HomeMy WebLinkAboutOrdinance 3168 y:
ORDINANCE NO. -2s colt
AN ORDINANCE PROVIDING FOR THE APPROPRIATION OF SIXTY-TWO
THOUSAND, ONE HUNDRED DOLLARS ($62,100.00) FOR THE PURPOSE
OF PAYING THE FIRST SEMI-ANNUAL INSTALLMENT OF INTEREST ON
FOUR MILLION, FIVE HUNDRED THOUSAND DOLLARS ($4,500,000.00)
WORTH OF STREET IMPROVEMENT BONDS, SERIES 84, AUTHORIZED
TO BE ISSUED BY ORDINANCE NO. 3167, PASSED AND ADOPTED ON
WEDNESDAY, THE LOTH DAY OF MARCH, A. D. 1954.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH,
TEXAS:
SECTION 1.
That the stun of Sixty-two Thousand, One Hundred Dollars ($62,100.00)
be appropriated out of the unappropriated balance in the General Fund of
the City of Fort Worth to pay the first semi-annual installment of interest
to be due and payable on the first day of September, A. D. 1954, on nego-
tiable coupon bonds of the City of Fort Worth, Texas, authorized to be is-
sued by the City Council of said City by Ordinance No. 3167, on Wednesday,
the loth day of March, A. D. 1954, in the principal sum of Four Million,
Five Hundred Thousand Dollars ($4,500,000.00) and being designated as
"Street Improvement Bonds," Series 84.
SECTION 2.
That the appropriation herein made shall be transferred and placed
in a separate fund and shall be devoted 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.
SECTION 3.
That this ordinance shall be in full force and effect from and
after the date of its passage, and it is so ordained.
APPROVED AS TO FORM AND LEGALITY:
City Attorney of the City of
Fort Worth, Texas
ORDINANCE
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