ORD CC 07/01/47 - Bond IssuanceTHE STATE OF 'TEXAS
COUNTY OF WALTER
CITY OF HTJ TSVILLE
WHEREAS, the City Council of the City of Huntsville, Texas,
deem it advisable to issue the bonds of said City for the purposes
hereinafter mentioned:
THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF HUNTS -
VILLE, TEXAS, IN COUNCIL ASSEMBLED:
That an election be held within said City on the 29th day
of July, 1947, at which election the following proposition shall be
submitted to the qualified property taxpaying voters residing with-
in and entitled to vote at said election within said City of Hunts-
ville, to wit:
FIRST PROPOSITION: Shall the City Council of the City of
Huntsville, Texas, be authorized to issue the bonds of the City of
Huntsville, Texas, in the principal sum of Ninety Thousand
($90,000.00) Dollars, payable and maturing serially within a given
number of years beginning not more than five (5) years after the
date thereof, and extending over a period of not to exceed forty
(40) years from and after the date thereof, within the discretion
of the City Council of said City, bearing interest at the rate of
not exceeding three and one -half (32) per cent per annum, payable
annually or semi - annually, at the discretion of said Council, and
to levy a tax sufficient to pay the interest on said bonds and to
create a sinking fund sufficient to redeem them at maturity for the
purpose of improving and equipping the Huntsville Municipal Airport
in accordance with and as authorized by Article 1269h of the Revised
Civil Statutes of the State of Texas of 1925, and the amendments there-
to, and in accordance with and as authorized by Title 28 of the Revised
Civil Statutes of the State of Texas of 192'5, and the amendments there-
to, and in accordance with the Constitution and Laws of the State of
Texas.
SECOND PROPOSITION: Shall the City Council of the City of
Huntsville, Texas be authorized to issue the bonds of the City of Hunts-
ville, Texas, in the principal sum of Fifty Thousand (550,000.00) Dol-
lars, payable and maturing serially within a given number of years be-
ginning not more than five (5) years after the date thereof, and ex-
tending over a period of not to exceed forty (40) years from and af-
ter the date thereof, within the discretion of the City Council of
said City, bearing interest at the rate of not exceeding three and
one -half (3-) per cent per annum, payable annually or semi - annually,
in the discretion of said Council, and to levy e tax sufficient to
pay the interest on said bonds and to create a sinking fund suffi-
cient to redeem them at maturity for the purpose of making permanent
improvements upon the streets of said City of Huntsville by resur-
facing the same, or any part thereof, and paving the same, or any
pert thereof, with concrete, rock, gravel or asphalt, or in aid there-
of, and to pay the City's proportionate part, or all, of the cost of
such street improvements and repairs within the discretion of said
Council to be made under the front foot rule or plan, or otherwise,
in accordance with and as authorized by Title 28 of the Revised Civil
Statutes of the State of Texas of 1925, and the amendments thereto,
and in accordance with the Constitution and Laws of the State of Texas.
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THIRD PROPOSITION: Shall the City Council of the City of
Huntsville, Texas, be authorized to issue the bonds of the City
of Huntsville, Texas, in the principal sum of Fifteen Thousand
($15,000.00) Dollars, payable and maturing serially within a given
number of years beginning not more than five (5) years after the
date thereof, and extending over a period of not exceeding forty
(40) years from and after the date thereof, within the discretion
of the City Council of said City, bearing interest at the rate of
not exceeding three and one -half (3*) per cent per annum, payable
annually or semi - annually, in the discretion of said Council, and
to levy a tax sufficient to pay the interest on said bonds and to
create a sinking fund sufficient to redeem them at maturity for
the purpose of cutting down and reducing the size of the court-
house yard in said City and of increasing the width of the streets
adjacent thereto and of making permanent improvements upon the wid-
ened streets of said City of Huntsville by paving the same with con-
crete, rock, gravel or asphalt, or in aid thereof, and to pay the
City's proportionate part, or all, of the cost of such street im-
provements within the discretion of said Council to be made under
the front foot rule or plan, or otherwise, in accordance with and
as authorized by Title 28 of the Revised Civil Statutes of the
State of Texas of 1925, and the amendments thereto, and in accord-
ance with the Constitution and Laws of the State of Texas.
