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HomeMy WebLinkAboutOrdinance - 758-1946 - Issuance Of $64,000 Bond, Parks Bond - 03/19/19461 2 I I 3 1 i .J S CQ 03 -19 -I S>4(0 6 EtiN'l't 011 LUDBOQK 7 OI'l'r OP L'OBBOmt 8 9 1 ON 'l'HIS the 19th day o~ Unroh. 1946, tho City Oomm1es1on . , . 10 jlot the Oi tT ot LUbbock, Texaa. oanvoned 1n ~ed oesoioa, ati the 11 ~ meet1n(l, plao& thereof 1A tile Ctt;y Ilnll, W1 til tbe tollaw!Dg 12 1 era thereof, to~ te I 13 I 14 ii 1s 11 'I 16 !lAYOR, ~ • H. OJUIDRESS t I OCU4ISBIOU!R5, J . ItAY JliOltl!'. 11 ; LA~ i'liU.V.US t ~"'rWl'AHr t II . 1s present, an4 the fo~ absanta • Jlub Jonea • " . 19 j.oonat1tQ.tiD8 a quow.a, when., amo.q o~er p~ had, wre the 20 tollow!ngt I 21 , Ot.immistfioner lY • B. Prioe ~sen ted for the oons14e.nt1on 22 :of the CitJ" CommtsaiOA an o1'41nance authOl:'izlng the 1aouanoe ot f • • 2 3 ~.ooo .oo •Oift w LUBBOCJt, TP.XAS. P.Alllt nmma, SERitS 1946". . . 24 1 4ated uaroh 1, 1946 (beine paroel o<t a total 1saue or $1Ss,ooo .oo. 2s jbonda author1ze4 at ~he election held 1n said 01ty on Deoembor 11, . . 26 ]1945). " 21 1 .. The oi'dinanoe was read 1n full by the City seoretarr. 2s l • Thereupon, OOtllllsslOner J . Ray bJ.oke.v J:lOV'e4 that the I . . 29 i rule requ1rin8 tlifit no or4 tnance s~l be passe4 on the 4~ o.n 30 whioh it 111 1ntroduoe4 be. S'lpJpODded• ~ that in .viow of thG ' 31 , ~gaaor_ aet torth and det!Aed .t;n the pNGmble to the p~poeed 32 or4lnanoe, that the 88t1.8 ~e 4eolue4 an emersen.or .mGf!-~• TbJ.O 33 motion .a 4ul.v aeOODded by oommssslo•r w. B. Price. ~motion 34 oan184 by the tollowi.D.g wtes · 35 36 37 &!ESt ~or Ribble 8Dd Camm1selon8ro Oh114ress, Diokey, and Prioe. ltOESi Bone. I Pqe No .... 2, ............ . I i 1 'l'llereupon, the .HaTor annou.noed that the pl'Opoaed cmU.Danoe ha4 been 4eolare4 an emergenoy .aaure by _JUUUlSmous 2 Yoto of the OCXIIDJacdo.n. 3 t • I 4 1 Thereupon, CanndaaioJler \7 . De Prioe tiDV84 that tAe I 5 1ord1nuoo o.a read in fUll by the City Soorotary be tlnally passe4 I 6 an4 adOpted. by the Cnnrn1aaion . 'l'h1s motio~ wns seconded by 7 onmm1as1o.ner J. nay Dicker, f;llld tbe m.oUon, Oelft71ng wlth it the ' 8 tbal. paaaase an4 adOption ot the ordf.naaoe • wao 'tnan1mouel.7 9 oairiG4 by the tolloulng votea 10 AY.ESa Uayor Ribble and CO=iaai0118rs Oh!l4aaa1 D10key and Prloe. 11 NOES I Hone. 12 Thereupon, the l!ayor &IUIOUA084 that the o~tnaoe ha4 13 I 11 been tSnall1' paaa,M and adopted by wum1moua vote ot the Comm,•a 14 : • iln aooordanoe with the requ11'amenta ot seoUona lS, 16 enc1 1? O't 15 i , ,Artlole IX, ot the Lubbock ChafterJ and the Mqor thereupon D1sne4 16 !' • . • _; !I 8114 approye4 the orcU nanoe 1A 1lhe pnau.oe of the ecms os1o.n. 17 23 24 25 I I 26 1 I 27 1 28 ! The ordinanoe is u tollowaa "AN OJ;UliUANOE by the elty Oomm.t.ooion o:t the 01ty ot Lubb6ok, Texas &r authorizing the issuance ot ~~~0i~!