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HomeMy WebLinkAboutOrdinance 1979 ORDINANCE NO. 1979 AN ORDINANCE PROVIDING FOR THE APPROPRIATION OF TWO THOUSAND, FIVE HUNDRED SEVENTY-EI(M AND 13/100 DOLLARS ($2,578.13) FOR THE PURPOSE OF PAYING THE FIRST SEMI-ANNUAL INSTALUe1ENT OF INTEREST ON ONE HUNDRED THIRTY-SEVEN THOU- SAND, FIVE HUNDRED DOLLARS ($137,500.00) WORTH OF HOSPITAL BONDS, SERIES 65, AUTHORIZED TO BE ISSUED BY ORDINANCE NO. 1973, PASSED AND ADOPTED ON WEDNESDAY, THE LOTH DAY OF NOVEMHER, A. D. 1937. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: That the sum of Two Thousand, Five Hundred Seventy-eight and 13/100 Dollars ($2,578.13) be appropriated out of the general fund of the City of Fort Worth, or by transfer if need be from the unencumbered balance of the appropriations, to pay the first semi-annual installment of interest to be due and payable on the first day of May, A. D. 1938 on negotiable coupon bonds of the City of Fort Worth, authorized to be issued by the City Council of said city by Ordinance No. 1973, passed and adopted on Wednesday, the loth day of November, A. D. 1937, in the principal sum of One Hundred Thirty-seven Thousand, Five Hundred Dollars ($137,500.00), and being designated as "Hos- pital Bonds," Series 65. AND BE IT FURTHER ORDAINED that the appropriation herein directed to be made be plaosd and kept in a separate fund and shall be ddvoted to the payment of the interest on said bonds when said interest becomes due and payable and shall not be used, applied or diverted to any other purpose or, object whatsoever. Mayor ATTEST: City Secretary APPROVED AS TO FORUM AND LEGALITY: City Attorney