03101955 Regular Meeting - Laserfiche WebLink

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,. II ' ! - The Mayor announced that the ordinance had been finally passed. The ordinance is as follows: J AN ORDINANCE AUDITING AND ALLOWING CLAIMS FOR INDEBTEDNESS INCURRED IN THE CONSTRUCTION OF EXTENSIONS AND IMPROVEMENTS TO THE WATERWORKS SYSTEM OF THE CITY OF SAN MARCOS, TEXAS; AUTHORIZING THE DELIVERY OF CITY OF SAN MARCOS WATERWORKS IMPROVEMENT WARRANTS6 SERIES OF 1954, TO EVIDENCE SAID INDEBTEDNESS; AND DE LA RING AN EMERGENCY. WHEREAS, heretofore on the 28th day of April, 1954, the City Council of the City of San Marcos, Texas, passed an ordinance authorizing the issuance of warrants in the principal sum of $25,000.00, for the purpose of evidencing the indebtedness of said City to be incurred in the construction of extensions and improvements to the waterworks system of said City, including engineer's fee in connection therewith; such warrants to be known I as CITY OF SAN MARCOS WATERWORKS IMPROVEMENT WARRANTS, SERIES OF 1954, dated May 15, 1954, Numbered 1 to 25, inclusive, in the denomination of $1,000 each, bearing 3-1/2% interest per annum, and maturing on May 15th, $3,000 in each of the years 1960 and 1961, $5,000 in 1962, $7,000 in 1963, $2,000 in each of the years 1964 and 1965, and $3,000 in 1966, which ordinance is of record in Book 17, page 135, et seq., of the Minutes of the City Council; and, WHEREAS, the following claims, duly verified, have been presented to the City Council of said City: DATE CLAIMANT 12-31-54 Pittsburgh..,Des Moines Steel Co. 1-27-55 Pittsburgh-Des Moines Steel Co. I 2-10-55 John Meents Construc- tion Co. Cyclone Fence Co. Magee Electric Co. 12-31-54 Frank T. Drought PURPOSE AMOUNT Estimate No. 1 Contract dated July 12, 1954..... .$11,656.80 Estimate No. 2 (Final) Contract dated July 12, 1954. 9,420.71 Making connection to elevated Tank.... 150.00 Fencing-water plant. 1,234.00 Lights for elevated water tank.......... 175.76 Engineering and supervision......... 1,362.73 TOTAL............. .$24,000.00