The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1918-04-02

certificates Of Indebtedness were provided fol
in said Improvement Resolution Number
were ordained to have been duly made, anC
the issuance of said certificates ratified anC
confirmed, and whereby said certificates were
! ordered deposited in the City Treasury OF Inc
CITY Of Lakeland Florida and which saic
/ Ordinance Number ZIG and Ordinance Numbel
2lS amending same provided for the issuance
Of Improvement Bonds against said ceruncate'
in the sum Of Fifteen Thousand Dollars, and
! WHEREAS, the said Certificates IN tota
SIM of Fifteen Thousand Dollars had peer
duly deposited in the City Treasury at ina
time against which said Ordinance PROVIDED
said bonds should be issued, and,
| WHEREAS, said bonds have been duly Is
sued and sold, and c.-.,a..a,
/ WHEREAS, the total amount of Certificates
If Indebtedness issued against said property
under and by virtue OF said improvement keS
oluton Number l, was $16,4l7.93, and,
/ WHEREAS, Improvement Bonds have no
heretofore been issued as against certain U
said certificates in the sum OF Sl,4li.s", ail'
j WHEREAS, the said City Commission OF I'M
sail CITY of Lakeland desires to deposit sale
certificates of Indebtedness in the sum O
$l.417.93 together with the certificates OF IN
debtedness which have been issued agalls
the property herein before described, pur.
suant to Improvement Resolution Number = az
aforesaid, in the City Treasury, and desires
the purpose of paying for said improvements
said bonds to be issued against said certl
ficates, but for an aggregate amount mol u
exceed total amount OF certificates OF IN
debtedness so deposited.
! THEREFORE,, BE 1T ORDAINED by tht
City Commission OF the City OF LaKeiahu
florida, as follows:
Sec l. That the construction OF the I'm
proyements on the streets, or parts thereon
az hereinbefore set FORTH be, and the same
are hereby, finally accepted by the 'itS com
mission Of Lakeland, for and on behalf OF the
CITY Of Lakeland Florida, said acceptance be-
ing, however, subject to maintenance agrees
ment made by contractor.
/ Sec. 2. That the assessments as made ano
completed, for which certificates OF lndebteo'
ness have been issued and which have been
entered in the Lien Book for Street improve
mentS. are hereby duly confirmed and ratihed
and the amounts shown therein against each
let or tract of land shall constitute lien
thereon superior to all other liens. saving
and excepting therefrom State, County ara
Municipal taxes, and further saving and ex-
Cepting liens for work for street improvements
of sidewalks and Sewerage, with which they
shall be of equal dignity.
Sec. 3 That Certificates Of Indebtedness
as issued against each tract, or parcel OF
land, as set forth in improvement resolution
Number 2, together with that portion OF the
certificates of Indebtedness, as issued against
each tract Of land, or parcel OF land, as So
forth in Improvement Resolution Number l.
ir the sum of 81 4l7.93, against which no i'm
provement bonds have been issued, be depos-
tied in the City Treasury of the City OF
/ Lakeland, Florida.
Sec. 4. That bonds of the City OF Lake
land. Florida, to be known and designated as
/ Improvement Bonds" be issued in the az
q gate sum of Thirty Thousand Dollars, and
numbered from One TO Sixty, inclusive the
m ha against =
tiicates of Indebtedness so deposited, as au-
thorized by Chapter 1854 Of the Acts of the
Legislature of the State Of Florida fer 1918
which said amount of Thirty Thousand Dol
lars is not in excess of the aggregate amount
of the certificates of Indebtedness deposited.
with the City Treasury, The said bones shal!
nature in one two, three, four, five, six seven
eight nine and ten years after date, bearing
interest at the rate of SIX per centum per an,
rum, payable semi annually, and each bond
shall have attached thereto interest coupons
The said bonds shall bear date as OF April
lst 1918, and shall be issued in the sum OF
Eve Hundred Dollars each, and each interest
coupon shall be for the sum OF Fifteen Dol
hrs The said bonds shall bear a certificate
duly signed by the City Treasurer, certifying
that the amount OF the certificates OF indebt
edness so deposited, and against which tht
said bonds are issued, are at least equal II
amount to the face value OF the bonds belli
issued Each of said bonds shall be signet
Nv the Mayor and Clerk, respectively, and TIT
| fay- smile signatures to be of the same force
and effect as the signatures in fact OF thu
said Mayor and Clerk.
Section 5. That the said bonds, when is
sued shall be substantially the following
form, to-wit:
! Seyies- Number--
United States Of America
State of Florida
County of Polk