HomeMy WebLinkAboutOrdinance 3440 b i AHCE NO.
AN ORDINANCE PRO)MTDING FOR THE ISSUANCE OF NEGOTIABLE C
BONDS OF THE GOVER10= OF THE CITY Off' FORT WORTH, TM(AS,
AXO ING TO Tom, P INCT 'SU 69q, -FTC THOUSAND, T PL-
` 75,600,~+ , xN A it es OF ADD
" ,,,, , 2,,;,,j 009,,,_ ,, � F BONDS
T ORE ISSt 17 fC or ATE A �cz�`i� OF Flvi khtiRID
`HOU5 I y��pp;�y�. oC1 J. F SAID
.WORTH OF' /BONDS, AND BEING
AS TO )3E IPS4 1,F04 a,P OU ,P 'T CITY IMPROVE-
MENTS, VO'WT, It ANT! EQUIPPING FIRE STA-
T;LOkC AND ?,4=0M, CITY FIW ALARM, YBTF Z, ,
AND ACQ,OIRING THE NECESSARY T ° E'F'OR FOR SAID CITY, EACH
OF SAID BONDS TO BE IN THE DFJ(XIKATION OF ONE THOUSAND DOLLARS
411000-00), TO BE DA'Z'ED MARCH 1, 1956, MATURING FROM ONE (1)
„T�TXT „( ) YMS,,FROK Tp Dom;, ,,THE,, IRM
Tw -Sam THOUSANDLiRB W6TH OF SAID BONDS
"BEAR INTER, T AT I OF F FIER (4), �? 1XNilX*
THE NEkT F' T#W'SM DOLLAZiS01(�15,060.00) WOR'T"H f F SAID
TO UT;A"T, RATE,0,,,,TWO I�ND,,,
(2-1/2%) PEA , ,� HEX T L ": OUSAND DOLLARS (�ii'606«00)OF
AND
RTa DIXT &ATtMEIGHTEEN TR0TJS ,B�,4--SSASE O TWO Alb DE - DS PEfI cT* (2.70)
F ANNUK, W THE NEXT, ;HOUSAND DOLLARS 03,000.00) WORM
OF SAID'b6ND§'T0'F1EAR L RATE OF OWE-QUARTER PER
CANT (1/ );P AN�,;,,SAID I B" ' YABLE ritAN1tJAT ,C,
TIM 1"1. IT T6 Bf� � IN COCK 16TE ATTACHED TO THE
Z W D INS; i 41,f���,
,,,
CITY, TTOMY, PR IVIU ifG FORA D�TA"1" TAXLEVY_FOB.; PAYMENT"
OF 'T' INTE�T SAID'BONDS ADD i CTT A" 'A D 1*I4G FUND VI6
THE PAYMENT OF THE PRINCIPAL =KKQF AS THE SAME MATURES FROM
TIME TO TIME; AND PRO I' i'` IS ORDINANCE SHALL BE IN FORCE
AND E'F'FECT FROM AND AFTER THE RATE OF ITS PASSAGE.
