The Ocala evening star. [volume] (Ocala, Fla.) 1895-1943, 1911-04-18
THE BOND ORDINANCE
To he Submitted to the Voters of Ocaia
Tuesday, May 10, 1911.

An ordinance 10 submit to the regis
tered voters of the city of Ocala, the
question of issuing bonds TO the
amount of one hundred thousand dol
lars for the purpose of buying and
equipping or constructing and equip
ping water works for the said city of
Ocala and to provide for the issuing of
said bonds.
Be it ordained by the city council of
the city of Ocala
Section !. That within five days af-
ter the passage and approval of this
ordinance, the mayor of the city of
Ocala shall by proclamation, order an
election held by the registered voters
of the city of Ocala to decide whether
bonds to the amount of one hundred
&a ousand dollars shall be issued for
the purpose of buying and equipping
or constructing and equipping water
works for the said city of Ocala. said
bonds to be in denomination of ten
hundred dollars each and bearing in
terest at the rate OF not more than six
per cent per annum, payable in not
less than ten nor more than thirty
years from date of issue.
Sec. 2. The mayor shall in his proc
lamation appoint the managers and
+
holding of same and said proclamation
shall be published for at least thirty
days prior to said election.
Sec. 8. At said election a 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 vot-
| ing is in favor of the city of Ocala is
suing bonds TO the amount OF one hum
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 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
of one hundred thousand dollars cor as
many thereof may be necessary TO
carry out the purpose and intention of
this ordinance) of the denomination OF
ten hundred dollars each and paya BILE
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
bonds for water works and the words
bonds for water works" shall be
stamped on 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. 8. 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