The Bourbon news. [volume] (Paris, Ky.) 1895-19??, 1920-08-31

of Twenty-Five Thousand Dollars to |
be paid by levies annually to meet
said bonds and the interest thereon,
for the purpose of constructing or
iginally the following streets, to-wit: |
End Street from the East margin of |
Main Street to the West margin of |
Pleasant Street, 4th Street from the |
East margin of High Street to the |
West margin of Pleasant Street, 9Th
Street from the East Margin of High |
Street to the West margin of Pleas |
ant Street, 9th Street from the East
margin of High Street to the West |
margin of Pleasant Street, 7th Street |
from the East margin of High Street
to the West margin of Pleasant
Street, 9Th Street from the East mar
gin of High Street to the West mar
gin of Pleasant Street, 9th Street
from the East margin of High Street
to the West margin of Pleasant
Street, 10th Street from the East
margin of High Street to the West
margin of Pleasant Street, 18th
Street from the East margin of High
Street to the West margin of Pleas
ant Street, 18th Street from the East
margin of High Street to the West
margin of Pleasant Street, 18th
Street from the East margin of High
Street to the West margin of Main
Street and High Street from the
Courthouse to the North margin of
14th Street. The Proceeds of said
bonds to be used to pay the City's
part of the cost of construction of
the above named streets with vitri-
fled brick, asphalt, bitulithic, wood
blocks, rock asphalt, concrete paw
ing or other type of paved street?
The annual assessment for the pur-
pose of paying the interest and Great
ing a sinking fund shall not exceed
the sum of Twenty-Five Hundred Dol
lars"
For the purpose of holding said
election it is hereby ordered that the
Sheriff of Bourbon County is hereby
directed on the date aforesaid to
cause, the polls to be opened at the
regular voting places in all Of the
voting precincts of the City of Paris
during the hours required by law.
1t is further order that all quail
fled electors of the City of Paris be
permitted to vote at said election.
The City Clerk is directed to give
notice of the time and place of said
election in the official publications
of the City of Paris, the same being
newspapers of general circulation in
said City, for at least two weeks prior
! to the date of said election. Such no.
tice shall specify the amount of in
debtedness to be incurred and pur-
pose of same and the amount neces-
sary to be raised annually by taxa
ton to pay the interest on said bonds
and to create sinking fund to re-
deem such bonds as they mature.
The City Clerk will furnish to the
Sheriff of Bourbon County and to
the Clerk of the Bourbon County
Court, within ten days after it's pass
age, a certified copy of this ordinance
and said Sheriff and said Clerk of
the County Court are directed to do
and perform all and every acts re-
quired by them respectively under
the law in conducting said election
and in the preservation, canvassing
and certification of the returns there
Of
1t is further ordered that the
Board of Election Commissioners of
Bourbon County shall canvass the
returns of said election and certify
the results thereof and they are d.
rected to deliver copy of their GER
tificatiOn to the Board of Council of
the City of Paris.
1t is further ordered that if the re-
quired majority of the legal electors
of the City of Paris vote in favor of
said proposition that said bonds
shall be issued payable in equal in
stallments of one to twenty years
from date of issue, and shall bear
| interest at a rate not to exceed 5%
per annum.
If the required majority of the
legal electors vote in favor of the
issue of said bonds it is ordered that
there be and there is hereby levied
an annual tax on all property in the
City Of Paris subject to levy by said
City sufficient to raise the sum of
money equal to the annual interest
on all unpaid bonds and to redeem
one-twentieth of said bonds each
year.
This ordinance shall be in full
force and effect from and after it's
passage and publication as required
by law.
E. B. JANUARY,
Mayor City of Paris, Ky.