HomeMy WebLinkAboutOrdinance 2794 ORDINANCE NO. 1 7 7}L
AN ORDINANCE PROVIDING FOR THE ISSUANCE OF NEGOTIABLE COUPON
BONDS OF THE GOVERNMENT OF THE CITY OF FORT WORTH, TEXAS,
AMOUNTING TO THE PRINCIPAL SUM OF TWO HUNDRED THOUSAND DOL-
LARS (6200,000.00), IN ADDITION TO THE SUM OF THREE HUNDRED
THOUSAND DOLLARS ($300,000.00) WORTH OF SAID BONDS HERETO-
FORE ISSUED OUT OF AN AUTHORIZED ISSUE OF SEVEN HUNDRED
THOUSAND DOLLARS ($700,000.00), AND BEING KNOWN AS SERIFS
75 AND DESIGNATED AS "PARK BONDS," TO BE ISSUED FOR THE PUR-
POSE OF PURCHASING, ACQUIRING AND IMPROVING LAND AND PROP-
ERTY FOR PUBLIC PARKS IN SAID CITY, EACH OF SAID BONDS TO
BE IN THE DENOMINATION OF ONE THOUSAND DOLLARS ($11000.00),
TO BE DATED SEPTEMIM 1, 1950, MATURING FROM SIX (6) TO
TWENTY-FIVE (25) 'YEARS> FROM THE DATE THEREOF, THE FIRST
FORTY THOUSAND DOLLARS ($40,000.00) WORTH OF SAID BONDS
TO BEAR INTEREST AT THE RATE OF ONE AND ONE-HALF PER CENT
(1-1/2%) PER ANNUM AND THE NEXT ONE HUNDRED AND SIXTY THOU-
SAND DOLLARS ($160,000.00) WORTH OF SAID BONDS TO BEAR IN-
TEREST AT THE RATE OF ONE AND THREE,-QUARTERS PER CENT
(1-3/4%) PER ANNUM, SAID INTEREST BEING PAYABLE SEMI-ANNUALLY,
THE INTEREST TO BE EXPRESSED IN COUPON NOTES ATTACHED TO THE
BONDS; DIRECTING THAT TA SAID BONDS BE EXECUTED BY THE MAYOR
AND CITY SECRETARY; PROVIDING FOR AN ADEQUATE TAX LEVY FOR
THE PAYMENT OF THE INTEREST ON SAID BONDS AND TO CREATE A
SINKING FUND FOR THE PAYMENT OF THE PRINCIPAL THEREOF AS
THE SAME MATURES FROM TIME TO TIME; AND PROVIDING THAT THIS
ORDINANCE SHALL BE IN FORCE AND EFFECT FROM AND AFTER THE
DATE OF ITS PASSAGE.
WHEREAS, on the 5th day of September, A. D. 1945, pursuant to the
authority vested in said City by Section 19 of Chapter XXV of the
Charter of the City of Fort Worth, adopted by the qualified voters
within the limits of said City on the llth day of December, A. D.
1924, and the laws and Constitution of the State of Texas, the City
Council of the City of Fort Worth, Texas, by an ordinance of that date,
directed the submission to the qualified electors who own taxable prop-
erty in the City of Fort Worth,Texas, and who have duly rendered the
same for taxation, at an election to be held in said City on the 2nd
day of October, A. D. 1945, of the right, power and authority of the
City Council of the City of Fort Worth, Texas, to issue negotiable
coupon bonds of the corporate government of said City in the principal
sum of Seven Hundred Thousand Dollars ($700,000.00) for the purpose of
purchasing, acquiring and improving land and property for public parks
in said City; and,
WkERFAS, in conformity with said ordinance, the Mayor of said City
did make proclamation of said election and fined the date thereof for
the 2nd day of October, A. D. 1945; and•
[hWIMAS, said election order and proclamation thereof were prepared
and published in the manner and for the time prescribed in said ordi-
nance; and,
NEMMS, on the 2nd day of October, A. D. 1945, said election was
held in the City of Fort Worth, Texas, at the respective polling places
designated in the election order, at which said election the issuance
of said bonds was submitted as a proposition to the qualified electors
of said City who own taxable property in the City of Fort {Korth, Texas,
and who have duly rendered the same for taxation; and,
WEXFXAS, the official ballot on said occasion, in conformity with
the ordinance of the City Council hereinabove mentioned and in accordance
with the order of said election, in form and in substance reads as fol-
lows:
OFFICIAL BALLOT
I.
