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Ordinance No. 448• 9P=AN CE NO • , AN ORDINANCE.AUTHORI2ING THE ISSUANCE OF CERTAIN CITY,OF BAYTOWN REVENUE BONDS AND CITY OF BAYTOWN TAX BONDS; PRESCRIBING CER- TAIN TERMS AND CONDITIONS RELATING THERETO; CALLING AND PROVIDING FOR ELECTION AUTHOR- IZING THE ISSUANCE OF SAID BONDS; AND PRO- VIDING THAT THIS ORDINANCE SHALL TAKE EFFECT FROM'AND AFTER ITS ADOPTION THE STATE OF TEXAS § COUNTY OF HARRIS § The City Council of the City of Baytown, Texas, convened in regular session at the City Hall within said City on the 10th day of October, 1957, with the following members present, to-wit: 0 R. H. Pruett Mayor W. C. Swain Councilman James Garrison Councilman Walter Lane Ward Councilman Lacy Lusk Councilman Edna Oliver City Clerk aaid the following members absent, to -wit: Clayton and Mears, when the following business was transacted: The Mayor introduced an ordinance which was read in • full. Councilman Ward made a motion that the ordinance be adopted as read. The motion for adoption was seconded by Councilman Garrison, and carried by the following vote: AYES: Councilmen Swain, Garrison, Ward, Lusk, and Mayor Pruett. NOES: None. The ordinance thus adopted follows: • i AN ORDINANCE AUTHORIZING THE ISSUANCE OF CERTAIN CITY OF BAYTOWN REVENUE BONDS AND CITY OF BAYTOWN TAX BONDS; PRESCRIBING CERTAIN TERMS AND CONDITIONS RELATING THERETO; CALLING AND PROVIDING FOR ELEC- TION AUTHORIZING THE ISSUANCE OF SAID BONDS; AND PROVIDING THAT THIS ORDINANCE SHALL TAKE EFFECT FROM AND AFTER ITS ADOPTION WHEREAS, the City Council of the City of Baytown, Texas, has heretofore authorized the issuance of certain revenue bonds payable from the net revenues derived from the City's waterworks and sanitary sewer system, to -wit: $465,000 CITY OF BAYTOWN WATERWORKS AND SEWER SYSTEM REVENUE REFUNDING BONDS, SERIES 1957, dated May 15, 1957, numbered consecutively from 1 to 465, both inclusive, in the denomination of • $1,000 each, which bonds were approved by the Attorney General of Texas on the 6th day of June, 1957 (Comptroller's Registration No. 31865); T:_1 WHEREAS, in the ordinance authorizing the issuance of said bonds the City expressly reserves the right to issue additional revenue bonds on a parity with said Series 1957 bonds, said additional bonds to be secured by and payable from a first lien on and pledge of the net revenues of said water- works and sanitary sewer system in the same manner and to the same extent as said Series 1957 bonds; and WHEREAS, under the Constitution and laws of the State of Texas and the Home -Rule Charter of said City, the City has authority to issue revenue bonds and tax bonds; and WHEREAS, there is a great need for the construction of extensions and improvements to the waterworks and sanitary sewer system, and the City Council has determined that additional revenue bonds payable from the net revenues derived from the • operation of said system should be issued; and -2- WHEREAS, there is also a great need for the issuance \ of tax bonds of the City for public .p ark and recreation purposes; for the construction of certain municipal buildings, to -wit: a City Hall, a City Library Building, Fire Station Buildings, a City Health Center Building (City Clinic), and a Police Department Building; for constructing permanent street improve- ments; and constructing permanent drainage improvements; and WHEREAS, before said bonds can be issued, they must be approved at an election by a majority vote of the resi- dent qualified electors of