HomeMy WebLinkAboutORDINANCE NO. 285 WATER BONDS - SIGNED
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oe:o. p. ."RHARD SfA. CO;.:.!! ,LOUI.
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Ii Section 9. - Thi s Ordina.nce shall take effect and be in full force from and after
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i: its adoptio~ and approval, and upon its publication in one issue of the Rexburg Journal, a
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!i weekly newspaper printed and published in the City of Rexburg, State of Idaho, and having
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~ a general circulation therein.
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Ii PASSED AND APPROVED this 5th day of September, 1923.
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ORDINANCE NO. 28,.
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AN ORDINANCE PROVIDING FOR THE REFUNDING OF TEN THOUSAND DOLLARS
tlO, 000 .00 , WATERWORKS BONDS OF THE CITY OF REXBURG, IDAHO, DATED
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AUGUS11 1st, 1913, PAYABLE AUGUaT 1st, 1933, BUT REDEEMABLE AT ANY 'l'nlE AFTER
AUGUST 1st, 1923, AT THE OPTION OF SAID .9~TY, ALSO PROVIDING FOR
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THE ISSUANCE AND PMSCRIBING THE FORU OF . SUCH REFUNDING BONDS
AND PROVIDING FOR A TAX. LEVY TO PAY BOTH THE PRINCIPAL OF AND
THll INTEREST UPON SAID REFUNDING BOOS.
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WHEREAS, ~.uant to an ordinance duly pas.ed, made and enteredl by the City Coun
cil ot the City ot Rexburg, Idaho, Gn the 26th day of July A. D. 1913, numb..tl'~""17l en-
titled:
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-An or~inanc. 8~bmittins to the qualitied eleotors of the City ot
Rexburk, Idaho, who are taxpayer. ther'ot, tor their dererminatlon
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the qu .t1onot i..u1ng municipal coupon .onds ot said City in the
aggreg t. amount ot .10,000.00. to prOVide tor the consttuction of
a mun1 ipal waterwork8 plant and 8upplying the same with water for
th$ pu poBe ot'furni8hing waver to such City and the inhabitants
th.r.. , for all purpo.... .~d in the aggregate amount ot $30,000.
to pro 1de tor Irad1na and aurbing and .idewalks, streets and cross-
ing. d callf'us an e].ectlo. to votet_ thereon, and providing a tax
to pa7, the prinoipal of aad the interest upon said bonds it author
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.aid Clty Couna!. by reaolution 4u17 adopted on October 4th, 1913, issued and sold Ten(lO)
bonda of the denOminat1fb ot .1,000.00 eaoh, numbered from 1 to 10 both inclusive, aggre-
gat1ns 'he .um ot tl0.000.00, dated Augu.t 1.t, 1913, payab~e August 1st, 1933, but redeem
able a"be optlfn ot the .aid Clty at any ttple after August 1st, 1923, with interest there-
on at tM rat. or 81x peroent (6~) pee annum payable sem1-annuall7 on the first days of
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JaftMU1 aad JU1" In eaoh ,.ear, the princ1pa1 ot 8&1d bonds being payable at. the office of
the Clt7Tre-.ur.r ot aeXburc. Idaho. and the interest at the otfice ot the City Treasurer
. or at the bank1D8 house ot Kountze Bros., in the C1t7 ot New York, at the opt ion 0 f the
bo14.r which said bond. .ere i..ue4 tor the construotion ot a muniaipa1 waterworks plant
an" ..,~1D1 the same ~ith wat.~, tox: the pur~se of. trunlshingwater to said City and the
- l~lt..ts, ther.o~ tor all ~?Oses. and.
