HomeMy WebLinkAboutOrdinance 1670 The City Council of the City of Fort worth met in
regular session in the Council Chamber at the City .Hall at nine-
thirty o'clock A. M., Wednesday, the 7th day of May, A. D.
1930, and upon roll call the following were present: wm. Bryce,
Mayor, Dr. w. R. Thompson, Willard Burton, Van Zandt Jarvis,
wm. Monnig, E. T. Renfro, A. E. Thomas, J. ft. Penn, and John
Davis, Councilmen, constituting a majority and quorum of the
membership of the said board, and I. L. Van Zandt, Jr. , City
secretary-Treasurer, was in attendance at said meeting, and the
following proceedings among other things were had and done:
Councilman Jarvis, seconded by Councilman Thompson,
moved the adoption of the following ordinance:
ORDINANCE NO. 1670.
AN ORDINANCE PROVIDING FOR THE ISSUANCE OF NEGOTIABLE
COUPON BONDS OF THE GOVERNMENT OF THE CITY OF FORT
WORTH, AMOUNTING TO THE PRINCIPAL SUM OF SIX HUNDRED
AND FIFTY THOUSAND ($650,000.00) DOLLARS, IN ADDI-
TION TO THE SUM OF ONE HUNDRED AND FIFTY THOUSAND
($150,000.00) DOLLARS WORTH OF SAID BONDS HERETOFORE
ISSUED OUT OF AN AUTHORIZED ISSUE OF TWO MILLION
(�2,000,000.00) DOLLARS, AND BEING KNOWN AS SERIES
56 AND DESIGNATED AS "STREET IMPROVEMENT BONDS",
TO BE ISSUED FOR THE PURPOSE OF MAKING PERMANENT
IMPROVEMENTS BY CONSTRUCTING, IMPROVING AND EXTEND-
ING THE STREETS, THOROUGHFARES AND STORM SEWERS
OF SAID CITY, EACH OF SAID BONDS TO BE IN THE DE-
NOMINATION OF ONE THOUSAND ($1,000.00) DOLLARS,
TO BE DATED JUKE 1, 1930, MATURING FROM FIVE TO
FORTY YEARS FROM THE DATE THEREOF, AND TO BEAR IN-
TEREST AT THE RATE OF FOUR AND ONE-HALF (4-2'%) PER-
CENT PER ANNUM, PAYABLE SEMI-ANNUALLY, THE INTEREST
TO BE EXPRESSED IN COUPON NOTES ATTACHED TO THE BONDS,
DIRECTING THAT THE SAID BONDS HE EXECUTED BY THE
MAYOR AND CITY SECRETARY-TREASURER; AND 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 TIMEE TO TIME; AND PROVIDING
THAT THIS ORDINANCE SHALL BE IN FORCE AND EFFECT
FROM AND AFTER THE DATE OF ITS PASSAGE.
WHEREAS, on the 22nd day of May, A. D. 1929, 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
The City Council of the City of Fort worth met in
regular session in the Council Chamber at the City .Hall at nine-
thirty o'clock A. M., wednesday, the 7th day of May, A. D.
1930, and upon roll call the following were present: wm. Bryce,
Mayor, Dr. w. H. Thompson, Willard Burton, Van Zandt Jarvis,
wm. Monnig, E. T. henfro, A. E. Thomas, J. R. Penn, and John
Davis, Councilmen, constituting a majority and quorum of the
membership of the said board, and I. L. Van Zandt, Jr. , City
Secretary-Treasurer, was in attendance at said meeting, and the
following proceedings among other things were had and done:
Councilman Jarvis, seconded by Councilman Thompson,
moved the adoption of the following ordinance:
ORDINANCE NO. 1670.
