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299 <br /> <br />-~- On the let day of September, 1921, two of said bonds, one in the denomination <br /> of ~],000.00 and being Bond No. I and one in the denomination of $120.00, and being Bonc~ <br /> No. 2, shall be paid, and annually thereafter on the let day of September two additional <br /> of said fifty bonds in lik~ denominations and in successive numerical order shall be paid <br /> until the whole sum of $2g,000.00 shall be well and truly paid in gold coin of the United <br /> States, making an annual payment of $1,120.00 on the principal of the said indebtedness, <br /> the said sum being not less thsnone~fortieth part of the amount of the principal of said <br /> indebtedness · <br /> The principal of the indebtedness in the sum of $2g,000.00 shall beer interest from <br /> the ls.t day of September, 1920, at the rate of 5~% per annum, payable semi-annually, the <br /> first inetallment of interest shall be paid on the let day of March, l~S1, and on the let <br /> day of the months of September and March thereafter until the wholeof said principal and <br /> interest shall have been well and truly paid in gold coin of the United States. <br /> (d) In the principal sum of $12,000.00 for the completion and improvement of the <br /> City Hall of the city of Santa A~a, a building constructed for municipal uses and purposes, <br /> and the sum of $12,000.00 shall be represented by twenty-five (25) bonds, each dated the <br /> 1st dayof September, 1920, and numbered consecutively from one (1) to twenty-five (25) <br /> both inclusive, each bond inthe denomination of $480.00. On the let dayof September, 1921 <br /> one of said bonds, being Bond No. l, in such denomination shall be paid, and annually <br /> thereafter on the let day of September one additional of said twenty-five Uonds in sun- <br /> oessive numerical order and of like denomination shall be paid until the whole sum <br /> $12,000.O0 shall be well and truly paid in gold coin of the United States, makein an <br /> annual payment of $480.00 on the principal of the said indebtedness, the said sum being <br /> not less than one-fortieth part of the amount of the principal of said indebtedness. <br /> <br /> The principal of the indebtedness in the sum of $12, O00.00 shall bear interes~ <br /> from the let day of September, 1920, at the rate of 5½% per annum, payable semi-annually <br /> the first installment of interest shall be paid on the let day of March, 1921, and on the <br /> let day of the months of ~eptember and March thereafter until the whole of said prinT <br /> cipal and interest shell have been well and trulypaid in gold coin of the United States. <br /> (e) In the principal sum of $16, O00.O0 for the acquisition of certain property <br /> for municipal uses and purposes of etreet work and to be u~ed in the lmprovemant and re- <br /> pair of the public streets of the city of Santa Ana, and the sum of $16,000.00 shall be <br /> represented by twenty-five (25) bonds, each dated the let day of September, ]920, and <br /> numbered consecutively from one (1) to twenty-five (25), bothinclusive, each bond in the <br /> denomination of $6~0.O0. On the l~t day of September, 1921, one of said bnnde, being <br /> Bond No. 1, in such denomination, shall be paid, and annually thereafter on the let day <br /> of September one additional of said twenty-five bonds in successive numerical order and <br /> of like denomination shall be paid until the whole aumcf ~16,000.~0 shall be well and <br /> truly paid in gold coin of the United States, making an annual payment of ~640.O0 on the <br /> principal of the said indebtedness, the said sum being not less than one-fortieth part <br /> <br />of the amount of the principal of said indebtedness. <br /> <br /> The principal of the indebtedness in the <br />from the let day of September, 1920, at the rate of <br /> <br />sumof $16,000.00 shall bear interest <br />5~ per annum, payable semi-annually, <br /> <br />the first installment of interest shall be paid on the let day of March, 1921, and on the <br />let day of the months of September and March thereafter until the whole of said principal <br />and interest shall have been well and truly paid in gold coin of the United States. <br /> <br />(f) In the principal sum of $36,000.00 for theoonstruction of ~ement p~vement <br />and a wearing surface upon a portion of North Main Street, a public street in the city of <br /> <br /> <br />