said City who own taxable property • within said City and who have duly rendered the same for taxation, voting at said election; Therefore BAYTOWN: BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF Section 1: That an election shall be held in and throughout the City of Baytown, Texas, on the 2nd day of November, 1957, at which election there shall be submitted to the duly qualified.resident electors of said City who own taxable property within said City and who have duly rendered the same for taxation, for their action thereupon, the follow- ing propositions, to -wit: -3- 0 PROPOSITION NO. ONE SHALL THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS, BE AUTHORIZED TO ISSUE THE REVENUE BONDS OF SAID CITY IN THE AMOUNT OF $524,000, MATURING SERIALLY WITHIN 30 YEARS FROM THEIR DATE OR DATES, BEARING INTEREST AT A RATE NOT TO EXCEED 5% PER ANNUM, FOR THE PURPOSE OF EX- TENDING AND IMPROVING THE CITY'S EXISTING WATERWORKS SYSTEM; SAID BONDS TO BE ISSUED IN ACCORDANCE WITH AND SECURED IN THE MANNER PROVIDED IN ARTICLES 1111 TO 1118, BOTH INCLUSIVE, VERNON'S TEXAS CIVIL STATUTES, 1925, AS AMENDED;AND TO SECURE THE PAYMENT OF THE INTEREST ON SAID BONDS AS IT ACCRUES AND THE PRINCIPAL OF SAID BONDS AS IT MATURES BY PLEDGING THE NET REVENUES FROM THE OPERATION OF THE CITY'S WATERWORKS AND SANITARY SEWER SYSTEM; EACH BOND TO BE CONDITIONED THAT THE HOLDER THEREOF SHALL NEVER HAVE THE RIGHT TO DEMAND PAYMENT OF SAID OBLIGATION OUT OF ANY FUNDS RAISED OR TO BE RAI;?ED BY TAXATION; SAID BONDS TO BE ON A PARITY WITH THE OUTSTAND- ING REVENUE BONDS OF SAID CITY PAYABLE FROM THE NET REVENUES DERIVED FROM THE OPERATION OF SAID WATERWORKS AND SANITARY SEWER SYSTEM; PROVIDED, IF THE CITY COUNCIL IS AUTHORIZED TO ISSUE THE BONDS DESCRIBED IN THIS PROPOSITION AND ALSO THE BONDS DESCRIBED IN PROPOSITION NO. TWO, THEN SAID CITY COUNCIL MAY COMBINE SUCH AUTHOR- IZED BONDS INTO ONE ISSUE? (The probable period of useful- ness of the improvements for which the bond proceeds are tc be expended is 40 years.) PROPOSITION NO. TWO SHALL THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS, BE AUTHORIZED TO ISSUE THE REVENUE BONDS OF SAID CITY IN THE AMOUNT OF $476,000, MATURING SERIALLY WITHIN 30 YEARS FROM THEIR DATE OR DATES, BEARING INTEREST AT A RATE NOT TO EXCEED 5% PER ANNUM, FOR THE PURPOSE OF EXTENDING AND IM- PROVING THE CITY'S EXISTING SANITARY SEWER SYSTEM; SAID • BONDS TO BE ISSUED IN ACCORDANCE WITH AND SECURED IN THE MANNER PROVIDED IN ARTICLES 1111 TO 1118, BOTH INCLUSIVE, VERNON'S TEXAS CIVIL STATUTES, 1925, AS AMENDED; AND TO SECURE THE PAYMENT OF THE INTEREST ON SAID BONDS,AS IT ACCRUES AND THE PRINCIPAL OF SAID BONDS AS IT MATURES BY PLEDGING THE NET REVENUES FROM THE OPERATION OF THE CITY'S WATERWORKS AND SANITARY SEWER SYSTEM; EACH BOND TO BE CONDITIONED THAT THE HOLDER THEREOF SHALL NEVER HAVE THE RIGHT TO DEMAND PAYMENT OF SAID OBLIGATION OUT OF ANY FUNDS RAISED OR TO BE RAISED BY TAXATION; SAID BONDS TO BE ON A PARITY WITH THE OUTSTANDING REVENUE BONDS OF SAID CITY PAYABLE FROM THE NET REVENUES DERIVED FROM THE OPERATION OF SAID WATERWORKS AND SANITARY SEWER SYSTEM; PROVIDED, IF THE CITY COUNCIL IS AUTHOR- IZED TO ISSUE THE BONDS DESCRIBED IN THIS PROPOSITION AND ALSO THE BONDS DESCRIBED IN PROPOSITION NO. ONE, THEN SAID CITY COUNCIL MAY COMBINE SUCH AUTHORIZED BONDS INTO ONE ISSUE? (The probable period of usefulness of the ® improvements for which the bond proceeds are to be expended is 40 years.) -4- PROPOSITION NO:. THREE SHALL THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS, BE