HomeMy WebLinkAboutOrdinance 5728 ORDINANCE NO. ..
AN ORDINANCE PROVIDING FOR THE ISSUANCE OF NINE
MILLION, EIGHT HUNDRED AND FIFTY THOUSAND DOLLARS
($9 ,850,000 .00) OF CITY OF FORT WORTH, TEXAS,
GENERAL PURPOSE BONDS, SERIES 1967 , BEARING IN-
TEREST AT THE RATES HEREINAFTER SET FORTH, AND
PROVIDING FOR THE LEVY, ASSESSMENT AND COLLECTION
OF A TAX SUFFICIENT TO PAY THE INTEREST ON SAID
BONDS AND TO CREATE A SINKING FUND FOR THE RE-
DEMPTION THEREOF AT MATURITY; REPEALING ALL ORDI-
NANCES IN CONFLICT HEREWITH; AND PROVIDING THAT
THIS ORDINANCE SHALL BE IN FORCE AND EFFECT FROM
AND AFTER THE DATE OF ITS PASSAGE.
WHEREAS , it is deemed advisable and to the best interest
of the City of Fort Worth that various general purpose bonds
authorized at elections previously held in said City be com-
bined in a single issue and sold at this time, the dates of
election, amount of bonds authorized thereat, purpose, amount
of bonds previously sold and the amount now to be sold being as
follows:
DATE OF AMOUNT AMOUNT PREVIOUSLY AMOUNT NOW
ELECTION AUTHORIZED PURPOSE SOLD OFFERED
Jan. 24, $13, 650,000 Street $13,241 ,000 $ 140,000
1961 Improvement
Oct. 19, 24,900,000 Street 1,938,000 7 ,895,000
1965 Improvement
Oct. 19, 1, 600,000 Fire 365*000 615,000
1965 Protection
Oct. 19, 2,900,000 Park and 450,000 600,000
1965 Recreation
Oct. 19, 5,900,000 Police and 300,000 600,000
1965 City Office
Building and
Facilities
$9,850,000
NOW, THEREFORE,