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A"_; OI'J)IYA",:J'll :providing for the issuance ot bondS ot Local Im-
:provement ~istrict ~o.69)tiX1ng the amount ot SUCh bond 1ssue,
also the d.ate and. denomination 0-1' SUCh bonds,and ordering the de-
-11very ot SUCh bondS.
The f1ty 'ouncil ot the City ot AUburn do orda1n as fOllowe:
flect10n -l. 'rhat Local Im}rOVament :Bonds ot Local Improvement
:J1str1ot "\S\o.6'1 of the lity ot AUburn be issued in the aanner _,
fOTlll ~rov11e1 by Ordinance 1~o..26-l of the ord1nances ot the 11ty of
AUburn relating to the 1ssuance ot -l.ocal im:provement bondS for and
on acco'ttJ'1t of tl1.e cost and eXJense of making im1rove!nents Jrov1ded
for by ordinance 1\0...513 ot the ord1nanc.?s ot the e 1 ty of AUburn
creating Loc2l Im~rovement ~1strict ~o.69 of said city~
i~ction 2. That the total amount of said local 1nt~rOvemant
bondS, to be issued. as in this ord1nance 2rovided, 1S iH~rebY fixed
at tIle sum ot *--L1 .3Jl.O....~o. . ,said sum of ;-LJ,<tQO.'o...
being the amount ot the cast and 'expense ot making the liijrove-
ments to be mad.e by the :@rov1sions ot said Ordinance ~o.51-3 re-
maining unJa1d after "joVember, -17,1924.
s~ct1on 3. That said bend.S Shal-l be dated :Jecember -1.Q,192lf.,Sha.J;1
be 1n 1enom.1nations ot *l.Q 0.0.0. each exce)t the f1rst numbered of
sa i ~ bondS WhiCh Shall be in the sum of tJ 0 0.. ~ p , Shall bear in-
terest at the rate ot 7 ,er cent Jar annum,]laYable annua~ly,and
Shall have attached thereto interest couJons tor each inte:rest
:payment..
.ect10n 4. That the 11ty tlerk ot the .ity ot AUburn 1s hereby
ordered and d1rected to cause to be ;printed SUCh bondS cd LQcal;
Improvement ~1strict ~o.69 and that, llJon execut10n thereat 1n the
manner Jrescrlbed by -law and the ordinances of sald city,sa14 .ity
'lark be and 115 hereby authorized to sell said bondS and deliTer
such bondS to the ;purchaser or ;purChasers thereof u:pon Jayment to
said city ot the amO\lnt or amounts of the ;pr1nC1Ja-l of such bond
or bGndl, together with ;premiums and accn.ed interest, it aD\r.and
tbat thern)On the warrants of sa1d LOCal. IJQrGTement ~1str1ct ~o.
6' be retired,and that sa1d .ity '.lark be and is aleo hereby 0- .
thorized to S81.1 aru1 deliver said bcn dS at ;par and accned 1nt,8r-
est,1t any, in exchange tor and redem.ptlon of the warrants drawn
l1.Jon Looal IQrovement ftnd,~istr1ct 1\0.6', at thel-oca1 im.Jrov_ent
finds of the .1 ty- of AUburn, remain1ng Glaid. .
Introdllced and ;passed ~ovember -1;S,-l'92....
'18. "l92Jf..,
Attest:' -,.lty '.lerk.
AJ:proved as to tom.
~~'I\~M.wI. . . _..jl1ty Attorney.
PUb-llShed l;oVember ~ ..'192Jf..
.. Mayor..