HomeMy WebLinkAboutCC 1969-02-24 Minutes
IVIINUTES OF THE r.rgETING OF 'l'IŒ CITY
COUNCIL OF THS CITY OF NORTH lUCHLAf\TJ)
HILLS, TEXJ\.S, HELD AT THE CITY HALL,
4101 T<1ORGAN CIRCLE, MONDAY, FEBRUAHY
24, 1969 - 7:30 P.M.
CALL TO
ORDEH
The meeting of the City Council was called to order
by Mayor Calvin F. Luper at 7:30 P.M.
HOLL CALL
PHESENT
Mayor
Councilmen
Calvin F. Luper
P. M. Dodson
Harold B. Daley
J. F. Ca to
J. B. Sandlin
Morris E. Riddle
STAFF PRESENT
City Manager
City Secretary
City Attorney
City Engineer
Stephen K. Shutt
Evalyn R. Huston
Dennis JVlorrow
ìoJilliam R. Hatliff
..~
ABSENT
'--
Councilman
Councilman
J. R. Hubbard
Dick Faram
INVOCATION
rEhe invocation at this City Council meeting was given
by Mayor Calvin F. Luper.
APPROVAL OF
!EHI~ MINUTES
OF PREVIOUS
MEETING
Regular Meeting - February 10, 1969
Councilman Sandlin moved, seconded by Councilman IÜddle,
that the minutes of the City Council meeting of February
10, 1969 be approved as submitted. The motion carried
by a vote of 4-0, with Councilman Daley abstaining due
to absence from this meeting.
PRESENTATION
OF I'lAYCH' S
PLANNING A.i'JD
ADVISORY
COUNCIL
Mr. W. J. Smith, Chairman, Advisory Council, appeared
before the City Council with the following Resolution
as adopted by the North Richland Hills Advisory Council
February 4, 1969:
RESOLUTION 69-2
A llliSOLUTION ADOPTED BY THE NORTH RICHLAND HILLS
ADVISORY COUNCIL FOR THE PURPOSE OF SUPPOR'rING
'rIlE NORTH RICHLAND HILLS CI'rY COUNCIL IN THEIlt
CALLING A BOND ELECTION FOR THE PURPOSE OF
PUHCHASING, ACQUIRING AND/Od CONSTRUCTING A
SEWER AND WATER SYSTEM.
On the 4th day of February, A. D., 1969, the City
Advisory Council of North Richland Hills, Texas
met to discuss the need of North Richland Hills to
own its own water and sewer system and to enter into
a joint venture with the City of Hurst, Texas to
construct a sewer line to service both cities.
On a motion made by Charles Brinkley and seconded
by Tom Connell, the Advisory Council of North
Hichland Hills unanimously endorsed the following
resolution for a bond election that will involve
revenue and general obligation bonds:
BE IT RESOLVED by the Advisory Council of the City
of North Richland Hills, that we firmly support the
City Council of North Richland Hills in their efforts
to purchase and acquire a water and sewer system for
North Richland Hills and will fully support a bond
election involving revenue and general obligation
bonds in an amount totaling approximately Seven
Million Two Hundred Seventy-Six Thousand Seven
Hundred Dollars ($7,276,700.00).
We suggest the City Council call a bond election
for the following purposes:
1. To purchase or acquire the assets of Tarrant
County Water Supply Corporation for water and
sewerage in the following ways:
a. by purchasing the portion of Tarrant
County Water Supply Corporation's
assets that are within the jurisdiction
of North Richland Hills and use, with
the power to sell those portions not
needed; or
b. by purchasing the Northeast portion of
the Tarrant County Water Supply
Corporation's \.¡ater and sewerage system,
with the right to sell the system of
other cities involved, when requested; or
c. by purchasing the entire water and
sewerage system of Tarrant County I'later
Supply Corporation, with the right to
sell the system of the other cities
involved, when requested.
2. To construct a sewer line throughrrinity
River Authority in a joint venture with the City of
Hurst, Texas.
3. To extend, improve or construct any water
and/or sewer system that will be in the interest of
the area to be served.
li.ESOLVED AND SIGNED this 4th day of February, A. D.,
1969.
J. H. Smith, Chairman
Advisory Council
City of North Richland Hills, Texas
Councilman Dodson moved, seconded by Councilman Cato,
that the City Council declare their intent to act on
this Resolution as presented and set Monday, March 3,
1969, as the date for official action at which time
the bond attorneys should have the necessary papers
prepared for action and the calling of an election.
