|
<br />ORDI.?AI? bC. ?? ,?
<br />A1T (7RDD1ANCE 2U PRMM 1K7R TJM I88t7ANCE OF KO`1S8
<br />IN AMIRCIPATICAI 0IP M LLrYY OT 6PECXIII- Aam"
<br />ADiD IN AYTICIpATI(X OF TlM MUAD(CS W BUND6 1O PAY
<br />2NE C062 Ol?' MWP4VIN GARS,t'N ? D[ ilii CITY (w
<br />DiQm 0MM) fY GQiSTlqIC?I1 -1 BUIApC 8VA=# AIM
<br />Mt:IARIN0 A11 SMP4=CY , I
<br />WBEREAS, w'tur altthority of 4mimmm lIo'. 6e-50 Dsf?ea 1anumT iti' 19ft, •
<br />SaMrr upvwou,L Asa"Mi'nt Mau i.ri the peimiPal oaurat ot 4ooOAOq 1iv iNwd
<br />faar the pasVoM hereinR!'l.?r slsaQ, wd at itv? se1?oti1w oti reb,tussY 1, 1963 w
<br />nttrid lrs t2* pe'oawft at s tanaml rwts nt tht @mount a! $1,300p000 da1sd
<br />ftbruary I, 1963, vhich rrrwral nilw L tn Um aboat to fail die fmnd
<br />WIGUtWi, a.3d:tiarul t1M rtll be iogtiiftd to amablt ttr City ?c? ts
<br />oYOrqOat34a ? Qhs / fin?ebd td?i?r' t.o t?h* ?-
<br />toe? mtdt.a1MV? !2*ba?dmto p?rratly. t4?rL/n? twM -0 ?, imato
<br />pr?rw t!r esediE of t?+?t Ci?? it is ns?t?r to Lw?e s?or na4r to mtiire suct,
<br />attatand3.Zw ncate,, and L2x mtt}ril.y th~ riSl 1'all trithi.n the &4xrs&ab saturity
<br />period for 9aab naEe 1.318obtt41668 of i'!v* yw?rs Y beYtified 1y the fLcal u!'ticesr;
<br />WHP.:FJAa o Cw?nc 1I 1'1n0s tbat aiddit ianal. Co/ta s to be inc3hde d, in mK6 aneesament e
<br />vn lerled, Lave sccumulat?el in' the @Maunt of =60`004, al.l +u ML terU in the
<br />celtiticate dated 19M of t.8e Dirictoe of t3,xoacs, and
<br />that in order to m? the sstre • oa o! such levy of asmanoitts , it ir rnc*ssar?,
<br />to boY'taM &ddStiar?a2, l4n4s in t.be a?oi?t o! jb00000 eu a.part ot t?e ?1ots finartci:ae
<br />trre?n providad forj
<br />NQii TEE[iIYUfcS Br, IT CRLY?IIM BY 9HE OMICII. p? 7im aZ`I'X Ur 11Clt1? OUNTSII,
<br />CHZO s
<br />3tction 1. '1'!xL it is dared znsowMSy to iNUs tionAs of thi City of Ilortih
<br />OlarUd, in the yrinaipal auo ui.$1#360?000? in arlticipaLim of 00 oa1leaEiaon of
<br />spmial aNramen+.a and the iMm"ce of bvada to pay the a--Mabl? portion of the
<br />oo/b of eoruitruetiAg awr,itaty sonerO in o!='bain atreoU dMigtwst.eQ tn Ordtnance
<br />xo. 64+5 aSosyreaiQ and carpari"d in Ccrxt=,aU k, 4 Ai g, 6 and a.
<br />Sectim 2. That saiQ bonds f rhaLl be • dated sp¢aociaat,e]tiq Jamiaty ls 1965, *teull
<br />beat iiit.etwt at the eitiiitwd ratq of faa!' Per oanbtm (4) Pa' ummi pw"lo
<br />?Sa?nsa].ly until tht ptincipa2 aus is pailj a:td shm,ll mttlre in brrnejr (2D)sub-
<br />sttntla1)y eqnil :n:rpal inslallaMrto at'6e! ''!'m!r iMwme.
<br />SeolUa 3. Tbat ;'oQ' the POW'D06- cd Ml"ni Softy ta antiaipa'riiaa of 'Ehe INUanc•s
<br />of t.he at'aehaaiQ banM1'tcu' tbe abcn4 derasftod !xfmvr¦rsrt inaksdttg Ndttiona
<br />fimmins +aof" in eomAatun tbwokth, " u P,y aat lA!='r aait agwlas note
<br />SMft* dat.sd Fobnory ?, 1963 s it i ts hore0y 4MlarNl n6081080Y t?o: 3awO 4rd tlere
<br />iall br i9swd natM ot Naii City i? ?fte P-tsaipai .40ount at $1060#000.
<br />?
<br />S!0'41aes k. That mush aaticlpftORy mom lp ?Wwapt aloQ'sia.tQ Osl.l bM,r irrtez`p
<br />r
<br />at waft laus, rd! 490004ft t~ y?l?' ?lro ) '?,. ?m1" ? t2x? 1?y t•hs
<br />Di,?4tor' of Fi?noi in hfi iMat'!l'O! uc? ? ,/IS?s? /qq?h 1?z??1ws 'bo be p,y?bit
<br />at mburilty. 8qah aoty Miall bs d1bad POrmW l, 190?s aps,ll ba in suah 6snaat-
<br />nstionr 04 t.he pmeowAr aA1? rsVMl, arA rAall r1we m oe betare lrbrvaW 1, 1965.
<br />A"tion 5. /voh no0n duall De 48"Obei %p? th+t 1ip?at a" Ddnataor of ritnraos
<br />and beer the aMYl of 32e oar~ivn. , ThaO? do?li be -payrwAle 1tt t2yt Main Offiar Of
<br />
|