WHBHIA8, .ai4 total bond 1.su. ot .10.000~OO dated Augu.t 1st, 1913, numbered
from 1 to 10 both inclusive will become due and p~&ble August 1st, 1933, but redeemable at
the optlon of said Cit7 at any time atter August l.t. 1923, and,
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WHEREAS. a lower rate 0 f interest can be plrocured and it is d~ei"Gd GX,lJGclicnt :.<Dll ::.,(1\' i ~)1
able by tne Ci ty Council, ....nd for the uest interest of s....icl Cit~, to n3(,eer:l :~11Cl refund all of said. 'uont:.::; to-.,:c t: Ii
$10,000.00 '.'iaterworlcs :donus, being bonds nU211U(;red froIn 1 to 10 botL Llclusive, cnd,
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.iill2..i:::AS, the refuJ.lcling of said ':Jater.:lOrks 30JHlS, uy the iss~lce and sale of refunding uonds vIiI
be of material .s.clv;;:.ntage and benefit to said City and the tUA1J8.Jors tLe:'eof,
::0,; :':1'::;:;i~O:E, 31'; Is:' ORlLIL.s:D 3'1 -.'::J :'i;.YO:::, .J~j) C::".L c:omrCI1 OT' "IrE CIj,'Y OF ~~:;3u":;{G, 11~":.O:
SECTION 1. That !)Ul'SUO,.llt to ':cl1d uy virtue of tIlls llrovbions cOl.t,:,.:ined in sdd oones ;';"..d. bond
ordin;;:.nce ~:o. 171, ti::.e :.:ayor ~,:ld City CO'Ll11cil of t:16 Cit~' of I~e::.J\i.rf" IdoLo, llCi.::3 clected [..:IQ 00(,;; '.8rel.J;';' uloet
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to c.:.:J.1 for reder::lption a.,ld to l)ay off, l'ecleel!1 a'1d. 1"8f1J}ltl J1 of :~_hl. lJO:1CS, to-uit: $10,000.00 "'l~Lc~.::orks 30TH:,
dated b.UC.1.st 1st, 1913, 'Lei:1[ bonds nU':;loered froLl1 to 10;ct: LC=clSivo, of tllO deno:.1inc.tion of .jl,GOG.JO c,-,ch
at t:;eir fi.;,ce 01' fo.r Val"J,8 0:1 the 1 "t Jay of ITove;.il,er ~-l.. :J. 1 ':.:23, ',':i tll Ci.Gcrlwll interest to said. J ~d, aL~ of
L07e!lJ~uOl' ,
J.J. 1923, ...",1.' :..J1 of said bonds be ",-_xl tiey ....;.(; .,l:'U'UJ c:...J.Jcc.: fo:>:' rocle:ll,tion 011 tl::,1 il,.j~G:1 L.l:
,,0.;,;8 ~7i11 .J\) l'(;r:l0el'.8U :-'':1(1 .J,-lid for ut tlea office of tile Ci ty '..'rens'(lrE";:~ of Iie:.;.lnL.t;, Icl@lO.
,..L~(;'.nOl; 2. r:.::i,....t uJ virtue of ;).l'd h. purs'':S-'.'ce of Cl,....:.>tor 170 of r,:'itlG 32, 1C....:o CO:'iJi1eCi
:J t:... LA. to s, 1 Sl S, i' or t:;,e ~"ll1'l)ose of J.'efm1Q ius, l'U,.~OE);;dnG <...lld c: i scl.....re-illC s8.id ;jonded inde"'utedne ss 1'81.;1'(::,8:1 t\.;G.
uy suiJ '.'.':...te1'works uomls m:cnbered from 1 to 10 ootl. incL.l.sive, 8.l:l0'mting in t'18 agereGat0 to t-.O .3U;.J C!f
010,000.00, 1.J<.,yable O~l the first day of ~ueust, ...1.. D. 1933, "'uut !'edee;,lU1)le at the option o:i s::.c.~d
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tL.16 after ....ug.i.wt 1st, 1923, t}lere s~ld1 'JG if;s,;.ed t~18 rbfulldinu; ":.lands (\f s....id City of llexuurc, to ",i..; .......OF:lt of'
i'<m ':'l.ousc.:1d. :Uollars (~10 ,000.00 j for tile lJ'ul':;.;ose of l"8fundi11{:,' the s~.id r~en 'l'ilOU:3C\nu Dollars DI0 ,>JuG .00 l \'::... tt;r~
',','orl{s UO:'J0S, iSS'-'.8d by sDid Cit~T, eluted ..Ut;ust 1st, 1913, numbered from 1 to 10 both inclusive.
