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Home My WebLink AboutORD 6-S��q�I� gyp►) � - �' o� le t' AUTHORIZING AND DIRECTING 1tiE PROPER OFFICERS OF THE CITY OF BEAUMINT ISD HEREIN . TO FORTMITH PREPARE AND E)ECUTE . AND_ TO _NEGOTIATE AND DELIVER, FROM,= TO TIME, AS _NECESSITIES RE_�ZUIRE,..LEGAL.AND BINDING. OBLIGATIONS OF THE CITY_ OF BEUMNT IN. THE 'FORM_.OF DEFICIENCY WARRANTS, .DESCRIBED_ IN SAID_ ORDINANCE, ..FOR. THE PURPOSE OF DEFRAYING. THE CURRENT EXPENSES_ FOR THE MAINTE- ItiTA�JCE AND OPERATION OF THE GEMERAL DEPARTMENT OF GOVERNIv T MENTIONED IN . SAID ORDINANCE_ 9 . FOR TIM. PAYh+iENT AND _ DISCHARGE OF &J D- 7:'AFJW4i'S; . AND DECLARING AN . E�fiERGE�iCi�. _ _ WHEREAS, the City of Beaumont, pending the collection of the current tax. revenues, . from all sources, being taxes for the year 194:'7;, is without funds wherewith to pay its current obligations incurring and to be incurred for the operation of the General Department'of the Government, and.in order to acquire funds wherewith to defray the current expenses of the General Department of the Government, pending the collection of said revenues, it is -necessary that the City of Beaumnt borrow money upon the faith and credit of said City, and to anticipate and pledge an equal: portion of the current tax revenues of the City for the year 19470 T13EREFORE, BE IT ORDAIATED BY THE CITY COMMISSION OF THE CITY OF BEAUMNT, TEXAS: Section l That Otho Plummer, Mayor of the City of Beaumont, and his successors in office be, and they are hereby authorized to forthwith prepare, or have pre- pared, and to execute, together with the City Clerk, and to be countersigned by the City Manager, legal and binding obligations of the City of Beaumont, in the form of and evidenced by Deficiency Warrants, dated on the date or dates when negotiated, and delivered from time to time, as hereinafter provided, pay- able to "BEARER" on demand, bearing not more than 32J interest from their date until paid, which said warrants shall be, and are hereby secured by the legal and binding pledges and hypothecation of FOUR h"UNDRED AND T7fENTY FIVE TFOUSA?ID DOLS ($425,400000) of the current revenues of the City of Beaumont for the year 1947 as applied to the General. Fund, the said Deficiency Warrants to be paid and retired out of the first tax revenues collected for the year 1947 for the operation of and application to the General Department of the City Govern - Mat said Warrants Shall be executed, negotiated and delivered as when it is requisite and necessary to raise money for payment of existing obligations and for defraying _the current expenses for the operation of the General De- partment of the Government, until such time as there shall have been collected M X61 (6 6 �-1-9 suffi cient...moneys from the source above mentioned Wherewith to pay off, dis- charge and retire such werrants, together with accrued interest thereon. knd. there is here and now appropriated and set aside out of the first m=oneys so 'to be collected, a sufficient sum wherewith to pay oil and dis- charge all of such deficiency warrants as may be so issued and negotiated to the then owners and holders thereof; provided, however, the total amount of such warrants of this issue sha11 not exceed FOUR HOME AND ' TD-IT'Y FIVE ThTOUS_UM DORS ($425,000000). T:ne said Deficiency T'larrants shall be in the following foam, to -grit; 11THE STATE OF TEE A`S COU=NTY OF at,FERSOM On depend pay to the order of "BE RER" so -the Director of Finance City of .Beaumnt Counter signed: City Manager ATTEST: Beaumont, Texas 194. �° Iftror City Clea L This V7az---ant is one of a series of several wazora_nts authorized by the City go ad ssion of the City of Box- -mont by ordinance duly passed on the 3rd day _of Jure, A. D., 191+_7, and is payable out of the tax Levies for- the year 1947 and_ el argeabl.e to the General Department when, col- lected. This Iffarrant bears interest at the rate of not =re th , ?ger cent . per ar )-uri from its date until paid.!! Ine said rrairant-s shall be duly regisuer ed before being negotiated b;x the Director of Finance. Section 2 The i'act that the City of Beaun�ht is"�Jrit�io�lt .ft?rds noir to discharge the currer_t obliga ,ions i.ncur�r•ed for Che aa- tenance and opera tion of the Genes -al Department of Government, i!,,ithout at once ai:ticipating grad pledging FOR HUS DMD QM T -Y- vTY -F IVE DOIJV-:R,S (�Mt25, OCO.00) of he tam zeverues of tf2oh--.V e -1-12iig all ,rsm c e s -s4hlall be n of tZr-'e read on, th:�,ee sej-a--- Vh-1 he:.,ebJF and - the ef:-Cect upo`ts n. Lul� 1;!asa-e and s-El-aal,u-v-e of - - t I,..;— — PLSSED by t -he affil-i� 'u-i've -vote- of a�- iae,y�le--s r:, -v che City Cln-,, thc 3icll alay cif rime, L. D..0 i ti;E'• � 1:,� ► r E' < E' r t: _ .:;'-` # M3F;'� � tt1'' �' i, }. �. ;ar �;:.e :'�1: ! E';yt, tr l:+'. i. a i►C r 11. fs E };it 4 ! f!a I#K' t':►. r+',. i; yr i It j>.;�f i K:. Er, yiS: 17'{• E- E� S s i.t. tFt7 fi�...',I :,.