River Falls journal. [volume] (River Falls, Pierce County, Wis.) 1872-2019, 1922-08-31

for the sum of twelve thousand in
addition to the amount already
authorized, for the purpose OF con-
structir- bridge across the south
fork of the Kinnickinnic river on
South Main street, in said city, and
the approaches thereto; such bonds to
be issued in denominations OF five
hundred dollars each, bearing inter-
est at the rate of five per cent per an
nun, payable semi-annually at the
Office of the City Treasurer on the LIST
day of February and August Of each
year; such bonds to bear date Febru-
airy, 1st, 1923, and to be known and
designated as Second City Bridge
Bonds. and have attached thereto
interest coupons, such bonds to be
numbered from one to twenty-four
and become due and payable as fol-
lows:
Bonds No. one to two inclusive Feb.
LIST, 1924.
Bonds No. three to four inclusive
Feb. 1st, 1925.
Bonds No. five to six inclusive Feb.
LIST, 1926.
Bonds No. seven to eight inclusive
Feb. 1st, 1927.
Bonds No. nine to ten inclusive
Feb. 1st, 1928.
Bonds No. eleven to twelve inclu-
sive Feb. 1st, 1929.
Bonds No. thirteen to fourteen in
elusive Feb. 1st 1880.
Bonds No. fifteen to sixteen inclu-
sive Feb 1st, 1881.
Bonds No. seventeen to eighteen
inclusive Feb. 1st, 1882.
Bonds No. ninteen to twenty inclu-
sive Feb. list, 1888.
Bonds No. twenty-one to twenty
two inclusive Feb. 1st, 1884.
Bonds No. twenty three to twenty
four inclusive Feb. 1st, 1885.
That the aggregate amount of all
the bonded indebtness OF said City
including 100000 authorized for
BRYCE purposes, is $54,000.00
The value of all taxable property in
the City of River Falls according to
each of the last five preceding valu-
ations are as follows:
For the year 1922 $2,610,670.00
For the year 1921 $2,547, $4,000
For the year 1920 $2,465,8 $1,000
For the year 1919 $4,000, $4,000
For the year 1918 $1,917, 10000
That the average of said five years
Valuation is $2,30S,315.00.
Such bonds shall show on their
face the amount of the indebtness of
| the City of River Falls and the
amount of assessment of the taxable
property therein for each of the five
| years next preceding the date of their
issue and the average amount there
of.
| Said bonds shall be issued in the
name of the City of River Falls, payi
able to bearer, executed by the May
or and City Clerk of said City and its
corporate seal affixed thereto. Such
| bonds shall not be sold for less than
| their par value and accrued interest,
and shall be sold and disposed of UNI
der the direction of the Common
Council of said City.
| Such bonds shall recite the fact
| that a direct annual irrepealable tax
has been levied by the City of River
Falls sufficient to pay the interest
| when it falls due, and also to pay and
discharge the principal at maturity.
To provide payment of said bonds
and the interest thereof as the same
| may become due, direct annual tax
lis hereby levied upon all the taxable
property real and personal of the City
of River Falls, in addition to all other
flakes sufficient to pay when due, in
terest, semi-annually to grow due up
on said bonds and also to pay and
discharge the principal thereof by
the time the same shall become due.
". Williams, City Clerk.
w. Vannatta, Mayor.
Passed on August 81, 1922.