WHEREAS, 9 the,15th day ol? �vgust,„dt,. D. 1 Sla purau t to the au-
;h
re ted i eia C ty ecl on 19;o; C P v cyf ;the,.Charter
of the City of Fcaxt oath, ado t ,xr y , ied Y e w vithi# the
limits of said Lai r on the flay oaf D cea abe , ,.,D. �,�, an
A,the lays
and Copsu4kT tda i " a,,„t iy,C, ;,TIr t .0 of,xa
Fort Worth,. F, by. Garda na4p o that , directed the submission
to the # lec F e a
Fort Worth,
„, r;,, t y
Texas, ana who have duly ren red the same �Qr t�xet�on�,�t a,�ection
to be ham'"ixi sa3 gin .. , :day oi�"September, A. D. ] I, crf the
right, power aA4 aut�ho r y of the it* Cow , of the,City of Fort Worth,
Texas, to issue,neg tiable cc pI boI of,the pFRg ate,,goverament of said
City in the principal sins of Five H , -' *d Tbousand Dollars ($500,000,00)
for the pur ase o m stag iae ut city implovemeuto,, to,wit, c onstructinR,
building and"egaaipping ,fia~e siations aed improving and extending the city
fire alarm system., and acquiring the necessary lands therefor for said City;
and,
P RE",AS, i#,conformity with said ordinance, the Mayor of said City
did make proclamation of said election and fixed the date thereof for the
llth day of dept mber,
WHW-4S,,;,said election,.order end,proplao4tion thereof were prepared
and published in the manner and for the time prescribed in said ordinance;
and,
WSVMS, on the„llth day of September, A: D. 1951, said election was
held in the'City of'Foxir Wort, Texas,,at the respective polling places
designated in the eleAio4 order, at which said election the issuance of
said bonds was snb it ii as s propisi.tion -�6 th, , qi*jified,electors of said
City who own tax
grape ty iaa the City of Y`ort Worth, Texas, and who have
duly rendered tree `€lame for tauxign; acid,,
WAS, the official ballot on said occasion, in conformity with
the ordinance of the y Couaxcll here a ao ironed and in accordance
with the order of said election, in form and in substance reads as follows;
OFFICIAL, BAI,U”
Shall the City of Fort Worth, TerXas, through. its City
Council,, issue its nagatiahj,,e coipon bonds in the principal
sum of T"i ty=three Million' Four RiondrOd acrid Fifty Thousand
]Sollars 074564,p :00) ,:tor'tho purpose of w6king "permatent
city improvements 'constructing, improving and extending
the "streets, thoroughfares and storm'sewers'of said City,
ind ud.ii ' such"permanent public improvements the straighten-
ing, widening, paying; grade 'ffieparation, lighting and "drainage
of said, streets and thoroughfares, and acquilring the necessary
lo " therefor, "said bands being payable stri&U-7 as wary be
determined'by`the City Council, so that the last maturing
bonds shall become payable within forty (40) years from the
date thereot bearing`fut rest ht a""rate"not=to exceed four
per cent (4%1 per annum from the date thereof, payable semi-
annually, and levy a sufficient tax to pay thw interest on
said bonds and create a sinking Rand sufficient to redeem said
bonds at the maturity thereof?
FOR the Issuance of Street baprovement Bonds.
AGAINST tte lssuance of Street Improidment Bonds.
Shall the City of Fort Vorth) Texas" 'through its City
Council, Issue "its'" gotiable^coupon bonds in the principal
sum of One Million, Seven hundred and Fifty Thousand Dollars
($1,750,000•00) for the purpose of making permanent city im-
provements by establishing, equipping, extending and improving
municipal airports and landing fields for airplanes, aircraft
and other aerial machines, 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 ( ) years from the date
thereof, bearing interest at a rase not to exceed four per
cent ( ° ) 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?
FOR the Issuance of Airport Bonds.
AGAINST the Issuance of Airport Bonds.
III.
Shall the City of 'Fort Worth, Texas, i°tbrough its City
Council, issue its negotiable coupon bonds in the principal
sum of Bight Hundred Thousand Dollars ($800,000.00) for the
purpose of making permanent city improvements by constructing,
building and equipping additional incinerators for said City
and acquiring the necessary hands 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
(off) years from the date thereof, bearing interest at a rate
not to exceed four per cent (4%) 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 bonds at the maturity thereof?
FOR the Issuance of Incinerator Brands.
AGAINST the Issuance of Incinerator Bonds.
IV.
Shall the City of Fort Worth, Texas, through its City
Council, issue its negotiable coupon bonds in the principal
sum of Five Hundred Thousand Dollars ($500,000.00) for the
purpose of making permanent city improvements, to wit, con-
structing, building and equipping fire stations and improv-
ing and extending the city fire alarm system, and acquiring
the necessary lands therefor, said bonds being payable serial-
ly 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 ex-
ceed four per cent (4%) per annum from the date thereof, pay-
able semi-annually, and levy a sufficient tax to pay the in-
terest on said bonds and create a sinking fund sufficient to
redeem said bonds at the maturity thereof?
FOR the Issuance of Fire Protection Bonds.
AGAINST the Issuance of Fire Protection Bonds.
V.
