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HomeMy WebLinkAboutOrdinance 1588 ORDINANOE NO. 1599 AN ORDINANCE PROVIDING FOR THE SUBMISSION TO THE RESIDENT QUALIFIED TAXPAYING VOTERS IN THE CITY OF FORT WORTH, TEXAS, PROPOSITIONS FOR THE ISSUANCE OF NEGOTIABLE COUPON BONDS OF SAID CITY IN THE AGGREGATE SUM OF THREE MILLION ($3,000,000.- 00) DOLLARS, FOR THE PURPOSE OF CONSTRUCTING, IM- PROVING AND EXTENDING THE STREETS, THOROUGHFARES AND STORM SE7MRS OF SAID CITY; FOR IMPROVING AND EXTENDING THE SYSTEM OF FIRE PROTECTION BY OCR— STRUCTING, BUILDING AND EQUIPPING A NEW CENTRAL FIRE STATION, ACQUIRING THE NECESSARY LAND THERE- FOR AND IMPROVING AND EXTENDING THE FIRE ALARM SIGNAL SYSTEM AND FOR ESTABLISHING EQUIPPING AND IMPROVING A MUNICIPAL AIRPORT AND LANDING FIELD FOR AEROPLANES AND OTHER AERIAL MACHINES AND AC- QUIRING THE NECESSARY LAND& AND PROPERTY THEREFOR; SAID BONDS TO BE IN SUCH DENOMINATION AS MAY BE DETERMINED BY THE CITY COUNCIL, MATURING FROM FIVE (5) TO FORTY (4o) YEARS FROM THE DATE THEREOF, BEARING INTEREST FROM THE DATE THEREOF AT A RATE NOT TO EXCEED FIVE (5Jo) PER CENT PER ANNUM, PAY- ABLE SEMI-ANNUALLY, EXPRESSED IN COUPON NOTES AT- TACHED TO THE BONDS; CALLING AN ELECTION FOR THE PURPOSE TO BE HELD IN THE CITY OF FORT WORTH, TEXAS, ON TUESDAY, THE 25TH DAY OF JUKE, A. D. 1929. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH: SECTION I. That an election be held in the City of Fort Worth, Texas, on Tue$dW. tits 25th days of June, A. D. 1929, at the polling places hereinafter mentioned, between the hours of Eight A. Y. and Seven P. 9. *t which election the following $ropoaitivne for. the Issuance � bonds for the City of Fort lforth. shall, be submitted to the resident qualified taxpaying voters 0�r said City 004VPA. Shall the pity It tort forth, through its City Counolll issue its negot�Sb4o coupon ban",, pqrning, from five (5) to forth (40) yearP, in the prineipal sum of Two Million �d ($2,000,000.00) Dollars, for the purposQ of constructing, improving and extending the streets, thoroughfares and storm sewers of said City, including in such permanent improvements the straightening, widening, paving, grade separation and drain- age of said streets and thoroughfares, the first of said bonds being payable at the expiration of five (5) years from the date thereof, and serially thereafter as may be determined by the said City Council, so that the last maturing bonds shall be- come payable within forty (40) years from the date thereof, bearing interest at a rate not to exceed five (5%) per cent per annum from the date thereof„payable semi-annually, and levy a sufficient tax to pay the interest on said bonds and create a sinking fund sufficient to redeem said bonds at the maturity thereof? II. Shall the City of Fort Worth, through its City Council, issue its negotiable coupon bonds, running from five (5) to forty (4,0) years, in the principal sum of Five Hundred Thousand 3500,000.00) Dollars, for the purpose of improving and extending the system of fire protection of said City by constructing, building and equipping a new central fire station, acquiring the necessary land therefor, and extending and im- proving the fire alarm signal system, the first of said bonds being payable at the expiration of five (5) years from the date thereof, and serially thereafter as may be determined by the said City Council, so that the last maturing bonds shall become payable within forty (40) years from the date thereof, bearing interest at a rate not to exceed five (5%) per cent per annum from the date thereof, ,payable semi-annually, and levy a sufficient tax to pay the interest on said bonds and create a sinking fund sufficient to redeem said bonds at the maturity thereof? I r III. Shall the City of Fort Worth,. through its City Council, issue its negotiable coupon bonds, running from five - (5) to forty (40) years, in the principal sum of Five Hundred Thousand ($500,000.00) Dollars, for the purpose of establish- ing, equipping, extending and improving a municipal airport and landing field for aeroplanes and other aerial machines and acquiring the necessary lands and property therefor, the first of said bonds being