The motion carried by a vote of 5-0.
CITY IVIANAGE1{' S
REPORT
stephen K. Shutt, City Manager, reported to the City
Council of a request he received today from Zuider
Zee Fish IN Puppies for erection of a prefabricated
steel building adjacent to Richland Bowl. Since this
construction does not conform with city ordinances
it will take City Council action to allow construction.
Councilman Dodson moved, seconded by Councilman
Sandlin, that the City Council approve this request
as outlined and further that any additional submissions
of this nature for approval be taken under consideration
by the City Manager and the City Manager in turn shall
make a full review and study and report to the City
Council his findings at that time. The motion
carried by a vote of 5-0.
Additional Police Reserve
The City Manager advised the City Council that since
the annexation of Green Valley would create an
additional work load for traffic at this location,
he has found it advisable to increase the Police
Heserve staff from 5 to 12 men. The expense of
clothing and equipping these men as well as
payment for hours worked, will be the responsibility
of Green Valley Raceways. The expense of
clothing and equipping these men will be on a
pay back basis of their time worked, at $3.50 per
hour, until the initial expense is eliminated to
Green\Talley Raceways. Councilman Sandlin moved,
seconded by Councilman Daley, that the City Council
grant the request of the City Manager as outlined
above. The motion carried by a vote of 5-0.
COUNCIL
REPORT
Councilman Dodson reported to the City Council the
results of a recent meeting with the City of Azle
relative to water and sewer. As a result he
presented the following proposed resolution to the
City Council for consideration.
RESOLUTION 69-3
WHEREAS the City of North Richland Hills does not
now own, operate and control its own Water and
Sewerage System;
and
~ITŒREAS the City Council of the City of North
Richland Hills believes that the City would
benefit from the ownership of its own Water and
Sewerage Systems;
NOW THEREFORE, be it resolved, that the City Council
of the City of North Richland Hills appoints the
following four persons to negotiate the necessary
division of financial responsibility with the City
of Azle in order to dissolve the Tarrant County
v'later Supply Corporation and obtain sole ownership
of the Water and Sewerage Systems serving the City
of North Richland Hills.
Calvin F. Luper
P. M. Dodson
Harold B. Daley
]rJilliam R. Hatliff
ALSO, be it resolved, that the City Council expresses
its determination to proceed to dissolution by
whatever legal means deemed necessary, after the
respective Councils have ratified the agreed division
of financial responsibility between the two Cities
which was arrived at by the negotiating teams.
PRESENTED AIm PASSED by a vote of -L to --º--
this 24th day of February 1969.
MAYOR
ATTEST:
CITY SECRETARY
In line with this resolution, Councilman Riddle
moved, seconded by Councilman Sandlin, that the
City Council adopt this Resolution as presented
and appoint the following four persons to
negotiate the necessary division of financial
responsibility with the City of Azle in order to
dissolve the Tarrant County Water Supply Corporation
and obtain sole ownership of the Water and Sewerage
Systems serving the City of North Richland Hills:
Calvin F. Luper, Mayor
P. M. Dodson, Councilman
Harold B. Daley, Councilman
William R. Ratliff, Consulting Engineer
The motion carried by a vote of 3-0; Councilman
Dodson and Councilman Daley abstaining.
PLANNING AND
ZONING
Ordinance No. 241 - Second Heading
PZ 69-1 - Norman Kilgore
Councilman Cato moved, seconded by Councilman
Sandlin, that the City Council approve and adopt
Ordinance No. 241, PZ 69-1, second reading, as
presented. The motion carried by a vote of 4-1;
Councilmen Dodson, Daley, Cato and Sandlin voting
yes; Councilman Riddle voting no.
BOAHD OF
EQUALIZATION
Appointment
Mayor Calvin F. Luper advised the City Council he
had presented three names for appointment to the
Board of Equalization at the regular City Council
meeting of February 10, 1969 and at this time he
was withdrawing these names and leaving the
appointment open to the City Council for suggestions.
Councilman Riddle moved, seconded by Councilman
Sandlin, that the City Council appoint the following
members to serve on the Board of Equalization for
1969:
A. Guy Meacham
Hilliam H. Moore
Charles Owen
The motion carried by a vote of 5-0.
