Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1918-08-15


Section 2. That in order TO pro-
vide fund for the payment of inter
est and principal of said bonds, be-
coming due on January 1st of each
of the years 1920 to 1884, both years
included, there be and there is hereby
levied for the year 1918. upon all the
taxable property in said City, in ad-
| dition to other taxes heretofore pro-
vided to be levied by said Ordinance
Number 207, a tax sufficient to pro-
duce the sum of S1,375; that said sum
! of S1,375 when collected, be kept as
| a separate fund and used for the pur-
pose of paying principal and interest
becoming due and payable January
/, 1920; that thereafter said fund be
reimbursed each year from the taxes
heretofore provided to be levied by
said Ordinance Number 207, when the
same shall be received, so that said
City shall have on hand on January
LIST of each of the years 1921 to 1884,
both years included, funds sufficient
to pay the interest and principal ma
turing on January LIST of each of said
years.
That interest accruing January /,
1919 in the amount of 1915 be paid out
of the general funds of said City and
that said fund be reimbursed in like
amount out of the taxes heretofore
levied by said ordinance number 207
for the year 1918, when the same
shall be received.
Section 8. That this ordinance be-
come effective upon its passage, ap-
prevail and publication.
The Board of Public Works having
reported in writing that after due adj
vertising the bid of Mccoy & Co., for
the sale of $4,000 Water Works bonds
and $4,000 public building bonds as
set forth in Ordinace No. 207 and 208
and the bonds sold by them to Mccoy
4 Co., of Chicago, H., for par, ac-
cumulated interest and 1882 premium
and that the bonds were thereupon
sold to said Mccoy & Co. on said terms
they being the highest bidder there
for, whereupon Alderman Bamberg
introduced the following resolution
which he moved be adopted and said
motion was duly seconded by Alder
man Whitrock.
Board of Public Works be approved
and the sale of said bonds as set forth
in Ordinance No. 207 and No 208 to
Mccoy & Co. for par, accumulated in
terest and 1882 premium be accepted
and that the Mayor and City Clerk be
forthwith authorized and directed to
make said sale and execute and deliv-
er said bonds pursuant to said ordi-
nance.
Said resolution was unanimously
passed the following Aldermen voting
aye, Ernser, Bamberg, Burchell, Link,
Horton, Geoghan, Roenius Plenke,
Lynch, Bealer, Schlig, Whitrock, Jack
son, Hansen, Lemense and Damon. No
Alderman voting no.
Due proof having been shown to the
Common Counril thath the City Clerk
of the City of Grand Rapids, Wiscon-
sin has heretofore caused to be public
ly and printed in the Daily Leader an
Official paper of the City of Grand
Rapids the Resolution of the Com
mon Council dated the End day of
July 1918 entitled Notice to the people
of the City of Grand Rapids of the
proposed ordinance providing for the
issuance of $4,000 public park bonds
of the City of Grand Rapids, together
with the proposed ordinance thereof
that due proof of said printing and pub
fishing is now filed with the City Clerk
of the City of Grand Rapids and there
upon Alderman Roenius duly moved
that ordinance No. PIP being an or
dinance for the issuing of $4,000 pu-
bile park bonds of the City of Grand
Rapids as hereinafter set forth in full
be adopted, which said motion was
duly seconded by Alderman Bealer
and thereupon said ordinance was read
and thereupon was duly adopted by
said council, the City Clerk calling the
roll-call, Alderman Ernser, Bamberg,
Burchell, Link, Horton, Geoghan, Roe
MUS, Plenke, Lynch, Bealer, Schlig,
| Whitrock,- jackson, Hansen, Lemense
and Damon voting aye and no Alder
man voting no. The Mayor thereup-
on declared Ordinance No. PIP duly
adopted and said ordinance being as
follows, to-wit:
ORDINANCE NO. Pig
| AN ORDINANCE providing for the IS
! suance of $500 Public Park Bonds of the
| city of Grand Rapids, Wisconsin.
| WHEREAS, this, the city of Grand Rap
| ids Wisconsin, has purchased certain
| lands for public park purposes, and there
is now due. and unpaid Of et the Zoo purchase Sc
price therefor. the sum of $4,000, and IN
| order to make such payment, it is neces-
sary to borrow said sum of $28 600 and is
sue the bonds of said city therefor:
| NOW THEREFORE,, the Common Coun-
| ci! of the city of Grand Rapids, do Ordain
| as follows:
| SECTION l. That there be borrowed on
| the credit of the city of Grand Rapids in
| the county of Wood and state of WiScon-
| sin the sum of SOS, 600 for the purpose of
| for coid