Shall the City of 'Fort Worth, Texas, through: its City
Council, issue its negotiable coupon bonds in the principal
sum of Seven Hundred Thousand Dollars ($700,000.00) for the
purpose of making permanent city improvements by construct-
ing, building and equipping a policy: station and ,jail build-
ing, and acquiring the necessary land therefor, said bonds
being payable serially as may be determined by the City Coun-
cil, so that the last maturing bonds shall become payable
,virithin forty (40) roans frcwn "ate date thereof, bearing inter-
est at a rate not to ezaael fatar per cent (4, ) per anrm frois
the date thereof, payable semi-annually, and levy-a sufficient
tax to pay the intereat on said bonds and (.*reate a, zirJUz1,g,
fund sufficient to redeem said boada at the maturity thereof
FOR the Issuance of Police Station and Jail Duildlngr
Bonds.
AGAINST the Issuance of Police Station and Jail Building
Bonds.
V1.
Shall the City of Fort Worth, 7 xas, ticrout'll-L its City
Council, issue its negotiable cotuipan. hands tzi the principal
sma of IVo Hundred llbaazsu�d IkAlLsa,s ($",,200, for 'tile
purpose of making permanent city inWrovenents In providing
a recreation aeater building, to wit, by construct0g, build-
ing and equipping as childreWs wasoum for said, City, and at-
quiring the necesuary larid therofor, said bonds being payable
serially as may be dptermlaerl Ivy the City Council, so that
the last maturiag bomds shall become payable within forty (40)
years from the des KOM two , bearing interest at a rate not
to exceed four per cent (4143 per iumwn, from the date thereof,
payable seahi-aamually, and levy a sufficient tmr. to P_My the
interest on said bonds tuad crenate 9, sizO;ing fund sufficient
to redeem said bools at the saturity Hereof?
PCE the Issuance of Childxens Viusemn Bonds.
AGAINST the Issunnee of Children's Musema Bonds.
Shall the City of 1a°ort Worth, Twuia, theouol its City
Council, issue its nee otlable coupon bGads in the priacip
sum of One Million Dollars ($1,000,000.00) for the purpose
of making permanent city iiiaprovements by 'PuraluLsing, acquir-
ing and improving laxid and projj"ty for public pax.-Its in said
City, said bands, being paVable serially as may be determimed
by the City Council, so that the last maturing bonds shall
become payable within forty (40) years frr,,At tine slate thereof,
beariAg interest at a rate not to exceed four per cewt A)
per aurim froia the elate thereof, pa7,rable sa aani saauaa l l y, and
levy a sufficient tw,' to pay the intereot on said bonds amid
create a sinking ftuul saffial,eat; In redeem said bonds at the
maturity thereof?
FOR the Issuanii.:,e awaif 11ark Doruls.
AGAINST the Isatwnce of Park Bonds.
Vill.
Shall the City of Fort Worth, Texas, through its City
Council, issue its negatiablA coaspoes boads in the prinailml.
sum of 'five %a&red 7houzand Dollars ($500,000.00) for the
puaTose of makizn*� pei,,7=ie-at city, improvements by purchasing,
acquiring and improving the plArygrminds and reereation park e.
of said City, said bonds belAg payable serially as nay be de-
termined by the (1;.ity Coizkc,l 1, sio that the last iwaturizq bonds
shall become payable 1�rlthin forty (W) years from tbe date
thereof, bearing intereat at a rate riot tar exceed four liar
cent (40) per anumn fran the, date thereof, payible semi-
annually, and levy as SUff1c%4t' say Jo PArthe interest on
said bonds and create a sinking fund sufficieut to redeem
said"Mada it M Stattly0wZWK 0 - n ' ;t 1 4'
FOR the Issuaned,of play gtound ua ad Roe reation'Park,
Bonds.