Shall the City of Fort Worth, Texas, through its City Council,
issue its negotiable coupon bonds in the principal sum of Nine Million
Dollars ($9,000,000.00) for the purpose of constructing, improving and
extending the streets, thoroughfares and storm sewers of said City, in-
cluding in such permanent public improvements the straightening, widen-
ing, paving, grade separation, lighting and drainage of said streets
and thoroughfares, and acquiring the necessary lands therefor, said
bonds being payable serially as may be determined by the 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
four per cent (4%) 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 fond sufficient to redeem said bonds at the ma-
turity thereof?
FOR the Issuance of Street Improvement Bonds.
AGAINST the Issuance of Street Improvement Bonds.
II.
Shall the City of Fort Worth, Texas, through its City Council,
issue its negotiable coupon bonds in the principal sum of Two Million,
Five Hundred Thousand Dollars (82,500,000.00) for the purpose of estab-
lishing, equipping, extending and improving municipal airports and land-
ing fields for airplanes, aircraft and other aerial machines, and ac-
quiring the necessary lands therefor, said bonds being payable serially
as may be determined by the City Council, so that the last maturing
bonds shall become payable within forty (40) years from the date there-
of, bearing interest at a rate not to exceed four per cent (4%) per
annum from the date thereof, payable semi-annually, and levy a suf-
ficient tax to pay the interest on said bonds and create a sinking
fund sufficient to redeem said bonds at the maturity thereof?
FOR the Issuance of Airport Bonds.
AGAINST the Issuance of Airport Bonds.
III.
Shall the City of Fort Worth, Texas, through its City Council,
issue its negotiable coupon bonds in the principal sum of Two Million
Dollars ($2,000,000.00) for the purpose of improving, extending and
enlarging the sanitary sewer system and sewage disposal plant of said
City, and acquiring the necessary lands therefor, said bonds being
payable serially as may be determined by the City Council, so that
the last maturing bonds shall became payable within forty (40) years
from the date thereof, bearing interest at a rate not to exceed four
per cent (4%) 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 there-
of?
FOR the Issuance of Sanitary Sewer System and Sewage Disposal
Plant Bonds.
AGAINST the Issuance of Sanitary Sewer System and Sewage Dis-
posal Plant Bonds.
IV.
Shall the City of Fort North, Texas, through its City Council,
issue its negotiable coupon bonds in the principal sum of Three Mil-
lion Sollars ($3,000,000.00) for the purpose of improving, extending
and enlarging the water works and water works system of said City,
and acquiring the necessary lands therefor, said bonds being payable
serially as may be determined by the 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 four per
cent (L,%) 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 there-
of?
FOR the Issuance of 'rater Works Bonds.
AGAINST the Issuance of Skater Works Bonds.
V.
Shall the City of Fort Worth, Texas, through its City Council,
issue its negotiable coupon bonds in the principal sum of Three Hun-
dred Thousand Dollars (6300,000.00) for the purpose of constructing,
building and equipping a police station and jail building, said bonds
being payable serially as may be determined by the 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
four per cent (4) per annum from the date thereof, payable xemi-
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 ma-
turity thereof?
FOR the Issuance of Police Station and Jail Building Bonds.
AGAINST the Issuance of Police Station and Jail Building
Bonds.
VI.
Shall the City of Fort North, Texas, through its City Council,
issue its negotiable coupon bonds in the principal sum of Seven Hun-
dred Thousand Dollars ($700,000.00) for the purpose of purchasing, ac-
quiring and improving land and property for public parks in said City,
said bonds being payable serially as may be determined by the 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 four per cent (4%) 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?
FOR the Issuance of Park Bonds.
AGAINST the Issuance of Park Bonds.
VII.
Shall the City of Fort Worth, Texas, through its City Council,
issue its negotiable coupon bonds in the principal sum of Five Hundred
Thousand Dollars ($500,000.00) for the purpose of purchasing, acquir-
ing and improving the playgrounds and recreation parks of said City,
said bonds being payable serially as may be determined by the 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 four per cent (4) 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?
FOR the Issuance of Playground and Recreation Park Bonds.
AGAINST the Issuance of Playground and Recreation Park
Bonds.
