1918 (#594-612) - Laserfiche WebLink

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¸86 Section 5. The interest coupons attached to said Bonds shall Be substantially in the following form, to-wit: $ Interest coupon No. On the first day of ,A.D. 19 the City of Santa Aha promises to pay the bearer at the city treasury of the city of Santa Aha the sum of dollars in gold coin of the United States of America, being semi-annual interest on B~idEe Bond No. d&ted ]~ay 1st, 191S. Treasurer of the City of Santa Ans. Section 6. Each, every, end all of said bonds shall be signed by the President of the Board of Trustees of the city of Santa Aha, as the executive thereof, also signed By the Treasurer and countersi~ned By the Clerk of said city; each of said officers are hereby authorized and instructed to sign and co~ntersign said bonds and coupons. The signature of the Treasurer of the city of Santa ~na required to Be affixed to the interest coupons may be By a printed, engraved or lithographed fac-simile of suo~ Treasurer's signature, and when so affixed shall Be deemed and treated as the lawful signature ofsuoh Treasurer. Section ?. Any and all Bonds, the issuance and sale of which is provided for by this Resolution, may be issued and sold by the Board of Trustees of the city of Santa An& as they may determine to the highest Bidder therefor in gold coin of the United States, But for not less than their par value, and the pro- ceeds of such bonds when sold shall be placed in the municipal treasury of the city of Santa Aha to credit of the proper Bridge fund, which funds are hereby created for the reception of said moneys, and tl~e said funds shall Be applied exclusivel~ to the purposes and objects for which the same was voted and as is mentioned in Ordinance No.6]O of the city of Santa Ans. Section 6. The Board of Trustees of the city of Santa Aha, as the legislative branch of said city, shall, at the time of fixing the general tax levy and in the manner f~r such general tax levy provided, levy and annually collect, each year, until all of said bonds are ~ald or until there shall Be a su~ in the Treasury of the city of Santa Aha set apart for that purpose to meet all sums coming due for principal and interest on said bonds a tax sufficient to l~ay the semi-annual interest on such bonds, and also such a part of the principal thereof as shall become due before the time of fixing the next general tax levy. The taxes here~n required to be levied and collected shall Be in addition to all other taxes levied for municipal purposes and shall Be collected at the same time and inthe same manner as other municipal taxes are collected, and shall be placed in the municipal treasury of the city of Santa Aha in funds separate from all other funds therein; one of said funds shall Be known ae 'North Main Street bridge, principal and interest redemption fund' and one of said funds shall Be known as 'North Flower street