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HomeMy WebLinkAboutOrdinance - 1399-1953 - Issuance Of $113,000 Street Lighting Bond - 05/26/195305 -~ll:>:... 1..9 5.3 Ordinance No. 1.399 AN ORDINANCE RATIFYING, CONFIRMING AND APPROVING AN ORDINANCE AUTHORIZING ISSUANCE OF $113,000 "CITY OF LUBBOCK, TEXAS, STREET LIGHTING BDNDS .. SERIES 1953 II .. DATED JUNE 1, 1953 THE STATEOF OF TEXAS I CITY LUBBOCK COUNTY OF LUBBOCK ON THIS, the 26th day of -=Maz;;a.__, 1953, the City Commission of the City of Lubbock, Texas, convened in special session, at the regular meeting place thereof in the City Hall, with all members thereof present, to-wit: MURRELL R. TRIPP, MAY~, Presiding; HURLEY CAR FENTER l HARRY MORRIS LUCIAN THOMAS COMMISSIONERS, L .. E. DAVIS and MRS • LA VENIA LOWE, CITY SECRETARY, also being present; constituting a quorum, at which time the following, among other business, was transacted, to-wit: Commissioner _____ Th_o_ma __ s ___ presented for the consider&- tion of the City Commission an ordinance ratifying, confirming and approving an ordinance duly passed and adopted by the City Commission of said City on April 24, 1953, authorizing the issuance of $113,000 "CITY OF LUBBOCK, TEXAS, STREET LIGHTING BONDS, SERIES 1953", dated June 1, 1953 (being the second and final .parcel or installment of a total voted authorization of $188,000 bonds). The ordinance was read in full by the City Secretary. Thereupon, Commissioner Carpenter moved that the rule requiring that no ordinance shall be passed on the day on which it is introduced be suspended, and that in view of the .. .~ . ·.· emergency set forth and defined in the preamble to the proposed ordinance, that the same be declared an emergency measure. This motion was duly seconded by Commissioner __ ~_fu_r_ri_s __ _ The mo- tion carried by the following vote: AYES: Mayor Tripp and Commissioners Carpenter, Morris, Thomas and Davis. I NOES: None. Thereupon, Co~issioner Thomas moved that the ordinance as read in full by the City Secretary be finally passed and adopted b~ the Commission. This motion was seconded by Commissioner ___ D~a~V1~·~s ___ , and the motion, carrying with it the final passage and adoption of the ordinance, was unanimously carried by the following vote: AYES: Mayor Tripp and Commissioners Carpenter, · Morris, Thomas and Davis. NOES: None. Thereupon, the Mayor announced that the ordinance had been finally passed and adopted by unanimous vote of the Commi&- sion, in accordance with the requirements of Sections 15, 16 and 17, of Article IX of t~e ~rLqhbock Charter; and the Mayor thereupon signed and approved the ordinance in the presence of the Conunission. The ORDINANCE is as follows: NO. l399 11AN ORDINANCE by the City Commission of the City of Lubbock, Texas, ratifying, confirming and approving an ordinance duly passed and adopted as an emergency measure by the City Commission of said City on April 2'4, 1953, authorizing the issuance of $113,000 iCITY OF LUBBOCK, TEXAS, STREET LIGHTING BONDS; SERIES 1953r , dated June 1, 1953 (being the second and final parcel or installment of a total VQted authorization of $188,000 bonds); enacting provisions inci- dent and relating to Jthe-.1 subtlect and purpose of this ordinance; and 'declaring an emergency.11 WHEREAS, heretofore, to-wit: on the 24th day of April, 1953, the City Commission of the City of Lubbock, Texas, duly passed and adopted an ordinance as an emergency measure, author- izing the issuance of "CITY OF LUBBOOK, TEXAS, STREET LIGHTING BONDS, SERIJS 195311 , dated June 1, 1953, in the principal sum of $113,000 (being the second and final parcel or installment of a total voted authorization of $188,000 bonds), which ordi-· nance is duly recorded in Book 11, page 490 et seq., .or the Minutes of said City Commission, said ordinance being NO. 1379 "AN ORDINANCE by the City Commission of the City of Lubbock, Texas, authorizing the issuance of bonds in •the principal sum of $113,000 (being the second and final parcel or in- stallment of a total voted authorization of $188,000), tor the purpose of making perma- nent public improvements, to-wit: construct- ing, installing, extending and improving the City's Street Lighting System; prescribing the form of the bonds and the form of interest coupons; levying a continuing direct annual ad valorem tax on all taxable property within the limits of said City to pay the interest on said bonds and to create a sinking fund for the redemption thereof; and providing for the assessment and collection of such taxes; en- acting the provisions incident and relating to the purpose and subject of this ordinance; and declaring an emergency. 11 AND WHEREAS, Section 16 of Article IX of the Charter of the City of Lubbock, Texas, provides "No ordinance, unless it shall be declared to be an emergency measure, and passed by a unanimous vote of the Commission, shall be passed on the day on which it shall be 1ntroduced.11 i and WHEREAS, one member of the City Commission being absent on April 24, 1953, this City Commission now deems it necessary and proper to ratify, confirm and approve said ordinance passed on April 24, 1953; and WHEREAS, IT IS FOUND, DETERMINED AND ADJUDGED that it is necessary and to the best interest of the City to con- struct, install,eKtiend and improve the City's Street Lighting System at the earliest possible date, for the immediate pre- servation of the public peace, property, health and safety of the citizens of the City of Lubbock, Texas, and that by virtue thereof this ordinance should be passed and adopted as an emergency measure; therefore, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK: SECTION 1: That the ordinance by the City Commission of the Ctty or ~ubbock, Texas, authorizing the issuance of $113,000 "CITY OF LUBBOCK, TEXAS, STREET LIGHTING BONDS, SERIES 1953", dated June 1, 1953 (being the second and final parcel or installment of a total voted authorization of $188,000 bonds), be, and the same is hereby RATIFIED, CONFIRMED AND APPROVED. SECTION 2: BE IT FURTHER ORDAINED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK: The public importance of this measure, and the fact that it is to the best interest of the City to provide funds for the purpose of construc~ing, installing, extending and improving the City1s Street Lighting System at the earliest possible date, for the immediate preservation of the public peace, property, health and safety of the citizens of the City of Lubbock, constitute and create an emergency and an urgent publiQ necessity requiring that this ordinance be passed and take effect as an emergency measure, and that this ordinance is accordingly passed as an emergency measure and shall take effect and be in force immediately after and from ita passage. PASSED AND APPROVED, this the 26th day of __ Ma,y ___ , 1953. ATTEST: of Lubbock, {City Seal) ..... CERTIFICATE OF CITY SECRETARY THE STAOFTE OF TEXAS I CITY LUBBOCK COUNTY OF LUBBOCK I, the undersigned, City Secretary of the City of Lubbock, Lubbock. County, Texas, DO HEREBY CERTIFY that the foregoing is a true and correct copy of an ordinance ratifying, confirming and approving an ordinance duly passed and adopted by the City Commission of said City on April 24, 1953, authorizing the issuance of $113,000 11CITY OF LUBBOCK, TEXAS, STREET LIGHTING BONDS, SERIES 195311 , dated June 1, 1953 (and Minutes pertaining to its adoption), passed and adopted by the City Commission of said City on the 26th day of MAx , 1953, said ordinance being of record in Book _g._, page 522 et seq., of the Minutes of said City Commission. IN WITNESS WHEREOF, I have hereunto signed my name officially and affixed the seal of said City, this the 26th day of _...May ____ , 1953. , City of LUBBOCK, (City ~eal)