HomeMy WebLinkAboutOrdinance 00- 206 Provides for Submission to Voters Issue of Bonds for City Hall
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AnordiJ~rice. PttiVidiOg,;~~'tJt;;'iifi ...
"m,18iJl~pi't0'..' .t'lie......ql1'!IJl;~lt'i~I~~t()i!liel..'
~lIe 'C~ty.~OfBoz~~ti;'>' '/,t~~i~ .' ..' ',!o,
queat~~nof t.beaafd'loi '.' .... . ,.tnti~":':
bO~MQ~t~eaaid Clty<~r'oz~QtBr" 0:\ . .,u., .~',.,'."...'.'.'i
}4<'1~tllll~'imtlwaum, \tli~ " . ....,,';...
proclf)e411fro~theaallli ',be '".8., .... .J.)~t~6\...1.i~'...f'!i
u~edt'o"fu~d<$20,OOO,.i ". '. 't- in~i,< .,..... ....,....... ... ...bon&.~*l'b'e'
atlulding'Mtyhiil1horida',~~t'J)1l ' Ei' . .. ". CO,!l..'a,.il....~.....):t. t...l....,t.......,il.'....l~.' .:......~n.. u.'.'ft.b., .,....6.. .til.Q,I.'......b..... ..e...lt....i..D.. 't!l....n. g,.' .....,...,.6...,..'t..........'.','.'.'.'...'.'
payable July' first, J899.~tId;l$ld.OOO' lludlber'6n~\. ",.'1( ,....'..,...."." . '.,'.',,' ...... ".'i",'
outstandlplt city hall b'ondll,t,hl).t., b&:" S \..: ' ,
(lome ..payable.,' N'bvember."!fi'st, 1900, '.El((tiOI14;.~'tM".6~orie,rotllShal~be.l::<
,andtlXlngthetlmeof votlngonaald levied each. '1,oo.rup6,ntbe . taxable
)'1'tre~ti~~.> ....,.,....... .' . ""'. .. .Prop~t:t~nsaidF.ltY~r'the,l!l1rpOSllOf
:Be.t.t'o.......r~. ,.,i.l'1. ~dbY'. 'the. c.itr Council Of"'payin~)fA1eitl\~te~toffsaid.,..\\lOndSIi'o
th Oi!;'f B . . issuild;alllI~ocre3'wa~lU1ii,~i:eu)3dfOr
e,}'",o . '.' o~emlln: theirretlemptlon\untUllbesa~eare
Se~tiori l.'J:heOltyClerk ill hereby paid 1m fUI,l,:~~d< l"edeem~d;''rhe 0itl'
.... dli'ee,t~d,to.give no~lce asprovld6d .bY\~ Trllasu~ers~,1l~y;1n.laW'tul'!!10neyof
~.'1'll:\Ill' that t'\lerewillj)esu~mitted to the ,_.t.b.., e..... U. U.l...t.....e,.d...... . .s...t.~..'. ............;If.I.'\O.......l,l......,.th...tl.....'........ ,.fI..!. a..t.." ,.,...,..d.. ..ay.. ..,}.ll~ "
\qU~llfle<lelectorsui,theCit}'ofBO~El- J;Uly.LlextllUllCeEldltt belsaueOf' saId
tl1~~,Montau,a,J,t'thetlme ofthegen"bol,lda;..aB~.,l!~mi-a .. lyt<.';~h.~eaf\~
era'tsprl ng,ele.Ctf6n;.>\prll,second, 1900, on"eachfirst>~'ay . of J t1t~~tt*d'lirat .'. 'a'dY. '.
