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HomeMy WebLinkAboutMinutes - City Council - Regular - 2/27/1941REGUL:,R 1:11E`i'ING. Lubbock, Texas, =eb. 27, 1941 The City Commission of the City of Lubbock, 'texas, net at 1:30 in R,� �ular Session at the Regular I::eeting i lace in the `amity Hall, the following members thereof being present, to -wit: I.':ayor C E Slaton, Coreissi.oners 'J G L'cl.-Allan, Nub Jones, `;7 B ]'rice, Garl:)nd Newsom, City Attorney Lurtiood 1' Bradley, City I,ana(_,.•er H Rodgers and City Secretary Lavenia Villiar:!s. Absent: none. -'he Kinutes of Ra_.-ular- iAeetinc; of Feb. 13th and Recessed -'e :iar I-eeting of Feb. 25, 1941, were read and upon Notion by Commissioner Jones, seco_ (ced by Commissioner i'rice, they were unanimously approved. The State of Texas �( County of Lubbock Q CITY OF LUBBOCK OIT TITS the 27th day of February, 1941, the City- Commission of the City of Lubbock, 'exas, convened in Re{-ular Session , at the Regular I=eeti.ng Pl- ce thereof in the Cite Hall, with the following rembers t'.zereof, to -grit: C.E. Slaton I,:ayor 'T B Price Cor .: issioner To. 1 "I G I.'cI.'illan Cormaissioner ITo. 2 Garland _IeT:.jsor,, Cor:3-issioner No. 3 Hub cones Corrriissioner No. 4 present, and the follo?riing absent: 1'•Tone. constituting a quorum, rahen, arlonr• other proceedings ;,ud, v.1ere the fo11o�,ging: Cor:.raissi:Yner Trice introduced an ordinance entitled - - "AN ORDII -ICE by the City Cor-!nission of the City of Lubbock,Texas, authorizinz`_, the issuance of bonds for the principal s,.rn of '175,CD 000.00 for the :purpose of constructin improvements and extensions to the Electric Light Plant of said %ity; prescribing the form of the bonds and the for]:: of interest coupons; levyin. a continuine direct annual ad valorem tat on. all taxable properties within the limits of said City to pay the interest on suchbonds and to create a sinking fund for the redemption thereof, and providing for the assessment and collection of such tax; enacting; =visions incident and relating to the subject and ;purpose of ti:is ordinance; and declaring an emergency." The ordinance -was read by the City Secretary. Whereupon, Co-nx.iissioner Price moved that the rule requirinn; that no ordinance shall be -gassed on the day on i,,ihich it be introduced be suspended, and that in vie?^, of the emergency set fort'l and defined in the prearible to the proposed ordinance, that the same be declared an emergency measure. This motio _ was dul - seconded by 'Commissio_er I: cI, illan. 'The motion carried by the following vote: AY JS: L=as-or Slaton and Corriissioners !'rice, L1cLiillan, Newsom and J,)nes. NOES: None. Thereupon, the 1.'ayor announced that the proposed ordinance had been declared an emergency Treasure by unanimous vote of the Commission. Thereupon, Commissioner Jones, moved that the ordinance as read in full by the City Secretary be finally passed and adopted by the Commission. This notion was seconded by commissioner Newsom, and the notion, carrying z=iith it the final passage and adoption of the ordinance, was unanimously carried b-7 the follo?aing vote: AYES: I.�yor 0­1aton and '�ol:,miss°i_oners Price, 1-cI:ii1lan, ide�vson and Jones. NOES: Ido n e . i'�ereupon, the i­a�ror annot-.nced that the ordinance had beesa finally passed and a(:opted by unanimous vote of the Commission, in accordance �,iith the re-uirements of Sections 15, 16 and 17, of -article IX, of the Lubbock Charter; and the I,iayor thoreupon signed and ?_proved the ordinance in the presence of the Cora-:ission. she ordinance is as follo,Ms : CRDTi,'_ NTCE No. 659 "AI• ORDII3A-.,,C E by the City Cor.Lri ssion of the City of Lubbock, Texas, authorizlii , tide issuance of bonds Tor- the principal sum of '175,000.00 for the purpose of constructing• improvement's and extensions to the Electric Lic ht Plant of said City; prescribin • -the forr:, of the bonds and the form of interest coupons; levyiins• a continuin direct annual ad valorem tax on all taxable properties jithin the limits of said Oity to ;gay t'1e interest on such bonds ^.nd to create a sinking fund for the reder.ption thereof, and providir_�, for the assessn ono— :.end collection of such tax; enacting provisions incident and relatir,: -tD the subject and Durcose of t'..As ordinance; and decla rinL an ever-ency. t' ri:E'RE_' S undar and by virtue of a resolution and order duly passed b,-,r the City Comr.