HomeMy WebLinkAboutOrdinance - 971-1950 - Street Improvement BondsI·
r
HI STNR 0. !IUS
CCIJift (8 DJJIIOCE
BOND
ORDINANCE
# 9 7 1
ern 07 lD8BOCX .a
OA W. the 9 as,-ot _..la'wll7, ~0, tbe C1V Coste·
81on ot tbe Cl.tf' ot t.blloot, teau,. aOII'niiUNl 1A l}eguJ.ir ,
nth t11e tal.l0Wf.l7s ..-a t.Mnot, to-vtt1
w. ll. Rodger~,
v. :a. Price,
:acczx•'*..,'"~ ~.
JoliD Spibe 1
Clare1:1oe WteeUe,
r.a...sa Loire,
--·
•
:
Cl• secn.•retaJ7 1
beiDa _....t, vlth t.be tolloril28 abaeat: -E.K Hufwtedler Jr.
oooetitatbs a tuona, at W.toh time-. tollow1DS p:rocee4.1Dp wen lads
ec.aiMScmer ...,.}w.;'/b.,.i ... t.-e.,;i .. d.e...,. -· tareetmted tor tU coa-
C1V SeontaJ7.
ec-teet.oDer _rlioojrw;l~Ql~§'"'----ade a stton tbat the
ruJ.e ~ o:rdJDIY'lOe•. be l"M4 at..,. tha ODe ... u.z.s f1l tilt ctv
co-18et.CD be 8Upell4e4 tf# the NUOD Bet tozotll 8114 4ef1Ded !n the JI'8Uible
ot 8&14 ~.. '1'he =U• was eecGDUtt lt' COimdaaf.oner ·spiJ;ses
aD4 ~ b¥ tba fo.llowSDs 't'Ote~
Camm1ee1oaer Whiteside
IA1Sa Bone. ~ I
I
(Sale of bo n1 s
voted Dec .,l9i:1:9)
--
OIJ)D~ 10. 971
u .,. em ~OJr or m CIH or uaocK, tBUS,
;tattUD.mJ raa -JSIJAID fW Cl'lr or UIII'D, BU81 6um:ll' liG'JG'INIIf JGIJB, SIID8 19501 II S laall•
GAB AliNiti c. ~,,ooo.oo, AD em ar rmMCS, f.IU8,
S1lWII DIJIJlO'tDDf 101118, fPliB 1950, D aa AGIIIGAB
AiUIIf o. t,o,ooo.oo, lldmJ li£Uiii Ill m RABB
llllmiA1'.Sil Sit JGIB, AID 1'.801'llmll lGI Ul LBn' 1 AUII!II!DJ' AD couactm• fJI A lAX SUtHCDif to PAt
Ul Dmf OW 6U:P IOBilB AID 10 CIIAB A SDIIIIJ IUIJ)
JOB !D MIM!ft'JDI t'i'W A! JIA!Vltlft.
WBIIIM, IIINtotoN Clll tile~.._, ot JO••nler, ~~
tM ClV C~•10D ot tbl C1V ot t.a-.book, !IDa, e4opt.t a neoluUcm
oellt:as • eleoUOD to • Jae14 1D •14 Ctv on i!ae 13th ._,. ~ »eo.u., ~.
CD tM fol.l.OW:tlte 1110,.,.1 uoaaa
mmemoJ 10. 1
"m.n ta. csv ca.ta•t• ot u. csv ot I.uli~M»ok be
au~HA to 188Ui8 the n.tsotlable !nteree\ 'HU'1.Ds coupGD boa4e
ot tile C1V ot fla\bOolr 111 tbe -.at ot ~,000.00, ~SA·
terNt at a rate or DOt exc..Uus tllrft ...a aoe-lalt (3t1U per
o•tua 1*P •nna• rw. date ...a •t:azoSDs at auoh tS.. ar ts-u
...,. be ~ .,.t ~eat. 111' tbt 01v cw-suta, aer1a1.1J DOt
later ta.a -.t,-tlw (85),.... fl-oa tbetr «aw, tor the pgr-
JOM ot .J'Oft»s, ezteDIS1as aD4 al~ puWo atreeta, awraan, .u..,., ~· .... ~ 117 »&ftlll, v14eD1J18, rat.1Ds, ~. tnuns, ft-J&vills or J'e•A.rfao!Da the ..... Ql' otbervl ..
~ lniOJl ttfteta aD4 hi~, aa4 tat' the P1IJ'»>M ot ao-
tU1rbls t'-ucea.u:r rSfl)lte-ot_,.,. 1raelteDtal. t.Mreto; 8114 a!lall
then be ...,.,,_, _ .. ,.., l..S.e4 8DI ooU.Ote4 apca all taable
~.WlWA tbe CU4J· of Llabbock, VllUe M14 baD4a at' azv: ot
t-. an OGtatqdtDa, a tax Rftf.ot.t 1D ...t to 1JIIq t.11e
.,.., iatezoeat OD nell lMm48 u4 'to JI'O'flP a •'nk1D& tu1 tar
tJaa ~ioD ~at •tarS.v."
DgP08J!IO! Jl). 2
•SJaU t'M C1 v ec-taa!GR of tM Cl v ot J.ab\oolr be
aatllort&e4 to tuae tile ~tsable lDYnat 'bMrtlls ccapon 'baa4a
ot ta ClfW ot Iabltook SA AD ew-.mt of .,,o,ooo.oo, ~ 1D·
tezoest at a rate ot not uceeUDB tbzoM 111111 ODI ... balf (*) JG"
cmt:a per """'-~ tate aDI •twms at aaoh ts. ar tt.e u
~ 'ate 4eemecl _,.t apecU.ent b¥ t!ae 01\)" o-'•atGD, ar1&l.l.1
aaot later tbiSD twent,-t!.,. (25) , ... tNa ~tr elate, tor the
Pl&rPOM of ccmat.&-uoU., •tad.iDB, nlarsSzts, ~ ml
e441Ds to tb8 •was• u.-a1 pJ.aDt, tutertDs w. a111t ..,~
~tor tile aenp .,at.,.-. aoqu1riDfJ lall4e 8.114 rtpta-
ot•-.r ¥1\hSD 8Dl wt~t t.be Uldte ot tb8 01\T ot Lubbock tor
·..oil ... se 41epoMl pai'JOMe, aa •'-~1as aD4 wteU~
a441t1aaal aantt.ar.r ...,.. llDN, eD4 Ual.l t1aen be lllftl•ll7 -•H4, J.enecl u4 collecste4 upcm aU taxable »rrpei"Q' Y1 tll1n
tbe Clt¥ ot J»blM)ot, VhUe aa14 baD4e or azv ot tMa are oat-
ataDdSnc, a taz ntttol•t m --.:at to pq tbe •nmeJ illtenat
em 11a01l ~ Ul4 to~· a 11M1118 hD4 tor tM re«.-.pUOD
'tbtnot at •taazof.V•"
.....
.,_,., au e.~.eot1oa .. ~ aa~. ~ w a t1ae
Ctv ot lAlbbook, ~. • the l3tb a., ot :DeotUeJt, ~91 at ·vtatcb eleot1oll
• -.10M-of tM lAt«ftlJ7 ~, ... el.lotore; ~ tau~ ~ f.D ..u
cu~, U4 ... w 4ul¥ naa ..... tbt ... tor tua•t•, ,ttms .t 1&14 •leoti.OD, 1
eutas.t tile ,:ro,o.St1aa. to SNu t.be W. be1'eimfter 4Mor1W _, t.ta.
fOUOiilaa Wtet
"JQ8 Dl DISUAia 01 Ill 8BII! AID BDlJIIl.A%
I I . i ~ ' ~ 1 ...., AD m tattml or BDS
D PAJMaf riA... &, 'otH1
".AGAXM -JMUAD 01 m SBIII AID IJD1l• vu DII'801WH BOlDS AID m Ll'fYW or
BUS D M1IIDII "'IIIIUI" 89 YoW.,
D)!OS1'i£IP! ao. ,a
..,. m J.SSUAa "' m SJIMII IUSII1QI IOJIII8
MD I'll llltll& 01-t.AD8 D ~ t&&Jr• 838 --J
•*DSt a DSUAICB ~ 'tJ11 BINIR BITD81tW
JCIJrs AID Bl WU. 0. fADB D PA!Mft
"IM... 61. Votee,
M b ntlecJW ill tM eleot1on ntut. Ml'etotoft tUea vlth the Cit¥
SeoNt.ai7J 8Dil
MIIRIAS, the cs.• ec.s.•toa det.eaSDM tlla~ tile oODUt1CIIl
et tile etHet.e &Ill Mld.W7 ~ taoUltt.ee ot tbe cu~ cout1tate a Ja&urt
w t1ae -.tev .a IIMl~ o~ 1'-SD!Iabttau IDA t.u.t tkftl"e usn. aa vsent
..-fW l~Wft...at, •ttll81oa. eDt nl*lr t.lliiftot &D4 U.t W. ortt.ace --
'be JUaecl .. • ~ •• ..,.. tOI:f' tM t•rliate pr•u vattoe of tM J1i.b].to
pMOe, .-o~, JlaltJl a4 -.teirJ
111 U OINDD 11' m C1'U 01 UIIIOCit
JI!!AIIpl !0 !P ... pl!O!MI! ..
