HomeMy WebLinkAbout253lxi ordinance of Ltie city of --c,�jj to --Utliorizint- t1rie ,,lajor aiid city
clerk b JF3aue Jc)Q,-.j
the of mith
::street from itf; ii4terbeotic).1 �jiLh ivenue to tyle interseew
tion of the SOULIi ibx:- li-:O Of ,..i(l iArei-1-0 Uth Uie e—t boun.-
-Jarj line of tju city ordered 1)y ur�;jjjai,,ce 0.
_2d_4�71by which Lo-
cv,l I�jnrovenien; I'Astrict '.o.107 ijjz3.Lj cxeated,�'rescribing ti -1 e, r D t e
of interest ,acrid boxido Bliall be,ar,t'-O date of their i : .rwe and of
their ,aaturitg, ado t" tinrl-I -> for,.i Vneref or, authorizing their delivery
to the contractor
and directin, their
re _,iotrutiorl by ti -i"
, wi,l Y � 1— 1
" L'c.L,are heret- �--d to I�Ifll.e,exewkte znwid io.
Sue local imp ro VeIl"U1110w 11dw Zlll� illcluded inLucal
ltyp 1' 0 V f-- Y! t 1') 12 tr i c L Lug i, ,jhi ch di vtr i c L vat e
d b
ity, int"IC, Z-It*;,!:,("�
ceb Uj, tlie
-ectlion tjaio lioildb „5i:i.'.11 lie in dellouinf-j.tious :AS followo:
:',ondu nu,%lbered frmA 1 tO -'Jula o` oiio hundred
(Y
each,,a-,id I.,wid iiu;.berecl e f
be tl,�e ouA of ��
be isz-,Uet I o., i 0,-,- tu*tcr the of 4��Y
110110-yIlall be -paycible on or 1,A.d,;,;- of
a -la ZOI.-III. be; -a, !:.I,ru after Vile to
tl'(,' tilILE: of
t r 'af;.nul'i r.zzval—
WlilUU11Y oil L��!Q 1.1A.da,,, of interet-A I)e
evidenced bj intefeLit coul'-wilb itt-:OhCd�tc; t;Z,,C'i of st-,id bonds, the
first of Whicl, coupons ohali be fi-I" t,x il:,:cjunt of interent upon Via
bond to which it iu to ti -le jj , .
and each
1
CC) U
be for.
one
ye -.rFj
interest
upon such
bond.
C; :..114.I
G4t1C)Ii
to
''i
the tem -is
L e
A",
i )
t, -A,
of
Lhe
tit of :-'ent be
, wi,l Y � 1— 1
" L'c.L,are heret- �--d to I�Ifll.e,exewkte znwid io.
Sue local imp ro VeIl"U1110w 11dw Zlll� illcluded inLucal
ltyp 1' 0 V f-- Y! t 1') 12 tr i c L Lug i, ,jhi ch di vtr i c L vat e
d b
ity, int"IC, Z-It*;,!:,("�
ceb Uj, tlie
-ectlion tjaio lioildb „5i:i.'.11 lie in dellouinf-j.tious :AS followo:
:',ondu nu,%lbered frmA 1 tO -'Jula o` oiio hundred
(Y
each,,a-,id I.,wid iiu;.berecl e f
be tl,�e ouA of ��
be isz-,Uet I o., i 0,-,- tu*tcr the of 4��Y
110110-yIlall be -paycible on or 1,A.d,;,;- of
a -la ZOI.-III. be; -a, !:.I,ru after Vile to
tl'(,' tilILE: of
t r 'af;.nul'i r.zzval—
WlilUU11Y oil L��!Q 1.1A.da,,, of interet-A I)e
evidenced bj intefeLit coul'-wilb itt-:OhCd�tc; t;Z,,C'i of st-,id bonds, the
first of Whicl, coupons ohali be fi-I" t,x il:,:cjunt of interent upon Via
bond to which it iu to ti -le jj , .
and each
of tile
rel:jaiiiiiij; coupons sl-ikAA
be for.
one
ye -.rFj
interest
upon such
bond.
�iuch couporm S"ail be
Bubje ct
to
all
the tem -is
aid corlditioiiu of the bored to w4iuh they zixe nttached,and if any
bond shall be Czi-1 IeU for -pn'piioiA bc,11'ore the _:mit-urity of ally couO.
pun there toattauhiL�d FLtji Orcwpoii beow.ie void,
;Jection 3. t'.'Le bond iil-kjL�Qd LUider UIQ 1)-20 Vi ',5ion;:-.,. of this; ordi-
iianceoor suciL puetioi, bier,. -of ia; st.-.1i be iiecosoalry to the r)vy the
uoiitxfw-tor fur (1irect to the ocmtra*
tor,mid u'ric.-Il tA., to iiii Uy ;,r.-,yor w -id cleric .A ouch
tli-,iee olid in uueii a!auurjtr; urj bij--jj iIIj-wed u c
pon sr contrj t
price by the City fuunuil,frow tilil(a to tiijje,a,.j provided by the con—
tract, specifications, PI -1c.1 ordirlarice autjjc)ri/,jjjLo tiie work,
ection 4, Tito said bondu as nearly'
r�1. 11 111 be iri tile following, , .Lor
as practicable:
OF
13OLD
100100.
I -- :, tioz, of tile third class
Cj,iy ()y jt;;4,2, t_,, ,jjLtjjjcjj)a.L co.-por.
Y to -ray to
of the :::tete of 011 hereby
or bwarer the sum of
. of the tl:ereon at the rzit,e of eight
1! 101, i U.Y e . und established by
per cent per tumum,PFL.YzI.ble Of t -'l f.
