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HomeMy WebLinkAbout0241 Ordinance54 ORD I iT_ ii _�, IT 0 . 241 . ORDINANCE NO. 241. coin of eine United 61,11, eP America 1 1 t Present atnnd._ of weight and finenee,, AN ORDINANCE TO CONTRACT AN IN- the equlr."it, thrreof in Inwful m y f DEBTEDNESS ON BEHALF OF THE CITY value received, n. the fearth day of Augut OF YA9Cp AND UPON THE CREDIT A. D. 1934, without .ption .I prior redo.' THEREOF BY ISSUING THE NEGOTIABLE it-. with interest thereon in liko medium COUPON BONDS OF THE CITY IN THE the rate of 551 per centum per nnnum pa , AGGREGATE AMOUNT OF TWENTY able ,ami- n u lly an the fourth day of Fill BE _N THOUSAND FIVE HUNDRED DOL ruary and the ,fourth des f August to LAR ($27,500) FOR THE PURPOSE OF Year, upon pcement.tian and eurrendor of th FUNDINGA LIKE. AMOUNT OF THE bond and of the annexed co upons pa the VALID OUTSTANDING INDEBTEDNESS sC,r.Ily become due, both in,upon and prig OF THE CITY AND WITH WHICH TO Plp.l being Pnp.bee xt the fiscal:g.t ,a of i, TAEE UP AND CANCEL THE SAME, PRE- State of Wnshington In the City of NON Yuri SCRIBING THE FORM OF SAID BONDS i U. S. A. AND PROVIDING FOR THE LEVY OF A This bond Is issued by the City Council e TAX SUFFICIENT TO PAY THE INTERi-' the City of Peace for strictly municipal pull EST ON BITCH BONDS AS THE SAME AC- paaos, to -wit, for the purpose of taking u ORVES, AND AN ANNUAL SINKING sad enncelling, redeeming and paying a Ilk FUND TAX SUFFICIENT FOR THE PAY- nmd t of outstanding olid Intrebled va,, a MENT OF SAID BONDS AT MATURITY. the' City of Pesco, under the authority o Whereas, pursuant to Ordinance No. 234 end in full conformity with the co .Olt tim ,,Whereas, City of Pasco, adopted and approved. of the Slate of Washington, the prnvislo. the 19th day of May, 1914, a aper;.] election f Chapter 16 of Title XXXIII of Remingtol me held ie the said city on Tuesday, the 30th d Bellinger', Annotated Codes and Statute day of ,Tune, 1914, at which election there' of Ellington, and ell amendment¢ thereto .a submitted ton vote of the duly qunl;fied the provisions of Chapter 132 of the Seselo electors of the lily the question of validoling Lawe of the State of Wo.hlogton, 1913, n certain outstanding indebtedness of the city In pursuance of the qulsite ordinance o In the Count f twenty-four thousand tour said city duly adopted and made law, o hundred uforty dollars nod e;ghty-five cents said city prior to the issuance of this bond ($24,•140.85), together with accrued Interest and under the authority of the requisite a n the sr It num uv t the rate of eight per proving le of at, duly qualified elector, ot at (8y4) per n u I frothe date of the city fitting upon the question at a ,pe preseatatian of each rofm the warrants c m. clal lectin held in amid city on Tueeday, priming the said outstanding indebtedness to the thirtieth day o! dune, 1P14. And it Is the day of the date of the proposed funding hereby certified, recited and war anted that bmlds, •birl interest Imo nts to the sum of mil the requirement. of law haver been fully three l�tousnnd one hundred d eighty-eight complied will by the Proper oficer, in tin, dollars and fifty-two cents ($3,188.52) and Inline of tltI. bond, a11d that the totol debt issuing the funding bonds of the city with of the city, including that of thle bond, does which to take up and enrcel so ach of 'lid not a reed o., limit of indebtedness per Outstanding indibl wines. ne ,.aid be ratified a ri,.d by the constitution or laws of the at amid aP" .I election, and State Of Washington, and that provision has Wheren a, all of said o tetnnding indebted. been made for the levy nod c^Ilectivn of n rale6ed and validated at said elec- annual tax suficienl to Pay the Interest o tion, to -wit, warrants n unting to the a this band and also di�sc1Iy�rye the principal of twentyfourn thousands four hundred forty thereof when Ihe same' 4` F% due. dollars and eighty-five g cents21440.35 [ - The $ ebyl, , nil yo,1V of the Cyt • of gather the with interest it ofotesntd, aggregate.