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HomeMy WebLinkAboutOrdinance 1723 ORDINANCE N0. 1723 AN ORDINANCE PROVIDING FOR TER S MISSION TO THE RESIDENT gJALIFIED TAX PAYING VOTERS IN THE CITY OF FORT WORTH, ZMW, PROPOSITIONS FOR THE ISSUANCE OF NEGOTIART COUPON BONDS OF SAID CITY IN TSE AGGREGATE SUM OF TERSE HUNDRED FIFTY THOUSAND ($350,'000.00) DOLLARS, FOR THE PURPOSE OF ESTABLISHING, EQJIPPING AND D EROVING A MUNICIPAL AIRPORT AND LANDING FIELD FOR ALROPLAMS AND OTHER AERIAL MACHINES AND AC CUIRDO THE I4ECESSARY LANDS AND PROPERTY THEREFOR,, AND CONSTRUCTING, BUIIDING AND EWIPPING A NEW CENTRAL POLICE STATION AIM JAIL AND ACVIRIM THE NECESSARY LANDS AND PROPERTY THEREFOR; SAID BONDS TO BE IN SUCH DENOMaTA- TION AS MAY BE DSTMINED BY THE CITY COUNCIL, MATURING FROM FIVE (5) M FORTY (40) YEARS FROM THE DATE THEREOF, IMARING INTEREST FROM TEE DATE THEREOF AT A RATE NOT TO EXCEED FIDS (5%) PER CENT PER ANNUM, PAYABLE SISI--ANNUALLY, EXPRESSED IN COUPON NOTES ATTACH® TO THE BONDS; CALLING AN EJECTION FOR ME PURPOSE 75 BE HELD IN THE CITY OF FORT WORTH, =XAS, ON TUESDAY, THE 21ST DAY OF JULY, A. D. 1931. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH: SECTION I. That an election be held in the City of Fort Worth, Texas, on Tuesday, the 21st day of duly, A. D. 1931, at the polling places hereinafter mentioned, between the hours as provided by the General Laws of the State of Texas, at which election the following proposi- tions for the issuance of bonds for the City of Fort Worth shall be submitted to the resident qualified tax paying voters of said City therein: I. Shall the City of Fort Worth, through its City Council, issue its negotiable coupon bonds, running from five (5) to forty (40) years, in the principal sum of One Hundred Thousand ($1,- 000.00) Dollars, for the purpose of establishing, equipping, extend- ing and improving a municipal airport and landing field for aero- planes and other aerial machines and acquiring the necessary lands and property therefor, the first of said bonds being payable at the expiration of five (5) years from the date thereof, and serially thereafter as may be detemnined by the said 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 exceed five (5%) 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 there- of? II• Shall the City of Fart Worth, through its City Council, issue its negotiable coupon bonds, running from five (5) to forty (40) years, in the principal sum of Two Hundred Fifty Thousand ($250,000.00) Dollars, for the purpose of constructing, bailding and equipping a now central police station and jail and acquiring the necessary ]ands and property therefor, the first of said bonds being payable at the expira- tion of five (5) years from the date thereof, and serially thereafter as may be detezzined by the said City Council, so that the last matur- ing bonds shall become payable within fbrty (40) years fran the date thereof, bearing interest at a rate not to exceed five (5%) per cent per annum from the date thereof, payable semi-annually and levy a suf- ficient tax to pay the interest on said bonds and create a sinking fund sufficient to redeem said bonds at the me.turity thereof? SECTION II. That the polling places and presiding officers of said elec- tion shall be respectively as follow: WARD PRECINCT VOTIM PLACE & PflESIDIWI LOQ.�OIi 3 . 