1. 'lb&t tile boDSa ot eat4 Ott,' to be o~ ·ctv of labMok;
tau, Street llqirot mt a-t•, ec1.• )8,ott, be 1UUI 1m4R 6D4 b7 'f1rW ot
tM Cbaetl-UOG aall&w Oil U. a•te of teau, aa4 tbe CDMirter ot eaS4 01V;
tw tate ,_,.. ot ~~ .wMSDs 1111 alwriDg taWc .tnete, .,.....,
al.lJqa, htsl~Wp • bcale'IUU lv' ~. wH.q, n1.etDs, lftiASJts, ttlu,.
, __ /
.. ...,....,_ Cll' M•IU'taolDa -. .. or otJIIn1M ~ noh etnet. a4
~~ .a t<flt tbt ~ ot ~ the zaeo•fU7 z1ebte...at•_,. SA-
o14elltal tlaeftto, .&A -piJaot)ll -ot ftft lflala4n4 !wellt1 nw D.Qaeene1
($52,,000,00) l»llaN.
a. fta' a1t 1*24• eJial.l '-D~D~Mre~ ~ ODe (1) to nw
Jluld.ft4 ._. ftw (,a,), both S.lllet:t'e, ot tu 4el.laaS•t101l of ODe tlloaMJII
(tl#~.oo) »o,,.,. ..u, ..,....~ n,. Bill4n4 ~v nw ~
(~,ooo.oo) »onar..
3• tJat ..u ta.1e •hall 'be taw hllruarT 1,, ~o, uat
ell8ll ...,._ be aD& Pl¥&ble ~ u toll.Gnc .......
1 to 15, 'botal S.l., u to l;• • " ··~~~ ~l .. t ~.ooo.oo
hla'ualy ~~ ~952. ~.ooo.oo ~to • fj fellnlu7 1,, 1~, ~.ooo.oo to 60: 4t .. i'ebr\Jal7 15, l , ~ • .ooo.oo 61 to 76, • • J'elnaz7 15, ~,, 1.6,000.00 T1 to 92, • " J'e'bl.'\uu:7 l', ~, u,ooo.oo ''to 109, • • ••llnaarr 15 I l~T' 17,000.00 uo to 126. tt • ,.l.nal7 15, 1958. 17,000.00
lS1 to~. • ,. ••'brual7 1,, 1959, 18,000.00 "'to 163 • • ... hlllr\Ju"7 1,, 1960, 19,000.00
l64tctl82 "t • hllftu7 1,, 1961, 19,000.00 . ,
18,:i to Ia!, " " ,......, ~-1962, 20,000.00
203. :i' " tt l'•"bruu7 1,, ~· 21,000.00 22,. tt) I .. ,. h'llftal7 ~. t 21,000.00 ~,to 266, • • •• .......,. 15. ~ • 22,000.00
2(/t to*·· ... • rel:ftu7 ~. 1966, aa,ooo.oo -to 311; .. • hlnart 15, 1961, 2l,ooo.oo 312 1o 3,, .. • hllnu7 1,, 1968, 2 ,ooo.oo· "'to 360,
,... " hllrwlrT 15, 19$' 2,,000.00
361 to ~t 11 • hl:llul7 l,, 1970, a,,ooo.oo
to 11, • • h'lllruu7 1.', l971, 26,000.00
12 to~~ " " hllrlaaJ7 l' 1 l.Vl21 ey,ooo.oo
tO •• ..,. .. . J'ebnal7 l' 1 19'13, 28,000.00
~to..,, • .. JiebNU'7 ~,., JST'• 29,000.00
to~ .•.• • l'elnarr ~' l$7,, 30,000.00
"'·
I
flat .sa ~ .-u lMia' iatenn at t1ae au. u
licrabl. • AJtsUt 15, 1~0, uA .-...,...,,, tbaNe.tter oo. ret~zov.u7 15th aD4
\lUll~ ~tb of each , ...
,. J
tollDR:
ao. __
UBltD ftABS ar AJ8UCA
SUB or mAS
CCXJifl • DJ'IIC'U em or Jl18C"CK
StBD'f J:aiiiOtalllt IOI:D saa:amo
.1,000.00
De Clt¥ ot IDbook, 1D tM CClGil" ot Jc'bbook1 State ot
'l'GU1 & .alo1pal OCJr'jOftt.loa ~ Suoa-ponW \UIIltrr tbe law ot 11M State
at 2t&IM, tor wllle noetft41 ._ ... ._ ,.S.Me to PJ87 to tM beerer lleNOt on
011 I'JII1BAID J)QLJ'.MS
Sal.aWftal..., ot tt.ae VJdW stat. ot MeJ'1.oa, wttb 1Atenet tMI'Mil tl"'OI
tate -...ot •t tM ftte ot ( .. ) ,.r MD' per •!IDIJ81 1atereet pqa'ble Aapet
l,, 19,01 a4 11a1.eww117 tbeNalter ont.be l'th -4IQ' ot Vel:nu:r IID4 tJw
~-a., ot AJaeQet of -.ohJWtr 1 "Mtla l'l'iDDipal aD4 Jatft'eet ~le UpoD
p.reHDtatloa 8114 8UftlliiR ot lloal or' JI'OPf1" OCM»>A at tM JlnooaDtue Batlcaal
11M at nanu, Dall.U, ~, a4 tbt Cl\Y ot la:abllo&t, ttesu, le lwlnlw W
eD4 ~ llouD4 U4 lw Ntb ul cnlit aD4 .U t.uabl.e PI'OJU"-1A •14
ClV are llerebJ pl.ap4 r.-t1leprw:pt ,.,.._t ot the priao1J&l of W. boa4
at •tutv tl1l4 the Satenet tMNOD u tt aeen•.
fide lMtm4 1• 0111 ot a •e:rt .. ot l'tw 8m4re4 w.av 1'1••
(,a,) bcmb ot lib taor aA effect, ezoept u to IP"'ber1 blteeet nte aD4
•turt"', ....._... tz. ODe (1) to J'i't'e ..,._ twav l'int (525), 'botll1A·
olulw, ~ t1ae 4aoldlattoa ot OM lhoa•DI (tJ.,ooo.oo) »ol.l.ar'e euh, ._.. ..
U .-uae "'" Bu:lllre4 tareav n•• ttaau•"" (f~,ooo.oo) Do~, sa .. ~ t~~e
JUPGH of 1~, atDISDs aD4 al~ p'bllo etrMu, aftlll .. , allQ'e,
~ aD4 bou~ 'b7 Ja't'!Jis, wu..ms, atebfr, snASrae, t1U1Jrs, n·
-~or N-nrfao1Jia the.._ or otberlrlH s.,a-onas euoll etreete u4 hish ..
wp, AliA for tM PII'»>8• ot ao~ tbe MO•MZ7 rieJlw--ot•ftl 1DD14ata1
tbereto, 1IDI1er &D4 lQ' nrtae of tbe CoaetituUoD aDI. law ot tM state of
tau, tM CJiarWlt ot MU C1Q' 1 &DI paftR&Ult to AD 0l'd111Uoe puHil 'tv t1ae
ctv ec-t•t• of tbe C1v ot Dl'bbook, tau, trllloh ol'41Duae te ~of
noor4 111 tbt ataatea ot ea14 01 v ec-1•1oa.
I If r r !! :.: ,. ~· ~ ... .. C\ ffg ; M : .... ~-ttJ = I .r f -B ~ si ~ I ~ • I .. . ~ ! • ~ ,~. ~ ' r I In It II -~ ~ ;-i .. r • ' • l f I : i I s I I f 1 i I ~ 8 s l I ' i ~ I ; f I I I l ~ : 1 i ~ i f [ f1 ~ I i r ! ! ~ ' ! : 1 ' I l 1 1 : i i i i J I ~~·i· :!ll.iiJt!·t~l s: ~ i 1 ~ 1 ~ • ; ~ ~ 1 I 1 1 r J 1 ' ' & ~ v ·r•''ll i•ci!';,ltl~ta!=}' S'f -f4 "'~ tt I .., -~ J I tit C' o ~ 11 i i E f ~ J 4 l 1 t .. • i .:t . ~ ~ f I I I I i J I : I : I J I J I I I ; I j I 1 , a , ·, 1 1 ~ ; 1 • c 1 ; ~~ ~ , , : a · 1 r I . l ~ i I tf = 2 s; I . .. a r ll !e i iBtl ... 1~ i:i p i· f If • St I If t; ~ i ! I '~· ~ i I 1 & I ! l • r ' I i i f r f • I • l ~ • ~ -• 'g ~ f ! i . It f i I f l . 1\ ~ 1 I II : g ! ' f fl r: I ~ I I r ... I ! It 1 8 I. ~ a .. ll..-4 &... ! f .. ·r 1•~: fi ' =irl(· ls .. s. a!rlaitlif f ~ 1 :r S' .. 3 I f f ~ ., & I li Q t: II f I ! ! ! i ; I ! ! I ~ f I I i I ! ! i ! I . ~ ! 4 ' : J ~ I ~ .. ' 4 ~ i • \.
