The Ocala evening star. [volume] (Ocala, Fla.) 1895-1943, 1898-03-17
AN ORDINANCE

RETIRING THE OUTSTANDING INbEbI-
EDNE>S OF SAID CITY. AND To PROVIDE
FOR THEIR PAYMENT
Be IL ordained by the Mayor and City Council
of the City q ocala. Florida:
SECTION ! That the Mayor Of said City II
hereby authorized and directed 70 issue his
procia nation calling an election 10 te held On
the 18th day Of May. A d lSss 10 determine
whether or rot the issuance of the bonds pro
posed by this ordinance 10 BE- Issued for the
purpose hereinafter named. under ana by
virtue of the authority conferred upon the
Mayor and City Council. Of the City Of ocala in
an act q the iegiSstu Of The sIats Of Flor
ida. ntitlrCi- An Act Declaring the boundaries
q the territory constituting the municipality
known the City CT Ocala. dividing the same
into wards. changing the time Of holding elec-
tjon> therein and providing for the appoint
menT of certain officers. the issuing Of bonds
and the assessment and CO lection Of taxes in
said CITY. approved June ith. lN>s. shall b. az
that time authorized by a Vot- of the majority
Of the registered voters of said City ~ said
election
SIC = The Mayor and City Council of the
City Of Ocals IN their corporate pAcity. shall
issue from time 10 time bonds - said City in
demon nations az one hundred dollars. the
princiI,aI ~ v hich all - payable At the md
IF not les than twenty years nor more than
thirty years. the aggregate face value "f said
bonds To not IN any event. EXCEED the sum OF
Twenfy-fnuT thousand dollars Said bonds
shall bear interest Al rate Not To exceed six
PR cent pr annum. 70 - fixed by ordinance
which interest shall - Vaya lie >rmi-annually
on the mt days II January and July OF each
year and shall - payable At the orlce q the
City Treasurer OF the City OF tcala. Auu at
such other place a. the said City Council may
hereafter designate 10y ordinance passed Ia
carry into effect th'- provisions Of this uFdI-
nance said bonds shall have interest coupons
engraved and attached signed by the City
Trs-a<ur,.r ~ said City 81 Dcala. and payable
on The favS above rlrnri pred a nd at the PLACES
specified IN this and the above mentioned or
ilnancr To br hereafter passed designating
such places said bonds shall br engraved
under the direction 4 the Mayor and City
Council 81 said City and shall - signed ly the
Mayor and City ClerS. and shall bear the cor
I.ariTr ~-sl II The City 81 ocala. and shall /.
sold ~ not les than their facr' value ana shall
b. delivered in amounts - the proceeds are
needed Tor Inc l'CTIo - thl> "FulhahCe. anu
the Pr'ceedS ~ the sale Of said bonds shall b.
applied 10 the purpose for which said issue l.
hereby authorized. and 10 II" other
>EC 5 The City Council shall levy annually
such special tax all the taxable DIT Ts.TTy
within the curIorat" limits 81 said City " hich
i hereby pledged 10 the payment of aid bonds.
L. pay TN. interest on->sid ends. and 10 pro
4 Vide for the payment and retirement when the
I same shall become due under Jhr provisions
NJ the ordinance hereafter Z" b. passed 70 carry
/ into effect the provisions ~ this ordinance
| and the said CITY C"UncIi ana Mayor snail
4 from time Ia time Toy ordinance require 81 IN"
/ Trustees ~ said bonds and the agents hand
/ ling the money hereafter 10 IL raised. such
] bonds for the faithful performance" of their
| duties a. may ~ necessary 10 fully protect the
interests Of said City. The said special tax for
! interest ami for the payment Of said bonds
| shall >. Iavablt and collects bic on'y in lawful
/ money IT the United states. OF any past due
] c7rIr,nnS Of said bonds and when collected
! shall BE- applied solely To- the payment of the
/ interest on said bonds and the principal there
of a. the same shall OF may become due
SIC !. The Board Of Trustees aPPOintcd a.