~X:te4 =~! · :Sr,!t: ::1 ot a total issue of OlSS,ouu .oo bG.D.do autho~ized · at tbe eleotion held 1n said City on Decombor 11, 194S) , to1! the p~ose of purohrud . .ng si tea tor parkS and ot ereotin8 and oonstruOiilng 1mprow- me.ote to the pukiJ ot tho City of·Lubb0~1 -~ Oludina r&iAJ.DGt Sft41nct fil.lJ.ng.l terri101J18, 1 1aD4Boape gardiillJis, eroOt1ns bu11Atngs, esta~ UShing \Yalks and pavin6 dr1 T8W818 arowl4 ill aD4 tlu'o~ said parko pla7sround& and other publlo groundS, ~s w;a! as J.nstaUt:=lw!; strudll18 repi1rinG and 1mp2.'0Yins ~ l)Ob1s • "~ pOOls and other taOU1t1es fMA the noreation of the oh114ro.a. an4 o1t1ze.ns o:-said City a: LubbookJ pesorlbins tb.8 tam. ot the bonds 8114 the ~-ot interest ooupona J levying a oontlnttina 4lreot annual ad velo~ ks on all taxable p~o»>rtiea within the l!mlta o~ said 01tJ to pay the interea\ on such bon48 aD4 to oreate a ssnktna tW¥1 tor tAe redemption tb.ctroo:t! and providinG tor tho aaaessmant aa4 oolleot on ot such tJQXJ enao:taiDs provlaiODS inc!dant end rolating to the aub3eo' and p~e at this ordinnnooJ an4 declaring an amerseno1 .• ~ VJBJmE.AS , Ullder &m4 by virtue ot &.n or.U.nanoe c1U.l.)" 33 r • • passed en4 84opte4 by the City Caamiooio.n of the City ot Lubbock• 341 . • ' Texas, on the 20th 4lly of Dovom.beD • 1945, an aleotlon wes ordered 351 . . to be held 1n said City on the lltb. 4/J.¥ ot December, 1945, and at 36 'whioh eleotlon the following pl'Oposltion was aubmltt e4 to the 37 I · · i Paae No. -···-·2.-···· 1 quallt1e4 electors ot ea1d C1tya 2 4 5 6 7 8 11 12 "SHALL th~ City Commisolon ot the Oity ot LUbbqok be authori.2ed to iasu.e the . naaot.lable intorest bearins 'bo.n4.8 ot the City ot Lubbootc ln th• amount ot 0155,ooo.oo, bfJar.lns interest et a rata ot not uooecU.ng three anA one- halt per qentum. ()~) pe~ annum tram date and Daturins at suCh time or times as may be deeme4 m.ost expa41en.t by the City Oamm.tsalon, seriallyt not lat.er than twe11ty-:tl'Ve Jeers trom. their date • tor tho ptmpose ot parohasins sites tor-parka aPd ot erecting and oonstru.otins iaprovemanta gra4ins , tUling , torl'8o1ns , landscape gardetti.bs, ereot-. 13 ! 1ng buildings, ostabliab.ins walks and paving drivoways 16 17 18 22 23 uoun.d, 1n llD.d \b..t'Quah said park:D 1 plf.l1sroun4B and other . pUbl1o srouncto 1 as well as inste.l.ling, oonstwotin81 re- . pa1r1nc 8114 implOVins swimming pools• wadins poola one\ other tacd.li,les tor the ,_.eoreat1on ot the oh1ldrell an4 o1t1mena ot sa14 01t.y ot Lubbook:J an4 sM.ll there be • onnual.ly assessed • levied and oolleoted upon all taxable property w1th1A the O.lty ot Lu.bbook, W.hlle said boD48 ~ . 