._ Clff' ot !Alb'"k' !exae, wtU s-.1 to bearer, at the
lldoaatUe latloaal Jut at DIU~, J)all.u1 tuu, tM na ot -· __ _, __
..... _______ c• ) J)olJ.U'e, in laVfUliiDMJ' ,r the UD1te4
Statee ot __.loa, Mills 11:& MOtU• ~t tlae tbat .. oa "C1" of'
r..~, ftDit, SQteet ~t Joil4, Serl• 19,0_,, tatea Jle'bftu7 ~~
_, ii;Oi •.
,P!IjFQpg to !I! .. ipl1!9!llp! -
T. -~ the boD4a ot 81d4 01" to be aalle4 "C1t.J ot
la)baok, .,_.., snv Illpl'M•at Joada, Serle• 1950!, be ieaet UD!er a4
'b1 9Srtue o~ the Coaatltutlon aD4 law ot t.b.e State ot ,_.., u4 tbe c:urter
of aat4 CttQ., tor tbe purpoee ot OCIUtl'Uottus, cteblt~, ~-~ ~
a~ aMtns to * enaee .tu .. l _plaat, ttltel1Jrs ... aat 4111»~ ~
tor the..,....., ...... , aD4 aequUS.., .1aD4a anA rtshte-ot·vq wit!ala 4114 vith ...
oat tta. Uldta ot tbe ClV of blbbook tor IUOh le'lfa88 Uapoaal. PV'JOHC, u4
eztea~sns eat iuteUSQB a041t1CW"'J Nldtarr • ..,.. liDM, ill tile ~tpal na
ot "" 1lm4re4 rs.tV t~aaaeaftd <•,o,ooo.oo) J)ollan.
8. !liat •U bc1a41 ~~ M 11111ben4 tJ10a OM (1) to flft
JIJDia4 ftfV (',0), -..otlltDcl.Utw, QaU be ot tM 4-Saetlon of OM
ttaoL-aa (tl,OOO.OO) »olla'ft each, aaresatus J1•• amana ts.rv ~IID4
(t55Q,OOO.OO) »ollaJte.
g. fta' ea14 baa4e ebaU be dated l'e'bruu7 1,, 1,0, aD4
U.U beocae 4ue aa4 Pl'tfable •..S..lll' u ·tou.onc
!011!. p!I!S I!W!l!f pAp§ .!!QJI'tS
lto 15, loth bel., h'brual7' 15, .1951, • ~.ooo.oo 16 to 31, • .. hltruar¥ l,, ~. l6,ooo.oo
32to IJT, • " l'e'brual7 15, 1953, 16,000.00
~&&to a, .. n Je11Nez7 ~. 1"', 11,000.00 ,, to 81, tl • "-'bnai7 ~. 1955, 17,000.00
82 to ·98, " .. ,...,_.,. IS, ~~ 17,000.00 99 to 116, ., ft hlnal7 1.5, mx~ 1.8,000.00
UT to 135, " • ,..~ 1,,.1~, 19,000.00 uo to 1,.., .. .. ,..~ 15, 1m, 19,000.00
155 to lT,., " ' hbNal7 ~. 1960, ao,ooo.oo
1., to 1~, .. .. .hbi'UI7 1,, 1961, 20,000 .. 00
195 to 2,0, • :februal7 151 1962, 21,000.00
216 to 236, • • Jebrua17 1', .1.963, 21,000 .. 00
toUont
.AE!J!!§
• ea,ooo.oo 23,000.00
23,000.00 ~A,ooo.oo
2,,000.00
26,000.00
26,000.00
27,000.00 aa,ooo.oo
29,000.00
30,000.00
31,000.00
Jor.ata ... 1 to ..l.2L,, 1oth iDol., ..:;.,__3. »• MlPP'i ........ l2a.. to -,o;--.. " ~ »er aDID'II,
Nabl.e AuaUt ~. 1950, Ul4 eal-'liUSial)7 ~ oa Jtebnu7 lSt.h m1
Ail&Ut l'tll ot each ., ...
foUont
10. __ _
11. U. toa ot AU 'lwMa48 elaiLll M eulletantlalll ae
UlltiD stABS OJ' AIIIICA
87AB 01 !liAS
COPtJ or .tDB80CI em f1l D.JIIOOE
-~··· SBRDB 19,0
!.be 01_. of r.blloot; fA tile CcJurdi7 of l,ubbook, state Of
l'du, a ..UCS,.:L ooaapoats.cm «al¥ 1Daozpmate4 \lD4W tlut 1&¥1 ot tM State ot
-.., t• m• ~·•"'• ~»~'•)7 WCI'l ... to pq to'*~ ~aenot oo. the
0111 !JI008AII) »>.LT.AIS
1D l8f8l. ..., ot t1ae VDi Wet etaw• ot AMr1ca1 vltll interen tbenoa troa
4ate Jlenof at tile Mt. ot ( ._) ,.-ceat per •IIWil, mtereet ~ble A.UsUt
-0, ~~ aD4 Ma1.eDmJ•ll7 thenatte OA hlnaJ7 l'th aD4 Mgult l'th ot
eull 7eiar, both prtnoipal u4 ta~et pe.J'&ble 1l110D JHBeDtatiOD. ;.,_ .........ae
ot bol14 or .»l''ptJ' 0011»011 at tlae MncaatUe a~tODal laaU at DIUu, xan••,
~, &1'14 tile Cltl of tul*ok1 IJ."au, 11 !wln't\r l&e14 ad flnall' 'bouDl aD4 tte
tatth u4 ore41 t aD4 aU tazable 'Pl"'s-l"'tf 1n eal4 C1t1' ue !aerelQ' plecJae4 tor
1M pzwpt ~t of the Jl'Sl\o1pal ot t!d.e bod at atunv al'lll1 the mtel'eet
ftl• lMm4 1e -. ot • Nri .. f¥1 rtw liiDift4 l'itV ('!'0)
~ ot 1SU w..r a1 etteot, __,, ae to .._., mt..-.a'\ rate u1 •tun ,.
DIIJihH4,.. ODe (1) to rtw Jlmb'e4 "'-('50), both taol»aift, of tbe ...
..S•UGD ot Qae 'J!Iaa•nd (tJ.,OOO,OO) J)ollan eeoh1 ._,..UJts lift ..,.._.
rUV lllaaMII&1 (.,0,000,.00) »oU•B, fMu6 tor "tt. ~ of oaa.tnetbfh
ateallq, ~~ ~ IID4 ... .._ to t.ht • ..._. 41...,..:&. tJ,aat,
tUterin8 'hU Ulll •VS. ___.tar tile~ 1Q'ateill1 _. aot.U11'Ua 1eD4a
8114 Jl1fllw-ot--r witlda U5 • ._, tbl uatu ot tM Cit.J ot Dabllook tor
aob ...._. UQOeal parpoNa, 111111 ~ aal !uta'Un& dUttoaal.
lUll tu7 _. lJ.Me 1 ua4el' ...a b,J ..-snu. ot tile ConeUtatJ,oa aD4 laW8 ot
taae staw ot ttau, tbe Cllu1'AI" ot ...,., ftt.J, aaa4 parnaat to • oNSD~Da•
}Uae4 llr taae Ot.,. Ga!MdaiaD ot M14 ct" ot t.a'b'*k1 , ... , wJateh GlrtiDI.Doe
t. bll ot ftOCIII't SA tile aillat.. ot -.14. Cit, Ct-4N1ao.
• tate ot as. '-4 ta oaat--.v nth tM GlrtiDI.Doe
..,. ..u~ 1e ,.........., ,.,, ~.