Said election shall be held at the City Hall and Fire Sta-
tion, within the City of Huntsville, Texas, and the following named
persons are hereby appointed officers of said election, to -wit:
Chas. B. Frdell, as Manager and Judge, and J. Sam Angier and H. 0.
Leigh, as Clerks. Said election shall be held under the provisions
of Title 22 of the Revised Civil Statutes of the State of Texas of
1925, and the amendments thereto, and the Constitution and Laws of
the State of Texas, and only qualified voters who are property tax-
payers of said City shall be allowed to vote at said election.
All voters who favor the FIRST PROPOSITION to issue the
bonds and levy the tax shall have written or printed on their ballots
the words: "FOR THE ISSUANCE OF THE AIRPORT BONDS AND THE LEVY OF
THE TAX ", and those opposed to the FIRST PROPOSITION shall have writ-
ten or printed on their ballots the words: "AGAINST THE ISSUANCE OF
THE AIRPORT BONDS AND THE LEVY OF THE TAX ". All voters who favor
the SECOND PROPOSITION to issue the bonds and levy the tax shall have
written or printed on their ballots: "FOR THE ISSUANCE OF THE STREET
IMPROVEMENT BONDS AND THE LEVY OF THE TAX ", and those opposed to the
SECOND PROPOSITION shall have written or printed on their ballots
the words: "AGAINST THE ISSUANCE OF THE STREET IMPROVEMENT BONDS
AND THE LEVY OF THE TAX ". All voters who favor the THIRD PROPOSI-
TION to issue the bonds and levy the tax shall have written or printed
on their ballots the words: "FOR THE ISSUANCE OF THE COURTHOUSE YARD
BONDS AND THE LEVY OF THE TAX ", and those opposed to the THIRD PROPO-
SITION shall have written or printed on their ballots: "AGAINST THE
ISSUANCE OF THE COURTHOUSE YARD BONDS AND THE LEVY OF THE TAX ".
The manner of holding said election shall be governed by
the General Laws of the State of Texas regulating elections.
A copy of this ordinance signed by the Hon. Wilbourn S.
Gibbs, Mayor of the City of Huntsville, Texas, and attested by
Kate Barr Ross, City Secretary of said City, with the seal of said
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City affixed thereto, shall_ serve as proper notice of said elec-
tion.
Notice of said election shall be given by posting a sub-
stantial copy of this election order in each of the wards of the
City of Huntsville, Texas, and also at the City Hall and Fire Sta-
tion within said City. Such notice shall also be published on the
same day in each of two (2) successive weeks in a newspaper of gen-
eral circulation published within said City, the date of the first
publication to be not less than fourteen (14) days prior to the date
set for said election. The provisions of Article 704 of the Revised
Civil Statutes of the State of Texas, as amended, shall control over
any City Charter provisions to the contrary.
This ordinance shall take effect upon its adoption by the
City Council and upon its approval by the Mayor of said City of Hunts-
ville, Texas.
The foregoing ordinance was submitted to the Committee on
Streets and Bridges and to the Airport Committee at a regular ses-
sion thereof held on this 1st day of July, 1947.
/s/ Wilbourn S. Gibbs
MAYOR, CITY OF HUNTSVILLE, TEXAS
We, the undersigned Committee on Streets and Bridges of
the City Council of Huntsville, Texas, and the Airport Committee
of the City Council of Huntsville, Texas, to each of whom the above
and foregoing ordinance was referred, having duly considered the
same, do hereby severally report said ordinance back to the Council
with the recommendation that the same be adopted with the emergency
clause putting this ordinance into efect upon its adoption and
approval.
/s/ Sam Robbins
/s/ Wilbur L. Smither
/s/ Victor Randel
COMMITTEE ON STREETS & BRIDGES
/s/ W. T. Robinson
/s/ Wilbur L. Smither
/s/ J. 0. Thompson
AIRPORT COMMITTEE
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The above and foregoing ordinance, upon motion duly made
and seconded, was adopted by unanimous vote of said Council, and
approved by the Mayor in open council, this 1st day of July, 1947.
(SEAL)
ATTEST:
/s/ Wilbourn S. Gibbs
MAYOR, CITY OF HUNTSVII..LE, TEXAS
/s/ Kate Barr Ross
CITY SECRETARY