HomeMy WebLinkAboutOrdinance - 411-1928 - Ratifying And Confirming Contract Co. - 04/12/1928• > ·)
CITY BALL
Oit7 of Lubbock, 'fuaa •
April 12th, 1928.
The ou,-Oomi11lon. ot the OUy of Lu.bbook, IJ!u••• waa convened in reguJ.a.r
•eis11on in the City Ball, in the our ot Lubbock, Teu•, on the 12th de., ot April,
A. D. 1928, Jreaent,-
lfaror, ·~ i j\;., J),.., WOGt"8.t. ' f
J. H. Hankins
~~\\ A. v. Weaver
J. F. Bacon
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__,.;,...,;...:..-...;:.i-:,-._J ) Con:mi•aionere,
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an4 w. a. Roger•, Oii;J" Seoretar,,
1fb.en the tollow 1Dg proceeding•, among other•, were had, to-•U:
There n• offered tor 0Gll1ld.eratton and paauge bJ" the Oit7 Oommi111on.
Ord. blanoe Bo• 411 ent Uled, ,. Al OJIDDtDOB ~D'tIBG AlfD COliF tmmrG COB'l'nAC'l'
liBTERBD Il'l'O :BY ABD Bli1l'WED TllB CU'Y OJI LtmBOCK, HXAS, ARD PAIBAHDiiB COJfS'l'RtJCTIOB'
COMPANY, CO:tl'l'BAOTOB, JOB U1 COD!'BUWIOI 01 ~ S'IDOIIBG POOL IB Am> POR SAID CI'l'Ys
AUTlIORIZIIG '1'D ISSU.UCB OJ' FIVE Am> OD BALP PER Omr.l'. (~) JJOTES II PADmlf'l'
'l!IEllEl'ORs LMIBG S Bl!ICESSARI 1'il TO l>.lY 'lD mERBST AID PROVIlll A SIIKDiG FUID
cro BmIRE SAID flO'l'ES AT JIATURI'ff1 ADD DBOLARIBQ AB EldDGEUCY,"
»oy«1 'bJ' Oomml.111oner a;ankin s , ••ao.oded b7 Oolllllta11oner Wefiye r ,
'1\&'\ th• ordinAnoe be read in tu.ii: Mo'\ioa. carritd, and the ordinance ••• r•d.
in Ml b.f the Oi'ti,1 Seoretu,.
li1Y-4 b7 Ooai-•loner Bae on , 1eQonded 'b7 Oomm1&1ioner Ha. nki ns ,
t.bat the ordinance paea tir•'li readillga
?EAS1 Oomm1ae1oner• Bacon, Hankins and Weaver
BAYS, Hone,
Motion oarrted.
Moyed b7 oomn1111oner Hankins • aeoonded. 'b7 Commi11ioner Bacon
ih&t the .rule• b• auapend.ed an.4 the ord.inance be placed. on ,eoon4 read.tng b.Y oap1i1ona
DW11 Oomat11lomu•• Hankins and Bacon
l'Atsa Bone.
Motion carried., and the ordinanae ••• read. bJ" captS.on.
»oytd b7 Oo-.1Hioner __ B_.a~c.;.o;;n ____ , aeaonded b7 C011111i111oner Reo k i na
\hat the ordinana• pa•• lkOnd read.11161
TEASs 00111ia11oners Bf&c on and Hankins
BATSa Bone.
Motion carried.
JloTed b7 Oollllli11 ioner Hankins , aeoonde4 17 Comm.ii a ioner Bae on
that the ordinuce be pl.aced on th1rd. &n4 final r•ding by captio1u
Y.BlSa OOlll!liHioura Hankins and Bacon
JIA?Sa Bae.
\
,
Jloyed 'b7 Oommb•ion.er B ac on ,, aeoo.nde4 b7 Oommiealoner
Hankins ,, that tlle or41nanc• be tinali,, pas•eda
YEAS& Commi1eioner• Ba con an a Hanl-::ins
IAYS1 Sone.