- - r hereby pledged for 411e'pmctuol pmyme.t t tel .mount of twenty-sereu thou- of the principal of end Interest on thea fiend. and I. hundred twenty-nine doilnr, and ' InCitestimony whereof, the City Connell of thirty-seven cents ($27,629.37), .nd ret .nidi the IF of Peace has caused the, hand (o be election funding bond, were authorized for signed by the Mayor of the said Itty, coaster the purpose of taking up and cancelling the signed by the City Treasurer, and attested by indebtedness mo ratified, and the Clerk thereof, under the seal of the city, 6Vh,rens, the result of said special election as of the fourth day of Auguet, 1914. oP.Tune 30, 1914, at which the question shore .._ ......................... _............ ,riled was submitted, has been heratofoie Mayor.. 'by rnaolu tion of the city c° Heil of said City Cnuntereigned: u of Pasco, duly electoral, more than three- ................ .... fifth. of the voters o[ the •sty vot,ng at s 'd CILy Tr ... urer. n election having declared their assent to the Attest: ratification and solid -tion of said indebted- I.............................._.................................. neas and the i sue of such funding bands, City Clerk. w therefore, . (FORM OF COUPON.) no of Paseo do The sty council o/ the City No .................. ordain ns follows: On the !north day of (August, February), San 1. Thal for the purpose of taking, A. D. 18......, line City of Pesco, i the. Cbunty up and enne (ling, rrdeenling and paying car- of Franklin and State f Wvshiogton, will tain outstanding valid i debtedre of the pay to bearer Thirteen Dollars and 9aventy City of Paseo, the City of Pasco shall issue Five Cents in gold coin of the United States, the negotiable coupon bond. thereof In the Or the equivalent thereof in lawful m. me aggregate amount of twenty -&even thousand the. fisesI agency f the State of Washin}gton Eve hundred dollar. ($27,500) consisting ofin the City of NOV York, U. S. A., being six fifty -A'. (66) hoods In the_ daiomta.tiap at menthe interest on Pasco Municipal Coupon bye hundred dollars ($5001 each, numbetrd Funding Bond,, series of August 4111, 191.1. from one ll) upward., consecu[rye:y, bearen NO. - date the fourth day of Angell, 1914, an (Fac SimileSignature), abaci tely due and payable twenty (20) Sear! City Treasurer. from nal after their de,.. without option CITY TREASURER'S REGISTRATION prior redemption and bearing interest at III. CERTIFICATE. rale of 5y per rent.. perInn m, pnyabl It ie hereby certified by the undersigned, unn lly ° the fourth day of F1lrunry the duly sleeted, qualified and acting Trans .ad the raurth day of August, en each yea re of the City f Pasco. Washington, that with interest coupons thereto .0., fid r i Ihe+within bond has been registered en the dencing maid . mi-nnnuel interest and the ally bond register kept for much purpose, in principal and interest it be puynble 'It n".,db.PP with the provisions of Sellion the fiscal agency of ties State of Wnshingtnq 5116 of Remington & Ballinger'. Annotated in the City of New York. Said bonds shall Codes and Statute@ of Washington. be signed by the Mayor, b.ntb,.igb,d by Ihe Williams my oMciat signature this ............... Ci ly Treasurer, and .,tested by the Cit ds of ............................................ A Y D. 1814. Clerk of Ihe City of Pnsc., and the Clem. shall M. theret. hl.s .11i coal seal. Thr -���---���-����-�������-��-�--�����City Treasurer. P. attached ne I aid deed• aall eh vi encing Section 3. That aaid bonds, hen e.e- am ruled shall be registered by the City Trea . ,hall be execute) 'n behalf -of the city by tllu tare, in the city bond register kept for uch Pngrnved in' a mile signature f the City purpose, which register all. 11 show this bond Trv...rer and rased co pone when a e, the number of each bond, da to of is anted shall be the valid obligation- of 'the eunnre, amount• date f maturity, n and .aid city for the payment of the Interest ore po,t.fice address of the purchaser, and 'when said bonds vs the same may accrue. In what- each bond has bee. 6nnlly Paid and cancelled• ineve, hands said interest coupon. by come, the date of much cancellation: Had when so The