1950 (#1282-1316) - Laserfiche WebLink

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thousand dollars ($475,000.00) be issued and sold for the purpose set forth in the bond proposition in the recitals hereof. Said bonds shall be designated FIRE DEPARTMENT BOND, 1950, shall be 475 in number, numbered 1 to ~75, in- clusive, and shall be of the denomination of $1,000 each. Said bonds shall be dated September 1, 1950, and shall be payable in consecutive numerical order, twenty (20) bonds annually on September 1st of each year from September 1, 1951 to September 1, bonds on September l, Said bonds 1973, both inclusive, and fifteen (15) 974. shall bear interest at a rate or rates to be hereafter fixed by resolution, but not to exceed four per cent (4%) per annum, payable semiannually on the first days of March and September of each year. Said bonds and the interest thereon shall be payable in lawful money of the United States of America at the office of the Treasurer of the City of Santa Ana in the City of Santa Aha, California. Section 2. That the executive of said City, to wit, the Mayor and President of the Board of Trustees and Council thereof, and the Treasurer of said City are hereby authorized and directed to sign all of said bonds by their printed, lltho- graphed or engraved facsimile signatures, and the City Clerk of said City is hereby authorized and directed to countersign said bonds and to affix thereto the corporate seal of said City, and the Treasurer of said City is hereby authorized and directed to sign the interest coupons of said bonds by his printed, lithographed or engraved facsimile signature, and to number said interest coupons of each of said bonds consecutively. Section 3. That said bonds and the coupons for the interest thereon shall be issued in substantially the following form=