HomeMy WebLinkAboutOrdinance 848 em
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AN ORDI N^"ear'G T i jl,",� T`,',-'P,`,,,,',, 1i 4 �{xJ iJI� OF
� ,, I�"l t�r7tif�.�� ��a!���t'?"�1��..tr�,r��.ouo��� w ;�ii�d d '✓�ri,m,4�v�°� �'`"�kwgtw`�ri,�,�b,s�a t:
f 1; TES ',0%fir ;C .l a" " OUTSTANDING AND „7rNIA ;'
J...
BY r ✓ gr w rr � v ' rw
lid THE{ ISSUANCE f a7 � d �' ���"ri� ,�r'k��� �kw�mfa � �w � tt�C 1"�',
O FORT TORT' A b V6 41 d �'� �it4 t� bads ritf�ll,`)T.' J �i 61 I�f1,1
.0 rio0TJ)Al �" r 'V"r,.KY' 1.a,w f�a
r
T t'0 48 +O lk rk,
3E J+"mN"l,K,''G 114" 'ER,T,S k A
'
THE RATE °( Ti'IV:, F2`11
SZtl—AXUUALlX EXPRESSED 3�,nlT79 S K r-,I A I
ZU TO THE �Y0NPS,�1��,,��f,�Ml G THE r : "�w„MION recd
SAIDf sy,' r 7" G r l w T'p
'x,11,«�,IIS h d� I7.,I„z (r,t 1�` .�„If dr>l',t ,���;Iti k.o�.� s.t dr�r� a~f,lur w I
AM TO PROVIDE AN Awlw µ re TAX LEVY FOR f
PAYMENT os ^ CdE d , at
r:.;aM r 811,11A ,$'I.,”"sue. ,fG�rwa' Di'],, .IF..... '
u,."R✓P ll,("Nr A'. AL T',a/,d El"")e IY."�� { A', is k%r,If,,/l., '�,f Q�f a✓.c ru,s',r,
TO TIME.
BE
71lHi; CITY bwr ,37,f)RT 'e,)l.I I,TEXAS,,
y WaEs.Y '� 1.udY. City of Fort Worth is n K:Mr:wtuwi an a3 count
�n wu"wY ^k ew , rww"r� �w aei Yn, , " r ✓rtt �, �/o%//%i�
denced by tha i,„& i drawn by tli; re4"„it,in n (if t' ie bi.i".tz ,a,a, olul r-
too-i,µr,w"iloners of the City of Fox,t notes
dixa .S, udd" "by the same ""d✓ta;.bo l ity y!`ttaiic i trxtw 'been
n
.u,a"Or""ful s,Y it'"d.d" tioll"tr�� ,iota d by "i'att a /,i, , City 2,o Yiold
„'dt;;:i,"'in " the period, o r lh o11tth"�,r' d' Iri irj,h a a Icf.
t :" � a,u. twi '
z,u'u,sistinf.x� ddi.lig ,d"
� ns of he
as eta
G;mu r e 'H, by Via 01ty of Fort wa t "n14 d:titla %a I,,,id:7t° dd ,) i dti.a1 N r b"a.`�`0 f
its charter azd, In ie"Courtiance witla, and
WI;dr q'"'ww'a»4,nd t.Ubded the provision of Section 1 8,oy Chapter
8 oai the charter of h city i i,r 11i d, i jarthL "W e �,.,4u& "w"d 0.?
