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HomeMy WebLinkAbout52aR E 3 0 L U T I Iw . TH AAAS, there will be due on hovember lst,1918, bonds of Pub lic Perk Impr ov ement D ist ri et No. 2 in th e amo ant of 0173, 000, and in the judgment of the Council of Pueblo said bonds should be refunded at the General City.lection in Novenber,1919, and WH AE S, t'pre are no funds available to the City of Pueblo f o r t h e present liquidation of said b e nd e d indebtedness, and arrangements have been made with the 2 irst national San! of Pueblo for the payment of said bonds in the hands of the present holders; and for holding s aid b onds as s eeurity f or the payment of moneys so ad- vane ed as hereinafter set forth; NO ?4 TH 3JO E ) BE W l AOL M 3Y T rim COUL`UCIL 01 M L 0 : That the agree- ment herztofore entered into between the Council of Pueblo and the First National Bank of .Pueblo for the i.ayment to the preselnt holders of bonds of rublic Park Improvement jistr_ict To. 2, due November 1 st, 1918, aM for holdirC said bonds as security for said payments until t ne same shall have bean r e f unate d , and for the cay me nt by the City of ,Pueblo of interest at the rats; of six per pent on all overdue bonds so held b the jirst lyational Bank of Pueblo, be and the same is hereby approved, confirmed, and ratified as of this date. I]R AODUC D October 28 ,1918, C �f Vy o mml ssi one .