The Arvada enterprise. (Arvada, Colo.) 1908-1970, 1922-04-20
LEGAL NOTICES
EXHIBIT A"
ORDINANCE NO. 90


An Ordinance authorizing the
Board Of Trustees Of the Town
Of Arvada, In the County OF
Jefferson, in the State Of Colo
rndo. to contract m indebted.
ness on behalf Of said town and
upon the credit thereof by iseu'
ing and selling the negotiable
coupon bonds Of said town IN the
Aggregate principle sum Of vtf.
teSn Thousand Dollars ($l6,
eee) fer the purpose OF ade-
qustsiy supplying said town
With water for fire and domes'
tie purposes by the further con
gtruetaon and extension Of the
watervssks system Of easd
town: prescribing the form OF
said bonds; fixing che date. de.
nomination and the ptaes ~
uayment thereof: proyiAing fov
the levy Of = diSect annual ID
yslorssa tax xbon all the tag
able property in said town. IN
edition TO III other taxes. suf-
ficisnt 10 pay the interest &C.
cruinr on said bonds, and 70
proyide sinking fund suffi-
Gent TO pay the principal there
Of At the time Of their maturity;
declaring due sale Of said bonds
to James H. Caussy 4 Com
pany Of Denver, Colorado; and
authorizing and providing TOR
tire issuance. execution and de-
livery of said bonds to said pur-
chaser, repeating all ordinances,
resolutions or orders In con.
flict herewith; and declaring an
emergency"
WHEREAS, heretofore. ct =
special election duly called and held
Ia the town Of Arvada, In Jefferson
County, on the 18th day Of August,
A. d. 1909, . majority Of the duly
qualified electors Of said town who
I'D IN the year next preceding said
slsction paid . property tag therein.
voting ut said election by vote ep-
proved the purchase and extensten
81 q watsrworks system IN and Tor
said town; and
WHEREAS, pursuant to the auth
ufity conferred at said election the
Board Of Trustees OF said town
caused said waterworks to be pur-
chased and EXTENDED; and
WHEREAS, the present water
works 10 constructed and extended
are inadequate to pupp.y The DO
nestle needs Of said town and do
not afford proper fire projection.
and " u proposed and deemed meces-
uary and expedient and TO the beSt
interests Of said town to cxtend tas
aid present watsrworkS 70 that sA,d
may be remcdted;
Now, Therefore, by reason Of the
BE Ii ORDAINED BY THE
BOARD OF TRUSTEES VI the
TOWN or ARMADA, JEFFERSON
COLORADO:
Section I. That it appears TO the
Mayor and Board Of Trustees Of said
town that II would be and it "
hereby declared " We expeaient ana
and tor the best interests OF
Iaid town 10 contract an indebted
hess on behalf Of SAID Town anu Wy
- the credit thsrsof BY issuing anu
Dslling The negotiable coupon bonds
II sad town IN the Aggregate prin-
cipal sum Of Fifteen Thousand DOL
|aFs (@l6,000) for The purpose Of
adequatsiy supplying the sa.d town
with water for fire and domestic
purposes BY the further construction
md extension Of the waterworks
Iystem Of sasd town.
Section :. That in order to Dor
row money with which to extend
lie present watsrworks system Of
ysid town - aforesaid, there shall be
and there are hereby authorised, or
dercd and directed to be issued and
delivered TO the purchaser thereof
the negotiable coupon bonds Of said
towu TO IN amount aggregating the
principal SUM Of Fifteen thousand
Dollars (Sl6,00O) which shall be
known ~ snd designated water
works Extension Bonds, Series
1925" said bonds shall be fifteen in
number. numbered consecutively
from to IL. Of the denomination
II $1,000 each, shall bear date Of
Nay LIST, A. d. 1922, shall become
absolutely due and payable May 1, A.
D. 1887: that said bonds shall bear in
'errst from their date until paid 1t
he rate Of six (6) per ccntum per
,nnum. payable semi-annually on
he lst days Of May and November.
respectively. In each year. which in.
stallnssnts Of interest TO date Of
Of principal shall be evil
fenced by appropriate coupons TO
,c attached to each bond; and both
he interest accruing on and the
principal Of said bonds shall be pay
xble In lawful money Of the United
States Of America. al the Chase Ma
.ionnl Bank, In the City and State
IF New York, u. s. A.
Section 3. That each of said
bonds and each Of the interest cou-
pons 70 bc thereto attached shall be
IN substantially the following forms,
respectfully. towit:
form Of Bonds)
UNITED STATES OF AMERICA
STATE OF COLORADO
COUNTY OF JEFFERSON
TOWN OF ARMADA