8111 of \hu ere wtstaa.dlns, • tax suftlo1ent 1n amoWl' to pay the annual interest on auoh banda and to provide a sinking tund tor the redemption thereof at mat uri tf?" 24 AND vttmREAS , upon consideration ot the retUJ'DS ot 25 sa14 eleotion1 tho o1ty Commission i~Ound that said eleotion had . 26 been oondu.cte4 .s.n tho QQMer proson bed by law • and was in au 27 I ' I respects legally held, otto:r due anA p l'Oper notice as required 281 ' I bf law'J tb.ot due. returns . ot sa14 eleotioA had been made by tbe 29 1 J)J:OJGr ott1oersl that sa1d elo.otlo.n. resulted tavonbly to the ~ . ieauanoe at aa14 bon48J that a ujorltr of tho qualltled oleotore, 31 voting a-t said elootion. voted 1n £avor ot th& 1a&U.MOe of oa14 32 33 35 36 37 bondaJ oad that the City COe.unistd.on 18 1n all thing& authorized to issue said bonds and to 4o a~ a.nA aU thiDSS neoea88J.7 e.rti1/o~ oonvenien\ 1n ~onneotS.on therowlthJ AP4 WHEilE.ASt it being nc:m detemlned by ~he City ComiaslOA that it 18 no't desired et this ti.me to lssue· all of the bon4a tor P113e No.--)~-···-- .. 1 t 1Ss,ooo.oo 1 voted tor on thG proposition, oa atoreaal4, an4 tbat • • 2 064,000.00 ls the amount of bonds now deslr84 to be 18aue4, aJd ; , - 3 that the rema1ntna mDDunt ot said bon4s, to-wita $9l,ooo.oo, shall . 4 be lesued at a tuturo date or dates when, 1Jl the Jud~t of tb8 s City Coramisslo.n of oe14 City, the amount is needed by the City: for 6 the purpose tor Which it wao nuthorl.ze4a 8D4 1 \SREAS, it 1s to the be~ 1ntorent of the City tbat 8 the autbodzed purchase ot altos tor parka, nn4 the ereot1on anA 9 oonatruotlon ot improvements to tho parka ar the C1ty ot Lubbook• 10 1nolu41DIJ ra181ng, g rading, tUUng, terrao1ns·, l•nc1soape garden- 11 1ng, ere~in8 bl11ld1nga 1 eatabllshins wallaJ an4 paying 4l'f.vewaye 12 aJ."'UD4• 1n and throustl ea14 parka, pla,.groUDAa and other publ1o I • . 13 1 grounds, as wel.l ao ina•UiD.s, oonotruottng, repald.ns an4 ia- 14 prO'flDG n5mmins pools, w«Sns pools an4 other taoll1t1es tor tbe 15 reoreatio.n of the ohildren an4 oitlzena ot thO City of Lubboat, 16 be aooornpllshe4 at the earliest poaa1ble date, tberebJ' creatine 17 this u aersenor !!188.sure tor ·~ lmr.led.Ute preoervatlon of the 181 li publ1 o peaoe, proper1;y , health nn4 safety, as well as a .more 19 . 20 li et:tio1ent ac'Jm' ns atftt1on and operation ot the Park Department I ot t.b8 .ounlolpal govemm&n~J thereton Zl IE I'1' ORDAINED BY THE OI'l'Y OOMl!IStlXOH C11l 'lRB Cl'J.'!' 22 OF LUBBOOlta 23 SROUOll A• That the bondo ~ said City • to be oalled 24 • •ol!L'Y OJ LUDBOCit 1 'l'EXAS , J>ABX BONDS, SERIES 1946"• be 188U8d UDAer 25 • and by •J.rtue ot tho Oonst1 tution and l.awa of the State ot 'lexa8, 26 1 and the Ohartol' tJt the City , tor the purpose ot purohasins sites 27 I tcw parlal and ot ereo'ina o.n4 ooutl"UUt1ng improveme.o.