AGAINST the Essiwmee of Playground and Recreation Park
dA./J/
and,
�#JffitFM,, in-the elections 'weld in adid City of Fort Vbrth, Texas,
on the 11th ddy,'offfeptftft)er, A.'',D. '2051, an toe qkIdstion of the issiaxt,ce
of said Mods her*robe taration ed) then a vas'a majority of votes In
favor ofo the,lssuadde of said-bonds; add,
WHEREAS) by virtue of said electiono said City Council is; vested
with power and authority,by,and fran'tho qoalirfiod: electors Vho own tax-
able proper, w the"City,of Fort %orth, Texas, aad Who hKe duly rendered
the same for for mthe Vorposes afdremrationed
said to iftke, 80 valid and bQVIg 61111,fprtiond of the corporate government
of-t h* City of Fort nth, Taxon aaa, wlle
WHEREAS, the City Council, is accordance with the power verbed in
said governing body, did adopt,an, ordlaaAee on the 23rd
MY of February; A. D.1955, all'thovizing,the i0sua ace ,of nagptiabla eou-
pan bonds of"the g6verament of" the My of Fort Worth asouating to the,
Vrineipal sum of l% Hundred Md-Teenty-fiviThbusand Dollars' ( 225,000.00);
and,
VUSASAS2 all 4f 'the above deseri6d,badtida°#ore issued out of az,au-
thorized issue ot dive "ears ($;*OO_OOJ wortil, of
said bodd9i -4000o6do' re Qthorlzad,tolio,lssadd by tho,'pr6$wrlbyr,tax-
Vaynd 'qualifiel, Voters a said fluty'atAn MOM held 6a, the filth daW,
of Septelber, A- D, 1951, and all of tban,'401nz w part of and k4own as
Series '89, aad'des*Vitea'a"s 'Ti-re 'Prateotion
WHEMBASO it is"deemed'wise madiaxpediedt,hythe City,Zaonail of
the City M Part Worth, 'Texas, in Vw,azarqdse ,jf the Alsartlon reposed
'in it by Pollaro (M 5,000100),?forth of
said bond,6,Az,,Add1tio Avid �Nma/ty,4ive VhMand Dollars
($225,000-00) worth of said bands heretofore issued and sold out of the
authorized issue of Five Hundred Thousand Dollars ($500,000-00), be Is-
sued in bonds at this time, said bonds to be issued being a part of Series
89 and designated as "'Fire Protection Bonds"; NOW, THEREFORE,
BE IT ORDAINED BY T= CITY COUNCIL OF TIM, CITY LTIP FORT WORTH, TEXAS:
SELITION I.
That the municipal government, of the City of Fort Worth, Texas, is-
sue its corporate negotiable coupon bonds in the principal sum of Seventy-
five Thousand Dollars ($75,000-00), this wnOuat ' ,being
in addition to the
Two Hundred and Twenty-five Thousand Dollars ($225,000.00) worth of said
bonds heretofore issued by an ordinance lawfully passed and adopted on the
23rd day of February, A. Do 1955; that the bonds above described were is-
sued and sold out of an autlAorized issue of Five Hundred Thousand Dollars
($500,000.00), authorized to be lswued at a proper election held on the 11th
day of September, A. Do 1951, which bonds are known as Series 89, and desig-
nated as "Fire Protection Bonda"; tbat the bonds so to be issued sivall be
in the denomination of one Thousand a)llars ($1,000.00) each, dated March 1,
1956, the first Twenty-seven Thousand Dollars ($27,000.00) worth of said
bonds, maturing from 195 ' 1965, inclusive, to bear interest at the rate
of four per cent (4$) per annum, the next Fifteen Tho'usand Dollars ($15,-
000.00) worth of said bonds, maturing from 1.966 to 19"rG, inclusive, to
bear interest at the rate of two and one-half per cent (2-1/2%) per annum,
the next Twelve "Thousand Dollars worth of said bonds, matur-
ing from 1971 to 1974, inclusive, to bear interest at the rate of two and
sixty-h-undredths per cent, (2.60%) per annizal the next Eighteen Thousand Dol-
lars ($18,000.00) worth of said bonds, maturbig from 1975 to 1980, inclusive,
to bear interest at the rate of two and seventy-hundredths per cent (2.7(%)
per annum, and the next Three Thousawl DOJJ.Xrs ($3,000-00) worth of said
bonds, maturing in 1961, to bear interest at the rate of one-quarter per
sent (1/4%) per annum, payable semi-annually on the first day of September
and March of each year respectively, both principal and interest of said
bonds being payable at The Hanover Bank, in the Borough of Hanhattem, City
and State of New York, the semi-wmual interest being evidenced by interest
coupons attached thereto; that each of said bonds shall be executed for
and on behalf of the City of Fort Worth, Texas, by the Mayor thereof,
attested by the City Secretary, sad approved as to form and legality by
the City Attorney, with the meal of the City thereon duly impressed, and
the interest coupons shall be executed with the lithographed facsimile
signatures of the Mayor and City Secretary of the City of Fort Worth; that
each of said bonds and coupons shall be negotiable and payable to bearer,
and said bonds shall be numbered in the way and manner hereinafter set
out, so that the last maturing bond shall become payable within twenty-
five (25) years from the date thereof, and the bonds themselves, seventy-
five (75) in number, shall be numbered consecutively from two hundred and
twenty-six (226) to three hundred (300), inclusive, and shall mature in
the amount and manner hereinafter set out; and that said bonds shall be is-
sued for the purpose of making permanent city improvements, to wit, con-
structing, building and equipping fire stations and improving and extend-
ing the city fire alarm system, and acquiring the necessary lands therefor
for 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:
SECTION 11.
