Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1916-05-29
OFFICIAL.

An ordinance to adopt and approve
the form of the bonds and coupons
of the $4,000 annexation bonds DAT
ed May 1st, 1916 and to ratlty tne
sale thereof by the Finance Committee
and to amend in respect to the APP
plication of the proceeds of said Bonds
an ordinance approved April Srd.
1916 entitled, can ordinance to sci
apart a sum equal to twelve per cen.
,tum of the value of lands in that
portion of Alexandria county anu
that portion of Fairfax county an
, nexed to the city of Alexandra by
decree of the Supreme Court OF Ap-
meals entered in the city OF Rich
mond, March 22nd, 1915 and effective
April /. 1916" and for other pur-
poses in relation to the said bonds :;
Be it ordained by the city counci!
of Alexandria:
Section THAT section l Of an or
dinance approved April 8, 1916 emil
tied can ordinance to set apart sum
equal to twelve per centum OF the
value of lands in that portion OF Alex.
andria County and that portion OF
Fairfax County annexed to the city
of Alexandria by a decree OF inc
Supreme Court of Appeals entefea
in the city of Richmond March ~
1918 and effective April l, 1915" be
] and the same is hereby amended by
i adding thereto the following words
"whether such bonds shall realize the
s,,r, NJ s62 OH sc or not" so that the
said section as so amended snail reaa;
"i-That in order to set aside ana
obtain the said sum of sixty-elght
thousand, seventy-one dollars anu
s;yty-six cents ($68,O7l .66) the Au-
ditor of the City of Alexandria un-
dor the direction of the Committee
m Finance of the City Council IS
hereby authorized and instructed 10
(! ;ssue seventy thousand dollars ($fo'-
Don. OO) of registered or non-regiS.
tored coupon bonds of the city OF
Alexandria bearing interest at tne
rate four (4) per centum per per annum .n
and having twenty-five VIZ years
to run. The bonds hereby autnoriz z:
ed shall be sold at such times and IN
snch amounts as the Committee on
Finance may direct, whether sue sl,eh
bonds ar shall realize the sum of $685.
Gil &c or not.
Section 2-That section 2 OF the
sand ordinance approved April o.
1916 be and the same is hereby amend
cd by adding the words 'if such pro-
ceeds shall aggregate $6S,O7! 30 SO
that said section as so amended Sha'i
read: ~ ,J-
"2. Of the proceeds of the bonds
if such proceeds shall aggregate S6o'-
OH .G6 twenty thousand five hundreo
and sixty-six dollars and twenty
cents (S2O,566. 20) is,set aside TO De
applied to the improvement OF terri
tory formerly part Of Alexandra
| County annexed to the City OF Alex
andria April /, 1915, which sum so
set apart shall be drawn upon only
for public improvements WltclA Vhe
said annexed territory"
Section 3-That section Of ire
said ordinance approved April 3. 1916
&c and the same is hereby amended ny
idng the words eli such proceeds
shall aggregate $6S,O7l .66' 90 that
said section as so amended shall read
as follows:
"3-Of the proceeds of the bonds,
if such proceeds shall aggregate $685.
OH &c, forty seven thousand five
hundred and five dollars and forty
six cents 1905. 46) is set aside to
be applied to the improvements oil
the territory formerly part of Fair
fax County annexed to the City OF
Alexandria April l, 1915, which sum
so set apart shall be drawn upon only
for public improvements within the
said annexed territory"
Section 4-That the said ordinance
approved April 8, 1916 be and the
same is hereby further amended ny
changing the section number of Sec
ton 4 from to and by adding Il
new section a which shall be as fol
lows:
'4-If the proceeds of said bonds
shall be less than $6S,071. 66 the APP
preparations from the proceeds there
of made in section 2 and 8 OF this
ordinance shall be proportlonately re-
duced 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
ell from the taxes assessed on real
and personal property.
'.,....' ......'
$500
4. e