Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1902-07-09

AN ORDINANCE TO provide for the issue and
sale of fifty thousand (50,0O0) dollars Of
coupon bonds of the city Of Alexandra
called public Improvement Bonds, IN ac-
eordance with an act Of the General Assem-
bly, of Virginia approved March 2S, 1907.
entitled IAN act TO authorize the CITY Coun-
Gil Of Alexandria TO issue its coupon bonds,
called public improvement bonds" 20 the
4 amount Of $50 000 for the purpose OF making
street and sewer improvements In the city
Of Alexandria, and for the purpose OF I'M
proving the city gas works, and 10 provide
a sinking fund for the payment 81 SAID
bonds"
Whereas by an act Of the General Assembly
Of Virginia approved March 28 1902, the City
Council of Alexandria was authorized TO issue
its coupon bonds, called public improvement
bonds, to the amount Of fifty thousand
).C00) dollars, and
Whereas said act of assembly provided that
the CITY Council should not issue said bonds
until special election be called for the pur-
nose of submitting the question Of issuing
bonds under said act to the qualified voters Of
the city of Alexandria and be ratified by q
majority Of those voting at said election, after
notice Of said election had been published for
thirty days IN the daily newspapers OF the
city of Alexandria, and
Whereas said City Council, by an ordinance
duly passed on April H. 1902, and approved
on April Is, 1902, ordered said special cleo
ton TO be held on May %, 1902, notice Of
which was duly published for thirty days in
the daily newspapers Of this city, and
Whereas at said special election held on the
ODD day of,May, 1902, thirteen hundred and
twenty-six 1926 votes were east in favor of
issuing said bonds, out of a total number Of
sixteen hundred and seventy-four (l674) votes
east, this vote showing that large majority
/ &c coifx in fave
of said bond issue.
Section |. Now, therefore, be ii ordained by
the CITY Council Of Alexandria, Va, that the
Mayor and City Treasurer are hereby author
| lied and instructed 10 forthwith prepare and
! issue twenty coupon bonds the city of Alex
andria of the denomination of one thousand
! n OO0) dollars, forty coupon bonds Of the
city OF Alexandria ofthe denomination OF i've
hundred (500) dollars, and one hundred cou-
pom bonds of the city of Alexandra OF the de-
nomination of one hundred Zoo, dollars, IN
accordance with the provisions of said act,
said bonds TO bear date on July |, 1902, and to
| bear interest at the rate of four per cent "A
per cent per annum, the interest 10 be due
and payable on January and July OF each
wear and the principal of said bonds to be due
and payable on July l 1882.
Section 2. Be it further ordained that the
Mayor and City Treasurer, in conjunction
with the Finance Committee, are hereby au-
thorizcd and instructed TO forthwith advertise
for bids for such bonds in such newspaper,
newspapers or publications as they may deem
proper, full power being hereby given them
TO make sale of said bonds.
Section 8. This ordinance shall be in force
from its passage.
Passed the Common Council July s, 1902.
FRED. J. PAFF, President.
Passed the Board of Aldermen, July 5, 1902.
j. 7. SWEENEY, President.
Approved July 9, 1902.
GEO. l.. SIMPSON, Mayor.
Teste: DANIEL r. STANsBURY, Clerk G. C..