HomeMy WebLinkAboutORD 189. ·
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. Ai.Vi: OR:O!~!;JVCE Pr~o~l!D!~rc r~~·OR :'~·S !~1C,t:?.F:r:-~G OF P .. 30~rDE:-J !~~--
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No. of eaid City, c:::it1·~ori ty wae giver: ~o. issue bends o:'
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~~~i.cl City ir.. t!:.e sum of seventy-:'iv_e t:-:ounE11:C. dellA!"S .:·or
Plant~of said City;·
Sec. l ..
!lu.ni·ci:pc,J. J?owe:-i'lz.;.t o! ~1&i<! City.. Said co::cls sX:;.all ce
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kno ..... -r. &.s "?owe:-:? lc.r'/~ Bends o~ 19l9r. a."l.:. s.h:;.11 cc.rl::.: is t
9' /,.
o~ seve~ty .... :f.i
do 11;'.ll"S each.
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Tr:.ee of said bon<.ts s1·:.all be payable each
anc every year a.t tlle city treasury of the S2-ie. :=ity,
ye~:r f:ro~ ·1920 to 1944·.,, ·-~
en sa:!.d bonds
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ORD 189
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ea.ch ;/eG..r being on ":;;he 2nd day of July, and. the otl:.er of
interest shall be e".ric!er.cec :~y :prope.:. coupons attached -:.o
~&id bonds shall be
/'f;J.I
1c1~ e~d shall subEt~~
wit:
d.sted the 2nC: day of July, --
City o! Pale Alto
'f ~/
:&o ... _ $1000 .. 00
On t~e 2nd day o~ 1s20, tne City of Palo --
ir.. the City of .Palo Al ~o, Cou·nty ·of Sal"'. t.o. Clara ... State of
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gold cc t;;.e Uni t.ed St&~e;.~. cf A.~e:ica, ¥1.•i th interest
is ~ne of ~ se~ie= o~ bonds o~ like
ten.or and
t.!'~c Gity of Pa:o Al to fo:." the r.;u.::.-pcse of acquirinc cc:r~ i:1.
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to a.""ld confo:r!!!i ty wi Ul Or-
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And it is !.lerec1y certified. esaerted and decla.red
tir~e. le;~s of the State of Ca.lifornia.
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e.lectlo::i d-.;.ly a.~:.d :~su.la!'ly llec and h~lC. i!'! said City
....,.-:; ./ _'f . .,,,.~''/' ,_~If .>wi•1 f /·:;1r'":'J. ,.•' ·
on the 2;>:.h day of ·"'~u:'le. lS 1 )t. not e· tJ::.e !'"eo '.*'." ha-vi r~ 'bee:i
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c e lee ti or. ha~~ been C3.:J. vassed o.nd decl:'lre d and er. te :red
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o~ ~h~ State of Californin and o~ the ordina~cco of said City • •
'• of ?alo Alto ~3Ve been duly and regularly a~d f~lly co~plied
su:i.d City ar-.d in t.1-~e issuance ·. ..
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t'k;.e tote.l •
sr:i.id City of A1-::.o, the in ...
debtedness evieenced t::is ies:iJe of bonds. does not e.A:ceec. · ..
t~:e conat:. t~tic:.i·
State of C~li.fo:::::ia ...
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ca::i.zed ~he City Cle'.:·~~ to ~:ffix -:.'!:e::-eto ~he co:per.at.e ·-;~::sal of
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sa5.d. (;i ty 6f 'Palo .Alto; th.,frl ~d day of J.":~Y, 1915' •
·--~-Ill• "1:11• .. ~---~ ~ ~~~·-.. ~----T:-::eas u.re :-of the C:ity o! PaJ.t:.) Alto
--!"""'--~~-~-"""!!'•---~---t"l & 1'11WWW k ,.._ . .,... . ....._ .... ,_ __ _ City Clerk of :~e Sity of ?alo A!to
011 t.::;.e ,,• •••• df!,.''./ o!' •••.•••••••• A .. ~' .. ; ... t~~e
: ou::t:r o ~
1~e is
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counte·:r.,sign each eve-r; one of said bonds of said City,
·an.ct he .s!~ll. t:t .. e corporate seal City
t6 each and every cce o! said bonds~
d C(n;:.po:1s s.ho.11 constJ tute a.."'ld oe a su.f!'"icient
~ t. eithe.r
fici to pe.y Q,JJ. of
d i r:. t e :r<H; t
Said bond3 Yc.:::.y ce sold oy zaid Cou.."i.cil
/.:ld it
co llec te: d
t:l.xs.ti on l. •"1. ..
shall
City e. tax suf-
interest on such bo~ded indebted-
i.~:terest of
col .. ,
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And t~e ~aid Co;;.n<..~il of' the City of Palo Alto !'z-
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the~ o:r.da.ir"e :.hat tl:..ere shall ,z.e ~nc. ie hc:-~by :;>ro\"idec! ~.
des:r..;;nated as tl~e "Sin~d:c.s !i'U?1d for t·he Pa.y:r..ent 1,f ?owe::-
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?:ant So::;d .. s o'!. 191~,. and t:ho.t. tti:e procee:C .. s c.f' the le,,..y above
mentioned ,shsll .oe· p.r.:.!.d in~o ~aid. sinkir'-6 fund as soon as
in;: f u.nd lin ti l
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a::'li:t
.; "'· :"' w.~ _,._ ........
a:tld co~pons
i:::i:ed ia te ly after
t .none of tl"~.e ::.oneys p~id in't.o
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ion ~c the s~id ~onds by \! or1ir...ance
shnll be execut'ec. and be ::-ead:y !"or C('! l i ¥~'!:"/ to -;..:ie :purchase!"
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Of/;pu:-ehs.ae pri~e, and
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li thograpned or
a.::-:.d s receipt therefi:>r exe c~ted. 'cy hi:.-: -:.o the l!syo!' of t..!'\.e . .
held :esponsible on
ity
City of Palo Alto held on
· .Ahse!lt:
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