City Clerk is hereby authorized and dl regimtered, said bond. shall be delivered to .c Led to effect.. to the provisions of this or- the purchaser thereof and the proceeds of dinnnce with respect to the preparation ut the en]e of eh bond. shall be used ex .aid bond.. elusively for the purpose o[ retiring nil c m Section 2. Said bead. and the caupo olicelltrg the valid ouzm.dI.g inlebtedve„ for there', attached short be in eubstnntially thrill, °nn°,Nati°n end retire..., of which the fallowing form: Londe in thio eerie. areissued; but the pur UNITED STATES OF AMERICA. chaser of .aid bond. shall en n° me ner be State of Washington. County of Franklin. responsible for the application or disposal CITY OF PASCO, rby u said City or any of its officers, of any No..._...._.......... $500, foods derived from the male of said bonds: PA6CG MUNICIPAL COUPON F'UNDINO provided, however, (hut in compli.hing the BOND. cs'collation and retirement aof.the indebted - Series of August 4, 1914. no's to be funded by mane of the bond, of The City of Pasco' in the County of Frank this iaeue the bonds of this ear em hell be and Stat of Washington, ton hereb .eke and mai Indebtedne.. cancelled dallnr Zein e g Y pwi issu d d edge, Itself to be Indebted and promise to for -dollar, by such procedure that the Inde' pay to bearer five hundred dollars in gold edne,e of .the City shall not be increar thereby._ =:tFSe�H: m Sectlon 4. That the interest tailing due r on sold bond, nn February 4, 1915, and Au - ,r gust 4, 1915 ,hall be paid out of the general Ir I revenue fund of the cit nod tar fine purpose n of reimbursing eaid general rere ue .ad for �t said installment of interest and to meet the interest nring on said bonds on February � 4, 1916, md August 4, 1016, there ,remit be h� levied in the year 1915, nn all the taxable ml property in said city, in addition to all other y taxes, a direct annual in, suglciem to pro duce the nam of ThreeTlruueend and 'Twenty e Five Dollar. ($3,025) that in +der to raise the ners my fund. with which to pay the interestdue Fchrunry 4, 1917, cad thero- f after, up to and Including August 4, 1924, promptly ^od a. the ..me accrues, there shall 1 be levied a all the te.nhlo property en said city, in addition to 11 other taxes, . direr' Incani lax in each of the years 1916 to 1923 lusive, a. fllows: A to. snmcirnt to pro- does the num of One Thousand Five Hm- deed Twelve Dollars and Fifty Cents ($1,512.50) in each year for the purpose of paying the interest o said bond.: and i the year 1924, and annually thereafter, up to ..it including ties year 1933, there shell be 'levied on said property, a direct an mai tax In addition to all other taxes, uficient 1. produce the sum of Four Thousand Two Hum lived Sixty -Two Dollars and Fifty -Cent, ($4,262.50) for the purpose of paying two I stallments of amid interest uud to produce the ...I of Two Thousand seven Hundred Fifty Dollar. ($2,750) in each year to pny ono -tenth of the principal of xnid hand, i a rh oP the ten year. from 1925 to 1934, in lu.ive: and e.Id taxes when collected, ahnII be applied solely to the purpose of payment of the said Interest and the principal of said ' bands r-epectiveey, ad for n Other purpose whatsoever, untll the Indebtedness s on. tr.eted under thla ordinance, both principal nil Intoreat, holt have been fully paid, all.. fled and dl.ebmrged, but nothing herein a... talizd shall bo to construed as to preTent: I .id rite from applying :Ins otter Iv oda: Iba may be in the city treasury and aveilnble tier that purpose to the payment of said in crest Or principal, as he7a.O respectively mature and the levy- or Iories hereon a rided for m thereupon Ill t11n1 stent be ddem inixbed' and uor pon Illepont11e poymlet If the prinripnl of any b.eda issued hereunder in said man r by the us, of the sicking fund herein provided for, tbei'levy or levies hm•ein pro. vided for the payment of in toast may to the extent of (he in tercet .n Ihe bond. pail be diminished. And the soma hereinbef,re provided for to cIeet the est Interon s id bond. uad to It.. harge the principal the•cof when tine, o hereby