$1,000,000.00
GENERAL OBLIGATION
BONDS
SALE: 2-24-69
Mayor Calvin F. Luper opened the following bids
received by the City Council for $1,000,000.00
25-year General Obligation Bonds:
Eastman-Dillon Union Securities
Merrill Lynch, Pierce, Fenner & Smith, Inc.
Interest: 5.28065%
Gross Interest: $844,112.50
Net Interest: ~844,112.50
$20,000.00 Good Faith Deposit
Rowles-Winston and Company
Interest: 5.55724%
Gross Interest: $888,325.00
Net Interest: $888,325.00
$20,000.00 Good Faith Deposit
Fort Worth National Bank
Interest: 5.5286%
Gross Interest: $883,752.50
Net Interest: $883,752.50
$20,000.00 Good Faith Deposit
First Southwest Company
Interest: 5.51425%
Gross Interest: $881,742.50
Net Interest: $881,453.00
$20,000.00 Good Faith Deposit
Mr. Frank Medanich, Fiscal Agent, extended and
verified all bids as received above and informed
the City Council he had found them to be correct
and recommended to the City Council they accept
the bid of Eastman-Dillon Union Securities;
Merril, Lynch, Pierce, Fenner & Smith, Inc.
Councilman Cato moved, seconded by Councilman
Sandlin, that the City Council accept the bid
of Eastman-Dillon Union Securities, Inc.;
Merrill, Lynch, Pierce, Fenner & Smith, Inc.,
with an effective interest rate of 5.28065%¡net
interest cost of $844,112.50. The motion carried
by a vote of 5-0.
ORDINANCE
NO. 243
Mayor Calvin F. Luper presented the following
Ordinance No. 243 to the City Council for
consideration:
'~
OHDINANCE NO. 243
ORDINANCE AUTHORIZING ISSUANCE OF $1,000,000
"CITY OF NORTH RICHLAND HILLS, TEXAS, STREET
IMPROVEMENT BONDS, SERIES 1969",
DATED MARCH 15, 1969
STATE OF TEXAS 0
CITY OF NORTH RICHLAND HILLS 0
COUNTY OF TAfutANT 0
ON THIS, the 24th day of February, 1969, the City
Council of the City of North Richland Hills, 'rexas,
convened in regular session, being open to the
public, at the regular meeting place thereof in the
City Hall, there being present and in attendance
the following members:
CALVIN F. LUPER
P. M. DODSON
HAHOLD B. DALEY
J. F. CATO
J. E. SANDLIN
MORRIS E. RIDDLE
i·1AYOn
)
)
)
)
)
COUNCILMEN
and the following absent: J. H. HUBBAIID AND DICK FAHAM,
constituting a quorum; and among other proceedings
had by said City Council were the following:
The Mayor introduced a proposed ordinance. The
ordinance was read in full.
Councilman CATO made a motion that any rule
requlrlng an ordinance to be read more than one
time or at more than one meeting be suspended
and that the ordinance be passed finally.
Councilman DALEY seconded the motion and,
the question being called for, the motion,
carrying with it the adoption of the ordinance,
carried by the following vote:
AYES: Councilmen Dodson, Daley, Cato, Sandlin
and Riddle.
NOES: None.
The Mayor announced that the ordinance had been
finally passed.
The ORDINANCE is as follows:
AN OIIDINANCE by the City Council of the City
of North Richland Hills, Texas, authorizing
the issuance of $1,000,000 "CITY OF NORTH
RICHLAND HILLS, TEXJ\.S, STREET HIPRO'vEMENT
BONDS, SE:RIES 1969" , dated ]r!arch 15, 1969,
for the purpose of making permanent public
improvements, to-wit: const!~cting street
improvements in and for said City and inci-
dental drainage; prescribing the form of the
bonds and the form of interest coupons; levy-
ing a continuing direct annual ad valorem tax
on all taxable property within the limits of
said City to pay the interest on said bonds
and to create a sinking fund for the redemp-
tion thereof and providin& for the assessment
and collection of such taxes; enacting pro-
visions incident and relating to the subject
and purpose of this ordinance; and declaring
an emergency.
