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HomeMy Public PortalAboutORD03258 68 coupons have been fully paid and all of the terms, provisions and conditions of the deed of trust securing the tiarie }1a.ve been fully discharged and satisfied, the Trustee shall continue to hold said stock under the terms and provisions hereof until all of the other indebtedness of the Company has been fully satisfied and paid and at that time this trust agreement shall terminate and the stock held by the Trustee in its own name or other,;;ise shall be delivered to the City of Jefferson City, Missouri, or to its nominee for the purpose of enabling Jefferson City, Iissouri , or its nominee to operate the Jefferson City bridge, more particularly described in said first mortgage deed of trust, as a free bridge, instead of a toll bridge." and 1711EREAS, it is now proposed that said Capital City iIirrhway Bridge Company shall by warranty deed convey to the State of l,;issouri the steel bridge crossing the I.:issouri River from the City of Jefferson to Calloway County, Iissouri, described in said contract and in the para,raph hereinabove set out, under certain terms and conditions set out in said warranty deed; and VREREAS, it will be to the advantage of the City of Jefferson and the inhabitants thereof to relinquish to the State of lissouri whatever rights have been conferred on the City of Jefferson by said contrast, to the end that said bridge may ultimately be operated and maintained by the State of 1issouri, THEREFO.H,' BE IT ORDAINED BY T111; COUNCIL OF TIE CITY' CF OF I1ISSCURI, uS JEFFERSON, STATE, I : I . The City of Jefferson hereby remises, releases and relinquishes unto the State of 1,.issouri all of its rights under said contract of February 25, - 1925, and releases said stockholders , said Y.K.Ba.ker, and said The First National Bank of Kansas City, Kansas City, Missouri , as Trustee, and said Capital City Highway Bridge Company from all of the obligations assumed under said contract under Paragraph 2 thereof, and remises , releases and quit-claims unto the State of T:_issouri all of its right , title and interest in and to said bridge and the abutrients and appurtenances thereto; Provided, however, 2. That this Ordinance shall take effect only if, and when said warranty deed from said Capital City Highway Bridge Company to the State of Missouri is delivered to the State of blissoari . Passed February 27th. 1930. Approved March 3rd. 1930. E. W. Jenkins E. W. Jenkins President of the Council. Yayor. NO. 3258. AN ORDII ANCE TO APPROPRIATE AICITEY FOR TIMi I-ICNTH OP FEBRUARY I930 . BE IT ORDAINE]) BY THE COUNCIL OF TIM CITY OF JEFFERSON, AS FCLLOVIS: There is hereby appropriated out of any money in the City Treasury not otherwise appropriated, for the purpose of paying accounts and claims , the following,- REVENUE FUM), the sum of - - - - - - - - - - - - - - - - $ 2744 .99 VEHICLE FUND, the sure of - - - - - - - - - - - - - - - - 426,48 PLUIMING INSPECTION FUNDy the sum of - - - - - •- - - - - 100 .00 This Ordinance shall take effect and be in force from and after its passage and approval. Passed March 3rd. 1930 . Approved Parch 6th. 1930. E. W. Jenkins _ _ E. W. Jenkins President of the Council. Mayor. �y:t