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O-1949-379
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O-1949-379
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Last modified
11/2/2016 3:38:19 PM
Creation date
10/23/2006 3:14:24 PM
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Legislative Records
Legislative Type
Ordinance
Date
6/28/1949
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<br />'. <br /> <br />-- <br /> <br />.'" <br /> <br />- <br /> <br />,tJl". <br />e <br /> <br />,.. "- <br />." '\ <br /> <br />-' <br /> <br />/ <br /> <br />~e <br /> <br />(f <br /> <br />e <br /> <br />AND TO THE SEWER SYSTEM OF SAID CITY; PRESCRIBING THE FORM OF <br />BOND AND INTERES~ COUPON; PLEDGING THE REVENUES OF THE WATERWORKS <br />SYSTEM AND THE SEWER SYSTEM OF SAID CITY TO PAY THE PRINCIPAL OF <br />AND INTEREST ON SAID BONDS AFTER PROVIDING FOR THE EXPENSES OF <br />OPERATING SAID SYSTEMS; MAKING CERTAIN COVENANTS OF SAID CITY <br />WITH REFERENCE TO THE BOND FUND FROM WHICH SAID PRINCIPAL AND <br />INTEREST ARE TO BE PAID; PROVIDING THAT THE HOLDER OR HOLDERS <br />OF SAID BONDS SHALL NEVER HAVE THE RIGHT TO DEMAND PAYMENT OF <br />SAID OBLIGATIONS OUT OF ANY FUNDS RAISED OR TO BE RAISED BY <br />TAXATION; MAKING CERTAIN PROVISIONS WITH REFERENCE TO THE ISSU- <br />ANCE OF THE RE~~INING BONDS AUTHORIZED AT THE ELECTION HELD <br />ON FEBRUARY 21, 1948, AND DECLARING AN EMERGENCY", except where <br />the designated provisions of said bond ordinance of the 16th day <br />of March, 1948, are inconsistent and in conflict with the terms <br />of this ordinance, in which event the provisions of this ordin- <br /> <br />ance shall govern. <br /> <br />Section 9: When said bonds have been approved by the Attorney <br />General of Texas and registered by the Comptroller of Public Ac- <br /> <br />counts of Texas, they shall be delivered to the purchaser upon <br /> <br />receipt of the purchase price. The Mayor, City Clerk and City <br />Treasurer are authorized and directed to do any and all things <br />necessary and/or convenient to carry out the provisions of this <br />ordinance. <br />PASSED and APPROVED this ~ay of <br /> <br /> <br />, 1949. <br /> <br />ATTEST: <br /> <br />,qr' ^ , .~ <br />~~ ~ { tf <br />1VI y6r, ty / '. orte, Texas <br />( / ~ <br /> <br />
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