2147 Ordinance - Laserfiche WebLink

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A B0~ ~~~ ~, tiia Ceaaeil has rs~,ssted the qty Lsdtor to isms his .aestiteats as , to the ~tsatsd life of ~ _. a#,~ 1+ert-y »ted at a special eloa~d.oa, p'sbrmary i3, 1435, sad Clio saws .- aatarity of aatieipatery aot~r , to be issaod is astieipat~.+ra off' tiorrerias a frael~+ra of the pacrstt~~a of sash lsa-y, sot s~seed 54~ sf flu total estimated precisds thereof aad flu Qtly .ter has aertifiod to this email s~eh estisats~ life as fi~u T~* 1956 amt 1937 E ta~c ysax~s 195 5 sad l~'" ) , a~ui has fear o~aodt. t-he sas~seat satstrity of so~ch antes to sattire aerially sad --- tially is eq~l aaetiata dmriageach year of the life of said levy, er eas-half is 1956 awi the halaaee is 195.; fBF~lz B~ I? E~-AIB~D BY TAE IL tom' T~ CITY' . , _ ~ ~ ?hat it is deesaed accessary to issas- aatisipa- Cory aetes ~ o ty. of )Berth. Elhuted is tko ~iacpal stso of ,1, a frac#~iea of the pr4c?eeds of a lorry passed at the offal eleetioa, ~bs~ery 15, 1955, ludag as a set ee of Cho fetal estiaatsd proc ads of the le~-y thr its ~ for eperatiag as~eaaes o! the Bid of Borth mated, o 7 sai.+~~ a®tea sf the Cif of Wirth fittseted shall hs isrte` - `~~ ~riaa~1 a~ et , fax the pie afereaaid, chid antes shall be o!' the !~a'~iea of #~3, sash, shall bear iaterost at tie rate ~ per eeat~t 1~' aaama, payable seal-aasuwilZy ea the first days a l~ril asst ®stoyer of sash year, be _ 1, 19 tiatil sdtmrity or._m~til the pciacipal a~a is paid prorirdsd hse~-er, that if said motes: are seld bearing a different .rate of ~atsrest than hcre;~as~re#'ore s- ifisdF, sxah antes shall bear aar~h rate of iatorest as say be pre~ri.dad for is the resolatiea axardiag the saoae ' mat this Ce~tacil h®retiy detsaes that it is a~cesaary •saaotes shall lie issaed is aaticipatioa of the csl- lsctiea of the ~aeoeseds of said leYy. ,,~ That sgah anticipatory antes in the saewutt afsresaid e~ssaed bearing iutsreat at a rati sot ess~dng three per seat C~~~: peer asset, FaT ~ aferesaid; said sets er antes. shall. be sated as of the date said note or cotta are sold, and shall. nature as herriaafter set forth sad aball bs meted is amt aaaasr as say be rsgae stsd by the ~rchaser of sa.d sets er stet: said ante or a®tss shall be eac~ecated by Cho Mayor sad s - ty- d~-tar; shall hoar 1r~i seal sf the ~aorratos•; they shall be pajrabl.e at the office of the Batieaal city Basic of C~s~s- la"ad~~ Berth sleeted ~!:[iesr iau the City of Berth tsd, ~; t>~T aaall •~cpreas apez Moir face the ptrpess f~c xhicli tho'! ~'e iastisd- aad that they are iss~led p~rsttiant to this Qrdiaaaeea • ~; That said- sofa er notes shall bs first offered at ~ - atoroot to the ?reasnrsr sad B!'fieer is a~ar~ of the ~~ sad if said Treastirer sad E~ficsr rs#~rses to take say er aa.l. of said antes, thda said aetea sot •o takes shall. be ad.,rsrtised. for public Salo sad sold is the saaaer prcTi.d~rd ley lie', ~-at set fer leas thaa Choir par Take sad accrasd iatersst; t e sets Salo adrro bid tiasaeat shall etato that say one dssiriag 1s~ ds se say prssoat or bide for sash aootes based epos t~~' beax~ag a d~.ffersat rate oS isterest Chas hersiabsfare fined, provided, hsrreo-ear that xhcre a ~'ractiwaal interest rate is bid, smch fraction sha].~ be ono-~1~'t~ of sae per coat or sultiplss thereof.-