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Ord 901 5/9/19270i '110M, CUINCIL 0FAVB1,:i, "',JkY 9* 1927. The 3o rd of ildermen convent)d in on ti,le a'60W) :late V4th the followlut� members pros(mi,: 13. W'-. 6hephordo Iayo r Oral Jonoa, -arter, ja -�V* 14unt, ,ldennen eine;, ".oj3room, (At'v 4-")fA,10 ("lc.rk of the oard.* "'helbart " ;artint City -t*k1,DrrqV, with the followir4.,, members Absent: LOns, co-tiatit'vUm" a among rather tAAgastransaoted the followliv, 11 business. C The ,,rosertted to the 30 -.-,rd for an ordinapxe entitled: ---- -- ------ ORDe4'idwil IX. AN ADOPTING TIM STT 1??L,1aM!T&L CONTRAX"T 3-', CITY OF ,vICHIT1;. FALLS AN) L. E. vVH17VAM COA101PANY k1OR V 11 IMFROVIVZI;�V", OF "FE MAW, �.y A. AWIr2ING AN -1) :3IMVIING A' ITUNICTPAL PARK, 2ROVIDM; FOR IN T14D 401i , L !XYVL,;G A MX 7110 11A Y j A! 11VEliv, ilal- Gy The ordinance wras read In full b the City Clerk. Alderman Jones made the follovAng motion: "I move the rules In jeotion Z7 of the Charter requiring ordinances t) be read on three separate days be suspended nnd dispensed ",vith." The ,.,otion -,as Seconed by Aldern= Carter. The motion to suspend the rules was L.)assed by the unanimous vote of all mcmbers .)f the Hoard, to -wit$ AIL�Z- 9,11dermen Jones, Carter, Hunt, King and Curd. The Mayor asked to be recorded as voting "AY,V. ROL:3: None. Alder -An Jones made a motion bast the ordinance be olaced on Its final readinp, and passage. The v*tion was sodonded by Alderman Carter* The motion carried by the following vote., AY : Alderman Jones, Carter, Hunt, King, and Curd. The Mryor asked to be recorded as voting "AY",,". NO S3 i None. The Clerk read the ordinance in full on its final ba3sagO- IiIderman Jones made a motion that the ordinance be passed finally. %he motion xas st..;oonded by tUderman Carter. The motion carried b;7 the unantmoiza vote of all members of the Board, to -wit: AY3 IA ldermen Jdne4o Carter, Hunt, i(ing ,4 , and Curd. Ze Mayor asked to be recorded as votinf, "AYE". finally* V011'3: N201400 The Msyor announced that the ordinance had been passed The ordinance rollqwu ORDINANCE 110.4?.Dt r— AN OiDIWOE AIM ADGPTING Th",� SUMTWeIlTAL CONTR,",,CT BY A13) THE CIT"y 01" '31CHTA FALLS 14,1) L. E. 7411THL17 8- CO!'�R,Uff -i�OR OF 1111!P ROA-1X7AY ABUTI"ING A1:D SWIDIG A =-UC[P,,AL PARK, PROVIDING FO''i '11HE ISsUANCL OF `39500.UO INTEM'ST 8XkR1NV.T' Ti "Ib' 'iARRAQ,'.1106 IN PAY17L2-WT THERIII;FOR, LITYING A TAX TO Z'iy TIM In INCI3AL YUO) DECL'_RITS G All wn_i,"St pursuant te) charter rw,zulrements the lioard of zildermen did, on the 14th day of 114arehs 1927, adopt a resolu- tion entitledi "Resolution approving and adopting planes profiles, specifications and estimates of the proposed Improvament of the west side of iiroad Str<:,ot from the South property line of Ighth Street to the zsorth property line of Ninth :street, In the City of Achlta, falls, Texas, and directing the City Clerk to adver- tise for c=p9titIve bids for the mrking and construction of such improvements." which re iiolution is duLy recorded In the mlnutt,,s of the Board of :,ldernen4 and thereafter on XarohA, 1927, the Board of i�ldormen did receive from the City Lw;sneer a letter trararAtting and submitting plans, profiles, spool fioatlon,.'