HomeMy Public PortalAbout20231205092032371OF THE CITYO Yom. R H I N E LA N D E R,
At the adJ ourne5. meeting cf
ch 1906.
non Council held on the 8th day of
The following Alderman. present: Anderson, Barnes,, Caulikins, Johnson
ri.1 , Peeor, Roepcke, H.Roepcke and smith.
The President of the Council C.H.Roepcke presiding.
The follow Ordinance was intraduse:l by A1ct.Roepc:ke:
AN ORDINANCE FOR TJi eISSUE CF
STI'e T IMPROVEMENT BCN➢F; OF THE
CITY OF RHINELANDE'R, WISCONSIN; AND TO PROVIDE FOR TIM LEVY CAF A TAX TO PAY
THE INTER.R'ST AND PRINOIPAL OF SAME.
WHEREAS, The i3oarci of Public Works of the City of Rhine° ander entered
into a contract with The Concrete Construction Co. to nacadamiae ar and1 irnprov-c
the followin streets in, sa.icl Clt , to wit: Anderson street from Brown street
to Pelham street ; Kin street from Pro t street to Stevens street: Rives str.
Brown to Stevens street; Stevens street
venport to Frederick str.
street f"'rcrn Rives to Frederick street; Thayer street from to ',Soo',
Railway tracks to High street; Pelham street from Mercer to Newbold street;
Davenport street f"roar the Chicago and NortheTestern I aiiway track, to the
bridge and all intervening street inte rsections; and
WHEREAS, the contract price for macadamizing and irnprovin said ,tree
amounts to 017,342.75 and
WHEREAS, the City jai' Rhinelander has not sufric ent funds on hands to
pay the cost of the macadamising and irr2proving of said streets;
TH RFFORE, The Commcn Cotunc .i of theCity of Rhinelander, Vrisc risin
do Ordain as follows:
Section 1 . - That for the pnee7ose of
the east c;:
vir the said mentioned streets in the City of Rhin
and irrpro-
eonsin, the
negotiable coupon bonds of the said City are hereby ordered issued to the
amount of 9,00O,o^o.
Said bonds shall be Nine (9) in numbers, numbered from, One
(9) inclusive, and be of the denomination of One thousand Dollars O 1C T .00 )
each. Said bonds shall. "be dated June Ist 1906, and shall become due and pay-
able as foliws:
Bonds No. 1 to 3. both inclusive, on March Ist. ,I9 5;
Bonds No. 4 to 6, both inclusive, on March Ist., 191 ;
Bonds No. 7 to 9, both inclusive, on. March Ist. , 1917;
shall bear interest t the rate of five per cent ) per annum, payable.
semi-annually on the first days of March snd,.
+r in each year as
evidenced Coupons attached to said Bonds, and both principal and interest
of sakd bonds shall be payable at the Corn Exchange National Bank in the Citl
of Chico o ILbinois .
. Seet:ion 2.- Teat the said bonds and. the :o zp ans ti ereto attached stral,l be
substantially oaf the following forms, r *specti rely, to wit:
(FORM OF BOND)
UNITED STATES OF AMERICA.
STATE OF 1TISC0NSTN COUNTY OF ONEIDA.
CITY 01' R,iHINELANDER
STREET £I:PR0VEMENT BOND
COUNCIL PROCEEDIN GS
0I000.0 0
KNOW ALL MEN BY THESE PRESENTS:
That the City of Rhinelander , in the County of O neida and State cif "Ji
sin acknowledges itse lf to owe, and for the value received, hereby p roini
to pay to bear er the su m of One thousand Dollars (x I , OOo . ac) lawful mon ey of
the United Sta tes of Ante rioa, on the first day of Earch A D.I9 , together
with interest on sa id sin from the da te hereof until paid, at th e rate of
five per cent (50) per
paya ble semi-annually en the first days of
March and September in e ach year, upon presentation and surrender of the
coupons hereto atta ched as they severally become due; both princ;f: 1. and
raa 1 Bank
d with
interest of th°are her by made -payable at the Corn E xchange Na
in the a o Illin ois, and for p rompt payment of this
interest at rnatu ri
hereby irrevocable pledged.
This bond is issued for the pur pose of pr oviding funds for aacadar i ins
and impr oving certain streets in and for the use of said. City, in all respects
in. full cornpli. ance a ith the provision s of Section 925 -I33 of the Re vised
Statutes of Wisconsin for the year 1398, and all acts s srendatory the reof
and s sp lerne ntal thereto an d of ordinances duly passed by the Common Council
of the City of Rhinelander.
And it i s fur ther certified and r ec .fed float all acts, conditi.. ns and
n --
full faith, credit and resources of said. City are
thin gs required by the Constitution and
done preceden t to and :gel the issuance
f the State of Wisconsin to be
bond, have been properly done
happened an d been performed in r egular and d. e form and time as required_ by
law an d that the total indebtedness of said City in Ina this bond does not
e xceed any constitutiona l or statutory' 11
and that pro visions
neve been made for the coilecti.on of a direct annual ta x upo n all the ta,xabie
proper ty in said City sufficien t in amount to pay the i nte rest he reon as it
falls due an d, also to pa y and discharge the p rincipal he reof at maturity.
