Gainesville daily sun. (Gainesville, Fla.) 190?-1938, 1906-12-13

shall levy and collect annually suci
special tax on the taxable property
within the corporate limits Of said citS
"a may BE- hecessary TO pas tba inter.
est on said bonds. and ~ provide A
sins ing fund for the payment Of said
bonds
See. 3-Said bonds shall be printed
oF rnprA we'd with interest eOnpau ~.
tsrh"d. PAYABLE "a hg ihis ordinance
provided. said bonds shali b. sigaed
hv IN. Msyor. cOunisr-ikned hv the
PrfsidaBt o. The City Council. and at
tested by the City Clerk. and shall
hear the corporate seal Of said city,
and the interest coupons shall bear an
engraved or printed fac slmile of the
signsture of the City Treasurer. When
said bonds shall have bern so signed
and sealed they shall he turned over
TO the Board of Public Works, WIN
shall he trustee for faid bonds, and
shall be By said Roard offered for sale
to the highest and best bidder for cash 1,
on sealed bids, but ssid Board shalt
have aud reserve she right to reject
any and all lids, and shall not sell any
~ said bonds for less than par value.
The proceeds for the sale Of said bonds,
as soon az received by said Board.
shall be turned over 90 and deposited
with the City Treasurer Of Paid city.
Said money shall be Maid ont by said
Treasurer on the order ~ the City
Council OF said city, for the purpose
foF which said bonds are authorized by
this ordinance 10 be is'Ued.
See. 4-Said bonds shall he PAYABLE
To bearer and shall Re delivered by
said Board OF Public Works ONLY a.
ter being contersigned by the Chair.
man and Secretary OF said BoaVd
wheFeupOn said bnnds shall become
payable 10 the lawful bearer thereof
IL shall be the dUty OF she Board of
| Public Works, ne bond trustees, when
any bond IL sold or issued bv them. IN
register the same in book TO be Kept
| for that purpose and said Board shall
keep an seenTatP account OF all bonds
and coupons outstanding and OF all
such ss may be paid.
Sec. sit shall be the duty Of the
Roavd Of Public Works on or before
the first dsy Of Jolly, NJ each and every
year. IN report IN the City Council the
number OF paid bonds outstanding
with an estimate OF the amount neees.
saFy to be raised for inteFeSt and sink.
inc fond which statement and estimate
shall serve as basis Of assessment by
the CITY Council for the ensuing year
for that purpose.
Sec. 0--The MAYOR ~ the CITY NJ
Gainesville IL hereby directed 10 Issue
his proclamation calling a special plec.
tion 20 be held IN said city ON the 18th
day OF January, 1907, 10 determine
whether the issuance 81 bonds Drn
posed by this ordinance ~ be issued
shall he approved by = msjority OF the
votes east By the qualified electors OF
eaid city ~ said special election. and
said proclamation and this ordinance
shall be published IN newspP per
printed In said city a. least once each
week for four consecutive weeks, the be-
ginning q such publication heiDR made
Immediately upon the adoption and
approval ~ this ordinance At said
speeial election the question Of the
iEsuance Of bonds 20 the amount o. ten
thousand dollars. and for the purpose
proposed in and by this ordinance,
shall be submitted 20 the qnaliflel
electors ~ said city for their approval,
that each qualified electors hall have
an opportunity to vote for or against
the question OF the issuance of said
bonds for the purpose proposed, and
each electOr shall cast n paper ballot.
Each electOr desiring 90 vote for or
against the approval Of the the iseue
az bonds for ten thousand dqllars for
the purpose mentioned in ihis otdi.
nance may vote psper ballot con-
taininR the words; For municipal
hnnds ten Thousand dollars" or
"Against municipal bonds ten thou.
sapd dallArs, and each Of said ballots
shall be counted ne ballot approving
NJ dlsanprev The case may he, che
issuance Of the bonds for Ihe pu.prsa
msntlnned On this ordinance. The said
special election shsll be- called, held |
conducted and the returns thereof can. !
vaesed, In all other respects, a. nearly |
az may be practicable In compliance |
with the rules, regulations and ordi. |
nauees governing aNd controlling the |
General city elections % said city.
See. THE City Council shall pre-.
pare ard furnish all necessary blanks /
aud ballots, and shall make all neees. /
sary preparation foe said special elec- /
tinn, and shall pay foe The same nut n /
the proper fnnd IN The City TreasnFT. |
The ballots % be used 10 said election /
shall be substantially In the following /
forms
''Oaislal ballot--Special bond cleo.
ton, CITY % GAINESVILLE, JanaaEy IS, /
IN IU1T