The daily tribune., 1909-01-29
the amount and for the purpose afore.

1 NOA
said; and
WHEREAS: There was duly and
properly introduced at regular
meeting of the City Council OF said
city an ordinance calling a special
election for the purpose of submitting
the question of issuing such refunding
| bonds to a vote of the duly qualified
electors of said city and said ordinance
was published in newspaper of gem
eral circulation published in said city
ten days before its passage and was
duly and properly passed and adopted
by the said City Council and was re-
corded in book kept for that pur-
pose and authenticated by the presid-
| ing officer of the Council and the
| Clerk and was thereafter duly and
properly published in a newspaper
| published within the limits OF said
| ety. and
WHEREAS: The City Council OF
said city did cause to be posted a
| printed notice of such election in a
| conspicuous place in each voting pre-
cinct of said city for fifteen days
proceed ng the said election and did
also publish for a period of at least
ten days Immediately preceding such
election in a newspaper printed with
in said city notice that such ques-
1 tion would be submitted to the duly
qualified voters of said citv: and
! WHEREAS: A special election
was duly and properly held in said
city of Florence upon the 18th day OF
January, A. d. 1903, whereat no per-
son did vote except such as did have
the necessary qualifications of an
elector as provided by law and had
| paid tax upon property assessed to
him or her in said city for the year
| Immediately preceding such election
and whose name did appear upon
| some one of the certified lists of tax
| payers in said city who had paid
taxes upon property assessed to them
in such city In the year Immediately
| preceding such election, made out and
delivered by the County Treasurer tc
the Judges OF election in each of the
several voting precincts in said city;
| and
WHEREAS: Upon canvassing the
| votes cast at the said election it did
appear that majority of all the
votes cast wore for refunding the city
Indebtedness aforesaid:
| NOW, THEREFORE,, be it ordained
by the City Council OF the City ol
| Florence:
Section l. That there be issued
the refunding bonds of the City OF
Florence in the amount of eighty-five
thousand dollars (SS5,000) for the
purpose of refunding the bonded in
| debtedness of said city which became
payable at the option of said city on
January 2, 1909, and for the payment
OF which there were not on January
2, 1909, and are not now any funds
in the treasury of said city, the said
| bonded Indebtedness having been con
/, tracted for supplying water to said
| city and being evidenced by the Water
| Works Bonds of said city dated Jan
| uary 2, 1893, in the amount OF eighty
| hve thousand dollars 1900 .O00) bear
| ing interest at the rate OF six per
| cent. per annum; that such refunding
bonds be denomnated "Refunding
Water Works Bonds" be dated Jan.
uary 2, 1909, be eighty-five $3.50 in
number numbered from one % to
| eighty-tive (S5) both numbers includ-
| ed, bear interest at the rate of five
! (5) per cent per annum payable semi
annually on the Second day of Jan
uary and of July in each year until
maturity, that such refunding bonds
be payable at the option OF said city
ten years after date and absolutely
uue ana payable TWENTY years aIteT
date, shall recite the title of the act
under which they are issued, being
| an Act entitled
| AN Act to enable cities and towns
of the state, whether Incorporated un-
der general law or under special char
ter, TO refund their bonded indebted
ness, which has matured or may here
after mature, or has or many hereafter
| become payable at the option of the
! said city, or town, by issuing refund
ing bonds, providing for an election
| and the payment OF the principal and
| interest and the registration thereof,
| and repeating chapter ITO of the ses-
sion laws of Colorado, 1895, and all
conflicting acts" (Approved April 80,
l9O1.)
shall be signed by the Mayor, attested
by the Clerk and countersigned by the
Treasurer of said city and shall bear
the seal of said city and the coupons
attached to said bonds and represent
ing the interest to accrue thereon
shall be signed by the city treasurer
by Autographed signature.
| Section 2. Such bonds and coupons
shall be in substantially the following
forms:
(FoRM OF BOND)