In wittness whereof, the said City of Rhinelander by its Common
Council has caised this bond to be
by :its Mayor and City Cleark, sealed
with its corporate seal and the interest cou ons hereto attached to be
exeecuted with the original or lithographer d fac simile signatures of the
said Mayor and. the City Clerk, this first day of June, A . D .1'906 .
No.
(FORM OF OOU'ON )
0
o . $25.00
On the fi rst day of , A.D.I9 , The City of Rhinelander in
the County el' Oneida and. State of etisc onsin, promises to pay to the bearer the
sum of Twen ty Five Dollars (I25. ) lawful l r: oney of the U nited States of
Ame rica, at the Co rn Exc hange National Bank in the City of Chic ago, Illinois
for the semi-ann ual. intere st due that date on its street imp rovement bond,
date d June Ist . , 1906. No.
y C. lesrk.
Mayor .
0
HE CITY OF RH
ELANIER, WIS.
TI°"
Section a That the said bonds shall be signed by the Mayor and the
City Clerlt and sealed with tare corporate seal of the City, and the interest
coupons shall be excecuted by the original or lithographed fac simile signa-
tures of the said Mayor and City a Clerk, and when so excecuted t e said bonds
shall be delivered to the purchaser thereof from the City Council and the
proceeds derived from their sale sl al.l be used solely for the purpose for
which they recite they are being used,
ection 4.- That for the purpose of
Lng the first inst a'
of
interest can sale. bonds which will accrue on Sep. erxber Ist. ,I: 06, there is
hereby set aside out of theth general fund of. the Cit y he sun of II2.50 .
That for the purpose of providing funds to pay the _interest acc:r ing on
said bonds in the years of 1907, 1003, 1909, 1910, 1911, 1912, 1913 and 1914,
amunt inp in each od said years to 1450 . oo and in the aggreate
.00
there is hereby levied in each of the years 1.906, 1907, 1903, 1909, 1910,
1911, 1912, and. I913, a direct tax on all the taxable:
for each of the ;said years su.ff cient to rare t 3e sum of r450,00 in each.
and every one of said years, in a, action to all o City taxes.
That in order to meet the interest on said boneis accruin, in the year
I9I a, amounting to 375.0e and to pay the $3, 3,`;:: ..00 of bonds falling due
Maro:a. Tat 1915, there i.s :ereby levied in. the year 1914 , a direct ,.a.x. on 11
the taxable property in said City for that year suffi.e let' t to .raise the sum
of a3,375.00 in addition to all other City taxes.
Ttat in order to meet the interest on said bonds accruing in the year
1916, amount1
Marcl Ist. , 1916, there is hereby levied in the year I915, a direct tax on all
the taxable prope
. oo and. to pay the 3 , 000 . oo of boade falling due
said City for that year suffi ent to aise the
sun of 3,225.00 in addition to all other City taxes
in order to meet the interest on said. bonds accruing
1917, amounting
City
"75 . oo and. to nay the $3 , 000 . oo of bonds falling due March
1st . , 1917, there is hereby levied in the year 1916, a it ect ta.x on, all the
taxable carol rty in said City for that year steficient to raise t? e sum of
$3,075.00 in a edition to all. other City taxes.
Said annual taxes shall be extended upon, the tax rolls and coil.eoted
in the same manner, by the same of'fi.ciais and at the save time,as the taxes
for P,general City purposes
years. And when so cone
teride, and collected in each of the said
ch taxes shill be set apart irrevocable for
e payment of the interest and 1 rincipal of the Street Improvement Ponds
rein above provided for when and a.s the same mature.
ection 5.- That all ordin
its of Ordinances i. . conflict
with the provisions of this ordina'ice, be, and the sane are hereby repealed.
Section .® That this ordin=nce
'ect ° d be in full force
aria effect fro i and after its passage, approval and publication.
Offered by A lderaan C.H. R epc} e.
Moved by Alderman Alderson s=: onded. by Aldermen Morrill that the d.inaaa+ce be
deferred and order d published and will come up for final passage at the next
regular meeting of the Council April 3rd 1906 .
ar`ried,, all voti aye.
COUNCIL PR O C DI
( s
The follo win, ° resort
a
calved by the Mayor an d Common
1 of the City of Rhi nela nder
That thr e Ar chlignts be instai.ied at the following plac es. in the rd. ward
One a. t the Corner of Phillip and Mill streets, one at the corner of Lake and
Mill street and one at the Junction of Rib a nd Lake stre et
Offered day Ald. F. Pec
paid resolution eras upon motion re ferr ed to Board. of Public Works,
he follow ing was read:
To the Mayor and Common Council, City of Rhi nelander.
We, the under signed C 1
Body to exten d the Waterworks from . Door avenue Fast one block to Randal ave.
on Kemp street. Sign ed by :Otto Kr antz and others.
Swirl pe tition r eferred to Roar: of Public Works .
Repor t fr om the Commit tee on City Buildings, to whom was referred the
rraatter of re vising the plans and specifi. at:ions fo r the new Hose hous e, as
xpayers petit.ic)n your io norable
made to the Council, and was such plans and specifications upcn, motion, of
Alderman Larn e s
Co amittee:° an . the
for the eree tion
conded by Alderman Anderso n accept s i as revised by said
Board of "ublic s instructed to advertio, e f'or ids
f such building.
Upon motion Coun cil ad.jaurnea.
C v Clerk.