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HomeMy WebLinkAboutOrdinance - 811-1947 - Creating A Public Library - 04/24/1947-- STATE OF TEXAS COUNTY OF LUBBCX:K CITY OF L IlBBQ: K ORDI N~T CE NO. 811 0'+-2.L+-1 S>Lf--=t- 04--::zs-1.9lfl BE IT RE 'JlEMBERED that on this the .U..th da;r of April, A.D., 1947, the City Commission of the City of Lubbock, Texas conven~d in Regular Session at the regular meeting place thereof in the City Hall Building in the City of Lubbock, Texas, with the following members present, viz: C. A. Bestwick, IV. B. Price, Mayor an::l Presiding Officer Commissioner J. Ray Dickey, Commissioner John Spikes, Commissioner .Lavenia Willia~s, City Secretary with Commissioner F. H. Childress , absent because or illness, said members cor.stituting a quorum of the Governing Body of the City of Lubbock under Section 15, Article 9, Chapter 1, of the Charter of the City of Lubbock, whereupon the following, among other business was transacted: Commissioner W. B. Price _ presented for the consideration of the Commission an ordinance which was read in full by the Secretary. Commissioner J. Ray Dickey made a motion that the Ordinance pro- viding far an election to determine whether ar" not bonds of s a id City shall be issued in the aggregate sum of $500,ooo.oo, be paased on first reading. The motion was seconded by Commissioner John Spikes , and prevailed by the foll9'fing vote: AYES: Commissioners W. B. Price, J. Ray Dickey, John Spikes and t~yor­ Comm i ssioner C. A. 9estwick. NOEs: None Commissioner ____ w~·~B~·~P~r~i~cMe ______ __ moved that a Special ar" Called Session ""·-,_ ...... .. . ' r· • I ORDnlANCE NO. 811 AN .ORDINANCE BY THE CITY COMMISSI{)~ OF THE CITY OF LUB BOOK, TEUS DETEaML'i- ING THE NECESSITY FOR T:HE ERECTION, CONSTRUCTION, EQUIFPmG AND MAINTAINING A CERTAIN PUBLIC BU.ll.DING TO BE SITUATED IN THE CITY OF LUBBOCK, LtJBBOOK COUNTY, TEXAS, AND TO BE ~ED FOR THE PURPOSE OF AND CONSTITTJriNG A PUBLIC LIBRARY; DETERMINii~G THE ADVISABILITY OF SUBMITTTI'lG TO THE PR.CIP"J!:RTY TAXPAYING VDrERS OF SAID CITY, WHO O}v.N TAXABLE PROPERTY l'liTHIN SAID em AND WHO HAVE DULY RENDER- ED THE SA!dE FOR TAXATION, PROPOSITIONS RELATING TO T:HE ISSUANCE OF THE NEGO- TIABLE INTEREST BEARL~G COUPON BONDS m--SAID CITY TO FINANCE SUCH IMPROVEMENT AND CONSTROOTION; PROVIDING FOR AN ELECTI01'4 UPON THE QUESTION CF AUTHORIZING AN AGHEGATE AMOUNT OF $500,000.00 OF THE BONDS OF SAID CITY FOR SOOH PURPOSES; PRESCRIBING THE PLACE AND TIME OF HOLDING SAID ELECTIOl~, THE QUALIFICATION OF VorERS, THE PURPOSES OF THE BONDS, THE AMOUNI'S Trm:REOF, T:HE INTEREST RATE THEREON AND SUBMITTL~G THE PROPOSITION OF THE LEVY, ASSESSMENT AND CQLLECTION OF AD VALOREM TAXES ~lWALLY, WHlLE SAID BONDS OR ANY OF THEM ARE OTJrSTANDING, TO PJ:i THE MEREST ON AND PROVIDE A SrnKING FUND Fffi THE REDEMPTION OF SAID BONDS AS'1:HE SAME MATURES AND ACCRUES; PRESCRIBrnG THE MATURITY OF SAID BONDS, T:HE ~MiNER OF HOLDrnG SUCH ELECTION, DIDLARING AN E?.iERGENCY, AND SETTING SPEX:;IAL MEETING DATE FOR SIDOND READING. WHEREAS, the City Commission of the City of Lubbock affirmatively finds that it is advisable and to the best interest of said City that certain improve- ments, additions and enlargements be made for the purpose of erecting, can- structing, equipping and maintaining a public library building in accordance \ with the recommendations, esti~tes, suggestions a~ requests heretofore con- sidered by this Commission and the Lubbock Public Library Association and hundreds of interested citizens of said City; and, WHEREAS, it is deemed advisable and necessary that the negotiable interest bearing coupon bonds of said City should be issued for the purpose of financ- ing the cost of such improvement, erection, construction and equipping such public buildings, and that it is necessary and expedient that.an election ' - within the City of Lubbock for the redemption of said bonds at maturity and for paying the interest thereon as it "&.c'CWes. NOW THEREFORE, be it ordained by the City Commission of the City of Lubbock, Texas: I. That an election be held within and throughout the boundarie s of the City of Lubbock, Texas on the fourth Saturday in May, the same being the 24th dey of May, 1947, such d ate being not less than 15 days ncr more than thirty days from the date of this a.rdinance, at which time there shall