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HomeMy WebLinkAboutOrdinance No. 189 MAYS no . AtIt MIZIRG MM TIQS, IDSRAXCR AND MUTM OF OW811 SMS IN PAT ", 702 TM 'VWK AND 131PROVIRMi'S IN GMIAL IRpI'tOY DISTRICT NO. 329 OF TU CITY OF I?M=s MONTAXAs MM P728CRININO TU JORDr 11MOKINATION AMD MURITY DAUB OF MCg I101DOO ? on Rime 3. 1nn"ly 9• the'CI%y council of the City o des Next"4 gamed and "opted Resolution No, 165 e 14= g ' eeial I>sp=oo'oisont District Ii* 32v Of said City AL's • * for lbe rgiso of construct ae fIv* (5) fOGt *42oretr, 0140WOU iIrun said city and District. ?* it, le, provided lathe resolutions ordinances 9,001"I o heretofore aseod and had by said 014Y ]r ?3'%..1a eosstestien Wilk fie creation of said special Tss?t District 1Sht t for said work and i rove - o mull be Zie f r . qe? ?1snt District Dams t ,10 lamed last rem Dtetriot; all of which more fh1ly spars ftem resa uti+ons. mA wAlmanoes heretofore loosed and adopted 1y seid City Council* and tram the toe of the meetings of said Cl Council# reference to s od whloh I e mere' e"vesely o; MM mss. . 41MAMM ]it =3 QIT! Cl =(;:EL OF TW C 07 IA W=. BAs smog, 10 It t for the g at of gro7iding t" s ssaairy f ude rrdih roweh to for weft and iooopre ve*, s iD. ""W, ispaeov"Ut D tsiet. No's po .ef the Slt • * eioilna?? eaRl.a"Ift" i ees and all 0 Sao dentsls, there shall be emoested asold iseueri vqw 21 at District atlahle oor?o?a bsmie of said Ssoei mp" R . 32 &a the grlaG44 o" of ads W to 'D su os r eae ooasocuti voly from 1 e aoiusirre. Seld, bads shall 'be. rodeftsbls at the op ion t?ko,-city at MY tioao there are fuads to the credit, of said I re t Rietriet Roo 32 for the rodM ption t'heroof. e•, d Ins" shall bear interest at the rate of 01.1 per cwt 60,? Ser ewat? fteme the date of its registration. interest ??*1e smelly on January lot of 980h year* 6" Interest as is the !#?.l #oeseiaaiter proYided shall be attached as??eh of said b$oo? 6 Said, b iWW be issuod, dated SOUVQred t to, time as a be aeeesaaarYr is t mho ,w '"Mro is la said District, as he ' tpraaoon 105 2' lha?t %be dose""tion of gash-tend issued i* Payomt tot the ;ork not aaprovemesto in said special _ resent Diotviet Ao. 32' be, and the soaps to hereby fined aTud am of 0". Mond red so?lare 444..0 it ovidaad, hew• e*WP that, the Upt bond to be ea loft" a? I be is gush 811 as Mall ye911ae0nt the -16MOSe dm*, ftr said work wed &EWWWW oodte., lose t]a s fte Bred Dollars ($100000)" M WON that the maturity date and time of pay- 10"t of essh and a1i, :of said Undo nail tie the lot day st,,,';'44 1929a subjects however, to redemption ass pro- Ti i2 foss -of bead In this ordimaanee hereinafter e?taise±d. . . MOTION 4. That each of said toads shall be sub- e tially in the follawlskg foss: United states of ,America state of Yautsaa 01TY a Lam. W=I 31v=ICT 10. 32 Dolls sin per cant paylable aonue'll?r i06wed'1q the City of laurel, Soxtana Dollars TU IRMAOMM Of VM CITY Of IAAMOL, WITAUA, will pay to e as authorizedebe the ooa Resolution Do. as ad on the 3rd day of Lne 1 9 a srosti sp04M=rovewMt Di.t?ri NOS 12 for the soaeraet a of the ispse!