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1918 (#594-612)
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1918 (#594-612)
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Last modified
1/3/2012 12:47:03 PM
Creation date
4/14/2003 1:21:58 PM
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Pre-Charter
Year
1918
Pre-Charter - Doc Type
Resolutions
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brtd~e' hereafter in this Resolution is intended to mean, shall <br /> mean and at all t~mes be construed to mean the said bridge.) <br /> <br /> The bonds of the city of Santa ~tna <br /> <br /> sum of $?,?00.00 shall he issued and sold for the payment of the <br /> acquisition and construction in the city of Santa ~na ~f a muni <br /> cipal improvement therein, to-wit: a bridge erected over and ex- <br /> tending across that certain water course existing within the city <br /> of Santa ~tna, known as, and called, Santiago Creek, at the plaCe <br /> where said Santiago Creek intersects North Flower Street, a public <br /> street in the city of Santa Aha; the same being necessary and con- <br /> venient to carry out the objects, purposes and powers of the city <br /> of Santa ~na. (The use of the words 'North Flower street bridge' <br /> hereafter in this Resolution is intended to mean, shall mean, and <br /> at all times be construed to mean the said bridge. ) <br /> <br /> The bonds to be issued and sold in the s~ <br /> <br /> of t3S, 500.00 for the acquisition and construction of said Main <br /> street bridge shall be ?0 in number, shall be nu~bared consecu- <br /> tively from 1 to ?0, both inclusive; 35 of said ?O bonds, being the <br /> odd numbered bonds thereof, shall be in the denomination of <br /> each; and ~5 of said ?0 bonds, being the even numbered bonds tkereof, <br /> shall be in the denomination of $100.O0 maCh. <br /> <br /> The bonds to be issued and sold in the sum <br /> <br /> of S?,?00.00 for the acquisition and construction of said North <br /> bridge <br /> Flower street~ehall be ~5 in number, shall be numbered consecutively <br /> <br /> from 1 to 3~, both inclusive, each of said ~ bonds shall be in the <br /> denomination of S2~0.00 each. <br /> <br /> There shall be attached to each, every, and <br /> all of said bonds interest coupons for the payment of interest there- <br /> on and interest on all of sa~d bonds, and all of the ~ndebtedness <br /> thereby evidenced, shall be paid at the rate of five (5)per cent. <br /> per anntu~. The interest at said rate on all of said bonds shall <br /> be paid semi-annual~y, and the interest coupons attached to said <br /> bonds shall be n~red consecutively. Both the principal and <br /> interest on said bonds and the indebtedness ~herehy evidenced shall <br /> be paid in gold coin of the United States. <br /> <br /> Section 2. ~tll of said bonds shall be dated the <br /> <br /> day of May,l~lS, and shall bear interest at the rate of five per <br />'cent per annum from said let day of May,191~. <br /> <br /> On the let day of May,l~l~, two of the said yO bonds <br /> to be issued and sold for the acquisition and construction of said <br /> Main street bridge, being Bonda No.1 in the denomination of $1,000 <br /> and Bond No.~ in the denomination of SLOO.00 shall be paid, and on <br /> the first day of May in each and every year thereafter two addition- <br /> al of ~aid ~O bonds, in successive nu~arical order, and of like <br /> denomination, shall he paid until a~ of said ?0 bonds, and the <br /> money thereby represented shall have been well and truly paid, prin- <br /> cipal and interest, the sa~e being and constituting an annual payment <br /> of tllO0.OO of the principal of said bonds, and is not less than <br /> <br /> <br />
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