payable at the expiration of five (5) years from the date thereof, and serially thereafter as may be deter- mined by the said City Council, so that the last maturing bonds shall become payable within forty (40) years from the date thereof, bearing interest at a rate not to exceed five (5%) per cent per annum from the date thereof, payable semi-annual- ly, and levy a sufficient tax is pay the interest on said bonds and create a sinking fund sufficient to redeem said bonds at the maturity thereof? IV. Said election shall be held at the following places, with the following named persons appointed presiding judge of said election, to-wit: :7ARD PRECINCT VOTING PLACE & PRESIDING LOCATION u'UDGE 1 1 Fire Hall - 2nd. & Commerce Mrs. Mary 11. Utter 2-S 55 Basement First Christian Church - 6th and Throck- A. G. Johnson morton Streets 2-N 2 Court House ,Basement Test End E. 'N. Provine 3-E 56 Fire Hall-1401 Kennedy S. J. Hiller 3-91 3 Fire Hall - 16th & Jones S. M. Smith 4-E 4 Central Fire Hall Throckmorton & Monroe R. C. Fuller 4-W 57 Rotary Park 7th & Summit W. B. Renfro JARD PRECINCT VOTING PLACE & PRESIDING -I,ogaiON L-LDGfi 5-E 59 Garland's Store 1101 E. Hattie Street R. T. Garland 5--W 5 Missouri Avenue Methodist Church 522 Missouri Avenue H. R. Zimmerman 6-7; 54 Lernond's Hospital Drug r Store - 1406 Pennsylvania Avenue A. X. Evans 5-C 53 Fire Hall - Petersmith & Fulton T. L. Hogle 6-E 6 Fire Hall - Tucker & South Bryan Miss Ella Bideker 7-ST 7 Harger Furniture Co. 1119 S. Main St. J. P. Saar 7-SW 94 Store Building - May & Richmond Mrs. Sam Dennis 7-SE 79 Worth Drug Store 2300 Evans Avenue Mrs. C. E. Dinkins 7-NE 57 Police Htation 1101 Missouri Avenue W. B. Collup 7-E 73 Fire Hall - New York & Maddox Avenue R. Hansen 7-S 89 Residence - J. R. Black 957 Mulkey J. R. Black 9-NE S Frank Williams Grocery 1000 W. Magnolia Ed. L. Sorrells 9-Se 71 Gai ther's Drug Store 1501 College Avenue Mrs. Ida Heck -S 96 Sterrett's Drug Store 2001 6th Avenue Mrs. Hugh Sloan S•.W 60 Cowell Florist 1625 5th Avenue Mrs. F. W. Wheeler 9-NW 70 Cyrus Drug Store 1314 Magnolia Avenue L. F. Perkins 9•-E 61 Fire Hail - Peach Street Miss Lela Walker 9-77 9 Court House Basement in East End Mrs. Christine Duncan 10-SW 97 Busby Service Station 3100 Willing J. R. Francisco 10-SL 79 Service Drug Store 3101 Hemphill J. W. Heffington 'YAFJ) PRECINCT VOTING PLACE & PRESIDING O--C 77 Fire Hall - 2900 Lipscomb J. J. Ray O-N 62 Sterarts Drug Store 242J 93mphill Mrs. W. B. Rosa 11-E 49 Fire Hall - 12th & North ;lain Street K. Robey 11-W 67 McIntosh Drug Store 710 W. Central W. 0. Bellamy 11-NW 67 Fire Hall - 18th & Belmont J. R. Goff 12-,7 69 Trinity Methodist Church - 25th & Azle C. P. Martin 12-0 92 Acme Roofing Company 912 T. 25th Street J. W. Vaughn 12-B 49 North Main Street Drug Store - 2401 N. Main St. Mrs. Russell Babcock 13-g 10 Fire Hall - 1500 E. Hattie Mrs. I, M. Boyd 13-0 SO Beverley's Store 2003 Vickery Blvd. F. J. Evans 13-S 90 J. Z. Dalton Grocery 1349 E. Richmond R. H. Dodd 14-s 91 Carlson School J. W. Ballard i4--N 95 Park Hill Pharmacy 2979 Park Hill Drive W. A. Arnold 15-S 15 J. H. Hudson's Grocery Stove Foundry Road Matt Attwood 15-N 64 West's Sandwich Shop 3100 W. 7th Street Mrs. L. L. Buri 16_E 16 Vacant Store Room 4103 Camp Bowie Blvd. U. M. Lee 16-C 96 Fire Hall - Carlton & Mrs. M. A. Elliott Camp Bowie Blvd. 16-W 94 Arlington Hts. Pharmacy 4702 Bryce Paul W. Evans 17 17 Vance's Store 2716 Azle Avenue Mrs. C. W. Vance 19 51 Diamond Hill Methodist Church - 3005 Oscar Mrs, J. A. Stephenson 19-S 19 Odd Fellows Hall Riverside Mrs. Owen Brown 19-N 92 Fire Hall - Riverside J. J. $urley 20 66 Stop 3 Pharmacy 2639 Dallas Pike 0. G. Patterson WARD PRECINCT VOTING PLACE & PRESIDING LOCATION JUICE 21-S 11 Fire Hall - Vaughn Street J. R. Jackson 21-W 75 Polytechnic Drug store 800 Nashville Street J. M. Lanham 22-W 74 Residence J. B. Allgood 3324 Hanger J. B. Allgood 22-E 99 Bishop St. Drug Store 2201 Bishop Street J. M. Hard 23-:E 14 Whitley's Drug Store 3900 Hemphill E. T. Jenkins 23-W 85 Seminary Filling Station 2123 Gambrell L. M. Jones 24 76 Olinger Pharmacy 2144 Mistletoe Blvd. H. H. Marks 25 50 Hamilton's Grocery 3121 N. Houston F P. Carson 26 91 Lacey's