ORD CC 04/02/1929 - special improvement warrants to build fire station & municipal buildingAN ORDIWCB OF TIM CITY OF MOTSVII11t
TI-A.-A.3 $ AUTHDRIZING THB ISSUANC3 CF 823-
CIAL 12UMOVIMM 16ARRANTS FOri M,':
POSE OF THE AMCKNrZ OR TA"I'l,"
C0113TRUCTION OF A FIRE ��T,TIOM "M MM-
CIPAL BUIWM FOR TIM CITY 03 WNTSVILLL',
TEXASIg AND PROVIDING FOR TIM LMING AM
COIUCTING OF A TAX TO PAY TIM INTiMiNST
.AM PRINCIPAL OF "AID 'WARRMS -AT,
WiTURITY.
IMT,ksf the City Council of the city of Ifuntsvillot
Tex a# hjo he: etofore deemed it advisable and necessary to purchase
or purchase qn�i construct a fire station and minicipzl building for
the
City of Huntvville# Texast au ect forth in an Ordinance PIuly,
adopted and enteied upon the Minutes Of .'Aid Councils
3rd day of December, 1928; -..tndp
Pursuant to P'Jaid Ordinance, a contract b.-,B be
made for the pureltrise of the nitQ for .�aid buildingv
specifications h,-tve been prepared =d accepted by
advertisement for Ads ha,.; been Auly nxlde, .ind ._,.ids received therefor;
And j
a contract for thc construction of said buildinz wa�
to 14,Put3C3wtv on the 5th t',Iay of 7.1-irchp 191,191, he being the lowest
and -�eot idder th*T,four; and#
-V1Mjj,-,,,%S0 thg e: id J41j.,,UtAr-km has entered into %,! contract Vith
the said City of awtsvilleg Tey,-u:,y for the constriiction of iid
fire station and municipal buildingr in accordance :pith the plans and
specifications therctofore lidopteds and ji,-Is ,Aven `z and in the sun of
,ion
Thousand Joll.,,tre
(','10,000*'1)0)#' for then;
faithful
perfOrMAnce Of
4
said
Contract, with
the Mk-tryland C.,.tourx1ty
Comp"Iny as
gurety the.-con; and
':Ifftr'-REASI the total estimated cost of the cite for oaid
fire ,,tat ion and municipal building .--4.nd the coat of t1w construction
o. c,aid 'L)ullding Igs -,3ppr�,xjmtely tim of Twenty Thouamd Dollars
TMR!FCFMr BB IT ORD�I= BY TX. CITY COUNCIL 01' TH.'--' CITY CF
=3MSVILIXV T �S$
UE
-'2.-
lo—That Warr anto of A,jaid City, to be c,,.;,'Ilod City of
Huntsville Ee'Pecial Improire ant Varrants. be is sued under and by
virtue of the Constitution and Laws of the State of Tex.n.s# for the
Purz,Ose Of ;wWing for the purcliaze or the rchise n co ns ruction
of a fire station and municipal building for the z,.',«id City of
HUntuvillep Texaop under and by virtue of an Ordim-Ince duly rwide
and entered in the 71nutca of oaid Councilp under date of ,.,)Gcember
19'.8, rminin,7, the nt.,ccf�aity :end advicability of the purchase
9,38p detc
or the purcil-rioc -&nd construction of a fire station and municip,41
building for cain. City and the warrants hereby -tuthorized to be issued
are to be paid for out of the taXes to be leviodp ao he --,cinafter
more fully not forth*
Mb-- -acid. Special Improllement 'Arrants shall be numbered
from Quo to Fort7# Inclusive, shall be of the enomination of
.Five Hundred Dollars ($500#oo) each, &Wegating the DUM of
renty Thousand Do llaxe
)0000-00). ThW aball be dated the
15th day of -.kprilp 1929„ and chrill become due and payable su Sri ,;ally ,
r ant
RX&LICIpal -12
Intgrep't DIA0
T2%1
4-15-30
$500000
ta000.00
411500000
2
4-15.31
300000
V70*00
1475900
11-15-32
500000
950.00
1430.00
4
4-15-33
500,00
925#�0
1425. 10
4-15-34
500,00
900000
1400o0O
tl
6-15-35
500*00
875*00
1375000
7
4.15-36
500.00
850#00
1350,o0
a
4-15-37
50U*U0
825*00
1325#00
9
4-15•38
500900
800000
1300#00
10
4-15-39
500.00
77500
1275.00
11
4-15-40
500600
750* 00
1250*00
12
4-15-41
500*00
725#00
1225*00
13
4-15-42
500,00
MOO
1200#00
14
4-15-43
500000
675100
1175*J-o
15
4-15-"
500000
650000
1150*00
16
4-15-45
500000
625#00
1125*00
17
18
4-15-46
4-15
500000
600000
1100,00
-457
500000
575,00
1075. ,0
19
4-15-43
500000
550000
1050000
20
4-15-49
500000
525000
1025#00
"arant
Date of
Princ ipal i7ue
Interest Due
Total
_1 t u r 1 ty
'11�
21 -22
-1
4-5-50
$1000.00
$50.00
Y1500.00
1450,,0
23-24
4-i5_51
1000.00
1000000
450.00
400,00
1400.1,'�O
25-26
27-28
4-15-52
4-15-53
1000.00
350.00
350 00
1.
