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HomeMy WebLinkAbout0320_0005Section 6s It is further ordained by the City Council of the City of Georgetown, Texas, that to pay off and discharge the said Bonds as they shall mature, and to pay the interest on same as it shall accruel a tax of ten cente(10c) on each one hundred dollars($100.00) valuation of all property in the said City, subject to taxation under the Constitution and Laws of the State of Texas, for the current year of 1941, and for each succeeding year thereafter until said Bonds and interest are fully paid, is hereby levied, and is hereby ordered assessed and collected for the purpose of paying off and discharging the said Bonds and interest thereon, and when so collected the same shall be a special fund for said purpose alone, and shall be applied to no other purpose. Section 7s It is further ordained by the City Council of the said City that M. F. Smith, Mayor of the said City, and his successors in office, shall be authorized to have said Bonds printed, and have the possession of same until sold, and shall have charge of all records and proceedings pertaining to procur- ing opinion of the Attorney General and the registration by the Comptroller, and shall do all things necessary to carry out the purposes of this Ordinance. Section St The fact that the United States is granting Aid in the Acquisition of an Airport creates an emergency, and public necessity, that the rules requiring Ordinances to be read at three separate meetings be suspended, and such rules be sus- pended, and this Ordinance at once pass, and that it take effect immediately thereafter. Passed and Approved this the 16th day of September, L. D . 1941.?')!I ayor of th4 i y of eorget&iii Texas. Att ee at s i"!, City Secretary City of Georgetown, Texas* a