AID 1'1 D mD'f CllltD'JID AID BOnD tllat the iuua~Mte
ot W. lloal, 8111 tM ...S• ot: Wlaloh it u a ~' 1e 4~ autbonaecl b,J l&Y
..., _. a wt. ot tile neu.t, tul1fie4 ·~ton 1fM oa --~ Jiii'OPHV SD
•tel Ctv a4 eo 1114 ~ ~ tla• .._ te taat1oo 1a ~ Cl\7 fit
blblOok, ---~ WUJts at &ll elMttO.O lle14 f(IZI tJ.t pal'pOie Ylth!D K14 OlV
• tM Uth tq ot .v.o.-...r, ~; tat all u-., O.U.tloa.l u1 tl!&l-.p .,._
tuSN4 to ..... p.NM~•t to alb tile ...... ot tla1a Mrl .. ot ~~
a4 Of tbU ltODA, law bMil PI'OJII"~ t-. .-I peJ'fiOL&II alii llaw llaP1**\ 1a
ft8'llara4 ... ts., tara 8D4 .,.,_. U fttUint 'b¥ laWJ that lnlftto!eat Ull
JI"'JG' JI\Wlatce t• tM l"J M4 eoUeot.t.• of t:aue-. bnD .ae; yldob,
*-oolleoW t11all .. ap)INJI'iatef. aoluift~ to 0. pepm\ ot We llollll1
81:14 ot u. ...... ot vhloh tt h & ,.n, ad to tbt ...,.., ~ the s.. .... t
OOilJCIW·Jieftto UD~~Ze4 u ttae .. U&ll. bee .. taeJ U4 tlaat tJae total sa-
ulste4MN ~ 8&14 Ct-ot IR,_boa1 rau, .11Jolu4Sq ~ eDtift lfl'l .. ot
'-4a of Wlaioh W• 11 ODe1 4oea DOt ..... a1W OOU~i-Uorel f# •tatutoz7
1111\tatta.
D W1fiE8 WIIDIOJ, tbe C1" Of •111aoo~,. !'au, lo" 1W
ctv Ca.ialoa )U qautl tte tOI"»>ftte eeal to 1»e atttzel ber.w, IIDil tb1a
.... to '-•lcDI4 lr t~~e ..,._ o oCNiltentsae4 1V the ctv ._...., •
tbe 111-..t ooqau ~ •"taollel to 'M GeGlltM tv tiM UtJaosl'a»W e
pJatea tao.sau. alp._. ot "-J~~qoJ> eat etv BeCNtu7 u ot tt. l,th.
dq f1l hllrul7' ~-
lliiOi", ct\i ;r z.bbOOk, m.
Cottli'.SEJDIDt
4t(BODQ .,.. 1 W _ _... -"' l)otll ta.ol .. 1 ~ Pft ..,.,.;
.... 818 .. -tic). I. ' " • r ~ fer ...... }.
12. De foal Of OCN»GGl 0.11 W" ft,_t.AtSalJ.7 .. foll.oWt
OSBI~MJOI
19 ----------~ ----
. ..... __ _
• Cf.V Of S.bllOok~ 1!aaa 1 vU1 pq to beal-er at ~
~le liatloral Jed at p.nu, JMnu, tau, "* aua ot ------
11 ......... _.._ ...... __ <• • 1 , 1
13. lila\ •"*taat1&1l¥ the tol.l.oWSD8 oertutoa• uau be
prSDW a tile '-ok ot eaoll bcml.:
I
I IIIIDI WilfUl tbat tlaeN u on tu.e &114 ot no_, in IV
ttoe a c..uttea'le of tu Attont~r a..nJ. of tM &taw ot teatu to the ethot
\ tJda boa& Jlu 'been Gee!ne4 lJT Jda .. zoetuJ.re4 lir law 1 u4 tJiat be t1JIU
'1' 11ae laND llt8Q4 1a 00Dton1v With the omatttuttoa eDilla• ot the I
-ot t'elu, aD4 'Wae Clbal'1le ot ..u Cl\Ti 8114 tbat 1'-te a ftl.14 e.D4 blD4-
obUatU. •PGD •14 01_. of I.Uboat, tuae, aDA ea14 boD4 baa wa 4q
neS.bred "' ...
\__"
(SIAL)
ao;;prm Oi hit!O WauaG Oi' t& state or t.ae.
1.\. ,.~ tU pJ:iDD1pal. .. ta--t of N14 'boDI• ellall
be ,.,.~ QOZl pr•.-ucm. u4 ~-of boDI or ~ eoa»>A at tile
.,_UJA .. Uoaal 1M* at laUe•, 11111•1 twu. ·
~. ., ... ll ot .au boJ8 .au -li,..a b7 tM --
lilA OODteft~ lV' \be CS.V Beaftt.G7 a4 tM OCII'»>ftW --.1 ot ta. Clt.r ot
f.u)loolt1 twa, abfaU M 1JQfteaet 11poa tuh ot tMa.
16. !Jia' ·taae 1Me1•U.e eSpatun• at tile IIQ'c:lr aaiOS.tJ
8Nnte.J7 _, '-U~pbla w prlaW • t.bl ~,_. attaoW to ..U. Wa
eat le.lA taoeSIIl~ •Scatun• 1llall. !aft tile .._ etfeot u 1f tllq 1184 l».-
aentel-'17 b3 t.lai..U ottlolala.
17.. Dat e}MIOS&l tab tllaU 'M .... w IIIII _.. l»re_.
.... w to ..... isla .... toll.on&
cs.v o1 r.u,_., '--• StNet ~~• ,...., s.rs. mP ru~";
•a• or fatabeok., tau, saw llrptowr ., ._.., Serie• 1.g,o hal•.
De JIIOO .... ot &11 1a:r0 ooueow tor • • •ooaat ot euh eeri .. or ....,..
Mall h oftltW to .. h aoJt. tu1 tor t.M nc~..,uoa of Jai4 'bollb at
•tran'-' a4 to pq the mterHt u lt aoon•• tllltft•, ua ..u tala eblll.
be UJe4 tor • otaaa-l'VJOH• to _..._ ..U fiDIII• a ta Oil U... au am4n4
(tlOO.OO) lol.l&n' ftlaUca ot t.uaU. ~ ta the CIV of I.la'b'IMMsk1
-._ 11 -..111 lftle& tortbl ,.., 19501 tor tM n..-,.etlft s..n.. ot llaD4I
uhUonc
ew.et '-"'•rut ....., ..... • -.. • .. --,0~2 1 ~~
S.... ~IFJilt JGD48 • • .. • .. • .. • .. ,. ,04J -·
Biola,.., ~ wld» _, ot .U baa4l or 111tuut 4u ~ ere a-
pd41 .a at tM tS.. ou-r C1t.Y tax• a. l.e'tie4 eb:&l'ba MS4 7-.n, ~
4&11 lie c-..w ..a aao~ na-t nte ot tax, 'buM UPGD tbl lawt
&Jprcmt& -rol.1.l ot eaU C1tt• will '-DIC•IU7 1 ftClUilW alii ntt1ctleat
0
to fllll.'r -'-• N1ee aDil pJ-04ac. lD -· of ... u , .... ·the cnal'l'ellt lrl-..t
eDI the ftt'lln4 • .,.t. et • »J'1JJa11*1 tf# .uoh 7...,, tw each tuu of
'bolita,~ • ~te pan tbereot, a4 a tu at qoh rat.1ttt1Wt. tile
ptNI.ttet at. • 1M ~ .a&Dbd »onu.• ftlaattoa •ball 'be l..S...t, ..... ..,.
8114 aolleOW. lViDS ..oh ot Ri4 ,._.., t01t -.h tea• of ltOaU ala4 ea14
taa 1• hen\v' le"fte& aal 01'4en& to be ...... , at coll.eotet, 81114 t1ae teu8
colleOW allall 'N agplle4 to ..:14 POI"JOM eD4 to • o..-)lii'JOee.
,18. tMt to 1*1' t.U Saten&t vhloh vUl aomae oa •oh
of aa14 1aaue of 1KD1.t OA.AqiUI\ ~. 1950, tllue u ben_, •»PI'OJI'1&W oat
of aftilable tub tor tbe Ha,eottTe uaea ot bo.DO u touon:
...,_. lltpro'a•D\ lcD4e .. "" • • ... • .. -• .. ~,QOQ.OO •
fhe ..., tJau a~laQ4 ..U be ue4 tw DI»"<OthW JUi08e tbM to pq
aatt tJrtenat. e...,_., ot• Beoretu7 aA Otv TN&ftJW u. JJ.ere'b7 41Nc$t
.a to to -. aD4 all t1WJse DMHM17 ar ~eat to acoa..,llih tlla JU"JOH
19· Be tt ~ cnaiDel tbat tt.e ~ ot M14 01v
ebaU be autlloftae4 to tan a4 !law ~ ot all neo•ear, nearde ·peDAtDa
mwat1pt1oa \f' tile AttorDe7 Geurel a4 .allall tate ua4 haTe ..._ 8011
cODtrol ot 'Uie bcD48 Mtetn aatbcartae4 peD41JI8 .. II' approm b¥ tile Attoi'M7
Ceamtl., rq18t:ratt01l lo' the Coaptftll.eJ' ot hWo Acoouta 8114 tlletr uwal
4eltWJ7 to-.~.,. th-.ot.
