Res 267 12/27/1954RESOLUTION NO. 267
RESOLUTION CANVASSING RETURNS AND
DECLARING RESULTS OF BOND ELECTION
THE STATE OF TEXAS 1
COUNTY OF WICHITA 1
The Board of Aldermen of the City of Wichita Falls,
Texas, convened in regular session at the regular meeting
place within said City on the 27th day of December,
1954, with the following members present, to-wit:
Lloyd C. Thomas Mayor
Dr. E. A. Cox Alderman
R. P. Willis Alderman
Jack Hammond Alderman
Elie Lam Alderman
Bailey Meissner Alderman
E. Liepold Alderman
Geo. T. Henderson City Clerk
and the following members absent, to-wit: None
when the following business was transacted:
The Mayor introduced a resolution which was read in
full. Alderman Elie Lam made a motion that the
resolution be adopted as read. The motion was seconded by
Alderman Bailey Meissner , and was adopted by the following
vote: YEAS: Aldermen Cox, Willis, Hammond, Lam, Meissner,
and Liepold. NAYS: None. The Mayor requested to be recorded
as voting 'Yea. ' The resolution thus adopted follows:
RESOLUTION CANVASSING RETURNS AND DECLARING
RESULTS OF THE BOND ELECTION HELD IN THE CITY
OF WICHITA FALLS, TEXAS, ON THE 14TH DAY OF
DECEMBER, 1954; AND DECLARING AN EMERGENCY
WHEREAS, there was held in the City of Wichita Falls,
Texas, on the 14th day of December, 1954, an election at
which was submitted to the duly qualified resident electors
of said City who own taxable property within said City and
who had duly rendered the same for taxation, for their
action thereupon, the following proposition, to-wit:
PROPOSITION
SHALL THE BOARD OF ALDERMEN OF THE CITY OF WICHITA
FALLS, TEXAS, BE AUTHORIZED TO ISSUE THE BONDS OF
SAID CITY IN THE AMOUNT OF THREE MILLION DOLLARS
3,000,000) , MATURING SERIALLY WITHIN THIRTY-FIVE
YEARS FROM THEIR DATE OR DATES, BEARING INTEREST
AT THE RATE NOT EXCEEDING FOUR PER CENT (4%) PER
ANNUM, FOR THE PURPOSE OF CONSTRUCTING IMPROVEMENTS
AND EXTENSIONS TO THE CITY'S EXISTING WATERWORKS
SYSTEM, AND TO LEVY TAXES UPON ALL TAXABLE PROPERTY
WITHIN SAID CITY ANNUALLY SUFFICIENT TO PAY THE
INTEREST ON SAID BONDS AS IT ACCRUES AND TO CREATE A
SINKING FUND TO PAY THE PRINCIPAL OF SAID BONDS AS
IT MATURES?
WHEREAS, there were cast at said election 3264 votes,
of which number there were cast:
FOR THE ISSUANCE OF WATERWORKS SYSTEM BONDS 2573 votes
AGAINST THE ISSUANCE OF WATERWORKS SYSTEM
BONDS 662
votes
MAJORITY FOR THE ISSUANCE OF WATERWORKS
SYSTEM BONDS 1917 votes
as shown in the official election returns heretofore sub-
mitted to this Board of Aldermen and filed with the City
Clerk; THEREFORE
BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY
OF WICHITA FALLS, TEXAS:
Section 1: That said election was duly called and
notice thereof given in accordance with law; that said election
was held in the manner required by law; that only duly
qualified resident electors of said City who own taxable
property within said City and who had duly rendered the same
r
for taxation voted at said election; that said election has
resulted favorably to the issuance of the bonds described
in the proposition; and that a majority of the qualified
voters voting at said election have voted in favor of the
issuance of said bonds.
Section 2:That the Board of Aldermen is authorized
to issue said bonds and to do any and all things necessary
and convenient therewith.
Section 3:That the need for the waterworks
improvements and extensions to be accomplished by the issuance
of said bonds is urgent for the prevention of disease and
to afford adequate service for the inhabitants of the City
of Wichita Falls, and because of these facts the Board of
Aldermen hereby declares that this resolution constitutes an
emergency measure on the ground of urgent public need for
the preservation of the peace, health, and safety of citizens
and property of the City, and this resolution shall take
effect and be in force from and after its adoption.
PASSED AND APPROVED this 27th day of December, 1954.
yo j! City of Wichita Falls,
ATT : Texas
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City Clerk
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