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HomeMy WebLinkAboutMinutes - City Council - Regular - 2/9/1950REGULAR MEETING Lubbock, Texas February 9, 1950 The City Commission of the City of Lubbock, Texas, met at 1:30 P.M. in regular session, at the regular meeting place in the City Hall, the fol- lowing members thereof being present, to -wit: Mayor W.H. Rodgers, Commissioners W.B. Price, Clarence K. Whiteside, John Spikes, City Attorney Vaughn E. Wilson, City Manager Steve Matthews, City Secrdtary Lavenia Lowe. Absent: Commissioner E.K. Hufstedler, Jr. The Minutes of Regular Meeting of January 27, 1950, Recessed Regular Meeting of January 30, 1950, and Recessed Regular Meeting of January 31, 1950, were read, and upon motion by Commissioner Spikes, seconded by Commissioner Whiteside, carried unanimously, they were approved. This being the date set for receiving bids of sale of City of Lubbock bonds, being 0525,000 Street Bonds and $550,000 Sewer Bonds, Notice of Sale being as follows: January 18, 1950 OFFICIAL NOTICE OF SALE $1,075,000 CITY OF LUBBOCK, TEXAS GENERAL OBLIGATION BONDS 1525,000 Street Improver a nt Bonds 550,000 Sewer Improvement Bonds Date of Sale 2:00 o'clock P.M., C.S. urs�ay, February 9, 1950 The City Commission of the City of Lubbock, Lubbock County, Texas, will receive sealed bids at the City Hall until the 9th day of February, 1950, at 2:_�O o'clock P.M., C.S.T., for the following described bonds, which are due serially without option of prior payment: Dated: February 15, 1950 Denomination: $1,000 Principal and semi-annual interest (February 15,& August 15) payable at the Mercantile National Bank at Dallas Dallas, Texas. First interest coupon due August 1�, 1950. $525,000 Street Improvement Bonds Ma51 Mat urity $T7t �n�t $7T 15000 2-15-52 22,000 2-15-65 15,000 2-15-53 22,000 2-15-66 15,900 2-15-54 23,000 2-15-67 16,000 2-15-55 24,000 2-15-6$ j16,000 2-15-56 25,Oo0 2-15-69 171000 2-15-57 25,000 2-15-70 17,000 2-15-58 262000 2-15-71 18,000 2-15-59 27,000 2-15-72 19,000 2-15-60 28,000 2-15-73 192000 2-15-61 292000 2-15-74 202000 2-15-62 302000 2-15-75 21,000 2-1�43 $550,000 Sewer Improvement Bonds Amount Maturity Amount Maturity 5 00-G - - 2� , 000 2-15-04 16,000 2-15-52 232000 2-15-65 16,000 2-15-53 232000 2-15-66 172000 2-15-54 242000 2-15-67 17,000 2-15-55 253000 2-15-68 172000 2-15-56 263000 2-15-69 18,000 2-15-57 262000 2-15-70 19,000 2-15-58 27,000 2-15-71 19,000 2-15-59 28,000 2-15-72 20,000 2-15-6o 290000 2-15-73 20,000 2-15-61 30,000 2-15-74 21,000 2-15-62 31,000 2-15-75 21,000 2-15-63 These bonds, authorized at an election held for that purpcs e on December 13, 1949, will constitute direct and general obliEations of the City of Lubbock, TExas, payable from ad valorem taxes levied a'ainst all property therein within the limits prescribed by law. Proceeds from the sale of these bonds will be used as follows: Street Improvement Bonds - For the purpose of extending and improving streets and highways, and for the purpose of acquiring the necessary rights - of -way incidental thereto. Sewer Improvement Bonds - For the purpose of constructing and extending the sewer disposal plant, and extending and installing additional sanitary sewer lines. Sealed bids, plainly marked i1Bid for Bonds", should be addressed to "Mrs.Lavenia Lowe, City Secretary of the City of Lubbock, Texas." The bonds will be sold in one block, requiring the bids submitted to be for all or none of the bonds. Bidders are requested to specify the rate or rates of interest the bonds will bear, but split rate bids involving more than two coupon rates on either one of the issues of bonds will not be considered. Coupon rates must be in multiples of 1/4 of if . No bid involving a coupon rate in excess of 3-1/2jo will be considered. This rate is at the maximum set out in the election order. All bids must be submitted on the Official Bid Form which is attached hereto. Additional copies of the Notice of Sale and Officiai Bid Form may be obtained at the office of the City Secretary. EAch bid must be accompanied by a Certified or Cashier's Check on a Texas bank, payable to the "City of Lubbock, Texas", in the amount of $21,500.00. This check will be considered as a Good Faith Deposit. The check of the successful bidder will be retained by the City to inure perfor- mance of the contract on the part of the successful bidder, and in the event such bidder should fail or refuse to take up the bonds, then said check is to be cabhed and accepted by the City of Lubbock as fully liquidated damages. Otherwise, said check is to be returned to the successful purchaser upon payment for the bonds. Checks of unsuccessful bidders will be returned promptly to such bidder. The City will furnish the lithographed bonds, a complete copy of the entire pro- ceedings had in connection with the issuance of the bonds, together with t1w final unqualified approving legal opinion of Messra. McCall, Parkhurst and Crowe, Attorneys, Dallas, Texas. Any other opinion desired by the purchaser will be cb tained and paid for by him. The bidder must a,--ree to accept delivery of and make payment for the bonds at the American National Bank, Austin, Texas. It is anticipated that such delivery can be made on or before March 15, 1950. The City reserves the right to reject any and all bids. LAWN I A LOWE City Secretary City of Lubbock, Texas Motion by Commissioner Price, seconded by Commissioner.Whiteside, carried unanimously, that bids received on sale of bonds set out in the above Notice that bids be opened and read, whereupon the following bids were opened and read: OFFICIAL BID FORM February ;, 1950 Honorable Mayor and City Commission City of Lubbock, Texas P Gentlemen: Reference is made to your Official Notice of S le of $525,000 City of Lubbock Street Improvement Bonds and $550,000 City of Lubbock Sewer Improvement Bonds, which is attached hereto and made a part hereof. For your legally issued bonds, as described in said Notice, we will pay you par and accrued interest from date of issue to date of delivery to us, plus a cash premium of $257.50 for bonds bearing interest as follows: $525,000 Street Improvement Bonds - 1551 through 1967, inclusive - 2-1/4% 1968 through 1975, inclusive - 2-1/2jo $550,000 Sewer Improvement Bonds - 1951 through 1967, inclusive - 2-1/4/ 1968 through 1975, inclusive - 2-1/2% this bid is for all or none of the bonds. This figures an overall interest cost as follows: Gross Interest Cost - $375,537.50 Less Premium - 257.50 Net Interest Cost - 3752280.00 Effective Int . Rate - 2.39 ATTAched hereto is Cashier's - Certified Check of the Cit National Bank, Houston # 572,054 Bank, Houston, Texas, in the amount of 12l,500-00, which is our Good Faith Deposit and which is submitted under the terms set out in your Notice. Respectfully submitted, IS/ Undt.rwood, Newhaus, & Co. /S/ The Milwaukee Company /S/ Martin, Burns & Corbett /3/ pittmar & Company /S/ Roe & Company By: Underwood, New us & Co. BY: D.T. Richardson, V.P. . OFFICIAL BID FORM February 9, 1950 Honorable Mayor and City Commission City of Lubbock, Texas Gentlemen: Reference is made to your Official Notice of Sale of $525,000 City of Lubbock Street Improvement Bonds and $550,000 City of Lubbock Sewer Improvement Bonds, which is attached hereto and made a part hereof. For your legally issued borxis, as described in said Notice, we will pay you par and accrued interest from date of issue to date of delivery to us, plus a cash premium of $4,300.00 for bonds bearing interest as follows: $525 000 Street Improvement Bonds 1�51 through 1975, inclusive - 2-20 1951 through 1975, inclusive - 21.