AN ORDINANCE PROVIDING FOR THE ISSUANCE OF NEGOTIABLE
COUPON BONDS OF THE GOVERNMENT OF THE CITY OF FORT
WORTH, AMOUNTING TO THE PRINCIPAL SUM OF SIX HUNDRED
AND FIFTY THOUSAND ($650,000.00) DOLLARS, IN ADDI-
TION TO THE SUM OF ONE HUNDRED AND FIFTY THOUSAND
($150,000.00) DOLLARS WORTH OF SAID BONDS HERETOFORE
ISSUED OUT OF AN AUTHORIZED ISSUE OF TWO MILLION
($2,000,000.00) DOLLARS, AND BEING KNOWN AS SERIES
56 AND DESIGNATED AS "STREET IMPROVEMENT BONDS",
TO BE ISSUED FOR THE PURPOSE OF MAKING PERMANENT
IMPROVEMENTS BY CONSTRUCTING, IMPROVING AND EXTEND-
ING THE STREETS, THOROUGHFARES AND STORM SEWERS
OF SAID CITY, EACH OF SAID BONDS TO BE IN THE DE-
NOMINATION OF ONE THOUSAND ($1,000.00) DOLLARS,
TO BE DATED JUNE 1, 1930, MATURING FROM FIVE TO
FORTY YEARS FROM THE DATE THEREOF, AND TO BEAR IN-
TEREST AT THE RATE OF FOUR AND ONE-HALF (4�,%) PER-
CENT PER ANNUM, 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-TREASURER; AND 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.
`MREAS, on the 22nd day of May, A. D. 1929, 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 Cit9 Council of the City of Fort worth,
Texas, by a resolution and an ordinance of that date, directed
the submission to the resident properlj tax paying qualified
voters of sa l City, at an election " be held in said City
on the 25th day &f dune, A. D. 1929, of the right, power and
authority of the City Council of said City to issue nego-
tiable coupon bonds of the corporate government of said City
in the principal sum of Two Million Dollars (42,000,000.00),
for the purpose of making permanent improvements in said
City by constructing, improving and extending the streets,
thoroughfares and storm sewers of the said City, and to in-
clude in such permanent improvements the widening, paving,
grade separation, bridges and drainage; and
WHEREAS, in conformity with the said resolution and
ordinance, the Mayon of said City did make proclamation of said
election, and fixed the date thereof for the 25th day of June,
A. D. 1929; and
WHEREAS, said election order and proclamation thereof
was prepared and published in the manner and for the time pres-
cribed in said resolution and ordinance; and
WHEREAS, on the 25th day of June, it. D. 1929, said
election was held in the City of Fort worth at the respective
polling places designated in the election order, at which said
election the issuance of said bonds was submitted as a proposi-
tion to the tax palling qualified voters of said City; and
WHEREAS, the official ballot on such occasion, in
conformity with the resolution and ordinance of this City Council,
hereinabove mentioned, and in accordance with the order of said.
election, in form and in substance reads as follows;
J
OFFICIAL BALLOT
I.
Shall the City of Fort Worth, through its City Ooundil,
''issu'ets•-negotiable coupon bonds running from five (5) to forty
(40)yealrb, ih the,principal sum of Two Million ($2,600,000.00)
Doll'ars•, for the purpose of constructing, improving and extending
the streets, thoroughfares and storm sewers of said Citty, includ-
ing .ire'such permanent improvements the straightening, iridening,
paging, grade separation and drainage of said streets and thorough
faree' the first of 6aid bonds being parable at the expiration of
five t5) years from the date thereof, .and serially thereafter. as
may -be deter tminad by the said City Council, so that the last matur„
ing bonds shall become payable within forty (40) years from the
date:' thereof, bearing interest• at a rate not.to exceed fide. (5%o)
per cent per anrium"from the date thereof, payable semi-annually;
and -levy a sufficient tax to 'pay" the interest oh said bonds and
create• a 'sinking fund sufficient to redeem said bonds at the ma-
turity thereof?
r6R the Issuance of Street Improvement Bonds.
AGAINST the 'Issuance of Street Improvement Bonds.
II.
