HomeMy WebLinkAboutOrdinance 3439 ORDINANCE NO. �
AN ORDINANCE PROVIDING FOR TIM, APPROPRIATION OF SEVENTY-FOUR
THOUSAND, TWO HUNDRED NINTM' :AND 75/100 DOLLARS ($74,219.75)
FOR THE PURPOSE CP PAYING THE FIRST -ANNUAL INSTALU4ENT
OF INTEREST ON FOUR MILLION, NICE RMEED AND TWWHFIVE
THOUSAND DOLLARS (01925,M)-00) WORTH OF STREET I PROVF NT
BONDS, SERI, 84, AUTROR1 BE ISSUED BY ORDINANCE NO.
3438, PASSED AND ADOI 'D ON WEDMSDAY, THE 29TH DAY OF FEBRUARY,
A. D. 1956.
BE IT ORDAINT31) BY THE CITY CO W;'IL OF THE CITY OF FORT WORTH, TUUNS:
SECTION 1.
That the sum of Seventy-four Thousaad, Two Hundred Nineteen and
75/100 Dollars ($74,219.75) be appropriated out of the unappropriated bal-
ance in the General Fund of the City of Fort Worth to pay the first semi-
annual installment of interest to be dry, and payable on the first day of
September, A. D. 1956, on negotiable coupon bonds of the City of Fort Worth,,
Texas, authorized to be issued ITy the City Council of said City by Ordinance
No. 3438, on Wednesday, the 29th day of February, A. D. 1956, in the princi-
pal sum of Four Million, Nine Hundred and Twenty-five Thousand Dollars
($4,925,000.00) and being designated as "Street Improvement Bonds," Series 84.
SECTION
2.
That the appropriation herein made shall be transferred and placed
in a separate fund and shall be devoted V3 the payment of the interest on
said bonds when said interest becomes due arid., 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:
City Attorney of the City of
Fort Worth, Texas