The Owosso times., 1922-06-02

The following resolution was presented, read
TO the Commission, and on motion OF Commits
Sioner Rosevear same vas adopted. Ayes, Rose
wear, s ebbns and Wright
Resolution No 1913.
Resolved by the Commission of the City of
Owosso, that the Eayor Is hereby authorized
and directed to borrow on the credit OF the City
OF Owosso. and u place TO the credit OF the Po-
lice Fund, the sum of -Four thousand five nund-
red dollars (si500.0O) and to give in evidence of
said loan the promisSory note of said City dated
the 25th day of May, 1922, to become due and
payable the 25th day of August. 1929 and t ,
bear interest at the rate of six per cent per
annum; 1t being hereby declared that the said
loan is made in anticipation of the collection
by tax of the amount set forth for said fund in
the annual appropriation bill for the fiscal year
ending May 81, 1923, passed and approved May
i5 1922.
The following resolution was presented, read
to the Commission. and on motion OF Commits
sioner Rosevear sa &c was adopted Ayes Rose
wear, Stebbins and Wright.
Resolution No. I99
Resolved by the Commission of the City of
Owosso, that the Mayor is hereby authorized
and directed to borrow on the credit of the City
OF OwoSSo and to place to the credit OF the
Fire Fund, the sum OF Eighty-s hundred
dollars (f6OO CO., and to give In evidence Of said
loan the promissory note OF said City dated the
25th day OF May, 1922, to become due and paya-
BILE the 25th day OF August, 1922, and to bear
interest at the rate OF six per cent per annum;
1t being hereby declared that the siid loan is
made In anticipation OF the collection by tax of
tSe amount set forth for said fund In the annual
appropriation bill for the fiscal year ending
May 81. 1923, passed and approved May Is, 1922.
The following resolution was presented read
to the Commission, and on motion Of Commits
sioner Rosevear same was adopted Ayes, Rose
wear, Stebbins and Wright.
Resolution No. sCo
Resolved. by the Commission of the City
OF Owosso, that the Mayor is hereby authorized
Of Owosso, and place to the credit Of the NJ.
Hickory St. Sewer Fund the sum of Seven
hundred dollars 0700 00). and to give In evi-
City dated the 25th day of May 1929, to become
due and payable the 25th day Of August, 1922
and TO bear interest at the rate Of six per cent
OF this Commission to make said loan in antic.
ipation of the special assessment levied upon
the special assessment district liable to be as
sessed for the construction Of q sewer on N.
Hickory Street, all the lots and parcels of land
abutting on said improvement and directly or
indirectly benefited thereby.
The following resolution was presented read
to the Commission, and on motion OF Commits
Rosevear, Stebbins and Wright.
Resolution No. 20l.,
Resolved, by the commission Of the City
OF Owosso, that the Mayor is hereby authorized
and directed to borrow on the credit Of the City
OF Owosso and to place to the credit of the
Library Fund, the sum Of Three hundred sew
eoty-hv dollars (s375.00), and to give In evi
dence OF said loan the peomissory note OF said
City dated the 25th day Of NY. 1922, to become
due and payable the 25th day OF August, 1922,
and to bear interest ut the rate of six per cent
per annum; IL being hereby declared that the
said loan is made In the anticipation of the col.
ction by tax of the amount set forth for said
fund In the ennual appropriation bill for the
fiscal year ending May 81, 1923, passed and ap-
proved May IS, 1922