1959-07-17 Regular Meeting - Laserfiche WebLink

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r • ~ ~ MINUTES - ~tEGULAR MEETING L~A:,PORTE CITY COMNfl:SSION -JULY 17TH, 1959 7:00 P. M, Regular meeting of the City Commission was called t9 order by May®r H. P. Pfeiffer, with the Poll®wing members present: C®mmissioners Brc~x*n, B®yle, Lawler and Osburn, Special Counsel Jne. S. Kiibler, Supt. W.A.Arthur, and City Clerk Frank G. Baker. Als• present vrere Ralph Irving, h4r. Pendergrass (Press), Ernest Brown, Jr., (Fiscal Agent), Rev, Bob Thompson, Fire Chief Rollins, Dennis Dunham, Gould Cr®foot and Jim Holley (Press). Minutes of the last tw® special meetings and ®ne regular meeting was read and approved. Carried. Mayer Pfeiffer requested that the minutes reveal that he intends t© build a h®me in Block 5, Bay Front Addition, and the streets that will be opened are no more than aqy citizen would ask for. C~nissioner B®yle presented two cost items fr®m Wyatt Hedrick's office, and vranted tm know which price schedule could be used. Ordinance N®. 5d9 The Mayor intrc~uced an ordinance calling a bond election. The Ordinance was read in full and Commissioner Osborn moved that it be adopted. The motion was seconded by Commissioner Lawler and carried by the f©llowing v®te: AYES: Mayor Pfeiffer, Commissioners Lawler, Brim, Osborn and Boyle. NOES: None. The ordinance thus adopted f®llows: BE IT ORDAINED by the City Com~i.ssion of the City of La P©rte: ~~~ Section 1: That an election shall be held in and thr®ughout the City of La Porte, Texas, an the 15th day of August, 1959, at which election the fallowing pr®p®si- tions shall be submitted t® the duly qualified resident electors of said City 1rh0 ovm taxable property v~thin sail City and who have duly rendered. the same for taxation, for their action thereupon: PROPOSITION N0. ONE SHALL THE CITY CITY COr~SSION 0'F THE CITY OF LA PORTE, TEXAS, BE AUTHORIZED TO ISSUE THE BONDS OiF' SAID CITY IN THE A~IDUNT OF ~?~5,000, MATURING SERIALLY WITHIN THIRTY (30) YEARS IROM TH.~R DATE OR DATES, AND BEARING INTEREST AT A RATE PIOT TO EY.CEED 'FIVE (5~) PER CENT PER ANNUP.4, FOR THE ACQUISl'PION OF A CAPITAL PROJECT, TO-~?'IT: COPJS7RUCTING AND `QUIPPING A ~TRF STATION ''ffITHIN AATD F'OR SAID CITY, AND TO LEVY TAXES ON ALL 'TAXABLE P~PERTY ~~dITHIN SAID CITY SUTFICIE[~T TO PAY THE ANNUAL INTFR.EST ON SAID BOP1D5 ADID TO PROVIDE A SINKING FUND TO PAY THE PRINCIPAL THEREOF AT PdATURITY?