The Chronicle-star combined with the Moss Point advertiser., 1946-05-10

3. That there are at this time no
funds available in the city treasury
for the payment of such costs; and
WHEREAS, this Board Of Mayor n
Councilmen further finds and declares;
4. That the assessed valuation of
taxable property in said City OF Pas
cagoula, according to the last eom-
pleted assessment is Five Million One
Hundred Sixty One Thousand Seven
Hundred Thirty tS5,16l 10000 Dollars
5. That the total indebtedness OF
said City is Two Hundred Twenty
Six Thousand ts226 .0CO.00l Dollars.
6. That the o of bonds pro-
posed to be issued, namely, Thirty
Thousand Dollars 1880. 000l, when 10
City. after deducting all bonds or
other evidences of Indebtedness here
tofore issued for water and light pur-
poses m for the construction o.
special improvements primarily
chargeable to the property benefited
City's proportion of any bettermeni
program. a portion of which is pri-
marily chargeaole to the property
benefited, does not exceed ten per
centum. 1000 of the assessed value
of taxable property in said City ac-
ment for taxation: and that such
amount of bonds proposed to be issued
when added to all outstanding indeb-
tedness. both bonded and floating
does not exceed fifteen per centum
asa of the aforesaid value of tax
! able property in said City; and
WHEREAS, this Board of Mayor and
Councilmen further finds and declares
that the population of the City of
Pascagoula is less than fifteen thous-
and: and that the amount of indeb-
tedness proposed to be incurred does
not exceed Thirty Thousand Dollars
(s30.0O0); and
WHEREAS, hi Board of Mayor and
Councilmen further finds and de
clares that under Title Is. Division
is now fully authorized n empoW-
cred to declare it's intention to issue
bonds of the City of Pascagoula, Mis-
sissippi. in the amount of Thirty
Thousand Dollars (S30.000). for the
purpose of erecting a municipal build.
ing commonly called a fire station)
to house fire department equipment
and apparatus of said City. without
an election and upon the pubiica-
ton of this resolution declaring such
intention, and to authorize The issu-
ance of such bonds on a date to be
determined in this resolution. unless
twenty per centum (20Tl of the quail
fled electors of the City of Pasca-
goula file a written protest against
The issuance of said bonds on or be-
hViC di0 ddtGt all II 10 " az OCot
interest of said City to issue said
bonds:
NOW. THEREFORE. BE IT RESOLv-
ED BY THE BOARD OF MAYOR AND
COUNCILMEN OF THE CITY OF PAS
CAGoULA, MISSISSIPPI, AS FOL-
LOWS:
SECTION 1. That this Board of
Mayor and Councilmen hereby de-
clares its intention to issue bonds of
the City of P~ascagoula. Mississippi,
in the maximum amount of Thirty
Thousand Dollars t$30. 000i for the pur-
pose of erecting a municipal building
Commonly called a fire .stationl 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
in such amount or amounts. within
the limitations fixed by law. as shall
hereafter be determined by this Board;
and for the payment of such bonds
the full faith. credit and resources
of the City of ~Pascagoula shall be
~irrevocably pied yed.
SECTION q. That the issuance of
said bonds will be authorized at a
meeting of this Board to be held at
City Hall IN said City of Pas
cagoula. at the hour of 3 o'clock
.. m. on Friday. the II day of May,
1910, unless We1ty pei CeDIuIH tIUNCJ
Of the qualified electors of the City
of ~Pascagoula file a written protest
against the issuance of said bonds
on or before said date.
SECTION g.. 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
Pascagoula and If such a protest be
signed by twenty per centum t209a)
Of the qualified electors of said City
49, RsI-l AL Al TI-eI- aAfd
City on or before the date fixed
for the issuance of said bonds, then
an election shall be held. as provided
by law. for the purpose of submitting
to the qualified electors of said City
The proposition to issue bonds in the
purpose. If no such protest signed
BY the requisite number of qualified
electors is filed, the said bonds viii
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
P~ascagoula, which has been publish
ed for more than twelve months prior
to the date of the adoption of this
resolution, for three (31 consecutive
weeks prior to said II day of May
1916, said resolution TO be published
At least our az times, the first of
aid publications TO be at least TWEEN
ty-one CID days prior to the afore-
said date and the last publication to
be not more than seven ca days
prior to said date.
The foregoing resolution having
been introduced in writing at this a
regular meeting of the Board of
Mayor and Councilmen of the City
IT Pascagoula held on Tuesday, the
is day of April. 1916. was at said
meeting read, considered and adopt
I'd, 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
yote:
Watts voted yea
Beckham voted yea
DeJean voted yea
tScaD Approved:
Attest: j.. II. WATTS,
v. p. DeJEAN. Mayor.