The code of the city of Charlottesville, Virginia : the charter as amended and the general ordinances of the city enacted as a whole June 6th, 1932, in effect July 15th, 1932 |
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![]() | The code of the city of Charlottesville, Virginia : | ![]() |
Sec. 22. Refunding bonds; rate of interest.
The council of said city of Charlottesville is hereby authorized
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payable not exceeding forty years after their date, bearing
interest at not more than five per centum per annum, payable
semi-annually; said bonds to be used exclusively in paying off and
discharging the principal and interest of the present bonded debt
of the corporation of Charlottesville. The said councils shall not
be authorized to dispose of such bonds at less than par value, except
by a recorded affirmative vote of all the members elected to
the council. Said registered and coupon bonds shall be regularly
numbered, signed by the mayor, clerk and treasurer of the city,
and recorded in a book kept for that purpose.
![]() | The code of the city of Charlottesville, Virginia : | ![]() |