The weekly Iberian. (New Iberia, La.) 1894-1946, 1917-09-22
ORDINANCE No. Ia.

demand IN The City OF New Iberia
for the mourning of debt aud issu
lng of bonds tn represent SAID
debt to provide for the oonstrnc-
tlon Of public roads aud highways
IN The City Of New Iberia and in
the Parish of IBERIA adjacent to-
the City of New Iberia and lead
ing INTO said City; and
WHEREAS the assessment OF
the City of New Iberia for the
year 1916, being the last assess
ment roll on file ia 81, 204 576 50;
and
WHEREAS the City Of New
Iberia has used part of it's avail
ability for the issuance of honda
for the construction Of u light,
Power and Water system and
there are outstanding and unpaid
of said bonds SO 600 which said
bonds were issued October 10Th
1900; and
WHEREAS deducling from
the entire assessment, viz, 81,
29I ,57G 80; $4,000 to represent
The outstanding bonds issued for
The construction Of a Light, Power
and Water system on Q
leaves an availabili
~ of S2 l44,576 80 of assessment
in the Oity of New Iberia which
can be used for the issuance Of
bonds; and
Whereas it ia shown hat bonds
to the extent of Two Hundred and
Fourteen Thousand Dollars (S214,
00O) can he legally voted with this
availability.
THEREFORE, BE IT OR
DAINED by the Mayor and
Board of Trustees of the City Of
New Iberia, State of Louisiana,
that the City of New iberia,
through its Mayor and Board of
Trustees do hereby call an cleo.
ton in the City Of New Iberia on
Tuesday the 10th day Of October
1917 between The hours Of seven
A. VI. and five p. M.
BE IL FURTHEa ORDAiN.
ED, That at the said special cleo.
iion there shall be submitted to
the property taxpayers qualified
to vote under the Constitution
and Laws of the State of Louisi
ana, the following proposition. 10
wit: To authorize the City OF New
Iberia, through >its Mayor and
Board of Trustees TO incur debt
and 10 issue bonds to represent
said debt to the extent Of Seventy
Five thousand Dollars $50, 000).
said bonds to bear interest AT the
rate of five per cent g per cpn)
per annum, payable semi annually,
and the interest aud principal to-
be payable in such amounts and
in such places and at such times
as the Mayor and the Board of
Trustees of the City of New Ibe
ria may determine, said bonds to
run for Il period not exceeding
thirty five years and the proceeds
Of sale at not less than par TO he
used in the construction of pubic
streets and highways within and
without the limits of the City of
New Iberia, but Immediately ad.
jacent thereto, and all within the
limits Of the Parish of Iberia-as
in the discretion Of the Mayor and
Board of Trustees may subserve
the best interests of said City,
and the said bonds TO be issued IL
accordance with the authority
vested by Articles 2S1 aud 800 of
the Constitution Of Louisiana md
Aet 200 of the Legislature of 1910
as amended
BE Ii FURTHER ORDATN-
ED, That o notice Of this special
election be duly advertised in ac
cordance with law and the said
notice to embrace snbstantialIy
ali things above set forth, and the
Mayor and Board of Trustees. as
the governing authority of the
City OF New Iberia, will meet In
open session at the City Hall al
New Ioeria, Louisiana at len
O'clock A. Nj on Wednesday the
18th day ut Oesohel 1917 aud then
and there proceed tn open the bal
lot boxes, examine aud connt The |
ballots ia number and amounts, |
aud make returns as TO the result |
nf the election.
BE IL FURTHER ORDAIN. |
ED. That the Mayor Of he City |
u New Iberia be and he la hereby |
authorized aud empowered 10 have |
he necessary ballots printed for
he said election which said bal.
OTIS shall contain the foregoing
proposition drawn up In accord
sncn with law and The provisions
# this ordinance, and he shall
provide ballots and the necessary
banks and telIers' sheets and par
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