AUTHORIZED TO ISSUE THE TAX BONDS OF SAID CITY IN THE AMOUNT OF $151,000, MATURING SERIALLY WITHIN 30 YEARS FROM THEIR DATE OR DATES, BEARING INTEREST AT A RATE NOT TO EXCEED 5% PER ANNUM, FOR THE PURPOSE OF PURCHASING AND /OR IMPROVING LANDS FOR PARK PURPOSES, AND TO LEVY AN ANNUAL TAX ON ALL TAXABLE PROPERTY WITHIN SAID CITY SUFFICIENT TO PAY THE INTEREST ON SAID BONDS AS IT ACCRUES AND TO CREATE AND PROVIDE A SINKING FUND TO PAY THE PRINCIPAL OF SAID BONDS AS IT MATURES? (The probable period of usefulness of the improvements for which the bond proceeds are to be expended is 40 years.) PROPOSITION NO. FOUR SHALL THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS, BE AUTHORIZED TO ISSUE THE TAX BONDS OF SAID CITY IN THE AMOUNT OF $388,000, MATURING SERIALLY WITHIN S 30 YEARS FROM THEIR DATE OR DATES, BEARING INTEREST AT A RATE -NOT TO EXCEED 5% PER ANNUM, FOR THE PURPOSE OF CONSTRUCTING AND EQUIPPING A MUNICIPAL BUILDING, TO -WIT: A CITY HALL, INCLUDING THE PURCHASE OF THE NECESSARY SITE THEREFOR, AND TO LEVY AN ANNUAL TAX ON ALL TAXABLE PROPERTY WITHIN SAID CITY SUFFICIENT TO PAY THE INTEREST ON SAID BONDS AS IT ACCRUES AND TO CREATE AND PROVIDE A SINKING FUND TO PAY THE PRINCIPAL OF SAID BONDS AS IT MATURES? (The probable period of usefulness of the improvements for which the bond proceeds are to be expended is 40 years.) PROPOSITION N0, FIVE SHALL THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS, BE AUTHORIZED TO ISSUE THE TAX BONDS OF SAID CITY IN THE AMOUNT OF $130,000, MATURING SERIALLY WITHIN 30 YEARS FROM THEIR DATE OR DATES, BEARING INTEREST AT A RATE NOT TO EXCEED 5% PER ANNUM, FOR THE PURPOSE OF CONSTRUCTING AND EQUIPPING MUNICIPAL BUILDINGS, TO -WIT: FIRE STATION BUILDINGS, INCLUDING THE PURCHASE OF THE NECESSARY SITES THEREFOR, AND TO LEVY AN ANNUAL TAX ON ALL TAXABLE PROPERTY WITHIN SAID CITY SUFFICIENT TO PAY THE INTEREST ON SAID BONDS AS IT ACCRUES AND TO CREATE AND PROVIDE A SINKING FUND TO PAY THE PRINCIPAL OF SAID BONDS AS IT MATURES? (The probable period of usefulness of the improvements for which the bond proceeds are to be expended is 40 years.) PROPOSITION NO. SIX SHALL THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS, BE AUTHORIZED TO ISSUE THE TAX BONDS OF SAID CITY IN THE AMOUNT OF $50,000, MATURING SERIALLY WITHIN 30 YEARS FROM THEIR DATE OR DATES, BEARING INTEREST AT A RATE NOT TO EXCEED 5% PER ANNUM, FOR THE PURPOSE OF CONSTRUCTING AND EQUIPPING A MUNICIPAL BUILDING, TO -WIT: A CITY HEALTH CENTER BUILDING, INCLUDING THE PURCHASE OF THE NECESSARY SITE.THEREFOR, AND TO LEVY AN ANNUAL TAX ON ALL TAXABLE PROPERTY WITHIN SAID CITY SUFFICIENT TO PAY THE INTEREST ON SAID BONDS AS IT ACCRUES AND TO CREATE AND PROVIDE A SINKING FUND TO PAY THE PRINCIPAL OF SAID BONDS AS IT MATURES? (The probable period of usefulness of the im- ,provements for which the bond proceeds are to be expended is 40 years.) -5- PROPOSITION NO. SEVEN • SHALL THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS, BE AUTHORIZED TO ISSUE THE TAX BONDS OF SAID CITY IN THE AMOUNT OF $145,000, MATURING SERIALLY WITHIN 30 YEARS FROM THEIR DATE OR DATES, BEARING,INTEREST AT A RATE NOT TO EXCEED 5% PER ANNUM, FOR THE PURPOSE OF CONSTRUCTING AND EQUIPPING A MUNICIPAL BUILDING, TO -WIT: A POLICE STATION BUILDING (IN- CLUDING JAIL AND CORPORATION COURT FACILITIES), INCLUDING THE PURCHASE OF THE NECESSARY SITE THEREFOR, AND TO LEVY AN ANNUAL TAX ON ALL TAXABLE PROPERTY WITHIN SAID CITY SUFFICIENT TO PAY THE INTEREST ON SAID BONDS AS IT ACCRUES AND TO CREATE AND PROVIDE A SINKING