Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-02-09

Citys portion Of the cost Of paving
improvements within the city.
Section 1. For the full and prompt pay
nent Of the interest and principal Of the
bonds hereby authorized full provision
shall DO made for the assessment, levy,
collection and application Of an an
nual tai, and In particular (but not in
Limitation of the foresoins) there shall
be and there IL hereby levied, and there
shall be collected, direct annual tax
upon ell the taxable property within
said city, sufficient to produce at least
the following sums, Tor the following
years, respectively:
For thu year 1913. tax sufficient to
produce the sum Of $4,000. being
t964o- for interest due November LIST
1918. ana $500 for interest due May 1st
1919, and $3.50, for interest duo No
vember Let, 1918.
For the year 1913, a tax sufficient to
produce. tho sum Of $4,000, being
$3.50 for interest duo May LIST. 1920:
and $500 for interest and $1,000 for
principal due November 1st 1920.
For the year 1920. tax sufficient to
produce the sum Of $3.50, being $3.50
for interest due May LIST, 1921. and
1880 for interest and $1,000 for princi-
pal due November list, 1921.
For the year 1921. tax sufficient to
produce tho sum Of 5000. being $685.
for interest due May list, 1929. and
$685. for interest due November LIST,
1922, and $1,000 for principal due No
vember LIST, 1922.
For the year 1922, tax sufficient to
produce the sum OF 1880, being $40
for interest due May LIST, 1928. and $240
for interest and $500 for principal
due November LIST. 1928.
For the year 1923. a tax sufficient to
produce the sum Of $3.50. being $1s5
for interest Due May LIST. 1924. and
$165 for interest and $500 for princi-
pal due November LIST, 1894.
For the year 1924, tax sufficient to
produce the sum Of $500, being $50
for interest due May 1st, 1925 and $3.50
for interest and $1,000 for principal
duo November LIST, 1925.
For the year 1926, q tax sufficient to
produce the sum Of $1,710. being sos
for interest duo May LIST, 1926 and sos
for interest and $500 for principal
due November LIST. 1926.
For the year 1926, tax sufficient to
produce the sum Of $2,120, being $50
interest duo May LIST, 1927 and $50 for
interest and 5000 for principal due
November 1st 1927.
Section s. Said taxes shall be. when
collected, converted into fund to be
known az tho Improved Bond Fund,
Series February, 1915" which shall be
used for the payment OF the bonds
hereby authorized and the coupons
thereto attached; as said coupons and
bonds respectively become due, and for
no other purpose whatever. Said
taxes shall be collected each year
in the same time and manner al. and
with, and in addition to all other
taxes and in and for said City, and
provision to meet the requirements OF
this Ordinance shall be included each
year in the annual appropriations, and
in the annual tax levy. This ordin-
ance shall be irrepealable until the
bonds hereby authorised, principal and
interest, are fully paid and discharged.
Said City hereby obligates itself an
nually in due time, manner and season,
" pSE1OIAk 6Au I&1hS Ola uSS4OAA GAAIAoA
ICED or required by the laws and Con-
stitution Of the State of Iowa, to carry
out the provisions Of this ordinance.
Section 6. All ordinances and reso-
buttons. or parts Of ordinances and
resolutions in conflict herewith, be and
the same are hereby repealed.
Section Z. This ordinance shall take
effect and be in force from and after
Its passage end publication as by
Statute provided.
Passed January %, 1918.
S. H. REILLY.
Mayer.
Attest: o. A. RcsENGREN,
City Clerk.
tsEAL).
The foregoing ordinance Is hereby
approved this 28th day OF January.
1918. 49, = * 4
8. r.. REILLY,
Mayor.
Attest: o. \. RosENGREN.
..s City Clerk.
60 8 It.