HomeMy Public PortalAboutORD05007 142
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A1,11 0111"T Al"CE P!1,OVT!-)I:.G 11'0 i1.1d,T' G 0"' T!!11" 1-:1,5T OF IAlx'T `)TIC 1-,',T
,E'TWEEI: 11T(11T i'T,,T A, D 1"I'T.
'AE IT ORE)A1:.,E,D -Pr TIT,`,' CO1.717CIL CIF CITY OF jii�:Fj`t•,RSO'•,
MISSOURI, AS FOLLOWS:
Section 1. Ilereaftor It shall be unlawful for a;,ty person
firm or corooratiun, to oark any automobile, triick, wagon or 07, ir
other vehicle on the cast side of "art Street between 111gh Street
and IlleCarty Street.
Section 2. All ordinances or parts of ordinances in con-
flict herewith are hereby repealed.
Section 3. ' his ordinance shalltake effect and be in force
from and after its peas;age and approval.
Passed Jan. 12, 1948 Approved Jpn. 12 1948
J. T. Blair. Jr J'. T. Blair, Jr.
7r—o'sident of the LjouHbi_1_ 14 a yo r
Attest:
Henry Vi. Ells
ity Clerk
#5007
AN ORDI11AYCE DIRECTING THE ISSUANCE OF BRIDGE BOIiDS
OF THE CITY OF JEFFERSOET$ COLE CO-01,7TY, MISSOT-1111t Il',
THE PRINCIPAL AlirOUNT OF TINO HU1"DRED TWEi•4TY-FIVE TTTOij-
SAND DOLLARS (1!'225,000) TO PROVIDE FIJI,-,,DS FOR THE PUR-
POSE OF C07STRTICTING TWO BEIR BRIDGES oil-; lvL''EIST TTI(1rH
STREET !E SAID CITY OF JEFFERSON, TO REPLACE THE FFES-
E'l.'T BRIDGES O1q SAID STREET, ATTTTTORIZED :AT AN ELECTT03,T
'FIELD I1J., SAID CITY 011 THE 25TH] .DAY OF E'OVEYBERV 1947;
PEESCRIBIlIG THE FORM A,' D INCIDE11TS OF SAID 301IDS9 AND
PROVIL'11;G FOR THE LEVY OF AN ANNUAL TAX SUFFICIENT TO
PAY T11jJE 11,JT- REEST ON SAID 30NDS AS IT ACCRUES Al"D TO
CO17STITUTE A Sr,-.KIIIG FITIND FOR THE PAYMEITIT OF THE PRIN-
CIPAL T-1-TEREOF AT VATTTRITY.
0;'HEREAS, the City Oouncil of the `'ity of Jefferson, Cole
County, Y4ssouri, by Ordinance No. 4991, duly and regularly adopted
at a meeting of said City ,ouncil 1-1eld on the 27th day of November,
1947, and approved by the Mayor of said City on the 27th day of
October,, 1947, did direct that there be submitted tc the quilified
voters of said City at a special election to be held therein on the
25th day of November., 1947, the following propoqitionj among others:
PRO20SITIO1.1 1.10. 1.
SlIall the City of Jefferson., (;Ole o-unty, 1:Iissourip
i-ne'Lir m indebtedness in the mount of Two Hundred
Twenty-five Thousand Dollars ($225,,000) for the pur-
pose of constructing two new bridg
,es on West High
Street in the ity of Jefferson., to replace the present
bridges ia I
,es on se street, ad evidencing such indebted-
ness by the issuance of bonds of said City in said mount
for said purpose?
