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Minutes 02/10/1953 (2)
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Minutes 02/10/1953 (2)
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2/14/2007 4:38:39 PM
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2/14/2007 4:15:24 PM
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City Council
Meeting Date
2/10/1953
City Council - Category
Minutes
City Council - Type
General
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<br />-- <br /> <br />.- <br /> <br />r- <br />"' <br />o <br />10 <br />'" <br />.. <br /> <br />'" <br />00 <br />o <br />"" <br />"2 <br />~ <br />P- <br /> <br />Q <br />> <br />" <br />Q <br /> <br />.S <br /> <br />" <br />'0 <br />-" <br /> <br />] ~~~ <br />z ~i! <br />~ i <br />,..; <br /> <br />i <br /> <br />o <br />o <br />~ <br />0:: <br /> <br />o <br /> <br />.~ <br />g. <br />U <br />Q <br />g <br />~ <br /> <br />s <br />'0 <br />~ <br /> <br />as may be necessary to submit to the qualified voters of said City a.t 3uch special <br /> <br />election the follO\ving question: "Shall the City of Martinsville iss~o its nego- <br />tiable bonds of tho aggregate principal amount of $620,,000.00, to finance the cost <br />of improving the Ci ty!s water supply system by (1) constructing a new wator <br /> <br />impounding reservo:ir and acquiring the real estate required therefor and connecting <br /> <br /> <br />such reservoir with such water supply system, and (2) constructing now water supply <br /> <br />mains or other improvements necessary to provide facilities for the distribution of <br /> <br />water, and (3) proYiding a garage and shops for the storage, maintenance and repair <br /> <br />of vehicles and for the storage of matorials, parts and supplies used in the opera- <br /> <br />tion and maintenance of such wator supply' system, in three builditlgs to be erected <br /> <br />by said City, such bonds to bear interest at not exceeding 6% per annum, and to <br /> <br />mature within a period of not moro than thirty years b _1ginning with the date of <br /> <br />said bonds in such annual installmonts as the Council of said City may determine <br /> <br />in accordance ydth law?" <br /> <br />Section 7. This ordinance shall take effect at the time and in the <br /> <br />manmr provided by law. <br /> <br />- <br />
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