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HomeMy WebLinkAboutOrdinance - 192-1920 - Issuance Of Sale Of Coupon Serial Bonds. - 07/05/19200MVIA009 AWWOM WO 144VA90,U. AND MU, OF Pon Milk il11MfE-wrkb! TO -MI, VVH M PURPOSE, OF SAID C ITYs A TAX SUMOINNT Tb PAT MF lurbal€ T .q�N"deTo r � iw%%g��A :�}NI G POP LTG ,�.- 3� LKY, U ID MODS +4�+i� r�IMM us'71h71)B.�i 11 � '�� A��i[d G k "S 10 M„W.46s horatofores on um lath day of Jay, 19Eo, ow City Camlesion of V a 01U of 1Axbb00k, To , duly adapted ordl- nsnoo nwA er 21J0 prov U is .; for Ue ino aaw a of � �10, 0 of tyoul a of tho 01ty of Lubbock, ftmas, fOr the parpovo of €mt n6la.7 as In - proving the m tDrworl.z0 ®ye Ems; of said Q ity art& .ego vldlu.3 for the evy and oolleation 4 a %or to py the Interoat and to oroato a ainkin fit. to retire eaid Vo a et their rate ity: wd. !MUAU, it appearn EVIviSable to VA Oi ty UOM.10010ft Wr ct mid ordor be altered in oeveral partloalare a 301.,! s `iFMt ".FG I' ' e RV. IT +L IMA M'i . D 1JY WCITY 0 `AP. exty LIP rz"M100"Z, T.Pus* GO follawel 1. Tho 'bonds of mid C it;, . to bo callead"C 1T'1 OF WiZO , i;-,RA'!, * 19CO TIA Ii is i.,V, AyM..,: 6% Wha11 be fgmwd by vtrtty of the Charter of said 41 ty for the 1aarno eo ox obtaining, ronoy for pernai3ent public Uprovenenta s to -,,.tits for t�. o p arpooc of extea alfig the vstervrtu eye ter, *I* mid 0 i tye 1-I* sid boni►e owl be mmberod conaooa,tiveIg froze ow (2) to too (16) , Inol iw ire, ahall ba in the Jenoftwtloa of 'ALpOWD eaoM acd ohall be dated July Gth, 19200 ahtall: bear Interoat fro�zi ftte at t).e rate of oft per awtum (6;1;) per annnm, par-ble January 10 19210 anti cenl-annwal'ly thtirenftvr on ttv flrut Afq of July and January of each year, and shell wturo :Atbout opt loin of prior gym -at as Mlowe 8 0 Ltnd nwebor On* 00 July 20 1926,o 8. e4e t1EiAd 10 1004- Peeutive order on july lot ejaoh year thereafter until all are pal & 3v The prino iiVa emd Into recut of saM bonds ah&11 U pavable st the mtorver sanona fwwk in tiew Yore city uvon greaentrytlon and eurvow*er of th.e pVUPJ, . `t,;D& f3 or soapanso 4. Zaid tonto a ll be signed by the t r, oolmat ersigned W Um City Veogatorya, attoated wlth the aca l of the Ctty of Lubbooko Tozao, and regleterod by the Treaetwer of a.i4 City. 'the intforeat ocapone ehn21. bear Oct f e-oolmlle angm ved or IltbogmrMd el turee of the L. yor =4 the City SecMetarya Aid inset shAll be aopraved by the A ttv mew G"enexa3 of mozaa said regietered "11U. the Fate Oomptrofilero an read Trod by lawn The fxoda derived from the oale thereof ata,ll bo cased for no other parpo©o than Out for vhlal they mwe auUarlaede S. M M Mu IWD COUP4lU ®hall bo in adbets` ntlall I the folletf■ top, forms UNITU SU.3 OF AMIch 82fru VIP IMS CITY or UMMOR F AU TAN 1' U MOB82-t Ts t the OUS, of Lubbooks to the Owmt;v of Lubbovk, tote of Teamag S0know2edgea Iteelf tO oTe and for val.ne reserved.0 heroby proalaee to pay to bearor the e m of In &old 4eift of t�fe USM.P ST47EZ OF At .,MA of the preewnt ataaftrd of weight ti timneas, as the fleet flab` of 3111y# 19.1, rrIt;h in- terest Uoreon fror, date hereof at the rate of oix per aentum per aanum ps able January let. 2 1 * and sent-sanw ly thoreafter on the fret daW of J%Iv rkiA Januan of mob year., upon preeenta- Uon apse 9-urxoWer of tihz smewfi tnterc t oogmiw Faabi Wieg oavesally w4mms nth priae1pal and tntlereot of Ueoe boW a nre hereby ride payable at the ''Ranovor gatlawA bank to the Ct ty md r=tste of Pow fort# and for Oto pi'vg9t paywnt of VAs brand,, both prino1pal snd Intorost y In a !card avov with trhp o t 1 pula bans bereaxf# the Mg' O' Lubbdo$i, Teaac s hero b,g pled , -!es Its fall fa't th &nd aaradt t, rM 1A)MI) le ona of a aortas of beads of Uke tenor aid affect wwap t as to w turity, numberad from one f 1) to ton (10),j 1fia1w