26 •. Tlat tile •J.e of tluJ ~ lterei.Jl matlaol't&el to
Blyth and Co., Inc. and Associatew I 1 ...
________ .... __ _.. __ ...,....__, at a il'iO• of Jar aDA aocrie4
tntueat to oate ot 4eU1V1• »1M a J,ftlllua or t161.25 I 18 .....
coatu-4. l)fUftl'7 ot •oh 'boD4e a!all. be a4e to euoh parohaMr aa eqoA u
_,. be after t1w »ae-.. of tb.U or4JDaace apm ~t t.beftfOl" 111 eocOJidaDce
.12l tU t... ot eal.e.
P.aeaD AID QrBIJU'I) We the o 4el ot J'el>ftU"', 195(). ~·· ~.crv~p5
u
1, the alenS.p4, C1V s.creta17 ot tbe CS..., ot I.Mb'boot,
tuu, to hlft1:J1 oeUfJ' tbat; tae Uoft Nl4 toresotas u • true, Nl aDil
OOI'I'eD' oow ot a 01"4'••• »UM4 ._, t!2e Clt.J co.J.aa10D ot tu Cit¥ of
l'M)bod, rau, (U4 ot· the ldllate• pel"*&SntDS thltnto) OD the ~ -of
~.-....,, ~~ •th01'b1as t1» S.I81UUIH of t,a,,ooo.oo -ctv ot litbbook, ,_.,
Street X.WOte~~~at ·Bo.ra48, Sertee wo,. ea1 .,;o,ooo .. oo etv ot tJlbbOok, ~ .. ,
Belfer .,..,._t lora4a, Seriu 1950; wh1oll Ol'dlafUlCe Sa «Ull' of rec-.t ill
'1'D STAB ar T~~AB
COU1ft'l .0'1 L1JBBOCI:
CITY or LtlBBOCE
The tollovtne is a complete state~~ent of the 1ndebtednees
of the Cit7 of I;abbock, Texas, 1.IIClud1ng the aeries of bonds proposed:
I.
Cit7 of Lubbock, Tezaa, Street lmproTement Bonde,
Series 1950, cla.ted J'e'bruar7 151 1950, numbered One (l) to
P1ve Jl1md.red twenty J'ive (525), both· ia.clusiYe, of the denomi-
nation of One Thousand ($1,000.00) ~JJ.ars each, essresatine
F1•e Bnndred 1'Venv J'1Ye !b.ousend ($5251000.00) Dollars, bear-
iDS interest at the rates ae follows:
Bonde Bos. 1 to lJlL, both incl., ~ per annum;
loDd.s Wos. Jjl to ;z;-, u '* ~ per ammm,
pqable August 15, l950 1 a:n4 semi -aDnua..l.]J' thereafter on
Febru.8:1'7 15th and Au.gust l.5tb of each 1ee.r an4 maturing
ser1aJ.l7 as follows: $15,000.00 2/15/,1-;4; $16,ooo .. oo 2/l;J/55-56;
$17 ,ooo.oo 2/15/,7-58; fl8,ooo.oo 2/15/59; fl9,ooo.oo 2/15/60-61;
•ao,ooo.oo 2/15/62; t21,ooo.oo 2/15/63-64; ~2,ooo.oo 2/15/65-66; t23,000.oo 2/15/67; 4,ooo.oo 2/l!>/68; •25,000.00 2/15/69-70;
.26,000.00 2/15/71; 27!000,00 2/15/72; .28,000.00 2/15/73;
$29,ooo.oo 2/15/74 and t30,ooo.oo 2/15775.
City of Lubbock, '!ems, sewer l:mprovement Bonds, Series
1950, dated Jeb:ruat7 15, 19501 munbered One (1) to Five Bm4re4
FifV (550), both 1nclus1~1 of the denomination of One Thousand
(tJ-,000.00) :Dol.l&rs each; aegregati~Jg J'ive ltlmd.red :Fifty Thoue&Dd
(.5501000.00) J)oll.ars, bearillg interest at the rates as f'oUowa:
:Bonds los. l to 194 , both incl., _3.__1, per aDnum;
llonds los. 195 to 5501 ,. " -::.s::J per anrmm,
peqable August 15, 19501 u4 semi-amma~ thereafter on
Februal7 15th and August J9th of each yee:r, and matur1J3e seriall¥
as tollowss $15,000.00 2/15/51; *l6,ooo.oo 2/15/52-53; •17 ,ooo.oo
2/15/!'.4-;6; .18,000.00 2/15/,7; .191000.00 2{15!;8-59; $20,000.00
2/l5/6o-6l; •21,ooo.oo 2/15/62·63; t22,ooo.oo 2/15/64; t23,ooo.oo
2/15/65-66; •24,ooo.oo 2/15/67; J25,ooo.oo 2/15/68; t26,ooo.oo 2/15/69-70; ~ ,ooo.oo 2/15/71; 28,000.00 2/15/72; .29 ,ooo.oo
2/15/73; .30,000.00 2/15/74 and 31,000.00 2/1.5/75.
II.
OU'llS!AIDIIG l!OBS
Citl of Lubbock, Texas, CitT BalllSonds, dated
December 20, 1923, orig~ually issued 1n the amount of $75 10001
bear111g interest at tbe rate of' ~ per annum, now outstand.-
ing in the amount of t4,2,ooo.oo, •tu'iJ:Is eerial..lJ aa follows:
$3)000.00 6/20/50-63 - ---- --- -- - - - --- --$42,000.00;
.-
C1v of Lubbook, tuu, Street Illpl'O'Yellent Bon4e,
Series .19241 4ate4 *" 1, 1924, or1g1naU7 18eue4 1n the
a.Nnt ot •360,000 .. 001 beuoi.Ds interest at the rate of 5i;
per AI\Dljm, DOW outetaaUng 1D the uount of .15.0,000.00,
mtvine Hr1e.ll1 ae :tollGWst $101 000.00 4/10150-64 - -.150,000.00;
/
Ctv of I»bbock, tuaa, street l'lllprOYaent laoDde,
SQ'ies 19251 dated :rebruaz7 201 19251 or1g1n&l.l1 issued in
tbe a110unt ot .a,,ooo.oo, be&r1ns interest at the rate of ~
~r ammm, rJOY outate.nding 1n the amount ot •53,000.00,
-.turq eerial.q ae :follOYe: .3,000.00 2/20/50-60 an4
$4,ooo.oo 61-65 --• ----- -- - --- ---- --$ 53,ooo.oo;
C1Q-of Lubbook, !'ezaa, Street Dllprovement Bonde,
Series 2 of 1925, 4ate4 JUl1 15 _, 19251 Wig1Dal..q 1esue4 1n
the uount of •50,000.00, bMl'ille interest at the rate of 5f per annaa, nmr outetan41Dg 1n the aou.t o:f $321000.00
maturing ae1'1all1 ae :follows: t2,ooo.oo 7/1'5/50-65 - -' 32 1000.00;
Ci t7 of l»bbook 1 fexas, hn41Ds »onds 1 Series
1927 ~ dated Jffq 201 1927, original.l.y 1seued 1n the amount
of t650,ooo.oo, bearins interest at the rate ot 5fl, per
anm1m1 nov outstancune 1n the amount of .372,000.00,
•tvtDe ser1al:Q' as follont .13,000.00 fJ/20/50-51;
$15 ,ooo.oo 52; .1,000.00 53; .17 ,ooo.oo 54-58i $23,000.00
59; $1.7,000.00 60-61; .18,000.00 62 and. .30,000.00 63-67 -.3721000,00;
Ci t7 ot J»bbock, !'eus 1 Street Dllprov~t Benda,
Ser1ea A of 1929, dated :rebrwt.z7 ll, 1929, or1s1MJ17
issued 1n the aaount ot .1351000.001 beariJlB interest at
the rate ot ,_ per ~, nov outstancling in the amount ot t76,ooo.oo, maturing eer1aJ.l1 ae tollonz .4,ooo.oo ·
2/11/51-69 - -• ------ -- --- ---- ----•• 76,000.00;
-city ot Lubbock, !uaa1 Airport Bcm.d.e, Series
19291 dated Augttat 1, 1929, orig1nallT 1anecl 1n the aount
of tT,,ooo.oo, bearins interest at the rate ot ~ per annma,
nav outatand1Dg 1n the am.ount ot • .38,000.00, •turtns
P1"i&ll7 as follows: t2,ooo.oo 2/l/51--69 - -- - -.. -• 38,000.00;
C1t7 of I.ubbock, texas, Street Daprovsent Bonds,
Series • ot 1929, dated August 1, 19291 or1s1naJ.~ 1eeued in
the ...nmt ot .90,000.00, bearittg interest at the rate ot ~ per anmm, now outstan41nd in the amount ot ~,ooo.oo,
mturing ser1a.l.JT as :follows: $2,ooo.oo 2/1/')1-55; end
.3,000.00 56-69 --- ---• ----- ----- --- -• 52,000.00J
C1 w ot l)lbbook 1 Te%&s 1 Storm Sewer :Bcm48 1 Series
1929, elated Aueut 1, 1929, or1g1~ 1asu.ed 1n the amount or •6o,ooo.oo, bearing interest at the rate of ':If. per azmum,
nov outstending 1.u tho e.mount ot $38,000.00, •tu11..ns
ser1eJJ.y as follows: $2,ooo.oo 2/1/51-69 - --- -- - -• 38,ooo.oos
City of Lubbock, Texas, J'1l"e Station Banda, Series
.1939, dated October 1,, 1939, or1s1Dal.l7 issued 1n the amount
ot $501000.001 bear1ne interest at the rate o:f 3~ per atlnum,
now outstencU.ns 1n the amount of f20,ooo.oo, Daturins
ser1&117 as follona $3,000.00 '4/l/50-55; and t2,000.00
56 - - - - ----- - - - - - - - --- - - - - - - -• 20,000.00;
C1 v o:f Lubbock 1 Te.xas 1 Storm Sewer Improvement
llond.e, Series 19401 4ate4 J'eb:ru81'7 11 19401 or1s1nelJ..y issued
in the au.ount of $300,000.00, bear1Dg iJltereat at the rate of ~ per emru.m, now outetendtns f.n the amount ot •1oo,ooo.oo,
1118tul"ine eeriall;r as followsa $20,000.00 2./1/51-55 -... 100,000.00;
..
