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HomeMy WebLinkAboutOrdinance 1978 s ORDINANCE NO. 1978 AN ORDINANCE PROVIDING TRAT THE ONE HUNDRED THIRTY-SEVEN THOUSAND, FIVE HUNDRED DOLLARS ($137,500.00) WORTH OF HOSPITAL BONDS OF THE CITY OF FORT WORTH, AUTHORIZED TO BE IS- SUED BY ORDINANCE NO. 1973, ADOPTED BY THE CITY COUNCIL ON NOVENA 10, 1937, SHALL BE ISSUED IN THE DENOMI- NATION OF ONE THOUSAND DOLLARS ($1,000), EXCEPT THAT BOND NUMBER ONE SHALL BE IN THE DENOMMTION OF FIVE HUNDRED DOLLARS ($500.00); AND PROVIDING THAT SUCH BONDS SHALL BE NUTYMERLD FROM ONE (1) TO ONE HUNDRED THIRTY-EIGHT (138), INCLUSIVE, IN THE ORDER OF THEIR MA- TURITY. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORM, TEXAS: SECTION 1. The bonds known as Series 65 and designated as "Hospital Bonds," au- thorized to be issued by Ordinance No. 1973, adopted by the City Council of the City of Fort Worth on the loth day of November, 1937, shall, notwithstand- ing the provisions of said Ordinance No. 1973, be issued in the denomination of One Thousand Dollars ($1,000), except that Bond No. 1 shall be in the de- nomination of Five Hundred Dollars (W.00), and shall be numbered from one (1) to one hundred thirty-eight (138), inclusive, in the order of their ma- turity. SECTION 8. Notwithstanding any provision of said Ordinance No. 1973, the form of each of said bonds shall recite substantially that the bond is one of a series of one hundred thirty-eight (138) bonds, numbered consecutively from one (1) to one hundred thirty-eight (138), inclusive, each in the denomina- tion of One Thousand Dollars ($10000.00), with the exception of the first bond which is in the denomination of Five Hundred Dollars ($500.00), and that said bond is authorized by an ordinance adopted by the City Council of said City on the loth day of November, 1937, as amended. w SECTION 3. This ordinance shall take effect immediately. I set ATTEST: City Secretary APPROVED AS TO FORM AND LEGALITY: City Attorney ORDINANCE Nit.-A y 7 .- Pol to Tiled' - day.of - City Secretary