FUND TO PAY THE PRIN- CIPAL OF SAID BONDS AS IT MATURES? (The probable period of usefulness of the improvements for which the bond= proceeds are to be expended is 40 years.) PROPOSITION NO. EIGHT SHALL THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS, BE i AUTHORIZED TO ISSUE THE TAX BONDS OF SAID CITY IN THE AMOUNT OF $1,396,000, MATURING SERIALLY WITHIN 30 YEARS FROM THEIR DATE OR DATES, BEARING INTEREST AT A RATE NOT TO EXCEED 5% PER ANNUM, FOR THE PURPOSE OF CONSTRUCTING PERMANENT STREET IMPROVEMENTS IN AND FOR SAID CITY, AND TO LEVY AN ANNUAL TAX ON ALL TAXABLE PROPERTY WITHIN SAID CITY SUFFICIENT TO PAY THE INTEREST ON SAID BONDS AS IT ACCRUES AND TO CREATE AND PROVIDE A SINKING FUND TO PAY THE PRINCIPAL OF SAID BONDS AS IT MATURES? (The probable period of usefulness of the improvements -for which the bond proceeds are to be expended is 40 years.) PROPOSITION NO. NINE SHALL THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS, BE AUTHORIZED TO ISSUE THE TAX BONDS OF SAID CITY IN THE AMOUNT OF $300,000, MATURING SERIALLY WITHIN 30 YEARS FROM THEIR DATE OR DATES, BEARING INTEREST AT A RATE NOT TO • EXCEED 5% PER ANNUM, FOR THE PURPOSE OF CONSTRUCTING PER- MANENT DRAINAGE IMPROVEMENTS IN AND FOR SAID CITY, AND TO LEVY AN ANNUAL TAX ON ALL TAXABLE PROPERTY WITHIN SAID CITY SUFFICIENT TO PAY THE INTEREST ON SAID BONDS AS IT ACCRUES AND TO CREATE AND PROVIDE A SINKING FUND TO PAY THE PRIN- CIPAL OF SAID BONDS AS IT MATURES? (The probable period of usefulness of the improvements for which the bond proceeds are to be expended is 40 years.) PROPOSITION NO. TEN SHALL THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS, BE AUTHORIZED TO ISSUE THE TAX BONDS OF SAID CITY IN THE AMOUNT OF $40,000, MATURING SERIALLY WITHIN 30 YEARS FROM THEIR DATE OR DATES, BEARING INTEREST AT A RATE NOT TO EXCEED 5% PER ANNUM, FOR THE PURPOSE OF CONSTRUCTING AND EQUIPPING A MUNICIPAL BUILDING, TO --WIT: A CITY LIBRARY BUILDING, INCLUDING THE PURCHASE OF THE NECESSARY SITE THEREFOR, AND TO LEVY AN ANNUAL TAX ON ALL TAXABLE PROPERTY WITHIN SAID CITY SUFFICIENT TO PAY THE INTEREST ON SAID BONDS AS IT ACCRUES AND TO CREATE AND PROVIDE A SINKING FUND TO PAY THE PRINCIPAL OF SAID BONDS AS IT MATURES? (The probable period of usefulness of the improvements for which the bond proceeds are to be expended is 40 years.) M • L� • Section 2: That said election shall be conducted and held in the several election precincts of the City of Baytown, heretofore established, and at the respective polling places hereinafter stated, and the following named persons are hereby appointed officers to conduct said election in said election precincts, respectively, to -wit: Prec. No. Polling Place Election Officers 99 Thad Felton Automobile Jack G, Hester, Presiding Judge Agency J. F. Rhodes, Assistant Judge Mrs. J. E. Rhodes, Clerk 100 Wilkenfeld's H. T. Hulme, Presiding Judge Furniture Company C. M. Gartman, Assistant Judge Mrs. J. B. Orton, Clerk 101 Firemen's Recreation C. H. Olive, Presiding Judge Hall Mrs. E. E. Slagle, Assistant Judge Mrs. A. M. Pelly, Clerk 102 Community House No. 2 Nami Katribe, Presiding Judge Mrs. L. B. Guynes, Assistant Judge Mrs. Nami Katribe, Clerk 149 San Jacinto Elementary John P. Henderson, Presiding Judge School Building Mrs. J. T. Hinton, Assistant Judge Ernest Miller, Clerk 248 Carver School Building Woodrow W. Lewis, Presiding Judge Mrs. C. D. Reed, Assistant Judge Virgie Lee Deveaux, Clerk 249 Alamo Elementary School Wayne McClurg, Presiding Judge Building Mrs. Ida Herring, Assistant