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HomeMy WebLinkAboutMinutes - City Council - Regular - 3/19/1946RECESSED REGULAR SESSION. Lubbock, Texas March 19, 1946. The City Commission of the pity of Lubbock, Texas, met at 2 P.M. in Recessed Regular Session, recessed from regular meeting of March 14, 19460 at the regular meeting place in the City Hall, the followi-:g members thereof being present, to -wit: Mayor O.W. Ribble, Commissioners W.B. Price, J. Ray Dickey, F.H. Childress, City Attorney Vaughn E. Wilson, City Manager Homer A. Hunter, City Secretary Lavenia Williams. Absent: Commissioner Hub Jones. Motion by Commissioner Price, seconded by Commissioner Childress, carried unanimously, to authorize publication of Notice, as follows: i4OTIOE TO BIDDERS Sealed proposals aaaressea to Lavenia Williams, City Secretary of the city of Lubbock, Texas, will be received at the office of the �`Ity 6ecretery un- til 2:00 p.m. April 9, 1946, for furnishing all necessary materials, machinery, equipment, superintendence, and labor for Revisions and Additions to Swimming Pool Facilities at McKenzie State Palk. Division I, Revisions and Additions to Buildings, and Division II, Placing Ounite Lining in Pool for City of Lubbock, OWNER, Lubbock, Texas. Bidders must submit Cashier's or Certified Check issued by a bank satis- factory to the Owner, or a Bidder's Bond from a reliable Surety Company, payable without recourse to the order of Lavenia Williams, City Secretary in an amount not less than five (5%) percent of the largest possible bid submitted as a guaranty that Bidder will enter into a contract and execute bond and guaranty in the forms provided within ten (10) days after notice of award of contract to him. Bids. without required check or reposal Bond will not be considered. The Successful Bidder must furnish performance bond on the the amount of 100 percent of the total contract price from holding a permit from the state of Texas to act as surety, or sureties acceptable to the OWNER. attached form in a surety Company or other Surety All lump sum and unit prices must be stated in both script and figures. The Owner reserves the right to reject any or all bids and to waive formalities. In case of ambiguity or lack of clearness in stating the prices in the bids, the Owner reserves the right to consider the most advantageous construction thereof, or to reject the bid. Unreasonable (or "Unbalanced") unit prices will authorize the OWNER to reject any bid. Bidders are expected to inspect the site of the work and to inform them- selves regarding all local conditions. Attention is called to the fact that there must be paid on this project not less than the general prevailing rates of wages which have been established by the OWNER as the following: Skilled Labor $1.00 to $1.75 per hour Semi -skilled Labor $0.85 to $1.00 per hour Unskilled Labor 0.55 per hour Instruction to bidders, proposal forms, specifications, and plans are on file at the office of the City Secretary, City Hall, Lubbock, Texas. Copies may be secured from �.alker & Atcheson, Architects, Palace Theatre Building, Lubbock, Texas, for Division I - Remodelling of Buildings, and from H. N. Roberts & Associates, Consulting Engineers 2415-20th Street, Lubbock, Texas, for Division II Placing Gunite Lining in Pool, upon deposit of $15.00 for each division which deposit will be returned to the CONTRACTOR on sub- mission of a bona fide on the work, with such plans and Specifications; or upon returning the Plans and Specifications immediately after examination of same, and advising the Architects or the Engineers that bid will not be sub- mitted: otherwise, the deposit shall be forfeited. First Publication March 21, 1946 CITY OF LUBBOCK, OWNER Second Publication March 28, 1946 By 0_ W_ RIBBLE. MAYOR ORDINANCE NO. 754 ORDINANCE AUTHORIZING IS_UANCE OF $60,000.00 "CITY OF LUBBOCK, TEXAS, FIRE STATION BUILDING BONDS, SERIES 1946n, DATED MARCH 1, 1946. THE STATE OF TEXAS ) ) COUNTY OF LUBBOCK ) CITY OF LUB30CK ) ON THIS the 19th day of March! 1946, the"City Commission of the City of Lubbock, Texas, convened in called session, at the regular meeting -place thereof in the City Hall, with the following members thereof, to -wit: 0. W. RIBBLE, MAYORP F. H. CHILDRESS, ) J. RAY DICKEY, COMUISSIONERS� W. B. PRICEY ) LAVENIA WILLIAMS, SECRETARY., present, and the following absent: Hub Janes constituting a quorum, when, among .ether proceedings had, were the following: Commissioner W. B. Price presented for the consideration of the City Commission an ordinance authorizing the issuance of 460,000.00 " CITY OF LUBBOCK, TEXAS, FIRE STATION BUILDING BONDS., Series 1946 % dated March 1, 1946 (being parcel of a total issue of 4101,000.00 bonds authorized at the election held -in said City on December 11, 1945). The ordinance was read in full by the City Secretary. Thereupon, Commissioner J. Ray Dickey moved that the rule requiring that no ordinance shall be passed on the day of which it is introduced be suspended, and that in view of the emergency set forth and defined in the preamble to the proposed ordinance, that the same be declared an emergency measure. This motion was duly seconded by Commissioner W. B. Price. The motion carried by the following vote: AYES: Mayor Ribble and Commissioners Childress, Dickey and price. NOES: None. Thereupon, the Mayor announced that the proposed ordinance had been declared an emergency measure by unanimous vote of the Commission. Thereupon, Commissioner W. B. Price moved that the ordinance as read in full by the City Secretary be finally passed and adopted byy the Commission. This motion was seconded by Commissioner J. Ray Dickey, and the motion, carrying with it the final passage and adoption of the ordinance, was unanimously carried by the following vote: AYES: Mayor Ribble and Commissioners Childress, "Ickey and Price. NOES: None. Thereupen, the Mayor announced that the ordinance had been finally passed and adopted by unanimous vote of the Commission, in accordance with the requirements of Secions 15, 16 and 17 of Article IX, of the Lubbock Charter: and the Mayor thereupon signed and approved the ordinance in the presence of the Commission. The ordinance is as follows: "AN ORDINANCE by the City Commission of the Uity of Lubbock, Texas, authorizing the issuance of ors0 000.00 "CITY OF LUBBOCK T'EXASI FIRE STATION BUILiDING BONDS, SERIES 1946 dated March 1, 1946 (being parcel of a total issue of 4101,000.00 bonds authorized at the election held in said City on December 11, 1945), for the purpose of the construction, erection, enlargement and improvement of Fire Station Buildings, purchasing sites therefor, and furnishing and equipping the same in the City of Lubbock: prescribing the form of the bonds and the form of interest coupons; levying a continuing direct annual ad valorem tax on all taxable properties within the limits of said Uity to pay the interest on such bonds and to create a sinking fund for the redemption thereof, and providing for the assessment and collection of such tax; enacting provisions incident and relating to the subject and purpose of this ordinance; and declaring an emergency.' WHEREAS, under and by virtue of an ordinance duly passed and adopted by the City Commission of the City of Lubbock, Texas, on the 20th day of November, 1945, an election was ordered to be held in said City on the llth day of December, 1945, and at which election the following proposition was submitted to the qualified electors of said Uity: uSHALL the Uity Commission of the City of Lubbock b,e authorized to issue the negotiable interest bearing bonds of the Ulty of Lubbock in the amount of 0101,000.00 bearing interest at a rate of not exceeding three and one-half per centum (32�) per annum from date and maturing at such time or times as may be deemed most expedient by the City Commission, serially not later than twenty-five years from their date, for the purpose of the construction, erection, enlargement and improve- ment of Fire Station Buildings, purchasing sites therefor and furnishing and equipping the same in the City of Lubbock; and shall there be annually levied, assessed and collected, while said bonds or any of them are outstanding an ad valorem tax upon all taxable property within said City sufficient in amount to pay the annual interest on said bonds and to provide a sinking fund to pay the principal thereof as the same matures. IM WHEREAS, upon consideration of the returns of said election, the City Commission found that said election had been conducted in the manner prescribed by law, and was in all respects legally held, after due and proper notice as required by law; that due returns of said election had been made by the proper officers; that said election resulted favorably to the issuance of said bonds; that a majority of the qualified electors voting at said election voted in favor of the issuance of said bonds; and that the City Commission is in all things authorized to issue said bonds and to do any and all things necessary an/or convenient in connection therewith; and WHEREAS, it being now determined by the City Commission that it is not desired at this time to issue all of the bonds for 4101,000.00, voted for on the preposition, as aforesaid, and that 460,000.00 is the amount of bonds now desired to be issued, and that the remaining amount of said bonds, to -wit: $41,000.00, shall be issued at a future date or dates when, in the judgment of the City Commission of said City, the amount is needed by the City for the purpose for which it was authorized; and WHEREAS, it is to the best interest of the City that the authorized improvements and construction of the Fire Station buildings be commenced at the earliest possible date, thereby creating this an emergency measure for the immediate preservation of the public peace, property, health and safety, as well as a more efficient administration and operation of the Fire Depart- ment of the municipal government; therefore BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK: ,CTION 1: That the bonds of said Qityy, to be called "CITY C!F LUBBOCK, TEXAS, FIRE STATION BUILDING BONDS, SERIES 1946", be issued under and by virtue of the 6onstitution and lawns of the State of Texas, and the Charter of the City, for the purpose of the construction, erection, enlargement and improvement of Fire Station Buildings, purchasing sites therefor and furnishing and equipping the same in the City of Lubbock, in the principal sum of SIXTY THOUSAND DOLLARS ($60,000.00). SECTION 2: That said bonds shall be numbered consec- utively from One (1) to Sixty (60) inclusive; shall be of the denomination of One Thousand Dollars ( $1,000.00) each, aggregating the sum of Sixty Thousand Dollars ($60,000.00). SECTION 3: That said bonds shell be dated March 1, 1946, and shall mature in accordance with the following schedule: BouD NU�dBERS (All Inclusive) MATURITY DATES AMOUNTS 1 to 2 March 1, 1947 2,000.00 3 to 4 March 1, 1948 2r000.00 5 to 6 March 1, 1949 2,000.00 7 to 8 March 1, 1950 2,000.00 9 to 10 March 1, 1951 21T 000.00 11 to 12 March 1, 1952 2,000.00 13 to 14 March 19 1953 2,000.00 15 to 16 March 1, 1954 2,000.00 17 to 18 March 1, 1955 2,000.00 19 to 20 March 1, 1956 20000.00 21 to 22 March 1, 1957 2,000.00 23 to 24 March 1, 1958 20000.00 25 to 26 March 1, 1959 2,000.00 27 to 28 March 1, 1960 2,000.00 29 to 30 March 1, 1961 2,000.00 31 to 33 March 11 1962 3,000.00 34 to 36 March 1, 1963 3,000.00 37 to 39 March 1, 1964 3,000.00 40 to 42 March 1, 1965 3,000.00 43 to 45 March 1, 1966 3,000.00 46 to 48 March 1, 1967 3,000.00 49 to 51 March 1, 1968 3,000.00 52 to 54 March 1, 1969 3,000.00 55 to 57 March 11 1970 3,000.00 58 to 60 March 11 1971 3,000.00 SECTION 4: That all of said bonds shall bear interest from date until paid at the rate of ONE AND ONE-HALF PER CENTUM (I2,%) per annum, payable on March lst and September 1st in each year, the first interest payment date being March 1, 1947; such interest to be evidenced by proper coupons attached to each of said bonds. SECTION 5: That the principal and interest of said series of bonds shall be payable on presentation and surrender of bonds or proper coupons, in lawful money of the United States of America, at the GUARANTY TRUST COMPANY OF NEW YORK, NEW YORK CITY, NEW YORK. SECTION a: That each of said bonds shall be signed by the Mayor and countersigned by the Uityy Secretary, and the corpor- ate seal of the `CITY OF LUBBOCK, TEXAS", shall be impressed upon each of them. SECTION 7: That the facsimile signature of tft Mayor and City Secretary may be lithographed or printed on the interest coupons attached to said bonds, and shall have the same effect as if they had been signed by them. SECTION That the form of said bonds shall be sub- stantially as follows: NO. UNITED STATES OF AMERICA, $1,000.00 STATE OF TEXAS, COUNTY OF LUBBOCK. CITY OF LUBBOCK, TEXAS FIRE STATION BUILDING BOND, SERIES 1946. UITY OF LUBBOCK, a municipal corporation, of the State of 'Texas, acknowledges itself indebted to and, FOR VALUE RECEIVED, hereby promises to pay to bearer, the sum of ONE THOUSAND DOLLARS (k,000.00), in lawful money of the United States of-merica, on the FIRST DAY OF MARCH, 19-----, with interest thereon from the date hereof until paid, at the rate of UNE AND ONE-HALF PER CENTUM (l2%) per annum, payable on March Ist and September Ist in each year, the first interest payment date being March 1, 1947, on presentation and surrender of the annexed coupons as they sever- ally mature. BOTH PRINCIPAL and interest of this bond are hereby made payable at the GUARANTY TRUST COMPANY OF NEW YORKNEW YORK j� CITY, NEW YORK. , THIS BOND is one of a series of Sixty (60) serial - bonds, numbered from One (1) to Sixty (60), both inclusive, all of said bonds being of the denomination of One 'Thousand Dollars 411000.00) aggregating in amount SIXTY THOUSAND DOLLARS (660,000.005, and issued for the purpose of the construction, erection, enlargement and improvement of Fire Station Buildings, purchasing sites therefor and furnishing and equipping the same in the City of Lubbock, under authority of the Constitution and Laws of the State of Texas, and the Charter of said City, and pursuant to an ordinance duly adopted by the City Commission of the City of Lubbock, Texas, and recorded in the Minutes of said City Commission. IT IS HEREBY CERTIFIED., RECITED hND REPRESENTED that the issuance of this bond and the series of which it is a part is duly authorized by law and by a vote of the qualified property taxpaying voters of the City of Lubbock, Texas, voting at an election held for that purpose within said City on the 11th day of December, 1945; that all acts, conditions, and things required to be done precedent to and in the issuance of this series of bonds, and of this bond, have been properly done and performed and have happened in regular and due time, form and manner as required by law; that sufficient and proper provision for the levy and collection of taxes has been made which, when collected, shall be appropriated exclusively to the payment of this bond and the series of which it is a part, and to the payment of the Interest coupons thereto annexed as the same shall become due; and that the total indebtedness of the City of Lubbock, Texas, including the entire series of bonds of which this is one, does not exceed any constitutional or statutory limitation. INTESTIMONY WHEREOF, the City of Lubbock, Texas, by its City Commission, has caused its corporate seal to be affixed hereto, and this bond to be signed by its Mayor and countersigned by its City Secretary, and the interest coupons hereto attached . to be executed by the lithographed or printed facsimile signatures of the Mayor and City Secretary; the date of this bond, in conform- ity with the ordinance above referred to, being the first day of March, 1946. Mayor, City of Lubbock, Texas COUNTERSIGNED: City Secretary, City of Lubbock, Texas, SECTION 9: That the form of interest coupon shall be substantially as follows: NO. ON THS DAY OF 19 _ the City of Lubbock, a municipal cerporation of the State of Texas, hereby promises to pay to bearer, at the GUARANTY TRUST COMPANY OF NEW YORK, NEW YORK CITY, NEW YORK, the sum of DOLLARS _ ), in lawful money of the United States of America being months' interest on the "CITY OF LUBBOCK, TEXAS, FIRA STATION BUILDING BONDS, SERIES 1946", dated March 1, 1946. Bond No.� City Secretary Mayor SECaTION in: That the following certificate shall be printed on the back of each bond: OFFICE OF COMPTROLLER STATE OF TEXAS REGISTER NO. I HEREBY CERTIFY that there is on file and of record In my office a certificate of the Attorney General of the State of Texas, to the effect that this bond has been examined by him as required by law and that he finds that it has been issued in conformity with the Constitution and laws of the State of Texas, and that it is a valid and binding obligation upon said City of Lubbock, Texas, and said bond has this day been registered by me. WITNESS MY HAND AND SEAL OF OFFICE, AT AUSTIN, TEXAS,, Comptroller of Public Accounts of the State of Texas. SECTION 71: BE IT FURTHER ORDAINED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK: That to pay the interest on said bonds and create a sinking fund sufficient to redeem them at m turity, a tax of ONE AND ONE-FOURTH CENTS ( I& ) an each one hundred dollars valuation of all taxable property in the City of Lubbock, Texas, or such an amount as may be at all times be legally necessary, shall be annually levied on said property and annually assessed and collected,_or so much thereof as shall be necessary, or in addition thereto as may be required, until said bonds with interest thereon have been fully paid* and the said tax of ONE AND ONE-FOURTH CENTS ( ) is here now levied for the current year, and so much thereof as shall be necessary, or in addition thereto as may be required, is hereby levied for each succeeding year while said bonds, or any of them, are out- standing, and the same shall be annually assessed and collected and applied to the purpose named. SECTION 12: BE IT FURTHER ORDAINED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK: That the Mayor of said City shall be and he is hereby authorized to take and have charge of all necessary orders and records pending investigation by the Attorney General of the State of Texas, and shall take and have charge and control of the bonds herein authorized pending their approval by the Attorney General and their registration by the Comptroller of Public Accounts. SECTION 13: AND BE IT FURTHER ORDAINED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK: The fact that it is to the best interest of the City that the authorized construction, erection, enlargement and im- provement of Fire Station Buildings, purchasing sites therefor and furnishing and equipping the same in the City of Lubbock, be cmmmenced at the earliest possible date, creates this an emergency measure for the immediate preservation of the public peace, property, health and safety, as well as a more efficient administration and operation of the Fire Department of the municipal government, demanding that the Charter provisions to the effect that no ordinance shall be passed on the day on which it shall be introduced, be suspend6d, and this ordinance is hereby declared an emergency measure by unanimous vote of the Uity Commission, and the same shall take effect from and after its passage, and it is so ordained. PASSED, this the 19th day of March, 1946. APPROVED, this the 19th day of March 1946. Mayor, City of Lubbock, Texas. ATTEST: City Secretary, City ofubbock, Texas (City Seal) CERTIFICATE OF CITY SECRETARY THE STATE OF TEXAS) COU.4TY OF LUBBOCK CITY OF LUBBOCK }} I Lavenia Williams, City Secretary of the City of Lubbock, texas, DO HEREBY CERTIFY that the foregoing is a true and correct copy of an ordinance authorizing issuance of "CITY OF LUBBOCK,, TEXAS, FIRE STATION BUILDING BONDS, SERIES 1946", adopted by the City Commission of said City on the 19th day of March, 1946 (and of the Minutes pertaining to its adoption), and that it has been properly enrolled, placed in the office of the City Secretary and approved by the %or, having been recorded in Book_ .._page et seq. , of thinutes of said Commission. IN WITNESS YHBRBOF, I have hereunto signed my name officially and affixed the seal of said City, this the 19th day of March, 1946. City Secretary, City of Lubbock, Texas. (City Seal) ORDINANCE NO. 755 ORDINANCE AUTHORIZING ISSUANCE OF 485,000.00 "CITY OF LUBBOCK, TEXAS POLICE STATION BUILDING BONDS, SERIES 19460, dated MARCH 1, 1946. THE STATE OF TEXAS COUNTY OF LUBBOCK ) CITY OF LUBBOCK ) ON THIS the 19th day of March, 1946, the City Commission of the City of Lubbock, Texas, convened in called session, at the regular meeting place thereof in the City Hall, with the following members thereof, to -wit: 0. W. RIBBLB, F. H. CHILDRESS, J. RAY DICKEY, W. B. PRICE, MAYOR, COMMISSIONERS, LAVENIA WILLIAMS, SECRETARY, present, and the following absent: Huh Jones , constituting a quorum, when, among other proceedings had, were the following: Commissioner W. B. Price presented for the consideration of the Gity Commission an ordinance authorizing the issuance of 488,000.OQ "CITY OF LUBBOCK,, TEXAS POLICE STATION BUILDING BONDS, SERIES 194611, dated March 1, 1946. The ordinance was read in full.by the City Secretary. Thereupon, Commissioner J. Ray Dickey moved that the rule requiring that no ordinance shall be passed on the day on which it is introduced be suspended, and that in view of the emergency set forth and defined in the preamble to the proposed ordinance, that the same be declared an emergency measure. This motion was duly seconded by Commissioner V0. B. Price. The motion carried by the following vote: AYES: Mayor Ribble and Commissioners Childress, Dickey and Price. NOBS: None. Thereupon, the Mayor announced that the proposed ordinance had been declared an emergency measure by unanimous vote of the Commission. Thereupon, Commissioner W. B. Price moved that the ordinance as read in full by the City Secretary be finally passed and adopted by the Commission. This motion was seconded by Commissioner J. Ray Dickey, and the motion, carrying with it the final passage and adoption of the ordinance, was unanimously carried by the following vote: AYES: Mayor Ribble and Commissioners Childress, Dickey and Price. NOES: None Thereupon, the Mayor announced that the ordinance had been finally passed and adopted by unanimous vote of the Com- mission, in accordance with the requirements of Sections 15, 16 and 17 of Article IX, of the Lubbock Charter; and the Mayor thereupon signed and approved the ordinance in the presence of the Commission. The ordinance is as follows: "AN ORDINANCE by the City Commission of the City of Lubbock, Texas authorizing the issuance of foe 000.00 'CIfiY OF LUBBOCK TEXAS POLICE STAE ON BUILDING BONDS, SERIES 1946", dated March 1, 1946, for the purpose of the construct- ion, erection, enlargement and improvement of Police Station Buildings and furnishing and equipping the same and purchasing sites therefor in the City of Lubbock; prescribing the form of the bonds and the form of interest coupons; levy- ing a continuing direct annual ad valorem tax on all taxable properties within the limits of said City to pay the interest on such bonds and to create a sinking fund for the redemption thereof, and providing for the assessment and collection of such tax; enacting provisions incident and relating to the subject and purpose of this ordinance; and declaring an emergency." WHEREAS, under and by virtue of an ordinance duly passed and adopted by the City Commission of the City of Lubbock, Texas, on the 20th day of November, 1945, an election was ordered to be held in said City on the filth day of December, 1945, at which election the following proposition was submitted to the qualified electors of said City: "SHALL the City Commission of the Ulty of Lubbock be authorized to issue the negotiable interest bearing bonds of the City of Lubbock in the amount of 088,000.00, bearing interest at a rate of not exceeding three and one-half per eentum (31%) per annum from date and maturing at such time or times as may be deemed most expedient,by the City Commission, serially not later than twenty- five years from their date, for the purpose of the construction, erection, enlargement and improvement of Police Station Buildings and furnishing and equipping the same and purchasing sites therefor in the Uity of Lubbock; and shall there be annually levied, assessed and collecte,', while said bonds or any of them are out- standing, an ad valorem tax upon all taxable property within said City sufficient in amount to pay the annual interest on said bonds and to provide a sinking fund to pay the principal thereof as the same matures. AND WHEREAS, upon consideration of the returns of said election, the City Commission found that said election had been conducted in,the manner prescribed by law, and was in all respects legally held, after due and proper notice as required by law; that due returns of said election had been made by the proper officers; that said election resulted favorably to the issuance of said bonds; that a majority of the qualified electors, voting at said election, voted in favor of the issuance of said bonds; and that the City Commission is in all things authorized to issue said bonds and to do any and all things necessary and/or convenient in connection therewith; and WHEREAS, it is to the best interest of the City that the authorized improvements and construction of the Police Station Buildings be commenced at the earliest possible date, thereby creating this an emergency measure for the immediate preservation of the public peace, property, health and safety, as well as a more efficient administration and operation of the Police Depart- ment of the municipal government; therefore HE IT ORDAINED BY THE CITY CO)84ISSION OF THE CITY OF LUBBOCK: SECTION I: That the bonds of