HomeMy WebLinkAboutOrdinance 914 0!2DTi,L*` 110 . 9).�k
TO j:: ..,' D 0!iilSbL HOIi P'U . 913 , DEOLMUNG lit.( t�?.f:RGTP'CY r "D FOR
DTI IT Oi Ili I.,i) DY T,C3 CITY CO'1r'CIL Ol' FhY3TMVILT,7, ,
1 . Suction 3. of Ordinance P1o . 913, passed on the 23th day- of xnril
1947 is horeby amended to read e: s follv..rs : '
°Ln Sl.::ction is horeby c al.lod to be held :t tine usual pollinf- places in
the L'ity of lFayetteville on the 17th day of June 19117 for the purpose, of
determi.ni.nf- tisl,cthier the City of layctteville shr•11 issue the followiriF
nel_otiable bonds : 375 , 000 . 00 for the purpose of construction additions
to and reiaodelinf: the City iiospitni. , and ^50, 000. 00 for the ourpose of
purchasing fire fif{htinE, apparatus ar:d purchasing a site for and construct.
in[- buildinf-s for houri.nE of firs fiplitirip apparatus . Said bonds shall be
payable as hereinafter set forth , bear interest at the rate of 2''$ per
annum and be dated Sept'. 12 19117 , but convertible to alovier rate of interest
on such teras th:.t the City shall pay and receive substantially the same
aiaount of :coney as upon a 2 % bond issue . Said "bonds shall be secured by
a levy not to exceed 2 raills upon all real and personal property in the City
of A'ayotteville , xrkansas for each year of the years 191x7 to 1931, inclusive :
2 . It is ascertained and declared that hospital and fire fifhting
fe.cilities in this ';i_ ty are inadequate to protect the health and safety of
tine citi ;.rons of the :ity and that LiurovinE and addinE,. to the hospital and
fire fighting facilities is essenticl to the health and safety of its citi—
;.ens . It is, therefore , declared that an emergency exists , e.nd that this
ordinance is necessary for the ira:acdiate preservation of the public peace ,
hoalth , and safety and that chis Ordinance sha11 take effect and be in
force from and after its passafe .
"ay 3, 11x7
MICROFILMED
SATE OCT1
REEL97E��