| Trustees OF the electric lighting bonds hercto-
fore issued by said City shall b. the trustees nf
| the bonds hereto authorized. and their lowers
/ and duties in relation 10 the bonds authorized
/ by tins ordinance shall De- such a. are now
| tt.iTv. or which NAV b.. provided By an ordi-
| nance 10 he hereafter passed to carry into
! effect the proviSionsof this ordinance
Sc. ). This ordinance proposes ana provides
for the issuing of bonds for the purpose OF
paying of and retiring any and all Judgments
! against the City OF Ocala. and for paying on
| and retiring al, outstanding bonds OF said City
Of the issue Of June 2ith. I>Si. and of all other
issues prior to January 1t. lssss. and any and
| all outstanding and unpaid scrip Of said City
and for taking W. paying on ana retiring al
the floating indie btcdnpS- thereof
! At the election 10 lle held on the l'th DAY OF
May. A D.. ISIS. and hereby authorized. me
question To bc submitted 10 the registered
1 voters Of ~aid City shall To- whether or Not
bonds of said City shall To- issued not 70 exceed
in amount the sum of twenty-foUr thousand
dollars for the purposes set out IN TINS section
IF this Ordinance and each qualified el"ct"r
~ha have an opportunity TO vote for or aga inst
the issuingof said bonds for "a I'd purpose ana u
by said vote the Issue OF bonds hereby PROPOSED
not TO exceed the amount herein named ana
for the purpose set out 10y TINS ordinance tr-
authorized - id bonds shall then issue under
the direction Of the Mayor and City Council a
herein. and a. may be hereafter provided. mi
the proceeds thereof shall De applied To the
/ purpose hereby proposed and TO no other
Electors desiring 10 vote for or against me
authorize tion OF the issuing of bonds OF said
| CITY for the purpose above named. and To an
| amount not exceeding twenty-fOuT thousand
dollars. may vote white paper ballot con-
| tanning the words For bonds not exceedin:
| rwrnty-four thousand dOIIar-. or. Against
i bonds not exceeding twcnty-fouT thousand
dollars. and each Of said ballots snail D
counted a. ballot authorizing or disapproFlng
a the case may be-the issuance Of bonds Tor the
purpose proposed and the amount namtd- Inc
baIIors 10 b.. used al said election shall have
| printed therenn-and on each Of theln.the a e"Ne
: | words: '-For bonds not To exceed twenty-t"uF
, | thousand dollars. and "A galnSt bonds Not -
. | exceed twenty four thousand dollars. and a
, line shall r.. drawn between the two. and each
.Ircror snail indicate his preference by placing
a cross NJ mark 10 the left Of the words
. for or against. a. h. desires TO Not" 10Y
or -ainst -he authorization
80 = said bonds shall not b.. sold by the
Trustees except a. the sale thereof shall h.
: authorized from tim" o. time by ordinance
and II rh. w.. Of thu. full amount 81 the bonds
authorized Ia b. uScd for the purpose named
T IN this Ordinance ~ declared toy ordinance e
: D.. unnecessary. then the surplus 81 said bond
: IN the hands Of the Trustees shall b. 10y them
. surrendered 10 the City Council OF the CIty "l
= Ocala. and shall " 10y said City Council de
/ Stroyed. and II" bonds Of saId tlty. authorize
= 10y this Ordinance ana ~ the sald tiectloi
Il / hereby required To b. called and held. -ha!
. hereafter " issued. sold or negotiated foF AM
y purpose.
= SIC :. The Mayor shall cause his procIa
nation calling said election, and also a copI
- Of this Ordinance. TO b. published ~ 4eas
- thirty days next prior 70 the holding OF salt
u election. IN new>IaIrrr Pub4lsl'h I'D llit al
II City Of OcaIa, Florida said pr"cla ma tloi
state the time place anu "
! Ing said election shall state tht -1t7Ioh 81
j. which the vote l. To- L. taken "A nj shall STAT
= the names of the Clerks ana inspectors .
) election IN thu several wards q salu Cl'F
n the same manner a. i provided In the g@H "a
II election ordinance and II any Clerk or In
y syecrOr Of election shall falL or refuse 10 serve
otners may le appointed in their place.. or
Il any INSPECTOR or Clerk of election named p,
rb'. NavCr fails % attend 10 the proper polling
Il place. al the time Df opening The polls 10
e. Election those Inspectors present enall III IN
. ,,cs--.v ar ncI.- A Il II all The INSPECTOR
IA FgnIE
=. 10 vote shall a. the vacs aCIez Inc polls sna!
y " opened al eight O'Clock m ana closed a
six o'clock p. IN. with an inteTmi-Sion of nal
= an hour between twelve noon anc one p. II
- In. Iplirg places shall D. lDca ted sT.Or a. nss
- a. practice Die, 10 the polling places u--u a. IN
!. { last general City election Inc IterSs an
: In-Is-crors Of Election n each ward snail ma
:. | out and sign duplicate returns Of election an
y. shall deliver one copy thereof - the CT
~ ,Isrk fer the CITY Council. and "n" copy IN"
"a sinai deliver 10 tine Mayor -alG r@tITus ina
II -rare the nuuO-r Of persons voting ~ IA
comes. and snail snow tn" nuHt-T Of votes D
20 1-.u7nr 81 the bonds for the purpose nance
IL n nIITrad by this Ordinance Ine CITY ClrEl
9 snail prepare and furnish 10 the inspector
l- III necessary lists and blanks q u used ID II
y -asd election. The City COuEcl- -ila--. q Z
IN next regular meeting tor id election q al
-. -.fs1 meeting thereof for that purpose can
i! ys-- and declare from the said returns 81 IN
J!- Respective Inspectors ana CieTk7 q SIrcsIoIl
81 rae result Of such election a. dtcLaIt1 y -
- from their said canvass 70 the Mayo anu "a
u certificate shall D. recorded IN the H4DI1e
- r.,4 ryr,rc-edi ng- Of said City Council IN
al vsvuT II the City - Dcals l. hereby author
= @zli 10 appoint the numt--r OF SPECIAL foi zee
- mn necessary seTy- a. the polls on the "a
n ~ id election. The INSPECTOR Clerks aLl'
- Policemen shall each receive Tor theiF -
N on aid day The sum II one dollar and MT
- cents The said election. II all matters Nc
- T.-e7r specially provided fox shall D. c.1due
ii ted a. nearly a possible. or PractieA De u
= C--TIisnce with the laws 81 the state 0
= Fln-ids governing elections ana the ordinance
- Of tEis City II relation = municipal elections
- therein
- names conflicting VITA the PROVISIONS OF I'M
= ordinance ar hereby repealed
~ SC F. 4Al- u 8-i4aI4S 1l-@-- "a = -