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HomeMy WebLinkAbout557 ''"':~\<'~;-'-'~,'' "--J>:~:-c"~~~'V~~ ,.'~';;~ '/' '-;-'~~~-~">;'L._ y:<" "=",>,'~'c~~~,~,~-_:;~:~-:'t'~-~,~,.:.~ -;'~?~:,r~\>W:~?i~'t~':,~~~:~:: ~ .:..\- . . :lr '...,,1" "I . ..t.. ..... ~ o R :e I -~:, A \~ . ]; "0 0 . 557.0 *-.-----.---.-.-- 8.....-... Ai: OPJL:,.AY\~l: ,rovidiu::; for tIle issuance of ban de of Local 1m- llrover:1.ent Jistr1ct "fio.72, fixin:3 the amount of SUCh bond. iSSu~, also ttvC' 1u te and. denominations of SUCll bondS, and. orderin.[; tile deli verJ of SUCl1 bon 1S. T1l? City Gounc11 of tl1g Gity of AUburn do ordain as followS: section '1. That local im~rovement bondS of Local Ilnprov~ment ~istrict jo.72 of the eity of AUburn bO lssuad in the manner and torm provided bY Ordinance -:00.261 ot t:ne Ordinanc?s of the '1 ty ot AUburn relatinG to th~ issuance of local im~rovement bondS for and on account of tIle cost and. ex-pens'3 of making improvements Jrov1ded tor by Ordir.anc'3 1"'\0.521 of tIle ord1nanc'?s of trle Ii ty'cit Auburn cre- atil"lg Loca.l Illi;rovem':mt J;.:istrict ',:',0. 72 of said e':ity. 'action 2.. That t11'i:'i total amount of said local inlprovement bondS, to '09 1861' ~cl as in this ordinanc::! prOVided, is hereby fixed at the su.m (it t ~~ <6,..., ~~ said 8um. of :~14~1~ b~il1C the amount of the cost and. r,~X:t,.t~ns'3 of lllilking tIle inr2rovsments und.er tIle ~rovi610ns of said Ord1nanc::' \~0.52l r!:\1~in1nc unpaid after -':;oVeI'lber -17,,1'92 4-. i ~ctlon 3. That said bcn d6 Shall bf~ dated JJ€c9lll.ber -lO,'1-<)21J.,Sha1'1 be in dGnorail1ations of * { 00. o~ each excel't tll'~ first numbered of said bendS WiTic}l Shall be in tIle sum of *:1..I~.~~ ,sllall bear in- t8r''''s-:: at tIle rate of 7 l',9r cent }l9r annum,]layable annua1-ly,and Sllall Ilave at.tacl1~1 thereto 1nt'2r:~st cou1Ions foreacll interest ~aym?nt .' fj::ction 4. Tlla~ tIle aity ~n.;:~rk of tr.l.e ~ity of AUburn is h.e"rebY ordered and directed to causq to b0 ~r1nt8d such bendS of Local Irtl.?rov;:>E}!:;nt Jlistrict '<;'\0..72 ani that, u}?on execution thereof in the manner ~res0rib?d bY law ani the ordinanc2S 01' saii city,sa1i lity CIE,rk iJ'? and is 11!~:csbY aut:noriz?d to sell said bondS ani d21iver Buell bandS to tIle i~urchasBr or purchas;~rs tllereot U}:Jion Jayment to said city 01' th~ amount or ~mounts of the ~rinci~al of such bond or bQ1 dS, togetl1.er wi tll Jlremiums'-and accrued intergst, if any, ani tllat th~reupon the warrants of said Local Im~Erovellient ~istrict ~o. 72 b'? rstired,and. that said e i ty ~l~rk be a:ld is alSo 11ereby author- iz'~d to sell and d~"11iver said. bm1s at par and accru:?d intt?r0st, if c:~ny, in excllange i'or and. r~d:'l1rltion of tJ:H~ warrants drawn u:~on Local IIJllirOvem?ut ~'"'U.nd.,]}istrict '.:'0.72, of tr.e local im}rovem-ent fundS of th.s iZ i ty of AUburn, :C::-lfu'11ning unJa1d. Introducecl and ~assed ':.,ov~-rJ.ber18,1921J... k-"rov"~ 'oV""""b;)r l3loz1J. ;; L~'d;/~ .myor. Att'~st: ~t;i~~~_..._---,gity ~l'~;rl(. ~prov?d as to torm. ::<0 ~~~t~vl ,uty Attorney. Rlblish81 \.ovsmber _1921J...