Judge Mrs. C. F. Griffin, Jr., Clerk Section 3: That said election shall be held in accordance with the Constitution and laws of the State of Texas and the Home - Rule Charter of said City, and only duly qualified resident elec- tors of said City who own taxable property within said City and who have duly rendered the same for taxation shall be qualified to vote. IPA Section 4: That the ballots of said election shall con- form to the requirements of the Election Code of the State of Texas, Chapter 492, Acts of the 52nd Legislature of Texas, 1951, as amended, and shall have printed thereon the following: OFFICIAL BALLOT PROPOSITION NO. ONE FOR AGAINST THE ISSUANCE OF $524,000 WATERWORKS SYSTEM REVENUE BONDS PROPOSITION NO. TWO • FOR AGAINST THE ISSUANCE OF $476,000 SANITARY SEIER SYSTEM REVENUE BONDS PROPOSITION NO. THREE FOR AGAINST THE ISSUANCE OF $151,000 PARK IMPROVEMENT BONDS PROPOSITION NO. FOUR FOR ' AGAINST THE ISSUANCE OF $388,000 CITY HALL BUILDING BONDS PROPOSITION NO. FIVE • FOR AGAINST THE ISSUANCE OF $130,000 FIRE STATION BUILDINGS BONDS PROPOSITION NO. SIX � 0 FOR AGAINST THE ISSUANCE OF $50,000 CITY HEALTH CENTER BUILDING BONDS PROPOSITION NO. SEVEN FOR AGAINST THE ISSUANCE OF $145,000 POLICE STATION BUILDING BONDS -8- PROPOSITION NO. EIGHT • FOR AGAINST THE ISSUANCE OF $1,396,000 STREETIMPROVEMENTS BONDS PROPOSITION NO. NINE_ FOR AGAINST THE ISSUANCE OF $300,000 DRAINAGE IMPROVEMENTS BONDS PROPOSITION NO. TEN FOR AGAINST THE ISSUANCE OF $40,000 CITY LIBRARY BUILDING BONDS Voting on said propositions shall be by voting machines. As to each proposition, each voter desiring to vote in favor of the proposition shall pull the voting pointer down indicating "For" such proposition, and each voter desiring to vote against such proposition shall pull the voting pointer down indicating "Against" such proposition. As to absentee voting, however, paper ballots shall be used, and absentee votes shall be cast at the Office of the City Clerk in the City Hall. Said paper ballots shall have printed thereon the following: OFFICIAL BALLOT PROPOSITION NO. ONE FOR THE ISSUANCE OF $524,000 WATERWORKS SYSTEM REVENUE BONDS AGAINST THE ISSUANCE OF $52+,000 YJATERWORKS SYSTEM REVENUE BONDS PROPOSITION NO. TWO FOR THE ISSUANCE OF $476,000 SANITARY SEWER SYSTEM REVENUE BONDS AGAINST THE ISSUANCE OF $476,000 SANITARY SEWER SYSTEM REVENUE BONDS PROPOSITION NO. THREE FOR THE ISSUANCE OF $151,000 PARK IMPROVEMENT BONDS AGAINST THE ISSUANCE OF $151,000 PARK IMPROVEMENT BONDS -9- PROPOSITION NO. FOUR i • FOR THE ISSUANCE OF $388,000 CITY HALL BONDS AGAINST THE ISSUANCE OF $388,000 CITY HALL BONDS PROPOSITION N0, FIVE FOR THE ISSUANCE OF $130,000 FIRE STATION BUILDINGS BONDS AGAINST THE ISSUANCE OF $130,000 FIRE STATION BUILDINGS BONDS PROPOSITION NO. SIX FOR THE ISSUANCE OF $50,000 CITY HEALTH CENTER BUILDING BONDS AGAINST THE ISSUANCE OF $50,000 CITY HEALTH CENTER BUILDING BONDS PROPOSITION N0. SEVEN • FOR THE ISSUANCE OF $145,000 POLICE STATION BUILDING BONDS AGAINST THE ISSUANCE OF $145,000 POLICE STATION BUILDING BONDS PROPOSITION NO. EIGHT FOR THE ISSUANCE OF $1,396,000 STREET If4PROVEMENTS BONDS AGAINST THE ISSUANCE OF $1,396,000 STREET IMPROVEMENTS BONDS PROPOSITION NO. NINE FOR THE ISSUANCE OF $300,000 DRAINAGE IMPROVEMENT BONDS AGAINST THE ISSUANCE OF $300,000 DRAINAGE IMPROVEMENT BONDS PROPOSITION NO. TEN S FOR THE ISSUANCE OF $40,000 CITY LIBRARY BUILDING BONDS AGAINST THE ISSUANCE OF $40,000 CITY LIBRARY BUILDING BONDS As to each proposition, the absentee voter shall vote on the proposition by