tlM, of Vae denomimtlou of taae T houaarA Dollars each„ cA... �re- m ting the aum of Tea XWumnd DolUre f 010,jQO * k i : and to 1eaWd by tba City of Lubbooki Tome, for tho parrooe of ob lnlne, moa.oy for perr+svent voW to uvroremnte, to -vats for wton nw, and invrov tng the waterworke system, of the City of hrbboak, 1n craordww rritb used in t,44 Qappliones with the Conatitatlon Gad hive of tte State of Togas ead with the Charter of Ue Ctty of Lubbooh, aft bar f wVor auUorlt,v of an e1c:ation duly called aM hold rilthla mid City. IT is MrulaY Fiu�:�L 411D A-D McL€ ,D th't all onto, oon- di tlem and thingo reqalred to be done preeedetA to the ieo°was oy Ule bond brvv 'boon done, havo bappened *ad have been perfarood in regular and due forte as roquired by l aw *and a d iraat st�nml tar hs- a been lerind upon all the to=ble proporty la mid 014r auffl- client to my die tatarmw.t ind prtnalpral on tt ie bond at mtnrl ty ■ and thst the total tndabtednoga of mid City of l ubboek o lnv] U Sag t'hlo bony and Via iecue of wbjob tt to mo, does riot maeod mmy cano t'itutlom 1 or statatex-y 1WtOA10 0 IN T { Ti KGRY Vr Y3 Wo the City of Lubboak, Tema, boo aaduad Ole bond to be a 4ped by Its "!Ryor, am atereigued by tho O tty Jkaare- tary, regletere4l tW tho City 'ire amror, ftU the aeal of said City aff ived, and the atmoved La tere-at oonpow to be a eauted "71 th the 11thop%phed fcaa-elmile alter Ura© of said "Uycr uA C 1 tV jeargtayl, and thle hated to to dates as of the fifth fty of July, 198Dq �" e" * ems* hat'booko ®■ 01 fermi r of EMMA; _ Teim at dOUP064 On the first a vy of 1 ...�.,.�,, the Oity of L abboah, I'mma, pramleea to pay to benrer, at the Phnoeer Natto l Isu* of New York Oltvw thirty dolleve Gfto �JO) in gold eaala of thy+ VDIIIS-9 TAB: Or, W sMP Of UP Preseat otandard of weight and 91nonesso for tho semi-snnrl lnUreat fte that day on wATLFJM IWVMMNT i:09D* dsts4 July Mg, '1.924# aW avaberad -....- Me.��'�#�ryr T# III ORM to * Mvlde for Vhe prina #sI and tateros% of soid bones vsnea m tom, there oba' ll be and *ore $ a hereby I wIed on %11 the Usable property to M16 Citys a is "M aient to vm du a the fouO alas ammto 1A tbo tGu a id y a re t . kq fi ALL. L4.11 jUI,F 1921 300a.Ou000,000 January 2922 300,6 M 1921 July Ifts yak 00 junmary 1,0 fl* 1919 aVU 1023 5W*00 darn+wry AM 3QU0 00 200. € -000 1913 July 1944 300#00 janwry 1.9 ] 0000 MOO 600001D 20ZO July 1926 500.00 January 19LG 2,700ou 2COO '970000 1996 July i9RG MO JO'DaU y 1927 240* 0G 1O(J U. (Q 1"0400 Me July Inv 240.E 'Tanszary 1926 OOOO 10604%4o IL400*00 y� y1990 vim+ January IOLO 180w its 10m• luGr 1,390#00 1928 July 1929 190.00 January 2930 1 . 1 .06 13MV00 lost July 19 '1 Is"00 January 2932 1100w00 2000*00 IRS.O* 1900 July 1931 MW#00 Jea+sry left "Olio • 10G.. (A 1216.09 1901 Jaz 1932 .90000 Jamiry 193Z 66600 10 .uo 1160*00 1 l January 19 *00 141,1000,0 Gu 11OWe 01D 143.E duly 2934 WOO 20000 C(1 10SO0 v0 In order to provi4o tor #fie tutereet unG zluki&� fungi for The yeeS 1920, there to xmreby levied on a22 tie taxable property, a taR of Um sr.d et wit tenth seat© i �0*096 j on saoh one hun0red dol- lars (0100) valuatlen os# n11 of tbe propertX wi tb in sa ld Clty. O. crilasnoe nuntor 190, sdopted an the 1 M day of Julyp 19tas .to hereby repealod■ 4o The fact that the 1,1UterwDrke System of tho CiV of Lubbock to in imperative need of nerpaoent Improvement oo t the hoalth of its altizenc, mrq be properly preserved, orwites +a publio neeen alty thn t the rule re quirl" an ox6inanoe to be read at two sepozete meetings before the f i t pawm.je. be cimpended sad that thlo vrd iw �6&uoa be priced at the Meotlag Of 1ta3 Istv9duatiae and be in effect at =aos, and It le so orfiorede eaused by a *.wiulmoue vote this ...,,,...�,.. day of Zia �a, to CIVO trot®�► Olt e*re+ �. Urf fnbbo ok, Teme•