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HomeMy WebLinkAboutOrdinance 2097 i ORDINANCE NO.., 9 AN ORDINANCE PROVIDING FOR THE SUBMISSION TO THE QUALI— FIED ELECTORS WHO OWN TAXABLE PROPERTY IN THE CITY OF FORT WORTH, TEXAS, AND WHO HAVE DULY RENDERED THE SAME FOR TAXATION PROPOSITIONS FOR THE ISSUANCE OF NEGOTIABLE COUPON BONDS OF SAID CITY IN THE AGGREGATE SUM OF THREE MILLION DOLLARS ($3,000,000.00) FOR THE PURPOSE OF ES— TABLISHING, EQUIPPING, EXTENDING AND IMPROVING MUNICIPAL AIRPORTS AND LANDING FIELDS FOR AIRPLANES, AIRCRAFT AND OTHER AERIAL MACHINES, AND ACQUIRING THE NECESSARY LANDS AND PROPERTY THEREFOR; FOR CONSTRUCTING, IMPROVING AND EXTENDING THE STREETS, THOROUGHFARES AND STORM SEWERS OF SAID CITY; FOR CONSTRUCTING, BUILDING AND EQUIPPING ADDITIONAL INCINERATORS FOR SAID CITY AND ACQUIRING THE NECESSARY LANDS AND SITESTHEREFOR; FOR BUILDING, ENLARGING AND IMPROVING THE GARAGES AND REPAIR SHOPS OF SAID CITY AND ACQUIRING THE NECESSARY LANDS AND SITE THEREFOR; AND FOR IMPROVING, EXTENDING AND ENLARGING THE SANITARY SKfiER SYSTEM AND THE SEWAGE DISPOSAL PLANT OF SAID CITY; SAID BONDS TO BE IN SUCH DENOMINATIONS AS MAY BE DETERMINED BY THE CITY COUNCIL, MATURING WITHIN FORTY (40) YEARS FROM THE DATE THEREOF, BEARING INTEREST FROM THE DATE THEREOF AT A RATE NOT TO EXCEED FOUR PER CENT (4%) PER ANNUM, PAYABLE SEMI—ANNUALLY, EXPRESSED IN COUPON NOTES ATTACHED TO THE BONDS; LEVYING A SUF— FICIENT TAX TO PAY THE INTEREST ON SAID BONDS AND CREAT— ING A SINKING FUND SUFFICIENT TO REDEEM SAID BONDS AT THE MATURITY THEREOF; AND CALLING A SPECIAL ELECTION FOR THE PURPOSE, TO BE HELD IN THE CITY OF FORT VYDRTH, TEXAS, ON TUESDAY, THE 4TH DAY OF MARCH, A. D. 1941. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: SECTION 1. That a special election be held in the City of Fort Worth, Texas, on Tuesday, the 4th day of March, A. D. 1941, at the polling places herein— after described, between the hours of seven o1clock A. M. and seven o'clock P. M., at which election the following propositions for the issuance of bonds for the City of Fort Worth, Texas, shall be submitted to the qualified electors who own taxable property in said City and who have duly rendered the same for taxation: r s I• Shall the City of Fort forth, Texas, through its City Council, ism sue its negotiable coupon bonds in the principal sum of One Million, Two Hundred and Fifty Thousand Dollars ($1,250,000.00) for the purpose of es- tablishing, equipping, extending and improving municipal airports and land- ing fields for airplanes, aircraft and other aerial machines, and acquiring the necessary lands and property 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 inter- eat on said bonds and create a sinking fund sufficient to redeem said bonds at the maturity thereof? II, Shall the City of Fort Worth, Texas, through its City Council issue its negotiable coupon bonds in the principal sum of One Million, One Hundred and Twelve Thousand Dollars (61,112,000.00) for the purpose 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, lighting and drainage of said streets and thorough'* fares, 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? III. Shall the City of Fort Worth, Texas, through its City Council issue its negotiable coupon bonds in the principal sum of Three Hundred and Twenty Thousand Dollars ($320,000.00) for the purpose of constructing, building and equipping additional incinerators for said City and acquiring the necessary lands and sitestherefor, said bonds being payable serially as may be de- termined 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? Iv. Shall the City of Fort Worth, Texas, through its City Council issue its negotiable coupon bonds in the principal sum of One Hundred and Sixty Thousand Dollars ($160,000,00) for the purpose of building, enlarging and improving the garages and repair shops of said City and acquiring the neces- sary lands and site 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, pay.. able 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? V. Shall the City of Fort Worth, Texas, through its City Council issue its negotiable coupon bonds in the principal sum of One Hundred and Fifty eight Thousand Dollars ($158,000.00) for the purpose of improving, extend— ing and enlarging the sanitary sewer system and sewage disposal plant 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? SECTION 2, Said election shall be held at the following places, with the follow" ing named persons appointed presiding judge of said election, to wit: PRECINCT WARD LOCATION JUDGE 1 1 Fire Hall - 2nd & Commerce Howard Higby 55 2-S Petersmith School R. E. L. Costan 715 W. Second Street 2 2 N Courthouse Basement C. L. Crutcher West End 56 3-E Fire Hall - 1401 Kennedy St. Miss Mary Bell Flory 3 3-W Fire Hall - 16th & Jones Wm. E. Hood 4 4-2 Fire Hall - Texas & Cherry R. C. Fuller 57 4•W Rotary Park - 7th & Summit Gambell Randle 58 5-E Bessie Street Repair Shoe Shop Mrs. Minnie Utley 1001 Bessie Street 5 5-W East Van Zandt School H. R. Zimmerman 615 Missouri Avenue 51. 