HomeMy WebLinkAbout0348_346346 C'M
NOES : None C'7
aC
The RESOLUTI ON is os f of lows ;
11HERLAS, under and ry virtue of An order Adopted by the City Council of the
City of Georgetown, Texos, on kgrch 9, 1964, An election was held in said City on
April 7; 1964, on two propositions for the issuance of bonds of said City, in the
following amounts And for the following purposes, to -wit;
(1) $280,000 revenue bonds for the purpose of co-istrueting A Sewage
DisposKl Plqnt And other extensions and improvements to the City's
sewer s•►stem;
(2) $89,000 revenue bonds for the purpose of constructing estensions
and improverents to the City's wnterworks system;
AND Z' MRE,tS, on this 13 dqy of April, 1164, t�,ere came on to he concddered
the returns of said election; and
whereas, upon consider.tior of the returns of said election, it anpeftra that
the s., me wRs in .,11 respects legglly held �ftefl due notice hod been f,,iven and thgt
the amid returns were duly ,nd leEP11y made; and
WHEREAS, it further mnpears from said returns th.,t there were cost st said
election 939 _ votes on the proposition for the issuance of w280,000 of revenue
bonds for the purpose of constructing A Sew.,ge Disposgl Plgnt and other extensions
and improvements to the City's sewer system, of which nunber 855 votes were
mast FOR THE ISSUANCE OF SEVIAGE DISPOSAL PUNT ,j1TD SEWER SYSTE11. INPROVF:MM
REVENUE BONDS and 84 votes were cast AGAINST ThZ ISSUANCE OF SLT AGE DISPOSAL
-ND SEM SYSTMI I?TROVM*!ENT REVENUE B(`IMS s and
'MM REAS,
it further
nnpeirs from -said returns thgt there wgre cost
,t said
election 94! 3
votes on
the proposition for the issuance of �-89,000 of
revenue
bonds for the purpose of constucting extensions and improvements to the City's
wgterworks system, of which nrnber 830 votes were cast FOR THE ISSUANCE OF
VIATERWCRKS IMOT'LITZTS PEVENT E BOI.1S And 113 votes were cn st AG_;INST TME
ISSUANCE OF' WATERWORKS S`'STEY IMIROVET'ENTS LEVEL(UE Q71MS;
THEREFORE, BE IT RESOLVED ,3Y TIM CITY COUNCIL OF T"r1E CITY OF GECPGETOM4,
TEXAS s
SECTION 1 . That the proposition to issue x280,000 of revenue bonds for the
purpose of constructing a SewAt;e UisposAl P1Rni And Ether extensions and improve -
meats to the City's sewer system was 8� 5x5 i by q majority of the qulaified voters
of " said City, voting At said election, who own ta=able property in sgid City and
who have duly rendered the sane for t,kxntion, .,rd that the City Council is
Authorisa� d ! to issue said bonds And encumber the revenues of the Cityke
combined v'raterworks, sewer and electric light system for the purpose of securing
the pa.ymsnt of the principRl of and interest on s.,id bonds At m. turity, As