HomeMy WebLinkAboutOrdinance - 121-1915 - Levy And Collection Ad Valorem Tax Paying Sinking Fund. - 01_11_1915ORDINANCE NO 121. AN ORDIWC.E PROVIDING FOR THE LEVY AM) COLLECTION OF AN AD VALOREMTAXPORTHEPURPOSEOFPAYINGTEINTPRFSTONAir- CREATING A SIE8'II GFUNTORED$EE TIE BONDS OF THE CITY OF LUBBOCKv TEXAS* Ili M SWOF $250000.00 ISSMM THE 27th DAY OF APRIL, A.D. 1911 FOR THEPURPOSEOFTHECONSTRUCTIONOFWATERWORKSINANDFORTHEC17Y OFLUBAOCK# LUBBOCK COUNTY* TEXAS. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK, 'fEXASSArticle1. An Ad Valorem Tax of eight (8) cents on the one hundreddollarsvaluationofall' real and personal property in the City ofLubbock, Lubbock County, Texas,, not exempt from taxation by the Cons-
titution and Laws of the State of Texas to hereby levied for the year
1915 for the purpose of paying the interest on and creating a sinking
fund to redeem the bonds of the Cty of Lubbocks, Texapt in the dun
of $25,000.00 issued the 27th day of Aprils A.D* 1911s for th purpose
of the construction of 7s.ter Works in sand for the City of Lubbock#
Lubbock County* Texas, and shall be collected as is provided by Law
Pnd the Ordinances of the City of Lubbock* Texas.
Passed and approved this the 11th day of Sanuaryp A.D. 1915.
seal) F.E. Wheelock-p. Mayor,, City of Lubbock! Texas.
Attest: W.M, C hawp City Secretary.