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Res 334 9/8/19584 THE STATE OF TEXAS COUNTY OF WICHITA CITY OF WICHITA FALLS -3 On this the day of September, 1958, the Board Qf Aldermen of the City of Wichita. Falls, Texas, convened in " regular meeting, at the regular meeting place, with the following members present, to -wit: K. C. Spell, Mayor, Bill G. Dale, Dr. J. D. Hall, Milam J. Vaughan, Joe B. Meissner, Jr., Bill Thacker, Stayton M. Bonner, Aldermen, Geo. T. Henderson, City Clerk, with the following absent: Lone , constituting a quorum, at which time the following proceedings were had: Alderman Vaugli� introduced a resolution and moved that it be adopted. The motion was seconded by Alderman Meissner The motion carrying with it the adoption of the resolution prevailed by the following vote: YEAS: Aldermen Hale, Hall, Vaughan, Meissner, Thacker and Bonner and Mayor Spell. NAYS: None. The resolution as adopted is as follows: RESOLUT1oN No. 334 BY THE BOARD OF ALDERMEN OF THE CITY OF WICHITA FALLS, TEXAS, CANVASSING RETURNS AND DECLARING RESULTS OF AN ELECTION ON THE PROPOSITIONS OF AUTHORIZING THE EX- ECUTION OF A WATER SUPPLY CONTRACT WITH WICHITA COUNTY WATER CONTROL AND IMIEOVE- NOT DISTRICT NO. 1 AND THE ISSUANCE OF $2,700,000-00 OF WATERWORN IMPROVEMENT BONDS AND THE LEVY OF A TAX IN PAYMENT OF SUCH BONDS. WHEREAS, heretofore on the 11th day of August, 1958, the Board of Aldermen of the City of Wichita Falls, Texas, adopted a resolution calling an election to be held in said City on the 5th day of September, 1958, on the following propositions: ; and PROPOSITION NO. 1 "Shall the Board of Aldermen of the City of Wichita Falls, Texas, be authorized to enter into a con - tract with Wichita. County Water Control and Improvement District No. 1 for the purpose of supplying water to said Cite- as authorized by Chapter 342, Acts of the Fifty First Legislature of Texas, and other applicable laws?" PROPOSITION NO. 2 "Shall the Board of Aldermen of the City of Wichita Falls, Texas, be authorized to issue the bonds of said City in the sum of $2,700,000.00, maturing serially in such installments as may be fixed by the Board of Aldermen, the maximum maturity being not more than Thirty (30) years from their date, bearing interest at a rate not to exceed Four and one-half (421%) per cent per annum, and to levy a tax sufficient to pay interest as it.accrues and principal as it matures on said issue of bonds, for the purpose of constructing water filtration facilities and improving the waterworks system of the City, as authorized by the Constitution and laws of the State of Texas. " WHEREAS, said election, was duly and legally held at the time and places specified after due notice as required by law had been given by posting and publication; and WHEREAS, there were cast a.t said election the following Votes: PROPOSITION NO. 1 "FOR THE WATER CONTRACT" 4086 Votes; "AGAINST THE WATER CONTRACT" 5268 Votes. PROPOSITION NO. 2 it FOR THE ISSUANCE OF WATERWORKS IMPROVE- MENT BONDS" 5444 Votes; "AGAINST THE ISSUANCE OF WATERWORKS IM- PROVEMENT BONDS °' 3M Votes, as is reflected in the election returns heretofore filed with the City Clerk; and J WHEREAS, only qualified taxpaying voters owning taxable property in said City and who had duly rendered their property for taxation were allowed to vote; BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY OF WICHITA FALLS, TEXAS: 1. That said election was duly called; that notice was given in accordance with law and in accordance with the resolution calling the election; that the election was held in accordance with law; that the returns of said election have been made by the proper officers; that a majority of the qualified voters who own taxable property in said City and who have duly rendered the same for taxation voting at said election have not voted in favor of the water contract but have voted in favor of the issuance of said bonds. 2. That the Board of Aldermen is not authorized to execute the water supply contract but is authorized to issue said bonds and to do any and all things necessary or convenient in connection therewith. 'r a ADOPTED AND APPROVED this the Yr day of September, 1958. ZL Mayors City of c ita a ls, Texas. City/Clerk, City of Wich�ta Falls, Texas. T THE STATE OF TEXAS COUNTY OF WICHITA CITY OF WICHITA FADS P I, the undersigned, City Clerk of the City of Wichita Falls, Texas, do hereby certify that the above and foregoing is a true, full and correct copy of a. resolution adopted by the Board of Aldermen of the City of ichita Falls, Texas, (and of the minutes pertaining thereto) on the 8th day of September, 1958, canvassing returns and declaring results of an election on the propositions of authorizing the execution of a water supply contract with Wichita County Water Control and Improvement District No. 1 and the issuance of $2,700,000.00 of Waterworks Improvement Bonds, which resolution is of record in the minutes of said Board of Aldermen. EXECUTED UNDER MY HAND and seal of said City, this the 9th day of September, 1958. Ci y Clerk, City of Wi hite Falls, Texas. (SEAL)