The daily sentinel., 1909-03-11
ORDINANCE NO. r5o.

An Ordinance submfttfnp tba o,-.,
city OF Gsa,n rnetInnding I,g bonds OF tn.
ns nj Voters OF said city possessing ~,
ss sary nra,iiy qnallfications of an eiectoi
ne, PROVIDED by law and who hav.
him s % or to her for the year Immediate issia e
y preceding such election.
WHEREAS, The city OF Grand 1,,,o
iss7 1.a issvn on the lst day of May. A. D
ssty-five Thoussnn1d sqnds e sbe sun o.
AVA sarnt ,t 70 ordinance regularly passet
4. d. 1887. said bonds being guy seSaapil 2. April
,m M vah, zen years and absolutely due ano
oIyspie oi ist,,s s In fifteen years from the dat.
20 20 issuance, and bearing interest at IN,
Nv WHESEEApsr II slE per zen cent per annum. and
payable at the option ,ds of sniS niye c,, ,becom,
81 said @ City available, for the redemption
WHEREAS. the city Council of saio
inSy ,n,i1 ,ueem II necessary to issue refund
btunds bnnd Tor the redemption of the said
'o1eS NOW wpayanIe THH.1, t.ssia, Is iaa19resaid.
ser5ain whether or not the voters of III.
sen SAID City. who are tax payers under
SAID ID bonds payable as aforesaid, o'
cdiINrT, nE 1T oRRIpoATTMED RIo ny THE CITY
JUNCTION: coLoRADo: oi'-N'N =
Section l. That pursuant to chapte,
and hereby is submitted to the Vote OF
.hc voters OF the City of Grand June
tications OF electors as PROVIDED BY law
and who have paid a tax upon propertI
year Immediately preceding such cleo
uon for determinatfon at the General
lily ELECTION held in said City ON the
,nn D,n cay OF April, a. d. 1909. the follow
win the voters of the City of Grand
qualifications. of an eiector. as proyidea
oy law and who have paid a tax upoi
tor the year Immediately precetiini
IN nen f-,, eiec.lon approve the refunding o
Sixty-five Thousand Dollars, and tn.
FUNDS Tor which redemption If the vote
raised by the issuance OF refundins
bonds OF said City"
ing vote upon said question. il shall
be submitted 70 vote of the quaiifiec
so have pad S'y aS on Apr e. 1929
assessed to them for the year immedi
SEE The cy aSe cierh aaid ass
pc printed n notice of such election II
ppecnep n this t Place fc In each sy99ns
days preceding the said election anc
days immediately preceding said cleo
ton q notice that such question. will b,
submitted to the duly qualified voter.
Sec; 4. Al, persons voting on sale
For refunding- City indebtedness" o.
Against refunding City Indebtedness
as the case may be. such ballot to be
aeposited in a, separate ballot box pro
vided by said City for that purpose
ana no person shall vote ON said ques
t.on uniess his or her name shall appea
said city furnished to the Judges o
election In each precinct by the treas
urer of Mesa County, Colorado
sec. b, AZ upon canvassnE the vot
which snail oe canvnssed in the sam
manner as the vote for the City Off
GERS, II shall appear that majority O
All the votes cast are for rcfunding Cit,
Indebtedness, then tie City Council
shall be authorized to issue refundine-
ponds in the name of the city OF Crane
bonds shall be payable at the option OF
said CITY ten years a.,er date. ano
absolutely due and payable twent.
years after late and shall be of TIL.
denomination of One Thousand Dollars
such denominations as circumstances
may require.
Sec. g.. The interest on such refund,
ing bonds shall be payable semi.
annually at the rate of per cent per
annum, which is not in excess of III,
rate specified the bonds to be re-
funded. anu the principal shall be pay
aule at the offtcc of the Treasurer of
the Sity, and the semi-annual interest
shall be payable at the office of the
city of New York ut the option of the
holder of such bonds.
This ordinance to be in force from
and after its passage.
Passed and adopted this 9th day of
March A. ID. 1909.
j. II, WENTWORTH.
Mayor
Attest:
JOHN NJ. CONLEY.
City Clerk.
(SEAIl