HomeMy WebLinkAboutORD 76-97f
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(ORDINANCE N0. 76- 6? 7
ORDINANCE AUTHORIZING PUBLICATION OF NOTICE
OF INTENTION TO ISSUE CERTIFICATES OF OBLIGATION
WHEREAS, the City Council of the City.of Beaumont, Texas,
has heretofore found and determined that it was necessary and
desirable for said City to construct public works for said City,
to=wit: acquiring'or improving, or both, land for.park purposes
(Fair Park) (the "Project") said Project to -be accomplished
through awarding contracts.l'throUgh 4, all as set forth in'the
contract documents prepared by Dickson., Dickson and Bullock,-
Architects
ullock,
Architects and Engineers.("Engineers")-, Beaumont, Texas; and
WHEREAS, said Council has heretofore advertised for bid's on
said contracts and gave notice of the time, place, when and where
such contracts would be let., such notice having been published
once a week for two consecutive weeks in a newspaper as defined
in Article -28a, V.T.C.S., of general circulation in the City of
Beaumont, the date of.the first publication having been fourteen
(14) days prior to the date set for the receipt of bids, and said
notice specified that plans and specifications for the work to be
done were -on file with the City Clerk at the City Hall where they
could be examined without charge; and
WHEREAS, bids were received by said-Council'on August 31,
1976, and referred said bids to said Engineers for tabulation and
recommendations; and.
WHEREAS, the Engineers have tabulated all bids relating -to
the foregoing contracts as follows:
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CONTRACTOR
BIDS
CONTRACT 1. (General Construction Proposals)
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/ : (9 9
Icor 4- O- 'i I C -o v.5 4 Y U'_4 I a Cca :
/ � � . i /0 D '61 d
!t, SPCz�
�o.
CONTRACT 2.'(Division 12,-Sectioh 12700 Seating)
vKev-ica
y4o. U(j
CONTRACT 3'.. (Division 14, Section 14200 Elevators)
Ii Obvey �v.x,%,4e\r l���s �1�e C) \r vLy
/
��IS. ot;
..
j'1a ►ti�-c� e.► e v'
CONTRACT 4. (Division 16, Electrical)
I, C�o'iJ_ CY,' s.4 F—lec4 c- Ca .
/ sol 37 �'° L
X.
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and
WHEREAS, the -Engineers have recommended the City award con-
struction contracts. to the following as the best and lowest bids
submitted for each contract:
CONTRACTOR BIDS
CONTRACT 1.
5 p e, Lj c, s S vt c.
CONTRACT 2.
A -W4
CONTRACT 3.
s42,;il
CONTRACT 4.
j4 v bb a Y -d_ 1ec_4 V;e_
Total All Contracts
and
'743. e,c�
J, 11ri, 243. a d
WHEREAS,' the total cost of said Project is now estimated to
be as follows:
CONSTRUCTION $ /1717�243 ac)
Engineering, Contingencies, Legal.,
and Administrative Expenses $ 6S-13.7.d�
TOTAL $1,245,000
and
WHEREAS_, the City Council has the following funds available
to pay the costs of the Project:
Proceeds from bonds heretofore sold $1,000,000
TOTAL $1,000,000
and
WHEREAS, the City Council deems it essential to the public
health and welfare of the present and future inhabitants of the
City of Beaumont and hereby declares that there is an urgent
public necessity for the Project to be completed; and
WHEREAS, Article 2368a.'1, Section 7(8)., V.T.C.S., authorizes
the City to issue certificates of obligation tocover the de-
ficienc.y in any public works project where an advertisement for
bids has been previously published for the Project but the avail-
able current funds or bond funds are not adequate to permit the
awarding of the contract; and
WHEREAS,. the City desires to issue and sell for cash not to
exceed $245,000 certificates of obligation to cover the deficiency
in needed funds to carry. out and complete the Project,said
amount not being in excess of twenty-five per cent (25%) of the
amount of'those funds committed to the Project at the time the
advertisement for bids was published; and
WHEREAS, said Article 2368a.1 requires that the City Council
give.notice of its intention to issue such certificates; There-
fore
BE IT ORDAINED BY THE CITY OF BEAUMONT:
Section 1. That the" -facts and recitations contained in the
preamble of this ordinance are hereby"found and declared to be
true and correct.
Section 2. That the City Clerk is hereby authorized and
.directed to cause to be published in the manner required by law a
notice of intention to issue certificates of obligation in sub
stantially the following form:
NOTICE. OF INTENTION TO ISSUE'
CERTIFICATES OF OBLIGATION
NOTICE IS HEREBY GIVEN that the City.Council of the City of
.Beaumont, Texas, will meet in the City Hall, Beaumont, Texas, at
ten (10:00) o'clock A.M. on October 5, 1976, and tentatively
proposes.at said meeting to adapt an ordinance authorizing the
issuance of said City's certificates of obligation, payable from
ad valorem taxation, in the maximum amount of $245,000, bearing
interest at a rate not in excess of that prescribed by Article
71.7k-2, V.T.C.S., as amended, and maturing over a period of years
not to exceed twenty .(20.) years from the date thereof. Said cer-
tificates are to be issued for the purpose of evidencing the
indebtedness of said City for paying a part of the cost of con-
structing public works for said City, to -wit: acquiring or
improving, or both, land'for park purposes (Fair Park).
By ordinance of the City Council of Beaumont, Texas.
/s/ Myrtle M. Corgey
City Clerk
City of Beaumont, Texas
Section 3. That the notice set forth in Section 2 shall be
published in the.English and Spanish languages, respectively,'
once a week for two consecutive weeks in.a newspaper of general
circulation in the City of Beaumont, Texas, the date of the first
publication to benot less than fourteen (14) days prior to*the
date tentatively set out in said notice for -the passage of the
ordinance authorizing the issuance of the certificates mentioned
in said .notice.
Section 4. That the Mayor.. City -Clerk and other officers of
the City are hereby authorized and directed to:do any and all
things necessary and desirable to carry out the provisions of
this ordinance.
PASSED AND APPROVED this 14th day of September, 1976.
May'' City of Beaumont, Texas
ATTEST:
M,
#itt Jerk
City of Beaumont, Te as
(SEAL)