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HomeMy WebLinkAboutMinutes - City Council - Regular - 6/5/1942RECESSED R EPITLAR I1EETING. Lubbock, Texas, June 5, 1942. The City Commission of the City of Lubbock, Texas, met at 8:30 A.I:T. in Recessed Re-ular Session, Recessed from lie •ular Meeting of May 28, 1942, at the Regl)lar Meeting Place in the 'ity Hall, the following members thereof being present, to -wit: Mayor C E Slaton, Commissioners GV G McMillan, `:I B Price, Garland Ne'-Tsom, Uity Manager VV H Rodgers, and City Secretary Lavenia Coilliams. Absent: Commissioner Hub Jones. Motion by Commissioner McMillan, seconded by Commissioner Trice, the following Resolution carried unanimously. RESOLUTION BE IT R.LIMEI4IBERED, that at a Recessed Regular meet in� of the "i ty Commission of the �itv of Lubbock, Lubbock County, exas, held in the �'ity Hall, on the 5th day of June, 1942, a quorum being present, upon motion by Commissioner McMillan, seconded by Commissioner Price, the following Resolution was duly passed. V=I REAS, the United States of America is at war with the governments of Germany, Italy and Japan, and VMREAS, the Legislature of the State of Texas enacted a law authorizing Municipal Governments bf Cities in Texas to purchase land for the purpose of establishing thereon airports and schools for the training of air pilots in ridding and assisting the United States Government to carry on and prosecute said war with said countries, and !°IINREAS, the City of Lubbock has urchased Nine Hundred Forty (940) Acres of land at a total cost of ,371,500.00 for the purpose of leasing the same to the Federal Government to be used by the Federal Government as an Airport and a place to train air plane pilots, and 1VMREAS, the City of Lubbock does not have on hand at this time a sufficient amount of money to pay cash for the said land, and it is necessary to borrow $15, 000.00 ht 3 o interest, for the purpose of paying the total purchase price of $71,500.00, for the said land. NOVI, THEREFORE, BE IT RESOLVED by the City Commission of the City of Lubbock, Texas, that C.E. Slaton, Mayor of said City, be and he is hereby authorized and empowered to ne5otiate a two (2) months loan for the City o-' Lubbock, not to exceed 915,000.00 in cash, for the purpose of purchasing the above mentioned land; and the said C.L. Slaton, Mayor, is further authorized and empowered to execute time warrants to be payable out of current revenue to evidence and secure the payment of said loan. Rate of interest not to exceed t':ree (3) per cent. Passed and a);)roved by unanimous vote of the City Commission, this 5th day of June, 1942. C E Slaton MAYOR. . lLttest : Lavenia 14illiams City Secretary. Motion b,T Commissioner z'rice, seconded by Commissioner TTcMillan, carried unanimously, Ordinance No. 687 passed second reading. ORDINANCE NO. 687 ORDINANCE CLOSING IE.ARI: O ,U\TD LEVYI'\TG ASSE9S'7'!L TS FOR A PizRT OF TIi� COST OF IMPROVING A PORTION OF ADA:IS AVENITE AND SUNDRY OTTER STRI,rETS, AVENUES �'ND �LLLEYS IBT lI� CITY OF LUBBOCK, TE-11CAS, AND PROVIDING 7OR TTE' COLLECTION OF SUCH nSSE7S!jt'�,'NI'S, AND FOR THE ISSU,'NCE OF 1ISSIGN.0LE CERTIFICATES IN EVIDENCE TTEREOF. No further business coming up for consideration, the City Commission adjourned. Read and approved this the llth day of June, M192 - r.7 , ntte Cit3K Secretary.