Ord 763 5/10/1926ORDINANCE NOw� Y
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AN ORDINANCE PROVIDING FOR THE HOLDING OF AN ELECTION IN
THE: CITY OF WICHITA FALLS, TEXAS, FOR THE PURPOSE OF SUBMITTING TO
THE QUALIFIED VOTERS OF SAID CITY WHO ARE PROPERTY TAX PAYERS THERE-
IN, A PROPOSITION FOR THE ISSUANCE OF BONDS OF SAID CITY IN THE
AMOUNT OF ONE MILLION, TWO HUNDRED THOUSAND DOLLARS ($10200,000.00)
FOR THE PURPOSE OF EXTENDING THE WATER 110RES SYSTEM IN SAID CITY,
AND LEVYING A TAX ON ALL TAXABLE PROPERTY IN SAID CITY TO PAY THE
PRINCIPAL AND INTEREST OF SAID BONDS.
WHEREAS, the Board of Aldermen of the City of Wichita Falls
deems it necessary and expedient to borrow money on the credit of
the City in the sum of One Million, Two Hundred Thousand Dollare,
(01,200,000.00), and to secure the payment thereof by the issuance
of bonds of said city in that amount for the purpose of raising
funds to pay the cost of extending the water works system in and for
said city
Noir, therefore, be it ordained by the Board of Aldermen of
the city of Wichita Falls, Texas:
Section 1. That an.ele6tion be held in said city on the
day of, 1926, at which election the
0 ow ng propos on.e a e su teed:
Shall the Board of Aldermen of the City of Wichita Falls be
authorized to issue the bonds of the city of Wichita Falls in the
sum of One Million, Two Hundred Thousand Dollars ($1,2009000.00)
to mature serially in from one to forty years from the date thereof,
bearing interest at the rate of four and three-quarters per centum
per annum, payable semi-annually, for the purpose of providing
funds for the extension of the water works system in and for said
City and to levy a tax sufficient to pay the interest on said bonds
as it accrues and the principal thereof at maturity?
Section 2. The said election shall be held at the city
Hall and in Wichita County court House in the city of Wichita Falls
and shall be conducted by the following named persons:
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Voters living Last of Lamar Street and Northeast of Wichita
River and Southeast of the Wichita valley Railway track in said city
shall vote at the city Hall Box: all voters living West of Lamar
Street in said city shall vote at the Court House Box.
Section 3. The said election shall be held in accordance
with the general election laws and only qualified voters who are
property tax payers in said city shall be allowed to vote•
Section 4. The ballots to be used at said election shall
contain the proposition substantially as above set forth, followed
by the words, "for the issuance of bonds" and "against the issuance
of bonds."
Section 5. Notice of said election shall be given for at
least thirty days by the Mayor, by publication in the Wichita
Falls Record News, a newspaper of general circulation in Wichita
County, Texas, published in the City of Wichita Falls, and such
notice shall be made by publishing a copy of this ordinance with
the words "Notice of Election" prefixed thereto, once a week for
three consecutive weeks in said newspaper, and the first publica-
tion to be made at least thirty days next preceding such election.
Section 6. Because of the fact that large areas in the
city of Wichita Falls, Texas, are not supplied by water, thus
endangering the lives, health and property of the citizens of said
city, there exists an urgent necessity demanding and requiring that
provisions of the city charter, providing for the reading of
ordinances on three separate days, and providing that ordinances
shall not go into effect for thirty days, be suspended and this
ordinance is passed as an emergency measure, and shall take effect
and be in force from and after its passage and it is so ordered.
PASSED AND APPROVED on this the/day of May, A. D•,
1926.
ATTEST:
City Ulerk
STATE OF TEXAS
COUNTY OF WICHITA
Mayor
I, W. E. McBroom, City Clerk of the City of Wichita Falls,
hereby certify that tho,..above and foregoing is a true, correct
and complete copy of Ordinance No. duly adopted by the
Board of Aldermen of said City and -approved by the Mayor thereof,
and is duly recorded in Ordinance Book No# of said city and
Minute Book No. , page
IN WITNESS WHEREOF I hereunmo set my official hand and
seal of said city this the -day of ,A.D.,
1926*
City C er