said City to be called "CITY OF LUBBOCK, TEXAS: POLICE STATION BUILDING AONDS SERIES 1946" be issued under and by virtue of the Constitution and 'Laws of the State of Texas, and the Charter of the City, for the purpose of the construction, erection, enlargement and improvement of Police Station Buildings and furnishing and equipping the same and pur- chasing sites therefor in the City of Lubbock, in the principal sum of EIGHTY-EIGHT THOUSAND DOLLARS ($88,000.00). SECTION : That said bonds shall be numbered consec- utively from One 1) to Eighty-eight (SS) inclusive; shall be of the denomination of One Thousand llollars (61,000.00) each, aggre- gating the sum of Eighty -Eight Thousand Dollars (418,000.00) . SECTION 'l: `1' f hat said bonds shall be dated March 1, 1946, and shall mature in accordance with the following schedule; BOND NUMBERS MATURITY DATES AMOUNTS All Inclusive) I to 3 March 1, 1947 0 3,000.00 4 to 6 March 1, 1948 3,000.00 7 to 9 earth 1, 1949 3,000.00 10 to 12 March 1, 1950 3,000.00 13 to 15 March 1, 1951 3,000.00 16 to 18 March 1, 1952 39000.00 19 to 21 March 1, 1953 3,000.00 22 to 24 March 1, 1954 3,000.00 25 to 27 March 1, 1955 3,000.00 28 to 30 March 1, 1956 3,000.00 31 to 33 March 1, 1957 39000.00 34 to 36 March 1, 1958 3,000.00 37 to 40 March 1, 1959 4,000.00 41 to 44 March 1, 1960 4,000.00 45 to 48 March 1, 1961 4,000.00 49 to 52 March 1, 1962 4,000.00 53 to 56 March 1, 1963 41,000.00 57 to 60 March 1, 1964 4,000.00 6l to 64 March 1, 1965 4,O00.00 65 to 68 March 1, 1966 42000.00 69 to 72 March 1, 1967 42000.0u 76 to 16 maren 1, 1968 4,000.00 77 to 80 March 1, 1969 41*000.00 81 to 84 March 1, 1970 4,000.00 85 to 88 March I, 1971 43,000.00 SECTION 4: That all of said bonds shall bear interest from date until paid at the rate of ONE AND ONE-HALF PER CENTUM (I-) per annum, payable on March 1st and September 1st in each year, the first interest payment date being March 1, 1947; such interest to be evidenced by proper coup-ns attached to each of said bonds. SECTION 5: That the principal and interest of said series of bonds shall be payable on presentation and surrender of bonds or proper coupons, in lawful money of the United States of America at the GUARANTY TRUST COMPANY OF NEW YORK, NEW YORK CITY, NEW IORK. SECTION €: That each of said bonds shall be signed by the Mayor and countersigned by the City Secretary, and the corpor- ate seal of the "CITY OF LUBBOCK2 TEXAS', shall be impressed upon each of theca. SECTION 7: That the facsimile signatures of the Mayor and City Secretary may be lithographed or printed on the interest coupons attached to said bonds, and shall have the same effect as if they had been signed by them. SECTION 8: That the form of said bonds shall be sub- stantially as follows: NO, UNITED STATES OF AMERICA, $1,000.00 STATE OF TEXAS COUNTY OF LUBBOCK. CITY OF LUBBOCKY POLICE STATION BUILDING BOND, SERIES 1946. CITY OF LUBBOCK, a municipal corporation, of the State of Texas, acknowledges itself indebted to and, FOR VALUE RECEIVED, hereby promises to pay to bearer, the sum of ONE THOUSAND DOLLARS (i1,000.00), in lawful money of the United States of America, on the FIRST DAY OF MARCH, I9 , with interest thereon from the date thereof until paid, at the rate of ONE AND ONE-HALF PER CENTUM (12%) per annum, payable on March Ist and September 1st in each year, the first interest payment date being March 1, 1947, on presentation and surrender of the annexed coupons as they severally mature. BOTH PRINCIPAL and interest of this bond are hereby made payable at the GUARANTY TRUST COMPANY OF NEW YORK, NEW YORK CITY, NEW YORK. THIS BOND is one of a series of Eighty-eight (88) serial bonds, numbered from One (1) to Eighty-eight (88), both inclusive all of said bonds being of the denomination of One Thousand 6ollars 41,000.00) aggregating in amount EIGHTY-EIGHT THOUSAND DOLLARS {$8g,000.00�, and issued for the purpose of the construction, erection, enlargement and improvement of Police Station Buildings and furnishing and equipping the same and purchasing sites therefor in the City of Lubbock, under authority of the Constitution and Laws of the State of Texas, and the Charter of said City, and pursuant to an ordinance duly adopted by the City Commission of the City of Lubbock, Texas, and recorded in the Minutes of said Oity Commission. IT IS HEREBY CERTIFIED, RECITED AND REPRESENTED that the issuance of this bond and the series of which it is a part is duly authorized by law and by a vote of the qualified property taxpaying voters of the City of Lubbock, Texas, voting at an election held for that purpose within said City on the llth day of December, 1945; that all acts, conditions, and things required to be done precedent to and in the issuance of this series of bonds, and of this bond, have been properly done and performed and have happened in regular and due tire, form and manner as required by lair; that sufficient and proper provision for the levy and collection of texes has been made which, when collected, shall be appropriated exclusively to the payment of this bond and the series of which it is a part, and to the payment of the interest coupons thereto annexed as the same shall become due; and trat the total indebtedness of the City of Lubbock, Texas, including the entire series of bonds of w hbh this is one, does not exceed any constitutional or statutory limitation. IN TESTIMONY ►,HEREOF, the City of Lubbock, Texas, by Its City Commission, has caused its corporate seal to be affixed hereto, and this bond to be signed by its Mayor and countersigned by its City Secretary, anr' the interest coupons hereto 6ttached to be executed by the lithographed or printed facsimile signatures of the Mayor and City Secretary; the date of this bond, in conform- ity with the ordinance above referred to, being the first day of March, 1946. Mayor, City of Lubbock, Texas. uOUNTERSIGNED: City Secretary, City of Lubbock, Texas. SECTION s: That the form of interest coupon shall be substantially as follows: NO.- ON THE DAY OF 19 , the CITY OF LUBBOCK, A MUNICIPAL CORPORATION of the State of Texas hereby promises to pay to bearer, at the GUARANTY TRUST COMPANY OF NEW YORK, NEW YORK CITY, NEW YORK, the sum of DOLLARS �4 ), in lawful money of the United States _f America, being monthst interest on the CITY OF LUBBOCK, TEXAS, POLICE STATION BUILDING BONDS, SERIES 194E", dated March 1, 1946. Bond No. City Secretary. Mayor SECTION In: That the following certificate shall be printed on the back of each bond: OFFICE OF COMPTROLLER STATE OF TEXAS REGISTER NO. I HEREBY CERTIFY that there is on file and of record In my office a certificate of the Attorney Ueneral of the State of Texas, to the effect that this bond has been examined by him as required by law and t'',at he finds that it has been issued in conformity with the Constitution and Laws of the State of Texas, and that it is a valid and binding obligation upon said City of Lubbock, Texas, and said bond has this day been registered by me. ,FITNESS MY HAND AND SEAL OF OFFICE, AT AUSTIN, TEXAS, Comptroller of Public Accounts of the State of Texas. SECTION 11: BE IT FURTHER ORDAINED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK: That to pay the interest on said bonds and create a sinking fund sufficient to redeem t�em at maturity, a tax of One And Three -Fourths CENTS (lam on each one hundred dollars' valuation of all taxable property in the City of Lubbock, Texas, or such an amount as may at all times be legally necessary, shall be annually levied on said property and annually assessed and collected, or so much thereof as shall be necessary, or in addition thereto as may be required, until said bonds with Interest thereon have been ' fullyy aid- and the said tax of T -F CENTS1$¢J is here now levied for the current year, and so much thereof as shall be necessary, or in addition thereto as may be required, is hereby levied for each succeeding year while said bonds, or any of them, are out- standing, and the same shall be annually assessed and collected and applied to the purpose named. SECTION 12: BE IT FURTHER ORDAINED BY THE CITY COMMISSION OF THE CITY OF LUB:30CK: That the Mayor of said City shall be and he is hereby authorized to take and have charge of all necessary orders and records pending investigation by the Attorney General of the State of Texas, and shall take and have charge and control of the bonds herein authorized pending their approval by the Attor- ney General and their registration by the Comptroller of Public accounts. SECTION 13: AND BE IT FURTHER ORDAINED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK: The fact that it is to the best interest of the City that the authorized construction, erection, enlargement and im- provement of Police Station Buildings, purchasing sites therefor and furnishing and equipping the same in the City of Lubbock, be commenced at the earliest possible date, creates this an emergency measure for the immediate preservation of the public peace, prop- erty, health and safety, as well as a more efficient administra- tion and operation of the Police Department of the municipal government, demanding that the charter provisions to the effect that no ordinance shall be passed on the day on which it shall be introduced, be suspended, and this ordinance is hereby de- clared an emergency measure by unanimous vote of the City Com- mission, and the same shall take effect from and after its passage, and it is so ordained. PASSED this the 19th day of March, 1946. APPROVAD� this the 19th day of March, 1946. Mayor, City Of Lubbock, Texas. ATTEST: , r City Secretary, City of Lubbock, 'exas (City Seal) CERTIFICATE OF CITY SECRETARY THE STATE OF TEXAS COUNTY OF LUBBOCK CITY OF LUBa>OCK Is Lavenia Williams, City Secretary of the City of Lubbock, Texas, DO HEREBY CEITIFY that the foregoing is a true and correct copy of an ordinance authorizing issuance of "CITY OF LUBBOCK TEXAS POLICE STATION BUILDING BONDS SERIES 1946% adopted by the City Commission of said Lity on the 19th day of March, 1946 ( and of the Minutes pertaining to its adoption) and that it has been properly enrolled, placed in the office of the City Secretary and approved by the Mayor, having been re- corded in Book -Page at seq., of the Minutes of said Commission. IN V,ITNESS WHEREOF, I have hereunto signed my name officially and affixed the seal of said City, this the l9th day of March, 1946. City Secretary, City of Lubbock, Texas (City Seal) ORDINANCE NO. 756 ORDINANCE AUTHORIZING ISSUANCE OF $60,000.00 "CITY OF LUBBOCK, TEXAS EQUIPMENT STORAGE.AND GARAGA BUILDING BONDS, SERIFS 1946°, DATED MARCH 1, 1946. THE STATE OF TEXAS ) COUNTY OF LUBBOCK ) CITY OF LUBBOCK ) ON THIS the l9th day of March, 1946 the City Commission of the City of Lubbock, Texas, convened in called session, at the regular meeting place thereof in the City Hall, with the following members thereof, to -wit: 0. W. RIBBLE, MAYOR, F. H. CHILDRESS., ) J. RAY DICKEY, ) COMMISSIONERS, W. B. PRICE, ) LAVENIA WILLIAMS, SECRETARY, present, and the following absent: Hub Jones , constituting a quorum, when, among other proceedings had, were the following: Commissioner �V. B. Price presented for the consideration of the city Commission am ordinance authorizing the issuance of 460 000.00 "CITY OF LUBBOCK TEXAS, EQUIPMENT STORAGE AND GARAGE BUILDING BONDS, SERIES 1946dated March 1, 1946. The Ordinance was read in full by the City Secretary. Thereupon, Commissioner J. Ray Dickey moved that the rule reouiring that no ordinance shall be passed on the day on which it is introduced be suspended, and that in view of the emergency set forth and defined in the preakble to the proposed ordinance, that the same be declared an emergency measure. This motion was duly seconded by Commissioner Wi. B. Price. The motion carried by the following vote: AYES: Mayor Ribble and commissioners Childress, Dickey and Price. NOES: None Thereupon, the Mayor announced that the proposed ordinance had been declared an emergency measure by unanimous vote of the 6ommissi6n. Thereupon, Commissioner W. B. Price moved that the ordinance as read in full by the City Secretary be finally passed and adopted by the Commission. This motion was seconded by Commissioner J. Ray Dickey, and the motion, carrying with it the final passage and adoption of the ordinance, was unanimously carried by the following vote: AYES: Mayor Ribble and Commissioners Childress, Dickey and Price. NOES: None. Thereupon, the Mayor announced that the ordinance had been finally passed and adopted by unanimous vote of the Commission, in accordance with the requirements of Sections 15, 16 and 17 of Article IX, of the Lubbock Charter; and the Mayor thereupon signed and approved the ordinance in the presence of the Commission. The ordinance is as follows: uAN ORDINANCE by the City Commission of the City of Lubbock, Texas authorizing the issuance of 460 000.00 'CITY OF LUBBOCK, TEXAS, EQUIPMENT STOLGE AND GARAGE BUILDING BONDS, SERIES 294611, dated March 1, 1946, for the purpose of the construction and erection of an Equipment Storage and Garage Building, purchasing a site therefor and equipping the same in the City of Lubbock; prescribing the form of the bonds and the form of interest coupons; levying d contin- uing direct annual �kd valorem tax on all taxable properties within the limits of said City to pay the interest on such bonds and to create a sinking fund for the redemption thereof, and providing for the assessment and collection of such tax; enacting provisions incident and relating to the subject and purpose of this ordinance; and declaring an emergency." WHEREAS, under and by virtue of an ordinance duly passed and adopted by the City Commission of the City of Lubbock, Texas, on the 20th day of November, 1945, an election was ordered to be held in said City on the llth day of December, 1945, and at which election the following proposition w-s submitted to the qualified electors of said City: 'SHALL the City Commission of the City of Lubbock be authorized to issue the negotiable interest bearing bonds of the City of Lubbock in the amount of 460,000.00 bearing interest at a rate of not exceeding three and one- half per centum (316) per annum from date and maturing at such time or times as may be deemed most expedient by the City Commission, serially, not later than twenty-five yeers from their date, for the purpose of the construction and erection of an Equipment storage and Garage Building, purchasing a site therefor and equipping the same in the City of Lubbock; and shall there be annually levied, assessed and collected, while said bonds or any of them are outstanding, an ad valorem tax upon all taxable property within said City sufficient in a::ount to pay the annual interest on said bonds and to provide a sinking fund to pay the principal thereof as the some matures. AND WHEREAS, upon consideration of the returns of said election, the pity Commission found that said election had been conducted in the manner prescribed by law, and was in all respects legally held, after due and proper notice as required by law; that due returns of said election had been trade by the proper of'f•icers; tnat said election resulted favorably to the issuance of said bonds; that a majority of the qualified electors, voting at said election, voted in favor of the issuance of said bonds; and that the City Commission is in all things authorized to issue said bonds and to do any and all things necessary and/or convenient in connection therewith; and WHEREAS, it being now determined by the City Commission that it is to the best interest of the City that the Authorized Improvements and construction of the Equipment Storage and Garage building be commenced at the earliest possible date, thereby creating this an emergency measure for the immediate preservation of the public peace, property, health and safety, as well as a more efficient administration and operation of all departments of said City using mechanical vehicles and other machinery of the municipal government; therefore BE IT ORDAINED BY THE CITY COMAISSION OF THE CITY OF LUBBOCK: SECTION 1: That the bonds of said City, to be called "CITY OF LUBBOCK, TEXAS, EQUIPMENT STORAGE AND GARAGE BUILDING BONDS, SERIES 1946", be issued under and by virtue of the Con- stitution and Laws of the State of Texas, and the Charter of the City, for the purpose of the Construction and erection of an Equipment Storage and Garage Building, purchasing a site therefor and equipping the same in the City of Lubbock, in the Principal sum of SIXTY THOUSAND DOLLARS ($60,000.00). SECTION That said bonds shall be numbered consec- utively from One (1) to Sixty (60) inclusive; shall be of the denomination of One Thousand Dollars (61,000.00) each, aggregating the sum of Sixty Thousand Dollars ($60,000.00). SECTION 3: That said bonds shall be dated March 1, 1946, and shall mature in accordance with the following schedule: BOND NUMBERS UTURITY DATES AMOUNTS TA-11 Inclusive) 1 to 2 March 1, 1947 29000.00 3 to 4 March 1, 1948 2,000.00 5 to 6 March 1, 1949 22000.00 7 to 8 March 1, 1950 2,000.00 9 to 10 March 1, 1951 2,000.00 11 to 12 March 1, 1952 2,000.00 13 to 14 March 1, 1953 2,000.00 15 to 16 March 12 1954 2,000.00 17 to 18 March 1, 1955 2,000.00 19 to 20 March 1, 1956 22000.00 21 to 22 March 1, 1957 2*000.00 23 to 24 March 1, 1958 2,000.00 25 to 26 March 1, 1959 23,000.00 27 to 28 March 1, 1960 22000.00 29 to 30 March 1, 1961 23P000.00 31 to 33 March 1, 1962 30000.00 34 to 36 March 1, 1963 3,000.00 37 to 39 March 2, 1964 30000.00 40 to 42 March 1, 1965 33,000.00 43 to 45 March 1, 1966 3,000.00 46 to 48 March 1, 1967 3,000.00 49 to 51 March 1, 1968 3,000.00 52 to 54 March 1, 1969 39000.00 55 to 57 March 11 1970 3,000.00 58 to 60 March 1, 1971 3,000.00 SECTION 4: That all of said bonds shall bear interest from date until paid at the rate of ONE AND ONE-HA.LF PER CENTUM (I,%) per annum, payable on March lst and September 1st in each year, the first interest payment date being March 1, 1947; such interest to be evidenced by proper coupons attached to each of said bonds. SECTION 5: That the principal and interest of said series of bonds shall be payable on presentation and surrender of bonds or proper coupons, in lawful money of the United States of America at the GUARANTY TRUST COMPANY OF NEW YORK, NEW YORK CITY, NEW YORk. SECTION a: That each of said bonds shall be signed by the Mayor and countersigned by the City Secretary, and the corpor- ate seal of the CITY OF LUBBOCK., TEXAS"., shall be impressed upon each of them. SECTION 7: That the facsimile signatures of the Mayor and City Secretary may be lithographed or printed on the interest coupons attached to said bonds, and shall have the same effect as if t',ey had been signed by them. SECTION m: That the form of said bonds shall be sub- stantially as follows: NO. UNITED STATES OF AMERICA, $1,000.00 STATE OF TEXAS COUNTY OF LUBBOCK., CITY OF LUBBOCKP TEXAS., E(4UIPMENT STORAGE AND GARAGE BUILDING BOND SERIES 1946. CITY OF LUBBOCK, a municipal corporation, of the State of Texas, acknowledges itself indebted to and, FOR VALUE RECEIVED., hereby promises to pay to bearer, the sum of ONE THOUSAND DOLLARS 41,000.00), in lawful money of the United States of America, on the FIRST DAY OF MARCHr 19 , with interest thereon from the date hereof until paid, at the rate of ONE AND ONE-H«LF PER CENTUM (12 ) per annum, payable on March lst and September lst in each year, the first interest payment date being Harch 1, 1947, on presentation and surrender of the annexed coupons as they severally mature. BOTH PRINCIPAL and interest of this bond are hereby made payable at the GUARANTY TRUST COMPANY OF NEW YORK, NEW YORK CITY! NEU YORK. THIS BOND is one of a series of Sixty (60) serial bonds, numbered from One (1) to Sixty (60), both inclusive, all of said bonds being of the denomination of One Thousand Dollars 1,000.00) aggregating in amount SIXTY THOUSAND DOLLARS( 60,000.00% and issued for the purpose of the construction and erection of an Equipment Storage and Garage Building, purchas- ing a site therefor and equipping the same in the City of Lubbock, under authority of the Constitution and Laws of the State of Texas, and the Charter of said City, and pursuant to an ordinance duly edopted by the City Comm`_ss'on of the City of Lubbock, Texas, and recorded in the Minutes of said City Commission. IT IS HEREBY CERTIFIED., RECITED AND REPRESENTED that the issuance of this bond and the series of which it is a part Is duly authorized by law and by a vote of the qualified property taxpaying voters of the City of Lubbock, Texas, voting at an election held for that purpose within said City on the llth day of December, 1945; that all acts, conditions, and t'ings required to be done precedent to and in the issuance of this series of bonds, and of this bond, have been properly done and pef4formed and have happened in regular and due time, form and manner as required by law; that sufficient and proper provision for the levy and collecti,n of taxes has been made which, when collected, shall be appropriated exclusively to the payment of this bond and the series of which it is a part, and t) the payment of the interest coupons thereto annexed as the same shall become due; and that the total indebtedness of the City of Lubbock, Texas, including the entire series of bonds of which this is one, does not exceed any constitutional or statutory limitation. IN TESTIMONY WHEREOF, the City of Lubbock, Texas, by its City Commission, has caused its corporate seal to be affixed hereto, and this bond to be signed by its Mayor and countersigned by its City Secretary, and the interest coupons hereto attached to be executed by the lithographed or printed facsimile signatures of the Mayor and City Secretary; the date of this bond, in con- formity with the ordinance above referred to, being the first day of March, 1946. Mayor, City of Lubbock, Texas. COUNTERSIGNED: City Secretary, 6ity of Lubbock, Texas (City 5ea1) SECTION 9: That the form of interest coupon shall be substantially as follows: NO. ON ZtHE DAY OF 19 , $ the CITY OF LUBBOCK, a municipal corporation of the State of Texas, hereby promises to pay to bearer, at the GUARANTY TRUST COMPANY OF NEW YORK, NEW YORK CITY, NEW YO:K, the sum of DOLLARS ( ), in lawful money of the United States of America, being months interest on the CITY OF LUBBOCK TEXAS, EQUIPMENT STORAGE AND GARAGE BUILDING BONDS, SERIES 1946dated Me rch 1, 1946. Bond No. City Secretary Mayor SECTION in: That the following certificate shall be printed on the back of each bond: OFFICE OF COMPTROLLER ) STATE OF TEXAS ) REGISTER NO. I HEREBY CERTIFY that there is on file and of record in my office a certificate of the Attorney General of the State of Texas, to the effect that this bond has been examined by him as required by law and that he finds that it has been issued in conformity with the Constitution and Lacs of the State of Texas, and that it is a valid and binding obligation upon said City of Lubbock, Texaw, and said bond has this day been registered by me. WITNESS MY HAND AND SEAL OF OFFICE, AT AUSTIN, TEXAS, Comptroller of Public Accounts of the State of Texas. SECTION 11: BE IT FURTHER ORDAINED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK: That to pay the interest on said bonds and create a sinking fund sufficient to redeem them at maturity, a tax of Ona and OnA-Fourth CENTS (1-419) on each one hundred dollars valuation of all taxable property in the City of Lubbock, Texas, or such an amount as may at all times be legally necessary, shell be annually levied on said property and annually assessed and collected, or so much thereof as shall be necessary, or in addition thereto as im y be required, until said bonds with interest thereon have been fully paid; and the said tax of nnA & o�urth CENTS (lJ56 is here now levied for the current year, and so much thereof as shall be necessary, or in addition thereto as may be required, is hereby levied for each succeeding year while said bonds, or any of them, are outstanding, and the same shall be annually assessed and collected and applied to the purpose named. SECTION 12: BE IT FURTHER ORDAINED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK: That the Mayor of gaid City shall be and he is hereby authorized to take and have charge of all necessary orders and records pending investigation by the Attorney General of the State of 'Texas, and shall take and have charge and control of the bonds herein authorized pending their approval by the Attorney General and their registration by the Comptroller of Public Accounts. SECTION 13: AND BE IT FURTHER ORDAINED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK: The f-et that it is to the best interest of the City that the authorized construction, erection of an Equipment Storage and Garage building, purchasing a site therefor, and equipping the same in the City of Lubbock, be commenced at the earliest possible date, creates this an emergency measure for the immediate preservation of the public peace, property, heQlth and safety, as well as a more efficient administration and operation of all departments of said City using mechanical vehicles and other machinery of the municipal government, demanding that the Charter provisions to the effect that no ordinance shall be passed on the day on which it shall be introduced, be suspended, and this ordinance is hereby declared an emergency measure by unfinimous vote of the City Commission, wind the same shall take effect from and after its passage, and it is so ordained. PASSED, this the 19th day of March, 1946. APPROVED, this the 19th day of March, 1946. 