ORDER NO. 12001
ORDER CALLING KERR COUNTY FLOOD CONTROL BONDS SERIES
1956 FOR REDEMPTION AS OF JANUARY 15, 1974
On this the 10th day of December, 1973, came on to be
heard and considered by the Court the matter of calling for redemption
certain Kerr County Flood Control Bonds, Series of 1956; and it
appearing to the Court that funds currently available and budgeted for
expenditure in the year 1974 out of the Kerr County Flood Control
Maintenance Fund and Kerr County Flood Control Sinking Fund in the amount
of $45, 000.00 should properly be applied to redeem, prior to maturity dates,
certain bonds of this series and thereby effect a saving of interest costs to
the taxpayers of Kerr County, it is hereby ordered on motion by Commissioner
Stone seconded by Commissioner Sallee and unanimously
approved by the Court that Kerr County hereby declares that it will exercise
its option to redeem as of January 15, 1974, and prior to maturity Bonds
Number 90 through 134, inclusive, of the Kerr County Flood Control Bonds,
Series 1956, which bonds in the principal amount of $45, 000.00 would mature
serially from January 15, 1975 through January 15, 1981; and it is further
ordered that the Treasurer of Kerr County give notice hereof by a certified copy
of this order to the Chas. Schreiner Bank of Kerrville, Texas, and to the State
Treasurer, Austin, Texas, and that the aforesaid Bonds Nos. 90 - 134 shall
cease to bear interest from and after January 15, 1974, but that all interest due
and accrued as of that date shall be paid in the usual manner; and it is further
ordered that the proper officers of Kerr County will be authorized to draw
vouchers on the Kerr County Flood Control Maixtenance Fund and the Flood
Control Sinking Fund in the aggregate amount of $45, 000. 00 in such proportion
as the Court shall hereafter direct for the purpose of redeeming the said
Bonds Nos. 90- 134, inclusive, as they are presented for redemption.

ORDER CALLING KERR COUNTX FLOOD
CONTROL BONDS SERIES 1956 FOR
REDEMPTION AS OF JANUARY 15,
1974
12-10-73