°f $550 000 Sewer Impprovement Bonds 1�51 through 1975, inclusive - 21% 1951 through 1975, inclusive - 2- This bid is for all or none of the bonds. This figures an overall interest cost as follows: Gross Interest Cost - $391,025.00 Less Premium - 4,300.00 Net Interest Cost - 386,725.00 Effective Int. Rate - 2.4725% Attached hereto is Cashierts - Certified Check of the First National Bank of Dallas, Texas, in the amount of $21,500.00, which is our Good Faith De- posit and which is submitted under the terms set out in your Notice. Respectfully submitted, A.C. ALLYN AND COMPANY, INC. STIFEL, NICOLAUS & COMPANY, INC. R.S. DICKSON & COMPANY, INC. MCDOUGAL AND CONDON M.B. VICK & COMPANY GRAHAM & COMPANY BY: A.C. Ally & Company, Inc. By: / / Charles R. Graham OFFICIAL BID FORM February 9, 1950 Honorable Mayor and City Commission City of Lubbock, Texas Gentlemen: Reference is made to your Official Notice of Sale of $525,000 City of Lubbock Street Improvement Bonds and $550,000 City of Lubbock Sewer Improvement Bonds, whidh is attached hereto and made a part hereof. For your legally issued bands, a s described in said notice, we will pay you par and accrued interest from date of issue to date of delivery to us, plus a cash premium of $397.50 for bonds bearing interest as follows: $525,000 Street Improvement Bonds - 1951 through 1955, inclusive - 3.5% 1956 through 1975, inclusive - 2.25% $550,000 Sewer Improvement Bonds - 1951 through 1955, inclusive - 3.5% 1956 through 1975, inclusive - 2.25% This bid is for all or none of the bonds. This figures an overall interest cost as follows: Gross Interest Cost - $3572897.50 Less Premium - 397.50 Net Interest Cost - 357 500.00 Effective Int. Rate - 2.2A5659 % Attached hereto is Casherfs - Certified Check of the Citizens -`rational Bank, Lubbock, Texas, in the amount of $21,500.00 which is our Good Faith Ddposit and which is submitted under the terms set out in your Notice. Respectfully submitted, HARRIMAN RIPLEY & CO.. INC. STONE & WEBSTER SECURITIES CORP. WHITE, WELD & CO. BLUNT ELLIS & SIMMONS BY: IS/ Wally Lana Manager Municipal Dept. HARRIMAN RIPLEY & CO.. INC. OINT ACCOUNT MANAGER OFFICIAL BID FORM February ;, 1950 Honorable Mayor and City Coffaission City of Lubbock, Texas Gentlemen: Reference is made to your Official Notice of Sale of $525,000 City of Lubbock Street Improvement Bonds and $550,000 City of Lubbock Sewer Improvement Bonds which is attached hereto and made a part hereof. For your legally issued bonds, as described in said Notice, we will pay you par and accrued interest from date (f issue to date of delivery to us, plus a cash premium of $99.99 for bonds bearing interest as follows: $525,000 Street Improvement Bonds - 1951 through 1954, inclusive - 3�f 1955 through 1975, inclusive - 24 $550,000 Sewer Improvement Bonds - 1951 through 1954, inclusive - 30 1955 through 1975, inclusive - 24 % This bid is for all or none of the bonds. This figures an overall interest cost as follows: Gross Interest Cost - $355,835.00 Less Premium - 99.99 Net Interest Cost - 355,735.01 Effective Int . Rate - 2.2743751% Attached hereto is Cashierts - Certified Check of the First National Bank, Lubbock, TExas in the amount of $21,500.00, which is our Good Faith Deposit and which is submitted under the terns set out in your Notice. Respectfully submitted, FIRST SOUTHWEST Dallas 1Lll1 tilt/ , 1`1VU LL'J (X. 1'1Vlll7 LtilYJJ , J.11 v . t.[t1 tJ V i j CENTRAL REPUBLIC COMPANY Chicago R D Y & HESS, Houston, Tex:.s WILLIAM N. EDWARDS & CO.. Fort Wortl HAROLD S. STEWART & CO., El Paso By_IS/ Frank J. Medanich Authorized Representative TON OFFICIAL BID FORM February 9, 1950 Honorable Mayor and City Commission City of Lubbock, Texas Gentlemen: Reference is made to your Official Notice of Sale of $525,000 City of Lubbock Street Improvement Bonds and $550,000 City of Lubbock Sewer Improvement Bonds, which is attached hereto and made a part hereof. For your legally issued bonds, as described in said Notice, we will pay you par and accrued interest from date of issue to date of deliveryto us, plus a cash premium of $25.00 for bonds bearing interest as follows: $525,000 Street Improvement Bonds - 1951 through 1960, inclusive - 2� 1961 through 1975, inclusive - 2 % $550,000 Sewer Improvement Bonds - 1951 through 1960, inclusive - 2�% 1961 through 1975, inclusive - 22J THls bid is for all or none of the bonds. This figures an overall interest cost as follows: Gross Interest Cost - $386,195.00 Less Premium - 25.00 Net Interest Cost 385 17000 Effective Int . Rate - 2.46896i ATtached hereto is Cashier's Check of the Hale County State Bank, Plainview, Texas, in the amount of 412500.00, whim is our Good Faith Deposit and which is submitted under the terms set out in your Notice. Respectfully submitted, Central Investment Company of Texas Dallas Union Trust Co, Dallas, Texas McClung & Knickerbocker, Houston t By: /S1 C.M. Smith OFFICIAL BID FORM February 9, 1950 Honorable Mayor and City Commission City of Lubbock, Texas Gentlemen: Reference is made to your Official Notice of Sale of $525,000 City of Lubbock Street Improvement Bonds and $550,000 City of Lubbock Sewer Improvement Bonds, which is attached hereto and made a part hereof. For your legally issued bonds, as described in said Notice we will pay you par and accrued interest from date of issue to date of delivery to us, plus a cash premium of $619.20 for bonds bearing interest as follows: $525,000 Street Improvement Bonds - 1951 through 1968, inclusive -2.50% 1969 through 1975, inclusive -2.25% $550,000 Sewer Improvement Bonds - 1951 through 1968, inclusive -2.50% 1969 through 1975, inclusive -2.25% This bid is for all or none of the bonds. This figures an overall interest cost as follows: Gross Interest Cost - $369,615.00 Less Premium - 619.20 Net Interest Cost - 368 995.80 Effective Int. Rate - 2.3591% Attached hereto is Cashier's Check of the First National Bank in Dallas, Texas, in the amount of $21,500.00, which is our Good Faith Deposit and which is submitted under the terms set out in your Notice. Respectfully submitted, National City Bank New York errs Lynch, Pierce Fenner & Beane, Dallas, Texas & Rew Yor F.S.Smithers & Cot., New York y:_ errs vnc erce Fenner & Beane. -Earle A. Shields _1: _ y;t . OFFICIAL BID FORM February 9, 1950 Honorable Mayor and City Commission City of Lubbock, Texas Gentlemen: Reference is made to your Official Notice of Sale of $525,000 City of Lubbock Street Improvement Bonds and $550,000 City of Lubbock Sewer Improvement Bonds, which is attached hereto and made a part hereof. For your legally issued bonds, as described in said Notice, we will pay you par and accrued interest from date of issue to date of delivery tq us, plus a cash premium of $4,300.00 for bonds bearing interest as follows: $525,000 Street Improvement Bonds - 1951 through 1975, inclusive - 2'% 1951 through 1975, inclusive - 21% $550,000 Sewer Improvement Bonds - 1951 through 1975, inclusive - 21% 1951 through 1975, inclusive - 21% This bid is for all or none of the bonds. This figures an overall interest cost as follows: Gross Interest Cost - $391,025.00 Less Premium - 4,300.00 Net In'�Ierest Cost - 386,725.00 Effective Int. Rate - 2.4725% Attached hereto is Cashier's - Certified Check of the First National Bank of Dallas, Texas in the amount of $21,500.00, which is our Good Faith Deposit and which is submitted under the terms set out in your Notice. Respectfully submitted, A.C. ALLYN &- CO., INC. STIFEL NICOLAUS & CO., INC. R.S. DICKSON CO., INC. MCDOUGAL AND 'COND ON M.B. VICK AND COMPANY GRAHAM AND COMPANY BY; A.C. Allyn & Co., Inc. By: Charles R. Graham OFFICIAL BID FORM February 9, 1950 Honorable Mayor and City Commission City of Lubbock, Texas Gentlemen: Reference is made to your Official Notice of Sale of 4525,000 City of Lubbock Street Improvement Bonds and $550,000 City of Lubbock Sewer Improvement Bonds, which is attached hereto and made a part hereof. For your legally issued bonds, as described in said Notice, we will pay you par and accrued interest from date of issue to date of delivery to us, plus a cash premium of $ None for bonds bearing interest as follows: $525,000 Street Improvement Bonds - 1951 through 1969, inclusive - 2'% 1970 through 1975, inclusare - 22 $550,000 Sewer Improvement Bonds - 1951 through 1969, inclusive - 2'% 1970 through 1975, inclusive - 21% This bid is for all or none of the bonds. This figures an overall interest cost as follows: Gross Interest CObT $370,910.00 Less Premium - Net Interest Cost 370,910.00 Effective Int. Rate 2.37139% Attached hereto is Cashier's Check of the Lubbock National BAnk, Lubbock Texas, in the amount of $21,500.00, which is our Good Faith Deposit and which is submitted under the tears set out in your Notice. OFFICIAL BID FORM Respectfully submitted, Stern Brothers & Co. B.J. Van Ingen & Co., Inc. Dempsey & Co. Walter, Woody & Heimerdinger The Weil, Roth, Irving Co_._ First Securities Co. of Kansas, Inc. By: STLrn Brothers & Co. /S/ F.D. Rose February 9, 1950 Honorable MAyor and City Commission City of Lubbock, Texas Gentlemen: Reference is made to your Official Notice of Sale of $525,000 City of Lubbock Stre-t Improvement Bonds and $550,000 City of Lubbock Sewer Improvement Bonds, which is attached