02 Mayor, City of Lubbock, Texas ATTEST: c� l City secretary, City of Lubboe-k, Texas. City Seal) CERTIFICATE OF CITY SECRETARY THE STATE OF TEXAS COUNTY OF LUBr3OCK CITY OF LUB:3OCK I. Lavenia W4111ams, City Secretary of the City of Lubbock, Texas, DO HEREBY CERTIFY that the foregoing is a true and correct copy of an ordinance authorizing issuance of "CITY OF LUBBOCK, TEXAS, EQUIPMENT STORAGE AND GARAGE BUILDING BONDS., SERIES 1946", adopted by the City Commission of said City on the 19th day of March, 1946 ( and of the Minutes pertaining to its adoption), and that it has been properly enrolled, placed In the office of the City Secretary and approved by the Mayor, having been recorded in B�ok_—.page et seq., of the Minutes of said Commission. iN `JITNESS WHEREOF, I have hereunto signed my name officially and affixed the seal of said City, this the l9th day of March, 1946. City Secretary, City of Lubbock, Texas (City Seal) ORDINANCE #757 ORDINANCE AUTHORIZING IS.'UANCE OF $22,000.00 "CITY OF LUBBOCK, TEXAS FIRE EQUIPMENd BONDS, SERIES 1946", DATED MARCH 1, 1946. THE STATE OF TEXAS ) COUNTY OF LUBBOCK ) CITY OF LUBBOCK ) ON THIS the 19th day of March, 1946, the City Commission of the City of Lubbock, Texas, convened in called session, at the regulfir meeting place thereof in the city Hall, with the following members there of, to -wit: 0. W. RIBBLE, MAYOR, F. H. CHILDRESS, ) J. RAY DICKEY, ) COMMISSIONERS, W. B. PRICE, ) LtVENIA WILLIAMS, SECRETARY, present, and the following absent: Hub Jones , constituting a quorum, when, among other proceedings had, were the following. Commissioner W. B. Price presented for the consideration of the City Commission an ordinance authorizing the issuance of �22,000.00 "CITY OF LUBBOCK TEXAS, FIRE EQUIPMENT BONDS, SERIES 1946", dated March 1, 1946 (being parcel of n total issue of 465,000.00 bonds authorized at the election held in said City on December 11, 1945). The ordinance was read in full by the Uity Secretary. Thereupon, Commissioner J. Ray Dickey moved that the rule requiring that no ordinance shall be passed on the day on which it is introduced be aispended, and that in view of the emergency set forth and defined in the preamble to the proposed ordinance, that the same be declared an emergency measure. This motion was duly seconded by Commissioner W. B. Price. The motion carried by the following vote: AYES: Mayor nibble and Commissioners Childress, Oickey and Price. NOES: None Thereupon, the Mayor announced that the proposed ordinance had been declared an emergency measure by unanimous vote of the Commission. Thereupon, Commissioner W., B. Price moved that the ordinance as read in full by the City Secretary be finally passed and adopted by the Commission. This motion was seconded by Commissioner J. Ray Dickey, and the motion, carrying with it the final passage and adoption of the ordinance, was unanimously carried by the following vote: AYES: Mayor Ribble and Commissioners Childress, Dickey and Price. NOES: None. Thereupon, the Mayor announced that the ordinance had been finally passed and adopted by unanimous vote of the Commission, in accordance with the requirements of Section 15, 16 and 17 of Article IX, of the Lubbock Charter; and the Mayor thereupon signed and approved the ordinance in the presence of the Commission. The ordinance is as follows: "AN ORDINANCE by the City Commission of the City of Lubbock, Texas authorizing the issuance of 422 000.00 ICHY OF LUBBOCK, TEXAS, FIRE EQUIP- 1121h BJNDS, SERIES 19461, dated March 1, 1946 (being parcel of a total issue of %i65,000.00 bonds authorized at the election held in said City on December 11, 1945), for the purpose of purchasing and installing apparatus, equipment, engines and machinery for the Fire De artment of said City of Lubbock; prescribing the brm of the bonds and the form of interest coupons; levying a continuing direct annual ad valorem tax on all taxable properties within the limits of said pity to pay the interest on such bonds and to create a sinking fund for the redemption thereof, and providing for the assessment and collection of such tax; enacting provisions incident and relating to the subject and purpose of this ordinance; and declaring an emergency." WHEREAS., under an by virtue of an ordinance duly passed and adopted by the City Commission of the City of Lubbock, Texas, on the 20th day of November, 1945, an election was ordered to be held in said City on the llth day of December, 1945, and at which election the following proposition was submitted to the qualified electors of said City: "SHALL the City Uommissibn of the City of Lubbock be authorized to issue the ne7otiable interest bearing bonds of the City of Lubbock in the amount of 465,000.00, bearing interest at the rate of not exceeding three and one-half per centum (32%) per annum from date and maturing at such time or times as may be deemed most expedient by the Uity Commission of the City of Lubbock, serially, not later than twenty-five years from their date, for the purpose of purchasing and installing apparatus, equipment, engines and machinery for the r'ire Department of said Uity; and shall there be assessed, levied and collected annually, while said bonds or any of them are outstanding, an ad valorem tax upon all taxable property within said City sufficient in amount to pay the annual Interest on said bonds and to provide a sinking fund for the redemption thereof at maturity." AND WHEREAS, Upon consideration of the returns of said election, the City Commission found that said election had been conducted in the manner prescribed by law, and was in all respects legally held, after due and proper notice as required by law; that due returns of sE,id election had been made by the proper officers; that said election resulted favorably to the issuance of said bonds; that a majority of the qualified electors, voting at said election, voted in favor of the issuance of said bonds; and that the City Commission is in all things authorized to issue said bonds and to do any and all things necessary and/or convenient in connection therewith; and WHEREAS, it being now determined by the Uity Commission that it is not desired at this time to issue all of the bonds for 465,000.00, voted for on the proposition, as aforesaid, ^nd that 4229000.00 is the amount of bonds now desired to be issued, and that the remaining amount of said bonds, to -wit: $43,000.00, shall be issued at a future date or dates, when, in the judgment of the Uity Commission of said City, the amount is needed by the City for the purpose for which it was authorized; and WHEREASP it is to the best interest of the Uity that the authorized purchase and installation of apparatus, equipment, engines and machinery for the r'ire Department be made at the earliest possible date, ther*y creating this an emergency measure, for the immediate preservation of the public peace, property, health and safety, as well as a more efficient administration and operation of the Fire Department of the municipal government; therefore bE IT ORDAINED BY THE CITY COM:IISSION OF THE CITY OF LUBBOCK: SECTION 1: That the bonds of said Uity, to be called "CITY OF LUBBOCK, TFEXASP FIRE EQUIPMENT BONDS, SERIES 1946 % be -issued under and by virtue of the Constitution -,ind Laws of the btate of 'Texas, and the Charter of the City, for the purpose of purchasing and installing apparatus, equipment, engines and machinery for the Fire Department of the Uity of Lubbock in the principal sum of TWENTY-TWO THOUSAND DOLLhRS {422,000.003. SECTION 2: That said bonds shill be numbered consec- utively from one (1) to Twenty-two (22), inclusive; shall be of the denomination of One Thousand Dollars 41,000.00) each, aggregating the sum of Twenty -Two `Thousand Dollars (422,060.00) SECTION 3: That said bonds shall be dated March 1, 1946, and shall mature in accordance with the following schedule: BOND NUMBERS MATURITY DATES AMOUNTS lAll Inclusive) 1 March 1, 1947 41,000.00 2 March 1, 1948 1,000.00 3 March 1, 1949 1,000.00 4 March 1, 1950 1,000.00 5 March 1, 1951 1,000.00 6 March 19 1952 11000.00 7 March 1, 1953 10000.00 8 March 1, 1954 1,000.00 9 March 1, 1955 1,000.00 10 March 1, 1956 1,000.00 11 March 1, 1957 1,000.00 12 March 1, 1958 1,000.00 13 March 1, 1959 1,000.00 14 March 1, 1960 1,000.00 15 March 1, 1961 19000.00 16 March 12 1962 1,000.00 17 March 11 1963 1,000.00 18 March 1, 1964 1,000.00 19 March 1, 1965 1,000.00 20 March 1, 1966 1,000.00 21 March 1, 1967 1,000.00 22 March 1, 1968 1,000.00 SECTIO14 4. , That all of said bonds shall bear interest from date until paid at the rate of ONE AND ONE-HALF PER CENTUM (127) per annu4i, payable on March 1st and September 1st in each yec,.r, the first interest payment date being March 1, 1947; such Interest to be evidenced by proper coupons attached to each of said bonds. SECTION 5: That the principal and interest of said series of bonds shall be payable on presentation and surrender of bonds or proper couppons in lawful money of the United States of hmerica at the G0 UNTI TRUST COMPANY OF NEW YORK, NEW YORK CITY, NETORK. SECTION F: That each of said bonds shall be signed by the Mayor and countersigned by the City secretary, and the cor- porate seal of the "CITY OF LUBBOCK, TEXAS", shall be impressed upon each of them. SECTION 7: That the facsimile signatures of the z1ayor and Uity Secretary may be lithographed or printed on the interest coupons attached to said bonds, and shall have the same effect as if they had been signed by them. SECTION a: That the form of said bonds- shall be sub- st6ntially as follows: NO. UNITED STATES OF .AMERICA, �1,000.00 STATE OF TEXAS, COUNT it OF LUBBOCK. CITY OF LUBBOCK, TEXAS FIRE EQ4UIPMENT BOND, SERIES 1946. uITY OF LUBBOCK, a municipal corporation, of the State of Texas, acknowledges itself indebted to -nd, FOR VALUE RECEIVED, hereby promises to pay to bearer, the sum of UNE THOUSAND DOLLARS ($1,000.00) in lawful money of the united States of hmerica, on the r'IRST UY CF MARCH, 19----, with interest thereon from the date hereof until paid, at the rate of ONE AND ONE-HALF PER CENTUM (11,/%) per annum, payable on March 1st and September 1st in each year, the first interest payment date being March 1, 1947, on presentation and surrender of the annexed coupons as they severally mature. nOTH PRINCIPAL and interest of this bond are hereby made payable at the uUARANTY TRUST COMPANY OF NEW YORK, NEW YORK CITY, NEW YORK. THIS BOND is one of a series of 'Twenty -'Two (22) serial bonds, numbered from One (1) to 'Twenty -Two (22) both inclusive, all of said bonds being -)f the denoipination of bne 'Thousand Dollars ( 1,000.00) aggregating in amount 'Twenty -Two 'Thousand Dollars (422,000.005, and issued for the purpose of purchasing and installing apparatus, equipment, engines and machinery for the Tire Department of the Lity of Lubbock, under authority of the Lonstitutinn _.nd Laws of the btate of Texas, and the charter of said Uity, end pursuant to an ordinance duly adopted by the L,ity Uommission of the (-ity of Lubbock, 'Texas, and recorded in the minutes of said Uity Commission. iT IS HEREBY CERTIFIED, RECITED AND REPRESENTED that II the issuance of this bond and the series of shich it is a part Is duly authorized by law and by a vote of the qualified property taxpaying voters of the city of LubbocK, texas, voting at an election held for that purpose within said (ity on the llth day of December, 1945; that all acts, conditions, and things required to be done precedent to and in the issuance of this series of bonds, and of this bond, have been properly done and performed and have happened in regular and due time, form and manner as required by 19w; that sufficient and proper provision for the levy and collection of taxes has been made which, when collected, shall be appropriated exclusively to the payment of this bond and the series of which it is a part, -nd to the payment of the interest coupons thereto annexed as the same shall become due; and that the total indebtedness of the City of Lubbock, Texas, Including the entire series of bonds of which this is one, does not exceed any constitutional or sta-utory limitation. IN TESTIMONY 4kHEREOF, the Uity of Lubbock, Texas, by its City Commission, has caused its corporate seal to be affixed hereto, and this bond to be signed by its Mayor and countersigned by its City Secretary, and the interest coupons hereto attached to be executed by the lithographed or printed facsimile signetures of the jkieyor and City Secretary; the date of this bond, in con- formity with the ordinance above referred to, being the first day of March, 1946. Mayor, City Of L-gbbock, Texas COUNTERSIGNED: City Secretary, City of Lubbock, Texas. SECTION Q: That the form of interest coupon shall be substantially as follows: NO .________ ON THE DAY OF l9 4 the CITY OF LUBBOCK, a municipal corporation of the State of Texas, hereby promises to pay to bearer, E,t the GUARANTY TRUST COMPANY OF NEW YORK, NEV, YORK CITY, NEW YORK, the sum of DOLLARS ), in lawful money of the United States of America being months' interest on the ''CITY OF LUBBOCK, TEXAS, FIRA EQUIPMENT BONDS, SERIES 1946", dated March 1, 1946. Bond No. City Secretary. Mayor SECTION jo: That the following certificate shall be printed on the back of each bond; OFFICE OF COMPTROLLER ) STATE OF TEXAS ) REGISTER NO. I HEREBY CERTIFY that there is on file and of record In my office a cert'ficate of the Attorney General of the State of Texas, to the effect thet this bond has been examined by him as required by law and that he finds that it has been issued in conformity with the constitution and Laws of the State of Texas, and that it is a valid and binding obligation upon said City of Lubbock, Texas, and said bond has this day been registered by rae. WITNESS MY HAND AND SEAL OF OFFICE, AT AUSTIN, TEXAS,. Comptroll of Public Accounts of the State of Texas. SECTION 11: BE IT FURTHER ORDAINED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK: That to pay the interest on said bonds and create a sinking fund sufficient to redeem them at maturity, a tax of SI x-Tgnt;hg of On^ CENTS on_ ench ah=onc� gd dollars' valuation of all taxable property in the City of Lubbock, Texas, or such an amount as may at all times be legally -necessary, shall be annually levied on said property and annually assessed and collected, or so much thereof as shall be necessary, or in addition thereto as may be required, until said bonds with interest thereon have been fully paid; and the said tax of Six-Twnths of Ong CENTS (6/IOd) is here now levied for the current year, and so much thereof as shall be necessary, or in addition thereto as w y be required, is hereby levied for each succeeding year while said bonds, or any of them, are out- standing, and the same shall be annually assessed and collected and applied to the purpose named. SECTION -I?: BE IT FURTHER ORDAINED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK: That the Mayor of said City hall be and he is hereby authorized to take and have charge of all necessary orders and records pending investigation by the Attorney General of the State of Texas, and shall take and have charge and control of the bonds herein authorized pending their approval by the Attorney General and their registration by the Comptroller of Public Accounts. SECTION U. AND BE IT FURTHER ORDAINED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK: The fact that it is to the best interest of the Gity that the authorized purchfise and installation of apparatus,_equip- ment, engines and machinery for the Fire Department of the City of Lubbock, be made at the earliest possible date, creates this an emergency measure for the immediate preservation of the public peace, property, health and safety, as well as a more efficient administration and operation of the Fire Department of the municipal govefnment, demanding that the Charter provisions to the effect that no ordinance shall be passed on the day on which it shall be introduced, be suspended, and this ordinance is hereby declared an emergency measure by unanimous vote of the City Commission, and the same shall take effect from and after its passage, and it is so ordained. PA.�SED, this the 19th day of Wirch 1946. APPROVED, this the 19th day of March, 1946. Mayor, City of Lubbock, Texas ATTEST: /1 City Secretary, City of Lubbock; T-exas. (City Leal) CERTIFICATE OF CITY SECRETARY THE STATE OF TEXAS COUNTY OF LUBBOCK CITY OF LUBBOCK I, Lavenia Williams, City Secretary of the City of Lubbock, Texas, DO HEREBY CERTIFY that the foregoing is a true and correct copy of an ordinance authorizing issuance of "CITY OF LUBBOCK, TEXAS, FIRE E(4UIPMENT BONDS, SERIES 1946", adopted by the City Commission of said City on the 19th day of March, 1946 (and of the Minutes pertaining to its adoption) and that it hss been properly enrolled, placed in the office of the City Secretary and approved by the Mayor, having been recorded in Book Page et seq. , of the Minutes of said Commission. IN WITNESS WHEREOF, I have hereunto signed my name officially and affixed the seal of said City, this the 19th day of March, 1946. City Secretary, City of Lubbock, Texas City Seal) ORDINANCE NO. 758 ORDINANCE AUTHORIZING ISSUANCE OF $64,000.00 OCITY OF LUBBOCK TEXAS, PARK BONDS SERIES 1946`� DATED MARCH 1, 1946. THE STATE OF TEXAS ) COUNTY OF LUBBOCK ) CITY OF LUBBOCK ON THIS the 19th day of March, 1946, the City Commission of the City of Lubbock, Texas, convened in called session, at the regular meeting place thereof in the City Fall, with the following members thereof, to -wit: 0. W. RIBBLE, MAYOR, F. H. CHILDRESS, ) J. RAY DICKEY, ) COMMISSIONER, V. B. PRICE, ) LAVENIA WILLIAMS, SECRETARY, present, and the following absent: Hub Jones , constituting a quorum, when, among other proceedings had, were the following: Commissioner W. B. Price presented for the consideration of the City Commission an ordinance authorizing the issuance of 464,000.00 to OF LUB30CK, TEXAS, PARK BONDS', SERIES 19464, dated March 1, 1946 (being parcel of a total issue of 0155,000.00 bonds authorized at the election held in said City on December 11, 1945) . The ordinance was read in full by the City Secretary. Thereupon, Uommissioner J. Ray Dickey moved that the rule requiring that no ordinance shall be passed on the day on which it is introduced be suspended, and that in view of the emergency set forth and defined in the preamble to the proposed ordinance, that the seme be declared an emergency measure. This motion was duly seconded by Commissioner W. B. Price. The motion carried by the following vote: AYES: Mayor Ribble and Commissioners Childress, Dickey, and Price. NOES: None. Thereupon, the Mayor announced that the proposed ordinance had been declared an emergency -measure by unanimous vote of the Commission. Thereupon, Commissioner W. B. Price moved that the ordinance as read in full by the City Secretary be finally passed and adopted by the Commission. This motion was seconded by Commissioner J. Ray Dickey, and the motion, carrying with it the final passage and adoption of the ordinance, was unanimously carried by the following vote: AYES: Mayor Ribble and Commissioners Childress, Dickey and Price. NOES: None. Thereupon, the Mayor announced that the ordinance had been finally passed and adopted by unanimous vote of the Commission, in accordance with the requirements of Sections 15, 16 and 17 of Article IX, of the Lubbock Charter; and the Mayor thereupon signed and approved the ordinance in the presence of the Commission. The ordinance is as follows: BAN ORDINANCE by the City Commission of the City of Lubbock, Texas authorizing the issuance of $64 000.00 ' CITY OF LUBBOCK, TEXAS, PARK BONDS, SERIES 19461, dated March 1, 1946 (being parcel of a total issue of 4155,000.00 bonds authorized at the election held in said City on December II 1945), for the purpose of purchasing sites for parks and of erecting and constructing improve- ments to the parks of the City of Lubbock, in- cluding raising, grading, filling, terracing, landscape gardening, erecting buildings, estab- lishing walks and paving driveways around, in and through said parks, playgrounds and other public grounds, as well as installing, con- structing, repairing and improving swimming pools, wading pools and other facilities for the recreation of the children and citizens of said City of Lubbock; prescribing the form of the bonds and the form of interest coupons; levying a continuing direct annual ad valorem tax on all taxable properties within the limits of said City to pay the interest on such bonds and to create a sinking fund for the redemption thereof, and providing for the assessment and collection of such tax; enacting provisions incident and relating to the subject and purpose of this ordinance; and declaring an emergency." WHEREAS, under and by virtue of an ordinance duly passed and adopted by the City Commission of the City of Lubbock, Texas, on the 20th day of November, 1945, an election was ordered to be held in said City on the llth day of December, 1945, and at which election the following proposition was submitted to the qualified electors of said City: KSHALL the City Commission of the City of Lubbock be authorized to issue the negotiable interest bearing bonds of the City of Lubbock in the amount of 4155,000.00. bearing interest at a rate of not exceeding three and one- half per centum (3�%) per annum from date and maturing at such time or times as may be deemed most expedient by the City Commission, serially, not later than twenty-five years from their date, for the purpose of purchasing sites for parks and of erecting and constructing improvements to the parks of the City of Lubbock, including raising, grading, filling, terracing, landscape gardening, erect- ing buildings, establishing walks and paving driveways around, in and through said parks, playgrounds and other public grounds, as well as installing, constructing, re- pairing and improving swimming pools, wading pools and other facilities for the recreation of the children and citizens of said City of Lubbock; and shall there be annually assessed, levied and collected upon all taxable property within the City of Lubbock, while said bonds or any of them are outstanding, a tax sufficient in amount to pay the annual interest on such bonds and to provide a sinking fund for the redemption thereof at maturity?" AND WHEREAS, upon consideration of the returns of said election, the Uity Commission found that said election had been conducted in the manner prescribed by law, and was in all respects legally held, aftsr due and proper notice as required by law; that due returns of said election had been made by the proper officers; that said election resulted favorably to the issuance of said bonds; that a majority of the qualified electors, voting at said election, voted in favor of the issuance of said bonds; and that the City Commission is in all things authorized to issue said bonds and to do any and all things necessary and/or convenient in connection therewith; and WHEREAS, it being now determined by the City Commission that it is not desired at this time to issue all of the bonds for 4155,000.00, voted for on the proposition, as aforesaid, and that 464,000.00 is the amount of bonds now desired to be issued, and that the remaining amount of said bonds, to -wit: $91,000.00, shall be issued at a future date or dates when, in the judgment of the City Commission of baid City, the amount is needed by the City for the purpose for which it was authorized: and WHEREAS, it is to the best interest of the City that the authorized purchase of sites for parks, and the erection and construction of improvements to the parks of the City of Lubbock, Including raising, grading, filling, terracing, landscape garden- ing, erecting buildings, establishing walks and paving driveways around, in and through said parks, playgrounds and other public grounds, as well as installing, constructing, repairing and im- proving swimming pools, wading pools, and other facilities for the recreation of the children and citizens of the City of Lubbock, be accomplished at the earliest possible date, thereby creating this an emergency measure for the immediate preservation of the public peace, property, health and safety, as well as a more efficient administration and operation of the Park Department of the municipal government; therefore dE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK: SECTION 1: That the bonds of said City, to be called "CITY OF LUBJOCK, TEXAS, PARK BONDS,, SERIES 1946", be issued under and by virtue of the Constitution and laws of the State of Texas, and the Charter of the City, for the purpose of purchasing sites for parks and of erecting and constructing improvements to the parks of the City of Lubbock, including raising, grading, filling, terracing, landscape gardening, erecting buildings, establishing walks and paving driveways around, in and through said parks, playgrounds and other public grounds, as well as installing, con- structing, repairing and improving swimming pools, wading pools and other facilities for the recreation of the children and citizens of the city of Lubbock, in the principal sum of SIXTY- FOUR THOUSAND DOLLARS ($64,000.00). SECTION g: That said bonds shall be numbered consec- utively from One (1) to Sixty-four (64), inclusive; shall be of the denomination of One Thousand Dollars (61,000.00) each aggre- gating the sum of Sixty -Four 'Thousand ►collars (464,000.005. SECTION 3: That said bonds shall be dated March 1, 1946, and shall mature in accordance with the following schedule: BOND NUN BERS IIATURITY DATES AMOUNTS ill Inclusive) 1-2 March 1, 1947 $2,.000.00 3-4 March 10 1948 2,000.00 5-6 March 1, 1949 2,000.00 7-8 March 1, 1950 2,000.00 9-10 March 1, 1951 2,000.00 11-12 March I, 1952 2,000.00 13-14 March 1, 1953 2,000.00 15-16 March 1, 1954 2,000.00 17-18 March 1, 1955, 2,000.00 19-20 March 1, 1956 2,000.00 21-22 March 1, 1957 2,000.00 23-24-25 March 10 1958 3,000.00 26-27-28 March 1, 1959 3,000.00 29-30-31 March 1, 1960 3,000.00 32-33-34 March 1, 1961 30000.00 35-36-37 March 10 1962 3,000.00 38-39-40 March 1, 1963 3,000.00 41-42-43 March 1, 1964 3,000.00 44-45-46 March 1, 1965 3,000.00 47-48-49 March 1, 1966 3,000.00 50-51-52 March 1, 1967 3,000.00 53-54-55 March 1, 1968 33P000.00 56-57-58 March 1, 1969 3,000.00 59-60-61 March 1, 1970 3,000.00 62-63-64 March 1, 1971 3,000.00 SECTION 