appropriated for that purpose, and said amount far en'-'Itvrr shelf also be in - cludedin Ihe mnunl • nppr.printion bills p...ad by t city Canticle Of .old city ;II each year respectively. Section 5. It shall be the duty of the City Council of said City annually, at the time and in the manner provided by law for levying other city in"$' if such action be a. ..,pry to ellecluote the provisi.aR f this ordinnnce, to ratify and carry at the pro- v]slona hereof with rater.... to the levying and collection of taxes; nod shale require the IMoore of and for said City to levy, extend .oil ..treat en •h tax., In the Inn r pro- vided by low for the purpose of creating n fund for the payment of the principal of said honde and such tax ex, when eolleeted, shpll be kept far nmd cPPlied only in Cho payatenl of the In rere.[ and no 11, of the xnid bonds . Ilmreigbefore specitled. n 6metTo.G. All ordipances, hy.l.we and regulation. of the pity of Pnsno, 10 conflict with this ordloance tare hereby repealed, Section 7, This ordinnncn all.,, be and nal. IrrepseTable bill sold bond. and the Interest thereon shall ]love been fully Job Id, mailsfiod and discharged as noretn provided. -action 8. Thla ordinnnce, or It. pass- age and approve) shall be recorded in thI City book of o 11inle-it. be ^uthentic^t°d by the signatures of the Mayor and Clerk, n e, ,hall be publislmd to the Peace Express, the .ficial newspaper of the City of Pasco, being a newspaper published In .old city, and shall take affect and be in force Immediately after much publication. Adoptedand approved the, 5th day of August, 1914. GEO. W. ZENT, Mayor. Attest: C. A. BROXSON, City Clock. published Apgnxt 7, 1914. I. C. A. Broxson, the undersigned, duly elected, qualified, and acting City Clerk do hereby; certify ti -at the above and foregotng is a full, true and correct copy of the original Ordinance as passed and approved by the City Council and i2ublished in the official news paper of the City of casco on above dates. Gived under my Land and official seal this 10th day of August. City Cle 112. ORDIDL1I10E PTO. 241. '"RI b"J"b nt Iler.of in Inwful m nay for o1 eimbursing Haid general revenue fund for ORDINANl7E N0. 941. alae rerelved, on thO fourth Jay of Auguet, 'snit installment o1 Interest and to meat for AN ORDINANCE TO CONTRACT AN IN A. D. 1894, without option of prior demp- Intoreat a.eruing on amid bond. on February DEBTEDNESS ON BEHALF OF THE, CITY tion with Interest thereon In like medium at d, 1810, and August 4, 1910, there eh.11 be OF PASCO AND UPON THE CREDIT the rale of 53h per centum per neo I P -y- levi^d in file 11-1 1015, on all the Taxable n ert III a n h fourth ileo n( Feb- PrP Hid cit THEREOF BY DSOFISSUING THE NEGOTIABLE able a d uoo i the Y y, in addition to all other COUPON BONDS OF THE CITY IN THE runry upon ¢the fourth day oil Auguet iv each tesla, a direct nal IIx ,in-j'at to Prn- AOGREGA'1'E AMOUNT OF TWENTY Year, upon preeentnlion end surrender of thio duce the cum of Three 'rho uen nJ and Tweet rl SEVEN T}TOUSAND FIVE HUNDRED DOL- bond Had of the annexed coupon. n. they Feve Dollar. ($3,025) that in der to rn se LARS ($$7,500) FOR THE PURPOSE OF evrrnlly become due, both interest and prim the necessary (ends with which to pay Ihe. FUNDING A LIKE AMOUNT OF THE viral being payable at the 6...1 ageev of tie' afteritte, due F1hrmry 4, 1917, and there - VALID OUTSTANDING INDEBTED $tale of w.oh lnetnn in the pity of New 7f6tk, up to .nil including Aug' 4, 192 t. OF THE C'I'TY AND WITH WHICH TO 9 A• . -- Promptly and a. the care° mecrnee, them ,boll TAKE UP AND CANCEL THE SAME, PRE- '1'hix bund in ).anvil by the City Connell of bo levied n all the taxable property In amid SCRIBING THE FORM OF SAID BONDS Ihe C'ilr of Peace for sllwlly municipal par city, in addition to all other taxes, a direct' AND PROVIDING FOR THE LEVY OF A Doses, ire n•i,, for the purpose of taking np i Hunt tea In ch of the years 1010 to 1020 TAX SUFFICIENT TO PAY THE INTER. and cancelling, redeeming and paying u like Inclusive, . fnllew,: A tax ..M Joel to pre - EST ON SUCH BONDS A9 THE SAME AC- amount of ou tstending