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HomeMy WebLinkAboutCommForm.1710.06-21-1956 r� �. . .. � . , �, � COMNISSIODI r ORNi OR7)ITd�P�CE I�TG . /7/n �Iv ORDIT��i�C� EXTEI�iDSNG COi•SP�ISSION FORNi ORDINAl�C�; N0. 95o FOR �1 PERTOD UF THIRTY YE�RS FRONi xND �,FTER ITS �,�PIR�TIOI�i WHERE.aS, vhe City of Cape Girardeau and tiie Trustees of St. Louis-San Francisco Railway Company, appointed in a proceeding lately pending in the United St�tes District Court for the �astern District oi T�:issoury ui�der Sec-ci.on 'l7 oi ine �anxruntcy .�c c oi the Uni-ced States of �r�erica, and u�c. Louis-San rrancisco Railway Company, a corporation, entered into a contrac�t with the City of �Cape Girardeau, 7�Iissouri, as st�.ted, expressed and enacted by Commission Form Ordinance No. 9;0 passed and approved June l, 1942, which contractual ordinance was approved by the United �-�ates Dis�ric�; Court for the �a.stern Districti oi I�iissouri at St. Louis , Missouri , and accepted by both the trustees of said railw�y company and said railway company; and WHERE�S, both the irustees oi said railwa� company and the said railway company, since its reorganiza�ion, have fu11y complied with all of the duties and obligations imposed upon it by said Ordinance I�Tc . 950; and WHER��S, �the said railway company, in addition to the other obligations imposed upon it, has paid to tne City of Cape Girardeau the annual payments of �,�3600.00, as specified in said ordinance, since aeptember l, 194�, totaling to da-te �57, 60U.OU, and will continue to make said annual payments until �eptember l, 1970, tiien aggregating an additional yN50,400. 00; and WHERE,�l5, a benefit assessment of �90,000. 00 has been assessed a�;ainst -the pro�ercj- oi' saici railway company located in the Nain �Creet Levee Improvement Distric� and it will be reguired to pay the same proportionate amount of taxes levied by said district against its property within said district as o�'ther property owners assessed with benefits in said district will be req_uired to pay, and, in addition, will be reguired to expend substantial sums for the relocation of its tracks and other facilities in order to accomodate the levee now being constructed; and WHERE�S, said railway companv will be required to pay in addi-L-ion to the -caxes or special assess�ents levied by said levee district, all taxes annually levied against its properiy within the �ity and County of Cape Girardeau and State of Missouri; and WH�REAS, the terms of said Urdinance Contract Tdo. 950 and the obli�ations heretofore performed and to be performed by said railway cor.�pany thereunder and -c:Ze acceptance by said railway company of said benefit assessment of �pg0, 000.00 in said NIain S�reet Levee Improvement l3is�rict are dee��ned to be to the advantage of ihe Ci�;y of Cape Girardeau; and r> '� . . �.1 ,' - 2 - WHERE.I�S, said contractual Ordinance No. 950 will expire in Fourteen (14) years and the city deems it to be to its advantage to continue the terms of said cantract for an additional period of thirty (30) years and Lhe railway company is willing to accept said extension, I�70W THER�:FORE, BE TT ORD,�INED BY �i'HE CIlY COUNCIL Or �iHE CITY OF C�P� GIRi�RD��iU, NiISSOUP�I, �S FOLLOWS : S�CmION l. ihat the terms and condi��ions of' Comra.ission Form Ordinance i�lo. 950, passed and approved on June i, 19/�2, be extended ior an additional period of thirty (30) years from and after i�s expiration date. S�;CTICPi 2. This ordinance shall be accepted in zariting by the railway company within iift,een (15) days from and af'ter its passage, and when so accepted shall become a binding contract between the City of Cape Girardeau, T��lissouri, and the railway company, its successors and assi�;ns . Passed and a � pp�oved this /oZ. - day of June, 195b. ���' /� • :T� I•�a,y o r • �s'1"i'�S'1': l./ �� Ci�t Clerk �. ,4� - �..f'� �..�� - �"o� .. . ..�'� . .'.y., . , , . . .. 'e',+�t�r::r+,w;x]v"s4's:. � .,.,.. . . ...�.� .�;. _.. . � . . . . . . . .. . . : . ' . YT . ' . . . � ' �� , `� `_.. . � `�tii.����'� .. w �. yY (`�l � . r � , . .� ; J ��C�P^l�'►PJCr, Or COA�MTSaION PORM ORDIN�NC� N0. 1710 BY ST . I,OUIS--S�PJ �'R�IvCIS�O R.#�ILW;AY COP�iF�i`Ty WHERE�iS, heretofore, -to--wit, on �;he 12th day oi �une, 1956 there was passed by the �ii;y Council o� the Ci�;y of Cape Girardeau, State of i-:issouri, �;ommission Forra Ord?nance TIo. 1110 enti-'tled, "�aN QRDIN�IVC� EXTENDIIJG COriltiil'SSIOTv FORP�� ORDIN,�,iJC� NQ. 950 FOR .� P�,RIOD OF THIn1Y YE�i3S FItOi: ,��?D 11L�`i';r��� I`:'S �:XrTi?.t'�'�G��" , approved June 12, 1956; and WHER�2;S, section 2 of sa.id ordinance provides for the acceptance of said ordinance in writing by the St. #!ouis--San Francisco Railway Company before the same sh�l1 becorne a binding contract betwu�n the City of �ape Girardeau, State " of Niissouri and �he railway company, its successors and assigns , IvOW 'I'HEREFORE, pursuant to the aforesaid ordinance 5t. Louis-�an Franc�sco Railwa,y Company has accepted and does here�t* accept the terms and provisions of said Co`nmission 1'orm Crdinance I�o. 1710 by �ne City of Cape Girardeau, State of :Y:issouri. �Tv WI`�'NESS WH�;R�;QF, St. Louis--San Francisco Railway Company has duly executed this acceptance by its duly authorized of's"icers on this the � day of June, 1956. , , . - . r �J ti�� S"1' . LOUIS-S�id FR.�NCISCO R.AILia�Y COiLIP:�idY t.,��' .,. �.. . :� � � � '/ , ..�' - ` - ` �'� 1ts ice--Fresident t�.l��.�.'..�i S rl� i �'-�'l;t�,rT�', Secretar,y State of Missouri ) ) ss. County of Cape Gira.rd��.0 ) I, Verna L. Landis, Ci��r Clerk oi th.� ��iiry o:; Cap� Girard�au, Missouri, do hereby cerciiy that an ex_�,cuted counterpart of the foregoing Acceptance of Com- mission Forrr; Grdinance No. 1710 was delivered to me at my office in the City of Cape Gixardeau, Mi�souri, L-his a � day of June, 1956. Witness my hand and the seal of the City of Cape Girardeau, Missouri, this ,�6 day of June, 1956. � �. , o,�/� ` -'.C.�-c,��``� =r..���,�.-.Q._�__� City Clerk