HomeMy WebLinkAboutMinutes - City Council - Regular - 9/9/19293C=:Y1t:.mb::r 9, 1929.
1'he (.city "oII7TTliasiUll of ti7P. City of iu(1:.O1 i:, ��= �, "';let at 1:50
1-.IA. in iece, sed .".isFul<:•r ae3sion, _. ceSS:,�. 'rc.Yrl _•E;a'.14l i..E otlt)
of _:u?-ust 22, 1°��, in the :.c?; 1:r i.c: uiCi? riace, the follo,.aiiip' members
thereof being
iri&-or Joods, C om, -, is si one-, S ;ccn, i�;�ti�_L„'.";, �ity
-•uorney .L. Zl--tt Una
t.uSBtlt, i:0:;i;Ti158i0t7ey'o TT 7c 11Y:1(13 c nu _.. V. Ve: � �� , an .r::.retary
On moticn raade by !,, - Lez;ver uon, seconded by J.1'. ::ucOn, duly cti'' 16d,
it was oruererl by the ..'ity ':or.imission that ':he mui;iciral airrcrt
bonda to the c'. �: n t of "'40 , 000. 00 of �- :rlaturi pies , ;j-�.r
5/o in ter st 'ram iiL'?USt 1 , 100 , be del iverea to -. :.;i l tci-_ ones
and Jones, from l,hom t1 e ;'ity Jection w8 in
Llock A, LUb` ock County, ext,;S, fOr '�he Tur-no :e of a mu!—Aciral cl r-
port, -for an ap'reed consi:ler�ation of a10,000.00 •,.!i,ich tm,nsZ4c'�icn
should have been closed on or be -','ore 1, 192-0, but era?-ish could
no1i 1)e C10 -Ca u: t0 th') f t T,hat bh6 ^.11:1.7iC L r,a1 1rY-0:'t b0rlds
cj_•.d 1:10t Uc;eY7 j t'111 tJ'i Laic Ile e not _ =L:r 7 .70L•ud i t
- J f
aepi;Grir;-, _.t the said J. Iriilt.:r1 :on L'11a Jones
offeru-1 par a n a accruc;fi Lnter�Dat for staid brad.., and wrre entitled
to their considemition, with int •rest fr�:7 :��.Tvot 1, 10��3, and
the ::ity has had use, l;osse,3sion n e n j c 'rrl:,nt oz--�id section
of land since s :id :1�te, it is aiutu;11-7 .'e.- !!,!Lth said
d. Lli_ tun Jones c.:nd i:i_s. J.1�i. Jones th,.I: uhey have all interest
accrued on said bonds since, .:v�l. t 1, 1029, in consider,,.lion of
the fact th&-t they were entitled to their ru_'chuUe -Price on said
date and the �:ity has has uUe, jossessi, n C.:nd Onjc.ynl rlt of said
land sLnce said date, and that, the use, possession v.tid enjo�jtllent
of said land is balancaa b-,T the ac-crued int,z�reUt on the bonds
of �40,000.00 sold to said J. I.`ilton Jones an- Jones.
Lotion by Lr. I, u�.�_totl, seconded by j•-^, -.t on, C;_ain�.nce 1o. 452�
passed li_Ut reading.
?1C. 45-2.
1. . D'AT C_. L(. T 1 _..�- ?YTL J...I Y Z1 _rJ .G1 .J .3_ T.n•,, �1.J 'C`l ._ r:.•1�.1 031 .
C cT �1 _�lT 1 �_ _� i'; ,'TTT.
H 3_ �1 _ v.
T1 •* TT r -T,- r y -, • TT ,I_ TT I g
?.J J , IL1 _i1 ..J 111 i,J._T) ,'1'�,.iI �l X ,O
1T7T �1 TT 7Iry ,, /1 "'T !1 '11 'S TT.n Fy } T.. t,-T 1 ATIT�iT � T ?Try-i rl
.L .it ~1:_i.. _I ,J� :l __.... I.J .��)i._.
A -MT ��...-...� '1' '1 T`T "TT". .Tr�n .. .ITT.._, �l A'I'^ 1 �'- TTw IT
T_v11ut_I -,lI IC'), .� 1_. _.:. :C�� , � .:� IT ;mil•,
r 1
No further business co -ling' ur. -or :�cnsi.ier:_tion, u; cn notion by
Mr. �a.con, seconded by .... T u-. r,c;n, bh�� 7ity �0!_Z,is;i n adjourned.
ead and arrrove-d t :is /�i� 3° • o
'7off !4v
-or.
City