Res 220 9/8/19521142
RBSOIITION NO. '
BE IT 2,BSOLNED BY TIES BOLL) OF ;IDEE-J'EN OF THE CITY OF 7:1CHTTA FILI6, TS:
Ilill-LEA3, the City has heretofore issued certain time -:rarrants against
anticipated revenues, said -L-arrants being nos. 1, 2, 3 and 4, totaling an -imount
of :;214..,000.00, and,
N'n7EN3 such anticipated revenues having failed to r,laterialize on or
before the due date of such time ni-arn--Jnts, and,
771.1EETI:,E it is mutually desirable that said vrarrants be extended to
L,--vember 15, 1952, the same to bear the same rate of interest and on the same
terpas and conditions as originally issued;
7:•Ohi-, TI-EF,EFORB, B IT RB3OLVED that the City. Lanager is hereby authorized
to enter into a contract extending the due date of the above numbered time
CA4a-at-
narrants toANovamber 15, 1952, such contract to be negotiated with the City
National Bank, 7,7ichit a Falls, Texas, the o:ner and holder of such ii,-arnints,
c...4) .6,44
and the same are to be paid or- November 15, 1952 under the same terms and
conditions as originally issued except for the new due date.
1" 31.1D XNB 'n72a0VC7i this Eth day of Ieptember, .N.:. 1952.
TTEST:
410,
Cit7-
7...e.4.
y Clerk