Loading...
HomeMy WebLinkAboutOrdinance - 5854-1970 - $3,105,000, City Of Lubbock, TX, General Obligation Bonds, Series 1970 - 03/26/1970MINUTES PERTAINING TO PASSAGE OF ORDINANCE . AUTHORIZING THE ISSUANCE OF $3,105,000 "CITY OF LUBBOCK. TEXAS, GENERAL OBLIGATION BONDS, SERIES 19701 11 DATED APRIL 15 1 1970 THE STATE OF TEXAS COUNTY OF LUBBOCK CITY OF LUBBOCK I I I l j I ' ON THIS, the~ day of March, 1970, the City Council of the City of Lubbock, Texas, convened in regular session at the regular meeting place thereof in the City Hall, the meeting being open to the public and notice of said meeting, giving -the date, place and subject thereof, having been posted as prescribed by Article --------tt--6252:-17, Section 3A, V.A.T.C.s.:~-with the following members pre- sent and in attendance, to wit: . W. D. ROGERS, JR.· MAYOR JAJ.'1ES H. GRANBERRY, D. D.S. .LONNIE F. liOLLINGSWORTH ) ) ) MAYOR PRO TEM DEATON RIGSBY l COUNCILMEN . MORRIS W. TURNER and LAVENIA LOWE CITY SECRETARY CITY MANAGER and . W. R. BLACKWELL also being present; and with the following absent: Lonnie F. Hollingsworth , constituting a quorum; at .which time the fol.lowing, among other business was transacted, to wit: Councilman -~---l~_slJ_Y ______ introduced the ·following ordinance: ORDINANCE NO. "AN ORDINANCE by the City Council of the City of Lubbock, Texas, authorizing the issuance of $3,105,000 'CITY OF LUBBOCK, TEXAS, GENERAL OBLIGATION BONDS, SERIES 1970,' dated April.15, _1970, for the purpose of making permanent public improvements, to wit: $1,420,000 for constructing improvements and extensions to the City's Sanitary Sewer System; $105,000 for constructing street improvements in and for said City, including the acquisition of necessary right-of-way for express- ways and other streets; $1,425,000 for constructing, enlarging, extending and installing storm sewers, drains, and gutter·s, and other improvements inci- dental thereto, including acquisition of land for drainage purposes and drainage area modifications -----·--.. ________ ---- ., ' ; ': for mosquito control; and $155,000 for constructing, improving and equipping fire station buildings and the purchase of necessary sites therefor in and for said City; prescribing the form of the bonds and the form of the 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 provisions inci- dent and relating to the subject and purpose of this ordinance; and providing an effiective date." ?:~he ordinance was read in full, and thereupon, Councilman li~lBY made a motion that the ordinance be passed on first reading. Th~ motion was seconded by Councilman __ _ fe4.At« _ an~ carried by the following vote: YEAS: Mayor Rogers and Councilmen Granberry, Ue lliaga111ereh, Rigs by and Turner. NAYS: None. The Mayor then announced that .the ordinance was passed on first r _eading. j MINUTES APPROVED, this the 26th day of March, 1970. • A'ITEST: City eci-etary, ciyo£ Lubbpck, Texas I i I· (City Seal) I I 1, l\ ORDINANCE NO. AN ORDINANCE by the City Council of the City of Lubbock, Texas, calling a bond election to be held within said City for the authorization of general obligation bonds, making provision for the conduct of the election and other pro- visions incident and related to the purpose of this ordinance; and providing an effective date. WHEREAS, the City Council of the City of Lubbock, Texas, deems it necessary, ·advisable and to the best interest of the City and its inhabitants that the bonds of said City be issued for the purpose hereinafter stated; and has determined to submit the proposition for the authorization of such bonds to an elec- tion as hereinafter set out; and, WHEREAS, the City Council has found and hereby declares there is an urgent public necessity for the acquisition and construction of the improvements to be provided with the pro- ceeds of said bonds 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, and that by virtue thereof, this ordinance shall be passed, adopted and made effective at the earliest_ possible date; therefore, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: SECTION 1: That an election be held on the 21st day of April, 1970, which date is not less than fifteen (15) nor more than thirty (30) days from the date of the adoption hereof, at which election the following proposition shall be submitted: "SHALL the City Council of the City of Lubbock,· ~--~Texas, be authorized to i:ssue FOURTEEN MILLION DOLLARS · ·($14,000,000) general obligation bonds of said City for the purpose of making permanent public improvements, t9 wit: planning, acquiring, establishing, developing, and constructing an airport and air navigation facili- ties and the site therefor, including buildings and other facilities incidental to the operation thereof, and the acquisition or elimination of airport hazards; said bonds to mature serially over a period of years not to exceed FORTY (40) years from their date, to be issued and sold at any price or prices and to bear in- terest at any rate·or rates as shall be determined within the discretion of the City-Council at the time of issuance; and to provide for the payment of ·principal of and interest on said bonds by levying a tax suffi• cient to pay the annual· interest and to create a sinking fund sufficient to redeem said bonds as they become due?" I l l SECTION 2: That the official ballots for said election shall be