Loading...
HomeMy WebLinkAboutORD 3 GGENTITLED AN ORDINANCE AUTHORIZING AND DIRECTING THE ISSUANCE OF A TIME WARRANT OF THE CITY OF BEAUMONT, TEXAS,.UNDER THE PROVISIONS OF THE 11BOND AND WARRANT LAW OF 193111, BEING ARTICLE 2368a OF THE REVISED CIVIL STATUTES OF TEXAS, AND ALL AMENDMENTS THERETO, FOR THE PURPOSE OF PAYING PART OF THE CONSTRUCTION COST OF TWO FIRE STATIONS FOR THE CITY OF BEAUMONT, TEXAS, SAID WARRANT TO BE DATED AUGUST 18, 1964 AND TO MATURE ON -DECEMBER 1, 1966, AND BEARING INTEREST AT THREE PER CENT (3/) PER ANNUM; PRESCRIBING THE FORM OF SAID WARRANT; PROVIDING FOR THE LEVYING AND COLLECTING OF THE TAX NECESSARY TO PAY THE INTEREST AND CREATE A SINKING FUND TO PAY THE PRINCIPAL OF SAID WARRANT WHEN IT MATURES; AUTHORIZING AND DIRECTING THE MAYOR AND THE CITY CLERK TO EXECUTE SAID WARRANT AND IMPRESS THE CORPORATE SEAL OF THE CITY OF BEAUMONT THEREON, AND DO ALL OTHER THINGS NECESSARY IN CONNECTION WITH DELIVERY THEREOF; PROVIDING FOR THE CUSTODY OF SAID WARRANT PENDING ITS DELIVERY; AND REPEALING ALL ORDI- NANCES AND PARTS OF ORDINANCES IN CONFLICT HEREWITH; AND PROVIDING FOR SEVERABILITY. BE IT ORDAINED BY THE CITY OF BEAUMONT, TEXAS: ' Section 1. That The City of Beaumont, Texas, shall issue a warrant as hereafter described for and on behalf of, and upon the credit of, The City of Beaumont, Texas, as follows: Twenty -One Thousand ($21,000.00) Dollars principal amount of Fire Station Watrant, Number 3 of Series 1964, said warrant to be payable to the order of Herman Weber, Inc. in ;part payment of the construction price of the Washington and Voth-Rosedale fire stations, same to be dated August 18', 1964 and shall mature and be payable on or before December 1, 1966. Said warrant shall bear interest at the rate of three per cent (3f) per annum. The principal and interest on said warrant shall be payable upon presentation and surrender of the warrant at the office of tie Director of Finance.of The City of Beaumont, Texas. Section 2. That said warrant shall be in t -1e following form: I". "UNITED STATES OF -AMERICA STATE OF TEXAS COUNTY OF JEFFERSON CITY OF BEAUMONT FIRE STATION WARRANT SERIES 1964 "KNOW ALL .MEN BY THESE PRESENTS: That The City of Beaumont, of Jefferson County, Texas, under and by virtue of a valid contract, acknowledges itself justly indebted to and hereby promises to pray to Herman Weber, Inc. TWENTY --ONE THOUSAND DOLLARS ($21,000.00) in lawful money of the United States of America on or before the 1st day of December, 1966, with interest thereon from the date hereof until paid, at the rate of three per cent (3/) per annum; and the Director of Finance of The City of Beaumont, Texas, is hereby authorized, ordered and directed'to pay to the order of Herman Weber, Inc. on or before the lst day of December, 1966, the date of maturity of this warrant, the sum of Twenty--One-Thousand ($21,000.00) Dollars, and shall pay the interest due thereon on or before the same date. t1Both principal and interest of this warrant are payable at the office of the Director of Finance of The City of Beaumont, Texas; and The City of Beaumont, Texas, is hereby held and firmly bound, and its full faith and credit and all taxable real and personal property therein are hereby pledged for the prompt payment of -the principal and interest of this warrant and the series of which it is a part, as they mature. "This warrant is issued for t -'--e purpose of paying part of the construction price of two Fire Stations for The City of Beaumont, under a contract with Herman Weber, Inc'., this warrant being the third of three warrants provided for and to be issued under said contract. This warrant is issued under and by virtue of the Constitution and Laws of the State of Texas and the Charter of The City of Beaumont, and in o strict conformity with Article 2368a, and the amendments thereto, f the Revised Civil Statutes of Texas. It is hereby certified and re- cited that the issuance of this warrant and the series of which it is a part is duly authorized by law, pursuant to an ordinance passed by the City Council of The City of Beaumont, Texas, on the 18th day of August, 1964. 