The Ocala evening star. [volume] (Ocala, Fla.) 1895-1943, 1911-04-14

shall he published for at least thirty
days prior to said election.
Sec. 3. At said election plain white
paper ballot shall be used with the
words for bonds" or against bonds
written or printed thereon. The words
for bonds shall mean and be con-
strued to mean that the person so vot-
ing is in favor of the city OF Ocala is
suing bonds to the amount OF one hun
dred thousand dollars for the purpose
of buying and equipping or construct
ing and equipping water works for
the said city of Ocala. The words
against bonds" shall mean and be con-
strued to mean that the person so vot-
ing is opposed TO the city of Ocala is
suing said bonds TO the amount of one
hundred thousand dollars. If a ma
jority of the registered voters of the
said city of Ocala shall vote for bonds,
then bonds shall be issued, but if a ma
jority of the registered voters of the
said city of Ocala shall not vote for
bonds. then no bonds shall be issued
Sec. 4. If a majority OF the regis
tered voters of the said city OF Ocala
shall have voted for bonds, then the
mayor and city council shall cause
said bonds to be issued TO the amount
Oh one DuHuTeu tnOuSdNu OOIldTS tOT as
many thereof as may be necessary to
carry out the purpose and intention of
this ordinance) of the denomination OF
ten hundred dollars each and payable
in not less than ten nor more than
thirty years from the date the same
are issued.
Sec. ). When said bonds are so is
sued the same shall be denominated
Co. ly-rSa "A.
bonds for water works" shall be
stamped the face thereof; and said
bonds shall be applied to no other
purpose or use than for the buying and
equipping or constructing and equip
ping of water works for the said city
of Ocala.
Sec. g. Said bonds so issued shall be
signed by the mayor and city clerk.
with interest coupons attached which
shall be signed by the city treasurer.
Sec. :. There shall be annually as
sessed and collected upon the real and
personal property within the corpor-
ate limits of the said city of Ocala a
tax to pay the interest on all OF said
bonds so issued and also a tax TO form
a sinking fund for the payment OF the
principal of said bonds so issued as
the same shall become due and pay
able.
Sec. S. The amount Of said tax so
collected each year shall be paid by
the city treasurer to the three per-
sons TO be appointed by the governor
of the state, as trustees of said bonds
and their successors in office.
Sec. g. Such amount OF the bonds
SO issued and a such time and in
such manner as the city council shall
. - 4 -,
/ trustees Immediately upon receipt Of
same but not less than for par value
thereof and they shall proceed TO pay
for the purchase or construction and
equipping Of water works for the city
/ of Ocala from the proceeds thereof
! Introduced. placed on first reading
and referred 10 the judiciary committee
March q. 1911.
/ Placed on second reading and adopt
( ed by sections April 4th. 1911.
/ Placed on third and final reading and
adopted April 4th. 1911. II. {. Jones,
President Of The City Council
/ Approved by the mayor Of Ocala this
April sth. A d. 1911.
] j d Robertson,
/ Mayor OF the City OF Ocala. Fla.
Attest II. g Sistrunk.
Clerk Of the City OF Ocala-
! Recorded in city ordinance book.
pages from 10 inclusive. April sth,
t 1911. H. c. SiStrunk. City Clerk.