lowe.
Absent: Commissioner O.L. Byrd
7-16-314-833 This meeting was called for the purpose of discussion in regard to pumping water from the surface lake
located in the Maxey Park between Nashville aid Peoria and 26th and 30th Street, into Tech Terrace
lake located between 23rd and 25th and Flint and Gary Avenue. It was brought to the attention of the
City Commission that approximately 35 residences would be flooded if an,additional one or one and one
half inches of rain should fallin the immediate future.
Motion by Commissioner Maxey, seconded by Commissioner Casey, motion carried, Mayor Forrest and Com-
missioners Baker, Casey and Maxey voting Yea, none voting Nay, to authorize the City to rent
approximately 1,500 or 2,000 feet of 10" aluminum pipe and to start as soon as possible pumping the
water from Maxey Park lake into the Tech Terrace Lake. Approximate cost of this project to be
$2,000.00 to $2,500.00.
7-16-314-834 Motion by Commis3Loner Baker, seconded by Commissioner Maxey, motion carried, Mayor Forrest and Com-
missioners Baker, Casey and Maxey voting Yea, none voting Nay, to authorize W.W. Condray, certified
Public accountant, to investigate, for the City of Lubbock, the accounts and records of the South-
western Bell Telephone Company at its home office in Dallas, Texas, in an effort to gather informatioi
for the City of Lubbock in connection with the Telephone Company's request for increase in telephone
rates, said request being of record at Page 309-310, Minute Book 16. W . Condray's expense for this
trip to be paid by the City of Lubbock.
;7-16-314-835 The followinb exchagge of securities of accounts was approved by the City Commission:
May A 1957
Mrs. Lavenia Lowe
City Secretary
City of Lubbock
Lubbock, Texas
Dear Mks.- Lowe:
Atkhe present time we have $5,125,000.00 U.S. Treasury Bonds pledged to secure funds on deposit with
us by the City of Lubbock. At this time we would like to withdraw $2,000,000.00, leaving $7,125,000
pledged.
If this meets with your approval, we will appreciate you directing A letter to W. Vincent J. Manley,
Assistant Cashier, Republic National Bank, Dallas, Texas, authorizing the withdrawal of $2,000,000.00
2-1/2 % U.S. Treasury Bonds of 1961 held under Safekeeping Receipt No. 59520.
--Very Tmlx y9grs,
/s/ HAROLD MUM,
Vice Presiient
Withdrawal of funds as stated above approved :
COUCH; �Y: r-d� A"t. Auditor
W. Vincent J. Manley,
Republic National Bank
Dallas, Texas
Dear W. Manley:
June 3, 1957
Assistant Cashier
Audvrization is hereby given for withdrawal of $2,000,000.00 2-1/2 % U.S. Treasury Bonds of 1961
from the Citizens National Bank, Depository for the City of Lubbock. Said bonds being held under
safekeeping receipt No. 59520.
Yours very truly,
/s/ MRS. LAVENTA LOWE,
City Secretary -Treasurer
NO FURTHER BUSINESS COMING UP FOR CONSIDERATION
READ AND APPROVED THIS THE 13th DAY OF June
ATTEST:
Zo
i
LA IA LW E, Mty Secretary -Treasurer
THE CITY COMMISSION
, 1957
II
S. S. FORR T, JR., Mayor