hereto and made a part hereof. For your legally issued bonds as described in said Notice, we will pay you par and accrued interest from date of issue to date of delivery to us, plus a cash premium of $ None for bonds bearing interest as follows: $525,000 Street Improvement Bonds - 1951 through 1965, inclusive - 21 % 1966 through 1975, incl- _live - 24% $550,000 Sewer Improvement Bonds - 1951 through 1965, inclusive - 21% 1966 through 1975, inclusive - 2� % Thisbid is for allor none of the bonds. This figures an overall interest cost as follows: Gross Interest Cost - $363,612.50 Less Premium - Net Interest Cost - 363,612.50 Effective Interest Rate 2.325% Attached hereto is Cashier's - Certified Check of the Bank, Texas, in the amount of $21,500.00, which is our Good Faith Deposit and which is submitted under the terms set out in your Notice. OFFICIAL BID FORM Respectfully submitted, Barcus Kindred. Chicago Ketcham & Nongard, Chicago Provident Savings Bank, Cincinnati Texas .dank & Tumst Ca, Dallas By: Stanley Metcolfe /S/ February 9, 1950 Honorable Mayor and City Commission City of Lubbock, Texas Gentlemen: Reference is made to your Official Notice of Sale of $525,000 City of Lubbock Street Improvement Bonds and $550,000 City of Lubbock Sewer Im- provement Bonds, which is attached hereto and made a part hereof. For your legally issued bonds, as described in said Notice, we will pay you par and accrued interest from date of issue to date od delivery to us, plus a cash premium of $1,515.75 for bonds bearing interest as follows: $525,000 Street Improvement Bonds 1951 through 1960, inclusive - 21% 1961 through 1975, inclusive - 21% $550,000 Sewer Improvement Bonds 1951 through 1960, inclusive - 21% 1961 through 1975, inclusive - 22% This bid is for all or none of the bonds. This figures an overall Gross Interest Cost Less Premium Net Interest Cost Effective Int . Rate interest cost as follows: - $386,195.00 1,515.75 - 38 4,679.25 2.45942% Attached hereto is Cashier's Check of the Republic National Bank, Dallas, TExas, in the amount of $21, 500.00, which is our Good Faith Deposit and which is submitted under the terms set out in your Notice. Respectfully submitted, E2UITABLE SECURITIES CORPORATION RAUSCHER, PIERCE & C0 PANY, INC. ALLISON-WI LLIAMS COMPANY LUCAS , EISEN_ & WA_ECKERLE, _ INC. _ Submitted by Equitable Securities Corporation By: /SY_ Lewis F. Lyne OFFICIAL BID FORM February 9, 1950 Honorable Mayor and City Commission City of Lubbock,. Texas Gentlemen: Reference is made to your Official Notice of Sale of $525,000 City of Lubbock Street Improvement Bonds and W0,000 City of Lubbock Sewer Improvement Bonds, which is attached hereto and made a part hereof. For your legally issued bonds, as described in said Notice, we will pay you par and accrued interest from date of issue to . date of delivery to us, plus a cash premium of $2,646.65 for bonds bearing interest as follows: $525,000 STreet Improvement Bonds - 1951 through 1969, inclusive - 2�, % 1970 through 1975, inclusive - 22 $550,000 Sewer Improvement Bonds - 1951 through 1969, inclusive - 2-,% 1970 through 1975, inclusive - 2-% This bid is for all or none of the bonds. This figures an overall interest cost as follows: Gross Interest Cost - $370,910.00 Less Premium - 219646.65 At Interest Cost_ - $3683263.35 Effective Int . RAt e - 2.3545% Attathed hereto is Cashier's - Certified Check of the Citizens National Bank, Lubbock, Texas, in the amount of $21,500.00, which is our Good Faith Deposit and which is submitted under the terms set out in your Notice. OFFICIAL BID FORM Respectfully submitted, Columbian Securities Corporation John Nuveen Company Rowles WInston By: Morgan R. Cox February 9, 1950 Honorable Mayor and City Commission City of Lubbock, Texas Gentlemen: Reference is made to your Official Notice of Sad of $525,000 City of Lubbock Street Improvement Bonds and $550,000 City of Lubbock Sewer Im- provement Bonds, which is attached hereto and made a part hereof. I/ For your legally issued bonds, as described in said Notice, we will pay you par and accrued interest from date of issue to date of delivery to us, plus a cash premium of $137.70 for bonds bearing interest as follows: $525,000 Street Improvement Bonds - 1951 through 1960, inclusive - 21 % 1961 through 1975, inclusive - 24 % $550,000 Sewer Improvement Bonds - 1951 through 1960, inclusive - 2� % 1961 through 1975, inclusive - 24% This bid is for all or none of the bonds. This figures an overall interest cost as follows: Gross Interest Cost - $356,752.50 Less Premium - 137.70 Net Interest Cost - 356,614.$0 Effective Int . Rate - 2.2$00% Attached hereto is Cashierts - Certified Check of the Republic National Bank, Dallas, Texas, in the amount of $21,500.00, which is our Good Faith Deposit and which is submitted under the terms set out in your Notice. Respectfully submitted, Dallas Rupe and Son Estabrook and Company Eddleman.-Pollok Company The Illinois Company Dewar, Robertson & Pancoast Moss, Moore and Co. By/S/ M.B. Warren .._ OFFICIAL BID FORM February 9, 1550 Honorable Mayor and Clty Commission City of Lubbock, Texas Gentlemen: Reference is made to your Official Notice of Sale of $525,000 City of Lubbock Street Improvement Bonds and $550,000 City of Lubbock Sewer Improvement Bonds, which is attached hereto and made a part hereof. For your legally issued bonds, as described in said Notice, we will pay you par and accrued interest from date of issue to date of delivery to us, plus a cash premium of $652.50 for bonds bearing interest as follows: $525,000 Street Improvement Bonds - 1951 through 1975, inclusive - 24% $550,000 Sewer Improvement Bonds - 1951 through 1975, inclusive - 21% This bid is for all or none of the bonds. This figures an overall interest cost as follows: Gross Interest Cost - $3519922.50 Less Premium - 652.50 Net Interest Cost - 351,270.00 Effective Int. Rate - 2.245828% Attached hereto is Cashierts - Certified Check of the Mercantile National Bank, Dallas, Texas, in the amount of $21,500.00, which is our Good Faith Deposit and which is submitted under the terms set out in your Notice. Respectfully submitted, OTIS&CO. F.S. YANTIS & CO. CDOU & CO. Voss & CO. BA N & MAIN HARKTNGTON & CO. BY: /Sf Roger Evans. OFFICIAL BID FORM February 9, 1950 RTY0rable Mayor and City Commission 1 of Lubbock, Texas Gentlemen: Reference is made to your Official Notice of Sale of $52 5 1000 City of Lubbock Street Improvement Bonds and $550,000 City of Lubbock Sewer Improvement Bonds, which is attached hereto and made a part hereof. For your legally issued bonds, as described in said Notice, we will pay you par and accrued interest from date of issue to date of de livery to us, plus a cash premium of $ None for bonds bearing interest as follows: $525,000 Street Improvement Bonds - 1951 through 1957, inclusive - 2f 1958 through 1973, inclusive - 24 % $550,000 Sewer Improvement Bonds - 1?�j through 1?��, inclusive - 2t 1 through 1 , inclusive - 2�; % This bid is for all or none of the bonds. This figures an overall interest cost as follows: Gross Interest Cost- $349,620.00 Less Premium Net Interest Cost $349,620.00 Effective Int. Rate 2.23$279 Attached hereto is Cashierts - Certified Check of the National Bank of Commerce, Houston, Texas, in the amount of $21,500.00, which is our Good Faith Deposit and which is submitted under the terms set out in your Notice. Respectfully submitted, Shields & Co. W.E. Hutton & Co. Tripp & Co. Emerson & Co. Moroney, Brissner & Co. Voly, Corswell & Co. By: A.E. Goodwin, Jr. OFFICIAL BID FORM February 9, 1950 Honorable Mayor and City Commission City of Lubbock, Texas Gentlemen: Reference is made to your Official Notice of Sale of $525,000 City of Lubbock Street Improvement Bonds and $550,000 City of Lubbock Sewer Improvement Bonds, which is attached hereto and made a part hereof. For your legally issued bonds, as described in said Notice, we will pay you 1ar and accrued interestfrom date of delivery to us, plus a cash premium of 161.25 for bonds bearing interest as follows: $525,000 Street Improvement Bonds - 1951 through 1961, inclusive - 2% 1962 through 1975, inclusive - 2.25% $550,000 Sewer Improvement Bonds - 1951 through 1961, inclusive -2% 1962 through 1975, inclusive - 2.25% This bid is for all or none of the bonds. This figures an overall cost as follows: Gross Interest Cost - $3461020.00 Less Premium - 161.25 Net Interest Cost - 345,8$8.75 Effective Int . Rate - 2.21123 