HomeMy WebLinkAboutOrdinance 1113 The City Cr.,.uncil of tlta City of Fert Tex-�,s,
met in re ,iilar ses5iw), in the Coirnoil Cl:u7 `firer -.It thie City- HtL11
�;
_t 9 :30 A. as. Tuesday, the 5th day of J---'anu,�,ry, A. D . 1526p
%nI
1 upon -poll call tl-c;7 follawin.,,g were z,-,,rer,3cnt : T'. C . Meachms
aartono T . l,,;. 11 OL 'L"f e r v,ct..�t-a. illiavl
Bryoa, 'R. T . Renfro, 117illiam 'Von-nig., E . Austin aml L. P.
card, coullullviens, collstitutlirp th�- entire mamber3hip of a7dd
Bos,e,k, a.,nd I. L. Valt Zandtj Jr. , City Secreta.ry-Tre,,,Lsurer,
was in at la,,eetinan,), the follc,si(l. proces-d-
inF,O ,, among other thinip, we-ru, had and 1- one.
Counoilmw, Burton, secorded by Councilman Aii-stin,
moved thq auloption of the followinVa
0 rd 1.n nce
W1 ORDINANCE AME',NM!'J,,G S'F:CTI0l.7S FIV-12 (V) A.11D SIX
(6) OF' 0FDINANCE NO. 110188 PASSEM DEC EMBEr, 29TIT,
19252 EY PROVIDING FOP, A TAX LEVY OF $-00550 IN-
STEAD OF .42 CETITS ON THF' t100.00 PROPEFTY VALUA-
TION TO PAY THE INTEPEST A'RD CREATE A SINKIEIG
Mfll) TO PAY I'TTE. PPINCIPAL OF TYL MID"'i ISSUED
BY SAID AS SAIE
L
"WIREASO it 3;ppe;';�ring to tkie city 0'ounoll c" t1no
City of Fort, t)-it the tax levy provided for in
orclinf,vtca No. 1.106 tf,,. create a sinkin, ' fuT.d for the *p pay',wint
and complets extinguiallueen't of the bionled -debt, prinicipal
arld intereats ;,,,uthorizel by said Ordlinan,'..e, is insiiffioient "
NOT' T�iEPEFOPE,
BE IT ORMAINED BY TP--',,' CITY COUINCTL OF TEE ,..TTY OF FOOT 'PTO STH:
SECTION I
Th,fa-t sections V 'end VI of Ordinal%oe INo. 1106
p,,xSae,bl at a re,',ular meeting of the City Ocuncil of tho-, 01ty
on tihe A';'�-,th day of Dacamber, A. D.
of Fort "�ortbto Tex is
be and the swrie are 'heroby ttroended* and after �j' cing
a o
anendedo shall read as follows:
V_Tbai� for the puri;GS6 Of areat;in a
sink-JI ng, 11_',c�,ad for the paymex-)t an'd coniplete extlngula.-Wlient of.
the foresolnew, -".�onded debt, principal and intam..A sand ajl
and everj part of sarae,, thlere iL5 he 'eby levied an, the
sliall be asa'esseid and collectoedj, as pi-oli 11:;a 4�.d "C"y law, set
apart and approprintod for mald jairpose,,$ an annuall., 4;t1reztj,
special ad valorem ttux 1926, and for a&.Oh succes-
sive Year therea.f`ta;- dt. a i n r ti sg life o.0 amid. bo-,cid.,e.d. deb-16P
or any pnrt thereof.. of ,U0 >a (or such &,_n aaoiuit ;as may be
neaessar3- ard adeq-t1`;.to, , )o _41t -MOre -.':)r On qvo.ry OTIG hlLm-
dred, Dollsx(wMO,00) [.)Popertw valuation., vtal, personal and
t�; "i11(, nei, exempt thcnofor,�,,ri 011dur the
-et to ,zF
..,Axed,, subje
eonstlitution and lav�a ot the 1;e of -r r, alld-
owned in the City ollFort INforth on t1he first day ol'
A, D. 1906p and on the first doy o!".' Jamuar7,r of eack year
thereafter.until said debt repreaented by said bonds and
coupon intereat notes anall fv.)ve oeen i'ully 1;ait, ip.xtd if uL
any ti,-46 such tax uhculet Ua ir;im,fficientq tnen It �A.wli be
the duty of the City "'ounallo , other governing of
said City of Port ''north
S k)t
orth and aqpproprlate auc�,,,
addit'lonal amoimt, of money our, of tn .. general r'U'venues of
saic! City -is may be requisite. ro s-ciopi-y tae defloiencj.,
all interest have 'been paid end. t1ie sinking fa nd vii-
tablished as required by thR constitution of ttLe °hate of
lyexts and by the Chax: ter of Gity ox? Port t h
.ILC1'10N Vl- That it shall be the dutof the
City Council of ti-le City of -Fort and Lber succcL3,sorz
In office, and of the f:*overm_ er,_t of said, (At"y of Fort ;,'.orbh,,
in levying taxes for purposes iD SUACL (O"ity f 01� tlta
ye ).r 19,21G,, and for every succos sIve year during, I.,he life of
said bowled de7A, or myy part thereof, to Inc1ade In such levy
a special tax of it,'t'-.00,50 on t,-le one Hu Brod Dollar (i-100.00)
V
too /D
I rt
f;! Y; :-,) nkS r1'JrY Ce Tae(J-U13i4te
and necessary) provided for in the next TDreneding section
this slv !IrOl --1--ioecia-L t,-4x 5,11-1-all On Y10 aal:�*Unt
vihatgcevar be "Asplace(I t�,erefroin.
74,,G 11 TON I
:�Ihls 1rdinance shall, talkoo, eft`ect froji! P-nd
t. the d,�.,ite ��:f Its pfji-,',%igeo Is so o-%dainnd,
F.
at ss).1.d mreot-
V11e r-10tion to ado-pt aaid Ord inence,, and all
of the Covm :�.Tmer, inelvdAn-v the T-ft,!;; or,
and' none votf�rd "no" . quid the motion to Adept Ordins-nee
decl.-,,?red to be ur .'tlilnously pq.ssed. and Fidopted.
'c'M,-TE ("IF TEXAS
COUNITY OF TARRAVIT
Y j. Ss L- Var, r-eft t 0,�tlry S.0 C r 0 t V.-x"y—
17recmirer of t],e City (if Fort 7,,ortb-, Texas,, do horeby cer-
-,ove a, 6 fcrogolrg (W-AnRrce, 'Is a triie .1-nd
14 th st z -, I
correcl.,4- CoDy Of hti:rft t!iat ag-ne wows
iins-rimously Passed Rrid Pd,)pted b,,-, 'che City, t1,le
Cit~ ofr Fc,7-t cry Tedaxsp at ar t-tni� he"",ri !:n t'"-
Council Chambers at- the City Hall on 1E,.,A,,aday the, nth 0-!--y of
'Jlltne:. s -,,i-Y "r and a Fort Tex.a, t 1-
tl-Le day Januar.,,,r, P.. D.