The Delta independent., 1914-08-28
LEGAL NOTICES
>>>>>>>>> >>>> = =
Ordinance No. 41s14.

THE ISSUE AND PRESCRIBING
THE FORM OF BONDS OF THE
CITY OF DELTA, TO BE DEMON
MATED 'REFUNDING BONDS,
TO THE AMOUNT OF $50, 10000.
AND PROVIDING FOR THE LEVY
OF TAX TO PAY THE SAME.
Whereas, the City Council of the
City of Delta, and the qualified cleo
tors of said city, have heretofore
taken due preliminary proceedings for
the issuance of the refunding bonds
of said city, in the aggregate principal
amount of $4,000, for the purpose of
refunding the now outstanding, un-
paid and payable bonds of the said
city, in the aggregate amount of
$4,000, and the vote of the duly quail
flied electors of said city, on the ques-
tion of the issuance of said refunding
bonds has been heretofore duly can
vassed and been determined to be il
favor of the issuance of said bonds;
NOW, THEREFORE, BE IT Or
DAINED BY THE CITY COUNCIL OF
THE CITY OF DELTA:
Section l. That by virtue and in
pursuance of an Act Of tie General
Assembly of the State of Colorado,
entitled, AN ACT TO ENABLE
CITIES AND TOWNS OF THE
STATE, WHETHER INCORPORAT-
ED UNDER GENERAL LAW OR UN-
DER SPECIAL CHARTER, TO RE-
FUND THEIR BONDED INDEBTED
NESS WHICH HAS MATURED OR
MAY HEREAFTER NATURE, OR
HAS OR MAY HEREAFTER BE-
COME PAYABLE. AT THE OPTION
OF THE SAID CITY OR TOWN, BY
ISSUING REFUNDING BONDS. ETC /,
approved April 30, 1901. and all Acts
amendatory thereof and supplemental
thereto, and under authority of a vote
Of the majority Of the taxpaying cleo
tors OF said city. duly qualified, as
provided by law, there shall be issued,
bonds of said city. TO be denominated
'Refunding Bonds. TO the amount Of
$4,000, for the purpose of refupding
and redeeming a like amount of the
now outstanding. unpaid and payable
bonds Of said city. towit: Water bonds
in the aggregate principal amount of
$4,000. bearing date October 20. 1908,
due and payable October 90, 1918, op-
tional for redemption on and after
October 90, 1913. and bearing inter
10 Of
annum; and sewer bonds, in the ag-
gregate principal amount of $4,000,
bearing date July 1st, 1901, due and
payable July 1st. 1916, optional for
redemption on and after July 1s;.
1911, and bearing interest at the rate
of per cent per annum.
Section 9 That said bonds hereby
authorized shall be payable TO bearer,
shall be dated October LIST, 1914, be
absolutely due and payable October
LIST, 1884. but redeemable at the op-
iion of the said city after October 1st,
1924. and bear interest at the rate of
5 per cent per annum. payable semi
annually; they shall consist OF so
bonds OF $1,000 each, numbered from
to so. both inclusive, and designated
as Series A. and of Ct bonds of $500
inclusive. and designated as Series b.
The principal of said bonds shall be
payable at the office of the Commis.
sioner of Finance and Supplies and
~. nfffafn ~ tho CStr Z
Delta, and the semi-annunl interest
thereon shall be payable at the office
of the said Commissioner of Finance
and Supplies, or at the banking house
of Kountze Bros. In the City of New
York. State of New York. at the op-
tion OF the holder. Said interest shall
be represented by 40 coupons attached
to each of said bonds. each coupon
representing a half-yearly payment Of
interest on the bond 10 which II IS
attached. The said bonds shall recite
the title of the Act under which they
are issued, shall be signed by the
Commissioner of Public Affairs and
ex-officio Mayor. attested and counter
signed by the Commissioner of FL
nance and Supplies and ex-officio City
Clerk of said City of Delta, and shall
bear the seal of said City, and the
coupons annexed to each of said
bonds shall be signed by the said
Commissioner of Public Affairs and
ex-officio Mayor. and attested by the
said Commissioner of Finance and
Supplies and ex-officio City Clerk, by
their respective facsimile signatures,
which facsimile signatures of said
respective officers are hereby adopt
ed as and for the signatures of said