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HomeMy WebLinkAboutOrdinance - 361-1926 - Authorizing The Purchase Of Land Owned By J.A. Wilson - 12/09/1926C I T Y H A L L CUr ot Lub)ock, Texas, Dec-.ber _:J__. 1926. h)A _/ The CU7 Collllitdon of the Cit7 ot Lubbock, Tezas, was :ent?ed in /lff-91/IP /" 1eedon in the CU7 Hall, in ea14 CiV, on the dq ot De~er, A. D. 1926, Preeent,- Jla.Tor, CoiDDlislionert, F. w. Groce, CU7 Secreta17, when the following procee41J~SI, among other•, were had, to-wits '!here wu offered tor consideration and paee&&• )J the C1t7 COIID1at1on Ordinance lo •. % { , entitlecl, ".AB ORDIIAllCI JT THE CIH OOJ81ISSIOH or !l'HE CI'l'T OF LUJBOCX, TEXAS, AtJTBORIZIJlG 'l!IIE PUBCHASE BY THE CITt OF LUBJOC.K OF LAliD OWlJED :BY J. A. WILSOli AID LOCATED llf SURVEY 18, BLOCK A, LUJBOCK COUJTY, TEXAS J PROVIDIIG FOB 'DIE ISSUAMJE OJ SIX PER C:aT. (6%) IliHBBST JBARIJro WARBAITS IIf PADIEm! THEHEi'Olh LEVTUTG THE IECESSARY TAX TO PAY 'l'HE IBTEREST AtiD PRIBClPAL OJ' SAID WA.RRAITS AT MA!W.RI'l'Y 1 AlllD DECLARillG AN .EitERGENCY. •• • .16DYed 'b7 CoaD18110ner ~· tecondecl b7 Coamieeioner . · that the ordinance be read in tul.Ltion carried, and the ordiD&nc~in t\111 );y the CU7 Seoretaq. lrloYed ~ Cormn1u1oner W&~.C. eeooDde4 'by CODII'Jd.eeioner fl?/f.,i/'hs, that the ordinance pae• first readings lloUon carried. l'BAS, COIIDieeion•./1/~ ~I ~ 1 d,~ ~ HATS a lone. "~lJ' ~ '---~ JloYed ~ Commissioner W;v~p , secoD4ed b7 Comm1a11oner l/¢nJ1'!1.j tha~ the rulee be suepended aD4 the ordiuanoe 'De placed on •econd reading 'b7 oaptlonJ and paea aecolld readinga .J/ Lf_r_ _ _ Jl ~,~, nASa Co~~~niseionerea/~ ~/ /~ 'r ,,_...._,._, IA!Sa Rone. Motion carried• and the orcUD&nce wa.a read b7 cap~ion, and paeeecl eeoond read1nc. JlO·nd b7 CoDDhlioner ~~cZVe 'i , aecondeci b7 Co111111b11oner //G',II11'1z S , 'lhat the or<i illance be placed on t rd and 1D&l readbc b7 caption• nASa Conrmiesionerly/~~f/Bt;~, I'~~ liAYSs lone. Jlo~ion carried, and the ordin&nce ••• again read lt7 caption. Koftd 'b7 OoDID11181onar ~ , seconded by 0~1aa1oner tbat the or41naaoe be f1D&lll' p&leeds YEAS: Comrnisaioner•Jtl~ ~~ )1~1 4~/ BAlSa lione. ~ ,,~,..., ~. • Motion carried. 'l'he Ma.for then declared the ordiaance t1nall7 adopted. The ordinance tollowea OlUUlWICilfO. $__ AI' ORDIIAIO:i JY Till CITY COMMlSSlOll OF 1U Clt'Y or WJ!OOX, !BIAS, .AUTIORIZIIG TU Ptnl>lf.ASE IT TU CI1'1' OF WUOCl Of WD O'IBED JT J. A. 