HomeMy WebLinkAboutORD 10.31.1974 - Bond Issuance for Fire Station=I LA 7
AN ORDINANCE
BY THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS, AUTHORIZING
THE ISSUANCE OF BONDS IN THE TOTAL PRINCIPAL AMOUNT OF ONE HUNDRED
SEVENTYFIVE THOUSAND DOLLARS ($175,000), OF WHICH $100,000 OF BONDS ARE
AUTHORIZED FOR THE PURPOSE OF CONSTRUCTING A PUBLIC BUILDING TO BE
USED AS A SUB FIRE STATION; $25,000 OF BONDS ARE AUTHORIZED FOR THE
PURPOSE OF CONSTRUCTING STREET IMPROVEMENTS (WITHIN URBAN RENEWAL AREA);
$25,000 OF BONDS ARE AUTHORIZED FOR THE PURPOSE OF CONSTRUCTING
EXTENSIONS AND IMPROVEMENTS TO THE CITY'S WATERWORKS SYSTEM (WITHIN
URBAN RENEWAL AREA); AND $25,000 OF BONDS ARE AUTHORIZED FOR THE
PURPOSE OF CONSTRUCTION EXTENSIONS AND IMPROVEMENTS TO THE CITY'S
SEWER SYSTEM (WITHIN URBAN RENEWAL AREA); PROVIDING FOR THE LEVY, ASSESS-
MENT AND COLLECTION OF A TAX ON ALL THE TAXABLE PROPERTY WITHIN THE
LIMITS OF SAID CITY TO PAY THE INTEREST AND CREATE A SINKING FUND FOR
THE REDEMPTION THEREOF; ENACTING PROVISIONS INCIDENT AND RELATING TO
THE SUBJECT AND PURPOSE OF THIS ORDINANCE; AND DECLARING AN EMERGENCY.
(Reference Bond File Series 1974)
ATTEST:
City Secr ry - (Acting)
L.3
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