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A1\ OR:iDI-,:\k\i~ ilroviding for tIle issuance of bondS ot Local Im-
~~ov~ment ~istrict 10.73)fixing the amount o~ such bend issue also
tIle date a:nd denominations of suCh bonds)al1d ordering t11~ dellve~.J"
of 8UC1\ bend-S...
The S:ty iouncil of t11e eity of AUburn do ordain as follOWS:
S'~ction -1.. That local im.J?rovem.,ant bondS ot Local Improvement
:Jistrict 1~o..7'3 of the iity et ^,rblirn be issued. in tl'ua mannsr and
form. :~rovid.ed by Ordinance ~o .26-1. of tIle ordinances of the e i ty ot
AUburn relating to t11e issuance of local improvement bondS for and
on account of t11e cost and ex~ense of nlaking im]lrovemen.ts Jrovided
for by Ordinance 1\0.-522 of the ordinances of tIl.e 6ity of AUburn
creating Local Improvement :iistrict -00.73 of said ~i ty e.
lection 2. That the total amount ot said local improv9ment bondS,
to be issued. as in thiS or'.!inanc9 ,rovided) is hereby fixed at the
sum of , I....J. ~ 9. ~'~ . said sum at $L3 ~ 0, ~....'t being tile amount ot the
cost ande~oenSe~of mal<:ing the im}itovem.ents under the Jrovisions of
said Ord.inance -!~0..522 remaining unpaid after -Sovember -17,19214-.
$ sction 3- That said bendS Shall be 1ated liecember '10,'19214-, Shal:1
be in 19nominations ot tJ 0\) OQ.. each exce1t the first nUmbered
01' sai1. .0oo1.s W:'11Ch Shall b,e ~n the sum of $...1 '10. !J--'1 ,Shall b'ear
interest at the rate of 7 li2r cent -per annum)]layab19 annually,and
Shall have a~tached thereto interest couJons for eaCh int?rest
payment.
Gf:ctlon If... T'nat tile ilty I19rk of tl1'Z \iZlty at AUburn is h~r~y 01'-
~e1 and directed to cause to be printed such bonda of Local Im-
provement District -'5.0.73 and. that, u}?on execution thereat in the
rrJann,ar ~r8scribed "bylaw and the ordinances ot said city) said
lity Il:lerl<: be and. is herebY authorized to sell said bondS an'.! de-
liver such bendS to th,g purChaser or :purChasers thereot Wtlon J~Y-
ment to said city ot the amoUllt or amounts ot the ,rinci~al ot such
bond or b011S, together with j1lr'3miumB an'.! accrued interQst) it any,
and t:n.a t thereUpon tIle warrants ot said Local I~rOV0ment Jistrict
.~;,o_ 73 be retired)and that said lity Ilerk be and is alSo her-ebY au-
thorized to sell and d.eliver said bondS at Jar and accrued interest,
it any in exChange for and redemption of the warrants drawn uJon
Local im~rovement Jund,~istrict '~0.7:3,of th~ local imF,roVement fundS
of tllS Qity of AUburn)remain1ne unJaid..
Introduced and ~assed. -~ovember18)~92lf..
A}~J?roved. -;\ovem"ber -18,192lf...
/
A t test: Ii ty ilerk.
A~Eroved as to for.m.
~~.I\l~.v..J --->hty Attorney.
PubliShed \\ovember ~4-192lf...
:Mayor.