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Ord 2106 8/25/1964 CERTIFICATE FOR BOND ORDINANCE THE STATE OF TEXAS COUNTY OF WICHITA • CITY OF WICHITA FALLS We, the undersigned, Mayor and City Clerk, respectively, of said City, hereby certify as follows : 1. That the attached and following is a true, full, and correct copy of an Ordinance Authorizing the Issuance of General Obligation Bonds duly passed by the Board of Aldermen of said City at a Special Meeting held at the regular meeting place on the 25th day of August, 1964, which Ordinance has been duly recorded in the minutes of said Board of Aldermen. 2. That the following are the members and officers of said Board of Aldermen: J. Winston Wallander : Mayor D. Clifford Burross, 0. D. McBride, • Roy V. Claytor, LeRoy Daniel, : Aldermen, Kenneth Hill, Cletus Schenk, Henry Mundy, City Clerk, and all said persons were present at the time of passage of said Ordinance except the following absentees :)'}'jam, ` ,' 3. That said Ordinance was introduced for the considera- tion of said Board of Aldermen by its presiding officer and read in full, and, upon motion duly made and seconded, said Ordinance was passed by the following vote : YEAS : All members of the Board of Aldermen present voted "Yea. " NAYS: None . 4. That each of the members and officers of said Board of Aldermen was duly and sufficiently notified officially and personally, in advance, of the time, place, and purpose of the aforesaid Meeting, and that said Ordinance would be intro- duced and considered for passage at said Meeting, and each of said members and officers consented, in advance, to the holding of said Meeting for such purpose . 5 . That the Mayor of said City has approved, and hereby approves , said Ordinance; that the Mayor or and the City Clerk of said City have duly signed said Ordinance; and that said Mayor and City Clerk hereby declare that their signing of this Certificate shall constitute the signing of the attached 9 and following copy of said Ordinance for all purposes . SIGNED AND SEALED this the 25th day of August, 1964. Cy Clerk Mayor (SEAL) of ORDINANCE AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATION BONDS THE STATE OF TEXAS ; COUNTY OF WICHITA CITY OF WICHITA FALLS j; WHEREAS, the bonds hereinafter authorized were duly and ' favorably voted, as required by the Constitution and laws of the 1 `r State of Texas, at an election held in said City on the 4th day y of June, 1963; and WHEREAS, . out of the bonds voted at said election, the ry following previously have been issued and delivered: 14 $1,500,000 out of a voted total of $3, 795,000, for the purpose of constructing and improv- ing streets and storm sewers and provid- A ing street traffic signals, represented by a part of the bonds of Series 1963; lu I $ 495,000 out of a voted total of $795,000, for r the purpose of repairing and construct ing improvements and enlargements to the City Memorial Auditorium, represented by a part of the bonds of Series 1963; $ 125,000 out of a voted total of $250,000, for the purpose of constructing improvements and enlargements to the City Library, repre- sented by a part of the bonds of Series ti 1963; $ 285,000 out of a voted total of $750,000; for the purpose of constructing and equipping a Police Building and acquiring a site therefor, represented by a part of the bonds of Series 1963; $ 150,000 out of a voted total of $250,000, for the purpose of constructing and equipping Fire Stations and acquiring sites there- , for, represented by a part of the bonds of Series 1963; and WHEREAS, the bonds hereinafter authorized are to be issued and delivered pursuant to Vernon' s Articles 823 and 1175, ,, and the Home Rule Charter of said City. THEREFORE, BE IT ORDAINED BY THE BOARD OF ALDERMEN OF THE CITY OF WICHITA FALLS, TEXAS : Section 1. That said City' s coupon bonds to be designated the "City of Wichita Falls General Obligation Bonds , Series 1964," are hereby authorized to be issued and delivered in accordance with the . Constitution and laws of the State of Texas in the principal amount of $3 ,285,000 for the purpose of providing $2,295,000 for the