HomeMy WebLinkAbout1940-0044 - Ordinance - 03/14/1940ORDINANCE NO. 43.
BE IT ORDAINED by the City Council of the City of College Station, Texas:
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Section 1.
The City of College Station, Texas, a municipal corporation, hereby agrees
to purchase from the Southside Development Company, a private corporation, of
College Station, Texas, the electric, water and sewer utility systems owned by .
aforesaid company, and located principally in the College Park Addition as plat-
ted and recorded in Volume 3$, pages 602-605 of the Deed Records of Brazos
County, Texas and partially in certain territory adjacent thereto, aforesaid u-
tility systems consisting of electric meters, poles, lines, and transformers;
water mains, laterals and fire plugs; and sewer main lines, outfalllines, and
sewage disposal plant, together with all the tools, fictures, easements, fran-
chises, rights and other property in any wise appurtaining to aforesaid utility
systems for the sum of fifteen thousand 415,000) dollars.
Section 11.
This City agrees to discharge theobligations of the aforesaid Southside
Development Company to furnish utility services for property situated on lots
within the hereinbefore described College Park Addition, and in unserved terri-
tory contiguous thereto, under the following terms and conditions:
A. For lots sold on or before March 1, 1940, lines shall be extended and
connections permitted without charge, except such inspection fees and connec-
tion deposits as this City charges all other consumers.
B. For lots sold after March. 1, 1940, lines shall be extended and connec-
tions permitted according to the following terms:
1. A payment of fifty (50) dollars shall be made to this city in cases
in which the lot is between one hundred (100) and three hundred (300) feet
from such existing utility lines. If such lot is more than three hundred (300)
feet from such existing lines, such payment shall also be made but this City
shall extend lines for a distance of only three hundred (300) feet. Lines ex-
tended beyond such three hundred (300) feet shall be constructed by the party
applying for the. connections. Such lines shall be inspected and approved by
this city as being of the same size, quality and construction as the lines to
which they are attached, and shall be the property of this City. The party
constructing such lines shall be reimbursed at the rate of twenty ($20) dollars
for each set of connections that may later be made to such lines constructed
by him until he has recovered the cost to him of such construction.
2. A payment of twenty-five (y25) dollars, shall be made to this City
for utility services for property contiguous to but not a part of the hereinbe-
fore described College Park, or not within the boundaries of this City, with the
party desiring such connections constructing allsuch lines beyond the boundry
line of.the aforesaid College Park or this City. The City shall_ extend utility
lines toward the boundary of this City or aforesaid College Park, for a distance
of one hundred (100) feet without additional cost, but extensions of lines be-
yond a distance of one hundred (100) feet shall be provided under the same terms
and conditions as are set forth for similar extensions in Article 1, above.
3. The City shall also require such additional inspection fees and
connection deposits for utility service from utility systems purchased under this
agreement as it charges in other areas in this City.
Section 111.
This City agrees and instructs its mayor, acting officially for this City,
to execute and deliver to aforesaid Southside Development Company six vendor's
lien notes, each in the amount of twenty-five hundred dollars,bearing interest
at the rate of 4$ per annum, with both principal and interest payable at Col-
lege Station, Texas, with the interest and principal payable in monthly install-
ments of twenty 420) dollars a month, beginning June 1, 1940, with the one
month's interest computed at the rate of 4 per cent per annum on unpaid principal
to be deducted from above monthly payment and the balance of the payment
applied on principal, with the City to have the right to pay all or any part of
the unpaid principal at any time after this date and such payment or payments
to be duly credited on the unpaid balance of said note, with all remaining prin-
cipal due and payable on June 1, 1950, and with all past due interest bear-
ing interest from maturity at the rate of six per cent per annum, and provid-
ing the usual attorney's fees.
Section IV.
This City also agrees and instructs its Mayor to execute and deliver
to the aforesaid Southside Development Company a deed of trust for afore-
said property, with a party designated by aforesaid company named as trustee
for the benefit of the aforesaid company.
PASSED on this the 14th day of March 1940, A. D.
