The Ocala banner. (Ocala, Marion County, Fla.) 1883-194?, 1914-04-24
RESOLUTION

Adopted by Boaro Of Public instruc
tion of Marion County on Tuesday
February 8, 1914, Relating to fssu
ing Bonds for citra Special Tax
| School District.
| Mr.. J. s. Grantham introduced the
following resolution, which was
adopted:
Whereas. On the third day of Feb
ruary, 1914, there was presented to
this board a petition signed by not
less than 25 per cent of the duly
qualified electors, and of these not
less than twenty-five per cent. of the
lfreeholding electors of, and residing
in, Citra Special Tax School District
No. Ten, of Marion county, Florida
who are owners of freeholds in said
district, requesting this board to call
an election pursuant to chapter 6542
of the acts of the legislature of the
state of Florida, approved May 10th,
1913, to determine whether bonds in
the amount of eight thousand ($8000)
dollars snail be issued Ly said dis
trict, the proceeds of which are to be
used for the purpose of building, en-
larging and repairing school houses in
said district and furnishing the same,
and for the payment of all indebted
ness of said district existing at the
time of the issuance of said bonds
and incurred for the exclusive use OF
the public free schools in said dis.
trict, all OF which will appear by the
said petition on file in the office of
said board, and,
Whereas, Upon investigation it ap-
pears that said petition is signed by
not less than twenty-five per cent. of
the duly qualified electors of said dis
trict, and of these not less than TWEEN
ty-five per cent. of the free-holding
electors of said district, who are own
ers of freeholds therein, and that the
same is in the form required by law;
now, therefore, be it
Resolved, BY the Board of Public
Instruction for the county of Marion,
state of Florida, that it is hereby de-
termined at this the first meeting of
said board after the receipt of said
petition that eight thousand ($S000)
dollars is the amount of bonds requir-
ed for the purpose set forth in said
petition, to-wit: Building, repairing
and charging 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,
a newspaper published in the said
county of Marion, state of Florida,
there being no newspaper published
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, newspaper
published in Marion County, Florida,
there being no newspaper published
in said Citra Special Tax School Dis
trict Number Ten.
j. H. CRIMSON, Secretary.
2-20-4t.