544,546 TOWN OF TAOS
ORDINANCES
YEAR: 19
NUMBER:
`�I
ORDINANCE NO. 544
AN ORDINANCE PROVIDING FOR THE ISSUANCE OF BONDS
PURSUANT TO THE PROVISIONS OF SLCTION 14-40-6, ET
SEQ. , N. M. S. A. , 1953 (P. S. ) TO ENABLE THE TOWN OF
TAOS TO PREPARE, ACQUIRE, CONSTRUCT OR IMPROVE
ITS AIRPORT FACILITY
BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE TOWN OF
Tt\OS, NEW MEXICO, as follows:
Section 1. That in order to provide for the purpose of preparing,
acquiring, constructing and improving its airport facility, the Board of {
Trustees of the Town of Taos, New Mexico, on behalf of said Town: shall
issue and sell the negotiable coupon Bonds of said Town in the aggregate
principal amount of $100, 000.00, Se;-ies April 1, 1966, constituting all of
the negotiable coupon revenue bonds.
Section 2. The bonds issued and sold shall be payable both as to
principal and interest from the net income of the facilities located at the
Taos Municipal Airport, whether or not financed in whole or in part with:
the proceeds of this bond issue. The not income from the facilities operated
by the Town of Taos, New Mexico, at the Taos Municipal Airport shall be
placed in a special fund, identified as the "Airport Revenue Bond Fund",
and the Town of Taos shall pay from said fund, after provision for all reason-
able expenses of operation and maintenance, the principal of and interest on
said bonds. Said bonds are additionally secured by a pledge of revenues
derived from gasolhi-_ taxes fixed and collected under the authority of S„ctions
14-38-1 through 14-38-4, N. M. S. A. , 1953 Compilation (as amended by Laws
1965, Chapter 300) to the extent permitted by Section 14-40-10, N. M. S. A. ,
1953 Compilation (Pocket Supplement). Nothing in this Ordinance shall be
construed to prevent the Town of Taos from applying to the payment of this
hand oi. the interest thereon, any moneys of the Town of Taos which may .
A,:D CAMPO;
ATTORNCYO AT LAW
Nr`T1:0LLUM UUILDING
P.O.oRAWCR A - 2 -
AuTA FC.
cw=Ico
OE3.434G
be legally available for that purpose
Section 3. The bonds of said series shall bear date as of April 1,
1966, consist of twenty (20) bonds in the denomination of :55, 000. 00 each,
numbered from 1 to 20, both inclusive, and maturing in regular numerical
order, $5, 000. 00 on the lst day of April in each of the years 1967 through
1976, inclusive, and $10, 000. 00 on the 1st day of Apri .,,in each of the; years
f.
� r
1977 through 1981, inclusive, and bearing interest at the rate of per
cent ( ��) per annum, payable October 1, 1966, and semi-annually there-
after on the first days of April and October of each year, both principal and
interest payable in lawful money of the United States of Ainerica, at the
office; of the Town Clerk of the Town of Taos, New Mexico. Bonds maturing
on and after April 1, 1977, are subject to prior redemption in inverse numerical
order on April 1, 1976, and on any interest payment date thereafter at par
plus a premium of five per cent (57,) of principal. Notice of redemption
shall bu published in a newspaper of general circulation in the Town of Taos
at least thirty (30) days prior to the date of redemption.
Section 4. Said bonds shall hear the signature of the Mayor of the
Town of Taos, New Mexico, and shall be attested by the signature of the
Town Clerk under the seal of said Town. The coupons attached to said bonds
shall bear the facsimile signature of the Treasurer of the Town of Taos, New
Mexico.
Section 5. No member.' of the Board of Trustees of the Town of Taos
or any person executing the bonds authorized to be issued hereunder shall be
personally liable on said bonds and all bonds arc payable solely from the
sou::'ces hereinahove designate.-I. No bond is a dobt, liability or general ob-
ligation o the Town of Tuos, New Mexico.
Section 6. The said bonds and coupons thereto attached shall be in
LYAN OLCY.ICCGEL
AND CAMPOS ;substantially the following form:
ATTOIANCYS AT'LAW
PCTROLCJM 6JILDING
P.O.DRAY.'CR A
SANTA FC.