I
and
WHEREAS, the said ordinance did direct that said election be
held in all wards in said City; a:,fi
VIFLE'EAS, due and ref.-,ular notice of said election was given
as directed by said crdinance nnd as required by in%,j, by publication
in the Daily Capital -.ews'. a daily newspaper published a-d of
general circulation in raid City of Jefferson., and said newspaper
having been previousl-
y adri:itted to the post office in said City as
second class riatter and having been published rer'ularly and consecu-
tively for a .,)e-riod of more t',an throe (3) years prior to the first
R
)
prnhIlratIon df r,ai.d not.i.r,e, Lily: r,n1.(.-I i r 11 i avinC n. IIst o
bona 1'1do c1;5:01 Lhc;rs va .-n �li;fxil.l;,* �rn•°n ed ns ,;lich, eri• o lnnvo !),,)Td or
tvroed to -ptr n ;,Inked rtcc•, for -Jt1cn thovoto I'or a definifib
,)crtod o.i' time, and wl,. ch : n.i.d t,oti.ce vrr!s pu?+lished in ,aid MAYS-
paper on the 31st da-; of Gcto.)er, 1047, nnci on ti:e 7t1,, 14th and
days of :.ove^ her, 1:+47; "Ind
b'diil,:tUAS, said notice was p>iblished in said nevrs )arner once n
week for four (4 ) consecutive creeks ,rior to tte date of said
election, the first of said publi.cat.i.ons in said newspapor l:avinc°
oecured at least twenty-one (21 ) clays bef ore n;;d tho last publication
within two (2 ) weeks of the date of said election; and
AOk itiITI fi:SAS, the rdr•cs and clerks of said election were duly and
re ularly a)pointed ai:d did c c::iCuct said elect'lon. on the 25th day of
v_mUer.9 1947, in the manner ,nd for, as regi fired by law; and
W.11T REAS, the ballot lased at said election in voting on the
aforesaid proposition, arson;: others, eras in substantially the form
set out in the aforesaid Ordinance ::o. 49Pl; and
:ICI:itL.AS, the ud,-es aaC clerks of said election did, irrnnediately
Upon the closin3 of the oolls on sai (( QW- day of TroVember, 1047, make
ouut, certify nnci tra.-:snit to the ity lerk the returns of said
election; and. c
WHEREAS , the City Clerk did , on the lst_6a7r of "euember, 1947,
transmit saidr•eturns of said election to this City Council; and
l T,L`.REAS, ti..iis City,* Cot7ncil dial, on said 1st day of December,
1247, canvass the said r etu rns and did then find and determine and
doss now again find and deterr:ine that there was cast on the afomaid
ropo sition '_"o. 1 an a;r-rre-ate of Dour Thousand Six Hundred Seventy
(4670) __ votes, of which Three Thousand ''ix T•Iundred. Forty Three
3643 votes were cast i{'CF: IL:CI. -f..SL OF I;EBT-`.r1�S and One housand
Twenty Seven (1027 ) votes were cast "FOR TI�TC:1-ii'ASL' OF I:'?,,3T-NO",
Arid that -aid prop•_�si�;ion was; therefore; assented to by,•a_maiority
of more- -than two-thirds. of the qualified voters of said Ci't�,* voting
at said election on said proposition; and
?.RhAS, the assessed valuation fo t a._a`)le ta.r Mible pro )erty with
in the corporate li,• its cf the Oit,r of Jefferson, as aseerta'.ned by the
assessment for state and county purposes rr.ade as of January 1, 1040,
and being the last cor aleted assessment r.,ade :)rior to the 25th clay df
November, 147, .was l ifteen T.`illi.on, y our Pu.ndred Seventy Thousanc'.,
Eleven Dollars (yr15,47C,011 ) ; and
'?jI-_i:.SAS, the ifi,r of �ef.ferson, Vissou.rl , on the date cf said
election, to- wit: on"thr 25th d.py of :.overnber, 1547, had the following
outstaridi: � b-,nded inc-ebtedness:
DATE OF ISSUE 2 1,'R?CSE OTTTSTAi;I;I!:G
September 1 1030 Ilefl,ndirn: 5 OC;O
41u.ne 1, 1931 .jU& i„ nifb -�Funding 20;loCO
Pray i., 1034, - Improverient 38,CCC
March 1, 1035 Ref>>nding 37,000
July 1, 1940 Idire Lepartment 19,OCC
September 1, 1944 Airport 1n5,000
August 1, 1946 Street Irnrpovement 156,000
dotal _,,;46_O.9 000
ar:cl on said elate Had nf_. other in('e..)t- dness outstanding, r;ither bonded
or floating; and
'JTTI:RI.l�S, th ; amount of bo,:ds authorized at said election, to-wit :
i roposition I'o. 1 - '?r`doe "'odds. . . 225Y O00
l ronosi Lion IIo. 2 - _'ublic :'ark 3onds. . . . . . . 15C 000
-'reposition I'o. 3 - '10)_'I is i'ar'•r onds. . . . . . . 6O,CCC
Total 435,000
tof;et'hcr alth all other inOobtodness of ..^aid City, did not on said
1,44
215th day of i)vembor, 15',47, nn(' does not 110w nxcnr!cl nn,; 1. r it of in-
debtodnesc pronor.l loci llndt-r the r:n.: Laws O)f the "tote
