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BY THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS,
CALLING AN ELECTION FOR THE AUTHORIZATION OF BONDS OF
THE CITY OF GEORGETOWN IN TEE FOLLOWING AMOUNTS ARID FOR
THE FOLLOWING PU"POSFSs (1) $50.000 TAX BONDS FOR THE
PURPOSE OF CONSTR'1CTING STREET IMPROVEZNTS IN SAID CITY;
(2) #119,000 P.E'IENUE BONDS FOR THE PURPOSE OF CONSTRUCTING
EXTENSIONS AND IMPROVEMENTS TO THE CITY'S WATERWORKS SYSTEM;
AND (3) $196,000 REVENUE BONDS FOR THE PURPOSE OF CONSTRUCT-
ING rATENSIONS A' --:D IMPROVMMTS TO THE CITY'S SVM SYSTEMe
WHEREAS, the City Council of the City of Georgetown, Texas, deems
it necessary and advisable to issue the bonds of the City of georgetown
in the amounts and for the purposes.hereinafter stated;
THEREFORR, B2 IT ORDERED BY TFAE CITY COUNCIL OFTHE CITY OF
GEORGPTOWN, TEXAS:
Section 1. That an election is hereby ordered to be held in
the City of Georgetown, Texast on the 4th day of June ,
1963, such date being not less thgn fifteen (15) nor more than thirty
(30) days from the date of the adoption of this order, at which election
the following propositions shall, be submitted to the resident qualified
property taxpaying voters of said City, who won taxable property in the
City and who have duly rendered the same for taxation, for their action
thereupons
PROPOSITION NO,.1
Shall the City Council of the City of Georgetown, Texas, be
authorized to issue $ 50,000.00 bonds of said City , maturing serially
over a period of years not to exceed thirty (30) years from their date,
bearing interest at a rate not to exceed five percent (510.) per annum,
and to levy a tax sufficient to pay the interest on said bonds and create
a sinking fund sufficient to redeem them at maturity, for the purpose of
constructing street improvements io said City, as authorized by the Con-
stitution and laws of the State of Texas.
PROPOSITION 116. 2.
Shall the City Council of the City of Georgetown, Texas, be
authorized to issue $119,000.00 of revenue bonds of said City, maturing
serially over a period of years not to exceed thirty (30) years from their
date, bearing interest at a rate not to exceed five per cent (5%) per
annum, for the porpose of constructing extensions and improvements to
the City's waterworks system; said revenue bonds to be special obligations
of the City