HomeMy WebLinkAboutO-0306 - Amending Ord. 305, Town Hall Bonds17 "
shall be dated Janu ary 1,1957,and shall be in denominati ons
said bonds
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ORDINANCE NO.506.....•",-,',,..,._-,:-.'.,•....,-........•...'".
That the Mayor and Town Clerk of the Town of
That Section 1 of ordinance No.505 of the
That an emer/;terlCY
s'ecti,on 1t
Section lt
Hall Bond Interest Fun~No.1.
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Marysville be and they are hereby authorized and directed to
issue general obligation bonds of said Town of MarySVille,in
the SUIl\Colf Twenty Thous:and Dollars ($20,000.00),bearing intere,st
at the rate of not over five per cent.(5%)per ,annum,payable
Town of MarySVille be amended to read as follows.
annually frolll date until matured,evidenced by interest coupons,
payable within the period of tWenty (20)ye,~~sfromdate;each
of One Hundred,Dollars ($100.00)each OJ;'any Il\ultiple thereof,
not lesl.'!than One Hundred Dollars ($100.00)and not mare tJallJl
One T,housand Dollars ($1000.00),and shall be payable seria1,ly
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aectio~2:
ordinance shall
levie!!!for th,e payment of sal·d bonds,and l'nterest,an,',<l sha,ll bear
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of interest,not to exceed 5%per ann'll!!paya''Qle annually,
3 .i\,n ordinance amending Ordinance No.505,and particUlarly
Section 1 thereof of the Town of MarySVille in so far as said
section refers to the is~ance of New 'fQwn Hall:Elon<ls,dates,
ma,turj,ties,principal.,interest and levie$1"or payment of same,
5 II and other prOVisions therein.
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21",begi~ng the second year after tpe <late of issue in such amount
22 II '"
(as nearly as practical)as win be met witl1l.eq1;tal anm~al tax
6 II The Town Counei 1 of'the 'fown Of MarysviUe Does Ordain.
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!!730
Attest:
3211 ./17-.'P~
G.\YARNOCKII'"'!owri C1erW
L.'\WYER .:','::::•.':::.::;:''",',,',,',",
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RED.691
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