VIII.
Shall the City of Fort Worth, Texas, through its City Council,
issue its negotiable coupon bonds in the principal sum of Eight Hun-
dred Thousand Dollars ($800,000.00) for the purpose of constructing,
building and equipping an art and childrents museum for said City,
and acquiring the necessary land therefor, said bonds being payable
serially as may be determined by the 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 four per cent
(4%) per annum from the date thereof, payable semi-annually, and levy
a sufficient tax to pay the interest on said bonds and create a sink-
ing fund sufficient to redeem said bonds at the maturity thereof?
FOR the Issuance of Art and Children's Museum Bonds.
AGAINST the Issuance of Art and Childrents Museum Bonds.
IX.
Shall the City of Fort Worth, Texas, through its City Council,
issue its negotiable coupon bonds in the principal sum of Five Hundred
Thousand Dollars ($500,000.00) for the purpose of constructing, build-
ing and equipping a recreation center building and amphitheater for
said City, and acquiring the necessary land therefor, said bonds be-
ing payable serially as may be determined by the 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
four per cent (4%) 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 ma-
turity thereof? ,
FOR the Issuance of Recreation Center Building and Amphi-
theater Bonds.
AGAINST the Issuance of Recreation Center Building and
Amphitheater Bonds.
X.
Shall the City of Fort Worth, Texas, through its City Council,
issue its negotiable coupon bonds in the principal sum of One million,
Five Hundred Thousand Dollars ($1,500,000.00) for the purpose of con-
structing, equipping and improving agricultural and livestock exhibit
buildings for said City, and acquiring the necessary lands therefor,
said bonds being payable serially as may be determined by the 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 four per cent (4%) 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?
FOR the Issuance of Agricultural and Livestock Exhibit
Building Bonds.
AGAINST the Issuance of Agricultural and Livestock Exhibit
Building Bonds.;
and,
SAS, in the election held in said City of Fort Worth, Texas,
on the 2nd day of October, A. D. 1945, on the question of the issuance
of said bonds hereinbefore mentioned, there was a majority of votes
in favor of the issuance of said bonds; and,
WHERMAS, by virtue of said election, said City Council is vested
with power and authority by and from the qualified electors who own
taxable property in the City of Fort North, Texas, and who have duly
rendered the same for taxation, to issue said bonds for the purposes
aforementioned and to make same valid and binding obligations of the
corporate government of the City of Fort Worth, Texas; and,
WHEMS, the City Council, in accordance with the power vested in
said governing body, did lawfully pass and adopt an ordinance on the
18th day of December, A. D. 1946, authorizing the issuance of negotiable
coupon bonds of the government of the City of Fort Worth amounting to
the principal sum of Two Hundred Thousand Dollars ($200,000.00); and,
WHEREAS, the City Council, in accordance with the power vested in
said governing body, did lawfully pass and adopt an ordinance on the
14th day of September, A. D. 1949, authorizing the issuance of nego-
tiable coupon bonds of the government of the City of Fort North amount-
ing to the principal sum of One Hundred Thousand Dollars ($100,000.00);
and,
WEMU A3, all of the above described bonds were issued out of an
authorized issue of Seven Hundred Thousand Dollars ($700,000.00) worth
of said bonds, which bonds were authorized to be issued by the prop-
erty taxpaying qualified voters of said City at an election held on
the 2nd day of October, A. D. 1945, and all of them being a part of
and known as Series 75, and designated as "Park Bonds"; and,
WHEREAS, it is deemed wise and expedient by the City Council of
the City of Fort Worth, Texas, in the exercise of the discretion re-
posed in it by law, that Two Hundred Thousand Dollars ($200,000.00)
worth of said bonds, in addition to the Three Hundred Thousand Dollars
($300,000.00) worth of said bonds heretofore issued and sold out of
the authorized issue of Seven Hundred Thousand Dollars 4700,000.00),
be issued in bonds at this time, said bonds to be issued being a part
of Series 75 and designated as "Park Bonds"; NOW, 4HMREFORG,
HE IT OM41N:D BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS:
SECTION I.