purpose of constructing and im- proving streets and storm sewers and providing street traffic i1 II F if 1 signals ; $300,000 for the purpose of repairing and constructing improvements and enlargements to the City Memorial Auditorium; $125,000 for the purpose of constructing improvements and enlarge- ments to the City Library; $465,000 for the purpose of construct ing and equipping a Police Building and acquiring a site therefor;) and $100,000 for the purpose of constructing and equipping Fire ii Stations and acquiring sites therefor. Section 2 . That said bonds shall be dated August 1, 1964, shall be numbered consecutively from 1 through 657, shall ,ibe in the denomination of $5,000 each, and shall mature and be- , come due and payable serially on August 1 in each of the years, and in the amounts, respectively, as set forth in the following ' schedule: ,P ?1 YEARS AMOUNTS YEARS AMOUNTS 1965 $160, 000 1975 $ 165, 000 1966 160, 000 1976 165 ,000 1967 160,000 1977 165 ,000 i 1968 165,000 1978 165,000 1969 165 , 000 1979 165,000 1970 165 ,000 1980 165, 000 u� 1971 165 ,000 1981 165, 000 1 1972 165,000 1982 165, 000 1973 165 , 000 1983 165 000 1974 165,000 1984 165,000 p Section 3. That said bonds shall bear interest from ' their date, until maturity, at the following rates : 1 all bonds scheduled to mature during the years 1965 through 1971 c5 % per annum; III I, all bonds scheduled to mature during the years 197Q itaMge=iaa `t-. % per annum; 1 all bonds scheduled to mature during the years d 197? through 197 3 % per annum; all bonds scheduled to mature during the years 1977 through 19 9 310% per annum; all bonds scheduled to mature during the years 19fl through 1983 3,..0% per annum; all bonds scheduled to mature during the years o- 19.241 .40 .-; , , fx�, _ . v� /o ! per annum; with said interest to be evidenced by interest coupons payable on February 1, 1965 , and semi-annually thereafter on each August 1 And February 1. Section 4. That the principal of and interest on said bonds shall be payable to bearer, in lawful money of the United of America, without exchan e or collection Ih g Lion charges to the Jib ! bearer, upon presentation and surrender of proper bond or inter- 1 est coupon, at The Chase Manhattan Bank, New York, New York, or, at the option of the bearer, at the City National Bank in Wichita Falls , Wichita Falls , Texas , which places shall be the paying agents for said bonds . Section 5 . That each of said bonds and interest coupons shall be signed by the imprinted or lithographed fac- simile signature nature of the Mayor of said City and countersigned by the imprinted or lithographed facsimile signature of the City Clerk of said City, and the official seal of said City shall be impressed, or printed, or lithographed on each of said bonds. Section 6. . That the form of said bonds, including the form of Registration Certificate of the Comptroller of Public Accounts of the State of Texas to be printed and endorsed on each bond, and the form of the interest coupons to be attached to said bonds, shall be, respectively, substantially as follows : (FORM OF BOND) NO. $5,000 UNITED• STATES OF AMERICA STATE OF TEXAS COUNTY OF WICHITA CITY OF WICHITA FALLS GENERAL OBLIGATION BOND SERIES 1964 On August 1, 19_, the City of Wichita Falls, in the 1 County of Wichita, State of Texas , promises to pay to bearer the principal amount of FIVE THOUSAND DOLLARS and to pay interest thereon, from the date hereof, at the rate of per annum, evidenced by interest coupons payable February 1, 1965 , and semi-annually thereafter on each August 1 and 1 February 1 while this bond is outstanding. The principal of this and the interest coupons attached hereto shall be payable to bearer, in lawful money of the United States of America, without exchange or collection charges to the bearer, upon presentation and surrender of this bond or proper interest coupon, at The Chase Manhattan Bank, New York, New York, or, at the option of the bearer, at the City National Bank in Wichita Falls , Wichita Falls, Texas ; which places shall be the paying agents for this Series of bonds . This bond is one of a Series of