Tb&t the said bonds so to be issued by the City of Fort Worth,
Texas, amounting to Severity-five Thousand Dollars ($75,000.00), in addi-
tion to the sum of We Hundred and Twenty-five Thousand Dollars ($225,-
000.00) worth of said bonds heretofore issued out of the said authorized
issue of Five Hundred Thousand Dollars ($500,000.00), shall be issued for
the purpose of making permanent city improvements, to wit, constructing,
building and equipping fire stations and improving and extending the city
fire alarm system, and acquiring the necessary lands therefor for said City,
and shall consist of seventy-five (75) bonds numbered from two hundred and
twenty-six (226) to three hundred (300), inclusive, and the first Twenty-
seven Thousand Dollars ($27,000.00) worth of said bonds, maturing from
1957 to 1965, inclusive, shall bear interest at the rate of four per cent
(4%) per annum, and the next Fifteen Thousand Dollars ($15,000-00) worth
of said bonds, maturing from 1966 to 1970, inclusive, shall bear interest
at the rate of two and one-half per sent (2-1/2%) per annum, and the next
Twelve lbousand Dollars ($12,000.00) worth of said bonds, maturing from 1.972
to 1974, inclusive, shall bear interest at the rate of two and sixty-
hundredths per cent (2.60%) per annum, and the next Eighteen Thousand Dol-
lars ($18,000.00) worth of said bonds, maturing from 1975 to 1980, inclusive,
shall bear interest at the rate of two and seventy-hundredths per cent
(2.70%) per annum, and the -next Three Thousand Ik)llars ($3,000.00) worth of
said bonds, maturing in 1,981, shall bear interest at the rate of one-quarter
per cent (1/4%) per annum, payable semi-annually as aforesaid, all of which
said seventy-five (75) bonds shall be known as Series 89 and shall be styled
and designated as "Fire Protection Bonds"; and that all of the said bonds,
comprising the sum total of Seventy-five Thousand Dollars ($75,000.00),
stroll mature in numerical order in the manner and amounts as set out in the
tabulated statement herewith attached, to wit:
SECTION III.
That the said toads axe he,,reby &,uthoilze`,L to be solA to Aw best
adveatage, but in no event shall same be sold for 14sas ttummi pnr, axid. tit
acanied intereet t,,o the- time, of and the, proceeds thereof to be
placed In t tra4sury 'Of t2m City of For Warth jna utilized, 'for the
special purposes for uhich they are created.
SEC17ON IV.