J....;C'i:IOl~ 3. S:hat said refundiuf, bonds, lie reby au thorizecl. slLdl be dated tLe 1 s t J<' () f ~~ove;.;ocr,
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.,.. :0. 1 S'~3, sllull be l1-:.1e ~~!:d ~ ~.Jable on t:le first ilily of lTovembor b.. D. 1943 ullll redeenJUole ~t t~,e Oi)t iO:1 of ti,e
Ci ty :..t '-'-LY ti::le u.ftel' 6' Je...rs from tile d::.te tJlereof t111d 51;;;;.11 bear inte!'est :..,t the ~ate of five Wid. t: 1"oe-
quurters 201' cent (5-i%1 pOl' anlllun, L?ayablesemi-annua.ll~, on tile first d~rs of January and July in e::,cIl :/8[.;1';
they shd1 consist of ten (10) bonds .in the ci.enomination of $1,000.00 each, nU1nbered consecut1v~ly fto:u J. to 10
inel:...she ,:c:,] tl,? j):';"i":ipL:l 8...'1d interest shall be )[_~raole at t:.e office of the Gi t~r Tre""surer of t!le Oi t'J" of
T~6..(~burz, ;'.l tiC "rUi;;,ranty Trust Company ot Em'" York in ~:ew York Cit:t, 1::. Y. ut the option of t~e l~oldcr. The
L.t",l'C't "':_LL ,)(: represe:lted O~T cQupons :ttD.cl:.ed to eacl:' l)ond, each coupon rel~)'esent111g paymont oj :i1:tUl'03t
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'':l1:01: t;)u;;~~ to "chich it is attacned. S.....id bonds sh:111 be sicned by the 1layor, attested by t:lC CitJ Clc.l'.\. [lid
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,,'~ fac-sirdle dFinature of, the Cit., Treasurer.
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andtlte~on1?OnS1herGto ,.:tt<...81,cd s1:::.11
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U. b~' tile City 71'e:"suret and shall bear tie seul of said City;
.,;,,:;r;::.c; 4. '::::ilu.t ~;<J.~d bOJld" and CO'l}.JOllS shull be in s,ubstantiq..l1y tLe follo'."linc for;;:::; to,-wit:
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(Form of Bond.)
UU'i'EJ) 3'l'~.~.';S OF )c:.erUC...
S~~....~~~~ OF I DJ.'~}:O
IL.IGLi:'.:.1 CUUFOlJ '.!.h.s:mr;om~s ::;;F'lE'11Hr,:i C:,OYJ OI'
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C I'J:1 v OF ItT''Jj lJOO .
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J=_-:nIl~..J C~:' ~~O"T:::,:J~:~ 1, 1~}23.
