The URL can be used to link to this page

Home My WebLink AboutOrdinance No. 209B ORDINANCE NO. - -.-?=-I it j Authorizing ths, wwoution, issuance and delitery of coup= bonds In iis pswmwt for tb? R?1 aid 3p9?o+rareia in "W Imprevem t District pe. ' Of the 01*Y of ]AWN-Lo ltmmtsts,, eaeamd prescribing the form9 denomi- f tie UM and maturity dates of such bed. %11 B, an *06ember 16th. 19199 the City Cozmcil of the City of aeeerl, g07ttesa+a, p00 4 and fiaaxly adopted 2esointIAM ao. i . r Qit qf La 1 City and District, and w , it is provided in the resclutima, ordinances and proceed- Up hereleofere gassed and had by said pity dozmoil in eomtivotion with the or"tion of said sisl Iwyravsmsnt District, that payment for sold work a A ir?rm a Ialdi s bal be ft" by ftesiai. Ieprgrresrm?t District Banff to be insted agwiast said District, all of which mare ftuy appears fm the res- 9141oas sad owes heretofore passed aad adoptad by said City Cowwil, std ims the uLmdee of the ano W of raid City Council, reteremmrae to. all of which Is hsnby ea#aeessly meaes"S i »I TMW=o J2 IT OMMIM BY THE CITY' COMIL Of TIM CITY 01 I+A?+tNL, ?Am j SUTICt 1. That for the purpose of providing the necessary fan" With Which to psy for the wo3ft a t is in dpeow 1101 INOWWWOMent Dim- tsist No. 44 of the Oity of Z&m m? J40SUPS4 imoluding oagimnseriag expenses sit other immai? mterwls, there Sh*U be mrgoat" and Issued noNgotiable j *=rM by of resit sped ah Iapq Di?estriot No. to the principal mob berms to be 7 -7 ) in number and timbered r ! coassoutively fans Qlms 1 to z- 3J _y Said bonds shall be ale at tee 0 ioan of the City at inclusive. y MW time time there ass fmads to the *mWt of said Improteesemmt District No. 90A for the redemption thereof. DeAh of said beads shall bear interest at the rate of six per cant (6%) per aanm tftm, the deato of its registraitIong interest pay- able sae upily ox Jr mawy let. of s year, and interest coxWons# in the fora horeInafter provided, shorn be attgehed to each of said bonds. Said 2p beards shall be isarere 49 dated and delivered from time to tine as may be noo 0443 y, in pgrsonnt lhar the most and Improtemants in said District, as the work progresses. 31 MMIM2. Thalr the doanmiza?'tion of each bond Issued in payment for the work and larm women: a In m &JA 3pesial Improveene nt District No, 4AA bet !and the sow is. hereby fixed a* Va sit of One H=dred Doll" ($100.00) 1 pm'1d*dr fie, thalr the Inet bang to be so issued r?all be in such sum "as WW1 represent the balance fta tar said work and improvements lose than One Bmrdred Dollar m ($100.00). I MWITION 8. That the maturity date and time payment of each and all :jl of samid bonds sb#Al be the lot. eW of Ja?nua ry# 19 , subject, however, to rsei"tiea sir provided iu the form of bond in this ordimemoe hereinafter !! cettsimad. SECTICIF 4. That each of said boamds shall be substantially in the tollewing farms "United Btates of Aaerica it 82AT2 OT MORTARA 'ISZ?aber Dollars 0100.00 MWIAL I1 PILO'T' DISMCT NO. < ..- f -2- A 0 v D xzteroe? 6 ? ,. F r e?uma le . :=* T1?striet?apon Bond ? 'I Ism thh ®#?t?r act pixel ? ?tntaaaa TIN TORLSUM OP TIM, a= oil` LILURXLe, WITAAA« will pay to bearer on the, 2st. daW of Ammaiy, 19 , that of One Rmxlred Dollaart (IQO. QQ) , authorized by 1e001161oa . _ l fr I , 8N9. poend on the 16th k of r, 191T, 4*08*ixW ejpo al spot pistriaat No. 446 for the "a-- strmation of the Improver ontt axed. ,the weft performed as authori red. by said Beselnti.? to be dog in award District, and all lases, resoIntiaaam and ordineu-- vet relative thereto, in pmt of the wittraot in amcordawe therewith. :the f31t? pr?ipaZ and Merest of this bond is payable at the office of y