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<br />,
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<br />'Ii
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<br />AND WHEREAS, tneCity Council has duly ascertained ,and deter-
<br />mined that said claims were incurred in the construction of street
<br />improvements in the City of San Marcos as contemplated and author-
<br />ized by ,the aforesaid ordinance of April 20,1955; and,
<br />\mEREAS, said claims have bee,n duly audited and have been
<br />found and determined to be valid and unpaid claims against said
<br />City of San Marcos; arid
<br />WHEREAS, said claims in the aggregate amount of $5,133.19
<br />have been duly and legally transferred and assigned to the FIRST
<br />NATIONAL BANK, SAN MARCOS, TEXAS; and,
<br />\o/HEREA:S, ,it was provided in said ordinance above referred
<br />to that said warrants above described should be executed, issued
<br />and delivered in payment of cla.ims duly approved, audited and
<br />allowed by the City Council; and
<br />WHEREAS, the City ,Council desires to a.pprove and al.low said
<br />claims and to authorize the delivery of CITY OF SAN MARCQSSTREET
<br />IMPROVEMENT WARRANTS, SERIES OF 1955, to evidence said indebted-
<br />
<br />ness;
<br />
<br />THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
<br />OF SAN MARCOS, TEXAS:
<br />
<br />I.
<br />That the claims hereinabove listed incurred in the con-
<br />struction of ,street improvements in the City of S1m, Marcos, in
<br />the total amount of $5,133.19, be and ,the same are hereby
<br />allowed and approved and declared to be the lawful indebtedness
<br />of said City; and that the assignment of said claims to the
<br />First National Bank, San Marcos, Texas, be and the same is hereby
<br />approved and accepted.
<br />
<br />II.
<br />That in accordance herewith and with the ordinance of the
<br />City Council passed April 20, 1955, there shall be executed and
<br />delivered to the First National Bank, San Marcos, Texas, "CITY
<br />OF SAN MARCOS STREET IMPROVEMENT HARRANTS, ,SERIES OF 1955,"
<br />Numbers 1 to 5, inclusive, in the denomination of $1,000 each,
<br />aggregating $5,000.00, eVidencing the indebtedness due by the
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