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ri ,7. - ''1--, 11 , , <br /> m': <br /> ;'D; € ORDINANCE NO 68 <br /> 1 <br /> • AN ORDINANCE authorizing the issuance <br /> i. o $31,000 Sewer Bonds and providing <br /> for the levy of taxes to pay the same . <br /> * <br /> il <br /> ''s. ` i WHEREAS the Town of Tiffin (also known as the City of <br /> `: ;! Tiffin) , in the County of Johnson. and State of Iowa, heretofore, pur-4 <br /> 1suant to and in strict compliance with all laws applicable, lawfully <br /> 'i <br /> 1� .-: -Y± €`• ordered, and provided for building and constructing a sewer outlet, <br /> illand purifying plant in and for the Town, the cost whereof to the <br /> ' amount of Thirty-one Thousand Dollars ($31,000) , is to be paid by <br /> il <br /> , !' l Psaid Town as a whole by the issuance of bonds ; and <br /> ii WHEREAS it is necessary and advisable that provisions be <br /> l! made for the issuance of such bonds at this time and notice and <br /> jlhearing on the initiation of proceedings for such issuance has <br /> i¢ heretofore been given in manner and form required by Chapters 23 <br /> land 408A of the Code of Iowa, and no petition nor <br /> protest has been <br /> E <br /> filed, andno petition has been filed requesting that the proposi <br /> ii <br /> di- <br /> s tion of issuing said bonds be submitted to the voters of said Town; <br /> i 11 NOW, THEREFORE, Be It Ordained by the Town Council of the <br /> it <br /> ,; Town of Tiffin (also known as the City of Tiffin) , Iowa, as follows : <br /> i # Section 1. That pursuant to and as authorized by Section <br /> 396 . 22 of the Code of Iowa, 1973, as amended, there shall be and <br /> ,& <br /> < ;; there is hereby ordered issued the negotiable Sewer Bonds of said <br /> 1,1Town of Tiffin, in the principal amount of $31,000, said bonds to b1 <br /> • 131 in number, be numbered consecutively from 1 to 31, both numbers <br /> li <br /> ,lincluded, .of:the denomination of-=$1000 each, and to be dated ,; <br /> ; December 1, 1974 . ' That 'the bonds of said issue shall bear interest <br /> f <br /> :1 from the date thereof at the rates hereinafter specified, such <br /> ,-u liinterest being payable June 1, 1975, and semiannually thereafter <br /> : <br /> rs , II <br /> I '~i <br /> lj • <br /> r <br /> ` <br /> t i r . <br /> is <br /> — — — -- <br /> a �- <br /> i <br />