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4,, to attached shall be certified by the fac simile signature of the treasurer. Said bonds shall be exempt from City taxes and the coupons shall be receivable for all taxes, debts and demands due to the City of Charlottesville. II. That the proceeds of this entire issue -of said bonds shall be used exclusively for the purposes set forth in the preamble hereto. The entire proceeds of sale of two hundred and forty- five (245) bonds of said series shall at once be subject to the call of the School Board as needed and shall be paid upon proper warrant drawn by said Board upon the treasurer of the City of Charlottesvill e. I119 That said bonds and their coupons shall be payable at the office of the Treasurer of the City of Charlottesville, Virginia, and at such other place or places, as the Council may designate. IV. That after this bond issue has been authorized by vote of the people, the finance committee of the council shall prepare and dispose of the issue in its entirety at one sale or in such installments as may be deemed advisable by said Committee. Any sale of said bonds shall be subject to the ratifica{-ion of the Council. V. That it is hereby ordered that an election be held on the 8th day of.October, 1929, at which qualified voters may vote for or against sanctioning the said issue of $675,000.00 of General Improvement bonds, series of 1930, that is to say: For Bond Issue Against Bond Issue. All persons voting at said elections shall erase one or the other set of said wordso and the words remaining shall be counted as expressing the choice or vote of the person casting the ballot. Said election sisal] be held in accordance with Section 24 of the :,aid Charter and the lacus of Virginia regar ing elections by the people. VI. That the Mayor of said City be and he is hereby authorized and directed to give the requir<.-d notice by publishing in a newspaper published in the City of Charlottesville for four successive weeks of the holding of said election, and record s6id notice in the book kept for that purpose, in necordahce with the provisions of Section 24 of. said City charter. Adopted by the Council, September 3, 1929. Ayes, Messrs. Brown, Watson, Joachim, Morris and Twyman; Noes, None. y±,YV C a rk resident AN ORDINANCE IMPOSING TAXES ON PERSONS AND PROPERTY FOR THE PAYMENT OF INTEREST ON THE CITY DEBT, FOR CREATING A SINKING FUND THEREFOR, FOR THE SUPPORT OF THE CITY GOVERNMENT AND CITY SCHOOLS, AND FOR OTHER EXPENSES, Be it ordained by the Council of the City of Charlottesville, that for the year beginning the first day of January, 1929, and ending the 31st day of December, 1529, and each year there- after while this ordinance is in.foreo, the taxes on persons and property for local purposes shall be as follows: GENERAL LEVY. le Lands.. Lots and Buildings. On tracts of land. and lots and improvements thereon not exempt from taxation, there shall be a tax of $1.55 on every $100.00 of the assessed value thereof, to pay the general operating expenses of the city government and to pay the interest and sinking fund on the city debt other than schools. And there shall be levied an additional tax on every $100.00 of the assessed value thereof of $0.17 (seventeen cents) to pay the interest and sinking fund on school bonds and $0.80 (eighty cents) for the maintenance and operating of the schools. 2• Tangible Personal Property. e Upon all tangible personal property, as defined in Schedule B of the State Tax Law, not exempt from taxation, there shall be a tax of $1.55 on every $100.00 of the assessed value thereof, to pay the general operating expenses of the city government and to pay the interest and sinking fund on the city debt other than schools. And there shall be levied an additional tax on every $100.00 of the assessed value thereof of $0.17 (seventeen cents) to pay the in- terest and sinking fund on school bonds and $0.80 (eighty cents) for the maintenance and operat- ing of the schools.