HomeMy WebLinkAbout10-30 RESOLUTIONR E S O h U T I
WHEREAS, the City of Fayetteville, Arkansas, has been
authorized by vote of the qualified electors of said City to
issue $20000.00 negotiable bonds, bearing interest at the rate
of Six per centum per annum,payable semi-annually from date unt.
til paid, for the purpose of purchasing, developing and improv-
ing lands for a Flying Field,and is now about to issue said
bonds,
NOW, THEREFORE, be it resolved by the City Council of
said City of Fayetteville, Arkansas, that said bonds be made
payable to bearer, and be issued in the'denomination-of"Five,,
Hundred ISQllars ($500.00) each, and that the maturities thereof
correspond to the schedule of maturities set out in Ordinance
No. 723 of said City.
BE IT FURTHER RESOLVE® that the interest on each of said
bonds be represented by coupons thereto attached, and that said
bonds be signed by the Mayor and City Clerk in their own proper
handwriting, and that the interest coupons bear the facsimile
signatures of said Mayor and City Clerk printed thereon, and that
said bonds bear date of August 1, 1930.
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