My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
5595 PROVIDING FOR ACQUIRING PROPERTY NECESSARY OR APPROPRIATE FOR THE OPERATION OF A PUBLIC UTILITY FOR THE TRANSPORTATION OF PERSONS
COD
>
City Clerk
>
ORDINANCES
>
1971
>
5595 PROVIDING FOR ACQUIRING PROPERTY NECESSARY OR APPROPRIATE FOR THE OPERATION OF A PUBLIC UTILITY FOR THE TRANSPORTATION OF PERSONS
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
10/24/2016 8:24:59 AM
Creation date
10/24/2016 8:24:58 AM
Metadata
Fields
Template:
Resolution/Ordinance
Res Ord Num
5595
Res Ord Title
PROVIDING FOR ACQUIRING PROPERTY NECESSARY OR APPROPRIATE FOR THE OPERATIONS OF A PUBLIC UTILITY FOR THE TRANSPORTATION OF PERSONS WITHIN THE CORPORATE LIMITS OF THE CITY OF DECATUR...
Approved Date
10/12/1971
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
14
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
�� �, ' . ; . � ,... . .. ...W...�.. . . .,_.._.,_. . .�...-..�,..;.�� ' . _„....q..,�. <br /> � . �. ' ,. ,. :'., , _ _ . . <br /> and necessary or appropriate for� the operation of a public util3ty <br /> for the transportation of persons, as above described, and the <br /> Council of the City of Decatur does hereby find and determine that <br /> it is for the best interests of the inhabitants of �,id City that <br /> money be borrowed by the Git� of Decatur �for �he purpose of paying <br /> the cost of acquiring property necessary or appropriate for the <br /> operation of a public utility for the transportation of persons <br /> within the corporate limits of said City and that bonds of the City <br /> be issued in evidence thereof: <br /> NOW• THEREFORE, Be It Ordained by the Coun.cil of the Cit3� <br /> of Decatur, Macon County, Illinois, as follows : <br /> Section 1 . That it is hereby found and determined to <br /> , � . <br /> be necessary, advisable and for the best interests of the inhabi- <br /> tants of the City of Decatur, Macon Coun�y, Illinois, that certain <br /> property referred to and described in the preambles hereof be ac- <br /> quired by said City for the operation of a public utility for the <br /> transportation of pe�sons within the corporate limits of said City <br /> of Decatur and that for the purpose of paying the cost thereof, <br /> money be borrowed by said City and in evidence thereof negotiable <br /> coupon bonds of said City be issued. <br /> Section 2. That in order to raise the sum oi' $250,000 <br /> needed for the purpose of paying the cost of acqL�iring property � <br /> necessary or apprapriate for the operation of a publi,c utility for <br /> the transportation of persons with3n tYie corporate limits of the <br /> City of Dec�,tur, Illinois, there be borrowed by, for and on behalf <br /> � of the City of Decatur, Macon County, Illinois, the sum of $250,000 <br /> and to evidence said loan, negotiable coupon bonds of said City be <br /> issued . Said bonds shall be designated "Decatur Transit System <br /> Bond, " be dated December 1, 1971, be fifty (50) in number, numbered <br /> consecutively from 1 to 50, inclusive, be of the denomina�;ion of <br /> $5,000 each and mature seri�.11y on January 1 of each of the years <br /> and in the amounts as follows : <br /> _�._ <br />
The URL can be used to link to this page
Your browser does not support the video tag.