HomeMy WebLinkAbout1955-11-18 Canvassing Return Sewer BondTHE STATE OF TEXAS
COUNTY OF ERATH
CITY OF STEPHENVILLE
On this the 18th day of November, 1955, the City Council of
the City of Stephenville, Texas, convened in Called Meeting, at the
regular meeting place, with the following members present, to -wit:
Henry Clark, Mayor,
J. W. Clements,
Dean Murray,
J. P. Hedrick,
J. D. Farr, Jr.,
Aldermen,
Doyle White,
Charles Riggins,
John Hancock,
J. Herman Ferguson,
Rex H. Cates, City Secretary,
and with the following absent: Dean Murray, Jno. Hancock & J, P,
constituting a quorum of the City Council, at which time the following
proceedings were had:
Alderman Fergusom: introduced a resolution and made a
motion that it be adopted. The motion was seconded by Alderman Clements
The motion carrying with it the adoption of the resolution prevailed by the
following vote:
AYES: Aldermen Clements, Murray, Hedrick, Farr, White, Riggins,
Hancock and Ferguson, and Mayor Clark.
NOES: None.
The resolution is as follows:
RESOLUTION
CANVASSING RETURNS AND DECLARING RESULTS OF
AN ELECTION ON THE PROPOSITION OF THE ISSUANCE
OF SEWER SYSTEM IMPROVEMENT AND EXTENSION TAX
BONDS.
WHEREAS, heretofore on the 18th day of October, 1955, the City
Council of the City of Stephenville, Texas, adopted a resolution calling an
election to be held in said City on the 12th day of November, 1955, on the
following proposition:
"Shall the City Council of the City of Stephenville,
Texas, be authorized to issue the bonds of said City in the
amount of $150,000.00, maturing serially in such installments
as may be fixed by the City Council, the maximum maturity date
being not more than Twenty (20) years from their date, and
bearing interest at a rate not to exceed Three and one -fourths
(3-1/4%) per cent per annum, and to levy a tax sufficient to
pay the interest as it accrues and principal as it matures on
said issue of bonds, for the purpose of improving and extending
the Sewer System of said City, as authorized by the Constitution
and laws of the State of Texas."
WHEREAS, said election was duly held at the time and place
specified after due notice as required by law had been given by posting and
publication; and
WHEREAS, there were cast at said election the following votes:
"FOR THE ISSUANCE OF SEWER SYSTEM IMPROVEMENT
AND EXTENSION BONDS" 477 Vot
"AGAINST THE ISSUANCE OF SEWER SYSTEM
IMPROVEMENT AND EXTENSION BONDS" 191 Votes
as is reflected in the election returns heretofore filed with the City
Secretary; and
WHEREAS, only qualified taxpaying voters owning taxable property
in said City and who had duly rendered their property for taxation were allowed
to vote;
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF STEPHENVILLE, TEXAS:
1. That said election was duly called; that notice was given in
nce with law and in accordance with the resolution calling the election;
t the election was held in accordance with law; that due return of said
has been made by the proper officers; that a majority of the qualified
who own taxable property in said City and who have duly rendered the
for taxation voting at said election have voted in favor of the issuance
said bonds.
2. That the City Council is in all things authorized to issue
id bonds and to do any and all things necessary or convenient in connection
th.
ADOPTED AND APPROVED this the 18t h day of Noveml)er,
, City of Stephenville,
, C
s.
THE STATE OF ThMS
COUNTY OF ERATH
CITY OF STEPHENVILLE
I, the undersigned, City Secretary of the City of Stephenville,
Texas, do hereby certify that the above and foregoing is a true, full and
correct copy of a resolution adopted by the City Council of the City of
Stephenville, Texas (and of the minutes pertaining thereto) on the 16th day
of November, 1955, canvassing returns and declaring results of an election on
the proposition of the issuance of $150,000.00 Sewer System Improvement and
Extension Tax Bonds, which resolution is duly of record in the minutes of said
City Council.
EXECUTED under my hand and seal of said City, this the 19th
day of November, 1955•
City'Sccretary, City of Stephenville,
Texas.
(SEAL)