MINUTES OF THE CITY COUNCIL CITY OF AUSTIN, TEXAS Regular Meeting October 02, 1958 10:00 Α. Μ. Council Chamber, City Hall The meeting was called to order with Mayor Miller presiding. Roll call: Present: Absent: Councilmen Long, Palmer, Pearson, White, Mayor Miller None * * * Mayor Miller introduced the following ordinance: AN ORDINANCE AMENDING SECTION 7 OF ORDINANCE NO. 580918-A ENTITLED: "AN ORDINANCE AUTHORIZING THE ISSUANCE OF THE BONDS OF THE CITY OF AUSTIN, TEXAS, TO THE AMOUNT OF ONE HUNDRED FIFTY THOUSAND DOLLARS ($150,000.00) FOR THE PURPOSE OF CONSTRUCTING AND IMPROVING PUBLIC PARKS AND PUB- LIC PLAYGROUNDS, AND FOR CONSTRUCTING, IMPROVING AND REPAIRING BUILDINGS AND OTHER RECREATION FACILITIES OF SAID PARKS AND PLAYGROUNDS OF THE CITY OF AUSTIN, AND FOR ACQUIRING NECESSARY LANDS AND EQUIPMENT THEREFOR; PROVIDING FOR THE PAYMENT OF SAID BONDS; AND DECLARING AN EMERGENCY," WHICH ORDINANCE WAS PASSED BY THE CITY COUNCIL OF THE CITY OF AUSTIN, SEPTEMBER 18, 1958, IS OF RECORD IN BOOK 58, OF THE ORDINANCE RECORDS OF THE CITY OF AUSTIN; AND AMENDING SECTION 7 OF ORDINANCE NO. 580918-B, ENTITLED: "AN ORDINANCE AUTHORIZING THE ISSUANCE OF $1, 100,000.00 'CITY OF AUSTIN, TEXAS, GENERAL OBLIGATION BONDS, SERIES NO. 229', DATED OCTOBER 1, 1958, FOR THE FOLLOWING PURPOSES TO-WIT: $600,000.00 (BEING THE THIRD PARCEL OR INSTALLMENT OF A TOTAL VOTED AUTHORIZATION OF $1,200,000.00 BONDS) FOR THE PURPOSE OF IMPROVING MUNICIPAL AIRPORT FACILITIES; AND $500,000.00 (BEING THE THIRD PARCEL OR INSTALLMENT OF A TOTAL VOTED AUTHORIZATION OF $4,850,000.00 BONDS) FOR THE PURPOSE OF CONSTRUCTING AND IMPROVING STREETS, BRIDGES AND DRAINAGEWAYS; PRESCRIBEING THE FORM OF THE BONDS AND INTEREST COUPONS; LEVYING A CONTINUING DIRECT ANNUAL AD VALOREM TAX ON ALL TAXABLE PROPERTY IN THE CITY TO PAY THE INTEREST ON SAID BONDS AND TO CREATE A SINKING FUND FOR THE REDEMPTION THEREOF; PROVIDING FOR THE ASSESSMENT AND COLLECTION OF SUCH TAXES; ENACTING PROVISIONS INCIDENT AND RELATING TO THE PURPOSE AND SUBJECT OF THIS ORDINANCE; AND DECLARING AN EMERGENCY, " WHICH ORDINANCE WAS PASSED BY THE CITY COUNCIL OF THE CITY OF AUSTIN SEPTEMBER 18, 1958, AND IS OF RECORD IN BOOK 58 OF THE ORDINANCE RECORDS OF THE CITY OF AUSTIN; AND AMENDING ORDINANCE NO. 580918-C ENTITLED: "AN ORDINANCE AUTHORIZING THE ISSUANCE OF THE BONDS OF THE CITY OF AUSTIN, TEXAS, TO THE AMOUNT OF ONE MILLION TWO HUNDRED FIFTY THOUSAND DOLLARS $1,250,000.00) FOR THE PURPOSE OF CONSTRUCTING A LOW WATER DAM IN AND ABOUT THE CHANNEL OF THE COLORADO RIVER, AND CREATING A RESERVOIR OF WATER IN SAID RIVER, AND FOR CONSTRUCTING A HYDRO-ELECTRIC POWER PLANT AND EQUIPPING THE SAME, AND FOR ACQUIR ING NECESSARY LANDS AND OVERFLOW RIGHTS, AND FOR PERMANENTLY IMPROVING SAID DAM, RESERVOIR, ELECTRIC WORKS AND LANDS, PROVIDING FOR THE PAYMENT OF SAID BONDS; AND DECLARING AN EMERGENCY," WHICH ORDINANCE WAS PASSED BY THE CITY COUNCIL OF THE CITY OF AUSTIN SEPTEMBER 18, 1958, AND IS OF RECORD IN BOOK 58 OF THE ORDINANCE RECORDS OF THE CITY OF AUSTIN; AND DECLARING AN EMERGENCY. The ordinance was read the first time and Councilman Long moved that the rule be suspended and the ordinance passed to its second reading. The motion, seconded by Councilman Pearson, carried by the following vote: Councilmen Long, Palmer, Pearson, White, Mayor Miller Ayes: Noes: None The ordinance was read the second time and Councilman Long moved that the rule be suspended and the ordinance passed to its third reading. The motion, seconded by Councilman Pearson, carried by the following vote: Ayes: Councilmen Long, Palmer, Pearson, White, Mayor Miller The ordinance was read the third time and Councilman Long moved that the ordinance be finally passed. The motion, seconded by Councilman Pearson, carried by the following vote: Ayes: Councilmen Long, Palmer, Pearson, White, Mayor Miller Noes: None The Mayor announced that the ordinance had been finally passed. * * * There being no further business, the Council adjourned at 11:30 A. M., subject to the call of the Mayor. ATTEST: /s/ Grace Monroe APPROVED /s/ Tom Miller Mayor Deputy City Clerk