HomeMy WebLinkAbout1941-06-11 Meeting~ ~
MIV[TTES
~ I,..a PORT _IT' CCL"~"Ii.
I^~ie$ t.,;ag was ^alled to order by ".~ayjor Sharp, •wyi'„h tt.~he f~llowi~Ig
Ll.~d erii: +s ~.~^fa n. ~'_.:~~• ~Jf1 J.li~.~ ~~ f4°.er~is~.1 A/ i J f~~• 4?~.?1 "~~a "~.~1, ,YR^• Lti®rr.~. ri
J.J. Roark, vit~r Attc=rn-~~~ Kiibl~yr arlr' Asst. City ~ecroUary Geo.
Isensee,Jr.
?i ~~z`~;es of the last meeting were rep+~a =.~.n:l appro~red.
Fills ~lotioia by Jt~hr~son, see~xn~l by Norris, that the following srhedulr
of bills is the a:ntrnlnt of ?>~3.31 be al.l~~wved aid ordered p~.~.d:
T; . T.. ~v~c~-, ~.:re' 1 ~ez•-v.St~ . 1.75 Warrant ~Ta.!~'.a.63
Geo. Blair, S$r~. Sta. 1.r5 "
Bro;v,~Iin~;-'ers'ls Mach. Co. 1t'..f.~.~ `t ~.67
'.lrs =~.v.I,ambly, CitS' et>?yP 8.)x.5 " ~.~
La Porte Hara~w. Co. 38.h5 " ~Li.7fl
PfeiSi'er 'Jlec. Co. .?3 `" x;-71
Sn~lsir Pe~'g. Co. ly~..3:~' °}
" ~"~~
Sears,Roebuck a Co. 37,8 i~,±~,73
So.~"1. B~'i1 Te1.CC. 17•~-~7 " 'l~
Joe .R. Tho:ae,.s ^.'?~ " ~7
C.G. tiui11:~.~ms~Serv.Sat. 225 " X76
'_tiagnolaa Petr. Co. 8.51 " }_;i;.7
HousMan Lgt. 'u Power Co. ~ 171.23 " 6?
3~3.5a
Cs.rr ~zd.
'~1-,rrants ~`~ot i~an by J~ahnson, secfnJ by Norris that ~~arraats irI the amount
of ?8.72, be ratified as follows: #1~1~la.3,~irs i!2.~J.Lambly,Secy.~2~.~?~;
'~~7, seo. Simon,~b•1~Q; ~~,~6~, Ho~ist~an'dat. Gas. Corp. X2.32.
Carried.
Accts. motion by Roark, second by Johnson, that ..Accounts Payable iz the
Payable arlount of ~71.Z6, being t:~e b~.laai+~e d.~.ae the '.`Torthington Garcon Meter
Co. be paid.
Carried.
~~aTeters Following the reading of a letter from '4~r Ruff, who was absent, oLl
the ordering of 50 new ~et+~rs, a motioa'I was offered by Johnson, and
seconded by Norris that the Cit?~ Seoret.ary be instructed t;~ Drier
5Q new rr,sters fro-a Wortilin~;ton uarlon Meter Go. as per,the bid and
contract of I~ay 2~.,19I~U.
Carried.
?nt ~ Pen. ''`ot =~V.*.'- r;; vorris, second by Johnson, that the letter from ~"Yharton
De1q.Taxes '~-deems pertaining to reduction of Penal+y r~n~l I:Iterest on Delinquent
Tapes be zlaced. on file.
Cs.rri$d.
• •
:~-~~::
New ?,L.<-F nation by Roark, second by Johnson, that the City accept the .ne;v agreement ~~
=~.oreement of the Houston Lighting & Power Co. with t'ne City, dated 1~ay 15,1941,as
presented t-~ the City Council, a copy o.£ which agreement is attached ~ere~
and becomes apart of these m3 n1.~tes; and further that the ~ayc~r s.nd,~C ~y` pant
Secretary be authorized to sangn sand a~;reem®nt for the City•
Cs,rriAd
~xCilange of P.Totion by Johnson, second by Norris, that the City Counc,•i1 ratify the ex•
Col~ateral change of those certain Angelina County Road Bonds at the First Nat'1 Bank
rut up as collateral and described as follows: ~ -Angelina County Road Bonds
'">1,000.00 ea., 5~ , Series 130, P+o. ~ & 6, dated Juns 10,1"~30, due June
10,191, each with June 10,1937 et seq eoupons attached, exchanged for 2-
~~.OOO,ea. City of La Forte, Texas ~o Refunding Bonds, da~;~ed October 1~,~931~
No.27 ~?ue Apr. 10,19E+3 and No. 3l, due Apr. 10,191.~1~, each with. October l0,
190.x.1 et seq coupon: attached, total X2,000.00, and furthflr that the rel®ase
of the old trust receipt signed by the Nat'1 Bank of Co:r~,erce of Houston,
Texas be ratified and that the n~aTa tr~.~sa.; receipt signed by the Nat'l Bank of
Commerce of Ho-xston, Texas, tendere3 by the Furst National Bank of La .Porte,
to corer the collateral as depository off' City Funds, be accepted s.nd placed
on file.
Carried.
Motion by Norris, se~,ond by John: os: and ca.ra• ied by those present that the
meeting adjour~~.
C ~ ~ ~ ,.
~.
_sLC- t~ . -~~ ~ r ' ~~'`~'~ ~' ~ `~
~.. ~
Asst. City ecretary, City f La Porte ayor, ity of Porte,; axes
Texas
TT'I3 COPY OF A(rREEI.~~NT BET'+`JEE'd THE ~,~ITY OF LA FORTE AND THE HOi1STON
LIGHTING ~ POW}~R CG. i1r HO~TST~N, TEa~AS, ARE r~,2ADF A PART OF Th'E P~iIN-
UTES GF THE MEETTT'G OF THE CITY COUIQCIL OF Ji~NE 11,19.1.
