The commercial. (Union City, Tenn.) 190?-193?, 1921-07-01
AMENDMENT TO
STREET IMPROVEMENT
BOND ISSUE ORDINANCE

AN ORDINANCE to Amend An
Ordinance to issue and sell in
terest- bearing serial Coupon Bonds
of the town of Union City, Ten
nessee, in the sum of SIXTY
FOUR THOUSAND DOLLARS
(S64,OOO.O0) for the purpose of
providing means to pay that por-
ton of the cost of certain street
improvements not chargeable to
the municipality of said town of
Union City proper, being two
thirds part of the cost as esti-
mated by the Board Of Mayor and
Aldermen of said town for improv-
ing First street from Harrison
street to Main street.; Main street
from First street to Ury street, and
Try street from Mill street to
Cheatham street in the town OF
Union City, Tennessee, under
Street Improvement Ordinances
Nos. /, 2 and of said town, and
passed and adopted under the au-
thority of Chapter Is of che Acts
of the first extra session of the
General Assembly of the State Of
Tennessee for the yeac 1913, and
amendments thereto, without the
necessity of SUBMITTING, the ques-
ton of the issuance thereof to
vote of the qualified voters of said
town: and to authorize said town
to levy an additional ad valorem
tax to pay said bonds, pr any part
of same, and interest, if necessary,
as passed and approved 21st day
of June, 1921, and recorded In the
Minute Book for the year 1921,
page 243, of the City Recorders
office. for said town of Union City,
Tennessee, so as to increase the
amount of said bond issue from
$64,OOO,O0 to $68,O0O.0O.
Section 1. Be it ordained by the
Board of Mayor and Aldermen OF
Union City, Tennessee, that Street
Improvement Bond Issue Ordinance,
rassed and approved the 21st day OF
June, 1921, providing for the is
suance of Understanding serial
Coupon Bonds of the town of Union
CITY. in the sum of $64,00O.OO which
said ordinance is recorded in Minute
Book for the year 1921, page 243,
of the City Recorders office OF said
town of Union City, be and the same
is so amended as to authorize ana
direct said Bonds to be issued under
said ordinance in the sum OF $685.
600 90. instead of $64,000.0O as now
provided; and that said ordinance be
and the same is amended by striking
ont the words and figures $64, 100000,
and substituting, or adding, or writ
ing instead thereof the words or flg-
ures, Sixty-Eight Thousand Dollars
(s68,O0O.0O); and that said Or
dinance be and the same is so
amended in the third line OF the
Caption, and in the tenth line OF
Section One of said Ordinance; and
likewise elsewhere in said Ordinance
where said words and figures may oc-
cur, if at all.
Section 2. Be it further ordained
that Section 3 (Three) OF said Or-
dinance be and the same is amended
by striking out the words "One to
One Hundred and Twenty-Eight,
and adding or writing therein the
words zone to One Hundred and
Thirty-Six:" and that said Section
Three of said Ordinance be further
amended by adding after the words,
"Said Bonds shall be dated the ISL
day of July, 1921, and shall mature
in series as follows" the following:
Bonds numbered from one to
twelve shall mature July 1, 1922;
Bonds numbered from twelve to
twenty-four shall mature July l.
1928;
Bonds numbered from twenty-four
to thirty-eight shall mature July L,
1924;
Bonds numbered from thirty-eight
to fifty-two shall mature July i,
1925;
Bonds numbered from fifty-two to
sixty-six shall mature July l, 1925 /;
Bonds numbered from sixty-six to
eighty shall mature July 1, 1927;
Bonds numbered from eighty to
ninety-four shall mature July /,
1928;
Bonds numbered from ninety-four
to one hundred and eight shall ma
ture July /, 1929;
Bonds numbered from one hundred
and eight to one hundred and twenty
two shall mature July 1, 1880;
Bonds numbered from one hundred
and twenty-five to one hundred and
thirty-six shall mature July l, 1881,
being ten years from date OF issue.
Section 8. Be it further ordained
that this Ordinance take effect from
and after its passage, the public wei
/ fare requiring 1T.
Passed and approved Jun %
1921. -
Mayor.
r. E, QUINN,