HomeMy WebLinkAboutOrdinances Book 9, Page 192, No Ordinance NumberPAGE 192 a
AN ORDINf TCE REPEALING A11 ORDII?AIIC ; ENTITLED, "'AIT ORDIITA1
PROVIDING FOR AN 13LECTIOI .BY THE QUALIFIED ELE CTORS OF TIIE CI'iY OF
PADUCAH, KENTUCKY TO BE ILELD ON THE REGULAR ELECTION DAY, TUESDAY,
NOV-;:BER 6TH 1928 IN THE CITY OF PADUCAH, KIIdTUCla, TO DETER1,I2NE THE
Q,U.ESTION '.:FIL'THER THE CITY OF PADUCAH SHALL h UE AND STEL BONDS OF SAID
CITY TO THE ATJOUNT OF EIGHT HUNDRED THOUSP:ND (0800,000.00) DOLUlRS, FOR
THE PURPO£E OF COITSTRUCTING, BUILDING, EQUIPPING AND PUTTING INTO
OPERATION AN ELECTRIC LIGHT AND POI.TER PLANT IN SLID CITY, SO !'S TO PROVI
ELECTRIC PO':'ER AND LIGHTS FOR TIE CITY OF PADUCAH AND ITS CITIZ<NS ON A
FAIR, REASON.',BLE AND ECONOI„'ICAL BASIS, AND TO PROVIDE FOR THE PAYMENT OF
IIITP:RF.ST ON S'.ID BONDS AND TO CREATE A SITTKIITG FUND FOR THE PAYI�':NT OF
S!:ID BONDS ItTYITURITY° `,RICH ':'AS ADOPTED BY THE BOARD OF COI.IDTIc-IOI?I'RS
ON THE 6^1H DAY OF AUGUST, 1928.
BE IT OF.DAIM) BY TIrr BOARD 0 CCIFTTISSION':::RS OF THE CITY
OF PADUCAH, I'.ENTUCKY:
SECTION 1.
That an ordinance entitled, "AN ORDINAT?C ? PROVIDING FOR
AN ELECTION BY TIIE ';UALIFIT:tD ELECTORS OF ME CITY OF PADUCAH, K -7N UCKY
TO BE BELD ON THF R:-:GUL4R FT.,_CTION DAY; TUESDAY, NOVEMBER 6TH 1928 IN
THE CITY OF PADUCAH, K7WTUCKY,TO DETrR1IINH THE QU78TION ':-7IETHER THE CITY
OF PADUCATI SHALL ISSUE AND SELL BONDS OF :'AID CITY TO THE AMOUNT OF
EIGHT HUI'LRED THOU.•I.ND ( 800,000.00) DOLLI.RS, FOR THE =URPOSE OF'.CON-
STRUCTING, BUILDING, EQUIPPING AND PUTTING INTO OPERATION AN ELECTRIC
LIGHT :,ITD PO'.: R PLANT IN SAID CITY, SO AS TO PROVIDE ELECTRIC PO:7 R AND
LIGT:'TS FOR THE CITY OF PADUCAH AND ITS CITIZENS ON A FAIR, REASOI-ABLE
AND CONO:.'IC!:L BASIS, AND TO PROVIDE FOR TILE PnvldENT OF INTEREST ON SAID
BOIILS AND TO CREAT- A �1:'.KING FUND FOR THE PI:YI:Fv.NT OF SAID BONDS AT
I+If:T RITY� which was adopted by the Board of Uomm;ssioners on the 6th day
Of August, 1928•, be, and the same is hereby repealed.
SECTION 2, l
This ordinance shall take effect from and after its
Passage.
SIGIIED
—'�j—l--
PAS.`:r'-D BY THE BO ?:i OP CO:_' I�, IOIERS OCTOBER 1ST, 1928
RECORDED BY TTUHT CROSSL_SITD, CLERK, OCTOBER 2ND, 1928