�,�- .,•- -E,' E.�.. yyi'.: , ti ,E f,::.y, [ t .s` r.;E'f;x,� .�'►' � a:.- # rE• ,.r;;` � C� t tit f:` ply t,V N.' i': tl .I •.t 4t J.;,: ►." �,... t 'r {► � ;i:� ► y. Ifi ►.?►}. 't• mmw, The CLU o Wit, pamw tho owu4ruat *w. owyout um "w6ft", alzm OU 40WO"bfat "me 2947, Is vltbftt As", tItr"Ith io It 0020% + W,00.IWO 18042*W led to bw IWW"d legit tbo qpnttm of downi at the ikRulowto o", la order to +rte' twAs wborovi'tb la di i" the wAvmt 4xpowms of the asawwa bopulmt oc tbs t"Mtk PO&dU%g t?* OCUO ttioa at udd "VMM, It 141 #bit lati+ tt "d per- an WMI vwtum at vw W42"t 'mss .vovwmo of ww Mir fte vw "W 19c* ' A$ OVA PIMMr *Vftl of VW ' 'dpi' CC ilii L art bU s1Nrftow" ft Ott ft be* ad V' *".bwe* weg"!" "fib rm-"Ja p"""t 1w bave pro" pt r"# Ind to # t%w'"th vo, ut t as*,Je "d to to "tih"aN ped `vwChi► `* l#Wl md bftdl" oi�iidll►t ot uo mr at banont, is lb* tbM of +gid "aWr _D `t, i> er +t, MW ant #ewe ftto or rh►U ' metria1 wo SM ftU*Wrrd ltft Um to 'mss + 3 nwlatt" Itis", M" cs &wm,.Iearuw ms avec tbu tat"*" a t tb" r a&%* "aft" 01"t" 1w"t1wott"I OC IM ROMM AN "OUAW (twom'oo) at vo off r+senttawtr ott the Car of swat for the, 2947 M+►r ANAL" to lbo Owwa*l rmdo Vo +MMd- DatlolmV WwmaU to be p*id, $ad xoUx4d mt at tIVA Us ro"WMw oal W rW to yew 1947 jar Ike opmauj t st and SPOU46um to the amusl Dva4u pt at tbo cf'Iir amweAk aa+ra+A asu to +mc od, ted fmd AQU""d NtAO it MA -01 ott ' Wololmoiallr4, Pilaw, . "Marto " warn I*w Ism +>j 'Pok. A 'lilt OW jo (00,000 OV141), "'Wimft ,JIM Vx No Text - 01�-6-,` anu. Thatchers. 4 , Comfortable gable to dition�2880 1 Supply earn not Servet Bas ],,from - their, g • nge — Ph. 735 months. ReEd warrants between 6:00secured- by, I )ME FIIRNISHINGS: Table top lenges, and t Good condit HUNDRED PUBLISHER'S AFFIDAVIT n: New and used;' Bo xar. garr�4iND DOL- ' ri d: Complete line French Victo 1'lont rsve- • n, ,.: Odd eh gURPEE , sks. secretaries. Chinese• SPai ' AND pieces: Upright Low cash Ki FURNITURE SHL -AMERICA, (All Sizes) Fess ` e:,�� THE STATE OF TEXAS IERSPRINGS e NGS at''� Ue pe Bur." COUNTY OF JEFFERSON Ij875 & up fete E Payments ��ecN, AND `y rTT. & UPHOL. Sf automatic , °ih Ph. 8 %[ZPAI_EltS d pt,P6 ;, in' Mason Jars ! <� m Before me, the undersigned authority, personally appeared DARD MOUTH,' v - appro- lr MOUTHC the first i1DE MOUTH. Sp� a dlcdis- LT � URNISH-- YOUR r^ t' R. A. Bean who, being by me duly sworn, says that the f o r.e g o i n g and attached Legal Notice was published on the following dates: jury -j 'I A. D., 19 47 1 in the BEAUMONT Journal , a daily newspaper printed and published at Beaumont, Jefferson County, Texas. SUBSCRIBED and sworn to before me, this the l "r day -.of ' = A. D. 19: ARY PUWC in and for Jefferson County Texas 0 20 Y theof{; t Furn. 'Co, ELO,,ernt shall not' riposa—Ph. 239 n D TWEN- Window FansRS ($425,- Used piano, t with G. E. and pianos, specs shall be' USE motors. Com- low as $1Ct. ' led: No money down. month. It August 1st. S. H. _ .•' itractor. "Builder of A 'visit to . dint, Texas Ph. 2-3269. 1796 TY- You we ha ve• • • • • •1947 This sale b.' of ny coffee table, oris- ends JUNE 1 :5, will sell for $15. SELECT Y FAN and motor. A WORLD'S B Also.corrugated iron' " •'DZay... Son. HARDMAN, l+r 4nh cr ^ City Manager ATTEST:. City Clerk This Warrant is one of a series of I several warants authorized by the City Commission of -the City of Beaumont by ordinance duly passed on the 3rd I day of June, A. D., 1947, and is Payable' out of the tax levies for the- Year 1947 and chargeable to the General De- partment when collected. This Warrant bears interest at the rate of, not more than 31,z percent Per annum from its date until paid," The said warrants shall be duly regist- ered before being negotiated by the Director of Finance. SECTION 2 The fact that the City oY Beaumont Is without funds now to discharge the current obligations incurred for the maintenance and operation of the General Department of Government. without at once anticipating and pledg=