2044 Ordinance - Laserfiche WebLink

Home Browse Search

c~nlx~c$ ~o. ~ ~ `~ `~ BY: i~r. ~~~~~-°~-'~ Z- Ali ~l;HIBAliCI~ TD PBAYIHIi Ft~ T~ I33G (lp' g4Tli~ .Ili ~IGIPA?IQ~' -0F T~ IiTY E)h` ~~CIAL .AS9~~~TS AIiD Ig lli'tICIPATIQii 4F TriR~ I3SIII~'r ~F Bt~iD3 I8 Ali'TI'ATI41i 0f TSB Cpli.~TIQIi t1p' 3Pl~Illt. •$T3 l~ ?~ IiQ~RC-Q]i~ISIiT tdl~ ZAIiI~ ~ ITS l~TIB~ 7.lil~?lid ~ Ct3pd3'ItiiCTlliG Ili A ilT/lT~II- lillIli. T~Phereas, the C'etti~ail ®f the City of l~srth Masted has heretofore, by pr~tpsr lsdslation, deteraiasd .that the ia~o~-eseat of Lewis ~r3.Te its entire leti~th, by eenstrueta~ thersi~a a xater ~aa~ is accessary for itihs isotedlats pr®servat®a of the public health, peace, safety and relfare, asd l~ereas, this Cotiaeil aoateaplates the use of ~l$,~~.~ for the pro~rpese cif paying the portion of said isprareaamt, xhich is to be paid by assessaeats. ~t~ ? BL I'P ~RliAt~D BY T~ CfX~iCIL EiF TIiS CIS 4p' ~4~TH tkti[9~RRH, $TATB OF ~3HIil: ~~~ ?hat it is hereby deelsred aee•ssary to issre bonds of tl~ ty ® orth CrLasted is the principal stir of ~1~~.~ f®r the purpose of raisin; nosey is aatieipatiea of the ao3,leetion of special asssssaeats for the apareveaest of I.®ai.s pmri'e its satire lea~th, by aeastractia~ therein a ~ratsr aaia. ` ~~,g~„.~2...~. ?bat said beads shall be of the dsa-oanati®a of ~l, .. .sas~~ ssQe~ Bead lio. 1 ~rhieh shall be of the dsaaaiaatioa of ~1,+.A®, shall be dated Affil 1~ 1955, sad shall bear interest at the rate of not to a:eesd fotir (~~ per cast per aaatia, payable ae~a- anseally oa the first days of April sad fletober ®f sash year tistil the prsei~pal stia is paid, sad shall asters in tea aaamal.fastallaeats after their isatiaace. +~ That for the parpess of raisiad sassy is anticipation ®f th~apeeal assesaasats sad is aatiaipaticnt of the ssuana• ®f bonds is saticipatoa ~' the celleetioa of special assessaents for th® 3,ttpac~oveasat of the above aaaed strebt by eoastrua~timd therein a water a4s is aeeerdasae rr~.th the le~isla#ciom haretofwre passed by the City tle~~3~ ~ respect theret© to pal the property erraera ~ share at the east, #t~td ~e of said respeetite 3~apreTSaeat, it is hereby deep nseess~g- to 3~ssne sad there shall be issued, mote or n®tes of the "~ifg of berth @~sste~at is the spa of ~1.S,J~~®, xhich shall be planed to the credit of tla ~s~ l~riTe ~thter Iapretuaent lead i~a the aaotiat of ~18,.N~ - . gg~~ Shat sash anticipatory a0te ar sates is the aaotiat afores~a~i be issued bearias iai-terest at a rats not ez~aeediai fotir per asaat (~~~ per aantia, payable at the aat~erty ®f aaiA sate ter sates; said na-te car a®tes shall be dated as of the date said sate or sates are sold,, sad shall. aatars on ipril 1, 3.95+,; such nmte o r na-t~s shall be exea~eted sad deliYered s- sn¢h aanaer sad such deaceina- tieaa as nay be requested by the purchaser of said amts or notes. ditd sots or notes shall bs ezientsd by the ]f~ayar sad e- tyvditor;, shall bear the seal of the corperatioa• they shall be payable at the office cif the liatimaal City of ler~elaad, ~®rth ~atsted office, ia~ the City of ~®rth Qlasted, ~bo; they shall e~cpress open their face the ptirp~,se for xbich they are issued sad that they are issued p~trsnant to this @rd*aasce. v ~ ~ a ..- ,v`` ~ to ,, ~~ ,.r ~. ~ ;?~` '' a