The Ocala banner. (Ocala, Marion County, Fla.) 1883-194?, 1914-05-01
RESOLUTION

Adopted by Boaru OF Public ,r...
ton of Marion County on Tussdss
February 8, 1914, Relating 10 ~
| ing Bonds for citra Special
/ School District. 20
Mr.. j. S. Grantham Introduces !,
! GLOWING resolution, which W.
adopted: '~
| Whereas. On the third day Of r.,
ruary, 1914, there was presentoa !.
! this board a petition signed nv ~
less than % per cent. of the d.ss
qualified electors, and Of these =.
less than twenty-five per cent. az ~
freeholIing electors of, and resid;rs
in, Citra Special Tax School Djstriss.
| No. Ten, OF Marion county, Flori5s
who are owners of freeholds in ss,s
| district, requesting this board r. al,
an election pursuant to chapter GRO
of the acts of the Legislature Of n.
state of Florida, approved NAV 18TH
1913, to determine whether bonds !,
he amount of eight thousand tsSOa0,
dollars snail be issued Ly said a.
trict, the proceeds of which are to IA
used for the purpose of building en-
arging and repairing school houses n
said district and furnishing the same
and for the payment of all indebted.
ness Of said district existing at the
| lime of the issuance of. said bonds
and incurred for the exclusive use AZ
the public free schools in said ds.
,rict, all OF which will appear by the
said petition on file in the office Of
laid board, and,
Whereas, Upon investigation 1t an.
pears that said petition is signed by
not less than twenty-five per cent Of
the duly qualified electors of said dis.
trict, and of these not less than TWEEN.
ty-five per cent. of the. free-holding
electors of said district, who are own.
ers CT freehoids therein, and that the
same is in the form required by law;
now, therefore, be it
Resolved, BY the Board of Public
Instruction for the county of Marion.
state of Florida, that it is hereby de.
ermined at this the first meeting Of
laid board after the receipt of said
petition that eight thousand ($SOOO)
dollars is the amount of bonds requir.
ed for the purpose set forth in said
petition, to-wit: Building, repairing
and enlarging school houses in the
aid district, and furnishing the same
and for the payfent of all indebted
ness of said district existing at the
time of the issuance of said bonds,
and incurred for the exclusive use Of
the public free schools in said dis
trict; that the rate of interest to be
paid on said bonds shall be five per
cent. per annum, due and payable
semi-annually after bonds are issued
each year until said bonds are paid,
that the principal of said bonds shall
be due and payable twenty years from
the date of their issuance.
Upon motion, 1t is ordered that the
oregoing resolution be forthwith pub
lished once each week for four con.
secutive weeks in the Ocala Banner,
newspaper published iii the said
county of Marion, state of Florida
there being no newspaper published
n Citra Special Tax School District
Upon motion it is ordered that an
election shall be held on the 18th day
of March, 1914, in Citra Special Tax
District No. Ten of Marion County,
Florida, to determine whether or not
there shall be issued by said district
the bonds provided for in the forego.
ing resolution, anG that notice of said
election be forthwith published once
each week for four consecutive weeks
in the Ocala Banner, a newspaper
published in Marion County, Florida,
there being no newspaper published
in said Citra Special Tax School Dis
trict Number Ten.
]. H. CRIMSON, Secretary.
2-20-4t.