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HomeMy WebLinkAboutResolution - 042529D - Canvassing And Declaring Results Of Election - Bond Issues For Municipal Airport - 04/25/1929 Best Available Scan 042529C) R I SOLUTION CANVASSING R13TURN3 AND .ZjXL.iR1N'G REJULT OF ELECTION Zf-13 STATE! OF TEXAS) COUNTY OF LU--3BOCYI) ciTY OF Lurio. o cK ) At a meeting of the City Commisaiun of the City of Lu-bockj "aeras, held on the 25th day of A-prilt A.D. 1929p at the regular meeting place thereof' a quorum being preocnt, there came on to be considered the returns of on election hold for the purpose of determining whether or not the bond!3 of s:: id City should be issued in the sum of $759000.00 for the pur-,)ose .4 the construction of municipal air port In and for oaid City, and it nppei7iring th-,t the prop - us it i one received the necessary favor,,jble vote, the following reoolution was passed: '11R711B,:i39 under :..znd by virtue of an order entered by the City Commission on the 18th day - f :Zoichp A.D. 1929,p an election was held in 9 - id City on the 23rd day of April, A.D. 1329, for the pur-pose of dEternaining whether or not the bonds of s�;id City shauld be issued In the sura of $75jp000*00 for the purpoue of the co�atructi;.,n of a municipal air port In ;and for said City; and$ , , 17 - : T� I -'- -".- J, on the 25th day of Aprilp A*D* 19299 the same being to regular session of the City CormissiOn of t'-oe City of Lubbock# Tex5s, there c-, re on to be considcred tile returns of the said election so held in zaid City on the 23rd day of j 11. prilp A*D. 11129v to determine 'Miether or nut the borw� 3 of sr -aid City should be issued in the Sum of Jeventy-Five Thousand Dul- laiu (-""}750000.00) for the purpose of the construct lun of a ci-pal air port in r.ind for said City, all of .3-,1id bonds notuxing, U ANOW 0425zql) sexially over a period of yeaxFj n..t to exceed forty (40) year3 from their dtite, and bearinG, interest at a rate not to exceed five per centum (5) per annum' payable seral-annually, vzturitie� and 3:A�_ of interest to be fixed by the City Com- mission, ond whether or not taxes on the one hundred dollaxs' valuation of all t�.ixable pro,,,)erty In .;aid City should be lev- ied for the payment thereof at nizituxity, said taxes being for t lie purpose of meating a sinking,, fund for the payident of said bonds# and the interest the:reon, -A matuxity; and, WIMIMASs upon consider -::tion of the returns of szAd. election, It appears that the same ma in all icapeote legally held, after due notice had been givenp ,.ind that the said returns were duly ,.-)nd le: ,_)1.1y mde and that thexe were oast !it the avid election 646 votes# of which there were cast - *P0J1R TIMIT ISSUAITCE OF AIR POPT0 , 3 OND" IN TM SUN OF $75#000,00 AND TRID LEVY. OF TAX IN PAMMTT THME-FOR" 436 vo tee "AGAL"WT TM3 ISSUANCE OF A.T_R PORT B0111),0' IN TJTj SUIT -OF $75 000' 00 A11D LEVY OF TxX IN UFO= THORB.- For 11 207 votes T11FREFORBs BF IT RP30LV7D BY W, CITY C(IM13SIC)IT OF THE, CITY OF LTJB130GKo TF.XV."3)9 that the propositi,,.ms to isaue said bonds and levy o:nid taxes for the -,)mrpose3 aforesaid were suatalned by a majority of the qualified proj)erty ta;_payInr voters, voting at aold election, and that the City Cormission of said City In authorized to Iooue said book and to levy and have assesoed nnd collected aaid taxer for the payment of the principal and intere,.�t of a7.id bonds !at maturity thereof. The above re3olutain being read, It was moved by Commi as 1 ­., nc r ) seconded by Cor.mlaaioner that the same do pa3s. Thereupon, the question tieing called fox, t he f o'llow InC, COMMIL3".3LOLF-1 ri'D voted 1,10* .and None PASjFD AND A.--'P.TIOV]-iDp this the - day of A-Drilp 1929* llnyoiv City o? Lubbocks Te=aae A T T "' T : ally SeFeErYD MY of Lubbock., Texas.