valid iad'eblednene of duce the cum of One Thousand Five Idan- GRUES, AND AN ANNUAL SINKING 1110 City of Peace. under IIIc nuth.ri(y of Bred Twelve Dollars year nil Fifty senLf FI1ND TAA SUFFICIENT FOR THE PAY- 111'J in hall conformity wills Ihe c IlM iluliro ($1,512.50) in each year Pnr the purpose of MF.NT OF SAID BONDS AT MATURITY. of Ihe SI -to of Weabiugt°u, I.hr provisione pa Ying the interest o said bovde; and in Whereas, pursuant to Ordi...or No. 234 of Chapter 10 Of'1'ille XXXIH of Its Ingluu the yPar 1924, and nnnn,lly thereafter, up to f the C, IF of Peace, adopted and approved & plant all, a AnuoLnted Code. gad Statute, ^rl 'n,luding the year 1933, there shell be The 19th day of Mmy. 1914, epe'let elect in of Washington, d all amendment. thereto, levied nn said property, . direct nnnuel Cas was held in the amid city on Tuesday, the Doth the provision. of Chapter 152 of the S ... !.I In addition In all other tares, mu 9letaut to day of dune, 1014, at which election that, Lawe of the Btnte o[ Washington, 1913, call it Jure the um of Fear Thousand Two Hem submitted t° n vote of Ihe duly qu.lified In pursinnue of the requisite ordinnnce of dred Sixty-Tlen Dollar. and Fifty Cent. aleetora of the city the question of.validst.l.g xnid city duly ndepend and m do lows of ($'1.262.50) for Lbs purpose of payingtwo certain outstanding Indebtedness of the city said city prior to the fisumnee of this bond, Inetalllnont. f said interest and to Produce cad under the authority of the requisite the elm o[ Two Thousand Pe n Hundred In the amount f twee Ly -four thousand (our art hundred forty dollars and eigh[yflve cents P11ev Ing v`tliof the duly qualified elector, n( Pi [ty lDollern ($2,750) in cacti year to pay ($24,440.85), together with accrued interest city voting upon the question t a pe ne,tenth mf the principal of -aid nbond. in el -I election hold i said It n Tineday, en rh o[ the ten years from 1825 to 1934, hi"' n the aid sure at the rate rof eight per the thirtieth Je o[ Sure, 1914 And it a clunive: d sai4tnxee when collected, shall an (0%) sure um from the dale of Y presentation of carbo of the w ante c hereby eertifted, recited and w noted lhnL be applied solely to the pnrpnal, of payment priming the said out, and be indebtednemeo to Ill the requirement. at Inw inn v.r been folly ^P the Paid interest and the principal of meid the day of the date of the proposed funding c.mpBed with by the proper onto.. in tin, honde reapectivelr, ad for no other purple,. honde, which interest .mounts to th, num of I of this bond, Had that the total debt whatsoever, until the indebtedness a three thousand one hundred and eighty eight'', ^fNthe city. including treat of title bond, does tracked under this ordinance, both principal dollars and fifty-tw•o. rents ($3,188.52) and Ilot a reed nay limit of indebtedness pre and int rest, shall have been fully paid, milli. is,ui,g the funding bonds of the city with scribed by the constitution or ].we Of lbs fled and dischnrg.d, but nothing herein .an - wbicl, to take up end Ponce] so much of s.id Stat. of Washington, and that provision has emitted nhnll be s I ... erred as to prevent I. extending indebtedness o should be ratified been male for the levy and collection of , eaid city from applying any other funds trial ut P.id aped.] election, nod nnnual tax suficient to pay the interemt on may be in the city treasury and evl"l1`l, fo; R'Ilerens. III f said o l.tnnding indebted. Illi, band and oleo dIIehnrge the principal that Purpose to the payment of .aid interest ratified and v,Iid.t,d at ,aid ,lee. thereof when the same beenme due. or principal, as the ,.m re.prairely renlele tion, to wit, w ante n unting to the num Tho faith and credit of the City of Peace and the levy or levies herein provided for of twenty four®thousand. four hundred forty nP hereby pledged fathe punctual puyme,t may th 'reopen to that extent be diminished dollar, and eighty live cents ($24,440.85), to- If the principal of end interest nn this bond, and pen the payment of the principal .f any In testimony whereof, the City Connril f of the bond, las. ed