'fllltSOlf AJID LOC ATED U StmVEt 18, BLOCK A, ID'BBOCIC OOUI'lY, 'l'UASa PllOVID- UG JOB TO ISSUAICB 01' SlX ~Blt Oil'l'. (-) IJiftBE'l' UAltlliG WABBAHS 1• PA1'Xli1i'r HEltUOlb l.EVTIIO RB DOiSSAm ~AX !0 PAY '!JIE ll'l'ERIS! AID PRIICIPAL rfl SAID WAliRAITS A'l MAi'UlUfta AID DBCI.ARIIO AI liiBRGEICt. WJIE!l.RAS, the Olt7 com1aaloa ot the CiV ot Lv.l,.bock, fuae, hae heretofore 4etera!Md the aecealltr &D4 a4Yllab1llt, of aeovliW u a441ttoaal •t•r app)¥ tol' the CiV 1A orcler to protect Ua •tenorke qet•, an4 baa oone1dere4 OOIIpetUlYe f"JOattloM a.e ooat.aplated. lJl the Ott,' Ohanei'J &114, WSIBBAS, tbe Ci" CO.-italon oaaa14era \bat the ~eat propoaltlOD reoe1Ye4 n• tlut propotition ot 1. A. Wllaon otter,_. 82 acre• ot 1&114 on which ue looatecl tb.e tpl'llap bon. ae tile head.nten ot the Braaoe R1Yu, whiah l&Dd 11 11tu1sef. 1A Sunq 18, B1ook .A, 1bltook Ooa'T, !exu, l¥1Dc nortBeat ot \U C1V ot Lu~ltoat &11111 bel .. 110re p&l'tiov.lul.J 4eaoi'1'M4 lt¥ •t•• ail4 bouda a• tollowaa Jec1DD1Dc at a etoae ••t tor the D comer ot SeQtloa 18, Block A, the n comer ot this tracta ~enoe waat tollOWSlas tile unh llne ot Seot1oll 18, 12M Yaraa to a pol.Dt in the eaet rllht-ot-w&,J ot the Paaab&Ddle aD4 SUU. re Ball1'0&4J fheaoe south 66 dec. 50' Eaet tollowiJ16 ea14 r1ght•of-~ l1De 1•98 Yaru to the eaat line of Seotlon 18, the SB oomar of thia '\I'&O'J Thence Borth tollowizli 'Ule eaet 11M ot Section 18 Ul Y&rae to a 3/fl' 1ron pip•• Thence .North 66 4es. 60' Wen, 416.8 Yar&ll l'henoe lorth eo · c1eg. 6' l&at, 360 Y&:r&l to & stone ee\ in the ••t line of Section 18, Block .AJ \hence l'lerth .09.6 Yara• ~o the plaoe of 1ttte1ml1JW& &114, Wllli:BEAS• •14 J. A. 11111011 otter• thll laD4 to the Cit)' ot Lubbock for aa4 in cou14eratlon ot the All of su' ~ Jl'fe lluDdJ'ec1 SlzV l)Ollare lt l.&&o.oo) aZI4 acr••• to accept 1n PAtm•' et N14 pu-ohaee price Siz 'lhoUI&D4 BlYe Jlu.Jl4recl 81xtt DOl• lara lta.HO.OO) ot lepll.J' ieaud warrant• ot 'h• CUt ot Lubbock, beariaar lateJ"eat at 'h• rate ot au per oetu (~) per &IUIUII aD4 •turlJic aer1al)¥a &Dd.• WBERIAS, th1t 011:7 eo.mteeion 4 .... 1' a4Tieable &D4 to the \teat illtereet of '\he 01 t7 to aooept a14 otter a lOR, !JIB:IlDORB, D l'l' OlmUDJ) IT 'l'HE Clfr OJ LUBIOCK, 'l'EXASa • < 1. That ea14 offer 'be and Wle .... 11 hv•v acoepte4 &114 the Aid lmd. pvOb&lecl aa 11he p~en,-of the 01t7 ot Lu'b~ook, 'luaa. .. ... - a. 'l'llat saicl. IWI of t&,eeo.oo 11 henlrJ' made u4 4eolancl to be the lawful 4e'bt of ald. Otv ot Lub)oat, Teu.a, aat4. au to be pal4 to M1cl J • .A. Wilaon in 1es&ll7 111'0.84 wa.rraata of aal4 01V• I. '!Mt wana~~.ta of aa14 OU7, to·~. oallecl "Olft OJ WDOCX 'IATBRWOBKS Y.URAJRS, SERlSS 1 OJ' 1916", lhall be 1aaue4 1A the IWI of SS.S 'hOWiud riYe I'Wl4n4 8~7 DOllare (1 6,160.00). 