Arizona republican., 1913-11-24

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- { tw-five Thousand Dollars (s25,00O,- | o0).
 i FIRE DEPARTMENT IMPROVE l MENT Bonds for the purpose of
 enlarging the Fire Department of ] the City of Phoenix, increasing it's equipment, extending it's fire alarm l system and the establishment of
 sub stations for said Fire Depart
 ment, said bonds to be in the amount of Seventy-five Thousand Dollars 1 ($75, 5,O0O.0O)
 ] 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
 of Twenty y-five Thousand Dollars | ($25, ,O0O.00).
 All said bonds shall be in denomin- ations of Five Hundred Dollars l ($5OO.O0) 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 thereof, provided that The Common Council of the City of Phoenix reserves the right to pay off such bonds in their numerical order at the rate of Thirteen Thousand
 Seven Hundred and Fifty Dollars 1 ($13,750OO) thereof per annum from ond after the expiration of twenty (20) years from their date, all of said bonds to bear interest at the rate nf five per cent per annum, interest thereon shall be 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 of the United States of America in 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 or in the City of New York, in the State of New York, or such place as maybe designated by | the Common Council of the City of l Phoenix, at the option of the h0lder of said bonds; place of payment to be mentioned in said bonds, and shall be made payable to bearer, and said 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 at
 tached thereto so that the same may
 be removed therefrom without mu-
 tilating the bonds, for -Le 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
 Common Council of the City of PhOe-
 nix at a regular or special meeting 1 called for that purpose after caus- 1 ing to be entered upon the records
 of said The Common Council of the City of Phoenix an order directing l the sale of said bonds and the date and hour of said sale, and shall cause a copy of said order to be published for at least four consecu- tive weeks before said sale in such daily or weekly newspaper or news papers as may be designated by 1 said The Common Council of the City of Phoenix, together with a mo- ! JlCe llio1l S6dleu pIOpOSdlS WILL De
 received by it for the purchase of
 said bonds on the date and hour named in said order. Said The Com mon Council of the City of Phoenix 1 sh1 II at said time, and at a meeting to be held for such purpose, open all sea ed proposals received by them 1 and shall award the purchase uf
 said bonds to the highest and best
 responsible bidder, provided that none
 of said bonds shall be sold for
 less amount than par with ac- | crued interest; and all bids or | proposals received for the pur- 1 chase of said bonds or other evi- dences of indebtedness shall be ac- companied by a certified check not i! less than five per cent G per cent)
 of the total amount of said bid and The Common Council of the City Of Phoenix shall reserve the right to reject any and all bids. and all such certified checks accompanying bids which are not accepted and which
 are rejected, shall be returned to par
 ties rendering same.
 1 Certified check so deposited by the | successful bidder shall be retained by said The Common Council of the | City of Phoenix and shall bs for 1 feited in the event that such bidder l Shdh nut carry ouI the te'IhS oI 1 the contract, provided herein to be
 entered into. The City Recorder of
 the City of Phoenix shall enter upon | the record of the proceedings ef
 The Common Council of the City
 of Phoenix the amount of bonds sold, their numbers and dates.
 Second: That said election shall
 be held on the 26th day of Novell-
 Der, A. D. 1913, between the hours l of 6 o'clock in the forenoon and 6
 o'clock in the afternoon of that day
 at the regular voting places within
 the limits of said City of Phoenix, | to be hereafter designated by the 1 C,nrrnrnnr Council nf tho Cit1r of Plnnn