~ 1;o the 28 • " • 29 1 pulal ot ~ Oitl' ot Lubbook, ~Olu.ding ft1s1ns, s:acU.ns, fUlbs, 30 ter~oint:s, la.ndaoape garde.n1.QS 1 e~ot1ns bul141~, •stablia~ t walks and pavina drivowa.rs nroun4, ill and throusb aa1d parts, 31 • J)lQ'goUDO.o end other publio grounds , aa well as 1Dstallln8, ocn- 32 -# 33 atruotin.s, x-epair1ng Gild !aprovin8 rndnnt ns pools, waUna pools I and other tao111 ties tor tho reoreaUon ot the ob1ldren aD4 34 1 . o1t1zena of the City ot Lubboot, 1n the pr1no1pill sum. at sxrrr- 35 • -• POUR moUSAHD DOT..LARS ($64,ooo.oo). 36 i 37 I Pace No •..... J,...--- 1 EmQ!aON 2f Thn~ s a1d bon4D shall bo numb ore4 ~onaeo- 2 uti~oly trotl One (1) to Sixty-t our (64) • 1nolus1veJ shall be ot ~ . 3 the 4e.nontnat1on at one 'rhouaond Dollaro (t l,ooo .OC?) each, fl88%'&o!> 4 satJtng the sum of s~y-F our Thouaand Dollaru (~64,ooo .oo). 5 SlCCTI Ol{ l& That sud bonds shall be dated Maroh 1, 6 1946, and shall m ture 1A aooordalloe with the tollcm1ng sohedalet 7 ~1 m~RB m 0\islve) UA'l'tJRr'L'r DATES JWO UN'l3 8 L-2 l!arob lt 1947 $ 2;000 ;00 9 ~ lmrch l · 191.8 2;ooo•oo I Marob 1! 1949 2;ooo •oo 10 7-B Maroh 1; 19SO 2;ooo •oo 9-10 m.u.·oh 1, 1951 2;-000.00 11 UJ-12 Horch 1; 19S2 2;ooo .oo H:~ Uarah 1; 1953 a,ooo .oo 12 l!aroh 1; 19!54 a·ooo•OO 17-10 l!aroh 1; 1955 atooo•oo 13 19-20 Haroh 1• 1956 a;ooo .oo I 21·22 March 1: 195'1 a,ooo•oo 14 23-24-25 Ua roh l.' 19S8 . ';ooo •oo 15 11 26-~28 Haroh 1; 19S9 3;ooo .oo 29-3 )1 Maroh 1. 1960 ~;OOO .t OO 16 i ~2-33-34 l!aroh li 1~1 ·ooo;oo s-36-37 Uaroh li 1 2 3!ooo;oo 38-39-40 Maroh 1; 1963 ,,ooo ;oo 17 41-42-43 Jlarob. l, 1944 ,,ooo .oo ~46 Lfarab. 1; 196i '+ooo •oo 18 1 47 49 l!aroh 1; 196 3,ooo ;.oo I 50-51•52 Ml1roh 1; 19~ ,_.ooo .gg I 19 t U=SJ.--SS Haroh l' ~9 3•000. S?-S8 lrarah 1 · 1969 3!ooo;oo 20 !~ Horch 1 z 1970 3%000 eOO J!aroh 1. 1.971 3 ,000.00 21 I S!£1'101! ha 'I'blt all crt uaid bon48 shall bear lntenst 22 trca 4.ate uatU »014 at tbe ftte at ONB Ai m ONIWIAIJI' PER OEN'l'W 23 . (lti') per annum, pa,able on ' rob. l.st and Soptctbor lat 1n eaoh 24 • . year, the firs t 1ntereBt p ayment dnte be1Dg ~ch l J 1941. 8uol\ 25 1 interest to b e evidenced bJ prope r coupons a~taohe4 to eooh ot 26 • 1&&14 bon48. 27 lj SEOTJ ON ~: That the p r1no1p al GD4 1ntereot ot aaSA 28 ' aedes ot bon4D aball be p a,yable on proaentotion and o~el' 29 1 ' ot bonda ·or proper ooupons , in l awt ul monoy ot the Un1 t od s tates 30 , . . ot Amor1oa, at . the GUARA!lTY TRU ST CO!JP.Allf OF JMJ YolUt , NBW YOJUC 31 arrr, ImW YoRK . 