That the municipal government of the City of Fort Worth, Texas,
issue its corporate negotiable coupon bonds in the principal sum of
Two Hundred Thousand Dollars ($200,000.00), this amount being in addi-
tion to the Two Hundred Thousand Dollars ($200,000.00) worth of said
bonds heretofore issued by an ordinance lawfully passed and adopted on
the 18th day of December, A. D. 1946, and the One Hundred Thousand Dol-
lars ($1.00,000.00) worth of said bonds heretofore issued by an ordi-
nance lawfully passed and adopted on the 14th day of September, A. D.
1949; that the bonds above described were issued and sold out of an au-
thorized issue of Seven Hundred Thousand Dollars ($700,000.00), au-
thorized to be issued at a proper election held on the 2nd day of Octo-
ber, A. D. 1945, which bonds are known as Series 75 and designated as
"Park Bonds"; that the bonds so to be issued shall be in the denomina-
tion of One Thousand Dollars ($1,000.00) each, dated September 1, 1950,
the first Forty Thousand Dollars ($40,000.00) worth of said bonds, ma-
turing from 1956 to 1959, inclusive, to bear interest at the rate of
one and one-half per cent (1-1/2%) per annum and the next One Hundred
and Sixty Thousand Dollars ($160,000.00) worth of said bonds, maturing
from 1960 to 1975, inclusive, to bear interest at the rate of one and
three-quarters per cent (1-3/4%) per annum, payable semi-annually on
the first day of March and September of each year respectively, both
principal and interest of said bonds being payable at the Central Han-
over Bank and Trust Company, in the City of New York, State of New York,
the semi-annual interest being evidenced by interest coupons attached
thereto, all of said bonds to be executed for and on behalf of the City
of Fort Worth, Texas, by the Mayor thereof, attested by its City Secre-
tary, with the seal of the City thereon duly impressed, but the inter-
est coupons to be executed with the lithographed facsimile signatures
of the Mayor and City Secretary of the City of Fort Worth, Texas; that
each of said bonds and coupons shall be negotiable and payable to bearer,
and said bonds shall be numbered in the way and manner hereinafter set
out, so that the last maturing bond shall become payable within twenty-
five (25) years from the date thereof, and the bonds themselves, two
hundred (200) in number, shall be numbered consecutively from three hun-
dred and one (301) to five hundred (500), inclusive, and shall mature in
the amount and manner hereinafter set out; and that said bonds shall be
issued for the purpose of purchasing, acquiring and improving land and
property for public parks in said City.
That the general form of said bonds and the coupons thereto an-
nexed and the interest added to said bonds shall be executed substan-
tially in the following form:
SECTION II.
That the said bonds so to be issued by the City of Fort Worth,
Texas, amounting to Two Hundred Thousand Dollars ($200,000.00), in ad-
dition to the sum of Three Hundred Thousand Dollars ($300,000.00) worth
of said bonds heretofore issued out of the said authorized issue of
Seven Hundred Thousand Dollars ($700,000.00), shall be issued for the
purpose of purchasing, acquiring and improving land and property for
public parks in said City, and shall consist of two hundred (200)
bonds numbered from three hundred and one (301) to five hundred (500),
inclusive, and the first Fbrty Thousand Dollars ($40,000.00) worth of
said bonds, maturing from 1956 to 1959, inclusive, shall bear interest
at the rate of one and one-half per cent (1-1/2%) per annum, and the
next One Hundred and Sixty Thousand Dollars ($160,000.00) worth of said
bonds, maturing from 1960 to 1975, inclusive, shall bear interest at
the rate of one and three-quarters per cent (1-3/4%) per annum, payable
semi-annually, as aforesaid, all of which said two hundred (200) bonds
shall be known as Series 75 and shall be styled and designated as "Park
Bonds1l; and that all of the said bonds, comprising the sum total of Two
Hundred Thousand Dollars ($200,000.00), shall mature in numerical order
in the manner and amounts as set out in the tabulated statement herewith,
attached, to wits
SECTION III.
That the said bonds are hereby authorized to be sold to the best
advantage, but in no event shall same be sold for less than par, and
the accrued interest to the time of delivery and the proceeds thereof
to be placed in the treasury of the City of Fort Worth and utilized
for the special purposes for which they are created.
SECTION IV.