hereunder fm aid m lis, with interest es aforeeeid, Iggregnting Ihe City n! Paem hen reseed this bond to be ner, or by the use of the sinking fund herein Il the total nm unt of twenty-seven than- 8 nil six hundred twenty-nine dollars end "Igned by the Mny.r o[ the ;aid city, coo Ler P*nvided for, the levy or levies herein pro thirty-seven cents ($27,029.1) ), and at eaid "igneit by the City Trenaurer, and attested by aided for the payment of en terest may to Ihe election funding bond. w authorized tar the Clerk thereof, nndor Lila seal of the city, extent of the interest on the bonds an pntd were os .f the fourth day of August, 1914. be diminished. the purpose of taking up and covicelling the �r"' And the Rome hereinbefore provided for to indebtedneee ea ratified, and ..................._................................ -... ......... ' Provi \1'herens, the result f said special election Mayor. meet the interest an erred honde and to die ° Countersigned: cborya the principal thernnf of .tune 30, 1914, at which the question above when due, are submitted, hes been heretofore.-�-.- -�- )'e*eby' appropriated for that purpose, and rerifed was --"-"""'"""'""`"-""'-"-""""""" said amnient for each I" solution of the city conceit of said City City Treasurer. year shall els- be in re c u Attest: eluded in the nnnuel appropriation hills °( Pasco, duly de of more then three- passed by the Cily Council of -aid city in fiflba of the voter. oP the Pity voting at said "'--"""""'-""""-"""""-"'-""""'-"-""'-"'- election having declared their ...Out to the City Clerk. each veer respectively. FORM OF II N a ( CO YO .) Section 5. It. ,hall be the duty of the ratification end "a or oP enid indebted. Nv said City annually, a d the i sue of sucfi funding bands, - On the foartb day .f (August, February), tjute Council m at Ibr h Y vide I wno" t e" co s d t law for no The city council of the City o1 Pesco do 1. D. Franklin the City of of W in the. Ceunty' levying other rityarinxeRPlif anrh neli.n be ,f Franklin and State f We sit will ordain as follows: eres,nce in eratifyte the pry of t (ie this Section 1. That for the purpose of taking any to bearer Thirteen of the and Seventy ordinnnce, to +nilly and Pnr • out the Pm. up and cancelling, redeeming and paying c Flvt Gr t.et in gold .cin .f the United States, sad 1- hereof with ,.: and h1.al the levying III outetend,.g valid indebtedness of the ar the equivalent thereof t lawful money, .( and rnllretien of taxes; d mtoyrequire. the 'he III at agency w the Slate of ., beim glen elft rere of and for nn id Cit to levy, a. exlald City of Peace, the City ea Peace -hall i" e t the City of NeW Yark, U. S. A., bring six Ind collect such faxes in City m alta onlmlu coupon bonds thereat in the .nths interest on Pe@ce Municipal Coupon vided by )a,v for the r pro^ ggregate amount f twenty -se Ce. thousand Pnnding Bonds, eenee of Auguet 4th, 1011. fund Por Ihe payment of principal of said ating ve hundred dollars ($27,500) o.ai,ting f Pe 0ftr It 155) bond, en the deneminnLine of N0""""'"""" bond, and curb taxes. when collected. shall ave hundred donors ($500) each, numbered (F¢c 9imlle Signature), bI kept for Had applied rely to the paymen' from one (1) up'orrda consecutively, bearing City Treasurer. of the interest and Principal of file enid bard. date the fourth dud of An CITY TREASURER'S REGISTRATION . hereinbefore fled. gust, 1914, and CERTIFICATE. ° Section 6. All ordinances, bylaw. rend absolutely due and payable twenty (20) years It I. hereby certified by the undersigned, regulntlone of the City of Pasrn, in onfiict from and otter then data. g tube optilt of e the duly elected, qua]t0ed end acting Tres with this ordinance are hereby repealed. rateprior of 51'14 Ation per ceodtum bearing n lereat t the ner of the City ! Pasco, Washington, the' Section 1. Thin nr1irar,P aha'] be and - Y" per n num, Poyable Ihe ithin bond he; been registered In the r rrepealnble until ootid b,nds and the nnuelly the fourth day of eFebnuary city bond register kept for much purpose, In Interest l thereon shall have been fully paid, Rod larml the fourth -pons of August, I. vch v accord..., with the provielons of Section en timfied and It ae nrreln provided. with interest c poop ual int attached oar 5118 of Remington & Bnllinger's Annotated I Section S. The. Ordinance, after its pass vi dancing el me annual interest d the padee and Statutes of Washington. age and-PProval shall be ... rded in the prinripnl and interest .boll he puynble u[ Witness my Ofielsl elgneture this ............... City book of ordinance., be authenticated by the flscei agency of the Stet, at Washington day of ............................................. A. D. 1014. Ihe signatures of the Mayor and Clerk, ..1.in Ihe City of New York. Said bands shall,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,„,,,,,,,,,,,,,,,,,,,,,,,,,,,,, shall be published in the Pasco Express, the be signed su the and e.tad raignel by the CYtY Treasurer. official newspaper of the City of Peace, being City Treasurer, d ttsfed Dv the City Section 3. That eaid bands, when axe- s newspaper published in said city, and shall Clerk of the Cit of Pasco, see eat. the Clerk ruled shall he rebond re by the pt f Team, such lake effect and be in force immediately nP(cr shall ,fix [hereto his official seal. The cou. r in the city band register kept far uch anrh pone attached to said bonds and evidenet.g put g publication. It Interest thereon .a the some shall accrue purpose, which register shell show thla bond Adopted and approved this 18th day of +hall to executed is behalf of the city bythese,fos, the number of ncb hand, date of is August, SB14. rngrnred tar simile signature f line City u... c ..... h data of mstarlty, name and CEO. W. ZF,NT, Mayor. Trrneurer and is leaid ca pone when a xe- Po,tofi,e address of the purch^mer, avd when All eat: -.led .boli be the valid obligations of'Ibe each bond has bee, finally paid sad cancelled, C. A. BROXsoN, City Clerk. mid cit • for fire a •meat of fin the data of much concollmgon; and when s Published Auguet 21, 1914. raid bond. as the x.me may nthe iIter,.t .. registered, sold bond. shell he del voted to - _ e hands Raid interea[ coupons r.m what - yl the purchn@er thareoP Ind the procaeda or mevThr City Clerk is hereby authorized and d di- tble vele f each bands shret he seed oa. n, iected to effectuate the Iuslveiy for the purpose of retiring and c provision. of thio or celling the valid outstanding Indebtedness for ,aid be e with respect to the prepare ton of the tie-Il.d.le and retirement of which the laid Gonda. bnnda le this earl,, are i awed: but the par Section 2. Said bonds and the coupon. rhn.er of '.ld bonds Rhall en an brrtet b, hereto attached eIt.lI by in nuba[antiolly the re.ponsible for Cho application or ndisposal 'allowing far.: by xaid City any of Its offteere, of y UNITED STATES OF AMERICA. funds derived or the sale of a Id If by Mote of Washington. County of Franklin. provided, however• that in accomplishing [he CITY OF PASCO. vancellation and retirement of the indebted ?ASCO MIINICRPAL COUPON FUNDING- ° .............. $NG Ores to be [uvtied by means of the bond. of . this ie a IIIc honde of this eerles hall be BOND. issued and eaid indebtedness cancelled dollar Series of August 4, 1914. for dollar, by such procedure that the indebt The City- of Pasco, in the Couety o[ Fravk- rdneme of Ibe City ,bull not be in-O.mPd and State of Washington, hereby ook.owi- (the rey P".. _rdgca itself to be iedebted .nil prom(eee to Section 4. That the interest falling due pay to bearer Eve hundred dallnr, ill gold o enid bond, or February 4, 1915, nail An of the United Slates of America oP the gust 4, 1915, slmll be Paid out of the general ,'resent standard of weight end fineness, a revenue fund of the city and for the purpose U'IT'f C -i, 'E HL . I C. A. Broxsol:k, the duly elected, qualified, and acting City Clerk of the City Of Pa -co, do hereby certify that the above and foregoin.” Ordinance id a full true and correct copy of the original Ordinate as was repassed re aproved and republished as shorlrn on above dated, at--�ched to Ordinance, Given under my hand and official seal this '.2nd d. .:r of August, 1914. C