Rocky Ford enterprise., 1904-12-02

PROPOSED ORDINANCE NO. = OF
THE CITY OF ROCKY FORD.
COLORADO. 1904.
An ordinance providing for the is
suance of the local Public Improve-
ment Bonds of the City on account of
Rocky Ford District Sanitary Sewer
District No. One and prescribing the
form thereof. iff
Be Il ordained BY the City Council Of
the City Of Rocky Ford:
Section I. That by virtue and In
pursuance of An Act TO provide for
the construction of local improvements
In cities OF all classes" etc, approved
April Sth. 1899. the same being Chap
ter l5l OF the Session Laws OF Colora-
do OF 1899, and OF Ordinance No. 104
OF the said City local Public Improve
ment Bonds Of the City shall be Issued
for the purpose Of paying for the To-
No. l0t provided to be constructed In
Rocky Ford District Sanitary Sewer
District No. One In an amount not 10
exceed the whole cost of said Improves
ment including engineering and other
clerical expenses and Six per cent ad-
ditional for costs of inspection. collec-
ton and other incidentnls and inter-
est as In said Act provided, tf
Section 2. That said bonds shall be
dated December 22nd, l90t; shall bear
the name of the District improved:
shall be payable TO tho bearer twenty
years from the date thereof but sub
ject to call and prior payment as In
said Act provided: shall be subscrib-
ed by the Mayor attested by the City
Clerk and the seal OF the City: shall
lected1 on account OF the assessments
made for said Improvement. shall
bear interest ut the rate of Five per
cent per annum payable semi-annunl-
iy on June eend and December .end;
shall have forty coupons nttested by q
facsimile Of the signature OF the City
Clerk attached to each bond evidenc-
ing such Interest: shall be In denomi-
nations OF One, Thousand Dollars, Five
Hundred Dollars and One Hundred
Dollars. as many Of each as may bc
found convenient: and shall he mum
bcrrd conscctutiycly from number one
upwards. The principal shall he pay
able at the Office Of the City Treasurer
aud the interest shall be payable at the
Office OF the City Treasurer or at the
banking house Of kountxc Brothcrs in
the City o! New York at the option Of
the holders.
Section }. The said bouds shall be
issued from time To time by the City
Treasurer upon estimates and orders
OF the Mayor. but the Mayor aud City
Council may use said bonsis mt Iuar In
paying for engineering and other clcr-
icai expenses and cost af inspcction
or tho Mayor with thr approval OF tho
city Council may srii. 10 clsc manner
provided In said Act. SUFFICIENT of said
bonds at not less than par To pay tho
said expenses In cash. Tho city Treas.
ur-r shalt preserve a record OF all
bonds issued hereunder In . suitable
book kept for that purpose.
Section Z. That said Bonds and
Coupons shall be In substantially the
following form:
dorm OF poudD
UNITED STATES OF AMERICA
No STATE OF COLORADO g.
CITY OF ROCKY FORD
LOCAL PUBLIC IMPROVEMENT
BOND ROCKY FORD DISTRICT
SANITARY SEWER DISTRICT
No. l.
The city OF Rocky Ford la the coun-
~ OF otrTo in the State OF Colorado
for value received acknowledges itself
to owc and hereby promises to pay
to the bearer hereof the sum Of
Dollars IN lawful money OF the United
States of America at the ONCE OF tho
CITY Treasurer In said City on the
t~ cniS second day OF prccmber. A. u.
1874 subject to call and Payment at
any Tins prior thereto as provided In
the Act OF the General Assembly hcfc-
insftcr tncniioaed with interssS si.-ru-
on from date until lraid al the rate et
FIVE per ccn,um PCT annum payable
semi annually on the ..nd day OF
June ani the ssnd day OF b-c-mbcr
at the Office of the city Treasurer
aforesaid or at tho banking houss of
kountsr HrpthrTs In the city and
State OF Scv York a, the option OF tho
holder upon presentation sts aurtcn.
der OF the annexed coupons as they
srvsFaiiy bcromr due.
This bond is issued for the purpss.
of iayinz the cost Of the construction
OF district sanitary sewer in Rocky
Ford District Sanitary S.srr District
Number one in said City by virtue OF
and In full conformity with an Act OF
the General Assembly OF the Stat. Of
Colorado entitled An AT I. provide
for the construction of iecal improve
msn,s In cities Of all classes having
a population of less than onc humid
Isi thousand, aud Incorporated towns.
the issuang. OF local Improvement
bonds therefor. and the assessment
and payment Of the cost OF said Inn
ptpNctnents, approved April Sth.
1899. and Ordinances Of said city duly
adopted published and made laws Of
said city prior to the Issuance hereof.
an this bond Is tsysbl. put Of the mon.
sys collected on sCcuuut Of the assess
msn;s mace for said Improvement.
Il IL hereby certified that every re-
guiTcmcui of Law relating to the maxi
ing of said lcyal Improvement and the
issuance hereof has b-.sp duly COM
plisd with and that this bond is with
IN every debt limit and other limi,
prescribed by Law or by the Cunstitu-
tion Of ihc State of Colorado.
iu Witness Whereof. the said city
Uff hu
to 10 subscribed by its Mayor attcstsd
hN The CITY Clsrk and the ar.,i Of sniI