4TIt is hereby certified, recited, and declared that the issu- ante of this warrant is duly authorized by law and that all acts, conditions and things required to be done precedent to and in the issuance of this warrant have been properly done, have happened and been performed in regular and due time, form, and manner as required by law; that sufficient and proper provisions for the levying and collection of an ad valorem tax have been made, which, when collected, shall be appropriated, exclusively to the payment of this warrant and the interest upon same, and that the total indebtedness of The City of Beaumont, including the entire warrants,,of which this is one, does not exceed any constitutional or statutory limitation. "It is hereby recited, certified, and declared that the addi- tional tax levied and made necessary to be levied in order to provide for the interest and principal of this warrant, together with the rate of tax existing at the time of issuance of this warrant, is within the limitations of the Constitution and Laws of the State of Texas and the Charter of The City of Beaumont. "The date of this warrant, in conformity with the ordinance above mentioned is August 18, 1964. TTIn witness whereof the City Council of The City of Beaumont, Texas, has caused the corporate seal of The City of Beaumont to be affixed hereto and has caused this warrant to be signed by its Mayor and countersigned and attested by its City Clerk, as of the 18th day of August, 1964. '?Mayor of The City of Beaumont, Texas. ?'Attest "City Clerk of The City of Beaumont, Texas." That for the purpose of paying the interest on said Fire Station Warrant, Series 1964, and to create a sinking fund to pay the principal on said warrant when the same matures, a sufficient tax on each One Hundred ($100.00) Dollar valuation of all taxable property in The City of Beaumont, Texas, shall be annually levied on said prop- erty and annually assessed and collected and applied to the purpose named. Section 4. That said warrant shall be signed by the Mayor and counter- signed by the City Clerk of The City of Beaumont, Texas, and the cor- porate seal of The City of Beaumont, Texas, shall be impressed upon said warrant. Section S. That the City Manager of The City of Beaumont is hereby directed, after the warrant has been properly executed as hereinabove provided, to keep the said warrant in his custody to be delivered by him to Herman Weber, Inc. when it is necessary to pay Herman Weber, Inc. under the terms of the contract for the construction of said Fire Stations. The Mayor and the City Clerk are authorized and directed to do any and all things necessary and convenient to effect delivery of said warrant to Herman Weber, Inc. Section 6. All ordinances and parts of ordinances and all resolutions and parts of resolutions inconsistent with the provisions of this ordinance are hereby rescinded and repealed in so far as same may conflict here- with; and it is further provided that if any portion of this ordinance shall be declared invalid, said invalidity shall in no way affect the remaining valid portions thereof. PASSED by the City Council this 18th day of August, A.D. 1964.. - Mayor .. STATE Or- TEXAS COUNTY OF JEF FERSONI CITY OF BEAUMONT FIRE STATION WARRANT SERIES 1964 "'KI OW ALL MEN BY THESE PRESENTS: That The City of Beaumont, of Jefferson County, Texas, under and by virtue of a valid contract, acknowledges itself justly indebted to and hereby promises to pay to Hermap Webgir, Inc. TWENTY-ONE THOUSAI'M DOLLARS ($Zl, 000.00) in lawful money of the United Statea of America on or before the 1st day of December, 1966, with interest thereon from the date hereof until paid, at fhe rate of three per cent (37o) per annum; and the Director of Finance of The City of Beaum'ont. Texas, is hereby authorized, ordered and directed to pay to the order of Herm'an Weber, Inc. on or before the 1st day of December, 1966, the date of maturitj of this warrant, the sum of Twenty -One Thousand ($2 1, 000.00) Dollars, and shall pay the interest due thereon on or before the same date. "Both principal and interest of this warrant are payable at the office of the Director of Finance of The City of Beaumont, Texas;. and The City of Beaurndnt. Texaa, is hereby held and firmly bound, and its full faith and credit and all taxable real and personal property therein are hereby pledged for the prompt payment of 10 -ie principal and interest of this warrant and the series of which it to a part, as they mature. "This warrant is issued for the purpose of paying part of the construction price of two Fire Stations for The City of Beaumont, under a contract with Herman Weber, Inc., this warrant being the third of three warrants provided for and to be issued under said contract. Thiai warrant is issued under and by virtue of the Cone stitution. and Laws of the State of Texas and the Charter of The City of Beaumont, and in strict conform4y with Article 2368a, and the amendments thereto, of the Revised Civil Statutes of Texas. It is hereby certified and recited that the issuance of this warrant and the series of which it is a part is duly authorized by law, pursuant to an ordinance passed by the City Council of The City of Beaumont, Texas, on the 18th day of August, 1964, "It is hereby certified, recited, and declared that the Issuance of this warrant is duly authorized by law and that all acts, conditions and things re- quired to be done precedent to and in the issuance of this warrant have been properly done, have happened and been performed in regular and due time, form, and manner as a required by law; that sufficient and proper provisions for.the levying and collection of an ad valorem tax have been made, which, when collected, shall be appropriated exclusively to the payment. of this warrant and the interest upon same, and that the total indebtedness of. The. City of Beaumont, including the entire warrants, of which this is one, does not exceed any constitutional or statutory limi- tation. "It ,le hereby- recited, certified, and declared that the additional tax levied and made necessary to be levied in order to provide for the interest and principal of this warrant, together with the rate of tax existing at the time of issuance of this warrant, is within the limitations of the Constitution and Laws of the State of Texas and the Charter of The City of Beaumont. "The date of this warrant, , * in conformity with the ordinance above m en- tioned is August 18, 1964. 111h witness whereof the City Council -of The City of Beaumont, Texas, has caused the corporate seal of The City of Beaumont to be affixed hereto and has caused this warrant to -be signed by its Mayor and countersigned and attested by its City Clerk, as of the I Sth day of, August, 1964. "Mayor of. The City ,of Beaumont, Texas. "Attest: "City Clerk of A Mf%r of ORDINANCE NO. 64.31 ENTITLED AN ORDINANCE AUTHORIZING AND DIRECTING THE ISSUANCE OF A TIME WARRANT OF THE CITY OF BEAUMONT, TEXAS, UNDER THE PROVISIONS OF THE 11BOND AND WARRANT LAW OF 193114, BEING ARTICLE 2368a OF THE REVISED CIVIL STATUTES OF -TEXAS, AND ALL AMENDMENTS THERETO, FOR THE PURPOSE OF PAYING PART OF THE CONSTRUCTION COST OF TWO FIRE STATIONS FOR THE CITY OF BEAUMONT, TEXAS, SAID WARRANT TO BE DATED AUGUST 18, 1964 AND TO MATURE ON DECEMBER 1, 1966, AND BEARING INTEREST AT THREE PER CENT (3%) PER ANNUM; PRESCRIBING THE FORM OF SAID WARRANT; PROVIDING FOR THE LEVYING AND COLLECTING OF THE TAX NECESSARY TO PAY THE INTEREST AND CREATE A SINKING FUND TO PAY THE PRINCIPAL OF SAID WARRANT WHEN IT MATURES; AUTHORIZING AND DIRECTING THE MAYOR AND THE CITY CLERK TO EXECUTE SAID WARRANT AND IMPRESS THE CORPORATE SEAL OF THE CITY OF BEAUMONT THEREON, AND DO ALL OTHER THINGS NECESSARY IN CONNECTION WITH DELIVERY THEREOF; PROVIDING FOR THE CUSTODY OF SAID WARI:.A.NT PENDING ITS DELIVERY; AND REPEALING ALL ORDI- NANCES AND PARTS OF ORDINANCES IN CONFLICT HEREWITH - AND PROVIDING For. SEVERABILITY. BE IT ORDAINED BY THE CITY OF BEAUMONT, TEXAS: Section 1. That; The City of Beaumont, Texas, shall, issue a warrant as heroafter dosc:r:i.bed fox, and on behalf, o:(', and ultoii the cx-od:i'L (),f;, The City of Beautttont, Texas, as follows: Twenty--One.Thousand ($21,000.00) Dollars principal amount of Fire Station Warrant, Number .3 of Series 1964, said warrant to be payable to the order of Herman Weber, Inc. in ;part payment of the construction price of the Washington and Voth--Roseda? e fire stations, same to be dated August 18, 1964 and shall mature and be payable on or before December 1, 1966, Said'warrant shall bear interest at the rate of three per cent (3%) peg- annum. The principal and'interest on said warrant shall be payable upon presentation and surrender of the warrant at the office of .� t:e Director of Finance of The City of Beaumont, Texas. That ,said warrant shrill bo in t-lte following form: dp'ill "UNITED STATES OF AMERICA STATE OF TEXAS COUNTY OF JEFFERSON CITY OF BEAUMONT FIRE STATION WARRANT ,SERIES 1964 "KNOW ALL MEN BY THESE PRESENTS: That The City of Beaumont, of Jefferson County, Texas, under and by virtue of a valid contract, acknowledges :itself: justly :i.ndobted to and hereby promises to pray to Herman Weber, Inc. TWENTY --ONE THOUSAND DOLLARS ($21,000,00) in lawful money of the United States of America on or before the lst day of December, 1966, with interest -thereon from the date hereof until paid, at the rate of three per cent (3f) per annum; and the Director of Finance of The City of Beaumont, Texas, is hereby authorized, ordered and directed to pay to the order of Herman Weber, Inc. on or before the 1st day of December, 1966, the date of maturity of this warrant, the sum of Twenty -One Thousand ($21,000.00) Dollars, and shall pay the interest due thereon on or before the same date. 44Both principal and interest of this warrant- are payable at the office of the Director of Finance of The City of Beaumont, Texas; and The -City of Beaumont, Texas, is hereby held and firmly bound, and its full faith and credit and all taxable real and personal property therein are hereby pledged for the prompt payment of the principal and interest of this warrant and the series of which it is a part, as they mature. 