The Owosso times. (Owosso, Mich.) 1897-1926, 1920-09-03


due on the 1st day of September. 1920. and
there are not In said fund sufficient moneys
Now. therefore. the Mayor is hereby auth
orized and directed to execute and deliver to
said Citizens Savings Bank note for $4,000
in partial renewal of principal OF said note
so falling due said note to be dated the LIST
day of September. 1920, TO become due and
payable March l. 1921. and to bear interest
at a rate not greater than six per cent. per
annum.
Said renewal note is declared to be made
in anticipation OF collection OF special as
sessment taxes assessed against the abutting
property owners for said Improvement
The following r solution was presented and
on motion OF Mr.. Rosevear same was adopted;
ayes, Rosevear, Stebbins and Wright:
RESOLUTION NO. 81
Resolved, by the Commission of the City
of Owosso that whereas, certain note given
by said city to the owosso Savings Bank
in evidence of loan of that date to said
city to be placed to the credit OF the
Milwaukee street pavement fund. falls
due the LIST day of September, 1920. and
to pay the same:
Now. therefore. the Mayor is hereby auth
said Owosso Savings Bank note for $1o2.50
in partial renewal of principal of said note
falling due. said note to be dated the LIST
day of September. 1920. to become due and
payable March l, 1921. and to bear interest
at a rate not greater than six per cent. per
annum.
in anticipation of collection of specia as
sessment taxes assessed against the abutting
property owners for said Improvement.
The following resolution was presented
and on motion OF Mr.. Rosevear same was
adopted; ayes Rosevear Stebbins, Wright:
RESOLUTION NO. 81
Resolved, by the Commission of the City
of owosso that whereas, a certain note given
in evidence of loan of that date to said
city to be placed to the credit of the
Ssv ds and
there are not in said fund sufficient moneys
to pay the same:
Now, therefore, the Mayor is hereby auth
orized and directed to execute and deliver to
said Citizens Savings Bank at note for $3.50
in partial renewal of principal of said note
day of September. 1920. to become due and
payable March l, 1921, and to bear interest
at a rate not greater than six per cent. pei
annum.
Said renewal note is declared to be made
in anticipation of collection of special as
sessment taxes assessed against the abutting
property owners for said Improvement.
The following resolution was presented
an on not ion Of Mr.. Iio eve rsamc was adopt
ed ayes, ROScVear. NteDDlnS ana w rlBhJ'
RESOLUTION NO. SO
Resolved. by the Commission of the City
of Owosso that whereas, certain note given
by said city to the Citizens Savings Bank
in evidence of loan of that date to said
city to be placed to the credit OF the
Comstock street pavement fund, falls
due on the 1st day of September, 1920, and
there are not in said fund sufficient moneys
to pay the same:
Now, therefore, the Mayor is hereby auth
orized and directed to execute and deliver TO
said Citizens Savings Bank note for SlS45
in partial renewal of principal OF sad mote
day of September, 1920. to become due and
payable March l, 1921, and to bear interesi
at a rate not greater than six per cent. per
annum.
Said renewal note is declared to be made
in anticipation of collection of special as
sessment taxes assessed against the abutting
property owners for said improvement.
The following Resolution presented AND
on motion OF Mr. Rosevear same was adopted;
ayes Rosevear, StebbinS and Wright:
RESOLUTION NO. 81
u. Resolved. by the Commission of the City
of Owosso that whereas, certain note given
by said city to the Citizens Savings Bank
in evidence of loan Of that. date to said
city to be placed to the credit of the
Comstock street pavement fund, falls
due on the LIST day of September 1920, and
there are not in said fund sufficient moneys
to pay the same:
Now, therefore, the Mayor is hereby auth
orized and directed to execute and deliver to
said Citizens Saving Bank note for S2b62.5O
in partial renewal of principal OF said note tie
day of September. 1920, to become due and
payable March l, 1921, and to bear interest
at rate not greater than five per cent. per
annum.
Said renewal note is declared to be made
in anticipation of collection of special as
sessment taxes assessed against the abutting
~ mn
The following resolution was presented
and on motion OF Mr.. Rosevear same was
adopted; ayes, Stebbins and Wright:
RESOLUTION NO. IS
Resolved, by the Commission of the City
of Owosso that whereas. a certain note given
by said city to Refund Armory Site Bonds
in evidence of loan of that date to said
city to be placed to the credit of the
due on the 1st day of September. 1920. and
there not in said fund sufficient moneys
| TO pay the same:
orized and directed to execute and deliver to
said Refund Armory Site Bonds a note of $225
| in partial renewal of principal of said note
so falling due, said note to be dated the list
| day of September, 1920, to become due and
payable March l, 1921, and to bear interest
| at a rate not greater than six per cent. p,
annum.
| Said renewal note is declared to be made
in anticipation of collection of special as
sessment taxes assessed against the abutting
| property owners for said improvement.
} The following resolution was presented and
| on motion of Mr. Rosevear same was adopted;
| ayes Stebbins and Wright.
RESOLUTION NO. sc
Resolved. by the Commission of the City
| of Owosso that whereas, a certain note given
| by said city to the State Savings Bank
| in evidence of loan of that date to said
| city to be placed to the credit of the
State Street Curb Fund, falls due, on the