111at for t1le Tarr pose of paying tins intertst of said bonds, as well
as the various installmauts of principal, as the same shall reopectivallf
mature, there is Kreby levied for the year :1956 w,, id for each a aarcardrmdiruai
year thereafter so long as the awla tn"Jay lets wumessary,, to provide for the
in aa4 annuml Imstallmenta of principal of naid bonds, onaU prop-
erty In the City, of Fort Worth, Texas, Mile to wration, a, strft.i(ittt a&
valorem tax of .10105 d�,emts on 'i tuu.s one hundred. cU,01,ar vt,%Iuation of rvAd
property, or so mucla theroof as nay be necessary, Or in addition thereto
as may be reqaired, and if at any time that a.%Diourrt of said 'tax ohall not
be aufficierrt to pro,rfde fox, the intereet and, manual irasd&Ujne Ito Of
cipal, it aba,11, be thp dt,vty of t1m* (',Uty Gaunall to ma increase saianxte
brat ,aux aLwuat shall be realized from Md tax sufficKat to meet the re-
quirementa afaresaid for Inter eat and azuiu,.0. Instel-Immyta of princip,al of
said bands; aafR it is hereby promised and agxvad that such increase of tamx
sball be. =41e, if reVired, for 'the purposes :mmied, em oftea af.l it May be
uecessmrly,. 71wre, aWll be azateosed and collexted, =Lrmu�illy a sufficient,
sum to pay the Interest (nt such bonds R,,md to create a sinking fund of at
leftst two Parcentun (2:M!b) of the principal ddbt herein authorized.
SECTION V.
That it shell be the duty of tMe City MOM of the City of Fort
Worth, Texas, and its sucaesv,;f)rs, awl ot, tb,e &yvernounat of the City, of p02wt
"Wor th, i1a le'rying taxas for ganernl parl.)osas far the sadd, City 'or the year
1956 and for evory successive year daring the life, of said bonded inddbted-
nets or any part thereof, 'U) inMITA,M 111 SUr,!n.'h ley the sPecial tan,,t of .10105
centa on the oaa hundred dollar property valowLion, (ar so much thereof as
.........................................
iw%y be reqnisite and necessary, or L[[,.i widftion hbect h f%,s may be reqllil'ed)'
provided for In the next proce6Lng section of thira ordinaace, and said special
'tax slu%ll on no ac=unt whatever be displaced thereLronl.
=TICIN "t1.
11hat t1w qpealal tan 1"m5rein'biefore provieL.,-d for, when colleated,
shall be placed mnael kept In a sepwate fuiul and, sl all. be devoted to tZe
payment of the interest and the extiagaishment of t1w principal of, all and
singular the bonds 1w•eiruibove mentioned as same matux* from time to time,
and shall not be used, applied or diverted, to any other purpose or object
w1vitsoever; and the funds derived from said tax dhall be beld and listed
an as separate accowit an the books of said City and tine proceeas 11eld and
kept by the City—Treasurer of said City as a, selxxate and distinot accaurat
and so specified as stwh'on his books.
"Tim
That as soon as convenient after sald "boads shall have been propmved
and signed in the manner prescribed by thP., Dr&L'04,aet, they shall be Rub-
mitted to Use Attorney General of the StHe of Texaa, together with a car-
tif ied ecap, t:rt of ttx� total bonded indebted-
y of this ordinaace and a statemen
aess of the City of Fort Worth, including the 00a herein and hardby au-
thorized and the asmessed vymlae of Vhe taxable praperty in said City, for
b1s apyroval, and none of eaid boado shall be nega
,xvtJ,ated, sold or t.z.mzsf&!"ed
witil the same, shot 1 baxt received the official sana tian. of the said At-
torney General as prescribed by law, and thereafter said bands be
placed irith the StatAo, C(=;.'rtreller of I-,','Vb1Tc Accounto for registration.
SECTION VIII.
That the City Treasurer of the City of Fort Worth, aw other lawful
custodian of such fund, uIu.tlxg the moutha of Anguat and February of eacb,
awl every year Miring tha life of said bonds or part thereof, and not
2ater than t1ve 25th day of eaeb of said )n,,onths, sim,,01 transi,�,&t suff,'J,cient
money Out ("or the interest ftuls bereinbefore created for the payment of
'ate, semi-anntmtl Interest accrMxqt
., on said, bonds to The 'Hanover Bank, in the
Borough of Manhattan, City and State cs! New York, and likewise proper re-
xittance shall be made, ix,). &ue ca,wee to provide, far tkle payment of the
pir.,incipal. of any of said bonds, in advimwce of' t maturity of r mme.,
S'ECTIChl IX.,
That this ordInance almll take eff'ect and be In Aal force and ef-
MW Kn�
N Or date of tts pmomage, I It is so arelained.