-,ission of the City of Lubbock, `iex•_�_s, on the 26th day of December, 1940, an election vas ordered to be held in said pity on the 14th d -y of January, 1941, and at vahich election the following proposi- tion was subr.,itted to the qualified electors of said City: "SI-LiLL the City Cor_rr,ission of the Jity of Lubbock, Texas, be authorized to issue bonds of said Cilty, in the prin^ipal sun of ONE HUI1.TDRED EVETm'Y-FIV_E T _nUSA-i?D DOLLI:RS (�1'75,CC0.00) , maturing serially within five (5) years frog: their: -date, bearing interest at a rate not exceeding T SEE P R CEJ',1fU--_ (3' ) per anniu, payable semi-annually, and to lever a tax on all taxable property in said City sufficient to pal, interest on said bonds and provide a sinking fund with which to pa.y the principal at maturity, for the purpose of constructing improvements and extensions to the Electric Light -Plant of said City, as authorized by the Constitution and laves of the estate of Texas?" AIND 7JH1EREAS, upon consideration of the returns of said election, the City Commission found that said election had been conducted in the manner prescribed by law, and was in all respects legally held, after due and proper notice as reruired by lava; that due returns of said election had been made b-,, the proper officers; that said election resulted favorably to the issuance of said bonds; that a majority of the qualified electors, voting• at said election, voted in favor of the issuance of said bonds; and that the City Commission is in all things authorized to issue said bonds and to do any and all things necessary and/or convenient in connection there.,jith; and, rIERakS, it is to the best interest of the City that the authorized improvements and extensions to the Electric Light Plant be constructed at the earliest possible date, thereby creating- this an emergency measure for the ir.mediate preservation of the pt.blic peace, property, health and safety, as .°jell as a more efficient administration and operation of the Electric Ligh, Department of the municipal government; therefore, BE IT ORDAINED BY Tx'E CITY OF LUDBOCK: SECTION. 1: That the bones of said City, to be called ''CImY OF LUB30CK, TEL-kS, = LRIC LIGHIT D,.-PROV1-_ENT AIM COITSThUCTIOIT B017DSf; be issued under and by virtue of the Constitution and laTaTs of the State of -Uexas, and the "barter of said City, for the purpose of constructing improvements and extensions to the Elactric Licht Plant of said City, in the principal sum of 0I.1E .t U_?.JRED SEVE!—jIY-FI-7E THOUS''_i:ll DO=_TZ3 (;P'17 5 , 000.00) . SECTIOIv 2: That said bonds shall be numbered consecutively from One (1) to One Hundred and Seventy-five (175), both inclusive; shall be of the denomination of OIJE TriCUS �ITD DOLLIRS ( l.000.00) each, aggregating the sum of OME IIU RED SEVEI-iTY-_,I fE T -uL a i_sD DOLLk3S (4175,000.00). SECTIOY 3: That said b ,nds shall be dated February 10, 1941, and shall mature in numerical order ld"5,000.00 on the loth day of each month beginning January 10, 1942 and ending November 10, 1944, as more fully shos-jn by the following schedule: BOi L i,1L1:BIERS I.�z'^U_II`i'Y D.�TyS _Ji OUNT3 rill Inclusive) 1 to 5 January 10, 1942 �51000.00 _ 6 to 10 February 10, 1942 5,000.00 11 to 15 I.. -arch 10, 1942 5,000.00 16 to 20 April 10, 1942 5,000.00 21 to 25 1-:-ay 10, 1942 5, 000.00 26 to 30 June 10, 1942 5,OGI0.00 31 to 35 July 10, 1942 5,000.00 36 to 40 August 10, 1942 53000.00 41 to 45 September 10, 1942 5,000.00 46 to 50 October 10, 1942 5,000.00 51 to 55 LTovember 10, 1942 5,000.00 56 to 60 December 10, 1942 5,600.00 61 to 65 January 10, 1943 5,000.00 66 to 70 February 10, 1943 5,000.00 71 to 75 Earth 10,_ 1943 _ _ _ 5.000.00 Bond 1,U11bers (.All Inclusive) 76 to 80 81 to 85 86 to 90 91 to 95 96 to 100 101 to 105 106 to 110 111 to 115 116 to 120 I-aturity i)etes April 10, 1943 TIay 10, 1943 June 10 , 1943 �Tuly 10, 1� 43 August 10, 1943 be -ternber 101 1943 October 10, 1943 C ovenber 10, 1943 Dec -giber 10, 1943 Amounts y5,000.00 5)000.00 5,000.00 5,G00.00 5,000.G0 52000.00 52000.00 5,000.00 5,000.00 121 to 125 January 10, 1944 5,000.00 126 to 130 February 10, 1944 5,000.00 131 to 135 Ii,arch 10, 1944 5)000.00 136 to 140 "L)ril 10, 1944 52000.00 141 to 145 "Lay 10, 1944 5,000.00 146 to 150 June 10, 1944 53,000.00 151 to 155 Jilly 10, 1944 5,000.00 156 to 160 u`ust 10, 1944 5,000.00 161 to 165 Septi-.i ber 1.'), 1944 5,000.(10 1cG to 170 �,ntober 10, 1944 5,000.00 171 to 175 November 10, 1944 50000.00 aECTICi- 4: That all of said bonds shall bear interest fro-.. date until paid at the rate of O 7,, 11E1� CEI-711 (1%) per annu_, payable on Au^;ust 10, 1941 and on February 10, 1942, and thereafter such interest krill be paid semi-annually on-::u,r•ust loth and February loth of each year, except interest will be paid at maturity on the bonds r�ic..turin_� between re ,ula.r interest payinC dates; such interest to be--videnced by proper coupons attached to each of said bonds.. SECTI01T 5: 12nat the principal and interest of said seri(N of bonds shall be payable on presentati n and surrender of bonds or proper coupons, in lawful money of the United Mates of Ar,,erica, at CITIZENS 111TIOML BAPS., LUBBOCK, TE--M'-. S:,CTION 6: That each of said bonds shall be signed by the T:ayor and countersi.`ned b-- the City Secretary, and the corporate sezl of the "CITY OF -U',BOCI_, TEYM," shall be i-pressed u:on each of them. S.ECTIOIT 7: That the facsimile signatures of the T..a:Tor and City Secretary -may be lithographed or printed on the interest coupons attached to said bonds, and shall have t'_e sane effect as if they had been sirnea by then. SECTIU..-� 8: That the foini of said bonds shall be substantially as follozrrs : 110.UITITED STATES OF AT. PIRICA rtl, OC'0.00 ST' T 1, O F T ,C-%S 1 .