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1954 ORDINANCES
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BOOK 3_FEB 3 1947-AUG 5 1963
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1954 ORDINANCES
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($409000.00) Si ALL BE PAYABLE ANNUALLY ON THE FIRST DAY OF NOVEMBER IN EACH YEAR FRO14 1969 TO <br />• 1973, BOTH INCLUSIVE. <br />SAID BONDS SHALL BEAR INTEREST AT A RATE OR RATES NOT, HOWEVER, EXCEEDING TWO RATES, AND <br />NOT EXCEEDING FIVE (5) PER CENTUM -ER ANNUM, PAYABLE SEMI-ANNUALLY ACCORDING TO THE TENOR OF <br />COUPONS FOR SEMI-ANNUAL PAYMENTS TO BE THERETO ATTACHED, THE EXACT RATE OR RATES OF INTEREST TO <br />BE DETERMINED BY THE RATE OR RATES NAMED BY THE BID WHICH IS ACCEPTED BY THE FINANCE COMMITTEE <br />ki <br />AND APPROVED BY THE COUNCIL. <br />2, THAT SAID BONDS AND THE COUPONS THERETO ATTACHED SHALL RE SUBSTANTI.ALLY OF THE <br />FOLLOWING FORM A14D TENOR: <br />-FORM OF BOND - <br />UNITED STATES OF ANTER I CA <br />STATE OF VIRGINIA <br />CITY OF CHARLOTTESVILLE <br />SCHOOL I MPROVEME[IT BOND - SERIES OF 1953 <br />140. <br />THE CITY OF CHARLOTTESVILLE PROMISES TO PAY TO BEARER <br />ONE THOUSAND DOLLARS <br />IN LAWFUL MONEY OF THE UNITED STATES ON THE FIRST DAY OF NOVEMBER, <br />19_1, ON THE SURRENDER OF THIS BOND, WITH INTEREST AT THE RATE OF <br />PER CENTUh1 PER ANNUM, PAYABLE SEMI-ANNUALLY ON.THE FIRST <br />DAY OF NOVEMBER AND HAY IN TACH YEAR, ON PRESENTATION OF THE COUPONS <br />$1,000.00 <br />HERETO ATTACHED, BOTH PRINCIPAL AND INTEREST TO BE PAYABLE.AT THE <br />OFFICE OF THE TREASURER OF THE CITY OF CHARLOTTESVILLE, IN <br />CHARLOTTESVILLE, VIRGINIA, <br />THIS BOND IS ONE OF AN ISSUE OF NINE HUNDRED FIFTY THOUSAND DOLLARS ($950,000.00) <br />ISSUED BY THE CITY OF CHARLOTTESVILLE iOR THE PURPOSE OF CQNSTRUCTION OF AND ADDITIONS TO <br />SCHOOL BUILDINGS IN THE SAID CITY. <br />THIS BOND IS ISSUED BY THE CITY OF CHARLOTTESVILLE UNDER AND BY VIRTUE OF, AND IN <br />FULL CONFORMITY WITH AND PURSUANT TO AN ORDINANCE OF THE LITY OF CHARLOTTESVILLE ADOPTED <br />.JUNE 15, 19539 AND SPREAD IN ORDINANCE BOOK 3, PAGES 181-183 AND APPROVED BY THE VOTERS <br />OF THE CITY AT A SPECIAL L -LECTION HELD FOR THAT PURPOSE ON AUGUST 189 1953, IN ACCORDANCE <br />WITH THE CHARTER OF THE CITY OF CHARLOTTESVILLE AND THE LAWS OF THE STATE OF VIRGINIA, AND THE <br />• FULL FAITH AND CREDIT OF THE CITY ARE.PLEDGED FOR THE PAYMENT OF THE PRINCIPAL AND INTEREST <br />HEREOF, <br />IT IS HEREBY CERTIFIED THAT ALL THE REQUIREMENTS OF LAW HAVE BEEN FULLY COMPLIED WITH BY <br />THE PROPER OFFICERS IN ISSUING THIS BOND, AND THAT THE TOTAL AMOUNT OF THIS BOND AND OF THE ISSUE <br />OF WHICH IT FORMS A PART DOES NOT EXCEED THE DEBT LIMIT PRESCRIBED BY THE CONSTITUTION OR STATUTES <br />OF THE STATE OF VIRGINIA. <br />IN WITNESS WHEREOF THE CITY OF CHARLOTTESVILLE HAS CAUSED ITS SEAL TO BE HEREUNTO AFFIXED, <br />AND THE MAYOR, CLERK OF THE COUNCIL, AND TREASURER HAVE HEREUNTO SUBSCRIBED THEIR NAImES THIS FIRST <br />DAY OF NOVEMBER, 1953. <br />------------ <br />MAYOR OF THE CITY OF CHARLOTTESVILLE <br />ATTEST: <br />CLERK OF THE COUNCIL OF <br />. THE CITY OF CHARLOTTESVILLE <br />TREASURER OF THE CITY OF CHARLOTTESVILLE <br />
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