,,,,,:th,~qUe.ati6I1;' of t\lesaid~ltV'::'iasuing ""of January, the iDter~~due:on SUCh'
_ '...boilQa'tlp.oQ: \lul creditOfall:ldcitYitl'bOndS,uponpresentatlg.r(fllt"Jl,ia,~ce
'. ., tbeaum of $30,000, the proceeda. from of th~"proper couponll whltihslil~UshoW,
, '\, tM ~ale of .said llon<la.to the' affi(>l1nt .of the amount due a'od,thetlumlle~o"t the
,: "Ii $2q,OUOto be URea to' fund a.balance.f bondstowhlchth~fseveral1ybell)iigl
:, ol1tata.Oding c1ty\laUbonds, that bv- bu'tin case tbe hOlderof,aucb bonda
i'''. ca1be paY!!!l.'e.J uiy':6rat,1899,sa.\d bondalltlilll.give lhe"OIty. Treaslir~r . notlc6:.1n
belug 10-20s,and 'oearingsix percellt. writing that he or they Wlah,:'tli\,ebonds
intereat~and the proceeds from' the so held by them and the interest to be
sa},e.of said bonda In the amount of paid .In .New . Yor~>City. then. allch
$10.000 to be ua'eI'\ to fund $10,000 out.bouds andcoupo~a~l1.al1b!l.pa:Y,Ilble~p:
. standing city ball \;louds, that become NewYorkOlty:a,t's,uc,h b,ank".BS1AI\Y
payable Noyember first, 1900, said honds be designated by the Olty Treaaurer,
b~lngt020a and bearing six per c@nt. aud all bondaand cQuponsso.paid
Interest. At the said election the bal- shall bereturnedtotbel()itWOounoll
lotsshil.llbeprovided inaccortlance at the n~xt monthlY'> ille~tl)ilir:ii.ll,dthe
wlt~Jaw,andshllll contal~theW()rds aaid bOl;\d8andIlOupon~jj~lilt>be(lBn;
"Bonds"'" Yea." MId " Bondi!l-N 0." The celledinthil maliner city ,warrllnts are
electioll' shall 'he conducted, the retnrns now cancelled,
made and canva,sel'l, aa provided in Sectiolll 5. The bonds, thlllasue of
other city electlona. which Is herein provided for, shaH be
Section 2. If tM majority of the redeemable In ten years and payable. in
<votes cast at said election shall :be for twenty years, and Ifat any time after
"Bouds-Yea," the Oity Council shall tBn y~ars from date of Isauance of said
s soou aa practicable thereafter, give bonds, the aum. in the sinking fund
notl~e by advertiaement in lhe AVANT shall equal I!r exceed $1,000, or from
COUltlER. a weekly newapaper phh- time to time thereafter wh&u it may
ished in the City of Bozemlm, and Rlao occur, the city treasurer shallcauaea
in aome newapaper prt'l))[shed in the notice to be publahed In one newapaper
l)ity of New York, for 9, perioti of not iu the City of Bozeman, that he wl1l
leBa thau four weeka, to the effect that withiU\thirt,y days' from t,\jedate of
the City of Bozeman will aell the bonda such notice, redeem aald amount of
voted at auch election (briefly deacrib- bonds which may be payable, giving
Ing them) at public auction at not leas the numher thereof, preference tieing
than theIr par value, and sha.ll atate the Iti ven to tae oldest isane. A aimllar
time when, and place wbere, auch sale notice shall be given hy mail t6 lluch
shall take place. bank In the City of New Yorkaa the
Section 3. That tbe Mayor and tha Treasurer haa desl.ltnated as th~ hank
City Clerk of the said City of Bozeman at which aaid bonds and interesttllere.
are herehy authorl~ed and Instructed onwlU bepaid,andltattheexplrBUon
to aign and execute,'after tile sale of thirty days the holder or holders 01'
thereof, the sMd city bands to au said bonds shall faU ornell'lect to pre-
amoumt not to exceed the sum of sent the same for payment Interest
$30,000. The bonds iasued by virtue of shall ceaae, and the treasurer shalL be
this ordiuance ahall be known l\S "City ready at all tlmes;to redeemsaidbOl1.ds
Hall Fundiug Bonda, 8':lcond Series" on presentation. ..' .....
and shall be dat.edJanuary 1st, 1901, Section 6. Thisordlrtaucesha11ta.kif
and shall lltl of denominatiolllB of $1,000 effect from and atter itspasa'age abd
each, as may be most desirable and approval,
practicable, and shall bear llltereat at Pasaed, adopted anel aT,)provedthia
the rate of f@llr (4) per cent. per an- 16th day of February,)900, '
num. Interest payable S6mi.annually., W.:M. ALWA.RD,Mayor.
Said bond~ shall have attached semi. GEO. D. PEA.SE, CIty Clerk, '
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(>rdiRI'Dc:e. No,:20~.' .'., / . ,a~inl"d'G)!i~o'& 'Db'tIl!l,J'or' '. ':i118tall'~i\ 1":
. . . ..'" .' -,.'i meDt or,l'tl!i'est;+liDd ,th:dsIRnd~,
AD ordmRnce prtlvldlng,fortbe'llub-; conpoDa.at~hed't~~retoll'ilaolibll ,'i,,'.'~':
mlsSI?n . to tbe. qualltledelectorso,t... Signed bYlth~(J.iiyot.jtnd ity, plerk. .
~.h.u~. s.c...t.~~. Y.n.'."b.~. .t.B.'h.~Z:.~.tl}....,It.O..'I..t. ~.).:. n..tt.!. :f..Da.g...........~.~.e. :~'~~.....~fesp '. . . ...ad;f.i,.~~.....~..~.b. ~e.t:.".. .,.:..6b....::.t.hn.. e._
bondsof.the said CitY,~6/';ozelilaq. :Ve I' '(ij.)JI,grelil,u~oll
~~&::::'f~~~h:h~~~je~~~~~: .~t'. '.. . ..... '. .*J~~~;t~~l~~
used po . fUnd$20,OOO~1~~c~'~n1t- inlt~~t~. .,;'~'EdI$ bond Ilhallbll
sta. n....d. m. g. OI.tYh.a.I.I. b.ondS.... t.~,.. t.".be~.. e co.nl!ll..oq.. ...t. .'.it... ..l:l.. ........'..'.'........'D,U....l'h...b. .'.e. .tM..,be.'.ll'...i..D. nin... g...a.t...... '
payable July ftrst, 189~,and'''$ld,~., numbllfiOl,iIi:. .'~.'....r, ',: ...... ..'
outstandlpll'cUY"hall bondlJ"tb~t.,;be- ~eetion,~\A'taX'6f, one mill shall be, J,~..