�J �.l 1.J1 , COUINTY OF LUBBOCK. CITY OF LUBBGCI�.) Tuj ELEC7RIC LIGIE�T I:._P1ROULh:E1IT. AND CONS`;:'RUCTIOII BO--"D. CIT<i OF LUBBOCI:, a municipal corporation, of the State of 'Texas, acknowledEes itself indebted to and, FOR VALTIE RECEIVED, hereby ,Dro-:ises to pair to bearer, the sure of O .'OUS�_IID DOLL -FRS ( 1,OCO.00) , in la,v'Lul money of the United -Itates of America., on the loth day of _ 19 .,rith i)-,.terest thereon from the date hereof until raid, at the rate of ONE PER CEI�� 1U ' (1%) per annum, payable on -uSust 10, 1941, on February 10, 1942, and on 101 19 ____, (here the printer will insert proper interest payment date or dates subsequent to February 10, 1942) on presentati,)n and surrender of the rnn(;xed coupons as they severally mature. BOTI. -,J'II;CIPAL and interest of t:-i~ bond are hereby made payable at CITIZENS I; 1TIO AL B-U,7y, LUBBOCT,_,TL1%'-kS. T',IS BOND is one of a series of like tenor and effect, except as to number and raturity, dated the loth day of Februarytt 1941, nu-m'ti eyed from One (1) to one I1undred and )eventy-five (1751 , both inclusive, all of said bonds being; of the denomination of One Thousand Dollars (w1,000.00), aCgregating in amount 0iZ II[,TITLIZ ED SEVEI�'Y-FIVE T� CuSnITD DOI,LA=,S (;�175, 000.00) , and issued for the purpose of constructing inprovements and extensions to the Electric Light :Plant of sa.i d "'it,, under authority of the Constitution and Laws o-' the State of Texas, and the Charter of said City, and pursuant to an order dull- adopted by the Oity Corar::ission of the Citv of Lubbock, Texas, and recorded in the T.'inutes of said City Corumission. IT IS=--EP=BY CE-LTIFI ED, i,yCITED .illD REPRE,-:E- —],D that the issuance of ti:i s bond and the series of .,j-hich it is a part is duly __ uthorized bar law and by a vote of the r.u.alified_property taxpaT Ing voters of the City of Lubbock, Texas, voting at an election held for that purpose within said City on the 14th day of January, 1941; that all acts, conditions and thinCs required to be dj.e precedent to and in the issuance of this series of bonds, and of this bond, have been properly done and performed and have hippened in reCular and due tine, fora and nanner as rewired by lay; that sufficient and proper provision for the levy and collection of taxes has been made which, when collected, shall be appropriated exclusively to the payment of t1is bored anc: the series of which it is a part,and to the payment of the interest coupons thereto annexed as the sane shall becaAe due; and t'_iat the total indebtedness of the City of Lubbock, Texas, including the erti-P series of bonds of •.:'-rich this is one, noes not exceed any constitutional or statutory limitation. II; M=._011.:f -EEREOF, the City of Lubbock, lexas by its `'ity Connission, has caused its corporate seal to be affixed hereto, and this bonO to be si Cned by its ha7or and countersiCned by its ji ty Secretary, and the interest coupons ncroto qtt�coed to be executed Q the lithograshed or printed facsimile siCn.tures of the layor and Uity Secretar73 and to be dates; the 10th day of lebruarT, aCii—yof 1Myor, Lubbock, Texas. =r .�eMot�r�T,�it�T of,-- Lubbock, l'exas . SECTION 9: l'<<nt the fora of interest cov- �n shnll be substantially as follows: 19_—_._. 1 --_ The CITY OF 'UB!30CK, a nuniciml corporation of the Ntate of Texas, '_lereb'r promises to ' 2y to bearer, at CICIZENS K TIUi _1 1Sild , L1T"0CIr 'i:_L:'.J, the sv_-: of - - - - - - - - - - - - - DOLLA_-.S (w_ _ —_) , in lawful money of the United States of America, being— months' interest on the "CITY OF LU__-.BCC:a, =,r- S, y.il;C='21IC LIv= CCITS`_"RUCTION BOLD, t' d - t9d ;t' r ary 10, 1941. Bond i,o. _ _.% Iv_-�11 or 7ty TEMPT S CTM 10: Thst the folloying certificate shall be printed on the back of each bond: OFFICE. VL C01aPTROL1L13R, I RZGIS'lM- NO. STITF OF TEXAS. 1 --- I HEI;JBY CERTIFY that t�ere is on file and of record in my office a certificate of the kttorne 7 General of the hate of Texas, to the effect that this bond has been examined by him as required bar law and that he finds that it hag been issued in conformity pith they Constitution and laws of the State of Texas, and that it is a valid and bindinE obli- gation upon said Oi.ty of Lubbock, Texas, and said bond has this day been registered by me. '..'ITi7E33 L:� '_.