Ord 2269 10/10/1966 ORDINANCE NO. ®20:2 6 y
AN ORDINANCE PROVIDING A TEMPORARY LOAN OF
SEVENTY SIX THOUSAND EIGHT HUNDRED DOLLARS .
WHEREAS, the City of Wichita Falls has heretofore
executed a promissory note dated November 9th, 1965, in
the principle sum of One Hundred Two Thousand Four Hun-
dred Dollars ($102, 400.00) , payable to the order of the
First-Wichita National Bank, which represented part of
the sum loaned to the Board of Managers of the Wichita
General Hospital to be used to purchase a nurse call
system for said hospital; and,
WHEREAS, the balance due on this loan as of its
maturity date is Seventy Six Thousand Eight Hundred Dol-
lars ($76, 800 .00) , and it is deemed advisable to make
a new temporary loan from said bank for that amount,
which will be payable on or before September 30th, 1967 .
NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF
ALDERMEN OF THE CITY OF WICHITA FALLS, TEXAS, THAT:
SECTION 1. That the City be authorized to make
this temporary loan, and that the Mayor be authorized
to execute a promissory note in the sum of Seventy Six
Thousand Eight Hundred Dollars ($76, 800 .00) , which shall
be payable not later than September 30th, 1967 . Said
note shall be given to the bank to renew the balance
due on the above mentioned note, which was dated Novem-
ber 9th, 1965.
t
SECTION 2. In conformity with Section 100 of the
Charter of the City of Wichita Falls, Texas, public
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notice is hereby given that the Board of Aldermen may take
final action on this ordinance two weeks hereafter, and
this ordinance is introduced this the&e12 day of Septem-
ber, 1966.
This ordinance having been introduced on the dotk
day of September, 1966, at which time public notice of
such ordinance was given, this ordinance is finally passed
and approved this the Mai day of , 1966.
M A Y O R
A T T E S T:
City Clerk