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HomeMy WebLinkAboutOrdinance 2432 ORDINANCE NO. 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 SEVEN HUNDRED AND FIFTY THOUSAND DOLLARS ($750,000.00), OUT OF AN AU- THORIZED ISSUE OF TWO MILLION DOLLARS ($2,000,000.00) 140RTH OF SAID BONDS, AND BEING KNOWN AS SERIES 78 AND DESIGNATED AS "SANITARY SEWER SYSTEM AND SEWAGE DISPOSAL PLANT BONDS," TO BE ISSUED 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 FOR SAID CITY, EACH OF SAID BONDS TO BE IN THE DENOMINATION OF ONE THOUSAND DOLLARS ($1,000.00), TO BE DATED JUNE 1, 1947, MATURING FROM ONE (1) TO TWENTY-FIVE (25) YEARS FROM THE DATE THEREOF, THE FIRST FIVE HUNDRED AND SEVENTY THOUSAND DOLLARS ($570,000.00) WORTH OF SAID BONDS TO BEAR INTEREST AT THE RATE OF TWO PER CENT (2$) PER ANNUM AND THE NEXT ONE HUNDRED AND EIGHTY THOUSAND DOLLARS ($180,000.00) WORTH OF SAID BONDS TO BEAR INTEREST AT THE RATE OF TWO AND ONE-QUARTER PER CENT (2 ) PER ANNUM, SAID INTEREST BEING PAYABLE SEMI-ANNUALLY, THE INTEREST TO BE EXPRESSED IN COUPON NOTES ATTACHED TO THE BONDS; DIRECTING THAT THE 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 ZFF-4CT FROFi AND AFTER THE DATE OF ITS FAA_ SAGE. 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 property in the City of Fort Worth, Texas, and who have duly rendered the same for taxation, at an elec- tion 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 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 for said City; and, e wMatUe, in conformity with cold ordinance, the ?Iryor of said City did coke proslasstion of said election and fixed the date thereof fbr the 2ad day of ilatawbsr, 1. D. 19451 ands MKOWSs said election order and prosUmtion thereof were prepared and published in the per and for the time prescribed to said ordimanssl ends wlfftus, on the ?.nd day of Dotober, 1. Ds 19459 said election was head in the City of Fort ibrths Texas# at the rsspeotiro polling places designated In the election order, at which said election the issuance of said bonds was submitted as a preposition to the qualified electors of said City*be own taxable property in the City of Fort Worth, Texas, and who bar* diLly rendered the same for ta:%A�Aal and, VKVMU, the official ballot on said sessnUm, in owforadty with the ordinaraMt of the City Council hereinabore mentioned and in accordant with the order of acid election, in fern and in swbstaose reerais as follorst OP'FIcm BALLOT �a Shall the City of Fort Wirth, Teaass through .its City Counntls is- sue its negotiable coupon bends in the -,rlmipal sum of Viva Million Delr lays ($1#000,000.00) for the ,ur,pae of son0mabings iWavift and ex- tending the streets, Vior*ughfarcn and stem sewers of aid City, inelnd- ing in sgch pert public Improvetsnts the S%rat*tedft, widertia- ptningo gr*U sepauration, lighting and dr3ina-,e of said streets and thorrtWam, and scquiring the necessary lands thorefor, said bonds be- ing payable serially as may be determined by the City Qaunail so that the I"t maturing bonds shall become payable wsithiu forty (405 years from the date thereof, beartng interest at a rate not to exceed four per coca (4%) per ennum from the data thereof, pgabls sood"ammul.ly, and lovy a sufficient tax to pay the interest on said bonds and create a sinkin fund *anfficient to redeem said bonds at the maturity thereof? FOR the Issuance of Street Inprevam nt Bonds. A0liUV the Issuance of Street, Liprovement loss. n. Shall the City of Fort Worth, Tawas through its City Ow-moil, is- sue its negotiable coupon bonds in the princi;ral som of Two Allien, Fiv* Bandred Thousand Dollars (#y,5?0,000.00 for the ;furpose of establiAblag# alaippiag, extending and igaroring Undoipal airports and lancing fields for airplanes airsraft and ather aerial r chirr s, zrnd acquirtn.; the neces- sary lands therefor, said bends being payable. serially as nay be determiad 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 Airport Bonds. AGAINST the Issuance of Airport Bonds. III. Shall the City of Fort Worth, Texas, through its City Council, is- sue its negotiable coupon bonds in the principal sum of Two Million Dol- lars ($2,000,000.00) for the purpose of improving, extending and enlarg- ing 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 become payable within forty (40) years from the date thereof, bear- ing 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 Sanitary Sewer System and Sewage Disposal Plant Bonds. AGAINST the Issuance of Sanitary Sewer System and Sewage Disposal Plant Bonds. I9. Shall the City of Fort Worth, Texas, through its City Council, is- sue its 'negotiable cou on bonds in the principal sum of Three Million Dollars ($3,000,000.;5 for the purpose of improving, extending and enlarg- ing 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 in- terest 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 in- terest on said bonds and create a sinking fund sufficient to redeem said bonds at the maturity thereof? FOR the Issuance of Water Works Bonds. AGAINST the Issuance of Water Works Bonds. A. Shall the City of Fort Worth, Texas, through its City Council, is- sue its negotiable coupon bonds in the principal sum of Three Hundred Thousand Dollars ($300,000.00) for the purpose of constructing, building and equipping a police station and jail building, said bonds being pay- able 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 Police Station and Jail Building Bonds. AGAINST the Issuance of Police Station and Jail Building Bonds. VI. Shall the City of Fort Worth, Texas, through its City Council, is- sue its negotiable coupon bonds 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, 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 fluid 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, is- sue its negotiable coupon bonds in the