LOQ�j J� jlU 11 0 1 L 1? 6107,
10N&e�eujoifli r�Ah�t,., �,Uid Ynt'erew Y
t1le (,itv 1reakjure_.. 0j, tl,e .;kiid
c!1j(,Ij of interest -to ae-s
A coupon is h-reto attael-Led for bi 11 esentrition and
true hereon,wid as -,id intel*C'A uiiall ' _, -fjjjj.,L only I on pr 'ity of -1 t
our -render of rjaid coul�uyl,tO the E;aid treasurer 0"' said G -on
cl:leti far :,ielit before its i1aturityo each
jlij3 j)c)jj.:j ib
but in Case t
,rind every coupon representli-iEl, interc.-st jiot "cu-1-ued at Uiie t1ille of
E;ucti pr,;Ly.aeiit D_. -k cz�llcd, be Void.
This bond iu p,-jaf_,bje on or befo e LLe first d.,;,,jk of .,,Tcbruary
tl
t, -.e Li of, tie treasurer of the -aid city
'1916,.wid it; zubjec't to 7j iin-
vlienever there &Ii. -iii bc r,,uf 'ioiekit r,Orli ', tile F3 I1a cal ii-proVC
fund to pay LIIQ 2—,"o ,"�,d
j)011,io of ti,ie series of
n.1 order, ovw
IU �1��
which thisiB One,whicli 'la.Q. flri.0.1' LC) thi" tJ-)!
arid above r;uI'.,Jt;i.CkA ful., t -11e of iliter!iA 011 c;11 uni-iuid bonds
of thi,.;wries, -al il i -
The U'it.Y i'QU.,.'CAI of Aty f o r V t e oo i d 1,0c,
C e : o
,r)roveiiiexit district IJ - -
t'l-lis bond to 1we is:aed in UU, Of viic: ,Inid Aty as r tlie
bond of the st.tid local ditutricL,the bond to be applied in
i,art pay:IATA of t':(. uost Lti:d expenue of t!,0 in sa J. d : di s tio
rict udder said u3,dit-,atice •cj. _,%,jjjiejl ie-.eri levied randri,;sesried ,
;,jgainst wiepropert.� included T_i C�",_L[J. 1")0a.1 diitrictfund
benefitted by the uaid iq)rovc.<iait; j_jjd Ifiolder or Golders of th6's
bond 611"11 look to Baid local ij:j.!.,rovctjorjt fund only for Ulle 'pe-y-,ent
of the I)fincilizal and interest upon thili b0i'd-
I
Th'o 0a11 for t,_
bj the Said
I)y t)uuli5j.li,jg tili', s,_,,e il,, the %,,Jty ()j'ficial "',ewspaper
city Treowurer,
and heil such c -kill 12 f.J.;
0 t11is 1-0,d,it All be
11 a
Ijaid the duy t1lo Ilext iiiteuxl
rA coin thUre011 S 11 1)C(,011le due after
e
r�aid oall,,aid uf)on b,7Ld da Y isit-c!'CIA 01I baid 1)Ot"i Sh..? I retx13 ,
This bond is One of a wc-rie:i of bonds aggre�,-Iating the aul" Of
DUII.LrE, f or uzLid loi3ii11 iiprove,:Icn c, dist-
rict,aff-6f Which boadc, are ;subject to tije ter�:),,), and condition
oed.
as are herfei n * Cle Tjrovi"ions of an. ,Wt Of
Ielliji bond i:; jt;[jjA(jct by virtue o -t . I
Ulf-, leY,*Iul'ature of tiio .Aat(.) act ",Utl'Or-
izil-Ig tj-,e iEjbuz, rjee :�iid ozale of botiil.S by uitiee to I)aY 1'01' local IM-
-
f er
Of vfhi.cll act ea"
s':�ec:tion D. neither the owner or holder of ul,ly bond is.;ued under tIV
authority of ti -lis act nlIall have any cl<<i:1t therefor a airlst the city
by which the sale is issu.ed,but his re,siedy in casae of rIO6pray..1e11J ehal
be confined to the esifo;rce:,r:erit Of ouch ra;:Ei� ��: r,lt,:lts3. A copy of this
section shall be pltirlly ritten or -printed or engraved on each bond
so issued,*),
whereof the said City alas these presents to be
ssigl.ed riy its mayor and attested try iti city clerk and ae:)le�d gvith
its corporate wial this F0bz1 Ylst-l9l:1,
,..T r , .,
Gl C.1
yor
(corpor,ZtG : aal) Attest sit Clerk
_..___.__..__ _. _.. _ __-.. Y y
4aatK,�a�yKwa,;,tx:w
'.'L -'he coupons at-Lached tr) s>13id bond tihitll b�: in tl-,e follo,4,x.ng form as
hear ly as; practia:- ble.
w G)n the 1st.dt.y of Yebrutai'y i,.: .151 i ;: C; I.. _ !. � -;�4� will Jay
to t lC' Ueaxer hereof at the u1fici J1 t:ie vltyl.`.'C.c'.Fi�lrl�x` the sur!i of
eight dollars, tlic so,x- beisit; for due 011 1, lFtt day upon bond
of the bonds of Local District x:0.107,01' the -Jaid
city of Velit,froui fund �o.107,und riot otherwise;
provided that this coupon is subject to t:i11 of tlxe terms and condi..
tior,:s contained in file bond to it is; ii' an -id bond
iitzllt3�1 for 1)ni.yil:exit ue;Y'r;z e, t;jc' :,, ;grit, hereof , then titin coup6n
be; void.
( ".orj'ior"i ce ".,ealx
rF # Ik ft & X x � rs x X•
of'
i.f:� [:i4t-a Oi- .`rr,~tT.......
Sealion b. Trio Git,y Glor". s;1;