="Os and the war Nrfo=ed 4aa aa}th*Apod by as d Resolution to be done in distaist, aia? ell ls? ?eolntioss aid ordiaaaoes v4st.ing thereto, is .,pmt of, the contract in aeetr. dtm theeawith. T" principe& and interest of this hood are papabl* at the office of the City Tre"urea, of Laurel Nextaana. this bond bears interest at the sate of e& rw, sot (00) per aneurs from date of rogistra o ties of this bond as espreesed heroin, until the date called for r I i Il Won by the Oity Treasurer. The interest as this ' is payable annually on the first dqy, of ':Oavaxy ;*;r V _ Yost„ unless paid pro one th seto o d . ae e.e?d bq? the interest seupone hereto attached, wbiek boW ke aired fawdiaile •16"tuses of do xror ;sad ter: Guy CLvk. T]aie bond is parable foss tho collection of a special tam or asseessent Whisk is a 1108 againet the real ostate within said z4ovw t met, ae desortbod In said Resolution hs?pA* afore refo rped to. This bond it redoemblo at the optlos of the City at Any time t14090 are fUSAD to Y; 7 k? the credit of `use. d J eeisl Improvement District nod for, the rodo wtios ?+araof, and is the awmier provided for Us retioa of time sameo provided, however, twat payaw eset Uo. sade later than suer a tine as will pom"et tae lep et 0 astral consecutive tan levies attr tho date of the legumes hereof. It IS MOM MTZYXW 03). UCMTM V that all things "Ga red to bo dome recut to the issuance of this bond. hale bom proPerl doze, Me ued and boon 'fr m d in the mwmer proscribed laws of the $we of M644 mm and the iosolJIone and ordinance$ of 00 City of Laarel. Montana, relating to the issuance thereof. -fated at Laar91,0 Bonte=$ this daW of •. 19., ..• CI?Y OF LO , 3WNtANAq By ©has. Davis,, Mayor. Attest: Jas. H.• ? ? Clerk =021m 50 That the intoroet coupons, to to attached to eaoh,of said bonds shell to substsintiallp is the tell". Its fem " Coupon we , . ®o Janus let 192 , the fteasurer of the My co L? IAJA will "y to the tosser the oft ' dta h r Dollars at tiie offloe of said "esm"arm is zaarelo llea?tW out of the Rods of isl ra n amt ; District me* 32 being the interest due on Sand Nail lm;rwmmmt DA14rict 1[,*. 306 POSTId"a oar if sstd Bead together with averred interest ftemse ? to tare date sailed. for its redemption has hsrstotope been paid under the option resevved is mid then this Coupon shall be aril and Vold" . ehYS. D??vis, Ys>or. age H. ?rda?s" City 1' llork. woo " on; $. '! . each of said bonds shall be sip" bif the l r NA City, CLWk of said City of Iraussl and be e""LVith the corporate al ot.eaid CiVO and each mid lasearest coupons "4 bear thr "e emrod faa 8:181 10 si tv?sas of sand Nam asd. Biter alWk# and said- officers Ift, /T 1041b"t of said eoial oraest histrict No. 32. in a?vair nee with the pros k"Otefore mod. in connection With the a?eation of sa ld ale t i'ot. 'IGN ?. ''ghat a 0,02 lasing direct annual tax, in '• f of -a "eeatal free sit ho a" the man* is heresy it I Upon, all. tW t. 000 A real .e?ite within the i, of on etax t ?iatriet Re. !21 in os??ty of ?wseel, n a didit es to' ? aj,l other taxes asasaMats t roon# ahiek fteeial Asseosaeat sX&U W in an s tNnt suffisidut ti the Interest on said bends as the '00W beeeam due sai mydlsshsr?ce the principal of said lee at the aiturity thereof. 00101 9* That ali • mommy derived and resolved f tbS eoliA+ 4100 of "It ?esiarl Asnosewent shall tae s?itmd tit trim City, preasuriw to the oreii,t of 00162 ?1tfe?weut District 3160 J2of, sid, Qity of, unrs . and same swat tie Pa"" the city treasurer ter so ether thaa in paW of the prinmi ,and interest I'd laonds. @=IQIt fhia ordimmem ob&U take effect and be LAl fine and aft' ? date of Its pa 'a' And " . o namees sad p s of ordimmoss n 00240at err iaeemoistoatt with this eriinance are here7my Passeyd by the City Council and appreted .b the mok"w this day of L; 190, Ip'PBiD? a blNa-rc CS. 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