Shall t.he:ftty' bf Font Worth, through its- Oity Council,
issue its. negd..tij&b!e= coupon bonds running from five (5Y` to forty-
(40) years; in`t'hb priMipal suhi of Five -hundred Thousand ($500,--
000.00) Dollarsjz'for=the'purpose of •1morov.ing and extending the'
system of fire;' proterbt3oti, of ss.iA City by constructing, buildlri*
and equipping a Mvr uentrh1- fire station, acquiring the necessary
land therefor, a d—t xtV:&,jrg -and improving the fire alarm signal
system, the 11� st 6f'_,64d bonds being payable at the expiration
of fuze (5) years- frbM the:; date 'thereof'- and serially thereafter
as may be determ,ined;.by.the• said :City Council, so; that the last
maturing bonds shall. beodthb, able within -forty (40) years from
the date thereof', bearing"IXYrest at e.'rste not to, exceed five
(5 f) 'pet, cent per annUm"f bin the date thereof, ppayable semi-' an-
nually, and levy a suffl< nt tax to pay the' interest ;on said
bonds and create:* si`nking fund sufficient to redeem said bonds
at the maturity thereof?
z
FOR the Issuance of Fire Protection Bonds.
AGAINST the Issuance of Fire Protection Bonds.
III.
Shall. the'City of Fort Worthy through, its -City Council,
Issue its negotiable coupon brands running from five (5)1• to.'foa'ty_
(40) years, in the principal sum of Five Hundred Thou sapol•($500,_
000,00) Dollars, for 'the purpose of establishing, equipp3ngf eat
tending and Improvinga municipal airport Arid landing field for
aeroplanes and other aerial machines aftd acquiring' the necessary
lands and prop2rty therefor, tfie first of 'said bonds being pay--- +
able 'at the expiration of five (5) years fatom the date thereof;
and serially thereafter as may be determined by the said City
Council, so that the ,.laet maturing bonds shall become payable
within forty (40) years from the' date thereof, bearing interest
at a'rate not to •exceed five (5%) pek-' ceht pet' anAum froin the date
thereof, payable semi-annually, and bevy a suf•ficlent tax,to pay
the interest on said bonds and create' a sihking• fund sufficient
to redeem said bonds at the maturity thereof?
FOR the Issuance of Airport Bondij
AGAIZMT the Issuance of Airport Bonds.
WHEREAS, in the election held in said City of Fort
Worth on the 25th day of June, A. D. 1929, 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 voters to issue said bonds for the purposes afore-
mentioned, and to make same valid and binding obligations of
the corporate government of the City of Fort worth; and
WHEREAS, the City Council, in accordance with the
power vested in said governing body set forth in the preceding
paragraph, did lawfully pass and adopt an ordinance on the
23rd day of October, A. D. 1929, and which ordinance was duly
amended by an ordinance passed and adopted on the 4th day of
December, A. D. 1929, authorizing the issuance of negotiable
coupon bonds of the government of the City of Fort Worth,
amounting to the principal sum of One Hundred and Fifty
Whousand Dollars ($150,000.00), all of said bonds being issued
out of the said authorized issue of Two Million Dollars
($2,000,000.00) worth of said bonds authorized by the property
tax paying qualified voters of said City at the said election
held on the 25th day of June, A. D. 1929, and being known as
series 56 and designated as "Street Improvement Bonds"; and
, WHEREAS, it is deemed wise and expedient by the
City Council of the City of Fort Worth in the exercise of the
discretion reposed in it by law, that six Hundred and Fifty
Thousand Dollars ($650,000.00) worth of said bonds, in addi-
tion to the One Hundred and,Fifty Thousand Dollars ($150,000.00)
worth of said bonds heretofore issued out of the issue of
Two Million Dollars (42,000,000.00) worth of said bonds, be
issued in bonds at this time, said bonds to be issued being a
part of series 56 and designated as %treet Improvement Bonda,
NOW, THEREFORE,
r
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
FORT WORTH:
SECTION I.
