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HomeMy WebLinkAbout0078_00021,101711173 02 AN MiDUANCE OF TIM CAY OF GLUL&M-TOVS, TZXAS, CALLIM AND ORD14,- UIG AN ILLI-CTIVFTO M HELD IN AND FOR THS. SAID CITY ON TEL 30TH DAY OF NOVI-MBI-A, A. D. 1925, BY THE, VOTLRS OF SAM CITY (UALIFLLD 10 VOU AT SUCH Ah 1Lk0T1QNj, TO D.,,TLRXIAY, WEXITBliN OR NOT Tx,.hz bML ZI; IZZIAM 13Y TIE SAID CITY, BONDS IN In AOMLOATZ allX Of $45s000.40* IN DENOUINAT IONS OF $b00.O0 36ACH. DM TlfiaL LACH UAR, FUR FROM 01M TO TRIY(TY YLAhS AYT-;,R Thi DATE TF!,.EB'UF, TO I* -AR IN- T't'J�LST FROM DATE AT 0% PIA AMUM, FAYABLN &-NI-AhNUALLY AS IT A0-- CRUES, AND I -AST DLJ9 Iffln:K-ST '10 LEAR TM SA" RATS OF 11n1REST, INTEREST I U BE kN IDU CLD BY C OUP6N S; AND TO AJ T HOR IZE THU LJLVY AND CULUCTIOR OF TAXES SUYFICIENT TO PAY SAID BONDS AND THE INTY-nST ViBi�l F, AS IT IATUbAs; TWE SAID BODS TO bjt: uOLDO AND TJUi-ROC1;J'.DS T)Mh�,07 TO BL =D IN TlR FAVIbUl, 31RAIbING, BUILOINGs IMkk'(JVINQ# OkUNING, AND %=�BING STELLTS 11 6AID CITY. BZ IT OhDAINED ZY TIM CITY COLMCIL OF TRE CITY Of GLORGLTOIN, UXAS: That an election be and is hereby Called and ordered held in the said City, on the 30th day of November, A. Do 19250 by the voters of the said City cualified under the law to vote at such an election, to determine whether or riot the said City shall issue its bonds in the agk;regate sun of $45*000-00s In denomina- tions of $5�u.00 each, due and payable strially three each year for from one to thirty years inclusive, after the date thereof, until all have been paid, and bearing interest from the date thereof at the rate of five per cent per annum, payable semi-annually as It accrues* as evidenced by coupons* to bear interest from maturIV at the same rate; and to authorise the levy and collection of & tax by the said City, sufficient to pay off the said bonds and the said interest at the maturity tbersofg, as it accrues; the said bonds to be Issued by the said City for Ube purpose of raising money from the sale thereof,, to pave, drain, improve, build* widen* and open street* of the *aid city, under the general suji*rvision and direction of the City Council of the said City. That all persona voting at the said election for the Issuing of the said bonds shall have printed or written on their ballots, *For the Issue of bonds*; and that all persons yet - Ing at said election against the Issuing of the said bonds *hall have printed or written an Uteir baJ., eta, *Against the Issue of.Eondslo That the said election shall be hold at the City Ral Building in the said City, and shall be bald in the manner pres- cribed by law for the holding of such election** That W. 1, Stump, and Y. B. Branch are hereby named, constituted and &,p,,ointed judges of said election and officers of the said election, and hereby empowered to appoint such clerks and assistants as they may deem necessary, and hereby empowered to do all things necessary and proper In the holding of the said eloction. That the kayor of this City Is Lereby directed to cause this ordinance to be published in the Villliamson County Sun* & news - 3