The Owosso times. (Owosso, Mich.) 1897-1926, 1920-02-27

!
1920, read and approved
| The following Resolution was presented ana
| Mr.: Rosevear moved the adoption of the reso
| Iutlon which motion prevailed; ayes, Hanscom
| RoSeVear and Wright:
Resolution No 1l6.
Resolved, by the Commission of the City
| OF Owosso that whereas, a certain note given
| by said city to the Ref Armory Interest and
Sinking Fund in evidence OF loan OF that date
| to aid city to be placed 20 the credit of the
| South Washington Paw. ment No 2 Fund falls
due on Dec. 3lst, 1919 and there are not in said
FUND SUFFICIENT monies TO pay the same;
Now. therefore the Mayor is hereby author
| lied and directed to execute and deliver to said
Ref. Armorv Int. and Sinking Fund note for
S26500 in partial renewal Of principal OF said
note so falling due, and said new note to be
dated the list day of March, 1920, and TO become
due and payable Sept !, 1920 and to bear inter.
est at rate not greater than five per cent per
annum.
Said renewal note is declared to be made in
anticipation OF collection of special assessm ent
taxes assessed against the AUDITING property
owners for said improvement.
The following resolution was presented and Mr..
Rosevear moved the adoption of the resolution
which motion prevailed ayes. Hanscom, Rosevear
and Wright.
Resolution No. H.
Owosso that whereas a note given by said City
to the Ref. Armory Int. and Sinking fund in evil
dence of loan oftbat date to said city to beplaced
to the crecit of the Washington and Main St Paw
ing fund. falls due the 31st day of July 1919 and
there are not in said fund sufficient monies to pay
the same;
Now, therefore the Mayor is hereby author
lied and directed to execute and deliver to said
Ref. Armory Int. and Sinking fund note for SO
in partial renewal of principal of said note so fall
81
of March 1920 and to become due and payable
Sept LIST 1920. and to bear interest at rate not
greater than per cent per annum,
Said renewal note is declared to be made in an
ucipaton of special assessment taxes, assessed
against the abutting property owners for said
improvement.
The following resolution was presented
and Mr. Rosevear moved the adoption OF the
resolution which motion prevailed ayes, Has
com, RoSevear and Wright:
Reso ution No 49,
Resolved by the Commission of the City OF
Owosso that whereas, certain note given by
said city TO the OwoSSo Savings Bank in ev
dence OF "a loan of that date tn said city to be
placed to the credit of the John Street Curb
and there are not in sid fund sufficient monies
to pay the me;
Now, therefore the Mayor is hereby author
lied and directed to execute and deliver to said
OWOSSO ShVlHgS BANK u note Tor $500 IL In par
tial renewa, OF principal of said note so falling
due, and said new note to be dated the LIST day
OF March, 1920, and to become due ana payable
Sept list. 1920, and to bear interest at rate not
greater than five per cent per annum
Said renewal note is clared to be made in
anticipation OF collection o. special assessment
taxes assessed against the aoutting property
owners for said improvement.
The following resolution was presented and Mr.
Rosevear moved the adoption of the resolution
which motion prevailed; ayes Hanscom. Rosevear,
Wright.
Resolution No. 1l9.
Resolved by the Commission of the City Of
Owosso that whereas a note given by said city
to the Owosso Savings Bank in evidence of loan
of that date to said city to be placed the credit
of the Milwaukee st. Pavement, falls due on the
LIST day of March. and there are not in said fund
sufficient monies to pay the same;
Now. therefore the Mayor is hereby author
lied and directed to execute and deliver to said
Owosso Savings Bank note for 800 in partial re-
newal of ncipal of said note falling due said
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