HomeMy WebLinkAboutOrdinances Book 9, Page 468, No Resolution NumberPage 468
A RESOI:UTION AUTHORIZING THF MAYOR TO SIGN
AND ACCEPT A PFOPOSITION FPOM ''.'ATTT%IR, YIOODY & HEIP+TFFDING ER.
BE IT RFSOTVFD BY TRk' BOAFD OF
COMNISSIONrRS OF THE CITY OF PADUCAH, KENTUCKY:
SECTION 1.
That the Mayor be and he is hereby
authorized and empowered to sign a proposal of ;'falter, Woody
& Heimerdinger, of Cincinnati, Ohio, for the purchase of not more
than Two Hundred Thousand ($b200,000.00) Dollars, or less than
One Hundred Thousand ($100,000.00) Dollars of Funding Bonds accordin
to the terms of said proposal, bearing interest at the rate of
51:a% per anngm, payable semi-annually, for the amount of said bonds,
but not less than One Tundred Thousand ($100,000.00) Dollars, nor
more than Two Hundred ($200,000.00) Dollars, to be determined
hereafter by the Board of Commissioners of the "ity of Paducah.
SECTION 2.
This resolution shall take effect upon
its passage.
Signed 11-
1-1
Mayor
Passed by the Board of Commissioners January 8, 1930
Recordedby Hunt Crossland, Clerk, January 9, 1930