The Delta independent., 1914-08-14
LEGAL NOTICES
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Ordinance No. +1e14.

Ordinance No. 4E1914.
AN ORDINANCE AUTHORIZING
THE ISSUE AND PRESCRIBING
THE FORM OF BONDS OF THE
CITY OF DELTA, TO BE DENOM-
MATED 'REFUNDING BONDS.
TO THE AMOUNT OF 100000,
AND PROVIDING FOR THE LEVY
<oF A 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 Tor
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
ss3. 900. 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
yassed 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 /. That by virtue and In
pursuance of an Act of tie General
Assembly OF the State of Colorado
entitled. AN ACT TO ENABLE
cITrEs AND TOWNS OF THE
STATE. WHETHER INcoRPoRAT-
J'rp UNDER GENERAL LAW OR uN-
DER SPECIAL CHARTER, TO RE
FUND THEIR BONDED INDEBTED
NESS WHICH HAS MATURED OR
NAY HEREAFTER MATURE. OR
uAs OR MAY HEREAFTER BE
COME PAYABLE. AT THE OPTION
or THE SAID CITY OR TOWN. BY
ISSUING REFUNDING BONDS, EIO q
approved April 30 1901. and all Acts
amendatory thereof and supplemental
thereto. and under authority of a vote
of the majority OF the taxpaying elee-
tors OF said city. duly qualified, as
provided by law. there shall be issued,
bonds OF said city. to be denomiha'eu
.Refupding Bonds. to the amount OIL
$50 900. for the purpose OF retuhoihs
and redeeming like amount OF the
NOW outstanding. unpaid and payapie
bonds of said city. towit: water oon''s
In the aggregate principal amour. ~
$4,000. bearing date October TO- lso"'
due and payable October 20, 1919 op-
t<enai for redemption on ana ai'e'
y ,c,ober 20. 1913. and bearing inter
est at the rate OF 51s per cent psF
annum: and sewer bonds, In the as
rregate principal amount oil sS'ooV.
hearing date July LIST, 1901. due anu
payable July LIST, 1916. optionai io'
rademption on and after July ISL
1911. and bearing interest AT tne 'a'e
of per cent per annum
s.ction That said bonds hereby
authorized shall be payable TO bearer
shall be dated October LIST. isit' oe
absolutely due and payable octooc'
1st. 1884. but redeemable at the OPP
tion Of the said city after OCTOBER is'.
1924. and bear interest Mt the rate Oh
per cent per annum. payable senn''
annually; they shall consist Oh ~
bonds OF 81. 900 each. numbered from
to so. both inclusive. and designated
M Series A.. and of &c bonds of S0oO
each. numbered from 81 to ile' potn
inclusive. and designated as series e
The principal of said bonds shall De
payable at the office OF the Conmls'
sioner of Finance and Supplies ana
Ex-Officio City Clerk of the CITY 'i
thereon shall be payable at the offiee
of the said Commissioner OF Finance
and Supplies. or Mt the banking mousse
OF Kountze Bros. in the City oil Ne"
York. State of New York. at the OPP
tion of the holder. Said interest sha'i
be represented by 40 coupons attacheu
"a. each of said bonds. each coupon
representing haif.yearly payment OIL
interest on the bond to which IL Is
attached. The said bonds shall recte
the title OF the Act under which they
are issued, shall be signed by the
\ Commissioner OF Public Affairs ana
\ ex-officio Mayor, attested and counter
signed by the Commissioner OF RI
| nance and Supplies and ex-officio Si'y
l Clerk of said City of Delta. and sha"
bear the seal of said City, ana Tue
coupons annexed to each OF sam
bonds shall be signed by the saiu
Commissioner OF Public Affairs ann
Iex-officio Mayor. and attested by the
lsaid Commissioners of Finance ana
lSuppiies and ex-officio City Clerk, ny
their respective facsimile signatures,
(which facsimile signatures OF SAID
Irrespective officers are hereby adopt
La mn nnd for the signntures OF salu