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.1'~.U.. ...~.L ~lI BY T}~:.~~:;B ::!i~:S2:7j;S:
Tl1,-,t tl16 City of Re:.:klrc', in tl';.e Connt:- cf :~(,ison, StL.te of 10<:':10, for value rece~veq., "c~Q;Qv;-
.:.c~ -'3;;: L ,;eIf in.Jcoteu and hereby l)romises to p..1.y to tJ,8 "he:~re"r hereof tho Sill:'! of One Thousand Dollars (,~1 ,000.00 1
b L..',.'1'.:;.:;' .,j ", v.' '~.e Hni ted states of .tL.'1lerica, on the first da;:,' of i;ovember, ..i~. D. 1943, with il1te;l:,e~t t:H,u'eon
~..L ~;~,~ l\.1..e of Fiv.:; uT~d three-lluarters per cent~;1 (!':'~%l 1)c:' '.:nrm::i, fro~~ 6:,te 1.mtil pc,id, IX;,~~~1)le :::c;(,i-:..,,:....l:.:11y
l;.. L.:.. :L.:;t '~"7" ':f ~-:-::.:.ml::'l';;' .:....~ld +,he first d~,,~- cZ,-,.l~ L: eac~, ;;'8:"'1', "'uOtJl r:~i:'l~ip;:.;l [,;,1:0 interest utins .:;/..;{..b1e
",'" t.G o~'ficQ of t..:;.:,; Ci~;:,' Tre;'surer in Rexbllrg, Icl<:.Lo, 0:' at t>.e Gu.ara:1t~r ~rust Compuny of ITer:: YCl'k, '~(-".! l'ol'lc
:;i~y, ...1.., uL t>(; c:..:ti.:m~':i" t:1.e llOlder, Ui?0l1 ~:.(.u,;fc;c.~....,tio:: <...:il surrender of the annexedcou:,pons a~ ".d(;,j :70S.l.JC8-
l,i''-cl~i b.J:;s:..e due.
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':2..:1e sai.~.,Ci t~r reserves the ri[} t, 'cr,avo::.' te' rG(ce~:l tills l)o:lD c.t an;:,' tbo after ter.. ;"_c.:';; :il'C::;
it;J (....Le, _;ccol'clLl.' to 1;"'\"1, ,-,-"d in c<:;.se tide; ;J=:.r~ j, c...:ll<:,c' fo:: reclewptioll,otice ther~of sLall Lie g:vcn 'v;y'
clblicCo.tioll Ll _. ::18';7SIJa,)8r :'~_~Jlis"hed in and afener:..l c::'C_J,-t:io~l in se'.ill Ci. t" o~~ Rexbur;::- L (1 -;1' ' r~;, nCl' 1
.... .... _ _~ ... , v - t;-, - A ... ... ....... ... ---~_~.. ......
~Gin':l:.l ,:-.u:JJ.i:,iocl Ll :;;.11.cl of..onorz.l circulatio:~ ill }~c:;','.' YOl',':;itJ, (1ll:33 ,~ ,c't:::: ~~Ol' two consecutivE.; '\.:ea~(s 1-'1'io1'
Lo t.Le G<:.te fL::0U for red.~::l:Jtion a:..'1.d after sl1cl1llotice, int8:::est :::y:on this i:O:" from [.nd after t~,c <;[.::' ,.J::.~e cf
::'edeillptioll sllall co....se.
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I 'tds ])0"': '" 10 s uod C'J "uLC GiI.. ;' c> r t' '., ~" '"20" 0 of )",funuiug "L': "",: ee,,,: ". . 1,'" ",,,,,unto;' t
\il, ' ,j t l' ",." '.','"'.',;.'J.t,C,(,'".",...,,,-, ,...? . -.....'.'. ~l.t~", -".... '1.- 01'_',0 (,f" :... '.~c;~'j"'s u~'.' +(;~, \(10)' 80:"''-' li.w l:<.:.to .~:',a
va..l..i~, O-l.'t;'~:.;t~j.ld.l-ll~ J".>~i~~.c-,l J. ~,..~- ......~-'-'- ~ ., -,.,. -~ ~- ~..... ~ - - \j ~
(-l ,- '1"'.."1 ...'.- h_' '"" ._,,~t"" of ''''1'.. f-"l' ....."\. ./'o,r',L.. ''''O''':'}l'".,.,..., ,..;:'1'
o.;,:ount, _h~,:'JCl'e<l fro:n Olle 1 +;0 :'.e:l l U J lc:CJ. q:"; 1,' 0, ,.'.'," J..: ,-'-~ do: C "",'~ '1,_.L 'JuLIJ. ...,1 GO" ....u u '''l.'. ~"_,~e .d. ell'
l'lli t<.:; ~,l'O';:' ':',\.ms of C'Li:..l)t8:' 170 01' ~it1;;: :32., 1,:,-,"0 COLijj1fJ\" :~t;..,tntes 1919, and o'~ t,~o COll..:,::'L"ticll :"":1G. 1......:~ of tlloll
I' 3t....te of lu....uco "'-1:'(. L ...~<.rSdL.nC'~ of d.~: ord.il:;.:J.::':C8 of ~,;....'; l: Ci t;,r dul~/ ..;,clOl,ted., ~ljlJ:'U7Cc::. :.;,,:c~ ...[e:l; ~ :;'8,"', of sc.~d Ci t;}r !~.II:.'
