The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1922-10-16
Mayor

Section i. That said bonds shall be
signed by the Mayor. attested by the
City Clerk and sealed with the corpor-
ate seal of said City. which seal SHAH
be IMPRESSED thereon; that each OF the
interest coupons to be attached to eacn
OF said bonds shall be executed by the
engraved facsimile signature OF salo
Mayor and City Clerk, and the officers
in this paragraph mentioned are herepy
authorized ordered and directed 10
cause said bonds and coupons to be pre-
pared substantially in the forms res
pectively hereinabOve set forth, ana 70
execute the same for and on benaii OF
said city as an din the manner as afore-
contest by said City. or by any person
or corporation for or on Its behair LOT
any reason whatsoever .,.
Section s. That the interest railing
due on said bonds on July Z, 1879 ana
January 2, I9aEs Shall ,be@and the same
is hereby ordered. appropriated and
paid by the, City Treasurer from the
general or expense funds Of said city,
and for the purpose Of providing tns
necessary funds to reimburse SAID tuna
for the amount so borrowed from IL.
and also to- pay the interest accrulng
on said bonds subsequent to JAN =
1924 promptly when and as the same
falls due, and also to pay ana dlscnarse
the principal or said bonds ut maturity
there shall be and by this Ordinance
taxable property in said city in addition
to all other taxes. a direct annual al
valorem tax sufficient to pay the IN,
terest on said bonds as it falls due ana
to pay and discharge the principal OF
said bonds at maturity.
Sectior 4. It shall be the duty of the
Mayor OF said city and all other offlcers
of said city, ana thay are hereDy re-
auired annually at the time and III the
manner provided by law for the ievying
of other city, taxes to ratiIy ana catrs
out the provisions hereof with REFER
encc to the llevying Of taxes and requlr-
ING the Officers of and for said City TO
levy extend and collect such taxes in
the manner provided by law foF the
purpose OF providing funds to pay the
promptly when and as the, sans falls
due and to pay and discharge the
nrincipaI Of said bonds at maturity
Which said tax shall be collected as are
other general taxes OF SAD tlty, pu.
athing herein contained shall pc so
nona,nt,sd as to prevent said city from
applying ANY either funds that may oe
in ifs treasury and available TOR that
purpose in the paymsRt or salu ln.el-
est or principal as the same Fespee~
lively mature. ,.., so,s or
1uue and December respectively in eacn
wear. so long AS any OF the lntereS.
coupons appertaininS TO the .numI "a
hereby authorized to he issued. remain
outsanding ana unpaid. the City Treas
,,rsr shall. and he is hereby authorized:
ordered and directed to remit OUT OIL
~ moneys in his hands belonging 10
said city, In. the form OF check or urat y
TO the institution at when saio oonu =!
arc payable. a sum suttlclent 10 paS =, y, -
fuil the sen1i-annuaI interest accr9lns
IN said bonds on the End days OF July
and january. respectively in each year
and fifteen: days previous to the oate
| of maturity of any or sain bonus. nv
city Treasurer shall and he IS nereus
! authorized. ordered and directed 70 fe-
,,,i. o,,t az. any moneys in his hands be-
longing to said city to the place aho III
! stitution 1t: which said bonds are pay
| able a. sum sufficient to pay IN lu !.
| the principal amount of all SAID oonos
| section IS. sThat said bonds when SO
executed shall be and they are hereby
| oydered delivered to the lawtul pui
| chaser thereto upon payment OF tne
agreed purchase price therefor 10 .ne
| City TREASURER, ana ths saru ,haraof a s
urer shall hold the prs"esds 1hersot Of
a sepnrate fund subject to the orae' %
Tho Mayor and City Council OF tns
civ to he used solely for the purpose
| Of and on account OF the fer"'ans.
Reinforcement Fund of said city; rory
m 1n,prosd ts4n. oOol dollars of which to
~ I,sed for the specific purpose OF pay
| ~. warrants, outstanding against So ~
| Fund !saua,, in payment Tor ~:
White Way risetric lighting system int
and Ten Thousand tsl8,eoo} of whicn en-
to- to-" he used for the specific purpose ,n o.
paying the warrants. optstannsnnss
! aa~ainstes said Fund. issued in paymentt
for the construction and equipment ~
a detention hospital, in said city. s.,d
civ tie Clerk and Treasurer and "a al !.
other officers. respectively: of SAID ct y;
are hereby authorized, ordered and a.'
rected to furnish tse aforesaid p par.
chasers OF said bonds VIVA SUI, .,
other documents as will fully evidence
4 thn' proceedings had relative I othe Is,
suance of said bonds. the regularity an an,
sufficiency thereof, and the acts OF an:
\ nnst .aifhsr or all of said officers, an.