Attached hereto is Cashierts - Certified Check of the First National Bank, Lubbock, Texas, in the amount of $21,500.00, which is our Good Faith Deposit and which is submitted under the terms set out in your Notice. This bid is submitted Respectfully submitted, for Blythe & Company, Inc. and associated firms. Blythe & Co., Inc. C.F. Childs kly'. Co. Boettcher & Co. Miller Kenower & Co. Wheelock & Cummings, Inc. First of Texas Corp. The above and foregoing is hereby in all things accepted by the City of Lubbock, Texas, this 9th day of February, 1950. _ /SI W.H. Rodgers Mayor, City of LubburJ:�,, Texas /S/ Lavenia Lowe � City Secretary After consideration of all bids, Motion was made by Commissioner 4hiteside, seconded by Commissioner Price, carried uxianimously, that the bid of Blythe and Company, Inc., and associated firms of 135 South La Salle Street, Chicago, Illinois, be accepted. THE STATE_ OF TEXAS COUNTY OF LUBBOCK ry= CITY OF LUBBOCK =� On this the 9th day of February, 1950, the City Commission of the City of Lubbock, Texas, convened in Regular meeting, with the following members thereof, to -wit: W.H. Rodgers, Mayor W.B. Price, Commissioner John Spikes, Commissioner Clarence Whiteside, Commissioner Lavenia Lowe, City Secretary being present, with the following absent: E.K. Hufstedler, Jr., constituting a quorum, at which time the following proceedings were had: Commissioner Whiteside presented for the consideration of the Commission an ordinance which was read in full by the City Secretary. Commissioner Price made a motion that the rule requiring ordinance to be read at more than one meeting of the City Commission be suspended for the reason set forth and defined in the preamble of said ordinance. The motion was seconded by Commissioner Bpikes aid prevailed by the followin- vote: YEAS: Commissioners Price, Spikes and Whiteside, and Mayor Rodgers. NAYS: None. Commissioner Whiteside made a motion that the ordinance be finally passed. The motion was seconded by Commissioner Price and prevailed by the following vote: YEAS: Commissioners Price, Spikes and Whiteside, and Mayor Rodgers. NAYS: None. The ordinance as passed is as follows: ORDINANCE NO. 971 BY THE CITY COMMISSION OF THE CITY OF LUBBOCK, TEXAS PROVIDING FOR THE ISSUANCE OF CITY OF LUBBOCK TEXAS STREL-T IMPROVEMENT BONDS, SERIES 1950, IN THE AGGREGATE AMOUNT OF 45251000,4001 AND CITY OF LUBBOCK TEXAS SEWER IMPROVEMENT BONDS, SERIES 1950, IN THE AGGREGATE AMOUNT OF 4550,006.00, BEARING INTEREST AT TIE RATES HEPEINAFTER SET FORTH, AND PROVIDING FOR THE LEVY, ASSESSMENT AND COLLECTION OF A TAX SUFFICIENT TO PAY THE INTEREST ON SAID BONDS AND TO CREATE A SINKING FUND FOR THE REDEMPTION THEREOF AT MATURITY. Paving of alleys under Panhandle Construction Company contract. Lubbock, Texas, February 9, 1950 Honorable Mayor and City Commission Lubbock, Texas Gentlemen: I have examined the improvements and paving constructed by the Panhandle Construction Company under their contract dated September 22, 1949, and find the improvements in North andSouth Alley in BLOck 86, Ori-inal Town Addition, to have been completed in accordance with plans and specifications and recommend that you accept the improvements in said alley, paying the contractor the amount shown hereon as due by the City of Lubbock, and issue assignable certificates against property owners for the respective amounts hereinafter shown as being due against them and their res- pective properties: ?final estimate for paving and improving the North and South Alley in Block 86, Original Town Addition to the City of Lubbock, Texas: known and designated as Unit No. A-88 59$.$9 sq. yds. Excavation @ 250 per sq. yd. 149.72 59$.89 sq. yds. Concrete Paving @ $$2.44 per yd. 1461.29 Sub Total 1611.01 Engine .:ring Fee 4% of Wil.01 64.44 Total Cost Improvements Less Cityts Share 16 .5 Amount to be Paid by Property Owners 0 . Itemized Statement of Property Costs: Description of Property Name West Side of Alley Lots Block Fronta e Costs W.C. Barnett 1 86 26 75.40 Byron H. Bird 2,394 86 78 226.19 Lu' bock B & L Association 5 86 26 75.40 (C.S. Ameen) Lona Owens Lona Cwens, M.O. @wens,Jr. 6979$ 86 78 226.19 and Lorene Owens Turner 9 & 10 80 52 150.78 East Side of Alley Clyde F. Elkins, Jr. 11 86 26 75.40 C.U. James 12 86 26 75.40 Plains Radio Broadcasting All of 139 14, 86 30 86.98 Company except 201 x 221 tract West Texas Gas Company N 61 of W 201 of 86 22 63.79 13&S16t of W 201 of 14 Thord Dockray 15 86 26 75.40 A.F. McCarty 16, 17, 18 86 78 226.19 Chas. E. Smith. 19120 86 52 150.78 Total Cost to Property Owners $1507.90 Respectfully submitted, /S/ W.B. Holmes City Engineer Lubbock, Texas, February 9, 1950 Honorable Mayor and City Commission Lubbock, Texas Gentlemen: I have examined the improvements and paving constructed by the Panhandle Construction Company under their contract dated September 22, 1949, and find the improvements in North and South Alley in Block 90, Original Town Addition, to have been completed in accordance with plans and specifications and recom- mend that you accept the improvements insaid alley, paying the Contractor the amount shown hereon as due by the City of Lubbock, and issue assignable certi- ficates a.,ainst property owners for the respective amounts hereinafter shown as being due against them and their respective properties: Final Estimate for paving and improving the North and South Alley in Block 90, Original Town Addition to the C ty of Lubbock, known and designated as Unit No. A-91. 620 sq. yds. Excavation 0 250 per sq. yd. 155.00 620 sq. yds. Concrete Paving @ $2.44 per yd. 1512.80 Sub Total 1667-90 Engineering Fee 4% of $1667.80 66.71 Total Cost of Improvements 1714-51 Less Cityts Share 173.45 Amount to be Paid by Property Owners 1361.06 Name West Side of Alley Mrs. Ethel Moore Quanah Cotton Oil Co. East Side of Alley Waples Platter Co. Davis & Humphries Itemized Statement of Property Costs: DEscription of Lots Block Frontage 1 90 26 2 thru 10 90 234 11 thru 18 90 208 19920 90 52 Total Cost to Property Owners Honorable Mayor and City Commission Lubbock, Texas GEntlemen: Property Costs 7$.05 702.48 624.42 156.11 1561.06 r Respectfully submitted, W.B. Holmes City Engineer Lubbock, Texas, February 9, 1950 I have examined the improvements and paving construed by the Panhandle Construction Company under their contract dated September 22, 1949, and find the improvements in North and South Alley in Block 106, Original Town Addi- tion, to have been completed in accordance with plans and specifications and recommend that you accept the improvements in said alley, paying the contrac- tor the amount shown hereon as due by the City of Lubbock, and issue assignable certificates against property owners for the respective amounts hereinafter shown as being due against them and their respective properties: Final Estimate for paving and improving the North and South Alley in Block 106, Original Town Addition to the City of Lubbock, Texas, known and designated as Unit No. A-105: 605.55 sq. yds. Excavation @ 250 per sq. yd. 151.39 605.55 sq. yds. Concrete Paving C $2.44 per yd. 14 Sub Total lb2b . 4 Engineering Fee 4% of $1628.93 65.16 Total Cost of Improvements I0�)4.0y Less City's Share 2- Amount to be Paid by Property Owners 1485.52 Itemized Statement of Property Costs: Description of Property Name Lots Block Frontage Casts West S1 e of Alley Lubbock Laundry (W.A.Maddox & Warner V. Maddox) 112,3 106 78 236.47 B.A. Baron 4 5 106 52 157.65 R.S.Warnock & Ora Kemmerer) $1�,10 106 115 34$.64 East Side of Alley C.L. Noland 11 106 115 34$.64 A.R. Halby & H.T. Luther 16 thru20 106 130 394.12 Total cost to Property Owners $1485.52 Respectfully submitted, W.B. Holmes City Engineer Lubbock, Texas, February 9, 1950 Honorable Mayor and City Commission Lubbock, Texas Gentlemen: I have examined the improvements and paving constructed by the Panhandle Construction Company under their contract dated September 22, 1949, and find the improvements in East and West Alley in Block 106, Original Town Addition, to ha-ve been completed in accordance with plans and specifications and recom- mend that you accept the improvements in said alley, paying the contractor the amount shown hereon as due by the City of Lubbock, and issue assignable certi- ficates against property owners for the respective amounts hereinafter shown as being due against them and their respective properties: Final Estimate for paving and improving the East and Original Town A dition to the City of Lubbock, Texas, Unit No. A-306.. 