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HomeMy WebLinkAbout01-02-1934 Special Meetingi • I.:IidU'I'ES OF L~ SPECI.~L ;:iEETIidG OF THE I:~iYOR i~::~D CITY GUUivrCIL OF THE CITY OF Lib 1'C:~TE, TEX~'i8, H1;LD ~AP;U.'Llf{Y SECOND, 193~4~, Pursuant to call by the I:Iayor, the City Council of the City of La Porte, Texas, held a special meeting in the City Hall, i~z the said City of La Porte, Texas, at ive o'clock, _______ 1x. , on J~~~bs,1~_~second , 193, at which meeting the ~:ayor and all of the 1'~ldermen mere prese~it. The Hayor,~A. I~'. ~cKAY, called the meeting to order, and, upon motion duly made and seconded, the following resolu- tion eras adopted by unanimous vote, said resolution being as follows: "BE I1 RESOLVED BY THE CITY CJUiJCIL OF ^1~iiE CITY c:F LA PORTS, TB~tAS, that the contract heretofore en- tered into by and bettaeen the City of La Porte, Texas, and the Southern Engine & Pump Company, dated October 2nd, 1933, regarding the drilling by said Southern En- ;~ gine & Pump Comoany of a 10~" crell completely equipped with 32.75 casing anc- St.ancliff Brz. strainer, fully developed and installed therein and the purchase from and installation by said Southern Engine & Pump Com- pany of one r1o. 10 Pomona deep Drell 1750 R.P.i~i. Tur- bine Pump, complete with 20 H.P. motor, and starting snitch, for the sum of X45,250.00 - SJ750.00 cash on completion and balance at (200.00 per month, r~ith ~% interest on aeferred payments and 10°Jo interest on past-due payments and the customary attorneys fee -~~ clause, be 2nd the same is hereby in all things rat- ~u~~, ified and confirmed as the act and deed of the City of La Porte, ^lexas; and "That all matters required to be done thereunder by the Southern Engine & Pwnp Company be and the same are hereby i:z all things accepted and approved as com- pleted; and "That the liayor and City secretary be and they are hereby authorised on behalf of the City of La Porte, Texas, to deliver to the Southern Engine & Pump Com,~any all cash called for under said contract upon completion anc~ e:~ecute, issue and deliver to the said Southern Engine ~ Pump Company on behalf of the Gity of La Porte, Texas, tcrenty (22) promissory notes ~:;!~ ~ numbered 1 to 22, both inclusive, is the sum of ~;~200.00 each - I~Tote Igo. 1 to be payable on the 23rd day of December, :!933, and the remaining notes pay- able in their consecutive order one on the 23rd day of each successive month thereafter until fully paid, all of said notes to be paid out of the 17ater Fund anc~ each of said notes to provide for the payment of 8~O interest from date until maturity, and lOfo inter- est on past-due principal and interest and for the payment of 10°ro attorneys s fees if x~la.ced in the hands of all at-corney for collection, and to further provide, s`r~~e holder hereof shall never h~..ve the right to de- mand uayment of this obligation out of any funds rais- ed or to b.e raised by taxation°; and "that the i:ayor anc~ City Secretary shall any, they are hereby ordered to use no part of each months net income or" the crater system of the City of La Porte, Texas, to ;gay any ocher debt, expense or obligation of the City of La Forte, Texas, until the note then cue for said month shall have been paid." There being no further business to come before the meet- ing, on motion duly made e_nd seconded and carried, the meeting eras adjourned. uAYUR ~~ Gy;~ ~ ~ ci ~c~;T~:~Y --- ~,.