Lake Side Inn Near 9 Mile Bridge J. B. Lacey 27 88 Fire Nall - Oakland & Meadowbrook Drive Mrs. J. G. Reeve 28 83 Jaco's Store 4222 Wichita Street E. E. Jaco 29 22 Municipal Golf House Sam H. Jenkins SECTION III. That said election shall be held under the provi- sions of the Charter of the City of Fort Worth, Texas, the Con- stitution and Laws of said State, insofar as same may be appli- cable and resident qualified property taxpaying voters in said City shall be allowed to vote upon said propositions. SECTION IV. Each proposition for the issuance of said bonds shall be separately stated, so that the voters shall pass upon each separately and apart from the others. All voters who favor the proposition to issue the street improvement bonds shall have written or printed upon their ballots, the words: "For the issuance of street improvement bonds," and those opposed shall have written or printed upon their ballots, the words: "Against the issuance of street improvement bonds". All voters who favor the proposition to issue the fire protection bonds shall have written or printed upon their ballots, the words: "For the issuance of fire protection bonds#, and those opposed shall have written or printed upon their ballots, the words: "Against the issuance of fire protection bonds". All voters who favor the proposition to issue the airport bonds shall have written or printed upon their ballots, the words: "For the issuance of airport bonds", and those opposed shall have written or printed upon their ballots, the words: "Against the issuance of airport bonds". SECTION V. The way and manner of holding this special election, the notice to be given therefor, the polling places, the per- sonnel of the officers who are to hold the same, and all de- tails connected with the holding of the election shall be de- termined and arranged by the City Council and proper notice of such matters shall be given in a proclamation by the Mayor. SECTION VI. That the Secretary-Treasurer is hereby ordered and directed to' prepare ballots and stamp same "Official Ballot", on which ballots shall be printed all the propositions as have been set forth hereinbefore. SECTION VII. That all of said bonds shall be in such denomination as may be determined by the City Council and shall mature serial- ly, beginning at the expiration of five years and mature in the regular order in which-they are numbered; making the last bonds mature within forty (40) years from the date thereof, unless the City Council, in the exercise of its discretion shall other- wise provide for such maturity and said bonds shall be sold at not less than par, and shall bear interest at a rate not to ex- ceed five (5%) per cent per annum, payable semi-annually. SECTION VIII. That the Secretary-Treasurer shall furnish election officials said ballots, together with any other forms or blanks in accordance with the Charter of the City of Fort Worth and the Laws of the State of Texas, insofar as same are applicable. SECTION I%. A copy of this ordinance, signed by the Mayor of the City of Fort Worth, Texas, and attested by the City Secre- tary-Treasurer, shall serve as a proper notice of said elec- tion. SECTION X. The secretary-treasurer is hereby authorized and directed to cause said notice of the election to be posted up at each election precinct at least thirty days before the date of said election. SECTION XI. The Secretary-Treasurer is further authorized and directed to cause said notice of the election to be published in some daily newspaper of general circulation once each peek for four weeks prior to the date of said election. SECTION XII. The holding or adjudication of any section, portion, or part hereof, to be invalid shall not affect the validity of any section, portion or part of this Ordinance, but all such other sections, portions and parts hereof shall be and remain valid. SECTION XIII. This Ordinance shall take effect and be in full force and effect from and after the date of its passage, and it is so ordained. CITY OF FORT WORTH BY Im. HRY B Mayor ATTEST: .,L. VAN ZAb T Jr. City Secretary-. reasurek APPROVED AS TO FORM: Rt Olt; Attolmay, ORDIN,AANCE No. �'itle to day 19 City Secretary