Santa Ana, snd the sum of $36,000.00 shall be represented by fifty (50) bonds, each dated
<br />the let day of September, 1920, and numbered consecutively from one (1) to fifty (50), ,
<br />both inclusive, and each odd numbered bond thereof being in the denomination ~ $1,000.00,'
<br />and each even numbered bond thereof being i:~ the denominatiun of $440.00. On the 1st day
<br />of Sentember, 1921, two of said bonds, one in the denomination of $1,000.00, and being Bond
<br />No. 1, and one in the denomination of $440.00, and being Bond No. 2, shall be paid, and
<br />annual3y thereafter on the 1st day of September two additional of said fifty bonds in like
<br />denominations and in successive numerical order shall cbs paid until the whole sum of
<br />~36,000.00 sh~ll be well and truly paid, in gold coin of the United States, making an
<br />annual payment of $144G.00 on ~he 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 /> The principal of the indebtedness in the sum of $36,000.00 shall bear interest
<br />
<br />from the 1st day of Seytember, 1920, at the rate of 5½% per annum, payable semi-annually,
<br />the first installment of interest shall be paid on the 1st day of March, 1921, and on
<br />the 1st day of the months of Sertember and March thereafter until the whole of said prin-
<br />cipal and interest shall have been well and truly paid in gold coin of the United States.
<br />
<br /> (g) In the principal sum of $10, O00.00 for the construction of cement pavement
<br />
<br />and a wearing surface upon a portion of East First Street, a public street ir, the city of
<br />Santa Ana, and the sum of $10,OO0.00, shall be represented by twenty-five (25) bonds, each
<br />dated the 1st day of September, 1920, and numbered consecutively from one (1) to twenty-
<br />five (25), both inclusive, ~ach bond in the denomination of $400.00. On the 1st day of
<br />September, 1921, one of said bonds, being Bond No. l, in such denomination, shall ~e paid,
<br />end anuual3y thereafter on the 1st day Of September, one additional of s aid twenty-five
<br />bonds iD successive numerical order and of like denomim~ion shall be paid until the whole
<br />sum of ~10, O00.O0 shall be well and truly paid in gold coin ~ the United States, making
<br />an annual payment of $400.00 on the principal of the said indebtedness, the said sum being
<br />
<br />not less than one-fortieth Tart of the amount of the princioal of said indebtednesS.
<br /> from the lat day of Sept., 1920.
<br /> The principal of the indebtedness in the sum of $10,000.00 shall bear interest~at
<br />the rate of 5~ per annum, payable semi-~nnually the first installment of interest shall
<br />be paid on the 1st day of March, 1921, and on the 1st day ~f the months of September and
<br />March thereafter until the whole of said principaland interest shall h~v~ b~cn well and
<br />truly paid in gold coin of the United States.
<br />
<br /> (h) In the principal sum of $9,000.00 for the construction of cement pavement and
<br />
<br />s we~rinF surface upon a portion of Bristol Street, a puOlio street in the city of Ssnta
<br />Aha, and the sum of $9,000.00 shall be represented by twenty-five (25) bonds, each dated
<br />the 1st day of 9eptember, 1920, and numbered consecutively from one (1) to t~.enty-five (25),
<br />both inclusive, each bond in the denomination of $360.00. On the 1st day cf ~eptember,
<br />1921, one of said Bonds, being Bond No.1, in such denomination, shall be paid, and annually
<br />theN'eafter on the 1st day of September one additional of said twenty-five bonds in suOcessive
<br />numerical order and of like denomination shall ~e paid until the whole sum of $9,000.00
<br />shall be well and truly paid in gold coin of the United States, making an annual payment
<br />of ~360.00 on the principal of the said indebtedness, the said sum being not less than one-
<br />fortieth part of the amount of the principal of said indebtedness.
<br />
<br /> The principal of the indebtedness in the sum of $9,000.00 shall bear interest
<br />
<br />from the 1st day of ~eptembar, 1920, at the rate of 5~% per annum, payable semi-annual]y,
<br />
<br />the first installment of interest shall be paid on the 1st day of March, 1921, and on the
<br />
<br />
<br />
|