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HomeMy WebLinkAboutORD 8-A-3"A N 0 R D I T. A N°C E" PRO'VSDIXG' P)OR. THE PURCHASE, RED IPTION AND C.ANCELLATIM OF NINI -ETE -1 SCHOOL HOUSE REPAIR BONDS, AGGREGAMIG II?aETEE 9 HiJ. RED DOLLARS, DATFZ SEPTRKBER 1st, 1905. THE ORDINANCE AUTHORISIP'G THE ISSUE; BEING OF RL0013D IN, MINUTE BOOK NQ.I ORD.IIfAITCES OP'THE CITY OF BEAMI[OTTT, PAGES 354 and 355. ?3E ,IT OPXAINM BY THE CITY COUNCIL OF THE CITY OF BEAUMONT : - . .,Section,—I: -.That -the ,City- Treasurer is hereby authorized and required to transfers -from the I-riterest and Sinking Fund ' of the School House Repair Bonds No. a to ;:the•., City School Fund, the sum ,of N-inet-een Hundred Dollars, par value of -the nineteen School. Houee Repair.Bonds issued September 1st, 19052 together with accrued interest from September let, 1905 to 1.�arch loth, 1509, amounting to the sum of $337.00, Bonds and interest interest aggregating the sum of $2237.00 u237.00 } Section Ix: That upon said transfer or payment being Imade for ;the above mentioned' Bonds, the said -bonds shall -be brought into . open Council and same- shall- be burned or otherwise destroyed- in ; the_pr.ee.ence_of. the -City. Cour' cil,, —aid record= of said cancellation be made on the minutes of the proceedings of Mt the City Council. Section III: '.Tha.t ' the ta:� 'of five r ills (.005) ereat.ofore apportioned to pray the interest and create the seas,ry sinking fund for the redemption pf said Bdnds by an Ordinance duly passed and adopted by the City Council on the 27th day of Octobeir, A.D., 1908 (said Ordinance being of record, 3ook I. pages 489 and 490 of Ordinance Book of said City) is -hdreby<;=transferred and added t -o the''tax of two cents apportioned_ . _.- t.o the Interest -and -S ..nking 'Fund of the Funding Bonds, dated Doq.e ibe.r-Aat, 1902) mE&ing the amount set aside for ?Funding, �3and> 430:2'`ead' two cents and five; -mill s (.025), instead of filo--c;ants 'aa levied And set aside in last mentioned 0rd' ce. Passed by the City Council o the 1{ , day 1:09 -and approved by the Payor the . r day ^o�_t - 1909. � i%.TOW0, MAYOR OV GI TY BEAM TONT. .s THE STATE OF -TEXAS, -COUNTY OF JEF-PERSONO TO THE HONORABLE MAYOR- ATTR CITY COUNCIL OF THE CITY OF BEATMONT: G E X T L E M E'N:- Your committee to whom was referred the -oro-oosqd:-..._l ordinance providing for the piircl.iase, redemption, and cancell- ation of certain school house i*eT)dir bonds, as shown by the proposed ordinwice hereto attached, marked "Exhibit A" -and made a nart hereof', beg to re -port that. it has duly considered said that said ordinance beduly add.opted ordinance and recommend U and .pas sed by this council. RESPECTFUT,LY submitted on this the first. day of June, A. D. 1909.