Patsy 15,1911
Honorable 'r~ay;~r and City CouF-scil,
La Forte, Te~CaB.
Gentlemen:
As you know, the Profit Sharing Agreement eras amended
on the 9th day of this month, and the reduction in rates which followed
became effective in all cities we serve six days later. Now, in line
with our policy that cities we serve which are not parties to that
Agroement shall nevertheless be given their share i,, i+r:s benefits, we
are glad to anake the follawing offer to accompany this reducti~sa an
+~.i.e vost of our service
1. Commencing with 1911, the Company will pay your City,
within 1.a.5 days after than c <<~se of tl~e yoar, two perc;Ant o° its annual
gross receipts from the sale of electric energy to customers within
your City for all classes of use except gosernmes~tal and municipal
sales, sales to other public ut:~l~.ties and sales involving an inter-
change of elact~•ic energy. This gro s rece ir~ts pe.y~.nent will take the
place o~" all minirnur4t ~;~a~{ments we have been making to your City by
reason of tia.3 Profit Sharing Agreement, but will not aft"'ect the special
contract rates your City n~ts~ pays us for munic~.pal services.
2. In addit i•~u ~:.~~ tr.e foregoing zrcinimum payrment your City
,~,:~Z1 s'~ax°~; pr~pc~:°ti~nately in any excess earnings which the iiouston
Lighting and Fower Company may make r.~ :~~:~ g=ear after satisf~ting the
requi.°re=net~ts and deductioo.s of the Pr;sfi': Sharing Agreement, provided
the minimum reve~aue to the Company for en~;rgy sales to residentis.I
consumers in your Cit~T a^~ounts in each such year to at least ~S,GOC.00.
3. The Corrlpsny also eartands to year CitJ a plan whereby
t~~e Company will install, c~~u.=, maintain a:~d opera.te without cost ~,o
t'aie City 25G candlepower o~erizead bracket type street lig~:ts in a
number e~a~~a.l t~~ ~~ne-~;s~lf o`.' t'~~e nu~rber of lights n~:,w or hereafter paid
fvr a.nnurxlly by y~~ur Ci~:y (pro<.rl.<Ied r~~, str°et lig'nt of less than 2513
ca:~dlepower ~'1~ be considered ia~ comp°L~ting the total number in service
and pai~3 for ann~.~rally by the City). Installatif~n of ne~v lights shall
be made at a yearly rate of riot more then. ~=.~enty per cent(20;~) of the
total number to be installed anir t-ileYt E;~l;; ap~,°°< ` `^^y~ructions of the
City Council a:~ t.~ M1.,,._~ s';r€~ev inter5e•~~^°._z,.. vrh> r~ e~h r~r light is to
be lza<^,ated.
!~. '~`~e expec~~ to furr~is:c1 the street liv',.ts a~<d rake the
gross receipts pay-raents c,~vered by this offer as long as the Profit
Snaring Agreement is not cancelled or further a.~nended in any material
respeL~.~. ~:s we cannot maintain our presen{~ low rates, pay two per
cent of our gross receipts and still pay ~;'~~her charges which are some-
times imposed, yo,x will please understand that grrass receipts payments
will not be made for. any period dua•ing which your City may see fit to
(over}
~ ;.
•
lev,~ on the Company a street rental charge, a gross reesipts ta,~; or
a proF~ert;;~ tax on our street francka~.~;e or easements a.~ yr~sa~° City.
Vie are a.lsc :making td~is offer vita ua~e understanding tha± the
present red~a~;t::oa in raves ne8 street light: and gross receipts pay-
.•.e=ate, togetz~er with the payme,-~~-s v~hioh you~~ pity '~-,~~~ ~°tm~~~ .E.~ frc=n
us in the pas~_, will Y~c~ accepted. by your City in full, ~'i~:al avc~ c~~rs~~~let~
settler.:ent cy£ any arrl Fll c~a:z~~ r:=ade er tc~ he r:~.de against this ~c~mF~ary
under Q~:r c=r aecGUrt of sr:id a~;re~-a.~;~.,.t 1'er a.ll yer~r.< pr:~.~~r ~to 1~~Iw1.
We ar€~ asking It~r! Cr~~nshavr, va'ria:~ ~;e ~?¢; i~=er: this lEtt:er, t~c~
protriGe yo~.~ ~ui°~.I: t.l-,e new rate schcd~,~leti varich have bee~~ pl~.cer~ ix~ 4, f-
fec'.. 3.n your "~.t.;yr.
It .a= ~. re a.~.prk:r..iated if you. v~-~.i1 ~ ndly acknowledge re-
ceipt a c' yon r €~.ctept~+n4 ~ c f tl~e fore~oing;,so~°~~er that the pro~risic~.;.s
as outlined i~~y ~:,.~ply-.
Re: rec ~ifu~.1 . yours,
HOtTSTC_,Pi LIGHTIAG & PO~~ER COMPANY
(signed) BY S.h:. E?er~arc~n
~~ residen
_'
The a;c>~.°c eff'er i_s accepted tips 11~.'rf dr~;~ cf 4TUne,3yi~1
~y resc~lut3 or• du1.y adopted ax~~. x°crr:•~'!=d r„n F. 1 F Vol. ~. ,?~.~;a.utc~..
CITY OI' L~? PC%R! E
(s~.gned) PY Geo. F'. Sharp.
;a,ytsr
ATTEST
(signed) Gee. Isensee,~?r
Asst. City -~ecr~:tary.