. and estimates, which .dans, profiloss specifications and eatinates are made a part hereof by reference, iurkod Form II of Exhibit "A", and identified by the sIgnat-,ire of the Citj Clerk, to Ailoh is affixed the seql of the c ty; 'WA thereafterl a crotid; to oontractorz. advertising the lottine, of acid work was published 1>3 71ohita Dally Times, a uowsw).ijer published In the Cit:.; of Achita 1.1'allss Taxast In its issues of March 15s 1927, to Uarch 17, 1927, inclusive, which notice is as follows, to -wits ,,`=M: TO COUTTVI-C'MIS Sealed proposals for the Vrprover=t of a portion of liollywood Avenue, Baylor, west side of :road, Misslostp.pi, Jalonle, Virginia streets will be received at the office of the city clerk until 700 p. me) Yaroh 21st, 1927, then publicly opened. Bids will be received or brick, concrete# 'arren-Ite bit-14thic, sheet asphalt (111111te process) pavements with necessary appurtenanceso Purther Information can be obtained at the office of Vhe City 4ngineer whore plans and specified-At')ns are on file. Certified check for five per cent of the mount required =with proposr.1, 'Usual rights reserved. ,,7. �;o McBroom, Cit,, Clerk.,' WHER'AS, thereafter, in accordance with said notice bids were opened Imodiately of 7t-30 '. M*# Mardh 21,, 19270 and among other bids received was that of L. B. -.�Wltham & CompaW - and '24UK'UAS, the bid submitted by Le E. 16'hitham & GompaAy was then and the considered by the Board of Aldermen 1.o be the most advanta-eons to the City; arts 13." 3, on said i�Aril 4, 1927, a contract was mde and entered Into by and between the City and the sald L. E. 'Mhltham Companj In words and fi,,gurcs as si-)wn In the actual copy of Vm contract which Is desigxAted as .-,om X11, of LxMbit "A" attached hereto; and E"U IS, thereafter, to -wit; on the 9th day of ^Tsy, 1927, a supplemental contract was executed by and between the City of ,Iohita calls In words a-na gigures, as follows: STA° OF T: i S COLT14TY CP WICHITA CITY U 4CHITA FALL53 This memorandum of agreement made and entered into by and. between the City Of Wichita Falls,, Texas, & municipal corporation, acting by and through its Vayor, hereinafter called "City", and L. S. '4hitham & Company, a partnership, composed of L. E. !,,'fttham and a. 1L Whitham, hereinafter called "Contraotorsll, 'UITTTVCaSF," M's WHER&4Z, the parties hereto have heretofore, on the 4th day of April, 1927, made and, entered into a contract In reference to the paving of the West side of Broad Street from the South property line of 1-lighth ::treat to the North pro,perty line of Ninth Strct, which section of the Street is abutted by a municipal Dark owned by the Ci tSr and W71 under the tome of said contract the contractors agreed to accept from the City certain paving certificates constituting a lien against the property and bearinp 6.j interest, payable In Inst illments throe r ho t a period of five years; and R! under the terns of said contract the City has bound Itself to deliver to the contractor said paving 06TItificateo In tho amount of .0,550995,-, and WRM"FlAso, the contractors have atre-ed to accept from the City, In 1101, of said paving certifiouteop tnteroat bearing time warrants of the AV in the amount of"-#500.(jG 10- 0 dated 'Tay 15th, 19270 bearing 4-3/4% interests payable semi- annually, maturing 500*00 on 'jay l6th of each of the yosr3 1926 to 1932, Inclusive# and -i'?'1000.00 on 150 1933. (1) That the City binds Itself to issue intere3t bearing warrants as described above, In the amount of p"05UO.00: (P-) The Contyaotors agree to rely se the Olt, -,y, from the Issuance and, delivegr to them of the paving oertif 'cates above described; (3) The Interest bearing warrants are to be delivered to the Contractors upon the ampletlou of the work and Its acceptance by the City; (4) The City agrees to furnish to the Contractors two complete copies of the transcript of ?roceedings suthortz- tng the issuance and dellverj of said warrants, which deliW.ry shall be made to the contractors sub -loot to approval of legality by their attorneys; sub-; coot This contract Is supplemental to and in points where iri conflict supersedes the contract dated April 4, 1927. SCJ-DIn duplicate originals this the 9th day of May, 19 27 . CITY -.