-,O.r Wood• tllen. declared -th• ordinance tlnal q &do»tecl.
'l'he or41nuot toll.w1s
OBDlllABOB BO• 411
AB OBDIIABJB RATIJ'YIW ilD OOIJ'IBIWIG COll'l'RACT ER'l'lmED mo -~ AJrD ..Jl!zrl.&811 !JIB Olff 01' LQBBOOlt,, nx&s • AID
PAIBAIDLI C01'S!liUOJIO• OOMP.AIY • OOli'lBAO'l'OR, JOB nB
OOBSTifU'c:7.rIOI OF A SWIJDilB'G POOL Ilf AUD JOR S,U]) Oiftt
AUMORIZDG TBB ISSTJ'ANOB Oi' FIVE A11D Ol'E IW,J PER OEll'l.
(~} BO'J!ES DI PADIBIT TOREFeRi I.ETI'DfG TD NBCESSAB'f
TAX TO PAt SE IftERBS'l' AID PROVIDE A SIIXUG WID ro
BmlRE SAID JIOTES AT :W.TURITYa AID DllOLARIJfG AB EIIDGBiOT.
'IJllltMS, 1lhe Oit7 CcmDialiu ot the Cit7 or Lubbock, luas, h&a heretetore
4.etendne4 tu uc•••iV ancl &d.Tb&bl11'7 ot ~ ooaa,ruct:len ot a 111U&io1pal nbamiJtg
pool in &ml for said C:t'3', a.ml,, 1a aceordano• w11lh the proTiliOD9 Of See11iion 27,
Artlol• lX, of the SpecS&l Ohart•r o~ .-.1c1 01',1, reoeiTed oompetitbe b14• tor the
oonnruation ot •a14 ftlmiltg pools 8114,
11BERBAS,, the Olt7 Oonn111ion oan.Taeaed the 'bida reoe1Tec1 and to'IUl4 that tile
bid of P&Qherndle Oonnrunion Oompan.r, Contractor, -• the best bid receiTed, &124 111
oouequeno• ,hereof ea11trecl iA~o ,. comracn with sai4 Panhandle Co1111tniction Oompan,
on the 12th~ of Aprs.1, 1928, whloh contract b hereto referred to and made & part
hereots and,
~s. u.14 contract haa l>Ma b,1 thil Oommiae1oa 4ulT oon•14erecl and
umer1tood1
1. that eaid contract be all4 the same 18 hel'e'b7 ratiti.S., apprH'ecl, con-
firmed. aJl4 ad.opted a• the &etl and aomrac11 of eaid OiV, am the t&me 8hall be
record.eel a.pon the Klmlt•• ot thi• Com1e•1oa, and aaid. coatr&ot price ot tl6,336.30
11 hereb,-made and d..Clancl to be the lawful de'b1J of said Oit7 ot Lubbook, 'l'uaa.
2. That, in aocor4.anc• w1,h 1a14 contract, not•• of the Cltr ot LubbOck,
110 be called "CITY 01 LUBBOCI[ PUllLIC DIPROVDEllP.1' BOHS, SERIES 192811 , be iln.ed in
tile am of .B~ Thouoaml Dollar• l OS ,ooo .oo) , eTidenoS,Qg the oontn.ot prioe to be
pai4 the PanhaaUe Cone1iruriion Oomp&DI", Co~tnctior, in not•• bT •id Cly tor the
tur111mill6 et laber and mder1al 1D the co11.1t:ruo1i1on of 1&1d municipal ni•iDg pool,
the ball.me of aa.14. ooa1iraot pna• to be paid said Panh&Dlle Oon1truct1on 00Jnp&l)T l>T
aaid Cit7 1n calh,
·Z. ~hat aa.14 not•• e.ball be mmabved from one {1) to eight (8), 1nclua1Ye,
and aball b• 1D the du.omina111on ot One Thouand Dollare tt1,ooo.oo) •ch, aurec,.tiJlg
the au at Eight fhouaan4 Dollarw (ta.000.00).
