38-08 R - Canvassing Results of Election,la
ELECTION RETURNS
STATE OF TEXAS
COUNTY OF COLLIN
TOWN OF PROSPER
We, the undersigned officers, appointed to hold an election
In the Town of Prosper, Texas, on the 13th day of August, 1938, on
the following proposition:
"Shall the Board of Commissioners of the Town of Prosper,
Texas, be authorized to Issue Twelve Thousand 012,000.00) dollars,
revenue bonds of said Town, maturing serially over a period of
years not to exceed Twenty five (25), bearing interest at the rate
of four (4,%) per centum per annum, payable semi-annually, for the
purpose of purchasing a water works plant and making repairs, dx-
tensions and improvements thereto; and to provide for the payment
of principal and interest on said bonds by pledging the net revenues
from the operation of said water works system."
Do hereby certify that there were cast at said election
votes, of which there were cast:
"FOR THE ISSUANCE OF WATER WORKS REVENUE BONDS, AND THE PLEDG-
ING OF THE RE.V/ENUES OF THE WATER WORKS SYSTEM, TO THE PAT,iENT
THEREOF" ('5- votes.
"AGAINST THE ISSUANCE OF WATER WORKS REVENUE BONDS, AND THE
PLEDGING OF THE REVENUES OF THE WATER WORKS SYSTEM TO THE
PAYMENT THEREOF" votes.
MAJORITY: "For the issuance of water works revenue bonds, and the
pledging of the revenues of
of the water works system to the
payment thereof" G/-/ votes.
Enclosed herewith you will find poll lists and tally sheets
and other papers required by law.
Presiding Judge
Judge
Clerk
Clerk
14.
RESOLUTION CANVASSING RETURNS
THE STATE OF TEXAS
COUNTY OF COLLIN
TOWN OF PROSPER _
i
On this the ___day of August, 1938, the Town Commission
of the Town of Prosper, Texas, being convened in regular session, at
the regular meeting place, with the following members thereof, to -wit:
U. N. Clary
Mayor
` W. H. Field
A. E. Robison
Commissioners
C. W. Harper
Town Clerk
present, and the following absent: None, constituting a quorum,
when, among other proceedings had, were the following:
Commissioner W. H. Field introduced the resolution and moved
its adoption. The motion was seconded by Commissioner A. E. Robison.
The motion carrying with it the adoption of the resolution
_ prevailed by the following vote:
AYES: Commissioners W. H. Field and A. E. Robison and Mayor
U. N. Clary.
NOES: None
The resolution is as follows:
RESOLUTION
CANVASSING RETURNS AND DECLARING THE RESULT OF
AN ELECTION ON THE QUESTION OF THE ISSUANCE OF
$12,000.00 DOLLARS OF REVENUE BONDS FOR THE
PURPOSE OF PURCHASING A WATER WORKS PLANT, FOR
THE TOWN, AND FINANCING REPAIRS, IMPROVEMENTS
AND EXTENSIONS TO SAME, AND THE PLEDGING OF THE
REVENUES OF THE WATER SYSTEM TO THE PAYMENT THEREOF,
WHEREAS, on July 28th, 1938, the Town Commission adopted a
resolution and order calling an election to be held in the Town of
15.
(ar
Prosper, Texas, on the 13th day of August, 1938, on the following
question;
"Shall the Board of Commissioners of the Town of
Prosper, Texas, be authorized to issue Twelve
Thousand ($12,000.00) dollars, revenue bonds of
said Town, maturing serially over a period of
years not to exceed Twenty five (25), bearing in-
terest at the rate of four (4%) per centum per
annum, payable semi-annually, for the purpose of
purchasing a water works plant and making repairs,
extensions and improvements thereto; and to pro-
vide for the payment of principal and interest on
said bonds by pledging the net revenues from the
operation of said water works system";
and WHEREAS, that there were cast at said election_ % votes,
of which there were cast;
"FOR THE ISSUANCE OF WATER WORKS REVENUE BONDS, AND THE PLEDG-
ING OF THE RED/VENUES OF THE WATER WORKS SYSTEM TO THE PAYMENT
THEREOF" , 6- votes.
"AGAINST THE ISSUANCE OF WATER WORKS REVENUE BONDS, AND THE
PLEDGING OF THE REVENUES OF THE WATER WORKS SYSTEM TO THE
PAYMENT THEREOF" votes.
MAJORITY: "For the issuance of water works revenue bonds, and the
pledging of the revenues of the water works system to the
payment thereof" // i votes.
_ as is reflected in the election returns heretofore filed with the
Town Clerk.
BE IT RESOLVED BY THE TOWN COMMISSION OF THE TOWN OF PROSPER,
TEXAS:
1. That said election was duly called; that notice was given in
accordance with law and in accordance with the resolution and order
calling the election; that the election was held in accordance with
law; that due return of said election has been made by the proper of-
ficers; that said election has resulted favorably to the issuance of
said bonds; that a majority of the qualified voters who had duly ren-
dered their property for taxation voting at said election have voted
%W in favor of the issuance of said bonds.
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51
M
2. That the Town Commission be and it is hereby in all things
authorized, ordered and directed to issue said bonds and to do any
and all things necessary and/or convenient j.n connection therewith.
ADOPTED AND APPROVED this the /�� day of August, 1938.
Mayor, 'P/s dsp�, Texas.
ATTEST;
A/
Town Clerk.
THE STATE OF TEXAS
COUNTY OF COLLIN
TO'8N OF PROSPER
I, C. W. Harper, Town Clerk of the Town of Prosper,
Texas, do hereby certify that the above and foregoing is a true
and correct copy of a resolution (and of the Minutes pertaining
to its adoption) adopted at a meeting of the Town Commission held
on the 1;5 � day of August, 1938, which resolution is of record
in the Minutes of the Town Commission, Vol._ / , Page
et seq.
_n EXECUTED under my hand and seal of said Town, this the
day of August, 1938.
(SEAL)
T6 �c. P A Cf Prosper, Texas.
17.