New Maxleo - 3
SOZ-4346
(Form of Bond)
UNITED STATES OF AMERICA
STATE OF NEW MEXICO
TOWN OF TAOS, NEW MEXICO
i
AIRPORT REVENUE BONDS
SERIES APRIL 1, 1966
No. $5, 000. 00
The Town of Taos, in the County of Taos, State of New Mexico,
hereby acknowledges its indebtedness, and for value received, promises
to pay to the bearer on the 1st day of April, A. D. 19 the sum of
FIVE THOUSAND DOLLARS
in lawful money of the United States of America, with interest thereon as
evidenced by coupons, from the date hereof at the rate of per
cent (_��) per annum, payable semi-annually on the 1st day of April and
October in each year, both principal and interest being payable upon presenta-
tion and surrender of this bond, or the proper coupon, without deduction for
exchange or collection charges, at the office of the Town Treasurer, Taos,
New Mexico.
`(This bond is subject to prior redemption on April 1, 1976, and on
any interest payment date thereafter at par plus a premium of five per cent
(570) of principal. )
Payment of this bond and interest thereon shall be made solely from,
0
and as security for such payment there is pledged, a special fund, identified
as the "Airport Revenue Bond'Fund", into which the Town of Taos covenants
to pay from the revenues to be derived from the operation of its airport
facilities, after provision for all reasonable expenses of operation and
maintenance, sums sufficient to discharge, when due, the principal of and
STANDLEY.KCGEL
AN')CAMPOZ
ATfORNCYO AT LAW
PETROLEUM BUILDING
P.O.DRAWER A
SANTA FE. o - 4
NCW hfutG0
903-4346
interest on the bonds of the series of which this is one. Said bonds are
additionally secured by a pledge of revenues derived from gasoline taxers
fixed and collected under the authority of Sections 14-38-1 through 14-38-4,
N. M. S. A. , 1953 Compilation (as amended by Laws 1965, Chapter 300) to the
extent permitted by Section 14-40-10, N. M. S. A. , 1953 Compilation (Pocket
Supplement). Nothing herein contained shall be construed to prevent the
Town from applying to the payment of this bond or the interest thereon, any
moneys of the Town which may be legally available for that purpose. The
Town of Taos, New Mexico, agrees with the holder of this bond and with
each and every person who may become the holder hereof, that it will keep
and perform all the covenants of the ordinance authorizing the issuance of
0
this bond.
It is expressly agreed that this bond is payable and collectible solely
from the net income of the Taos Airport facilities, whether or not said
facilities are financed in whole or in part from the proceeds of the Town of
Taos Airport Revenue Bonds, Series April 1, 1966. Said bond is additionally
secured by a pledge of revenues derived from gasoline taxes fixed and collected
under the authority of Sections 14-38-1 through 14-38-4, N. M. S. A. , 1953
Compilation (as amended by Laws 1965, Chapter 300) to the extent permitted
by Section 14-40-10, N. M. S.A. , 1953 Compilation (Pocket Supplement). The
holder of this bond may not look to any general or other funds of said 'Town
for the payment of the principal of or interest on this obligation, other than
the "Airport Revenue Bond Fund" , and the additional security herein stated.
This bond is issued for the purpose of preparing, acquiring, construct-
ing and improving Airport Facilities of the Town of Taos, New Mexico, and is
issued in strict compliance with the Constitution and laws of the State of New
STANDLEY,KEGEL
AND CAMPOS
ATTORNLYS AT L1W
PLTROLEUM DUILDJNG
P.O.DRAWER A - 5 -
SANTA FE,
Nrw himco '
9133.4946
I I
It is hereby certified that all conditions, acts �'.d things required by
the Constitution and laws of the State of �ew Mexico xist, to have happened
and to have been performed, precedent to and in the +uance of this bond,
exist, have happened, and have been performed, ana that the issue of bonds
of which this is one is within every limitation prescribed by the Constitution
and laws of said State.
IN WITNESS WHEREOF, the Town of Taos, New Mexico, has caused '
i
this bond to be signed by its Mayor, sealed with its corporate seal, attested
by its Clerk, and the coupons hereto annexed to be signed with the facsimile
i
signature of the Town Treasurer, as of the 1st day of April, 1966.