14This warra,it is issued for t'ae purpose of paying part of the. construction price of two Fire Stations for The City of _Beaumont,- under - a contract with Herman Weber, Inc.; this warrant being the third of three warrants provided for and to be issued under said contract. This •';� warrant is issued under and by virtue of the Constitution and Laws of the State of Texas incl the Charter of Tho Ci y o'!: 13©��umoi-t; , ,incl �i,n P=it.i.,ic t c,onf'oriuity with At-ticlo 21368a, and the amendments thereto, of jthe Revised Civil Statutes of Texas. It is hereby certified and re- cited that the issuance of this warrant and the series of which'it is a part is duly authorized by law, pursuant to an ordinance passed by the City Council of The City of Beaumont, Texas, on the 18th day of i August, 1964 i "It is hereby certified, recited, and declared that the issu- ance o:[ this warrant is duly authorized by law and that all acts, conditions and things required to be done precedent to and in the as issuance of this warrant have been properly done, have happened and been performed in regular and due time, form, and manner as required by law; that sufficient and proper provisions for the levying and - collection of an ad valorem -tax have been made, which, when collected, shall be appropriated, exclusively to the payment of this warrant and the interest upon same, and that the total indebtedness of The City. of Beaumont, including the entire warrants,.of which this is one, does. not exceed any constitutional or statutory limitation. 11It is hereby recited, certified, and declared that the addi-- tiona]. tat• lev_i_ed and made necessary -to be levied in order to provide fop 'thyest and principal, of this warrant, together with the rate of tax existing at the time of issuance of this warrant, is within the limitations of the Constitution and Laws of the State of Texas and the Charter of The City of Beaumont. 11The date of this warrant,.in conformity with the ordinance above mentioned is August 18, 1964. 111.0 witness whereof -t-he City Council of The City of Beatunont, - -Texas, has -caused the -corporate seal -of. The City of Beaumont to-be--- affixed o-be-- -affixed hereto and has caused this warrant to be signed by its Mayor and countersigned and attested by its City Clerk, as of the 18th day of August, 3964. "Mayor of The City of Beaumont, Texas. tlAt-Los l; : "City Clork of Tho City of Beatunont, 'Texas.?? That for the purpose of paying the interest on said Fire the Station Warrant, Series 19645 and to create a sinking fund to pay a sufficient tax on principal al on said warrant when the same matures, Dollar valuation of all taxable property each One Hundred ($100.00 ) in The City of Beaumont, Texas, shall be annually levied on said prop- erty anda7znllil_I_.Ly as, ess0d and collected and applied to the purpose named . Section 4. That said warrant shall be signed by the Mayor and counter -- signed by the City Clerk of The City of Beaumont, Texas, and the cor- Seal. of he C:i_Y.y of Be.lumont, Texas, shall be impressed upon po.r.ctc said Section S. That the City Manager of The City of Beaumont is hereby directed, after the warrant has been properly executed as hereinabove provided, to keep the said warrant in his custody to be delivered by lt:i.nt 'l,o llc.lnutli Webor`, :l:xis,, wllc�n :i.t :i.s necossziry to piiy 11op,1la1l Weber, Inc. ulxc!c�.x� tho tc�r.nls c�:t tlic conLracL .f:o.r tll.c construction o.f' -aid Fire, d the City Clerk are authorized and directed Stations. The Mayor an to do any and all things necessary and convenient to effect delivery of said warrant to Herman Weber`, Inc. Section 6. All or`(l:ilian(;ea and parts of ordinances and all resolutions and parts of resol.i.rtions :inconsistent with the provisions of this ordinance conflict here- are ere are hereby-resci nded and repealed in so f ar as same _may _ rtion of this ordinance with; and it .is further provided that if any po shall-be declared invalid, said invalidity shall in no way affect the vema:irning valid porai.ons thereof . PASSE,)) by the C:i.ty Council this 18th day of August, A.D. 1964• Mayor