The Monte Vista journal., 1909-05-08
Treasurer.

Treasurer.
Section V. That the said Bonds. shall
as soon after their issue as practicable,
he delivered to the purchaser thereof.
and the proceeds shall be used solely
for the purpose Of constructing public
sewer for the use 81 the said Town.
Section vi. Whenever the said Town
II Monte Vista shall elect to pay any Of
the said bonds, at any time during the
payable and before they are absolutely
due. according to the terms thereof. the
recorder Of the said Town shall cause
to he published for at least Four sue
cessive weeks in newspaper published
in the Town IL Monte Vista. a notice.
specifying the number or numbers Of the
bonds proposed to he called in and the
date ofsuch redemption. Payment o{ the
interest 81 such bonds shall cease Sixty
days after the first publication II such
notice. and the bonds so-called, shall
upon their surrender, be paid by the
said Town. and when ~ paid, the un-
matured coupons attached thereto.
shall b. cancelled and destroyed.
Section VII. That there b. and
there il hereby levied upon each and
every ,doDos Il valuation Al taxable
property within the said Town annually.
in additina to all other taxes. q tax
sufficient u i,ay the semi annual inter
c<t on Ill Il the said bonds outstanding
and also sitter Four ~ years from date
II said t,oads. such tax ~ shall create
. yearly fund equal to Ten per cent.
(lOsl u the whole amount 81 such
bonds iswued. Tor the purpose 81 extin-
gushing the principal 81 said bonds
within Fifteen years frm the date
thereof. which fund shall liz called the
Sewer B0ad Redemption Fund. and the
taxing and collecting officers 81 the said
Town are hereby authorized. empowered
and required Ia levy and cause to be
extended and collected. all such taxes
annually, ~ shall become necessary for
the purposes aforesaid due under TINS
ordinance. aud such taxes shall h. col
lcctcd aud levied as other taxes. and
shall In applied only to the principal
and interest u said bnntis, respectively.
and not otherwise. until the said in
dcbtctlaess. contracted under this or
dinanc~ shall b- fully paid. and the
sums hercinbesoFe provided Tor 10 meet
the ntess~t II said bonds. and discharge
the principal when due. are hereby ap-
propr'atrd Tor that purr-s.. and the
said amount shall also bc included in
the annual appropriation bill pas.cd by
the Hard II Trustees n the said Town
in each year while any portion II the
said ~ums rrmain unpaid.
S.rti0a VIII. The B1arl II Trurtss-.
10 the ssid iowa shall. annually. at the
time and IN the manner provided Tor by
Law. lx Devying other town taxes. u
~ 90.
ustc aud carry into eject the provis-
ions 4 thu ordinance. rstiey. n enact and
carry Out the .provisinas herein. with
references a. the lrvying and cs,akction
II taxe~, and shsll Fss,uirr the olllccrs
II aud for the naid town a. levy. extend
and cullect such taxes In . manner pro
v,d~l b. 1ew eos the turpsr II crrat-
my th~ redemptinn f0nd Tor the pay
m-nt II the interest and principal II
.a,d ln,ada. aad the ssid tsxe~. whea ~
collected. shall b. kept los and applied
to the payneat II the iaterr~t and prin.
ci,,al III thr aid h0sx1A ~ hes~inbeenrc
-ct lneth. aad ahall not b. expended lor
Z Sscssoc *. Thh eedisascs sh.M b
and ssasia = ipll loecs aed eject, asd
shall y lssepeaIab,e uatil ~ said bonds
add Iu4sesol theeeoo, shall have beeu
folly rid, . heesie peevi4ed.
See1Ieo !. Immediately aites ~
pseeoao g ~ oe1looaoo, e shall b 70.
cordcd n . tssk q se6loaness. q said
Tovn, w. ~ lAas poeDseA. outheet..
cstsd'tg ~ agnatsse e ~ pessidiag
o6leee q ~ nsoed q Tsusoses q the
ssid Tbvp, aal a w. Tbwn Recoedes.
epd eha1) - DuboIohed u . noWspopse
puhN I'D U1SAlo ~ ooepoeate n0Its a
Is T6wn q M6ses vlsls.
Passsd ed eppsevsid shh "a Day u
". u. rAassrs
49, Mayer.