4626 - 49 Issue bonds to improve Plover

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P~e #2 interest thereon until both the pr! _~_ipal a~d i~er~et of laid mote are fully paid$ and interest thereon. a~ here~ i~vooab~ pl~ fO~ ~e ~nt ~ ~ ~e of the ~$ ~n~o~ ~s~t~d aS ~t~$ty~ ~ ~co~ ~th ~titu~on ~ ~ $~ ~ 0~o0 T~t ~n ~ oa~ ~ ea~ ~ acc~ed i~ereat~ a~ t~ p~c~ f~ the ~le ~ ~ ~ payme~ of oaid ~tieipetc~ ~te~ ~1 ~ p~ In ~e ~ to ~ app~ for the pa~ cf ~i~i~l ~ i~erest of maid Section 6. That for the purpose of providir~ th~ necessary funds t~ ~e~st on the fo~ ~ue of ~n~ p~ due a~, ~o, ~ ~e a a~ ~f~nt ~ ~ ~ ~ ~ at for $~ ~e~r e · ~ for ~h ~ ~: --'~'"'" ~'~,v .~. ~ieh such ~s ~ ~ ~ ret~d. Said t~ general ~ses ~ ueh of ~id ~o ~ oe~ied, Sa~d ~ s~ ~ pheed ~f~e a~ in pr~o ~ ~ ~h~ l~ ~d ~oF the ~11 ~u~ t~. ~ fu~$ derived f~m ~d t~ ~ h~ ~ui~ ~ f~m ~id ~cAal ~eeas~ s~ ~ p~ced ~ the ~ R~m~t F~ of the City ~ ~od in a ~ate ~ dieter f~, ~ich ~hor ~th all l~erest collect~ on ~e~ l~ ~ S~ooa~ p~ ~e~lon 7, ~dd k~ o~ ~ f~t ~f~ to th~ D~c~r ~ Fl~c~ of t~ Ci~ of ~d a~ e~rge ~ t~ Treaty l~f~nt Acacu~ ~d ~ Men ~ ~it officers s~X ~ ~ised ~d ~ection 8. In advertising said bonds for sale, the advertisement sbalX state that anyone dezirl~ to do eC ~a~ present a hid or bid~ for laid head~ Based upon their bearAng a different rate of iatares$ than herein~efor~ fixed, provided~ however, that where a fractional rat* is bid~ ouch fraction shall he one-quarter (1/~) of on<~ per Cent (1%) or aultiple thereof. Section 9. The Director of F~n~.~e ~ herel~ directed to foreard a certified copy of %bi~ ox~,dinanec to the County Auditor. Section 10; ?h,~t this ordinance shall take effect and be in form upon its adoption and approval b~ the M~yor~ and at the earliest period ~llo~ed ~ AdoptedcJUlyS~. 19~2 ~ Approved, J~ly 6, 19h~ ,, A. I, Eauffman Wm. A. Fairgrieve "PreGi~ at of Council'" H. A. Rees Cl~rk of Council