HomeMy WebLinkAboutMIN 03.11.1940 CC-R7.3
Georgetown, Texas, March 119 1940
The City Council met in regular session on the above date, Mayor Td. F.
Smith presiding, the following aldermen and officers being present;
Aldermen: F. E. Buchholz, J. R. Chastain, J. C. Godbey, C. C. Hamiltod,
and S. E. Wilcox, Officers: "r. H. Nunn, city attorney: C. S. Sanders,
assessor and collector;. Albert May, marshal; M. L. Cates, secretary and
Manager R. E. Ward.
Minutes of the previous regular and adjourned sessions were approved
on motion of F. E. Buchholz.
On motion of Alderman J. R. Chastain, seconded by Alderman C. C. Hamil-
ton, all approved accounts were ordered paid.
On motion of Alderman J. C. Godbey, seconded by Alderman S. E. Wileox,
the Cpuncil confirmed the appointment of the followingas an auditing
committee for the city books of 1939.: Lee. 17. Taylor, H. Chreitzberh and
Laurie Richardson,
Alderman J. C. Godbey moved that the following Resolution be read in
full and adopted; and Alderman S. I.Wilcox seconded the motion:
"RESOLUTION of the City of Georgetown, Texas, adjusting
the funds to the accounts of the City of Georgetownr 7aterVorks Improve-
ment Bonds and the City of Georgetown Paving Bonds."
"?17hereas, in making the tax levy for the year 1939, an
error was made, whereby 10 cents on each $100.00 valuation, in excess of
the amount necessary, was levied to pay interest ind sinking fund'on the
series of bonds of the city known as WATERWORKS 11APROVMMNT BONDSp thus
creating a surplusin the said account; and Wnbreas an insufficient
levy of 10 Cents on each $100.00 valuation was made to pay interest
and sinking fund on the series of bonds of the City, known as PAVIN§
bonds # thus creating a deficiency in the said account, and that by
reason of the said mistakes, there is now in the first mentioned
account an amount more than sufficient to pay interest and care for
the sinking fund for the year 1940, and that there is not enough in
the second mentioned account to pay the principal and interest for the
year 1940* Therefore:.
BE IT RESOLVED BY THE CITY COUNCIL of the City of George-
town, Texas:
That, the Manager of the City Utilities, R. E. Ward, for and
during the year 19409 and for that year alone, is hereby directed to pay
and deliver to the City Treasurer the funds set apart for the payment of., --
principal and interest on the series of bonds known aebWAZBRWORKS IMPROV 4.
MENT BONDS, and that the said City Treasurer shall deposit the said funds
for said year to the credit 66 the account of the series of Bonds known as
PAVING BONDS, thus adjusting the accounts of the said TWO series of bonds
of the said City.
Pas ed and approved this the 11th day of ITarch, D. 1940.
i
Attest: Secretary, G 1 ayor,
Cit of Georgetown, Texas. City of Geo getown, Texas.
Upon the reading of the ahove resolution the mayor presented the
question of adoption, which was passed unanimously, the following
alderman voting Aye --Buchholz, Chastain Godbey, Hamilton and Wilcox.
t orn Qf'.;f lde n Rue.hhvlV.-sa"n'deA ,by.;Alicilermair-2h in
T& Mayor was authorized to appoint a committee to confer with
the street committeeman and street commissioner R. E. .yard
with a view to top tAm Eleventh Street between Church and Main Sts.
There appearing no further business the council adjourned.
Attest: Secretary,
City of Georgetown, Texas
/ -,r UAA71�;A*Mayor ,
City of eorgetown, Texas.