scratching or marking out the expression that he does not wish to vote for, thus leaving the one not so scratched or marked out as indicating his vote on such pro- position, in accordance with said Election Code, as amended. Section 5: That notice of said election shall be given by posting a copy of a notice containing a substantial copy of • this ordinance at the City Hall and at a public place in each of the City election precincts within said City not less than -10- fourteen (14) days prior to the date upon which said election • is to be held, and by publication of said notice in The Baytown Sun, a newspaper published in, and of general circulation within, said City of Baytown, the first of said publications to be made not later than fourteen (14) days prior to the date set for said election. Section 6: (A) If the revenue bonds covered by Proposition No. One (extending and improving the City's existing waterworks system) are favored by a majority vote of the electors voting at said election, the proceeds of sale • of said bonds, so far as such proceeds are available, will be used for the following purposes: Acquisition and installation of adequate altitude water control valves; Acquisition of land to be used as water well sites and water storage tank sites; Acquisition and installation of two water storage tanks, each of approximately 500,000 gallons capacity; Acquisition and installation of water distribution lines from City water storage tanks and water wells; and Construction of Water Department Office Building; provided that any bond proceeds remaining after the accomplish- ment of the above may be used for any lawful extensions of and improvements to said waterworks system. (B) If the revenue bonds covered by Proposition No. Two (extending and improving the City's existing sanitary sewer system) are favored by a majority vote of the electors sale of voting at said election, the proceeds of/said bonds, so far` as such proceeds are available, will be used for the following purposes: Acquisition and installation of sanitary sewer • collection lines in_the following areas within said City: -11- • • (1) Morrell Park Subdivision -Main Street- Pruett Street area; (2) Bob Smith Road area;. (3) State Highway 146 -Davis Road- Cedar Bayou Road area; (4) Ward Road - Kilgore Road area; (5) East.Pearce- South Main Street -4th Street area; and (6) Busch Terrace Subdivision area; Elimination of Durain Ferry Lift Station and extension of sanitary sewer collection lines to the West Main Street Sewage Disposal Plant; Extension of sewer collection lines from Glen Arbor • Subdivision to the sewage interception line at the Morrell Park Sewage Disposal Plant; and Elimination of Kilgore Road Life Station and extension of sanitary sewer collection lines to the East James Street Sewage Disposal Plant; provided that any bond proceeds remaining after the accomplish- ment of the above may be used for any lawful extensions of and improvements to said sanitary sewer system.! (C) If the bonds covered by Proposition No. Three (park bonds) are favored by a majority vote of the electors voting at said election, the proceeds of sale of said bonds will be • used for the purpose of purchasing and /or improving lands for park purposes. (D) If the bonds covered by Proposition No. Four (City Hall bonds) are favored by a majority vote of the electors voting at said election, the proceeds of sale of said bonds will be used for the purpose of constructing and equipping a City Hall, including the purchase of the necessary site