432.78 sq. yds. Excavation @ 250 per sq. yd. 432.78 sq. yds. Concrete Paving @ $2.44 per yd. Sub Total Engineering Fee 4 0 of $1164.18 Total Cost of Improvements Less City's `'hare Amount to be Paid by Property Owners Itemized Statement of Property Costs: Name NortR Side of Alley B.B. Baron A.R.Halby & H.T. Luther South Side of Alley E.L. Snodgrass R.S.Warnock & Ora Kemmer C.L. Noland B.H. Moore Mrs. I'�y Carpenter L. C. Montgomery Lot s 5 16 t hru 20 West Alley in Block 106, known and designated as 108.20 1055.98 11V+j.iV 46.57 2 0.7 121. 8 1088 .7 Description of Property Block Frontage Costs 106 125 272.24 10b 125 272.24 6 and 7 106 50 108.90 8, 9,10 106 75 163.34 11 & W 10' of 12 106 35 76.23 E 15' of 12 106 15 32.67 13 & 14 106 50 108.90 15 106 25 54.t-0-- Total Cost to Property Owners 1088 97 Respectfully submitted, W.B. Holmes City Engineer Lubbock, Texas, February 9, 1950 Honorable Mayor and City Commission Lubbock, Texas Gentlemen: I have examined the improvements and paving constructed by the Pan- handle Construction Company under their contract dated September 22, 1949, and find the improvements in North and South Alley in Block 164, Original Town Addition, to have been completed in accordance with plans and speci- fications and recommend that you accept the improvements in said alley, paying the aD ntractor the amount shown hereon as due by the City of Lubbock, and issue assignable certificates against property owners for the respective amounts hereinafter shown as being due as-ainst them and their respective properties: Final ESTimate for paving and improving the North and South Alley in Block 164, Original Town Addition to the City of Lubbock, Texas, known and desig- nated as Unit No. A-148. 620 sq. yds. Excavation @ 250 per sq. yd. 155.00 620 sq. yds. Concrete Paving @ $2.44 p�=r yd. 1512.80 Sub Total i76• f Engineering Fee 4% of $1667. $0 66.71 Total Cost of Improvements 1734.51 Less City's Share �� Amount to be Paid by Property Owners • Itemized Statement of Property Costs: Description of Property Name Lots Block Frontage Costs West SicTe -of Alley J. L. Stimson E 52' of 1,2,3,4 164 104 312.21 Knights of Pythis 52 6 164 52 156.11 Mrs. Floyd Beall 71899, 10 164 104 312.21 East Side of Alley Clyde A. Gibson 11212113, 14 164 104 312.21 B.-B. Brown 151 16 164 52 156.11 J. C. Rigney 17,1$1192 20 164 104 312.21 Total Cost to Property Owners 1561.06 Respectfully submitted, W.B. Holmes City Engineer Lubbock, Texas, February 9, 1950 Honorable Mayor and City Commission Lubbock, Texas Gentlemen: I have examined the improvements and paving constructed by the Pan- handle Construction Company under their contract dated September 22, 19492 and find the improvements in E2 of East and West Alley in Block 130, Original Town Addition, to have been completed in accordance with plans and specifications and recommend that you accept the improvements in said alley, paying the con- tractor the amount shown hereon as due by the City of Lubbock, and issue assign- able certificates against property owners for the respective amounts hereinafter shown as being due against them and their respective properties: Final Estimate for paving and improving the East 1/2 of the East and WEst Alley in Block 130, Original Town Addition to the City of Lubbock, Texas, known and designated as Unit No. A-205. 241.66 sq. yds. Excavation @ 250 per sq. yd. 60.42 241.66 sq. yds. Concrete Paving @ $2.44 per yd. 5,-9.65 Sub Total 0.07 Engineering Fee 4% of $650.07 26.00 Total Cost of Improvements 676.0 Less City's Share 6 .61 Amount to -be Paid by Property Owners608-46 Itemized Statement of Property Costs: Description of Property Name Lots Block Frontage Costs North Side of Alley Lubbock General Hospital E21 of N 130 145 326.77 South Side of Alley Sam C. Arnett 15 130 125 281.69 Total Cost to Property Owners 60$.46 Respectfully submitted, W.B. Holmes City Engineer Motion by Commissioner Price, seconded by Commissioner Whiteside, carried unanimously, the following Resolution was passed: RESOLUTION RESOLUTION ACCEPTING IMPROVEMENTS OF NORTH AND SOUTH ALLEY IN BLOCK 86, ORIGINAL TOWN ADDITION TO THE CITY OF LUBBOCK, TEXAS AND SUNDRY OTHER ALLEYS IN SAID CITY HEREIN AFTER ENUMERATED AND DIRECTING THE ISSUANCE AND DELIVERY OF CERTIFICATES IN EVIDENCE OF SPECIAL ASSESSMENTS LEVIED. WHEREAS, the City of Lubbock heretofore entered into a contract with the Panhandle Construction Company for the making and construction of certain im- provements on the following named alleys, to -wit: North and South Alley in Block 86, Original Town Addition to the City of Lubbock, known and designated as Unit No. A-$$. North and South Alley in Block 90, Original Town Addition to the City of Lubbock, known and designated as Unit No. A-91. North and South Alley in Block 106, Ori.-inal Town Addition to the City of Lubbock, known and designated as Unit No. A-105. East and West Alley in Block 106, Original Town Addition to the City of Lubbock, known and designated as Unit No. A-106. North and South Alley in Block 164, Original Town Addition to the City of Lubbock, known and designated as Unit No. A-148. East one-half of the East and West Alley in Block 130, Original Town Addition to the City of Lubbock, known and designated as Unit No. A-205. WHEREAS, such improvements have been completed upon said portions of said alleys and have been inspected and found to be complete in accordance with the contract therefor. THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMI;,SIONERS OF THE CITY OF LUBBOCK, TEXAS, THAT: I. The improvements on said portions of said alleys be, and they are hereby accepted and the contract with reference to the construction of such improve- ment sfound and declared to be completed and performed. ]1 ' III. The Mayor be, and he is hereby directed to issue and execute in the name of the City certificates in evidence of the special assessment levied a,.ainst abutting property and the owners thereof for such improvements, and the City Secretary is directed to execute same and impress thereon the corpora�..e seal, all in accordance with the proceedings relating to such improvements and as- sessments; such certificates shall be delivered to said Company. This resolution shall take effect and be in force from and after its passage. PASSED AND APPROVED, this the 9th day of February, A.D., 1950. %SI W.H. Rod ers Mayor, City oLubbock, Texas ATTEST: IS/ Lavenia Lowe City Secretary, City of Lubbock, Texas This being the date set for Hearing on proposed improvements, consisting of Paving, as set out in Resolution of record Minute Book 9, Page 121, no person appearing to protest, motion was made by Commissioner Spikes, seconded by Commissioner Price, carried unanimously, that the Hearing be closed. Ordinance No. 968 THE STATE CF TEXAS COUNTY OF LUBBOCK On this, the 9th dayof February, 1950, the Board of Commissioners of the City of Lubbock, Texas, in the above mentioned County, convened in Regular session, in the regular meeting place in said city, all members thereof, to -wit: W.H. Rodgers, Mayor W.B. Price, Commissioner John Spikes, Commissioner Clarence K. Whiteside, Commissioner Lavenia Lowe, City Secretary Vaughn E. Wilson, City Attorney being present and passed the following ordinance; with Commissioner E.K. Hufstedler being absent: CRDINANCE NO. 968 ORDINA4 CE CLOSING HEARING AND LEVYING ASSESSMENTS FOR A PART OF THE COST OF IMPROVING A PORTION OF NCR TH 2ND STREET, EDNA STREET, 5TH STREET,2ND STREET, 1ST STREET, AVENUE D. AVENUE 0, AVENUE V, WOLFFARTK STREET, 22ND STREET, NORTH 3RD STREET, AVENUE R. 21ST STREET, MAPLE STREET, AVENUE E, WALNUT STREET, SHERMAN AVENUE, AND 3RD STREET, SUCH PORTIONS BEING MORE PARTICU- LARLY DESCRIBED IN THE PAVING ASSEMMENTS OF THE CITY OF LUBBOCK ATTACHED HERETO AND MADE A PART HEREOF AM PORTIONS OF SUNDRY OTHER STREETS, AVENUES AND ALLEYS IN THE CITY OF LUBBOCK,TEXAS, AND PROVIDING FOR THE COLLECTION OF SUCH ASSESSMENTS, AND FOR THE ISSUANCE OF ASSIGNABLE CERTIFICATES IN EVI- DENCE THEREOF, ALLOCATING FUNDS. Commissioner Spikes moved that the ordinance be placed on its first reading; seconded by Commissioner Price and carried by the following vote: AYES: All. NOES: None. Carried: Ordinance placed on first reading. Commissioner Spikes mowed that the ordinance pass first reading; seconded by Commissioner Price and carried by the following vote: AYES: All. NOES: