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05.18.1951 CC Minutes61 MINUTES OF THE SPECIAL MEETING OF THE CITY COUNCIL OF THE CITY OF KENNEDALE, TEXAS, ON, MAY 18, 1951. 1. The meeting was duly called to order at 8x00 P. M. by the Mayor. Upon a roll call of councilmen, Gouacilmen Evans, Turner, Winters, Middleton, Morris and Mayor Webb were present, all councilmen, including Mayor, having signed and'; executed a waiver of notice of this said meeting, the same being called for the purpose of acting upon a resolution to determine whether or not a water bond election would be called in the City of Kennedale, Texas. 2. Upon motion duly made :.: by Councilman Evans and seconded by Council- msa Turner, the following resolution was adopted by the following vote, to-wits In favor of the said resolution: -Councilmen Evans, Turner, Winters, Morris and Mayor Webb; Voting against the said resolution: None; and abstain;n9 and not voting: Councilman Middleton. A RESOLU`PION CALLING AN ELECTION ON THE QUESTION OF THE ISSUANCE OF ~b5,000.00 WATERWORKS SYSTEM RE"VEI~tTE BONDS. AND ON THE QUESTION OF THE ISSU- ANCE OF X65,000.00 WATERWORKS .SYSTEM BONDS. WHEREAS, the City Council of the City of Kennedale, Texas, deems it advisable to issue the bonds of the said City for the purposes hereinafter mentioned; BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF F~IEDALE, TEXAS.: 1. That an election be held in said City of Kennedale, Texas, on the 9th day of June, 1951, at which election the following pro- positions shall be submitteds PROPOSITION N0. 1 t~Sha11 the City Council of the City of Kennedale, Texas, be authorized to issue the bonds of said City in the amount of ~b5,000.00, maturing serially in such installments as may be fixed by the City Council, the maxi~mun',maturity being not more than Forty (1.~0) years from their date, bearing interest at a rate of not to exceed Flue (5~) per cent per annum, for the purpose of constracting a Waterworks System for said City, to be' issued in accordance with and secured in the mannerkprovided in Articles 1111-1L18, both in- clusive, of the Revised Civil Statutes of Texas, 1925, as amended, ~~ each bond to be conditioned that the holder thereof shall never have the right to demand payment of said obligation out of funds raised or to be raised by taxation, secured by a pledge of the net revenues from the operation of the Cityt s Watert~torks System.. tr PROPOSITION N0. 2 "Shall the City Council of the City of Kennedale, Texas, be authorized to issue the bonds of said City in the stmt of X65,000.00, maturing serially in such installments as may be fixed by the City Council, the maxim,nn mattu~ity being not more than Forty (1N0) years from their date, bearing interest at a rate not to exceed Five (5~) per cent per anntm~, payable annually or semi-annually, and to levy a tax sufficient to pay interest as it accrues and principal as it matt:.res on said issue of bonds, for the purpose of constructing a Waterworks System for said City, as authorized by the Constitution and laws of the State of Texas." 2. That said election shall be held at the City Hall, within said City, and the following named persons are hereby appointed directors of said election, to-wit: J. C. Foust, Presiding Judge, Sue Williamson, Judge, Allene Langford, Clerk, Elvis Warren, Clerk. 3. The said election shall be held tinder the provisions of Chapter 1, Title 22 of the Revised Civil Statutes of 1925, as amended, including the provisions of Article 70~., as amended by Chapter 382, passed at the First Called Session of the Forty Fourth Legislature, and only legally qualified electors who otAm taxable property in the City and who have duly rendered the same for taxation shall be qualified to vote. 4•~e ballots for said election sha]1 have written or printed thereon the following: PROPOSITION N0. 1 "FOR TAE ISSUANCE OF WATERWORKS SYSTEM REVEbTUE BONDSn "AGAINST THE ISSUANCE OF WATEE~WORKS SYSTEM RE'VIIJUE BONDSn PROPOSITIOIiT N0. 2 'TFOR THE ISSUANCE OF WATERWORKS SYSTEM BONDS" ttAGAINST THE ISSUANCE OF WATER~IORKS SYSTEM BONDS" Each voter shall mark out with black ink or black pencil one of the above expressions on each proposition, thus leaving the other as indicating his vote on such propostitions. •. r. ~ wM 6.1~ K. ~' t. s~ 5• A substantial copy of this resolution signed by the Mayor of said City and attested by the Gity Secretary shall serve as proper notice of said election. Atotice shall be given ixi accor- dance with Article 704, Revised Civil Statutes of 1925, as amended by Chapter 382, passed at the First Called Session of the Forty Fourth Legislature, supra. The Mayer is authorized and directed to have a copy of said r~tice posted at the City Hall and at two other public places within said City not less than fifteen days prior to the~date fixed for holding said election. He shall also cause said notice to be published on the same day in each of two successive weeks in a newspaper of general circulation published within said City, the date of the f3.rat,p:tblication to be not less than fourteen days prior to the date set for said election. Except as otherwise provided in said Article 704, as amended, the mariner of holding said election shall be governed by the laws goveri~ing general. elections. 3.~ Councilman Middleton subm3.tted to the City Council his resignation as a mea-ber of the City Council. The same was received aad filed and is herewith attached. 4. Upon motion duly made, seconded and carried, the meeting adjourned at 9:30 P. M. 1 ATTEST: ADOPTED /~ 7 ~.r/~ ~r City Secretary This is to certify that the foregoing minutes axe the true and correct minutes of the meeting of the City Council of Kennedale, Texas, held on May 1$, 1951. Given under my hand and the seal of Kennedale, Texas, this 18th day of May, 1951. City Secretary 1