Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1916-05-30
OFFICIAL

An ordinance to adopt and approve
the form of the bonds and coupons
| of the $4,000 annexation bonds dat
ed NAV 1st, 1916 and to rratlty the
] sale thereof by the Finance Commlttee
and to amend in respect to fhe ap-
plication of the proceeds OF SAID bohos
an ordinance approved April Srd:
1916 entitled, "An ordinance TO SCI
apart sum equal to twelve per cen.
tum of the value of lands IN tha1
portion of Alexandria county anu
that portion of Fairfax county an
! nexed to the city of Alexandra by
a decree of the Supreme Court OF Ap-
meals entered in the city OF Rlch-
mond. March 22nd, 1915 and effective
April 1. 1915" and for other pur-
noses in relation to the said oonus 5:
Be it ordained by the city councl!
| Of Alexandria:
Section That section / OF an or
dinance approved April 3, 1916 EMU,
tied can ordinance to set apart a SUN I'm
equal to twelve per centum Oh tne
value of lands in that portion Oh Alex
andria County and that portion Oh
Fairfax County annexed to the Guy
Of Alexandria by a decree OF the
Snnreme Court of Appeals entered rec
in the city of Richmond March ~
Io15 and effective April l, 1919, De
and the same is hereby amended Dy
| adding thereto the following, WoI as
"whether such bonds shall reallze az. .no
| sum of s69,O71. &c or not" SO tnae Ih !.
said section as so amended snaii rei.
THAT in order to set aside any
obtain the said sum of slXt7-cign!
,h,usand. scventy-one dollars anu
s;ytv-six cents ($6s,O7l. $50 the Au-
d;tor of the City of Alexandra un-
dor the direction of the Commlttee
IN Finance of the City Council IS
Serebv authorized and instructed &c
issue seventy thousand dollars Saa1s,
900 .OO) of registered orr non.resi -
tered coupon bonds OF the Guy t "
Alexandria bearing interest at tne
rate four az per centum per annum
and having twenty-five (22) years
~ RIM The bonds hereby authorlZ-
cd shall be sold at such times and IN
euob amonnts as the Committee on
FINANCE may direct, whether sli sue
bonds shall realize the sum OF 800
Gil Sc or not" .;-
Section 2-That section 2 of the
sand ordinance approved April 8
1a1S he and the same is hereby amend
cd bv adding the words IF such pro-
~ sbal, AGGREGATE s69,071. Sc" SC
that said section as so amended sha'
read: H. ho,ds
"2. Of the proceeds of the bonds
if such proceeds shall aggregate soe''
OH. sc twenty thousand five nunarsv
and siyty-six dollars and twenty
! cents $500, 566 20) is set aside to DC
anplied to the improvement OF terri
torv formerly part Of Alexandra
Connty annexed to the City OF Alex
andria April l, 1915, which sum 81
set apart shall be drawn upon only
for public improvements within the
said annexed territory.
Section 3-That section OF tLt
said ordinance approved April 3, i9l'
&c and the same is hereby amended by
aiding the words eff such proceed:
, shall aggregate $6S,071 .66' 80 thai
sa;d section as so amended shall res;
as follows:
"3-Of the proceeds Of the bonds
if such proceeds shall aggregate SGS,
OIL &c, forty seven thousand five
hundred and five dollars and forty
six cents ($47, sos. 46) is set aside tt
be applied to the improvements OF
the territory formerly part, Of Far,
fax County annexed to the City OF
. Alexandria April l, 1915, which sun
), so set apart shall be drawn upon only
! for public improvements within the
i said annexed territory"
Section 4-That the said ordinance
! approved April 3, 1916 be and the
same is hereby further amended hy
changing the section number of Sec
ton a from 4 to 5 and by adding I,
new section a which shall be as fol
lows:
'4-If the proceeds of said bonds
I shall be less than S69,071 &C the ap-
! preparations from the proceeds there
of made in section 2 and 3 OF tins
ordinance shall be proportlonately re-
daced and the amounts by which the
same are reduced shall be made up
! and are hereby appropriated from the
general receipts of the city obtain.
e,i from the taxes assessed on roa
and personal property.
................. ........s.. ..-.'.'