The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1911-02-23
w46
ORDINANCE NO.

An Ordinance authorizing the Common Council
OF the City oil kenosha to issue bonds for the
construction and completion of Main Sewer ex-
tending from Lake Michigan westward to Charles
street IN the City of Kenosha Wisconsin, in pur-
Suance OF Sec. 92611 and Section 942 and q4s Wis.
x: ? Tor the year 1885, and acts atnendatory Of
salo sections and supplementary thereto.
Be 1t Ordained by the Common Council Of the
City of kehosha:
oecnon l.. That for the purpose of enabling
the City OF kenosha to build construct and com
pete main sewer of diameter of eight (S) feet,
tnree 80 inches or more at its mouth, extending
rom Lake Michigan, westward to Charles street
IN the City OF Kenosha, there be made and issued
pom ponds OF the said City in the amount of Fifty
1housand lS50OOO) Dollars, payable in lawful
money Of the United States.
! ouch bonds to be paid in ten annual INSTALL
ments OF Five Thou and (s5,0Oo) Dollars each,
the first installment OF Five Thousand is5 OO0(
due and payable on the first day of July 1912 and
the sum OF Five Thousand ($5oo0) Dollars and
accrued interest to BECOME. due and payable on
each and every succeeding first day of July there
alter, until the said principal amount of Fifty
Thousand (S5O0oo) Dollars and accrued interest
IS FULLY paid said bonds to bear interest at rate
after the first day of July, 1911, payable semi
annually on the first days of July and Janu.
airy OF each year. and the principal and interest
City Treasurer of said City of Kenosha, and said
bonds shall be in the denomination of Five Hun
bred (S5000o) Dollars each.
Section2 That the Common Council of the
City of Kenosha shall levy and collect a direct
annual tax sufficient to pay the interest of the
said bonds as they fall due and shall levy and
collect direct annual tax of Five Thousand
$4,000 Dollars each year to pay the annual in
Stallment OF the principal amount of Fifty
Thousand ESQ, 000) Dollars as the several annual
lnstaments fall due
Section That said bonds shall be designated
and called 'Kenosha Main Sewer Bonds and
shall be mum bered consecutiveIy from One a.
upwards to One Hundred (loO) inclusive in the
order of their issue; shall bear uniform date of
July first, 1911, shall be signed by the Mayor and
the City Clerk Of said City and shall be sealed
with the corporate seal of the City of Kenosha
shall have semi-annual interest coupons attached
ard be made payable as follows, to-wit:- *
Bonds mum bered one a. to ten l0) inclusive
on the first day OF July, 1912.
Bonds numbered eleven M to twenty (2o) in
elusive on the first day OF July, 1913.
Bonds numbered twenty-o (21) to thirty 1907
inclusive on the first day of July, 1914.
Bonds numbered thirty-one (3D to forty (4o)
inclusive on the first day of July, 1915.
Bonds mum bered forty-one (41) to fifty (5Ol
inclusive on the first day of July, 1916.
Bonds mum bered f1fty-one (5l) to sixty (60) in
elusive on the first day of July, 1917.
Bonds number sixty-one (6l) to seventy (7ol
inclusive on the first day of July, 1918.
Bonds mum oered seventyone (71) to eighty (S0)
inclusive on the first day of July, 1919.
Bonds numbered eghty-o2ne (sll to ninety 1907
inclusive on the first day OF July, 1920.
Bonds numbered ninety.one (91) to one hun
dred 100) inclusive on the first day of July, 1921
And the said bonds shall show on their face the
amount OF the Indebtedness of the City of Keno
sha the amount of the assessment of the taxable
property of said City for each of the five wears
next preceding their issue, and the average
amount thereof, and shall recite the fact therein
that the City of Kenosha has provided for the
collection of direct annual tax sufficient to paw
the interest thereof as it falls due and the annual
installment OF Five Thousand (45 0o0) Dollars Of
the principal amount for each and every wear as
the said several instalments fall due and become
payable.
Section 4. Said bonds shall not be sold for less
than their par value and accrued interest
Section 5. This ordinance shall take effect and
be in force from and after its passage and pub
LEGATION.
TdSSeu ....s,s'..'.ss........
Approved ....,................
Published .....................
''..............,....
Mayor.