coupon bonds dated August 1, 1964, issued -in the principal amount of $3,285, 000 for the purpose of providing $2 ,295,000 for the purpose of con- structing and improving streets and storm sewers and providing street traffic signals; $300,000 for the purpose of repairing and constructing improvements and enlargements to the City Memorial Auditorium; $125 ,000 for the purpose of constructing improvements and enlargements to the City Library; $465,000 for the purpose of constructing and equipping a Police Building and acquiring a site therefor; and $100,000 for the purpose of constructing and equipping Fire Stations and acquiring sites therefor. Glu 6� II It is hereby certified and recited that this bond has been duly and validly voted, authorized, issued, and delivered in accordance with the Constitution and laws of the State of Texas ; that this bond is a general obligation of said City, issued on the full faith and credit thereof; and that the ad valorem taxes, . upon all taxable property in said City, necessary to pay the in- terest on and principal of this bond, as such interest comes due, and such principal matures , have been pledged irrevocably for such purpose, within the limit prescribed by law. In witness whereof, this bond and the interest coupons attached hereto have been signed by the imprinted or lithographed facsimile signature of the Mayor of said City and countersigned by the imprinted or lithographed facsimile signature of the City Clerk of said City, and the official seal of said City has been ' duly impressed, or printed, or lithographed on this bond. City Clerk, City of Wichita Fails Mayor, City of Wichita Falls (FORM OF REGISTRATION CERTIFICATE) COMPTROLLER' S REGISTRATION CERTIFICATE: REGISTER NO. I hereby certify that this bond has been examined, cer- tified as to validity, and approved by the Attorney General of the State of' Texas ; and that this bond has been registered by the Comptroller of Public Accounts of the State of Texas . Witness my signature and seal this Comptroller of Public Accounts of the State of Texas . (FORM OF INTEREST COUPON) - iy, NO. $ On 1, 19 , the City of Wichita Falls , in the County of Wichita, State of Texas , promises to pay to bearer, the amount of Dollars , in lawful money of the United States of America, without exchange or collection charges to the bearer, upon presentation and surrender of this interest coupon, at The Chase Manhattan Bank, New York, New York, or, at the option of the bearer, at the City National Bank in ' Wichita Falls , Wichita Falls , Texas, said amount being interest due that day on the bond, bearing the number hereinafter designat- ed, of that issue of City of Wichita Falls General Obligation Bonds , Series 1964, dated August 1, 1964. Bond No. City Clerk Mayor. Section 7 . That a special fund or account, to be designated the "City of Wichita Falls General Obligation Bonds , Series 1964, Interest and Sinking Fund" is hereby created and shall be established and maintained by said City at its official depository bank. Said Interest and Sinking Fund shall be kept separate and apart from all other funds and accounts of said City, ,, and shall be used only for paying the interest on and principal of said bonds . All taxes levied and collected for and on account of said bonds shall be deposited, as collected, to the credit of said Interest and Sinking Fund. During each year while any of said bonds or interest coupons appertaining thereto are outstanding and unpaid, the Bo ard of Aldermen of said City shall compute ute and ascertain the rate and amount of ad valorem tax, based on the latest approved tax rolls of said City, with full allowances be- 'e and costs of tax collections, in made for tax delinquencies s g q which will be sufficient to raise and produce the money required to pay the interest on said bonds as such interest comes due, and to provide a sinking fund to pay the principal of such bonds as such principal matures, but never less than 27 of the original principal amount of said bonds as a sinking fund each year. Said rate and amount of ad valorem tax is hereby ordered to be levied and is hereby levied