HomeMy WebLinkAboutOrdinance - 1401-1953 - Authorizing An Issuance Of $200,000 Street Improvement Bond - 05/26/1953' .
AN ORDINANCE RATIFYING, CONFIRMING AND APPROVING
AN ORDINANCE AUTHORIZING TSSUANCE OF $200,000
"CITY OF LUBBOCK, TEXAS, STREET IMPROVEMENT
BONDS, SERIES 195311
, DATED JUNE 1, 1953
THE STAOFTE OF TEXAS I
CITY LUBBOCK
COUNTY OF LUBBOCK
ON THIS, the ).bfta.. day of tl\~ , 1953, the City
Commission of the City of Lubbock, Texas, convened in$f!ee...1e.Q._
session, at the regular meeting place thereof in the City Hall,
with all members thereof present, to-wit:
MURRELL R. TRIPP, MAYOR, Presiding;
HARRY MORRIS HURLEY CARPENTER l
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 ru~ presented for the consider-
ation 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 $200,000 "crry OF LUBBOCK, TEXAS, STREET IMPROVEMENT
BONDS, SERIES 1953", dated June 1, 1953.
The ordinance was read in full by the City Secretary.
Thereupon, Commissioner ~~~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 pro-
.. ./
posed ordinance~ that the same be declared an emergency measure.
This motion was duly seconded by Commissioner 1\\o ~
The motion carried by the following vote:
AYES: Mayor Tripp and Commissioners Carpenter~
Morris, Thomas and Davis.
NOES: None.
•
Thereupon, Commissioner :I""'"'\M...¢.1.< moved that the
ordinance as read in full by the City Secretary be finally
passed and adopted by the Commission. This motion was
seconded by Commissioner b~ v l~ ~ and ~he motion~ carrying
with it the final passage and adoption of the ordinance, was
unanimously carried by the following vote:
AYES: Mayor Tripp and Commissioners Cmpenter,
Morris, Thomas and Davis.
NOES: None.
Thereupon, the Mayor announced that the ordinance had
been final.ly passed and adopted by unanimous vote of the Com-
mission, in accordance with the requirements of Sections 15, 16
and 17, of Article IX of the Lubbock Charter; and the Mayor
thereupon signed and approved the ordinance in the presence of
the Commission.
The ORDINANCE is as follows:
NO. l 't-ot
"AN 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 24, 1953, authorizing the
issuance of $600,000 'CITY OF LUBBOCK~ TEXAS,
STREET IMPROVEMENT BONDS, SERIES 1953', dated
June 1, 1953; enacting provisiQns incident and
relating to the subject 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,
authorizing the issuance of "CITY OF LUBBOOK, TEXAS, STREET
IMPROVEMENT BONDS, SERIES 195311 , dated June 1, 1953, in the
principal sum of $200,000, which ordinance is duly recorded
in Book 11, page lt9 V et se(b, of the Minutes of said City
Commission, said ordinance being
NO.. 1381
,.AN ORDINANCE by the City Commission of the City
of Lubbock, Texas, authorizing the issuance
of bonds for the principal sum of $200,000,
for the purpose of making permanent public
improvements, to-wit;-. constructing street
improvements in and for said City; prescrib-
ing 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; enacting the provisions incident
and relating to the purpose and subject of this
ordinance; and declaring an emergency."
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 introduced."; 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 1 it is FOUND 1 DETERMINED AND ADJUDGED that it
is necessary and to the best interest of the City to provide
funds for the purpose of constructing street improvements in
and for said City at the earliest possible date, for the 1mme-
diate preservation 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 City 'of Lubbock, Texas, authorizing the issuance of
$200,000 "CITY OF LUBBOCK, TEXAS, STREET IMPROVEMENT BONDS,
SERIES 1953", dated June 1, 1953, 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 thet fact
that it is to the best interest of the City to provide funds
tor the purpose of cnnstructing street improvements in and for
said City, 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 public 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 imme-
diately after and from its passgge.
1953.· PASSED AND APPROVED, this the 1&~ day of 'M~ar ,
ATTEST:
of Lubbock,
(City seal)
CERTIFICATE OF CITY SECRETARY
THE STATE OF TEXAS I
CITY OF LUBBOCK
COUNTY OF LUBBOOK
I, the undersigned, City Sedretary 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 $200,000 "CITY OF LUBBOCK, TEXAS,
STREET IMPROVEMENT 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 )rbf\. day of
' ~~ 1953, said ordinance being of record in Book _LL_,
page ~~~ et seq., of the Minutes of the said City Commission.
IN WITNESS WHEREOF, I have hereunto signed my name
officially and affixed the seal of said City, this the 1-b-tk.
day of M~--, 1953• (\
of Lubbock,
{City seal)