-F 'd1VP-TTA F2kLV3, BY A'11-'r;T i W. B. McBroom City Clerk. CM -TA" lfemi;er of V,e arm. WHERUSs, at the same dme said contract was executed the Gontraators furnished to the City an adequate bond securing the prompt and proper performance of the contract; and at the time the Cit4r determined to make the LWrovanents oonte,rplated herein and at this time said Improve- ments were and are considered necessary for the proper use and availability of the park owned by the City, and It Is o�nsldersd to tire best Interest of the Cit, that said improvements be made; and SII ERF A31 the ";,)enditure contracted was contedated 4nd Included in the annual bad f ,et ordinance, but the City does not now have funds on hand sufficient to pay said obligation$ but oan pay the warrants hereinafter described,- B!r IT 0!ZDA1N;,,2) BY V!.' BOARD OF !TD.MTP_X OF '.11TE CITY OF VUIUV V�.',LTZ, T -MS,. V (1) A complete certified copy of the transcript of IX proceedings in refereace to the adtertisment for bids, lettinf� of contract, and asseSsme'at PrOOeedinfyls MAereunder pertaining, to the improvemu-nts for which the present Issue of warrants to authorizadq is made as part hereof and attached hereto, designated (I - A) raid contract and said supplemental contract (hereinafter desoribod an "Vie contract") are hereby made the contract of the Cit' Of Wichita galls, TOxIS, for all purposes; (2) TAterest bsqaring time warrants of the City of 41ohita Falls to be denominated "City of #11'ichita ?a-1139 e'er s, Park ,%ving '.Varrants, emeries 1927", shall be Issued in the anount of1,3,,500*W, numbered fram one (1) tseven (7), Inclusive, of 11 the denomination of AjO*UU oaoh, parzible to Le L�, 4hithem & Company# contractors, or bearer; (3) They shall be dated May lbs 19279 xnd shall become d,,je and payable as follow$: (4) Said warrsats shall bear Interest at the rate of four wd - t hree. e -fourths (1-3/4%b) Per Cent per annum, payable Navember 15, 1927, and seri-annuajly thereafter on May 15th and ,,tiovember 15th of each year, which shall bo evidenoed by coupons attached V) said warrants; (5) Principal and Interest shall be payrible upon surrender of warrants or proper coupons at the office of Hanover National Banks 'yew York City, New Yorkj (6) The,,,; shall be signed by the (:Ity -,Ilerk, countersigned by the Aryors area. rmAstered by the City Treasurer, and the seal of the City shall be i:-presk;cd on each of themt the faottmile slexatu res of the ,'uyor and City Clerk may be lithographed aeon the coupons attached to each of said .,,arra nts: (7) "id warrants shall be substantially in the follow W., form i NO. $500.00 3TATIE 11')iil CITY Oi' 41C11117A YVA-3 PA -RL"' PAVIING !-'WiR.!JTT SF.;JTKS 1927 The alt y of Aohita a municipal cor.poraticn, duly Incorporated under 'the laws of the �1)tate of Texas, and acting under its ".4'peolal Oharter, for value received, acknowledges Itself indebted 9W xomises to pay L, Com.PsM, or bearerp oil the lath of 71ay 9 19 _0 at the Fanover National flank, In New York Ulty, Yew :fork, the sum of FIVE IIUMYR,�D "'OLL"T-U3, �x 'Il VMTET may 15, 1928 500.00 MAY 15, 1929 500,00 LW 15, 1930 500.00 4 Uny 15, 1,931 500.00 5 '4-!V 15, 153--- 5W. OU 6-7 May 15, 193-7 1000. �O (4) Said warrsats shall bear Interest at the rate of four wd - t hree. e -fourths (1-3/4%b) Per Cent per annum, payable Navember 15, 1927, and seri-annuajly thereafter on May 15th and ,,tiovember 15th of each year, which shall bo evidenoed by coupons attached V) said warrants; (5) Principal and Interest shall be payrible upon surrender of warrants or proper coupons at the office of Hanover National Banks 'yew York City, New Yorkj (6) The,,,; shall be signed by the (:Ity -,Ilerk, countersigned by the Aryors area. rmAstered by the City Treasurer, and the seal of the City shall be i:-presk;cd on each of themt the faottmile slexatu res of the ,'uyor and City Clerk may be lithographed aeon the coupons attached to each of said .,,arra nts: (7) "id warrants shall be substantially in the follow W., form i NO. $500.00 3TATIE 11')iil CITY Oi' 41C11117A YVA-3 PA -RL"' PAVIING !