against all taxable property in said City for each year while any of said bonds or interest coupons apper- taining thereto are outstanding and unpaid, and said ad valorem tax shall be assessed and collected each such year and deposited to the credit of the aforesaid Interest and Sinking Fund. Said ad valorem taxes necessary to pay the interest on and principal of said bonds , as such interest comes due, and such principal matures, are hereby pledged irrevocably for such purpose, within the limit prescribed by law. Section 8 . That the Mayor of said City is hereby authorized to have control of said bonds and all necessary records' and proceedings pertaining to said bonds pending their delivery and their investigation, examination, and approval by the Attor- ney General of the State of Texas , and their registration by the Comptroller of Public Accounts of the State of Texas . Upon registration of said bonds , said Comptroller of Public Accounts (or a deputy designated in writing to act for said Comptroller) shall manually sign the Comptroller' s Registration Certificate ; prescribed herein to be printed and endorsed on each bond, and the seal of said Comptroller shall be impressed, or printed, or lithographed on each of said bonds . Section 9. That said bonds are hereby sold, in accor- dance with law, �1and - shall be delivered, to� 40, for the principal amount t ereof an accrued interest to the date of delivery, plus a premium of $ q537 . r � GENERAL CERTIFICATE THE STATE OF TEXAS • COUNTY OF WICHITA CITY OF WICHITA FALLS • We, the undersigned, hereby officially certify that we II are th e Mayor and City Clerk, respectively, of said City, and we further certify as follows : 1. That said City is a duly incorporated Home Rule City, having more than 5000 inhabitants , operating and existing under the Constitution and laws of the State of Texas and the duly adopted Home Rule Charter of said City, which Charter has not been changed or amended since the passage of the ordinance authorizing the issuance of the most recently dated, issued, and outstanding bonds of said City shown on "Exhibit A," which is attached hereto. 2. That no litigation of any nature has ever been filed pertaining to, affecting, or contesting: (a) the election which authorized the proposed City of Wichita Falls General Obligation Bonds, Series 1964, dated August 1, 1964, in the principal amount of of $3,285,000, (b) the issuance, delivery, payment, security, or validity of said proposed bonds , (c) the title of the present members and officers of the Board of Aldermen, of said City to their respective offices, or (d) the validity of the corporate existence, the current Tax Rolls , or the Charter of said City; and that no litigation is pending per- J, taining to, affecting, or contesting the boundaries of said City. 3. That attached hereto, and marked "Exhibit A," which shall be a part hereof for all purposes , is a true, full, ,. and correct schedule and statement of the aforesaid proposed bonds, and of the total presently outstanding bond, warrant, and other indebtedness of said City. 4.. That the currently effective ad valorem Tax Rolls of said City are those for the year 1963, being the most re- cently Y 9 cently approved Tax Rolls of said City; that the Board of Aldermen of said City has caused the taxable property in said 1, City to be assessed as required by law; that the Board of 1 Equalization of said City has equalized and approved the valu- ation of taxable property in said City for said year; that the Tax Assessor of said City has duly verified the aforesaid Tax -- Rolls , and said Board of Equalization has finally approved the same; that the valuation of taxable property in said City for said year, according to the aforesaid Tax Rolls , as delivered to the City Clerk of said City, and finally approved and record- ed by the Board of Aldermen of said City is $238,244,010. SIGNED AND SEALED this the 25th day of August, 1964. 4 . L1 ....e, / �� ..