fimw,uib.i `n i""s of sdi,v'f. 4,<ityYp xL«„ 4wd I-easslLy ei,illafdldL aid tdd the
power a"dw tiid addta„, ;V l t ” to, f'%,end', C,F.t,y 1,50
a 1 alit t or N��Y.N.rj,ni,nk it V a 4i: -.» 'w b a .I m.,, "i, ; tµN a 1.>
.� ,.rai.'Ca..f.,
therefor r"efo r r„o ancomplish sai d funning purpose; M,
W1<rw';(;"t a'is,dl'""a s.in City of Fort Worth is now 4m,hsarr,,.e
to ".,t So r, a A&MMeaujaut desire , to meoure an
e tei pion s'Ni time Amin AM; to .oay the same; and,
Vb area ,,lr., ,',, ass to tb e of the
indebtednesc be? f 1,i 6.d ,t, L wl 0,:(L" t 1r°a i A t y
of Fort wlriorth"e is the Vludlm of One
Dollars bear i2kg i„,4J,.,m:r4'st L.hwr✓Fak t',*y`e, of t th(,e
of t°i e(B) per ow t a.Nras;,k„ :p'"lr V p� ,�i'° r e IA t,
e r j.� 1.17, fruit, Ono to f o r t y h„a,.-.r q,ma h a at n t.,ro e a t %C', tex—
r'r,f,.rmIVr,.m iL COUyOnS A'ta0ld0r. tr.m hr%N.t.fm a!r'1,: tVm', fih.anda
themselves ves t" b'„bu tsaue 1. In d 4Nh&mi h"r;;.tiC rma .;ro°
c
py
tyhh%er>'.ra , tit is 0(,rain„„d,.;;:.tk,,.,4 tai,d:n„,„t the Hr -I aJV,. " alor°a-
'Y al os of [;0:1 op o.r"t„r in t,C,.,.., rar,."� !. �,„nt�„�,� iwi°(,” a”rrr"t ✓,4,.r1. 'aim'.,,, 8",!J j act
to Matirn for the year 1&2Z,wr,r t'w yvars thereafter,
will rr o rd;Lt to a sum N'rxo ed k4.,. On , 4unured a°mhh,m Thirty', !.
Wr"isr'ra sst.'"i, is mart ated, 4,1r° NJ,.r of rrru,i4',I.
"t carat a M ,t`.ss P ia 011 requirz "ta . y ls a special direct
tl".,x in t l"4 e m,i of a of
of , eaoh Hebb°,, mal,ma, ,a,."��,.�,.�m,a%a a, I..,Y�k Dollars i„f property V .L..Vs t't o za
to r °r"0.8"rii,:e for "thF dm,k,y'm ,d€te o, the i t:a:rest ,,,a
a s a me a+sr mr r as m n a. fa ry t .a the p i nc i,P41 of
Pr...,ta bGahrk" as same mature, Mom year "'t to year,
:. ti. Mm r m w
(,�'j' rkrm, ��.IC",4,h e�'Y�x �„'., �„ t�'� ,,,.! !;,. t���„„,a!,Y mh.,�., !,!k't
I;.I„J tni"m�t% ✓^Ir Uw %'nl,i t, i.l j, a!„L"'M,% ,(,' M CITY „F FORT WO Ris,"l r AS Y/,ktatMZ '
Tnat for the puspose o,`
floating,our:ant (d?na (:Z t e ("'ity,
heretofore legally contraoted and In the
aggregate to the sum of One Mill lor',,(�',,,kl ooc"),1,aao.",)0) Dollexs,
Cc,r , af"z City Saorot,lLry D""", t'fae C!"t"y sF 6, ro rt
ter y rxe 'riereby onapof/vaxe/,'„, to
fumi the said
of the saia City,rupresentea 'by warrants ana ( wt atandiram
notes ,by lasuing to tne huld=6 or cr(."t(Utora
bonaw of the City of Fort warkqae kurshw9ter provided:
UNION 2.
Thst yursuant Q W
ity to a,(r
the City of Fort WoxK,Tex,z,to ttie f'ao"ut'st ot, (",!n 141 "If i On
($1,000,000-00)Vollare shull by iawued,of toe denominatiorl
of one to
.bear interest at the rize of azmaxti 1P ELY-
Ale semi.annually,on Us Wat auya oi January ana July of'
w= yea” Both th p0noipal anu interest of t& sald "bonds
shall be payuble at Ve HuMover Noticnial a,W,, the DUY
of Ile, YQ1?,a1VL all Sala NOW Shall be OXMCAULI CJZ'
on behalf of the Gity a ' 'Furt Vfoxtk-� by thereof
ann attested by its City, ti',oe se �d of the
City ,,,,uly impreesei, Tlw I Interest to
accrue an usia bonds 41haf,,11 fd eviaer,,oud loy ir,`,'sal'eSt, 010u-
pone attached thereto wLall ex„an,,Ttteo, ,aritl:l
the 11thogrughad fuc.aLtiAle of tlf,,B-,,, and
city secretary. Tho asia b,,sncis an�,t couf,koris snall be
hegatilble ant shall w-, p,, y,6'hj1, to be"""'a'a"r ,,al;,, t'a"",
thasselves,on,
conseautively from one to ane Umnan6 lnulusiva,un4
shall muture yearly in. approximately equal amounts for
a. Parlo. of furty(40)ye r, nP"k„ tn�u O'�' , Aurity
With W axf'u,,"aunts 02 same
shall be to set out la too tWbuktad wN.tement Nerunimoral sub-
joined,ts-wit:
SECTION 0,
That •iaha said anl;;;dudr„a, and the coW,ap/ nrw 'Jar"'!i£`,G.et,,,�
gin. evidencing t ok e Jn e£eodi rn ��a �,�£ " �„�,
axac "'a; Gnu. in substantially, 'J„,..,e -J,4al"row£aa�„J ,wrtun,"krlla'4� e� Aa” �.