4. !bat eald nrl'&D111 ahall be muabered. t.raa o~~.e (1) 110 twa (?), lllolu- •1Ye, aDd lhall 'be 1A the 4eoa1utloa of One fhouall4 Dollar• (01,000.00) each, ezoapt warru.11 l o. 1 lhall be 1n the diDOIDta&tloa of llYe llun4re4 aut,-Dollar• (1660.00), aacrecatlDI th• na of su ftou.tar~A liTe ~·4 suv Dollar• (ta,eao.oo). 1. !hat tha, tiaall )e 4&1184 »ec•'beJ' 1~h, 1926, am lball mature aal 'be-. . come Clue aa4 ~'ble eerialq aa to110WIJ W.AIBAIT ltDIBBRS. 1 a 3 ' I 6 ? JlA.TUltlft' n&fta. Jrq &Oth, 162, ..,. 20th, 1838, ~20th, 19M, ..,. 20th, 1986, )(q 20th, 1986, -20th, 193?' .. 20th, 1988. AJIOUI'l'S • t &ao.oo tl,ooo.oo tl,ooo.oo tl,ooo.oo 01,000.00 Ol,ooo.oo t l,OOO.OO &. ftat saicl .rnat• shall bear lAter••• at the n.te of atx per oawa (-) per aama hoa 4ate W11111 pa14, pa.ya'ble J1a.r 20\ll, 1927·, aD4 e.U.-a.nnualq there- after oa the 20th dlq ot loY-'81' &D4 the 20th dlrv of ..-ot each rear, wh1oh lD.ter- eat eh&11 be ev14enoe4 1»7 coupou attached to each ot ai4 w.rrante. '1ntereet shall ._.az, lntenet at the rate ot stz per centum (~) per ADDIIUB from maturit7 UR\11 pald. 'f. Prlnolpal &ad. lnter .. t ot aa14 warnm.te lba11 be pa,J'&ble 1n lawful mouq ot the United State• of America QOa pJ'eeetatlon aDC1 ftl'ru4er ot •J'nAtl or proper coupons at the latloul JaDk of Co•eroe, lfw York Cit7, •• York. Sa14 ft!'l'&nts &hall proYide that 1a the nat ot default 1n the 1)&31len.t ot pr1J:lclpal or lntereet, ud the same 11 placed in the hude ot an attorner tor oollectlon, or lt collected b7 eui t or lq lepl prooeecUJt&• of azw kind, an &441t1onal amount ot ta per oa-. (1~) on the prinotpal aD4. interest then due shall be added as attomq•e , .... are oallecl tor re4411lptioa Oil 1&14 4ate notlae \hveot llball ._. &1Y& )7 ~e OU7 Seon- il&l'l' ot ea14 Ctv 11o the boldftl ·bJ' l'Ulloatio.u b. 'l'BB JOID Jut:SR, :pu'll•hK at 67 Peul Street, lfn rork CU.r, B• tort, at l•n ~li*V ,.,., prtor to ~e 4ate ftze4 for n4-'1oa, aD4 11 .... are not pre••tecl tor H4et~~Pt1oa, tM.r •hall o-.e to Mal" lll- teren In• u4 afteJ" the elate 10 lilted tor l'e4-.pttOA. 9. 'l'llat •ald. wal'l'Mtl Mall 'be •ScuA b7 the ~r, OOU1ter•1B.ue4 )¥ ~~ C1t7 SecreW',r aDd. rte1•tere4 'b7 the CUT 'lr' .. ver, aDil the .. 1 ot \he Clt7 ahall 'be lmpre••ecl u,oa each of ea14 wuon.Atl. lao almlle •Scaature• of the Xa.Jor 1114 Ott.r 8eOnkz7 1111q be 11\hocn.phc 'QOil \he tater••' (OO\lpOU. Bo~ -- 10. 'l'he tona ot wU'zoant lball be lu'b•tantl&lll' •• tollowea UII!liD Sf.ATBS Oi' £MDICA HJ!B or tUAS CWift Of WUOClt 01'1'1' OJ LUBJOCIC WA!ER'IORKS WARIWI!, SBRIES 1 Of 1926. t 1,ooo.oo TRJS IS '1'0 CEBTlrt tbat the OU.r of Lu'b'boat, & IRIA1olpal oorporatloa 1IL the oount7 ot JAalb'boot, state ot !a.