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1955 ORDINANCES
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BOOK 3_FEB 3 1947-AUG 5 1963
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1955 ORDINANCES
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OF VIRGINIA, AND THE FULL FAITH AND CREDIT OF THE CITY ARE PLEDGED FOR THE PAYMENT OF <br />THE PRINCIPAL AND INTEREST HEREOF. <br />. IT IS HEREBY CERTIFIED THAT ALL THE REQUIREMENTS OF LAW HAVE BEEN FULLY COMPLIED <br />WITH BY THE PROPER OFFICERS IN ISSUING THIS BOND, AND THAT THE TOTAL AMOUNT OF THIS BOND <br />AND OF THE ISSUE OF WHICH IT FORMS A PART DOES NOT EXCEED THE DEBT LIMIT PRESCRIBED BY <br />THE CONSTITUTION OR STATUTES OF THE STATE OF VIRGINIA. <br />IN WITNESS WHEREOF THE CITY OF CHARLOTTESVILLE HAS CAUSED ITS SEAL TO BE HEREUNTO <br />AFFIXED, AND THE MAYOR, CLERK OF THE COUNCIL, AND TREASURER, HAVE HEREUNTO SUBSCRIBED THEIR <br />NAMES THIS FIRST DAY OF , 1955. <br />MAYOR OF THE CITY OF CHARLOTTESVILLE <br />ATTEST: <br />• CLERK OF THE COUNCIL OF THE <br />CITY OF CHARLOTTESVILLE <br />TREASURER OF THE CITY OF CHARLOTTESVILLE <br />�p - FORM OF COUPON - <br />cV <br />No. <br />Im <br />THE CITY OF CHARLOTTESVILLE, VIRGINIA, WILL PAY ON THE 1ST DAY OF <br />, 19 , TO THE BEARER HEREOF, AT THE OFFICE OF THE CITY TREASURER <br />BEING THE SEMI-ANNUAL INSTALLMENT OF INTEREST ON <br />ITS SEWERAGE IMPROVEMENT BOND, SERIES OF 1954, DATED APRIL 1ST, 1955, AND NUMBERED <br />CITY TREASURER <br />THE BLANKS IN THE ABOVE FORM OF BOND AND COUPON SHALL BE FILLED IN WITH THE <br />RESPECTIVE NUMBERS, DATES AND AMOUNTS AS SET FORTH AND PROVIDED FOR IN PARAGRAPH (1) OF <br />THIS ORDINANCE. <br />(3) THAT THE SAID BONDS SHALL BE SIGNED BY THE MAYOR AND THE TREASURER OF SAID <br />CITY, ATTESTED BY THE CLERK OF THE COUNCIL, AND SHALL HAVE THE SAID CORPORATE SEAL OF THE <br />CITY OF CHARLOTTESVILLE, VIRGINIA, AFFIXED THERETO , AND THE COUPONS SHALL BE AUTHENTICATED <br />BY THE LITHOGRAPHED FACSIMILE aF THE SIGNATURE OF THE CITY TREASURER WHICH IS HEREBY DECLARED <br />• TO BE IN ALL RESPECTS THE EQUIVALENT TO THE MANUAL SIGNING THEREOF BY SAID TREASURER. <br />(4) THAT THE FINANCE COMMITTEE OF THE CITY BE AND IT IS HEREBY AUTHORIZED TO <br />PREPARE AND DISPOSE OF THE ISSUE AS A WHOLE OR IN INSTALLMENTS, AT PAR OR MORE, ANY SALE TO <br />BE RATIFIED AND APPROVED BY THE COUNCIL. <br />(5) THAT THE PROCEEDS OF THIS ENTIRE ISSUE OF SAID BONDS SHALL BE USED EXCLUSIVELY <br />FOR THE CONSTRUCTION OF A SEWERAGE DISPOSAL PLANT ON MEADOW CREEK NEAR THE RIVANNA RIVER IN <br />ALBEMARLE COUNTY, VIRGINIA, A SHORT DISTANCE FROM THE CITY LIMITS OF CHARLOTTESVILLE AND <br />THE INSTALLATION OF ADDITIONAL COLLECTING SEWERAGE LINES WITHIN AND WITHOUT THE CITY OF <br />CHARLOTTESVILLE AND THE ENTIRE PROCEEDS OF THE SALE OF SAID BONDS SHALL BE PLACED TO THE CREDIT <br />OF THE TREASURER OF THE CITY OF CHARLOTTESVILLE, WHO SHALL DISBURSE THE SAME UPON PROPER WARRANTS <br />FOR THE PURPOSES AFORESAID. <br />(E) THAT WHILE THE SAID BONDS, OR ANY OF THEM9 SHALL REMAIN OUTSTANDING OR UNPAID, <br />• THERE SHALL BE LEVIED AND COLLECTED FROM THE USERS OF THE CITYfS SEWERS A SEWER RATE SUFFICIENT <br />TO PROVIDE FOR THE PAYMENT OF THE PRINCIPAL AND INTEREST AS THE SAME BECOMES DUE AND PAYABLE <br />AND THAT SAID BONDS WILL BE ISSUED PURSUANT TO THE PROVISIONS OF SECTION 127 (B) OF THE <br />CONSTITUTION OF VIRGINIA AND WILL NOT BE INCLUDED WITHIN THE OTHERWISE AUTHORIZED INDEBTEDNESS <br />
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