)l'ior to L18 iSSe<L:.::lCe i.oreof.
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-: .~~.. v...._ :.;..... ...._......... '. \,. ~i;r~: ';--.:.~(i .:....~'c. :..~UC~l:".~:''''(;U .--Z 0 D":"er~/ .... ~.1. - ~(-;,jl...... - ~ -- - - -' ~~ - - l:
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~....ureof l'l._~.3. >~~8e~1 U ",' CQ...JJ?J.leu ',...i.I.IIl., ,_+.;.0 ~,~:..~" "......,.:.:) \) 1.J.-i. ........._,C. '-'_..l.... U 1...L"",;\,,~_ ":,,,~l.:, .. U\.A..... l:;",}'J oJ ... \A~_.Ll;;, l-"-''''~ u_......, U tiI.J., 11
:::'c;CdeLled. :4ereJ~r ~l'"Oe \/it~-:..jll t.;"lC;r~r UU'::it li....::.I" ~'.lld o~:,l:er J.::;:i~- J)~038ri1Jed 1J~r In~"r t.L"_it t~c: C~_:::.lL;tit-u.t.ion, t.~,..:t t.1-!e
i:':.:..ettE;uIless of t:ne Cit~7 :1:::';:; ',',ot 'le8Yl L1C"C ~~ed ':J~r Lc :8::;:~e ::e::oeof, WJ1 tllat Dl'CVis:~Cl1 :~u.S :;OeL cLly made for
t!.Le colle(;tio:::, of .:.1:':' <...~::::":,,l t<.:.z to r:..<r t.:c in1;ere::l c-" td.i; 'oonli ~,s it falls due, u.'-"c1 0.150 to corJ",titute 3-
siliidnL fill:.ll for tl1e l~~':,lel1t of tile rr irlCilk.l L.;c; :'eof..i t-::.bl. tiLe tiLlO l"'(;'l,lireci by L-,;.
L..tt0stod J~r
l-on~; 1:.u 1'0 tv
.~. :J. 1923.
Ii: '...:....:Y2I::OIn: '}!i:;TXiF, t.1J Cit~r 0-;: ~0;:b1Ft" 1...5 caused t:,-is bond to ,)(; sig:L.eel. :}~! it s ::Ia;;or,
t~.e Ci ty C1 J l~:: ~:,d. C OctL te::'s iQ:ed IJ:r L.G ::i t~- '2l'c...s'Llre r, thc seal of c::..i is. Ci ty Qffixl~d ul:d the cou-
attac::ed to be sif;ne<l Fit~l t:i:e fuc-,Ji~:dle :;:lDbtc,'i.re of the City '::'ro~.surcr, t',c first J.:.l;/ of :;ovember
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G~O::G:i ~. _ ~11cJ2~t~:tUIJ~
Ci t~r Cl erk.
Cou:ntel'siQ1Cd:
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Ci 1::7 ~::~:;L..S1J.rer.
(Forr:) of :'1 rst Ccu~JOl1S J
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Or. the fi rst "f .:'u..'1'.:::.ry '''" :;). lS2L'.c, t'o Cit~r of Rexbure i,l' .j.>c Jt<.:.t8 of IC~:...~,c, ,,;i11 :,/:!y to
t:le "ue""rer l-:Greof t:18 5'1:1 of :~i11emd 5S/1UU lJollurs ($9.58) iul<.:.\;ful none:; 0: t'::c l:lli'~od ::;L;.tc.:s of ,'IlJ{;rica,
at tilC office of the C1 t~, ~l"eas-"rer ill Rexburg, Icl.:_}lO, or ::t t~lB G'vl[.ranty s:'r~l'~': CO::1":;::,ll~ ;)f :\;w 'i.c'!:. in ti:o Ci ty
of :T8W York, 1:. Y. at tile OiJtioll of tile l:c)ldcr, :,ein;:; irltt:re,;t t:,en d<.w on its ''-;'...b-,:~.-mr'~s J.8i\~l:::inc 3oml, dated
~ov~ber 1st, 1923.
