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Home My WebLink About01/09/1951 - Special Minutes - City CouncilNOTICE OF SPECIAL MEETING TO THE MEMBERS OF THE CITY COUNCIL AND THE CITY ATTORNEY OF THE CITY OF COLLEGE STATION, TEXAS: NOTICE IS HEREBY GIVEN THAT A special. meeting of the City Council of the City of. College Statton will be held on the 9th day of January, 1951, at the City Hall in said city at 3:00 p.m. for the purpose of passing on matters as follows: 1. Canvas the votes of t3,e Bond Election. 2.. Arrange a meeting date with the Bryan Council to discuss the purchase of REA lines in the city. '3. 4=_0"%1hGR* '0A3 of, Sww*rrli 01-16>rkV OIJ PA. F, 4, C. Pfd��GJ� Dated the ()th dais of January, 1951 Mayor, City of Colle at r r Ci y Secret^ry, City of ollege Station CONSENT TO MEETING We, the undersigned members of. the City Council and the City Attorney of the City of College Station, herebv accept service of the foregoing notice, waiving any nnO all irregularities in such notice and consent and agree that said City Co,incil shall meet at the time and place t erein named -nd for the purpose therein stated. V Councilme 00359 \�\ e v CL Cb A MINUTES OF SPECIAL COUNCIL MEETING January 9, 1951 The City Council met in a called session at 3:00 p.m. January 9, 1951, with the following presents Mayor Langford.; Councilmen Ames, Badgett, Black, Fitch., Halpin, and Orr; City Attorney Barger, City Manager Rogers, Assistant City Secretary Boswell, and City Secretary McGinnis. Visitors present: Joel Austin of The -Battalion, Elmer: -Hall of The Bryan. News, and R. H. Baker of Rowles -Winston and Company. This meeting was called to canvass the results of the Revenue Bond Election held on January S, 1951. RESOLUTION CANVASSING RETURNS AND DECLARING RESULT OF ELECTION THE STATE OF TEXAS COUNTY OF BRAZOS X CITY OF COLLEGE STATION On this the 9th day of January, 1951, the City Council of the City of College Station, Texas, convened in Special session at the regular meeting place, with the following members thereof present, to wit: Ernest Langford, Mayor E. E. Ames ) W. H. Badgett G. W. Black ) R. B. Halpin Councilmen J. A. Orr W. D. Fitch ) N. M. McGinnis , City Secretary and the following absent: None , constituting a quorum, at which time the following proceedings were bads Councilman W. IH. ' Badgett introduced a resolution and moved its adoption. The motion was seconded by Councilman R. B. Halpin. The motion, carrying with it the adoption of the resolution, prevailed by the following vote: AYES: Councilmen Ames, Badgett, Black, Halpin, Orr, and Fitch NOES: None. The resolution is as follows: WHEREAS, On the 11th day of December, 1950, the City Council adopted a resolution and order calling an election to be held in the City of CoJlege Station, Texas, on the Sth day of. January, 1951, on the following propositions: 00370 �q'U Minutes of Special Noting Continued pace 2 PROPOSITION NO. I shall the cjty council of the Git, of ColleEo Station, Texas, be authorized to issue 170,000-00 revenue bon0s of said City, maturing serially over a period of years not to exceed thirty (304) years fromthair date, bearAU interest at a rate not to excoeC three and one-half' per cent per annum, for the purpose of securipU funds with which to build and purchase improvements and extensions to the aloctric light system o! said City, and to provide for the payment of the principal of and interest oil such bonds solely by -le QNE the not revenues derived from the operation of the waterworks and sewer syMemof said City, or, in the event the City Council be authorized to issue the Waterworks System Revenue Bonds as sub- mitted in Proposition No. 2 and the Sewer System Revenue Bon6s as submitted in Proposition No. 3, to issue combined Electrin Light, Waterworks and Sewer S System. Revenuo in 11-.(e maxin.�uaa &mount of 1200,000.00, and to pled90 solely the net revenues of the combined Waterworks and Sewer System.to the payment of the principal ofpd ainterest on said combined Electric Light, daterworks 1, and Sewer System Fevenue Bonds. PROPOSITIOR M 2 Shall the City Council of the City of College Station, Texas, be authorized to issue a20,000.00 revenue bonds of said City, maturdnE serially over a period of years not to exceed thirty (30) years from their date, bearing interest at a rate not to exceed three and one-half (3-1/4%) per cent per annum, for the purpose of securing funds with which to construct extensions to the waterworks system of said City, and to provide for the paVrpnt of the principol of and interest on such bonds solely by, pledgir.Ef' the net revenues derived from the oporut ion. of the waterworks system and the sewer cystom. of said City, or, in Ve event the City Council be authorized to issue the Electric Light bystem, Revenue PonA as submitted in Proposition No. I and too Sever 6yutem hevenue Bonds as subvitted in Proposition No. 3, to issue conhined Electric Light, Meterworks and Sewer SNutom Revenue Bonds in the maxiYo.1,'m anount of $200,000.00, and to pledCe. solely the net revenues of the copbinled !