(Do not sign) ti
(S E A L) Mayor s
ATTEST: 5
(Do not sign)
Town Clerk
*(Insert in bonds maturing on and after April 1, 1977)
i.
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t
4
t
!L
r
STANDLEY.KEGEL
AND CAMPOS.
ATTORNCYS AT LAW
PtTROLCIJM DUILDING
Y.O.DRAWLR A 6
SANTA Fa.
New Mcxlco
083-4346
o .
(Form of Coupon)
Coupon No. $
Series April 1, 1966
April
On the 1st day of October, A. D. 19 (** unless this bond has
been called for prior redemption), the Town of Taos, in the County of
Taos and State of New Mexico, will pay to the bearer, at the office of the
Town Treasurer, Town of Taos, New Mexico, the amount shown hereon
in lawful money of the United States of America, solely from the fund
designated in the bond to which this coupon is attached, being the semi-
annual interest due on its Airport Revenue Bond, dated April-1, A. D. 1966,
bearing No.
(Facsimile Signature)
Town Treasurer
(** Insert in coupons maturing October 1,. 1976, and thereafter)
STANDLET,KEGEL /
AND CAMPOS
ATTORNEYS AT LAW •
P[TROLEUM BUILDING
P.O.DRAWER A - 7
SANTA FE.
Ncw MExlco
983-4348
i
I •
i
I
I
Section 7. For the purpose of additionally securing the payment of
such bonds the Town pledges the receipts of gasoline taxes fixed and collected
under the authority of Sections 14-38-1 to 14-38-4, inclusive, N. M. S. A. ,
1953 Compilation (as amended by Chapter 300, Laws 1965). Said receipts shall
be placed into a sinking .fund, held separate and apart from other municipal
funds. When said fund equals 125% of the principal and interest requirements
for the fiscal year any additional revenues from gasoline taxes during that year
may be transferred to the general fund to be expended as the Board of Trustees
may direct. Moneys in the sinking fund shall be transferred semi-annually
to the Airport Revenue Bond Fund.
Section 8. Moneys in the Airport Revenue Bond Fund shall be first
used to pay principal and interest on the bonds herein issued according to their
terms. Any moneys remaining its said fund shall be transferred annually to
a separate fund to be known as "Airport Revenue Bond, Series April 1, 1966,
Reserve Fund". When the reserve fund reaches an amount equal to the
maximum amount for one yea`s principal and interest requirements on the
bonds herein issued, no more deposits need be made into the Reserve Fund
unless it is depleted. Moneys in the Reserve Fund shall be used to make up
any deficiency in the Airport Revenue Bond Fund. Moneys in the Reserve Fund
may be invested in direct obligations of the United States.
Section 9. No bonds having a lien superior to the bonds herein issued
shall be issued while any of the bonds herein issued are outstanding. Bonds
having a lien equal to the bonds herein issued may be issued at any time
that the receipts from the municipal gasoline tax of the Town for the preceding
twelve months are equal to 150970 of the maximum principal and interest require-
ments of the outstanding bonds and the bonds proposed to be issued. Bonds
having a lien inferior to the bonds herein issued may be issued at any time the
£TANDLEY.KEGEL
AND CAMPOS
ATTORNEYS AT LAW
PETROLEUM DUILDING
Y.O.DRAWLR A _ Q
SANTA FE. O
NEW Mrxtco
963.4346
Towh is not in default in the payment of p A ereaf t�� i
_ h�`
+(r. . t roles. .t l..d �• ia,;..,,y � W.
herein issued.` ,
Section 10. That *if 'any.
ore '
:
y ?'
shall be:adjudged u'r_enforceabl�
impair or invalidd&,ittie rerr��'
the`intention tha ou
` ice• 'a er .'�� 4*�.r�.ix �� •:: 9�y � ° �;; .�.
