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116 <br /> <br />Santa Aaa for the several objects and ~urposes and <br />in the several amounts of the principal of the in- <br />debtedness to be incurred therefor, ~s set forth in <br />Resolution No. 939, recited in this 0rd~nance, and <br />stated on s~Id ballot. <br /> <br /> Section 19. The bonds for any and all <br /> <br />purposes for which indebtedness may be authorized <br />to be incurred at t~e s~eci~l election herein called <br />and ordered to be held, shall be issued and sold by <br />the Board of Trustees of the city of Santa Aaa as <br />they may determine, but for not less than their par <br />vslue, and accrued interest on the date of their <br />delivery. And the proceeds of such bonds shall be <br />placed in the municipal treasury of the city of <br />Santa Aaa to the cr~:dit of the proper improvement <br />fund and shall be applied exclusively to the pur- <br />poses and objects mentioned in this ordinanc~ and <br /> <br />for which the same <br />Section 20. <br />issued for any one <br /> <br />was voted. <br /> <br /> The bonds which may be <br />or more of the objects and <br /> <br />purposes for which indebtedness is authorized to <br />be incurred sh~ll be payable substantially as <br />follows: <br /> <br /> A part to be determined by the Board of Trustees <br />of the city of Santa Aaa which shall not be less <br />than one-fortieth part of the whole amount of such <br />indebtedness shall be p~Id each and every year on a <br />day and date, and at a place to be fixed by said <br />Board of Trustees, and designated in the bonds, to- <br />gether with interest at s rate not ezceeding the <br />maximum ra~e in this Ordinance fixed and recited, <br />and which interest shall be payable semi-annually. <br /> <br /> The bonds shall be issued in such denomination <br /> <br />as the Board of Trustees may determine, except that <br />no bond shall be of less denomination than $100.00 -- <br />nor of a greater denomination than $1000.00, and <br />shall be payable on the day and at the place so fix- <br />ed and desiFnated in the b~nds. <br /> <br /> All of the bonds shall be signed by the Presi- <br />dent of the Board of Trustees of the city of S~nta <br />Aaa, as the executive thereof, also s~gned by the <br />Treasurer thereof, and countersigned by the Clerk. <br />Interest coupons shall be attached to the bonds and <br />numbered consecutively, and which shall be signed <br />by the Treasurer, provided that the signature of <br />the Treasurer, may be placed on said interest <br />coupons by a printed or lithographed fac simile of <br />said Treasurer's signature. <br /> <br /> <br />