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HomeMy WebLinkAboutOrdinance - 311-A-1925 - Letting Contract And Making Provision For Payment Of Indebetedness Incurred - 07/06/1925ORDINARCE NO. 311-A LUBBOCK 'SPECIAL FORK :rm. 5, FOR tmiTS 34 to 38 ORDINANCE lETTING CONTRACT AliD UAXING ~OVISION FOR PA'D!ENT OJ' IlmEBTEDHESS IBOURRED THER:E»Y., .uDl DECLARmG AJI EMERGEWCY. WHEREAS, the City of Lubbock baa heretofore ordered that portionsot 13th Street, Avenue 'r,AVenue I, 9th Street, and Av~nue x. designated by Units Nos. 34 to 38 inclusive, be improved by paving, -=tnd otherwise, as shown in the proceedings in connection with web im.J>rovements, and. plans and speci:ticationa were prepared, :filed and approved, a.nd bids advertised f~r,. and ~1d of the Panhandle Conatruction Company was received on the ?th .day of ~uly, l925,,and same has been duly considered and is tound and ·d~te~ned to be 'he lowest bid and the best bid and the moat advan~ageous ~o the City and the owners ot property abutting the proposed improvements' and, WHEREAS, ~he present condition of sald stree ts and places endangers health and safety,. and 1 t is necessary that the improvement thereof be proceeded with while the weather will permit• and such facts constitute a nd create an emergency• THEREFORE BE IT ORDAINED BY THE CITY OF LUBBOCK, 1'EXAS THAT: .lit The said bid of Panhandle Const~ct~on Company .be• 'and the same .is , hereby accepted• and the contrac t is awarded to Panhandle Construction Company. 11. The r~rm of suoh contrRct embraced in the specifica tions heretofore adopted by the CitY' and approval, and which is alrea dy executed by Panhandle Construction Campany and d~ted the day o~ 3uly , A.D. 1925, be a nd the same is hereby in all things approved, a nd the .ayo~ is hereby directed and authorized to execute~ in the n~e of the City, ·and tbe City Secretary to att~st same an~ impFess thereon the corporate seal. lll. For the purpose of paying the City"a part ot the cost of aai d improve- ments, funds therefor are hereby appropriated out o~ the available funds, and there is hereby levied and shall be assessed and collected tor the yea r 1925 a tax of and at the rate of ¢ on the '100.00 valua tion of all taxable propert7 in the City of Lubbock, Tex a s~ an~ · said tax at s a id rate, or eo mcub as shall be necessa ry, shall be annuall y levied• asseaaed and collected while any o~ such indebtedness and sums. either principal or interest. 1a outsta nding and unpaid• and the proceeds o~ such tax shall be kept and held in a sacred fund and applied to the purpose of paying HjiiOJ a net itJdebtednesa incurred by such contract, and to none other. zv. The facts recited 1nthe preamble hereto constitute and create a.n emergency and an urgent public necessity requiring that the rules an~ cbarter'provisions providing for ordinances to be read more than one time ' or'at more than one meeting be suspended, and that this ordinance be passed as and take e:tfect as an emergency measure, and such rules a nd proVisions are accordingly suspended and this ordinance is passedas a nd shall t a ke effect as an emergency measure, and sb,.3.ll be in full force a nd effect immediately from and atter its passage. Passed and approved this 6th day of J'uly• A.D. 1925 .. F.R.~riend Kayor.ity ot Lubbock, Texa s. ATTESTs l.R.Germany. City Secretary.