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HomeMy WebLinkAboutOrdinance No. 51 ORDINANCE N0,51 AN ORDINANCE OF THE CITY OF FRIENDSWOOD, TEXAS ABSORBING THE GALVESTON COUNTY WATER CONTROL AND IMPROVEMENT DISTRICT N0,15 AS SET FORTH IN ARTICLE 1182e.V,T,C,S, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FRIENDSWOOD, TEXAS DULY ASSEMBLIED: SECTION ONE That all outstanding legal indebtness and all outstanding bonds and interest unpaid thereon, shall be assumed and paid by thq said city, such outstanding indebtness and all such outstanding bonds and interest unpaid thereon and hereby declared to be the legal indebtness of Friendswood, Texas, and for the payment thereof said city is authorized to levy taxes upon all taxable property therein, that this ordinance shall not operate to abolish or impair any 6f, the contractual rights of the holders of said bonds or other evidences of indebtness issued or incurred by the Galveston County Water Control and Improvement District No, 15. SECTION TWO That all property and assets of the Galveston County Water Control and Improvement District No. 15 shall become the property of thel City of Friendswood, Texas. That all prescribed Rules, Rates and Regulations as set forth by the Galveston County Water Control and Improvement District No. 15 shall continue in effect. SECTION THREE If any clause, phrase, sentence, paragraph, section or provision of this ordinance or the application thereof to any particular person or thing, is held invalid , such invalidity shall not affect the remainder of this ordinance or the application thereof to any other person or thing. PASSED AND APPROVED,first reading the 5th day of October, 1964,A'D, -PASSED AND APPROVED,second reading the 19th day of October,1964,A,D, _ = PAS-'Eb- AND APPROVED,third and final reading the 2nd day of November, 1964,A,D, ! RT EST: I W0 HARRY D. WAGNER _ MAYOR ARTHA WRIGHT CITY SECRETARY ORDINANCE NO. 51 AN ORDINANCE OF THE CITY OF FRIENDSWOOD, TEXAS ABSORBING THE GALVESTON COUNTY 'WATER CONTROL AND IMPROVEMENT DISTRICT NO.15 AS SET FORTH IN ARTICLE 1182c V.T.C.S. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FRIENDSWOOD, TEXAS DULY ASSEMBLIED: SECTION ONE That all outstanding legal indebtedness and all outstanding bonds and interest unpaid thereon, shall. be assumed andpaid by said city, such outstanding indebtedness and all such outstanding bonds and interest .. unpaid thereon are hereby declared to be the al indebtness of Friendswood, -texas and for the payment thereof said city is authorized to levy taxes upon all taxable property there n, that this Ordinance shall not operate to abolish or impair any of the contractual rights of the holders of said bonds or other evidences of indebtedness issued or incurred by the Galveston County Water Control and Improve- ment District No.15. SECTION TWO That all properties and assets of the Galveston County Water Control and Improvement District No.15 shall become the property of the City of Friendswood, Texas. That all the prescribed Rules, Rates and Regulations as set forth by the Galveston County Water Control and Improvement District No.15 shall continue in effect. SECTION THREE If any clause, phrase, sentence, paragraph, section or provision of this Ordinance or the application thereof to any particular person or thing, is held to be invalid, such invalidity shall not affect the remainder of this Ordinance or the application thereof to any otlier person or thing. i PASSED and APPROVED, first reading the 5 day of October, 1964, A.D. I PASSED and APPROVED, second reading the 19 .day of October, 1964, -A.D. PASSED and APPROVED, third and final reading the day;Z"-of kre- 1964, A.D. 4_ x� � ATTEST: Harry D. Wagner - Mayor Artha Wright - City Secretary c ✓�-C� �°��� ��—'"""� /tom <Lt-Cc-�� � � ".��`—