Gainesville daily sun. (Gainesville, Fla.) 190?-1938, 1905-11-17
AN ORDINANCE

To Prescribe the Design and Provide for the
Execution Of the Public Utility Bonds Of the
CitNof Gainesville.
whereas. under and by virtue OF the pro.
Vidops OF On ordnance entitled An Ordi.
nance Providing for the Issuance OF Bonds aud
the Creation Of an Executive Board under the
Provisions ~ 90 Act Of the Legislature OF the
state Of FldsidA, entitled. An Act Extending
Powers Of ere City OF Gainesville, Municipal
Corporation Organized and Existing In Ala.
chua County, florida, and Providing for the
11eretss Of Those 81 Powers., ;. approved bfh
the said City OF Gainesville, Florida, on the
lOth day OF October, 1905. 70 determine Wheth-
or OF not the issuance OF bonds provided by
sold ordinance should be ~ that time APP
proved by 8 majority Of the votes cast bY the
duellhed electors OF said city % said election;
and,
whereas. said ordinance was publlshed IN
The Gainesville Sun, 10 full . newspaper
GseEs. once each Of said weeks. tie begin.
ming OF such publication being made lmmedi-
ateiy upon the adOBtion and approval OF said
whereas. Along with disqualification Of said
ordinance, there was published Herewith "
she same time, 10 the same newspaper, %
least once each week for four consecutive
was made immediately upon the adoption and
approval 81 said ordinance. the Mayors proc
lamatiop calling said election 3 OvidSd for In
whereas, IN sSd By said ordnance the issu.
anoe OF bonds % the amount OF One Hundred
fifteen Thousand Dollars n provided for, and
the purpose for which such Issue OF bonds are
20 be used IL expressed 10 general terms; AID
Whereas % said election 20 hold on the 10th
day Of October, 1905, the issuance OF said
bonds for the purposes mentioned IN said or
sS yoss S 81 ths SgSeS eso
fore,
rToaDuNED ny rHH MAYOR AND CITY
CouNoIL or rHs CITY % gAIN@viLLH
Section THAT the Mayor aud chairmon OF
the Finance Committee OF the City Council
shall have engraved or printed aVo per cent
coupon ponds Of the Siiy & Gainesville % 6e
GsineaVille," % the amount OF One Hundred
Fiftoeu Thousand DOllars, and OF she oonomi.
nation OF One Thousand pOIlara each, dated
the LIST day Of January, A. d. 1905 bearing Ia.
terest ~ the rate OF ave per cent per annum,
payable semi annually, % tho end OF periods
of Nix months from the date OF the bond, the
principal and Interest 70 be pad In gold eOin
Of the United states OF tho present standard
OF weight ahd oneness, the bonds ana the In.
teregt thereon 20 be payable ~ the once OF
che City Treasurer Of said city; said bonds 70
become due ana pas able o. fOilOWa VIA Thlf-
ty.hvo Of said bonds 70 become due and Day.
able IN flfieen years from che date thereof,
forty OF sAid bonds "a become dae and pay
able - ,wsS'ShyS ear trSI sSS GSsS en- here
payable Ia thirty Eve years from The date
thereof Said bonds shall be signed BY the
Mayor, countcFalRuod BY the PrcEideut OF the
Ctty Council, bttested by the City Clerk, and
shall bear the corporate seal OF ssd city. and
shall have the interest coupons attached bear
lng an engraved o. printed facsimile Of che
signature nt the City TroaaareE When said
bonds shall have boeu executed aud signed as
herein provided they shall BE- 90 once turned
over by thc Chairman OF the FinAnce Com
Wittee ~ the Hoard VI Public Works
See 3 SAID bonds ard The coupons At
tnc6cd shall be 10 the following words and
nRures, the blanks left fut the ma Der, and the
date upon which the bond may become due
AMI pay ahle a. be allied Ia a. tha nuHlbeT and
date " tho bond tO become tue ana payable
may render necessary; n
CSTrEp STATS o. ANHRfoA.
SrArE uF FfDRtnA