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<br />g:~INANCE
<br />
<br />AUDITING AND ALLOWING CLAIMS FOR I1~EBTEDNESS INCURRED IN THE PUR-
<br />CHASE OF AUTOMOTIVE EQPIPrBNT AND STREBT SACHlNERY FOR THE CITY OF
<br />SAN ~~RCOS, TEXAS, AND AUTHORIZING THE DELIVERY OF CITY OF SAN
<br />MARCOS AUTOMOTIVE EQUIPMENT AND S TREE'T MACHINERY WARRANTS TO EVID-
<br />ENCE SAID INDEBTEDNESS; AND DECLARING AN EMERGENCY.
<br />
<br />vmEREAS, the City Council of the City of Sari Marcos, Texas, has here-
<br />tofore on June 30, 1954, passed an o~dinance authorizing the issuance of ..
<br />$35,000.00 CITY OF SAN MARCOS AUTOMOTIVE EQ.UIPlIIJENT AND STREETi[ACmj'j~RY
<br />WARRANTSldated August 1, 1954, Nwnbe~edl to 35, inclusive, in the denomina-
<br />tion of ~~I;OOO' each, bearing 3-1/2% interest per annUm, and maturing on'
<br />August 1st, ~f.2,000 in e!;l-ch of the" years 1\j)62 " to 1966, inclusive, and $5,000
<br />ine~ch of the years 19b7.to 1971, inclusive. for the pur~ose of evidencing
<br />the ~ndebtedness of the C~ty of San Marcos, Texas, to be ~ncurred in pur-
<br />chasirig,automotive equipmerit and'street maehineryf6r. said City, which.
<br />ordinance is~recorded in B00k 17, Page 244, et seq., Minutes of the City
<br />Council; and, , ., .
<br />WHEREAS, on June 30, 1954 and July 21, 1954, the Gity council, for
<br />and on behalf of the City of Sari filareos, entered into con trac,ts for the
<br />purchase of certain automotive equipment and street machinery; and,
<br />
<br />WHEREAS, the City Couricil finds and determines 'that said automotive
<br />equipment and street machinery has been de1:Lveredto the City of Sari Marcos
<br />and has been inspected and fOW1d acceptable; and that the cority'actors have
<br />complied with all the terms and conditions of said contracts; and.
<br />, ,
<br />
<br />I
<br />
<br />WHE?~AS. the f6llowingclaims. duly verified, have been presented
<br />to the City Councilof said City:
<br />
<br />DATE CLAI1~NT PURPOSE
<br />
<br />7-12-54 Wm.K. Holt Mach. Go. I-new CATERPILLAR
<br />#12'Diesel Tandem
<br />Brive motor grader
<br />with scarifier as
<br />per contract of
<br />6-30-1954
<br />
<br />I-new 195LfChevro-
<br />let-Model'15p2,
<br />2 dr. Chevrolet
<br />Sedan as per contract
<br />of 6\,l30-1954
<br />
<br />7-15-54 Scrutchin Motor Co.
<br />
<br />7-21-54 Jack Hughes Motors
<br />
<br />7-15-54 Dulaney Service Co.
<br />
<br />7-2l-5Lf Jack Hughes Motors
<br />
<br />!MQQ1IT.
<br />
<br />$15,092.00
<br />
<br />I
<br />
<br />1.374.67,
<br />
<br />I-new 1954 Ford
<br />Chassis and Cab Truck
<br />with four yard Galion
<br />Dwnp "Body as per con-
<br />tract as of 6-30-54 2,389.00
<br />
<br />I-new GALlON 5-8
<br />ton variable
<br />weight' TANDEM
<br />ROLLER as per con-
<br />tract of 6\,l30-54 5,491.40
<br />
<br />I-new 1954 Ford
<br />Chassis and Cab Truck
<br />wi th four yard Galion
<br />Dwnp Body as per con-
<br />tract of, 7-21-54 ,. 2.314..00
<br />
<br />TOTAL................$ 26.661.07
<br />
<br />I
<br />
<br />AND ViliEREAS, the City Council has duly ascertained and determined
<br />that said claims #ere incurred in the purchase of automotive equipment and
<br />street machinery for said City; as contemplated and authorized by the
<br />aforesaid ordinance of JUne 30, 1954; and,
<br />
<br />IVHEREAS, aaid claims have been duly audited and found to be correct
<br />and unpaid obligations of said City of San Marcos; and,
<br />
<br />~WHEREAS, sai:d claims in the amoW1t of $26.661.07 are now held and
<br />owned by the First National Bank. San Marcos, Texas:; and.
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