-'WiR.!JTT SF.;JTKS 1927 The alt y of Aohita a municipal cor.poraticn, duly Incorporated under 'the laws of the �1)tate of Texas, and acting under its ".4'peolal Oharter, for value received, acknowledges Itself indebted 9W xomises to pay L, Com.PsM, or bearerp oil the lath of 71ay 9 19 _0 at the Fanover National flank, In New York Ulty, Yew :fork, the sum of FIVE IIUMYR,�D "'OLL"T-U3, In lawful money of the United States of laerica, with interest thereon at the rate of four and three-fourthe (4-3/4"4) per cent per annum, pV�ble November 15* 1927, and scum-annuall.-J there- after on the 15th :ar, of May and the 1,5th (Jay of -ovember of each year, upon presentation� and surrender of prober coupons, and the City 1:reasurer of Vie City of 'Jlohita Zills Is hereby authorized, ordered and directed to pay to th-y, bearer hereof at the bank above named said principal suns togethex with interest thereon as it matures. In the event the ann of rnoney evidenced by this warrant ano. the annexed coupons shall not be paid at w%,turity, the same shi,11 thereafter bear tntert�st at the -rate of six (6:') per overt or annum until fully paid, and In the evmt of wich default and It i)ecomes necessar:, for the holder of this <Tar_- -lit or of any coupons *ttached hereto t,: l,.koe the zone In the h-Mds of an attornW for collection or to Institute suit hereon, the (Atq of-lohita ialls obligates Itself and promises to pay to the holder hereof an additional ten per cent ab attorneys' fees. TjIL; _n.,O., 7'' is one of a series of warrants numbered consecutively from one (1) to seven (7)t Inclusive,, In the denomination of „50u,i�O each, aggregatinp :' , , issued ,, �135UU 00, iss for the T3urpose of park Improvements, to -wit, p,�Wtng, s part of the cost of paving the street serving and abutting a municipal park, in accordance with the oontruct executed by and between L. J�. '4hitham CompazW and the City of Wichita falls, Texas, dated Anrtl 49 1927# as amended May 91 19279 the clairns for vhioh were duly certified by the proper officer, approved and allowed by the 3-oard of :'Lldermen of said CiV prior to their Issuance, In aocordanoo with the Constitution and laws of the State of Texas, and the City Charter of the Cit.,., of Wichita Falls, and pursuant to an ordinance duly and lew;ally passed by the board of Alderman of said City an the 9th, da,-- of 11%yq 1927, duly of record in the minutes (11f the Board of _Udermen of the Citi of '41chita Falls*, IT IS H12 CER111191:0 AND RD011M That all acts, Gondi- tions and thing5a required to be done precedent to and In the issuance of this warrant have been properly &)ne$ happened and performedo in reVilar and due time as required by law, and that the total Indebtedness of said. City, Including this warrant, aocs not exosed any constittitionalostatw,ory or charter limitation, that a tax has bow levied Sufficient to amount to provide for the payment of the principal and Interest of this warrant "rd of the series of which It Is a partp at their respective maturities and the full faith, credit and resp-,rves of the City of '4i'lchi ta Falls are hereby pledged for the punctual payment -,f this warrant wki of the interest coupons hereto --.nnezede IN WIM83 the City of �Jlchita Falls has caused the corporate seal of said Ciiy to be hereto affixed mid this warrant to be signed by its Clerk, countersigned by Its UVor and. 24; registered by the City Treasurer./of the fifteenth day Of *ftyq City Clerk of the Otty of C0tJNTM,Z3a`1D: 'Achita Falls, 'Texas. Uayor, city' of chi to Valls, Texas# T W I " J, 7! 