HomeMy WebLinkAboutOrdinance 7439 FIRST AMENDMENT TO SEVENTH S_dPPLEMENTAL ORDINANCE
CITY OF DALLAS ORDINANCE
N 0'. 5 '.
CITY OF FORT WORTH ORDINANCE
NO. .3 I
An. ordinance passed concurrently by the City
Councils , respectively, of the Cries of Dallas and Fort
Worth amending the Seventh Supplemental Regional Airport
Concurrent Bond Ordinance passed concurrently on October
20, 1976 by the City Councils, respectively, of the Cities
of Dallas and Fort Worth; ordaining other natters incident
and relating to the subject and purpose hereof; and declar-
ing an emergency.
WHEREAS, the City Councils , respectively, of the
Cities of Dallas and Fort Worth on October 20, 1976 con-
currently passed the Seventh Supplemental Regional Airport
Concurrent Bond Ordinance authorizing among other things
the authorization, issuance and sale of the Dallas-Fort
Worth Regional Airport Joint Revenue Refunding Bonds , Series
1976, in the aggregate principal amount of $93, 500, 000 ;
and
T,1'FISREAS, Section 3 . 1 of said Seventh Supplemental
Regional Airport Concurrent Bond Ordinance which sets forth
the purpose for which said Bonds are being issued, to-wit
to refund certain Dallas-Fort Worth Regional Airport Joint
Revenue Bonds, incorrectly allocated the numbers of the bonds
being issued to refund each particular series of bonds ; and
MIEREAS, it is deemed necessary and desirable
that said Section 3. 1 be amended to restate the numbers
of the bonds; and
WHEREAS, the City Councils have each found. and
determined as to each that the matters to which this Ordi-
nance relates are matters of imperative public need and
necessity in the protection of the health, safety and morals
the principal of and the interest on the Series 1968
Bonds on the date the Series 1976 Bonds are delivered
to the purchasers thereof, the redemption dateifor the
Series 1968 Bonds , (ii) to provide funds , together with
other lawfully available funds , to pay the principal
of and the interest on the Series 1973 Bonds on Decem-
ber 1, 1976, the r'edemption date for the Series 1973
Bonds , (iii) to provide funds to pay the principal of the
aforementioned Series 1970A Bonds, the redemption prem-
ium thereon, and the interest thereon to November 1,
1981, the redemption date for said Series 1970A Bonds,
and (iv) to provide funds to pay the expenses incurred
in the issuance, sale and delivery of the Series 1976
Bonds. The Series 1976 Bonds are issued as Refunding
Bonds pursuant to and as permitted by the 1968 Ordinance,
and shall be on a parity with the Outstanding Bonds
remaining outstanding.
Section 1. 2. The terms and provisions of the
Seventh Supplemental Regional Airport Concurrent Bond Ordi-
nance other than . expressly amended herein shall remain
in. full force and effect.
PASSED AND CORRECTLY ENROLLED NOVEMBER 8 , 1976 .
11 0 i ty"of Dallas , Texas
(SEAL)
ATTEST:
City Secretary, ity of Dallas ,
Texas
APPROVED AS TO FORM:
op
F- W
C'34K,T Attorney, City of Dallas ,
Texas
Passed November 8, 1976
a,
Mayor Cit of Fort �ti�orth,
Texa Y
(SEAL)
ATTEST:
C Secretary, City of F rt
Worth, Texas
APPROVED AS TO FORM AND LEGALITY:
City ttorney, City of Fort
Worth, Texas
. ...
THE STATE OF TEXAS
COUNTY OF DALLAS
CITY OF DALLAS
The City Council convened in Regular Meeting on
this the 8th day of November, 1976 , with the following present:
Mayor Bob Folsom
Mayor Pro Tem Adlene Harrison
Deputy Mayor Pro Tem L. A. Murr
Councilman Bill Blackburn
Councilman William E. Cothrum,
Councilwoman Juanita Craft
Councilman John N. Leedom
Councilman William F. Nicol
Councilwoman Lucy Patterson
Councilwoman Rose Renfroe
Councilman Richard F. Smith
with the following absent: None, constituting a quorum, at which
time the following , among other business , was transacted:
Councilman Blackburn introduced an ordinance and moved
its passage . The motion was seconded by Councilman Smith. The
motion was carried unanimously.
ROLL CALL ON MOTION :
AYES : Folsom, Harrison, Murr, Blackburn, Cothrum,
Craft, Leedom, Nicol , Patterson, Renfroe ,
and Smith
NAYS : None
ABSENT: None
Motion carried--Ordinance passed.
The Ordinance as adopted is as follows :
THE STATE OF TEXAS
COUNTY OF TARRANT
CITY OF FORT WORTH
On the 8th day of November, 1976, the City Council of
the City of Fort Worth, Texas , convened in Regular meeting
with the following members present, to-wit :
Clif Overcash, Mayor
Joe Bruce Cunningham,
Jim Bradshaw,
John J. O 'Neill,
Hugh Partner,
Woodie W. Woods, Councilmen,
Richard C. Newkirk,
Henry A. Meadows ,
Margret Rimmer,
Rodger N. Line, City Manager,
S. G. Johndroe, Jr. , City Attorney,
Jack W. Green, City Secretary,
with the following members absent:
with more than a quorum present, at which
time the following, among other things was transacted, to-wit:
., un
Councilman"6Ua464M, introduced an ordinance
and moved that it be passed. The motion was seconded by
CouncilmanT4. The ordinance was read by the City
Secretary. The motion, carrying with it the passage of
the ordinance, prevailed by the following vote:
AYES:
NOES:
ABSENT: � ,► �..�
The ordinance, as passed, is as follows :
P7101!""', City of For Texas
Lim," Mayor and Council Communication
DATE IIEFIIII14NCE susjrecT. Ordinance Amending the Seventai 14UMB Supplemental Regional Airport Concurrend
IVO, 11/8/76 G-3218 on Ordinance No. 7431" dopt 4Ld.
1 of
October 2 76
Ordinance No. 7431 contained the numbers of bonds allocated to each series
being refunded. It has now been determined that a restatement needs to be
made of the numbers of bonds allocated to each series being refunded.
Recommendation
It is recommended that an ordinance be adopted amending Ordinance No. 7431,
passed by the Council on October 20, 1976.
SUBMITTED BY: o1spovy BY COUNCIL., PROCESSED BY
OTHER (09SCRIBE) en
071"SEC R"C'MWY
DOE
CITY MANAGER 11, j , '? (.
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