Arizona republican., 1913-11-16
UNDERTAKING AND EMBALMING
RESOLUTION NO. 643

l 1 bonds for funding the floating in
 debtedness of the City of Phoenix 1 up to July l, 1913; for purchasing 1 two tracts of land for park purposes, | for street improvements; for the enlargement and improvement of the l Fire Department of the City of ] Phoenix and for Street Lighting | Bonds.
 THE COMMON COUNCIL OF | PHOENIX DO RESOLVE AS 1 FOLLOWS
 First: That the following prOpO- sitions be, and the same are hereby 1 submitted to the qualified electors and property taxpayers subject to taxation within the corporate limits i within the City of Phoenix, County
 of Maricopa, State of Arizona, to be voted upon by them at an election called for the purpose to be held on
 the 26th day of November, A. D. 1913, in said City, County and State. 1 viz:
 The incurring of the indebtedness hereby proposed to be created by the Common Council of the City of Phoenix. in the County and State aforesaid, together with the existing indebtedness of said City would eX- ceed four per centum (4%o) of the value of the taxable property in said City. as ascertained by the last as sessment of taxable property in said City for city purposes made previous to the incurring of the indebtedness contemplated by this Resolution, shall the Common Council of the City of Phoenix, in said County and State issue the following bonds of the City of Phoenix for the following
 purposes and in the following amounts:
 FUNDING Bonds, City of Phoenix, for the purposes of funding the floating indebtedness of the City of Phoenix up to July 1st, 1913, amount ing to approximately One Hundred
 and Twenty-Five Thousand Dollars
 G125, ,00OO0).
 PARK Bonds, City of Phoenix. for
 the purpose of providing a fund for
 the purchase of two or more tracts
 of land by the Common Council of the City of Phoenix, said land to be
 used by said City of Phoenix and
 the inhabitants thereof as public
 parks; said bonds to be issued to
 the amount of Twenty-Five Thous-
 and Dollars ($25.OOo.OO).
 STREET IMPROVEMENT Bonds,
 for the purpose of street improve
 ments and particularly the widening
 of Van Buren Street by condemna-
 ton or otherwise from the West line
 of Central Avenue to the East line
 of Second Avenue in said City of
 Phoenix, to an approximate width
 of fifty-seven feet (57D, said Van
 Buren Street, when so widened to be
 for the use of the public, said bonds
 to be issued to the amount of TWen-
 fl nd
 O0).
 FIRE DEPARTMENT IMPROVE
 MENT Bonds for the purpose of eniarging the Fire Department of the City of Phoenix. increasing it's equipment. extending it's fire alarm system and the establishment of sub-statiOns for said Fire Depart ment said bonds to be in the amount of Seventy-five Thousand Dollars
 ($75.00O.OO).
 STREET LIGHTING Bonds for the purpose of installing light standards for lighting and beautifying the | streets of the City of Phoenix, said | bonds to be issued to the amount l of Twenty-Five Thousand Dollars C$25, 5,00O.OO).
 All said bonds shall be in denomin- ations of Five Hundred Dollars | ($50O.0O) each, shall bear the date | of their issuance and be numbered | consecutively from One upwards, the | principal to be due in forty (40) | years from date hereof, provided that !! The Common Council of the City of Phoenix reserves the right to pay off l such bonds in their numerical order | at the rate of Thirteen Thousand | Seven Hundred and Fifty Dollars 1 $13.75O.OO) thereof per annum from | and after the expiration of twenty | (2O) years from their date, all | of said bonds to bear interest i at the rate oF five per cent | per annum, interest thereon shall he i paid semi-annually on the first day | of January and July of each year af- ter their issuance. Principal and in terest shall te paid in lawful money i of the United States of America in 1 the office of the City Treasurer of | the City oe Phoenix, Maricopa COun ty, State of Arizona, or at such Bank in the City of PhoenIX, in said State | and County, )r in the City of New 1 York, in the State of New York. or such place as maybe designated by 1 the Common Council of the City Of Phoenix, at the option of the holder | of said bonds; place of payment to be mentioned in said bonds. and shall be made payable to bearer, ana salu bonds are to be signed by the Mayor of said City of Phoenix and attested by the City Recorder thereof, and have the sea, of the said City of Phoenix attach q thereto. and each
 ond shall have interest coupons att tached thereto so that the same may be removed therefrom without mu- tilating the bonds, for the semi annual interest to accrue thereon, which coupons shall have a fac-si- mile of the signatures of the Mayor and Recorder of said City of Phoe- nix Autographed or printed thereon. provided that it shall not be neces- sary to impress upon such coupons the seal of said City of Phoenix. Said bonds shall be sold by The