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<br />. 1..3
<br />WHEREAS, the City Council desires to approve and allow sald calms
<br />and to authorize the delivery of CITY OF SAN MARCOS AUTOMOTIVE EQUIP-
<br />MENT AND STREET MACHI~ERY WARRANTS to evidence said indebtedness;
<br />
<br />THEREFORE, BE IT ORDAINED BY TIiE CITY COUNCIL OF~THE CITY OF SAN
<br />MARCOS, TEXAS:
<br />
<br />4'" Section 1. That the claims hereinabove listed for il}-debtedness incu:red
<br />fh the purchase of automotive equipment and street machlnery for said Clty,
<br />in the total amount of $26,661.07, are hereby allowed and declared to be
<br />the lawful indebtedness of said City; that said'claimsare legally owned
<br />and held by the First National Bank, San Marcos. Texas.
<br />
<br />I
<br />
<br />Section 2. That to evidence aaid indebtedness, there shall be executed
<br />and delivered to said First National Bank, San Marcos, Texas, CITY OF SAN
<br />,MARCOS AUTOMOTIVE EQUIPMENT ArDD STREET MACHINERY WARRANTS, dated August I,
<br />, 1954, NUlllbers 10 to' 35; inclusive, in thedenom1nationof' $1,000 each,
<br />aggregating ~~26~000.00,bearitlg 3-1/2% interest perannUlll, and maturing
<br />on August 1st, ~l,OOO in 1966, and $5,000. in each of the years 1967
<br />to 1971, incluSivec~,'uthorized by the'af~esaid ordinance of June 30, 1954.
<br />recorded in ~ihok l1!-f::'Page 244, et seq., Mi!1Utes of the City Council.
<br />
<br />Section 3. That the City of San Marcos, Texas; has received full value
<br />and consideration for said Warrants Nos. 10 to 35, inclusive.
<br />,1: ~
<br />Section 4. That the excess of $661.07. as shown by said claims, shall
<br />be paid in cash by the City of San Marcos.
<br />
<br />Section 5. By reason of the fact that the City Council considers the
<br />passage of this ordinancene4essary for the immediate preservation of the
<br />public pease, property, health and safety of said City, andDf its citizens,
<br />it is hereby declared to bean emergency measure demanding that the rule
<br />requiring ordinances to be read at more than one meeting of the City Council
<br />be suspended, and that this ordinance take effect imruediately from and
<br />after its passage.
<br />
<br />PASSED AND APPROVED this 4th day of August, 1954.
<br />
<br />Ls/ Frank E. Dietterich
<br />MAYOR, City of ~an Marcos, Texas
<br />
<br />I
<br />
<br />ATTEST:
<br />
<br />/s/ Ann Ziemke
<br />t1ty Secretary
<br />
<br />The following resolution wastheri presented to the Council for adoption.
<br />Alderman Allen made a motion that the resolution be adopted. Alderman
<br />Smith seconded the motion. A vote was taken which resulted unanimously
<br />in favor of the motion.
<br />
<br />THE STATE OF TEXAS
<br />
<br />COUNTY OF HAYS
<br />
<br />CITY OF SAN N~HCOS
<br />
<br />On this the 4th day of August, 1954, the City Council of the City of
<br />San Marcos, Texas, convened in regular session at the regular meeting place
<br />in the City Hall with the following members thereof present, to-wit:
<br />
<br />I
<br />
<br />Frank E~ Dietterich, Mayor
<br />Framk D. Hill, Jr.,
<br />Calvin M. Allen;
<br />Harold G. Smith, Aldermen
<br />Coy De Viney,
<br />S.H. Beecroft,
<br />Ann ZieJUke, City Secretary
<br />
<br />and the following absent: None
<br />constituting a quorum present, when, among other proceedings had, were the
<br />following:
<br />
<br />Alderman Allen intrdduced a resolution and moved its adoption. The mo-
<br />tion was seconded by Alderman Smith.
<br />The motion, carrying with it the adoption of the resolution, prevailed
<br />by the following vote:
<br />
<br />AYES:
<br />NOES:
<br />
<br />Aldermen Hill, Beecroft, Smith, Allen, De Viney,
<br />None.
<br />
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