therefor. (E) If the bonds covered by Proposition No. Five (fire station buildings) are favored by a majority vote of the electors voting at said election, the proceeds of sale of said -12- � 0 • bonds will be used for the purpose of constructing and equipping (including the purchase of the necessary sites therefor): (1) A new fire station building in lieu of Fire Station No. 1 on South Main Street; (2) A new fire station building in lieu of Fire Station No. 3 on Nazro Street; and (3) A new fire station building in the North Main Street area. (F) If the bonds covered by Proposition No. Six (City health center building) are favored by a majority vote of the electors voting at said election, the proceeds of sale of said bonds will be used for the purpose of constructing and equipping a City health center building, including the purchase of the necessary site therefor. (G) If the bonds covered by Proposition No. Seven (police station building) are favored by a majority vote of the electors voting at said election, the proceeds of sale will be used for the purpose of constructing and equipping a police station building (including jail and corporation court facilities), including the purchase of the necessary site therefor. (H) If the bonds covered by Proposition No. Eight (street improvements) are favored by a majority vote of the elec- tors voting at said election, the proceeds of sale of said bonds will be used for the purpose of constructing permanent street improvements in and for said City. (I) If the bonds covered by Proposition No. Nine (drainage improvements) are favored by a majority vote of the electors voting at said election, the proceeds of sale, so far as such proceeds are available, will be used for the purpose of constructing the following permanent drainage improvements in and for said City. -13- A • In the First Street -Jack Street -DeFee Street area, improvements and additions to connect with existing drainage improvements (said existing improvements being commonly called the Martin Ditch); In the South Main Street -State Highway 146 area, improvements of and additions to existing drainage Improvements (said existing improvements being commonly called the Jail Ditch); In the Schilling Street area, improvements of and additions to existing drainage improvements (said existing improvements being commonly called the Schilling Street Ditch); In the Danubina Street area, improvements of and additons to existing drainage improvements (said • existing improvements being commonly called the Danubina Street Drainage System); In the Illinois Street - Michigan Street area, im- provements of and additions to existing drainage improvements; and In the Pruett Street - -Homan Street -Park Street area, improvements of and additons to existing drainage improvements; provided that any bond proceeds remaining after the accomp- lishment of the above may be used for the purpose of construct- ing any lawful permanent drainage improvements in and for said City. • (J) If the bonds covered by Proposition No. Ten LF is (City Library Building) are favored by a majority vote of the electors voting at said election, the proceeds of sale of said bonds will be used for the purpose of constructing and equipping a City Library Building, including the purchase of the necessary site therefor. -14- • Section 7: That if said propositions are approved by a 10 majority vote of the electors voting at said election, the same will constitute an approval of this ordinance and of the authority of the City Council to