1260 ORD PROVIDING FOR ISSUANCE OF COP WATERWORKS AND SEWER IMPROVEMENT AND EXTENSION REVENUE BONDS SERIES 1952Ah
zr W
F L--
oxDINarrCE Noo 1260
ANIEIL'DING AN ORDINANCE
ENTITLED
"ORDIPuANCE NO • 1259 BY '1'HE CITY COUNCIL 0F THE CITY OF
PARIS, TEXAS, PNOVTDING FOR THE ISSUAPJCE OF CITY OF
PARIS, T.EXAS, WATERWORKS AND SEWER IAFjPROV~.r1~lENT AND EX-
TENSIUN REVENUE BONDS, SEPIES 1952,, IN THE ACYGREGATE
AMOUNT OF ~550,000,00, HEARING INTEREST AT T?-IE RATES
F-EREIn'AFTER SET FORTH; TQ SECURE FUNDS FOR TF-E PUR°OSE
OF IMI}ROVIIvG AND EXTENDING THE CITY'S WATERWORKS AI~'D
SEWER SYSTEIvI- PRESCRIBING TI-C FORNI OF DOND; PI,EDGING
THE REVENUES UF T HE CITYt S'rdATERWORiiS AND SEWER SYSTIIVi
TO THE F'AY1,01T OF TIE ?'RINCIPAL AND INI'EREST OF SAID
BONPS; PROVTDRTG FOR TfIE E~.':ENSE 0F OPERATING SAID
SYSTEM; MAKING CERTAIIV COVF;NA1VTS OF THE CITY IN RF,FER-
EA1CE TO THE BOIITDS AND THE BOT<D FUND rRUM WHICH SAID
PRINCIPAL A:ID I1'UEREST ILRE TO HE 1 AID; FROVIDING THAT
iN.E HOLDER OR HOLLEIZS OF SAI DBONDS SHALL NEVER HAVE
TIiE RIGHT TU L'EN~APM PAYTi.r~NT OF SAID OBLIGATIOIVS OU7' OF
ANY FtJNDS RAISED Ort TG I-E RAISED BY TAXATION, AND RE-
PEALI"dC AlZ OFiDINANCES IN CONFLICT I21RhWI'THo"
1r;rEREAS, heretofore on the 13th day of Decenber, 1951,
the City Council of the City of Paris, Texas, passed an ordinance authoriz-
ing the issuance of Five Hu:iared Fifty Thousand ($55e,000.00) Dollars, City
of Faris, Texa,s, Waterworks and Sewer Improvement and Extension Revenue
Bonds, Series 1952, cUted Januaxy 1, 1952, bearirg interest at the rates as
follows:
} Bonds Nos. 1 to 345, both incl., 2-3/4% per annum;
,a Bonds Nos, 346 to 5501 „ " 3% per annum,
numbered One (1) to Five Hundred Fifty (550), both inclusive, of the denomi-
na.tion of One Thousand (~1,000.00) Dollars each, and maturing seria.lly through-
out the years 1952 to 1972, both inclusive, which urdinance is duly of record
in the minutes of the City Council; and
WHEREr1S, it is necessaxy to amend said original ordinance;
BE IT ORDAINED BY TIE CTTY (70UNCIL OF THI; CITX OF PARIS:
1, That Section 2 of said original ordinance be amended
so as hereafter ta be and read as fcllows:
112. That said bonds shall be dated Jani::a.ry 1, 1952, and
shallbear ir_terest at the ra+,e of Two and three-fourths (2-3/4%) per
cert per annwn, payable July 1, 1952, and semi-annually thereafter on
January lst 2.nd Ja13T lst of aa.ch year; principal a.nd i-nterest of said
bonds shall be payable iri lawful money of the United States upon presen-
tation and surrender of bond or proper coupon at tha First Nat4onal
Bank in Dalla.s, Dalla.s, Te.xas, or at the option of the holder, at the
a Aak
i
SZ£E CiF SPECZAL MMING
T HE STATE OF TEM
COUNTY (F LAHAR
CTTY aF PARSS
s
I
t
TCl = Mt~SERS dF 2IE CI`rX COUATCIL QF THE CtTY t7F PARISs
TLXASt
Notioe 3a horoby g3.van that a Spesda3. Heet:ixg pP the City
Cau,nczil ot the Ci.ty oP Parie, Tmom will be hold at the
. xitb,3.n aaid City, at Zt,V,c' oloask,, ,P. H., on the
',~,k' day ot' Jamuary*, 1952* for the pourpose c►t amending ardinanaa No. 1259
sott3ng :Lrrtersst rate$ vu the 4550s000.07 City eaf Paris, Texas Waterworke
and Sswer :Cmprorwsnt and &itenasic,n Revmua &rndsjSeriea,, 1952s and
trazaoatst3rag aW other bur3.nese that msry pra►per3y aame leP4xe the City
Caunc31..
