The Winslow mail., 1922-07-28
BE IT ORDAINED BY THE MAY
OR AND COMMON COUNCIL OF
THE TOWN OF WINSLOW:

Sec l. That the public interest
demands the building and construc-
ton of a City Hall including a Jail
and garage, and furniture and equip
ment for same, on lot seven CD
block eight (8) of the Town of Win
slow, now owned by the said Town
of Winslow: that to provide funds
for the building and constructing
said City Hall it is necessary that
an issuance of bonds of the Town
of Winslow in the aggregate amount
of Eight Thousand ($S,OO0) Dollars,
be made, with the assent of a ma
iority of said property taxpayers of
said Town, who are in all other re-
spects qualified electors of said
Town as by law provided.
Sec. 2. That with the assent of
said property taxpayers as herein
after provided, bonds of the Town
Of Winslow shall be issued in the
aggregate amount of Eight Thous-
and ($S,000) Dollars, and the pro-
Ceeds of the sale thereof be used
for the purpose of building and con-
structing. said City Hall, to be own
ed by said Town, on Lot Seven (N,
Block Eight 90 of the Town of
Winslow; that said bonds shall bear
date of their issuance and be due
and payable ten QO years after
date; they shall be of the denomina-
tions of One Thousand ($1 ,000) Dol
lars each, and shall bear interest
at the rate of six per cent per an
mum, payable emi-annually on the
fret dave nf Tn1u and q
spectively of each year: said bonds
shall be numbered consecutively
from one to eight inclusive, and
shall be signed and attested by the
Mayor and Town Clerk; said bonds
shall be payable to bearer and coup
ons for the interest shall be attach
ed to each of said bonds SO that
same may be removed therefrom
without mutilating the bonds, and
each of said coupons shall bear
facsimile of the signatures of the
Mayor and Town Clerk as said sig
natures appear on said bonds.
Sec. g. That the interest falling
due on said bonds in the year 1923
shall be and the same is hereby ord
cred to be appropriated out of the
general fund tax levied by said
Town in the year 1922: and for the
purpose of reimbursing said gener
al fund for the amount SO taken
from it, and of providing sufficient
funds. to meet the interest falling
due on said bonds s5ubseqently to
the year 1928, promptly when and
as the same accrues, and also of
creating and maintaining sinking
fund for the discharge of the prin-
cipal of said bonds at the date of
there is hereby levied upon all tax
slow, in addition to all other taxes,
the following annual tax. to-wit:
For the year 1923 q tax sufficient
to produce the sum of Thirteen
Hundred Eighty Dollars, same being
Four Hundred Eighty Dollars for in
terest and Nine Hundred Dollars
for principal: for each of the years
1924 to 1882 both inclusive. a tax
sufficient to produce the sum of
Twelve Hundl ed Eighty Dollars, be
ing Four Hundred Eighty Dollars
interest and Eight Hundred Dollars
for principal:
Said annual tax shall. in each of
said years, be extended on the tax
rolls, and collected by the same Of
hcers, in the same manner and at
the same time as the taxes for gen
eral town purposes for said town in
that year are extended and collect
ed; and all funds therefrom shall be
placed in a separate fund to be de-
signated City Hall Bonds of 1922
Fund, which shall be irrevocably
pledged to be used solely for the
payment of interest on and princi-
pal of said bonds when due, so long
as any of the said bonds or the in
terest coupons thereto appertaining
remain outstanding and unpaid.
Sec. 4. That special election is
hereby ordered to be held in said
Town of Winslow, State of Arizona
on the End day of September, 1922,
for the purpose of submitting to the
property taxpayers in said Town,
who shall in all other respects be
qualified electors in and for said
Town, the question of whether the
Indebtedness of said Town shall be
incurred by the issuance of said
xl- i