of 1Wissouri; and
RI;AS' the City Council of the Cit,T J' �ofl'nrs•on, I�'issou.ri , in
now authorized by the Laws of the sal. 01 °true to i. :;:;>>o bonds of said
City in the amount of Two llundred Twenty-five Thousand -ollars (.Jp225, 000 )
for the nurpose of constr.actinf two new br:idCes on "Jest 'Hi .,h ~'treat
In said City of Jefferson, to replace tho ;resent bridges on said
street; and
WHi_REAS, said city Council Is row desirous of of making pro-
vision for the issuance of said bonds;
i'01'J, Ti'I it;',F'Ultli, L: I`1' '_ RDA- 'LD 5'I TIiI,' COI;i;CIL Q1' `r'1�h_ (:IT':' OF
JEF'PERSIO'", M..ISSOURI , AS FOLL�_.tS:
SECTIOI) 1. That:.there are hereby authorized and ordered to
be prepared and. irsuod., bonds of the City of Jefferson, M.- ssouri ,
in the ar,oi:nt of Two I'undred Twenty-five Thousand Lollars (6,225)000 )
to provide funds for the purpose of constructing two new brid ,es on
West High `'treat in said City of Jefferson, to re )lace the ;)resent
bridges on said street. Said bonds shall be of the denominatio: of
One Thousand Dollars (' 1,000) each, shall be numbered from one (1 )
'to Two Hundred Twerity-five (225) , both inclusive , shall bear date of
February 1, 1048, and shall bear interest at the rates per annum here-
itjbelow set out, _payable May 1, 1948, and semi.-annually thereafter on
Movember lst and ray lst in each .Tea.r uiiti.l the principal of said bonds,
respectilvely, shall have been fully paid.. ?ro ided, however, that
the final interest coupon on the bonds nunber. ed Two Hundred Seven (207)
to Two Hundred Twenty-five (225) , both inculsive, representing interest
due February 1,1968 shall be �ayabl.e on said date. Interest accruing; on
said bonds on and prior to riaturity shall be ?ayable upon presentation
and surrender of the interest coupons to be attached to said bonds.
,moth principal of and interest on said bonds shall be payable in lawful
money of the United Statr s of America 'at the office of Hr lsey-Stuar. t
E• Company, Inc- , in the City of hicago, State of Tllinoi:s, or, at
the option of the holder, at the office of said Company in t,:e City
of Eew York, State of "ew York, "he said bonds dmall be executpd by
the signature of the 11,,yor of said City, under the seal of baid L'ity,
attested by the signature of the City Clerk and the interest coupons
'to be attached to said bonds s�_Zall be executed by the facsimile sig-
nature of said City Clerk, and said bonds shall mature, without
option of prior payment, in the amounts acid at the tliz,es hereinafter
set out, and shall bear interest, as follows:
3Qi:1;. l+tl; ;'':1�5 1 ATL O1, T_. TT1,It7 ST A!l:0I_1•IT I';:ATURITY
1 to 9, Incl. 1-' 8 9,Occ M.ay 1, 1949
10 to 18, " 1---'.; , 9.4.000 I ay 1 , 1950
19 to 27, " 1-2% 9,000 lay 1 , 1951
28 to 36, " 1-210 9,000 May 1, 1952
37 to 45, ,► 1_ 9,CC0 May 1, 1953
46 to 54, " 7 -N;° 9,CC0 L. ay 1, 1954
55 to 63, " 1-u 9,CCG May 11 1955
64 to 73 , 1-'o 10 000 L'ay 1 , 1956
74 to A3, " 1-;'.,;'� 10,UUc Il'ay 1, 1957
P4 to 93, I,'ay 1 , 19513
94 to 103, " 2 u 10,Occ 1959
104 to 113, " 2;1) 10,UCc t`..ay 1, 1960
114 to 123, ►' 2".) 10,Gc+ 1961
124 to 134, Incl. 21301 r11,0CC ki,a-y 1 1962
1755 to 145, 2j,, 111000 Bray 1.0 1963
146 to 156, 2rl0 11,000 May 1$ 1964
157 to 167; 2,1 11P000 1"I ay 10 1965
168 to 179, it 2rp 12P000 Mlay 1.9 1966
180 to 206, 20 27$GCO iVlay l.. 1967
207 to 225, 20 19.9000 February 1, 1968
SECTI ,)N 2. Lhat the said bonds and the interedt coupons
ev " dencing the interest toaccrue thereon shall be in siibstantially
the followir;g form; to-wit:
1MITED STATES OF ANIERICA
STATE OF YISSOURI
COMITY OF COLE
CITY OF JEPOFERS011
a/
0
BRIDGE BO1JD
11TO. $ly000. cc
The ity of Jefferson, Y Cole County, .
k
Issouri acnowledgbs-
itself lndeEted.ness, and, for value received, promises to pay -to
bearer the sum of
0].-E TFOTJSt_VD DOLLARS
'I'l. interest thereon
.000. 00) on the first day of 1,,Iiay, 1�-
with
from the date thereof until paid, at the rate of
per contum per annum, payable 'May 1, 1948, and semi-
annually thereafter. on thereafter on November 1st and "lay 1st in
each -year. Interest accruing on this bond on and prior to the
maturity date hereof shall be .)ayable u.)on presentation and sur-
render to the attached coupons as tht-y severally become due.