principal sum of Five Hundred Thousand Dollars (0500,000.00) for the purpose of purchasing, acquiring 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 (403 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, is- sue its negotiable coupon bonds in the principal sum of Eight Hundred Thousand Dollars ($800,000.00) for the purpose of constructing, building and equipping an art and chi.ldren's 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 be- come payable within forty (40) years from the date thereof, bearing in- terest 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 in- terest on said bonds and create a sinking 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 Children's Museum Bonds. IX. Shall the City of Fort Worth, Texas, through its City Council, is- sue its negotiable coupon bonds in the principal sum of Five Hundred Thousand Dollars ($500,000.00) for the purpose of constructing, building and equipping a recreation center building and amphitheater 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 ma- turing 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 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 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, is- sue its negotiable coupon bonds in the rincipal sum of One Million, Five Hundred Thousand Dollars ($1,500,000.003 for the purpose of constructing, 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 (40j 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, WHEREAS, 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, WHEREAS, by virtue of said election, said City Council is vested with power and authority by and from the qualified electors who own tax- able property in the City of Fort Worth, 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, WHUEREAS, it is deemed wise and expedient by the City Council of the City of Fort Worth, Texas, in the exercise of the discretion reposed I in it by law, that Seven Hundred and Fifty Thousand Dollars ($750,000.00) worth of said bonds, out of an authorized issue of Two Million Dollars ($2,000,000.00), be issued in bonds at this time, said bonds to be is- sued being Series 78 and designated as "Sanitary Sewer System and Sewage Disposal Plant Bonds"; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: SECTION I. That the municipal government of the City of Fort Worth, Texas, is- sue its corporate negotiable coupon bonds in the principal sum of Seven Hundred and Fifty Thousand Dollars ($750,000.00), out of an authorized issue of Two Million Dollars ($2,000,000.00), which bonds were authorized to be issued at a proper election held on the 2nd day of October, A. D. 1945, and which bonds are known as Series 78 and designated as "Sanitary Sewer System and Sewage Disposal Plant Bonds"; that the bonds so to be issued shall be in the denomination of One Thousand Dollars ($1,000.00) each, dated June 1, 1947, the first Five Hundred and Seventy Thousand Dol- lars ($570,000.00) worth of said bonds, maturing from 1948 to 1967, inclu- sive, to bear interest at the rate of two per cent (2%) per annum and the next One Hundred and Eighty Thousand Dollars ($180,000.00) worth of said bonds, maturing from 1968 to 1972, inclusive, to bear interest at the rate of two and one-quarter per cent (2 ) per annum, payable semi-annually on the first day of December and June of each year respectively, both princi- pal and interest of said bonds being payable at the Central Hanover 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 Secretary, with the seal of the City thereon duly impressed, but the interest 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, seven hundred and fifty (750) in number, shall be numbered consecutively from one (1) to seven hundred and fifty (750), inclusive, and shall mature in the amount and manner hereinafter set out; and that said bonds shall be issued for the purpose of improving, extend- ing and enlarging the sanitary sewer system and sewage disposal plant of said City, and acquiring the necessary lands therefor for said City. That the general form of said bonds and the coupons thereto annexed and the interest added to said bonds shall be executed substantially in the following form: SECTION II. That the said bonds so to be issued by the City of Fort Worth, Texas, $ amounting to Seven Hundred and Fifty Thousand Dollars 4750,000.00), shall be issued for the purpose of improving, extending and enlarging the sani- tary sewer system and sewage disposal plant of said City, and acquiring the necessary lands therefor for said City, and shall consist of seven hundred and fifty (750) bonds numbered from one (1) to seven hundred and fifty (750), inclusive, and the first Five Hundred and Seventy Thousand Dollars ($510,000.00) worth of said bonds, maturing from 1948 to 1967, inclusive, shall bear interest at the rate of two per cent (2%) per annum, and the next One Hundred and Eighty Thousand Dollars ($180,000.00) worth of said bonds, maturing from 1968 to 1972, inclusive, shall bear interest at the rate of two and one-quarter per cent (2k%) per annum, payable semi- annually as aforesaid, all of which said seven hundred and fifty (750) bonds shall be known as Series 78 and shall be styled and designated as "Sanitary Sewer System and Sewage Disposal Plant Bonds"; and that all of the said bonds, comprising the sum total of Seven Hundred and Fifty Thousand Dollars ($750,000.00), shall mature in numerical order in the manner and amounts as set out in the tabulated statement herewith attached, to wit: SECTION III. That the said bonds are hereby authorized to be sold to the best advantage, but in no event shall same be sold for less than par, and the accrued interest to the time of delivery and the proceeds thereof to be placed in the treasury of the City of FoT-t Worth and utilized for the special purposes