O-1965-711 - Laserfiche WebLink

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. . . '. .~ e e .1- .' PROPOSITION NO. 3 Shall the City Commission of said City be authorized to issue the bonds of said City, in one or more series or issues, in the aggregate princlpal amount of $ 75,000, with the bonds of each such series or issue, respectively, to mature sQr1ally w~th~n not to QKQQQg 30 YQar.~ f~om thQi~ date, and to bear interest at rates not to exceed 5% per annum, for the purpose of constructing a public building to be used as a, community building; and shall said City Commission be authorized to levy and cause to be assessed and collected annual ad valorem taxes in an amount sufficient to pay the interest ort said bonds and provide a sinking fund to pay said bonds at maturity? PROPOSITION NOo 4 'Shall the City Commis'sion of said City-be---. authorized to issue the bonds of said City, in one or more series or issues, in the aggregate principal amount of $ 25,000, with the bonds of each such series or issue, respectively, to mature serially within not to exceed 30 years from their date, and to bear interest at rates not to exceed 5% per annum, for the purpose of constructing the public library of said City; and shall said City Commission be authorized to levy and cause to be assessed and collected annual ad valorem taxes in an amount sufficient to pay the interest on said bonds and provide a sinking fund to pay said bonds at maturity? PROPOSITION NO. 5 Shall the City Commission of said City be authorized to issue the bonds of said City, in one or more series or ~ssues, in the aggregate principal amount of $ 60,000, with the bonds of each such series or issue, respectively, to mature serially within not to exceed 30 years from their date, and to bear interest at rates not to exceed 5% per annum, for the purpose of enlarging, improv- ing and equipping the City's airport; with said bonds to be secured by and payable from a first lien on and pledge of the Net Revenues of'said City's airport?