The Punta Gorda herald. [volume] (Punta Gorda, Fla.) 1893-1958, 1913-11-27
AN ORDINANCE TO BE ENTITLED

1
| in the sum OF seventy five thousand dollars
by the Town of Punta Gorda, Florida, for
the purpose of redeeming certain bonds now
outstanding and of improving said Town by
| establishing a system OF sanitary sewers,
street paving, water works, storm sewers,
and general street improvement and electric
| lighting: and authorizing the Mayor OF SAID
| Town of Punta Gorda, FLORIDA, TO issue
! proclamation calling an election to determ-
inc whether the issuance of said bonds shall
be approved.
Belt ordained by the Town Council of
the Town of Punta Gorda, ElorIda:
Sec. /. That the Mayor and Town Council of
| the Town of Punta Gorda, Florida. in their cor
| porate capacity, and under and by virtue of the
| power and authority vested and fixed in them
| by the Charter creating said Town and the
| amendatory Acts thereto, now deeming IL adj
| visable and necessary that certain public inn
| provements in said Town should be made, and
certain bonds of said Town now outstanding
| liqudated, hereby authorize the issue of bonds
| OF the Town of Punta Gorda, Florida, to the a.
mount of seventy-fve thousand dollars for the
| purpose of retiring certain Fire and Water
| bonds and Public Dock bonds now outstanding.
and for the purpose of improving said Town of
| Punta Gorda by establishing therein a system
| of sanitary sewers adequate water works, street
paving, storm sewers, and general street i'm
provement and electric lighting. the principal
and interest of said bonds to be payable In gold
! coin or its equivalent of the Udited States,
and for the payment thereof, principal
| and interest, the entire taxable prop
erty of the Town of Punta Gorda, Florida. and
the public utilities that are now or may be ac-
quired and owned by said Town. shall stand
pledged by this ordinances; the said bonds to
run not less than five normore than thirty years,
to bear interest not to exceed six per centum
per annum, payable simi-annually and de-
nominations to be not less than one hundred
dollars each, provided, however, that none OF
said bonds shall be issued until such issue shall
FIRST have been approved by two-thirds of the
votes cast by the qualified electorsof said Town
of Punta Gorda, Florida, at special election to
be held in the Town of Punta Gorda on.the and
day Of Dec, 1913, in accordance with this
Ordinance and the proclamation of the Mayor.
Sec. o. There shall be levied and collected
annually. in the manner provided by the Char
ter of said Town of Punta Gorda, and the Or.
dinances pertaining thereto, such special tax on
the taxable property within the corporate Inn
its of said Town of Punta Gorda as may be
Necessary to paw the interest on said bonds,
and there shall be created by the Town Council
a sinking fund to pay off the principal sum of
said bonds at maturity. -
Sec 4. The Mayor Of the Town of Punta
Gorda, Floridp, is hereby authorized and direct
ebto issue his proclamation calling an election
to be held in Punta Gorda on the and day of
Dec, 1919, to determine whether the issu-
ance of the bonds herein mentioned shall be APP |
proved by two-thirds of all the votes cast by /
the qualified electors of said Town who also |
own real estate in said Town and who shall |
have paid taxes thereon for the year wheu such
taxes were last due, and said proclamation and /
this Ordinance shall be published in the Punta
Gorda Herald once week for period not less |
IMAM thirty Gays pTcCeulHB sdiu SieCliOu. Oalu |
proclamation shall also give notice of the cleo
ton. at the same time and place, of three suit
able persons as bond trustees who shall serve as
a Board of Public WORKS. and who shall per-
form such services and duties as are provided |
by the Charter and ordinances of said Town.
and who shall give bond and qualify in such
mannes, and receive such compensation as the
Council may by resolution provide.
Seed. That the inspectors and clerk of said
ordinance, and they shall hold and conduct
said-election make out and certify to the returns
thereof, and attend to all duties in manner and
form as the Charter and Ordinances of said
Town provide. Ifany Inspector or the clerk SO
appointed shall fail to attend his place
shall be filled in accordance with the provisions
of the ordinance governing such. The polls
shall be opened at q. m. and closed at sun
down, with an intermission of half an horr be-.
tween IL and I O'Clock.
furnish all necessary blanks and ballots, and
shall make all necessary preparations for said
election, and shall pay for the same out OF the
general fund in the treasury. The ballots to be
used in said election shall be, in substance, in
the following form:
OFFICIAL BALLOT
Special Election to Determine Whether Bonds
Shall be Issued
and day of Dec, 1919.
Make cross mark XXI before the word
''For" or the word against" according as
yon approve or dissapprove of the issuance
of the bonds proposed
For bonds for Sanitary Sewers in the
sum of $22,45o.oo
Against bonds for Sanitary Sewers.
For bonds for Water Works in the
sum of ssI.5oo 90.
Against bonds for Water Works.
For bonds for paving Marian avenue
from Nesbt to Harvey street
in the sum of $I5,ooo.oo.
Against bonds for paving Marian
tn |
street.
For bonds for storm sewers and
general Improvement of streets
in the sum of $5,5oo.'o.
- Against bonds for storm sewers and
general improvement of streets.
For bonds for improvement of cleo
trio lights in the sum of$rooo.oo
Against BONDS for the improvement
of electric lights.
For bonds to retire $3.55o.oo Fire and
Water bonds now outstanding.
Against bonds to retire $3s5o.oo Fire
and Water bonds now
outstanding.
For bonds to retire 10000. 90 Public
Dock bonds now outstanding. ,
Against bonds to retire 100000 Pub
lie Dock bonds now
outstanding
Each cross mark on said ballot in front of the {
word "For" shall constitute vote in favor of
he approval of the issuance of the bonds as in
licat ed and as provided for in and by this Or ,
finance, and each such mark IN front of the
word Against" shall constitute vote against
he issuance IF such bonds.
If the issuance OF the bonds or any one or
more specific set or sets of bonds, as herein pro-
,osed, and submitted to be approved by the e {
ectors, be approved by two-thirds
IF the votes so cast, then the bonds
u proposed and approved shall be is
ued, and shall be sold by the bond trustees and
provided that the funds received from the sale
# any specific set of bonds shall be used for the
IDENTICAL purpose for which such bonds were
ssued.
Sec. &. There shall also be elected at said e.
ection three bond trustees who shall serve as =
Board of Public Works, whose duties shall
'eathe performance of all the acts and services
njoined upon them IN relation to said bonds BY