The Wisconsin tobacco reporter. (Edgerton, Wis.) 1877-1950, 1919-07-25
Proposed Ordinance.
OFFERED BY ALDERMAN ATwELL.


dollars 1913, 000) for the purchase and
improvement of certain lands within
the City of Edgerton. to be used for
the purpose of park and public grounds.
The Common Council of the City of
Edgerton do ordain:
Sec |. That for the purpose of the
purchase and improvement of certain
lands in the City of Edgerton to be
used for park and public grounds, said
lands being the same as are described
in options secured on behalf of the City
of Edgerton on property now belonging
to w. L. Pomeroy, o. G. Moen, G. H.
Hanson, Amelia Ellingson, 2. M. Ell
lingson and Clarence Swenson, which
said options and descriptions are on file
in the Office of City Clerk of said City
of Edgerton, there be, and there is
hereby authorized the issue of the City
of Edgerton municipal bonds to the
amount of eighteen thousand dollars
($18, 000) in 100 bonds of the denomina-
ton of $500 and $500 and numbered
from No. l to No. 100 inclusive. Said
bonds shall bear date of the first day
of August, 1919, and shall be executed
under the hands of the Mayor and City
Clerk and attested by the corporate
seal of the City of Edgerton and shall
be issued in all respects in compliance
with the requirements of Section 926-11
of the Revised Statutes of Wisconsin,
and Section 943 of said statutes as
amended. The bonds shall bear inter-
est at the rate of five per cent per an
mum, payable at the office of the City
Treasurer of said City of Edgerton on
the first day of August of each year,
as evidenced by interest coupons at
tached to each of said bonds respec-
lively. The bonds to be made to be-
come due and payable at the City
Treasurer's Office, Edgerton, Wiscon-
sin, within 20 years from their date as
follows:
Bonds Nos. / to s.. inclusive, August
1, 1920;
Bonds Nos. 6 to 10, inclusive, August
1, 1921;
Bonds Nos. IL to Is, inclusive, Aug
ust /, 1922;
Bonds Nos. 16 to 20, inclusive, Aug
ust /, 1923;
Bonds Nos. 81 to Is, inclusive, Aug
ust /, 1924;
Bonds Nos. rs to 30, inclusive, Aug
ust l, 1925;
Bonds Nos. 81 to IS, inclusive, Aug
ust l, 1926;
Bonds Nos. 36 to 40, inclusive, Aug
ust /, 1927;
Bonds Nos. Al to IS, inclusive, Aug
ust 2, 1928;
Bonds Nos. as to so, inclusive, Aug
ust /, 1929;
Bonds Nos. 81 to IS, inclusive, Aug
ust l, 1880;
Bonds Nos. Sc to 80, inclusive, Aug
ust l, 1881;
Bonds Nos. 81 to IS, inclusive, Aug
ust l, 1882;
Bonds Nos. 66 to 70, inclusive, Aug
ust /, 1888;
Bonds Nos. II to Is, inclusive, Aug
ust /, 1884;
Bonds Nos rs to 80, inclusive, Aug
ust l, 1885;
Bonds Nos. 81. to IS, inclusive, Aug
ust l, 1886;
Bonds Nos. Sc to 80, inclusive. Aug
ust /, 1887;
Bonds Nos 81 to IS, inclusive, Aug
ust 1, 1888;
Bonds Nos. SO to 100, inclusive, Aug
ust l, 1889.
The bonds shall bear upon their face
the name "Park and Public Grounds
Bond" and the statement that they are
issued pursuant to Section 926-11 and
Section 943 of the Wisconsin Statutes,
as amended, and shall show on their
face the amount of the city indebted
ness on the date of their issue, and the
annual amount of the assessment of
taxable property of the City of Edger-
ton for the years 1914 to 1918, both in
elusive, and the average amount there
of; and shall not be sold for less than
their face value.
Sec. 2. For the purpose of provid-
ing for the payment of the principal
and interest on said bonds, as and when
the same shall become due, there is
hereby levied on all the taxable prop
erty in said City of Edgerton, in addi-
ton to all other taxes, the following
direct annual tax, to-wit:
For the year 1919, 5000 Of principal
and 5000 of interest;
For the year 1920, 5000 of principal
and 1855 of interest;
For the year 1921, 5000 of principal
and $50 of interest;
For the year 1922, $500 of principal
and $765 of interest;
For the year 1923, 5000 of principal
and $720 of interest;
For the year 1924, 5000 of principal
and $675 of interest;
For the year 1925, 5000 of principal
and $500 of interest;
For the year 1926, 5000 of principal
and $685. of interest;
For the year 1927, 5000 of principal
and $40 of interest;
For the year 1923, 5000 of principal
and 1896 of interest;
For the year 1929, 5000 of principal
and $3.50 of interest;
For the year 1880, 5000 of principal
and $405 of interest;
For the year 1881, 5000 of principal
and $3.50 of interest;
For the year 1892, 5000 of principal
and $315 of interest;
For the year 1888, 5000 of principal
and $270 of interest;
For the year 1884, 5000 of principal
and $225 of interest;
For the year 1895, 5000 of principal
and $3.50 of interest;
For the year 1886, 5000 of principal
and S135 of interest.