4: That all of from date until paid at the rate (12%) per annu4L, payable on March year, the first interest payment interest to be evidenced by prooe said bonds. said bonds shall bear interest of ONE AND ONE-HALF PER CENTUM 1st and Se tember 1st in each date being arch 1, 1947; such r coupons attached to each of SECTION s: That the principal and interest of said series of bonds shall be payable on presentation and surrender of bonds or proper coupons, in lawful money of the United States of America, at the GUARANTY TRUST COMPANY OF NEW YORK, NEW YOR CITY, NEW YORK. SECTION a:. That each of said bonds shall be signed by the Mayor and countersigned byy the City Secretary, and the cor- porate seal of the "CITY OF LUBBOCK, TEXAS", shall be impressed upon each of them. SECTION I: That the facsimile signatures of the Mayor -nd City Secretary may be lithographed or printed on the interest coupons attached to said bonds, and shall have the same effect as If they had been signed by them. SECTION 8: That the form of said bonds shall be sub- stantially as follows: NO. UNITED STATES OF AMERICA, $1,000.00 STATE OF TEXAS, COUNTY OF LUBBOCK, CITY OF LUBBOCK, TEXAS,, PARK BOND, SERIES 1946. CITY OF LUBBOCK, a municipal corporation of the State of Texas, acknowledges itself indebted to and, FOA VALUE RECEIVED hereby promises to pay to bearer, the sum of ONE THOUSAND DOLLARS (91,000.00) in lawful money of the United States of America, on the FIRST UY OF MARCH, 19 , with interest thereon from the date hereof until paid, at the rate of ONE AND ONE-HALF PER CENTUM (12�) per annum, payable on March 1st and September 1st in each year, the first interest payment date being March 1, 1947, on present- ation and surrender of the annexed coupons as they severally mature, BOTH PRINCIPAL and interest of this bond are hereby made payable at the GUARANTY TRUST COMPANY OF WSW YORKK., NEW YORK THIS BOND is one of a series of Sixty -Four (64) serial bonds, numbered from One (1) to Sixty -Four (64) both inclusive, all of said bonds being of the denomination of bne Thousand Dollars (1,000.00) aggregating in amount SIXTY-FOUR THOUSAND DOLLARS ( 64,000,005.. and issued for the purpose of purchasing sites for parks and of erecting and constructing improvements to the parks of the City of Lubbock, including raising, grading, filling, terracing, landscape gardening, erecting buildings, establishing walks and paving driveways around, in and through said parks, play- grounds and other public grounds, as well as installing, construct- ing, repairing and improving swimming pools, wading pools and other facilities for the recreation of the children and citizens of the city of Lubbock, under authority of the Constitution and Laws of the State of Texas, and the charter of said City, and pursuant to an ordinance duly adopted by the City Commission of the City of Lubbock, Texas, and recorded in the Minutes of said City Commission. IT IS HEREBY CERTIFIEDj, RECITED AND REPRESENTED that the issuance of this bond and the series of which it is a part Is duly authorized by law and by a vote of the qualified property taxpaying voteres of the City of Lubbock, 'Texas, voting at an election held for that purpose within said City on the llth day of December, 1945; that all acts, conditions, and things required to be done precedent to and in the issuance of this series of bonds, and of this bond, have been properly done and performed and have happened in regular 8 nd due time, form and manner as required by law; that sufficient and proper provision for the levy and collection of taxes has been made which, when, collected, shall be appropriate:. exclusively to the payment of this bond and the series of which it is a part, and to the payment of the interest coupons thereto annexed as the same shall become due; and that the total indebtedness of the City of Lubbock, Texas, Including the entire series of bonds of which this is one, does not exceed any constitutional or statutory limitation. IN TESTIMONY WHEREOF, the City Of Lubbock, Texas, by its City Commission, has caused its corporate seal to be affixed hereto, and this bond to be signed by its Mayor and countersigned by its City Secretary, and the interest coupons hereto attached to be executed by the lithographed or printed facsimile signQtures of the Mayor and City Secretary; the date of this bond, in conform- ity with the ordinance above referred to, being the first day of March, 1946. Mayor, City of Lubbock, Texas COUNTERSIGNED: City Secretary, City of Lubbock, Texas. SECTION 9: That the form of interest coupon shall be substantially as follows: NO. ON THE DAY OF 19 , 6 The CITY OF LUBBOCK, a municipal corporation of the State of Texas, hereby promises to pap to bearer, at the GUARANTY TRUST COMPANY OF NEW YORK, NEW YORK CITY, NEW YORK, the sum of DOLLARS ( ), in lawful money of the United States of .Lmeriea, being months' interest on the CITY OF LUBBOCK, TEXAS, PARK BONDS, SERIES 1946".. dated March 1, 1946. Bond No. City Secretary. Mayor SECTION in: That the following certificate shall be printed on the back of each bond: OFFICE OF COMPTROLLER } STATE OF TEXAS }} REGISTER NO. I HEREBY CERTIFY that there is on file and of record in my office a certificate of the Attorney general of the State of Texas, to the effect that this bond has been examined by him as required by law and that he finds that it has been issued in conformity with the Constitution and Laws of the State of Texas, and that it is a valid and binding obligation upon said City of Lubbock, Texas, and said bond has this day been registered by me. WITNESS MY H&ND AND SEAL OF OFFICE, AT AUSTIN., TEXAS, Comptroller of Public Accounts of the State of `texas. SECTION 11: BE IT FURTHER ORDAINED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK: That to pay the interest on said bonds and create a sinking fund sufficient to redeem them at maturity, a tax of cane Fsnd one-twnth CENTS (1.15e) on each one hundred dollars' valuation of all taxable property in the City of Lubbock, Texas, or such an amount as may at all times be legally necessary, shall be annually levied on said property and annually assessed end collected, or so much thereof as shall be necessary, or in addition thereto as may be required, until said bonds with interest thereon have been fully paid; and the said tax of nne nnd nnA-tAn,th CENTS (]-I 2�) is here now levied for the current year, and so much thereof as shall be necessary, or in addition thereto as may be required, is hereby levied for each aieceeding year while said bonds, or any of them, are outstanding, anO the same shall be annually assessed and collected and applied to the purpose named. SECTION 1.: BE IT FURTHER ORDAINED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK: That the Mayor of said City shall be and he is hereby authorized to take and have charge of all necessary orders and records pending investigation by the Attorney General of the State of Texas, and shall take and have charge and control of the bonds herein authorized pending their approval by the -attorney General and their registration by the Comptroller of Public accounts. SECTION 13: AND BE IT FURTHER ORDAINED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK: The fact that it is to the best interest of the City that the authorized purchase of sites for parks, and the erection and construction of improvements to the parks of the City of Lubbock, including raising, grading, filling, terracing, land- scape gardening, erecting buildings, establishing walks and paving driveways around, in and through said parks, playgrounds and other public grounds, as well as installing, constructing, repairing and improving swimming pools, wading pools and other facilities for the recreation of the children and citizens of the Uity of Lubbock, be accomplished at the earliest possible date, creates this an emergency measure for the immediate pre- servation of the public peace, property, health and safety, as well as a more efficient administration and operation of the Park Department of the municipal government, demanding that the Charter provisions to the effect that no ordinance shall be passed on the day on which it shell be introduced, be suspended, and this ordinance is hereby declared an emergency measure by unanimous vote of the City Commission, and the same shall take effect from and after its passage, and it is so ordained. PASSED this the 19th day of March, 1946. APPROVkD, this the 19th day of March, 1946. ATTEST: I City Secretary, City of Lubboc , Texas. (City Seal) THE STATE OF TEXAS COUNTY OF LUBBOCK CITY OF LUBBOCK Mayor, City of Lubbock, Texas CERTIFICATE OF CITY SECRETARY I, Lavenia Williams City Secretary of the City of Lubbock, Texas, DO HEREBY CEkTIFY that the foregoing is a true and correct copy of an ordinance authorizing issuance of "CITY OF LUBBOCK, TEXAS., P.&RK BONDS, SERIES 1946", adopted by the City Commission of said City on the 19th day of March, 1946 (and of the Minutes pertaining to its adoption), and that it has been properly enrolled, placed in the office of the City Secretary and approved by the Mayor, having been recorded in Book , page et seq., of the Minutes of said Uommission. IN WITNESS WHEREOF, I have hereunto signed my name officially and affixed the seal of said Ulty, this the 19th day of March, 1946. City Secretary, City of Lubbock, Texas (City Seal) ORDINANCE NO. 759 ORDINANCE AUTHORIZING ISSUANCE OF $36,000.00 "CITY OF LUBBOCK., TEXAS MUNICIPAL AIRPORT IMPROVE- MENT AONDS SERIES 1946", dated MATCH 10 1946. THE STATE OF TEXAS ) ) COUNTY OF LUBBOCK ) CITY OF LUBBOCK ) ON THIS the 19th day of March, 1946, the City Commission of the City of Lubbock, Texas, convened in called session, at the regular meeting place thereof in the City Hall, with the following members thereof, to -wit: 0. W. RIBBLE HAYORI F. H. CHILDRESS, ) J. RAY DICKEY ) COMMISSIONERS, W. B. PRICE., ) LAVENIA WILLIAMS., SECRETARY, present, and the following absent: Hub Jonas , constituting a quorum, when, among other proceedings had, were the following: Commissioner W. B. Price presented for the consideration of the City Commission an ordinance authorizing the issuance of $ 36 000.00 "CITY OF LUBBOCK., TEXAS., MUNICIPAL AIRPORT IMPROVEMENT BONS, SERIES 1946", dated March 13, 1946 (being parcel of a total issue of 4300,000.00 bonds authorized at the election held in said City on December 11, 1945). The ordinance was read in full by the City Secretary. Thereupon, Commissioner J. Ray Dickey moved that the rule requiring that no ordinance shall be passed on the day on which it is introduced be suspended, and that in view of the emergency set forth and defined in the preamble to the proposed ordinance, that the same be declared an emergency measure. This motion was duly carried by the following vote: AYES: Mayor Ribble and Commissioners Childress, Dickey, and Price. NOES: None. Thereupon, the Mayor announced that the proposed ordinance had been declared an emergency measure by unanimous vote of the Commission. Thereupon, Commissioner ti,. B. Price moved that the ordinance as read in full by the City Secretary be finally passed and adopted by the Commission. This motion was seconded by Commissioner J. Ray Dickey, and the motion, carrying with it the final passage and adoption of the ordinance, was unaniriously carried by the following vote: AYES: Mayor Ribble and Commissioners Childress, Dickey and Price. NOES: None. Thereupon, the Mayor announced that the ordinance had been finally passed and adopted by unanimous vote of the Commission, in accordance with the requirements of Sections 15, 16 and 17 of Article IX, of the Lubbock Charter; and the Mayor thereupon signed and approved the ordinance in the presence of the Commission. The ordinance is as follows: "AN ORDINANCE by the City Commission of the City of Lubbock, Texas authorizing the issuance of §36,000.00 'CITY 6F LUBBOCK, TEXAS, MUNICIPAL AIRPORT IMPROVEMENT BONDS, SERIES 1946', dated i March 1, 1946 (being parcel of a total issue of 4300,000.00 bonds authorized at the election held in said City on December 11, 1945), for the purpose of constructing, repairing, erect- ing and improving buildings, hangars and other permanent improvements to the Municipal Airport of the City of Lubbock, including the construct- ion of roads, drives, parking areas, send the purchase and installation of conzrol equipment and machinery and other improvements incidental to the operation of such Municipal Airport in the City of Lubbock; prescribing the form of the bonds and the form of interest coupons; levying a continuing direct annual ad valorem tax on all taxable properties within the limits of said City to pay the interest on such bonds and to create a sinking fund for the redemption thereof, and providing for the assessment and collection of such tax; enacting provisions incident and relating to the subject and purpose of this ordinance; and declaring an emergency. WHEREAS, under and by virtue of an ordinance duly passed and adopted by the City Commission of the Qity of Lubbock, Texas, on the 20th day of 1ilovember, 1945, an election was ordered to be held in said City on the llth day of December, 1945, and at which election the following proposition was submitted to the qualified electors of said City: "SHALL the City Commission of the City of Lubbock be authorized to issue the negotiable interest bearing bonds of the City of Lubbock in the amount of 4300,000.009 bearing interest at a rate of not exceeding three and one- half per centum t3Q%) per annum from date, and maturing at such time or times as may be deemed most expedient by the City Commission, serially, not later than twenty-five years from their date, for the purpose of purchasing sites for parks and of erecting and constructing improvements to the parks of the City of Lubbock, including raising, grad- ing, filling, terracing, landscape gardening, erecting buildings, establishing walks and paving driveways around, in and through said parks, playgrounds and other public grounds, as well as installing, constructing, repairing and improving swimming pools, wading pools and other facilities for the recreation of the children and citizens of said City; and shall there be annually assessed, levied and collected, while said bonds or any of them are out- standing, an ad valorem tax upon all taxable property within said City sufficient in amount to pay the annual interest on said bonds and to provide a sinking fund for the re- demption thereof at maturity." AND WHEREAS, upon consideration of the returns of said election, the City Commission found that said election had been conducted in the manner prescribed by law, and was in all respects legally held, after due and proper notice as required by law; that due returns of said election had been made by the proper officers; that said election resulted favorably to the issuance of said bonds; that a majority of the qualified electors, voting at said election, voted in favor of the issuance of said bonds; and that the City Commission is in all things authorized to issue said bonds and to do any and all things necessary and/or convenient in connection therewith; and WHEREAS, it being now determined by the City Commission that it is nbt desired at this time to issue all of the bonds for $300,000.00, voted for on the proposition, as aforesaid, and that �36,000.00 is the amount of bonds now desired to be issued, and that the remaining amount of said bonds, to -wit: $264,000.00 shall be issued at a future date or dates when, in the judgment of the City Commission of said City, the amount is needed by the City for the purpose for which it was authorized; and WHEREAS, it is to the best interest of the City that the authorized construction, repairs, erection and improvement of buildings, hangars and other permanent improvements to the Municipal Airport of the City cT Lubbock, be commenced at the earliest possible date, thereby creating this an emergency measure for the immediate preservation of the public peace, property, health and safety, as well as a more efficient admin- istration and operation of the Municipal Airport of the municipal government; therefore BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK: SECTION 1: That the bonds of said City to be called "CITY OF LUBBOCK, TEXAS, MUNICIPAL AIRPORT IkPRNEMENT BONDS, SERIES 1946", be issued under and by virtue of the Constitution and Laws of the State of Texas, and the Charter of the City, for the purpose of constructing, repairing, erecting and improving buildings, hangars and other permanent improvements to the Municipal Airport of the City of Lubbock, including the construe-t- ion of roads, drives, parking areas, and the purchase and instal- lation of control equipment and machinery and other improvements incidental to the operation of such Municipal Airport in the City o Lubbock, in the principal sum of THIRTY-SIX THOUSAND DOLLARS ( 36,000.00). SECTION?... That said bonds shall be numbered consec- utively from One (1) to Thirty -Six (36), inclusive; shall be of the denomination of One Thousand Dollars ($1,000.00) each aggre- gating the sum of Thirty -Six Thousand Dollars ($36,000.001. SECTION 3: That said bonds shall be dated March 1, 1946, and shall mature in accordance with the following schedule: BOND NUMBERS MATURITY DATES AMOUNTS A11 inclusive) 1 March 1, 1947 41,000.00 2 March 1, 1948 1,000.00 3 March 1, 1949 1,000.00 4 March 1, 1950 10000.00 5 March 1, 1951 1,000.00 6 March 1, 1952 1,000.00 7 March 1, 1953 1,000.00 8 March 1, 1954 1,000.00 9 March 1, 1955 1,000.00 10 March 1, 1956 1,000.00 11 March 1, 1957 1,000.00 12 March 1, 1958 10000.00 13 March 1, 1959, 1,000.00 14 March 1, 1960 1,000.00 15-16 March 1, 1961 20000.00 17-18 March 1, 1962 20000.00 19-20 March 12 1963 2,000.00 21-22 March 13V 1964 20000.00 23-24 March 1, 1965 2,000.00 25-26 March 1, 1966 23000.00 27-28 March 1, 1967 20000.00 29-30 March 11 1968 2,000.00 31-32 March 1, 1969 23,000.00 33-34 March 1, 1970 2,000.00 35-36 March 1, 1971 20000.00 SECTION 4: That all of said bonds shall bear interest from date until paid at the rate of ONE AND ONE-HALF PER CENTUM (l�) per annum, payable on March lst and September lst in each year, the first interest payment date being March 1, 1947; such interest to be evidenced by proper coupons attached to each of said bonds. SECTION E: That the principal and interest df said series of bonds shall be payable on presentation and surrender of bonds or proper coupons, in lawful money of the United States of America, at the GUARANTY TRUST COMPANY OF NE0: YORK, NEW YORK CITY, NEW YORK. SECTION B. That each of said bonds shall be signed by the Mayor and countersigned by the City Secretary, and the corpor- ate seal of the "CITY OP LUBBOCK, TEXAS", shall be impressed upon each of them. SECTION 2: That the facsimile signatures of the Mayor and City Secretary may be lithographed or printed on the interest coupons attached to said bonds, and shall have the same effect as if they had been signed by them. SECTION a: That the Form of said bonds shall be sub- stantially as follows: NO. UNITED STATES OF AMERICA, STATE OF TEXAS, COUNTY OF LUBBOCK. CITY OF LUBBOCK, TEXAS MUNICIPAL AIRPORT IMPROVEMENT BOND,, SERIES 1946. CITY OF LUBBOCK, a municipal corporation of the State of Texas, acknowledges itself indebted to and, FOA VALUE RECEIVED, hereby promises to pay to bearer, the sum of ONE THOUSAND DOLLARS (61,000.00), in lawful money of the United States of America, on the FIRST DAY OF MARCH, 19 . with interest thereon from the date hereof until paid, at the rate of ONE AND ONE-HALF PER CENTUM (11%) per annum, payable on March lst and beptember 1st in each year, the first interest payment date being March 1, 1947, on presentation and surrender of the annexed coupons as they severally mature. BOTH PRINCIPAL and interest of this bond are hereby made payable at the GUARANTY TRUST COMPANY OF NEW YORK, NEW YORK CITY, NEW YORK. THIS BOND is one of a series of Thirty -Six (36) serial bonds, numbered from One (1) to Thirty -Six i36] both inclusive, all of said bonds being of the denomination of 6NE Thousand Dollars (41,000.00) aggregating in amount THIRTY-SIX THOUSAND DOLLARS ($36,000.00j, and issued for the purpose of constructing, repairing, erecting and improving buildings, hangars and other permanent im- provements to the Municipal Airport of the City of Lubbock, in- cluding the construction of roads, drives, parking areas, and the purchase and installation of control equipment and machinery and other improvements incidental to the operation of such Municipal Airport in the City of Lubbock, under authority of the Constitution and Laws of the State of Texas, and the Charter of said City, and pursuant to an ordinance duly adopted by the City Commission of the City of Lubbock, Texas, and recorded in the Minutes of said City Commission. IT IS HEREBY CERTIFIED, RECITED AND REPRESENTED that the issuance of this bond and the series of which it is a part Is duly authorized by law and by a vote of the qualified property taxpaying voters of the City of Lubbock, Texas, voting at an election held for that purpose within said City on the Ilth day of December, 1945; that all acts, conditions, and things required to be done precedent to and in the issuance of this series of bonds, and of this bond, have been properly done and performed and have happened in regular and due time, form and manner as required by law; that sufficient and proper provision for the levy and col- lection of taxes hes been made which, when collected, shall be appropriated exclusively to the payment of this bond and the series of which it is a part, and to the payment of the interest coupons thereto annexed as the same shall become due; and that the total indebtedness of the City of Lubbock, Texas, including the entire series of bonds of which this is one, does not exceed any constitutional or statutory ligitation. 1N TESTIMONY WHEREOF,, the City of Lubbock, Texas, by its City Commission, has caused its corporate seal to be affixed hereto, and this bond to be signed by its Mayor and countersigned by its City Secretary, and the interest coupons hereto attached to be executed by the lithographed or printed facsimile signatures of the Mayor and City Secretary; the date of this bond, in conform- ity with the ordinance above referred to, being the first day of March, 1946. Mayor, City of Lubbock, Texas. COUNTERSIGNED: City Secretary, City of Lubbock, Texas �3EQT QN A: That the form of interest coupon shall be substantially as follows: No. ON THE DAY OF 19 $ the CITY OF LUBBOCK, a municipal corporation of the State of Texas, hereby promises to pay to bearer, at the GUARANTY TRUST COMPANY OF NEW YORK, NEW YORK CITY,. NEW YORK, the sum of DOLLARS ), in lawful money of the United States of America, being months' interest on the "CITY OF LUBBOCK, TEXAS, MUNICIPAL AIRPORT IMPROVEMENT BONDS, SERIES 1946", dated March 1, 1946. Bond No. City Secretary. Mayor SECTION 10: That the following certificate shall be printed on the back of ev ch bond: OFFICE OF COMPTROLLER ) STATE OF TEXAS ) REGISTER NO. I HEREBY CERTIFY That there is on file and of record in my office a certificate of the Attorney General of the State of Texas, to the effect that this bond has been examined by him as required by law and that he finds that it has been issued in conformity with the constitution and Laws of the State of Texas, and that it is a valid and binding obligation upon said City of Lubbock, Texas, and said bond has this day been registered by me. WITNESS MY HAND AND SEAL OF OFFICE, AT AUSTIN, TEXAS, Comptroller of Public Accounts of the State of Texas. SECTION ii: BE IT FURTHER ORDAINED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK: That to pay the interest on said bonds and create a sinking fund sufficient to redeem them at maturity, a tax of Aix -tenths nf onA CENTS ( ri/lend 1 on each one hundred dollars' valuation of all taxable property in the City of Lubbock, Texas, or such an amount as may at all times be legally necessary, shall be annually levied on said property and annually assessed and collected, or so much thereof as shall be necessary, or in addition thereto as may be required, until said bonds with interest thereon have been fully aid; and the said tax of six -tenths of onA CENTS g t' ) is here now levied for the current year, and so much thereof as shall be necessary, or in addition thereto as may be required, is hereby levied for each succeeding year while said bonds, or any of them, are out- standing, and the same shall be annually assessed and collected and applied to the purpose named. SECTION 12: BE IT FURTHER ORDAINED BY THE CITY COMMISSION OF TH;s CITY OF LUBBOCK: That the Mayor of said City shall be and he is hereby authorized to take and have charge of all necessary orders and records pending investigation by the Attorney General of the State of Texas, and shall take and have charge and control of the bonds herein authorized pending their approval by the Attorney General and their registration by the Comptroller of Public Accounts. SECTION 13: AND BE IT FURTHER ORDAINED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK: The fact that it is to the best interest of the City that the authorized construction, repairs, erection and improve- ment of buildings, hangars and other permanent improvements to the Municipal Airport of the Uity of Lubbock, be commenced at the earliest possible date. creates t1-1s an emergency measure for the immediate preservation of the public peace, property, health, and safety, as well as a more efficient administration and oper- ation of the Municipal Airport of the municipal government, de- manding that the Charter provisions to the effect that no ordinance shall be passed on the day on which it shall be introduced, be suspended, and this ordinance is hereby declared an emergency measure by unanimous vote of the Uity Uommission. and the same shall take effect from and after its passage, and it is so ordained. PASSED, this the 19th day of March, 1946. APPROVED, this the 19th day of March, 1946. ATTEST: L , City Secretary, City of Lu ock, Texas (City Seal) CERTIFICATE OF CITY SECRETARY THE STATE OF TEXAS ) COUNTY OF LUBBOCK )) CITY OF LUBBOCK ) I,, Lavenia Williams City Secretary of the City of Lubbock, Texas, DO HEREBY CERTIFY'that the foregoing is a true and correct copy of an ordinance authorizingg issuance of "CITY OF LUBBOCK.