HomeMy WebLinkAboutOrdinance 2142 SECTIONS 17 AND V UP
NO. '2140, PASSSO XND ADUPTSM Sf
THE CITY COUNCIL CC =11SDAY, JVLX 29, 1942,
F,!2' INCITC11".1 SIM] T11E L'I"107 IN
FROM 14447 CENTS To .5066 cmurs; amo mums.
ING THAT Vii ORDINANG,,& SH,'%11 111`1, 111 ?0,11C,13, A�ID
T t,il 1,11"1", THE DATE' ()? ').T.,3`
D I'T C),%DA11,10 BY THE CITY GOD E031 OF 7EHE CITY F(11'rr 11111`r�,.)Rrfl, TEXAS,:
SMETIOR 1,
7hat Sections IV =4 V of ()rdirtarnae 'Po. Z1,40, pai,,,,�ved arA kufoj,,,&od
by the City Counwil an ,,amass ay, July 29, 1942, Ahall be W%d wft"ur
being so amendad, they shfil read.as follows;
SECTION IV,
That for Qw purpoala of the inlsu,eat of sk"Ld bonds,
as wall as the various Instal2mants of principal, an the
some shall respectimely naLure, theiv is hereby lwvled for
t),w vervir 11)1+,2 and for aach,,, wacceovitnf,, year 0,10reaftir,,,r scy
long-se the staumne is to provide for the inter-,
est irad extinital Installvoirilo of prinalpal of said bonds, an
all property In the Gity, of Fort, Tlorth, Texas, 31able to tax-
ation, a straight iul valli,,nem, tax, of 05066 cenbe an the nee
hundred dallar lraluatdori, of vidd pre,,,qmrty, or so ivauii there..
of as may be nocessary, at4d if at tinw- the &aaaurlt of
said tax 002 not be in-uffi ciefnta to provide for the inter-
est, iitld' annutLl installments of-principal, it shall he the
duty of the City Council to so increase vaid mate that a%n
amount shall be realized from ruaaa Ld tax, sufyicicmJ,,, risu meet
t1ha aforemald for interest, and annual, installm,
mants of princips.1 of sald 1:,wnds; arW it is hereby promisted,
and agreed that such Increase of tax fjhrall be vuulo, if ro-
quired fpr the 1,,,iurpoaas named, as often as It may be nee**-
siu�r. 71vare s),vall be assesead met col Lected enrmal;y, as suf-
fioLenL sum to pay the Interest on, such bond� anO tq, oxwnte
a sinking fund of at least two pore emtiurl (.,%) of tlie pri ma.t.-
1,,)al de14 his rain k.,mathorized.
"ITLat, it shall be t1m daty, of the Cit,i,, Ck)unc-Ll of the City,
of For Worth, Taxna, aid its successors, mcd or the iht.overn-
mant of the 01ty of Fort Nbrth, by, levying taxes for gene'ral
purposse for the w,,4d City for Che your 1942 and far ovemy
successive <year during the life, of said basrtded
or srW p rt thereof, to Include in ouch levy the special tsa
of #50661 conts on ths one hundred dallar property, r,,auation
(or so much them ot as may be arici neceasiiry),
vided tot in the rw=t, preca.4-t'ag, section, of this ard'L'uukoe,
,and MaUls. cial box shall an no scaount whatever be displao-1
as
ea thmriuf rum.,
SECTION 2.
That all ordinunass and paAs of ardinwiees In owdUmt hwmWth
be and they ur* her,0,�,y ax,,fwesslv
SECTION 3,
That this ordinance sball, take effect mad be in run force and of
feat from and after the date of its punauge, mad it is so ordained.
oo
............
Y, mt, A,h
nV7,727".
AS "A",$ '11"ITAti,1a�
__,«»...e.����*-mac. ,.�_ ..�.� ..W.,,w�. �,....�w.,....��
City' 1'fkt1oMM0Y Of Qle City' Of' )FOlt,
Yforl,J,�, Tfanuuw