6-W Gordon Boswell Floral Co. Gordon Boswell 1220 Pennsylvania Avenue 53 6-C Fire Hall Mrs. C. V. Kile Petersmith & Fulton 6 6-E Fire Hall - Tucker & Bryan Miss Sallie Million 7 7•-NYP Jennings Avenue High School J. P. Near 1015 Jennings Avenue 84 7-SW Phillips Barber Shop Mrs. Sam Dennis 401 West Richmond Street 79 7-SE Worth Drug Store Mrs. C. E. Dinkins 2300 Evans Avenue 59 7-NE Rock Island Granitoid Coo B. J. ililliams 1051 Evans Avenue 73 7-E Fire Hall - New York & Maddox W. C. Whres 89 7-3 Morningside Elementary School Mrs. S. C. Bussey 2700 Evans Avenue 8 8-NE Earl Painters Motor Company M. Frank Finney 900 West Magnolia Avenue 71 S-SE Fire Hall - 1601 Lipscomb Mrs. J. L. Raysor 96 8-S College Avenue Pharmacy Mrs. T. S. Cyrus 2263 College Avenue PRECINCT WARD LOCATION JUDGE 60 8-W Park Place Fire Hall Mrs. R. W. Wheeler 1616 Park Place 70 8-NW Gebbard Drug Store Mrs. C. W. Akin 1314 West Magnolia Avenue 61 9-E Fire Hall - 1019 Peach St. Lelia Walker 9 9-w Courthouse Basement W. S. Tannahill East End 97 10-SW Denbyts Furniture Store Mrs. Frank Pulliam 1717 Berry Street 78 10-SE Renfro Drug Store Mrs. 0. F. Smith 3040 Hemphill 77 10-C Fire Hall -- 2800 Lipscomb J. J. Ray 62 10-N E. M. Daggett School Mrs. W. K. Rose 2315 College Avenue 48 11 E Fire Hall K. Roby 12th & North Main Street 67 11-SW Denver Avenue School Mrs. W. 0, Bellamy 1412 Denver Avenue 110 11-NW Fire Hall Mrs. J. R. Goff l8th & Belmont 87 11-NE North Side Tech Mrs. W. C. Robinson Corner Park & Lincoln 68 12-W Sam Rosen School R. H. Bogard 1702 N. W. 26th St. 92 12-IC Christian Church Mrs. E. W.Kelley 25th & Chestnut Streets 49 la-E Renfro Drug Store Mrs. Russell Bab- Exchange & North Main Street cock 10 13-N Fire Hall Richard Dixon 1501 East Hattie Street 80 13-C R. Vickery School W. V. Jones 1905 Vickery Boulevard 90 13-S J. E. Dalton Grocery Co. Mrs. Pauline 1910 Yuma Street Tankersley 81 14-,SW Alice E. Carlson School Spencer Smith 3300 West Cantey Street PRECINCT 6ARD LOCATION JUDGE 108 14-SE Fire Station Mrs. Roy Douglas University & Berry 95 14-N Forst's Clover Farm Store Melvin J. Miller 2202 Forest Park Boulevard 15 15-S Arlington Heights High School L. T. Crouch 4505 west Rosedale 64 15-N West Van Zandt School Mrs. Lottie Mes- 1200 University Drive serole 16 16-E Hi-Mount School D. W. Evans 4125 Lafayette 103 16-N North Hi-Mount School Mrs. W. B. Renfro 3801 West 7th Street 86 16-C Fire Hall Mrs. M. A. Elliott Carlton & Camp Bowie 94 16-4Y Arlington Heights Elementary Mrs. Forrest C. School - 5100 E1 Campo Ave. Withers 17 17 Azle Avenue Baptist Church Emmett Curran 2901 Azle Avenue 51 18 Diamond Hill School Mrs. J. A. Steven-• 28th & Oscar Streets son 19 19-S Riverside Christian Church Mrs. Henry W. Swayne & First Streets Schmidt 82 19-E Fire Hall Mrs. Ola Bowman Riverside 109 19-W Oakhurst School Building Mrs. R. E. Duke 2700 Yucca Avenue 101 19-N Riverside High School Mrs. S. A. Wall, North Riverside Drive Sr. 66 20 Sycamore Heights Baptist Church Mrs. Fannie Roach 2800 Purington Avenue 11 21-E Fire Hall Mrs. C. F. Andrews 1409 Vaughn Avenue 75 21 W Wm. James Junior High School Ed L. Sorrells 1201 Nashville Street 74 22-W D. McRae School F. E. Bailey 3318 Avenue N 98 22-E Bishop Street Pharmacy Mrs. J. F. Davis 2201 Bishop Street PRECINCT WARD LOCATION JUDGE 14 23-SE Whitney's Drug Store Mrs. Grace Glasgow 3900 Hemphill Street 107 23 NE Langford Furniture Store Mrs. E. T. Jenkins 3753 Hemphill Street 85 23 W Rosemont School D. A. Thornton 1600 Prince Street 76 24 Lilly B. Clayton School Mrs. Roscoe Smith 2000 Park Place Avenue 50 25 Washington Heights School Mrs. A. C. George 3203 North Houston Street 91 26-N Lacy's Store - bake Worth Orville Beall 113 26-S El Campo Store - Lake Worth Sam Blair 105 27-N Fire Hall E. T. Bagaley Meadowbrook & Oakland 88 27-5 Sagamore Hill School J. G. Reeves 701 Hughes Street 83 28 Oaklann School C. E. Jaco 3224 Hardeman SECTION 3. Said election shall be held under the provisions of the Charter of the City of Fort Worth, Texas, and the Constitution and laws of said State, insofar as same may be applicable, and qualified voters who own taxable prop" erty in said City and who have duly rendered the same for taxation shall be allowed to vote upon said propositions. SECTION 4. Each proposition for the issuance of said bonds shall be separate- ly stated so that the voters shall pass upon each one separately and apart from the others. 