HomeMy WebLinkAboutOrd 0061�J �J �:jr. J. 1i 4 1
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YK, T TZ'.77AC, a o a `= 1 election was he" he day
A
Y CLE
of A `A32 in. ac c, -rd ar, cc io: i iii t I i -, Tp r o v JL 3 i,:) n C Lt r u u -* - —
f C,
L,-entc- Of Ord.Inun.ce ITO. of aid 'ity, cu 7 line;, r°;vidin
a iv -In g notj JL o, -0 c 'L su%ch el e ot i cn , r 00 o cf., to a i d c --(,d inar, c,-",
further being healc filade; and
TUTLEREASS it has been detort-ained by a canvazse of U16
rns. of said elect ion by tho 7�oard o 'L T rkA-zt�?,es of sa-id City
made Vlay 1913,, and enterad ir, f-111.1 upon the of Oa` d
-'% L
I -.0.
t h uch z,11,11co,,al .Lica %1i tu
he i.-currin of a 'Cly nded
indebt,%,Uh,.e�z; of said Cit -v for the purpose and to 'Uh-L, amounto
sta-t,-1--,.d vvas au."),orized by t!ie af-0j.rYda,-jVM VG to
-rg,
-than twG-thirias of the vo11-,1-..c.-,, now., t"Jeref �Ij , :
The ?oard of Trust..ft-ras of the City of Bur"Ling"ame do ordain
as foljoL�jWS :
Y L 16V
Sect ion, I That ts-io loc nds, of tric i -L U
C t t c I a I.J. for n 1 a ,xill be is -sued in a6cordance with thO. -Ce;,u16t
Q f e 0 1a 1 0 0 t in said (43 i t on t he "'G- h a-,1, o f A �-,r
.) u U ; L
Itat,
e I n, -Lat-Li of the IS cf
U
31.'.L..< WP1 i�;., VV v - v
fornia anA the cj rd n zea. ri c e, 0 zz --11 11 t 0
4
V
L portaa L a t a, 21 o j
i -J
T 11 'RondNs -h a I I 7b v r'l y - 2 in number c f i'! e
We
A
tion of One Thousand (1000) Dollars each and shall be nw-.-ibcd
f I) to trvwienty—f ive 25) �, both in chis ive
consecutively ficoii'l one
-
and '�-hall be Payable. On4Vhe"oof onee Thousand 11000) Dollars � �O
C%
Year from the date of said bonds beginning with the lo-v�,est
IL;
number, and One Thousand (1000) Dollars thereof of the i'lext
hic-,heVnumber, of the same day in each succ=eeding year until all
.0
of Said bonds shall be paid.
All of the bonds issued as herein provided., shall be of
the form and oharactac known as They shall be datcd
May let, 1q13, shall bear interest at the rate. of -five (15) rrar
cantum per annum, payable serfii—annually on the first days of
May and November of each year until the maturity `U -hereof; and
t!L-.,e principal and interest thereof shall be payable in lawful
money of the, United StateO of Anaric;i, at t1le office of the
'Treasurer of said City.
Section 2. Said bonds shall be signed by the Executive
of said City ole' 12"urlingar,le,, being the President- of the 73oard of
M
1rustses, of said City, and by the Treasurer of said City; and
countorai�ned by the Clerk of said City,, and the scal of -said
City o'i'Lall be affired thexato,, '2i'aid bonds ohall be substantial ly
in the following
No *
UNITED STATES OF AMERICA
State of Cali-j"ornia
City of Burlingame.
For value received, the t"'ity of 'Durlingwi-,e,, a muni—
ipal co r - o rat ion cr L- -airted and e X" s + rt- under the laws of
x �LXA J, V L�
Uf I gat . I., ' •1, '1 +'y1 c.