&~,· 1• Juatl7 1D4elttecl to J. A. •u•on, hie 11111pl or 'be&l'er, 1a \be primcipal 1a11 ot OJfl TIOUSAJm DOLLARS (f l,OOO.OO}, 1A lawt'Ul eo-. of the UAUII4 State• of AIHtrtoa, wtt.tl tnten1\ 'hereon troa date hereof until ll&ld• at the n\e of •lx per centa (1$, per uuma, tnten1t ~a'ble -.r 2~h, 1927, aat •tai-uumallJ' thereafter oa the 2oth 4a.r of loYeuer ua4 the 2~ dAT of ~ ot •ah p&rf pan tlue tD.tereat lb&U b•r 1Dtere1t at •be rate of 11& per oeatua (~) per &IUl1IID troa •turlt7 attl pe.lclf both prtaolpal &114 lDteJ'- e1t pyable at the Ratloal laK ot CRaeroe, .... York 01t7 1 ... Todt1 apoa pHIGta- \loa u4 evND4er ot WU'l'&llt or propel' Qftpoaa all4 the 01 t;r !rea8V91' ot 1&14 Cltt 11 hweb7 authorlaed., or4erecl 8114 tlnotecl to pa:r to eald. 1. A. Wll~~>D, hi• •••tau or bear•, at the ealcl Mat, ~e eal4 na ot ou !hoU&D4 Dollar• 'f l,ooo.oo), on ~ ot the lDile'bted.uaa Ml"elV w1deaoe4, tl"'Ol the "Special wate:rwort• wuraat Pu4. Serle• 1 ot 1916", of aa14 01t7, 1-.t.a, ••••••eel aa4 oreate4 toi that ~rpo••• TO Olft 07 WBJOOJC re•en•• the optloa ot Nd..W. thll waJ"''&&R OD the lotll _,. ot ~~q, 1188, lJT ~bB pr1DD1pal aD4 aoOI'U4 s.a•weet, aDI1 ta caae .... all be called. tor H4-.pt1oa aotloe thereof •hall )e ahe the hol4er lV pabl1oatl01L 1D '1'111 BOD JUDR, piblllhed at &? Pearl Str•-'• lew toa on,, •• Yom, at 1•••• thll'ts '•• prioJ'· to the date 10 tUell tor re4eJII)t1oa, aat .... aball o••• to b•r !atere1t tr• a4 aner aa14 date. 11' IS UlliBT e1peolall7 acreed tat if th1• w.rraat, or _, later .. t ocnapoa ' ... hereto attaobe4, 1• DO' pa14. at matv1t7, u4 \he _.. 1• placed 1n the !aaA4I ot all at1iOJ'U7 tor oollenion aftei' -.n.riv thereof, e ait 11 tiled tll ..... , or oolleotloa M4e 1t7 lep1 pnoeecUJ~gl of...,. kl.a4, all ad41t10D&l a~DG~mt of tea per ce.D• (1~) on ~· priaolp&l ua4 1ntere•t then 4u ab&ll 'be &4414 •• attorMT' 1 fHI. !'SIS \YABBA.IT 1e one ot a ••rle• of ,..,. wul'&llta, DWDberecl coaaeouthel7 tr• oae '1) to • .., .. (7), laolut1Ye, 1A cl•calutlon of oae fh.OUMJil Dollar• ltl,ooo.oo) eaoh, ucept Warrut Bo. 1 1• 1a 4aaela&t1on ot ftye ltaD4I'ecl SWT Dolb.l'a lteao.oo), agreptlJII the na of Siz ThOlli&Dil lin ltu4.recl Si%t7 DOllar1 (t i,&IO.OOJ, l11UA tor the P'U'Po•• of ewlcl-.olrla the 1aCS."bti4Del• ot the Ctv ot Lubbock to ••14 J • .a.. W11ICII&, hl• a.~•l&D• or 'bearer, for laad tor a44111iOD&l water eappq tor the Clv ot tub'boat, puroha•ed. 