That pursuant to section 19 of Chapter XXV of the
Charter of the City of Fort worth, adopted by the qualified
voters within the corporate limits of said City on the llth
day of December, A. D. 1924, and the laws and Constitution of
the state of Texas, and pursuant to a vote of the resident
property tag paying voters of the City of Fort Worth, at an
election held in said City for such purpose on the 25th day of
June, A. D. 1929, that the municipal government of the City of
Fort Worth issue its corporate negotiable coupon bonds in the
principal sum of Six Hundred and Fifty Thousand Dollars
($650,000.00), this amount being in addition to the One
Hundred and Fifty Thousand Dollars ($150,000.00) worth of said
bonds heretofore issued, by an ordinance lawfully passed and
adopted on the 23rd day of October, A. D. 1929, and which
ordinance was amended by an ordinance lawfully passed and
adopted on the 4th day of December, A. D. 1929, and all of said
bonds being out of an authorized issue at said election of
Two Million Dollars ($2,000,000.00) , and which authorized
issue is known as Series 56 and designated as "Street Improve-
ment Bonds", and the bonds so to be issued shall be in the
denomination of One Thousand Dollars ($1,000.00) each, dated
June 1, 1930, bearing interest at the rate of four and one-
half percent, (4Q%) per annum, payable semi-annually on the
1st day of December and June of each year respectively, both
principal 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 by the
Mayor thereof, attested by its City SecretaryrTreasurer, with
the seal of the City thereon duly impressed, but the interest
coupons to be executed with the lithographed facsimile signa-
ture of the Mayor and City Secretary-Treasurer of the City
of Fort Forth, each of said bonds and coupons shall be
negotiable and payable to bearer, and said bonds shall be
numbered in the way and canner hereinafter set out, maturing
in numerical order five years from the date thereof and
annually thereafter until the last maturing bond shall become
payable within forty years from the date thereof, and the
bonds themselves, Six Hundred and Fifty (650) in number, shall
be numbered consecutively from One Hundred and Fifty One (151)
to Eight Hundred (800) inclusive, and shall mature in the
amount and manner hereinafter set out, said bonds shall be
used for the purpose of making permanent improvements by
constructing, extending and improving the streets, thorough-
fares and storm sewers of 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:
r
NO. UNITBD STATED �1000
OF AM ERICA
STATE OF TEXAS, COUNTY OF TARRANT
SERIES
C ITY OF FORT WORTH
---0000000---
Bond .of the City of Fort Worth
issued for the purpose of
KNOW ALL MEN BY THESE PRESENTS:
That the government of the City of Fort Worth, a
municipal corporation, duly created under the laws of the
State of Texas, hereby acknowledges itself to owe, and for
value received promises to pay, to bearer,
ONE THOUSAND DOLLARS ($1000)
in lawful money of the United Stated of America, on the
together with interest thereon
at the rate of per centum per annum
payable semi-annually on the 1st day of and
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 Hanover National Bank, in New York City,
N. Y., 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
bonds numbered consecutively from
to inclusive, each of the denomination
of One Thousand Dollars ($1,000.00), amounting in the ag-
gregate to the sun of
issued for the purpose of
under and by virtue of the Constitution and haws of the
State of Texas,. the Charter of the City of Fort Vlorth, and
An ordinance of the City Council of the City lawfully pass-
ed and adopted on the , pursuant to
valid authority from the property tax paying qualified voters
of said City, at.a proper and legal election held on the
24th day of November, A. D. 1925.
It is hereby further.expressly represented, re-
cited 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 re-
quired by the 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 performod in proper and lawful time, form and man-
ner as prescribed by law, so as to male 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 ta:c has been levied in a sufficient
amount for the payment of tho principal, and interest of this
bond at the respective maturity dates thereof., and that the
total indebtedness of said C:Lty, including this bond, and
the issue of which it is a componcnt part, does not exceed
any constitutional or staturpty limitation.
IN TESTIMCNY IdHEREOP, the City of Fort Worth, in
the State of Texas, has execL!ted this bond by causing it to
bd signed by its Mayor and aiWtested by the City Secretary-
Treasurer with the seal of the City thereuhto duly impressed,
and has caused the annexed interest coupons to be executed
with the facsimile signature of the Mayor and City Secre-
tgry-Treasurer, and dated as the 1st day of
CITY OF FORT WORTH, TEXAS
n yo2
ATTEST:
C y' ecre ary-Treasurer.
(FORM OF COUPON NOTE)
SERIES
NO. �
The City of Fort Worth, in the State of Texas,
promises to pay to bearer
on the 1st day of ,
at the Hanover National Bank in the City of New York, N. Y. ,
for interest due that day -on•3ts municipal bonded dated
and numbered
CITY OF FORT WORTH, TEXAS
n yor
ATTEST:
City Seorbr ary- asurer.
SECTION II.
That the said bonds so to be issued by the City of
Fort Worth, amounting to six Hundred and Fifty Thousand Dollars
($650,000.00) out of the said authorized issue of Two Million
Dollars ($2,000,000.00), shall be issued for the purpose of
constructing, improving and extending the streets, thorough-
fares, storm sewers, bridges and drainage of said City, and
shall consist of Six R ndred and Fifty bonds, numbered from
One Hundred and Fifty One (151) to Eight Hundred (800) inclusive,
and shall bear interest at the rate of four and one-half percent
(40) per annum, payable semi-annually as aforesaid, all of
which said six Hundred and Fifty (650) bonds shall be known
as series 56 and shall be styled and designated as "Street
Improvement Bonds"; that all of the said bonds, comprising the
sum total of six Hundred and Fifty Thousand Dollars ($650,000.00)
shall mature in numerical order in the manner and amounts
as set out in the tabulated statement herewith attached, to-wit:
CITY OF FORT WORTH
PRINCIPAL MATURITIES
$650,000.00 STREET IMPROVEMENT BONDS
DATED JUNE 1ST, 1930
DUE JUNE 1ST PRINCIPAL
MATURING
1935 13,000.00
36 13,000.00
37 13,000.00
38 13,000.00
39 13,000.00
1940 13,000.00
41 13,000.00
42 13,000.00
43 13,000.00
44 13,000.00
45 13,000.00
46 13,000.00
47 13,000.00
48 13,000.00
49 13,000.00
1950 20,000.00
51 20,000.00
' 52 20,000.00
53 20,000.00
54 20,000.00
55 20,000.00
56 20,000.00
57 20,000.00
58 20,000.00
59 20,000.00
1960 20,000.00
61 20,000.00
62 20,000.00
63 20,000.00
64 25,000.00
65 25,000.00
66 25,000.00
67 25,000.00
68 25,000.00
69 25,000.00
1970 25,000.00
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.
6ECTION IV.
That for the purpose of creating a sinking fund for
the payment and complete extinguishment of the foregoing bonded
debt, principal and interest, and all and every part of same,
there is hereby levied and there shall be assessed and collected
as provided by law, set apart and appropriated for the said
purpose,, an annual, direct special ad valorem tax for the year
1930, and every successive year thereafter during the life of
said bonded debt or any part thereof of 2.35 cents (or such
an amount as may be necessary and adequate, be it more or less)
on every One Hundred (4100.00) Dollars of property valuation,
real, personal and mixed, subject to taxation and not exempt
therefrom under the Constitution and law of the atate of Texas,
situated and owned in the City of Fort north on the 1st day of
January 1930, and on the 1st day of January of each year there-
after until said debt represented by said bonds and coupon
interest notes shall have been fully paid, and if, at any time,
such tax should be insufficient, then it shall be the duty of
the City Council or any other governing body of the laity of Fort
worth, to set apart and appropriate such additional amount of
money out of the general revenues of the said City, as may be
requisite to supply the deficiency until all interest shall have
been paid and the sinking fund established as required by the
Constitution of the 6tate of Texas and the Charter of the City
of Fort worth. '
SECTION V.