-D �E;iL OF W ICE, at Austin, laxas, this the --__-- d'a V of -------- ) 1941. Coript- rollero pl ubic-«ccounts of the state of Texas. s CTIQU 11: DE IT MaT__i R ORD I_;ED iTf Ti.E CITY OF LUBBOCK: Th,t to pay the interest on said bonds and create a sinking; fund sufficient to redeem then at maturity, a tax of Tnenty Three Cents (23¢ ) on each one hundred bollard valuation of all taxable property in the AV of Lubbock, Texas, or such an amount as may at all tii'.:es be legally necessary, shall be annually levied on said Droperty and annually assessed and collected, or so nuc! thereof as shall be necessar�, or in addition thereto as '.:lay be required, until said bonds ;`•]it:i interest tale coon have been fully pa_id; and the said tax of Twenty three Cents (231) is sere i-io'flevied for t''''_e current year, and so much thereof as shall be necessary, or in additi'on thee: to as nay be required, is her by levied for e�ch succeeding yeir nhile said bonds, or any of they:, are outstandin , and the snore shnll be annually assessed and collected ,and applied to the purpose named; provided, thAt to pay the interest on said bonds dint will nature on "ugust 10, 19?1, there is hereby appropriated the son of 0875.00, out of sums in the Treasury and to be in the Treasury fron taxes collected in due and re-ulzr order, and she City becro ary is '_eTUby authorize' ,_ordered and directed to place said amount i to the credit of this series of bonds, and the said amount s'iall be applied to the purpose stated, and none other. S.�C�I.: 12: BE I a�_�l__��. C���-'LI=LB l�.W CITE OF L�BOCK !'Iilat the 1-ayror of said u ity shall L'Io anc, he is hereby authorized to take and have charge of all necessaryorders and records pending inves- tigation b;- the-1ttorney General of the 0­tate of texas, and s'-all take and have chary and control of V-1e bonds herein aut'_--orized pending their approval by t';e zttzorney en�ral ^.nd their re •istration by the Uozrp- troller of -ublic Accounts. SEC'rICi: 13. �ND BE I`l' �+'C'�tn'-t:i�r ultD..11i.;Ei1 BY T-=T CITY Oi LL'BBOCK: The fact that it is to the best interest of the City that the authorized improvements and extensions to the Electric Light Plant be constructed at the earliest possible date, creates ti._is an emergency measure for the inxiediate preservation of the public peace, pro-perty, health and safety, as ­7ell as a r"iore efficient administration and operation of the Electric Light Lepartment of the municipal gover-nnent, demanding that the Charter provisions to the effect that no ordinance shall be ypassed on the day on 1:jnicr it shall be introduced, be suspended, and t-iis ordinance is hereby declared an emergency, measure b•,- a unanimous vote of the City ,or �rmission, and the sane shall take effect frori and after its t)ass_-.-.e, and it is so ordained. HISSED, this the 27th day of February, 1941. A F_�C V'D , t':i i s the 27 th d-a y o f Ze brua r�r , 1941. _ C y Slaton _ Iayor, CCity of Lubbock,-'iLexas ATTEST: Lavenia -4illiaris �---fie --------,------- 'City Secret- -, �itir of Lubbock, 'texas. (City Seal) TIC STATE OF TE7XkS, COUIIl' ' OF LUBBOCK CITY OF LUBBOCK O11 .1 iIS the 27th day of February, 194-1, the City t�orgmission of the City of Lubbock, `iexas, convened in regular session, at the regular meeting -place thereof in tl.e City Hall, �^iith the following members thereof, to -?-wit: C E Slaton Mayor 'T B ,rice Ooi=missioner 140. 1; :T G I.:c:.:illan Corinissioner No. 2; Garland Newsom Oo-_:. issioner i�_o. 3; flub J ones CorMissioner i1o. 4; present, and the following; absent: Hone, constituting a quorum, when, among other proceedings =:ad, 7.vere the follo��win!7: Coninissioner L__cl:illan introduced an ordinance entitled -- ,'.41 URDI2dlJi`CE b;: the City Oortimission of the City of Lubbock, Texas authorizinC; the issuance of bonds for the principal sum of 05,000.00 for the purpose of constructing; ii provements and extensions to the ,Taterworks System of said City; prescribing the form of the bonds and the form of interest coupons; levying a. continuing direct annual ad valorura tax on all taxable properties -Jwithin the lir:its of said `,ity to pay the interest on such bonds and to create a sin?Tingfund for the redemption there- of and providing for the assessment and collection of such tax; enacting Provisions incident and relating to the subject and p>>r�)ose of this ordinance; and declaring, an emergency." the ordinance was read by the Oity Secretary. '21l,Dreu-oon, Uom�nissi.oner Iici_illan moved th=I,.t the rule requiring that no ordinance shall be passed on the day on which it be introduced be suspended, �ind that in vie-.,; of the emergency set fort'_: and defined in the preamble to the proposed ordinance, that the sarie be decla--ed an eraerg.:ncy measure. i`his motion -,:as duly seconded by L;orslissioner Trice. 'the notion carried b;jr the follo;-wing vote: AYES: L.ayor Slaton and Uo.r.miissi oners Price, 1=-cl.__illan, 14e,,R,sori Jones. Thereupon, the Layor announced that the proposed ordinance had been declared an emergency measure by unanimous vote of the Commission. -'hereupon, U017m;issioner Erice, moved that the ordinance as read in full by the City Secretary be finally passed and adopted by the Commission. this notion was seconded by Commissioner Lchillan, and the notion, carrying with it the final :passage and adoption of the ordinance was unanimously carried by the followin~ vote: AYES: I.ayor Slaton and Commissioners Price, L:cLillan, Ahnsom and Jones. TOES: %ne . Thereupon, the il-ayor ^renounced that passeu and adopted by unanimous vote of with the requirements of Sections 15, 16 Lubbock Charter; and the hayor thereupon in the presence of the Connission. '-'he ordinance is as follows: the ordinance had been finally the Cor:ir_iission, in accordance and 17, of Article IX, of the signed and approved the ordinance O_tiDI:;:I;;CE _:0. 