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<br /> <br />II <br /> <br />City thepropos1tionofthe issuance of $100,000.00 tax bonds of <br />said City for the purpose of p\,trchasingand improving lands for <br />park purposes for said City; <br /> <br />THEREFORE. BE IT RESOLVED AND ORDERED BY THE CITY COUNCIL OF <br />THE C r.r'Y OF SAN MARCOS., TEXAS: <br /> <br />SECTION 1. That anie1.ection be held in the City of San <br />Marcos. Texas. on the l~th day of September; 195~. which <br />date is not less than fifteen (15) nor more than thirty (30) <br />days from the date of the adoption of,th1s resolution and order, <br />at which election the following proposition shaUbe submitted <br />to theresident.qual1f'1edproperty taxpaying voters of said City. <br />who own taxable property in,sUd City. and who have duly rendered <br />the s~e for taxation. for their action thereupon: <br /> <br />I <br /> <br />PROPOSITION <br />SHALL the City CounclloftheCityof San MarCClS. <br />Texas. be authorized to issue the bOnds of said City <br />in the swaof $lOO,OOO.oO,payable serially not to exceed <br />thirty (30)yea.rs from their date. bearing interest at a <br />rate not to exceedfour(~) per cent per annum. and to <br />levy a tax suff:l.cientto pay the interest on said bonds <br />and create a sinking,fund sufficient to redeem tbem at <br />maturity, for the purpose of purchasing and improving <br />lands for park purposes for said C,.ty. as authorized by <br />the Constitution and Laws of the State of 'rex as? <br /> <br /> <br /> <br />I <br /> <br />SEC'1'IOJl2: 'l'hat the<yot1ng places and the officers hereby <br />appointed to hold the aforesaid election thereat are as follows. <br />to-wit: <br /> <br /> <br />