0
"Ol p 1 4
-7
r o the ClEy o Fort lolorth, Texas
city p"acreta—l"y of the City, OF
Fort Worth, 11hanuts
A�IPROVEM PUS TO FURIIA' jUlD 1,WMALITY:
City Attorney ov;F�the CITY Of
Fort Worth, Texas
CITI (17 F011T vK11,1111
PRINCIPAL WW'UHITLES
175,000.00 FIRE MrSCTION TBOND
DATED MAW 1, 1956
DUE MAlVIR 11"5T PRINCIPAL MATURING
1957 $3,000.00
1958 3,000.�:)o
1959 3,000-00
:Lgiso 3,000-Oxi
1962. 3,000-00
lc%62 3,000-00
1'963 3,000-00
1905 3,000.00
1967 3,000.00
ODO.00
1969 3,000.00
197710 3,OM.00
1971 3,000.00
fi 19,02 3,000-00
IV73 "�,oow ox)
1�)114 WOOS*
1975 3,000.00
3,000-00
3,000.00
11 T6 3,000.(OX)
'19(9 3,000.00
19so 3,000-100
1956 3,US-00
Sap°kPb 1E3y tl„°nw10Y 4110 TN El"EidM,C
azalea 89
....................
--aso�ttaao--
Fire Protection Bond, of tabe City of Fort Worth issued t.'a',x:r the Purpose of
motr::taa✓w„, fserseasaant city i'.a aias oar eme„a"trs, to wit, sons tru at.tsai», building
and euiujppi.stt fire stations and iasmtaaos.n:s,s,g and eirteaasti.a,af "the
city fire alarm system, maul ocatta_rwrJmg the aaeceaseor'y lands
tii'&twYR ALL 302 Erf itiItchaft 'PR�'�
That the government of Um CC,L t y” of Fort Worth, e, municipal corpora-
tion ttaaiy asx*ated paua)or the laws at the State of Texas, ,kereb?'. aclsaaovIeag+cc
itself to owe, aaa^aat; for value a^recc,trots y�rornl see 'to pay to bearer,
tX tti Tttotiry"m+t'ttt DO aLdtuai ($1,000.00)
i.e tueaafu l money of the Uhi d d. S taat!eas of America, sea the first day of March,,
A. D. 19 togr,,;ettser with interest thereon at the rate of
pereemataam ) per e„ranixa, pf,%ya:ble caaial4-enaaaaaa ly on the first day of
September and Aa'rch im each y'6':au»ar, on ,presentation End, surrender of the an-
nexed interest a^aaaaions as uaety severally fall due. Both the ter, nci," att aaeai
interest of °ttataa bond are payable us':: the office of The Hanover Bank, in the
Borough of Hanhattaa, City and "Nakao gat Nev ""fork, awl for the CWe aaaaai: yaaaoe-
tuaal Teyvent of this NO at the maturity thereof, "'asset the interests 'thereon
Kam it falls due, the :hail faaitta,, credit and :.,esources of the City of Fort
Worth 4,jwe hereby irrevocably plee4,,eri..