► C;0.0' Clerk / Mayor. (SEAL) g ii EXHIBIT A General Obligation Bonds, Series 1964, dated 8/1/64, to be out- standing in the principal amount of $3,285,000, bearing interest, and maturing as set forth in the Ordinance authorizing said bonds . Police & Fire Station Improvement Bonds , Series 1940, dated 10/1/40, now outstanding in the principal amount of $3,000, bear- ing interest, and maturing in the amounts on April 1 of the years,'' as follows: 31/2%; 3M-65 . Fire Station Bonds , Series 1949, dated 12/1/49, now outstanding in the principal amount of $68,000, bearing interest, and matur- ing in the amounts on December 1 of the years , as follows : 2-3/4%: 2M-64/65 ; 4M-66; 3I -67/68; 4M-69; 10M-70/74. ' Park Bonds, Series 1949, dated 12/1/49, now outstanding in the principal amount of $133,000, bearing interest, and maturing in the amounts on December 1 of the years , as follows : 2-3/4%: 5M-64; 4M-65; 6M-66; 8M-67 ; 6M-68/69; 18M-70/71; 20M-72; 21M-73/74. Street Improvement Bonds , Series 1949, dated 12/1/49, now out- standing in the principal amount of $551,000, bearing interest, and maturing in the amounts on December 1 of the years, as follows : 2-3/4%: 18M-64; 17M-65; 22M-66; 23M-67; 30M-68; 37M-69; 77M-70; 79M-71; 80M-72; 83M-73; . 85M-74. Refunding Bonds, Series 1950, dated 6/1/50, now outstanding in the principal amount of $760,000, bearing interest, and maturing in the amounts on June 1 of the years, as follows : 2-3/47: 145M-65/67; 160M-68; 165M-69. General Obligation Bonds , Series 1963, dated 8/1/63, now out- standing in the principal amount of $2,580,000, bearing interest, sand maturing in the amounts on August 1 of the years , as follows : '; 5%: 100M-65/73; 4%: 100M-74/75; 3-1/4%: 100M-76/79; 120M-80/85; Q 3.30%. 120M-86; 1/10 of 1%: 120M-87/88. Park Bonds , Series 1963, dated 8/1/63, now outstanding in the principal amount of $300,000, bearing interest, and maturing in the amounts on August 1 of the years, as follows : 5%: 20M-65/73; 4%: 20M-74/75; 3-1/4%: 20M-76/79. 1 1 . 1; Waterworks Bonds , Series 1949, dated 12/1/49, now outstanding in the principal amount of $803,000, bearing interest, and maturing in the amounts on December 1 of the years , as follows : 2-3/4%: 35M-64; 32M-65 ; 38M-66; 41M-67; 36M-68; 38M-69; 110M-70; 113M-71; 115M-72; 121M-73; 124M-74. Waterworks Improvement Bonds , Series 1955, dated 2/15/55, now out standing in the principal amount of $935 ,000, bearing interest, and maturing in the amounts on February 15 of the years , as follows : 2-1/4%: 85M-65/68 ; 2-1/2%: 85M-69/75 Sewer Improvement and Extension Bonds , Series 1957, dated 9/1/57, now outstanding in the principal amount of $315,000, bearing in- terest, and maturing in the amounts on September 1 of the years , as follows : 4%: 35M-64; 3-3/4%: 35M-65/68; 4%: 35M-69/72 . Waterworks Improvement Bonds, Series 1959, dated 8/1/59, now out- standing in the principal amount of$3,000,000, bearing interest, and maturing in the amounts on August 1 of the years , as follows : 42%: 200M-65 ; 31/2%: 200M-66/68; 3-3/4%: 200M-69/79. Wichita County WC&ID #4 Waterworks Revenue and Tax Bonds, Series 1955, dated 1/1/55 , now outstanding in the principal amount of ,;$252,000, bearing interest, and maturing in the amounts on January 1 of the years, as follows : 42%: 5M-65; 6M-66; 7M-67/68; 8M-69/70; 4-3/4%: 10M-71/72; 12M-73/76; 14M-77; 15M-78/80; 16M-81/83; 18M-84/85 . Wichita County WC&ID #5 Water Revenue and Tax Bonds , Series 1956, dated 11/1/56, now outstanding in the principal amount of $530,000, bearing interest, and maturing in the amounts on November 1 of the years, as follows : 4%: 10M-64/66; 10M-67; 15M-68/71; 20M-72/75; 25M-76/78; 30M-79/81; 35M-82184; 40M-85/86. Wichita County WC&ID #4 Sewer Revenue and Tax Bonds, Series 1959, dated 9/1/59, now outstanding in the principal amount of $290,000, =bearing interest, and maturing in the amounts on September 1 of the years , as follows : 4-3/4%: 5M-64/69; 52%: 5M-70; 8M-71/74; 10M-75/81; 12M-82/85; 25M-86/88; 30M-89. • Wichita County WC&ID #6 Water and Sewer Revenue and Tax Bonds , Series 1959, dated 9/1/59, now outstanding in the principal amount of $380,000, bearing interest, and maturing in the amounts on September 1 of the years, as follows: 4-3/4%: 5M-64/66; 7M-67; 8M-68-69; 5270: 10M-70/71; 12M-72/74; 14M-75/76; 15M-77/78; 16M-79/80; 18M-81/82; 20M-83/85; 22M-86; 25M-87/88; 28M-89. F rid I I; E . 