issue said bonds; that if a certain proposi- tion or propositions are so approved and another proposition or propositions fail to receive a majority vote, the same will consti- tute an approval of this ordinance insofar as the favored bonds are concerned and of the authority of the City Council to issue said favored bonds, and a rejection of the provisions of this ordinance insofar as the disfavored bonds are concerned and of the authority jection of this ordinance in its entirety and of the authority of the City Council to issue said bonds. Section 8: That the issuance of said bonds is hereby author- ized, subject to the approval by a majority vote of the resident qualified property taxpaying voters who own taxable property in said City and who have duly rendered the same for taxation, voting at said election, as hereinabove provided for; and, subject to said approval, while said tax bonds or any part of the principal thereof • or interest thereon remain outstanding and unpaid, there is hereby levied for each issue and there shall be annually assessed and col- lected, in due time, form, and manner, and at the same time other City taxes are assessed, levied, and collected, in each year, begin- ning with the current year, a continuing direct annual ad valorem tax upon all taxable property within said City sufficient to pay the current interest thereon and to create and provide a sinking fund of not less than 2% of the principal amount of each issue of bonds then outstanding or of not less than the amount required to ipay the principal payable out of said tax, whichever is greater, full allowance being made for delinquencies and costs of collection; and that, as to the bonds so approved at said -15- of the City Council to issue the same; and, that if all propositions fail to receive said majority vote, the same will constitute a re- jection of this ordinance in its entirety and of the authority of the City Council to issue said bonds. Section 8: That the issuance of said bonds is hereby author- ized, subject to the approval by a majority vote of the resident qualified property taxpaying voters who own taxable property in said City and who have duly rendered the same for taxation, voting at said election, as hereinabove provided for; and, subject to said approval, while said tax bonds or any part of the principal thereof • or interest thereon remain outstanding and unpaid, there is hereby levied for each issue and there shall be annually assessed and col- lected, in due time, form, and manner, and at the same time other City taxes are assessed, levied, and collected, in each year, begin- ning with the current year, a continuing direct annual ad valorem tax upon all taxable property within said City sufficient to pay the current interest thereon and to create and provide a sinking fund of not less than 2% of the principal amount of each issue of bonds then outstanding or of not less than the amount required to ipay the principal payable out of said tax, whichever is greater, full allowance being made for delinquencies and costs of collection; and that, as to the bonds so approved at said -15- r • election, the details governing their issuance shall be fixed and specified by ordinances duly adopted by the City Council subsequent to the holding of said [7 election. Section 9: That this ordinance shall take effect and be in full force from and after its adoption. PASSED AND APPROVED, this the 10th day of October, 1957. Mayor, City of Baytown, Texas City Clerk, City of Baytown, Texas (SEAL) -16- M