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HomeMy WebLinkAboutORD 02.19.1940 - Sewer BondsORDINANCE MAKING -APPROPRIATION FOR THE PAYMENT OF SEWER BONDS �Z-eri AN ORDINANCE MAKING PROVISSIONS FOR THE PAYMENT OF THE PRINCIPAL AND INTEREST AS IT ACCRUE ON THE CITY'S BOND KNOWN AS SEWER BONDS, AND DECLARING AN EMERGANCY. BE IT ORDAINED BY 'XBE CITY COUNCIL OF THE CITY OF GEO- GETOWN TF*S; That for the year 1940, there is aprop4rated from the general revenues derived from the apperation of the Sewer System of the said city the sum of Four Thousand ($4000.00) Dollars, to the payment of the principal and the interest as it accrue on that series of bonds of the said City, known as "SEWER BONDS", and that the ►e continue to be made for each year hereafter, until ordered changed or dis- continued, by ordinance; or until other ade_quuiite provisions have been made for the payment of the said bonds and interest. That the necessity for making adequite provissions i fol! the payment of the principal and the ineterest as it as- crues upon the above mentioed bonds, creates an emergancy, and public neo_ `slay that the rales pertaining to the redan of ordinances at separate meetings before final passage, be suspend ed, and it o ordered, and this ordinance will take effect from and after its passage. Passed and approved this the 19th, day of February A. D. 1940. G^ Attest: Mayor of the( City of Georgetown Texas Cityore:ry;., City of Georgetown Texas.