660 "Al ORDIT ITCE by the City lommission of t' e City of Lubbock, 'texas, a_uthori zinU the issuance of bonds for the principal stern of '?75, 000.00 for the purpose :.f constructinS improvements and extensions to the .ia-ter!.�rorks System of said City; prescribinE the for- of the bonds and the form of inter it coupons; lev7inq a contiruinj direct annual ad valoru.m tax_ on all taxable properties within theliDiits of said QQ tc pay the interest on such bonds and to create a sinking fund for the redemption thereof, and providing for the assessment and collection of such tAr; erActinF provisions incident and relating to the subject and purpose of this ordinance; and declaring an emergency." '1ER !1S, under and by virtue of a resolution :and order duly, passed by the City Coni:ission of the City of Lubbock, `texas, on thn 26th day of Decenber, 1940, an election was ordered to be held in said City on the 14th day of January, 1941, and at which election the followi�g proposition was submitted to the qualified electors of said City: "S'.:ALI, the City Cormission of the Cit,r of Lubbock, Texas, be authorized to issue bonds of said City, in the principal son of oeventy- Five Thousand Lollars (?75,000.00), maturing serially within five (5) years from their dates, bearing interest at a rate not exceeding; THREE PER CE'I TUT: 0%) per annum, payable semi—annually, and to levy tax on all taxable property in said City sufficient to pay interest on said bonds and provide a sinking fund with which to pay the principal at maturity, for the purpose of constructing improvements and extensions to the Alterworks System of said City, as authorized b;; the Constitution and laws of the State of Texas?" -11D "� _EREAS, upon consideration of the returns of said election, the City Commission found that said election had been conducted in the manner prescribed by law, and was in all respects legally held, after due and proper notice as required by law; that due returns of said election had been made by the proper officers; that said election resulted favor- ably to the issuance of said bonds; that a majority of the qualified electors, voting; at said election, voted in favor of the issuance of said bonds; and that the City Commission is in all thins authorized to issue said honds and to do any and all things necessary and/or coivenient in connec- tion t' ere.aith; and �'_�EREAS, it is to the best interest of the City that the authorized improvements and extensions to the '.�aterworks System be constructed at the earliest possible date, thereby creating this an emergency measure for the immediate preservatior of the public peace, property, health and safety, as well as a more efficient administration and operation of the -.later Department of the municipal government; ther,fore, E T ORDAIZED BY T:IE CITY OF LUBBOCX, SECTIM 1: That the bonds of saic City, to be called "CITY OF LUBBOCK, T uAa, ITER"JOR_, S II.;t'zO�I� ZEI-T AND CO :STRUCTIC,� M.DS," be issued under and by virtue of the Constitution and laws of the otate of Texas, and the Charter of said City, fop the purpose of constructing improvements and extensions to V e Jater-jorks Sy stem of said Cit7, in the principal sum of S!V21TY-1+I-d_E T=OLS'_�'D DOLL.IRS (9475,000.CO). JECTION 2: That said bonds shall be numbered consecutively from C,1e (1) to Seventy-five (75), both inclusive; shall be of the denomination of OTTE DOLL?RS (,'"1, 000.00) each, aggregatin-7 the sun of SEVE TY-FIVE TH07S�._-D DOLL" RS (-4?75 , 000. 00) . 3ACTICTT 3: 'tint said bonds shall be dated February 10, 1941, and shall mature serially in accordance with the following schedule: BO.--D NCI.{BERS 1. � Tt RI`l ' D ° TES U.:OUI.'I'S (All Inclusive) 1 to 25 2ebruary 10, 1942 W25,000.00 ! 26 to 50 2ebruery 10, 1943 25,000.00 i 51 to 75 February 10, 1944 25,000.00 it SECTIOIT 4: That all of said bonds shall bear interest from date until ,.)aid at the rate of 0 E PER CEi L'1: (l;o) per annum, pay- ble on -ueust 10, 1941, and thereafter Beni -annually on February lOth and -iu ust loth, in each year, such interest to be evidenced by proper coupons attached to said bonds. SECTION; 5: That the principal and interest of said series of bonds shall be naya.ble on presentation end surrender of bonds or proT)er coupons, in lawful money of the United States of _ erica, at CI^IEEITS 1�1:M:'-NML B^STK, LUBBOCK, TEXAS. SECTIOINT 6: That each of said bonds shall be signed bi;T the I4!a-,Tor and countersigned by the City Secretary, and the corporate seal of the"OITY OF LUBBOCK, TEXAS," shall be impressed upon each of them. SECTION' 7: That the facsimile signatures of the L ayor and City secretary .-,ay be lithographed or printed on the interest coupons attached to said bonds, and shall have the same effect as if they had been signed b - them. SECTIO_r 8: That the fora of said bonds shall be substantially as follows: ITo. i NiITED STi^B 0_i -�I: ��IC_� 1, 000. 