New Iberia enterprise. (New Iberia, La.) 1885-1902, 1900-10-13

Lawton, j. A. French and A. M. Bernard.
Mr.. j. B. Lawton presented the follow
ing ordinance, which was read, when it
was moved by Mr.. J. A. Fagot, seconded
by Mr.. J. A. French and adopted by the
following yea and nay vote, tO-wit +: Yea,
Messrs. Fagot, French, Lamperez, Burke,
Bernard and Lawton. Nay-None. Said
ordinance was then presented to the Mayor
for examination and after examination the
same was returned by him approved and
signed with the seal of the corporation
thereto affixed The said ordinance reads
as follows. towit
ORDINANCE.
Whereas, on the 9th day of August,
1900, the Mayor and Board of Trustrees
of New Iberia, La, did by ordinance,
accept the proposal and bid of Nj. T..
Lewman e. Company for the building
and equiping of waterworks system, and
for the acquiring and constructing and
equiping of the electric light plant, and,
Whereas, the proposition of incurring of
the debt, the issuance of the bonds to the
amount of forty thousand dollars and the
levying of a three mill tax to pay same is
authorized by vote of the tax payers at
an election duly called on September first,
1900, by ordinance of the Mayor and Board
of Trustees, and by a proclamation of the
the Mayor and held OH October the 3D.,
1900, under and by virtue of Article 2Sl
of the Constitution of this State and Act
ia of the General Assembly, approved
July 18th, 1900, and whereas, the contract
was made and entered into by authority of
this board between John Broussard, Mayor,
for the town of New Iberia, and M. T..
Lewman & Co., by public act passed be-
fore Fred w. Bauman, Notary Public, on
the 18th day of August, 1900, which con
tract was conditioned upon the authoriza-
tion by vote, as above expressed. Now,
in order to bind all parties and to more
clearly to define their respective rights
and obligations and to incur the debt,
Be it ordained, by the Mayor and Board
of Trustees of New Iberia, that the notarial
act made and entered by the Mayor of this
town with NJ. T. Lewman & Company, be-
fore Fred w. Bauman, Notary Public, on
the 18th day of August, 1900, be and the
same is hereby confirmed and ratified, and
this day made effective.
Be it further ordained, that the contract
price for the electric light plant and the
site and appurtenances for same, and the
waterworks system is rightfully and cor
rectly fixed by the aforesaid contract at
the price and sum of ninety thousand six
hundred and ninety five dollars, including
the delivery to the town of Iberia in full
property, free from all encumbrances, the
property described in that contract, to-wit:
A lot of ground and the existing electric
light plant Or by the payment of the exist
ing privileged debts due thereon in the
following sums, which are the privileged
claims upon the city property namely !:
Mrs. P. Jubin for dynamo, eight hundred
and fifty one and 60 100 dollars S. Brous-
sard, balance on lighting plant twenty
four hundred and sixty eight and 67-100
dollars New Iberia National Bank for the
first payment on and the extentiOn Of the
present light plant, thirty seven hundred
and fifty six and 67-100 dollars to Capt.
E. A. Pharr, for lot of ground, four hun
dred and fifty dollars to 7. w. Nicol,
engineer, twenty two hundred and forty
eight dollars.
It being the true intent, purpose and
understanding Of the parties that the cree
tion of the lighting plant should be made
in accordance with the proposal and
should include in the contract price the
acquiring by the town, free from encum-
brances of the present lighting plant, its
appurtenances and appliances at cost
not exceeding nine thousand seven hun
dred and seventy FIVE dollars and the con-
tract price for the said electric light plant
site, apparatus and appliances, complete,
including these privileged claims, should
be forty thousand dollars and should be
payable in the bonds Of the town at Lar,
L., Ie hn la in
teen years, bearing five per cent per an
mum interest, payable semi-annually, as
set forth in ordinance of the 18th of August,
1900; and the contract price for the water
works system should be and is fixed at
fifty nine Thousand six hundred and ninety
five dollars with interest at the rate OF 5
per centum per annum until paid, said
contract price to be represented by certi-
ficates with interest coupons attached and
these to be issued and paid in accordance
with terms and provisions of the aforesaid
ordinance and notarial contract of August
18th, 1900.
Be it further ordained, that the appro-
priation Of revenues and taxes and the
pledge of same for the payment of the
contract price of the waterworks system
made in the ordinance adopted 18th of
August, 1900, shall be deemed and taken
as making the appropriation and pledging
the revenues and taxes to pay and to Sc
cure payment of interest Of the said con-
tract price as well as the principal thereof ;
the said interest being at the rate of per
centum per annum payable semi annually
as named in the proposal and in the
notarial contract aforesaid.
Be it further ordained, that before the
work of construction is begun under the
aforesaid contract of the 18th day OF
August, 1900, NJ. T. Lewman & Company,
contractors, shall accept in writing ad-
dressed to the Mayor & Board of Trustees,
the terms and provisions Of this ordinance.
Be it further ordained that all ordinances
or parts of ordinances in conflict herewith
are hereby repealed in SO far as they con-
flict and that this ordinance take effect
from and after its passage.
Thus done. read, adopted, signed, and