HomeMy WebLinkAboutOrdinance - 139-1916 - Improvement And Extension Of Waterworks System - 07_10_1916o o fANORDINANCE -Jo. 139. DIRECTING THE IkgWVIT AND EXTMION OF THE WATERWORKSSYSTEMIFTHEOITYOFLU880CE,. TEXAS, AUTHORIZINGTHEISSUANCEOFSIIPEROENWAMURTSINPtMENTFORNECESSARYTABORAMMATERIALADDLEVY00ATAXTOPAYTHEINTTEREN'T ON SAID WARRART S 140PHDVIDESUPFICIENTSINKINGFUMTOREDEEMTWUATMATtMITY, w+`w w + ww rrrwwwr+r WHEREAS,
it Is deemed neoessary and to the best Interest of
the City of Lubbook, Te3ms, to improve rmd extend the water- works
system of said city; and S-
RRFAq# the said City desires to pay for the material and
labor neoessary to make such improvements with time, inter - eat
bearing rants; NOW THEREFORE BE
IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LUBB
OOK 1L
That the said City, under the direction of agineer,
improve and extend its water
works system, { S ;
That the cost of said improvements shall not exceed the
aggregate sum of Rix Thousand Dollars ($6,000.00] , 3;
That warrants of said City maturing serially over a period
not ex000ding ten years ft6m date and bearing interest j at
the rate of six percent per annex be i ss us d to payment fof the
neceasary materials and labor In the construction of said works
the aggregate amount of which said warrants shall not exoae&
the said sum of Sig Thousand Dollars ($6,000,00). 4;
That to pay the interest on said warrgatq and provide pthe
necessary sinking fund to redeem them at matarity a tax of cents
on each One Hundred Dollars valuation af• all taxable
property in the said City of Lubbock is hereby levied for
the current year and each miaoeeding year while Said war,. rants,
or any of them are out etsnd ing , and the same a hell be uall
y lovie d, assessed and collected and applied tomthe par - poses
named. Passed
and approved this the 16_day of Jhly,1916. or.
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THE STATE OF TESL
COUNW OF IUBBOOK
CITY OF LUBBOOR
I J. We Lamb, City Secretary of the My of Lubbock,
Texas, do hereby certify that the foregoing is a true and
correct oopy of an ordinsnoo adopted by tho City Counoil
of the City of Lubbock on the ip day o f Jhly, 1916,
as the same apse Bra of record in Hook pages.? .^.
of the Minutes of said Council*
Given under my hand and a eal o f of f io e, this the
day of July, 1916 r
Le'a
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UlTy,77eavetary. U Dv ,Mae*
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