HomeMy WebLinkAbout0121_0007of Georgetown, moxas, and said bond has this day been regis-
tore& by me.
witness my hand and seal of office, at Tustin, rr;exas, this
the qday of 19300
COMptrO11Or Of eUbI10 Accoun s of the
state of Texas.
Section 11• it is further ordained by the City Oounoil of
the city of georgetown, texas, that to pay the interest on said
bonds and create a sinking fund sufficient to discharge them at
maturity, a tax of TaxWTY CENTS (20V) on each X100.00 valuation
of all taxable property in said t;ity of wo orgetown, Texas, shall
be annually levied on said property, and annually assessed end
collected until said bonds and interest thereon are paid, and
said tax is here now levied for the current year of 1930, and
for each succeeding year while said bonds are outstanding, and
the same shall be assessed and collected for the current year
and annually thereafter, and applied to the purpose named.
Teofion 12. It Is Further ordain that 9. F. smith, the
Magor of said uity,'and his successors in office, shall be
xkx= authorized to take charge of all necessary records
pending investigation by the attorney general and shall take
and have charge and control of the bonds herein authorized
pending their approval by the Attorney general and registra-
tion by the Comptroller of rublia Accounts.
Section. 13. The fact that the City of oeorgetown, Texas,
is badly in need of sufficient sewerage for its citizens, and
the further fact that said City, under its option has but a
very short time within which to raise money, by the issuance
of bonds, with which to purchase the present privately owned
0eorgetovm bower System, and the further fact that a munici-
pally owned Sewerage plant will give better and more efficient
service to its a&tizens, creates an emergency and imperative
public necessity that the rule requiring ordinances to be read
on three separate days before final passage, be suspended, and
such rule is hereby suspended, and it is ORDAINED that this
ordinance shall take effect and be in force immediately upon
its passage and approval.
Passed and approved this the 13th* day of January A.3).1930.
Attest. M. 1. Cates 1..'S_mith ^7�
, 01", C1