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HomeMy WebLinkAboutOrdinance 66Emergency Crdina~ce Preamble: · in pursuant to the charter of the City of Oolumbi~ Heights,authorizing the City Council to .issue Debt Certif- icates, by an emergency Ordinance, where the receipts fro~ taxes or other sources become insufficient to meet the ordinary e~oenses of the city, and it appearing that the receipts fOr the present year are insufficient to meet certain ordinary e~enses of the city, incurred in m~king local improvements, and that an e~nergency exists; this rdinanceis ~ooosed. n motion of D~hI eco~ed by ~ti~son o~ ro~l aal~a~l ayes Sec. !. I~ the matter of appropriatingl'wenty Thousand Dollars$ (~0,000.0O) for the payment of the following work: The grading ~~ lng , , -~.-~d and surfacing of 42~ve. N.E. per plans and specifications. The ~rading , subgrading, and surfacing of ~ Ave ~ ~ · ~,~. ~er pla~s and specifi Sec.2. The City Council does hereby authorize the appropriation of Twenty Thousand Dollars ~the ~n~t ~.And for that purpose does hereby authormze the ~ssuance of Certificates of Indebtedness upon the 0ity of Columbia Heights in such sum as may ~e neaess~ry to ma? the ~ pa.yment.~o? o~cn ~ork, ~uch~o~a period up to /~ anm are~o o~ar interest at the rate of six ~ercent annum, payaoie semi-annually. ' ' Sec S 'lmis~ ordinance shall t~e = ez z e c~'~u~ ~e c~ ~, tenor u~on its pa~sage~ - - Sn motion of ~a~ seconded by $~son, on r~l c~l] ~l ayes.