2039 Ordinance - Laserfiche WebLink

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' oe o All asaeaanenta collected far the ~aaproveneat at'r~re- aaid an ttAeacpended balance reaaiairnd 3aot the fend after the east and •~cpense of said aproTesent has been paid shall be applied t@ the payseat cf said nc'te ®r Hates and the interest thereon nntil bath are fnll.y previdsd for. t. ~ Staid note or notes shall first b• offered to the ~easnr-er o~-t a City and se aany of the sass as shall not b• takes }~y said City Treaanrer shall be sold at porTate sale by the City Auditor, bxt for n®t less than par sad aecraed iratereat, and the pr®eeeda fr®a agch sale, s~ccept any pre~at®a and ascraod interest thereon sad th® as®~t thereof necessary far the patent of Merest prior t® the aatnrity ®t said note Ar notes shall me paid late the proper fend sad need for th® parpoae of®rsaaid and for no other pnr- pose. Lny prea~imA and accraed interest sad the aaosat aoeeaaary for the payaeat of interest prior to their aatnrty shall be tra~tsfrred to the dtakixt~ !'mod tm b• applied in the palaent of the prfacipal and faterest oa said sots ar Hates in the aaaner preTided by latr. -~t~~ Said acts ®r netea shall be the fall, ~,eaeral ebl~a- tic~aaa o s - ty . of forth Qtaated aid. the fell faith, credit and reTeaae of said City are hereby pledged for the paroap~ pairaeat of the seas. The par Talxie to be receiod ftrree the sale of b~da aati~*.#.patod by said sofa or n®tea and any eaocesa fend rean,2.tias free the iaanane• of said note er Hates shall, to the extent aosassary, be nand Daly far the retiretent of acid nets ar notes at aatnrity, together xith interest there, and is hereby pledged far each perpose. lm the sTent that arch aaseaaaeata are not leried or boaar® t 3~aaned to pr~nride a faced for the paynsnt ®f aa~i note yr notes at aaturity a general tas~ shall be 1•~ied agafatat all of the property of said C~ty fc~r the payaent of said ne~t• or Hates and the Interest thereon. ' on ~ rho Gty Clerk is hereby directed t® fox~rard a sett - s copy of this ordinance to the County Anditar. gig®~~ Thi~;s ordinance ire hereby deslarei to be an omsr- gency:aeaanre, a eaergeaay being that it is necessary f®r the mediate pressrt-etian m-f pnblc health, peaeo, safety and welfare, and to t~orraa aoaey i~sdlately f®r the aeeeasary apre~eat of a City street that this ordinance be passed at Dace and shall tak• effect amd be in f®rce and effect fray and after its passage. ~TT$s~: . staaa, ~ - sat ~~c~ es . a ~~ ~~ ., ~~ ~,~ ;~: 4~' ~.