TED W"
STATE OY TEXAS,
ZM",ar£°Y, ALL MEN BY THESE PR .MU Thwb J e Dam2v"„`"fir",,
men ment of Y£G,.w„ City of Fort warth,a municipal ipas°a .,orp o ati£"t.a£,b,k"uly
created. under the laws ol. J..r,,.e Taor",aaue n£'aere"c;rya
'�'o v la� ,I ,es itself o owe,and, for value ^oel v : p omiA s to
l.aay"a to nearer On. "JJ'8"4",ua "end( ;10�)C`.(D�M)Ctoa.l,a„,r� 1,1',,�,",,v:-`%',1 m asney
190_,togethar with Inturest the £»,te,,to five
(SA)w c'a'eb.txx/m Immm,payable 0 £r'4z” a GL " "r,,, ,., ,a' wn,ib
itof t dc.a�' Of JanUary and Jtlly i'n, ye,,,,,;.,, , „nrr£ "d t res+u atel-
dal a,"C',& cant ourrender of too ,",1"tu'iex!£"d Interest t" £,,1;gr!on( as they
bon,,k., at the o oe of tl,,e ." ni ,, �a
a k"i n Now York M ispa4a.'r%' Y.a£"k.,na£" d for the due an,,'l punctual
payment of a i aa,!P:f£"a at !"°JJ£ t'1a w£"meof .,sS the
set thertah.when It falls due,th " full
rescurass 4«',f" the City of Fort To rth are hereby ef,"syJ" '," G evo dbly”
'(°M b4.an.,aw is one of a series of on
r
Cr:£a,arered consecutively f 7.m one (2� to ('jrjam 1000
y"1C1a;„l e lve,e a£h Lai t gi n asnomin0ion u a ka.a� Td
0 ,a£"1," " " ,.aaA+ e".l l" "'7" ia"7,: tki a `' ,�a¢h"- tha tuum of one,
"ifr.vsue(". for the Prn"Lpad&i,e of,
l k'/,, rura-.r';Izyt a"oi," i££t Ing,M.'t J,��£�
r, a J ""`Blr` Fort
by
Gov if nxfforeast tur tm, `(O'it y f, i Fort of Vail'
0l%,, 1.16 6%1t,`c9 al .1L Pro "rvV+dn"lo,& Ad l r,daa';s ra gp lfra ,o . 2a�,rleala
wd,� f)�.e ,a1 a ,sfi.anal. bolder ,.. toe ,r.,�nr.f so
hezeby..
It i. a hereby f:�,.,.��`�r (�! R;u�?�N!C,ai,y,�"al:�r X11�"�„fL' ..'�..r„o ,��,,,vV,.,,G G,'a6�x��;q� 'to
an , with m L h on!,. ca . ”y of a "l',rl,8,,0 L""'(1y """'We"
e"
of Imo,,,..m p fn„."'f,'„S all awk l°{,s au,fs,,,"f"lfiol!s una things requirea by n
lraa'.. laws of the SIrd:,, e of
ordinances of the City of Fort Arth precedeut to "and, In the
awsC.u,.n),«me G.w ti: bona have been donaoara h ,,pp en e d M.