•• '!hat 'tiher ahall 'be da.1114 X.,, 15th, 1928, and Bhall become due &D4 :par-
able aerially•• follow11
l & 2, '. ,,
5 & 6,
,, a, a,
Jlo1'1tmbtr l5"1l, 192'9,
!lo·nmber 1511h, 1$80 • .
BOT8DbV l5til, 1981,
lfo nmbe,• 15th, 1982,
AJ40UITS.
02,000.00
2,000.00
2,000.00
2,000.00
5. That •~d note• lh&ll bear 1n,erest f'rom da.te until paid at the rate
ot five an4 one halt per oemum (~) per &n11lillll, p&Tabl• ••i•NJDPalq on the 15th
da., ot BoYember &114 th• 151111. ur ot Ma., ot •ch 7ear, which :lntc-est 1• a pan ot
,he contract prioe A61'•• to and •h&l.1 be eY14.enaed br coupon• at,aahed to each of
11ai4 not••• l'aat due intereat lhall bear interen at the rate ot fiYe and one halt
per centam (~) per ammm from JQa.1iu.r1t7 ut1l pa~.
&. ~t 1&id not•• lhall proTide th&t in '11• nent ot default in the pq•
ment ot principal or intereat, and. the NIH 1e placed 1IL the hands of an attorne7 tor
colleotion, or it collected b7 lega.l, proceldltJge Qt u, kind, an ad4ition&l amount of
ta per eentm (lo%J on the priaoSpal. and 1.utveat then du.e lhall be added. aa
, • !rhat the prillcip&l and interest ot said note• shall be pa,Jabl• 1D law-
ful mone., ot the United Stat•• of Amerioa upon presentation and aurrend.er of notes
or proper ooupoaa at the Ban.ayer lat1onal :B&nt, Bew York Cit7, Bew York.
a. l!ha, If.id note• lh&ll be eigned b,T the ..,.or, counterdgnecl 'bJ' the
Oitr S.oretA17 and registered b.t the 01117 11.r••urer, and the Hal ot the 01t,-1hall
be imJ,reued upon ea.ell ot aa14 not ea. t.nie coupon• ~ be at.cnecl b.y the Jra.yor and
lithOCJ"apht4 upon. ea14 coupo•••
so. --
'• !'he -fonl of aot• thall ff nbetanUall.T ae tollow•r
UJl'lBI> S!AUS Of AIIBllICA
S'IA'l'll 0'8 !BIAS
COUJ'ff 01 L'lIB!OCK
01ft OJi' J.llBJl()(J[ POJLIC DIPROTBDE 110ft,
SIRXBS 1928.
t1,ooo.oo
mis IS TO OEM'lrt 1ibat th• Olt.v ot L\lbDeck, a IIIUlic:ipal oorporat1on 1n
th• Coun~r ot LO)ook, an4 ~au ot kl:&•• Ulld.a &'D4 b7 Yutu ot a Y&lJ4 and n •
eit1i1Jrc otDt.n,qt, 1• Ju~l.T illleltted. to Pll&lhamB• Oonatrucnion Compu.,, OoAtiranor,
it• UfiCD,I 0.l' l, ... w, 1a th• pr1,M1pal R11 ot
OJJJI QOVSAll) l)OWJlS
(f~,000.00) • la. luM moae, ot tile tb:P..1,ttd. Stat•• ot aiertoa, •1th in.tenet thereo11.
trom date bveo,t at11 1>&14, at tile rate ot t1Ye am. one .b< pc-otnt'QJD (~) per
ot lla,1 ot •ch rear, pan d:a.e 1n11•reet Gall bear 1n.1iu••• a.11 the .nt• ot tiYe ,-n4.
