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F�)i�.iblic Bwids Investi"i'ient Act. c'u h,,su i.isfunds ��'TI3�ljjj jibe Lised f6r_tI)g C rdjaise of
<br />bonds o�r wariants of the.Cfty i -. LL kied, h( oever that the
<br />gt a�!j ,ytt, yj 211, .. . ...... . ... ... M--11-1�14. I - —.-
<br />121 iCej,,)g!i jq[,said bs:,)nds qi�, secui ifles sl iall i,iot exceed flim markel value at tiiie ft� ne of
<br />ptil ai�id c' ti, '�i e-!' d i n, t e -ii! r'e',-S-,-t""j. Lr ... Q y"ded for in saidboiiiiis or semi�� Mi!m, gind
<br />. ......... . ....... . . .... ---,Lil(
<br />lm ii lmnm°
<br />tI ii al z io such imi'ids oi securities st tafli im �d idi
<br />. ..... ..... . . ......... 92�9- b -
<br />ingure at a date sdiisp ji� ie-Ifi ,jLje bo,�,,,Ids ��for myff!gj_Qf
<br />W! sudi i mil iil fm id was cmed iq6i,ihwh itei est
<br />sijllll n shail be devoted
<br />jq_ga otl ig',..rj!AELiaIsoevei''
<br />Sec.66. ii)lvet,sion of interest qi�� sfinlikfiii 1141.
<br />. ..... ........
<br />L'jy/A,',Yffiqgi,ofthe gjjy,%fi io shali divel 01 Usethe inteiest,or a i,,ik I i I'Llrids ka
<br />Y_j !Rp§g
<br />Viilich tiie 'fu �g�d is of ealed I eiii iS
<br />M !'Y'.A-412orjzed 'to 1,,)e jii Ivested sl tall
<br />-id/w,
<br />I:ii(:' fial,)Ie and res, onsiUie to Ii i divers�6n w
<br />1)f F�I�ai is ....ii fUll aMQUITt Of SlUdi
<br />. . . . . . ................ . ...........
<br />Use, witf lawfdi fiitgi est� w id in case Milli Vivi s�gi'i 'IDI u!i:,!Ie is i"nade or
<br />2--- "Z- ---- - ........ . . .... .. ........... . ..................... 1 a d iiii b
<br />i i ilm e tf ign (�n�e officq,�, ofthe_qft, _'ihe RE bifit & i ji,,es ins gi,eof stiafl be i
<br />. . . . ....... . ......... i it and
<br />All' llicfe,,,, lfflf, an,,d Sale of
<br />Sec,, 61. Power to 11,?,,,or"vuouvldr,,,
<br />"Irl"ve C11,,`Ij,( shal)l have 'Ittie powertc,,�,, bo//,,//� mm�,� tl`�/* of t'fm City ai., o
<br />to and off;,er evirYq,,�,n,,ces t,iW sucfpo� ,(/tlm/ NN
<br />be i,,xercised tr)� fl�,`rtf,,aume public or I"(,,'war),y othelr(pubOlic pu1r'111,;)*se
<br />rzot prohibit�,,,,�,d the aind ti'm iaws ofthe Slate otFTexa,.,,,;, armi (��hm Chy
<br />to boncIh,,,,,;,, ar;,d otl,,`,��,elr eta t"h"..,irmes of
<br />ofthle Chy issued o//,,,,,
<br />All" si,,;chl, and other evklfelr-�wc, s be J'ssued cor�m
<br />'th,, v th* latvrs c�f �,,,he Statei.,,m,,,jits and Irrmy be securt,,.nd 1",iy, or pahl, whole mr
<br />par f, ad w),riorem revetmes fr?z,,IP"n, alil,)Ier IaxI11,,,Ag powefr!,',,,,, of
<br />ClIt3fr", 1Irv,,..,wenues cfomr,��,'vted by the CJ,�('y filfmrr�),,, aqyl Pr' service charge, incim,111,1`11rq
<br />revenue ,;,, fllPilw r)) P��';I'Vic tit"IfIffles,
<br />Iri,mreational or, an I � it
<br />,y of 71,er, h irimd/�urg, mr�,,d n'i�,,ajpr b9 ,,�suae,,o ,,,tire by a
<br />lirijorfgage oln, Puof'such publit,;, uIJ,',I'i'bies in paymelmff of'stich
<br />yuiy to thm rli,09',Phiibftedf,,>y t1lze mr�fmY cd' the, SI)aM,,Ie ofl?) � xas,,
<br />Such,, o//r evklfi,,,;�n),,ces may be a charge, aridpayable floonnf,,
<br />th)e properfli'es, or hr�j,tellre!,,,si Ihen,,,,,,,,�i,`1n,, plee:,i�rred, o/r, 9"I"7m fhmtr",r,,",o or fp/olh, to thm
<br />not p1�rvh0bPIt(,,,�,d the Collrrslitudo,,"�, 0//) of' dze of' 'I " e
<br />q:,weeds ofbomis, or ol,,"Itimr ev11N,.,J(, nces of" h,�,;,,,sued or hrmurradf by thw
<br />Citly sh,,all be umed I,k,,,)mr f,"llhe p�,,,1j,'r;,wSe Ik"'Yv, thle or, other
<br />iawsurrd or
<br />Explanatory Note: Upon the advice of the city's bond counsel, the current wordage of
<br />Article VI is outdated and needs to be abbreviated and totally replaced, as indicated.
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