Loading...
HomeMy WebLinkAboutOrdinance - 1279-1952 - Setting Aside The Sum Of 32,250 Right-Of-Way Bond Funds. - 09/25/1952-@J ~ {1 AN ORDlliANCE SETTlliG ASIDE THE SUM OF $32,250.00 OF THE RIGHT-OF-WAY e>..9-2S-\.9'52 . ORDINANCE NO . ,1279 \_ ¥\' 11 BOND FUNDS m CONNOOTION v1ITH A CONTRACT FOR THE ACQUISITION OF RIGHT OF WAY FOR 34TH STREET .EAST OF AVENUE "H"; APPROPRIATlliG SPEX::IFIC SUMS OF THE MONEY SO SE!' ASIDE TO BE PBDPERLY USED m CARRYlliG OUT SAID CONTRACT; AND DECLARlliG AN EMERGENCY. 9-27-52 Copy to ~~~~~:~~0 City .c.ngr & .auditor WHEREAS, the City Commission has heretofore accepted a proposal sub- mitted by N. R. Cogburn and wife, Artie Cogburn, owners of certain land to be acquired and used in the extension of 34th Street east of Avenue H, and Neil DeLavan, lessee of said land, as recorded in Book 11, page 103 -105, Minute Recor of the City of Lubbock, whereb,y the City Commission has agreed to pay the required sum of Eight Thousand Eight Hundred and No/100 ($8,800.00) Dollars as set forth in said Proposal; and, t) ,/ vffiEREAS, the estimated cost of the relocation of improvements situated on said land as set forth in said proposal and acceptance is estimated to be Twenty-Three Thousand Four Hundred Fifty and No/100 ($23,450.00) Dollars; and, WHEREAS, the City Commission is of the opinion that an allotment should be ma.de out of available bond funds to be used in furtherance of the contrac to acquire said right of way; NOW, 'TIIEREFORE, BE IT ORDAINED BY THE CITY COMHISSION OF THE CITY OF LUBBOCK: SEX::TION 1. That Thirty-Two Thousand Two Hundred Fifty and No/100 ($32,250.00) Dollars from available l1'ight-.of-t.'Tay bond funds is hereby set aside to be used in the proper administration of the contract set forth in the preamble to this Ordinance, said funds not to be commingled. SEX::TION 2. The amount of Forty-Eight Hundred and No/100 (~4800.00) Dollars of the fund set aside in Section 1 (One) of this Ordinance shall be paid toN. R. Cogburn and wife, Artie Cogburn, upon delivery of. a warranty deed to the land to be conveyed by them to the City as set forth in said contract, Eighteen Hundred and No/100 ($1800.00) Dollars of the Forty-Eight Hundred and No/1 ($4800.00) Dollars representin~ loss of rentals during the period of transition, and Three Thousand and No/100 {$3000.00) Dollars of said amount representing the cost of refinishing the interior of all buildings required to be moved under said contract. Four Thousand and No/100 ($4,000.00) Dollars of the fund set aside in Section 1 (One) of this Ordinance is hereby designated and shall be paid to Neil DeLavan upon delivery of a fUll and final release of all damages resulting from the extension and opening of 34th Street through said land as set forth in said proposal. The balance of Twenty-Three Thousand Four Hundred Fifty and No/100 {$23,450.00) Dollars of the fund set aside in Section 1 (One) of this Ordinance shall be used to complete the contract to be hereinafter entered into to carry forth the terms and conditions agreed upon by the City of Lubbock in said proposal and acceptance as recorded in Book 11, page 103 -105, Minute Records of the City Commission of the City of Lubbock, Texas. SEXJTION J. The fact that readily available moneys t-rill be necessary to the proper preformance of the conditions and agreements set forth in said contract referred to in Section 2 (Two) of this Ordinance creates an emergenqr, and this Ordinance shall become effective from and after its passage. ( AND IT IS SO ORDERED. On motion of Commissioner --------~D~ayi~s~----------' seconded b,y ('_ Commi ssioner --~C~a~r+p~e~r·M·-·x-·~--------------' this Ordi nance was approved and passed on this the 2;th day of __ ->..;;..ep.._t;..:e;.;.;m.;;;b,;;;,e,;;,r _____ , 1952 by the following vote: ATTEST: WLS:rr 9-24-52 Commissioners voting "YEA": Carpenter, Davis,Thomas, & ~~yor Pro-tem M0r is Commissioners voting ''NAY": None er -2-