None. Carried: Ordinance passed first reading. This being the date set for Hearing on proposed improvements, consisting of Paving, as set out in Resolution of r�,cord Minute Book 9, Page 125, no citizen appearing for the Hearing, motion was made by Commissioner SPikes, seconded by Commissioner Price, carried unanimously, that the Hearing be closed. ORDINANCE NO. 969 THE STATE OF TEX:'.S X COUNTY CF LUBBO CK On this, the 9th day pf February, 1950, the Board of Commissioners of the City of Lubbock, Texas, in the above mentioned county, convened in Regular session, in the regular meeting place in said City, all members thereof, to -wit: W.H. Rodgers, Mayor W.B. Price, Commissioner John Spikes, Commissioner Clarence K. Whiteside, Commissioner with E.K. Huf stedler, Commissioner, being absent Lavenia Lowe, City Secretary Vaughn E. Wilson, City Attorney being present, and passed the following ordinance. CR DINANCE NO. 969 ORDINANCE CLOSING HEARING AND LEVYING ASSESSMENTS FOR A PART OF THE COST OF IMPROVING A PORTION OF AVENUE X, 33RD STREET, AVENUE F, AVENUE J, 36TH STREET, 28TH STREET, AVENUE D, 37TH STREET, POLK AVENUE, EAST AVENUE C, EAST AVENUE D, 21ST STREET, 24TH STREET, ADAMS AVENUE 31ST STREET, TYLER AVENUE, JEFFRSON AVENUE, 41ST STREET, SUCH PORTIONS BEING MORE PARTICULARLY DESCRIBED IN THE PAVING ASSESSMENTS OF THE CITY OF LUBBOCK ATTACHED HERETO AND MADE A PART OF HEREOF AND PORTIONS OF SUNDRY OTHER STREETS, AVENUE AND ALLEYS IN THE CITY OF LUBBOCK, TEXAS, AND PROVIDING FOR THE COLLECTION OF SUCH ASSESSMENTS, AND FOR THE ISSUANCE CF ASSIGNABLE CERTIFICATES IN EVIDENCE THEREOF, ALLOCATING FUNDS. Commissioner Spikes moved that the ordinance be placed on its first read- ing; seconded by Commissioner Price and carried by the following vcL e: AYES: All NOES: None Carried: Ordinance placed on first reading. Commissioner Spikes moved that the ordinance pass first reading; seconded by Commissioner Price, and carried by the following vote: AYES: All NOES: None. Carried: Ordinance passed first reading. Motion by Commissioner Whiteside, seconded by Commissioner Prime carried unanimously, Ordinance No. 970 passed first reading. ...ems ORDINANCE NO. 970 rdinance AN ORDINANCE PROHIBITING THE PARKING OF VEHICLES IN FRONT OF A PRIVATE 171 DRIVEWAY IN THE CITY OF LUBBOCK; PRESCRIBING A PENALTY THEREFOR, NOT EXCEEDING assed, $200.00 UPON CONVICTION, AND AUTHORIZING THE IMPOUNDING OF ANY VEHICLE PARKED awe IN FRONT OF A PRIVATE DRIVEWAY IN VIOLATION OF THIS ORDINANCE. 161 Motion by Commissioner Price, seconded by Commissioner Spikes, carried unani- m usly, Ordinance No. 972 passed first reading. ORDINANCE NO. 972 AN CR DINANCE AMENDING SECTION 15 OF THE PARKING METER ORDINANCE NO. 564, SO AS TO INCLUDE SECTION 15C WHICH INCLUDES THE PROVISIONS OF THIS ORDINANCE AND PROVIDES A NEW PARKING METER ZONE EMBRACING BOTH SIDES OF 14TH STR_,ET IN THE 1100 BLOCK, FOR THE INSTALLATION OF ONE HOUR METERS; REPEALI�.G ALL ORDI- NANCES RELATINC TO PARKING ON THAT PART OF THE STREET HEREIN DESIGNATED, AND NOT CONFLICTING WITH THE PROVISIONS OF ORDINANCE NO. 564• PROVIDING A PENALTY FOR VIOLATION NOT TO EXCEED $100.00, AND DIR CTING THE CITY SECRETARY TO PUB- LISH THE DESCRIPTIVE CAPTION OF THIS ORDINANCE, TOGETHER WITH THE PENALTY CLAUSE. This being the date set for Hearing on proposed Zone Changes, Notice of Hearing being of Record Minute Book 9, Page 106, motion was made by Commis- sioner Whiteside, seconded by Commissioner Price, carried unanimously, that the following zone changes be approved, as no one appeared to protest. Lots 10, 112 12, 132 14, and 15, Carl Roberds Subdivision, be changed from a "Ctt Zoning District to an tiFtt Zoning District. Tract 1, Block 2, H.W. Stanton Subdivision, be changed from a temporary "Aft Zoning District to an "Ftt Zoning District. Lots 1 thru 11, and Lots 20 thru 30, Block 2, Robinson Subdivision, and all of Blocks 191, 192, 193, 194 and the West 1/2 of Block 195, Original Town Addition, be changed from a "Ctt and tiDtt Zoning District to a D-1 Zoning District. Blocks 1, 21 3 and Block A, Modern Manors Addition, be char ged from a temporary Change "All Zoning District to an 11F11 Zoning District, and Blocks 4, 5, 61 71 $, 9, 101 11, 12, 13, 14, 15, 16, 17: 1$, 19 and 20, Modern Manors Addition, be changed ,inued" from a temporary "A11 Zoning District to a 11D11 Zoning District. below. The East 96.6 feet of the South 170 feet of Block 6, Roberts & McWhorter ADdition, be changed from a t'Ctf Zoning District to an t'F" Zoning District. notion by Commissioner Whiteside, seconded by Commissioner Price, carried unanimously, Ordinance No. 973 was passed on first reading. ORDINANCE NO. 973 AN ORDINANCE AMENDING ORDINANCE NO. 661, AND MILKING THE FOLLOWING ZDNE CHANGES: LOTS 10 TO 15, INCLUSIVE, CARL ROBERDS SUBDIVISION, TO AN '1F,' DIS- TRICT; TRACT 1 IN BLOCK 2, H.W. STANTON SUBDIVISION, TO AN 11F" DISTRICT, LOTS I TO 11, INCLUSIVE, AND LOTS 20 TO 30, INCLUSIVE, BLACK 21 ROBINSON SUBDIVISION, AND ALL OF BLOCKS 191, 192, 193, 194 AND THE WEST ONE-HALF OF BLOCK 195, ORI- GINAL TOWN, TO A "D-111 DISTRICT; BLOCKS 1, 22 3 AND BLOCK "A", MODERN MANORS ADDITION, TO AN ?IFt1 DISTRICT; AND BLOCKS 4 TO 20, INCLUSIVE, MODERN MANORS ADDITION, TO A 11D11 DISTRICT; THE EAST 96.6 FEET OF THE SOUTH 170 FEET OF BLOT 61 ROBERTS & MCWHOR,TER ADDITION, TO AN IT" DISTRICT; AND PROVIDING AND AMENDING THE ZONING MAP TO COMPLY WITH SUCH CHANGES. Motion by Commissioner Whiteside, seconded by Commissioner Price, carried unanimously, to accept Audit of the City's accounts for 6 months pperiod, ended September 30, 1949, and the Board of City Development and Cst y-County Welfare Association for the period January 1 1949 to September 30, 1949, and authorize payment in the amount of $1,654.75t to J.T. Talkington. Motion by Commissioner Spikes, seconded by Commissioner Price, carried unani- mously, to supplement the City?s budget in the amount of $12,000.00. This amount to be appropriated from unused funds from the 1949-1950 Budget. This ,'12,000 to be used to pay interest and principal requirements on bonds sold February 9, 1950. Zone Zone Change Hearing set for this date covering Lots 19 and 20, Block 1, Squyeres Change Ilace, and requesting that be chanced frori a temporary "A" Zoning District to an Hearing" "F" Zoning District, was continued until February 23, 1950, due to written protest Contin- presented the City Uommission by Hugh anderson, attorney, in behalf of ued. Clyde 11. Owens, tobert S. itodg,ers, Ur. and I.Irs. Fannie Gee. AQ P Notice of this Hearing being of record in iiinute gook 9, Page' 106. Men bers of the Housing Authority of the City of Lubbock appeared before the 14 City Commission and presented an Application for Reservation of Urban Low -Rent Public Housing and for a Preliminary Laon from the Federal Gov rnment . Preli- minary Loan to be applied for $170,000. 0. This matter was taken under advise- ment by the City Commission. Application of Kelly Hinkle of 1522 24th Street, for operation of Taxi Cab License to serve the Colored Section of Lubbock was presented the City Commission and the date of March 23, 1950, was set for Hearing at 2 P.M. (Application withdrawn on February 14, 1950-1, Motion by Commissioner Price, seconded by Commissioner Whiteside, carried unanimously, to approve plat of t1Westminister Heights" as recommended by the City Planning Commission. This property located between 33rd and 34th Street, Elgin Avenue to Indiana. RESOLUTION WHEREAS, the City Planning Commission has recommended the approval of the Plat of the t1WESTMINISTER HEIGHTS,'? a Subdivision of theSouth 360 feet of the SW 1/4 of Section 13, Block B, Lubbock County, Texas; THEREFORE, BE IT RESOLVED BY THE GOT RNING BODY OF THE CITE' OF LUBBt,CK: THAT, the Plat of TIWESTMINISTER HEIGHTS,t1 a subdivision of the South 360 Feet of the SW 1/4 of Section 13, Block B, Lubbock County, Texas, approved by • the Planning Commission on the 3rd day of March, be and the same is hereby approved. PASSED AND APPROVED BY UNANIMOUS VOTE OF THE CITY COMMISSION THIS 9th day of February , 1950. W. H. _.Rodgers Mayor ATTEST: Lavenia Lowe City -Secretary Motion by Commissioner Whiteside, seconded by Commissioner Price, carried unanimously, to approve plat of the "Lone Star Addition" as recommended by the City Planning Commission. This property located between Erskine (North bth Street) and. Itasca (North loth Street), from Flint to Indiana Avenue. RESOLUTION