HomeMy WebLinkAboutOrdinance 345 AN ORDINANCE TO APPROPRATF. THE SUM OF _.IGHT -71N HUNDRED AND SIXTY. DOLLARS ( $ I860 . 00 ) T4r LAF'A7ETT E AV.�21UE IMPROV.;11L.NT DISTRICT NUMBER ONE , OF FAY ETTEVILLE , ARKANSAS M VIIERFAS , the sum of eighteen hundred and sixty dollars ( $ I860 . 00 ) hes been duly approprated by the City Council of the City of Fayetteville , Arkaneas , to aid in the improvement of East Lafayette Avenue , for which purpose Lafayette Avenue Improvement District Number One was formed ; and W.HF.RFAS , it has been provided by ordinance that the ooet of such improvement shall be paid in five ( 5 ) equal installments , payable on or before the tenth -- day of June of each year , beginning June tenth , I9I5 , NOW THER_YOR. BE IT ORDAINED BY THE Council of the City of Fayetteville , Arkanses : Section One . That the Clerk of the Cit;, of Pay- etteville , Arkansas , be And he is hereby authorized and instructed to issue City Warrants upon any finds not otherwise approprated to the amount of eighteen hundred and sixty dollars ( , I860 . 00 ) , same to be issued in fifteen ( I5 ) seperate warrants of one hundred and twenty four dollars ( ? I24 . 00 ) each . Provided , that three ( 3 ) of said warrants shall be due and payable on the first Monday in Julv , I9I5 ; three ( 3 ) due and payable on the first Monday in Jnly , I9I6 ; three ( 3 ) due and payable on the first Monday in duly , I9I7 ; three ( 3 ) due and payable on the first Monday in Jnly . 19IS and three ( .3 ) due and payable on the first Monday inoJuly , I9I9 . Provided , futher , that all of said warrants shall be made parable to the Board of ImVrovement of Lafayette Avenue Improvement District Number One , of the City of Fayetteville . Section Two . That the faith and honor of the City of Fayetteville , Arkaneas , is hereby pledged for the redemption of the warrants mentioned in Section One of this ordinance , Section Three . That this 'ordinance be in force and effect from and after its passage , approval and pub- lication ; and all ordinances or parts of ordinances in conflict with this ordinanoe , be and the same are hereby revealed . Approved : e77 C 4� Attes MAYOR ?.=.RK \ Passed and approved this 20th day of April , I9I5 . MiCROFl DATE ocr