1 � R j."ID I City Treasurer, City of '41ohivi Falls, Texas* ('8) The interest coupons attached to each, of said warrants shall be adboUntially In the followlar, forms NO. ON TUX 15TH TXLY OF 19 The0 1 ty Treasurer of the Cit;, of -*A chi ta Pal Is s in the State of Texas, will PaY to bearer at the Hanover National Bank, New York. CitV, Now York, the SM Of ("I ) I)OIlcLrso &aid sum beinf; months' interest due thtt day On City ofJjahltaValls Park Paying ',rjrrants, eerie 1927* No._, :fated 1jay 15, 1927, to which this coupon to attached and is a part thereof - mayor Ot ty to erk (9) -To pay the interact on said warrants as the same shal.1 accrue va become due and to create as slnkinP, fund to dis- charge the principal thereof at maturity, there shall :,c annuAllY levied and there is hereby levied for the current tax ,,)ear 1927 .)jj each �loo.00 v�,J-,�iatjon of taxable PrOPGrV ty' th(J"ity of .4,ohit& Falls$ %xas, r, tax of one-fifth cents shish tax to hereby a.jpOrtiOnGd arld levied Out of "o tax of twelve (1 4) cents Puthori.,.ed to be levied by t1ke Chrter of the City of alchita i,,alls for the purpose of mirreat 0X0(_nsqs in maintain- ing and IY'Vrov-jng aW beautifying public :)arkB and oeveterjea and mdnta"ning and imPrOvinfI VubtiO ply` grounds within the limits of a. -Ad City, that for the year 1928, and each succeeding year while any of said warrants are outstanding and unpulds there shall be computed WA ascertained w1rat rate of tax based upon the latest sE)proved tax rolls of said City will be required to rally make, raise and produce in each of sai-d, years a am of moW necessary to pay all of the principal and Interest of said warrants maturing in said year, and a tax, at such rate as shall be found necessary shall be levied, assesed and collected In each of said years. (IC) The si= of )81*00 is hereby appropriated out of unappropriated funds availrible therefor, for the �9.urpose of paying the coupons maturingNovember 15, 19270 The City Clerk and the I ayor are hereby ordered asst. directed to draw a warr,-,nt on the Treasurer, and the Treasurer is Instructed to cash the warrant " to hold the fuAds derived from the warrant for the dpeolfio purpose ns-ied and for no otter purpose, (11) .111 ordinayiees and parts of ordinances In conflict with this ordinance or any part thereof are hereby expressly repealad insofar ;as they conflict herewith. (12) The fact that there Is a very urgent public need for the UVrovetaentso as hereinabove provided, and fbr the resulting reduction of interest to be paid by the C"Itys which improvements are needed for the health, safety and *property of the taxpayers of the Citys creates an emorgoney and public neoessity that this be declared an emeremoy measure as Provided in 6eation 37 of tLe Charter dem�tndlng that the rule requiring that ordinwicesbe read on three ser,)arste -Jay% be suspended mid that tits ordirDir=�: be effective and in force i=ediately from its pasW-e, and it is so ordain(A. PAz3t3i,Z this the 9th day of 14 -ay, 19-27. this the 9th day of May: 1927. &_-AL=qAgR=— - Mayor, city of Wichita ?alls,'Toxag- 13??ROVLD 113 TO iWIC's City Attorney, ',Yichita F"allso Tom$. ATT i!ZT, alty Clerk. STATE Of TEW COUNIN OF WICHITA I, wo L. Mosroom, City Clark of the City of Wichita Fallst Taicas, hereby certify viat t!=e foregoing is a true end oorroot copy of the Minutes of & Meeting Of the Board of Alderman of theCity of WtOhita ?-Mlle, Texas$ hold In the Morgan Building of said city on the 9th day of May, 1927* showing the passage of the ordinance therein referted to as the s appears of record In Book Ho*_* ?age --t at seq*f of thy:, !�Inutas of a -:,.Id Board, and in Book_, of the Ordinance Records. Gil --,i; under nW hand andthe sf)al of the said City this the - d'%NT of I'llayl 1927* City Clerk Z;d-br-Offjaio Clerk of the Board of Alderman, City of ',Achita Falls, Tcj�=- (goal )