The daily sentinel., 1909-02-27
JOHN NJ. CoNLEY.
Isfrxs Cfar-l


city Council Of Grand Junction Colo
JOHN NJ coNLEY.
o city ood CLERK
An ordinance submitting the question
Of issuing refuuding bonds of the
city Of Grand Junction to the vote OF
the voters of said city possessing the
as provided BY law and who have
paid tax upon property assessed to
him or TO her for the year Immediate
y proeeeding such election.
tion. did the LIST day of May. a. ID.
1897 issue its bonds IN the sum OF
pursuant to ordinance regularly passed
and adopted on the s4th day of April.
in ten years and absolutely due and
payable in fifteen years from the date
of issuance, and bearing interest at the
rate OF siN Der cent per annum, ana
WHEREAS, said bonds have become
tSa'ir -, ~ Wy 3i o3ti"n o. s",u 10y any ~
said city available for the redemption
of such bonds. and
city deem it necessary to issue refund
ing bonds Tor the purpose of raising
bonds payable ms aforesaid.
NOW. THEREFORE,. in order to as
certain whether or not the voters of the
said city, who are tax payers under
the law. VIII approve the refunding Of
BE IT ORD AIMED BY THE CITY
COUNCIL OF THE CITY OF GRAND
JUNCTION COLORADO;
Section /. That pursuant to Chapter
10g OF the session laws of 1901 there be
and hereby is submitted to the vote OF
the voters of the City Of Grand juno
ton who possess the necessary quail
ficauons of electors as provided by law
assessed to them in such city for the
year Immediately proceeding such cleo
city Election held in said City on the
9th day of April. 4. ID. 1909. the follow
''Wiil the voters Of the city Of Grand
JUNCTION. who possess the necessary
qualifications Of an elector; as provided
by law and who have paid tax upon
property assessed to them in such City
FOR the year Immediately preceding
such election approve the refunding Of
the City indebtedness in the amount OF
Sixty-five Thousand Dollars. and the
FUNDS Tor which redemption If the vote
I hereof be in the affirmative are to be
raised by the issuance OF refundiug
bonds of said city"
Sec, 2. That for the purpose of tax
Ing a vote upon said question. 1t shall
be submitted to a vote of the qualified
electors of said city on April 6. 1908.
assessed to them for the year immedi-
ately preceding the said election
Sec. g. The City Clerk shall cause to
be printed q notice of such election in
precinct in this City for at least fifteen
days preceding the said election and
o. said CITY for a period of at least ten
days Immediately preceding said cleo
ton a notice that such question Will be
I submitted 10 the duly qualified voters
otC. T. All persons NptlnE on SAID
question shall vote by separate ballot
| For refunding City indebtedness or
Against refunding city Indebtedness
as the CIV may be such ballot to be
deposited in a separate ballot box pro
Vided by SAID city for that purpose,
and no person shall vote on said ques-
ION uniess his or her name shall appear
upon the certified list of tax payers of
said city furnished TO the Judges OF
election in each precinct by the treas
urer of Mesa County. Colorado.
| Sec. O. II upon canvassing the vote
which shall De canvassed in the same
| manner as the vote for the City off
all the votes cast are for refunding city
| Indebtedness, then tue city Council
shall be authorized to issue refunding
bonds in the name of the City of Grand
I Junction Colorado. Such refunding
/ bonds shall be payable at the option of
absolutely due and payable twenty
] yenrs aGter ate and shall be of the
! denomination of One Thousand Dollars
or Five hundred Dollars or either OF
such denominations AZ circumstances
may require.
| ing bonds shall he payable semi
annually at the rate of per cent per
annum. which is not in excess of the
/ rate specified III the bonds to be re
I funded, anu the principal shall he pay
auie at the office of The Treasurer OF
| shall be payable at the office of the
| city Treasurer or ut some pace in the
/ city of New York at the option of the
holder OF such bonds.
This ordinance to be in force from
aud after its passage.
Passed and adopted this----
| day OF ------A. u. 1903