have been „vr.:f o,f,mea ia proper ti?,tt.e fo T ryf% Earx
b,,5 'JAY d m;a eat all the regprea exit e a by,
°i"o e +, and s;a'ates a "i pro,. �r�xtefu"Ied
by the Issu, na e of this bon&,w s 1. f fal.1 "n1ractod,und
in rzed,mall at h, °"e ru I),s.1+ a d,9a
a lega.et, binding .r.6rd ve„lia 0 'Cn,,s City of Fort
Worth; t ;c'1 provision Me Man m de for the My and,
001laotion of a direct =VaA lax r„f,x,ari, tzs bble
if';'u the City of Fort k artVb ,,„f %ra z i ,ar1& tax kz;f,l been
lzf Nn. 6,".' 41.al ent ,.v1IXk(s,l,,t for the d ay146ah A l+kb%�`ti
principal a7ia interest of Hie bona at He 1msp r,O;,v
maturity d,..laes thereof tot l
of said 1,11 ily,in .o-u, "P ! this fool ,.,,,'on, )"a"'r O"t, �tJl l
it f ,r c oal1.� ta br part, a �a a ena e w d .ff,J f t 1 I 6w f s w
.
* N T E S,ar I M N 1 ,�1„�;�,'„ l°'„s�ryl E-.l ,l hIy of Fort W G"f 107,In
the St"te of "lxex <a s j,,,,.1
it, to Lam*f wort L;u'ed by M R yair M _,..t l rep.mr G ed by Its r.�e a s wry m.
with the o f city sad,aml
has b,r,used f8s annexed Interest o fo f�i o:,,4 to f
.s
wf.ttl fm%.l,,�IX, ll&r1'ub"dgf., ,!,uad 'a a..shf`nije ,f,,U( o7; "'la„re
City, Secretary ",,u of 7°dr!e M9aa oi' July,
..D. l92.
PM
wf,,Ih,� CITY tial r F(,'!RT
ATTEST.
'rkk cit") Frti'?""m Vr!,"wl 1't w,1�w,"t4: Of 171'e ac,
ises to pay to
., .:.,n° a the Hu�k°ov✓r„r Na.tikrkk,I i��.r� 1,;. iwaki:, City c,,
T57Ww, You:k,fo r imatere,✓ t ?im'ia y 4,)oa lts
r
r
band,d t ! y,k. .oa, am! kuui7,bek Mw'r
'THE O I J,r Y O F011 {TOR"I H , E.bV'iwl W,w:: m,.
ATTEST,
1EP "U dB ^Y:,a
,4 kALk 4r
none, l,"rf ro6wr ,,, a/6 c,a:rw k�✓��da«+�,au�nrk&:a k,A
to be ,i "ofi=so shall k»J6. o '�%a�.�.i cam. ',ttwred k,)y the
I
Jv,k"lyd 0 1 a y „,e""w r ata.k.k a x c r L nk. k x i,ik kwgµe 0r ,.�'a',
an;;,,, tAde Cir";ar of
k
Fort Wort,k oalk`U.ngk;” to 'kari:°1,e Grsu.a[d.'Iv<
of aLld indebtedness M,",,h.etb, e it'. f
or o�h um G ,d v ui` ,+ Yna,,,w ,.
?Povided,however,tiat this, requinmwin as o the 'use
tc
on .,1k'a' tkiirto, ,,.,'oaxty, uao may., '°a, r r fl l,I.: '# k k:r, ,a.W, r✓.k""w,y i"°ni(a, w
P a C::4
of ;'aa„'ne fo I �,a�;,.�f,„w.» t,4w ., w at",SIR` &lip ,r✓`4'd^�. n'Jl ���n,',�. �,a, ma „v
u r �� tea "� Lt i o'a°k:
Gal said warrants or Gkr.l uramas aG,"sr cobax iro.laiabaf o",'ia; 1,.Rao ,.,"6:1" e wI G".!es
so taken up by the bonds as er dz'L a ia, exaw o al Q
?'w",a”, to ,�,aa extinguishment aa;�M. aamLa;4a- ,�a ,�,,w�,C�rc $ii,w f,ilatarss &o :u'l"r.nadedt. here-
in, a��' alihlh
Yin, Bu It is further provided tp.,w* tht, lhl: .Lar,ra r,,
