HomeMy WebLinkAbout1955-11-28 Statement of IndebtednessSTATEMENT OF INDEBTEDNESS
THE STATE OF TEXAS
COUNTY OF ERATH
CITY OF STEPHENVILLE
The following is a complete statement of the indebtedness of
the City of Stephenville, Texas, including the series of bonds proposed:
I.
PROPOSED BONDS
City of Stephenville Sewer System Improvement and Extension
Bonds, Series 1955, dated November 1, 1955, numbered One (1) to One Hundred
Fifty (150). both inclusive, of the denomination of one Thousand ($1,000.00)
Dollars each, aggregating One Hundred Fifty Thousand ($150,000.00) Dollars,
bearing interest at the following rates:
Bonds Numbers 1 to 60, both inclusive, - - 2-3/4% per annum;
Bonds Numbers 61 to 150, " - - - - 3% per annum;
payable November 1, 1956, and semi-annually thereafter on May 1 and November
1 of each year, and maturing as follows: $15,000.00 11/1/65/70; $20,000.00
71/73.
II.
OUTSTANDING BONDS
City of Stephenville Street Improvement Bonds, Series 1929, dated
February 1, 1929, originally issued in the amount of $75,000.00, now
outstanding in the amount of $12,000.00, bearing interest at the rate
of 5% per annum, and maturing as follows: $3,000.00 2/l/56/59•
City of Stephenville National Guard Armory Building Warrants, Series
1949, dated February 1, 1949, originally issued in the amount of
$13,000.00, now outstanding in the amount of $1,600.00, bearing
interest at the rate of 3% per annum, and maturing as follows:
$1,000.00 2/l/56; $600.00 8/1/56.
City of Stephenville Sewer Improvement Bonds, Series 1929, dated
February 1, 1929, originally issued in the amount of $40,000.00, now
outstanding in the amount of $8,000.00, bearing interest at the
rate of 5% per annum, and maturing as follows: $2,000.00 2/1/56/59•
City of Stephenville Waterworks and Sewer System Improvement and
Extension Bonds, Series 1949, dated March 15, 1949, originally issued
in the amount of $150,000.00, now outstanding in the amount of $111,000.00,
bearing interest at the rate of 2-1/2% per annum, and maturing as follows:
$6)000.00 3/15/56/57; $9,000.00 58/59; $15,000.00 6o/62; $16,000.00 63/64.
Amount on hand in the Interest and Sinking Fluid is:
t7jF1 9
We, the undersigned, City Secretary and City Treasurer of
the City of Stephenville, Texas, do hereby certify that the above and
foregoing statement exhibits a true, full and correct statement of the tax -
supported indebtedness of said City existing on this date, as shown by the
books and records of said City on file in the office of the City Secretary.
WITNESS OUR HANDS and the seal of said City, this the '�? -4
day of November, 1955•
V1
City -Secretary, City of Stephenville,
Texas.
Wl o�cyueuvl.u.e,
Texas.
(SEAL)