1 1 Fire Hall - 2nd do Commerce Streets Mrs* Le B. Utter 2-1S 55 Basement First Christian Church 6th & Throekmorton A. D. Johnson 2-N 2 West End Courthouse - Basement E. W. Proving 3-.E 56 Fire Hall - 1401 Kennedy S. J. Miller 3-T 3 Fire Hall - 16th do Jones W. E. Hood WARD PRECINCT VOTING PLACE & PRE9IDIAG LWATION 3M(Z 4-2 4 Central Fire Hall - Texas & Cherry R. C. Fuller 4-W 57 Rotary Park - 7th & Summit 8. B. Randle 5..E 58 Bessie Street Pharmacy 1001 Bessie Street Mrs. A. D. Rickard 5-W 5 Wolf Grocery &Market 700 Missouri Avenue H. R. Ziamsrman 6-W 54 Lemondta Hospital Pharmacy 1406 Pennsylvania Avenue A. N. Dans 6-0 53 Fire Hall - Fulton & Peteratmith T. L. Bogle 8-3 6 Fire Hall - Tracker & Bryan Miss Ella BidekEor 7-NW 7 Barger Furniture Company 1115 S. Main Street J. Pe Wear 7-SW 84 Geo. Williams Grocery 402 W. Richmond Avenue Mrs. Sam Dennis 7-SE 79 Worth Drug, Store 2300 Evans Avenue Mrs. (). E. Dinkins 7-NE 59 Police Station 3.101 Missouri Avenue W. A. Redford 7-1 73 Fire Hall - New York & Maddox Mrs. Frank Holtzhauzer 7-8 89 Residence J. R. Black - 957 Mulkey Avenue J. R. Black 8-NE 8 Frank Williams Cafeteria 1000 W. Magnolia, Avenue Z. S. Ratliff 8-83 71 Gaither's Drug Store 1801 College Avenue Mrs. Z. L. Raynor 8-S 96 Hazlewood Drug Store - 2001 6th Avenue Mrs. Hugh Sloan 8-W 60 Cowell•s Florist Shop 1626 Fifth Avenue lira. R. W. wheeler 8-NW 70 Cyrus Drug Store 1314 Magnolia Avenue L. F. Perkins 9-$ 61 Fire Hell - Peach Street Miss Lela Walker 9-W 9 East End Courthouse - Basement Mrs. Christine Duncan 10-SW 97 Baird Service Station 3100 Willing Avenue J. R. Francisco 10-M 78 Servioe Drug Store 5101 Hemphill Street Mrs. 7. W. Haff iugton 10-0 77 Fire Hall - 2800 Lipscomb J. J. Ray WARD PRECINCT VOTING PIACS & PRESIDING LOCATION J D(z 10-N 62 3tewart•s Drug Store 2425 Heuphill Street Mrs. W. K. Rose 11-z 48 Fire Hall - 12th & N. Main Sts. K. Roby 11-W 67 McIntosh Drug Store 710 We Central Avenue W. 0. Bellamy ll-NW 87 Fire Hall - 18th & Belmont J. R. Goff 12-W 68 Trinity Methodist Church - 25th & Azle Avenue C. P. Martin 12-C 92 George's Plumbing Company 808 W. 25th Street J. W. Vaughn 12-B 49 0. Be Kimons Furniture Company 124 W. Exchange Avenue Mrs. Russell Babcock 13-N 10 Fire Hall - 1501 S. Hattie Mrs. I. M. Boyd 13-C 80 Ferguson's Reliable Mattress Factory - 1900 Vickery Mrs. R. S. Evans 13-8 90 J. E. Dalton Grocery 1348 S. Ricbmond Avenue R. H. Dodd 14-S 81 Fire Hall - University & Berry St. J. W. Ballard 14-6 95 Renfro Drug Store #16 - 2200 Forest Park Boulevard W. A. Arnold 15-S 15 Keener Drug Store 3528 Curzon. Street Matt Attwood 15-N 64 National Cleaners &Dyers - 3201-B - W. 7th Street Mrs. L. Leroy Burton 16-W 94 Ar lingtou Hefts Phcy. 4702 Bryce Avenue Mrs. L. A. Brawn 16-0 86 Fire Hall - Caap Bowie & Carlton Mrs. Me A. Elliott 1" 16 Hillarest Service Station 4101 Camp Bowie Boulevard D. W. Evans 16-a 103 Baptist Temple - 3736 Camp Bowie Boulevard W. B. Renfro 17 17 Vane's Stare 2716 Azle Avenue Mrs. C. W. Vance 18 51 Diamond Hill School - East Bldg. Mrs. J. A. Stephenson 19-8 19 Odd Follow Hall Sylvania Avenue Mrse, Owen Brown 19-9 82 Fire Hall - Riverside F. J. Albrecht WARD PRECINCT VOTING PLACE & PRESIDING LOCATION Ma 19-N 101 Oakhnrat Baptist Church Sylvania Avenue J.T. Srrley 20 66 Stop Three Pharmacy 2639 Dallas Pike Lewis H. Tandy 21-E 11 Fire Hall - Vaughn Street Mrs. B. L• Hooker 21-W 75 Polytechnic Drug Store 800 Nashville Avenue T. M. Lanham 22-V 74 Residence Mrs. Pearl Hodges 3316 Millett Mrs,, Pearl Hodges 2" 98 Stare Building - 3401 Willett T. M.Hard 23-5 14 Nhi.tley's Drug Stare 3900 Hemphill Street 8, T. Jenkins 23-W 85 Seminarq Filling Station 1701 Gembrell Street L. M. Tones 24 76 Saam Apartment Building 212".i:Mistletoe Boulevard H. H. Marks 25 50 Bsmiltonts Grocery 3121 N. Houston Street Mrs. F. P. Carson 26 91 Lacyto Lake Side Inn Lake Worth T. B. Lacy 27-N 105 Fire Hall - Oakland &Meadowbrook Drive 5. A. Baldridge 27-5 88 Residence T. G- Reeves 4310 Preston MTs. T. G. Reeves 28 83 Mathews Gro oery 3201 Hard eman C. E. Taco SECTION III. That said election shall be held under the provisions of the Charter