Bond 1:0.
(F....c-:c:Lilo SihllL.. t-;,re l
Ci t::,r ':':cC:.Js.i.~rer.
(For::] of otJ.ler cO:'i.l.)ons up to ,Tuly 1, 19'1:3)
No.
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~28.75.
On t~e fi rst da:r or J~~~J .th D. 19_, tl~e Ci ty of :'1e:Jnrc in t::c JtLL te 0': 1::3.: 0, '.-:i 11 1<' to
the bec..rer hereof the sum of TVv'enty-eight p.nd 75/100 Dollars U~28.75l ill 1: ','of',]} ::10"'"8J of t~ 0] 1:uitc.:j :':;tate~ of
, .:-lnerica, at the offioe of the 01 ty Trea~:trer in Rex.burg, Idaho, or ;::,t the C'rcl::'l':l::t:! ':.",vc, ::;t CC:::j.Ln;/ () f :~(;\'; :.'ori{ in
',- TIle City of Hev! York~ H. Y., at the opd,~n of the holder, beinG six l:lOnt~Lj L.tG:4E;st tl:Em duo on i t.; -;!~t(;r'::0rks
=~eftllldil16 bond, datell Hovember 1st, A. D. 1923.
Bond TIo. . .
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Ci t:' :'ruasurer.
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On. t~ first dtlY of !1ovembe-r,.. D. 1943, the Cit:! of Re:clmrg, in t-:,e SL,tc (Jf I(]:,.]o. ',"il1 "-f....y
to. tl1eb6.& 1'.er here Oftthe sum. of Nineteen. a.nd 17.1100 Dollars ($19.17) in li,,'.'ful :-:1ono:! of Li; T.,hI I eel J;,~tc~ of
America, at the offi 'e of the City Treasurer 1* Rexburg, Ic1a.11.o, or at t:,c r'inamnt;)' Tl'USt CC,j~~:} c f :~v; York in
the City of Hew York H. Y.,. at the option of the holder, bebe interest t:len d'.18 011 its .::<:;. tCI~,'orl\.~ ~d\./1111ing
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bond, dated Uovember 1st, 1923. .
,Bond no. ...
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(Form of las tCoupons l
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(F~c-siDile si~~t~~e;
Ci t:! s:':{'o:.~ surer.
Theta shall also be endorsed on each of said bonds the folloviing:
BEGISTltATION CERTIFICATE
The ur.dersigned, the duly elected, qualified and acting Di ty Clerk of tho City of ?e~,burf,', l(l0.1,o
hereby certifies that the \'71 thin bond has been duly' registered in his offioe in a publ ic record book kelJt for
t11at purpose in f'tll1 oompliance witit the lorovisions of Section 4117, Idaho Compiled Sta.t'.1tes, 1919.
lIT 'JITNESS ':i1IE...-qmF, witness my hand. and the offiol!l.l seal of the Cit:: of ?e:(ourg, 1[1,[;.;',0, Li::;
day pf . A.. D. 1923.
(SEAL)
Cit~r Clerk.