- TEXAS! MUNICIPAL AIRPORT i14PROVEMENT BONDS., SERIES 1946% adopted by the City Commission of said City on the 19th day of March, 1946, (and of the Minutes pertaining to its adoption), and that it has been properly enrolled, placed in the office of the City Secretary and approved by the Mayor, having been recorded in Book Page et seq., of the Minutes of said Commission. IN gITNESS WHEREOF, I have hereunto signed my name officially and affixed the seal of said City, this the 19th day of March, 1946. City Secretary, City of Lubbock, Texas. (City Seal) ORDINANCE NO. 760 ORDINANCE AUTHORIZING ISSUtiNCE OF $300 000.00 "CITY OF LUBBOCK TEXAS PUBLIC BUILDING AUDITORIUM_ COLISAUM BONDS, SERIES 1946". DATED MARCH 1, 1944. THE STATE OF TEXAS COUNTY OF LUBBOCK CITY OF LUBBOCK ON THIS the 19th day of March, 1946, the City Commission of the City of Lubbock, Texas, convened in called session, at the regular meeting place thereof in the City Hall, with the following members thereof, to -wit: 0. W. RIBBLE, MAYOR, F. H. CHILDRESS, ) J. RAY DICKEY, ) W. B. PRICE, ) LAVENIA WILLIAMS, COMMISSDNERS, SECRETARY, present, and the following absent: Hub Jones constituting a quorum, when among other proceedings had, were the following: Commissoner F. H. Childress presented for the consideration of the City Commission an ordinance author- izing the issuance of 4300,000.00 "CITY OF LUBBOCK, TEXAS, PUBLIC BUILDING AUDITORIUM-COLISEUid BONDS, SERIES 1946", dated March 1, 1946 (being parcel of a total issue of $1,750,000.00 bonds authorized at the election held in said City on December 11, 1945). The ordinance was read in full by the City Secretary. Thereupon, Commissioner W. B. Price moved that the rule requiring that no ordinance shall be passed on the day on which it is introduced be suspended, and that in view of the emergency set forth and defined in the preamble to the proposed ordinance, that the same be declared an emergency measure. This motion was duly seconded by Commissioner J. Ray Dickey. The motion carried by the following vote: AYES: Mayor Ribble and Commissioners Childress, Dickey and Price. NOES: None. Thereupon, the Mayor announced that the proposed ordinance had been declared an emergency measure by unanimous vote of the Commission. Thereupon, Commissioner F. H. Childress moved that the ordinance as reed in full by the City Secretary be finally passed and adopted by the Commission. This motion was seconded by Commissioner W. B. Price, and the motion, carrying with it the final passage and adoption of the ordinance, was unanim- ously carried by the following vote: AYES: Mayor Ribble and Commissioners Childress, Dickey and Price. NOES: None. Thereupon, the Mayor announced that the ordinance had been finally passed and adopted by unanimous vote of the Commission, in accordance with the requirements of Sections 15, 16 and 17, of Article iX, of the Lubbock Charter; and the Mayor thereupon signed and approved the ordinance in the presence of the Commission. The ordinance is as follows: "AN ORDI14ANCE by the City Commission of the City of Lubbock, Texas, authorizing the issuance of 4300t000.00 'CITY OF LUBBOCK, TEXAS, PUBLIC BUILDING AUDITORIUM -COLISEUM BONDS, SERIES 1946', dated March 1, 1946 (being parcel of a total issue of V1,750,000.00 bonds authorized at the election held in said City on December 11, 1945), for the purpose of the construction, erection and equipment of a public building and auditorium to be known as the Lubbock Auditorium - Coliseum, and purchasing a site therefor; pre- scribing the form of the bonds and the form of interest coupons, levying a continuing direct annual ad valorem tax on all taxable properties within the limits of said City to pay the inter- est on such bonds and to create a sinking fund for the redemption thereof, and providing for the assessment and collection of such tax; enacting provisions incident and relating to the subject and purpose of this ordinance; and declaring an emergency." WHEREAS, under and by virtue of an ordinance duly passed and adopted by the City Commission of the City of Lub- bock, Texas, on the 20th day of November, 1945, an election was ordered to be held in said City on the llth day of December, 1945, and at which election the following proposition was sub- mitted to the qualified electors of said City: "SHALL the City Commission of the City of Lubbock be authorized to issue the negotiable interest bearing coupon bonds of said City in an amount of 41,750,000.00, bearing interest at a rate of not exceed- ing three and one-half per centum (31.1%) per annum from date and maturing at such time or times as may be deemed most expedient by the City Commission, serially not later than twenty-five years from their date, for the purpose of the construction, erection and equipment of a public building and auditorium to be known as the Lubbock Auditorium -Coliseum, and purchasing a site therefor; and shall there be annually assessed, levied and collected upon all taxable property within the City of Lubbock a tax sufficient in amount to pay the annual interest on such bonds and to provide a sinking fund for the redemption thereof at maturity?" AND <<HEREAS, upon consideration of the returns of said election, the Uity Commission found that said election had been conducted in the manner prescribed by law, and was in all respects legally held, after due and proper notice as re- quired by law; that due returns of said election had been made by the proper officers; that said election resulted favorable, to the issuance of said bonds; that a majority of the qualified electors, voting at said election, voted -in favor of the issu- ance of said bonds; and that the City Commission is in all things authorized to issue said bonds and to do any and all things necessary and/or convenient in connection therewith; and VHEREAS, it being now determined by the City Commis- sion that it is not desired at this time to issue all of the bonds for 61,750,000.00, voted for on the proposition, as afore- said, and that $300,000.00 is the amount of bonds now desired to be issued, and that the remaining amount of said bonds, to -wit: $1,450,000.00, shall be issued at a future date or dates when, In the judgment of the Gity Commission of said City, the amount is needed by the City for the purpose for which it was author- ized; and .JHEREAS, it is to the best interest of the City that the said Public Building Auditorium -Coliseum be erected and equipped at the earliest possible date, thereby creating this an emergency measure for the immediate preservation of the public peace, property, health and safety, as well as a more efficient administration and operation of the Public Property Department of the municipal government; therefore BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK: SECTION ; That the bonds of said City to be called "CITY OF LUBBOCK, TE;US� PUBLIC BUILDING LDITORIUM- COLISEUM BONDS, SERIES 1946". be issued under and by virtue of the Constitution and laws of the State of Texas, and the Charter of the Uity, for the purpose of the construction, erection and equipment of a public building and auditorium to be known as the Lubbock Auditorium -Coliseum and purchasing a site there- for, in the pprincipal sum of THREE HUNDRED THOUSAND DOLLARS (0300,000.00). SECTION 2: That said bonds shall be numbered con- secutively from One (1) to Three Hundred (300), both inclusive; shall be of the denomination of One Thousand Dollars ($1,000.00) each, aggregating the sum of 'THREE HUNDRED THOUSAND DOLLARS 0300,000.00). SECTION 3: That said bonds shall be dated March 1, 1946, and shall mature in accordance with the following schedule: BOND UMBERS MATURITY AMOUNTS (All Inclusive) 1 to 9 March 1, 1947 9,000.00 10 to 19 March 1, 1948 10,000.00 20 to 29 March 1, 1949 10,000.00 30 to 39 March 1, 1950 10,000.00 40 to 49 March 12, 1951 10,000.00 50 to 59 March 1, 1952 10,000.00 60 to 70 March 1, 1953 112000.00 71 to 81 March 1, 1954 11,000.00 82 to 92 March 1, 1955 11,000.00 93 to 103 March 1, 1956 1I,000.00 104 to 114 March 1, 1957 11,000.00 115 to 126 March 11 1958 12,000.00 127 to 138 March 1, 1959 12,000.00 139 to 150 March 1, 1960 12,000.00 151 to 162 March 1, 1961 12,000.00 163 to 175 March 1, 1962 13,000.00 176 to 188 March 1, 1963 13,000.00 189 to 201 March 1, 1964 13,000.00 202 to 214 March I, 1965 13,000.00 215 to 228 March 1, 1966 14,000.00 229 to 242 March I, 1967 14,000.00 243 to 256 March 11 1968 14,000.00 P-57 to 270 March 1, 1969 142000.00 271 to 285 March 1, 1970 15,000.00 286 to 300 March 1, 1971 15,000.00 SECTION 4: That all of said bonds shall bear inter- est from date until paid at the rate of ONE AND ONE-HALF PER CENTUM (12%) per annum, payable on March 1st and September 1st in each year, the first interest payment date being March 1, 1947; such interest to be evidenced by proper coupons attached to each of said bonds. SECTION L. That the principal and interest of said bonds shall be payable on presentation and surrender of bonds or proper coupons, in lawful money of the United States of America, at the GUARANTY TRUST COMPANY OF NMI YORK, NEW YORK CITY, NEW YORK. SECTION 8: That each by the Mayor and countersigned corporate seal of the "CITY F pressed upon each of them. of said bonds shall be signed byy the City Secretary, and the LUBBOCK, TEXAS", shall be im- SECTION 7: That the facsimile signature of the Mayor and City Secretary may be lithographed or printed on the Interest coupons attached to said bonds, and shall have the same effect as if they had been signed by them. SECTION I; That the form of said bonds shall be substantially as follows: NO.� UNITED STATES OF AMERICA, 41,000.00 STATE OF TEXAS, COUNTY OF LUBBOCK, CITY OF LUBBOCK, TEXAS, PUBLIC BUILDING AUDITORIUM -COLISEUM CITY OF LUBBOCK, a municipal corporation, of the State of Texas, acknowledges itself indebted to and, FOR VALUE RECEIVED, hereby promises to pay to bearer, the sum of ONE THOUSAND DOLLARS (41,000.00) in lawful money of the United States of America, on the FIR0 DAY OF MARCH, 19 , with interest thereon from the dat hereof until paid, at the rate of ONE AND ONE-HALF PER CENTUM �11%) per annum, payable on March 1st and September 1st in each year, the first interest payment date being March 1, 1947, on presentation and surrender of the annexed coupons as they severally mature. MOTH PRINCIPAL and interest of this bond are hereby made payable at the GUARANTY TRUST COMPANY OF NEW YORK, NEW YORK CITY= NEW YORK. THIS BOND is one of a series of Three 'hundred (300) serial bonds, numbered from One (1) to Three Hundred (300), both inclusive, all of said bonds be;ng of the denomination of One Thousand Dollars 41,0 0.00), aggregating in amount THREE HUNDRED THOUSAND DOIALARS 4300,000.00), and issued for the pur- pose of the construction, erection and equipment of a public building and auditorium to be known as the Lubbock Auditorium - Coliseum, and purchasing a site therefor, under authority of the Constitution and Laws of the State of Texas, and the Charter of said City, and pursuant to an ordinance duly adopted by the City Commission of the City of Lubbock, Texas, and re- corded in the Minutes of said City Commission. IT ?S HEREBY CERTIFIED, RECITED AND REPRESENTED that the issuance of this bond a.nd the series of which it is a part is duly authorized by law and by a vote of the qualified prop- erty taxpaying voters of the City of Lubbock, Texas, voting at an election held for that purpose within said City on the llth day of December, 1945; that all acts, conditions, and things required to be done precedent to and in the issuance of this series of bonds, and of this bond, have been properly done send performed and have happened in regular and due time, form and manner as required by law; that sufficient and proper provision for the levy and collection of taxes has been made which, when collected, shall be appropriated exclusively to the payment of this bond and the series of which it is a part, and to the pay- ment of the interest coupons thereto annexed as the same shall become due; and that the total indebtedness of the City of Lubbock, Texas, including the entire series of bonds of which this is one, does not exceed any constitutional or statutory limitation. IN TESTIMONY iiHEREOF, the City of Lubbock, Texas, by its City Commission, has caused its corporate seal to be affixed hereto, and this bond to be signed by its Mayor and countersigned by its City Secretary, Pnd tine interest coupons hereto attached to be executed by the lithographed or printed facsimile signatures of the Mayor and City Secretary; the date of th's bond, in con- formity with the ordinance above referred to, being the first day of March, 1946. Mayor, City of Lubbock, Texas. COUNTERSIGNED; City Secretary, City of Lubbock, Texas SECTION 9: That the form of interest coupon shall be substantially as follows: NO. ON THE DAY OF 19 , the CITY OF LUBBOCK, a municipal corporation of the State of Texas, herebpromises to pay to bearer, at the GUARANTY TRUST COMPANY OF N6 YORK, NEW YORK CITY, NEW YORK, the sum of DOLLARS (4 ), in lawful money of the United States of America, being months' interest on the "CITY OF LUBBOCK TEXAS, PUBLIC BUILDING AUDITORIUM -COLISEUM BOND, SERIES 1946dated March 1, 1946. Bond No. City Secretary Mayor SECTION 3n: That the following certificate shall be printed on the back of each bond: OFFICE OF COMPTROLLER ) REGISTER NO. STATE OF TEXAS ) I HEREBY CERTIFY that there is on file and of record in my office a certificate of the Attorney General of the State of Texas, to the effect that this bond has been examined by him as required by I-aw and that he finds that it has been issued in conformity with the Constitution and lfws of the State of Texas, and that it is a valid and binding obligation upon said City of Lubbock, Texas, and said bond has this day been registered by me. WITNESS MY HAND .AND SEAL OF OFFICE, AT AUSTIN, TEXAS, Comptroller of Public Accounts of the 6tate of Texas SECTION 11: BE IT FURTHER ORDAINEI BY THE CITY COMMISSION OF THE CITY OF LUBBOCK: That to pay the interest on said bonds and create a sinking fund sufficient to redeem them at maturity, a tax of Fi vt- and Ei ght-Tenths CENTS 5 8/10 V on each one hundred dollars' valuation of all taxable property in the City of Lubbock, Texas, or such an amount as may at all times be legally necessary, shall be annually levied on said property and annually assessed and collected, or so much thereof as shall be necessary, or in addition thereto as may be required, until said bonds with interest thereon have been fully paid; and the said tax of Five s nd ei ghtt-tenfb®ENTS (5 8/10 f� is here now levied for the current year, and so much thereof as shall be necessary, or in addition thereto as may be required, is hereby levied for each succeeding year while said bonds, or any of them, are outstanding, and the same shall be annually assessed and collected and applied to the purpose named. SECTION 12: BE IT FURTHER ORDAINED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK: That the Mayor of said City shall be and he is hereby authorized to take and have charge of all necessary orders and records pending investigation by the Attorney General of the State of 'Texas, and shall take and have charge and control of the bonds herein authorized pending their approval by the Attorney General and their registration by the Comptroller of Public Accounts. SECTION 13: AND BE IT FURTHER ORDAINED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK: The fact that it is to the best interest of the City that the said Public building Auditorium -Coliseum be erected and equipped at the earliest possible date, creates this an emergency measure for the immediate preservation of the public peace, property, health and safety, as well as a more efficient administration and operation of the Public property Department of the municipal government, demanding that the charter pro- visions to the effect that no ordinance shall be passed on the day on which it shall be introduced, be suspended, and this ordinance is hereby declared an emergency measure by unanimous vote of the City Commission, and the same shall take effect from and after its passage, and it is so ordained. PASSED, this the 19th day of March, 1946. APPROVED, this the 19th day of March, 1946. Mayor, City of Lubbock, Texas. ATTEST* City Secretary, City of Lubbock, Texas. (City Seal) CERTIFICATE OF CITY SECRETARY THE STATE OF TEXAS ) } COUNTY OF LUBBOCK ) CITY OF LUBBOCK I. Lavenia Williams City Secretary of the City of Lubbock, Texas, DO HEREBY CERTIFY that the foregoing is a true and correct copy of an ordinance authorizing issuance of "CITY OF LUBBOCK TEXAS, PUBLIC BUILDING AUDITORIUM - COLISEUM BONDS, SERfES 1946°, dated March 1, 1946, adopted by the City Commission of said City on the 19th day of March, 1946 (and of the Minutes pertaining to its adoption), and that it has been properly enrolled, placed in the office of the City Secretary and approved by the Mayor, having been recorded in Book page et seq., of the Minutes of said Commission. IN WITNESS WHEREOF, I have hereunto signed my name officially and affixed the seal of said City, this the 19th day of March, 1946. City Secretary, City of Lubbock, Texas. (City Seal) ORDINANCE N0. 761 ORDINANCE AUTHORIZING ISSUANCE OF $325 000.00 "CITY OF LUBBOCK, TEXAS, ATBEET IMPROVEMENT BONDS, SERIES 1946" , DATED MARCH 1, 1946. THE STATE OF TEXAS ) COUNTY OF LUBBOCK ) CITY OF LUBBOCK ) ON THIS the 19th day of March, 1946, the City Commission of the City of Lubbock, Texas, convened in called session, at the regular meeting place thereof in the City Hall, with the following members thereof, to -wit: 0. W. RIBBLE, MAYOR, F. H. CHILDRESS, ) J. RAY DICKEY, )) COMMISSIONERS, W. B. PRICE, ) LAVENIA WILLIAMS, SECRETARY, present, and the following absent__ Hub Jonas J, constituting a quorum, when, among other proceedings had, were the following: Commissioner F. H. Childress presented for the con- sideration of the City Commission an ordinance authorizing the issuance of $3E5 000.00 "CITY OF LUBBOCK, TEXAS, STREET IMPROVE" MENT BONDS, SERIES 1946u, dated March 1, 1946 (being parcel of a total issue of 4600 000.00 bonds authorized at the election held in said City on becember 11, 1945). The ordinance was read in full by the City Secretary. Thereupon, Commissioner F. H. Childress moved that the rule requiring that no ordinance shall be passed on the day on which it is introduced be suspended, and that in view of the emergency set forth and defined in the preamble to the proposed ordinance, that the same be declared an emergency measure. This motion was duly seconded by Commissioner W. B. Price. The motion carried by the following vote: AYES: Mayor Ribble and Commissioners Childress, Dickey and Price. NOES: None. Thereupon, the Mayor announced that the proposed ordinance had been declared an emergency measure by unanimous vote of the Commission. Thereupon, Commissioner W. B. Price moved that the ordinance as read in full by the City Secretary be finally passed and adopted by the Commission. This motion was seconded by Commissioner r. H. Childress and the motion, carrying with it the final passage and adoption of the ordinance, was unani- mously carried by the following vote: AYES: Mayor Ribble and Commissioners Childress, Dickey and Price. NOES: None. Thereupon the Mayor announced that the ordinance had been finally passed and adopted by unanimous vote of the Commission, in accordance with the requirements of Sections 15, 16 and 17, of Article IX, of the Lubbock Charter; and the Mayor thereupon signed and approved the ordinance in the presence of the Commission. The ordinance is as follows: u "-AN ORDINANCE by the City Commission of the city of Lubbock, Texas, authorizing the issuance of 4325 000.00 'CITY OF LUBBOCK, TEXAS STREET IMPR6VEMENT BONDS, SERIES I946', dated March 1, 1946 (being parcel of a total issue of 4600,000.00 bonds authorized at the election held in said pity on December 11, 1945), for the purpose of improving, extending and altering public streets, avenues, alleys, highways and boulevards by pav- ing, widening, raising, grading, filling, re- paving or resurfacing the same or otherwise improving such streets and highways, and for the purpose of acquiring the necessary rights - of -way incidental thereto; prescribing the form of the bonds and the form of the interest coupons; levying a continuing direct annual ad valorem tax on all taxable properties within the limits of said City to pay the interest on such bonds and to create a sinking fund for the redemption thereof, and providing for the assess- ment and collection of such tax; enacting pro- visions incident and relating to the subject and purpose of this ordinance; and declaring an emergency. WHEREAS, under and by virtue of an ordinate duly passed and adopted by the City Commission of the City of Lub- bock, Texas, on the 20th day of November, 1945, an election was ordered to be held in said City on the llth day of Decem- ber, 1945, and at which election the following proposition was submitted to the qualified electors of said City: "SHALL the City Commission of the kity of Lubbock be authorized to issue the negotiable interest bearing coupon bonds of the City of Lubbock in the amount of 4600,000.00, bearing interest at a rate of not exceed- ing three and one-half per centum (42%) per annum from date and maturing at such time or times as me be deemed most expedient by the City Commission, serially not later than twenty-five years from their date, for the purpose of improving, extending and altering public streets, ave- nues, alleys, highways and boulevards by paving, widen- ing, raising, grading, filling, repaving or resurfacing the same or otherwise improving such streets and highways, and for the purpose of acquiring the necessary rights -of - way incidental thereto; and shall there be annually assessed, levied and collected upon all taxable property within the City of Lubbock, while said bonds or any of them are outstanding, a tax sufficient in amount to pay the annual interest on such bonds and to provide a sink- ing fund for the redemption thereof at maturity?" AND WHEREAS, upon consideration of the returns of said election, the Qity Commission found that said election had been conducted in the manner prescribed by law., and was in all respects legally held, after due and proper notice as required by law; that due returns of said election had been made by the proper officers; that said election resulted favorably to the issuance of said bonds; that a majority of the qualified electors, voting at said election, voted in favor of the issuance of said bonds; and that the Uity Commis- sion is in all things authorized to issue said bonds and to do any and all things necessary and/or convenient in connection therewith; and ViHEREAS, it being now determined by the City Commis- sion that it is not desired at this time to issue all of the bonds for 4600,000.00, voted for on the proposition, as afore- said, and that 4325,000.00 is the amount of bonds now desired to be issued, and that the remaining amount of said bonds, to - wit: 4275,000.00, shall be issued at a future date or dates when, in the judgment of the City Commission of said City, the amount is needed by the City for the purpose of which it was authorized; and WHEREAS, it is to the best interests of the City that the authorized street improvements be constructed at the earliest possible date, thereby creating this an emergency measure for the immediate preservation of the public peace, property, health and safety, as well as a more efficient ad- ministration and operation of the Street Department of the municipal government; therefore BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK: SECTION 7: That the bonds of said City, to be called "CITY OF LUBBOCK, TEXAS, STREET I.dPROVEMENT BONDS, SERIES 1946", be issued under and by virtue of the Constitu- tion and laws of the State of Texas, and the Charter of the City, for the purpose of improving, extending and altering public streets, avenues, alleys, highways and boulevards by paving widening, raising, grad;.ng, filling, repaving or re- surfacing the same or otherwise improving such streets and highways, and for the purpose of acquiring the necessary rights of way incidentalthereto in the principal BUM of THREE HUNDRED TWENTY-FIVE THOUSAND DOLLARS (6325,000.00). SECTION U That said bonds shall be numbered cop- secutively from One (1) to Three Hundred Twenty-five (3251, both inclusive; shall be of the denomination of One Thousand Dollars (61,000.00) each aggregating the sum of 'THREE HUNDRED TWENTY-FIVE THOUSAND DOLLARS (6325,000.00). SECTION a: That said bonds shall be dated March 1, 1946, and shall mature in accordance with the falla*ing schedule 3OND NUMBERS MATURITY DATES AMOUNTS (All Inclusive) 1 to 10 March 1, 1947 410,000.00 11 to 20 March I, 1948 I0,000.00 21 to 31 March 11 1949 11,000.00 32 to 42 March I, 1950 11,000.00 43 to 53 March 1, 1951 11,000.00 54 to 64 March 1, 1952 11*000.00 65 to 75 March 1, 1953 11,000.00 76 to 87 March 19 1954 129,000.00 88 to 99 March 1, 1955 12,000.00 100 to 111 March I, 1956 12,000.00 112 to 123 March 1, 1957 12,000.00 124 to 136 March I, 1958 13,000.00 137 to 149 March I, 1959 13,000.00 150 to 162 March 1, 1960 13,000.00 163 to 175 March I, 1961 13,000.00 176 to 189 March 1, 1962 14,000.00 190 to 203 March 1, 1963 14,000.00 204 to 217 March I, 1964 141,000.00 218 to 232 March 1, 1965 15,000.00 236 to 247 March 1, 1966 15,000.00 248 to 262 March I, 1967 15,000.00 263 to 277 March 1, 1968 I5,000.00 278 to 293 March I, 1969 169000.00 294 to 309 March 1, 1970 16,000.00 310 to 325 March 1, 1971 16,000.00 SECTION a: That all of said bonds shall bear inter- est from date until paid at the rate of ONE AND ONE-HALF PER CENTUM (11% per annum, payable on March 1st and September lst in each year, the first interest payment date being March 1, 1947: such interest to be evidenced by proper coupons attached to each of said bonds. SECTION 5: That the principal and interest of said bonds shall be payable on presentation and surrender of bonds or proper coupons, in lawful money of the United States of America at the GUARANTY TRUST COMPANY OF NEW YORK, NEW YORK CITY, Nk YORK. SECTION a: That each by the Mayor and countersigned corporate seal of the "CITY OF pressed upon each of them. of said bonds shall be signed byy the Cityy Secretary, and the LUBBOCK, TEXAStl, shall be lm- SECTION 7: That the facsimile signatures of the Mayor and City Secretary may be lithographed or printed on the interest coupons attached to said bonds, and shall have the same effect as if they had been signed by them. SECTION R: That the form of said bonds shall be substantially as follows: NO. UNITED STATES OF AMERICA, $1,000.00 STATE OF TEXAS, COUNTY OF LUBBOCK. CITY OF LUBBOCK, TEXAS, STREET IMPROVEMENT BOND, SERIES 1946. CITY OF LUBBOCK, a municipal corporation, of the State of Texas, acknowledges itself indebted to, and, FOR VALUE RECEIVED, hereby promises to pay to bee.rer, the sum of ONE THOUSAND DOLLARS ($1.,000.00) in lawful money of the United States of Ameriea, on the FIRS DAY OF MARCH, 19 , with interest thereon from the date hereof until paid, at the rate of ONE AND ONE-HALF PER CENTUM (l.