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HomeMy WebLinkAboutResolution 1031 +� TUESDAY DECEMBER 18 19$4. Resolution N0: 1028 conti That the proposed amendments and changes and this hearing will be held in accordance with the provisions of Articles 101la-1011k of the Revised Civil Statutes of Texas. BE IT FURTHER RESOLVED that this Resolution, when published in the Official newspaper of the City of Fort Worth, which is a paper of general circulation, one (1) time, shall constitute a notice of hearing, which publication shall be made at least fifteen (15) days j prior to such hearing, and all interested p g, parties are urgently requested to be in the Council Chambers at the Municipal Building at the time hereinabove set forth to make any protest or suggestion that may occur to them, and this hearing may continue from day to day until every interested party and citizen has had a full opportunity to be heard. Introduced Resolution I Council Member Wetherby introduced a resolution and made a motion that it be No. 1031 authorizing adopted. The resolution was seconded by Council Member Johnson. The resolution was Continental Nat'l Bank read by the City Secretary. The motion, carrying with it the adoption of said to exchange securities If resolution, prevailed by the following vote: AYES: Mayor Bolen; Mayor Pro tempore Stute; Council Members Zapata, Johnson, Lancaster, Williams, Wetherby, Newkirk, and Bagsby iVt NOES: None { ABSENT: None �i The resolution, as adotped, is as follows: Resolution No. 1031 RESOLUTION NO. 1031 "Whereas, heretofore, under date of December 24, 1984, the Federal Reserve Bank of Dallas issued to City of Fort Worth Depositor, and Continental Natinal Bank, Depository, the Joint Safekeeping Receipt of Advice of Deposit or receipts covering certain securities; and "Whereas, both the Depositor and Depository now desire the Federal Reserve Bank of Dallas to permit a substitution of certain securities, or a withdrawal of securities, which it now holds, as hereinafter more fully set forth; and "Whereas, the securities, if any, hereinafter mentioned, which the above named parties desire to substitute in lieu of those heretofore placed in safekeeping with the Federal Reserve Bank of Dallas, meet with the requirements of law and have been and are hereby approved; and "Whereas, the securities, if any, hereinafter mentioned, which the above named parties wish to withdraw, are entitled under the law to be withdrawn; "Now, therefore, be it resolved: That the federal Reserve Bank of Dallas be and it is hereby requested and authorized to surrender the following securities heretofore placed with it for safekeeping by the above named parties, to-wit: RECEIPT NO. DESCRIPTION PAR VALUE 912827 Q54 11 3/4% U.S. Treasury Notes due 4-30-86 $5,000,000.00 and to receive in lieu thereof the following securities, which are hereby in all respects approved: DESCRIPTION PAR VALUE 912827PY2 10 7/8% U.S. Treasury Notes due 9-30-85 $3,000,000.00 912827QE5 10 1/2% U.S. Treasury Notes due 11-30-85 $3,000,000.00 13 "Be it further resolved: That the Federal Reserve Bank of �? Dallas be and it is hereby authorized to deliver the securities described herein to the substituted for or withdrawn to MBank, of Fort Worth or its order." Authorized InterFirst There was presented correspondence from InterFirst Bank Fort Worth, N.A., Bank FW to exchange requesting that the City Council authorize the following subsitution of securities securities held in pledged to secure City of Fort Worth's deposits held in safekeeping by Texas American safekeep ing by TX Bank: American Bank Accept: $3,000,000 U.S. Treasury Notes 11-7/8% 9/30/86 CUSIP 912827RF1 I r i TUESDAY, DECEMBER 18, 1984 Release: �I $ 500,000 Tarrant Co. TX Comb Wtr Rev 4.50% �I 03/01/87 CUSIP 876417HMI Receipt #260475 160,000 Fort Worth, TX W&S REv 6.25% 03/01/87 CUSIP 349514RQ4 Receipt #255794 500,000 Tarrant Co. TX WC&ID #1 Comb Wtr REv 4.55% 03/01/88 CUSIP 876417HN9 Receipt #260472 430,000 Fort Worth, TX Gen Purpose 6.00% 03/01/88 CUSIP 349424ZM6 Receipt #255797 360,000 Fort Worth TX San SS&SD Plant 6.00% 3/01/88 CUSIP 349424ZM6 Receipt $255823 140,000 Fort Worth, TX W&S Rev 6.501 3/01/88 CUSIP 349514QR3 Receipt #236918 160,000 Fort Worth, TX W&S Rev 6.20% 3/01/89 CUSIP 349514RSO Receipt #255796 500,000 Tarrant Co. WCID Comb Wtr Rev 4.60% 3/01/89 CUSIP 876417HP4 Receipt #260473 140,000 Fort Worth, TX W&S REv 6.50% 3/01/89 CUSIP 349514QSI Receipt #236920 ij 140,000 Fort Worth, TX W&S REv 6.50% j 3/01/87 CUSIP 349514QQ5 Receipt #236917 It was the consensus of the City Council that the request of InterFirst Bank Fort Worth, Inc., be approved. I 4uthorized InterFirst There was presented correspondence from InterFirst Bank Fort Worth, N.A. Bank FW to release j requesting that the City Council authorize the release of $305,000.00 Fort Worth Water d Sewer Revenue Bonds 4.80% due 3/1/87, CUSIP 349514MS5 pledged to secure City securities held in safe- an � p 9 y of keeping by Texas America Fort Worth's deposits and held in safekeeping by Morgan Guaranty Trust Company, New Bank York, New York. It was the consensus of the City Council that the request of i InterFirst Bank Fort Worth, N.A., be authorized. Adopted Ord. No. 9248 It appearing to the City Council that Ordinance No. 9248 was adopted on on 2nd & final reading ( November 13, 1984, annexing on first reading 608.663 acres in North Marine Creek nnexing 608.663 acres I Addition and that said ordinance was published in the Fort Worth Star-Telegram, the in North Marine Creek I official newspaper of the City of Fort Worth, Texas, on November Tb-I79T,_rounci1 Addition I Member Zapata introduced Ordinance No. 9248 and made a motion, seconded by Council Member Wetherby, that Ordinance No. 9248 be adopted on second and final reading annexing 608.663 acres in North Marine Creek Addition. The ordinance was read by the p City Secretary. The motion, carrying with it the adoption of said ordinance, prevailed by the following vote: AYES: Mayor Bolen; Mayor Pro tempore Stute; Council Members Zapata, li Johnson, Lancaster, Williams, Wetherby, Newkirk, and Bagsby !I NOES: None I I� ABSENT: None { The ordinance, as adopted, is as follows: Ordinance No. 9248 ORDINANCE NO. 9248 AN ORDINANCE DECLARING CERTAIN FINDINGS; PROVIDING FOR THE EXTENSION OF CERTAIN BOUNDARY LIMITS OF THE CITY OF FORT WORTH; } PROVIDING FOR THE ANNEXATION OF A CERTAIN 608.663 ACRES (0.949 SQUARE MILES) OF LAND, t� MORE OR LESS, WHICH SAID TERRITORY LIES ADJACENT TO AND ADJOINS THE PRESENT f� CORPORATE BOUNDARY LIMITS OF FORT WORTH, TEXAS; PROVIDING THAT THE TERRITORY q� ANNEXED SHALL BEAR ITS PRO RATA PART OF j TAXES; PROVIDING THAT THE INHABITANTS THEREOF SHALL HAVE ALL THE PRIVILEGES OF ALL THE CITIZENS OF FORT WORTH, TEXAS; PROVIDING THAT THIS ORDINANCE SHALL AMEND EVERY PRIOR ORDINANCE IN CONFLICT HEREWITH; PROVIDING THAT THIS ORDINANCE SHALL BE CUMULATIVE OF ALL PRIOR ORDINANCES NOT IN DIRECT CONFLICT; PROVIDING FOR !i SEVERABILITY AND NAMING AN EFFECTIVE DATE. ! WHEREAS, a public hearing before the City Council of the City of Fort Worth, Texas, wherein all interested persons were provided an opportunity to be heard on the proposed annexation of the territory hereinafter described, was held in the City Council Chambers, on the 9th day of October, 1984, which date is not more than forty (40) days nor less than twenty (20) days prior to institution of annexation proceedings; and i