al„saaak a
e)r sraaa, a,n,ae of k'°Yum ' be "7" Rfk:;;Y"orjg„ ,,er ,p :fa
to all the rights and remedies axe bald-.r (aa !aa^.4.de,,'r a of
the debt tr: b,a",,,,, f I",dier%
That for 7s"vµ`Twd"y.F lad«Wi%a' o J are u„°at i asrr'". n^.a, inkl ag,
1aaa;:y, for the rand a;N as F'a"" Rrc�' 61ut:°"lMgm of hh., :&`o R '" ''in
'bonded debt,prinalpal mraa na° e°est,,a.naa al.l every
of same,there Is hereby la»Y'i ti"a ��,a t aaexe a”ta "I. be assessed
and as^a.a laaa” kid 6,az !,r.aaa'a'N"" dud by law,an annual a"a ra,eat,alrtip.w"cial
t W ro t r for „^w lip �u a.n""P it � M a� r rv,or,
ad '�'�ss��a'a�„ aaa � ��a "aa, � „� a,wR,�aaaaaa,a"afn +WY's ata`�,� aaaalaaes-aV
year bh3 a ""tfter during in h � 'life of
any t•f"a^,Fat. N k; of f ��. Ik�� a Y a"aLt aM( ." s';}.a a' amount
as may be :V"ec h°aaa r„va„y aa.ad i hbr a „a "�^'a�i”" It na,",a a". o',"," ron"wawa) 01a,
every
rea.l,,pc."a.laaa:°ar,a„. aa"}.,r 4ai ,.ia:9 �r aa,&i:a"ca��. a�:"" '
therefrom by the Cons titfft':iuon a, 's,. .l..t,lm?'a of the «t (',,,a rc0 .:f"
Texas,situated ,'r,a: a a$sa C�Ity r ai Fo'et 4n?4aa°. Za a".laa
taaiw' :first day of �a.lka tau"-t d„"'�.0 v"n�a f":ai�,r� of i
c ,nua.ry„4aa ena a arr e ax there,,,,, ter "la,"aC il, as s, ' (1w�'b a ep""a."e—
sa NCatuar<a by said bonds ds Pand waaau'pon tRitooraRamh notea 6 a oa,'l
sly"id._
SECTION c as a,w ,
� ,
'�°�a?a il"a ,�"�"o a.Jlu s;wu���, E " s�,:f.rf aaa t"R of the a9,ta
Commissioners of ne 'a""i.ty of laaaCoa�aao- �aa��'aLw, ., „� ,. i'a na'?;aaGNa4at„✓;kk'aar"s
?'.li„1 "^a G'''.l a e a iwwn., of the of a6%;a" a""i"tu Vii" of Fort
V uY`thu,in levying taxes , a-.a` L�a arty raa ,'aur,'jpiases 1' .:taiaaa City
of Fort Worth for U," yM1`W"a ��.,a�; Sao"a for every, vaaocaw zive
year auxing the life of N,a wd, d, du.w b�t t,a.di„a
r' j
to include 1. ra'9!�"aaiwk ,aav�, t�w,w 'a°.„a"r'iask. �»-a.,x of " s
&C
,m C
L
" Y x k.i, 1 i;.o A. 0 71.'zf..1 LM F A .i„+b„'w LUTURITY
O 8 I�M^i%w,, M July. 1,d.1 %, �.rr�.,¢0. „o-0 88000,M) M+J�nrsa..ft Y L,Y�1 Wd dwp3
R to .� Lim Jul ` 1,180, �1 0 0;. 0 ''+� m�NI�Md,y9�Im,;� a�a;7»ta7 "L,; "a'a,4
L '426 ISM;;` P 1 �',1000.00 "'50 ,�`"'�," 1,..�
� tom, � �� � r 1086"'o. �
G J / , �
p
1 r��1101010.010 J"Lxly 1,1128
5;i �ti(�f Be July 1,1 r a coo:0 p°1 11000.00 R 92 w;J
69 to 80 My ,1,1222 1 m u.00 M6 1112 f"')00m; Ju l 1"1", 0
81 t%. 92 MY 1,1U2, r„:1 V: a, 12000.00 °n ,„� �w L'�,M 1
aff3 �„o:o d4,��„k5 �0 July 1 y 1 w,n6 1 �r(��yk.IMl w�i0:' 0 1 ,�„6„OM f3 �J *^��,�;�1,"/ I .�I�..
(1"�,I�. .L a pA 118” July wr 1.� .2 1I M% �mJ,.( 11, of")Lr.(p�a isk'f6a,m��L y;.:m0.'�w�,v.rt 15,
18 o Ib w`�2n July aM � a 0 a.0 / t°: p) L a M ' r
133 1 14TR July f a w4922 If 1 00.0°.„k Rom,f.r' ”C)c Y 1,1 4-,13 e
148 to ryry1'M 3N� July �w,»� at �J p P1 1P000.0,4 i OL ,J„,a1636
164 r ',MR 1 L 1 � a,�l, 1,,. 2,192z”, 0:00,x,R,"�,.
10000.00
� I0. . �0 „ L "x.163 X
t p . .Li b L „ k � 7 000.J^q ,
l'7 t o July 1,1621 jft 1. ,rll1 ',.F rRw2 a'00 <i iw ,q 11,1939
215 tc 23311 July 1,110 4 i J(a
234 to 2530
Ju w y 1,102 ^k ! s 0 1 � C; 1 d 4 �w
254 to 2740 Y 1, 19 w'
E100,J ��,F,�t
p, y� !pd k
275 t plwr n«1��." July Yry ,182 ,;I,., .apW ra M,n%aw�� :1«YRw1��'m+T�m�;M�Y�(4J�! w„«�"t.�„ nl w!p. ,25
ry 97 to T"dy• I, n ',' I' w' pVw%,* p o 23000.00 My MG'S ,1944
520 to 4,`Al a �w.f. ,,. J .w .a� '"wM"rr rs c Z6000.00 1�"r�✓� 1,046
344 c 388n J„"El Y 1 10, 11000.00 a n�.p ,r 0(nn(n 0 0 M1'(✓l y I-.'I w"r4 6
p. ' ;
P
l s 424 , 1,2020 %, A' W'U ,1948,
R 4 to � rr0 July 1,161;& � : v � w m,L'
^ to 4231, f� L � � x �), ', d y fi 5
4 to 61 5" -hay b �r
...
1 r a ,2 61003.00
µ . ;1�03 w 0 W000.00
uP.k(wd aJ »� "y�(<
�M'L»dI
' � 9M a a l 11000.05 34 a0r
US 0 bp 5850 ^ "1F I aLf 00. d W000.00 Jay
"%a laR6 o 6230 July 1,102 % v 380e0.00 July L y,
24 to 6828 N 1 J Y L ti r k [ 32000.O'C', u ✓r a L p,l,✓1 L ba
nil�n n
,
»�,,1 5
M ze 711" MY I loco.0o b A 10j" . ai Ju,I y 1,1958
714 to 747" J ly J 1622" h a .®cc 44000. r mt l y 1,I'
748 to 3" 1 �J ,��L' ' Y1 01C 0.00
784 i4 M. ""Na
42 t a MY Jul Y 1,19lH r,. 110 00nry C) Moo 00. „R''a y ��16 p„�.rvJalpy,t
862 to 814” 'My 1,2953 11000,.00 :, rm( jo,""'Ly 1&11 61
945 to I4r,R'4di'„P Jul Y 1 y LSSE 11000.DID 5 6 0 ImYCL 00 Jul✓Y 1,542
P.G.
tion(ox so Munh toeroul wf'i """s""'.Y tle nsoessao!y)
grovidad for in t& z"=It, soctiorl Vviz,
ordinanue,amo such speolal t. �t KaW.
a;ever
SECT13K 7.
Thut thu as peal,
for,when collectaa,shall bo In
fixrv,"IL �/�/ind shall bz Lovatza the �pu� te 1 atexast
and the extinguishount of" t"kit", o,�,' tho Unds
h ainabove mentionea,am'.,. B,/,,/,,,�,,,,f,,,,,,�!.it:�„-,,,,,, 01”
divartau to any atner purywe = WI ,at whatsoever.
SECTION S.
ai"a i,,,z, convenient after Ad fuza.
woe!
bande shah have br,-';a'r1
msnnar prescribed by this
to the Attorney General of the
r,Ith a certified oopy of U1,,','; a, of
bonds heraln ann hereby, 1;a"""'."' also
of the tax9ble property b"is
of t'j,f lo a,t e,
a t" e 'V/""��d i�i i t f a am e a nd, ;t 6J a la e�in
to thm validity of a",,/",A",",,', I :be
lodged with the State Camptrollac ka registration.
section 9.
That tf,,iAs art,,iinanoe tFjJr,,,s off aot aunx be
in foroo frotl
0
AW101,