32 SBOTX ON 6t 'l'hat eaoh ot na14 bon4s shall bo s1snad by 33 tho ~or and oou.ntors~ed by the City seorota r,:. and the oor- ~ . p o.rate seal of the "CITY O'f! LUBBOCK, TEXAS "-; sball l)e 1mpft8884 35 36 upon eaoh ot th~ 37 Pqe No . __ J.,_ ____ _ 1 SIOtXON :ZI That tb.o taoa11411e s1suturos ot the ~ Oitr seontary EJa3 be lltbosraphecl or printed on the 111teNBt 3 oupona attached tc; said bonds; ·en4 sball have the same etteot aa 4 t" theT had been signed by them. 5 , SEOTIOU 81 1'hat the tom ot sa14 tio.D4o ahall be aub- 6 tantially ao toUow.a1 8 9 UNI'l'XD STATB8 o-. AlmRXOA, srArm ar 'l'EXAB, COu:tm' 07 ImmOOK . $t,ooo .oo 10 OlTr W LUBBO<E, 'lRXAB, PARE BOlm, SERIES 19.46. 11 12 / t 'rexaa, aok:nowledges itself 1.nc!-ebte4 to 8114, !'OR V.ALUB REOlllVBD, 1 3 ~reby p~sea to pay to bearer, the sum ot 14 11 ONE THOUSAND DOLLARS II . , 15 (01,000.00) 1 11l lntul money ot th• Un1W States of Amor1oa, oo 16 the n:BST DAY OF UARaH,.l9_t ld.th !Aterest thel'80n tram tbe date . ' 17 ,-MOt until p814, at the rate of oms Al1D OlfB-HIJ2 PKR OBN'l'tJI (1~) 18 1L.r annum~ pQ11b1e on .Lia.roh la~ and S.p~er lat in eaoh .vau: lr-. . 19 ltb• first 1aterest payment <late be1Q8 ldaroh 1, 1947, on pnae.d- 20 ~latlon an4 a~oJI of the annne& ooupona as thaT a"-"•nllJr matun 21 1 BOIB PRINCIPAL ancl 1irt8rest ot 1;h1e boa4 are huebr , 22 ~-p.,-nble at the OUAIWfl'I 'l'J.lUS'l' OOMPAUY OF HBVI YORK, Nm'l YOU 23 ,Cl'l'f, lt!W Yomt, 24 'l'HI8 BOND is one ot a series ot Sixtr--Four ( 64) satal 25 ~01148: AUmberill. tram One (1) 11«' Sinl"-Four (64), both illolwd.ve: 26 1a11 of aaid bonae b~ ot the denomS notion ot one Thous&DA Dollaa I • . # • 27 ~ (tl ,OOO .OO) 1 aes;regat1DB iti AD10ttnt SIX'l'Y-lrOOR '!'HOUSMID DOLLARS 28 (064:ooo~oo): aDd 1asue4 tor the p~e ot puahastng ~!tea to~ 29 1/parks ~ ot erecting ~d constrnctlng ~roveoen~ to tb.e ~uka 30 . I Of tho City of Lubbook, 1nolt'.di.ng re1a1ne, gra41ng, filling, 3 d terraoin6:~ landsoa,pe gal"d~: ereot!ns buU41nt.!S: establiablns • # 32 . . wal.k:s alld .PaYing driVet~aTS around, in Bn4 through aa14 pa:rka, PW . 33 groUDds U4 other publio groUlidB, as well as installtng, OOllS~ru.o 34 iDs: n_pairing and improvinG ~ pools: ~ pools aD4 ottl 35 ltaoU1Ues tor the reoreat1o.n ot the Ohildren and o1t1z~M ot tM ' 36 1 · 37 ~ e!V at I.ubbook• UD4er authority at the OOIIIIt1tu:: •. :.:• at !. .. .; 1 \he State of Texas, and the Cbarto~ Of said City, 8Dd J)ursuant to 2 an cmU . .o.anoe 4ul.y adopto4 by the City Commisuion ot tho City of • 3 LubbOOk, Tezas , and reool"dod 1n. the Minutes of said CitY' Oommisllio 4 IT IS BEREBI OEnT.IUlED t REOI'l'ED A'WD ItEPRESE1li:'.CD ~t 5 the iasuanoe of th1a bond an.d thO series of \Vhich it 1e a part 6 is duly au1;h.or1zod by ln and by a voto ot the qual1r1ed propertJ ' . 7 tdp91'1n8 vote1:s ot the City of Lubbook, Toxaa , votins at • 8 olooUOA held tor that ~purpoao w1 thin said 01ty on t.b.e 11th d&T . . 9 of De oember, l945 J tbt.l t aU nota , oo.nd1 tion11, and thi.nsD l'eq uire4 10 to be dcme })NOeclent to and 1i1 the iSsuance o t thia series ot . . 