An ordinance providing for the issuance of bonds for the improvement of the west side of Hamilton Street from Shelby St to Coil St in the Town of Broad Ripple, Marion County, State of Indiana and declaring an emergency

Whereas the final estimate and report of the Town Engineer upon the improvement of the west side of Hamilton St from Shelby St to Coil St in the Town of Broad Ripple, Marion County, State of Indiana shows that there is due thereon to J.M. Lackey, the contractor two hundred and one + 34/100 dollars ($201.34/100), and

Whereas this Board of Trustees adopted and approved said estimate and report on the 8th day of August 1904 and

Whereas it appears that the following named persons owners of the lots situated within this town set opposite their names herein given each lot or tract assessed respectively with the amount specified below have each signed and filed with the clerk of this town a written agreement promising and agreeing in consideration of their right to pay their respective assessments in annual installments, to waive all objections to any irregularity or illegality to such assessments. To wit: -

Making a total of $201.34/100, therefore

Sec 1

Be it resolved by the board of Trustees of the Town of Broad Ripple. Marion County, State of Indiana, that for the purpose of anticipating the collection of said assessments, improvement bonds be issued to the amount of (201.34/100) by this Town for the purpose of raising money with which to pay for said improvements. Said bonds shall bear the following statements. "west side of Hamilton Street from Shelby Street to Coil St." and shall be payable as follows: ten per cent thereof on the first Monday in November, 1904, and ten percent on the first Monday in November of each year thereafter, until the whole is paid with interest at five per cent per annum upon the unpaid part thereof, payable semi-annually upon the first Monday of November of each year until all is paid.

Sec 2.

Said bonds shall be issued in the name of the Town of Broad Ripple, signed by the Board of Trustees, and Town Clerk, and sealed with the corporate seal of said Town, but the signatures of said Board of Trustees and Town Clerk to the coupons may be lithographed or placed on with a stencil or stamp instead of being written and shall bear date of November 3rd, 1904, and numbered 14 and 15

Sec. 3

Whereas an emergency exists for the immediate taking effect of these resolutions, therefore the same shall be in full force and effect from and after their passage.