HomeMy WebLinkAboutOrdinance 48Emergency Ordinance
An ordinance authorizing and directing the issuance ~nd sale
of Emergency Certificates of Indebtedness of~ the~ City of! Col-
umbia Heights~in the ~t of ~8,0~,~ 00.
The City of Col,~ia ~eights d~e~ o=~in: In anticip~tion
of taxes em~ due DeCe~er 1,~27,be~ng duly authorized
by the City Council in their budget f~r the year l~, the
City Co~eil direct~ the ims~n~e of the Emergency Debt
Cer~ificmtes ino~e aggregated ~t of Six Thousand ~
n~lO0 d~llar~($6,00o.~.?o) t~b~ar int~est at 6 De= cent
~turin~ ~ Deee~e~ the ~ixth 1527.
Said ce=tificmtes to be signed by the ~yor ~nd City ~g~r
~nd c~te~signed~by the City Clerk~mnd sealed with the seal
~f~ a~id city.
t~mmed August, 3, 1~27.
Secret~r~r to the counclZ.
~'~'~.~ ID TO C~i,~TI~Y T~-~T~ Ti~ City of Coi~u~b~a
Heig'hts, in the Co~uuty of Anok~ end state oi' l'~ir~osota, ~°ox~
va ]ne received hereby pro~ises to Day to bearer tho ~'~m~ of
~'i)6000 at the Cold.able State !~ank. Columbia ~.lei~t~, ~,~in~osota
upon surrender o£ this Certificate of Indebtedz~ess, on the
6th day of December, 19~, with interest thereon frcn d~to
hero, of until paid at the rate of 6)'$ t~r ar~uv~n, inter.,it pay-
able at maturity and fez' the prompt ps~,n~nt of the princi?sl
end interest of this Certificate the full faith, c~edit and
resomrces of said City are hereby irrevocably pledged.