be submitted to the resident qualified property taxpaying voters of Lubbock, Texas, who own property subject to taxation within said City and who ha ve duly rendered the same far taxation, the fallowing specific propositional PROPOSITION Shall the City Commission of the City of Lubbock be authorized to issue the negotiable interest bearing coupon bonds of s aid City to the amount of ~500,000.00 bearing interest at a rate not exceeding three and one-half percent (3-1/z%), per annum from date and maturing at such time a.r times as ~ be deemed most expedient by the City Commission serially not later than twenty-five (25) years from their date, f ar the purpose of erecting, constructing, equipping and maintaining a public l ibrary buil ding in the City of Lubbock; and shall there be annually levied, assessed and collected, while said bonds cr any of them are outstanding, an ad valorem tax upon all taxable property within said City sufficient in amount to pay the annual interest on said bond s and to pro- vide a sinking fund to pay the principal thereof as the same matures. II. Said election shall be held under the provisions of and in strict confor- mity w~th the Constitution and laws of the State of Texas, including Chapter I, Title 22, Revised Civil Statutes of the State of Texas, and the provisions of the Charter of the City of Lubbock, and all acts amendatcry, complementary and ... ,, ,. ' '• PROPQSITION For the issuance of the library building bonds and the levying of taxes in payment thereof. Against the issuance of the library building bonds and the levying of taxes in payment thereof. III(a) Each voter shall mark out with black ink or pencil one of the foregoing . expressions, thus leaving the other as indicating his vote on the proposition. That said election shall be held at two places to witt At the Central Fire Station Building at the corner of loth Street and Avenue "J", which shall be designated Box No.1; and at _ the Senior High School Building on 19th Street between Avenues 11 Tt1 and rqpr, wh'ich is hereby designated as Box No. 2, in the City of Lubbock, Texas, and the presiding judge and cler~s of said election shall be as fallows, viz : Box No. ~at the Central Fire Station Building: Glenn Hess, .Presiding Judge R. Bush Smith, Clerk W. E. Ballew , Clerk J. L. I~fee , Clerk Knax Thomas , Clerk and the presiding judge and clerks of Box No. 2, at the Lubbock Senior High School Building, shall be: H. D. Woods, Presiding Judge George Foster, Clerk J. C. Royalty, Clerk Mrs. Geo. Berry, Clerk Mrs. Frank Maddox, Clerk .. ~ · .. <• The Mayor and City Secretary shall cause such notices to be prepared and posted and published and shall make due returns thereof to this Commission. VI Immediately after said election has been held, the officera ·holding the same shall make returns of the result thereof to the City Secretary of the City of Lubbock, far canvassing by the City Commission and shall re- turn the ballot boxes to the City Secretary for safe keeping. The manner of holding such election and canvassing and making returns thereof shall be governed by the general election laws of the State of Texas, when not in conflict with the provisions of the hereinabove men~ tioned statutes, and the City Commission will furnish the necessary ballots and other election supplies re~uisite for said election. VII That it being affirmatively found by the City Commission of the City of Lubbock, that there is wide public demand and urgent need to proceed vdth the matter of providing for the construction, equipping and maintenance of a public library building within said City in order to make the same convenient far the public at large and to preserve, pro- mote and protect the public welfare of the citizens of Lubbock, creates requiring sus~ension of the rules, and an emergency and public necessity,/demanding that a special meeting be held on the _ _.2,..5.._t .... h...._ __ day of April, 1947, for a second reading of this ordinance which shall take effect and be in force immediately on said date of its second reading, passage and adoption. rr IS SD mDEREDs Passed, approved and adopted on first reading by unanimous vote of the City Conmission this the 24th day of April, 1947. Passed, approved and adopted on second reading by unanimous vote of the City Co~ission this 25th day of April, 1947. /1 • A