Amarillo daily news. [volume] (Amarillo, Tex.) 19??-current, 1922-01-11

ostIon 90 issue bonds hereinafter de.
s,rihed by vote OF four hundred M.
teen Tor the Issuance OF said bonds TO
, vote OF eighty-cight against the Is
mancc 81 said bonds. and,
whereas. said bonds have not been
issued under said former ordinance, and
tnr C.tv ~ Amarillo now desires 20 IS
LID. Thirteen Thousand Gi3oOO Dol
lars only of the Eighteen Thousand
ISIS 00n Dollars authorized amount Of
s.d bonds the difference Of Five
Thousand g5 000l Dollars. not being
needed f0r the purpose FOR which said
I.rl issue was AUTHORIZE. said total OF
Thirteen Thousand $4,000 Dollars OF
...I bonds 20 ~ upon the terms and
conditions and IN the manner herein
n.I.I and stipulated Now, there
0.f.
%. ordained by the city OF ANA.
rI.
Section o. That the bonds OF the
on. af Amarillo 90 be- called "Incin.
,u,or Bonds N the city OF Amarillo"
ta DO, extent ~ Thirteen Thousand
|sf200U Dollars boz issued under and
| bg virtue OF Article ". Section !. ~ the
| Charter OF the CITY ~ Amarillo 10 oh
tain revenue Tor the purpose Of paving
I Tor a site. and erecting and construct
] .ng an inclneaior Tor the city OF ANA
rllo.
See. O. Said bonds shall be ISSUED
md numbered couserutivelv from one
20 thirteen. inclusive and shall be Of
I tH denomination Of One Thousand 81
: 00M Dollars each. aggregnting the sum
o., Thirteen Thousand 9l3 0o0 Dollars
Sec ?. That said bonds shall be
serial. and shall be dated December
! ia2l. and shall be rodcemable NJ tho
option Of The city Of Amarillo AZ any
| time after ten u0l years after the date
aforesaid of said bonds and said bonds
shall be due and payable consecutively
ono each year from twenty. eight IA
| forty years. Inclusive. after date.
/ Soc 4 An ~ said bonds shall bear
I interest M the rate of five 90 per cen,
prr anuum. PAYABLE somiannually or
/ %, first davs Of June and December Of
each year after she date aforesaid Of
/ s1id bonds such interest 10 be evidenced
ny proper coupons attached to each
/ bond numbered consccutlvely.
Soc O. Tho principal and interest or
/ sud bonds shall be- payable on presenta
| uon and surrender Of bonds or proper
/ coupons az the National City Bank OF
/ New York. New York
Soc. Each Of said bonds shall b,
signed hy the Mayor. cuunt.rsignod and
registered by tho city Secretary. and
/ ,h' seal Of the CITY ~ Amarillo shall b,
/ impressed upon each ~ said bonds.
! Sec. e: The faD sImil, signature OF
me Mayor and city Secretary may b,
/ i'hngrnphd on tho coupons
/ Sec. =. u Is further ordained hy IN,
/ CIty Of Amarillo that To pay the in
fcrcst on said bonds ~ d accrues and
create sinking fund sufficient 20 die
[ charge said bonds at their respective
maturity dates, a tax ~ one cent or
each One Hundred $1,000 Dollars val
utIon Of an taxable property On said
CITY OF Amarillo Is now and hereby
''y.cl Tor the year 1922. and said Tux
lowed for the year 1921 under said
D
Confirmed. and said tax. or so much
thereof as may be- necessary shall be
annually taxed, levied assessed ant
/ collected until said bonds and iuteres,
! thereon 4rr paid or until enough has
been collected 10 pay same and such
portion Of tho annual tax levied here
Hif,r shall bo set apart and applied
iu tho purposes named
Soc. ' u is further ordained by the
CITY of Amarillo that the Five Thou
~nd ei ooW Dollars. not covered hy
ii' foregoing issue of Thirteen Thou
uud Gl3.o00l Dollars of bonds of %
authorized issue ~ Eighteen Tho san.
NlN 0OW Dollars In bonds Ton the puf
poses mentioned Is hereby cancelled
unullcd and shall not be- issued by N.
/ city 81 Amarillo.
See 10. Il is also ordained that IN,
/ city Manager be authorized to talk,
and have charge Of said bonds pendinl
their inspection and approval by tn,
Attorney General and that said bond,
| DE then sold In accordance with law
and the proceeds used for tho purpose,
/ Tor which said bonds were voted.
Introduced az e regular meeting o.
/ ne city Commission on the 3ist day o
/ December. \. D.. 1921, and finally
/ passed AZ regular meeting OF SAID
Commission on the ith day OF January
/ \ D. 1929.
tSigncd LON ID. MARRs.
Mayor.
/ Attest:
tSigucO W T.. SCHOPPER,
lseaD City Secretary
ORDINANCE No. Sss. TO-.
/ An ordinance amending and In lieu Of