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DOCUMENTS
LLOW"
A RBS OLUT XON, FIXING TRR F OF
�0 ..DAVID, •UGIUST.1_�1928..k t,
BB IT REISOZVED BY ..TSB: --001ALISSION,..4F,
Section 1.
That ;the:bra b# Back twit. at
$500,:000.00-NeVene Bonds 'authorized, by ordinance, ; a ed •
1922, shall be substantially as follswd.'
a ON
NEEI1 G OF
vissam1ENi..Q•Q 474
UNILSTATES OF AMSRIOL
S TE OF FLORID
CITY OF MIAMI
REVENUE BONDS OF 1922
ISSUED UNDER SECTION 57, CITY CRART1
'ity of Miami, in Dade County, Florida,
is justly in-
debted and for value received hereby promises to pay to the bearer
on July 1, 1923, the sum of
DOLLARS
with interest thereon at the rate of 4 - per centun per annum, pay-
able on January 1, 1923, and at the maturity hereof, upon the pre-
sentation and surrender of the annexed interest coupons, both prin-
cipal and interest to be payable at the United States Mortgage &
Trust Corrpany, in the City of New York, in lawful money of the Uni-
ted States.
This one is one of a series issued by said City for the
purpose of providing funds in anticipation of taxes heretofore le-
vied but remaining unpaid, under the authority of and in full com-
pliance rith Section 57 of the City C?-.arter, and the laws and con-
stitution of the State of Florida, and an ordinance duly adopted by
the Commission of said amity of I.iiami.
It is hereby certified and recited that all acts, condi-
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ITEM NO. 3 "
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tione and thinge required to happen, exist and be done,.preoedett
and in the issuance of this bond, have happened, exist and .hate been.
done as required by said Constitution, laws and charter; , that th
bond, together with all other indebtedness of said city, does not ex-
acted any constitutional or statutory limit thereupon; and in partLon-
lar that the series of bonds of tiihioh this is a part, together with the
amount of all revenue bonds, notes, currants and other temporary obli-
gations of said City, whether issued or unissued, does not exceed fifty
ty per cent. of the amount by which the uncollected taxes in anticipa.
tion of vlhich this series of bonds is issued exceed such temporary ob-
ligations. For the prompt payment of this bond with interest as the
same shall fall due, the full faith, credit and taxing power of the
City of Miami are hereby irrevocably pledged, and as a particular se-
curity for such payment the said Section 57 of the City Charter has
made the series of bonds of which this is one a first lien upon all
such uncollected taxes and has directed that said taxes vh e n collected
shall be appropriated to and set aside for the payment of such bonds
and interest.
III WWITNESS WHEREOF the said City o f IAiami has caused this
bond to be signed by its Mayor, City Manager, Director of Finance and
City Clerk, under the City seal, and the annexed interest coupons to
be executed with the signature of said Clerk, all as of the first day
of August, 1922.
City i.ianager Mayor
Director of Finance City Clerk
COUPON
On January 1, 1923, the City of I.iiami, :Florida, will pay
to bearer the cum of dollars at the United ::testes
Mortgae E: Trust 'Jo::.pang* in l:ecw Yor:: City, for the Interest then due
on its _'everue Bono' of 1922, d::'.ed August 1, 1922, and nu_.lbered
"SUPPORTIVE
QOC U t . L :
FOLLOW"
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City Jlerk
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