APPROVED:
J. H. Binnly
Mayor
ATTEST:
City Secretary
00100
ORDINANCE N0. 4
BE IT ORDAINED by the City Council of the City of College Station, Texas:
Section 1.
The pity of College Station, Texas, a municipal corporation, hereby agrees
to purchase from the Southside Development Company, a private corporation, of
College otation, Texas, the electric, water and sewer utility systems owned by
aforesaid compa:-y, and located principally in the College Park Addition as plat-
ted and recorded in Volume 38, pages 602-605 of the Deed Records of Brazos •
County, Texas and partially in certain territory adjacent thereto, aforesaid ut-
ility systems consisting of electric meters, poles, lines, and transformers;
water mains, laterals and fire plugs; and sewer main lines, outfall lines, and
sewage, disposal plant, together with all the tools, fictures, easements, fran-
chises, rights and other property in any wise appurtaining to aforesaid utility
systems for the sum of fifteen thousand ($ 15,000) dollars.
Section 11.
—_ This City agrees to discharge the obligations of the aforesaid Southside
Development Company to furnish utility services for property situated on lots
within the hereinbefore described College Park Addition, and in unserved terri-
tory contiguous thereto, under the following terms and conditions:
A. For lots sold on or before March.1, 1940, lines shall be extended and
connections permitted without charge, except such inspection fees and connect-
ionsdeposits as this City charges all other consumers.
B. For lots sold after larch 1, 1940, lines shall be extended and connec-
tions permitted according to the following terms;
1. A payment of fifty ($50) dollars shall be made to this city in cases
in which the lot is between one hundred ( 100)and three hundred (300) feet
from such existing utility lines. If such lot is more than three hundred (300)
feet from such existing lines, such payment shall also be made but this City
shall extend lines for a distance of only three hundred (300) feet. Lines ex-
tended beyond such three hundred (300) feet shall be constructed by the party
applying for the connections. Such lines shall be inspected and approved by
this city as being of the same size, quality and construction as the lines to
which they are attached, and shall be the property of this 6ity The party
constructing such lines shall be reimbursed at the rate of twenty WO) dollars
for each set of connections that may later be made to such lines constructed
by him until he has recovered the cost to him of such construction.
2. A payment of twenty-five (025) dollars, shall be made to this City
for utility services for property contiguous to but not a part of the hereinbe-
fore described College Park, or not within the boundaries of this City, with the
party desiring'such connections constructing all such lines be%ond the boundary
line of the aforesaid College Park or this City. The City shall extend utility
lines toward the boundary of this City or aforesaid. College Park, for a distance
of one hundred (100) feet without additional cost, but extensions of lines be-
yond a distance of one hundred (100) feet shall be provided under the same terms
and conditions as are set forth for similar extensions in Article 1, above.
3. The City shall also require such additional inspection fees and
connection deposits for utility service from utility systems purchased under this
agreement as it charges in other areas in this City.
Section 111.
• This City agrees and instructs its mayor, acting officially for this City,
to execute and deliver to aforesaid Southside Development Company six vendor's
lien notes, each in the amount of twenty-five hundred dollars, bearing interest
at the rate of 4% per annum. with both principal and interest payable at Col-
lege Station, Texas, with the interest and principal payable in monthly install-
ments of twenty (020) dollars a month, beginning June 1, 1940, with the one
month's interest computed at the rate of 4 per cent per annum on unpaid principal
to be deducted from above monthly payment and the balance of the payment
applied on principal, with the City to have the right to pay all or any part of
the unpaid principal at any time after this date and such payment or paymnets to
be duly credited on the unpaid balance of said note, with all remaining prin-
cipal due and payable on June 1, 1950, and with all past due interest bear-
ing interest from maturity at the rate of six per cent per annum, and provid-
ing the usual attorney's fees.
Section 1V.
This City also agrees and instructs its Mayor to execute and deliver
to the aforesaid Southside Development Company a deed of trust for afore-
said property, with a party designated by aforesaid company named as trustee
for the benefit of the afbresaid company.
PASSED on this the 14th day of March 1940, A.D.
APPROVED:
Mayor
ATTEST:
City secretary