WHEREAS, the gity Planning Commission has recommended the approval of the Plat of the "LONE STAR ADDITION," a re -plat of Blocks 19, 20, 212 222 232 24, 25, 26, 2$2 292 30, 31, 32, and 33, Rice Addition, Lubbock County, Texas; THEREFORE, BE IT RESOLVED BY THE GOVERNING BODY OF THE CITY OF LUBBOCK, THAT, the Plat of the "LONE STAR ADDITION" a re -plat of Blocks 19, 20, 21, 22, 23, 24, 25, 26, 2$, 29, 302 31,32, and 33, Rice Addition, Lubbock. County, Texas, approved by the Planning Commission on the 9th day of February, 1950, be and the same is hereby approved. AND IT IS ORDERED. PASSED AND APPROVED BY UNANIMOUS VOTE OF THE CITY COMMISSION this 9th day of February, 1950. W. H. Rodgers Mayor ATTEST: Lavenia Lowe City Secretary Motion by Commissioner Price, seconded by Commissioner Whiteside, carried unanimously, to approve re -plat of the "J. L. EDWARDS SUB -DIVISION, f' as recommended by the Planning Commission. This property located at College Avenue and 1st Street, and being site of new theatre being constructed by Preston Smith. RESOLUTION WHEREAS, the City Planning Commission has recommended the approval of the Re -Plat of the "J.L. EDWARDS SUBDIVISION," a Subdivision of the North Part of Blocks 47 and 48, Roberts and McWhorter Addition, Lubbock, Texas, T HEREFORE.: BE IT RESOLVED BY THE GOVERNING BODY CF THE CITY OF LUBBOCK: THAT, the Re -Plat of the "J. L. EDWARDS SUBDIVISION", a Subdivision of the North Part of Blocks 47 and 48, Roberts and McWhorter Addition, Lubbock, Texas, approved by the Planning Commission on the 9th day of February, 1950, be and the same is hereby approved. AND IT IS ORDERED. PASSED AND APPROVED BY UNANIMOUS VOTE OF THE CQ TY COMI-ISSION THIS 9th day of February, 1950. ATTEST: Lavenia Lowe City Secretary Motion by Commissioner Spikes, seconded unanimously, to approve plat of "Badley City Planing Commission. This property Avenue, between 38th and 40th Street. RESOLUTION W.H. Rodgers Mayor by Commissioner Whiteside, tarried Sub -division" as recommended by the located on the West side of College WHEREAS, the City Planning Commission has recommended the approval of the plat of the "BADLEY SUBDIVISION,'? a Subdivision of the NE 174 of Tract 8 of the L.D. Kinser Subdivision of the NE 114 of Section 14, Block B, Lubbock County, Texas, THEREFORE, BE IT RESOLVED BY THE ^OVERNING BODY OF THE CITY OF LUBBOCK: THAT, the Plat of the 11BADLEY SUBDIVISION," a Subdivision of the NE 1/4 of Tract 8 of the L.D. Kinser Subdivision of the NE 1/4 of Section 14, Block B, Lubbock County, Texas, approved by the Planning Commission on the 9th day of February, 1950, be and the same is hereby approved. f_,� AND IT IS SO ORDERED. PASSED AND APPROVED BY UNANIMOUS VOTE OF THE CITY COVIIISODN THIS 9th day of February, 1950. W.H. Rodgers Mayor ATTEST: Laveni Lowe City ShOretary Motion by Commissioner Price, seconded by Commissioner Whiteside, carried unanimously, to approve Plans and Specifications on GWO # 542, proposed project for the construction of miscellaneous sanitary sewer lines, and authorize advertisement for bids for March 9, 1950. Motion by Commissioner Whiteside, seconded by Commissioner Price, carried unanimously, to authrize extension of 1611 Water Main in Avenue A, beginning at 26th Street and extending 350' South for Olen Steward Company. The owner will deposit the cost of a 611.1ine - $892.00. The City's immediate cost will be $1, 574.00, which willbe paid from bond funds. Motion by Commissioner Spikes, seconded by Commissioner Price, carried unanimously, to authorize the City Engineer to prepare plans and specifi- cations for installation of equipment and construction of improvements at Pump Station No. 4. Proposed work includes new suction and discharge headers, -one 10 and one 15 million Gallon Per Day Pumps, a new 3011 dis- charge supply line, a dual pcw er line, storm sewer and drain line, 2 new Venture meters with indicators, and other minor improvements. Estimated cost: $159,000.O6. Motion by Commissioner Whiteside, seconded by Commissioner Spikes, carried unanimously, to authorize repair of 1949 Buick of R.J. Simmons, which was damaged on December 21, 1949, at corner of Main Street and Avenue K, when a string of Christmas lights fell on the car. Amount of damage claim to be paid $39.60. Motion by Commissioner Whiteside, seconded by Commissioner Spikes, carried unanimously, to authorize $40,000.00 of Airport Surplus funds to be invested in Government Bonds, or placed on time deposit for period of twelve (12) months. There was discussion of authorizing parking restricted to one (1) Hour at intersection of Avenue 11Q11 and 19th Street,, and it was unanimously agreed to authorize ordinance to be drawn for passaF-,e at next meeting for such one hour parking. Motion by Commissioner Spikes, seconded by Commissioner Price, carried unanimously, to authorize 1948 Chevrolet Sedan, Car # 1613, used in the Police Department, to be repaired by Kuykendall Chevrolet Company at a cost of $195.40. This automobile having bLen damaged by driving into moving switch train. Other estimates for repair being received as follows: Edwards Company $251.23 Reece McFarland 20$.10 Pendley Body Co. 221.79 Bids as follows were read on C ble controlled BUlldozer, with Double Drum Power control Unit, complete afid mounted on City's International T.D. 14 tractor - 7411 tread ad 1811 track shoe, being Bid No. 1301. 1 Cable Controlled Bulldozer with Double Drum Power Control Unit, complete and mounted on our International T.D. 14 tractor - 7411 Tread and 1811 track Shoe. BID NO. 1301 W.T. McClure Company Arrow 1490.00 - 2 Weeks (FOB Lubbock - 2 10 Days) Kay -Brunner Control 1250.00 2740.00 _J (Alternate Bid) Arrow Gar Wood, H.D. Reconditioned Control Unit 1490.00 750.00 2240.00 Conley -Lott -Nichols (FOB Lubbock) Arrow Kay -Brunner C-50D Mounting Freight 1390.00 1085.00 100.00 117.00 Plains Machinery Company Bucyrus -Erie 14 &) it it P25 ) 2595.00 Rear Mtd. Drive Control (Alternate Bid) Bucyrus -Erie 14 &) If n P24 ) 2245.00 Used Control TIOT BID RECEIVED FROM: West Texas Equipment Company Fred Berryhill Equipment Company 2692.00 3 Weels After consideration of all bids, motion was made by Commissioner Whiteside, seconded by Commissioner Price, carried unanimously, to authorize purchase of new equipment, for consideration of $2,595.00, from Plains Machinery Company. There was discussion of purchasing second hand Dual parking meters from Park-O-Meter Company, at a price of Twenty ($20) per meter, and the City Manager was authorized to purchase not in excess of three hundred of these second hand meters, subject to inspection and selection. Authorization being given for trip to be made to inspect these meters. Motion by Commissioner Whiteside, seconded by Commissioner Spikes, carried unanimously, that the following men be appointed to serve as members of the Board of City Development. W.C. Alderson Guy C. Victory Joe Bryant O.L. Byrd J. Ray Dickey Motion by Commissioner Spikes, seconded by Commissioner Price, carried unanimously, the following Resolution was passed: RESOLUTION BE IT RESOLVED BY THE CITY COPHISSION OF THE CITY OF LUBBOCK: That the Taxi and Traffic Rules for the Lubbock Municipal Airport, attached hereto and made a part h,,reof by reference, are hereby ap- proved, and, That E.L. Colby, the Airport Manager, is hereby directed to promul- gate and enforce these rules and regulations. On motion of Commissioner Spikes, seconddd by Commissioner Price, the foregoing Resolution was unanimously passed by an affirmative vote of the City Corimlission this the 9th day of February, 1950. W.H. Rodgers Mayor ATTEST: Lavenia Lowe City Secretary LUBBOCK MUNICIPAL AIRPORT TAXI AND TRAFFIC RULES (Lubbock Municipal Airport is operated, maintained, and developed for the advancement of civilian aviation, both scheduled and nonscheduled.) 1. a. All Rules and Regulations of Civil Air Regulations, Part 60, as they are now in effect or as they may be amended are made a part hereof by reference. b. The following flight priorities are established for the Lubbock Municipal Airport. 