1973-12-04 CC Packet196
F
ORDINANCE NO. 207
AN ORDINANCE RECEIVING AND ANNEXING TERRITORY
ADJACENT AND CONTINCUOUS TO THE CITY OF SOUTH-
LAKE, TEXAS; PROVIDING THAT SUCH AREA SHALL
BECOME A PART OF SAID CITY AND THAT THE OWNERS
AND INHABITANTS THEREOF SHALL BE ENTITLED TO
ALL THE PRIVILEGES OF THE OTHER CITIZENS OF
SAID CITY, AND BE BOUND BY THE ACTS AND ORDIN-
ANCES NOW IN EFFECT AND TO BE HEREAFTER ADOPTED;
FURTHER PROVIDING FOR AMENDING AND CORRECTING
THE OFFICIAL BOUNDARIES OF SAID CITY AS HERETO-
FORE ADOPTED AS AMENDED AND DESIGNATING THE
ZONING AS "AG" DISTRICT: AND PROVIDING FOR AN
EFFECTIVE DATE.
WHEREAS, pursuant to the provisions of the Acts of 1953,
53rd Legi,plature, Page 357, Chapter 93, codified as Article
974-G Revised Civil Statutes of Texas, Bill Massey, President
of Bill Massey Furniture, Incorporated, a corporation of Dallas
County, Texas, owners of the real property hereinafter described,
having made application as by law provided to the Mayor and City
Council of the City of Southlake, Texas, for annexation of a
tract of land situated in Tarrant County, Texas, out of the
Reis D. Price Survey, Abstract No. 1207, more particularly
described by metes and bounds as follows:
BEGINNING at the iron pin, said point being 267.0 feet
North of the Northwest corner of the J.W. Chivers Survey;
THENCE North along a fence 956.6 feet to a set stone
for corner;
THENCE S. 890 - 10' W. 1367.8 feet to a pipe for corner;
THENCE S. 870 - 58' W. 116.4 feet to an iron pin in
the Easterly line of County Road No. 3016;
THENCE S. 430 - 40' E. along Easterly line 117.3
feet to an iron pin at the beginning of a curve to the Right;
THENCE Southeasterly along said curve 236.6 feet to
an iron pin at the end of said curve;
THENCE S. 350 - 06' E. continuing along the Easterly
line of said County Road 812.0 feet to an iron pin for
corner;
THENCE N. 890 - 54' E. 788.7 feet to the POINT OF
BEGINNING and containing 24.55 acres of land, more or less.
A plat of said land showing its location with respect to the
boundary of the City of Southlake, Texas, is attached hereto marked
EXHIBIT "A"; and
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WHEREAS, it appearing to the City Council of the City of
Southlake, Texas, that all statutory requirements in connection
with said proposed annexation have been fulfilled and that the
above described area is not more than one-half mile in width, that
not more than three qualified voters reside thereon, and that the
same is adjacent to the present city limits of the City of Southlake,
Texas; Now
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SOUTHLAKE, TEXAS:
1.
l
THAT, the property hereinabove described being adjacent and conti-
guous to the city limits of Southlake, Texas, be and is hereby
annexed and brought within the corporate limits of said City and
is hereby made an integral part thereof.
2.
THAT, the owners and inhabitants of the area herein annexed be en-
titled to all of the rights and privileges of other citizens and
property owners of said City and be bound by all of the acts and
ordinances made in conformity thereto, now in full force and effect
and that which may be hereafter adopted.
3.i
THAT the official map and boundaries of the City of Southlake
Texas, as heretofore adopted and amended, be and is hereby amended
so as to include the aforementioned territory as part of the City
of Southlake, Texas.
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4.1
THAT, in accordance with Section IV-4 of Ordinance No. 161, the
land made the basis of this annexation proceeding is hereby zoned
AG" District.
THIS Ordinance shall become effective from and after its passage Iandapproval.
PASSED this day of A.D. 1973.
Mayor
ATTEST:
City Secretary
APPR D, S TO O
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197
RESOLUTION NO. 73-33
WHEREAS, the pump on Water Well #1 sustained
severe damage resulting from an electrical
failure on the 18th day of September, 1971;
And,
WHEREAS, Layne Texas Company was called out
on an emergency basis by Superintendent W.G.
Cline to repair said pump; And,
WHEREAS, said company has presented its
Invo ce No. D-4589 for payment for repair
work done at that time; Now,
THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
SOUTHLAKE, TEXAS, THAT:
1.
The Mayor is hereby authorized to make payment to Layne Texas
Company in the amount of $2,809.55.
2.
The funds for such payment are to be taken from the working I
account set aside for this purpose.
PASSED AND APPROVED THIS 4th day of December, 1973.
Mayor
ATTEST:
I
City Secretary I
1 own"
FINANCIAL SUMMARY
10
In reply to our request for an increase in electric service rates in
the amount of 8%, we have been asked by some cities to provide the follow-
ing information:
1973 - Year to Date - October 30, 1973
i Total Electric Plant Investment 11, 708, 495.
50 Total Revenue - 10 mo. ending Oct. 30, 1973 2, 690, 382.
61 Total Cost of Providing Electric Service 2, 529, 660.
24 Net Margins Before Principal Payments on Debt 160, 722.
37 Principal Due or Paid Year to Date, Oct. 30, 1973 325, 810.
46 Deficit 165, 088.
09)Net Return on Investment (Before Principal Payment1.
37%Consumers Served (Total System) October 1973 13,
435 Miles of Line (Total System) October 1973 2, 238.
5 Consumers per Mile6.
o Investment per Consumer 871.
49 li Total Cash Returned to Consumers to
Date Net Margins - Years 1939 to 1960)745, 769.
76 li Note: In conjunction with the rate increase, the Cooperative agrees to
pay the City a total of 3% Franchise Tax. Increase in Franchise Tax
to all cities -
1%.Cost of providing electric service includes Depreciation and
Amortization
Net Rate Increase for Cooperative Amount 7%
i
W. C. Casparis, Jr General na er
1
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The foregoing Financial Summary has been compared to the Records
of the Company.
Emil G. Wood, C. P. A.