~lliEREAS, pursuant to an election held in the City
of North Richland Hills, Texas, on the 2nd day of
April, 1968, a majority of the duly qualified
electors of said City, who owned taxable property
therein and who had duly rendered the same for
taxation, sustained a proposition authorizing the
City Council to issue $4,380,000 general obligation
bonds of the City to mature serially over a period
of years not to exceed 40 years from their date,
and to bear interest at a rate not to exceed 6%
per annum, for the purpose of making permanent
public improvements, to-wit: constructing street
improvements in and for said City and incidental
drainage;
AND t1HEREAS I $1,000,000 of the bonds vo ted as afore-
said have heretofore been authorized, issued and sold,
and it is necessary to issue and sell an additional
$1,000,000 of the bonds voted as aforesaid, the
City Council reserving the right and authority to
issue the remaining amount of such voted authorization
in one or more series at a future date or dates,
when, in its judgment, such amounts are needed for
the authorized purpose; therefore,
BE IT OHDAINED BY TH8 CITY COUNCIL OF THE CITY OF
NORTH RICHLAND HILLS, TEXJ\.S:
SECTION 1: That the bonds of said City, to be knO\ffi
as "CITY OF NORTH HICHLAND HILLS, TEXJ\.S, STREET
H1PROVEMENT BONDS, SEHIES 1969" be and the same are
hereby ordered to be issued in the principal sum of
O~ MILLION DOLLARS ($1,000,000), for the purpose
of making permanent public improvements, to-wit:
constructing street improvements in and for said
City and incidental drainage, under and by virtue
of the Constitution and laws of the State of Texas.
SECTION 2: That said bonds shall be numbered
consecutively from One (1) through Two Hundred (200),
shall be in denomination of Five Thousand Dollars
($5,000) each, aggregating the sum of ONE MILLION
DOLLARS ($1,000,000); shall be dated March 15, 1969;
and shall become due and payable serially on March
15 in each of the years in accordance with the
following schedule:
BOND NUMBEHS
(All Inclusive)
MATURITY
AMOUNT
1 to 4
5 to 8
9 to 13
14 to 18
19 to 23
24 to 29
30 to 35
36 to 41
42 to 48
49 to 55
56 to 62
63 to 69
70 to 77
78 to 86
87 to 95
96 to 104
105 to 114
115 to 124
125 to 135
136 to 146
147 to 159
160 to 172
173 to 186
187 to 200
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
$20,000
20,000
25,000
25,000
25,000
30,000
30,000
30,000
35,000
35,000
35,000
35,000
40,000
45,000
45,000
45,000
50,000
50,000
55,000
55,000
65,000
65,000
70,000
70,000
PHOVIDED, HO~ŒVER, that the City reserves the right
to redeem bonds maturing on March 15 in each of the
years 1985 through 1994, of said series, in whole
or any part thereof, on March 15, 1984, or on any
interest payment date thereafter, at the price of
par and accrued interest to the date fixed for
redemption, PROVIDED, FDHTHER, that at least thirty
(30) days prior to any interest payment date upon
which any of said bonds are to be redeemed, a notice
of redemption, signed by the City Secretary,
(specifying the serial numbers and amount of bonds
to be redeemed) shall have been filed with HALTON
CITY STATE BANK, Fort Worth, Texas, and THE FIRST
NATIONAL BANK OF FORT WORTH, Fort Worth, Texas
(the paying agents named in each of said bonds);
and should any bond or bonds not be presented for
redemption pursuant to such notice, the same shall
cease to bear interest from and after the date so
fixed for redemption.
SECTION 3: That said bonds shall bear interest
from date to maturity at the following rates per
annum:
'"----
(a)
Bonds maturing in each of the years 1971
through 1974 at 6.00%;
Bonds maturing in each of the years 1975
through 1991 at 5.25%;
Bonds maturing in each of the years 1992
through 1 994 at 5. 30;~;
Bonds maturing in each of the years 19
through 19 at %;
Bonds maturing in each of the years 19
through 19 at %; and
Bonds maturing in each of the years 19
through 19 at %;
(b)
(c)
(d)
(e)
(f)
such interest to be evidenced by proper coupons
attached to each of said bonds, and said interest
shall be payable on March 15, 1970, and semi-annually
thereafter on September 15 and March 15 in each year.
SECTION 4: That both principal of and interest on
said bonds shall be payable in lawful money of the
United states of America, without exchange or
collection charges to the owner or holder, at the
HALTOM CITY STATE BANK, Fort Worth, Texas, or, at
the option of the holder, at THE FIRST NATIONAL
BANK OF FORT lrVORTH, Fort Horth, Texas, upon
presentation and surrender of bonds or proper coupons.
