HomeMy WebLinkAboutOrdinance 2943 ORDINANCE NO
AN ORDINANCE PROVIDING FOR THE APP`a0FAIA!rI014 OF EIGHTKEN
THOUSAND, SIX HWDIM THIRTY- Et T AND 5OA00 DOLLARS
(418,637,50) FOR THE PU1tpoSE OF PAYING THE FIRST SEMI-
ANNUAL INSTALLM1^"T OF INTEREST ON ONE 14ILLION, SEMEN HUN-
DRED AND FIFTY THOUSAND DOLIARS ($1,750,000,00) WORTH OF
AIRPORT BONDS, SAES 93, AUTHORIZED TO BE ISSUED By ORDI-
NANCE No.. 2939, 'PASSED AND ADOPT01 ON I +IDNE DAY THE 27TH
DAY OF FEBRUARY, A. D. 1952,E
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS-
SECTION 10
That the sum. of Eighteen Thousand, Sim Hundred Thirty-seven and
50/100 Dollars ($13,637.50) be appropriated out of the unappropriated
balance in the General Fund of the City of Fort Worth to pay the first
.semi.-annual installment of interest to be due and payable on the first
day of September, A. D. 1952, on negotiable coupon bonds of the City of
Fbrt Worth, Texas, authorized to be issued by the City Council of said
City by Ordinance No. 2939, on Wednesday, the 27th day of February, A D.
1952, in the principal sum of One Million, Seven Hundred and Fifty Thou-
sand Dollars ($1,750,000.00) and being, designated as "Airport Bonds,"
Series 83
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,,
SUCTION 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 L IALI:TY:
City Attorney of the City of
Fort Worth, Texas