°iafais isa.nd is one of o series off' seventy-five " t) tasaasis umabererl
coaaasecutiasely from two hundred aaaaat. twenty-aia (226) to trttree taue,strerwt (300),
inclusive, in the rterarraminaata,.ssn of Oaao "thou>is9;aa°d Dollars (ast.,timtt"xo) r!sastas
esaroaan ting,„ .k.ra; ttae et”t,a^e ante to the sum of Seventy-five y-i i ve Thousand t':ta t.i aa"a's
($75,000-00), t.susuea4. for ta!tae isaasaware of uaaat°wta'sg maessaw"u'leaat m,.tRsyt PaRprosauoaentts,
to wit, aoustructin,',,,, buiJAIng nand equipping f Ire stations amd Inprowing
and extending bh,e alty f Ire alarm sysimm, wul acqW,ring the nairzeswxr) Lands
tbarefor, Wer and by vArtue of the (',,onatittiblon and lave of the Stato of'
5,rexss, the Charter of be (,Nty of Fort wad, a',U.-i orodriance lawrM31y
passed and adopted 'by, Lire Cit,y Council of t1w. 01,ty of Fort, leiortla, pur.aniant
'to valiO mutbariby from the pwaperty taxpaying quallfled, vaters of said
City, at a prvyer. an,d Legal election hPlid ari, tLnr g:. gg:a. cLay of Ge�ptraiaber,
St "Le lhprel,�Y ifmrthez, expresa3j repremented, recite& and covenanted
by the of tlwa City of Fort Warth, to and vith ea,(,11 and, mrery
holder of said bonds or aay one of the v, that rall, acts, conal.hioris and
things required by, the Cons tituti DD EMd LAWS of -the State of Temls, and. 1.WV
the Cluvrter and Ordinances of the City rf Plar t Worth, precedent 'to wad. it,i
the issuence of th'is 'bond, have been dorne, kvote luaypened and 1,,ave bem L pf,,tr-
fazued in proper, and, Dtmitwil, tinxi, i"orm, and muu)er as prescribwl by laity, so
as to make thIs lx)nd a legal, binding ai,:L41 valld rAAALzation, of the City rag,"
Fort� Warth, and, that provision has been zwvkle for the "Levy and collectlwi
of a d1rect annwQ, tax arer kill tanible property in the City of Fort Wth,
and that swh td.,,Lx bas lieen levied as sufficient; flaw"natt, flar tba P,%1f)"gent
of "Um pr,Luelpal and interest of this bonil at tkie,, respective any turity dates
tbereuf, and thhjata the tvj'al inr'Jebth2dneSG Of", oralA C.Uty, including tBats 'bool
amd, tbe issue of which it ,Is a oc 'k>ajaerit part, does nab exceed any, constO
tutiow%l or afntuton g
IE TESTimaNy wnaan the City of Fort, We,,,wtJLf,, in, the 81,;Arte of Te, r,,;,
1xis executed, 1*nd by J to be signed by Its Mayor, attested IbT
the City "
, wnrtirtary, and approved as to fonn and Lega,Lif,;y by tbe (31ty ',Atonley,
with the aeal of flu". City thereunto duly -impiressed, and bt,,,w ofitused the rX11-
as aauxag, iaterest colapons bo be ex,,ewutied with tinjej facsiAd.le sigratures of the,
Mkayor and City Soarret an: y, ,asst], kv,,Is aawaieed, this, bw,A to be sax tiadas the firot
da,,f of" Msacb, ghr 1). 2956.
cnn�' cw FaiiT votilr7l, gxu�,,'sl
ATTEST: try
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(10(i UM 00 C(MPOK SOTS)
The City of Fort Wortb, iri tbe St,a ate of," Te=,ra, prard-ses 'to to
pay
Bearer Q on the lat day of
19 at '11hr Manover TWnk, in the Borough of Nhn-
hattan, City and State of AW York, for Interest due that day on Its Fire
Protection Bond, Series 89, dated NLnxch 1, 2,9%, euvl numbered
C l ar VON WOUTH, TM"f
BY'
I'dDiyar
ATTEM
CA y
(CERIFEFICAM W CU011ROLLER)
OFF= CAF WGWOLLER,
STATE CE" TENKAS.
I do hereby certil"y tliat there is oil, file and of record In my Mice
as certificate of the Attorney Gaueral of the Wto or Texas to the effect
ahn y quired Iry lam,, an . tWi6t he tht ti bod has been e�xayzfted b
finds it has been issued, in canforraity vith the Constitution and laws of
the Gta'14 of Irexi"I's, and that it is as valid. and binding obligation upon said
City of MA Worth, '11ex@"Ma, and, sal.4 barif,"i line thiu day, been a^ by me.
WITIMS86 urf hand t,a,,na meal of arfice, at ),WaUn, Texas, this tabe
day Of a A. D. 19
In Accounts'
ol" the State of Texas
W CITY, fka"veRa ')
The withlo bond Is herejr approved as to fava and legality.
city