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HomeMy WebLinkAbout0248_0063toTICE or ELECTRIC LIGHT 1 PLANT REVENUE BOND I ELECTION ' 'HE STATE OF TEXAS 1 County of Williamson J} City of Georgetown Co the Resident, Qualified, Property Taxpaying Voters of the City of Georgetown, Texas: You will take notice that election will be held in the City of George- town, Texas, on the 21st day of July, A. D. 1936, on the proposition and at the place more particularly set out and specified in the resolution order- ing the said election passed and: adopted by the City Council of said City on the 29th day of June, A. D.1 1936, of which the following is a correct copy: ,,Resolution of the City Council of the City of Georgetown, Texas, calling and ordering an election on the question of the issuance of Sixty Thousand ($60,000.00) Dol- lars of Revenue Bonds for the pur- pose of improving the present Elec- tric Light Plant System of the said City of Georgetown. WHEREAS, it has heretofore been declared by the .City Council of the City of Georgetown, Texas, that a necessity exists for the improving I f the present electric light plant and system of the said City and to pur- suance thereto an election was order- ed and held for the purpose of deter- mining whether the said city should issue $60,000.00 in revenue bonds for the said purpose, and at said election it was determined that said bonds should be issued; but that in giving the notice of said election a mistake was made, in that the said election was held at a date more than thirty days after the date of the resolution ordering the same, and that by rea- son thereof a question may be raised, as to the validity of the said elee- tion; and WHEREAS, the City Council of the said City is now of the opinion that it is to the beat interest of the said City that the said improvements should be made and the said revenue bonds should be issued for the pur- pose of improving the said electric' light system of the said City; and is of the opinion that the question in- cident to the validity of the elections above mentioned should be eliminat- ed and that another election should' be held for the purpose of determin- ing whether or not the said City shall issue revenue bonds in the sum of sixty thousand ($60,000.00) dollars' supported only by a mortgage placed on the existing system and the im- provements to be constructed and by a pledge of six hundred ($600.00) dol- lare out of each month's gross income of the said electric light system of the said City for the purpose of finan- cing the said improvements; and that that the said bonds be in no wise supported by an ad valorem tax on property of the said City; therefore, BE IT RESOLVED, by the City Council of the City of Georgetown, Texas: 1st. That an election shall be held on the 21st day of July, A. Dj 1936, at which election the following ques- tion shall be submitted: `Shall the City Council of the City of Georgetown, Texas, be author- ized to issue revenue bonds of the said City in the amount of sixty' thousand ($60,000.00) dollars, ma- turing over a period not to exceed 20 years, bearing interest at a rate not to exceed (4r/2%) four and one- half per cent, payable semi-annu- ally, for the purpose of improving its existing electric light plant and poker system, and provide for the payment of principal and interest ori the said bonds by pledging the net revenues from the operation of nuc._ plant and system to the ex- tent of civ hundred ($Sov,vji dol- jars per month, out of each month's gross income, gild further support- ing and secuving the payment of said bonds and interest by placing a piortgage on the said present) electric ligllt and power system , - and improvements thereto, in ae• cordanee with law, to the extent of the said 3ilioiznt specified; pro- vided that the holders of said bonds shall never have the right to demand payment out of any funds raised and to be raised by taxations.' 2nd: That the said election shall be held at the City Firs Station with- in the said City, with the following election official, to -wit, R. H. Chreitz- berg, Presiding Judge. 3rd: That the said election shall be under the provisions of and in ac- cordance with the laws of the State of Texas govirning the issuance of municipal bonds in cities and towns, and only qualified electors who own taxable property in the State and County and this City and who have duly rendered the same for taxation shall be qualified to vote at said election, and all such electors shall vote in the election precinct of this city, in which they reside. All voters who favor the proposi- tion to issue the said bonds shall have written or printed on their bal- lots the following words: `FOR THE ISSUANCE OF LIGRT PLANT AND POWER SYSTEM REVENUE BONDS! All those opposed to the issuance of the said bonds shall have written or printed on their ballots the words: `AGAINST THE ISSUANCE OF LIGHT PLANT AND POWER SYS- TEM REVENUE BONDS.' The Mayor of the said City is au- thorized and is hereby directed to cause this, a copy resolution, as no- tice of said election, to be posted in three public places in the said City, one of which shall be the City Hall, for at least fifteen full days prior to the date of the said election; the said publication to be completed within less than thirty days from the date of this resolution. The Mayor of the said City is fur- ther authorized and directed to cause a copy of this resolution, as notice of the said election, to be published in some newspaper of general eircu- lation published in the said City once a week on the same week day for two consecutive weeks, the date of the first publication shall be not less than fourteen full days and not more than thirty days prior to the said election. Passed and approved this the 29th day of June, A. D. 1936. M. F. SMITH, Mayor, of the City of Georgetown, Attest:. Texas. M. L. CATES, Secretary, City of Georgetown, Texas." 2 Ci{ UITTi C? iis;ssLL CN* :==Z-31 =v the Lit clerQij` nen authority, on tUs dot personal appeared,,Robert W,CooperW411 knorM to rA to be a credible per:vn, Tdio, rafter be ice,, by me duly sworn, does u lon hire oath s ay a to -471t t My name is Robert, W. Cooper= 2 acts editor� ar_d publizher of the Wim "�C3 CC�'"3-�.i 3=44, a newepaper re�,11arjj publiahe$ in tine vit,y of Uor tom, Ti1linmson Cody„ Teras, for a period of more than one ( 1) year prior ke r e to; said paper being publiohed ret raj on rri&4 of each week; that the notice Or citation attached hereto In re -'RTIC OF SLZC711 10 %i rIT ZC:1C3 to bt MIA under order of City Coun+eil, City of Gearge towng of data J,=* 29th, 10,A, was duly and recalarly published La the I7 .Itj,_=. Cv^u.-"- y sU4.19 publinhed at Ceca-ae town, Texas, on Lha fb11o,eiu, dates, to -Witt On Friday, July : rd, aria July 14t4. I9,= respectively. IM- s44'aIR ls.:.i TNA S.r; SAT -_'M 2-17t t Subscribed and sworn to before me tU 40 t1A.Cj 1 ilL►.i.iG Tilliiimson C. ty, e3=