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Ordinance No. 139r� t` .® r1 U • r� ORDINANCE NO. 139 ORDINANCE CANVASSING RETURNS AND DE- CLARING RESULTS OF'SPECIAL BOND ELECTION THE STATE OF. TEXAS COUNTY OF HARRIS The City Council of the City of Baytown, Texas, convened in session at the City Hall within said City on the ctr day-,of April, 1952, with the following members present, to -wit: J. A. Ward Mayor W. E. Buelow Councilman, District 1 R. B. Bergeron Councilman, District 2 )4U-&4 % 74� t [ l Mme, u` I7 XX3 M. L. Campbell Councilman, District W. D. Reeves Councilman, District 5 R. H. Pruett Councilman, District 6 Mrs. Edna Oliver City Clerk _ when the following business was transacted: The Mayor 'introduced.an ordinance which was read in full: Councilman FA: g,orOn "made a"'motion that the ordinance be adopted as ..read, w.� - The:'motion.,wa`s' seconded -by, Councilman -1 and carried by the following vote: AYES: -Mayor Ward, Councilmen P�,Wg Bergeron; CaqipbXll, 1 XX X Councilmen- Buelow and 14. L. Campbell Reeves and Pruett. NOES: MdWC. The ordinance thus adopted follows. ` ORDINANCE'CANVASSING RETURNS AND DECLARING RESULTS OF _SPECIAL BOND ELECTION HEED.IN THE CITY OF BAYTOWN, TEXAS, ON APRIL 1, 1952 WHEREAS, there was held in the City of Baytown, Texas, on the 1st day of April, 1952, an election at which was submitted to the ..duly qualified resident electors of said City who own taxable prop- erty within said City and who had duly rendered the same for tax - ation the following propositions, to -wit: PROPOSITION NO.I ONE SHALL,THE CITY COUNCIL OF THE CITY OF BAYTOWN BE AUTH- ORIZED TO ISSUE THE BONDS OF SAID CITY IN THE PRINCIPAL AMOUNT OF FOUR HUNDRED EIGHTY THOUSAND DOLLARS ($48.0,,000.00), MATURING SERIALLY WITHIN FORTY (4o) YEARS FROM THEIR DATE OR DATES, AND BEARING INTEREST AT A' • C� �J y � • and RATE NOT TO EXCEED FOUR AND ONE -HALF PER CENT (4 -1/2%) PER ANNUM, FOR THE PURPOSE OF IMPROVING, ENLARGING AND EXTENDING THE CITY'S EXISTING SANITARY SEWER SYSTEM, AND , TO " LEVY AN ANNUAL TAX SUFFICIENT • TO PAY THE INTER- EST ON SAID BONDS AS IT ACCRUES AND TO CREATE A SINK- ING FUND FOR THE REDEMPTION OF SAID BONDS AS THEY MA� TURE . PROPOSITION NO. TWO SHALL THE CITY COUNCIL OF -THE CITY OF BAYTOWN BE AUTH- ORIZED TO ISSUE THE BONDS OF SAID CITY IN THE PRINCIPAL AMOUNT OF FIVE HUNDRED TWENTY FIVE THOUSAND DOLLAgS ($525,000:00), MATURING SERIALLY WITHIN FORTY (40) YEARS - FROM THEIR DATE OR DATES, AND BEARING INTEREST AT A RATE NOT TO EXCEED FOUR AND ONE -HALF PER CENT (4 -1 /2�) PER ANNUM, FOR THE PURPOSE OF IMPROVING, ENLARGING AND EX- TENDING THE CITY'S•EXISTING WATERWORKS SYSTEM,•AND TO LEVY AN ANNUAL TAX SUFFICIENT TO PAY THE INTEREST ON• SAID BONDS AS IT ACCRUES AND TO CREATE A SINKING-FUND FOR THE REDEMPTION OF SAID BONDS AS THEY MATURE;. WHEREAS, there were cast at said election 2,725 votes, of which number there: were - .cast_" PROPOSITION NQ. ONE. FOR THE ISSUANCE OF '$'480,000 v8AN.ITA•RY SEWER-1 SYSTEM BONDS x:,326 votes AGAINST THE ISSUANCE'OF $480.,0.00 SANITARY SEWER SYSTEM BONDS MAJORITY AGAINST THE ISSUANCE .,'Op'; $480,000 SANITARY SEWER SYSTEM BONDS,; ','. 7 PROPOSITION.NO. TWO FOR THF,.ISSUANCE OF $525,000 WATERWORKS SYSTEM BONDS AGAINST THE ISSUANCE OF $525,000 WATERWORKS SYSTEM BONDS MAJORITY AGAINST THE ISSUANCE of $525,000 WATERWORKS SYSTEM BONDS 1,399 votes 73 votes 1,265 votes 1,436 votes .171 . votes as shown in the official election returns heretofore submitted to this City Council and filed"with the City Clerk; Therefore BE IT ORDAINED by the City Council of the City of Baytown: :.__t.'_That:said election was duly called and notice thereof given In accordance with law; that said election was held in the manner -9.- required by law; that due returns of said election have been made by the proper officers; that said election has resulted unfavor- ably to the issuance of the bonds 'described in each of said prop- ositions and that a majority of the qualified voters votingoat said election•have voted against the - issuance of the bonds de- scribed in. each of sa-i•d propositions. PASSED and APPROVED this 9th day of April, 1952. i ® or, y of Ba town, Texas ATTEST: City Clerk t`ir�. a 44 (SEAL)- ' P ' �R .Y Or ] =4'