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HomeMy WebLinkAbout0548 AN 0RDIN~]CE ratifying, confirming and approving ~)EES, 000.00 Bre~erton %Tater Works Bonds aithorized by Ordinance ilo. 518 and by vote of~th qualified voters of said City at a special election held therein on Aufust,~ ~, 1915, ~n~der ~d pursuant to said Ord- inano e. ~ERE~%S, at a special election held in the $~ty of Breo~erton on August and pursuant to the provisions of Ordinance No. 518, th.e qualified electors of said. city authori~,ed the iss~;ance of ~. ~,. ,000,00 Bre:nerto~n Water Works ~ollds ~_... t]~e pur- poses in said ordinance set forth, and ~EF~AS, thereafter said city passed its Ordinance !~o. 544 prociding Yor the form details of said bonds and for the sale arid deliver~ thereoff, and ~AS, by Section 5 off sa~d ordinance it was ~-ovided t]at the interest coupons atSached to said bonds sheuld bear a lithographed facsi ~ile f t?e seal .of said city, WHEREAS, thereafter on i[areh 15, 1917, said bonds were delivered a~d the inter~;t ooupoils thereto ~ttached did not bear the facsimile of the sepal of said city, the same having been through i.~advertence and micra]ce in the preparation of said bon~s omitted therefrom, and 71F~i~AS, m~der the provisions .~f Zection 8'~:,08 of Eemin~tton & Ballinger's Annotated Codes and Ztatutes of ;:lashin ton, the City Cau:-lcil is vested w~t[~ower to pre~:~crtbe the form of such bonds and the r~nner in wh.~Sh the sa~-l~e shall be executed, NOW, Ti~EEO~ORE, the Oity Council of the City of Dremerton do ordain a~; follows: Sec. 1. That said bonds in the form in which the sa~ were delivered, and each a:~d every one o'f them, and each. and every of the coupons attached thereto, be and the same are hereby in all respects fully ratified, confirmed and 8pprove~i and h.e~'el:y declared to be valid tn all respects. Sec. 2. This ordinance sha.lJ~ be in full force and effect five days after its passage, approval and publication. Passed by ~:he 0i~;y Council in regular session assembled, and approved by me this 26th day of Hatch, 1917. ATTEST: Hayo r. uzty O l~'rk.