01121955 Regular Meeting - Laserfiche WebLink

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The Mayor announced that the ordinance had been finally passed. I The ORDINANCE Is as follows: AN ORDINANCE AUDITING AND ALLOWING CLAIM FOR INDEBTEDNESS INCURRED IN CONSTRUCTING EXTENSIONS AND IMPROVEMENTS TO THE WATERWORKS SYSTEM AND THE SEWER SYSTEM OF THE CITY OF SAN MARCOS, TEXAS; AUTHORIZING THE DELIVERY OF CITY OF SAN MARCOS WATERWORKS AND. SEWER IMPROVEMENT WARRANTS, SERIES OF 19~~, TO EVIDENCE SAID INDEBTEDNESS; AND DECLARING AN EMERGENCY. ------------------------------------------------------ I WHEREAS, the City Council of the City of San Marcos, Texas, has heretofore by ordinance duly and legally passed on the 15th day of September, 1954, authorized the issuance of CITY OF SAN MARCOS WATERWORKS AND SEWER IMPROVEMENT WARRANTS. SERIES OF 1954, dated September I, 1954, Numbered 1 to 35, inclusive, in the denomination of $1,000 each, aggregating $35,000.00, bearing 3-1/2% interest per annum, and maturing on September 1st, $2,000 in each of the years 1967 to 1970, inclusive, $3,000 in 1971, $5,000 in each of the years 1972 and 1973, and $14,000 in 1974; which ordinance is of record in Book 18, page 22, et seq., of the Minutes of said City Council; and, WHEREAS, the City Council of the City of San Marcos has I heretofore, for and on behalf of the said City, entered into a certain contract with John Meents Construction Company of San Antonio, Texas, for the construction of certain extensions and improvements to the waterworks system and the sewer system of said City, said contract being dated September 16, 1954; and, WHEREAS, said Contractor has presented its claim in the amount of $12,195.70 for services rendered in connection with the construction of such extensions and improvements to the waterworks system and the sewer system of said City, in accordance with said contract between said City and said Contractor dated September 16, 1954; and,