'by aa14 01 v from ~&14 j. A. Wll•oa, Wllller &D4 "b7 Ylrtue of the CouaUatlOJl u4 1•• ot the State ot ,...,, an4 the OUr Ohanu of \he CS.tr ot Lu\oot, f aae, Ul4 ln purawmoe ot .a orcUnuoe 4\11¥ U1d. lecalq a4optecl 'r 'h• os.v Co.aleeton ot •14 OUr aA4 recol'4e4 in the Mlaut•• of aid C1 v Oa.b•ioa. filE DATI of thil •l'ftllt 1 1a ooatormity wUh 'h• ol'dill&aoe aboYe men~1oae4, 11 :Deo .. •r loth, lt26J u4 1t 11 hve'br Olri1t1ed aD4 noltecl tha'\ all aot•, ooDAltioDI u4 th1JII• requ1n4 to 'be done p1'eol4ent to &D4 1a \he 181'\Wloe of th!a warnat aa4 the •v1ee of which lt 11 a pan, ta. o1"cler to .a th• lepl, Y&l14 aDcl "bizi41Jis o"bl1pt1ou of ••14 C1tJ'1 haYe 'ben doae aDCl petoaed an4 U.Ye llappeae4 1Jl r._ular an:1 due time, tom a:a4 mamer, a1 requ1rl4 bT lawa that the talth aD4 oreclU, u4 all of \he re1ourcee of •at4 otv, are here)¥ lrnYoaabl¥ pledae4 tor the prcapt ~nt ot the principal &114 1a,ereet of the•• W&l'J"aalta at ~~aivltTa that due pl'OY111on hae been made tor lWTiDC and colleat1DB &IID\I&lq b,r tua.t1on &D. uaount autfloleJn to w the !D'ereat oa thea• -~· •• 1t fall• due, an4 to proYlde a e1At1DC tua4 tor the tlD&l recl.uptloll ot ptheJ' with all other 1114e'bte4Jl•• ot aiel ctv, S.. within fl'tef'T debt aa4 othu 1111111 pre1or1bec1 b.r the cou,111v.t1oa &114 l&wa of ~e SU.te ot feD•, aDS. b;r ~he Cl tr Claaner ot alA attT• 11 Wl!IISS 'llmBBOI, the C1V Coai•alon of the CUT ot Lubbodt 11 !aae, ba1 oaue4 the .... 1 ot M14 01 v to be urno aftbecl 184 th1e warJ'Ul11 to ~. atpect lV' the MII10r aa1 ocnmteraScned )1 'h• OU7 8eorev.r,, u ot the elate la•t alaove wrUte. btv seorear;r, oiv 'ot X.u'Nck, 'lazae. Jo. --- liij'Or 1 61\.r ot Lub\OOt, feua • IUi»ISitBUD, thb the--4lf' ot ______ , 192_. flo.oo OB THE &0'1'1 DA'f O.i' -----• l.fl __ , \he Cltir at Lu'bbock, T-.a, here)¥ prGilaea to p.,-to J. ~. W1laoa, hil aa•tcD• or 'bMZe.r, at the lat1oD&l Ia* of COBleroe, •• York Ottr, Bw !OI'k, the ._ of 'l'llll"V :Dollare ttzo.oo), 1&14 nm 'beiiiC liz IIOil'hl' latena' due 11ha11 ct.., on Olft Or LUDOCI W.l!lmiORKS I'AP.IAH, SJBI.ES 1 01' 1111, 10. __ _., 4a11ed. Dec•er loth, 1926, to which tlll.l ooapon 11 a'11aahe4 an1 11 a ~ 11horeot. 1:ttv seoreia17. iiiioi. !he tollowi.Dc ua~111 ahall 'be pJ'iJnecl em the 'baok or ea14 w.naute. ABSIGIDir. I h.ere'b.r oenif7 '\bat 1 have reoe1ved the wUhin priBDSpal •rrmt, aD4 the lntereat oou.paJ&e ~ereto au.tate4, rrom 11he 01v ot Lubbock, !eae, &ad, for value .reoelved, hereb¥ tranefer, ueip, ••11 &114. deliver, wUhou~ recoune, to w. J.. u.rrt.s, all rtpt, t Ul.e &114 latereet I haYe t.n and to ~· ..... , and alao the propori10D&11e pa.rt of "he 4abt due -. with late:reat thereon, 'b.r •14 cur. which 11 rep.reeea:tecl ...., the amount oalle4 tor 'bT th1a pr!Dclpal warn.ld md the amaecl oouponaa aa4 a14 w. A. J47r1ok la here-., aubrosate4 to all olaSiu, 11••• rlcht or title, whethel' in law or ill equtv, wh1oh are or _,. be eeouncl to me, ud. I hereb;y au~oriae hlm to oolleot / .. .. ..... • c_.,.l -- 1 b..