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<br />ORDIN'-"'iCE <br /> <br />_ll_. 1983 <br /> <br />.'.:S O:mI~A¡\CE OF TIlE CIVIL TO\lli OF XOORESVILLE. INDIANA APPROPRIATI~G THE SùM <br />07 O~E };ù'}tùRED .".:\'D THIRTY-FIVE THOUSAi\!D DOLLARS TO 'BE APPLIED ON THE COST OF <br />CO:\S':::RUCTION A~D RECOJ:>STRüCTION 0;' INDIANAPOLIS ROAD AND V.ADI STREET TOGETImR <br />H¡:¡:¡'¡ THE Al'?LICATIO:-;¡ O}' ASPHALT TO TIlE FOLLOWING ROADS: fAllU.ANE DRIVE. WESTBROOK <br />DRIVE, CRESTWOOD DRIVE. WEST WASHINGTON STREET. WEST SOUTH STr\EET. BRIDGE STREET. <br />CZ:\TER ~"E. ST. CLAIR STREET, GREEm,OODDRIVE AND CHURCH STREET. TOGETHER ~~Ttl <br />Ti,Z INCIDE.'iTAL EX?E.'iSES 1::-1 CO::\NECTION 'r¿EREW1l1i A.'ID ON ACC011,1' OF T'llE GOING I1\TO <br />DEBT OF T¿E A:20REY.E..'iTIONED PROJECT. <br /> <br />~1iE.\EAS. ~~e Board of TrU6caes now finds ,that it is nece66ary to provide for <br /> <br />th~ Qbov~ nG~e¿ proj~ct and furthor that the TO~1 of Mooresville has no funds <br /> <br />available for such project nor provided for in the budge~. making i~ necessary <br /> <br />~o au~horize the issuance of bonds or the Town going into debt 'to procure the <br /> <br />~e~uired funds with a loa~; and <br /> <br />¡<ñEREAS. a petition has been filed by owners of taxable real ,estate in the <br /> <br />Town of Mooresville requesting the, Board of Trustees to authorize the issuance <br /> <br />of bonds of the Civil Town of Mooresville for the purpose of procuring funds or <br /> <br />in the alternative the town going into d~bt by obtaining a 'loan to be applied on <br /> <br />~he cos~ of construction and reconstruction of Indianapolis Road and Main Street <br /> <br />together with the a?plication of asphalt to the tollowing roads: Fairlane Drive, <br /> <br />~estbrook Dr~v~. Cras~wood Drive, West Washington Street, West South Stree~J <br /> <br />~ri¿ge Street, Ce~ter Lan~J St." Clair Street, Greenwood Drive and Church Street, <br /> <br />together with the iüci¿ental expenses in connection therewith and on accoun~ of <br /> <br />~he issuance of oon¿s or going into debt therefore, which petition the Town Board <br />i" <br /> <br />I:~nd.s t.o be <br /> <br />-~ <br />... <br /> <br />due form properly verified by signers thereof, and certified by <br /> <br />the Auditor of ~orga" Co~nt.y as peing signed by more than\50 owners of taxable <br /> <br />real est.ate ~~ ~he Civil To~. of Xooresville; that said petition in all ways <br /> <br />/ <br /> <br />co~fo~~ to th~ ~equi~~~ents of t~e provisions of Indiana Code 6-1.l-20-3; and <br />, , <br /> <br />WdEREAS. the Town Board of Trustees now finds that The Civil Town of <br /> <br />Mooresville has no' funds available or provided for in the budget and tax levee <br /> <br />which ~y b~ ap?lie¿ on said projec~, and that a necessity exists for the ~king <br /> <br />of the additional appropriation hereinaftér sat· out"; <br /> <br />KOW. THEREFORE. EE IT ORDAIl\ED 'By. THE ,BOARD OF TRUSTEES OF THE CIVIL TO~':ลก <br /> <br />OF XOORESVILLE, I~~1ANA: <br /> <br />SECTIO}; I <br /> <br />That t:'e su"' of One Hundred and Thirty-Five Tnousand Dollars be and the sar;.e <br /> <br />~,s hereby appropriated out of the proceeds of the bonds or loan designated as <br />Ç) <br />(~unicipa~ bond 1983). or from the loan agreement heretofore authorized to be <br /> <br />@' <br />Q <br /> <br />~- <br />~ <br />