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HomeMy WebLinkAboutOrdinance 62 Sm GSSCy O DmSA CS P~EAMBLE: in pursuance to the Charter o£ the City umbia Heights, authorizing the City.Council to issue Debt Certificates, by~an'Emergeno~ ~rdinance, Where the receipts from taxes or other sources become znsuffzczent to meet the or~ ary expenses of the City, and it appearing that ~h~ receipts for the present year are insufficient to meet certain ordinary expen- ses of the city,incurred, in making~local~improvements, and that an emergency exists: this ordinance is .proposed. The City of Columbia Heights does ordain: Sec. 1. In the matter off appropriating~~~~ Dollars ($/~£~) forthe payment of the following work: Grading alley in Block 85 Water System o£ Jackson Street, ~0 to 43rd Avenue*..~ Grading Fourth Street, 40 to 45th Avenue "' Water system on Thirty Ninth Aven~e, Buchanan to Hayes Street Water system on ~University Avenue, between Thirty Seventh and Thirty Eighth Avenue Grading, surfacing, curbing, gutter and side- walk on Quincey St., from ~0 to ~End Ave. Curbing, gutter, and sidewalk on Sixth Street -- between Forty First and Forty Second Avenue ~ T AL Sec. ~. The City Council does hereby authorize the appro- priation of~_,~/~7'~ollars ($/~7.~) for the payment. And for that purpose does hereby authorize the issuance of Cer- tificates of indebtedness upon the City of Columbia Heights in such sum as may be necessary to make the payment for such work. Such certificates are to be issued ~m~z~:~-and are to run £or a period ~75£~?~ years, and are to bear interest at the rate of. six per cent per annum, payable annual t y. Sec. 3. its passage. This~ordinance shall take ef£ect immediately upon Passed this ~7'~day of November, 1928.