29-30
4-15-54
1000.00
300.00
1390,00
1250*00
31 -32
33-34
4-15-55
4-15-56
1000.00
11000*00
250,00
200.00
1200,00
35-36
4-15-57
1000 00
150.00
1150,00
37-33
4-15-58
1000.00
100.00
1100,00
39-4('
4-15-59
1000.00
50.00
-.50,00
III.—They
shall bear interest
from date at the rate
of five
per cent per amiump
payable semi-annually on the 15th day of
April,
and 15th day of October
of each year#
which may 'be evidenced
by
C ui)ons attached to each of said 'Rarrantse
IV. Principal raid interest shall be payable upon prezentation
and surrender of 6�'arrants or proper Coupons, in lawful money of the
United States, at Huntsville, Texas,
V. Said 'warrants shall be ,signed by the Mayor*
countersigned by the City Secretary, and registered by the City
Treasurer, and the seal of said City shall be impressed upon
The fac similt signatures of the IRT'Vor and City Secret.',rY
may be lithographed upon the Coupons attached to said '4arrants*
VII, The form of '�`a.�rjpnt shall be substantially as follows$
The City Of Mntsville, lu the County of 14 ,ksr and State
of Textat for a va table consideration# acknowledges itself indebted
2nd hereby obligates itself tQ PAY to bearer, on the 15th dV, of
.,pr i;l., l , at for hunts v ille State Bank of hunt Mlle, `fe :t , the
ar
"""".'r."r". "°'w, .,.•M�ww w+MVe"+Y 4 E e �q{ i -'c (j {'y
�.L T.�;M1 ���$,� #1.��./ti�{i� ��F,�iiLl it (�V �•►sw..... ,. w+w +r our '•F r.Fr+MF+!
i:n lawful .*coney of the United
JtAltez of America, to etj-,er -�)fth intere
thereon fron date hereof at the rate of five per cant per annum, st
yahle semiannualiyt of the 16th day Of April and tue loth day of
October Of cacti year, uPon prelientation and surre er of
proPOr Coupon; orttlicj: a ;�� �E � id t: City i o obl i €� � ted n h� re a" tt or
top t0 aGa 1�r °. nd the - r €atiuier of sair City izi hereby presses
ordered and dire tted to - Wirer, at axe Y atxthori�sed
Of Ifunt;'vi:lie, Texa - ", the said � cat f�! "iY#� Hundred �o�l�ret t� 'r��
on the 15th d ao * CC ,
o r il, .."�,� the to Of M°�,t;zri t of thI s warrant.
In full settlement of the gum licreby + videncedy fro t� �s�n�ye belonging
to the i t T 3 xt3v�ertt r °Int ' °� Jud off` r°fji:Y it e�ri+ d , ae0e t ed
<I crewed for t. t pur v c,
This Warrant is one: of a series of Forty <�rr, iite, known
City of Huntsville +ata1 ���, }rovcxcent �`azr,%nt0
, ►+eeutirely f.+rFcaa Dollar* g� llwg tst/�1q"41 �y�! /y i } psi ► }n�=b regd tc��ary.,�n. �i g�
5.i'd Fi7fo Hundred $/oJ»..k*�i+lo (iii4l tJ�i.��)�WiWCh �a4�sS.i{�i7 ��L:� H� 7Pisi� 'x.�a �1;i� +41F.K�i �.�i✓F�F
X,000 000) all of -ahi+ch Warrants are is Sued for
the, urpo e e of plying for the cost of t1le
str�uction of a fire station and municipal„ ba`ildhain� or he arid
of c•on_
114tit6villop Tc i.v$ in accordance with an r. inanoc of said City#
heretofore .a%r mvide °tnd tntered of record letermining the necessity
and advisability Of the purchase or vurchase d construction of a fire
station =.rt.: zwAni.cipal building for said Cityt
po ., ent of st,.� e��,arr�cnnt+e b he $ and proviin : ~'or tkie
e 71ug Of a tax eufftoiont to ply°
t .c int ch c . t acc:rui thereon : -Ad the principal oi` 6414 fax into, as
Wile "Aturee Said City bavitZ, entered into a contract for the purghass
Of a cAte for paid fire station nd municl; l building and lvavbg
adopted plans and OpO cificat ionic tborefor# advertised for l into, received
'bids and awarded the contract tl':r f*r and entered into a contx ci. with
the lowest and beet bidder, with Bond* as re Iuired by law, it appearing
t4at tide aggregate tot al coot of the pUrch&se AT t�i�: �'3i1�Ct�� �? :�tl?� ��'}nr
Twenty tiotz of E ti is cxit+e and ,,uid i'ire t tion d municipal buildi ; is
Tucntyho�aaand call rs (C300.00, which aid rca,a and so i:i
czon�Cr pct bas been duly considered tr ikte City C;ouncil.y and the cost
the"' of determined try be reasonable and advisable fry Abe viewpoint of
the C i typ and for which raid sun the e�i id city bas received and will
1 uc.eive 3'ull tr .due anA conoxd.erAtion :end hereby -teknowledires receipt
of ,z.;' aide e
It is known and uncle: otood that this 4;lrrar t, s well -.e X1,1
others of this Goriest Jx issued for the 0010 purpose and intent of
creating a sufficient Rind in cash# for the - o PMLY ing for tie
oast of the purchase or purc.t ise d construct ion of caid sire Lion
and W :nic pnl buildings rand t aat bsae warrants � °e aut'har 'sd d issued
strictly in scecardonee Frith la . - =.nd the same. �e to be end �, nl.l be
aa3,d out ca " the Special , .de, created and set aside out of the
ar nuntl levy of taxes v itliin the limit of One �,,nd 50/14 i Dollars ( 1". )
per -annu<, r. uth rized 'bar l w# and. which said fund 91rill be deesigmtod
as gseci: 1 z prove eat ��sxrant Fu 't, ahich h - -Al be as oss #
co�I.ected and, faet aside for = n.id purpose, .,t the bolder
-5.
sha3l to and mi31 be fully protected, in aceardnnee ',vith the Constitution
wind Laws of the State of Taxis, ,nd, in pursuance of an Ordinance duly
end le .,ally pa sad by the City Council of the City of Ifunts grille s Tex:! s,
on the 2nd day of April, lti29, v,!hich Ordinance is recorded in
�et - ild ("In ok P""Pi'M seq.0 of the �'inutcs of Council.
The date of this 'al'rntp in conformity with the Ordirrince
abovc -,lentioned, is Ap;il I-Z)j, 1�D.29, and it is hereL7 certified Lnd
recited thit all actep conditions rind things required to be dons
preceJent to and In the isouance of this :',,,rrantj have been properly
done, happened am, performed, in regmalar and due time, I'orm and
ranner, %s re,*luired b,,v law# and t4,>'t the total indebtedness of saint
City, includin,- this ►arrant doeo, not exceed the courtitution,--i.1 or
Statutory limitatione
11 ubTIMONY JU74U"07# the City of Huntovilles Tex s! ban
c, used the corporate veAl of a id City to be affixed to trim Warrant, :ad
V,iis arrant to ue signed by the VAvorq countersigned. by the CIIW
.ecretary and registered by the City Treasurer of taid City, this
the 15th day of 1929*
I%Y ! mo {2117 �r'F )Ljnj' 'N"; :;*
Countorsigneds
this lay of 1929,
CYN Tn'.-MM, CITY OF WV,771 M
UX 0
The orm Of Coupon atVohed to each of .aid .rrants
shall be cubetantially to ct)1low-s
NO &
012'5o
TML', CITY ol-,-- hxr3T;'V1L"-'S in the County of Walker -ind �tatt.e
of TeX:-top is justly indebted to boarox in the uuM of
- — ------ TWELU -,XD 50/100 jo"Aj�:;
and the City Treasurer of w id City is hereby authorized and djr-eotod
to pay to btarn'► out of ;�Pccial ImProvement k4arrant Fund of c&j*1 cityt
a4' the IftutevillC �;tate Bankof 1b'UtOviALe.O Texas, on the lath dgy. of
.............. WIP 9 =11 this mamat being six menths,
Inte - r 66- v- -6n-- - c I t Y of AMtsv'11* :;Pecill ImPrOvOment 4arrant jrow
dated April 15, lqLT* to which tY J* Coupon is
alailled 7n—d7S--'a* ',",art thereof.
KATE BA RR Rost '
CITY LINCP'Je'r"IURYI
SAN M KDOMO
MAYOR
"ice
VM*—,A fund is hereby made, created and shall be ,.,et aside
out of the taxers levied for the current year
so long as oaid "i1arrantap or ny of tberij are
cane is 'kesij;rutted an the Special biaprovement
Fund, when collected, elall be set azi(le to
and to nay the prinripal of said Warrantee ac
be ti -:e: ',' f6 or no other ruvposs,
%nd c 0 year thcreaf ter#
outstandingg rand the
};arrant fund, which
pay the curzent interest
they matures, and sirill
IJX.--wIT IS FtRITIL .R 01-01MED by the City Council of the
City of Huntrville# Texasy that *aid orii7,iwtl Ordiwtncep entered
as of date "',ecember 30, 1928, determining Ux, advisability an the
nece--sitY of tIL ;urcliase or purchaze and construction of Na fire
station and municipal builditk.; for said City03s in all things
valid,, and chall be and remain as abs :lute evidence of the neceasity
and -advisability of 'the expenditure of the fundo provided ","Creby,
and th(- of tile city 01,ficialo in the of finid originzal
Ordinances of -date 4'.0ecenber 3g 1923, and a'.1-1 oubsequent procccsdin-v
t1wreunders, are hereby in all thin-,s, -ttif ied %wl confirmed.
X. IT 15 FURTIMU OBVjAIMA) that# to pay interest on said
War ants and discharge the , tj
principal of, the same ox ncy :vcspccti-jely
r,,rtture# a t&x of and it the 7-.tc of seven and one-i1-tif (7*) X=
OentAgn the One Hundred Dollars 0100000) valuation of Vtxable
property in the G"Ay of Huntsville shtil be aonually levied on as .id
property and annwally ac-seesed and collected# or so mach thereof an
shall be necessary# until fill of said Warran'te and :'ntercot Cou,-)ons
are ,,r.i.ids and raid tax Is hererww levied for the cur-rent ,year 11M,
and for each succeeding year that !.-aid arrantol, or any of them,
are outs tand ing , or so r-such thereof an may b(,. aecc.,-:aaryj -,tnd the eame
shall be annually assessed and collected and applied to t1w purposes
n,xTiedo
El
ME
SCI. - -IT IS YM'M' ORD11MM Vat HOnozism MaKinn4y be
and he is hereby authorized to take cjj:-,,rge of said Special Inrovement
Warrants, pending their invCsti�;'twion and approvalo and, u;on their
approval, he h4ve "uthority to deliver said -.i'arranta to the
purchae#r thereof# upon receipt of the proceeds for which uaid - arranta
811:111 have been sold.
THIS aRDINANCI; was :.Iuly- referred to the CO.".'milittee on
Ordinances of the City of Huntsville, Texavi, at a meeting of
said "ouncil, held on the 2nd day of April, 1929, whereat two-Vhirde
of all the members of ::,aid Council were present, and uaid ' Comaittee,
h-Lvia-, considered said Ordinances reported it back to the Council,
with the reconnendation that the z,,=e be adopted, j,Lnd said Ordinance
was duly pa-,#sed -nd approvedp in open Council., this 2n1 day of
1929,
MAYII"'Rt CITY OF YW_'NT::xFjxj'
AT TE T
CP 111JI 1[77714L-27
T10k,
•