Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-11-22
AN ORDINANCE

in the sum OF fifteen million $4,000, 000)
dollars, being the unissued portion of a
loan in the sum OF forly-two million four
hundred and fifty thousand seven hundred
2oth day Of June, 1910 this Ordinance
OF June 20, 1915, the said fifteen million
dollars to be used toward the erection
the Free Library OF, Philadelphia; to pay
damages for the heretofore authorized
opening, widening and changing of grade
OF streets, construction OF sewers, con
demna tion Of parks and other purposes
toward the Temoya' of grade crossings In
of and payment for property erection
and construction of sewage disposal plants
and sewerage system Of Frankrord creek
area; toward the acquisition Of property
for property heretofore taken and to be
construction of main sewers; construction
Of main sewers in Nenango, Bigler and
sewers; construction of bridges; grading
streets; Improvement of country roads;
Boulevard; for the further Improvement
Of the South Broad Street Boulevard,
ment avenue; toward the erection OF a
ConventTon Hall; toward acquisition of
ment OF the Philadelphia General Hospital
and Nurses Home, and other buildings
9gdfT the Of ns
the erection Of m n,aAt Art nH Museum Conn
ellis of the City of Philadelphia do ordain,
That the Mayor, city Solicitor and, CITY
CONTROLLER. or any tive, Of them. be ard they
times and in such proportions as in their
Judgment the best iGteres,s Of the Gity SGSo de-
BY advertisement, at not Tess than par, on
the faith and credit or the City of Phila-
eate Shall S1 not or exeeed s%S feen million m U.s.
900 000) dollars, being the unissued portion,
of loan of forty-two million four hundred
M nd hundred
nu nine,yseyen Hssy '"2GS4 94So 7a dollars provided
for by an Ordinance approved the 20th day day
the said said ordlnance % nee Of June 90 1918; the said
fifteen million ia, 900 Ooo) dollars to be ex-
Of this ordinace. "
loans ans authorized ' By the aTst Section e this
purposes, to witt Toward the, erection and
eGonstrqction of The main building .,,,thS OF the
four four hundred and ifty thousand e; 45o, oOOj
dollars: to pay for damages for tAsgERATs'
tefore authorized opening; HHnstl widsni
and ana other purposes, thiITty'foar thopsa
tract da.sd, March i 2sSi S lsit y aGo SsyS3n SCS3
CONSTRUCTION SmS Of sewage disposal plant
ons moS sy's fSar p hunded Snd Sf hr
thousand Il, 4ss, ooo) dollars; toward e
sesnst9ga Of Ma the for pTgS
fifteen H thousand % and i5' ooo} dollars; to pay for
property heretofore taken and to be taken
four Thousand t74, OOOJ dollars; construction
Of main sewers, four hundred thousand
se%eTs in HSrS Bser and Packer Streets four
hundred thousand (4oo, 900 dollars, and in
lars; Construction OF branch sewers, thirty
bridges, i've hundred thousand $500, oOo) dol.
nj streets. tWentN-tOur Thousand
ga OOO) dollars; Improvement Of country
roads, slNty-seven thousand l6i 9ooI dollars
(2S, ,0O0) dollars Improvement OF the tol-
lowing branches of the Bouevard Bensalem
and sixty thousand (l80, ,000) dollars; for the
further Improvement of the South Broad
and Government aysXde. Ave hundred and
twenty thousand (520, 000) dollars; toward
piementIng money borrowed under an, Ordi-
nance approved June 10, 1911, twenty thou
sand GO, 0OOl dollarsi toward the acquisition
ment OF the Philadelphia General Hospital
Nurses Home and the Hther 6pldngs b unasr der
two two hume hundred thoussnd 1000 OoOj dollars; to,
ward the ere ereeGdt69011 eGdt01 G,s Of an Art Museum one
Sec 8. Interest on the said 'oan a. rate
centum per annum shall be paid by the City
OF Philadelphia half yearly, on the first days
Of the months Of January and July, at the
Philadelphia. Certificates OF the said loan
shall be in the usual form, In such amounts
as the lender ma may require IN n the sums sums OF
in registered or coupon forms, and II shall
be expressed in the said certificates that the
loan therein mentioned Is payable n thirty
cipai and interest on said loan are payable
in lawful money of the United States, free
Sec. 1. Whenever any loan shall be
created by virtue OF this Ordinance, there is,
levied OF six and one-h half t6h) per centum
on the par value of such certificates 50
cipai of such loan within thirty years, and
there is hereby annually appropriated to the
Commissioners ot the sinking Fund. out pt
pay the interest on said loan, also the prln-
cipai thereof. within thirty years and as
tlon Tor the interest 10 be paid semiannually,
and for the Sinking Fund quarterly TO the
raid Comnisslontta.