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SECTIon 5. The interest falline due on shic. bonds on J....l1u::;.r~r 1st, 1924 and Jul:,r 1st, 1924, shull I
be paid out of the general fUl1U of said Cit;;' <a.l:cl for tlle .lx:t1Joso of I.'eiulml'sinc; said ceneral i'und for "~l~e ra;jme;l
of s4ili intel"'est and in oroer to raise tlle necessar~r 1'1.1n(s v;ith which to r'a~T 1Lc interest fallinG' Cue on tTanw...rYI
1st, 19~5 ",Ed July lst, 19~5, and to Ci'eate :J. shJdn[; fund for tl~G ~\~rl~lent of tlJ.E. p'incipal of ::::..:1cl Jonis, t~,cl'eli
shull be levieu on till t::.AUble l)rollerty wi thin s<..l.id City, in addi tiol1 to:::.11 ctl18 r taxes ['.. direct t<..x in the II
!i
I
tllol'eufte:c in Ol~de1' to raise the 1':eOeS8a1',,' i'lm(]s to ::l'.let tl'..8 ill terest l--t~Y::Jel1ts ~~S Ute;:,r i)8cor:1e due a.~ d to create IIII
a sinking fund. for the ulti:;,ate rec1elil:ption of said bonds, iLert:: sLull lIe loviGG. on all taxable l)]'o.)ert~r "\';ithin I
said :Jity, ill u,iditioll to all o the r taxes GO. uL>ect: c.:i::..mwl t.::..x in eO-cll of Lie years 19;,;S to 1 <:>n .,,(1 tll inclusivE:, I
I
I
I
0::" SOj6'..;0:~8, "ui:'..~' L:~u,~est 'J5?S.OO <:"':;1tl c~h~k:ll~ f~~.~J ~;[)Ju .00 I
f
-)
year 1924, sufficiei1t to ::;;roduce tIle sum of $1458.309 beinE h: tel'est ~9S8.30 8.nd sinldng fund ~500.CO.
~~nd
)
::Li.fficient to ,i;rou'Uce the Slur. 0:::' .)1075.00 in e.::..cL
eacll JU....l. ",.nd ill tllG ;;/Gar 19-12, S11fficient to :;.;rotL.ce '"L, ~;um of )1266.70, 'ueinc interest C766.70 ;j,,~(2 sin~dng
fune. .~500.00. S...id t~::(;S ",;Len ~,;o collected. sI1",,11 ;Jl" applied 3clt:1J to ~,..I; ..cl::"l)O,-:[: of :c;....~.:in" 'l__~8 L, 'u::'e:3t ~nu
,\ .Jirincil'...l of ;c;.:.iJ. /Jar;l::; l'es:pe;ctivelJ 0.1:,1 fo:': no CJL:Dl'lLlJ'fOS; ',,'::L.tcvci',
L il ~,:.1B :U1\l.el)teUllGSS f~O 8C~}t r.......c ted
c;m,j e r t lei G
o nl:L:.:J.nce, princip<:.i.l UDd int ere st
31,,,,,11
::,J,ve 1)(;(;21 fll~r .. ~l.~d,
suo t i ~,~ fi E:d .J.:~'d.
... . - -
li 1 f.~C :l~rC'GCJ, .