S8CTION 5: That the seal of said City may be
impressed on each of said bonds or, in the alternative,
a facsimile of such seal may be printed on the said
bonds. The bonds and interest coupons appurtenant
thereto may be executed by the imprinted facsimile
signatures of the Mayor and City Secretary of the
City, and execution in such manner shall have the
same effect as if such bonds and coupons had been
signed by the Mayor and City Secretary in person by
their manual signatures. Inasmuch as such bonds are
required to be registered by the Comptroller of
Public Accounts for the State of Texas, only his
signature (or that of a deputy designated in
writing to act for the Comptroller) shall be
required to be manually subscribed to such bonds
in connection with his registration certificate to
appear thereon, as hereinafter provided, all in
accordance with the provisions of Article 717j-1,
V.A.T.C.S.
SECTION 6: That the form of said bonds shall be
substantially as follows:
NO.
UNITED STATES OF AMERICA
STATE OF TEX.AS
COUNTY OF TARRANT
CITY OF NORTH RICHLAND HILLS, TEXAS, STHEET IMPHOVEIVIENT
BOND, SERIES 1969
$5,000
The CITY OF NORTH RICHLAND HILLS, a municipal
corporation of the State of Texas, acknowledges
itself indebted to and, FOR VALUE RECEIVED, hereby
promises to pay to bearer, the swn of
FIVE THOUSAND DOLLARS
($5,000), in lawful money of the United states of
America, on the FIFTEENTH DAY OF MARCH, 19____,
with interest thereon from the date hereof to
maturity at the rate of (~) per
annum, payable on March 15, 1970, and semi-annually
thereafter on September 15 and March 15 in each year,
and interest falling due on or prior to maturity
hereof is payable only upon presentation and
surrender of the interest coupons hereto attached
as they severally become due.
BOTH PRINCIPAL of and interest on this bond are
hereby made payable at the HALTOM CITY STA'l'E BANK,
Fort Worth, Texas, or, at the option of the holder,
at THE FIRST NATIONAL BANK OF FORT WORTH, Fort Worth,
Texas, without exchange or collection charges to the
owner or holder, and for the prompt pa~nent of this
bond and the interest thereon at maturity, the full
faith, credit and resources of the City of North
Richland Hills, Texas, are hereby irrevocably pledged.
THIS BOND is one of a series of Two Hundred (200) serial
bonds, numbered consecutively from One (1) through
Two Hundred (200), each in denomination of Five
Thousand Dollars ($5,000), aggregating OW8 MILLION
DOLLAli.S ($1,000,000), issued for the purpose of
making permanent public improvements, to-wit:
constructing street improvements in and for said
City and incidental drainage, under authority of
the Constitution and laws of the State of Texas,
and pursuant to an ordinance duly adopted by the
City Council of the City of North Richland Hills,
Texas, and duly recorded in the Minutes of said City
Council.
AS SPECIFIED in the ordinance hereinabove mentioned,
the City reserves the right to redeem bonds maturing
on March 15 in each of the years 1985 through 1994 of
this series, in whole or any part thereof) on I'!arch
15, 1984, or on any interest payment date thereafter,
at the price of par and accrued interest to the date
fixed for redemption, PHOVIDED, HOWEVER, that at
least thirty (30) days prior to any interest payment
date upon which any of said bonds are to be redeemed,
a notice of redemption, signed by the City Secretary
(specifying the serial numbers and amount of bonds to
be redeemed) shall have been filed with the HALTOM CITY
STATE BANK, Fort Worth, Texas, and THJ~ FIRST NATIONAL
BANK OF FORT HORTH, Fort vJorth, Texas; and should any
bond or bonds not be presented for redemption pursuant
to such notice, the same shall cease to bear interest from
and after the date so fixed for redemption.
IT IS HEREBY CERTIFIED, RECITED AND HEPRESENTED that
the issuance of this bond and the series of which it
is a part is duly authorized by law and by a vote of
the resident qualified electors of the City of North
Richland Hills, Texas, who owned taxable property
therein and who had duly rendered the same for
taxation, voting at an election held for that purpose
within said City on the 2nd of April, 1968; that all
acts, conditions and things required to be done
precedent to and in the issuance of this series of
bonds and of this bond have been properly done and
performed and have happened in reg'Ular and due time,
form and manner as required by law; that sufficient
and proper provision has been made for the levy and
collection of taxes which, when collected, shall be
appropriated exclusively to the payment of this bond
and the series of which it is a part, and to the payment
of the interest coupons thereto annexed, as the same
shall become due, and that the total indebtedness of
the City of North Richland Hills, Texas, including
the entire series of bonds of which this is one, does
not exceed any constitutional or statutory limitation.
