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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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� 13 <br /> Year Amount of Tax Levied Sufficient to <br /> Produce the Sum of• <br /> 1980 $786,000 for interest and principal; <br /> 1981 $754,500 foY interest and principal; <br /> 1982 $723,000 for interest and prin cipal; <br /> 1983 $766,500 for interest and principal; <br /> 1984 $729,750 for interest and principal; <br /> 1985 $718,000 for interest and principal; <br /> 1986 $729,500 for interest anci principal; <br /> 1987 $687,500 for interest and principal; <br /> 1988 $695,500 for interest and principal. <br /> In the event proceeds of taxes hereby levied are not avail- <br /> able in time to meet arry payments of principal of and interest upon <br /> said bonds, then the fiscal officers of said City are hereby directed <br /> to make such payments fxom any cuxrent funds of the City that are <br /> available for that puzpose in advancement of the collection of said I <br /> taxes herein levied and vdien the proceeds og such taxes herein levied I <br /> are received, such funds shall be re imbursed, all to the end that the � <br /> credit of the City may be preserved by th e prompt payment of the prin- <br /> cipaZ of and intere st on the bonds herein authorized as the same become <br /> due. <br />
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