The Wyandotte herald. (Wyandotte, Mich.) 1879-1943, 1939-04-28
94-1OO Dollars, $614@.

| No. ITO Six hundred and no-1O0
Dollars, $4,000.
No. $50 Five hundred sixty and no
100 Dollars, $4,000.
No. 181 Two thousand five hundred
forty nine and 101OO Dollars, $2j49.-
| 10.
(which amounts were ordered to be
and have been assessed against the
property abutting upon said improve
Eients.
BE 1t Resolved, by the City Council
| Of said City Of Wyandotte, that the
sum Of Fifty six Thousand Dollars
| ($56, 100000 be raised by loan and that
for the purpose Of securing the pay
ment Of said loan, the bonds Of the
City Of Wyandotte be issued and de-
signated WPA Street Paving Bonds,
which bonds shall be serial bonds, and
shall consist of fifty six bonds, num-
bered consecutively from one (1) to
fifty six 1851 inclusive, for One Thou
sand Dollars ($1,OOO.OO each. and
shall be dated June i, 1889, and shall
bear interest at a rate not in excess of
three per cent per annum, payable
| semi annually ON June I, and Decem-
| Der 1, Of each year until said principal
sum be paid, and that the serial in
stallments of interest shall be EVIL
denced by coupons attached to said
bonds, and that said bonds shall be
come due in their numerical order,
commencing with number one as fol-
lows:
No. of bond, 1 to 16 inclusive /;
amount, $16,OO0OO; date Of maturity.
June l, 1910.
No. Of bond IL to 70 inclusive
amount, $1O,OOO.0O; date Of maturity.
June /, 1871.
No. of bond, q to 80 inclusive |;
amount, $1O,O0O.OO; date of maturity,
June i, 1912.
No. Of bond, 81 to As inclusive /;
amount, $1O,OO0yO0; date of maturity,
June /, 1913.
No. of bond, AZ to 56 inclusive
amount, $1O,O00.0O; date Of maturity,
June 1, 1914.
Resolved Further, that this Council
| does hereby estimate that the period
| of usefulness of said pavements, the
partial payment of which this Council
| is to issue Special Assessment Bonds
| for, is not less than twenty 600 years.
1 Il
| bonds and the interest coupons thereto
attached shall he payable at the wy
andOtte Savings Bank, in said City OF
WyandOtte and that said serial bonds
| be sold at the direction of said City
| Council, at. not less than par value
and that the proceeds Of said sale be
paid to the Treasurer of said City and
| By him placed to the credit OF the
WPA Street Paving Special Assess
ment Fund Of said City.
Resolved Further, that the Mayor
| ard the City Clerk Of said City be,
and they hereby are authorized and
| directed to execute, sign, and counter
| sign said bonds and affix thereto the
corporate seal of said City, provided,
| however, that each of the interest c0u-
pons affixed to each of said bonds
| shall he executed with the original or
| Autographed facsimile signature of
the City Clerk, and that the City Trea-
| surer he and he hereby is authorized
| to deliver said bonds TO the purchaser
or purchasers thereof upon receipt Ut
the purchase money thecssor, and that
said bonds and the coupons attached
| thereto, except only as to the necessary
!
and dates of maturity, be substantially
i'm the following form:
United States of America
| State of Michigan
County of Wayne
City Of WylndoUte
Paving. Bonds
Know All Men By These Presents,
that the City OF Wyand0tte, County OF
| Wayne and State of Michigan, &C
| knOwledgeS itself to owe, and for value
received hereby promises to pay the
| bearer the sum of '------- Dollars
| tS---) on the ------------ a. ~.
------, together with interest on
said sum from the date hereof until
| paid at the rate of ------ per centum
| (----9d1 per annum, payable semi,
| annually on the - day or --------
| and --- in each year and upon
| the presentation and surrender Of the
| interest coupons hereto attached as
| they severally become due; both prin-
cipal and interest payable in Gold
| Coin Of the United States Of America
Of or equivalent to the present stand
ard of weight and fineness at the
i UtuhlhuS uOucS VI Lhc w so4kuOtoC ga
ings Bank, WyandOtte, Michigan, and
for the prompt payment Of this bond
both principal and interest and matur'
lily, the full faith. credit and resources
OF said City OF WyandOtte are hereby
:rrevOcably pledged.
This bond is one OF an issue OF
fifty six (56) bonds Of like date and
tenor, of the denomination of One
Thousand Dollars ,($1,OO0O0) each
numbered from one ~ TO fifty sir
t56), both inclusive, amounting In the
aggregate to Fifty six Thousand Dol
lars ($56O00.O0). issued by said City
Of Wyandotte, for the purpose Of pro
'iding funds to denrAy die CitJ's por'
tiOn Of the cost and expenses Of grad
ing, curling and paving
Third Street from Eureka to Ford
Ave.
Fifth Street from. Goddard to st
John st.
Seventh Street from Grove to Bure
ka Ave.
First Street from Mulberry te
Spruce Street.
Ludington Street from Sixth St. tt
Biddle Ave.