Arizona republican., 1913-09-12

of Twenty five Thousand Dollars
 or the purpose of purchasing two or
 more tracts of land to be hereafter
 selected by the Common Council of
 the City of Phoenix, said land to be
 used by said City of Phoenix and tho
 inhabitants thereof as public parks
 and further to provide funds to the
 amount of Twenty-Five Thousand
 Dollars ($25, 5,00OOO) for the purpose
 street improvements, and particu-
 arly the widening of Van Burer
 treet by condemnation. or otherwise
 from the west line of Central Avenue
 O the east line of Second Avenue
 n said City to an approximate width fifty-seven (5O feet; said Van
 Buren Street when so Widened to be
 or public use; and to provide funds ! O the amount of Seventy five Thous-
 and Dollars (s75,OOOOO) for the pur- lpose of enlarging the fire depart
 ment of the City of Phoenix and in tcreasing it's equipment. by extending lthe fire alarm system, by the pur- lchase of additional fire fighting ap- paratus and the establishment Ol 1 b-stations for the said fire depart l nent. Said bonds shall be in de 1 ominations of Five Hundred Dollars t$500.00) each, shall bear the date ! their issuance and be numbered ! onsecutively from One upwards, the 1 rincipal to be due in twenty (20) 1 ears from date thereof, provided
 hat The Common Council of the
 City of Phoenix reserves the right to | ay off such bonds in their numeri- 1 al order at the rate of Twenty five Thousand Dollars ($25, ,OOO.OO) thereof CT annum from and after the ex- l @F h. date, all of said bonds to bear interest at the rate of five per cent per annum; | interest thereon shall be paid semi-an- and July of each year after their is | uance Principal and interest shall be paid in gold coin of the United States of America in the office of the lCity Treasurer of the City of PhOe- iX, Maricopa County, State of Ari- ona, or at such Bank in the City Phoenix, in said state and county, in the City of New York, in the State of New York, or such place as may be designated by the Com mon Council of the City of Phoenix,
 t the option of the hclder of said bonds; place of payment to be men
 toned in said bonds and shall be made payable to bearer, and said onds are to be signed by the Ma
 or of said City of Phoenix and att
 ested by the City Recorder thereof
 nd have the seal of the said City
 Phoenix attached thereto, and each
 ond shall have interest coupons at
 ached thereto so that the same may
 removed therefrom without muti-
 ating the bonds for the semi-annuaI
 interest to accrue thereon, which
 oupons shall have a fac-simile of the
 ignatures of the Mayor and Re COrder of said City of Phoenix litho-
 raphed or printed thereon, provided,
 hat it shall not be necessary to inn
 ress upon such coupons the seal of said City of Phoenix. Said bonds
 hall be sold by the Common Coun-
 il of the City of Phoenix at regu-
 ar or special meeting called for that purpose after causing to be entered upon the record of said The Common Council of the City of Phoenix an order directing the sale of said bonds and the date and hour of said sale and shall cause a copy of said order O be published for at least four consecutive weeks before said sale in s Ich daily or weekly newspaper or newspapers as may be designated by aid The Common Council of the City of
 
 eaIed proposals will be received by for the purchase of said bonds on the date and hour named in said rder Said The Common Council of the City of Phoenix shall at said time, 1 and al a meeting to be held for such l purpose. open all sealed proposals re- eiVed by them and shall award the | purchase of said bonds to the high | st and best responsible bidder, pro- l vided that none of said bonds shall be sold for less amount than par with accrued interest. and all bids or proposals received for the purchase of said bonds or other evidences of shall be accompanied by 2 certified check not less than five per cent G per cenD of the total amount of said bid and The Common Council the City of Phoenix shall reserve | he right to reject any and all bids ! snd all such certified checks accom- | anying bids which are not accepted | and which are rejected, shall be re- urned to parties rendering the same. Certified check so deposited by the | uccessfuI bidder shall be retained by | aid The Common Council of the l City of Phoenix and shall be for cited in the event that such bidder shall not carry out the terms of | ale contract, provided herein to be | ntered into. The City Recorder of | he City of Phoenix shall ener upon | he record of the proceedings of The i Common Council of the City of Phoe-
 ix the amount of bonds sold, their | umbers and dates.
 Second: That said election shall be
 cid on the 11th day of october, A. | D. 1913. between the hours of 6 ! clock in the forenoon and o'clock 1 n the afternoon of that day at the | egular voting places within the linn ts of said City of Phoenix to be
 ereafter designated by The Common Council ef the City of Phoenix and
 uch election shall be conducted by uch election officers of said City of Phoenix to be hereafter named by | aid The Common Council and the ballots used at said election shall be ubstantiaIly in form and have print ad thereon the words and figures as