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<br />- , <br /> <br />The Il'J:ayor announced that the ordinance had been finally <br /> <br />passed. The ordinance is as follows: <br /> <br />1 <br /> <br />AN. ORDINANCE <br /> <br />AUDITING AND ALLOWING CLAII1S POR INDEBTEDNESS INCURRED <br />IN THE PURCHASE OF AUTOMOTIVE EQUIPMENT AND STREET <br />!f!ACHINERY FOR, THE CITY OF SAN JI1ARCOS, TEXAS, AND AUTH- <br />ORIZING THE DELIVERY OF CITY OF SAN MARCOS AUTOMOTIVE <br />EQUIPMENT AND STREET MACHINERY WARRANTS TO EVIDENCE <br />SAID INDEBTEDNESS; AND DECLARING AN EMERGENCY. <br /> <br />'vlHEREAS, the City Council of the City of San Marcos, Texas, <br />has heretofore on June 30, 1954, passed an ordinance authorizing <br />the issuance of $35,000.00 CITY OF SANIIlARCOS AUTOl10TIVE <br />EQUIPMENT AND STREET MACHINERY WARRANTS, dated August 1, 1954, <br /> <br />! .' <br /> <br />Numbered 1 to 35, inclusive, in the denominq,tion of $1,000 each, <br />bearing 3-1/2% interest per annum, and maturing on August 1st, <br />$2,000 in each of the years 1962 to 1966, inclusive, and $5,000 <br />in each of the years 1967 to 1971, inclusive, for the purpose of <br /> <br />evidencing the indebtedness of the City of San 11arcos, Texas, <br /> <br />to be incurred in purchasing automotive equipment and street <br /> <br />machinery for said City, which ordinance is of record in Book <br /> <br /> <br />17, page 244, et seq., Minutes of the City Council; and, <br /> <br /> <br />vlHEREAS, on JuneJO, 1954, and July 21, 1954, the City <br /> <br />Council, for and on behalf of the City of San Marcos , entered <br /> <br />into contracts for the purchase of certain automotive equipment <br /> <br />and street machinery; and, <br /> <br />WHEREAS, the City Council finds and determines that said <br /> <br />automotive equipment and street machinery has been ,delivered to <br />the City of San Marcos and has been inspected and found <br />acceptable; and that the contractors have complied with all the <br /> <br />I <br /> <br />terms and conditions of said oontracts;and, <br /> <br />WHEREAS, the following claims , duly verified, have b,een <br /> <br /> <br />presented to the City Council of said City: <br /> <br />~ <br />