HomeMy WebLinkAbout0047_0003Alderman, " _. ilcox moved that the orr,„ Vnce pass ssecond
reading;second by Aldexuon, I .R.T.Tood and carried by the following vote:
Aye: D,7% Wilcox, W. H. Davis, W.R. 1,,Iood,T.R. Shaw.
No : None/
Aldermen Fay Sherr.a,n absent not voting.
Carried:Qrdinance passed second reading.
Alderman W.H.Pavis that the rules be suspended and the
ordinance pass third and final reading;second by Alderman J.R.Shaw
and carried by the following vote:
Aye: ol.H.Davis, T.R.Sha,w,D. '.Wilcox, W. R. Mood/
No: None
Alderman Fay Sherman absent not voting.
passed.
Mayor John M Sharp* then declared the ordinance finally
The said ordinance is as follows:
wAn Ordinance of the City of Georgetown,Texas,oritering an
election to be hely the qualifyin ; tax paying; voters of the said
city to be held in the said city to determine whether or not the said
city shall issue bonds in the sum of 485,000;oo due Forty years after
da.*e and redeemable *fter ten years after date and bearing; interest at
the rete of five per cent iDe r annum payable semi-annually for the
purpose of building paving; and improving; the streets of the said city
and to authorize the levy and collection of taxes sufficient to pay the
interest and sinking fund on said bonds.
Be it ordained by the City Council of the City of
George town, Texas:
That an election be and is hereby ordered held in and for
the said city by the qualified tax paying; voters of the said city on
the 95th day of March A.D.1922,after the giving of due and proper
notices in the manner and form prescribed by law,to detetinine whether o
or not there shall be issued by the said City bonds in the the sum of
Eighty -Five Thousand Dolla,re(�85, 000;oo ) for the purpose of building,
paving and improving the streets of the said city;the said bonds to be
due forty years from the date of issuance thereof,and to be redeemable
on and after ten years from the date of ir,suance thereof,and to beer
interest from the issuance thereof at the rate of five per centum per
annum,payable semi-annually as it a.ccrues,as represented by coupons,
the said coupons to bear interest after the mr,turity thereof, at the