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SUCH RECEPTACLES OR BUNDLES SHALL BE PLACED ALONG THE EDGE OF THE SIDEWALK ON SUCH DAYS AND AT SUCH HOURS AS MAY BE PRESCRIBED IN RULES AND REGULATIONS ISSUED BY THE CITY MANAGER. ALL SUCH RECEPTACLES SHALL BE REMOVED FROM THE SIDEWALK BY THE OWNER THEREOF WITHIN A REASONABLE TIME AFTER BEING EMPTIED. FACTORY CUTTING, TRADE WASTES, OR REJECTED BUILDING MATERIALS WILL NOT BE REMOVED BY THE CITY. THEY MAY BE HAULED TO THE CITY DUMP BY THE PROPERTY OWNER OR HIS AGENT. THE CITY MANAGER IS HEREBY EMPOWERED TO ADOPT AND PUT INTO FORCE SUCH RULES AND REGULATIONS GOVERNING THE REMOVAL OF ASHES, GARBAGE AND TRASH AS HE MAY DEEM NECESSARY. ANY SUCH REGULATIONS AFTER APPROVAL BY THE COUNCIL SHALL HAVE THE FORCE AND EFFECT OF AN ORDINANCE. ANY PERSON VIOLATING THIS SECTION OR ANY REGULATIONS WHICH MAY BE PRESCRIBED SHALL BE FINED NOT LESS THAN ONE DOLLAR NOR MORE THAN FIVE DOLLARS FOR EACH OFFENSE. ADOPTED BY THE COUNCIL MARCH 6, 1950 AYES: MR. ADAMS, MR. BARR, MR. HADEN, MR. HAMM, AND MR. TEBELL. NOES: NONE CLERK PRESIDENT ----------------------------------------------------- AN ORDINANCE AUTHORIZING THE ISSUANCE OF BONDS OF THE CITY OF CHARLOTTESVILLE IN THE SUM OF $275,000.00 FOR THE PURPOSE OF CONSTRUCTION OF A NATURAL GAS PIPE LINE AND COST OF CONVERSION OF THE GAS DISTRIBUTION SYSTEM OF SAID CITY TO NATURAL GAS WHEREAS, IT IS DEEMED NECESSARY AND EXPEDIENT THAT THE CITY OF CHARLOTTESVILLE SHOULD ISSUE AND NEGOTIATE ITS BONDS IN ORDER TO RAISE MONEY FOR THE PURPOSE OF CONSTRUCTING A PIPE LINE FOR THE TRANSMISSION OF NATURAL GAS TO SAID CITY AND FOR THE PURPOSE OF CONVERTING THE GAS DISTRIBUTION SYSTEM TO NATURAL GAS, AND WHEREAS, THE AMOUNT WHICH IT IS ESTIMATED WILL BE NEEDED FOR THE IMPROVEMENTS CONTEMPLATED IS $275,000.00, NOW THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF CHARLOTTESVILLE, VIRGINIA (ALL MEMBERS OF SAID COUNCIL BEING PRESENT): (1) THAT THE CITY ISSUE AND NEGOTIATE ITS BONDS AGGREGATING $275,000.00 FOR THE PURPOSES AFORESAID DESIGNATED "GAS IMPROVEMENT BONDS, SERIES OF 1950"; (2) THE SAID BONDS SHALL BE 275 IN NUMBER, NUMBERED 1 TO 275 INCLUSIVE IN THE SUM OF $1,000.00 EACH DATED ON SUCH DAY AND PAYABLE IN SUCH MATURITIES NOT EXCEEDING TWENTY (20) YEARS FROM THE DATE THEREOF AS THE COUNCIL SHALL BY RESO- LUTION OR RESOLUTIONS FROM TIME TO TIME DETERMINE; (3) THAT SAID BONDS SHALL BEAR INTEREST AT A RATE OR RATES (NOT, HOWEVER, EXCEEDING TWO (2) RATES) NOT EXCEEDING FIVE (5) PER CENTUM PER ANNUM, PAYABLE SEMI-ANNUALLY EVIDENCED BY INTEREST COUPONS ATTACHED TO SAID BONDS; (4) THAT THE MAYOR SHALL SIGN SAID BONDS AND AFFIX THERETO THE SEAL OF THE CITY, ATTESTED BY THE CLERK OF THE COUNCIL, AND SAID BONDS SHALL BE COUNTERSIGNED BY THE TREASURER AND THAT THE COUPONS THEREON BE CERTIFIED BY THE FACSIMILE SIGNATURE OF THE TREASURER; (5) THAT SAID BONDS AND THE INTEREST THEREON SHALL BE PAYABLE AT THE OFFICE OF THE TREASURER OF THE CITY OF CHARLOTTESVILLE; (6) THAT IT IS DETERMINED THAT THE CITY OF CHARLOTTESVILLE WILL DERIVE A REVENUE FROM THE PROPOSED IMPROVEMENTS TO THE GAS PLANT AND DISTRIBUTION SYSTEM AND THAT THE SAID BONDS WILL BE LIQUIDATED OUT OF SAID REVENUES, AND THAT SAID BONDS WILL BE ISSUED PURSUANT TO THE PROVISIONS OF SECTION 127(8) OF THE CONSTITUTION OF VIRGINIA, AND THAT THE FULL FAITH AND CREDIT OF THE CITY SHALL BE PLEDGED TO SECURE THE PAYMENT OF THE PRINCIPAL AND INTEREST OF SAID BONDS;