The daily sentinel., 1909-03-05
JOHN NJ. coNLEY.

city Council of Grand Junction. Colo
JOHN NJ coNLEY.
Ordinance No.- of 1000
An ordinance submitting the question
of issuing refunding bonds of the
city of Grand Junction to the vote of
the voters of said City possessing the
necessary qualifications of elector
as provided by law and who have
him to her for the year Immediate
ly preceding such election.
WHEREAS. The city of Grand June
1897. issue its bonds in the sum of
sixty-five Thousand (s65oOO) Dollars.
and adopted on the 24th day Of April.
A ID. 1897, said bonds being redeemable
payable in fifteen years from the date
of issuance and bearing interest at the
WHEREAs. said bonds have become
payable at the option of said City and
said city available for the redemption
WHEREAS. the City Council of said
city deem L necessary to issue refund
ing bonds for the purpose of raising
funds for the redemption of the said
NOW THEREFORE, in order to as
the law viii approve the refundins of
said = bonds on p paya5le p as aToreSaid c,v
JUNCTION, COLORADO;
1903 OF the session laws of 1901 there be
and hereby is submitted to the vote of
the voters of the city of Grand june
ton who possess the necessary quail
fications of electors as provided by law
aau messed to chem emu in such city for the
year Immediately preceding such cleo
ton for determination at the General
city Election held in said city on the
Bth day of April. A. ID. 1903, the follow
ing question;
Junction. who possess the necessary
qualifications of an clector as provided
by law and who have paid tax upon
property assessed to them in such City
Tor the year Immediately preceding
such election approve the refunding OF
the city indebtedness In the amount OF
Sixty-five Thousand Dollars and the
funds for which redemption If the vote
hereof be in the affirmative are to be
raised by the issuance of refunding
Sec. 2 That for the purpose of talk
ing a vote upon said question, 1t sinai !
electors OF said city on April g. 1903.
who have paid a tax upon property
nteiy preceding the said election.
be printed a notice of such election in
some conspicuous place in each voting
precinct in this city for at least fifteen
shSyii ahyini hIso Rrebl publsh in The % Daily Sentinel
OF said CITY for a period OF at least ten
days Immediately pre-, pre,eedng @ snl1 1v,1i eIee- e
submitted to the duly qualified voters
sec. 4. All persons voting on said
question shall vote by separate ballot
''For refunding city Indebtedness OF
against rcfunding city Indebtedness
as the case may be, such ballot TO be
neposited in a separate ballot box pro-
vidcd by said city for that purpose
and no person shah vote on said ques-
ION untess his or her name shall appear
uoon the certified list of tax payers oi
said city furnished TO the judges oil
election in each precinct by the treas
urer of Mesa County. Colorado.
Sec. g. # upon canVnssinS the vote
which shall pe canvassed in the same
manner as the vote for the city Off.
All the votes cast are for retundinE SltS
Indebtedness then the CITY Souncll
shall be authorized to issue reIundinE
DOnds In the name of the CITY OF 6r.iilu
function Colorado. Such refundinh
bonds shall be payable at the option OF
absolutely due and payable twenty
Years inter ate and shall be ot, tnt
denomination of Ono Thousand Dollars
or Five hundred Dollars or eltneI ol
such denominations as circumstances
may sec q The interest on such refund
ing bonds shall be payable semi.
annually at the rate OF per cent PEI
annum. which is not in excess OF sn' @
rate specified IN the bonds 70 De iS
Funded, anu the principal Shall ne pay
anis nj the office of the TrensuIeI ~
the Nity and the sem -annuni IN ny ,,,. 80
shall be payable at the office OF IN
.sitv Treasurer or at some place IN IN
f-ity OF New York at the option OF eh'
holder of such bonSs. s
This ordinance to- be in force IRON
and after its passage.
Passed and adopted TINS, ,aon