IN TESTIMONY vrnEREOF, the City Council of the City of
North Richland Hills, Texas, has caused the seal of
said City to be impressed or a facsimile thereof to
be printed hereon, and this bond and its
appurtenant coupons to be executed with the
imprinted facsimile signatures of the Mayor
and City Secretary of said City, in accordance
with the provisions of Article 717j-1, V.A.T.C.S.¡
the date of this bond, in conformity with the
ordinance above referred to, being the FIFTEENTH
DAY OF MARCH, 1969.
MAYOR, CITY OF NORTH RICHLAND HILLS,
TEXAS
COUNTERSIGNED:
CITY SECRETARY, CITY OF
NORTH RICHLAND HILLS, TEXAS
SECTION 7: That the form of interest coupons
attached to each of said bonds shall be substantially
as follows:
NO._
ON THE FIFTEENTH DAY OF
19
"
,>
*(unless the bond to which this coupon pertains has
been properly called for redemption in accordance
with its terms,) the CITY OF NORTH RICHLAND HILLS,
a municipal corporation of the State of Texas, hereby
promises to pay to béarer, at the HALTOM CITY STAT8
BANK, Fort Worth, Texas, or, at the option of the
holder, at THE FIRST NATIONAL BANK OF FORT WOHTH,
Fort Worth, Texas, without exchange or collection
charges to the owner or holder, the sum of
DOLLARS
($ ), in lawful money of the United
States of America, said sum being month's
interest due that day on "CITY OF NORTH RICHLAND HILLS,
TEXAS, STREET IMPROVEMENT BOND, SERIES 1969", dated
March 15, 1969. Bond No.
CITY SECRETARY
I<UiYOR
SECTION 8: That the following certificate shall be
printed on the back of each bond:
STATE OF TEXAS
)
)
li.EGISTEH NO.
OFFICE OF COMPTHOLLER
I IŒREBY CERTIFY that there is on file and of record
in my office a certificate of the Attorney General
of the State of Texas
*NOTE TO PRINTER: The expression in parenthesis
to be included only in coupons maturing September
15, 1984 and subsequent, pertaining to optional
bonds maturing in the years 1985 through 1994.
to the effect that this bond has been examined by
him as required by law, and that he finds that it
has been issued in conformity with the Constitution
and laws of the State of Texas, and that it is a
valid and binding obligation upon said City of
North Richland Hills, Texas, and said bond has
this day been registered by me.
lHTNESS NY HAND AND SBAL OF OFFICE at Aus tin, Texas,
Comptroller of Public Accounts
of the State of Texas
SECTION 9: That a special fund to be designated
"SPECIAL STREET IMPROVEMENT BOND FUND, SERIES 1969"
is hereby created and the proceeds of all taxes
collected for or on account of this series of bonds
shall be credited to said fund for the purpose of
paying the interest on and to provide a sinking fund
for the redemption of said bonds at maturity; and said
fund shall be used for no other purpose; that, while
said bonds or any of them are outstanding and unpaid,
there shall be annually levied, assessed and collected
in due time, form and manner, a tax upon all of the
taxable property in said City sufficient to pay the
current interest thereon and create a sinking fund
sufficient to pay each installment of principal as the
same becomes due, or a sinking fund of 2%, whichever
is greater; and to pay the interest on said bonds for
the first year, and to create a sinking fund with
which to pay the principal as the same becomes due,
or a sinking fund of 2%, whichever is greater, there
is hereby levied a sufficient tax on each one hundred
dollars' valuation of taxable property in said City
for the current year and the same shall be assessed
and collected and applied to the purpose named; and
while said bonds or any of them are outstanding and
unpaid, a tax each year at a rate from year to year
as will be ample and sufficient to provide funds to
pay the then current interest on said bonds and to
provide the necessary sinking fund, full allowance
being made for delinquencies and costs of collection,
shall be and is hereby levied for each year,
respectively, and said tax shall each year be
assessed and collected and applied to the payment
of the principal of and interest on said bonds.
The City Council hereby declares its purpose and
intent to provide and levy a tax legally and fully
sufficient for such bonds, it having been determined
that the existing and available taxing authority of
the City for such purpose is adequate to permit a
legally sufficient tax in consideration of all
other outstanding obligations.
