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HomeMy WebLinkAboutResolution - 112056A - Establishment Of Temporary Public Transportation Board - 11/20/1956bA -'' RESOLUTION BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY'OF LUBBOCK: 'pvo-VC That the Commission establish a tempora.ryj�Transportation Board with three members with authority to meet and consult with persons and corporation representatives relative to operating a bus service in the citrof Lubbock. ,The Board to work out anew franchise in the best interest of the city; and That the proposed franchise holder have a minimum of $150, 000 in cash and / or the following assets: First class buses and other necessary rolling stock, cash, spare parts, insurance coverage, etc. (excluding real estate and other properties not actually to be used in operation of the business) and be further so equipped that the operator can render sustained bus service in Lubbock under the franchise effective February lst 1957. and upon completion of its work the Board make its recommendation to the City Commis sin On motion of Commissioner. seconded by Commissioner casexx the foregoing resolition was passed by the Commissions by the following, ote: Commissioners Voting AYE. ; Byrd,, Casey,, Marey & Mayor Pro tem Baker Commissiouers Voting Nay: None This 20th day of November 1956. ATTEST:- Ar City Secretary i _ n r y v S . .Forr'reg't , Jr. Mayor ,