Springfield globe-republic. (Springfield, Ohio) 1884-1887, 1885-09-10

TO provide for the issue OF bonds for the pur-
! pose of providing the means for the con-
stuclion OF the Center street sewer, in Center
street sewer district or sewer district No. l.
SECTION /. BE 1t ordained by the City Coun.
Gil of the City Of Springfield, OHIO, That for
the purpose OF providing the means to con-
suuct the main sewer on Center street, in Cen
ter street sewer distlict, or sewer dis
trict number four (D in said city. The bonds
OF said city 10 the amount Of thirty thousand
(S3J,tU) dollars, OF the denomination of one
thousand dollars each, are hereby authorized
TO be issued, under and in pursuance OF an act
of the General Assembly of the state of Ohio.
authorizing the issue of such bonds, p ssed
April - isS5 the bonds hereby so authorized
TO be issued to bear interest at the rate of six
per cent. per annum, payable semi-annusliy f;
and to the payment fall bonds issued in pur-
suance ol ms ordinance, together with all in
terest thereon sccrulng, the real and personal
property and faith and credit of the city are
NJ reby pledged, the proceeds Of said bonds to
be applied to the expente OF said work, and to
no other purpose.
SEC. Said bonds shall be known as the first
series OF ponds for Center street sewer district
or sewer district number four % and shall be
due and payable rs follows: Five thousand
dollars ou thc lst day of September A. d.
1870, and five thousand do lars on the Ist day OF
sept' in each year thereafter until
the pay ment of tue whole amount thereof ;
said bouds 10 be coupon bonds
SEc. .. said bonds are to be payable, principal
and interest, at the Office Of the City / reasurer
Of said city, or ct he Importers and Traders
Ma iona, Bank, in New York City at the option
oil the holief thert Of Interest to be nav able on
ctch of said bonds on the first davs OF March
ana september Ia cacu year until the payment
OF the pr nClpal thereof; ana they shall ex-
press on Their face the act of the General As.
sembly and The ordnance of this city under
which they are issued, as well as the purpose
tOr which, aud tue name and number of the
said sewer district for which they ave issued
$50. J. sad bonds are , be Issued by the
c,tv, an taken and paid for In cash by the pur-
chaaer thereof at he City Treasurer's Office IN
thls c ~, within fifteen days from the date OF
sale OF same; and the Mayor and Clerk of said
city are hereby authorized and directed 10 ex-
ecule nc otding 10 law, and to the provisions of
thIs ordinance, said bOuds not to exceed in the
aggregate he amounts herein provided for to
tedeiivered by the City Treasurer to the pur-
chaser, or purchasers thereof (acCoruing to the
te ms oi purchase heicinbefOre prOvid, d after
tue same are sold
SEC. q. The city Clerk is hereby direc ed to
cause due legal publication to be made on be.
half OF the city, of "A no ice In two newspaper,
OF general circulation in this county, that said
bonds Will be offered for sa g, and sold by said
city, at not less thgn p 'r and accrued interest
TO the highest and best bidder therefor said
sale TO be at the Council Cham Der in said ci,y
SO. . That this ordinance .hall take effect
ana helu force according to law, from and af-
ter It's legal publication.
Passed september 5, A. D. lsS5.
r. Z. MAST, President.
Attest J. s. sHEwALTEs, CITY CLERK.