That for the purpose of paying the interest of said bonds, as well
as the various installments of principal, as the same shall respective-
ly mature, there is hereby levied for the year 1950 and for each suc-
ceeding year thereafter so long as the same may be necessary, to provide
for the interest and annual installments of principal of said bonds, on
all property in the City of Fort Worth, Texas, liable to taxation, a
straight ad valorem tax of .2243 cents on the one hundred dollar valua-
tion of said property, or so much thereof as may be necessary, or in ad-
dition thereto as may be required, and if at any time the amount of said
tax shall not be sufficient to provide for the interest and annual in-
stallments of principal, it shall be the duty of the City Council to so
increase said rate that an amount shall be realized from said tax suf-
ficient to meet the requirements aforesaid for interest and annual install-
ments of principal of said bonds; and it is hereby promised and agreed
that such increase of tax shall be made, if required for the purposes
named, as often as it may be necessary. There shall be assessed and col-
lected annually a sufficient sum to pay the interest on such bonds and to
create a sinking fund of at least two percentum (2%) of the principal
debt herein authorized.
SECTION V.
That it shall be the duty of the City Council of the City of Fort
Worth, Texas, and its successors, and of the government of the City of
Fort Worth, in levying taxes for general purposes for the said City for
r
the year 1950 and for every successive year during the life of said bonded
indebtedness or any part thereof, to include in such levy the special tax
of .2243 cents on the one hundred dollar property valuation (or so much
thereof as may be requisite and necessary, or in addition thereto as may
be required), provided for in the next preceding section of this ordi-
nance, and said special tax shall on no account whatever be displaced
therefrom.
SECTION VI.
That the special tax hereinbefore provided for, when collected,
shall be placed and kept in a separate fund and shall be devoted to the
payment of the interest and the extinguishment of the principal of all
and singular the bonds hereinabove mentioned as same mature from time to
time, and shall not be used, applied or diverted to any other purpose
or object whatsoever; and the funds derived from said tax shall be held
and listed as a separate account on the books of said City and the pro-
ceeds'held and kept by the City Treasurer of said City as a separate
and distinct account and so specified as such on his books.
SECTION VII.
That as soon as convenient after said bonds shall have been pre-
pared and signed in the manner prescribed by the ordinance, they shall
be submitted to the Attorney General of the State of Texas, together
with a certified copy of this ordinance and a statement of the total
bonded indebtedness of the City of Fort Worth, including the bonds here-
in and hereby authorized and the assessed value of the taxable property
in said City, for his approval, and none of said bonds shall be nego-
tiated, sold or transferred until the same shall have received the of-
ficial sanction of the said Attorney General as prescribed by law, and
thereafter said bonds shall be placed with the State Comptroller of
Public Accounts for registration.
SECTION VIII.
That the City Treasurer of the City of Fort 'North, or other lawful
custodian of such fund, during the months of February and August of
each and every year during the life of said bonds or part thereof,
and not later than the 25th day of each of said months, shall transmit
sufficient money out of the interest funds hereinbefore created for
the payment of the semi-annual interest accruing on said bonds to the
Central Hanover Bank and Trust Company, of the City of New York, State
of New York, and likewise proper remittance shall be made in due course
to provide for the payment of the principal of any of said bonds in
advance of the maturity of same.
SECTION IX.
That this ordinance shall take effect and be in full force and ef-
fect from and after the date of its passage, and it is so ordained.
Mayor of the City of Fort Worth, Texas
ATTEST:
City Secretary of the City of
Fort Worth, Texas
APPKVED AS TO FORM AND LEGALITY:
fJ
City Attorney of the City of
Fort Worth. Texas
NO. UNITED STATES $
OF AMERICA
STATE OF TM=, COUNTY OF TARRANT
SERIES 75
C I T Y O F F 0 R T W 0 R T H
--oc0oo—.
Park Bond of the City of Fort North issued for the purpose of purchas-
ing, acquiring and improving land and property for public parks
in said City.
KNOW ALL MEN BY THESE PRESENTS:
That the government of the City of Fort Worth, a municipal corpora-
tion duly created under the laws of the State of Texas, hereby acknowl-
edges itself to owe, and for value received promises to pay to bearer,
ONE THOUSAND DOLLARS ($1,000.00)
in lawful money of the United States of America, on the first day of
September, A. D. 19 , together with interest thereon at the-rate
of pereentum ( %) per annum, payable semi-
annually on the first day of March and September in each year, on
presentation and surrender of the annexed interest coupons as they
severally fall due. Both the principal and interest of this bond are
payable at the office of the Central Hanover Bank and Trust Company,
in New York City, New York, and for the due and punctual payment of
this bond at the maturity thereof, and the interest thereon when it
falls due, the full faith, credit and resources of the City of Fort
Worth are hereby irrevocably pledged.
