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<br /> ( L) <br /> ;:4., .- <br /> ORDINAUClfl NO. 2041 Dy :Mrs. Ga.xton <br />A~' ORD,1;,NANG,E 4o"i6!11~Utrg tundø tQ be crec1;1,hd with <br />prOCO¡¡d$of' aMa of Jr".'<11 $l1tatø. (CtH:>nar Wl'u'¡'OI1 ¡~os.d <br />and Dlttrì)1t StrøeÜ; <br />VIH~A$, mone,. a.rh1ng frOrl1 the sale of relÙ estate <br />bølongl~~ tQ \he Oity ot~&kewOod looated at ~le corner <br />of Warr.~ no~ änd Detroit street. L~unt1ng to $~6.400.00, <br />hal) been pa1e!. to the Direotor Of Finanoe, and <br />:~"~>~~, laid pr~perty w~ø açqu1red by an 1saue ot bando <br />dated tlecømbor 1. 1911, ",'':'Jounting tc¡~l~,5'QO.OO. belU'~ng <br />Lntere.t ät4*% m~turlng Ootobor 1, 192;, on Whióh there <br />is now1u the \'IirJt1ng tund $9300.00 l't'VaUa.ble for ret1rœnol1t <br />of åa1d bonds at tJo.turit,.. loo.v1ng a t¡Þ:lanoe unprøvlded 1."or <br />Of $6200.00. <br />TmmEFOn¡¡¡, B't 11 OHDAI1UI:I) by the OottnQll of the Cit~r of <br />:t!Ù(ew()oà., Sh.ts of Chi ); <br />SeQtton 1. That from the proceed/) of tÞn QaJ.e of add <br />property ~t the öorner of WBrren Road nnd Detroit Street, <br />th~ Direotor of Finance .hall transfer to the trusteos of <br />the ø1.nk1n{; fund to be ap'PJ.1êð. in pQ.y J6nt of the unprovided <br />for principal and interest of ~,a bond 1001.10 with whiœl said <br />proper~ was originally obtain~d. tho sum of ~7'9$.OO. <br />Seotion a: That the bala.nc:e of the prooeoc1nt:rom the sale <br />of 8uJ.d :property shall beored1tød by the Direotor of lrinMoe <br />to the Munlolplll Site Fund and sald sum. h hereby appropriated <br />for SU¢l purpose. <br />secUonlJ j; For the ¡'easonr,¡ etnted 1n tÀ'~ preat'ible thie <br />ordinanoe is de¢¡~red to be an emergency me~oure µris1ng <br />t¡-Otll the lleoeolUty for providing for tho usual da.lly opex'v.t1on <br />of the Deprlrtment of :FinanCe r1ro., therefore, øhall be in full <br />foroe and effect forthwith and at the el~11eut period alløwèd <br />by ;LtiI,w. <br />Adopted jf,'e.l~Zth. 19~~, <br /> , L. A. Hildie <br /> )'Jreddén:¡' , <br /> A. o. Guild. <br /> ...... _u ........_""..~ <br /> lark <br />App:r,-oved: L.B. Hi~L <br /> ~()J' <br />-..........,- <br />