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HomeMy WebLinkAbout577 ~ ~ ~ '~ o.il 1'.::: . 1'';'' ~;!~ f\';, "7"'""',;..... ,~ ... .-,~... -~. >'l i':.' "., .l...- .~. ~ ~;.... ~ o'!l ":lo 'lt~I 'SA "),C :I ~ , . '577.. olt_,,_._..___,,_._. . - . .. . ... " IIf, " i:I~ A"'i;. .nI~A~C:I Jro,idin& for t:ne issuance Q~ b€mdS Gf Local lIil- ,~ ,royou(.1nt :aistrict ~1)..7g, f1x1~ the a.ount (if SUCh b"'oOO issu.e~ also tlla dat""' and denQ-.inatiQnB &f Such bon d6,an~ ord.ering dellyery Qf suet!. bondS. "" ~ ~ '='" ~~~ i'1ction.:-4-;' That the=C-ity C l~rk Qf......the C.1 ty Qf A,(burn is hercl)y ord.~r"~d and directed to ca-~s~ to' bO Jriiited-'SUCh 'bQl1:def 01'~.Local' D111TOVe):"'l'1t J1Strict ~o. 78' and that 1 upon -exec'J.t~Lon thereof in the Il1a:rll1.~r }rescr1 bed. bY -law a:Lld.tll~ or1inanC~f3 of said. c+ ty ,.said City Clerk bP. and. is herAby authfir1z'1c1 to SP.ll said~bonds and d.9- liY~r such bonds to the purchaser er purchasers theraQf ~pon pay- JtC'nt to said city Gt the a.aunt Qr aaounts of thg }1'inciJal flf SU6'Ih bond. or -DcmdS) tQ~,ethel' wi tll prsJ.li\UiS and accr-w.ed il1t.e.rE'st, if an;y ~ and that tl1~raupon the warran,:ts Qf said L0cal IillrOysUent :Ustr1ot bP rt:lt1l~ed,alld that said City Clerk be and is llereby als~ al.l.t:r~Qr1,... zed to sell and. d.~~iver said bmds at Jat and accrllied int""rflst,ii' any) in€Xci:lallie for and rC~d~Jilption of the warrants d.rawn ~ u}cn Local I.JrGV~~ent ~nd,~istrict ~o.7.8,of tfle lQcal ia~roYe~ .ent fundS ~Qf th~ City €If A'lonJurn rel;taining u.nJaid... Illtr@(1uc -,1 and paBs ~d lLarch 3,1'2.5.. AlI)1'o,{ d.'MarOh 3,-1'2'.. '..~ ". f,.. .= .. ~. ri ... ~ The City C OUTIQil "f~ the City of.' AUbU1'11 do Qrdail} as fQ1IQWS: i..... ctiQll 1. ':Chat le~al iapXQVellent bon Cia of L.cal I:K}rOyeapnt l10t;:ict ~o...78 Gt' t:ne City G~t ~UP,lJ.;:lL)ei~s'3e_1 in the llal'U1.Q.r and f4trs: p-rol:i'd~d by O~Clinanot:c ~Q.l'2'.1 ~of' the Qrdinanct'a of the C1 ty of AU'ourn l'91ating-. to the issuance Qf l~cal iD.jrQveuent bonds fer and on accou.nt of the cost and ex~ense of >>al<:in.g ili~l'{lY"1.ents ,roYidea. fQr .oy trdinallC~ :~Q...53.5 elf the erdipnc"lS G.f the City Qf'. AUburn cr~at~ng LQcal IUJrevemertt ~istrict ~G.78 of said City. ~ ~ , . ,.;"! 1'~ction2. That the. total a.ount (if said local i:iJ.~l~QYeaent PQndS to b~ issued ag in this Qrdinance JrGvided is hEtl;e-oy fixed. at the gUll of .&z',~,..1J.l") said. SUl'A. Gf ,8*,.,~,,1f.:L being th~ a.JlouIlt fif the c(jst and exjensf' of Iakirl,f; tIle i.Jr~ve.ents undel: the JT&Y1S- ions of said ~rdinanc'f! ~Q~1O..535 reJllainil1g unpaid after J€rcruary ~l) 1~25.. ~ ,,~ !il' ~'- ~ ~ ~ i~ction 3.. T:n.at said balclS shall b~ dated "ua.:i"Gh 17,'1'2!5ffHlal-l b"g- in 1eneninatHms C)f t21G. eo each excelt the ~ir6t nUllb~red Qf sai(1)Qld.S vrni~h sl'.l,all 'be in th? SUIt of ,,4,1J.l,Shall b"ar int~r~st at th'~ 1"a te of "seven Jar cpnt }tcr anU"\Ul payable annuall.Y) aJ;~d Sl1a:ll 'r.Lav::'~ attached thr--retQ intel'''!st CQu:p4ilna f~r each int[~r"'at JaYllent.. I." ~:::::;; !r At.Vst: ~ }fayor. C i-ty Clerk.. AJJrevsd as t~ fQr.. ~ ... ~ . ~A~ ~ __,City At~"rney. P~bli8h~1 ~~ch 5~1'25," . _ ~ '" ~ ~ .......... i;, .- .~~