Loading...
HomeMy WebLinkAboutOrdinance - 147-1917 - Levy And Calculation Of An Ad Valorem Tax For Paying Interest Sinking Fund. - 01_08_1917OF=AIM EAST 'M11TAITM, pROVT ITG 170R ?'$F LP1'Y AND CALLEMON OV ANADV' OMT TALC FOR THE FURPOSE Off' PAM* TIM INTEREST01TkTDCR' MING A SI=G FM TO IMI= THE BONDS OF TEEO`TTY 0? TIMMOCK TEXAS, TIT TIE SUR dam' $ 25 0 000 .00 ISSMTHERt2LDAYOPARILA.D.19,11 FOR THE PUIMM 07 TIM 100KSTRUC T IOC OV WATER 'GORES I111 AND FOR TH8 CITY CP LUBBOOL VMMOC K COT3NTY TMS' Be it ordained by the City Council of the City of Lubbock,Texas, ARTICLE --- 1 An Ad Valorem tax of eight (8 ) cents on the one hundred dollars valuation of all real and personal Puoperty in the City of Lubbock, Lubbock County Texas, not exempt from taxation by the constitution and Laws of the State of Texas is hereby lexied for the year 1917, for the purpose of paying the interest on and cresting a sinking fund to redeem the bonds of the City ' of Lubboek,Texw, in the sum of $25,00O.00 issued the 27th day of April A.D.1911 for the purpose of the construction of Water Works in and for the City of Lubbock, Lubbock,County, Texas. and shall be collected as is provided by Law and the Ordinance of the City of Lubbock, Texas. Passed and approved this the 8th day of January A. D.1917 . Attest City ecretary, On motion by '/1,a ` second by the following Ordinance was passed by a unanimous vote. 0