\.._/
011:7 of Lubbock, tezu, Jlire Station Bui~d!Ds
Bonde, Serlee 19461 4ate4 -.rGh 1, 19~, oris1»eU~ 1ane4
tn the aacunt of ~o,ooo.oo, bearine 1ntereat at the rate
ot • per annum, now outatM41D@ tn the aount of
•~,ooo.oo, •turine ••rt&l.JJ u tollon:· t2,ooo .. oo
3/l/50-61 aDtl .3,000.00 62-71 - - - - - ------... 54,000.00;
Cit7 of Lubbock, ~., Pol1c_e Station Building
.Bonds 1 Series 1~1." dated ~torch 1, 1946, ortgtna.1l7 issued
1n the amolUlt of f001000.001 beari.D8 1ntereet at the rate
of ~ per &mll.lm.1 now outstanding 1n the aaow1t of
.. 1.9~.ooo.oo, maturillg ser1aJ.l¥ as follows: $31000.00
3/1/')0-'58 and $4,000.00 59-71 -~ -... -· .. - - -... -... 79,000 .. 00J
City of l»bbook1 ~ Bquip. Stonee and
Qanse Bu11d1ne :8onds, Series 19(6, dated Jferch l, 1~,
origill&..l:q issued 1n the emount or ti)o,ooo.oo, beu1J38
interest at the rate of 1ij per annum, now ou.tatmldillg
in the a110tmt of .t;4,ooo.oo, •tu.r1118 aeri~ as tollove:
$2,000.00 3/l/50-61 and $3,000.00 62-71 - - - - - - - -• ;4,000.00;
C1 t7 of' Lubbock, 1'exae, lire lqu1PMnt Bonds,
Series 1946, dated. llaroh 1, 1946, or1g1na117 issued 1n
tbe ~tot ~,ooo.oo, bearizls intereat at the rate
of ~ per anmm., nov outstaDcUns 1n. the BJIOUD.t of
.1,.9,000.00, •turing serial]¥ as follows: $1,()00.00
3/1750-68 -• • -- -- - - - - - --• - -- - --- --· 19,000,.00;
01 t7 of I.abbock, i'uaa 1 Park Bon4e, Series
1946 , dated Mareh 11 1946., orts1nal.l3 issued in the
8D)Uilt ot t64-,ooo.oo, bearing 1Dtereet at the rate of l~ per anaum, DOY outstanding in the amount of $58,000.00
maturillg eer1aJ.l3 as follon: $2,000.00 3/l/50-57 and
.3,000.00 58-71 - --.. -... ---.. - - - - - - - - - -• 58,000.00
Oit7 of Lubbock, !'exaB, ~cipal Airport
Bonda, Series ].946, dated lllroh 1 1 19461 or~inAl~
1esued in the aD)Uilt of •36,ooo.oo, bearine intereet
at the rate of 1~ per annum, nov outstanding in the
aDl\Ult of .33,000.00, maturing aerial]¥ ae :follows:
$1,000.00 3/1750-60 and t2,000.00 61-71 .. --....... -.33,000.00.;
011:.7 of Lubboc;k, !l'Ua8, hblio Ju1.ld1Jls,
Aud. &nd Col. Bonds, Series 19~, dated March l 1 19.1t6,
original~ issued in the amount of .300,000.00, bear-1~ lntereet at the rate of 1-j1, per annll'll, now out-
atan41ns in the amount of f27l,ooo.oo, maturtns
ser1al.ll' as f'ollove: t1o1ooo.oo 3/1/'50-52; $n,ooo.oo
53-57; $12,.000.00 58-61J tl3,000.00 62-65; ·1~,000.00
66-69 aDd tl5,000.00 70-71 -- ----- -.. - - --- -$271,000.00;
Oity of Lubbock, Texas, Street Illprove11ent
Bonds, Series 19!J.6, dated March 1, 19~, or1g1nall-7 issued
in the amount of *325,000.00, bear1ne tntereet at the
rate of 1~ per ammm, now outeta:n41n8 m. the amount of
$2741 000. 00 maturing serially ae :follon: .ll 000.00
3/1/50-53; 412,ooo.oo 5~-57; $13,ooo.oo ;8-61; $14,ooo.oo
62-64; •151000.00 6;-68 and $l6,ooo.oo 69-71 - - - --t274~ooo.oo;
City o:f Lubbock, ~xas, Street Lighting Bonds,
Berte& 1946, dated Mu-ch l~ 1946, or1s1M.ll~ issued ln
the aount of t65 1000.00, bear1Dg interest at the rate or 1~ pel" A.JDllla, nov outstanding 1n the UKJUnt of $591000.00
:maturins serta.l.l7 as :follows: t2,ooo.oo 3/1/;o-56, and
$3;000.00 57-71 - ------~ • --- - - - - - ---• 59,000.001
. C1v ot t.Rbbook, ~" Street Illlprcm~~~ent Jond.a,
S6r1ea 19~7, dated JU)3 101 19-.7, origi•J 17 issued 1n the
..,unt of *275,000.00, bear1ne ~ an4 ~ 1ntereat, nov
outstandiDa in the amount of f2,S,ooo-.oo, •turme
eer1all7 u tollon: •lo,ooo.oo 3/10/50; •u,ooo.oo 51:..52,; tJ,2,ooo.oo 53-54,; •13,000.00 55-56J •14-,ooo.oo 57; ~ .. ooo
58-60J $16,000.00 61-62 and $17,000.00 63-67 - -- - --$258,000.00;
C1t.7 ot t)lb'bock) lfezaa, Street J..iehtiDs :Bonds ,
Ser1ee 1947, dated J'al¥ 10, 1947, or~ issued in the
amount of .51,000.00, bearlns 2!/. and ~ interest, nov
outetand1ns in the aount of $48 000.00, •turi.Ds aerA.l.l¥ as foUovs: •2,ooo.oo 3/l0/50-5A; t3,ooo.oo 59-64 8ll4 t4,ooo.oo 65-67 ----- - --- -- - - - - - - - - --• 48,ooo.oo;
C1V of I.!tbbock, Texas, J'lre lqu1paent Bonds,
Serios 1947, dated Jul.T 101 1~11 origiJIB.l.g asu.ed 1n
the amount of t4 3, 000.00, bearing ~ and ~ interest 1 now outstanding 1n the 8DIOU.D.t of t41,ooo.oo, mturillg
eerial.l.7 ae follows: .1L,oco.oo 3/10750; $2,ooo.oo
51-61; and $3,000.00 6~~7 - - - - - - - - - --- -- -.41,000.00;
Ci'Q' of hlbbook, h:me I nre Station Bu1l.d1Dg
Bonds, Series 194!1 dated July 10, 1947, orig~ issued
ill the eJDOW'J.t of ~1,000.001 bearirJ« 2$ aDd 21; interest,
now outet.at,~dtng 1n the llDIOWlt of' .39,000.00, matur1ng
aer1al.ly as follows: .1,000.00 3/10/50·52; .2,000.00
53·61 8D4 .3;000.00 62-67; -•• - - - -" - ----- --.39,000,00;1
C1V of !Jlbbook, feX&s, Vater Bonds, Series
1922, dated Ausust 1, 1922, or1g1nal.J.Jr issued in the
8.1JIOUllt ot •;o,ooo.oo, be&ri.rls interest at the rate of ~ per annum, nov outstand.iJ:Js 1n the amount ot $1110001 matur1rlg sert&l.ly as follows: .1,000.00 2/l/51-61 • ~ - -.u,ooo.oo;
C1tT of Lubbock, t'uas1 BeWr BOD4a, Series
1922, dated August 1, 1922, or1g1nal.ly issued in the
&JII)lmt of $1001000.001 bearing interest e.t the rate of ~ per annum., nov outstanding 1n the amount of t22,ooo\oo, •turtne ser.tal.ly e.e tollowes $3 1000.00 , ·~
2/l/?..\-55; $2,ooo.oo !56-"58 and .1.,000 .. 00 59 -.. - - - - -.~l,ooo.oo;
C1 ty of Lubbock, ~ 1 Light and Pawttr :Boad8,
Ber1ee 1923, dated l)&oember 20, 1923, or!giD&l.ll' 1sned
in the amolUlt of •50,000.00, be..rtns interest at the rate
ot ~ per &mWDl, nov outetan4i~~g in the aouht of $28,0001
maturing aerially a.s follows: $2,000.00 6/20/50-63 - --· 28,000.00;'
