Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-12-15
AN ORDINANCE

in tho sum Of fifteen million tlS.ooc: 900 I
loan IN the s,"S Sum m" Of Us forty.twO million four
hnGdTfG and y @ IaS s'ysT SaaTs ps
2oth day of Jun June. Ioie. ,his SrsIn.ns. !
q June %, 1910, the said niieen million !
dollars to be used toward the s,,,,d1rn eTecl'9h n
%e fTss HSrsTy Of Of 'Rs 'PRssadapha sR
S dam9ges for the heretofore auSnorisgg s srsgs
%idsnny eonaruoton %gH snaHans az sswers
nation Of parks and other pHrpose,s; H.
south PhiiadeipRias! is! Coward 10 % the acouisitIen
OF and payment for property. ereeucm :
and ySiem 81 ns%aGf ot
area; toward the acquisition OF proper,y
Or propspS sereofcrs as rHs tnen ana
taken for Fairmount and other parke;
aS sewsrs OF main a vsnssrG and
Packer streets; construction OF branch
coan;iy roads
ppaylng intersecti, rs; improvement Of the
5oaS IHf Broad ss Orass sfs.t
r,a2s ,,,2is LEAGUE Island Park and Govern.
s aESRuH Hail. iH"fsa t5aaqs ie' s5sfiSp q
neS OF Sfef" fb. pS SnS Sna asp,
SP'fF Pubc Tie sSS ssa Of tnf
M 81 thd c THE Of sS Ss aRf &c
controller or any two of them be and thsy
m IN sasa DfopopSSs SSsrS sas
demand, from the hsaest bidder or bidders
he sad csed IL o not the hess cS ia"n Of Fa
"a seShis6 10 s6s sum nn or .Ims which In The afyre
dollars sSe.Ss Seas the ssn snsaasd o portion
~ = l99gn OF fotty-two million four hundred
tgF y 9sdlnsateSSs asproy.a St5 shs gSsS % %Sss
GdRAns 8 e' Of pIa3Pasc a iSid the saS
ai;"eh million Us, 0u0. U0O) dollars TO DO sx-*
pgSISSd pc S, as provided for In the second section
,,tHs Sc = 1hs The, mSMeg raised by the loan er
o. o.: linanee snail be. used for the following
pGi pGi Doses to wit: Toward the erection and
ay Of of tfs Phd.phS dR Srd"S t%s ios nj ias
s, four hundred and hfty thousand e. 45o. 00olc
totoro authorized opening Widening and
ghanSins OF grade of streets. construction OF
g e! RFFSpetSs 1sr
,,oy OUW Io,iais; toward the removal OF grade
six hundred % thoasaand nd soon oSSj do.rs ls
sSn:Irasion Z sowass % Sspossl 'isS" paaPs saS aS
ss%einEg sss ,oS sssigm tenn Of IEankford creek area
thousand l.43s 0OO) dollars; toward the
aES9iSi9g SEsa 9a GI and Payment for propsrt,
lLt.en thGuslni S.o66j doilars; 81 to pay pay fsrs
property heretofore taken and to be taken
four 5onsSHd 4SooS doias srTs ecn.ssysIsSn sssysas
oion o. main nam sewers. four hundred thousand
sewgg- IN DiEIcr, and PscEer KEN streets. % fous
hundTcd thousand l4OO. O00j dollars, and ifs
%i.1"$s s''f sss
thousand t3O.OO0l dollars: conaat }t6iion of
lars $ra2ing streets twenty-tour Ihousana
roads bH9Hee4 b6nsHsa is o 81 ssonntry
paving intersections, twenty(eIEht thouanni
i+S.VooI aotisrs' imprvS snent OF the fol-
IIoline and Foqu,Ssing avenuesi one hundrsi-
and sixty thousand lIOO, OOO) dollars; for the
street boulevard. Plaza. League island PsrS
and Government Avenue, five hundred and
the constructlon Of Convention Han. sup
rementlng money borrowed under an ordi-
s!nd GO, O0Ul dollars: toward tho acquistion'
OF Iandi erecton. Gonstruction and equip
%ursss Home and the other buildings under
lhG sunGFVisiop t ara direction Of the De-
~o hudrsd thoSsand o9 odS go aOlass Gsar'itc e.
MgTS me 6GS e5Sett9n nn Of an Art Museum ons
Sec. g. Interest on the said loan ct rate
not exceeding four and one half (4M) per
Of Philadelphia half yeSriy. on the - hrst rat Says ys
Of the months of January and July. at the,
Phiiadelphia CsftaSstes of " the " said ny iosa 2,
shall be In the Usual form, IN such amounts
on hundred 400 dollars and its muitipies
% rcEst-reI or coupon forms and IL shah
loan therein mentioned Is payable in thirty
Years after date thereof. and that the prin-.
cioa and interest on said loan are paysSle
from all taxes. ~.se
Sec. 4. Whenever any loan shall \.
created by virtue OF this Ordinances, there n
by force Of thi5 Ordinance. an annual ta1
levied Of six and one.halr toh) per canturr
on the par value of such certincutes :,
issued 70 3Gy the interest," also the prir5-
,pal of such loan within thirty years snd.
Commissioners e. the Sinking fund. og. ~
: ihe taxes so Collected; a sum suffieient 10
opal thereof. within thirty Years and ~
IN" salnr h cumcs payable -he approDris-
uCn lor The interest to be ~ ii EenaIs
said Commissioners