--- ----------------------
(In bonds numbered 207 to 225, both ,inclusive, the first
paragraph shall read substantially as follows:
The City of Jefferso:-,J, Cole County, Missouri, acknowledges
itself indebted end, for value'recelved, hereby promises to pay
to bearer the stem of
03,E THOUSAIND DOLLPM
Ga
V ,C00.00) on the first da-,, of February, 1968, with interest
thereon from the datc, hereof. lentil naid
, at the rate of two per
cantum (21,'J') por annum, payable i-ay 1, 1943, and semi-annyally
thereafter on l.ovember 1st ai.d "'ay Ist in each year,, except that
interest due on the niaturity date hereof shall be paydble on
February 1, 1960. Intbrcst accruing on this bond on and prior to
the maturity dato hereof shall be payable u.)on presentation: and
surren.dor of t he nttached cotipons as ti-i0y severally become due.
Both principal of and interest on this bond are payable
in lawful i! oncycf the United estates of America at the office of
Halsey- Sturat F- Co,.iipany Tne. , in the City of Chicago, Itate of
Illinois, or,, at the option c,f the holder, at the office of said
Cot,ipany in the ity of .,ew York, 'State of slow York, and for the
T)rompt pa7micnt of th.ii n bond ri-A the lnt(:r(�st thereon tip, and whon tho
Saitic 1111atures and accrues , the full falth resources
%.j ourc s
of the City of Jefferson Cole ount,7, I'Assoilri, are hereby ir-
revocably pledged.
This bond is one of a sreies :f like date, tenor mid effect,
except as to rantibor, rnte, of interest a;id date of 'waturity, numbered
from one (1 ) to Two iiiindrod Twenty-five (225) ., both is e=lusive ,
agr,,rer,,ating the sum of Two liun(:ved Twenty-five Thousacd Dollars
($�25_000),, issued by the City of Jefferson V..tss...-uri to provide
funds for the :)ur•)ose of constructing two new bridles on 1'dest 1-11 h
Street in said City of Jefferson, to replace the )resent bridges
on said street, under authority X Articles 5 and 11 of kjhapter 38
of the Revised Statutes of Missouri for the year 1.9391, as amended,
avid of an clecticn duly called rind held- in said City on the 25th d
day of V.,'ovember, 1947, whereat more than two-thirds of the votes
cast were in favor of the issuance of this loend and of the issue
of which this bond is one, mt-id by further authority of ordinances
duly adopted by the Q ity Council of said City.
It is hereby certified aild recited that all acts., condi-
tions and things required to be done , .precedent to and in the
issuance of this band, have been done, have ha!-)'oened and have been
performed in regular a,id du.,- timie, form and iianner, as required by
Law; that a direct co,-itinu�ng annual tax upon all of the taxable
tarigibleq-property in said ity has been levied R;W for the payrie-1-it
of the -,rincipal pf ,,nd intorost on t1his 'bond; F-iiial that the
-total indebtedness of said City, including this bond and the issue
of which its is one , does not exceed r).iq statutory or enstit-Litional.
li.r."it.
- ITT TESTIli0iff 1e-71-1EREOF1 the City of Jefferson, in the State
of Y. ssouri , has executed 'this bond by causing it to be sir
Cied by the
Mayor of said City, under the seal of said City, attested by the
City Clerk, and has caused the aniiexed interest coupons to be ex-
ecuted by the facsimile sicnature of said City "'leric, which sirTnnture
the said city Clerk, by the' execution of this bend, adopts as and for
his own proper signature, all this first day of February, 1948.