OJMt halt per octa (~) pC' .,.,,_ n:,oa !DldVlV atU paSd.1 bOth prilloipal · .. 111-
tion and. n.rumer ot aote or pro,... acnq,onJ am ,11. 0117 'fr•eunr of aa14 otv ia
h•r•bJ' mthori1ecl, omff'4 and dh'•ot-4 to P¥ to-Ille aid Panhandle Oomtrwnion
ComP&Jf3, 1'oa.traotor, it1 •••tsa• or bw.r•, at the aid bank, ~• aid nm ot Ou
Thousand Doll.an (fl,000.00), OJL ._ht 15th 4--, ot lovmer, 19_, the date ot matul\,
of thi• note, 1 ill Ml •etillement ot the 1D1•Mect.n• • hentb7 ffiuno·e4, trom *•
1~ IS H!RBBY ••peoiall,7 a.creed that it ihi• note, or azq intend coupon
hereto attached, 1• not l'Jaid at ma11urttr, an4 th• 11ae 1• placed in. the hand• ot Ul
attomer tor oolleotion after •tv1V thw-,t, or nit le tiled. t.bueen, or coll•ot1on
made llt 1-sal prooeecUJSB• of arq kiJl4, an a441tiou.l amount ot tc per om"1m (l~)
OJl the principal u4 imtt-est then due ehAll ~• acldtHl u at'\ornq'• t••••
THIS BOD b e.ae of a ••r1•• of eight note•, aualJ1rtld trom one (1) to eight
(8), lnclu•1••• in 4eomimU.oa ot One 'l'houean4 ·J>o11&ra (t 1,ooo.oo) ea.ch, aa,reptiq
\b.e .. or BiBbt 'Blov.UZld. Dollar• {te,ooo.ooJ, i •ned tor the purpose ot .-.·idenof.Jtg
the 1-ebtedaet• of ih• Cit7 of Lu'bbook to the aai4 'P&Dh•ndle Ooutr11cn1on Oomi:an,,
Contaotor, !ta •••lBn• or bearer, tor the oonnra.ot1oa •t • 111111.iotpal ffimmiJlg p0ol
iA a.n4 tor aid Citr. tn aoaor4azlc, witll co.n.t.raoil bnween ai4 our IU14 •14 Contractor.
llllder aa4. 'b,y "finu of the Cout1tut1on &D4 la• of the State ot !lezae, and la pveunc•
ot an orcU.nana• dul¥ and lepl.1¥ aclop\ed lO" •• Oit7 Comniae:lon of •14 Cit7 &D.d. record.14
1n the lUmlt•• ot •14 C1t7 co .. batm.
n! ?>ATE of t~• •t•, Sn con.toralt,. wi'th the OrdlnaACe aboYe mmtiO.n.ed, 11
-, Ut.b., u•• ltill4 it h i.-•l»,y oC'11f.S.tc1and.no1te411:bat all ~•• oondittou aa4
thlna• req11.lrad to b• d.ou precedent to &114 1il ille ienam• ot th11 not• ••• been.
p.rope.tl.7 d.one &Ul4. »ert4nutd u4 a,e happane4 in reSQ.lar and d.ue time, form &ad. IIRlmer
&I l'ttq1U"4 b7 law, Md. that ihf io,ai 1D4•"bttGn••· ot •14 CH,-, Sao.\'Q41ng 11hi• .,.
and tlL-e •ate, ot Which u i• a pan, dH• no, uceed &1\1 cannita:\1oaal or •tata:,017
hu ~-•• aa1 ot oi4 Ctv to b• hereto ;.ttlxad and thi i note to be I SC• ~
"11• JIAIO~ u4 co,m.ter•lCn•4 bJ" th• Cit,-seontar,-, aa ot the date last above written.
Clw ha.retr.r,. 01117 9t
Llabllou. f'aaa.
lo.
iiior. dtv of Lubbook, fa.a•.
IOIGISfBBJID, thia the_ u:, ot _____ , 1928.
clv 'l1W.811Z'81", 01'7 of .Lubbock, Texas.