GIVEN AT TFS USQtlEST QF THE Maayoar th9Ya the k,thdsy
of Januaxy, 1952•
jf1 ~ /t ty 3.ty Qt arir, Teaas.
( SFAI,)
Wa, the wnders3.gnerd, ambers af the Gity Comail and
the Mayor at tlao City oi Parie, Terama,q hereby aaceprt serviae of the foreguing
notica, malvimg euW and a7.1 irregularitiee in ouah sexv3.cet ar+d canesnt and
agtee that traid me►etitig stall be at the tfme and placa therairi nmed and Yor
the Purpose therein stated. :
~r«
_ ~ ~ ~ ~
~ ~ w.
~
~~~~PARIS
I
I
u
TC► ~ HIAM#tS tF "tt'W c;lTY GOONCI.L OF THE CYTY OF. P.A.iUS,
Notia► i+s hareby Avoa thi►~ a Sper" Mooting at tlarrr City
; Counc:il of the City arf ParJ.s,, Tosarr wi,ll tao hold at the
xithian saS.d City, at ,..,7,s.32,,ot doolcs ..P,.~,.. K. * on the
dy or dmilmas", 1952s for tbGS puspp~ of swerAing Ordinanoe 1tiio. 2239
7m
s+N►ttiug intotneaL wates onn► tho 4550,9000•00 City af Paxia+, Taxes Watorw►rks
wd Sowr Improvonest and A)&,00e10n Revmwr Bonde, 3orios, 195r and
tranea+oting atW c►ther bur3=" that UW Ar"047 ame beforr 1h+r Gity
C+aue~+o3~..
GI AT TF#S REQ""' THE lPm►ya►ar this the hU day
_ oS Jenaryp 1952.
City Clark# itgr o
(SFAL)
m 12 Btv . E
w., the umlor.igned, ambe~ the Cs+~ ~on and
the Ma►yor or ~ City of Paris, T.ma, rw r.rby aaoept sorvUw Qf the tor.ving
rot3as, wdving atW md all irrsVaar~ties in maa serxice oW parmat amdt
agr" that tr" moe~ing sba31, bo at the time and pUco themin nao+ad and far
ths purposo tharein statel.
. 6 i
Ah
*410~ Aug" AWIT...
OF ~SAA3
. ~ Y CW LAMAR
wt:TY OF I"AltIS
. T ;r~
~
~
~
a
To ScE , :t~ Of TW ZTT 00;~~~ TIM 01TY X ~khlS,
uotioo im horeby givon thi►t a Sps" Xm*UW er! ~he 43t,v
wW 34mor :~~mvw~ ~4 Axt4wslm Harom Bond*, S1►rieol 1952r tnd
,
tronssAlr,g &W othe~ buslamw th" mw pwarly *ma beforo tha Gity
counouo
arE" Jamfyg 1952.
~I V's~i A~ ~IL, tOil' TW 144yor thia the AIL 49W
ep
~o the A1wiw*tsml~~ owbors t1►f thM City Coundl and
:
Ab _ .dh~ AOL
NOTICE: OF SPECIAL MI:.ETI1.tiG
T HE STATE OF TEXAS •
COUNTY OF IAMAR :
CITY OF PARIS ~
TEY.AS :
TO 'IHE 1~04BERS OF THE CITv COUNCIL OF THE CITY OF PARIS,
Notice is hereby given that a Special rieeting of the City
Council of the City of Paris, Texas, w'-li be izeld at the Citv i-ia11
, within said City, at 7:30 0' clock, P. Ai,, on the
t~h day of ~anuary, 1952, for the purpose of amendir.g Ordinance No. 1259
setting interest rates on the ~550,000•00 City of Paris, Texas Waterworks
and Sewer Iu►provement and Extension Revenue Bonds, Series, 1952, and
transactir.g any otr.er business that may properly come before the City
Council.
of January, 1952•
GIVII'? AT THE FSQtTES: OF TITME Mayor this the /+th day
City Clerk., City of Parisp Texas.
(SEAL)
CONSEIUT TO MEETING
We, the undersigned, members of the City Council and
the Yayor of the City of Paris, Texas, hereby accept service of the foregoing
notice, waiving any and all irregula:ities in such service and consent and
agree that said meeting shall be at the ti:.e and place therein named and for
~
~
r'1c.yOZ' •
t,he purpose therein stated.