Authorizing the Making of a Temporary Loan for the General Fund and the Issuance and Sale of Warrants of the City for Such Purpose

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in the General Fund, and shall be used for the purpose of meeting the current expenses of the City included in the regular budget and appropri- ations adopted for the year 1964; which expenses must be made prior to the receipt of taxes in the year 1964. Said temporary lean shall be evidenced by warrants of this City dated as of the date of delivery thereof, in such demoninations as shall be required by the purchaser, numbered consecutively from one up, bearing interest at a rate not to exceed 3% per '; the e .Xact rate to be de- termined by bidding, which interest shall be payable at the time of the payment of the principle of said warrants, and all of said warrants, together with interest thereon, shall mature and be payable on or before June 23, 1964. For the payment of said warrants and interest thereon, there is hereby appropriated and pledged a suggested amount of the current revenues of the City to be derived from the General Fund, tax levy collectible in the year 1964. The Controller and Treasurer are hereby authorized and directed to pay said warrants out of said taxes upon the presentation thereof, at or after maturity. Sec. 2. Said warrant shall be signed by the Mayor, countersigned by the Controller, and the Seal of the City shall be affixed thereto and attested by the signature of the City Clerk -) and the interest accuuing on said warrants to the date of maturity shall be added. And included in the face value thereof, indicate the fund on account of which Said warrant is issued and out of which said warrant ispayable. Said warrant shall be issued in substantially the following form, all blanks to be property filled in prior to delivery: