The Chronicle-star combined with the Moss Point advertiser., 1949-04-22
THE IMPROVEMENT AND ADoRN.
1 MFNT THEREOF.

t1e Board oil mayor ant
Couneilmen OF the City OF Pascagoula
Mississippi, having made due investi
CATION. finds and declares:
i. That IL is necessary to purchas,
land for parks and Fairgrounds anc
TO improve and adorn such land:
2. That an estimate Of the cost there.
OF has been made and such cost hai
been found 10 &c Thirty Thousand
Dollars $3.50, 00o1;
3. That there are at this time nc
funds available In the city treasury
for the payment OF such costs. and
WHEREAS. this Board OF Mayor and
Councilmen further finds and declares
a. That the assessed valuation oil
taxable property in said City of Pa
cagoul9. according TO the last com.
pleted assessment. is five Million. Sew.
en- Hundred Sixty-Nlne Thousand
-Four Hundred Twenty-Five and No/I00
f$5, 7G9 ,425. 00):
5. That the total indebtedness OF
said City Is Seven Hundred Fifty
Thousand, Five Hundred and Nofi00
t$750. 500. O0l:
O. That the amount OF bonds to be
issued. namely, Thirty Thousand Dol
lars tS30.000). when added to the out
standing bonds of said City. after de-
Quoting all bonds or other evidences
of Indebtedness heretofore issued for
water and light purposes and for the
construction OF special improvements
primarily ~chargeable to the property
benefited, or for the purpose of pay
ing the City's proportion of any bet
torment program, a portion of which
Is primarily ~chargeable 10 the prop
erty benefited. e not exceed ten per
centum tl0T) of the assessed value of
taxable property In said City accord
ing to the last completed assessment
for taxation: and that such amount of
bonds proposed 10 be issued. when
added TO all outstanding indebtedness,
both bonded and floating. does not ex-
coed fifteen per centum tt5gal of the
aforesaid value OF taxable property in
said City; and
WHEREAS, this Board OF Mayor and
Councilmen further finds and declares
that the population Of the City of Pas
caRoula is less than fifteen thousand.
and that the amount OF indebtedness
proposed to be incurred does not X
coed Thirty Thousand Dollars $780,
000I: and
WHEREAS. this Board of Mayor and
Councilmen further finds and declares
that under Title l6, Division 10 OF the
Mississippi Code of 1912, Il is now fully
authorized and empowered to declare
Its intention 10 issue bonds of the City
of Pascagoula, Mississippi, in the
amount of Thirty Thousand Dollars
1886. 000) for the purpose of providing
funds for the purchase of land for
parks and Fairgrounds and the ira
provement and adornment .nereof.
without an election and upon the pub
hcation of this resolution declaring
such intention, and TO authorize the
issuance of such bonds on a date to
be determined in this resolution. un-
less twenty per centum t209dl of the
qualified electors of The city of Pas
cagoula file a written protest against
the issuance of said bonds on or be
fore said date: and 1t is for the best
interest of said City TO issue aid bonds
NOW. THEREFORE. BE 1T RE-
SOLVED BY THE BOARD OF MAY
OR AND COUNCILMEN OF THE CITY
OF PASCAGOULA, MISSISSIPPI. AS
FOLLOWS,
SECTION /. That this Board of May
OF and Councilmen hereby declares its
intention to issue bonds of the City of
~Pascagoula. Mississippi. in the maxi
mum mount of Thirty Thousand Dol
lars $3.50 ,000) for the purpose OF pro-
viding funds for the purchase of land
for parks and Fairgrounds and the inn
provement and adornment thereof.
said bonds to heal interest at a rate
within the limitations fixed by law. to
be hereafter determined by this Board,
and to mature at UGH time or times
and In such amount or amounts. within
the limitations fixed by law. all as
shall hereafter be determined by this
Board; and for the payment of such
bonds the full faith. credit and re-
sources of the City of Pascagoula shall
be i%rrevoeably pledged.
SECTION 2. That the issuance of
said bonds will be authorized ut a
meeting of this Board 70 be held at
the City Hall. in said City of Pasca-
goula. at the hour Of 1000 o'clock a
m. on Friday. the 22nd day of April.
1919. unless twenty per centum t20%l
of the qualified electors of the City
of Paseagoula file q written protest
against the issuance of said bonds on
or before said date.
SECTION 3. That notice is hereby
given hat a written protest against
the issuance of said bonds may be
filed with the Clerk of the City of
~Pascagoula. and If such protest be
signed by twenty per centum t20edl
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 cleo
ton shall be held, as provided by law.
for the purpose of submitting to the
qualified electors OF said City the
- OHtEithDAh w iaEht III tAlt
said amount for the aforesaid purpose.
II no such protest signed by the re-
quisite number of qualified electors
be filed. the said bonds will be issued
without an election thereon.
SECTION !. That the City Clerk IL
hereby authorized and directed to
cause this resolution TO be published
in The Chronicle star. a newspaper of
general circulation In the City of Pas
eagouls. which is eligible under the
provisions of Chapter AIT. Laws of
Mississippi. 1919, for three t3l consee-
utive weeks prior TO said 22nd day of
April. 1910; said resolution to be pub
ltshed at least O ca times. the fist
of said publications to be at least TWEEN
ty-one t2il DAYS prior to the aforesaid
date and h last publication TO be moi
more than seven ca days prior to
said date.
The foregoing resolution having been
introduced in writing at this a reg
ular meeting of the Board of Mayor
and Councilmen of the City of Pasea-
goula held on Friday. the 25th day of
March. 1919. was at said meeting read.
considered and adopted. paragraph by
paragraph, section by section. and then
as a whole, without change i'm the form
in which IL was introduced, by the fol-
lowing vote:
DeJean voted Yea
Ezell voted Yea
Canty voted Yea
approves + ). CAVITY, Mayor.
Attest:
V. p DeJEAN. City Clerk.
STATE OF MISSISSIPPI
COUNTY OF JACKSON
CITY OF PASCAGOULA
l. V. p. DeJean. Clerk of the City
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