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HomeMy WebLinkAboutOrdinance - 1402-1953 - Authorizing An Issuance $100,000 Street Lighting Bond. - 05/26/1953·. \ ........ ......,_.. 05-0>Lo-1.9S3 Ordiaance No. 1402 AN ORDINANCE RATIFYING, CONFIRMING AND APPROVING AN ORDINANCE AUTHORIZING ISSUANCE OF $100,000 "CITY OF LUBBOCK, TEXAS, STREET LIGHTING BONDS, SERIES 1953-B", DATED JUNE .l, 1953 THE STATE OF TEXAS I CITY OF LUBBOCK COUNTY OF LUBBOCK ON THIS, the 26th day of Ma1' · , 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, MAYOR, Presiding; HURLEY CARPENTER l HARRY MORRIS LUCIAN THOMAS COMMISSIONERS, L. E. DAVIS and MRS. LAVENIA LOWE, CITY SECRETARY, also being present; constituting a quorum, at which time the following, among other businem, was transacted, to-wit: Commissioner ___ Th __ orna __ s ____ 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 $100,000 "CITY OF LUBBOCK, TEXAS, STREET LIGHTING BONDS, SERIES 1953-B", dated June 1, 1953. The ordinance was read in full by the City Secretary. Thereupon, Commissioner Cary enter 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 ___ M=o~rwxa~·.§ __ __ The motion carried by the following vote: AYES: Mayor Tripp and Commissioners Carpenter, Morris, Thomas and Davis. NOES: None. Thereupon, Commissioner Thomas 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 ____ D_a_V-L_·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 Commission, 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: uAN 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, author-izing the issuance of $100,000 'CITY OF LUBBOCK, .TEXAS, . STREET LIGHTING BONDS, SERIES 1953-B'', dated June 1, 1953; enacting provisions incident and relating to the subject and purpose of this ordinance; and declaring an emergency." '· 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 LUBBOCK, TEXAS, STREET LIGHTING BONDS, SERIES 1953-B", dated June 1, 1953, in the principal sum of $100,000, which ordinance is duly recorded in Book 11, page 493 et seq., of the Minutes of said City Commissioner, said ordinance being NO. 1382 "AN ORDINANCE by the City Commission of the City of Lubbock, Texas, authorizing the issuance of bonds for the principal sum of $100,000, for the purpose of making permanent public improvements, to-wit: constructing, install- ing, 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 redemp- tion 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.11 AND WHEREAS, Section 16 of Article IX of the Charter of the City of Lubbock, Texas, provides 11No 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, it is FOUND, DETERMINED AND ADJUDGED that it is necessary and to the best interest of the City to provide funds for the purpose of constructing, installing, extending and improving the City's Street Lighting System at the earliest possible date, for the immediate preservation of the public I peace, property~ health and safety of the citizesn 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 $100,000 11CITY OF LUBBOCK, TEXAS, STREET LIGHTING BONDS, SERIES 1953-B'.' ~ 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 tha fact that it is to the best interest of the City to provide funds for the purpose of constructing, installing, extending, and improving the City's 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 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 e~tect and be in force immediately after and from its passage. PASSED AND APPROVED, this the 26th day of May 1953. ATTEST: of Lubbock, (City Seal) CERTIFICATE OF CITY SECRETARY THE STATE OF TEXAS I CITY OF LUBBOOK CotJNTY OF LUBBOCK I, the undersigned, City Secretary of the City of Lubbock, Lubbock County, Texas, DO HEREBY CERTIFY that -che 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 $100,000 "CITY OF LUBBOCK, TEXAS, STREET LIGHTING BONDS, SERIES 1953-Bn, 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 __ Ma~y ___ , 1953, said ordinance being of record in Book 11 page 535 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 26th day of May , 1953. {City Seal) City Secretary, City of Lubbock, Texas