That it shall be the duty of the City Council of
the City of Fort worth and its successors, and of the government
of the City of Fort worth, by levying taxes for general purposes
for the said City of Fort worth for the year 1930, and for
every successive year during the life of said bonded debt or
any part thereof, to include in such levy the special tax of
2.35 cents on the One Hundred (4100.00) Dollars property
valuation (or so much thereof as may be requisite and necessary)
provided for in the next preceding section of this ordinance,
and such special tax shall on no account whatsoever be dis-
placed 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 men-
tioned 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
}.geld 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 prepared 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 herein and hereby 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 registration.
SECTION VIII.
That the City Secretary-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 xork, 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.
All ordinances and parts of ordinances in conflict
herewith be and they are hereby expressly repealed.
SECTION X.
The holding or adjudication of any section, portion
or part hereof to be invalid, shall not affect the validity of
any other section or part of this ordinance, but all such other
sections, portions and parts hereof shall be and remain valid.
SECTION XI.
That 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 William Bryce, presiding at said meeting,
submitted the motion to adopt said ordinance and all of the
Councilmen, including the Mayor, voted "Aye" thereon and none
voted "No", and the motion to adopt the ordinance was declared
to be unanimously passed and adopted.
TEE STATE OF TEXAS �
COUNTY OF TARRANT
I, I. L. Van Zandt, Jr. , city 5eoretary-Treasurer
of the Uity of Fort worth, do hereby certify that the above
and foregoing ordinance is a true and correct copy of Ordinance
No. 1670, and that same Was unanimously passed and adopted by
the City Council of the City of Fort Worth, Texas, at a regular
meeting held in the Council Chambers at the City Hall on
Wednesday, the 7th day of May, A. D. 1930.
WITNESS my hand at Fort Worth, Texas, this the
day of May, A. D. 1930.
City secretary-Treasurer. ,
THS STATE OF TEXAS
COUNTY OF TARRANT
CITY OF FORT WORTH
WHEREAS, the resident, g=lifisd tact paying
voters of the City of Fort Worth, Tawas, at an election duly
and regularly held in said City on the 25th day of Xane, A. D.,
1929, authorized the issuance, among other bonds, of Two
Million Dollars (92,000,000.00) worth of negotiable bonds of
the City of Fbrt Worth, Tozaa, for the purpose of construct-
ing, improvlag and extending the streets, thorovglfares and
storm sewers of said City, and being ]moan as Series No, 56
and designated as "street Improvement Bonds", and
WMMSI on the 23rd day of October, A. D, 1929, Ordl n-
ance No, 1627 was duly passed and adopted by the City Council of
the City of Port Werth, which ordinance was amended by an or-
dinance passed and adapted on the 4th day of December, A. D. 19290
authorizing the issuance of One Handred and Fifty Thousand
Dollars ($150,000.00) worth of negotiable coupon bonds of the
City of Fort Worth out of series No. 56,
NOW, THi9WOBE, I, I. L, Van zandt, Jr., Seoretary-
Treasurer of the City of Fort worth, Teams, do hereby ser-
tify that the City of Fort Worth has not either by ordinance
or otherwise issued or authorized to be issued any bonds out
of Series No. 56 except those bonds described in Ordinance
No, 1627 passed and adopted by the City Council on Wednesday
the 23rd day of October, A, b, 1929, which ordinance was amended
by an ordinance passed and adopted on the 4th day of December,
A, D. 1929, and Ordinance No. 1670 passed and adopted by the
City Council on Wednesday the 7th day of may, A. D. 1930.
IN TESTIMONY WIMEOF I have hereunto signed my
name officially and caused to be impressed hereon the seal
of the City of Fort worth, Texas, at my office in said City
this the 29th day of May, A. D. 1M.
3MtSrFTRxsuroF or M My
of Fort Worth, Texas.
ORDINAN E
_-- O O
Title c!J J�_Cc O
AL'I" �
lhice
Filed_ __ day off__._
19
City Secretary