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HomeMy WebLinkAboutORD NO 216 :' AN ORDINANCE TO A~EED oRDII;~ANCW. NO., 212 OF T}~ CITY OF ~]~IEID, AArP TO PROVID1~. FOR THE PA~,?,~I~T OF MUI~ICIPAL '~-~B~%FER.~-BQ-I~S AND'CITY HALL BOIqDS II~,~ LA~UL I~{O1,,~ OF THE UNITED '- STATES I}TSTEAD OF. IN 'UNII~D BTATES GoLD COIN." 1 . %~H~m%5, by Ordinance 17o. 212 of t~e City of Bakers- field, adopted and approved on the ~Otti day o'f July, 1912, the issuance of certain municipal bonds of said City was authorized ~.inc.luding Sewer Bonds to the pr.incipai, amount' of $210~000, and City Hall Bonds to the principal amount of,' OT'~0~000; and by said ordinance and the form of Said~ bonds therein prescribed, it was ordered that the principa,1 and' interest of sa'id bonds should be.payable in United States Gold Coin;' yet. been issued or. deliVered~ and the' purches'er 'of said bonds now requests that the principal .and..'i.n{erest .of said bonds be made p~yable in lawful money of the United St'ares instead of " GoId Coin; " " NOV~ TH~'ORE, ~he Board 'of Trustees of the City of Bakersfield DO ORDAIN aa follows: Section. One: That the form of Sewer Bonds and of .'coupons of Sewer .Bonds set forth in said Ordinance N°. '21~ of'the City of B~kersfield is. l~ereby altex'ed '~nd amended' by -. striking out of said form .of bonds and coupons ':the words "Gold Coin" wherever said woe-ds appear in said 'forms of Sewer Bonds and-coupon, and by substituting in plac:e of said 'words ................... a:O~.i$~tr.iC.ken., out-,: .the' words. "-lawful-':-money"-.~: -" 'i_ _, ~ .... ' ............ ~ ....... Section Two: That the form Of'City Hall bends and Of coupona of City Hall Bonds set forth in said Ordinance ~;o. of the City of. Bakersfield is hereby -.a~tered and amended by str~king' out of said form of bonds and coupons the words ".Gold.Coin" wherev'er, said words appe$.r in said form:-~'o'f .City Ha['l bonds and coupons and by substitutin~ 'in place of said " ...... ..~-wo-rds~:s.o str icken out the words "lawf. ul m.oney# , · . Secti'on Three: That the principal and interest of said Sewer Bonds and of said City Hal'-lBcnds, ordered to be issue~.by.eaid Ordinance Nc. 222, shall be payable in'lawfuL money of the United. States ins.tead of United States Gold Coin, and that the said..Ordinance No. 212 .is hereby amended accordinEly, ~'nd in all other respects is affirmed. Section Four: ·That this ordinance shall 'take effect " i~mediately upon· i~s passage ~nd'.approval. · ~assed and adopted by the Board of Trustees of the City of · BakerSfield on'this..~th day of November ", 1912, by....the. ,following vote; .. Ay e s~NatlackTWll.1 i'ams-Dumble Grlbble · ' .' '.Noes-None Absent-Jewett Approved ' · Att e~$~u · of tho ·Board of Trustees of the City of. Bakersfield.