Amarillo daily news. [volume] (Amarillo, Tex.) 19??-current, 1922-01-25


Whereas. AZ an election held Tor the
purpose ON September I, 1929, ma
Jority ct the qualified voters Who are
property tax payers Of the CITY ct Anna
rillo. Texas, voting at said election.
sustained the proposition To- issue bonds
hereinafter described. by a vote uf four
hundred scycnty.two Tot the issuance ~
said bonds to vote of thirty six
against the Issuance Of bonds, and.
Whereas. said bonds have not been
issued under said former ordinance. and
the city 81 Amarillo now desires L.
issue such bonds upon the tcriss. con
dition and In the manner herein pro
NIdcd and stipulated. Now. therefore.
BE Il Ordained by the city ~ Anna.
rilo:
Section / That said bonds OF the
City " Amarillo 10 be called sanitary
Sewer Ponds ~ the CITY ~ Amarillo. "
Dc issued under and hv virtue II Article
~, Section !, of the Charter ~ the CITY
OF Amarillo, to obtain revenue for the
Iuposc ~ extending tho sanitary
Sewer system Of the city IT Amarillo
See. . Said bonds shall d. issued
and numbered consccuiNely rrum one
e. sixty, inclusive. aud shpl he ~
the denomination of Ono Thousand
Nl .oo0.ool Dollars each, aggrcgating the
sum Of Sixty Thousand ESQ 900 0Ol Dol.
lars.
Sec . That said bonds shall Doe So.
rfl, AMI shall De- dated nrccmbcf Ist.
1921. aud shan be n.dcemahlc ~ tn.
option "t the city at Amarillo at avn,
tinc after g. udol wears after the date
aforesaid 81 said beads and said bonds
shall hc due and payable cuuS,,, .uiiyoiv
each year for iiftccu To- turty years. IN.
elusive. ~ follows.
Nos. 10 =, inclusive. fifteen Years
otter date.
Nos. 70 10. inclusive, sixteen year.
after date.
NoS Is &" o. inclusive. seventeen
years after date:
Nos - 10 81, inclusive eighteen
scars after date
Nus. 80 to 81. inclusive. nineteen
Years after date:
Nos. ~ % 90. inclusive. cun-ccutiycly
one each year. twenty e. forty years.
inclusive. after date.
HhA ~ ~ANN AfAlNNA" NllNA NiN' ~
interest NJ the rate 81 five Der r,ui
so prr annum. payable semi annually
ON the first days of June and Dccom.
bcr of each year after the date aforc.
said of said bonds. such interest a. bs
evidenced 10y proper coupons attached
g. each bond. numbered cunsccutiv,lv
Scc. 8. Tho principal and interest
on said bonds shall De- payable on pre-
s,ntatiuu and surrender of bonds ~
proper coupons AZ the National CITY
Bank ~ New York. New York.
Sc. q. Each 81 said bonds shall ID
siga,d by the Mayor countcrsgncd and
registered hv the city Secretary. and
the seal ~ the CIV ~ Amarillo shall
be Impressed upon cach OF said bonds
Sec. e. The fac Similr signatur, ai
the Mayor snd CITY Secretary may ID
Autographed on The coupons.
Sec. = u n further ordained by ths
City Of Amarillo that - pay the IN
t"rest On url bonds ~ u accruc- and
create sinking fund sufficient % dis
chargr said bonds At their respccti,,
maturity dates. "a tax ~ two cents ou
each onc Hundred 0ieo om Doliar-' val
rstion ct al taxable property IN 81,
City 81 amarillo Dr. nov and hereby
lc,icd for III. y'at 1879 and said tal
ie he'd fur the Neag 1921 under aid tor
mer ordinanc, Is hervby ratified an,
confirnca aud said TIA. 81 So ulusl
thereof u- msy d. nro,s1,rN shall O..
annually tNvl levied asscsscd an.
collected until st!d honds snd utcr.s
thrrcon arc paid. OF until enough hal
been collected O. psl same. and su,i
portion ~ the annual tax lr,icd h.fr
after shall De- sr. anJu trd ,prii.d g,
ths pirpuecs named.