City o'f Dlbbock, 'lexae, Water Bonde, Sertes
l$24, dated Mq 1, 1924, oTiginaUJ issued in the aaaunt
ot $151000.001 bearing interest at the rate of ~ per
enn'WI., nov outstanc1.1ne 1n the 8DOWlt of ~5,000.00
111atur1Dg eerieJ.:cy ae follower .1,000 .. 00 4/10/50-64 - -... 1,,000.00;
Cit,' of Lubbock,. Texas, Water z.pro~t
· BonAB, Series 1925, dated J'e'bnary 201 1925, orig1nalJ.y
18SUed 1n the a:mount of $75,000.00, bear1ng interNt at
the rate ot ~ per Mnua, now outstan4Sng in the aaount
of .32,000.00, maturins ser1a.l.13 as follon: .2,000.00
2/20/,0-65 -• ---• - -- - - - - --- ---- -- -• 32,000.00;
... .J
Ci'V of Lubbock, texas, Senr Bonds, Series
1925, 4e.te4 ~e'bnlaz7 20, 1925, ons1D&l.lT 1ssue4 in the
8D)UJ1t ot t25,ooo.oo, ~ interest at the rate ot 5j
per •mmm, r¥N outatamuns 1n the amuat of .16,000.00,
•tuz1.1le eeria.l.q ae fo.ll.on: .1,000.00 2/20/50-6'; --.161 000.00;
C1v « l.Rbbock, !'ezae, Vater Bon48, Series 2
of 1925, dated hl¥ 15, 192';, or1g1Dal..Q' 1ssuecl 1n the
UIOQDt of •~o,ooo.oo, bear1JJs mtereat at the rate ot
~ per amm•, now outstanding 1n the aoant of .1051000,00, •turms sertal.J3 •• tollon: .,,000.00 7/~5/50; tf),ooo.oo
51-551 t7 ,ooo.oo 56-65 -.. • • - --.. --- - -...... --•~o,,ooo.oo;
Ci t.r of IJtbbock 1 hza8 1 Sever Bonds, Sertes 2
ot ~~ 4ate4 Jul7 15, 1925, oJ'1a1Dal.l7 S.suet 1n the
uaoant ot .150,000.001 bear1D.g tnteeet at the rate of
,. per Nm11111 now outetanAins tn the aoant ot •105,000.00,
matur1Jis ••~ ae tollon: .,,ooo .. oo 7/15/'JO; .6,000,.00
51·55; .., ,ooo.oo ~-65 .. -... - - - -.. -.. - - -... - - -.105,000.00;
Cit,' of Lubbock, t'e.-, Waterworks lb:teD81on
Bo.DU, Series 1929, dated •ebl'uaz7 11, ~9, ortsSn•1}T
S.uued 1n the uoant ot ~0 ,ooo.oo, ~ in tenet at
the . .rate or ,_ per emm•, nov O'lltetan41De 1n the IIIIOUJlt
of tJ,_9,ooo.oo, atur11ts eerial.l.T as tollcnrs: .1,000.00
2/ll/51-69 ----.. -.. --.. - -..... -.. - --- -.... 19,000.00;
Ci'Q' ot ~b'bock, taaa; Seirer :acmds, Seziee A
of 1929, dated Jlebruar,y 111 1929, origblallJr 1ssuecl in
the a110unt of t25 ,000.00, ~ interest at the rate of
~ per •nnua, now Cftltetlmd~ 1n the 88nmt ot .151 000.00,
•turine aerial.l7 as follows: .1,000.00 2/U/511 53, 55 1
57, 59~69 - -• ---• - -- ------------ --• 15,000.00;
C1t7 of ~bbod, !fuae, Sever J)1spoeal Plant
»oDAte, Series 1940, dAted J'ebnar;y 11 1940, or1gi•J.l3
1eeue4 1Jl the UK)Unt· ot ~501000.00, beari.Dg interest at
the rate ot ~ per &mlUil, now outsteD411)6 in the ..,unt
of ta5,ooo.oo, •tur!Dg aer1al.l7 u follova: $17,000.00
2/1/,1-55 ---- ------- -- -• --- -- ----$85,000.00;
C1't7 of blbboc.t, Texaa, Sewer E:l:tension Bonds,
Ser1ee 19~, dated March 1, 1946, or1g1Dal.l.T issued in
the ~t Of .90,000.00, bearing 1ntereet at the rate of
1 .. per azmU111 nov outetaD41ll8 1n the &IIOlmt of .81.,000.00
-.tviJie eeri&ll.y ae follove: .3,000.00 3/~/50-57;
.4,000.00 58·70 aD4 .5,000.00 71 - - - - - - - - - - - - -$ 8l,OOO.OOj
City of Lubbock, !u.aa, Vater SJretea :lxtension
Bonte, Ser1ee 1~, dated Jlarch 1, 19~, or1s1Dall.f 1seue4
1n the UIOWlt Of •365,000.00, ~ interest at the rate
of lH per anma•, nov outstaD41Ds 1n the 8111QW1t of
•330,000.00 •tur1ns aeri~ aa followe: •12 000.00
37i/50.51; tl3,000.00 52-55; tJ-4,000.00 56-59; ,1,,000.00
60-62; .16,000.00 63-65; .17 ,ooo.oo 66-68; .18,000.00
~9-71 - - - - - - - - - - - - - - - - --.. - - ---- --$330,000.00;
C1V ot Lubbock, teu.e, Water !'.NatMnt am
sottner S,.etea JODd.a, a .. tes 1946, c1ated JIU'ch l, 1946,
or1gtnall.T issued 1n the uount ot ~5,000.00, bearing
interest at tbe n.te of 1~ per ammm, nov outstan41ns
1n the BIW)Wlt of t22,ooo.oo, atu.r1ns seria.l.JJ as follovs:
.1,000.00 3/1/50-71 - -• - --- -- ---- -.. --- - -• 22,000.00;
Civ ot lubbock; tuae,. Vater &7Bta lxteD&ion
BOD4a, Senea·l911-7, clatet hlT 10, 19~7, or~ 1sne4
in the 8110allt of .9351000.001 beart.Ds ~ aD4 * tntenat,
nov oatataD.dh2fJ ill the UQU.Jlt ot t8:65 ,000.00, ~~&turins
senal..:q aa tollon: •38,000.00 3/10]50; •39,000.00 51-,2~ ,ooo.oo 53·54; ~ .. ooo.oo ,, .. ,6; ~,,ooo,oo 57-59;
o,ooo.oo 60-621 .,,,ooo.oo 63; t6o,ooo.oo ~-66 and ,ooo.oo 67 .......... - - -............ -.. - - -.... -$865,000.00;
01 v ot Lubbock 1 !'aU, Sfter JEtenaion lcm4s,
Ser1ee 19~7 j 4ated .JU]¥ 10,. ~7, or1gj21;1 17 1asue4 1ll the
awmnt of •355,~.00, bear1JI8. aD4 11ltereet, DOW
'
outetan41Ds in the amwlt ot •330,000.00, •turt»a
eeriallT u tollont .111. 000.00 3/10/50; •15 ooo.oo
51-52; •16,000.00 53-54; 'i7 ,ooo.oo 55-~; •16,ooo.oo
57-58; •191000.00 59-60; tio,ooo.oo 61 ... 63; •1,ooo.oo 6~-65 ~ t22,ooo.oo 66-67 - - - - - - - ---... -.. -•330,ooo.oo;
01 v ot LublJook, tuae, Part Jk)Db, Series
1948, cla1;e4 Jlu'ch 1, l9i68, one~ llftecl 1D the
eaonnt ot •91,000.00, bee.r1Ds 3~ aD4 2·3~ 1ntereet1
DOW outat"'uUDfJ in the DOQDt ot ~,ooo.oo, •taartDg
aerfAll¥ aa toll.ons .3,000.00 3/1/,o; ~,ooo.oo 51-,S; .,,ooo.oo 59-65 aDd. to,ooo.oo 66-68 -4 .. - - --- --•aa,ooo.oo;
C1 v ot X.Ubboc~, t'au, amto1J&). Airport
Iapro,..._t Bon48, Serle• 19JM5, elated Jlaroh 11 1948,
orts2•llT 1asue4 1rl the UKNDt of ~501000.00, beari.Ds ~ aDA 2-3Jltl, mt.tr•et, DOY cmtatana'ns 111 the amunt
of $.1!!4,ooo.oo, •tur1zls eerial..Q' u foUowss t6,ooo.oo
3/1/,o-,.; tr ,ooo.oo 55·59; •a,ooo.oo 60-63; •9 ,ooo.oo
64-66 aDd $10,000.00 67-68 ------..... ---.. -·1~,000.00;
C1V ot tllbbook, texu, C1V BaU h!U.bJg
Bcm4a, Series 1~8, 4ate4 Jllroh l, 19~; orta1nall1'
1aeued 1a the aoant of t75,ooo.oo, beazo1Ds 3~ anA 2-3~ 1Dterest1 DDV 011'UtaDl1Dg 1n the ..:nmt ot .