0 STATE OF TEX'-S, COUI, 'Y OF LUBBOCK CITY OF LUBBOCK, T -M, ',-MT.ER.'VORK_S A----"D, COITSTRUCTION, BOITD. CITY OF LUBBOCK, a municipal corporation, o the estate of 'iexas, acknowledges itself indebted to and, '?OR V^-_i -FE R-`_ CEI ED, hereby promises to pair to bearer, the stun of C'JE ,F._ 0U,3 V1TD 1DOLL-%RS ( ?l,000.00) , in lav,,iful money of the United States of America, on the loth day of _ _, 19 , iAth i�,terest thereon from the date hereof until paid, at the rate of ONE c R C EIJTUP,i (1%) per annum, payable on �uLust 10, 1941, and semi-annually thereafter on February loth and-iugust loth in each year, on resentation and surrender of t3:e annexed co-:_pons as they severally mna ture . 30T_l PRII-XIPAL and interest of this bond are tier-�by made pay,'ble at CITTUNS I�"iTICIJIL DAI:'17-, LU3 OCX� T ,—S. :IS I30ii'D IS one of a series of like tenor and effect, excel t as to =be:- and maturity, dated. the loth day of February, 1941, =_ibered fro.: One (1) to .,Seventy -Five (75), both inclusive, all of said bonds being; :)f the denomination of 0 c Thousand Dollars (�1,000.00), aggregatinE in amount SE777E TY-F FIVE T_ OTI,;SAEM' DOLL. ties (475,000. 00) , and issued for the pur.., of constructing improvements and e__tensio=;s to the 1,-j ter°vorks 'z>17 hi of said City, under authorit-T of the C,).nstitution and la -.vs of the State of 'i'exas, and. the Charter of said City, and pursuant to an ordinance duly adopted by the Ci ty Commission of the City of - ubbocl_, Texas, and recorded in the I'-inutes of said City Commission. TM IS ER_- 5'.' CERTIFIEM, R CIT.ED . AI, D iCiPE&?I.: i;TED that tl).e issuance of this bond and the series of -.•-i':ich it is a part is duly authorized b;- law and b • a vote o1' the .:.qualified p.ro:;erty t^ x;ayi ng voter,- of t., e Cit,T of Lubbock 'texas, votin`r at an electio held for t_,3a.t A;ur.'ose .;itlh_.r said City on the 14t1n day of Januar,,T, 1941; thcat all �+.cts, conditio^.s, and t'::.i-n.; s renuire�, to done precedent to and in the issuance of this series of bo*-.ds, and of this bo-�d, -,eore been �roaerly done and performed and l ave iiaS�'�ened In ref>'ular ?nd due t1?'?e, Pori! ?nd 1;?c — er as required by las'i; that sufficient and prop:Dr provision for the s_eVy and collection of taxes has been made which, .�.er_ collected, shall be appropriated exclusivel�7 to the pay -rent of this bond and the series of wi-Lich it is a. part, and to the nayrlent of the interest coupons thereto annexed as the same shall bec aTie due; and that t''-le total indebtedness of the City of Lubbock, Texas, includ- ine, the entire series of bonds of , _icin this is one, does not exceed any constitutional or statutory liriitation. IiT 7711Ii10F, the City of Lu'.-bock, 'texas, b. its City Corz.iission, has caused its corporate seal to be affixed hereto, and this bond to be signed by it P.:ayor.and countersigned by its City secretary, and the interest coupons hereto attached to be executed by the lithographed or printed facsimile signatures of the I,iayor a d U'ty Se - e- tary, and to be dated the loth day of February, 1941. Ti,.yor, i T of Lubbock, Texax. C OU_'"L ERS IG1 7: �D SFC"'IOII 9: That the fora of interest coupon s}iall be substantially as follows: 19-- , the CITY OF LU'F;BOTE, a municipal corporation of the -1tate of 'Texas, hereby promises to pay to bearer, at CILI 21�3 ii:�.`IC«LL lii_,al, LT�i3�.CG.i, ! ES, the ------------DOLLARS (;}w }, in l.ar%;'111 of the United estates of - erica, beinE _ - months' interest or. the "CIT`� GF LUBBOCK, :�i�, 'i'iLE:1"70, �S I::P?OTT�i~ Aim CGI,�� "U(l l0_: 0 .D, dated February 10 , �941. Bond i,o .A. T1 7, - _7,1 _ .a4Tr, n _ '-41U7 Jecret7r,;r. EC'1'I(" 10: 'That the follov;ing• certificate s'na11 be printed on the back of each bond: IJ: FIG E .ln C01.._j If T10 T T _� 1. 7 T �=, a • � ....—.-.�....�....�— I t.: :t ?Y CB==tTIi�`,r tIn t there is oi� file and of record in m, office a 11a t certificate of the-1ttorney General of the estate of Texas, 'to the effect that th%is bone has been examined b him as reaui.red b - later and. that Ile finds that it has been issued in conformity ??;ith the Constitution and La�­rs of the State of 'Texas, and t'_,at it is a valid and bin.din�: obligatir.�n upon said Cigar of Lubbocl., `e 'as, and. said bond ;:1as t ds d•y been registered b;,• Ise. 1^:r• T.—,r ._ _...�. _. "r.T 1 - n l' T r 1 �a.D 1•":L __*_1.ii . �_;L 3, iL C Ut _ I��, at AUSTII t'' i s the da, of -Cometroller oi' ublic .2 cbonnts of the estate of 'exas. {'t•-� 7-:IL .11: 13E It 1T1,TR1_:, . i._,;..