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6094 PROVIDING FOR BORROWING MONEY AND AUTHORIZING THE ISSUANCE OF $6,400,000 SURFACE WATER DRAINAGE SYSTEM BONDS, SERIES OF 1975
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6094 PROVIDING FOR BORROWING MONEY AND AUTHORIZING THE ISSUANCE OF $6,400,000 SURFACE WATER DRAINAGE SYSTEM BONDS, SERIES OF 1975
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Last modified
10/10/2016 4:35:12 PM
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10/10/2016 4:35:11 PM
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Resolution/Ordinance
Res Ord Num
6094
Res Ord Title
PROVIDING FOR BORROWING MONEY AND AUTHORIZING THE ISSUANCE OF $6,400,000 SURFACE WATER DRAINAGE SYSTEM BONDS, SERIES OF 1975...
Approved Date
6/23/1975
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� io <br /> duly enacted oYdinances of th� O�uncil of the City of Decatur; and <br /> that the indebtedaes� of said City of Decatur, r�presented by this <br /> bond and the issue of which it fortas a part, and includi.ng all other <br /> indebtec�ess of said City, howsoever evidenced aad incurred, dces not <br /> e�aceed any con stitutional or statutory limitation arrd that provision <br /> has been made for the collectio� of a direct annual tax, in addition <br /> to all other taxes, upon all the taaable property in said Citq suffi- <br /> cient to pay the interest hereon as the sa� falls due and a lso to pay <br /> and discharge the principal hereof at maturity. <br /> The bon d is subject to registration as to principal in the <br /> name of the hclder on the books of the City Treasu,rer of the City of <br /> Decatar, such registration to be evidenced by aotation of said Trea- <br /> surer on the back hereof, and after such registration no transfer hereof, <br /> e�ocept upon such books and similarly nc�ted hereon shall be valid unless <br /> the last registration shall have been to bearer. Registration hereof <br /> shall aot affect the negotiability of the interest coupons hereto at- <br /> tached which shall a�ntinue ta bs negotiable by deliverq merely, not- <br /> withstanding registration hereot'. <br /> IN WITI�SS WHER�, the City of Decatur, by its Council, has <br /> caused this bond to be signed by its Mayor, sealed with its cospo�ate <br />
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