A7,
n 0"%
00 A
One Thouo-ind (ii3-0C) Do1aars -,X t h int ereat thereon at
of five, i,:er centum 1.,ex a:.-nuiii payable seilli—annuallys 14tav lat
and 1',ove.-mber is t, on f;rcsentation and S,a:r ,.cdcr of the cou,n;011a
M
hereto at tached as thay relopectively becotile due, bc4V-!j-. pril-loipal,
7
-nd int, -rest being payable in Lawful ruoney of the United Stat -n-,
of America at th-1-3. of'. -fire of the Tjr%-kasu�cor of said
Thll.s 0ond is -d issued unldcr and purzuanju- to -'U-he
'laof Cali'crnia, and under land
i o- n and L; 4.; a t u 1, of the LOle J.
.L er, of caid City Clu-IlLy adc-ctcd
pui�3-6ant to cr,'inances, aL-.,d procee"lin A;' -
and, and a voto -and assent of more than two-tliirdo of all
t1le, qvalificd said City voting a a special al-eOcti-on
duly and legally called and held fox: that pur,-,-ooe,
It is ha2eby ;esti fried, recited and declared that, all
t 3
conditions and thingo zequired by law to exist, har.,,pan and
.L:
bl-11 perf or.,aed p2ecandent to a-Wd in the issuance of thi-S bond
hava existed., *happsned
and
been
perfor.,[-,ed
in dlue
thrie.,
form
and
manner as re"uired by
lLt,LV
t '0
and.
that the amount
of
this
bond
tc,,,,.. nor
.1 %d ' said amity does not exceed aliv "Uf,-tI* t
i,r�,ith all ot'1%cx indabtodneso o -.LL 40 L
t.,
said stato, and that
by the cc-,stitution or otatutoo of
P ovL,,,i%-*n nae boon made as required b-, luha% cc-.,1stitut;iiOn and
Ostatute.s of zaid mato for the collection of an wani;al tax suffi-
cient to pay the interest on this bond as it falls date, and Moo
provision to constituto a sinking fund for tile ruyment Of the
-rincipal of this bond on or before matu2il-Ay. Tlia f-al,1 faith alilx
o:em%wdit of" said V"ity are hereby pledged for the �,aay,:,! 4 e, n t -
of the principal and in-teroot- of this bond.
,i,d ^itv of Burlingaiie h xc c w,: o- a, d
5.1)is bcnd to be ea.xecut.a.d under its COrTl')orati, seal., signed by its
a -f the '3-ard of Trustees and Treasurer, and co-Lmtersi
Li -Ike, d
J
by 'Lv- "'Ierk; and has caused tie interest coul,,ons he -Leto a.0 ttaol
b
13 r d t o 1) P, d a -1.-) 30 d th zn1. 1c- d 1:)% z r 0 f n -:1 t 1 L
1 .01
Ccunt.,ersig-Ined,
F
C. TiTes Mid—ellf-b-T-flIF F-!(-)a—.rd7,
rity Clerk* A.
3
t4 T
L,ection 3. int0rast coui,_ons shall be att'jacli-le-od to saol.-,
bond to the nurvibax of the nur.ibc x of ycaxe s -,,-,ch bond wil"I
run tintil the iiia. ,,_irity and in the arfGunt of Twenty -fits e
Do-.1-lare, efacT-Ij whioh sum will be the amount due for interest on
such bond for soixmonths ; siich coupons shall be n—mbr-d from one
CA
u-vvLL.,,ds and each -,,h,7,,'A. 11state the nuriciber of the bond to -tvhich. it
is attached. Such coupons shall be Signed by the Treasurer of
said City, by his engraved or lithogral-hed signature, and be
Q 6 1
thel
, following form:
subs tant"I'a"lly in U L
FOR"'A OF COUPOTTO
t
725 - 00,, -
On 10 the City of
Durl.i.-rigame, Califorlr'iia will pay to the bearer at the offiCa of
J_ a "rr; -),:)urer of said City., Twenty-fiv oney
7 L ka I., _L o Dol lars in la1W+.0 Irl
of the Unitet-I States, being six mnnths interest -then Gn its
I`ty Hall Bond lated May Ist3, 1`71)13., 'T"Tumber
I.; I A -I
7 M 5711=7.1�0
* 0 0 0 * 0 0 0 * 0 0 0 0 a * 4 0 0
a
flection 4. For the 1_>urposc of Laying the -r,_,Ancikal and
X_
in te. re.s t of z; a it.1 --jr rid oQ J.LA
the Board of Truotn%Wes of the City of
-ball
at the tii-ins of fixing 'Uhe g -'neral tax levy.,
E-creral tax levy CA evo, and
j
o 1 t c,- I-, e f! n d artier -�.—vJ-10 f a'-
0 r rz -L� i"r
eary Q J tY Uarart fcrJA U
suf 'ic 1,t
itleet all suras b eco,14,ging d-.,). e f or the ri-ncipal rd interest crL
.L
said bonds a tax su.-f-17icient tothe annual or., s�iid
1, .
