Cañon City record., 1910-03-10
of said bonds. they shall be registered

CerIlIy 10 SuCn registration on Iue
back of each of said bonds. and there
after said bonds shall be delivered to
the purchaser or purchasers of the
same from this Council and the pro-
ceeds derived therefrom shall be used
solely for the purpose for which said
bonds recite that they are being is
sued, to-wit, to construct waterworks
to supply said city with an adequate
and suitable supply of water for Are
and domestic purposes, but the pur-
chasers of said bonds shall in no man
ner be responsible for the application
of said proceeds by said city or any of
its officers.
Section 6. The interest falling due
on said bonds on October 1st, 1910,
shall be paid out of the water fund of
said city, and for the purpose of re-
imbursing said water fund for said
half years interest, and to meet the
interest accruing on said bonds on
April 1st, 1911 and October list, 1911,
and for the purpose of raising the
sum of One Thousand Seven Hundred
and Eighty-five and 72-100 Dollars
($1.7S5.72> for the payment of the
principal of said bonds, there shall be
and hereby is levied in the year 1910
on all the taxable property In said
city, in addition to all other taxes, a
direct annual tax sufficient to produce
the sum of Three Thousand Six Hun
dred and Sixty and 72-100 Dollars
($3,660.72); that in order to raise the
necessary funds with which to pay
the interest due after October 1st,
1911 promptly and as the same ac-
crues, and to extinguish the principal
of said bonds at their maturity, these
shall be and there hereby is levied on
-,1f Nha - 10 n said
in addition to all other taxes. the fol-
lowing direct annual tax, to-wit: For
the years 1911, 1912, 1918, 1914, 1915.
1916, 1917, 1918, 1919, 1920. 1921, 1922
and 1928 a tax sufficient to produce
the sum of Three Thousand and Thir-
ty-five and 72-100 Dollars (s3. .035.72)
for the purpose of paying two INSTALL
mentS of said interest amounting to
Twelve Hundred and Fifty Dollars
(S1250.0o) and producing the sum of
One Thousand Seven Hundred and
Eighty-five and 72-100 (S1,7S5.72) to
pay the principal of said bonds: and
in the year 1924 there shall be and
hereby is levied on said property a di-
rect annual tax sufficient to produce
the sum of Six Hundred and Twenty
five Dollars (S625.00) for the purpose
of paying the interest on said bonds
said taxes when so collected shall be
applied solely for the purpose of pay
ing said interest and principal of said
bonds respectively and for no other
purpose whatever until said indebted
ness so contracted under this ordi-
nance. principal and interest shall
have been fully paid. satisfied and
discharged.
Section 7. 1t shall be the duty of
the City Council of said City. and they
are hereby required annually at the
time and in the manner provided by
law for the levying of other city taxes,
to ratify and carry out the provisions
hereof with reference 10 the levying
of taxes and requiring the officers of
and for said city to levy. extend and
collect such taxes in the manner pro-
vided by law for the purpose of Gre
ating a fund for the payment of the
interest upon and the principal of said
bonds, and the said taxes when so col
lected shall be kept for and applied
only to the payment of said interest
and principal Of said bonds as herein
before specified. but nothing herein
contained shall be SO construed as to
prevent the said city from applying
any other funds that may hereafter
be in the city treasury and available
for that purpose to the payment of
said interest or principal as the same
respectively mature, and the levy or
levies herein provided for may there
upon TO that extent be diminished.
Section s. This ordinance shall be
irrepealable until the Indebtedness
herein provided for shall have been
fully paid, satisfied and discharged.
Section 9. This ordinance shall
take effect and be in force FIVE days
after its passage, approval and publ
cation as provided by law.
Passed by the City Council this 7th
day OF March, 1910.
Authenticated this sth day of
March, 1910.
Presiding Officer of the City Council.
JONATHAN SEAMAN. City Clerk.
(SeaD
Signed and approved this sth day
of March, 1910.
G. r. TANNER. Mayor.
STATE OF COLORADO,
COUNTY OF FREMONT, (ss.
CITY OF CANON CITY. }
/. Jonathan Seaman, the duly elect
ed and qualified city clerk OF and for
the city of Canon City, Colorado, do
hereby certify that the foregoing Or
dinance No. /, series 1910, was intro
duced. read and passed on first read
ing, at a regular meeting of the city
council of the city of Canon City on the
21st day of February. A. ID. 1910;
was published in The Canon City Rec
ord, a weekly newspaper of general
| circulation published in the city of
Canon City. Colorado. on the gath day
of February, A. ID. 1910, and the 3rd
day of March, A. ID. 1910; and that
said Ordinance was passed and adopt
ed on second reading at a regular
meeting of the city council, OF the
city of Canon City, Colorado. on the
1th dnv Of March A ID. 1910.