Audubon County journal. (Exira, Iowa) 1884-1993, 1920-10-21

WHEREAS, it is now advisable
10 make definite provision relative
to payment of the cost OF the erect
ing of the Town Hall thus duly
authorized and the Town has at no
time done anything to prevent the
collection and application of such
taxes as are hereinafter provided;
it is therefore |
ORDAINED. by the Town Coun-
Gil of the Town of Extra, Iowa:
Section |. That--in pursuance
of Section 741-e of the Supplement
tai Supplement to the Code of Iowa,
1915, as amended by Chapter lS2, /
laws of the Thirty-seventh General /
Assembly, and Sections 9l2 ct seq
of the Code Of 1owa--there shall be
and there is hereby levied, and there
shall be assessed and collected, a
direct tax of five mills on the dollar
upon all the taxable property with
in said Town for the year 1920, for
collection during the year 1921, and
direct annual tax Of five mills on
the dollar upon all the taxable pro-
perty within said Town for the year
1921 for collection during the year
1922, and direct annual tax of FIVE
mills on the dollar upon all the tax
able property within said Town for
each of the Eleven Ql) next sue
ceeding consecutive years (begin-
ming with the levies of the year 1922
for collection during the year 1928
and ending with the levies Of the
year 1882 for collection during the
, (year 1888.
Section 2. Said taxes shall be
collected each year in the same
time and manner as and with, and
in addition to all other taxes in and
for said Town, and when collected
shall be converted into a fund to
be known as the Clown Hall Fund"
which is hereby pledged for and
shall be used only for the payment
of the principal and interest of the
bonds hereinafter authorized to be
issued and in said fund thus pledged
there shall be included annually all
sums which may be legally included
under the apportionment OF mlllage
tax provided for by Section | OF
Chapter 60 of the Laws of the Gath
1 General Assembly of Iowa.
Section 3. In anticipation of the
collection of the aforesaid taxes
there are hereby authorized to be
} issued Fourteen l4) negotiable
Town Hall Bonds of said Town OF
Five Hundred Dollars ($5OO each,
numbered consecutively from One
I(D to Fourteen (l4) both numbers
\ inclusive, to be dated the first day
$ of September, 1920, each bearing
j, interest from and after the date
y thereof until paid at the rate of Sis
per centum 1921 per annum, paya
4 Bile semi annually on the first day:
of March and September in each
5 year, such interest to be evidenced
by negotiable coupons attached tt
each bond; both principal and in
terest payable in lawful money o
the United States of America, at tn
Banking House of Geo. M. Bechte
& Company, in the City Of Daven
: port, State of Iowa. Said bond
;, shall become due and payable il
their numerical order as follows:
Bond No. 1, $500, on the FRS
day Of September, 1922;
Bond No. 2, $500, on the FRS
day of September, 1928.
Bond No. 3, $500, on the FRS
day of September, 1924;
Bond No. 4, $500, on the FRS
day Of September, 1925;
Bond No. 5, $500, on the Firs
day of September, 1926;
Bond No. 6, $500, on the Firs
day of September, 1927;
Bond No. z, $500, on the Firs
day of September, 1928;
y Bond No. 8, $500, on the Firs
# day of September, 1929.
J. Bond No. 9, $500, on the Firs
d day Of September, 1880;
J. Bond No. 10, $500, on the FRS
day of September, 1881;
Bonds Nos. II and IL, $1,000, 0
:, the First day of September, 1882;
10 Bonds Nos. 10 and Ia, $1,000, o
le the First day Of September, 1888.
q. Section 4. The bonds hereby al
e. thorized shall be in form and recita
IL substantially as follows:
- (Form of Bond)
II n No $50
", W United States Of America,
i; IL State of Iowa, County of Audubon
~ Town of Extra, Town Hall Bond
n. The Town of Extra. in the Sta