1201 ORD PROVIDING FOR PURCHASE FROM US GOVERNMENT OF WATER TREATMENT PLANT ETCOrdii_unce lvuribe:r
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7.~li.i:1 TL.~:J 1..lu PAY......:.J_\ 1 (Jl'_ Z1ITLHi:,~,7T T..itL.L~:.Ql\ ♦
The Un9.t:=c1 atates GoJerri::ient iias orfPred
to sell ana conv°y to tiie jit,, of r'aris, 'rexas, the
water traatment plant, ' pujajD station aid certaz:i
valves anu fix-- hydrar_ts connecteci t::iera:viti. ar.a tor-
;aerly uqed at i:amu .,.axey, 'T'exfLs, in connectiori t:.e -,J~-?tsr
systom of tl:e ~;ity oi <ind
there is a necessityr Ior t~ie enl:ar e ~nent
an(J. improvP.2ent of the water system of tiio City of i'aris
in order to provide aaequate i'it•e ~rotection for said
City and to fur:-~isn suftieient -.,ater for the inliabitants
t iie r-1 of , fAnd
1#4:11LL:w__~6, it is to tLe best
Paris ti~at sacii water treatmer.t
pipes, valves anu fire hydr.-ant s
and benefit of the City of Pari
i:terest of the Gity of
plunt, pu,_ir station,
be -a:cc'a::sed for t;ie use
ti , a nc:l
, it is necessary t~.lat ti~:~:e 1.rarrints be is-
`R::r:~6
sued by tlze ~;ity of Paris in puyz.leilt for tlie proy)ertlT
co,ivc;yee to it by tlie dnit;,' :~tatc;s uovern.ient ana
tnat a tax be lavied and collec;tAd en a11 taxable _)rul,-
erty I+17.'f .113 Sa1.C1 C1t57 SLlUj@Ct tO tt1Y.3tlOi1 i:0 Tpt-11° SUC:1
tiine i;arrants and to pay tiie irlterest t:iersof, and
.~'rIH:ct::i%.6, in accordance r:itr.i resolution oi' taie City
Gouncil of tiae C"ity of Paris duly u<.ssed ana adopted iiz
regular A::eetirig t;:iereo-117 on the 25th day of July, 1949,
the i;iayor of' tne City of i'aris has caused to be published
in tl;e Paris l:ews, u notice oi the int3rltion 0'L t:ne Oit;/
of Paris to nurc.lase f'ro:-i the Jni+ed ~tates GoverTnient
tiie property iierein set out on xLugust 11, 1949, and to
issue ti_~e warrants in p4yiaont 1or sueh Dro,_-~erty, wi.icil
not.ico :.as oiiblished on t tle 26t Ii dav of Tuly, 1949, and
on t'rie lst uay of ~.ugust, 1949, and was in all resiect,
in conformity wit:i ti-ie i;rovisions oi the lutv coverziis.;;
sucii notices, and r~o petition to tiie 6over:.:in;_ body of
t..le City of t'aris requ,Jstinc; tiie sub.:issioaa to a refer-
endum vot e t ie quest ion as t o tivne tner suc_. pro;oerty
should be purc n.used or as t o vaiiet ;:le r t i::e -..ai rant s in
payment t:lerefor shoul_o, be issued has been fil°a by the
qualifieu voters of sai - City as requirPLi byl 1Lvr,
p i:1: i: 0 UId C T L
l~IV 1.+LL~~J. J~.LJ~ LL .~.1
~ F T~. .,E V .Lrl"y oY z.iAT S:
1, r1'hat the Vit
States Governiaeat the
certain pi)es, valvea
at Camp 14axey, `t'exas,
systera of the City of
cost stated, to-wit:
y of Paris nurchase tro-ci tiie 'Jnited
vJater treatment plant, pump ststion,
and fire hyarants for;:serly in use
in connection vVitii the waterworks
Paris, sr:t out herein and at the
'.iater
tre:ati::ient pl`nt
6,510.60
Punip
station
(Bldg. 122-100)
69000.00
Pipe
for ;;ater ssrstem:
1850
feet 20
inc::i cast
iron
t) i;~e
5,483.40
6000
feet 16
inch cast
iran
pi?e
1,032.00
3000
feet 12
incli cast
iron
pi.)e
4,014.00
12590
feet 10
inch chst
iron
pipe
1~?,161.94
1500
:t'eet 8
inch cast
iron
~)ipe
1,017.00
5000
feet 6
inch c3st
iron
pipe
2,100.00
2
20-inch
valves
120.00
4
12-inch
valves
76.68
10
10-inc'a
valves
1,14.72
15
6-inch
valves
81.00
50
fire hydrants
1,687.50
Total
40,428.84
2. That t~ie ..'ayor oi tae ~;ity of Paris, in behalf
oi t;ze City of Yaris, be, and lie is Aereoy autiio.rizeci
ana directed to executo a coiitract oi purenase ti;ith t}ze
uni-te3 ~tates i~overni:ient for ttie propert3r nereinabove
described, anci the City Uleric snall ;~.ttest sa_ne, tne
total purchase price :'or such proparty beinJ 1,'OR'1'Y
THC1U53'1<:U i+'UJ_t a1.d 84/100 DOLI,i~HS.
(440,428.84).
3. That t i.,ie T•rarrant s of tne i:it J of 1'aris, 1exas,
be issued for tiie payzaent of tne purchase price of tile
above-described pro.perty as follows:
No. One fvr the sum of ~;8,085.76, dated l:ugust 11,
1949, nayable to bearer, aue or_ er before "ugust
11, 1950, beariag intarest irorn date until oaid at
tlie rate oi four Der cent (4%) per atinura.
ido. Ttiao for ti_° suns of 9-8,085.76, dated riugust 11,
1949, payab3e to bearer, due on or bef'ore .,u~;ust
11, 1951, bearin~,- interest from uate until paid at
t1ie rate of four ~-)er cent (4;~) y;er annus_l.
i~o. Three ior the sum of ;,;:8,085.76, dateci ,ugust 11,
1949, payuble to bearer, d.ue on or before ..ugust 11,
19529 bearin~_: interest Pr<,,a .~ute u-;til naid at t~ze
rate of four ier cent per anz:ium.
bo. Four for t_he su:n of .;e~8,085.76, dated -ugust 11,
1949, payable to bearer, a-Lze ~n or before .:!.uoust
11, 1953, Uearing interast i'ro::i 4ate uiitil paid at
tAe rate of four per cent (4~6) per annumo
i~o. Five Por the sun of 48,085.$0, dated "uEust 11,
1949, -):yable to bearer, due on or before .,ugust
11, 1954, bearinE interest 1roil'i date un 'uil paid at
tiie rate of four per cent (4%) per annura.
Interest on eacn warranu- is payabla annually.
4. That tAere shall be, and is hereby levied for
the year 1949 a~ld orderea to be collected a tax o~ ;~0.075
on each and every G1l-E RE", "OLL_~R.: (~100.00 ) of the
assessed valuation of all property oi every ctescription
subjeet to taxation iiitizin the corporate limits of tae
City of 2ari; tor pay'in,n, interest and ereating a sinking
fuiid for t:ae above described t?rae warrants, tax shall be levied
and collected annually until such warrant s are paid in full.
r',,~.SSEU by the City Council of tne City of ?aris in
snecial session tizis t;ae llth day of August, 1949.
ATTEST : liIayor
City Clerk