SECTION 10: That the Mayor of said City shall be
and he is hereby authorized to take and have charge
of all necessary orders and. records pending
investigation by the Attorney General of the state
of Texas, and shall take and have charge and control
of the bonds herein authroized pending their approval
by the Attorney General and their registration by
the Comptroller of Public Accounts.
SECTION 11: That the sale of the bonds herein
authorized to
~ST~ffiN DILLON, UNION SECURITIES AND CO.
at the price of par and accrued interest to date of
delivery, plus a premium of $ -0- is hereby
confirmed. Delivery of the bonds shall be made to
said purchasers as soon as may be after the adoption
of this ordinance, upon payment therefor in accordance
with the terms of sale.
SECTION 12: The purchasers' obligation to accept
delivery of the bonds herein authorized is subject to
their being furnished a final opinion of Messrs.
Dumas, Huguenin and Boothman, Attorneys, Dallas,
Texas, approving such bonds as to their validity,
said opinion to be dated and delivered as of the
date of delivery and payment for such bonds. Printing
of a true and correct copy of said opinion on the
reverse side of each of such bonds, with appropriate
certificate pertaining thereto executed by facsimile
signature of the City Secretary of the City of North
Richland Hills, Texas, is hereby approved and
authorized.
SECTION 13: That the public importance of this measure
and the fact that it is to the best interest of the
City to provide funds for the street improvements
contemplated at the earliest possible date constitute
and create an emergency and an urgent public necessity,
requiring that any rule providing for ordinances to
be read more than one time or at more than one meeting
of the City Council be suspended, and requiring that
this ordinance be passed and take effect as an
emergency measure, and any such rules or provisions
are accordingly suspended and this ordinance is
passed as an emergency measure, and shall take
effect and be in full force from and after its passage.
PASSED AND APPROVED, this the 24th day of February,
1 969.
Mayor, City of North Richland Hills,
TEXAS
ATTEST:
City Secretary
City of North Richland Hills, Texas
(City Seal)
APPROVED AS TO LEGALITY:
City Attorney
City of North Richland Hills, Texas
Councilman Daley moved, seconded by Councilman
Sandlin, that the City Council approve and adopt
Ordinance No. 243 as presented. The motion carried
by a vote of 5-0.
3-304
CONTRACT 4D
BID Jl.TíJARD
Consulting Engineer, Hilliam R. Ratliff informed
the City Council that bids have been received from
the following on Job No. 3-304 4D, CIP Street and
Drainage Improvements; bid date February 17, 1969:
Central Culvert Corporation
E. H. Reeder Construction Company
Superior Utilities
E. H. Shaw Contractor
Councilman Sandlin moved, seconded by Councilman
Cato, that the City Council accept and award the
bid of Central Culvert Corporation, as recommended
by the Consulting Engineer, in the amount of
$147,613·71; 90 working days, on this project.
The motion carried by a vote of 5-0. For the
information of the City Council -- the estimate
of the City Engineer is $194,832.00.
IN'vOICE
3-304
CIP
The following invoice has been presented the City
from Knowlton-Ratliff-English:
"For the Month of February, 1969
DESIGN PHASE
Contract 4d - 6.5% x $147,613.71
;~9,594.89
CREDIT FOR PORTION OF PRELIMINARY
$147,613.71
$4,380,000.00
x $11,000.00
( 370.71)
ArWUNT DUE
~9,214.18
"
Councilman Daley moved, seconded by Councilman
Riddle, that this invoice be approved and placed
in line for payment as submitted. The motion
carried by a vote of 5-0.
CITIZEN
PRESENTATION
Councilman Cato advised the City Council of a
citizen present wishing to appear before the City
Council. Councilman Dodson moved, seconded by
Councilman Cato, that this item be added to the
City Council agenda. The motion carried by a vote
of 5-0.
Mr. Leo Britt, 7424 Jade Circle appeared before
the City Council asking for consideration of
cleaning the debris from the creek located near
his house, being near Lola Drive. ¡¡Jr. Britt told
the City Council he has not contacted the
administrative staff, nor did he have to to have this
situation corrected. The City Council instructed
the City Manager to make an on-the-site inspection
of this creek and report results of his investigation
along with suggestions for correcting this situation.
ADJOURNMENT
Councilman Daley moved, seconded by Councilman Sandlin,
that this regular City Council meeting be adjourned.
The motion carried by a vote of 5-0.