Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-11-27
AN ORDINANCE

AN OfNLJlTNAINNE
N the sum OF hftosn million lis 600 oOoj
dollars. being the unissued portion Of
hundred and dfty thousand seven VEN 6undrsd
and ninety-seven (42 $50 1919 dollars pro-
ds GE 81 S June oFfefP'H si h 6daane: s:
ssins & &supySalemeo1itarY ya to the sstd ordIaiin1cs
.s snd sons %eonstTqetion Of The be mstn building ,f Of
dsmaEes for the heretofore authorized
opening. widening and changing Of grade
dsmnaton Of parks and other purposes.
tcward p the remoya' OF grade CROSSINGS ~, IN
OF and payment for property. erection
snd construction of sewage disposal plants
area. toward the acquisition OF property
snd improyement Of the PARKWAY. to nay
taken for Fairnount and other parks;
CONSTRUCTION Of main severe copstructto1
Packer streets. construction Of branch
sewers. construction OF bridges grading
gsyins inter sections, improvsmert Of The
souievard; for the further imProysme1t
Pia1s. League Island Island PaFE fs and VTHT GoT.rn.
rnent avenue; toward the erection OF
land. erection and construction and equip.
mept OF the Philadelphia General Hospital
q Public Health and cparittes; toward
ssotons soon The Rt se.e art and aussS eommou coun
sils OF the city Of Philadelphia do ordain,
are hereby authorized 10 borrow at such
idsment the 5sst nsn 6tsqess n ths cy ns DE-
mand, from the highest bidder or bidders.
Se nd Credit o o2f the hess cy han of bs
deiphis; sum or sums which IN the aggre-
Of a loan Of torty-two million -four hundred
y s 'e9 dopqs 9qsdrea eqovdsG de
fe7 by an ordnsnce approved the 2ath day
q. sad ordnanee es' OF Juns 20 fss Tie sad
nftesn million t16 900 oooI dollars % be eI-
Sec. a., The money raised by the loan Or
ordiaanse shsij be- used ,foE the following
Free Library OF, PhiiadeIphia, two million
dollars: to pay I Tor damases Sfo for the oV bePe eg
tSs sefGre snS,r aUthorizsd dt opening widening and
sewers condemna ~ property foT parRs Is
and other purposes thirty-four thousand (34-
STossnss IN oUth Phadepha' as OF Der srsae con
tract dated March n "a 9ia 40 Seol seySn mIion
toward acquisition Of property, eTectiom and
construction Of sewage disposal plants and
one milton four RundFed' srd Fqf thIrfv-eisSi
Thousand u 45s ooo5 doiars. So toward ''ts the
taken and improvement ' ef the 9r PsrRway, PsIpRgsy
ntteen thousand tl5o00) dollars; 10 pay for
property heretofore taken ana 10 be taken
Tor Paramount and other parks. seventy.
four thousand "a OnO> dollars; construction
ZOO cool dolisTs OH Sonstr9cton d ot 0uTahn nam
sewers In Bigler ard do Paa6ckeI Pa6 streets. four
Nenango street, forty thousand C4O, OCOj dol
lars construction Of branch sewers, thirty
thousand tSO-O00) dollars, construction OF
bridges, fve hundred thousand 900 OOO) dol
lars grading streets, twenty four thousand
roads tRoRusSnd "a 900, doars dSafTy
psying inter rsections, twenty-eisht thousand
loving branches of he Boulevard Bensalen ms en-
Holme and Poquessing ayenues, one hundred
further improvement OF the South Broad
Street Boulevard, Plaza. League Island Park
neny o ns s
the construction OF Convention Hall, sup
nance % %spproYsd Juns 10, iS1i, NV twenty thou- Si-
sand go, O00) dollars, toward the acquisition
%snt aHa % the e'4 PSade pRia Gensrs an Hospital.
Nurses Home and the other buildings under
Paehsm Wo handred tboassnd Zoo ooo doiars To-
million fTn 'R q ooe IoSS ooo} doars 10 ar N' u'su 0H'
Sec. 3 Interest on the said loan a. rate
eentum per snnum shall be paid, by. the City
Of philadelphia half yearly, on, the nrst day.
Once e Of 'ViSa The lscai agency Of the city q
rhiIsdelphia Certinc{atss {sI,, Of the said loan
as the lender may require IN the sums, Of
ore hgndred 900 dollsrs land and Its pq9ttigIssi 7!
bs expressed in the said certihcatss that ths
loan therein mentioned is payable in thirty
years after date thereof, end that the priir,
cipai and interest on said loan are payable
IN lawful money of the United States, free
from all taxes
SEC 4 Whenever any loan shan be
created by virtue Of this Ordinance. there ii
~ force OF this, ORDINANCE an annual tar
levied of six and one-half t6la , per Certunl
or the par value OF such certificates Sc
issued 70 pay the interest also the prin,
cinal of such loan within thirty years and
there Is hereby annually appropriated 20 ths
Commissioners Of the Sinking Fund, out Of
tha taxes so collected a sum suf1cient tc
paw the interest on said loan, also the prin
clpal thereof. within thirty years and al
the same becomes payable. The appropria
tion for the interest to be paid Bemiannually
and for the Sinking Fund quarterly to thI
said Comml sioners.