CITY OF
BY
A"OTLST T."', OR
City Clerk
(FORMI Ol,' COUPOIT)
On the first day of the City of
Jefferson, Cole County, L'., ssouri, promises to pay to7 bearer
in :awful money of the
United States of America at the Office of Halsey-Sturat & company,
Inc. , in the City 60 Chicago, State of 'llinois, or, at the o-.)ticn
of the holder, at the office of said Company in the C 'ity of
1%7ew Yor];., State of 1,ew York, beij -q int, r'est due that date on its
Bridge and dated February 1, 1048, and numbered- - .0
CIT'_" OF JEF?RRSON, T�: ISSCT)'Ri '
T_1T11f CITIIT
Interest coupons due "lay J , 1048, to be attached to each
bends nim1bered 1 to 939 `)oth incl-Li-ive., shall be payable in the
amount of ti,,;3.75 each; all subsequent seind-annyal interest coupons
to be al 4-ached to said bonds s}
gall 1� all be payable in the amount of
:!"7. 50 each.
A
Intorest coupons due "'n:', Is 1010, t(-- be attached to 16 gads
iv,':nbered 04 to 2:1`5., both inclunive., shall be -) nyablo In the r,''ount
of each; a ; ; sub=sequent soni-nnnunl int'c-rest coi.ioons to be
attached to said bonds shtill pa;
able In the Vz:.o,.. nt of 10.00
eac h, %,.'Ith the 1,1111
e,i,r,I,;i coil )o n,,.,, t 1- 0
attacl,,cd to !)onds rel)ro t.olit-
inC, intr�reqt clliie 1 , which ;,c ny ol)1 o I n tho
al-lount of %5.00 each.
,.,I.0I0:7 3. Tj),-,t I :chid d n(I s 7I- 11 1 a v 0 been
n
executed r.-, I-Inre.Ln'beforo t1irected, they shall c proSei.ted to the
"trite Auditor of for flz,ld each of cald bonds
shall have o. (Ior!-
e(I the reverse t,-,,(,roof v i,c(,:1.,1t-,ration certi-
ficate of ,.,,aid State JiudJ.tor In substl.jtially the followinC form,
to t
STAT!" OF FIS301,111)
ss.
CITY 010
I , Porrest "tatc Auditor of J,'J-ssonro., do hereby certify
that all the coii6l.ticns of t),O.L,-,ws of the State of YIssouri have
been complied ,.Ith in tho is-li.irance of the %•.,ithin bonds, and that all
the c�=]Atio s of the contract i1nner which it was ordered to be
issued have been complied with, a,-,,d tl,at t*11e evidence thereof is on
file in i7,y offJ-cl,!,,; end I further certify that this bond !ins been
duly reiTistered. in -my off.i.ce in compliance with the Laws of the
State of Missouri.
I have hereunto sct inyhand and affixed
the seal of i-..iy office in the Uity of Jefferson, -this
dnr of 1948.
BY State l:uditor
Chief lerk
SECTION 4. That for the purpose of providing for the payment
of t'.'-,e principal o*f and the interest on said bonds as the same shall
respectiluely mature aiid accrue ,, there shall be and there is hereby
levied a direct continuing, annual tax upon all of the taxable tan-
gihle property within said City of Jefferson, sufficient after due
P
allowance shall have been ,-.ade for the expenses of collection M
delinquencies in the p a�..-,nent of taxes, to ')roduce in each of the
years 1948 a.:.d 1968,, both incli.irl.ve . the followinr, si.ims for ,)rin-
cir)al and interest,
y1l"AR OF 111.,Vy FOR PTI117CIPAL ;' FOR IfITI-M-ST TOTAL
1cV148 1948-.1949 N 25000 p6,993.75 ti 15 3. 775
1949 1950 el 0010 31832.50 12,1-,,:)2. 50
1950 10:51 9JqGO0 3.9697. 50 12,697.50
1951 1952 91 GOO 3,562;.50 12,662. 50
1952 1953 9,000 31427. 50 121427. 50
1953 1954 9,:000 3.9292. 50 12,292.50
1954 1C;55 9. 000 31157. 50 12,157.50
1955 195'6 10.9000 31015.00 13,015.00
1956 1957 101C00 2YP,65.00 12.9065.CO
1957 1958 l01000 2.9715.00 12,715.00
1958 1969 10,000 2.9540. 00 12,540. 00
1959 1960 10,000 2 -0.00 12,340.00 k,
1960 1261 10,000 2114C.CC 12,140.00
1961 1062 11,000 10230. 00 12,030.CG
1962 10.Z3 11 ,00C 11710. 0c, 12.9710.00
1963 1 C?(64 11100,01 1 $490. 00 120490. 00
I.064 10,65 illocc 1$270.00 12.92'70.CC,
1965 10616 121000 11040.OG 13,040.00
1966 1967 271(.1100 650.G G 27,650.CO
1967 1;;68 101000 00 19PC95. 00
And provision to i-! cet the requirements of this ordinai ce sh-11 ha in. due
time, .Banner acid season annunll-,,,,- be nade ,