HomeMy WebLinkAboutOrdinance - 053-1911 - Authorizing Insurance Bonds. Construction Of City Sewers - 02/15/1911ORBWANCE ND* $3
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AN ORDINANCE At T11ORxZ G T" ISSVANCE OF BONIX' FOR THE -TARP€ SE OF, TER
COMTRUCTION CITY SR Rs AND PROVIDING FOR THE LIVY AND COLUCTION
OF A 'SAX TO P THE INTMWT ON AND CREATE A SIN=0 FUN FOR TRE
REDZWTION OF SAID BOHM AT IKATURM* A MEALINO ALL ORBIX ON
CONFLICT
aexem* bold for the punos a on the 2ftA da (it' 4
* ty of the qu4jfi" vateva Vho are peloorty me"
*f t& City" f Lubba # Towwv voting at said election aenaUtned tie
p poai tion Iaa" the � baoxeinafter deaeribed bq a 'rote of 1
for the Io _ of bonds to a vote of 13 against the i.awenoe of Bolt
i
10 Be It by Ua,My1�t�n the City tit' b boo T4x&*#
abet - � of` sa ld Citybee +egg *Vity of Lub''bo seer J06OW
be t*sa r ,azA by 43;pj" of Artf alo 4815, Revia0d 9t4t4t8* Of fad,
as smwvAod r the purpowo, of -e tv tla8 city U*vo" in id City#
the st +vu of Th a> tine ova
3o Said Bon s shall b dated #be 1 h day of brua ►` IOU# Shall
b a�� �;�b�.adt terms ?, their datae but + e a'S
a thae City at atafter fifteen � � their
date b�l or
set outer
a 1 bear inlorest apt the "tag of fivo patent par a
yab
Both ip and
interest a� ' e payable n n p"aentation a u4
so or peeper ae�. at the _Bte Taaur7a Austin
=s t ba HavAw or NatiawA Bw&. Nam York, N.Y. at the ;;;ton
Of t b"d
6# Said b a ab. be signed by the WaYO# allay a unt+ sign" by the
city, a i a" R, 6istered by the �:itf%a��r# and tbo a i or
t Cif - be i�aepV*sxed upon �of f tb *
I'* The # Uisiowturo of the moor the City seoretary MW
bo litboVap d upon the eMPOASo
go Soid ,8n a aball be in forty and Shall eaeatain recitals sub-
tWITED STATZS OF A)MICA*
STATZ 07 TMS *
cam' or WBB004
BONDS
Inow all titan b3, t ae plvaestst That the * ty of Lubbook in Lubbock
*a
C yr ,Ttte to la bted to l a ' 'y t bear 5
Da ara iaeefui n of t "` ftltod s tew Ax9ri*`ae can 0 fift+aenfh
day of it with in "et tberson at the ratO Or '?I per
Bent per �`aeb r a��a jy on the fifteenth day of bra
And August o f eeeh am pr n'�Ztion and sur"n r of anxa "d
,*aura bearing 'fie :Caa�Wie al atu"s of the Mayorend the C1
eeretary of said U ity r as the swera Uy 'b"mo ft*0 both prineip!f
and interest of this Zoa4 are ps �cbla at the State Austin*
�'a�►r or at tits Mma r 9010M Daak* Neer Ifift T. at
'Option of the bolder* aad tha Said Oi to bete y held and far p
bound a � o"dit& faith it# sn4 � tie and �� 1
*a Id C1t�' a May b� pl#� for the �e�t n�of
tbo prjwjp#j and inert ot %kjo 86nd as the sow boaaw due
The City of bMoo*�bg ae ea "0 right to redeem the series
Of B Ot whUh at I *W la402-est Ming period after ft ft �t
-fvmtheir. e xith 'Nbarr"
t a in for
t ato TIOSOU24W !tea to MdA ' cww Natjon*j BaW4 by Athe MY
41SLU fix" for donsion.
bot
SM#A 0 d r Zkot p Ud ter r oont f� * t� bey a
This :0
to
V* * data and tonor# 3.ua"mA for the Via*
era of t*
UVA#r and
1„� � � p=�.i ova ' '* at�tl *Ad� a
s" or T a *r s of a Juan legally and day sae
; # s wad 01 ► (said OTauar-0 ftly *PPXVV04 UY the
lkyor of iald CI the 140, dar of April# "U
AM It t 'by and 1a**4 that tha "W"
"Bovavas # t'A to *,VMW oftb*qualtrIOA
�► � UZ of said ti �, �t Mien �y ant
d aid �d im tto Und dw*., Of Z # 10109 Amd tat tb*
r} * Taro of ada vasa majesty Or
said P"P Uz sera ►tixg at aeld Oloctioul that vi"o c bas t�
Mad* ror'4 t .ovy and *01100tut or. 4 ikM n o � ` lly swiffletent to Pay
interest on : a jd series of x4WdS as tte ao* becomm fto and to pW
? " ,maturity# and tit ae ** t maltions# and 'obi
veul"dty a d� dt**A. out te4" t Issuing
a+ � boon p ly aka and p�� and claw
oxist re ar and am � � "quir*4 by Constitution
t * and �t of 0"4 - ►408 of 20ar# tote � Withan
Oi� dab or aajd ultya a d *at t T� le ed four said
*trios 0 S,� t ether with aU tithe �a l� 'b said k1
WW +�MMt� t1 . 9 statutory �tatio
.. � areof 'tea said o' of bbt k hot owumd 'Oft to '
aa4& 00""U by its c!ty ftortary# aa4 Its
OOT'"S
bMMt&ULd t Surat *00pOM 110v*tO na
r
;r bTT#
. .
I#* Ta intwaat cdap*a atta#hid; U 401 b0ftft a 1. be ft sabo
Stantially O Following -"+gm# t vIt
�T9RIS 0 P
T Gtty of Lebb k* in Lubtook thnnty,. T vi13 r to the 'bearer
er tp . re 3 r s,� .a the V tad t;tat�r of r14
of thebtate Tr*Wmr7,* AnstSU# TOMS* OV at $be IUMOVOr Hati OUel Ott
f york# *Y.# at the .opt on of they holder* being six zontba an Its
r Boaddated Fad s%7 I IOU
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