The Julesburg grit-advocate., 1918-12-05
ORDINANCE NUMDEa IN.
Continued from first paee)

be applied solely for the purpose Of
the payment of said interest and the
principal of said bonds, respectively,
and for no other purpose whatever, un-
til the Indebtedness SO contracted un-
der this ordinance, both principal and
interest, shall have been fully paid,
satisfied and discharged; but nothing
herein contained shall be 70 construed
IS to prevent said town from apply
ing any other funds that may Be in
the town treasury and available for
that purpose, to the payment Of the
principal or interest. as the same re-
spectively mature; and the levy or lev
les herein provided for may thereup-
on to that extent be diminish ID, and
upon the payment Of the principal Of
any Of the bonds issued hereunder in
said manner. or by the use Of the
sinking fund herein provided for, tie
levy or levies herein provided for the
payment Of interest may to such ex-
tent Of interest on the bonds 20 paid,
be diminished.
And the sums hereinbefore provid-
ID for. to meet Tie interest On ssid
bonds and to discharge the principal
thereof, when due. are hereby sppro-
priated for that purpose, and said
amount for each year shall also be in
cludsd in the annual appropriation
bills passed by the board Of trustees
Of said town in each year, respective
ly.
Section 5. It shall be the duty Of
The board Of trustees Of said town an
nually, at the time and In the man.
ner provided BY law for levying other
town taxes, il such action shall be
necessary, to effectuate the provisioas
Of this ordinance, to ratify and carry
out the provisions hereof with refer
ence to the levying and collection Of
taxes; anA shall require the officers
of and for said town to levy, extend
and collect such taxes in the manner
provided by law for the purpose Of
creating a fund for the payment of
the principal Of said bonds and inter-
est thereon. and such taxes when COL
lected shall be kept for and applied
only to the payment Of the interest
and principal Of said bonds as here
nbefore specified.
Section 6. All ordinances, bylaws
and regulations of the Town Of Jules
burg in conflict with this ordinance,
are hereby repealed.
Section z. This ordinance shall be
and remain irrepealable until said
bonds and the interest thereon shall
have been fully paid, satisfied and
discharged as herein provided.
Section 8. This ordinance, immedi-
ately on its final passage shall be re-
corded in the town book of ordinances,
kept for that purpose, authenticated by
the signatures of the mayor and town
clerk. and shall be published in the
Julesburg Grit-Advocate, q newspaper
published and of general circulation in
said town of Julesburg
Section Q. In the opinion of the
board of trustees of the town of Jules
burg the extension of the waterworks
system of the town of Julesburg is
necessary for the immediate preserva-
tion of the public peace, health and
safety of the community, for the rea-
son that the health of the people of
the town of Julesburg, and the ade-
quate protection of the property of
the town and the inhabitants thereof
from fire, demand an immediate in
therefore declare that an emergency
take effect and be in force five (5)
! days after its passage and publica-
tion.
Passed and adopted, signed and ap-
proved, this 3rd day of December, A.
d. 1918.
| (SEAL) G. H. AUSTIN,
| Attest: Mayor.
! G. S. KINSMAN, Town Clerk.
Published December 5. A. D. 1918.
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