� D 33Y r,V r�treT OF s:T?Tr_SOCK: That, to ,)a-y the linterst on said bonds and create a sinking fund sufficient to redeem. that:_ at mzturit- a tax of yen Cants on each one hundreddollars' valuation of all taxable p':•operty in the City of Lubbock, Texas, or such an amounVas may at all tunes be legally necessary, shall be annually levied on said property and annually assessed and collected, or so nuch thereof as. shall be necessary, or in addition they ,to as may be reouired, until said bonds sirith interest thA.reon have been 'fuller paid; and the sai, tax of 'en_Cents _ (10fl is here now levied for the current -rr, ar, and so much thereof as shall be necessary, or in addition thereto as mar be required, is hereby levied for each succeeding year 1.rihile said bonds, or .tn-r of t'l-1em, are outstanding, and the same shall be c.nnuall % -assessed and collected and applied to the purpose naume s; provided, that to T-)Fly the interest on said bonds that will nature on Aug',ust 10, 1941,_there is hereby appropriated the sum of 373.00, out of sums in the 'Treasury any. to be in the '=reasury from taxes collected in due and regular order, and the City Secretary is hereby authorized, ordered and directed to place said amount to the credit of this series of bonds, and the said ar_,ount shall be a^Dplied to the pur-•-)ose stated, and none other. SFG='I -.II 12: BE I'i' O_iT l O.RD.1I_'.�1,D BY TI�"�' CITY OF LUB13OCK: That the I._ayor of said City shall be and he is hereby authorized to take and have charge of all necessary orders and records pending i_Ivestigation by the :'.ttorney General of the estate of Texas, and shall take and have charge and control of the bonds herein authorized ,,ending their approval by the °attorney General and their registration by the Comptroller of Public accounts. SEC`_�IOI'•T 13 : AIM DE IT L :'I'I:BR ORD-iIITED BY I z7 CITY GF LUBF OCK: The fact that it is to the best interest of the City that the authors zed improve_Zents and extensions toy the _:raterviorks aJTstem be constructed at the earliest possible date, creates -this an emergency neasure for the irm_ediate preservation of the pi-.blic peace, property, health and safety, as s^hell as a more efficient adr:inistration and operation of. the :eater Department of the municipal government, demanding the t the Charter provisi-ins to the effect that no ordinance shall be passed on t1ie day on T•vhich it shall be introduced, be suspended, and this ordinance is hereby declared an emergency measure b;; a unanimous vote of the City Commission, and the same shall tape effect from and after its passat e, and it is so ordained. Passed, t ki.s the 27th day of February, 1941 -PP ROVED, this the 27th day of ''ebrtzary, 1941. C L Slaton Attest: Lavenia :iillians %yor,ity of LubbockTexas --- ---------- �ity ' e et r�r City. of tt oc T6xas. -�_ J H I:ir el, I,:r. j� �--olresCo— ittee corposed of G.C.-, , i..+. l'ix, I:r. l-leinschimidt, I--r. Stinson, Er. Lc_,t-,lich, 1 r. I:cDonald, leaver, Jr., I.Irs. n Conley, E_-rs. J J Johnson, i.-rs Drew i�hillips and others appeared before the Conmission requesting th .t Broad -jay fro: venue Z to College -venue, both sides, be _�?,-t i, on ""H" District in the Zoni-nc.. Ordinance. There %-ias discussion, and it was unanimously agreed. to solace Broad -may fry Y= Avenue i to Colle,,•e-ivenue, in Distri ct. I.:otion b,r Corrmissi�)ner trice, seconded by Co�;riissi %,�,• I�cl-illan, cq.rried unanin,ousl-,r, to pass Ordinance I�Io. 661 first reading. MDI_-1ITC� ::U. 661 7r - 5 r r n rr, f i J`T 1 ', n ;-T`r+i:t n -Tt -, -?7� A , c r _� COI?I=IG �LI=. __vCy DIz, I.�Ii.�= _ _�, _={:� i :I L_I ' 1_ L ? ',-3�`U-17 -' RIES COR 0_ . L r J TTT*_� ry— 4 T' —O('ITt r1�' [-r ^,17�- rrrt.;r TT ,r'�i ' -i i(T�.i - f'T'- ^, f7'1-r r ?� �,'� _� �lT: C_ JLB;.�il'; DID Llvl� Ti'. - C �D.�_TCE "IL__ _ CI.LJ-,,IDJJ C.- , G rE'; I:TiE PI5; R{JGI I_"G!T y Ov_:C', r, Si LIE :IKSUTLAN; DE, IILI , Ii IGl=T , BULL' . A ID USF OF T L-.DI G`� '7I'i' I : SUC_ REST"CTIVE DIS`L'RICT3; _� .r T .r. C`t `d1 1. `+ ;. T' i1r'1--•--, (, f'l _rr.T Tr/-.,-.-t 1 ryT• _1 ..r.I_.r _T ,�� R'[''')C.� .+_,..m' //''•�!.1 . I1ill.0 i3U J__L :.7 l:I ;iJS Lt3 °'_C = i�iJ O.L-ir V�I:.J D'S __i- 1, J L. iiG y_.0 J JLl�J JJ.`l l;il7u GL LOT OR MID L_L . -..: .� _, 77311 Cv .L'_L ILL -1' ___� dzRIOUS DISTR_T.Ci�; GUI -':TI:TG f•,i �, SI'ZjE OF Y'L;RT):3, C CRTS -UTD C . slr J.-, FS I7a �J�;.�CTi :' TiTICTT.,�.I, - fTt^ : 7 r r ;; p_. +TT. _"+ l ••-, _'..."f n ^..1 ;. •11 � ^1 .'. r. _ • i ^'1.� •^, �•e C� ui+ _ l,tL`I�:11 _ii, a! 3UC`_'LTR�JJ, BUIJJDI.i7 I?�IiDS, IITD REJ3ITYEC"CAS III THE, DIFI+' i� Ir -DI STRICTO"; ''ROVIDI:'`G 7 •. ^1 >, "'f "', - _r n-I r r"1 - r>': , !" r!''� r-• A f-1 T „ n z ;Ui1-ll.i� l;'0� 1_i� COi•;»i3UClI0,, �,,1v1I l'T, iiL_,aIRID rill=._!'LIGIr Oi ALL �LIT_DI .Cs� "_lD ;�3^RUCTU��LS IT_'.C:_�iITICUiI� DI,Jli�ICT; _?DORTI1:?(� A ZOi'III:G I ALP, :.��?iIliG IT '1 '_'iRy 0i{ i:_I� Ci�L'Ii _'.:.iCL; RO'1IDI� G FGR 'I_ IOC.�f`'IO;.: Ai�� 1LI_!E OF ALI: Dia � LICLS 01. a - ill) u01'd1 vC� 1.i�:' _ii D 1':.�i121,G .«1JL Li'IC�,TuR�dS, ,..r„T,.,,t..r_ _ r - C, n C' �- 51.E - ^ �? !1 "lT T -TA , LEj72E ta, T�ARI.1�•;GS = is11 COL01RS Oid 3 ID E_`CP C11 I:L_cT OF TINS ORDL -Li E �.1 TTom- n C'1P A .ifs . 'y-'-T7 A ,.•-t .ry ITS - r` ' - 7 S CR�:�L�-:CT _� BC_'�l�ll �� r�DJU;:>��;:::J1vl _�i•ID D:��+II•aI:;�T li .:'U -_.tD DL_IiJL,�; z<<C'VIDI:-u ,1 PIi?i LY iTOR .,. VIOL.A.r IOIv vF 'iT_13 OiDIi*1A C:� ,i�D rl�GTfIDIi:G �- :T -LIDIT Y OF T1__I43 ORDIi;AI:TCE. I•-otion b;; Oolrlr issicner 1-rice, seconded bar Co::_:.issioner 1le-.vsom, carried unanimousl-;r, Ordinance No.662 passed first reading. CRDI :jAI.NC , _M. 662 ORDII':L C=' CLOSI'rr , -r �_ jjj�l ]Tr rr� . ^j �� THE +J I'd T �.