HomeMy WebLinkAbout1952-12-11 Special Meeting~.
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- _ . MINUTES - SPECIAL MEETING
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:: .., LA PCRTE CITY COI~ISSION - DECEMBIl~ 11, 1952
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4:30 P. M.
The City Commission of the City of La Porte, Texas, met in special session
at the regular meeting place within said city on the 11th da~v of December,
1952, witYi the following members present : to-wit
.. _ :. M, D, Bur gin Mayan
~: _` Robert A~ White Conanissioner
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L. R, Rigby Commissioner
- - - J. E, Ivi'aldoon City Clerk
_~ when the following business was transacted;
°' - N a ~' 3 ~ ORDIN:I.NCE CANVASSING RETt~RN5 AND
,. '. DECLARING RESULTS OF BCrID ELECTION
- ~ The Mayor introduced ~ ordinance which was read in full. Co~.ssioner Robert
A. White made a motion that the ordinance be adopted as read. The motion was
- seconded by Commissioner L. R, Rigby and carried by the following vote:
. AYES: htayar~ Burgin, Commissioners White and Rigby, NOES: None.
The ordinance thus adopted follows:
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-`'• _~ ORDINANCE C~'~NVASSIl3G RETII.RNS SID DECLARING RF_SULTS OF THE BOND
_~ ELECTION HES,D IN THE CITY OF LA PORTS, TEXAS, ON DECEIuIB~ER. 9, 1952
. - I~FH~RF~-lS, there was held in the City of La Porte, Texas, on the 9th day
- of December, 1952, an election at which was submitted to the duly qualified
resident electcros of said city who own taxable property v~.thin said city and
who had duly rendered the same for taxation the following propositions, to-unit:
PROPOSITIOPd N0. ONE
-- SHALL THE CITY COI+~LSSI~t OF THE CITY OF LA PORTS, TEXAS BE
_ _. AUTHORIZED TO ISSUE THE BONDS OF'~ SAID CITY IN THE AI~UNT OF'
- $200,000, MATURIlVG SERIALLY "TITHIN THIRTY (30) YEARS FROM THEIR
- - DATE OR DATFS, Aly'D BEARING INTEREST AT A RATE NC/I' TO EXCEED F0~
(~96) PER CENT PER ANNUM, BUR THE ACQUIST.T*I ON .OF A CAPITAL PROJECT,
- . TO-Z'IiIT; CONSTRUCTING AND IIs~'ROVING THE RQADS, ~?.IDGES AND STREETS
OF SAID CI'T'Y AMID TO LEVY TAXES ON ALZ TAXABLE PROP~TY l~tlTHt~1
- SAID CITY JJFFICIENT TO PAY THE h1VNUAL INTEREST CAST SAID BONDS
AND TO PROVIDE A SINKING Fi~ND TO PAY THE PRINCIPAZ THEREOF AT
Mt~TURITY.
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PROPOSITION N0. T4~0
SHALL THE CITY CO~d~"CSSTON OF' THE CITY OF LA P~,TE, TEXl~S
BE AUTHORIZED TO ISSUE THE BONDS OF' SAID CITY IN TIC AMOUNT
OF $12,000.00 MATURING SERIALLY ?NITHIN THIRTY (30) YEARS
FROM THEIR DACE OR DATES AND BEARING INTEREST AT A RATE
NOT TO EXCEL FOUR (~) PER CENT PFR ANNUM, xUR THE AC~UI-
SITION OF A CAPITAL PROJECT, TO ?TIT: CCINSTRUGTING A CITY
HALL ?~?ITHIN SAID CIfiY ANDTO LEVY TAXES ON ALL TAXABLE PROP-
EEtTY 4'JITHIIV SAID CITY SUFg'ICIENT TO PAY THL~ ANNUAL I'td`ITaR~ T
ON SASD BOPIDS AND PROVIDE A SINKLNG FUND TO PAY THE PRIN-
CIPAL THEREOF AT MATURITY;
and
WHEREAS, there were cast at said electi on 365 votes, of which number
there were cast:
PR®POSI'TION N0. ONE
FOR THE ISSUANCE OF X200, 000 S_~ ~ ET IMPROVEMENT BONDS
228 VOTES
AGAINST THE ISSU~L~tCE OF 200000 STRUT IMPROVE~i~+ T BONDS
128 VOTES
AAJORITY Fit THE ISSU ^~`TCE OF X200, 000 STREET Ir~'ROVELiENT BONDS
PROPOSITION N0. T~10
100 VOTE=S
FUR THE ISSU_NCE OF x$12,000 CIfY HALL BONDS 231 VOTES
AGAINST TTY, ISSUANCE OF X12,000 CITY HALL BONDS 121 VOTES
MAJORITY FAR THE ISSIIA~CE OF .~~12, 000 CITY HALL BONDS 113 VOTES
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as shaven in the official election returns heretofore submitted to
this City Corrunission and filed with the City Clerk; Therefore
BE IT ORDArJED by the City Corcmiission of the City of La Porte,
Texas:
Section l: That said election was duly called end notice thereof
given in accordance with lativ; that said election was held in the
manner required by law; that due returns of said election have been
made by the proper officers; that said election has resulted favor-
ably tcs the issuance of the bonds described in each of said prop-
ositions and that a majority of the qualified voters voting at said
election have voted in favor of the issuance of the bonds described
in each of said propositions.
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Section 2: That the City Commission is now authorized to issue a71 of said
bonds and to do any and all things necessary and convenient in connection
therewith.
This ordinance shall be effective i~rediately upon its adopta.on.
PASSID and APPROVED this 11th day of DecEmber, 1952.
Carried.
Motion by Rigby, secar~d by TThite, to accept and open bids on January 6,
153 at 10:00 A. M., at the City Hall, for "~200~000 Street Tr~provemc~t Bonds,
and 12,000 City Ha11 Bonds.
Carried.
IViotion by Rigby, second byV~thite, that the meeting adjourn.
Carried.
ATT T:
J.E. Muldoon, ty Clerk of the City
of I,a Porte, Texas
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Z.D. urgin, I~~~,}r r City of
I,a Porte, Texas