1956-07-06 Regular Meeting - Laserfiche WebLink

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• MINUTES - P,EGULAR MEETING LA PORT E CITY C OMt~IS S I ON - JULY 6TH, 1956 l~:3o P. M. R®gular meeting of the City Commission was called to order by Mayor M. D. Burgin, with the following members and city officials present: Commissioner H. P. Pfeiffer, Special Counsel Jno. S. Kiibler, City Clerk Frank G. Baker, and Supt. of Works ~+. A. Arthur. Also present were Cliff Hyde, Mrs. Hyde, Mr. Petty, Mr. Patton representing Dickey Clay Pipe Company, Mr. P~~uller of the Baytown Sun, Chas. Brown, Mrs. w. A• Stabs, Mr. McOabe of the Houston Shell & Concrete Company, Mr. Arnold of the Magnolia Petroleum Corp., Chester Rodgers, and a repre- sentative of the Fredrick Contracting Company. Minutes of the last meeting were read and approved. Motion by Pfeiffer, second by Burgin, that Ordinance No. 501 b® adopted as read. The caption of such adopted Ordinance reads as follows: AN ORDINANCE CONFIRP~4ING THE SALE OF A LAND LEASE ON A PORTION OF THE LA PORTS MUNICIPAL AIRPORT TO CLIFF HYDE FLYING SERVICE, INC. AND AUTHORIZING THE EXECUTION OF SUCH LEASE. Carried. B. L. Eldridgets contract was discussed at length by Commission and parties interested. No action was taken at this time. Motion by Pfeiffer, second by Burgin, that the following Resolution be adopted: RESOLUTION STATE OF TEXAS COUNTY"OF HARRIS X A RESOLUTION AUTHORIZING THE CITY OF LA PORTS TO BORROZ'V THE SUM OF TEN THOUSAND DOLLARS (ffi10,000.00), TO BE EVIDENCED BY TAg ANTICIPATION NOTE, PAYABLE OUT OF CURRENT TAXES COLLECTED DURING THE FISCAL YEAR BEGINNING JULY 1, 1956 AND ENDING JUNE 30, 1957• WHEREAS, it has been determined by the City Commission of the City of La Porte that a necessity exists to borrow the sum of Ten Thousand Dollars 010,000.00), for g©neral ddministrative purposes and that the anticipated current revenue from ad valorem taxes will amount to a proximately Ninety Thousand One Hundred Sixteen and 86100 Dollars (~90,116.86~; and WHEREAS, the First National Bank of La Porte, Texas has agreed to make the City a loan in said sum, to be paid, with three per cent, (3%) per annum interest thereon, on or b afore the 15th day of February, A. D. 1957; and ?; uz