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
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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
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ABSENT: None
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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
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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.
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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
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