11 bon4S 1 anA of tb.ia bond 1 have beon prQperly done tUJ.d parte>1'2ned 12 1anA have happened 1n ~ and due ·time • tom and manner as 13 ~required by lawJ tbat sutt1o1ent tmd proper provision· tor U. 14 ·le'tT aD4 ~11eot1on ot tesea has beu .ma4o 1dl.1Gh, ._ ooll.eote4, 15 I ,shall be APJ)roprlated exoluaive.ly to Uhe poymant. of wa bonA an4 16 1 • 1the ser.1ee o't litliGh it· 1s a put·1 aad to the pqmant o-t the 17 li.D.tereet QOtlpOJlS tht>J"eto 8111U1~ed as the Sam& shall booo.mo d\leJ 18 1~· tbat the total Webtedn~oo ot the City at Lubbock~ Texan~· 19 I 20 ~oluding ~ entire series or bonds of ltlicb; tb.1a1s o.ne, does kot exoeed any oonn1.tut1onal or statutory lWtatlon.. 21 " . • 22 XN TESTlM()llY \~Q'B' • the 01 ty of Lubboak, Texas , by 23 .~ 01!1 OOI'4D'.L1saioa.., ha:s oauso4 tts oorpoJate seal to be attixed 24 25 rota, and t1i1s bond to be s1gned by its Ua,or nnd oounteniane4 its 01tJ seoretaw', anA the 1n.tereat ooupons hereto ati;aohed_ 26 l o be ueouted by the lithOgraphed or pl'inW tnoafmt 1~ a1gnat~oa 27 --. Ua7or 4b4 01ty s eorotarJ"J tJbe date ot tbJ.s boD4, in oo.o:ro-.. 2 8 tq with-the •cU..b8.1loe abqv-o refe~d w, belng the first 4AJ of . . ' 29 roh» 1946. I . . ~DOUNTERSictnmD• 31 32 33 B§OTJON 2• Tha\ tho tosm of 1ntenst 00\lJOn Bhnll be 34 ubatant1a111 as follows a ON 'l?im DAY OF. ---...:.-...J19.__.._, f' 36 e (Jr:f· av. J.ll'8BOCE, n .atmio1pa1 oorporation ot 1}he State ot 'l'esaa, 37 reby prQmises to pay to bearer, at the atJARAtM BUS'l CCIJ:!PAln" 0'1 P&~e No •........ "?~--· L 1 2 3 4 5 G 7 S 9, Ki75I i.►JRK$ 11mi ORK Gri o mr;, ymmo tho fluor Of DOT I IRS doe in lawful money of the United 3tates of Pmorion, being ntha l Interest on the t" OF LVBB r]QK , TMof y s PARE ROTMS , SLITS 1946", dated Mhroh 1, 19460 Bond No #r._._..� SECTICI4 10i That tho folloving cortifloate ahall be 1011 printod on the back of each bond t 11 OFFIC", (F 001STROMI:li 12 13 IN I I=BY (=ff that there is on file and of ro oord 15 in RY OM09 a certifioate of tho Attorney General of they Otatc r of Tozes, to tho effect that this band, has boon 0X=1uud by hint 17 ice© required by lacy and thftt he finds that it has bona insued in cOnformi.ty with th4 COnntitut 0n and Lavin of the Aato of Tames, 19 snd that it in a valid and binding obli,ntioa upon said City of 20 7,ubbvok, Texas, and said boW has this duy boon registered by ma. 21 rarx ■ � �r=W;J a.1Y TWO .TWO �,'� AL OF OT��IC.S, f AT hUST2ti, '.. 