The Arvada enterprise. (Arvada, Colo.) 1908-1970, 1915-09-02

| chaser thereof, and said bonds and tn,
| FUNDS raised thereby shall be applied
/ solely to the purpose aforesaid, OF the
| construction OF waterworks for fire and
| domestic purposes within and for said
| town, but he purchaser Of said bonds
| shall IN no manner b. responsible for
town or any OF Its officers OF any of
| tn" funds derived from the sale thereof
Section =. That In order to raise the
necessary funds with which to pay the
interest du" March L. 1916 and there
nitcr to and including September /.
lh2' promptly and AZ the same nccruos.
there shall be levied on All the taxable
property In the town, In addition to all
other taxes n direct annual tax In each
OF IN" years 1915 to 1924 inclusive Az
follows. \ tax sufficient to produce
the sum of two thousand two hundred
dollars t$2. 2OUD In each year for the
purpose OF paying tn" interest on said
bonds, ana In III" year 1926 and an
nunllN thereafter up to and including
IA" year 1929, ih"r" shall be levied on
said property direct annual tax. In
addition TO All other taxes sufficient to
produc" TIA" sum OF ten thousand two
hundred dollars Nl020O), for the pur-
p"H" of paying two instnllmrnta of said
interest ana to pruvid" one NTH of the
principal of said bonds In each OF the
nv" years from 1926 to 1880. inclusive,
anu Hhid taxes, when collected, shall b.
applied solely to tn" purpose of the
payment of the said intorcHt and the
principal Of said bonds respectively. nE
IN" Fnm" ahnll become due, and for no
other purpose whatever, until IN" In
d"ht"dn"Ss Ro contracted under this or
hlnnnc", both principal and interest
ghnll have ben fully paid, satisfied md
dlscharg"d but nothing herein contain
ed shall be 10 construed nR to prevent
said town from applying any other
funds That may, be In tn" town treas
ury ana available Tor that purpose to
IN. payment Of Huid interest or princl-
pal. ~ IN" same respectively mature
ana the levy or lryicR herein provided
for may thoroupou to that extent b" Ill.
Winish"d, ana upon the payment Of the
principal Of any 81 the bonds Issued
hereunder IN said manner, or by the
~" Of Ia" sinking fund herein provided
for tn" levy on l'vlos herein provided
FOR IN" payment II interest may be to
IN" extent Of IN" Interest 20 paid be
diminished.
Ana the sums horcinbrfpro provided
Tor 10 meet N" interest on said bonds
ana 10 dHchurpo the principal thereof
whom du", ar" hereby appropriated for
that purpose. ana HIld amount Tor each
year shall also be- Included In the an
nuul appropriation bills passed bv the
honrd Of trustees 81 said town In cnch
N"Hr respectively.
Section z n shah be- tho duty Of the
bOnrd ~ trustees Of said town. annual
~, A. the time ana In the manner pro-
vid"d bN law fUr l"yyinW other town
taxes II such action Fhull be nrccHTnry
10 "n"uiuHio the provisions hereof with
reference 10 the lrvyinF ma collection
~ taxes. und shall require the officers
Of ana Tor HBid town to levy, extend |
ana collect such taxes In IN" manner
provided by law
For the purpose ~ creating . fund |
Tor the puymrnt 0f the principal Of said |
bonds. and such taxes, when collected, |
shah be- Kept for ana applied only to
the payment ~ the interest ana prius !
rlpai II rnId bonds HH hcr"inbofDrn sp"- |
Cinpd.
Section 8 hnrr mid town han con |
Htrurtpd tho uuiI winter bFHirm, tho !
Same shall be managed Hud operated BY |
the said town, ana an wItrr tuNoH. |
rents and rates ~ whtor furniHh"d ana !
used thrfDfTDm shall be- directly col. /
ltrind by the said town IN such manner |
ua shall b" provided by ordinance. nrd !
tho proceeds ~ such iu2rH, rents ana /
rates. together with all Incomes there
from. Including IN" plumbing ana tupa |
ping ~ mains Hnd laying and connect
lnp supply pipes thereto, shall he used |
nrEi ~ dufTuy IN" running expenses Of
such wHiDrWurkH ana 10 keep the sam"
In rnpuir. second. FOR extending tho
mains thereof ana making additions
thereto whenever IN the opinion u IN" !
board Of trustceS OF baid town. such "a.