HomeMy WebLinkAboutOrdinance 4053 ORDINANCE NO.
AN ORDINANCE PROVIDING FOR THE APPROPRIATION OF FIFTY-SEVEN
THOUSAND, SEVEN HUNDRED EIGHTY AND N0/100 DOLLARS ($57,780•00)
FOR THE PURPOSE OF PAYING THE FIRST SEMI-ANNUAL INSTALLMENT
OF INTEREST ON THREE MILLION DOLLARS ($3,000,000.00) WORTH OF
STREET IMPROVEMENT BONDS, SERIES 94, AUTHORIZED TO BE ISSUED
BY ORDINANCE NO. 4052, PASSED AND ADOPTED ON FRIDAY, THE 27TH
DAY OF FEBRUARY, A. D. 1959.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS:
SECTION 1.
That the sum of Fifty-seven Thousand, Seven Hundred Eighty and no/100
Dollars ($57,780.00) be appropriated out of the unappropriated balance in
the General Fund of the City,of Fort Worth to pay the first semi-annual in-
stallment of interest to be due and payable on the first day of September,
A. D. 1959, on negotiable coupon bonds of the City of Fort Worth, Texas,
authorized to be issued by the City Council of said City by Ordinance No.
4052, on Friday, the 27th day of February, A. D. 1959, in the principal
sum of 'Three Million Dollars ($3,000,000.00) and being designated as "Street
Improvement Bonds," Series 94,
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:
Cit�rn�he City of
Fort Worth, Texas
ORDINANCE
No.
Titl � 'a
41 'OF
R
t
Adoptea
Final .Adoption
Published—_
Filedl`' 7 -7,ay of
f
City Secretary
P. O. No. ]4965-A