-011 mB lft& DA? 01 _______ , 19. ___ ,
Oontn.ctor, it• a.e•:l&n• oi-ltarer, at the BanoTU' Bat1onal Jut, •• Yo.rt 01\r, J ew
Ioa., ~ 111m ot h°eAV s.-.·c an4 00 /100 :OOUan { f27 .50 J • 'be!.Qs • tic montha • lntereat
!he follow-a,1,snmct ehall •pJ>Ar 011 th• •• ot •Dh of u.S.4 aoteh
ASS m&llf'l'1
ll'HIS IS TO OBR!'ln tba1 P•nb&lllll Con1t1-aotton COJI.P&I\T, Oent~&otor, ha•
reoe1Tad tll• wUhla princ1",l l'ubllt ImprOYatnt Jot•, and •• lntere,, ooapou
a.u4 ia.terui 1 t •• l._ &n4 to 1ihe .-me, and &1•0 '\he proporUona-• parts et •14 em-
tract price aa4 the 4•~ 4•• H, with btvHt therflOn, bJ' ai4 01.-., 1'1llch l• repn-
•••'• 1aT the ~t oalle4 tor ~ ~lit• pr1Do1Ja). note .and the anaue4 ••»om; u4
eal4 bal'll' b here'br 11l'l»ro,ate4 to all olaim•, lieu, rich• or title, whnh.-1a
law or ill equiv• wh1Qh are or __,. be a•curacl. to •14 :P•nbari4le Ooaet:ruo·Uon. OOJlp&J\f
111 •14 ooa11ract_. 11114 it ~•r•br authorl••• the bearer hereot to nUeot the ame aa4
gi,e tuU r,o~ip\ &ad. &Gq,at.,ta!!.o, t~•:t"•ot. tn i~• .mm••
l>AllWfDLI COBSTROOT10ll Q'lll'ABJ, OOITBAC~R;
.,., __________ _
&114 4eliV4J.red w •14 Con.tracter en eetiM'• ~o bt &llowtd. 'b7 the 011T OoD1111a1ioD.
&tter the mater1&1 h.rniehed and iuor pe.rtorme4 ha•• bee 1nQff'ti:t4 &11111 aooep,e4
b7 n.$4 01117 C0.,.111.on.
11• IT lS N.R!BER ORD.AllED t.bl-1' a .hDd. be u4 tihe ame if h•:r•tv mate
an4 c .r•tt4 aZ14 ab&ll be 1e1 u14e aD4 dHtpa,ld. &8 "sPECIAL PUl3L10 IMPllO'fll4UT
llO'!E WllD. SUIJS 1929", which land. wben. oolleottd a.ball )e u.11114 to P-s the 1A11tr••
all4 p.raTicle 11:h• llfflHU'T 11.Jlkill& f'llD4 ,o Pit¥ ta14 iiot.e, ... •ta.rlt7, aDl1 tor DO
..
, v
leTled on NJ,d propel"11T tor the curnri, 7-.r, am 10 much 1ihereot or 111 -4dltion t.blmo
~
oolleoted an4. applied to the purpose naru4•
a).l the r•Y---• du1Ylld from tile o,PWation et •id mu1e1pal -"ianinB pool, bectnn1,Dg
wS.U the .rffeue• oolleoted. 41U'ina 'the ,ear 1929, Bhall be irre-rocabq placlgeO. to pe;r
11. 'l'lle taol tat the CiV ot La.b'bodlc dfrb••• to cC:lllplete aid anmtcipal
niJaSJts pool a• apH4ll3 as poe1illl• 1a or4v to haTe same r..a,, tor tm opa1Dg ot
ne 1928 ••"a, -creatH an ••rcenor and. aa taperative public uceaa11i7 tha1i the rule
requiz1DC ordillanoea to 'btl na4 &t more °'ha OU uettng of the 01.y OODID1111on 'bl
n•p•ed• aa4 ,, 11 eo oar4&1De4, an4 th1• ol'dinano• aball take ettect and lae 111 raree
from &l1d aftw Ua pair-.r• aa4 app.retal.
PASSBD, 1ibia '111 12th d/1.7 ot April,. A. D. li28 •
.AffROVlllD, 'lhh 11.b.e lath da., Of Aprll,. A. D. 1928•
(CITl' SUL)