HomeMy WebLinkAboutOrdinance 717 �NiYIMYrnrvvYYlY; �x,
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AF ORDINANCE SET I 'C ASIDE A PORTION OF THE TAX LEVY FOR
THE STREET HOy T FU14D OF THE CITY OF FORT WORTH,,
TEXAS, FOR T; E � 192,10 C PAY THE COST OF
CONSTRUCTING A PUTTING Ili, OPERATION A CERTAIN STORM
SEWED. IN THE CITI OF F0Kr WOWrH ON COUMCE THE T.
WHEREAS, it is neoessary that o storm isower be
constructed on Commerce tr t In the City of Fort, to
take oar* of surface water on said Strettv and
'WHEREAS., it is nocessaxy that said work of
oon-
structing seld storm r should be donna at c c ►, and
WHEREAS, the City of Fort Worth has not now in it
street fund the necoosary funds or money to defray the coot
of that construction of said stioirm sower,,
WHEREAS, said work of' constructing said storm sewer
can be done now and the same be for with note or notes
properly and legally' issued by the City of Fort Worth, bo,-
ooming due an Febraaxy First, 1922, bmxing Sir por oent
interest from date, Zt of ttie Street Improvemont fund here-
after to be Ii d for the 1I
NO THEHEFC E BE IT ORDAINED BY THE BOA" OF COMMISSIONERS
OF THE CITI OF FORT WOhTH9
SECTION I#0 That th, r hereby t
on each Hundred Dollars ($1.00.00) .., cf the
t levy for the y r @$F4, � 1921 for the Street I r r .
nt fund of t e City of Fort Worthj, which it it outimated
will amount to the sum of Twenty-fivie thousand Dallars
($25,000) , for the r c of defraying ing they cast of coon t u4t-
ing a storm sewor on Commerce Street in said Cit , and to
tLke up and disoharge notes issuod, from timo to time, duriug
the construction work of said stiorm, sewero
SECTION o That the Ifamount herby set aside for
the purpose h rri a stated rftiall conatitute a smared d
special, fund for the paymont of the costs of said It r
sewer and the y t of notes that may be issued during
irou!s„,ywc,
the progress of said work, and shall be appropriated for
no other purpose.
CT That the Board of Commissioners the
City of port Worth, shall at the time the annual budget
for the City of Pert Worth is M&O for the yrea
l he governed by the terms of this Ordinano, and set
aside said fund for the purpose of defraying the said cost
of 0onstructing said storm sever and the taking g u anA
discharging payments of notes issued in pay t Ic ,sai
work.
SECTION : This Ordinanoe shall take effoot and
be In force from and after its
Approved as to cr o
Cat can counsole,
1,ihereby certify that the above, and ;fraree:olng Ordinance
was Wy/presented, passed and adopted by the Bari of Commissioners
ne a
of the City of Fort Worth, Texas, at a Regular session of said
James Liston, U. ,
City Secretary.