The Parma herald. (Parma, Idaho) 1903-1917, 1912-03-07
~
Village Treasurer,

sIcets ~ Saln Vliiager dated Marcl
Village Treasurer,
Registration Certificate.
The undersigned, the duly elected
qualified and acting village clerk OF
the village Of Parma, in the state OF
Idaho, does hereby certify that the
! within bond has been duly registered
~ a public record book kept for that
purpose, in full compliance with the
provisions OF Section 23l9 of the Ida
no Revised Codes and all amend
nents thereto.
/ In testimony whereof, witness the
hand and official seal of the village
clerk OF Parma, Idaho. this ........
DAY OF .,--.............. A. ID. 1912
| Village Clerk
| Section Is In case the issuance of
said bonds to provide for the con-
struetion and laying out Of streets in
the said village shall be approved by
said electors, then the interest iallirS
due on the said bonds on July lst.
l9iz, shall be raid out OF the general
fund OF said city, and for the purpose
| OF reimbursing said general fund for
said interest, and to meet the interest
accruing on said bonds on january ist,
1918 and july LIST, 1918, there shall be
levied in the year 1912, on all the tax
able property in said village, in addi-
ton to all other taxes, a direct an
nual tax sufficient TO produce the sum
OF Three Hundred Twenty ($32O) Dol
lars; that in order to raise the ncces-
sary funds with which to ray the in
terest dre January LIST, 1914. and
hereafter, to and including July LIST,
III, promptly and as the same ac-
crues, there shall be levied on all the
taxable property in said village, in
addition 20 all other taxes, direct
annual tax IN each Of the years 1918,
1914, 1915, 1916, 1917, 1918, 1919, 1920,
sufficient to produce the sum Of
Two Hundred and Forty ($240) Dol
lars. for the purpose Of paying two
nstallments of said interes; that in
order to raise the necessary funds
with which to pay the interest due
January lst, 1922, and thereafter to
and inelrding July LIST. 1880, promptly
and as the same accrues, and to Gre
ate sinking fund for the payment OF
The principal OF said bonds. there shall
be levied on all the taxable property
~ said llaRc, in addition to all other
taxes. direc annual tax in each Of
tie years 1921, 1922, 1923, 1924. 1925.
1920, 1927. 1923 and 1929, sufficient TO
produce the sum Of Six Hundred and
tcrtv tSo4o) Dollars, for the pur-
rose Of paying two instalment5 of
nd interest, amounting to Two Hun
dred and Forty ($240) Dollars, and 10
produce the sum Of Four Hundred
f$40c) Dollars, to pay onc-tcnth of |
the principal OF said bonds, and in the
year 1880, sufficient to produce the
+r cht hundred ($S00) Dollars.
Tor the purpose of paying the interest
lccruing January Isl, 1881, July LIST.
1881 and March LIST, 1882, amounting
10 the sum OF Four Hundred (S4OO)
Dollars, and to produce tile sum Of
'our Hundred ($4O0) Dollars to paw
'ne- tenth OF the principal Of said
bonds, and said taxes when so col
ected shall be applied solely t. the
purpose OF paying the interest and
,rncinal of said bonds respectively.
md for no other purpose whatever
Until the Indebtedness so contracted
nder this rdinance-nrincina and
nterest-shall have been fully paid.
ats ed and discharged.
Section 10. 1t shall be the duty OF
he board of trustees OF said village.
md they are hereby required annual
at the time and in the manner pro-
'ided by law for the levying of other
illage taxes, to ratiiy and carry out
he provisions hereof with reference
o the levying of taxes, and requiring
he officers of and for said village 10
evy, extend and collect such taxes in
he manner provided by law, for the
purpose of creating a sinking fund
or the payment OF the interest upon
md the principal OF said bonds, and
he said taxes when so collected shall
&c kept for and applied only to the
payment OF said interest and principal
u said bonds as hereinbefore speci-
led, but nothing herein contained
hall be so construed as to prevent
aid village from applying any other
unds that may be in the village treas
Try and available for that purpose, to
he payment of said interest and prin-
iral as the same respectively mature.
nd the levy or levies herein provided
>HfVh ~ tiAdt NAbtnl DC
diminished, and upon the payment Of
he principal OF any Of the bonds is
ued hereunder in said manner, or by
he use OF the sinking fund herein pro-
'ided for, the levy or levies provided
or Tor the payment OF the interest
nay l. the extent of the interest OF
he bonds so paid be diminished.
Section IL. This ordinance shall
axe effect aud be in force from and
tier ITS passage, approval. and due
and shall be irrepealable
Intil the indebtedness hereby created
hall have been fully paid and salts
led
Passed and approved this fourth dav
i March, A. D. 1912
r. J. CLUEN.
Chairman OF the Board OF Trustees. /
r 1. STOCKTON.