�i3Otermrorks and 3e4 or System to -the paymont of the principal of and interest on said combined Electric ME% laterworks and Sewer System Avenue Bonds. -PROPOSITION NO 3 Shall the City Council of too City of College Station, Texas, be authorized to icsue J110,000.00 revenue bonds of said City, maturing serially over a period of years not to exceed thirty C30) years from their date, bearing interest at a rate not to exceed three and one-half (3-1/02%) per cent per annum, for the purpose of securing funds with. which to con- struct improvements and extensions to the sewer system of said City, and to provide for the payment of the principal of and internot on such bonds solely bye pleQinE the not revenues derived from the operation of the water- works system and the sewer system of said City, or, in the event the City Council be authorized to issue the Electric Light System Revenue Bonds as submitted in Proposition Fo< I and the Waterworks System Revenue Bonds as submitted in Proposition Vo. 2; to issue combined Electric Light, Waterworks 11), W371 \ Minutes of Special Meeting I/ Continued Page 3 and Sewer System .Revenue Bonds in the maximum amount of $200,000.00, and to pledge solely the net revenues of the combined Waterworks and Sevier System to the payment of the principal of and interest on said combined Electric Light, Waterworks and Sewer. System Revenue Bonds. AND W[4EREAS, there were cast at said election 284 valid and legal votes, of which number there were cast: "FOR. THE ISSUANCE OF ELECTRIC LIGHT SYSTEM REVENUE BONDS AND THE PLEDGE OF NET REVENUES FOR THE PAYMENT THEREOF, AS SUBMIT`1'ED IN PROPOSITION NO. 1". .v. . . . 267 votes. "AGAINST THE ISSUANCE OF ELECTRIC LIGHT SYSTEM. REVENUE BONDS AND THE PLEIGE OF NET REVENUES FOR. THE PAYMENT THEREOF, AS SUBMITTED IN PROPOSITION NO. 1". . . . . . 15 votes. "FOR THE ISSUANCE OF WATERWORKS SYSTEM REVENUE BONDS AND THE ,PLEDGE OF NET REVENUES FOR THE PAYMENT THEREOF, AS SUBMITTED IN PROPOSITION NO. 2". . . . . . . . . . 262 votes. "AGAINST THE ISSUAITCE OF WATERWORKS SYSTEM REVENUE BONDS AND THE PLET:GE OF NET REVENUES FOR THE PAYNENT THEREOF, AS SUBMITTED IN PROPOSITION N0. 2". . . . . 22 votes. "FOR THE ISSUANCE OF S30F SYSTEM REVENUE BONDS AND THE PLEDGE OF NET REVENUES FOR THE PAYMENT THEREOF, AS SUBMITTED IN PROPOSITION N0. 3'1. . . . . . . . . . 259 votes. "AGAINST THE ISSi?.A:10E OF SEWER SYSTEIV; REVENUE BONDS AND THE PLEDGE OF NET REMENT-J S FOR THE PAYMENT THEREOF, AS SUBMITTED IN PROPOSITION NO. 3". . . . . . . . . . 25 votes. as is reflected in the election returns heretofore filed with. the City Secretary of the City of College Station, Texas; BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COLLEGE STATION, TEXAS: 1: That said. election was duly -called; that notice was given in accordance with law -and in accordance with the resolution and order calling the election; that the election was held in accordance with law; that due return of said election has been made by the proper officers; that said election has resulted favorably to the issuance of said bonds; that a majority of the qualified. voters, who owned taxable property in said City and who had duly rendered the game for taxation, voting at said election have voted in favor of the issuance of said bonds. 2. That the City Council be and it is hereby in all things authorized, ordered and directed to issue said bonds and to do any and all things necessary and/or convenient in connection therewith. ADOPTET AND APPROVED this the 9th day of January , 1951. Ernest Langford Mayor, City of College Station, Texas ATTEST: 00372 \�4� N. M. McGinnis• ity Secretary MENUIT"S oil, STIEICIA_t, CITY COUNCIT, TTI=ITTG Jnnn,.iry 9,, 1951, The City Council met in a called session at 3:00 p.m. Janunry 9, 1951, with the following present: Mayon Langford; Councilmen Ames,. Badgett, Black, Fitch, Halpin, and Orr; Utv Attorney Bnrger; City Manager Rogers7 Assistant City Secrcta:r�y Boswell, and CI.ty Secrota.-r7j McGinnis. Visitors present: Joel Austin of the Battalion, Ulmer Hall of the Bryan News, and R. H. Baker of Rowles - Winston & Company. This meeting ins called to canvass the results of the Revpnue Bona Election held on January 8, 1951. Badgett made a motion, seconded by Halpin, that the Council declare the results of the rpvennn bond election held on JanupgV 1, 190, to be as follows: For the,is-suance of $709000. in elpohric improvements bonds, the vote fort ;e proposition was 267 votes ond against the proposition 15 votes. For the issuance of 120,000. in water systoi-ii i -,-prove- ment bonds, the vote for the nronoStion ins 20 votes PnI against the proposition 22 votes. Wr the issuance of 8110,000. in sower system improve-- nent bonds, the vote for the nrOnDSItinn wrs 259 votes and against the pro-nnition. 2q Votes. TU wa.'s declared tl-'-t ?�' votc."s were c"'Ist. The Council vot.n wKis -int.inimous K favor of the mot -inn. Mr. Wer was raq-estod W rranare 84S.000 in electric bonds and $12,000. in votgr bonds to be delivered t;) the cit- as so -n as possible. Halrin Pndp Y motYn, Black, irj-jat L�aqjgford WJE; authorized to negotiate Lath Dr. F. B. Clark as to r new price to be paid Dr. Clark, per onnth, for raintaining the filter beds situated on his rrojerty; the nrine not W eyened 3125.00 per Month. The Council vote wqs un-Smong Ir favor qf the notion. APPPO' I t f T; 'es I'ngf A ATUIST McGIn,11s, U1 ty SOME", 1 1