• 72,000.00, •tutne eer1all¥ u tollowac •3 000.00
3/l/50..56; ~,000.00 57-65 eD4 .,,000.00 66-68 .. -..... 72,000.00;
C1V ot Lubbock, lfaae, Street Uehtills Bcm4e•
Series 19~, c1ate4 llarcll1, l9lt&, ~~1-.ll3 1eeued 1n
the DDunt of .129,000.00, beariDC :30 ad 2-3/~ in-
tweet, 1lOW outatancUns 1A the UlXlllt of $\24,000.001 . -~ eel'ialJ¥ u tollowa: .5,000.00 3/l./')0-')lt-; •6,ooo.oo 55·58; tr ,ooo.oo ~-63 M4 ts,ooo.oo 64-68 -•12~,ooo.oo;
City of Dtbbock1 !'uaa1 amtc1pal Airport
E:tr,pro~nt BoDIB, Seriee 1949, elated*" 1, 19~,
or1g1:aal.J.T isne4 1n tba UOUDt of .Ul!-,000.00, bear-
1Jts 3-k u4 ~ tntereat, DOW outatea.Uns 1D the acnmt
ot •li4,ooo.oo, --~ aeri&l.l3 as tollon: .3,000.00 5/1/50..,1; .,.,ooo.oo !>2 .. 55; .,,ooo.oo 56-59; ~ .. ooo.oo
60-62; tT ,ooo.oo 63--65; .8,000.00 66-68 aD4 *9,000,00
· 69 - --------- ----• ----•• - ----tll4.ooo.oo;
Cttr of l.ubbook, t.re:ua, Stol'IL Sever ..-.teDe1on
BOD48; Series 1949, dated~ 1, 19».9, OI'Je1Dal.~ 1esued
1n the UIOW).t ot •60,000.00, beerlns ~ _.. 1Dtere1t,
1MW outataM1DB 111 the aoantot ~,ooo.oo, •turlns
eeri&l.lJ" as f'ollonz .3,000.00 '/1/50-69 -• .... -....... 60,000.00;
We, jih4J u.nderste;ne!, C1\r secrete.rr &Dill e1v ~eanrer or
the C1 V ot ntbbock, !ens, do hen)T CJert1t;J tha't the. aboft aA torego1J18
atateaent ezh1b1ta a tra.e, fUll sad oonect statement of tbe 1D4ebte4neas of
aa14 C1V of •Wl7 cba.Noter ez1atins em the <1 4q of ft~, 19,0,
u amm b7 tbe 'books and :recorta of aa14 01 v on f1le 1n the of'f1ce of the
C1 v Seoretar.Y ~
this the <} 5
&q ot J'e'bnlar7 1 1950.
(SIAL)
'\.-
...
\.._)
m rraa ar BU8
CODI'ft or DIIIIOOK
Cl'll' fll WIIOCX
t
t, 'tM a&en~, etv SMntal7 ot .. ctv ot Dal»t~oot,
tuu, 40 llenbJ o..Uf)'s
1. !Jia'\ tile Cl\J ot taltl:lookt t.u, 1a 41al7 lDDarpanW
.a.-tM law of s.u. OJG'&ti»a u1v ite ebartel' uopW )¥ • wte ot u..
PMPl8 oa tate 21tll.., of ~eo-.r, l91T, whtell oJMt.ner .. ~ .,...et
bl' a 90• of U. 'eople Oil \!at f0llolflst8 .. _., Jec-'er 11 l919J U.Ut 30,
l923J Deo ..... 10, 192'.; AprU 1, l93o u4 .J'a4t 28, l932s that tlren lla.e '--
ao .....,. .... 1:o tile o11artw ••• llule 281 1932;. *' iiM Clt.J Ju at wa
U.. a J)OIMlati«l ot aPl'Z'Cidawll' 69,COC •• 1Dlll.laltuwJ
:2• Ita. U. t.ll Of 0.Wtawat Of ..U ClV llu DDt laND
cllase4 •J.Do• t.b• ... ot .. a40ptt• o1' ''* Clbu't.er-
3· ftat t.be ..... ot the ClV OttlGlW aD4 the nSPbsn
ot tilt C1tt;r eo.teeton ot a. CU¥ ot JAb\ook-tau, an u followet
•. a. Ro4se'N, IIQOI",
v. 11. P.fioe, t
1an st>SJre•,
018HD~e lf!dt4Ht14e,
l..aY81l!a r-e 1
JI!COBJ) UIDD JIY IMID -Mal ot 8&14 Citq I w. the
• 9 -Of , • .......,, 1950/
(SIAL)
-J
m WAS 01 aus
OGUHJOIWW
em or JJJJMCK
V., tile 'Uilen,_.., --aDI C1tJ S.ntu7 of tJie
ctv ot ta'blM)ok,. ,..., do ..._.bJ ..nu, t~aat Sn aooG~t.eDee wttb tM · ....
ot t.be artS....• »Uied b7 the csv C<wdaalaa of aat4 Cit¥ 1 oa ta. 9
dq ot fe'bna17, ~0, atbol'lataa tM 1..._• ot ~,000.00 C1V ot
~~a .. •, taM, strn~ ~·•••t ...,., sen•• 1950, aDil •550,ooo.oo ctv
ot tlablMM*, t~au, ,..,.,. 1»pro"a1 Dt JkiD4a, Serf.• 1950, tM ttollowtDs ._
haw lNieA approJI"SaW oat ot aftilable ftUIIIa to PQ' tM SA~t wldcll.
15,
¥1ll aoon• • ..o ot ..sa s. ... ot ._.. CD Aaaut/ , l950J
sv.et l'll»t"••Dt ......... --......... -• .. s.eaa.aa .. .;
SIWD ~ JaaU .. • ........ • .. .. .. 6,000,00 •
Ve 4o ~ o..ur, tat ..U .._ b&w Mela plMed 1n
tM NQMtl'M ~t allill •1Dkllra ~ onet.M for -eacb s.eeue of boDla
a4 1dll be ue4 te r» other parJO!Ie t11aa to per t.he SAtuNt acaftSDs OA
AJasUt 1, 19,0.
VDJIISI GUll BAD a& Mal ot Mit ~1 t.r c-teatora, Wa tl
9 -ot Webnal71 1$.
(SIAL)
BOND ORDINANCE
# 9 ? 1
Providing for the issuance of City of Lubbock
Street Improvement Bonds, Series 1950, in the aggregate amount
of ~~25,000 and the ~ity of Lubbock, Texas, Sewer Improvement
Bonds, Series 1950, in the a ggregate amount of ~550,000.00
Bearing intere st at the r a tes hereinafter set forth, and
providing for the Levy, assessment and collection of a tax
./
sufficient to pay the interest on said bonds and to dreate a
sinking fUnd for the redemption thereof at maturity
-above ordinance .ed in separate Legal Length
folder in Vault -labeled"Procedure of Bond
Election held Dec. 13, 1949, auth. issue o •'
St. & Highway Improv. Bonds,
and
Sewer Extensi on bonds, including bond Ordinance
also Resolution canvassing ~lecti on -
rl ids on handling of legal procedure on bond
election, Reo. 11-16-49
and
Bids on sale of !onds on Feb. 9, 1950
including Notice of ~ale.