La Junta tribune., 1911-07-22

paying two installments OF said inter
est and producing the sum Of two
thousand dollars t$2, ,0O0) TO pay the
principal Of said bonds. and In the
year 1925 there shall be levied on
sufficient TO produce the sum Of two
hundred twenty-five dollars (1:2s. .o0)
for the purpose OF paying the inter.
est falling due April /. 1926. and
said taxes, when collected. shall b.
applied solely for the purpose OF the
payment Of said interest and princi-
pal OF said bonds. respectively. and
for no other purpose whatever. until
the indebtedness SO contracted under
this ordinance. principal and inter
est. shall have been fully paid. salts
fled and discharged. but nothing here
In contained shall be SO construed a.
to prevent said city from applying
any other funds that may be In the
city treasury and available for that
purpose to the payment of said In
terest or principal as the same res
spectiyely mature. and the levy or
ieyies herein provided for may there
upon TO that extent be- diminished.
and upon the payment OF the princi-
pal OF any OF the bonds issued here
under in said manner or by the use
OF the sinking fund herein provided
Sided for the payment OF interest
may to the extent OF the interest
on the bonds SO paid be diminished.
And the sums hereinbefore proyid-
ed for to meet the Interest; on said
bonds and 10 discharge the principal
thereof when due, are hereby appro-
priated for that purpose. and said
amount for each year shall also be
included In the annual appropriation
bills passed by the city council Of
said city In each year respectively.
Section 6. It shall be the duty
Of the city council OF said city
annually. at the time and In
the manner provided by Law
for leyying other city taxes, II
such action shall be necessary to ef-
fectuate the provisions OF this ordin-
ance. to ratify and carry out the pro
visions hereof with reference to the
leyying and collection OF taxes: and
shall require the officers of and for
said city 10 levy, extend and collect
such taxes In the manner provided by
Law for the purpose OF creating
fund for the payment OF the prinrl
pal OF said bonds. and said ta1es.
when collected. shall be KEEP, for and
applied only TO the payment OF the
interest and principal Of said bonds
as hereinbefore specified.
Section Z. All ordinances. bylaws
and regulations OF the city of L.
Juu,a In conflic, with this ordinanrs
are hereby repealed.
Section 5. This ordinance shalI .
be and remain irrrpea,sble until aid !
bonds and the Interest thereon shall I
have been fully paid. satisfied and ]
discharged. as herein provided.
Section >. This ordinance. immedL I
ately upon Its final passage. shall .
be recorded In the book OF ordinances
Of said city kept for that purpose.
authenticated by the signature OF
the mayor and clerk. and shall BE-
published in the La Junta Tribune.
a newspaper published within the
limits e the city. and shall be- In
full force and effect five days after
such publication.
Introduced. read AID ordered pub
llshcd this srd day OF July. a u.
1911.
J. =. kEARNs. Mayor.
Attest
s. ". BROWN.
tseab. City Clerk.
Passed and adopted. signed and ap-
proved. this 18th day OF July. A. u.
1911
State OF Colorado. county o, otero.
-, city Of La Junta.
|. 5. W. Brown. city clerk OF
the city OF La Jun,a. otero county.
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