0 First Priority: Arriving and departing aircraft, both scheduled and nonscheduled shall be accorded first priority, shall have right- of-way over aircraft flying locally, and local flight traffic pat- terns shall be diverted to permit their arrival and departure in safety and without undue delay. Second Priority: Local flying civilian aircraft shall be accorded second priority. Third Priority: Local flying military aircraft shall be accorded third priority, and their patterns shall be diverted in order that the civilian aircraft shall encounter the least possible interference. The priorities established above shall be void in the event of any emergency. c. Military aircraft using the Lubbock Municipal Airport shall do so during the hours of operating prescribed by the Airport Manager. Military operations shall be limited to the number of aircraft pre- viously approved by the Aircraft Manager to be in the Lubbock Muni- cipal Airport, Traffic Pattern at any given time. There shall be no military flight operations at the Lubbock Municipal Airport on Saturdays, Sundays, or legal holidays. II. TAXI RULES a. All aircraft in motion on the ground shall be taxied at a safe and reasonable speed with due regard for other Aircraft, persons, and property. b. Aircraft awaiting take -off shall park at least 1001 from runway in use and in a position so as to have a direct view of aircraft approach- ing for landing. c. Taxiing aircraft shall conform to the taxi patterns set forth on the Taxi Chart attached unless otherwise authorized by Lubbock Tower. III.TRAFFIC RULES a. There shall be no military flight operations when the ceiling is less than 1,500t and/or the visibility is less than 5 miles. b. In the event of mechanical or radio malfunctioning or failure, military aircraft flying locally shall leave the Lubbock Municipal Traffic Pattern and return to -the Reese Air Force Base, unless the emergency is of such a nature as the pilot in command shall deter- miae to require immediate emergency landing at the Lubbock Municipal Airport. c. All aircraft in flight below 1500t above the surface within a three mile radius of the airport shall conform with local traffic and with the following rules and the traffic diagrams shown on the attached ttTraffic Pattern Charttf unless otherwise authorized by the Lubbock Tower. d. Aircraft with operating radio equipment shall contact Lubbock Tower for instructions prior to taxiing or taking off. Aircraft without operating radio shall be governed by standard light signals used for the control of air traffic. e. 1. Aircraft with operating radio equipment shall contact Lubbock Tower for instructions at least i1fteen (15) miles out or at least outside the control zone. 2. Aircraft without radio shall circle the airport to determine the runway in use and shall keep a close watch on the Control Tower while on their base leg for light signals. 3. Aircraft with operating radio equipment flying locally shall remain in constant radio communication with Lubbock Tower while in the Traffic Pattern. f. All civilian aircraft taking off shall proceed straight ahead to an altitude of 4001 above the surface, level off and execute a 900 left turn when outside the airport boundary. g. All civilian aircraft intending to remain in the traffic pattern shall continue to climb to traffic altitude of 6001 above the sur- face after the first 900 turn and shall thereafter -follow the pattern as set forth on the attached "Traffic Pattern Chart.'? h. All civilian aircraft leaving the traffic pattern shall climb to traffic altitude 6001 above the surface after the first 900 turn, and shall then leave traffic by doing a 45 turn away from the traffic pattern. i. All civilian aircraft entering the traffic patternshall do so at an angle of 450 midway on the downwind leg at an altitude of 600, above the surface. 1 j. Scheduled air carrier and aircraft having flight characteristics which make the above procedures impractical shall be flown at an altitude of 1,0001 and shall conform to the rectangular pattern shown on the attached "Traffic Pattern Chart." k. 1. All military aircraft taking off shall proceed straight ahead to an altitude of 1,0001 above the surface, level off and execute a 90u left turn when outside the Airport boundary. 2. All military aircraft leaving the traffic pattern shall climb to traffic altitude of 1,0001 above the surface and after the first 900 turn shall then leave the traffic pattern by doing a 450 turn away from the traffic pattern. 3. Militar,, aircraft intending to remain in the traffic pattern shall follow the pattern as set forth on the attached "Traffic Pattern Chart. 11 4. All military aircraft entering the traffic pattern shall do so at an angle of 450 midway on the downwind leg at an altitude of 1,0001 above the surface. 1. Aircraft entering the traffic pattern shall exercise extreme caution so as not to cause aircraft already in the pattern to deviate from their course. m. The traffic direction shall be as indicated by the tetrahedron unless otherwise authorized by the Control Tower. Runway 3 is designated as the calm wind runway. n. Aircraft in two-way radio communication with the tower may deviate from any of the rules herein when authorized by Lubbock Tower. o. These rules may be deviated from when an immediate emergency pre- sents it -self that required such deviation in the interest of safety or upon authorization from Lubbock Tower. p• Any pilot, military or civilian, who violates the local field rules and regulations may be barred from the field and denied the use of the Lubbock Municipal Airport or its facilities. IV. No vehicle other than aircraft shall be operated on the runways, taxi- ways, or parking aprons without the prior approval of the airport manager's office. Motor vehicles which have been authorized to operate on the airport shall be properly flagged or marked and shallnotify the tower in person or by telephone before entering the landing area, and shall stop and face the tower and await light signal clearance before crossing or driving upon any runway or taxiway. The above rules, traffic and taxi patterns are effective immediately for the Lubbock Municipal Airport. All previous rules and regulations for the control of traffic at the Lubbock Municipal Airport a:e hereby rescinded and superseded. Promul gated this 9t, day of February, A.D. , 1950, by order of the City Commission of the Clty of Lubbock and under the autho- rity of Ordinance 898. LUBBOCK MUNICIPAL AIRPORT BOARD BY: Edward L. Colby Aviation Director Motion by Commissioner Price, seconded by Commissioner Whiteside, carried unanimously, to authorize the City Attorney to draft Ordinance to close the East a;id West alley in Block 10, Country Club ADdition. Bob Rose and Irving Jones requesting this alley be closed. The following letter requesting bids was sent to Engineering firms: Lubbock, Texas February 4, 1950 Gentlemen: Due to recent annexation of large areasto the City, we need some help in the preparation of a contour map of the areas on the perimeter of Lubbock. If you are interested in doing this work, we would appreciate your sub- mitting a proposal for the consideration of the City Commission at the next regular meeting, February 9, 1950. We would lile to have the map on linen to a sclae of 1 inch equals 500 feet and the contours at one foot intervals. With the exception of those areas in the immediate vicinity of Yellowhouse Creek, the contours should indicate an elevation accurate to one half foot at any selected point. City Datum will be used and bench marks will be provided by the City Engineering Department. There are about 30 sections of land involved and a list of the Sec- tions is provided on the attached sheet. We have a map in the Engi- neering Department indicating the areas to be contoured. You are invited to inspect the map here. We are asking for help in this work because we urgently need the information. Therefore, it is desirable that you state in your proposal whether you can begin work at once and low soon you would expect to complete the project. Yours very truly, /S/ W.B. Holmes City Engineer In accordance with the above request for bids, the following bids were read on contour maps: Lubbock Engineering Company 29.5 Sections 175.00 per Section Parkhill, Smith & Cooper 295.00 1195.00 per Sq. Mile C.A. Tubbs,, Engineer 350.00 per Sq. Mile B.T. Rucker. per Section $5162.50 of land After consideration of all bids, motion was made by Commissioner Whiteside, seconded by Commissioner Price, carried unanimously, that the bid of Lubbock Engineering Company be accepted for this work, it being consider,d the lowest and best bid. No further business coming up for consideration, the City Commission Read and approved this the _2,,5- day of �e�y,�r1950. ATTEST: L C ityS r to y ae.