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F4Jd. thiS p???erit Vl' su :?.,.d p3. inc$pal ibi#d sfiid I;Wji'47F1 eYit iYoupo&iiRP
<br />Gheretv ????chod,, ttie fu:3.l ?ait1a azc? cr??lt of the Council c?? ?liq
<br />Villuge of North G1msted 3 n hereby plodged.
<br />s,. . ,: ? F?r the purpose+ of` prov*id?.? tt.o nepc?razary ??v"??s ?,o p?y tho
<br />lf:4,.?'19ir*S F wP? the fo+F?o$?Ong .L?Ri.?UAe '1.?Aa iiiW.#?#dfMi Y?..?.M7tiYff?v?1+ly ?`'hs??44 R?,ns4F aoA the s&mo
<br />+i4call$7 dM74v*. "d alxSV M? proi'.hde & fond. wYuA:+L4J61p'iei'wi,t tvi VfiiYi.hM#.ge the said
<br />seria:1 bonds as maturityp f.,.er? ??al:1 ?e &na is he???by levied p? all
<br />??? ???able ,?rop???y in ttio VSi?ago c?f North Glasted, a x41r+??? ??x
<br />unuu,klly dtjri?g the period sui?? ?????? &r? ?? run,, I.n an asour?? ?uff1.-
<br />4i.9nt iYV prVPid.e auuds t!f pay iiitoi.eat Vf,?on N"AIi4d i.+S..+i.i4dii as 6idrd winY'.3? the
<br />suas fblis duo# und alsc? ?o provltf? a f?d for ttxs d#.?char?? of the
<br />? ? rinci?al of s4i? ???iii1 bonds at maturity, which L&x atiall noL be
<br />esb tnan the In?'rel"e$t and, ?inl?ing fund t4x T'oquired by ?t$?8?.'`tlon 11 of
<br />AX"tit:.le Xil o? trio Cou$t$.tutlota.
<br />*??.l° ` 3 • S+ai.ld '?ax shall be &nfi? Is 4IMreby ori?eredo cEiaputil?* cArtl»-
<br />flo s , ev od 4ad e.1Ctended up.on '??? ??? ???liciat$* ?'tnd colletted by
<br />tI?e same C3fi iCer in '????? ??me y s?+?iX1?eY' ?y3.d a?. th?°? s?5m?+ ?:?c? tI"??t y. t??xy.1D:i
<br />?yr4?F {15.ro ?I"er?y? 'Yi?p.t+W.ied¦ *#Von?INod
<br />f3fll! goneA1al purpo$iies ?f?Mr W+??O"MMA`: 1iiO sai"11K y?ei?"
<br />l o
<br />i?cJ¢J?tL iYV1,,l3.'lMictoY• 4traiR?''L.. ?i1aJR, s?difll b&¢= plaEt'?iYM befoi?e QOtnd iWpilott3?#?tKY'i?W ?Y
<br />iaR.IFwk ily'?lt=Ne+?? iteiMss iTaTW. fV.7? the ??WFli mikT?t ?jb?$7?k6i/fw ?q AL-?Se lifk?dIFf dolYI?l??
<br />troa such t4x 1??? ?s hereby retiuiro? ??tl1 be placed i? ?? ???? a?rut+? and d?. s-
<br />tinct ?°t?o *?°.?.c?ip ?:og+?th+?r ?°?.tit +Ltie int+?res'? coll+?ctec? on ?.??e
<br />at:?all be 3.,???????bly pledged for ??e p???nt of pri?cip4l trtd
<br />i?????st o.f ??i? ????? when "rid as the sL:?e fall due.
<br />a' ?. , 6 ?`he sui?,? ?at?ds Shu1?.? k?.?.,?r??sa u;?on ?.????ir ?`aeo tti+? p?ar??os+?
<br />?? ?? ???y tire ???? ???y aire i???sd in pursuzzce af this
<br />ordinunco an? ?hall be signt?sar? 3??r ti.e A&yor $a?rd C?.6rk,? and sea?,ed with
<br />?MNo coi p4Ir4?^?9/?Tii Ywioul L/+?k s?Wid *?,wk1iige! ;?he in?IFoA 4ib"4if YrtifupMns Q17k AJL1wnod
<br />tV said b1YF?ds *bull bear th'. ia+??imile signatvi? ?? ??? ?il1.age Cle.iit.
<br />Sa3?d boad? ??ull borr ?auch. eoaasecutive nuab??? ?? ??e Village Clerk,,
<br />sha1l determine,
<br />S ,, Tti4t sa?.d bunds sha?.1 be first t??`"erod at ??...r ancf ac?crued
<br />?a a?.os ?? ??e Traasurer ?? ?fficer i,? chazge of tho Sinkiz?g Fund
<br />und lt "id Troasrarer &ud Ot`ficer refuses to t??? any or al1 of ?aid
<br />boodso then; ?4i? ????s wt to taken sh&ll be adve,t,? sed for publ5 c
<br />sa1e anc? soid in the aannor prtavided by law,? bu? ??t for 1es:? th?n
<br />their par va1ue as?? ?ccru?d interest; Lhe bcad sul* 4dv+??tis+??ent
<br />shall st??? ????? any un? ??si??ng to do so, may pr+?sent. ti bid ci- bi,d?
<br />??? 6ur:h bonds based u;%a? ??eir be-aring u difserez?t ra;t+? of 1nterest
<br />ti?? hersinbstore fix*d# jsrovidody hor??????? ???? whore u frectiontl
<br />interest rate i;? bia, 4uch fruction, sha13 be one-q*arter of ??e por
<br />??t or xW-tipl?? ??erooti the proceeds froa tho su,?? of said botadap
<br />except the proatium antt accrued interest sh41l be used fc?? ???e pttrpos+e
<br />aforoa4id and t'or no ott,or purpose.
<br />6 , 7??t?, '?.a.?.ag?c ?:1e?'?k 1s tao?'eb?' d?.re+??.ed to forw4?^d t? certi?-
<br />ed ` copy or tkiii Ordinauce to th. County Audit+pr.
<br />'Ibis i3rdi"-nce is L+???by doc1ared to bi? an smargoncy
<br />moasure ?ocovsar;t t?? the publi? ??ul??? ??? eo anc? ?bf??? ???? ??
<br />??ovide i.med#.ate1y for tti? ra1sing c?? ?(?ey tor the pvrcha st of
<br />mc?tor °?*hiclos noo+?????l in the oper4tia? of the i?un3,cipu1 Bus I.ino.
<br />passed4 April 17# 1$):?l
<br />?? test:
<br />??? man, Clerk l.?re???; v?7tt,, flayor
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