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<br />I <br /> <br />AN ORDINANCE OF THECITVtOUNCIL OFT~t <br />CITY OF-SAN MARCOS, TEXAS, MAK1NG PRO- <br />VISION FOR THE PURCHASE OF AND PAYMENT <br />FOR 1.22 ACRES ~F LAND OUT OF THE T.J. <br />CHAMBERS SURVEY IN HAYS COUNTY,TEXAS, <br />SUCH ACREAGE TO BE ADDED TO THE CITY <br />CEMETERY; PROVIDING FOR THE ISSUANCE OF <br />$10,000.00 4!%TIME WARRANTS BY SAID CITY <br />IN PAYMENT FOR SAID LAND; PROVIDING FOR <br />THE LEVY AND COLLECTION OF TAXES ON ALL <br />TAXABLE PROPERTY IN SAID CITY IN AN AMOUNT <br />SUFFICIENT TO PAY THE INTEREST ON SUCH <br />WARRANTS AND THE PR I NC I PAL THEREOF AT <br />MATURITY <br /> <br />WHEREAS, on or about the 1st day of September, 1966. the <br />City Counci I declared its intention to purchase 3.22 acres <br />of land out of *heT.J. Chambers Survey, in Hays County, Texas, <br />such acreage adjoining the present City Cemetery, and to be <br />added to said c~metery. and *0 pay for said land by the issu- <br />ance of rnterest bearing ti~e warrant~; and, <br /> <br />WHEREAS, in confor~ity with said expressed intention of the <br />City Counci I. *he Mayor of the City of SaM Marcos executed <br />and 'Caused appropr iate not i ce to be pub I i shed once a week <br />for, two 'consecutive weeks, the first publication being at <br />least fourteen days before the date set for the issuance of <br />such time warrants as required by law, which notice is set <br />forth as follows, to-wit: <br /> <br />I <br /> <br />NOTICE OF INTENT/ON TO ISSUE TIME WARRANTS <br />BY THE CITY OF SAN MARCOS <br /> <br />Notice is hereby given by the City Counci I of the <br />City of San Marcos of the intention of the City of <br />San Marcos to i ssueT/ ME WARRANTS for the purpose <br />of fi:nanc ingthe purchase of 3.22 acres of I and out <br />of *he T. J. Chambers Survey in Hays Cou nty . Texas. <br />and adjoining the present City Cemetery, such acre- <br />age to be added to said cemetery. Such warrants <br />shall be in the total princi~al sum of $10,000.00, <br />such sum to beari nterestat the rate of 4!% pe'r <br />annum and to be payable on or before five (5) years <br />from date thereof, and shal I be issued on or after <br />the 1st day of January, 1967, unless prior to said <br />date ten percent of the qualified voters of the City <br />of San Marcos, whose names appear on the last approv- <br />ed tax rolls as property taxpayers, petition the City <br />Counci I in writing to submit ~o a referendum vote the <br />question as to the issuance of said warrants for such <br />purpose. <br /> <br />I <br /> <br />CITY COUNCIL OF THE <br />CITY OF SAN MARCOS <br /> <br />A nEST; <br /> <br />By Is j EI lis Serur <br />Mayo,r <br /> <br />Isl Dorothy O. Wor~el1 <br />City Secretary <br /> <br />L- <br />