Troagaver, of laurol, imtaus. This bond bags interest at the rate f Oz per oent (9%) per am= frogs the dat of its registration as upressed MIX =*12 the deice called for remotion by the City Treasurer. The inter- 4 on this bawd is paid previous thereto, and an eaWmPsed by tho interest hereto attat4bo4 which bow the wed faetimile sip&tures of the 1 W d city 0103*0 1 This bond is posrabae from the oolloctioa of a apooiul t" or assess- which is a lion apinst the real estate w hiu odd ImproroeoMmt Dis- riot as dsseribed in said 8esolutiou No. La ?v , as well as In Resolution . 1 ; pawed add adeapted -AW.206 1919., 1 j This bamd is rodeantbjo at the optio>a of the City of laursj, at spry to the aaredit of said 1 mare there we f=ds Spegial IWro ermmt ftM for the ties tht?ml # acid In the mawar provided for the rea tian of the oawo ided., 2atrteeW# t0 ,da??te of pmt Ob all =t 'be later than the maturity to btreinabrm esataLzied. i IT IS W CENI'IM AID RWITOO That all, things raguixed to be 1 preoodmt to fte ismaamoe of We bored hen been properly a been Boribrmed lu the mumes proscribed by the lass of the State of peed t crease rolatiag to the iewnao thereof. 2' % Dated at Ie?urelt Ientaaaat, this dayy of , 1 . 21 CITY of T Aum, mvz= 2? Hy 2? '??_ Iaydr 21' i City 2 aged at the offloe of the City Troseuror of , Aatowl, this day of City Tamer stored at the effiaae of the City 01e39c of ,i aurel, Moal;a ns, this of , 19 . Qity clerk SMICII a. Tent ,the WsMst GONVUs to be attached to each of saaid sbwll be arabstsntl4ly in the following forms -a- #6.00 ,I Cavan 16.-? 039 the 404 41W Of daaa 19_.,._.., Trersurer of the pity of havrel, ;; Utara, will PW to tree boa~ th* mope of Dollars ($6.00) , at the oftioo of aaa,1?d Ttera=er in 100*1 *ktapaa, OIL of the fmrds of "ial inprovams ..ID ltt No. 462, ?he ?ntere0t than due an Bond NO. of said 'Inv*" laipselmo Ott adat# prss'iWil hveeesr, that if sboud, togethor rriih the aroeraed Interest thoxia to the "to called for its motion, has !jthrre%ofaare boost vAd err the "tsion reserrrd in said boat! thou this ooupon ?ad4l be aviLl =A 'r'oad. SMIOB S. ThAt each Of said bond$ a4l be siowd by the r and city 014rlc of grid City of xaarel sad be IWrosa+ed with the oei•porato seaa of S%M C1ty, sad oarah of odd Interest s mpm obal boar the Biel sigmturora of said Dagor aaad City Clete, uA saki officers owe boroby aa*bor $Sd sad d.lrrotvd to caws said bpAA mad ovqpaus to be proyarod and to SM""e the MW for sad on behalf of Bald Sp"Ua XWrro t District No, In 410e0rda"O with tho $r 00611A a hsaretofore bad in comaoation with the ermtidaa of said District. SMIDD 7. That a aoat imdzg diredt araagauol t=m in the form of a eW -Aarssarret be, a and the satyr Lot, hereby levied upon all the gable I esta" wittaia tbs bGMWWP144 of SAM 3peOW IaOroweast District No. 4J% SAM pity of I&WOU in addition to All other tMes card asoevonaita thorsvn, 4h $tpasiarl Assosssawat shoal be in an Amrpmat sufficient to V' the interest mAd bowls as the sasam becomes dwe =A to dl sir the prisroip" of said As. at the zWkWAty tli*roef. TI= S. That all the man" -darl"A and Vooeived from the 0vll0at- 11" of IN" speeW dasosssaW SWI be deposited by the City Treasurer to araredit of sposud Impro7enest Diotrist No. of said City of Iaucrel, the am shall be pdid,Out by the City Tresswor for ao purp4oo other thft 1n pdya M% Of the pariaosipaa Md lXbMst Of said bonds. g =21ON 2. ft" and after the "to 21 ' of ord.12armom in ;, ropea?.ed. I a P Bed by the ordixiaaee shall tabu effect aad be In ftiill force to of its Pease mad awxoval • All ordi=woo and conflict or Insonaiateat with this owe are here- City Cetmail and approved by the for this _6L APPMVEDs city clock 34