�+Yai"1.I-:G 1'1D I.t" �✓ T I. C. _�i..i'.i_ SSI _JI': 1. �i 7 0R .L..-L 0 HE "03T OF i"PROVIT,_'G A PORTI3_ OF Ir- , rB CITY CF, LTJE?3OC_T:, TE: sS, rrtm�:;'% -r Fr01 T. --, CO C OF rr rr-T , rr �..-: r T: r t:: q 'T � FOR TITT A ,w 1 il� Y ILI��J�T :�+ 4r:1 ___.J �/�IL �e::J �J�I�r'_•� V L '�L iJ �r.J IJiJ�.�.�;.-J I�� � 1_% _ __:L � GiL I 1 ~ L T��"�� VjY4 -r J_nS_TDTSSU;1,?CE 0F SSICrLEr Rm PIrn-TEy L� J: 'J m_'j-r, There T�..as discussion of default on Pavinsr lien b - F 1r--arwell, 2809 24th Street, and the Ci iJy . _+torney Teas authorized to settle for 50;0 of the original i nal paving; cost: i,:r. aeo C. ;'Tolffarth offered to sell the "it, ten lots in Bloclk 22, Original Town, there was discussion and it was unanimously agreed to not purchase this nroferty. There -,ias discussion of sellir_.� 300 E z,, iiTairbanNCs I::orse enr-ine, and it Vias unanimously agreed to not sell tl:is engine -at this ti.-.e. �sti,mate was read on labor ai,d material for altering Police -Department for use by Retail I._ercha_its .'ssociation, amount being %�351.85, and it 1^jas unanimlousl;r agreed to have this �raork done b-r- l.:r. Jno, T. Glover, the City to furnish naterial and labor and parr '..r. Glover 10;0 of the cost for supervision, not to exceed this amount. :'here was discussion of inhalator at a cost of �417.00, the ;Test 'Texas Gas Company and Texas Utilities vo-rlpany having, agreed to pay one-third of the cost, and the City I.':a.na.ger was instructed to contact the Telephone Company and see if they -�aould. share in the cost of t',.is na.chine and report back to the (i t,�- Co;mr�ission. There was discussion of claim of �T H' 31iE-;h for hat and handkerchief is ivinc. been lost -3hile in Cit - Jail on Brun'-;: charge, but no action taken. rlhere -as discussion of enlarging, student loading. zone, 2400 Block on Broadway, and it was unanimously agreed to no" enlarge the zone, letter having been read from. the Chief of tolice stating that it was t-..e opinion of his Department that the 2`:one was 13rye enough. Mr. R P Crouch, appeared before the City cCor^r.i ssion sta.ti n;; he had taken the examination for 1-aster slumber three times and fa *,.led to pass the examinatio-: each time, but that he felt he should be issued a T'.:aster Plumber's license. `here -ryas discussion and it ­va_s unanimously agreed to leave t'_Lis up to the Plumbing Board. Petition was presented the Con-inission requesting Parking . eters be placed on i.:ain Street, between Avenue G and-'Lvenue ii, on north side only, and the Ci ty Attorney was instructed to draw ordinance authorizing _Parking l--eters to be placed at this location. there was discussion of passing ordinance regarding -eeddlers' license, and the City ttorne:,r was instructed to investigate the ordinance and report back to the City Commission. I.-otion by Commissioner Price, seconded by Coimissi.)ner Jones, carried unanimousl;-, to approve insurance policies of Lubbock `ity plus Company and City Cnb Company of date February 16, 1941. I.:otion by Commissioner Price, seconded by Commissioner Iye asom, carried unanimously, to re-mit penalty of Tech Drug 6tore, City -Lax, account of City ax Office not finding this amount due when 1-r. A �'ulton, o-•aner, was in the tax office .to parr his City tax. K.otion by Cori-r-issioner ;:Set,isor_i, seconded b Corriissioner Trice, carried unanimousl-.;, to secure additional bid on repairing 1940 Chevrolet automobile of i .yx. Davis, and have car repaired on low bid. Also to investigate and see if t Ilere alas airy insurance on this car at the time it ,,,ras in i-Arreck ,,Ath City 'ruck. I•Ir. Davis bein _; father of L-rs . A.C. Haygood, °rho is the own . _� of th, automobile. 'J.D. Benson.Jr. appeared before the City uormissiory� requesting that the City release pa_vin� lien, Lot 1'7, -flock 152, Original 'iown of ­ubboek, 'texas. -here ,%Yas discussion_ and t1ae malty=�ttorne1; was authorized to settle t'-,i s, collecting half the ,paving cost, if )ossible , the property havinc been sold for taxes. Clair._ in the amount of 9'32.50 for court cost in Jack Strickland case was presented to t'__e Cit-r Corimission b: Urady �-pest, and the City 'zttorney was instructed to investigate and see i the CJ ii,y is liable in t+:.is connection, and re Port back to the Cit-., Co mission. iI-ev. Jeff L. ::elch, of the Central �3aptist Church, requested alley in Block 226, Orig. foj,�n, be closed. 'there ,ias discussion and the Ci tIr I.:anager .--;as instructed to get additional inf oni- atio_n and report back to the liitZr Co,milssion. ``here oa.s discussion re--ardin`- parking in alley back of Uity hall, and the City iana-er Taas instructed to have signs "City yn�ployees onl;r" +,laced in this alley. I'o furth-er business cor.:ing up for col�sideration, the CitJ Cor�r'lsslon the CitJr Cor'ri i_ssinn Recessed to meet L-arch 4, 1941. Ites_d and approved this the 13th — day of . 1je 7 _Y_ — 2- -6 ---- 4�� ----- tt st