4 Attorney General of Texas: cio Bond Division: Capitol Station: Austin: Texas. Gentlemen: CITY OF WICHITA FALLS GENERAL OBLI. CATION BONDS SERIES 1964 3 285 000 The above issue of bonds is b. g sent to for your examination and approval. We enclose one signe* - - sl -he Siguature Identification and No.*Litigati* - - - , ificat-.; - *ich has not been dated. Upon approval o - - e bo -\....s you .. 11; authoriz. ed to insert the date of -.1. oval i- ,.he Signe: re Certi ficate. If any litigation .,' *uld *, .. -lop before you have approved the bonds: we will Lo * '- - ou at once both by telephone and by -- - -4_-a • ® , this assurance you can rely upon the ace o-.'" 1. tiga i*n at the time you ap. prove the bonds . nless ve a;vise !ou otherwise. ' ,er you ',4ve approved the bonds: please deli .-/ them to *le -,,-4, :oiler of Public Accounts. , J,anking you:, we are 0 Very truly yours: CITY OF WICHITA FALLS, TeXAS BY -7-- ° W .. . . . . or - , Honorable R. S. Calvert, Comptroller of Public Accountat Austin, Texas. Dear Sir: CITY OF WICHITA FALLS GENERAL OBLIGATION BONDS SERIES 1964 '4',3 285. 000 The Attorney General will deliver to you the approved bonds of the above captioned issue. ,kt such time a the bonds are registered by you, kindly d „ iver them to the American National Bank, Austin. Kindly forward to M . - ' : -"-,----- -fiurst & Horton, 1501 Mercantile Securities Bui * : Della , ',-..xas„ three copies each of the Attorney - =ra'- ' ,4-, apprevi-plopinion and C signature if-_ - ificati ) certifite. Your bill e for _ e,, ,, iapers should b sent to 400011°f First Southwest C'tivA _ ,'.ere.., , e Bank Building, Dallas, Texas. fLanking ysu, we are truly yours, CITY OF WICHITA FALLS --- / Y ,,J iii, vb,/ B Mayor . „ The American National Bank, Austin, Texas. Gentlemen: CITY OF WICHITA FALLS GENF.RAL °DLL.- CATION BONDS. SERIES 1964 S3 285 6 000 The City of Wichita Falls and the purchasers of the above described bonds have designated your bank as place of delivery of said bonds. This will be your authority t. eceive the bonds from the Comptroller of Public Account 11:nd to deliver '---ja-f-, or upon their order, when you hay- - -1911rs payment ; ere- fat , the par amount thereof and • -d in . t to data of delivery, plus a premium of 44.ailiiikkar. amoNA444,041‘ Please rc from emit -e pro --ds om the sale of the a bonds to the Cit National : . ;41. lichita Falls wichita Fails. Ta 7,„ . aaai, 7;,., depository of the City. e enclose rewi - the following: I, , signef , but undated, copies of the ,:a. a- - Receillt; (b) -iee signed, but undated, copies of the gnature Identification and No-Li ti tion Certificate. Upon payment for the bonds, you are authorized to insert the date of payment in the Treasurer's Receipt and in the Signature Certificate and send all copies to McCall* Parkhurst & Horton, 1501 Mercantile Securities Building, Dallas, Texas. Please send Bond Number One to McCall, Parkhurst & Horton for their examination. If any litigation should develop before you rea ceive payment for the bonds, we will notify you at once both by telephone and by ele ap . With this assurance you can . the absence of .it . .ti at the time you receive payment for the bands unless we advise you otherwise. Thanking You, we are yours s IA I 1 II { " ACKNOWLEDGMENT OF NOTICE OF SPECIAL MEETING THE STATE OF TEXAS : " COUNTY OF WICHITA CITY OF WICHITA FALLS I „ Each of the undersigned members or officers of the Board of Aldermen of said City hereby acknowledges and certifies ' that he was duly and sufficiently notified officially and per- ':, sonally, in advance, of the time, place and purpose of the 'Ir Special Meeting of said Board of Aldermen held on the 25th day l of August, 1964, and that an Ordinance Authorizing The Issuance Of Bonds would be introduced and considered for passage at said Meeting, and that he consented, in advance, to the holding of said Meeting for such purpose. 11] SIGNED this the 25th day of August, 1964. u' ii Caci..,-*-vZf io . 7 '11 <04_,Licx- oe. .. ■ N Iyy II l lii ,y J,; I II ii { " I I CI