Gainesville daily sun. (Gainesville, Fla.) 190?-1938, 1905-07-27
AN ORDINANCE.

An Ordinance 20 be Entitled An Ordinance
to Provide 10: An Election TO Determine
Whether or Not Bonds Shall be Issued for
the Purpose OF Securing Educational Ad-
vantages and Facilities In or Adjacent TO
said City."
BE 1T ORDAINED nv THE MlYOR AND CITY
CoUNrIL oF THE CITY ~ GAINpsvtLLE.
FLORIDA
Section The Mayor is hereby directed TO
issue his proclamation calling a special cleo
ton 10 be held on the 9Th dHy OF August. 1905,
TO decide whether or not the issuance OF the
bonds provided for by this Ordinance shall be,
at that time, approved by the registered VO-
tiers Of said city at such election
Section 21he Mayof and City Council OF
the City OF Gainesville, In their corporate ca
pacty shall issue bonds Ot said city In denOmi-
nations OF one Thousand Dollars. and for the
total amount towit Fifty Thousand Dollars
and 10 bee Jmc due and payable aS follows, to-
wit. Twenty Thousand Dollars Ia 10 yearS
from date Of issue, AM Fifteen Thousand Dol.
l'rs each succeeding 10 years thereafter until
the full amount thereof shall have been paid
In regular numerical order. Said bonds 10 bear
interest AT the rate Of i've per cent yer an
mum, payAb e seminnnuAliy, and the interest
and principal OF said bonds shall be pay able a.
the bank OF A. r. button q COMPANY In said
CITY and such bonds shall have engraved In
tereSt coupons att ched thereto. PAYABLE IT
the end OF periods Of Nix months from the date
bl tue BONA, shlo UonuN NuaA DC NukEaNtu uu-
der the direction OF the Mayor and City Coun.
Ell uf said CITY, and shall be executed by the
Mayor and President ot the CITY Council, and
shall bear the corporate seal az said city. said
bonds shall be sold ~ not less than par and de-
hyered IN amounts ~ the prOceedS are needed
Ia pay for the purposes hereinafter pro, ided
FOR.
section The purpose 70 which the pro-
ccCds Oi the uouds prOyid for In the 4 eced'
ms section are 10 be applied are the following,
VIZ To acquire. bulld or purchase building
secure educational advantages and facilities
To- ~ adI accent 10 said CITY.
section That this Ordinance shall be pub
nshcd in toll Ia spapcr published IN said
cts for thirty days after it, passage and Rp-
pr0Na,. and along with the publication of this
ordinance there shall Toe published herewith,
NJ the same time IN the same newspaper and
Tor period ~ thirty days, the Mayor prOcla-
nation calling the special election provided
Tor ia section one OF this Ordnance
section The ballots to be used AZ said
election shall have printed thereon the words
Fur Educatiunai hOud>. and, Against Edu.
cauonal RondS such election Shal be called
ard held ana the returns thereof shall be can
Na~scd a. other civ elections arc usually call
81 heiu ami the returns thereof canyaS~rd.
N the ma oritN ~ the votes cast az said elec-
fIon >haI hc for Educational ttnud>. then
such bonds shall be- i~sucd Ia compliance With
ne term, aud pro, i,i.p, al this Ordinance Il
,bc mo crit, OF The votes cast ~ such election
shah br Against Educational l'n'i~. then
no >ucl bond, >ha. hs i>>1yrd
Passed ,ity Councu Jub ls@
President C1N touuca
Alufp,ri d., uc ms ird Jall l0N
" 4 THOMAS Mayor.