J2cs.:Ior; 6. It 81u.ll he tho :~ct;/ C'.f t~le Cit;,' COclllCil C1 :3~~ll Cit~', n.::'lcl t::"e~,r ~.:,'e ..8':'80 :'C' ,d ~'C
annu~ly, ....t L.e tLJa <":'10. in t:-Le r:w.nner I.iJ.'ovidedj;/ lL'.'.: ::02' La levJ~ll(' of ote~' Cit~, '':'\;''X8S, to :'<..tifJ ,-::a c:i.Lrry
o'",t t.6 1~1'0vision3 hereof Wlt,[;, reference to -l:l.e levyin", of L...:':cs and. l'ocr,lirilJ[' t.~le officc::';; of ,-:Ll, feT J~id _Ci1.~r
to lev~', G:::tend &i (I collect such tu:ws in t:le Lunner pro'[i{~,C)u oJ 1.:..',', for t~,e :;,nU'llose of creat i11[:' u ftL1(l for ti:e
p':':'j::';lent of tlJ.e inU':l'est upon ancl tL.o .."::'ineip~:l of sd d 'bonus :'i:1d t~:.e G.:.:.Li. k:.:;:os \'fi'len collected s~.d 1 ~)e ~":8p~ for
and '-'-.J:'plie<l onlJ to :~le l)UJ~11t of s:'tid interest .:;Jid yrillcipal of .3:;.icl bO::'lCls, ::.s li8reinlJ8f'o1'e Sl)E;(;}.ficQ, but
notllin[, hCL ei::.: co:::.taL:ed shc.ll be so con::;trued ~LS to ..)1'8Vent ~.::;;j,cJ Cit:T frOl.1 ':"j,,;:pl:,ri11C all;,r otl181,' i\mcls tl".L't ..,::..~r 118
in the C:it~T '...'l'e,-,sur'J and c,vuils.ble fOT' tl:e ll.u:rrpose to thu i'::'o.;;1D21t of said interest a1'.c~ l,rillcip:"l ~l3 t~e :3:...,;:e
)1
reSlJect:lvely ;.u.tcll'e, :clld tl16 lcv~' ():.~ levies lwrein rrovldeu 1'01' :nay t:lereupon to th:'.t e:dent Dl; c;i',ini"'::i0u, ~ljd
upon Lle .I!~'mlmt of tlw IJ1'L1Ci,-'.Q of any of the bonds i~:S'clO'l ;,ereun'Jel~ 12:. seid l'1::J1l.ner, or b~T the me of the
shl:dne: fUl1l: ;ie rein ;rOVie'0d for, tlle levy or levies l:;,o1'8:.n proviuinc for the ra~rillent of interest ;J~_;/, t:,... t' G
8::tel1t 0::: t ,8 in tel'est l!f t;'_8 bonds so 1.);).id, be di::1illL:llOd.
";:";0';':'0:, 7. ","II o:'llhmnces m!u :;,c:;:ts 0" o,'dino.llcu::: of the City of ~exbure in coYlflict"itl1 tills
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effoct 01; d 1Je ill i\1.11
;'orCQ D.Ed effect fro:;; ,-,;~d ,fter its
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c,l1 ',e il'relJ3.sJ,<J.:)le 1.L'1til t:;lO indobtec.l1ess ;ereb;l C:'8c.t8U Sl"LU have
b~'?:1 r-\.~ll<J' ~)L.ic. c~ld J~...ti",fieu.
l.._~~.~,:L .c....,..... ......;..J...~,:C~/2J t',!-~i3 2.()t~ rll..'.:l of Jelltember, ...1.. D. 19:~Z.
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O:?W~:~.i..EC=~ I~O. :236.
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CL'-C,LG ]Ol:J3 O:? ":EE ~ls:'1 OF "?~L;D3G, ID..:10,
('l:? r:.'::~-.'..r;'iY ''T',fO.''''.- '~.O".l'~ '"''''0000.00)
- .... - .i....... L;oJ.L~""."",, ,.;J J. "Io~ [.J 'iv, ' .
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O~.~jI~~....l'~C~~ }"~O"'r.I:)I:_:"" ?07 T~~"~ l.~~?~~_-'-J): ~:r<
GlJJIYG
:J.l.'L:~D _,FGUST 1st, 1913,
L..YA3LE ".UGr.;;,L' L,t, 1933, i3U'i: ':~=~;;.'.-3.L:::
n
r:'r:~ .di~=:"1 ,,"UGUST 1st, 1923, ..~T
T::.:S 02:'rnON 0'", :':..Li crln, ..130 :pJ.07IDr~~ F'T ",-
ISSlT..FGf: i.''''] l:-';;SCTIIBIlTG TH3 FO'P~,:
OF SUCH REFUl:DE'i- "1C',",)3, ;,1:30 ?:~OVIDlIJG ?0J. ..~ TAX LE1IT ~o rAY 30C:E ':.:'lili prrIl;CIP~ OF
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'li:4"-,""
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Il;I..2.s.:.t::J!~: L.L"Ci:; 3n.ID ~:~FUliTDll~G ]O~;~J.
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