This bond is one of a series of two hundred (200) bonds numbered
consecutively from three hundred and one (301) to five hundred (500),
inclusive, in the denomination of One Thousand-Dollars ($1,000.00)
each, amounting in the aggregate to the sum of Two Hundred Thousand
R
Dollars ($200,000.00), issued for the purpose of purchasing, acquiring
and improving land and property for public parks in said City, under
and by virtue of the Constitution and laws of the State of Texas, the
Charter of the City of Fort Worth, and an ordinance lawfully passed
and adopted by the City Council of the City of Fort Worth, pursuant
to valid authority from the property taxpaying qualified voters of
said City, at a proper and legal election held on the 2nd day of Octo-
ber, A. D. 1945.
It is hereby further expressly represented, recited and covenanted
by the government of the City of Fort Worth, to and with each and
every holder of said bonds or any one of them, that all acts, condi-
tions and things required by the Constitution and laws of the State
of Texas, and of the Charter and Ordinances of the City of Fort Worth,
precedent to and in the issuance of this bend, have been done, have
happened and have been performed in proper and lawful time, form and
manner as prescribed by law, so as to make this bond a legal, binding
and valid obligation of the City of Fort Worth, and that provision
has been made for the levy and collection of a direct annual tax on
all taxable property in the City of Fort Worth, and that such tax has
been levied in a sufficient amount for the payment of the principal
and interest of this bond at the respective maturity dates thereof,
and that the total indebtedness of said City, including this bond and
the issue of which it is a camponent part, does not exceed any consti-
tutional or statutory limitation.
IN TESTIMONY WBMEOF, the City of Fort Worth, in the State of
Texas, has executed this bond by causing it to be signed by its Mayor
and attested by the City Secretary, with the seal of the City there-
unto duly impressed, and has caused the annexed interest coupons to
�r
. or.and City Sears-
be executed with the facsimile Oignatur4e of toe
. a f isst day of
tart', and has caused this bond to be dated ag
September, A. D. 1950.
�FOEtT WORTS, �
BY
ATTEST:
City secretary
w
± IM +�
�i x
(FORM OF COUPON NOTE)
The City of Fort Worth, in the State of Texas, promises to pay to
Bearer ( _ ) on the let day of
19 , at the Central Hanover Bank and
Trust Company, in the City of New York, New York, for interest due
that day on its Park Bond, Series 75, dated September 1, 1950, and
numbered
CITY OF FORT WORTH, TEXAS
BY
Mayor
ATTEST:
City Secretary
NO.
(CERTIFICATE OF COMPTROLLER)
OFFICE OF COMPTROLLER,
STATE OF TEXAS.
I do hereby certify that there is on file and of record in my of-
fice a certificate of the Attorney General of the State of Texas to
the effect that this bond has been examined by him as required by law,
and that he finds it has been issued in conformity with the Constitu-
tion and laws of the State of Texas, and that it is a valid and bind-
ing obligation upon said City of Fort Worth, Texas, and said bond has
this day been registered by me.
WITNESS my hand and seal of office, at Austin, Texas, this the
day of „ A. D. 19
Comptroller of Public Accounts
of the State of Texas
t
CITY OF FORT WORTH
PRINCIPAL MATURITIES
$200,000,00 PARK BONDS
DATED SEPTEM FAR 1, 1950
DUE SEPT9WER 16T PRINCIPAL MATURING
1951 # -0-
1952 -0-
1953 -0-
1954 -0-
1955 -0-
1956 10,000.00
1957 10,000,00
1958 10,000.00
1959 100000.00
196o 10,000.00
1961 10,000.00
1962 10,000.00
1963 10,000.00
1964 10,000.00
1965 10,000.00
1966 10,000.00
1967 10,000.00
1968 10,000.00
1969 10,000.00
1970 10,000.00
1971 10,000.00
1972 10,000.00
1973 10,000.00
1974 10,000.00
1975 10,000.00
ORDINANCE
No. 4/_.
Titl 4
Date
Filed Day of
19
City Secretary
rt
P. 0.No. 13697-R