Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-11-28
AN ORDINANCE

To authorize the creation Of u loan oa MS
n the sum OF fifteen million U5, 900 900
loan, in tho sum Of forty-two million % -four
.ggdrG6 gg and ity taoggsSgd seven hundred
2sh day Of June, 'g aG thPl PP'cTyHa 0Tdnanes nee
q June 60 1910, the said ,ifteen million
dollars e. be used toward the erection
the Free Library OF PhlladeiphiS to- 10 pay
damages for the heretofore authorized
opening. widening and changing OF grade
Of streets, construction or sewers CON
demnaton Of parks aud other purposes
South PHILADELPHIA; toward the acquisition
or, OF ana paynent for property erection
and seweraEG system Of FrGnl5ford creek
area toward the acquisition of property
ior property heretofore ia ken and TO be
taken for Fairmount and other parks:
CShStTqcunn OF main sewers c9nstructio1
Packer streets CONSTRUCTION or branch
sewers; construction OF bridges; grading
sreSts; improyement OF country roads
PRaylIns Roy,Ils igtersecti9ns; Improvement of the
aF SF9uighwsr9; thH s,,p t3r he {urther lmProyemcg
Plaza. League Island Park and Govern.
ment avenue, toward the erection ~ d,
land erection ana CONSTRUCTION aud equip.
ms9t nmI O. the rhiadoIphia, General ,tlosnltal
undGr t1e superyision OF the Deps rtment
q % Public % Health agd. CnaritIes; toward
Section The Sc Select AFt and ussg common coun.
Sis OF the city OF Philadelphia do orda!n
CONTROLLER, or any two. " NON. be and they
are hereby AUTHORIZED to borrow at such
adsmen' the SSn @ the City der
mand; from the highest bidder or bidders
he h snd Credit or O' the hess civ h@n Of 0f5 Phs
delphia, q sum or sums which In the aggre-
900 Oo0j dollars being the ,eE unissue3 '3'i poTtior
Of q loen og Of fortytwo million -four hundred
shS @ hGas44G haa44GG s aoPs GPs'rsS
70 d9r r by an oiC o9iCdinHnec approved the 29th DAY
tie % sad ordnanee H S Of " Hm @S iWI66 IL sniS
fifteen, million N5, 900 OOm dollars 10 bo ex.
pended IS provided for IN the second section
10 See 2 The mPPMcy, raised by the loan qr
Ordinance shall be-, used for the following
STrPHses 10 %t TowsTI the GTeStog etTEd
four four hundred and hfty thousand C2;45O, o0O)
9ofore auh1orsod opSnas '' wdons lqG Snd
changing Of grade or streets. construction OF
sewers, condemnRtiop y propeEty Tor paris
oOO1 dollars; toward the removal ~ grade
rSst datod d @rdb seven VS. per
six hundred thousaHd 4 coo OOO) dollars; dollars;
toward acquisition nr property, erection and
sewerage system Of FrankfDrd creek area,
42sgsr oo sn1A and ,5Mr4G tR
.eguisiti99 ,s Of smd payment for ~ property
san t"S o66 doas % fso to pa Si
property heretofore taken and to be taken
for tsirmon99t Ist9 and other parks, seventy.
Of main sewers four hundred Thousand
400, 00Ol dollars; construction of main
Hundred thousand 400. o00i dollars. ana ain in
yenango street forty thousand (40 OoOl doI-
thousand GO 0OO) dollars; constructi6n M o.,
bridges, hyc hundred thousand 900, 0OO) dol
roads. six!!y,seysn thousand CG7 ,06ol, doilarsi
l2S, 000l dollars; improvcment ~ the fol.
lowing branches of the Boulevard: Bensalem,
ana % sixty thousand 6O 0O0S dGllsrs; "E"' TO- the
further Improvement Of the South Broad
swentS se thoussnd 5S2o o0oj dollars: to toward ara
pementing BE money borrowed under an an ordi-
nance, approved Jlne 10, 1911, twenty thou
SI %ent ia"t % the hSiadsipHia General Hospits
the an" ard s dreon ] Su Of the I"fs De
par partmsht, q Public Health I'm SR3d Charities,
milton TfTG ri SSGo9 dall%rr % ar Art museum 0"'
not 9ee; Exceeding z" four and .one,heif (4h) per
centum per annum shall be paid by the CITY
OF the months OF January and July, At the
office OF the hscal agency Of the city OF
shall be in the usual form. in such amount,
as the lender nny may require ip the sums Of
HJne m resistered or coupon forms, and II shall
be expressed in the said certificates that the
Years after date thereof, and that the prin-
cipai and interest on said loan are payable
In lawful money Of the United States, free
from all taxes,
Sec !. Whenever. any loan shall be
Sreaftsa fSTee " of fhi tbs ordnSnce, an annual ta,
levied OF six and one;;haf So1sl PgT GentuM
sae TO par bay tRs ten rSsn also the prS
eipal OF such loan within thirty years, apt
there Is hers1g az ths sbins pFund @ 70 th'
the taxes 80 collected, 2 sum @s1ti&ielent @ lei e
eipal thereof, within thirty years and a,
the same becomes payable. The appropria
and for the sinking Fund quarterly to III.
haid Commi ssionera.