The Arvada enterprise. (Arvada, Colo.) 1908-1970, 1915-09-02
Town Board Proceedings.
EDGEw AFTER WATER BONDS
ORDINANCE.


| AN ORDINANCE TO CONTRACT AN
INDEBTEDNESS ON BEHALF OF
THE TOWN OF EDGEWATE:R. col.
THHH hR I:o ENR T ,ssiS,S TIE E SHEDII
SAID TOWN TO THE AMOUNT OF
FORTY THOUSAND DOLLARS, FOR
THE CONSTRUCTION OF WATER
WORKS FOR FIRE AND DOMESTIC
PURPOSES. PRESCRIBING TIL L
FORM OF SAID BONDS AND PRO
NlDlNG FOR THE LEVYING OF
TANES TO PAY THE SAME.
! WHEREAS majority of the voters
Of the town OF Edgcwater who were
taxpayers under the law, voting on tn,
question at "A special election held Aug
ust End, 1918. at the town hail Of Edge
water. approved by the vote of said
electors the erection by said town OF
waterworks for fire and domestic pur-
| poses In and for said town. the funds
Tor which were to be raised by the is
suance OF the negotiable coupon bona
OF said town In an amount not exceed
ing forty thousand dollars; and.
| WHEREAS. the board Of trustees of
| said town does now deem II necessary
to proceed to construct said watcrworks
| ana to issu. the necessary bonds to pro-
| vide funds therefor:
| NOW THEREFORE, BE IT ORDAINED
! BY THE BOARD OF TRUSTEES or
THE TOWN OF EDGEWATER. COL
ORADO:
| Section |. THAT "A system Of water.
works FOR Mr.. and domestic purposes
u
! OF trustees of the town Of f:dgcwater
OF such capacity, extent and magnitude
AZ to said board may deem necessary
Tor the needs of tn" Inhabitants OF said
town. said system To be owned, manng.
ed and operated by the town.
Section 2 That suitable and ncc.s.
sury ground. rights Of way. water and
water rights b" acquired By said town
! by purchnSc, donation, condemnation or
otherwise, for tn" proper construction
operation ana maintenance OF snil sys.
| tenn Of water works
! Section g. That FOR IN" purpos. of
| providing funds Tor tn" construction
ana erection OF such system OF water.
works tn" town shall iSsu" tn. nogot.
liable coupon bonds thereof In the ng.
gr"ght" amount OF forty thousand dol
lars, Consisting OF eighty bonds In tn"
/ denomination OF nv" hundred dollars
! rnch, payable In lawful money Of the
! United states, and bearing interest
] from and after tn" first day Of S"ptom.
/ Der \, -. 1915, NJ tn. rat. OF nvc and
Onc'hnlf per ccntum tbh.) per an.
] mum, pnyAbl" s"mi-annuHliy on the FIRST
I day Of March ana the first day of Sep
I TENDER IN each year and evidenced by
. coupons attached to said bonds. Said
/ bonds shall b" numbered In regular and
| CONSECUTIVE" order, commencing with
number one, and shall be payable In the
order OF their number on tn" nrst day
OF September \, -. 1890. III" board OF
| trustees OF IN" town OF Edg.wHt.r re.
serving tn" right however Of paying
| IN" sam" on or after tn" mrs, day Of
| September A. - 1895 Said bonds and
/ IN" coupons attached thereto shall b."
] pnynbl" u, tn" banking house Of Kountz
l Bros, IN the city Of New York, u. s, A.,
| or ~ IN" ONO" OF IN" town treasurer Of
/ the town Of EdgowntDr Colorado. al tho
option OF the holder. said bonds shall
! bear dat" the first day OF September a.
! y 1915 shall b" signed by the mayor.
ntt"Ht"d by III" town clerk and record
"f, under tn" official seal Of said town,
coun'ofslgn"d by tn" town treasurer.
ana shall b" recorded In book to be
! Kept by tn" said town clerk for that
| purpose All coupons shall bear IN" orig.
! innl or fHc.Himll. Hignatur. Of the
. treasurer ~ said town
section T. said bonds and IN" coup.
pns thereto attached shall be In sub.
r'Hn'iully tn" following form:
UNITED STATES or AMERICA
stat" of Colorado
/ County ~ Jefferson
No $1,000, Town Of tdEDwhtef.
$4,000.