Gainesville daily sun. (Gainesville, Fla.) 190?-1938, 1905-08-03
AN ORDINANCE.

An Ordinance 10 be Untitled An Ordinance
20 Provide TO. An Election 10 Determine
Whether or Not Bonds Shall be Issued for
the Purpose ~ Securing Educational Ad-
vantaRes and Facilities In or Adjacent 70
Said CIV"
BE II ORDAisED nv THE MAYoR AED CITY
COUNCIL OF THE CRY or GAINEsvILLH,
FLoRIDA:
section The Mayor II hereby directed 10
issue his proclamation calling u special cleo.
tlOn TO be held on the Sth day OF August, 1900,
~ decide whether or NOT the issuance Of the
bonds provided FOR by this Ordinance sha!l he,
90 that time, approved by the registered vo'
ters OF said city at such election.
Section s-The Mayor and City Council OF
the City OF Gainesville, In their corporate ca.
pacity. shall issue bonds OF said city IN denOmi-
nations OF one Thousand DOllars. and for the
total amount towit: Fifty Thousand Dollars.
and 20 bee Jme due and payable ~ follow =. to-
wit Twenty Thousand Dollars In 10 years
from date Of Issue, ami Fifteen Thousand Dol
l.rS each succeeding ~ years thereafter until
the full amount thereof shall have been paid.
In regular numerical order. Said bonds Co bear
interest AZ the rate OF i've per cent per an
mum. pay able Sem-annually. and the interest
and principal of said ponds shall be pay able az
the bank OF Al n. Dutton A COMPANY Ia SRd
CITY ana such bonds shall have engraved 10
terest coupons attached thereto. payable az
the end OF PERIODS OF Nix months from the date
Oi the bond. said bonds shall be engraved un'
der the direction Of the Mayor and City Coun.
eli OF said city, and shall be executed BY the
Mayor and President ~ the City Council and
shall bear the corporate seal OF said city. said
bonds shall he sold At not le,ss than par ana de.
hvcred Ia amounts as the prOceedS are needed
10 pay for the purposes hereinafter provided
for.
section S-The purpose 20 which the pro-
ceeds Of the bonds provided fot IN the y coed
Ing section are 10 be applied are the following.
via To acquire, build or purcha~e = building
or buildings for school purposes or otherwise
secure educational advantages and facilities
In or AL accent 10 said cltv.
section 4 Thst this Ordinance shall be pub
lished IN fall Ia \ newspaper published In sal
city for thirty dAJ after les passage and AZ
provAl aud along With the publication OF this
ordinance there shall be publiShed herewith.
~ the same time, In the SaDe peWspaper aud
foe = Period OF thlrty dAyG me Mayor prOcla-
nation calling the special election provided
TOE Ia section one OF this Ordinance.
section the ballots 20 be used at sad
elecuOn shall have prlntcd thereon the words
For Educational honds," AMI. Against kdU-
ca unnAi Hondk" Such election shall be called
and he'd and The returns thefoot hal be can
vas.eA - other citY elections ere usuAly cal
ed. bed aud The returns thereof canyassed-
n the majority OF the votca east ~ said elec-
tion shall - "For Educational honds." then
xncA bOuds shall Be issued In ccnpltahcv win
TIE lsrms and pFos l.ions 0f ms Ordinance II
ths majority 81 the votes east ~ such elfcuou
shall ~ "Against EMuoational ROnds then
No such boadS shah ne tNued-
PAS~ed CiU Coancil July =. lecN
FresAdent Cty Counru
Approscd by me this srd laQ ieA
W n THOMAS, Mayor