bonds,,
and
also
such
part
of
t1lie princ*Lj�al
thereof a.s shall
.a
be owe
41
before th,%,:3,
time
for
fixin- the
Z_.; U. A.
0 ` �, -
r, xt ,..rcral
%.� 4��
J -ax levy•
L ?
Said tax shall be in aadilf.-ion to all other taxes levied fo r
fix..nioipal r,ur-r,oses -And shall be co"Ilect,5d at the same t`f.,.ke and
'.' A 3 - k.W L %., 0 L '.0 Ii
ir. sage manner as other i-ccani.-Apal taxes are collected, and
as collZ!,.oted shall lta f'2'orth,,..v'Ith -Paid into the. fund for ,f;" ic' the
sane as 1 a v i e Ja 1. 1 e c Uad; that such fund !halbe JasiEnate'
"bond T n tv res t and Rsdemptfion ''and, 1913 " and all sums to becoe�ik..
%,-A'ue for prinoir�ai_ and interest or, said bonds shall be 1_,aid from
Such "und.
Section 5. The -t
of President he board of 'gyrus eves and
%0 L U
tille T:cea3urer carm.- haraby authorized and directed to fill in the
101cank e'.aces in accor.dance -vvith this ordina
�ce and to sim a! I
said bonds on behalf of said city,, C,,."nd the City is author.iZed
c o,,_A,n J5, a r 3 i 6 n t h e s a m e and t o a f -1.7 i x t h e VC i t y eat he -6 e t o
'.Uit"L bonds when 3o e x,,. ou, tm'.,d shall be by said officers icers a' 011. v 0. i:
to said for saf,-, keepin-, who sliniall 'ho'...d the Sairle" in hia
official custody until ordered by this 73oard -15c deliver them to
the -,curchasex o-,-- -)urchasso.rcsl thereof.
S
ao-tion
The Poa."d of Trustees shall ae�ll said bonds 6. L
J] and Jume
at such tii�ues and Lt�' such amounts as it ma -\r deteDrmine)
tu
,�rocecds arising any ouch Sa'a sha]" be placed in t- Tr -a i:y
to the credit of the "City Hall Fund". which fund is here -by
oreat,ed; and sl_,oh -rroceeds shall be used e.xcill,sively for that
�
,urrlose for tvhich sr of 1 bonds were i,* sued.
X,
Ir T'urphy, 0-lerk of the -J-1-y of Dur"'inigaifie, do
I ja kj L �J.I v L
hezaby c;rt ify that the- foregoing ordinance war', di.-Lly and re rly
rard of T-?'USt,4,%eS
atU
art adic-axred recnilar i..-eatinL of Ila 9
of -',aid Cit,on/at day cf May.1"A.
3, by tuh�^'.O
v 0
v I'd 6
-03 4.
T. J'. I rile
•
A P �
-5-
A-,pprcived thi day of 14ays 191"s
c'Ib EY 01 e, —c"al-ti W 1 - -667
f
of the City of Burlin�arne, Cal*
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