of the City of Fort Worth, Texas, the Constitution and Laws of said State, insofar as sane may be applicable and resident qualified property tax paying voters in said City shall be allowed to vote upon said propositions. SECTION IV. Each proposition for the issuance of said bonds shall be separately stated so that the voters shall pass upon each one separately and apart from the others. All voters who favor the proposition to Issue airport bonds shall have written or printed upon their ballots, the words: "For the issuance of airport bonds", and those opposed shall have written or printed upon their ballots, the words: "Against the issuance of airport bonds". 111 voters who favor the proposition to issue ,Me police station and jail bonds shall helve written or printed upon their ballots, the wards: "For the issuance of police station and jail bonds", and those opposed shall have written or printed upon their ballots, the words: "Against the issuance of police station and jail bonds". SECTION T. The way and manner of holding this special election, the notice to be given therefor, the polling places, the personnel of the officers who are to told the same, and all details in. 00nnection with the holding of the election shall be determined and arranged by the City Council and proper notice of such matters shall be given in a proclamation by the Mayor. SECTION We That the Secretary Treasurer is hereby ordered and directed to prepare ballots and stamp same "Official Ballot", on which ballots shall be printed the propositions as have been set forth hereinbeforre. SIM70N VII. That all of said bonds shall be in such denomination as may be determined by the City Council and shall mature serially, beginning at the ezpiration of five years and mature in the regular order in which they are numbered; making the last bonds mature within forty (40) years frcm the date thereof, unless the City Council, in the ex- ercise of its discretion shall otherwise provide for such maturity and said bonds shall be so]d at not less than par, and shall bear interest at a rate not to exceed five (5%) per cent per annum, pay- able semi-asmually. SECTION vIII. That the Secretary-Treasurer shall furnish said ballots to the election officials, together with any other forms or blanks in accordance with the Charter of the City of Fort Worth and the Laws of the State of Texas, insofar as same are applicable. SECTION IE. A copy of this ordinance, signed by the Mayor of the City of Fort Worth, Texas, and attested by the City Secretary-Treasurer, shall serve as a proper notice of said election. SECTION S. The Secretary-Treasurer is hereby authorized and directed to cause said notice of the election to be posted up at each election precinct at least thirty clays before the date of said election* SECTION no The Secretary-Treasurer is further authorized and directed to cause said notice of the election to be published in some thily newspaper of general circulation once each week for four weeks prior to the date of said election. SECTION XII• The holding or adjudication of any section, portion, or part hereof, to be invalid shell not affect the validity of any section, portion or part of this ordinance, but all such other sections, por- tions and parts bersof shall be and remain valid. SECTION XIII. This Ordinanoe shall take effect and be in full force and effect from abd after the date of its passage, and it is so ordained. ATTEST: mayor City Secretary-Treasurer A795 'N FCQZTut: Rt4atznL City Attorney At a regular meeting of the City Council: of the City of Fort Worth, held in the Council Chamber at the City Hall in said City on Wednesday, the 17th day of June, A. D. 1931, at which meet- ing were present William