prepared in accordance with the V.A.T.S. Election Code so as to -----tt-permit the electors to vote "FOR" or "AGAINST" the aforesaid propo- sition which shall be set forth in substantially the following form: PRECINCT "THE ISSUANCE OF $14,000,000 AIRPORT BONDS AND THE LEVYING OF THE TAX IN PAYMENT THEREOF" The word "FOR" and beneath it the word "AGAINST" shall be made to appear on the left of the proposition. A square shall be printed on the left of ~ach of the words "FOR" and "AGAINST", and each elector.shall place an "X" in the square beside the statement indicating the way he wishes to vote. SECTION 3: That the polling places and officers of said election shall be as ·follows, to wit: ALTERNATE NlMBER POLLING PLACE PRESIDING JUDGE PRESIDING JUDGE 1 Wolffarth Elementary 3203 Erskine 2 Arnett Elementary 700 E. Queens 3 McWhorter Elementary 2711 1st Street 4 5 6 7 8 9 10 11 12 Jackson Elementary , 207 Vernon Central Fire Station 1100 6th Street Alderson Jr. High 219 Walnut Bowie Elementary 29th & Chicago K. Carter Elementary 7th & Ave. Q Rush Elementary 15th & Utica Thompson Elementary 14th & Ave. T Bayless Elementary 2101 58th HaYI}eS Elementary 3802 60th Mrs. Robert B. Davis Mrs. Jolm Wolford A. C. Bowden Mrs. A. C. Bowden Mrs. Maggie Trejo Louis Trejo Mrs. Claude Fletcher Mrs. H. D. White William Goldstein J. D. Ralston T. H. Anderson Mrs. Robert Estrello Mrs. J. D. Ralst Mrs. Charles A. Putman Mrs. Seaman L. Nelson Mrs. C. G. Morton Mrs. Jolm Anderson Mrs. Ira Elliott Mrs. J. D. McGinnis Mrs. H. D. Stanle Mrs. Sid Moore Mrs. Philip O'·Jibway James C. Sharp H.J. McCabe ,, I PRECINCT NUMBER 13 14 15 Continued -- ALTERNATE POLLING PLACE PRESIDING JUDGE PRESIDING JUDGE Smiley Wilson Jr. High Mrs. Arnold Chauncey Mr. Wilbur Hunt 30th & Quaker Overton Elementary J.B. Airhart Mrs. Steve Meinec e 29th & Louisville Roscoe Wilson Elementary W. E. Inmon H.J. Crawford 2801 25th --16 -J . T. Hutchinson Jr. High E. E. McClatchy 32nd & Canton I Mrs. E.E. McClatc y 17 18 · 19 20 21 22 23 24 25 26 27 28 29 47 . l Dupre Elementary J .. W. Jackson 1920 Ave. T 0. L. Slaton Jr. High Harvey Austin 32nd & Ave. Q Geo. R. Bean Elementary Mrs. Rose Ingram 3001 Avenue N Ella Iles Elementary N. P. Holmes 2401 Date Lou Stubbs Elementary Mrs. J.M. Grigg 34th & Toledo Maedgen Elementary Mrs. I. ·V. Ferguson 4400 Nashville Monterey High School Ralph Krebbs 47th & Indiana Wheelock Elementary E.W. Sawyer 42nd & Elgin Brown Elementary Mrs. Farrie Neitsch 36th & Avenue W Chris Harwell Elementary Mrs. John Frentress 41st & Avenue D Slide Rd. Clubhouse W.R. Mclnturff 5012 50th Street Mrs. L. P. Rheuda i Mrs. V. R. Plumme Mrs. George B. Gilliam Mrs . Jus tyne Mort n Mrs. Lewis McKinl j Mrs. Nay Hale Mrs. Ralph Krebbs Mr. C. L. Ripley Mrs. Lee English Mrs. Oran Foote Mrs. Doyle Coley Parsons Elementary 2811 58th Street Mrs. Dennis Fullingim Mrs. John McCrack r Atkins Jr. High 5401 Avenue U Mackenzie Jr. High 12th & Bangor Mrs. Sue Dodson Mrs. Clem Simpso Mrs. Gerald Richardson Mrs. R. Y. Oldha ----- Each Presiding Judge shall appoint not less than two (2) nor more than eight (8) qualified clerks to serve and assist in holding said election; provided that if the respective Presiding J~dge here_;i.n appointed actually serve,s, the Alternate Presiding Judge of-•ni~ polling place shall be o,ne of the clerks. On election day the polls shall be open from 7:00 A. M. to 7:00 P. M. Absentee voting shall be conducted at the City Secretary's Office in the City Hall, in accordance with the provisions of V.A.T.S. Election Code, Chapter 5. SECTION 4: All resident qualified electors of the City, including those who own ~axable property in said City and who have duly rendered the same for taxation, shall be permitted to vote at said election. That at said .election two separate ballot boxes shall be provided at the polling place. In one box only resident qualified elector~ who own taxable property and who have duly rendered the same for taxation shall be allowed to vote. In another box all resident qualified electors (who are otherwise qualified but do not own taxable property which has been duly rendered for taxation) shall be allowed to vote. The votes cast in each of said boxes shall be recorded, returned and canvassed in such manner as will reflect separately the votes cast by the· qualified electors who own taxable property and who hav-e duly ren- dered the same for taxation from the votes cast by all qualified electors (including those who own taxable property and who have duly rendered the same for taxation). SECTION 5: That a substantial copy of this ordinance shall serve as proper notice of said election. Said notice shall be posted in the election precinct or precincts and at the City Hall not less than fourteen (14) full days prior to the date on which said election is to be held, and be published on the same day in each of two successive weeks in a newspaper of general circulation in said City, published therein, the first of said publications to be made not less than fourteen (14) full days · prior to the date set for said election. SECTION 6: That this ordinance shall become effective upon its final adoption. PASSED AND APPROVED, Mayor, Texas (City Seal) PASSED ON FIRST READING by the City Texas, in regular meet~ng in the:_,-..._L 26th day of March, 1970. City Secretary,Cityof Lubbock, Texas (City Seal) 1970. Lubbock, n the