HomeMy WebLinkAbout06-15-44-1 - Resolution - 06/15/1944RLSOpp-15- yy-1
WIZ 8, the City Counoil deems it advisable and neoessary to
oonstruot oertain street improvements in the City of College Station,
Texas according to plans and specifications filed with the City Manger
of said pity, and that said work shall be done by the lowest and best
bidder, (right is retained to rejeot any and all bids), and paid for by
the issuance of interest-bearing time warrants of said City payable fr.
an ad valorem tax upon all taxable property in said City; and that suoh
construction shall be done under the supervision of the City Manager of
said City and paid for as the work progresses; and,
WEE 8, it is proper and necessary that the City give notice of
its intention to issue such interest-bearing time warrants;
THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF dr x STATION,
TEXAS, That the Mayor be and he is hereby authorised, ordered and instruoted
to do all things necessary and/or convenient to have published the notice
by law and ordinanoee of said City; that said Notice shall signify the
intention of the City Council of said City to issue not exceeding Ten
Thousand Dollars (10,000.00) of interest-bearing time warrants to mature
;aerially, the ximum maturity of which shall be not later than five re
from date, to •_ r three per Dent interest per annum from date, and to
be payable out of an ad valorem tax to be levied ageinst the ble
property of said City; such time warrants to be issued for the pu ••se of
paying for said work under contract, to be incurred in the oonstruotion
of oertain street improve ,. -ate in said City, suoh oonstruotion and improve-
ments to be done under the direot supervision of and paid for by the City
as the work progresses.
The above resolution being read it was moved by Counoi n
G. B. Yiilnox and seoonded by Counoi n Y. T. Barrington t the same
do pass. Thereupon, the question being called for, the following members
of the City Council voted ATE: E. E. Brown, R. L. Brawn, C. W. Crawford,
G. B. Wileox, Y. T. Berrington; and the following voted NOr N,
PAS
:141
and adopted this the 16th day of 1'�:, 1944.
ldyo
ATTEST: