Loading...
HomeMy WebLinkAboutOrdinance 5443;' i S - ORDINANCE M Titl ption Final Adoption Published �-r ��✓r✓ % ��,`a� f —Day of , 19 Filed ------Day of , 19 City Secretary, City Secretary. ORDINANCE NO. 5443 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'6F SAID CITY IN THE AGGREGATE SUM OF FIFTY MILLION, EIGHT.HUNDRED THOUSAND DOLLARS ($50,800,000.00) POR THE PURPOSE OF MAKING PERMANENT CITY IMPROVEMENTS BY CONSTRUCT I ING., IMPROVING AND EXTENDING THE STREETS, THOROUGHFARES AND STORM.DRAINS OF SAID CITY AND ACQUIR- ING THE NECESSARY LANDS, THEREFOR; FOR THE PURPOSE OF MAKING PERMANENT CITY IMPROVEMENTS BY CONSTRUCTING, BUILDING AND EQUIPPING CITY FIRE STATIONS AND IMPROVING AND EXTENDING THE CITY FIRE ALARM SYSTEM AND ACQUIRING THE NECESSARY LANDS THEREFOR; FOR THE PURPOSE OF MAKING PERMANENT CITY IMPROVEMENTS BY PURCHASING, ACQUIRING, CONSTRUCTING AND IMPROVING THE PLAYGROUNDS, RECREATION PARKS, AND RECREATION AND PARK FACILITIES OF SAID CITY AND ACQUIRING THE NECESSARY LANDS THEREFOR; FOR THE PURPOSE OF MAKING PERMANENT CITY IMPROVEMENTS BY ESTAB- LISHING, DEVELOPING, CONSTRUCTING, ENLARGING, IMPROVING AND EQUIPPING ITS AIRPORTS AND AIR NAVIGATION FACILITIES, INCLUDING BUILDINGS AND OTHER FACILITIES INCIDENT TO THE OPERATION THEREOF AND THE ACQUISITION OR ELIMINATION OF AIRPORT HAZARDS, AND ACQUIRING THE NECESSARY LANDS THEREFOR; FOR THE PURPOSE OF MAKING PERMANENT CITY IM- PROVEMENTS BY CONSTRUCTING•AND BUILDING A POLICE AND CITY OFFICE, JAIL AND PARKING BUILDING AND FACILITIES AND ACQUIRING THE NECESSARY LANDS THEREFOR; AND FOR THE PURPOSE OF MAKING PERMANENT CITY IMPROVEMENTS BY IMPROV- ING, EXTENDING AND ENLARGING THE SANITARY SEWER SYSTEM AND SEWAGE DISPOSAL PLANTS OF SAID CITY AND ACQUIRING THE NECESSARY LANDS THEREFOR, AND A PROPOSITION FOR THE PURPOSE OF DETERMINING UPON THE ISSUANCE OF REVENUE BONDS IN THE SUM OF TWENTY-THREE MILLION, NINE HUNDRED' AND FIFTY THOUSAND DOLLARS ($23,950,000.00), IN ADDITION TO FIFTY-ONE MILLION DOLLARS ($51,000,000-00) WORTH OF SAID BONDS HERETOFORE AUTHORIZEDFOR THE PURPOSE OF MAK- ING PERMANENT CITY IMPROVEMENTS BY IMPROVING AND EXTEND- ING THE WATERWORKS SYSTEM OF SAID CITY, SAID BONDS TO 'BE ISSUED AT ONE TIME OR IN INSTALLMENTS FROM TIME TO TIME AS THE CITY COUNCIL SHALL DETERMINE, THE BONDS OF EACH INSTALLMENT 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, AND BEARING INTEREST AT A RATE TNOT TO EXCEED FOUR AND ONE-HALF PER CENT (4-1/2%) PER ANNUM FROM THE•DATE THEREOF, PAYABLE SEMI-ANNUALLY, AND PRO- VIDING FOR THE PAYMENT OF PRINCIPAL AND INTEREST ON SAID BONDS BY PLEDGING THE COMBINED-NET REVENUES FROM THE OPERATION OF THE WATER AND SEWER SYSTEMS OF SAID CITY; PROVIDING THAT SAID ELECTION BE HELD IN CERTAIN PLACES AND APPOINTING PRESIDING JUDGES FOR EACH PRECINCT; PRO- VI . DING FOR ABSENTEE VOTING; PROVIDING FOR THE USE OF VOTING MACHINES AND PRESCRIBING OFFICIAL BALLOTS THEREFOR; ORDERING AND DIRECTING THE CITY SECRETARY TO PREPARE AND ISSUE OFFICIAL BALLOTS FOR ABSENTEE VOTING AND OFFICIAL BALLOTS FOR VOTING MACHINES; PROVIDING THAT WATERWORKS SYSTEM REVENUE BONDS VOTED ON SHALL NOT BE PAID FOR BY TAXATION; RESERVING THE RIGHT TO ISSUE WATERWORKS SYSTEM REVENUE BONDS AND TAX- SUPPORTED BONDS IN INSTALLMENTS; AUTHORIZING THE CITY COUNCIL. TO ISSUE TAX- SUPPORTED BONDS IN SUCH DENOMINATIONS AS IT MAY DETERMINE AND REQUIRING THAT SAME MATURE WITHIN FORTY.(40) YEARS FROM THE DATE THE AT RATES NOT TO EXCEED FIVE PER CENT (5/) PER ANNUMr PAYABLE SEMI - ANNUALLY, EXPRESSED IN COUPON NOTES ATTACHED TO THE BONDS; LEVYING A SUFFICIENT TAX TO PAY THE INTER- EST ON THE GENERAL OBLIGATION BONDS AT THE MATURITY THEREOF; AND CALLING A SPECIAL ELECTION TO BE HELD IN THE CITY OF FORT WORTH, TEXAS, ON TUESDAY, THE 19TH DAY OF OCTOBER , A.- D. 1965. 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 19TH day of OCTOBER A. D. 1965, at the polling places hereinafter described, between the hours of 7 :00 A. M. and 7 :00 P. M., at which election the following propositions for the issuance of bonds of the City of Fort Worth, Texas, each and all of which propositions contain a purpose clause which has been found and determined by the City Council to be a permanent public improvement and for a legitimate municipal purpose, shall be submitted to the qualified electors who own tax- able property in said City and who have duly rendered the same for .taxation: PROPOSITIONS I. Shall the City of Fort Worth, Texas, through its City Council, issue its negotiable coupon bonds in the principal sum of Twenty -four Million, Nine Hundred. Thousand Dollars ($24,900,000.00) for the purpose of making permanent city improvements by constructing, improving and extend- ing the streets, thoroughfares and storm drains of said City, including in such permanent public improvements the straightening, widening, paving, grade separation, light- ing and drainage of said streets and thoroughfares, 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 interest at a rate not to exceed five per cent (5%) 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? Ma Shall the city of Fort Worth, Texas, through its City Council, issue its negotiable coupon bonds in the._ principal sum of one million, Six Hundred Thousand Dollars ($1,600,000.00) for the purpose of making permanent city improvements mprovements by constructing, building and equipping fire stations and improving and extending the city fire alarm system 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 five per cent (5%) 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 III. Shall the City of Fort Worth, Texas, through its City council, issue its negotiable coupon bonds in the principal sum of Two Million, Nine Hundred Thousand Dollars ($2,900,000.60) for the purpose of making permanent city improvements by purchasing, acquiring, constructing and im- proving the playgrounds, recreation parks, and recreation and park facilities 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 interest at a rate not to exceed five per cent (5%) 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? "t shall the City of Fort Worth, Texas, through its City Council, issue its negotiable coupon bonds in the prin- cipal sum of Nine million Dollars ($9,000,000.00) for the purpose of making permanent city improvements by establish- ing, developing, constructing, enlarging, improving and equipping its airports and air navigation facilities, in- cluding buildings and other facilities incidental to the operation thereof and the acquisition or elimination of air- port hazards, 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 be- come payable. within forty (40) years from . the date thereof, bearing interest at a rate not to exceed five per cent (5%) 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? AA Shall the city of Fort Worth, Texas, through its City Council, issue its negotiable coupon bonds in the principal sum of Five Million, Nine Hundred Thousand Dollars ($5,900,000.00) for'the purpose of making permanent city improvements by constructing and building a police and city office, jail and parking building and facilities and acquir- ing 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 interest at a rate not to exceed five per cent (5%) 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? VI. Shall the City.of Fort Worth, Texas, through its City Council, issue its negotiable coupon bonds in the principal sum of Twenty-three Million, Nine Hundred and Fifty Thousand Dollars ($23,950,000.00)1 in addition to bonds in the aggregate principal amount of Fifty-one Million Dol- lars ($51,000,000.00) heretofore authorized by the city pur- suant to propositions adopted by a majority vote of the qualified electors of the City at special elections held on January 25, 1949, January 26, 1954, and January 31, . 1956, respectively, for the purpose of making permanent city improvements by improving and extending the Waterworks System of said City, said bonds to be issued at one time or in installments from time to time as the City Council shall determine, the bonds of each installment 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, and bearing interest at a rate not to exceed four and one-half per cent (4-1/2%) per annum from the date thereof, payable semi-annually, and providing for the payment of principal and interest on said bonds by pledging the combined net revenues from the opera- tion of the Water and Sewer Systems of said City? VIT. Shall the City of Fort Worth, Texas, through its City Council, issue its negotiable coupon bonds in the prin- cipal sum of Six Million, Five Hundred Thousand Dollars ($6,500,000.00) for the purpose of making permanent city' improvements by improving, extending and