HomeMy WebLinkAboutORD 02.19.1940 - Waterworks ImprovementsAN ORDINANCE MAKING PROVISSIONS FOR THE PAYMENT
OF THE PRINCIPAL AND INTEREST AS IT ACCRUES ON
THE CITY'S BONDS KNOW AS WATERWORKS IMPRIVEMENT
BONDS AND DECLARING AN EMERGANCY.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
GEORGETO'diN TEKAS:
That for the year 19489 there is apprqp�rated from
the general revenues
derived from
the
o p�eration of the Water-
works Syste* of the
said City the
sum
of Seventeen Hundred
and Seventy ($1770.44) Dollars, to the payment of the princ-
ipal and interest as it accrues of that series of bonds of
the said City, known as "WATERWORKS IMPROVMENT BONDS", and
that same steal continue to be mads thereafter, for each year,
until ordered changed or discontinued by ordinance, or until
other adequite proviss_ions have been made for the payment of
the said bond and interest.
That
the
neoesity
for making ade%41,te prova lions
for the payment
of
principal
and interest on the above, iheuv.ond
bonds creates an�aemer ancy and public necessity that the
� 1'
rules reading of ordinances at separate meetings before they
10
are finally assed and take effect1 be suspended, and it is so
ordered, and that this ordinance shall at one pass and take
effect from and after its passage.
Passed and approved this the 19th, dey of February
A. D. 1990. G� —
Mayor oft the City of George-
town, Texas.
Attest:
Ci y Secretary, City of Georgetova
Texas.
ORDIWCE MAKING PROVISSION W2W
FOR THE PAYNE OF WATERWORKS
INFROVMENT BONDS.