-, aaas.D. 1ell all4 d.e11Yv, ritbi:N.' l*lftl'te, to lt-.rer, all ricbt, tltle ea\ 111tu•at I ••• 111 u4 to tb.e &laoYe ...,.tloAIIl -.naa' 8114 Allll•lll oaapoaa .. 11.. 8&14 Dr.raate a.ball l»e e&eCMte4 &n4 UlbU'ell to •14 J • A• WS.liiOil lap)D UU.¥117 lV b.Sa to the Cit¥ Of JI'OJQ a'batlaot aa4 4ee4 of 1&14 1aa4 to the Cly of~-'*· 12. lT 18 rtrl1rH118 OnJ)Jl&D Jf '1'JW 01!'1' Of LUB!Oat, !IXAS, tiaat a apealal tud., to be clellsMted "SP!OlAL WAHH\VOBICS WARltllJ'l' UD, SJmlKS 1 OJ 1126.-• aball be o.-•'14 .u:a4 the pi'OGHU boa all tazel 1•Se41 &IOHM4 M4 colleotlld. tor 01' Oil aooou• ot tAll ••1•• ol ~nm• •a.ll 'be CH41te4 to aa14 tu4 tor the pupoae ot »•las the J.aterett em &114 pl'OY141Q& tile DMHI&I'T a111t1JW IWI4 tor ~· ncl.aptloa ot ea14. ..nanta ~• •tvtv, &114 8al4 fUD4 lball be ue<L tor DO o•h•r P'U110MJ tut to create aa14 fwa4 to P¥ the lii,Welt 011 aa14 ai'I'&Atl aal ol'e&te a alakiiiS ftln4 nt• tSol.-\o 1'14•• t~ at •turi'¥, • tax ot an4 at the zate ot one halt oct (i;) • Mob. t loo.oo Y&luatlaa ot all tu.Qle propeft¥ 1D aa14 os.v. lball 'be --.ur lnled oa •14 J'J'OPIII"V amt ammaU.r &IMIM4 Mill oo11eotl4, or ao sob Uaenot aa •-11 lte ..... 1&17. OJ" 1n a44Uiloa tbeno aa ~ ll• J'equ1ncl, atll •al4 ari'Ut• w1tb blt.,.. ••t tbeNCIIl ••• bee tullT pal4t all4 tM aald tu ot OM Jlalf o•t (t¢) 11 hen .., lnled tor tlu aw-red ~~ aD4 10 IIIIGh Vlenot ae lhaU lae 1110111&171 or in a441t1oa tbetne u -., 'be l'equlnd, 11 he.r• .., 1..,114 tor eaob noOM&llll.l ,.,. whlle aa1d. .,...,, Ol' aqr ot til• are •'•tud.SI'I, aa4 t.he .... lball M Allla1&ll;r aa••••c u4 oolleotl4 &D4 applied to \he Pl~"PD" Da~Ded. 13. the tac' that lt 11 ot Y1tal Sn\enet to ~he tutur• •ter aupp'-' ot the OS. \'r ot L8b0ak to HOVe ao a44J.t1ou.l eou.ro• ot •»»17 at ~ta tiM• oreatea an · ~rsencr Md an Jaaec1Sat1 &ll4 1apeJ~&t1•• aec•••lv that. \he l"Ule nqulriaw ozdllwlcea to lHt r.-4 at more \ball OM mee\1ag of 'he 01 v C..t•a1011 lHt ~uap•484, u4 •l4 1'\lle 11 ....... peude4, an4 thS.e or4lnaDO• lh&ll ... err• au4 lte 1A force boll aa4 &ftft' Ua paaoage &a4 apprGYal. PAS:JED, \h1a the I I ~ ".. 411' of Dec.ber, A. n. 1116 • .AP~V.ID, thl• the -· ~ , ,J. 01•' Seore'&l'l', tOU'!' SEAL) 01\f of L\ll)book, Teae. I