enlarging the sani- tary sewer system and sewage disposal plants 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 interest at a rate not to exceed five per cent (5%) 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 3. That said election. shall be held under the provisions of the charter of the City of Fort Worth, Texas, and the Constitution and laws of the State of Texas insofar as same may be applicable, and qualified voters who own tax- able property in said city and who have duly rendered the same for taxation shall be allowed to vote upon said propo- sitions, and all electors shall vote in the election pre- cinct of their residence, or as provided . by law. SECTION 4. That absentee voting shall be on paper ballots, and that each proposition for the issuance of said bonds shall be separate and distinct so that the absentee voters may pass upon each one separately and apart from the others. That 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 the levying of a tax in payment thereof," and those opposed shall have written or printed upon their ballots the words: "AGAINST the issuance of Street Improvement Bonds and the levying of a tax in payment thereof." That all voters who favor the proposition to issue the Fire Protection Bonds shall have written or printed upon their ballots the words: "FOR the issuance of Fire Protection-Bonds and the levying of a tax in payment thereof," and those opposed shall have written or printed upon their ballots the words: "AGAINST the issuance of Fire Protection Bonds and the levying of a tax in payment thereof." That all voters who favor the proposition to issue the Park and Recreation Bonds shall have written or printed upon their ballots the words: "FOR the issuance of park and Recreation, Bonds and the levying of a tax in payment thereof," and those opposed shall have written or printed upon their ballots the words: "AGAINST the Issuance of Park ' and Recreation Bonds and the levying of a tax in payment thereof." That 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 the levying of a tax in payment thereof," and those opposed shall have written or printed upon their ballots the words: "AGAINST the issuance of Airport Bonds and the levying of a tax in payment thereof." That all voters who favor the proposition to issue. the Police and City office Building Bonds shall have written or printed upon their ballots the words: "FOR the issuance of Police and City Office Building Bonds and the levying of a tax in payment thereof," and those opposed shall have written or printed upon their ballots the words: "AGAINST the issuance of Police and City office Building Bonds the the levying of a tax in payment thereof." That all voters-who favor the proposition to issue the Waterworks System"S Revenue Bonds shall have written . or printed upon their ballots the words: "FOR the issuance of Waterworks System Revenue Bonds," and those opposed shall have written or printed upon their ballots the words: "AGAINST the issuance of Waterworks System Revenue Bonds." That all voters who favor the prop6sition 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 the levying of a tax in payment thereof," 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 and the levying of a tax in payment thereof." SECTION 5. That voting machines approved by the commissioners' Court of Tarrant County, Texas, shall be used at the bond . election on the 19TH day of _A&TDDL�_, A. D. 1965, in strict compliance with the applicable provisions of Article 7.14 of the Election Code of the State of Texas, as amended, and other applicable provisions of such Election Code. SECTION 6. That the official ballots to be used in voting ma- chines shall be in compliance with the applicable provisions of-Article 7.14 of the Election Code and shall have.written or printed thereon thb following: PROPOSITION NO. 1. FOR AGAINST Shall the City of Fort Worth, Texas, through its city Council, issue its negotiable coupon bonds in the prin- cipal n- c . ipal sum of•Twenty-four Million, Nine Hundred Thousand Dollars ($24,- 900,000.00) for the purpose of making permanent city improvements by constructing, improving and ex- .tending the streets, thoroughfares and storm drains of said City, in- cluding in such permanent public improvements the straightening," widening, paving, grade separation, lighting and drainage of said streets and thoroughfares, and acquiring the necessary lands therefor, 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 five per cent (5%) 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? PROPOSITION NO. 2. FOR AGAINST Shall the city of Fort Worth, Texas, through its city Council, issue•its negotiable coupon bonds in the prin- cipal sum of one Million, Six Hundred Thousand Dollars ($1,600,000.00) for the purpose of making permanent city improvements by constructing, build- ing and equipping fire stations and improving and extending the city fire alarm system and acquiring the neces- sary lands therefor, said bonds be- ing 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 five.per cent (5%) 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? PROPOSITION No. 3. FOR AGAINST Shall the City of Fort Worth, Texas, through its City Council, issue its negotiable.coupon bonds in the prin- cipal sum of-Two million, Nine Hun- dred Thousand.Dollars ($2,900,000-00) for the purpose of making permanent city improvements by purchasing, ac- quiring, constructing and improving the playgrounds, recreation parks, and recreation and park facilities of said city and acquiring the neces- sary lands therefor,,said bonds be- ing 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 five per cent (5%) 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? PROPOSITION NO. 4. FOR AGAINST Shall the City of Fort Worth, Texas, through its city Council, issue its negotiable coupon bonds in the prin- cipal sum of Nine million Dollars ($9,000,000.00) for the purpose of making permanent city improvements by establishing, developing, con- structing, enlarging, improving and equipping its airports and air navi- gation facilities, including build- ings and other facilities incidental to the operation thereof and the ac- quisition or elimination of airport hazards, and acquiring the necessary lands therefor, 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 five per cent (5%) 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 suf- ficient to redeem said b I onds at the maturity thereof? PROPOSITION NO. 5. FOR AGAINST 'Shall the City of Fort Worth, Texas, through its City Council, issue its negotiable•coupon bonds in the prin- cipal sum•of'Five Million, Nine Run- dred Thousand Dollars ($5,90Q,000.00) for the purpose of making permanent city improvements by constructing and building a police and city office, jail and parking building and facili- ties and acquiring the necessary lands therefor, said bonds being payable serially as may be determined by the City Council, so that the last matur- ing bonds shall become payable within forty (40) years from the date.there- of, bearing interest at a rate not to exceed five per cent (5%) per an- num 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? PROPOSITION NO. 6. FOR AGAINST Shall the City of Fort Worth, Texas, through its City Council, issue its negotiable coupon bonds in the prin- cipal sum of Twenty-three Million, Nine Hundred and Fifty Thousand D017 lars ($23,950,000.00), in addition to bonds in the aggregate principal amount of Fifty-one Million Dollars ($51,000,000.00) heretofore authorized by the City pursuant to propositions adopted by a majority vote of the' qualified electors of the City at special elections held on January 25, 1949, January 26, 1954, and January 31, 1956, respectively, for the purpose of making permanent city improvements by improving and ex- tending the Waterworks System of said City, said bonds to be issued at one time or in installments from time to time as the City Council shall determine, the bonds of each install- ment 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, and bearing interest at a rate not to exceed four and one- half.per cent (4-1/2%) per annum from the, date thereof, payable semi- annually, and providing for the pay- ment of principal and interest on said bonds•by pledging the combined net revenues from the operation of the Water and Sewer Systems of said City? PROPOSITION NO. 7. FOR AGAINST Shall the City of Fort Worth, Texas, through its City Council, issue its negotiable coupon bonds in the prin- cipal sum of Six Million, Five Hun- dred Thousand Dollars ($6,500,000.00) for the purpose of making permanent city improvements by improving, ex- tending-and enlarging the sanitary sewer system and sewage disposal plants 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 interest at a rate not to exceed five per cent (5%) 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 7. That the city Secretary is hereby ordered and directed to'prepare and issue ballots for absentee voting and for vot- ing machines and to stamp same ,official Ballot," on which ballots shall be printed the propositions hereinabove set forth. SECTION B. That in the event the said Waterworks System Revenue Bonds are authorized to be issued by a majority vote of the qualified electors of said city voting at said election and the-same are issued And sold, the holder or holders of such Rri*nrIA shall never have the riqht to demand payment thereof out of any funds raised or to be raised by taxation, and each bond issued or executed in pursuance of such elec- tion shall contain this clause: "The holder hereof shall never have the right to demand payment of this obligation out of any funds. raised., or to be raised, by taxation." SECTION 9. That the City of Fort Worth expressly reserves the" right to issue and sell the total authorization of Twenty - three Million, Nine Hundred and Fifty Thousand Dollars ($23,950,000.00) in Waterworks System Revenue Bonds in one or more installments, and in the event the bonds as au- thorized are not sold as one issue, then the remaining bonds, when subsequently sold, shall be secured by the same char- acter of lien and pledge of the net revenues from the opera- tions of the Water and Sewer Systems of said City as the first installment, so that each and every bond of the whole authorization, when sold, shall be of equal dignity and parity with each other bond herein issued and with each out- standing revenue bond issued for the purpose of improving and extending the Waterworks System and/or the Sewer System of said city pursuant to the propositions adopted by a majority of the qualified electors of the City at special elections held on January 25, 1949, January 26, 1954, and January 31, 1956,'.respectively. All of the said Waterworks System Revenue Bonds shall be issued in accordance with, and secured in the manner provided in, Articles 1111-1118, inclusive, of the Revised Civil Statutes-of the State of Texas, as amended, and Articles lllla-1111b, inclusive, of the Revised civil Statutes of the State.of Texas, as amended. SECTION 10. That in the event the tax-supported bonds are au- thorized 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 amounts at such time and times as in the judgment of the-.City Council it'determines that a lawful interest 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 the series of the bonds as herein submitted but may issue for sale any portion of the same at such time and times as it determines advisable, under the authority hereby conferred after said election. SECTION 11. That all of the bonds herein authorized to be issued by the electorate shall be in such denominations as may be determined 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 there- of, unless the City Council, in the exercise of its discre- tion, shall otherwise provide for such maturity, and said bonds.shall be sold at not less than par and shall bear in- terest at rates per annum not to exceed the rates specified in the propositions hereinabove set forth, and shall be pay- able semi-annually. SECTION 12. That.the City Secretary shall furnish election officials forms, blanks or instructions in accordance with the Charter of the City of Fort Worth, Texas, and the laws of the State of Texas insofar as same are applicable. SECTION 13. That the way and manner of holding this election, the notice to be given therefor, the polling places, the personnel of the officers, precinct judges and substitutes therefor 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 administered under the direction of and by the City Secretary. SECTION 14. That this ordinance shall constitute the election order for such special election, a substantial copy of which shall serve as the notice of election under Article 704 of the Revised Civil Statutes of the State of Texas. SECTION 15. That the City.Secretary is hereby authorized and directed to cause notice of said election to be given by posting a substantial copy of this election order in each of the election precincts of said City and also at the City Hall. That this-notice of said election shall also be pub- lished on the same day in each of two (2)* successive weeks in a.-newspaper of general circulation published within said City, the date of''the first publication to be not less than . fourteen (14) 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 applicable statutes of . the State of Texas. SECTION .16. That this ordinance, election order and notice shall take effect and be in full force and effect from and after the date of its passage, and it is so ordained. Mayor of the City of Fort Worth,- Texas ATTEST: 4 w Cit Secretary of the City of Fort Worth, Texas APPROVED AS TO FORM AND LEGALITY: City Attorney of the City ,of Fort Worth, Texas Adopted this the 2?TH day of SEpTUMEg _ , 1965. NEWSLETTER June 1965 CITY OF FORT WORTH, TEXAS Volume 7, Number 9 CITY-WIDE STREET IMPROVEMENTS PROPOSED: The long range street improvement plan now under study by the Municipal Facilities Committee of Town Hall proposes extensive street improvements in all sections of the city, as shown on the map below. Major cross-town thoroughfares and neighborhood collector streets, shown in red, comprise the largest need totaling $10,165,000. "Self-help" paving of dirt streets at the request of property owners would also require $4,500,000 to finance the City's share. Other important improvements include storm drainage facilities ($3,300,000); resur- facing and reconstructing older streets ($2,000,000); traffic signals and new lighting on 90 miles of existing thoroughfares ($2,185,000); and, initial widening of thorough- fares in new subdivisions to avoid more costly widening in the future ($2,750,000). The proposed street bonds, totaling $24,900,.000, will make it possible to continue the street program now nearing completion, for which $38,525,000 in bonds were authorized by Fort Worth voters in 1958 and 1961. J! 11�� dg� �! 1� . ..... T1, , , p, ij� I HOW Ix ME afbif- 1, all ID < P[� 7, jr 0 7 Tw-I W! M IJ V I FINANCING LEGEND PROJECTS FUTURE BONDS PARTIALLY FINANCED D BY 099 -097 BONDS MAJOR THOROUGHFARES A_ 5 ARTERIAL STREETS STREET RECONSTRUCTION ASSESSMENT PAVING "I STREET IN IMPROVEMENTS NEW AGDITIDNS IISSUED BY THE OFFICE OF THE CITY MANAGER -2- WEATHER "PLAGUES" CITY: Prolonged rainfall in May (16 days) and continued wet weather early in June is producing a series of contrasting problems for residents and the city government this spring. Ground saturation has produced two major irritations, weeds and mosquitoes, that have sent telephone complaints and overtime work by city workers sharply upward. Other effects have been extensive deterioration of street paving bases and surfaces, sewage infiltration and back-ups, storm drain stoppages, and a decline in water and sewer revenues by comparison to drier months of May in previous years. A total of 1,250 weed complaints were received in May, nearly three times the number recorded in the same month of 1964. Swarms of mosquitoes, which spawned in poorly drained areas and thrive in weeded areas, are being attacked by health employees on an overtime schedule of spraying oil on breeding areas and fogging to remove "adult" mosquitoes. Because of the 8.97 inches of rainfall in the month, the Water Department reported a drop in pumpage from 1.576 million gallons in May of 1964 to 1.389 in May this year. A bright spot in the grey statistics came from the Fire Department. It reported that the number of fire calls was down 22 per cent because of heavy rainfall in May. POLICE SPACE OPENED: With the return of sunshine, trucks and bulldozers are busy removing earth and rock beneath 10th Street which will be replaced with more operating room for the Police Department. Long cramped in offices scattered throughout City Hall and other buildings, police officers are looking forward to getting an additional 15,000 square feet by fall. Bond funds voted for police expansion a number of years ago are financing the $277,800 project. The photograph shows how material is being removed from beneath the new slab roof which is now carrying one lane of 10th Street traffic. When excavation is completed, the remainder of 10th Street and roof of the addition will be constructed. Advantages of the under street construction include the elimination of exterior decorations, landscaping, window openings, and lower heating and cooling expenses. A connection between the existing City Hall and the Water Department building is also a part of the project. -3- FORT WORTH CELEBRATES ALL-AMERICA CITY AWARD ALL-AMERICA CITY IS JUBILANT: Thousands of Fort Worth area citizens jammed downtown streets, ate barbecue together, and cheered the presentation of the "All-America City" Award at Will Rogers Memorial Coliseum on May 17, 1965. The activi- ties crowned more than a month of celebrating which followed announcement by the National Municipal League and Look Magazine that Fort Worth had been named to the honor for its acheivements in gaining citizen interest and action for community improvement programs. Pictured on the page are crowds at the parade and coliseum, and the three floats built by City employees. -4- CENTRAL CITY - SUBURBAN TAXES: In the April 1965 issue of Nation's Cities-, published by the National League of Cities, there was an article about taxes which reads as follows: "SUBURBS AREN'T TAX HAVEN --- Tax rates are catching up for suburbanites around Chicago. In 138 of 538 suburban taxing districts --- about one in four - -- 1964 property tax rates are higher than Chicago's. On top of this,.suburban' tax rates are going up in about 85 per cent of the taxing districts in Cook County." A similar trend has developed in Tarrant County where the Fort Worth tax rate has stabi- lized, but tax rates are climbing.in a number'of suburban communities. Taxes in at least one Tarrant County suburb are higher than Fort Worth, and several other communities. have recently approved or are considering substantial tax increases. CONSTRUCTION SURGES IN 1965: Boosted by May permits issued for a $750,000 apartment complex in the 4400 Block of Bellaire Drive South and a new $909,000 Holiday Inn Motel on University Drive near the East-West Freeway, the value of. construction in this fiscal year is exceeding last year's by 41 per cent. Although apartment building is off slight- ly, there have been more single dwelling unit permits issued this year than last. The total number of-building permits is up 20 per cent to 4,442 during the first eight months, and the total valuation of all permits exceeds $43 million compared with $30.5 million for a similar period last year. EARNINGS ON INVESTMENTS HEAD FOR ALL-TIME HIGH: Judicious investment of City funds prior to use for budgeted expenses and bond improvement projects has earned $669,710 during the first eight months of the current fiscal year. The figure is up 16 per cent over.earnings in a similar period last year, when a new record was set for earnings on investments. In all of 1963-64, the City earned $8441,598.10 at an average yield of 3.45 per cent. This year, the City is earning at the average rate of 3.65 per cent. The yield from invest- ments by the City since 1950 now totals $5,781,671.65, an amount which has been used to provide municipal services that otherwise would have been omitted or supported by tax or water rate increases. BRANCH LIBRARIES ARE POPULAR: Book circulation at the new East Branch Library doubled in May.this year over last year and the heavily used Southwest Branch circulated 28 per cent more books last month than in the same month of 1964. The swelling popularity of branch libraries and steady use of the-Main Library indicates the public support for improved library facilities. During May of 1965, the Library Board approved plans to a * ccelerate the construction of five more branch libraries in the coming year. Sites have been selected.and plans are being drawn to provide e branch library service in all .sections of the city. COUNCIL OF GOVERNMENTS CONSIDERED: Government officials from a majority of Fort Worth area municipalities took 'steps on May 18 to form a Council of Governments aimed at promoting understanding and cooperation.among local governments in seeking solutions to mutual problems. A proposed constitution for the organization will be presented at a second meeting of officials on June . 17 7 at the Round Up Inn. Officers will also be elected, if the constitution is adopted,,- - to head the organi . zation.in which each member government ' will have one vote. The decisions of the Council will.be advisory, but it- is anticipated that improved coordination throughout the area will improve municipal services at.,reduced overall cost to area taxpayers.