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Appropriation
<br />conventi on
<br />American
<br />Legion.
<br />I in
<br />800
<br />years from date, and at any time tl-ereafter upon one montrl l s notice, publisred once a
<br />week for two successive weeks, in a newspaper published in Charlottesville, and in a
<br />newspaper published in New York City, which notice shall set forth the aerial number,
<br />or nw,.bers, of the said bonds, to be paid, and the time when payment is to be made,
<br />to bear interest at 5% per annum, payable semi-annually, said interest instalments to
<br />be evidenced by coupons to said bonds attached, and which said bonds are to be numbered
<br />as provided in said Ordinance of May,1920, and executed as therein provided, shall be,
<br />and both, t*.�e said $2UU,000 of bonds for water, and $:55,000 for bonds for gas, are
<br />hereby classified for a period of five y ,are, that is to say, from the 8th day of June,
<br />1920, the date of said election, until the 8t1l day of June, 192:), as revenue producing,
<br />within the terms and re aning of Section 127 (b) of the Constitution of Virginia, and
<br />for and during said period, trat is to say, from the 8t'^ day of Tune,1920, to the 8th. -
<br />day of June,1925, the said $20U,U00 of bonds for water, and $35,000 of bonds for gas,
<br />(,yet to be issued) , shall not, nor shall either of them, be included in determining
<br />the limitation of the power of tre City of Charlottesville to incur indebtednessi but
<br />f.romand aftp.r said 8th day of June,1925, whenever and for so long as the water works
<br />and system of the City, or the gas plant and system of the City, or eit'n r of them,
<br />fail to produce sufficient revenue, in that said respective specific undertaking, to
<br />pay costs of operation and administration, (including interest on bonds, issued therefor,
<br />and costs of insurance a7ainst loss by injury to persons or property), and an annual
<br />amount to be covered into a sinking fund sufficient to pay, at or befure maturity, all
<br />bonds issued on account of said respective specific undertaking, tre said .respective
<br />issues of $2001000 of bonds for water. (jr 4359001) of bonds for gas, or both of them,
<br />'(as the case may be) shall be included in deti;rmining the li-ritation of the power of
<br />said City to incur indebtedn+:ss.
<br />Adopt,;d by the Common Council July 13,1922.
<br />dyes: Ellington, Forrest, Morris, Tia, Watson and
<br />Presentwd and approved Wv,itt An.
<br />July 18,1922. Concurred inby Board of Aldermen July 17,1922.
<br />Ayes: Greaver, de and Pattun
<br />Mayor. ..- - -—=__ - - -- - -
<br />Clerk.
<br />President Common Council.
<br />..�.._....w:. . r• � ... .r.�.w --- -- +..r-.• r.r.r ...mow.._ r_.�_. _
<br />President Board of Aldermen,
<br />A RESOLUTION APPROPRIATINIG $750. TO AID THE LOCAL PUST k�VERICAN LEGIU.N IST DEFRAYING
<br />THE EXPENSE OF ETT r,RrAININT T TIO+, CO]WEYTT ON OF AM.11,RI CA1d LEGIONIARIES:
<br />Resolv:;d, by the Common Coizncil, 0,e Board of Aldermen concurring,
<br />That the sum of $%00 be and is hereby appropriated to the local ;post of the
<br />American Legion to aid in defraying; t'�e expenses of entertaining the convention of
<br />American T,egionar.ies in tris City August 24-25.
<br />Adopted by the Co►mnon Council ,Tuly 13,1922.
<br />.Ayes: Ellin; -ton, Forrest, ?-Jforris, 'Tia, Warson and
<br />Presented and approved Wl itt en.
<br />July 18,1922. Concurred in by Board of AlHermen July 17, 1922.
<br />Ayes: I;reaver, 'Taden and Patton.
<br />d
<br />�e r •
<br />-
<br />rresident
<br />�res dbnC Bodrdl. offiermen.
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