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HomeMy WebLinkAboutResolution - 091257E - 1956 Street Improvement Fund - Partial Sum For General Fund Andd ROW Acquisition - 09/12/1957 y k i /^ /► 1- RESOLUTION WHEREAS, the City of Lubbock has heretofore entered into contracts with Lubbock County and the Texas State Highway Department which jointly constitute a comprehensive street and highway improvement project including Loop 489 which is partially within and partially outside the corporate limits of a the City at the present time and the acquisition of right of way to complete the Loop and intergrate and connect it with City streets has been under way for several monthsand the Commission is of the opinion and finds that the acquisi- tion of Loop'right of way and other street and highway right of way is in fact a part of the Cityts dispersal systearni and WHEREAS, Lubbock County and the Texas State Highway Department are proceeding rapidly with the City of Lubbock to',acquire all needed right of way for the Loop and other projects at the earliest .practicable time 'in order for the City and County to secure State funds- at the earliest time available and annexation proceedings are under study to make appropriate extensions of the Cityts limits to meet over-gall planning requirements to adequahAy serve all areas with adequate streets and highways; and WHEREAS,, the City now has on hand in the 1956 Street Improvement Fund the sum of $484,,000.00 and finds that the sum $229, 648.41 has been used out of the General Fund for the acquisition of right of way and the General Fund should be relieved of this burden and the actual cost of such right of way be paid out of the 1956 Street Improvement Fund and the General Fund fully reimbursed for such expenditures, and further finds that public necessity and convenience require the immediate adjustment of accounts as hereinafter directed; THERE- FORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK: SECTION 1, THAT all of the statements and findings set out in the preamble of this Resolution are hereby adopted and made a part of this Resolution SECTION 2, THAT out of the 1956 Street Improvement Fund amounting to $484, 000. 00, the sum of $229,648.41 be paid into the General Fund to reimburse said fund for right of way hereinbefore mentioned and acquired out of the General Fund. SECTION 3. THAT the balance, remaining in the 1956 Street Improve- .went Fund approximating $254, 351. 59 be devoted to the acquisition of such right of way as may be needed for Loop Z89 and the 'widening and extension of streets and highways which will enable the City and County at the earliest practicable time to secure State funds for right of way acquisition purposes .as well as construction purposes. SECTION 4. THAT the City proceed to develop descriptions to be timely used in annexation proceedings in making extensions of the corporate limits as directed by this Commission. e CA 11647 eaw I SECTION 5. THAT the adjustments indicated by this Resolution be immediately accomplished and that appropriation ordinances be submitted to the Commission covering expenditures to be made out of the balance,, $254, 351, 59 in the 1956 Street Improvement Fund, as and when needed for such purposes. On motion of Commissioner Casey , seconded by Commissioner Maxey , the foregoing Resolution was unanimously passed by the , i y oman ssion of the City of Lubbock this 12th day of September, 1957. S. O RES JR ,Mayor O � f� ay r ....... ATTEST: ";, Lzx, �attc Laiei nia Lowe, (pity Secretary-Treasurer VEW:gb TO: H. P. Clifton, City Manager ate September 11, 1957 N. B. McCullough, Director of Public Work-4 FROM: Vaughn E. Wilson, City Attorney SUBJECT: AGENDA ITEM FOR THURSDAY , SEPTEMBER 12 Consider resolution pertaining to use of right of way funds . VAEG E, L ' ' City Attorney VEW:gb