The Chronicle-star combined with the Moss Point advertiser., 1946-04-26

ed 10 the outstanding DOr1uS OF SAID
City, after deducting all bonds or
other evidences of indebtedness here
tofore issued for water and light pur-
poses and for the construction of
special improvements primarily
rhafgeable 10 the property benefited.
City's proportion of any betterrnent
program. a portion of which is pri-
mafily chaFgeablc to the property
benefited, does not exceed ten per
centum Q0es) of the assessed value
Of taxable property in said City ac-
rent for taxation; and that such
amount of bonds proposed to be issued,
when added to all outstanding indeb-
fedness. both bonded and floating.
does not exceed fifteen per centum
trgJ Of the aforesaid value OF tax
able property in said City; and
WHnhEAS. this Board of Mayor and
councilmen further finds and declares
that the population of the City of
Paseagoula is less than fifteen thous-
tedness proposed to be incurred does
1gt exceed Thirty Thousand Dollars
$50 600. and
WHEREAS. this Board of Mayor and
couneilmen further finds and de-
clares that under Title is, Division
10 of the Mississippi Code. 1042, it
Is now fully authorized and empow-
cred to declare its intention to issue
bonds OF the City of Pascagoula, Mis-
sissippi. in the amount of Thirty
Thousand Dollars 1890 .0001. for the
purpose of erecting municipal build
ing commonly called a fire station
to house fire department equipment
and apparatus of said City, without
an election and upon the publica-
tion of this resolution declaring such
intention. and to authorize the issu-
anoe Of such bopds ON a date to be
determined in this resolution. unless
twenty per centuin 100 of the quail
fled electors of the City of Pasca-
goula file a written protest against
the issuance OF said bonds on or be-
fore said date; and II is for the best
interest of said City to issue said
bonds
NOW, THEREFORE,. BE 1T RESoIv-
ED BY THE BOARD OF MAYOR AND
cOUNCILMEN OF. THE CITY OF PAS
cAGoULA. MISSISSIPPI. AS FOL
LOWS;
SECTION !. That this Board of
Mayor and Councilmen hereby de-
clares its intention to issue bonds of
the City of Pascagoula, Mississippi,
In the maximum amount of Thirty
Thousand Dollars tS30,000) for the pur-
pose of erecting municipal building
commonly called fire station) to
house fire department equipment and
apparatus of said CITY: said bonds
TO bear interest at a rate within the
limitations fixed by law. to be here
after determined by this Board, and
TO mature at such time or times and
n snch amount OF amounts. withln
hereafter be determined by this Board;
and for the payment of such bonds
the fun faith credit and resources
of the City of Pascagoula shall be
irrevocably pledged.
SECTION 2. That the issuance of
81 t.e.va III -. - r~-tn~
meeting Of this Board 10 be held at
City Hall in said City of Pas
cagoula. at the hour of 3 O'Clock
D. m. on Friday, tie II day of May,
1916. unless twenty per centum t20esl
of the qualified electors of the City
of Pascagouia file written protest
against the issuance of said bonds
on or before said date.
SECTION 3. That notice Is hereby
given that a written protest against
the issuance of said bonds may be
filed with the Clerk of the City OF
signed by twenty per centum t20ssl
of the qualified electors of said City
and filed with the Clerk of said
City on or before the date fixed
for the issuance of said bonds, then
an election shall be held as provided
to the qualified electors of said City
the proposition to issue bonds in the
aforesaid amount for the aforesaid
purpose. If no such protest signed
by the requisite number of qualified
electors is filed, the said bonds will
be issued without an election.
SECTION 4. That the City Clerk is
hereby authorized and directed to
cause this resolution to be published
in The Chronicle Star a newspaper
og general circulation in the City Of
Pascagoula, which has been publish
ed for more than twelve months prior
to the date of the adoption of this
resolution, for three 81 consecutive
weeks prior TO said II day of May,
1916; said resolution TO be published
said publications TO be at least twen-
ty-one t2l) days prior to the afore-
said date and the last publication to
be not more than seven "a days
prior to said date.
The foregoing resolution having
been introduced in writing at this
regular meeting of the Board of
Mayor and Councilmen of the City
of Pascagoula held on Tuesday. the
10 day of April. 1916, was at said
meeting read, considered and adopt
ed paragraph by paragraph, section
by section. and then as a whole, with
out change in the form in which ii
was introduced. by the following
vote:
watts voted yea
Beckham voted yea
DeJean voted yea
fSeall Approved.
Attest: J. r. WATTS.
v. p. DeJEAN, Mayor
City Clerk.
~ If