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." 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 incinerator bonds shall have written or printed upon their ballots the words, "FOR the issuance of incinerator bonds," and those opposed shall have written or printed upon their ballots the words, "AGAINST the issuance of incinerator bonds." All voters who favor the proposition to issue the garage and repair shop bonds shall have written or printed upon their ballots the words, "FOR the issuance of garage and repair shop bonds," and those opposed shall have written or printed upon their ballots the words, "AGAINST the issuance of garage and repair shop bonds." All voters who favor the proposition to issue the sanitary sewer system and sewage disposal plant bonds shall have written or printed upon their ballots the words, "FOR the issuance of sanitary sewer system and sewage disposal plant bonds," and those opposed shall have written or printed upon their ballots the words, "AGAINST the issuance of sanitary sewer system and sewage disposal plant bonds." SECTION 5. The way and manner of holding this election, the notice to be given therefor, the polling places, the personnel of the officers who are to hold the same, and all details connected with the holding of the election shall be determined and arranged by the City Council, and proper notice of such matters shall be given in a proclamation by the Mayor, SECTION 6, The City Secretary is hereby ordered and directed to prepare ballots and stamp same "Official Ballot," on which ballots shall be printed the propositions as set forth above. SECTION 7. That all of said bonds shall be in such denominations as may be de- termined by the City Council and shall mature serially 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 otherwise 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 four per cent (4%) per annum, payable semi-annually. SECTION 8. That in the event said bonds are authorized at the special election hereby ordered, the City Council of the City of Fort Worth, Texas, may issue for sale any part or portion of said amount at such time and times as in the Judgment of the City Council it determines that a lawful inter— est and sinking fund may be provided for to take care of and discharge any part or portion of the bonds so issued for sale, it being the purpose of this section to make clear that the City Council of the City of Fort Worth, Texas, may not be required to issue the full amount of any series of bonds as herein submitted, but may issue for sale any portion of the same at such time and times as it deems advisable, under the authority hereby conferred, after said election. SECTION q. That the City Secretary shall furnish election officials said bal- lots, together with any other forms or blanks, in accordance with the Charter of the City of Fort forth, Texas and the laws of the State of Texas insofar as same are applicable. SECTION 10. A copy of this ordinance, signed by the Mayor of the City of Fort Worth, Texas and attested by the City Secretary, shall serve as a proper notice of said election. SECTION Ile The City Secretary is hereby authorized and directed to cause notice of said election to be given by posting a substantial copy of the election order in each of the election precincts of said City, and also at the City Hall. The notice of said election shall also be published on the same day in each of two successive weeks in a newspaper of general circula— tion published within said City, the date of the first publication to be not less than fourteen (lb) days prior to the date set for said election, and the City Secretary shall see that proper publication is made and proper notice of this election is given, in full conformity with the Charter of the City of Fort Worth, Texas and the general laws of the State of Texas appli— cable thereto. SECTION 12, 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. Mayor APPROVED AS TO FORM AND LEGALITY: City Attorney ATTEST: City'3ecretary