for which they are created. SECTION IV. That for the purpose of paying the interest of said bonds, as well as the various installments of principal, as the same shall respectively mature, there is hereby levied for the year 1947 and for each succeeding year thereafter so long as the same may be necessary, to provide for the interest and annual installments of principal of said bonds, on all prop- erty in the City of Fort Worth, Texas, liable to taxation,' a straight ad valorem tax of 2.04$O�:cettson the one hundred dollar valuation of said property, or so much thereof as may be necessary, and if at any time the amount of said tax shall not be sufficient to provide for the interest and annual installments of principal, it shall be the duty of the City Coun- cil to so increase said rate that an amount shall be realized from said tax sufficient to meet the requirements aforesaid for interest and annual installments of principal of said bonds; and it is hereby promised and agreed that such increase of tax shall be made, if required for the pur- poses named, as often as it may be necessary. There shall be assessed and collected 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 princi- pal 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 the year 1947 and for every successive year during the life of said bonded indebtedness or any part thereof, to include in such levy the special tax of2,OQ5 cents on the one hundred dollar property valuation (or so much thereof as may be requisite and necessary), provided for in the next pre- ceding sdction of this ordinance, 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 ttfe 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 proceeds held and kept by the City Treasurer of said City as a separate and dis- tinct 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 in- debtedness of the City of Fort Worth, including the bonds herein and here- by authorized and the assessed value of the taxable property in said City, for his approval, and none of said bonds shall be negotiated, sold or transferred until the same shall have received the official 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 regis- tration. SECTION VIII. That the City Treasurer of the City of Fort Worth, or other lawful custodian of such fund, during the months of November and May 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 IA. 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, Tea ATTEST: City Secretary of the City of Fort Worth, Texas APPROVED AS TO FORM AND LEGALITY: X 4f City Attorney of the City of Fort Worth, Texas CITY OF FORT WORTH PRINCIPAL MATURITIES $750,000.00 SANITARY SEWER SYSTEM AND SEWAGE DISPOSAL PLANT BONDS DATED JUNE 1, 1947 DUE JUNE 1ST PRINCIPAL MATURING 1948 $24,000.00 1949 24,000.00 1950 25,000.00 1951 25,000.00 1952 26,000.00 1953 26,000.Oo 1954 27,000.00 1955 27,000.00 1956 28,000.00 1957 28,000.00 1958 29,000.00 1959 29,000.00 1960 30,000.00 1961 30,000.00 1962 31,000.00 1963 31,000.00 1964 32,000.00 1965 32,OOO.Oo 1966 33,000.00 1967 33,000.00 1968 35,000.00 1969 35,000.00 1970 36,000.00 1971 37,000.00 1972 37,000.00 J a NO. UNITED STATES OF AM=CA STATE OF TEXAS, COUNTY OF TARRANT SERIES 78 C I T Y O F F 0 R T W 0 R T H --00000-- Sanitary Sewer System and Sewage Disposal Plant Bond of the City of Fort Worth issued for the purpose of improving, extending and enlarg- ing the sanitary sewer system and sewage disposal plant of said City, and acquiring the necessary lands therefor. Mal 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 June, A. D. 19 , together with interest thereon at the rate of percentum ( %) per annum, payable semi-annually on the first day of December and June in each year, on presentation and surrender of the an- nexed 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 seven hundred and fifty (750) bonds numbered consecutively from one (1) to seven hundred and fifty (750), in- clusive, in the denomination of One Thousand Dollars ($1,000.00) each, amounting in the aggregate to the sum of Seven Hundred and Fifty Thousand Dollars ($750,000.00), issued 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, 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 Coun- cil of the City of Fort Worth, pursuant to valid authority from the prop- erty taxpaying qualified voters of said City, at a proper and legal elec- tion held on the 2nd day of October, 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, conditions 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 bond, 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 col- lection 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 component part, does not exceed any constitutional or statutory limitation. IN TESTIMONY WHEREOF, the City of Fort Worth, in the State of Texas, has executed this bond by causing it to be signed by its Mayor and at- tested by the City Secretary, with the seal of the City thereunto duly impressed, and has caused the annexed interest coupons to be executed with the facsimile signatures of the Mayor and City Secretary, and has caused this bond to be dated as the first day of June, A. D. 1947. CITY OF FORT WORTH, TEXAS ATTEST: BY Yqr City Secretary (FORM OF COUPON NOTE) The City of Fort Worth, in the State of Texas, promises to pay to Bearer ( ) on the 1st 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 Sanitary Sewer System and Sewage Disposal Plant Bond, Series 78, dated June 1, 1947, 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 Constitution and laws of the State of Texas, and that it is a valid and binding obligation upon said City of Fort Worth, Texas, and said bond has this day been regis- tered 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 'J C RDINANC No Titled Le �. -. 1. Filed day of ', x 19 ____ L C.. 1A--6 City Secretary(' 4 WI - 0. No. 6043-P