%) per annum, payable on March Ist and September 1st in each year, the first interest payment date being March 1, 1.947, on presentation and surrender of the annexed coupons as they severally mature. BOTH PRINCIPAL and interest of this bond are hereby made payable at the GUAR&NTY TRUST COMPANY OF NEW YORK, NEW YORK CITY,, NEW YORK. THIS BOND is one of a series of Three Hundred Twenty-five (325) serial bonds, numbered from One (1) to Three Hundred Twenty-five (325), both inclusive, all of said bonds being of the denomi- nation of One Thousand Dollars ($1,000.00) aggregating in amount THREE HUNDRED TWENTY-FIVE THOUSAND bOLLARS 0325.,000.00). and issued for the purpose of improving, extending and altering public streets, avenues, alleys, highways and boulevards by paving, widening, raising, grading, filling, repaving or re- surfacing the same or otherwise improving such streets and high- ways, and for the purpose of acquiring the necessary rights - of -way incidental thereto, under authority of the Constitution and Laws of the State of Texas, and the Charter of said City, and pursuant to an ordinance duly adopted by the City Commis- sion of the City of Lubbock, Texas, and recorded in the Minutes of said City Commission. IT IS HEREBY CERTIFIED, RECITED AND REPRESENTED that the issuance of this bond and the series of which it is a part Is duly authorized by law and by a vote of the qualified proper- ty taxpaying voters of the City of Lubbock, Texas, voting at an election held for that purpose within said City on the llth day of December, 1945; that all acts, conditions, and things re- quired to be done precedent to and in the issuance of this ®ries of bonds, and of this bond, have been properly done and performed end have happened in regular and due time, form and manner as required by law; that sufficient and proper provision for the levy and collection of taxes has been made which, when collected, shall be appropriated exclusively to the payment of this bond and the series of which it is a part, and to the payment of the Interest coupons thereto annexed as the same shall become due; and that the total indebtedness of the City of Lubbock, Texas, including the entire series of bonds of which this is one, does not exceed any constitutional or statutory limitation. IN TESTIMONY :THEREOF, the City of Lubbock, Texas, by its City Commission, has caused its corporate seal to be affixed hereto, and this bond to be signed by its Mayor and countersigned by its City Secretary, and the interest coupons hereto attached to be executed by the lithographed or printed facsimile signatures of the Mayor and City Secretary; the date of this bond, in con- formity with the ordinance above referred to, being the first day of March, 1946. Mayor, City of Lubbock, Texas. COUNTERSIGNED: City Secretary, City of Lubbock, Texas (City Seal) SECTION 9: That the form of interest coupon shall be substantially as follows: NO. ON THE DAY OF 19 , the CITY OF LUBBOCK, a municipal corporation of the State of Texas, herebyy promises to pay to bearer, at the GUARANTY TRUST COMPA14Y OF NEY� YORK, NEW YORK CITY, NEW YORK, the sum of DOLLARS ($ ) ,. in lawful money of the United States of America, being months interest on the CITY OF LUBBOCK, TEXAS, ATRE.t!T IMPROVEME14T BOND, SERIES 1946" , dated March 11 1946. Bond No. City Secretary Mayor SECTION in: That the following certificate shall be printed on the back of each bond: OFFICE OF COMPTROLLER STATE OF TEXAS REGISTER NO. I HEREBY CERTIFY that there is on file and of record in my office a certificate of the Attorney General of the State of Texas, to the effect that this bond has been examined by him as required by law and that he finds that it has been issued in conformity with the Constitution and laws of the State of Texas, and that it is a valid and binding obligation upon said City of Lubbock, Texas, and said bond has this day been registered by me. 114ITNESS MY HAND AND SEAL OF OFFICE, AT AUSTIN, TE _S, Comptroller of Public Accounts of the State of Texas. SECTION ll: BE IT FURTHER ORDAINED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK: That to pay the interest on said bonds and create a sinking fund sufficient to redeem them at maturity, a tax of Six And Ona-Hiqlf_ CENTS ( B j$ d 3 on each one hundred dollars' valuation of all taxable property in the City of Lubbock, Texas, or such an amount as may at all times be legally necessary, shall be annually levied on said property and annually assessed and collected, or so much thereof as shall he necessary, or in addition thereto as may be required, until said bonds with interest thereon have been full paid; and the said tax of Six -Anti OnP-Hp 1 f CENTS is here now levied for the current year, and so much thereof as shall be necessary, or in addition thereto as may be required, Is hereby levied for each succeeding year while said bonds, or any of them, are outstanding, and the same shall be annually assessed and collected and applied to the purpose named. SECTION 12: BE IT FURTHER ORDAINED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK: That the Mayor of said City Shall be and he is hereby authorized to take and have charge of all necessary orders and records pending investigation by the Attorney Ueneral of the State of Texas, and shall take and have charge and control of the bonds herein authorized pending their approval by the Attorney General and their registration by the Comptroller of Public Accounts. SECTION 13: AND BE IT FURTHER ORDAINED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK: The fact that it is to the best interests of the City that the authorized street improvements be constructed at the earliest possible date, creates this an emergency measure for the immediate preservation of the public peace, property, health and safety, as well as a more efficient administration and operation of the Street Department of the municipal govern- ment, demanding that the Charter provisions to the effect that no ordinance shall be passed on the day on which it shall be introduced, be suspended, and this ordinance is hereby declared an emergency measure by unanimous vote of the City Commission, and the same shall take effect from and after its passage, and it is so ordained. PASSED., this _12_day of March, 1946. APPROVED, this the 19 day of March, 1946. oe- Mayor, City of Lubbock, Texas ATTEST: City Secretary, City of Lubbock, --Texas. (City Seal) CERTIFICATE OF CITY SECRETARY THE STATE OF TEXAS COUNTY OF LUBBOCK CITY OF LUBBOCK I, Lavenia Williams City Secretary of the City of Lubbock, Texas, DO HEREBY CERTIFY that the foregoing is a true and correct copy of an ordinance authorizing issuance of "CITY OF LUBBOCK,, TEXAS, STREET IMPROVEMENT BONDS., SERIES 1946" dated March 1, 1946, adopted by the City Commission of said pity on the _day of March, 1946 ( and of the Minutes pertaining to its adoption), and that it has been properly enrolled, placed in the office of the City Secretary and approved by the Mayor, having been recorded in Book page et seq., of the Minutes of said Commission. IN WITNESS WHEREOFN I have hereunto signed my name officially and affixed the seal of said City, this the _IQ day of March, 1946. City Secretary, City of Lubbock, Texas. (City Seal) IJ ORDINANCE NO. 762 ORDINANCE AUTHORIZING ISSUANCE OF $65,000.00 "CITY OF LUBBOCK, TEXAS STREET LIGHTING BONDS, SERIES 1946", DATED MARCH 1, 1946. THE STATE OF TEXAS ) COUNTY OF LUBBOCK ) CITY OF LUBBOCK ) pN T I�u e 19t da of March 946 h 01I Commission of the Ci y o ock, �exa , convened n cal a sea on, at the regular meeting place thereof in the Uity Hall, with the following members thereof, to -wit: 0. W. RIBBLE, MAYOR, F. H. CHILDRESS., ) J. RAY DICKEY, ) COMMISSIONERS., V.. B. PRICE, ) LAVENIA WILLIAMS, SECRETARY, present, and the following absent: Hub Jnnes constituting a quorum, when, among other proceedings had, were the following: Commissioner F. H. Childress, presented for the consider- ation of the City Commission an ordinance authorizing the issuance of 465,000.00 "CITY OF LUBBOCK., TEXAS, STREET LIGHTING BONDS, SERIES 1946; dated March 1, 1946 (being parcel of a total issue of $245,000.00 bonds authorized at the election held in said City on December 11, 1945). The ordinance was read in full by the Uity Secretary. Thereupon, Commissioner J. Ray Dickey moved that the rule requiring that no ordinance shall be passed on the day on which it is introduced be suspended, and that in view of the emergency set forth and defined in the preamble to the proposed ordinance, that the same be declared an emergency measure. This motion was duly seconded by Commissioner ii. B. ?rice. The motion carried by the following vote: AYES: Mayor Ribble and Commissioners Childress, Dickey and Price. NOES: None. Thereupon, the Mayor announced that the proposed ordinance had been declared an emergency measure by unanimous vote of the Commission. Thereupon, Commissioner V+. B. Price moved that the ordinance as read in full by the City Secretary be finally passed and adopted by the Commission. This motion was seconded by Commissioner F. H. Childress, and the motion, carrying with It the final passage and adoption of the ordinance, wRs unani- mously carried by the following vote: AYES: Mayor Ribble and Commissioners Childress, Dickey and 'rice. NOES: None. Thereupon, the Mayor announced that the ordinance had been finally passed and adopted by unanimous vote of the Commission, in accordance with the requirements of Sections 15, 16 and 17, of Article IX, of the Lubbock Charter; and the Mayor thereupon signed and approved the ordinance in the presence of the Commission. The ordinance is as follows: "AN ORDINANCE by the City Commission of the Uity of Lubbock, -'Texas authorizing the issuance of 465,000.00 'CIY OF LUBBOCKr TEXAS, STREET LIGHTING BONDS, SERIES 1946', dated March 1, 1946 (being parcel of a total issue of 4245,000.00 bonds authorized at the election held in said City on December 11, 1945), for the purpose of constructing, installing, extending and improving the street lighting system of said City, including the Install- ation of street lights, stop and traffic lights and other improvements incidental thereto; prescribing the form of the bonds and the form of interest coupons; levying a continuing direct annual ad valorem tax on all taxable properties within the limits of said City to pay the interest on such bonds and to create a sinking fund for the redemption thereof, and providing for the assessment and col- lection of such tax; enacting provisions incident and relating to the subject and purpose of this ordinance; and declaring an emergency." WHEREAS, under and by virtue of an ordinance duly passed and adopted by the Uity Commission of the city of Lubbock, 'Texas, on the 20th day of November, 1945, an election was ordered to be held in said City on the llth day of December, 1945, and at which election the following proposition was sub- mitted to the qualified electors of said Uity: "SMALL the Uity Uommission of the City of Lubbock be authorized to issue the negotiable interest bearing coupon bonds of the Uity of Lubbock in the amount of 4245,000.00, bearing interest at a rate of not exceeding three and one-half per centum 13j%) per annum from date and maturing at such time or times as may be deemed most expedient by the City Commission serially not later than twenty-five years from their date, for the purpose of constructing, installing, extending and improving the street lighting system of said city, including the installation of street lights, stop and traffic lights and other improve- ments incidental thereto; and shall there be annually assessed, levied and collected upon all taxable property within the City of Lubbock, while said bonds or any of them are outstanding, a tax sufficient in amount to pay the annual interest on such bonds and to provide a sinking fund for the redemption thereof at maturity2a AND VHEREAS, upon consideration of the return of said election, the City Commission found that said election had been conducted in the manner prescribed by law, and was in all respects legally held, after due and proper notice as required by law; that due returns of said election had been made by the proper officers; that said election resulted favorably to the issuance of said bonds; that a majority of the qualified electors, voting at said election, voted in favor of the issuance of said bonds; and teat the City Commission is in all things authorized to issue said bonds and to do any and all things necessary and/or convenient in connection therewith; and WHEREAS, it being now determined by the City Commission that it is not desired at this time to issue all of the bonds for 4245,000.00, voted for on the proposition, as aforesaid, and that $65,000.00 is the amount of bonds now desired to be issued, and that the remaining amount of said bonds, to -wit: $180,000.00, shall be issued at a future date or dates when, in the judgment of the City Commission of said City, the amount is needed by the City for the purpose for which it was authorized; end WHEREAS, it is to the best interest of the City that the authorized improvement and extensions to the Street Lights be constructed at the earliest possible date, thereby creating this an emergency measure for the immediate preservation of the public peace, property, health, and safety, as well as a more efficient administration and operation of the Traffic Department and Street System of the municipal government; therefore BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK: SECTION 1: That the bonds of said City to be called "CITY OF LUBBOCK, TEXAS, CTREET LIGHTING BONDS, �ERIES 1946", be Issued under and by virtue of the Donstitutibn and laws of the State of Texas, and the Charter of the City, for the purpose of constructing, installing, extending and improving the street lighting system of said Uity, including the installation of street lights, stop and traffic lights and other improvements incidental thereto; in the principal sum of SIXTY-FIVE THOU SAND DOLLARS 065,000.00). SECTION 2: That said bonds shall be numbered consecutively from One (1) to Sixty-five (65) both inclusive; shall be of the denomination of One Thousand bolla rs (01,000.00) each, aggrating the sum of SIXTY-FIVE THOUSAND DOLIA RS (6 65,000.Oegg. SECTION 3: That said bonds shall be dated March I, 1946, and shall mature in accordance with the following schedule: BOND NUMBERS Ml,TURITY DATES AMOUNTS 1-2 March 1, 1947 42,000.00 3-4 March 1, 1948 20,000.00 5-6 March 1, 1949 2,000.00 7-8 March 1, 1950 2,000.00 9-10 March 1, 1951 2,000.00 11-12 March 1, 1952 27000.00 13-14 March 1, 1953 2,000.00 15-16 March 1, 1954 2,OOO.00 17-18 March 1, 1955 2,000.00 19-20 March 1, 1956 2,000.00 21-22-23 March 1, 1957 3,000.00 24-25-26 March 1, 1958 3,000.00 27-28-29 March 1, 1959 3,000.00 30-21-32 March 1, 1960 3,000.00 33-34-35 March 1, 1961 3,000.00 36-37-38 March 1, 1962 3,000.00 39-40-41 March I, 1963 3,000.00 42-43-44 March 10 1964 3,000.00 45-46-47 March 1, 1965 30000.00 48-49-50 March 10 1966 3,000.00 51-52-53 March 1, 1967 3,000.00 54-55-56 Merch 1, 1968 3,000.00 57-58-59 March 1, 1969 3,000.00 60-61-62 March I, 1970 3,000.00 63-64-65 March 1, 1971 3,000.00 SECTION 4: That all of said bonds shall bear interest from date until paid at the rate of UNE AND ONE-HALF PER CENTU (12%) per annum, payable on March Ist and 6e tember Ist in each year, the first interest payment date being March 1, 1947; such interest to be evidenced by proper coupons attached to each of said bonds. SECTION s: That the principal and interest of said series of bonds shall be payable on presentation and surrender of bonds or proper coupons, in lawful money of the United States of America, at the GUARANTY TRUST COMPANY OF NEii YORK, NEW YORK CITY, NEW YORK. SECTION s: That each of said bonds shall be signed by the Mayor and countersiggned by the Gity Secretary, and the corporate seal of the "CITY OF LUBBOCK, TEXAS", shall be impressed upon each of them. SECTION 7: That the facsimile signatures of the Mayor and City Secretary may be lithographed or printed on the interest coupons attached to said bonds, and shall have the sane effect as if they had been signed by them. SECTION S: That the form of said bonds shall be substantially as follows: NO. UNITED STATES OF AMERICA, $I,000.00 STATE OF TEXAS, COUNTY OF LUBBOCK. CITY OF LUB3OCK, TEXAS STREET LIGHTING BONDS, SERIES 1946. CITY OF LUBBOCK, a municipal corporation, of the State of Texas, acknowledges itself indebted to and, FOR VALUE RECEIVED, hereby promises to pay to bearer, the sum of ONE THOUSAND DOLLARS (61,000.00) in lawful money of the United Ststes of America, + on the FIRS DAY OF MARCH, lg , with interest thereon from the date hereof until paid, at the rate of ONE AND ONE-HALF PER CENTUM (12%) per annum, payable on March 1st and September 1st in each year, the first interest payment date being March 1, I947, on presentation and surrender of the annexed coupons as they severally mature. II BOTH PRINCIPAL and interest of this bond are hereby made payable at the GUARANTY TRUST COMPANY OF NEW YORK, NEW YORK CITY, NEW YORK. THIS BOND is one of a series of Sixty-five (65) serial bonds, numbered from One (1) to Sixty-five (65) both inclusive, all of said bonds being of the denomination of bne Thousand Dollars (411,000.00) aggregating in amount SIXTY-FIVE THOUSAND DOLLARS (465,000.00% and issued for the purpose of constructing, installing, extending and improving the street lighting system of said city, including the installation of street lights, stop and traffic lights and other improvements incidental thereto, under authority of the Constitution and Laws of the State of Texas, and the Charter of said City and pursuant to an ordinance duly adopted by the City dommission of the City of Lubbock, Texas and recorded in the Minutes of said City Commission. IT IS HEREBY CERTIFIED, RECITED AND REPRESENTED that the issuance of this bond and the series of which it is a part Is duly authorized by law and by a vote of the qualified property taxpaying voters of the City of Lubbock, Texas, voting at an election held for that purpose within said City on the llth day of December, 1945; that all acts, conditions, and things required to be done precedent to and in the issuance of this series of bonds, and of this bond, have been properly done and performed and have happened in regular and due time, form and manner as required by law; that sufficient and proper provisions for the levy and collection of taxes has been made which, when collected, shall be appropriated exclusively to the payment of this bond and the series of which it is a part, and to the payment of the interest coupons thereto annexed as the same shall become due; and that the total indebtedness of the City of Lubbock, Texas, including the entire series of bonds of which this is one, does not exceed any constitutional or statutory limitation. IN TESTIMONY V"THEREOF, the City of Lubbock, Texas, by its City Commission, has caused its corporate seal to be affixed hereto, and this bond to be signed by its Mayor and Countersigned by its City Secretary, and the interest coupons hereto attached to be executed by the lithographed or printed facsimile signatures of the Mayor and City Secretary; the date of this bond, in conformity with the ordinance above referred to, being the first day of March, 1946. Mayor, City of Lubbock, Texas. COUNTERSIGNED: City Secretary, City of Lubbock, Texas SECTION q: That the form of interest coupon shall be substantially as follows: No. ON THE DAY OF 19 , the CITY OF LUBBOCK, a municipal corporation of the State of Texas, hereby promises to pay to bearer, at the GUARANTY TRUST COMPANY OF NEW YORK, NEW YORK CITY, NEW YORK, the sum of DOLLARS ( ), in lawful money of the United States of America, being months interest on the "CITY OF LUBBOCK, TEXAS, STREET LIGHTING BOND, SERIES 1946"t dated March 13, 1946. Bond No. City Secretary Mayor SECTION in: That the following certificate shall be printed on the back of each bond: OFFICE OF COMPTROLLER ) STATE OF TEXAS ) REGISTER NO. I HEREBY CERTIFY that there is on file and of record.in my office a certificate of the Attorney General of the State of Texas, to the effect that this bond has been examined by him as required by law and that he finds that it has been issued in conformity with the Constitution and laws of the State of 1'exas and that it is a valid and binding obligation upon said City of Lubbock, Texas, and said bond has this day been registered by me. 4ITNESS MY HhND AND SEAL OF OFFICE, AT AUSTIN, TEXAS, Comptroller of Public Accounts of the State of Texas SECTION 11: BE IT FURTHER ORDAINED BY THE'CITY COMMISSION OF THE CITY OF LUBBOCK: That to pay the interest on said bonds and create a sinking fund sufficient to redeem them at maturity, a tax of Ona and r'mir_TAntha CENTS (-_ 1 4/1() 4 ) on each one hundred dollars' valuation of all taxable property in the City of Lubbock, Texas, or such an amount as may at all times be legally necessary, shall be annually levied on said property and annually assessed and collected, or so much thereof as shall be necessary, or in addition thereto as may be required, until said bonds with interest thereon have been fully paid; and the said tax of OnA and v'nur-Tan .hs CENTS (_4/10 �Z) is here now levied for the current year, and so much thereof as shall be necessary, or in addition thereto as may be required, is hereby levied, for each succeeding year while said bonds, or any of them, are outstanding, and the same shall be annually assessed and collected and applied to the purpose named. SECTION 12: BE IT FURTHER ORDAINED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK: That the Mayor of said City shall be and he is hereby authorized to take and heve charge of all necessary orders and records pending investigation by the Attorney General of the State of Texas, and shall take and have charge and control of the bonds herein authorized pending their approval by the Attorney General and their registration by the Comptroller of Public Accounts. SECTION 13: AND BE IT FURTHER ORDAINED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK: The fact that it is to the best interest of the City that the authorized improvements and extensions to the Street Lighting System be constructed at the earliest possible date, creates this an emergency measure for the immediate preservation of the public peace, property, health and safety, as well as a more efficient administration and operation of the Traffic and Street Department of the Municipal Government, demanding that the (-harter provisions to the effect that no ordinance shall be passed on the day on which it shall be introduced, be suspended, and this ordinance is hereby declared an emergency measure by unanimous vote of the City Uommission, end the same shall take effect from and after its passage, and it is so ordained. PASSED this the 19th - day of March, 1946 APPROVED, this the 19th day of March, 1946. Mayor, City Of Lubbock, Texas. ATTEST: City Secretary, City of Lubbo k, Texas (City Seal) CERTIFICATE OF CITY SECRETxRY THE STATE OF TEXAS ) COUNTY OF LUBBOCK ) CITY OF LUBBOCK 3 I, Lavenia Williams, City Secretary of the Uity of Lubbock, Texas, DO HEREBY CERTIFY that the foregoing is a true and correct copy of an ordinance authorizing issuance of "CITY OF LUBBOCK,TEXAS., STREET LIGHTING BONDS, SERIES 1946" adopted by the City Commission of said Uity on the 19th day of March 1946 ( and of the Minutes pertaining to its adoption , and that it has been properly enrolled, placed in the office of the City Secretary and approved by the Mayor having been recorded in book page et seq., of the ►-linutes of said commission. 