930 22 • 2311 i 24 USnp-MoMer of! T:Mllo Aoaoua a of f! the 6trato of 21 fi 1i v� air : : rr FMOMH ORDA=91) M '11M ors 40 27 Wmass"Im ge TM, CITY uF Luu;3 =3 28' That to pay the intorest can said boade and aroate a 2-9binkina fund sufficient to rodvan thorn at maturity* s t t= Of one and one. -tenth 11,34) cm sash oaa hundred 3 i ollara r valuation of all t€xabU property in the City, of .Lubbock, r 32 erns, or auah an amuntA as rra�r at all t1nes ba lanally nooaamyp 33 ,ha11 bo wmuoll v lovied on said property and nmually ausecood 34 d oolleated + or ao ,much thcroof as abAll bo n00e03aZ70 or In 35,dditioa thoruto qs be required, until sold bonds with iutorest 36 herom Nava boon fully paldl and the said tax of one and one --tenth 37 v"�3 �) is here novi lovied for tho current year, and so ch thereof as shall P � fro_... be noce©s©ry, or in odditionV6i6t; --a m1W 1 be requ1re4 1 1s hereb7 levied tor eaOh suooeecU.na year whUe sa14 2 ~~bonds, or any ot tbem. are outstandins, al!d the e&r.*t sh811 be 3 r - ·annually uae.saed anA ooneote d and a pplS.ed to the p urpose nliDed . 4 . 5 SEO'l'ION l&l Dll IT FUR«.lm!R ORDAlNED .BY 'l'Im Clft 7 authorized to teJce: end heve oh&rge of aU neoea-.r1 omee ad 8 . nctoJ.Ida ~tns 1anstipt1on by the Attome,-General of the 9 . ·state ot Texaa, and shall take ahd hue charge and control ot 10 l 11 ltl'le bonds herola authorized penAing theb apPJ.IIOYfll by tbe 12 1 At~mey: General en4 their reBia'VBUon by the O~lle~ ot 13 'Pttblio A OOOUAta . , _Sl!QT!ON A2t AND m r.r FUtmmR oRDm~D m 'mB olft' 14 11 16 The fa4~ that it is to tho best interest ot tho City • 17 that the authorlze4 purohas.o o~ a! tos tor parka; and the ereot1011 18 1 and construction of in;>rov~ts to the parkS ot the City o:t .. , J I , 19 , Lttbbook, inoludtng raisirls, ending• tilling, terrao1na. 18114-, . 2 0 scape sar4eninc, e~etin8 bu1l.,tnss, estebl1sh,os Wlft1kB an4 • • 2 1 :P.8'rlA8 4r1v~ around. 1n end th!'Ouah said~. vl.al'~Ub48 22 il ana other publ1o grounds ~ as r1eU a.o 1nstn1Une : oonstruots..ns: I' . • 23 lrepalring aJ34 iapr~ ~poolS, wncUn s pools and othe 24 ~ollltles tor the Noreation or tho ohUdron and c1 tizontJ ~ , 25 !tlle 01tJ ot LubboCk, be aooompUsh~ at tbo earlleot possible I • 26 .date , onatee this an GmO.rB6QOY measure tor the immediate pn-; . . . 27 sern.t1on of the public p eaoo, properey, h8tilth atid safety, aa 28 :wen u a ~ro ott101ent a4min1etrat1oa and operation o~ the . 2 9 ~ Dep~t of tbe auaioipal eovemment; 4men41llg tllllt 1ihe 30 Oheter pliOV!aions to the etteot that no ord1nan~~ shall be 31 !»used on the d&y on wbioh 1-t shall be 1ntrodU4ed .• bo suapea.te4 , 32 rand th18 ordiMDoe io hereby dooluetl un ~genoy ~ by I . . 33 1nun1mous vote at the City aommis~an, and the same 8hal~ t..- , 34 etfeOt f.rom and after 1 ts passage, and 1 t is so ol"dainea.. . , Pl\SSE D_,_ this the 19th day (11 llaroh, 1946 •. APPR0VU)1 this tho 19th day ot l!arOh, l.946 . 37 Ai"l'B~Ta JiiiOi, cltiy Of tilbb6ok, 'l'aaa. r 01ty aeoreta:ey: oiw at tubboCiE: 'l!eua: p ... No .•• 9-.. ··-·· ! (CitY' Deal)