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5390 PROVIDING FOR BORROWING MONEY AND ISSUING BONDS OF THE CITY OF DECATUR, TO THE AMOUNT OF $2,600,000
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5390 PROVIDING FOR BORROWING MONEY AND ISSUING BONDS OF THE CITY OF DECATUR, TO THE AMOUNT OF $2,600,000
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Last modified
10/25/2016 1:15:45 PM
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10/25/2016 1:15:44 PM
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Resolution/Ordinance
Res Ord Num
5390
Res Ord Title
PROVIDING FOR BORROWING MONEY AND ISSUING BONDS OF THE CITY OF DECATUR, TO THE AMOUNT OF $2,600,000 FOR THE PURPOSE OF PAYING THE COST OF IMPROVING AND EXTENDING THE EXISTING SYSTEM OF SURFACE WATER DRAINS
Approved Date
11/23/1970
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� � ' • . . <br /> for interest due that day on its Surface Water Drainage SysteM Bond, <br /> dated December 1, 1970, Number . <br /> , � <br /> �:"�,�,L.�--� � . <br /> ayor <br /> Attest o <br /> Ci y lerk - <br /> (Form of Registration as to Principal) <br /> Date of Signature of <br /> Registration Name of Registered Owner City Treasurer <br /> Section �. That for the purpose of providing the funds <br /> required to pay the interest on said bonds promptly when and as the <br /> same falls du�, and to pay and discharge the principal thereof at <br /> maturity, there be and there is hereby levied upon all the taxable <br /> property within said City, in each year while any of said bonds are <br /> outstanding, a direct annua,l tax sufficient for that purpose, and <br />' that there be an�. there is hereby levied on all of the taxable prop- <br /> erty in said City, in addition to all other taxes, the following <br /> direct annua.l tax for each of the years and in the amount for each <br /> of said years as followse <br /> A direct annual tax sufficient <br /> For the Year to produce the sum ofa <br /> 1970 $210,904.17 for interest and principal <br /> maturing up to and including January 1, <br /> 19729 <br /> 1971 $222,�50.00 for interest and principal9 <br /> 1972 $218,�50.00 for interest and principal9 <br /> 1973 $21�+,�-50.00 for interest and principal9 <br /> 197�- $235,�50.00 for interest and principal; <br /> 1975 $_23���-50.00 for interest and principal; <br /> 1976 $225,�-50.00 for interest and principal9 <br /> 1977 $ 2�F5,�-50.00 for interest and principal; <br /> -7- <br />
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