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Res 310 7/8/1957Ij P THE STATE OF TEXAS COUNTY WICHITA CITY OF WICHITA FAILS Can this the $t day of 1957, the Board of Aldermen of the City of Wichita Falls, Texas, convened in Regular meeting, t the regular meeting place, with the follow- ing members present, to-wit: K. C. Spell, zrercwezzioxf Dir. J. B. Bali, Staytcn M. Bonner, Aldermen, Tom C. Foley, Avery Mitchell, J. B. Jarrett, Geo. T. Henderson, City Clerk, s with the following absent: Bill G. Hale constituting a quorum, at which time the following proceedings were had Al.c erm :n J. B. Jarratt introduced a resolution and moved that it be adopted. The motion was seconded by Alderman Avery Mitchell The motion carrying with it the adoption of the resolution prevailed by the following vote: YEAS: Aldermen Hall, Bonner, Fraley, Mitchell and Jarrett and Mayor.Jpell. NAYS: .Novae: The resolution as adopted Is as follows: i; RESOLUTION NO. 310 BY THE BOARD OF ALDERMEN OF TIE CITY OF WICHITA FALLS, TEXAS, CANVASSING RETORT AID DEC LPR III s RESULTSULT Ox AN ELECTION ON TJfl' QUESTION OF TBE ISSUANCE OF $500,000.00 SEWER IMPROVEMENT AND EXTENSION BONDS. WHi EAS, heretofore on the 11th day of June, 1957, the Board of Aldermen of the City of Wichita Falls, Tcxaa, adopted a resolution callings an election to be held in said City on the 29th day of June, 195 7, on iE II the following proposition: Shall the Board of Aldermen of the City of Wichita F lls, Texas, be authorized to issue the bonds of said City in the s= of $500,000.00, maturing serially in such install- manta 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 Five (5%) 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 improving and extending the City's 4 sanitary sewer system, as authorized by the Constitution and laws of the State of Texas." and umnE,,s, said election was duly held at the time and place specified after due notice as required by law had been given by pouting and publication; and WINBEAS„ there were cast at said election the following votes: FOR THE ISSUANCE OF SEWER DTROVETIENT AND 787 EXTENSION BONDS" Votes; tAC!INS TNE MUM= OF SEWER IMPROVEMENT AND EXTENSION BONDS" 775 Votes, as Is reflected in the election returns heretofore filed with the City Clerk; and WMREAS„ 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 TTh BOARD OF ALDERPEN OF THE CITY OF WICHITA rAus, TEXAS: l. That said election was duly called; that notice was given in accordance with law and in accordance wit 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 I who have duly rendered the sere for taxation voting at said election have voted in favor of the issuance of said bonds. 2. That the Board of Aldermen is in all things authori,zed to issue osid bonds and to do any and all things necessary or convenient in connection therewith. I, • ADOPTED AND APPROVED this the 8th day of July 1957. Mayor, City i'hit€a Falls, Texas, I Aid;. : Ci Clerk, City-R-. ichita Falls, Texas. If I it rv,.omaauly-..m+:.ev w n,,ra,wew»n:+a v,:,.. ..,:..: ,:.... 4i it i li iir 11 TEE STATE On TEXAS COUNTY OF WICHITA CITY OF WICHITA FALLS II I, the undersigned, City Clerk of the City of Wichita Falls, Texas, do hereby certify that the above and foregoing is a true, I full and correct copy of a resolution adopted by the Board of Aldermen 1 of the City of Wichita Fails, Texas, (and of the minutes pertaining thereto) on the _AO, day of A _. , 1957, canvassing returns and declaring I results of an election on the question of the issuance of $500,000.00 Sewer Improvement and Extension Bonds, which resolution is of record in the minutes of said Board of Aldermen. EXECUTED UNDER MY HA ' and seal of said City, this the i 9th day of -July 1957 CAINP City Clerk, Cit of wl.chita Falls, Texasli SEAL) 11 li i li OFFICE MEMO To Date 195 RESOLUTION NO. 310 IN SEM BOND EJECTION FTC - (June 292 1957)