114 WITNESS THEREOF= I have hereunto signed my name officially and affixed the seal of said City, this the 19th day of March, 1946. City Secretary, City of Lubbock Texas (City Seal) ORDINANCE NO, 763 ORDINANCE AUTHORIZING ISSUANCE OF 690,000.0() "CITY OF LUBBOCK, TK?AS SEYIER EXTENSION BONDS, SERIES 1946", DATED MARCH 1, 1946. THE STATE OF TEXAS ( COUNTY OF LUBBOCK ( CITY OF LUBBOCK ON THIS the 19th day of March, 1946, the City Uommission of the City of Lubbock, Texas, convened in called session at the regular meeting place thereof, in tre Lity Hall, with the folbw- ing members thereof, to -wit: 0. r'l. RIBBLE, MAYORI F. H. CHILDRESS, ) J. RAY DICKEYS ) GOMMISSIONERS, } Vr. B. PRICE) ) LAVENIA WILLIAMS, SECRETeRYI, present and the following absent: Hiih JnnAA constituting a quorum, when, among other proceedings had, were the following: Commissioner W. B. Price presented for the consideration of the City Commission an ordinance authorizing the issuance of 490,000.00 "CITY OF LUBBOCK TEXAS., OEWER EX`1'Eiv5ION BONDS, SERIES 1946, dated March 1, 1946 being parcel of a total issue of 4445,000.00 bonds authorized at the election held in said City on December 11, 1945). The ordinance was read in full by the City Secretary. Thereupon, Commissioner J. Ray Dickey moved that the rule requiring that no ordinance shall be passed on the day on which it is introduced be suspended, and that in view of the emergency set forth and defined in the preamble to the proposed ordinance, that the same be declared an emergency me=lsure. This motion was duly seconded by Commissioner F. H. Childress. The motion carried by the following vote: AYES: Mayor Ribble and Commissioners Childress, Dickey and Price. NOES: None. Thereupon the Mayor announced that the proposed ordinance had been declared an emergency measure by unanimous vote of the Commission. Thereupon, Commissioner W. B. Price moved that the ordinance as read in full by the City Secretary be finally passed and adopted by the Commission. This motion was seconded by Com- missioner J. Ray Dickey, and the motion, carrying with it the final passage and adoption of the ordinance, was unanimously carried by the following vote: AYES: Mayor Ribble and Commissioners Childress, Dickey and Price. NOES: None. Thereupon, the Mayor announced that the ordinance had been finally passed and adopted by unanimous vote of the com- mission,: in accordance with the requirements of Sections 15, 16 and 17 of Article IX of the Lubbock Charter; and the Mayor there- upon signed and approved the ordinance in the presence of the Commission. The ordinance is as follows: "AN ORINANCE by the city Commission of the City of Lubbock, Texas authorizingg the issuance of 690,000.00 '-CI fi1' JF LUBBOCK, Texas, Sewer Exten- sion Bonds, Series 19461, dated March 1, 1946 (being parcel of a total issue of $445,,000.00 bonds authorized at the election held in said City on December 11, 1945), for the purpose of construct- ing, extending, enlarging, improving and adding to the sewage disposal plant, filtering beds and emptying grounds for the sewage system, and acquir- ing lands and rights of way within and without the limits of the City of Lubbock for such sewage dis- posal purposes and extending and installing addi- tional sanitary sewer lines; prescribing the form of the bonds and the form of interest coupons; levying a continuing direct annual ad valorem tax on all taxable properties within the limits of said Uity to pay the interest on such bonds and to create a sinking fund for the redemption thereof, and providing for the assessment and collection of such tax; enacting provisions incident and relat- ing to the subject and purpose of this ordinance; and declaring an emergency. WHEREkS, under and by virtue of an ordinance dul passed and adopted by the City Commission of the City of �ubbock, Texas, on the 20th day of November, 1945, an election was ordered to be held in said City on the llth day of December, 1945, and at which election the following proposition was submitted to the qualified electors of said City: "SHALL the City Commission of the City of Lubbock be authorized to issue the negotiable interest bearing coupon bonds of the City of Lubbock in an amount of $445,000.00, bearing interest at a rate of not exceeding threw and one-half per centum (30) per annum from date and maturing at such time or times as may be deemed most expedient by the City Commission, serially not later than twenty-five years from their date, for the purpose of constructing, extending, enlarging, improving and adding to the sewage dis- posal plant, filtering beds and emptying grounds for the sewage system, and acquiring lands and rights of way within and without the limits of the City of Lubbock for such sewage disposal purposes, and extend- ing and installing additional sanitary sewer lines; end shall there be annually assessed, levied and collected upon all taxable property within the City of Lubbock, while said bonds or any of them are out- standing, a tax sufficient in amount to pay the annual Interest on such bonds and to provide a sinking fund for the redemption thereof at maturity?" AND WHEREAS, upon consideration of the returns of said election, the City Commission found that said election had been conducted in the manner prescribed by law, and was in all respects legally held, after due and proper notice as required by lair; that due returns of said election had been made by the proper officers; that said election resulted favorably to the issuance of said bonds; that a majority of the qualified electors, voting at said election, voted in favor of the issuance of said bonds; and that the City Commission is in all things authorized to issue said bonds and to do any and all things necessary and/or convenient in connection therewith; and WHEREAS, it being now determined by the City Qommission that it is not desired at this time to issue all of the bonds for 4445,000.00, voted for on the proposition, as aforesaid, and that $90,000.00 is the amount of bonds now desired to a issued, and that the remaining amount of said bonds, to -wit: 355,000.00 shall be issued at a future date or dates when, in the judgment of the City Commission of said City, the amount is needed by the pity for the purpose for which it was authorized; end WHEREAS, it is to the best interest of the City that the authorized improvements and construction of the sewer system extensions be commenced at the earliest possible date, thereby creating this an emergency measure for the immediate preservation of the public peace, property, health and safety, as well as a more efficient administration and operation of the sewage disposal system of the municipal government; therefore BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK: SECTION 1: That the bonds of said City, to be called "CITY OF LUBBOCK, TEXAS., SEWER EXTENSION BONDS, SERIES 1946", be issued under and by virtue of the Uonstitution and laws of the State of Texas, and the Charter of the City of Lubbock, for the purpose of constructing, extending, enlarging, improving and adding to the sewage disposal plant, filtering beds and emptying grounds for the sewage system, and acquiring lands and rights of way within and without the limits of the City of Lubbock for such sewage disposal purposes, and extending and installing additional sanitary $ewer lines in the principal sum of NINETY THOUSAND DOLLARS 1�90,000.005. SECTION 2: That said bonds be numbered consecutively from One (1) to Ninety (90), inclusive; shall be of the denomina- tion of One Thousand Dollars 41,00000) each, aggregating the sum of Ninety 'Thousand Dollars (490,000.60). SECTION 3: That said bonds shall bedated March 1, 1946, and shall mature in accordance with the following schedule: BONDS NUMBERS (All Inclusive) MATURITY DATES AMOUNTS 1 to 3 March 1, 1947 037000.00 4 to 6 March 1, 1948 3,000.00 7 to 9 March 1, 1949 3,000.00 10 to 12 March 1, 1950 3,000.00 13 to 15 March 1, 1951 30000.00 16 to 18 March 1, 1952 3,000.00 19 to 21 March 13, 1953 3,000.00 22 to 24 March 19 1954 3,000.00 25 to 27 March 1, 1955 3,000.00 28 to 30 March 1, 1956 3,000.00 31 to 33 March 1, 1957 33,000.00 34 to 37 March 1, 1958 4,000.00 38 to 41 March 1, 1959 4,000.00 42 to 45 March 1, 1960 4,000.00 46 to 49 March 1, 1961 4,000.00 50 to 53 March 1, 1962 4,000.00 54 to 57 March 1, 1963 4,000.00 58 to 61 March 1, 1964 4,000.00 62 to 65 March 1, 1965 4,000.00 66 to 69 March 1, 1966 4,000.00 70 to 73 March 1, 1967 4,000.00 74 to 77 March 1, 1968 4,000.00 78 to 81 March 1, 1969 4,000.00 82 to 85 Marr•h 1, 1970 4,000.00 86 to 90 March 1, 1971 5,000.00 SECTION 4: That all of said bonds shall bear interest from date until paid at the rate of ONE AND ONE-HALF PER CENTUM (117) per annum, payable on March 1st and September 1st in each year, the first interest payment date being March 1, 1947; such interest to be evidenced by proper coupons attached to each of said bonds. SECTION 5: That the principal and interest of said series of bonds shall be payable on presentation and surrender of bonds or proper coupons in lawful money of the United States of America at the GUARANH TRUST COMPANY OF NEW YORK, NEW YORK CITY, NEW FORK. SECTION s: That each of said bonds shall be signed by the Mayor and countersigned by the City Secretary, and the corpor- ate seal of the "CITY OF LUBBOCK, TEXAS", shall be impressed upon each of them. SECTION 7: That the facsimile signatures of the Mayor and City Secretary may be lithographed or printed on the interest coupons attached to said bonds, and shall have the same effect as if they had been signed by them. SECTION 8: That the form of said bonds shall be substantially as follows: NO. UNITED STATES OF AMERICA $1,000.00 STA`''E OF TEXAS COUPITY OF LUBBOCK CITY OF LUBBOCK TEXASP SEWER EXTENSION BOND., SERIES 1946. CITY OF LUBBOCK, a municipal corporation, of the State of Texas, acknowledges itself indebted to and, FOR VALUE RECEIVED, hereby promises to pay to bearer, the sum of ONE THOUSAND DOLLARS (41,000.00) in lawful money of the United States of imerica, on the FIRST UY OF MARCH, 19 , with interest thereon from the date thereof until paid, at the rate of jNE AND ONE-HALF PER CENTUM (If%) per annum, payable on March 1st and September 1st in each year, the first interest payment date being March 1, 1947, on presentation and surrender of the annexed coupons as they severaiiy mF, ture. BOTH PRINCIPAL and interest of this bond are hereby made payable at the GUARANTY TRUST COMPANY OF NEW YORK., NEW YORK CITY., NEW YORK. THIS BOND is one of a series of Ninety (90) serial bonds, numbered from One (l) to Ninety (90) both inclusive, all of said bonds being of the denomination of bne Thousand Dollars (11,000.00) aggregating in amount NINETY THOUSAND DOLLARS C 90,000.003, and issued for the purpose of constructing, extending, enlarging, improving and adding to the sewage disposal plant, filter- ing beds and emptying grounds for the sewage system, and acquiring lands and rights of way within and without the limits of the City of Lubbock for such sewage disposal purposes, and extending and installing additional sanitary sewer lines, under authority of the Constitution and Laws of the State of Texas, and the Charter of said City and pursuant to an ordinance duly adopted by the City Commission of the Uity of Lubbock, Texas, and recorded in the Minutes of said City Commission. IT IS HEREBY CERTIFIED, RECITED AND REPRESENTED that the issuance of this bond and the series of which it is a part is duly Puthorized by law and by a vote of the qualified property taxpaying voters of the City of Lubbock, Texas, voting at an election held for that purpose within said City of the llth day of December, 1945; that all acts, conditions, and things required to be done precedent to and in the issuance of this series of bonds, and of this bond, have been properly done and performed and have happened in regular and due time, form and manner as required by law; that sufficient and proper provision for the levy and collection of taxes has been made which, when collected, shall be appropriated exclusively to the payment of this bond and the series of which it is a part, and to the payment of the interest coupons thereto annexed as the same shall become due; and that the total indebtedness of the City of Lubbock, Texas, including the entire series of bonds of which this is one, does not exceed any constitutional or stautory limitation. IN TESTIMONY WHEREOF, the City of Lubbock, Texas, by its Gity Commission, has caused its corporate seal to be affixed hereto, and this bond to be signed by its Mayor and countersigned by its Gity secretary, and the interest coupons hereto attached to be executed by the lithographed or printed facsimile signatures of the Mayor and City Secretary; the date of this bond, in conform- ity with the ordinance above referred to, being the first day of March, 1946. Mayor, City of Lubbock, Texas Countersigned: City secretary, City of Lubbock, Texas SECTION A: That the form of interest coupon shall be substantially as follows: j NO. ON THE DAY OF 19 4 the CITY OF LUBBOCK, a municipal corporation of the State of Texas, hereby promises to pay to bearer, at the GUARANTY TRUST COMPANY OF NEV, YORK, NEW YORK CITY, NEW YORK, the sum of DOLLARS ), in lawful money of the United States of America being months' interest on the "CITY OF LUBBOCK, TEXAS, SEWEk EXTENSION BOND., SERIES 1946", dated March 1, 1946. Bond No. City Secretary Mayor SECTION Zn: That the following certificate shall be printed on the back of each bond: OFFICE OF COMPTROLLER ) STATE OF TEXAS ,� REGISTER NO I HEREBY CERTIFY that there is on file and of record in my office a certificate of the Attorney General of the State of Texas, to the effect that this bond has been examined by him as required by law and that he finds that it has been issued in conformity with the Constitution and Laws of the State of Texas, and that it is a valid and binding obligation upon said City of Lubbock, Texas, and said bond has this day been registered by me. WITNESS MY HhND AND SEAL OF OFFICE, AT AUSTIN, TEXAS Comptroller of Public Accounts of the State of Texas SECTION 11: BE IT FURTHER ORDAINED BY THE CITY (,OMMISSIUN OF THE CITY OF LUBBOCK: That to pay the interest on said bonds and create a sinking fund to redeem them at maturity, a tax of One & Nine-TAnths CENTS ( 1 9 0 d.) on each one hundred dollars' valuation of all taxable property in the City of Lubbock, Texas, or such an amount as may be at all times legally necessary, shall be annually levied on said property and annually assessed and collected, or so much thereof as shall be necessary, or in addition thereto as may be required until said bonds with interest thereon have been fully paid; and the said tax of nnA and nine -tenter —CENTS { 1 10 9�) is here now levied for the current year, and so much thereof as shall be necessary, or in addition thereto as may be required, is hereby levied for each succeeding year while said bonds, or any of them, are outstanding, and the same shall be annually assesed and collected and applied to the purpose named. SECTION 1": BE IT FURTHER ORDAINED BY THE CITY COMMIS_ SION OF THE CITY OF LUBBOCK: That the Mayor of said City shell be and he is hereby authorized to take and have charge of all necessary orders and records pending investigation by the Attorney General of the State of 'texas, andshall take and have charge and control of the bonds herein authorized pending their approval by the Attorney General and their registration by the Comptroller of Public Accounts. SECTION 13: AND BE IT FURTHER ORDAINED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK: The fact that it is to the best interest of the City that the authorized construction and improvement of the sewage system of the (-ity of Lubbock be commenced at the earliest possible date, creates this an emergency measure for the immediate preserva- tion of the public peace, property, health and safety, as well as a more efficient administration and operation of the sewage disposal system of the municipal government, demanding that the Charter provisions to the effect that no ordinance shall be passed on the day on which it shall be introduced, be suspended, and this ordinance is hereby declared an emergency measure by unanimous vote of the City Commission, and the same shall take effect from and after its passage, and it is so ordained. PASSED, this the 19th day of March, 1946. APPROVED, this the 19th day of March, 1946. Mayor, City Of Lubbock, Texas ATTEST: City ecretary, City of Lubbock, Texas CERTIFICATE OF CITY SECRETARY THE STATE OF TEXAS ) COUNTY OF LUBBOCK ) CITY OF LUBBOCK ) I, Lavenis Williams City Secretary of the City of Lubbock, Texas, DO HEREBY CUTIFY that the foregoing is a true and correct copy of an ordinance authorizing issuance of "CITY OF LUBBOCK, TEXAS SEWER EXTENSION BONDS, SERIES 1946", adopted by the City Commission of said City on the 19th day of March, 1946 ( and Minutes pertaining to its adoption), and that it has been properly enrolled, placed in the office of the City Secretary and approved by the Mayor, having been recorded in Volume , page , et. seq., of the Ordinance Register of the City of Lubbock and being registered as Ordinance No. . IN FITNESS WHEREOF, I have hereunto signed my name officially and affixed the seal of said City, this the 19th day of March, 1946. City Secretary, City of Lubbock; Texas (City Seal) ORDINANCE NO. 764 ORDINANCE AUTHORIZING ISSUANCE OF $3651,000.00 "CITY OF LUBBOCK, TEXAS, VATER SYSTEM EXTENSION BONDS, SERIES 1946", DATED MARCH 1, 1946. THE STATE OF TEXAS ) COUNTY OF LUBBOCK ) CITY OF LUBBOCK ) ON THIS the 19th day of March, 1946, the City Commission of the City of Lubbock, Texas, convened in called session, at the regular meeting place thereof in the City Hall, with the following members thereof, to -wit: 0. W. RIBBLE, MAYOR, F. H. CHILDRESS, J. RAY DICKEY, ) COMMISSIONERS, } W. B. PRICE, ) LAVENIA WILLIAMS, SECRETARY, present, and the following absent: Hub Jonas , constituting a quorum, when, among other proceedings had, were the following: Commissioner J. Ray Dickey presented for the con- sideration of the City Commission an ordinance authorizing the issuance of $365,000.00 "CITY OF LUBBOCK, TEXAS, VATER SYSTEM EXTENSION BONDS, SERIES 1946", dated March 1, 1946 (being parcel of a total issue of 41,300,000.00 bonds author- ized at the election held in said City on December 11, 1945). The ordinance was read in full by the City Secretary. Thereupon, Commissioner F. H. Childress moved that the rule requiring that no ordinance shall be passed on the day on which it is introduced be suspended, and that in view of the emergency set forth and defined in the preamble to the proposed ordinance, that the same be declared an emergency measure. This motion was duly seconded by Commissioner J. Ray Dickey. The motion carried by the following vote: LYES: Mayor Ribble and Commissioners Childress, Dickey and Price. NOES: None. Thereupon, the Mayor announced that the proposed ordinance had been declared an emergency measure by unanimous vote of the 6ommission. Thereupon, Commissioner W. B. Price moved that the ordinance as read in full by the City Secretary be finally passed and adopted by the Commission. This Motion was seconded by Commissioner F. H. Childress and the motion, carrying with it the final passage and adoption of the ordinance, was unanimously carried by the following vote: AYES: Mayor Ribble and Commissioners Childress, Dickey and Price. NOES: None. `Whereupon, the Mayor announced that the ordinance had been finally passed and adopted by unanimous vote of the Commission, in accordance with the requirements of Sections 15, 16 and 17, of .&rticle IX, of the Lubbock Charter; and the Mayor thereupon signed and approved the ordinance in the presence of the Uommission. The ordinate is as follows: "AN ORDINANCE by the City Commission of the city of Lubbock, Texas, authorizing the issuance of V 365 000.00 CITY OF LUBBOCK., TEXAS WkTER SYSTAM. EXTENSION BONDS,, SERIES 19461, dated March 1, 1946 (being parcel of a total issue of 41,300,000.00 bonds authorized at the elec- tion held in said City on December 11, 1945), for the purpose of constructing, installing, enlarging, improving, extending and adding to the water supply system of the Uity of Lubbock, including the extension of water lines, mains and facilities, the construction of additional water supply systems, wells, lines, filtering and treating facilities and other improvements Incidental thereto, as well as acquiring lands, water rights in lands, and such other interests therein, and rights of way, within and without the limits of the Uity of Lubbock for such purpose; prescribing the form of the bonds and the form of interest coupons; levying a continu- ing direct annual ad valorem tax on all taxable properties within the limits of said City to pay the interest on such bonds and to create a sinking fund for the redemption thereof, and providing for the assessment and collection of such tax; enacting provisions incident and relating to the subject and purpose of this ordinance; and declaring an emergency." V,HEREAS, under and by virtue of an ordinance dul passed and adopted by the City Commission of the City of Kub- bock, 'Texas, on the 20th day of November, 1945, an election w?s ordered to be held in said City on the llth day of December, 1945, and at which -election the following proposition was sub- mitted to the qualified electors of said City: "SHALL the City Commission of the City of Lubbock be authorized to issue the negotiable interest bearing bonds of the City of Lubbock in the amount of 41,300,000.00, bearing interest at a rate of not exceed- ing three and one-half per centum (32%) per annum from date and maturing at such time or times as may be deemed most expedient by the City Commission, serially not later than twenty-five years from their date, for the purpose of constructing, installing, enlarging, improving, extending and adding to the water supply system of the City of Lubbock, including the extension of water lines, mains and facilities, the construction of additional water supply systems, wells, lines, filtering and treat- ing facilities and other improvements incidental thereto, as well as acquiring lands, water rights in lands, and such other interests therein, and rights of way, within and without the limits of the Uity of Lubbock for such purpose; and shall there be annually assessed, levied and collected upon all taxable property within the City of Lubbock, while said bonds or any of them are outstand- ing, a tax sufficient in amount to pay the annual inter- est on such bonds and to provide a sinking fund for the redemption thereof at maturity?" AND WHEREAS., upon consideration of the returns of said election, the City Commission found that said election had been conducted in the manner prescribed by law, and was in all respects legally held, after due and proper notice as re- quired by law; that due returns of said election had been made by the proper officers; that said election resulted favorably to the issuance of said bonds; that a majority of the qualified electors, voting at said election, voted in favor of the issuance of said bonds; end that the City Commission is in all things authorized to issue said bonds and to do any gfid all things necessary and/or convenient in connection therewith; and viHJSRHAS, it being now determined by the City Commis- sion that it is not desired at this time to issue all of the bonds for 41,300,000.00, voted for on the proposition, as aforesaid, and that $365,000.00 is the amount of bonds now desired to be issued, and t1^at the remaining amount of said bonds, to -wit: $935,000.00, shall be issued at a future date or dates when, in the judgment of the City Commission of said City, the amount is needed by the City for the purpose for which it was authorized; and WHEREAS, it is to the best interest of the City that the authorized improvements and extensions to the Water System be constructed at the eerliest possible date, thereby creating this an emergency measure for the immediate preserva- tion of the public peace, property, health and safety, as well as a more efficient administration and operation of the hater Department of the municipal government; therefore BE IT ORDAINED BY THE CITY COMMAISSION OF THE CITY OF LUBBOCK: SECTION 1: That the bonds of said City to be called "CITY OF LUBBOCK, TEXAS, WATER SYSTEM EX+ENSION BONDS SERIES 1946", be issued under and by virtue of the Constitu- tion and laws of the State of Texas, and the Charter of the City, for the purpose of constructing, installing, enlarging, Improving, extending and adding to the water supply system of the City of Lubbock, including the extensions of water lines, mains and facilities, the construction of additional water supply systems, wells, lines, filtering and treating facili- ties and other Improvements incidental thereto, as well as acquiring lands, water rights in lands, and such other inter- ests therein, and rights -of -way, within and without the limits of the Uity of Lubbock for such purpose in the principal sum of THREE HUNDRED SIXTY-FIVE THOUSAND DOLLARS ($365,000.00). ,SECTION 2: That said bonds shall be numbered con- secutively from One (1) to Three Hundred Sixty-five (365), both inclusive; shall be of the denomination of One Thousand Dollars (41 000.00) each, agreeating the sum of THREE HUNDRED SIXTY-FIVE fiOUSAND DOLLARS f4365,000.00). SECTION 3: That said bonds shall be dated March 1, 1946, and shall mature in accordance with the following schedule: BOND NUMBERS MATURITY DATES AMOUNTS (All Inclusive) 1 to 11 March 1, 1947 1191000.00 12 to 23 March 1, 1948 12,000.00 24 to 35 March 1, 1949 12,000.00 36 to 47 March 1, 1950 12,000.00 48 to 59 March 1, 1951 12,000.00 60 to 72 March 1, 1952 130000.00 73 to 85 March 1, 1953 13,000.00 86 to 98 March 1, 1954 13,000.00 99 to 111 March 1, 1955 13,000.00 112 to 125 March 1, 1956 144000.00 126 to 139 March 1, 1957 14,000.00 140 to 153 March 1, 1958 14,000.00 154 to 167 March 1, 1959 14,000.00 168 to 182 March 1,. 1960 159000.00 183 to 197 March 1, 1961 15,000.00 198 to 212 March 1, 1962 15,.000.00 213 to 228 March 1, 1963 16,000.00 229 to 244 March 1, 1964 16,000.00 245 to 260 March 1, 1965 160000.00 261 to 277 March 1, 1966 17,000.00 278 to 294 March 1, 1967 172000.00 295 to 311 March 1, 1968 17,000.00 312 to 329 March 1, 1969 18,000.00 330 to 347 March 1, 1970 182000.00 348 to 365 March 1, 1971 18,000.00 SECTION 4: That all of said bonds shall bear inter- est from date until paid at the rate of ONE AND ONE-HALF PER CENTUM (12%) per annum, payable on March 1st and September 1st in each year, the first interest payment date being March 1, 1947; such interest to be evidenced by proper coupons attached to each of said bonds. SE TION 5: That the principal and interest of said series of bonds shall be payable on presentation and surrender of bonds or proper coupons, in lawful money of the United States of America, at the GUARA14TY TRUST COMPA14Y OF NEV, YORK,. NEW YORK CITY, NEW YoRK. SECTION 6:_ That each by the Mayor and countersigned corporate seal of the "CITY OF pressed upon each of them. of said bonds shall be signed byy the OttSecretary, and the LUBBOCK, TKX S", shall be im- SECTION 7: That the facsimile signatures of the Mayor and City Secretary may be lithographed or printed on the Interest coupons attached to said bonds, and shall have the same effect as if they had been signed by them. SECTION R: That the form of said bonds shall be substantially as follows: NO. UNITED STATES OF AMERICA, 41,000.00 STATE OF TEXAS, COUNTY OF LUBBOCK. CITY OF LUBBOCK, TEXAS WATER SYSTEM EXTENSION BOND, SERIES 1946. CITY OF LUBBOCK, a municipal corporation, of the State of Texas, acknowledges itself indebted to and, FOR VALUE RECEIVED, hereby promises to pay to bearer, the sum of ONE THOUSAND DOLLARS (41,000.00) in lawful money of the United States of 6merica, on the FIRS DAY OF MARCH, 19 , with interest thereon from the date hereof until paid, at the rate of ONE AND ONE-HALF PER CENTUM per annum, payable on March Ist and September 1st in each year, the first interest payment date being March 1, 1947, on presentation and surrender of the annexed coupons as they severally mature. r3OTH PRINCIPAL Rnd interest of this bond are hereby made payable at the GUARANTY TRUST COMPANY OF NEW YORK, NEW YORK CITY, NEW YORK. THIS BOND is one of a series of 'three Hundred Sixty- five (365) serial bonds, numbered from One (1) to Three Hundred Sixty-five (365) both inclusive, all of said bonds being of the denomination of bne Thousand Dolla rs (�l 000 00), aggregating in amount THREE HUNDRED SIXTY FIVE THODUND ($365,000.00), and issued for the purpose of constructing, installing, enlarging, improving, extending and adding to the water supply system of the City of Lubbock, including the extension of water lines, mains and facilities, the construction of additional water supply systems, wells, lines, filtering and treating facilities and other improve- ments incidental thereto, as well as acquiring lands, water rights in lands, and such other interests therein, and rights of way, within and without the limits of the City of Lubbock for such pur- pose, under authority of the Constitution and Laws of the State of 'Texas, and the Charter of said City, and pursuant to an ordi- nance duly adopted by the City Commission of the City of Lubbock, Texas, and recorded in the Minutes of said City Commission. IT IS HEREBY CERTIFIED, RECITED AND REPRESENTED that the issuance of this bond and the series of which it is a part is duly authorized by law and by a vote of the qualified property taxpaying voters of the City of Lubbock, Texas, voting at an election held for that purpose within said City on the llth day of December, 1945; that all acts, conditions, and things required to be done precedent to and in the issuance of this series of bonds, and of this bond, have been properly done and performed and have happened in regular and due time, form and manner as required by law; that sufficient and proper provision for the levy and collection of taxes has been made which, when collected, shall be appropriated exclusively to the payment of this bond and the series of which it is a part, and to the payment of the interest coupons thereto annexed as the same shall become due; and that the total indebtedness of the City of Lubbock, Texas, Including the entire series of bonds of which this is one, does not exceed any constitutional or statutory limitation. IN TESTIMONY WHEREOF, the City of Lubbock, Texas, by its City Commission, has caused its corporate seal to be affixed hereto, and this bond to be signed by its Mayor and countersigned by its City Secretary, and the interest coupons hereto attached to be executed by the lithographed or printed facsimile signntures of the Mayor and City Secretary; the date of this bond, in conformity with the ordinance above referred to, being the first day of March, 1946. Mayor, City of Lubbock, Texas. COUNTERSIGNED: City Secretary,. City of Lubbock, Texas SECTION a: That the form of interest coupon shall be substantially as follows: NO. ON THE DAY OF 19 , the CITY OF LUBBOCK, a municipal corporation of the State of Texas, hereby promises to pay to bearer, at the GUARANTY TRUST COMPANY OF NEW YORK, NEW YORK CITY, NEW YORK, the sum of DOLLARS ( ), months' interest on the "CITY OF LUBBOCK, TEXAS, WATER SYSTEM EXTENSION BOND, SERIES 1946", dated March 1, 1946. Bond No. City Secretary Mayor SECTIUN in: That the following certificate shall be printed on the back of Each bond: OFFICE OF COMPTROLLER ) STATE OF TEXAS ) REGISTER NO. I HEREBY CERTIFY that there is on file and of retard in my office a certificate of the Attorney General of the State of Texas, to the effect that this bond has been examined by him as required by law and that he finds that it has been issued in conformity with the Constitution and laws of the State of Texas, and that it is a valid and binding obligation upon said Uity of Lubbock, Texas, and said bond hfls this day been registered by me. V-iITNESS MY HAND AND SEAL OF OFFICE, AT AUSTIN, TEXAS Comptroller of Public Accounts of the State of Texas. SECTION 11: BE IT FURTHER ORDAINED BY THE; CITY COMMISSION .•F THE CITY OF LUBBOCK: That to pay the interest on said bonds and create a sinking fund sufficient to redeem them at maturity, a tax of SAVAn CENTS ( 7 / on each one hundred dolle rs' valuation of all taxable property in the City of Lubbock, Texas, or such an amount as may at all times be legally necessary, shall be annually levied on said property and annually assessed and collected, or so much thereof as shall be necessary, or in addition thereto as may be required, until said bonds with interest thereon have been fully paid; and the said tax of SmyAn CENTS ( 7 �) is here now levied for the current year, and so much thereof as shell be necessary, or in addition thereto as may be required, is hereby levied for each succeeding year while said bonds, or any of them, are outstanding, anti the sane shall be annually assessed and collected and applied to the purpose named. SECTION 12: BE IT FURTHER ORDAINED BY THE CITY C OidMI SS I O14 OF THE CITY OF LUBBOCK: That the Mavor of said City shall be and he is hereby authorized to take and have charge of all necessary orders and records pending investigation by the Attorney General of the State of Texas, and shall take and have charge and control of the bonds herein authorized pending their approval by the -ttorney ueneral and their registration by the Comptroller of Public Accounts. SECTION 13: AND BE IT FURTHER ORDAINED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK: The fact that it is to the best interest of the amity that the authorized improvements and extensions to the eater System be constructed at the earliest possible date, creates this an emergency measure for the immediate preservation of the public peace, property, health and safety, as well as a more efficient administration and operation of the eater Department of the municipal government, demanding that the Charter provisions to the effect that no ordinance shall be passed on the day on which it shall be introduced, be suspended, and this ordin^ce is hereby declared an emergency measure by unanimous vote of the City Commission, and the same shall take effect from and after its pa -sage, and it is so ordained. ATTEST: PASSED31 this the 19 day of March, 1946. APPROVED, this the 19 day of March, 1946. Mayor, City of Lubbock, Texas City Secretary, City of Lubbock, Texas (City Seal) CERTIFICATE OF CITY SECRETARY THE STATE OF TEXAS ) COUNTY OF LUBBOCK ) CITY OF LUBBOCK ) I, Lavenia Williams City Secretary of the City of Lubbock, Texas, DO HEREBY CERTIFY that the foregoing is a true and correct copy of an ordinance authorizing issuance of "CITY OF LUBBOCKS TEXAS., WATER SYSTEM EXTENSION BONDS., SERIES 1946", adopted by the City Commission of said City on the 19 day of March, 1946 ( and of the Minutes pertaining to its adoption and that it has been properly enrolled, placed In the office of the City Secretary and approved by the Mayor, having been recorded in book page et seq., of the Minutes of said Commission. IN I+ITNESS WHEREOF,, I have hereunto signed my name officially and affixed the seal of said City, this the 19 day of March, 1946. City Secretary, City of Lubbock, Texas (City Seal) ORDINANCE NO. 765 ORDINANCE AUTHORIZING ISUANCE OF $25,000.00 "CITY OF LUBBOCK TEXAS WATER TREATING AND SOFTAN- ING SYSTEM BONDSP SERIES 1946"1 DATED MARCH 1, 1946. THE STATE OF TEXAS } ) COUNTY OF LUBBOCK ) CITY OF LUBBOCK ) ON THIS the 19th day of March, 1946, the City Commission of the City of Lubbock, Texas, convened in called session, at the regular meeting place thereof in the City Hall, with the following members thereof, to -wit: 0. W. RIBBLE� MAYOR, F. H. CHILDRESS., ) J.RAY DICKEYS � COP,iMISSIONERS, B . PRICE, ) LAVENIA W ILLI t—JAS, SECRETARY, present, and the following absent Huh Joner, _ constituting a quorum, when, among other proceedings had, were the following: Commissioner J. Ray Dickey presented for the consideration of the City Commission an ordinance authorizing the issuance of 425,000.00 " CITY OF LUBBOCKP TEXAS uATER TREATING AND SOFTENING SYSTEM BONDS, SERIES 1946", dated March 1, 1946 (being parcel of a total issue of 4650,000.00 bonds authorized at the election held in said City on December 11, 1945). The ordinance was read in full by the City Secretary. Thereupon, Commissioner 1". H. Childress moved that the rule requiring that no ordinance shall be passed on the day on which it is introduced be suspended, and that in view'of the emergency set forth and defined in the preamnie to the proposed ordinance, that the same be declared an emergency measure. This motion was duly seconded by Commissioner J. Ray Dickey. The motion carried by the following vote: AYES: Mayor Ribble and Commissioners Childress, Dickey e.nd Price. NOES: None. Thereupon, the Mayor announced that the proposed ordinance had been declared an emergency measure bir unanimous vote of the Commission. Thereupon, Commissioner W. B. Price moved that the ordinance as read in full by the City Secretary be finally passed and adopted by the Commission. This motion was seconded by Commissioner F. H. Childress, and the motion, carrying with it the final passage and adoption of the ordinance, was unanimously carried by the following vote: AYES: Mayor Ribble and Commissioners Childress, Dickey and Price. NOES: None. Thereupon, the Mayor announced that the ordinance had been finally passed and adopted by unanimous vote of the Commission, in accordance with the requirements of Section 15, 16 and 17, of Article IX, of the Lubbock Charter; and the Mayor thereupon signed and approved the ordinance in the presence of the Commission. The ordinance is as follows: "bN ORDINANCE by the City Commission of the City of Lubbock, Texas, authorizing the issuance of W,000.00 1 CITY OF LUBBOCK TEXAS rdATER TREATING AND SOFTENING SYSTAM BONDS, SERIES 19461 dated March 1, 1946 (being parcel of a total issue of $6501,000.00 bonds authorized at the election held in said City on December 11, 1945), for the purpose of constructing, erecting, Installing and improving a complete water treating and softening plant with all machinery and equipment requisite for the operation and maintenance thereof, and acquiring lands and rights of way within and without the limits of the City of Lubbock requisite for the installation and main- tenance of such system; prescribing the form of the bonds and the form of interest coupons; levying a continuing direct annual ad valorem tax on all taxable properties within the limits of said City to pay the interest on such bonds and to create a sinking fund for the redemption thereof, and providing for the assessment and collection of such tax; enacting provisions incident and relating to the subject and purpose of this ordinance; and declaring an emergency." V,HERE:.S. under and by virtue of an ordinance dul passed and adopted by the City Commission of the Cite of Kubbock, Texas, on the 20th day of November, 1945, an election was ordered to be held in said City on the llth day of December, 1945, and at which election the following proposition was submitted to the qualified electors of said City: "SHALL the City Commission of the City of Lubbock be authorized to issue the negotiable interest bearing bonds of the City of Lubbock in the amount of �650,000.00, bearing interest at a rate of not exceed- ing three and one-half per centum (32%) per annum from date and maturing at such time or times as may be deemed most expedient by the City Commission, serially not leter than twenty-five years from their date, for the purpose of constructing, erecting, installing and improving a complete water treating and softening plant with all machinery and equipment requisite for the operation and maintenance thereof, and acquiring lands and rights of way within, and without the limits of the City of Lubbock requisite for the installation and maintenance of such system; and shall there be annually assessed, levied and collected upon all taxable property within the City of Lubbock, while said bonds or any of them are outstanding, a tax sufficient in amount to pay the annual interest on such bonds and to provide a sinking fund for the redemption thereof at maturity?" AND WHEREAS upon consideration of the returns of said election, the City Commission found that said election hFd been conducted in the manner prescribed by law, and wes in all respects legally held, after due and proper notice as required by law; that due returns of said election had been made by the proper officers; that said election resulted favorably to the issuance of said bonds; that a majority of the qualified electors, voting at said election, voted in favor of the issuance of said bonds; and that the City Commission is in all things authorized to issue said bonds and to do any and all things necessary and/or convenient in connection therewith; and WHEREAS, it being now determined by tho City Commission that it is not desired at this time to issue all of the bonds for 465fl2000.00, voted for on the proposition, as aforesaid, and that $25,000.00 is the amount of bonds now desired to be issued, and that the remaining amount of said bonds, to -wit: $625,000.00 shall be issued at a future date or dates when, in the judgment of the City Commission of said City, the amount is needed by the City for the purpose for which it was authorized; and WHEREAS, it is to the best interest of the City of Lubbock that the authorized installation of a water treating and softening plant be made at the earliest possible date, thereby creating this an emergency measure for the immediate preservation of the public peace, property, health and safety, as well as a more efficient administration and operation of the Water Department of the municipal government; therefore bE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK: SECTION 1: That the bonds of said City, to be called "CITY OF LUBBOCK, TEXAS WATER TREATING AND SOFTENING SYSTEM BONDS, SERIES 1946", be issued under and by virtue of the Constitution and laws of the State of Texas, and the Charter of the City, for the purpose of constructing, erecting, installing and improving a complete water treating and softening plant with all m,)chinery and equipipent requisite for the operation and maintenance thereof, and acquiring lands and rights of way within and without the limits of the Uity of Lubbock requisite for the installation and maintenance of such system; in the principal sum of TWBNTY-FIVE THOUSAND DOLLARS ($25,000.00). SECTION That said bonds shall be numbered consecutively from One (1) to Twenty-five (25)1, both inclusive; shall be of the denomination of One Thousand Dollars ($1 000.00) each, aggreBe&ating the sum of TWENTY-FIVE THOUSAND DOLLAR ($25,000.00). SECTION ., That said bonds shall be dated March 1, 1946, and shall mature in accordance with the following schedule: BOND NUMBERS MATURITY DATES AMOUNTS (A11 inclusive) 1 March 1, 1947 $ 1,000.00 2 March 1, 1948 1,000.00 3 March 1, 1949 1,000.00 4 March 1, 1950 1,000.00 5 March 1, 1951 1,000.00 6 March 1). 1952 1,000.00 7 March 1, 1953 1,000.00 8 March 1, 1954 1,000.00 9 March 1, 1955 1,000.00 10 Ila rch 1, 1956 1,000.00 11 March 1, 1957 1,000.00 12 March 1, 1958 1,000.00 13 March 1, 1959 1,000.00 14 March 1, 1960 1,000.00 15 March 1, 1961 1,040.00 16 March 1, 1962 1, 000.00 17 March 1, 1963 1, 000.00 18 March 1, 1964 1,000.00 19 March 1, 1965 12000.00 20 March 1, 1966 12,000.00 21 March 1, 1967 1,000.00 22 March 1, 1968 1,000.00 23 March 1, 1969 1,000.00 24 March 1, 1970 1,000.00 25 March 1, 1971 1,000.00 SECTION 4: That all of said bonds shall bear Inter- est from date until pLid at the rate of JNE AND ONE-HALF PER CENTUM (12) per annum, payable on March 1st and 6eptember 1st in each year, the first interest payment date being March 1, 1947; such interest to be evidenced by proper coupons attached to eech of said bonds. SECTION S: That the principal and interest of said series of bonds shall be payable on presentation and surrender of bonds or proper coupons, in lawful moneyof the United States of America, at the GUARANTY TRUST COMPANY OF NEW YORK, NEW YORK CITY, NEW YORK. SECTION 6: That each of said bonds shall be signed by the Mayor and countersigned by the Uity Secretary, and the corporate seal of the "CITY OF LUBBOCK, TEXAS", shall be impressed upon each of them. SECTIO 7: That the facsimile signatures of the Mayor and City Secretary may be lithographed or printed on the interest coupons attached to said bonds, and shall have the some effect as if they had been signed by them. SECTION 8: That the form of said bonds shall be substantially as follows: NO, UNITED STATES OF AMERICA, $117000.00 STAVE OF TEXAS, COUNTY OF LUBBOCK, CITY OF LUBBOCK, TEXAS, WATER TREATING AND SOFTENING SYSTEM BOND, SERIES 1946 CITY OF LUBBOCK, a municipal corporation of the State of Texas, acknowledges itself indebted to and, FOA VALUE RECEIVED, hereby promises to pay to bearer, the sum of ONE THOUSAND DOLLARS (41,000.00), in lawful money of the United 6tates of America, on the FIRST DAY OF MARCH, 19 , with interest thereon from r the date hereof until paid, at the ate of ONE AND ONE_HALF PER CENTUM (12%) per annum, payable on March 1st and September 18t in each year, the first interest payment date being March 1, 1947 on presentation and surrender of the annexed coupons as they severally mf,ture. BOTH PRINCIPAL and interest of this bond are hereby made payable at the GUARANTY TRUST COMPANY OF NEW YORK, NEW YORK CITY, NEW YORK. THIS BOND is one of a series of Twenty-five serial bonds, numbered from One (1) to Twenty-five (26), both inclusive all of said bonds being of the denomination of One thousand Dollars ($1,000.00) aggregating in amount TWENTY-FIVE THOUSAND DOLLARS (425,000.00% and issued for the purpose of constructing, erecting, installing and imprWing a complete water treating and softening plant with all machinery and equipment requisite for the operation and maintenance thereof, and acquirin lands and rights of wey within and without the limits of the ,ity of Lubbock requisite for the installation and maintenance of such system, under authority of the Constitution and Laws of the State of Texas, and the Charter of said City, and pursuant to an ordinance duly adopted by the City Commission of the City of Lubbock, Texas, and recorded in the Minutes of said City Commission. IT IS HEREBY CERTIFIED, RECITED AND REPRESENTED that the issuance of this bond and the series of which it is a part is duly authorized by law and by a vote of the qualified property taxpaying coters of the Uity of Lubbock, Texas, voting at an election held for that purpose within said City on the llth day of December, 1945; that all acts, conditions, and things required to be done precedent to and in the issuance of this series of bonds, and of this bond, have been properly done and performed and Ye ve happened in regular and due time, form and manner as required by law; that sufficient and groper provision for the levy and collection of taxes has been made which, when collected, shall be appropriated exclusively to the payment of this bond and the series of which it is a part, and to the payments of the interest coupons thereto annexed as the same shall become due; and that the total indebtedness of the City.of Lubbock, Texas, including the entire series of bonds of which this is one, does not exceed any constitutional or statutory limitation. IN TESTIMONY WHEREOF, the City of Lubbock, Texas, by its Ulty Uommission, has caused its corporate seal to be affixed hereto, and this bond to be signed by its Mayor and countersigned by its City Secretary, and the interest coupons hereto attached to be executed by the lithographed or printed facsimile signatures of the Mayor and City Secretary; the date of this bond, in conformity with the ordinance above referred to, being the first day of March, 1946. Mayor, City of Lubbock, Texas UOUNTERSIGNED: City Secretary, City of Lubbock, Texas SECTION 9: That the form of interest coupon shall be substantially as follows: NO. ON THE DAY OF 19 , The CITY OF LUBBOCK, a municipal corporation of the State of Texas, hereby promises to pay to bearer, at the GUARANTY TRUST COMPANY OF NEW YORK, NEW YORK CITY, NEW YORK, the sum of DOLLARS ($ ), in lawful money of the United States of America, being months' interest on the "CITY OF LUBBOCK, TEXAS, WATER TREATING AND SOFTENING SYSTEM BOND, SERIES 1946", dated March 1, 1946. bond No. City Secretary Mayor SECTION 10: That the following certificate shall be printed on the back of each bond: OFFICE OF COMPTROLLER ) REGISTER NO. STATE OF TEXAS ) I HEREBY CERTIFY that there is on file and of record In My office a certificate of the Attorney General of the Utate of 'Texas, to the effect that this bond has been examined by him as required by law and that he finds that it has been issued in conformity with the Constitution and laws of the 6tate of Texas, and that it is a valid and binding obligation upon said Uity of Lubbock, 'Texas,, and said bond has this day been registered by me. v.ITNESS MY HAND AND SEAL OF OFFICE, AT AUSTIN, TEXAS, Comptroller of Public hccounts of the State of 'Texas. SECTION 11: BE IT FURTHER ORDAINED BY THE CITY OF LUBBOCK: That to pay the interest on said bonds and create a sinking fund sufficient to redeem them at maturity, a tax of Six -tenths of One CENTS ( _non /) on each one hundred dollars' valuation of all taxable property in the City of Lubbock, Texas, or such an amount as may at all times be legally necessary, shall be annually levied on said property and annually assessed and collected, or so much thereof as shall be necessary, or in addition thereto as may be required, until said bonds with interest thereon have been fully paid; and the said tax of Six-TAnths of Ona CENTS ( -0064 ) is here now levied for the current year, and so much thereof as shall be necessary, or in addition thereto as may be required, is hereby levied for each succeeding year while said bonds, or any of them, are outstanding, and the same shall be annually assessed and collected and applied to the purpose named. SECTION 12: BE IT FURTHER ORDAINED BY THE CITY OF LUBBOCK: That the Mayor of said City shall be and he is hereby authorized to take and have charge of all necessary orders and records pending investigation by the Attorney General of the State of Texas, and shall take and have charge and control of the bonds herein authorized pending their approval by the Attorney General and their registration by the Comptroller of Public Accounts. SECTION 13: AND BE IT FURTHER ORDAINED BY THE CITY OF LUBBOCK: The fact that it is to the best interest of the Gity that the authorized installation of a water treating and softening plant be made at the earliest possible date, creates this an emergency measure for the immediate preservation of the public peace, property, health and safety, as well as a more efficient administration and operation of the 1,ater Department of the municipal government, demanding that the Charter provisions to the effect that no ordinance shall be passed on the day on which it shall be introduced, be suspended, and this ordinance is hereby declared an emergency measure by unanimous vote of the City Commission, and the same shall take effect from and after its passage, and it is so ordained. PASSED, this the 19 day of March, 1946. APPROVED, this the 19 day of March, 1946. 1 Mayor, City of Lubbock, Texas ATTEST• I!el, - - - - — - - -- - " J City ecretary, City of Lubbock, Texas (City Seal) CERTIFICATE OF CITY SECRETARY THE STATE OF TEXAS } } COUNTY OF LUBBOCK } } CITY OF LUBBOCK } I, Lavenia Williams. City Secretary of the city of Lubbock, Texas, DO HEREBY CEkTIFY that the foregoing is a true and correct copy of an ordinance authorizing issuance of "CITY OF LUBBOCK, TEXAS., WATER TREATI14G AND SOFTENING SYSTEM BONDS,, SERIES 1946", adopted by the City Commission of said City on the day of March, 1946, (and of the 114inutes pertaining to its adoption), and that it has been properly enrolled, placed in the office of the City Secretary and approvers by the Mayor, having been recorded in Book page et seq., of the Minutes of said Commission. IN VIITNESS HEREOF, Ihave hereunto signed my name officially and affixed the seal of said City, this the —12 day of March, 1946. City Secretary, City of Lubbock, Texas (City Seal) No further business coming up for consideration, the Gity Commission adjourned. 0 Read and approved this tha 28th day of March, 1946. �0 .W W. RI b b'�e , MAYOR, City of Lubbock, Texas Atte Z1 y ecre a