HomeMy WebLinkAboutORD 483 - ORD Authorizing The Delivery of Time Warrants
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ORDINANCE NO~ 483
AN ORDINANCE AUTHORIZING THE DELIVERY OF TIME WARRANl'S
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WHEREAS, The Layne-Texas Company, Ltd. has present.ed its Estimate'
No. 2 in the total sum of $10,000 under its contract with the City of West
University Place approved by the City Commission on May 9, 1949, for dril-
ling, developing, and producing one gravel water well and furnishing and
~nstalling a deep well pump with electric motor and installing a booster
pump with an electri c motor; and
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WHEREAS, said Estimate No.2 and the claim based thereon have
been approved by the City Engineer, and the City of West University Place
has received the full benefit of the work performed under said contract to
the full extent. of said claim; and no person, firm, corporation or trust
estate has given notice in writing, or otherwise, to said city" or to any
official thereof, of any liens for any material, apparatus, fixtures, machin-
ery or labor furnished to said contrac'tor, as provided by Chapter 17, Acts
of 1925 (Article 5472-a, Vernon's 1925 Statutes), or any other law; and
, further, that the cit,y does not hold a claim of any kind or character against
said contractor which might be properly charged or interposed as an offset
or countercla~ to the payment of the aforesaid estimate and claim; and
WHEREAS, it is now just and proper to deliver $10,000 in principal
amount of the City of West University Place Waterworks Improvement Time
Warrants, Series, 1949, to evidence the indebtedness of the city for the
benefi ts received under said contract; Therefore
,BE IT ORDAINED by the City Commission of the City of West University
Place, Texas:,
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Section 1: That the final claim of The Layne-Texas Company, Ltd.
representing the amount due on the contract based on Estimate No. 2 in the
amount of $10,000 be, and the same is, hereby approved and allowed.
Section 2: That for the purpose of evidencing the city's indebted-'
ness for work done under said contract as shown by Estimate No.2, there
shall be executed and delivered to The Layne-Texas Company, Ltd., War-rants
Nos. 26 to 35, both inclusive, of the Cit,y of West University Place Water.;.
works Improvement Time Warrants, Series 1949, aggregating $10,000.
PASSED AND APPROVED this 22nd day of August, 1949.
Mayor,
ATTEST:
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