HomeMy WebLinkAboutORD 08.18.1941 - Bond ElectionAN ORDINANCE OF THE CITY OF GEORGETOWN, TEXAS, GALLING
AND ORDERING AN ELECTION TO BE HELD FOR THE PURPOSE
OF DETEMINING `WHETHER OR NOT THE SAID CITY SHALL ISSUE
BONDS IN THE SUM OF FORTY THOUSAND 0401000.00( DOLLARS
TO PURCHASE LANDS FOR AND TO BUILD AN AIRPORT.
Whereas, it has been decided by the governing bogly
sof the said city, that it is necessary, proper, and for the best
:interests of the said city, that the said city accept the offer of
grid made by the United States, and that it purchase the necessary
]lands, and do all things necessary and proper in the construc-
tion of an airport at, near, and convenient to the said city,
71MREFORE:
BE IT ORDAINED BY THE CITY COUNCIL OF THE SAID
CITY, that an election be called and hereby ordered held in
and for the said city, on the 15th day of September, A. D.
19411 at which election the following proposition shall be
e:ubmitted :
"SHALL, the City Council of the City of Georgetown,
Vezas, be J. Authorized to issue the bonds of the said City in
the sum of Forty thousand ($40,000.00) Dollars, maturing;
serially, during a period of twenty-five (25 years from the
date of issuance, as may be ordered by the said city, and
bearing interest at the rate of not exceeding (3-*%) three
and one half per cent per annum, payable semiannually and
evidenced by coupons, for the purpose of doing all things
necessary and proper in the obtaining of all necessary lands
and for the building, purchasing, erecting and improving an
airport within the county and at, near and convenient to the
said city; and shall the said City be authorized, through the
City Council, to levy diad collect an advalo rum tax, annually
on all property in the said City subjeSjdto taxation In an
amount sufficient to pay the p rincipal/interest on the said
bonds as the same shall accrue.
That the said election shall be held, during the
hours prescribed by law, at the City Fire Station, in the City
Hall Building, in said City. That It. H. Cr ietzberg, is here
named as presiding judge of said election, and is hereby ordered
and directed to appoint such additional jud &es , clerks and
assistants as he may deem necessary. That the said election
shall be held in accordance with the provisions of the general
laws of the State of Texas, governing such election and only
qualified electors of the said City who own taxable property
in the said ctiy, and Williamson County, Texas, and who have duly
rendered the same for taxation, shall be qualified to vote at
the said election.
ALL VOTERS, who favor the proposition to issue
the said bonds, shall have written or printed on thiir ballots,
the words; FOR THE ISSUANCE OF THE CITY OF GEORGETO W AIRPORT
BONDS.
THOSE AQIINST the proposition shall have written or
printed on their ballots the words: AGAINST THE ISSUANCE OF
THE CITY OF GEORGETOViN AIRPORT BONDS.
A copy of this ordinance, duly signed by the Mayor
and attested by the City Secretary shall serve as a notice of
the said election,
The Mayor is ordered and directed to cause a copy of
this ordinance to be posted in at least three public places
within the said City, for a period of at least fifteen days
prior to the date of said election; and he is further ordered and
directed to cause this ordinance to be published in some news-
paper of general circulation, published in said City in
Williamson County, Texas, for once each week for two,
consecutive weeks, with the first publication, not less than
fifteen days prior to the date of said elec ion.
Passed and approved this the SF
day of
August, A. D. 1841.
7X,
�� ✓�
yor of theCity of Georgetown,
Texas.
ATTEST:
ity Secretarf, City of Georgetown,,
Texas.