Bryce, Mayor, Willard Burton, A. L. Thomas, Van Zandt Jarvis, S. T. Renfro, Dr. W. R. Thompson and John B. Davis, City Councilman, constituting a quorum and majority of said Board and I. L. Van Zandt, Jr., City Secretary-Treasurer, was in attendance at said meeting and the following proceedings, among other thing, were had and done: Councilman Burton, seconded by Councilman Thomas, roared the adoption of the following Resolution: REXLUTION THAT WPSRW, moneys are needed for establishing, equipp- ing and improving a municipal airport and landing field for aero- planes and other aerial machines and for constructing, building and equipping a new central police station and jail so as to make said improvements adequate to the growing needs of the expanding popula- tion of said City; and, WHIREAS, the City Council of said City deem it necessary and expedient under the poorer and authority vested in said City Council by the Charter of the City of Fort Worth and the Laws of the State of Texas, to leans bonds of said City for the purposes as hereinafter specified and set out; and, SAS, before said bonds can be issued or boded debt created, authority therefor must first be submitted to the resident qualified tax paying voters of said City; NOW, THUMFORE, HE IT RESOLVED BY THE CITY OOUNCIL OF TEEE CITY OF FORT WORTH: That there be submitted at an election to be held in the City of Fort Worth, Texas, on Tuesday, the 21st day of Jhl.y, A. D. 1931, to the resident qualified tax paying voters of said City, the following propositions for the issuance of bonds of the government of the City of Fort Worth, Texas, to-wit: 19 Shall the City of Fort {Porth, through its City Council, issue its negotiable coupon bonds, running from five (5) to forty (40) years, in the principal sum of One Hundred Thousand ($100,000.00) Dollars, for the purpose of establishing, equipping, extending and Improving a municipal airport and landing field for aeroplanes and other aerial machines and acquiring the necessary lands and property therefor, the first of said bonds being payable at the expiration of five (5) years from the date thereof, and serially thereafter as may be determined by the said City Council, so that the last maturing bonds shall booms payable within forty (40) years from the date thereof, bearing interest at a rate not to exceed five (5%) 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 sink- ing fund sufficient is redeem said bonds at the maturity thereof? n. Shall the City of Fart Worth, through its City Council, issue its negotiable coupon bonds, running from five (5) to forty (40) years, in the principal sum of Two Hundred Fifty Thousand ($8500000.00) Dollars, for the purpose of constructing, building and equipping a new central police station and jail and acquiring the necessary lands and property therefor: , the first of said bonds being payable at the expiration of fire (5) years from the date thereof, and serially thereafter as may be determined by the said City Council, so that the last maturing bonds shall booms payable within forty (40) years from the date thereof, bearing interest at a rate not to exceed five (5%) 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 re- deem said bods at the maturity thereof? And the M&yor, William Bryce, presiding at said meeting, having put the motion to adopt said Resolution to the City Council, then and thereupon Councilman Burton, Thome, Jarvis, Renfro, Thow- eon, Davis and Mayor Bryce, voted "aye" thereon and none voted "no", whereupon said Resolution was declared to be unanimously passed and adopted. Immediately following the adoption of said Resolution, Councilman Burton, seconded by Councilman Thos, moved the adoption of the following Ordinance: