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.
LEGA., NOTICES
B,ESOLUTION
S By the Cite Council of the City of
E of C+eoretown, Texas, calling an
election on the grestion of the is-
suance of SIXTY THOUSAND
($60,000.00) DOLL"% of Reve-
nue Bonds, for the purpose of im-
Proving the present bight Plant
System of the City of George-
town
WHEREAS, there is necessity of
improving the present light plant
and power system of the City of
i Georgetown, Texas; and,
WHEREAS it is considered to be
'to the best interest of the City of
Georgetown that necessary improve -
menta be financed by the issuance
of securities supported only by a
mortgage placed on the existing sys
tem, the improvements to be con-
structed, and by a pledge of net rev-
enue from the operation of such sys-
tem, to the extent of SIX HUN-
DRED $600.00) DOLLARS out of
each months' gross income from the
-operation of said light plant and
power system, and in no wise sup-
ported by an ad valorem tax on
Property in the City; and,
FVHEREAS, the City council of
the City of Georgetown, Texas, deem
it advisable to issue Revenue Bonds
of the said City for the purpose
hereinafter mentioned;
THEREFORE, be it resolved and
ordered by the City Council of the
City of Georgetown, Texas:
1. That an election be held on the
23rd day of June, A. D. 1936, at ,
which election the following propo-
sition shall be submitted:
"Shall the City Council of the
City of Georgetown, Texas, be au-
thorized to issue Revenue Bonds
of said City in the amount of SIX-
TY THOUSAND ($60,000.00) DOL-
LARS, maturing over a period
not to exceed 20 years, bearing in-
terest at the rate of not exceeding
4Yi2 per cent, payable semi-annu-
ally, for the purpose of improving
its existing light plant and power
system, and to provide for the pay -
went of principal and interest on
said bonds by pledging the net
revenues from the operation of
such light plant and power system
to the extent of SIX HUNDRED
($600.00) DOLLARS out of each
month's gross income, and further
supporting said bonds by placing
a mortgage on the present system
and improvements thereto in ac-
cordance with law, to the extent
of said amount specified; provided
the holder of said bonds shall nev-
er have the right to demand pay-
ment out of any funds raised and
to be raised by taxation."
2. That said election shall be held '
at the following place in the said .
City, and the following named per-
son is hereby appointed manager
thereof, to -wit:
At the City Fire Station within
said City, with the following elec-
tion official: R. H. Chreitzberg, Pre-
siding Judge.
! 3. That said election shall be un-
der the provisions of and in accord-
ance with the laws governing the is -
.nuance of municipal bonds in cities
'and towns, as provided in the gen-
eral laws of Texas, and only qualified
electors who own taxable property
in the State, County and City, and
'Who have duly rendered the same
for taxation, shall be qualified to
,vote, and all such electors shall vote
in the election precinct of said City.
All voters who favor the proposi-
tion to issue the said bonds shall
i have written or printed on their bal
,lots the following words:
"For the Issuance of Light Plant;!
and Power System Revenue Bonds."1
And those opposed to the propo F
sition to issue the said bonds shall,
have written or printed to their bal
lots the following words:
"Against the issuance of Light.
Plant and Power System Revenue
Bonds."
4- A copy of this order signed by
the Mayor of said City and attested
by the City Secretary shall serve as
proper notice of said election.
The Mayor is authorized and di-
rected to cause this Notice of Elec-
tion to be posted at three public
;'places within said City for at least
.thirty full days prior to the date of
said election.
5. The Mayor is further authorized
and directed to cause this notice to
be published in some newspaper of
general circulation published in said
City once a week for four weeks.
The date of the first publication shall
'not be less than thirty full days prior
to the date of said election.
Passed and approved., this the 18th
day of May, A. D. 1936.
M. F. SMITH, Mayor,
(Seal) City of Georgetown, Texas.
Attest: M. L. CATES, Secretary,
5-22-5 City of Georgetown, Texas.
STATE OF TZW
CCU37y Cr
signiel.autboritjo on this day
persmai y , appeared, Re we Cooper,
11 kwm to no to be a credible
person.', shoe after toing by me duly
Wit, does upon ble oath Bay* to -wit;
1,4 ftae to no We Cooper;
I am editor auA publisher of the
W=LW0j COU1,51"19 a neVspap4er
the City of Georgetown
rega2tr2,3 pubd in/iilinon
County, Tem, for a period of more
than one (1) year prior heretol said
paper beim published regularly on rrir
lay of each VM*kj that the notice or
citation attached. h sato in re NOTICS
07 =CTRUC LITITIT PLAN'T "M 7=. KIM
XLrECTION to be bell under order of
City CvuAcile City of Ceor" t=ne 0f
date Y 18 ho 11326, vas Aidy an&
regulatrly published la TMIA-MON
CO=TAT : t o published at Georgetown*
Texas, `on the following dates, to -vitt
On Friday* My Elie VAy 29 the
June bth. and June lith.
AND T" M>i. A.: I . I 87,Sx'�'C'i' 'T"LY
Ti y n
-A a_,111,4",� v v
Sabeariben d, an & sworn to before me
'thts
s tY ie> it ib' 11a a 1, a,. ,l
sin County, Texas
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