COma. ~N'able 1!lIovember1f1'llt.1900, levledeachte6r upO;n the taxable
,and flXlngtlle time of votln~~n..aald 'prop~t!lullaid.clty ~ti the purpose of
<juestlon. . '. .. '. .,,'paYln!f;tlb:eJnt~re~too.aald.bonds. 80
Be Itor./}~I,nedby the City Council of Issued, aMt? crea.peaslDliing'jjund for
the Clty",ofBozeman: . .... theIrretlillll1>tloDnntll tbesameare
Se~tlon 1. The City Clerk. is hereby paidil'l fdU"al1d,rtideemed., ~he my
,dl~tedtolllve no~lce as. provIded llY\'. Treaau~er $b~:~J!tn]awfUl~on6i'Y of
.nl;w, that t)lere Will besuQmltted tothe.theUmtedSt:~R',{jJltht! flrat:,daY,l:!~ '
qUllllfled electors of,the CltYQfBoze- ' Julyne'll:tsu~elldltllt,. e'lsaue'ofsald
't. ma~.M.Qntana,.l,l,tthetimaofthe.geti- .l:ionda,~~If~.seml'a 'r.\;theveaf~'
eraYsprlng,elec'tlOn,\A.prn,sec'?nd\.J900, .......... .oJl':~aOh~fst'>\!'il;yof.. l,lll-at 'd)'Y
.~",t~~ que.stlA~, <;If. thesald:Olt~:'issu~t1g~~'ih~.Jall1fIa~~,t~~~~t""", ~'9nsuch .
. , "boiuja'llpbl$\l16credltofsaW,cltY""1Ii '''li'bondll;''i.l!Onlptllll~J1P.,i\l'~,'lll.is"p.~ce
Ute sum of $~O,OOO, . the proceeda' from of th~,p~operco~~?~,l1,I,dh;$'~Wl.ShOW ,
thll~ale of sllld bOnds to the lImountof the llililQlmt due al!-d,the'll,Uf'ibet,\\}ot tli:e
, $20,OUO toM. u~edto fund' It. balance,.f bondato whlchtffef:severaIlY'beli.\f1g;
........ :>outstll"ndingcity h,llll~onds, thatl3e_b~!llncllsethe .:holder (l,f,sUCh ~9~l1~
_.",cathe pa'Il.!!.le.July,f1rst, 1899, salabondssh~lI.gjvet.he,,(JltY Treas~rl'lr~tlce..in
being 10-20s, aDd bearingsixperq,!ln't. wntmgthat he or they wlsh,:,t~ Donds
interest,. and the proceeds from . tbe so held by them!l.ndthe interest to be
aale of said bonds hi the amount 0: paid mNew York City, then. auch
$10,000 to be us'ectto. fund$lOpOOout- bonds aDdcoupo,~~:$h~ll.bQPaY.a.bleil1
,standing city ball bonds, that. b~come New YotkClty :at:s.\lc,l,!b,al'lk,.astpay
payableN o.vemberfitst, 1900, said hOllda be deal/tnated byth~CltyTr.Ra'urer;
\)elngl020sand bearing six perclilnt, and .all bonds and Mup~nssopald
Interest. At the aaid election thebal- shallbereturUl'ldt?the'()it$"-,pounllil
lots ahallbe provided Inaccort\~nce at the next monthly m~etlnil'and the
wltblawandshall. cont.alnthewords !Ialdbo1;ldsaudllouponsllMll bec,an'
"Bonds....:Yea."a>ld. "Bonds-No." 'l'he celled in the manner city "'~rrantll are
eleotion:'shlill 'be conducted, the retnrns now cancelled,
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e after
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Stnte of Montnnn. ~ ss. '
,nCZZ:)~~~i~g~)ting first ihdy sworn,
Ill'poses and sl/Ys thltt hi, is'n,,,,,,,,~:,,,,,,,,of the
.d V'.11.N'T COURiER, a IUf!f'kly neW8pnper, pu,bli9hed nt Bozeman, in
GnllnUn CalU/ty, in the Stllte lit .Afontrrnn, thnt the""""""""m,,,""""'"
,,,,~~mn,~",',,m'~P"'~/m,,zf:~
of' W!d~ co:/: hald 0 II.t ,ched, WII.S first pnblished in ,9nicl news-
paper in its ;S81,U; dlttNI",~~,'",CMc'T" 19,,(!?t:? and WIL,S
pu.blished in !!Iwh week),!! Issue o/..nid newspaper f'or,"'~m
con~e(',utiv(j UJI>dC;9 ,in tlw l'I<glllnr nnd entire issne "f every number of'
eaoh edition, co/np/din::! the f'ull period of'. ''''~:::,,'''"''''
days, the last puhliordion bei~,~ in the issue dated"""~~!"",,,,,,
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S U B8.IJf:I ~'_D rr.nd ~1(;orn to be/ore me, this.
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