`�iecaon
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4r �` p� Sxh 1,,,t t.l �•+�'a"?' 11 'tik' �,eii ,ji . a'� rfi'3 ? ,?f_.y!,y'1'' s'yr`• '' T''v .,'[:.?., ` -:`,:�'r 'Ys t
' v :•fu.l�
Ys
IN WITNESS WHEREOF, =this Ord" adopted by,t'hermative,
vote of three-fourths of all the members of the Board of Trustees' of the Town
•
of Taos, New Mexico, and after due examination, approved by the Mayor of
said Town and attested by the Clerk, and the corporate seal of said Town
affixed, on this day of March, 1966.
APPROVED:
S/
y-
(S E A Q Mayor
L � Y
0
ATTEST:
s tw\ kt�6
Town R�
i
I
I
i
t .
STANOLLY.KEGEL y
ANo CAMPOS
ATTORN EY8 AT LAW
PGTROLZUN DUILDING 1 9
_
P.O.DRAWIR A `f
SANTA Ft.
NcW Mmxlco
983.4346
' i
It was then moved by Trusted John W, Himes and seconded by
Trustee- Sam V. Martinez, that all`irules of this Board which, unless
i
suspended, might prevent the final passage and adoption of this Ordinance
at this meeting, be and the same are hereby suspended.
The question being upon the adoption of said motion and the suspension
of the rules, the roll was called with t�e following result:
Those voting AYE:
Trustees: Palemon R. Martinez
Sam!V. Martinez
Margaret Beutler
John V. Homes
Those voting NAY: None
Four ( 4) members of the Board having voted in favor of said
motion, the presiding officer declared said motion carried and the rules
suspended.
Trustee John W. Himes then moved that said Ordinance be passed
and adopted as read.
Trustee Sam V. Martinez seconded the motion.
The question being upon the passage and adoption of said Ordinance,
the roll was called with the following result:
Those voting AYE:
Trustees: Palemon R. Martinez
Sam V. Martinez
Margaret Beutler
John W. Himes
Those voting NAY: None
STAN DLEY.KEGEL
AND GAMFOG
ATTORNEYS AT LAW
rETROLCUM BUILDING
P.O.OftAWCR A 10
SANTA Fr.
NEW MCXIGO
903.4346
The presiding officer thereupon declared that Four ( 4) members
of the Board having voted in favor thereof, the said motion was carried and
the said Ordinance duly passed and adopted.
On motion duly adopted, it was ordered that said Ordinance be published
and recorded according to law.
Thereupon, there was introduced, read and considered, the following
Resolution, to-wit:
RESOLUTION
WHEREAS, the Town of Taos has adopted an ordinance providing
for the issuance of airport revenue bonds in the principal amount of $100, 000. 00,
for the purpose of preparing, acquiring, constructing and improving an airport
facility in said Town; and.
WHEREAS, in accordance with the statutes of the State of New Mexico,
it is permissible that said bonds be sold at public sale after advertisement;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTELS
OF THE TOWN OF TAOS, NEW MEXICO:
Section 1. That the Mayor and Town Clerk be, and they hereby are,
authorized and directed to have published a notice of sale of said bonds in
the aggregate principal amount of $100, 000. 00 in Santa Fe
New Me t1co a newspaper published in and having general circulation in
the State of New Mexico, five (5) days prior to the date of sale, said notice
to be in substantially the following form, to-wit:
STAN DLEY.KEGEL
AND CAMPOS o
ATTORNEYS AT LAW
PETROLEUM DUILDING
P.O.DRAWER A 11
SANTA FE.
Ntw Mtxteo
96,-4346
OFFICIAL NOTICE OF SALE
TOWN OF TAGS, NEW MEXICO
AIRPORT REVENUE BONDS
APRIL 1, 1966 -- $100, 000. 00
PUI;LIC NOTICE IS HERLBY GIVEN that the Board of TrllStet2.s of
the Town of Taos, New Mexico, will, on Saturday the 12th LiaV
of March , 1966,1 at the hour of 9:00 _ A. M. , Mountain Standard
Time, at the Office of the Town Clerk, ri own Hall, Taos, New Mexico, receive
sualud i%icls and publicly open the shine, for the purchase of Town of Taos
Ai:-nort Rcvonuc Bonds, in the a`o-regare principal amount Ok 5100, 000. 00.
Said 1'.on7 s will bear date as of the first day of April, 1966, will be in the
dononlination of $5, 000. 00 each, will bear interest at a rate not excuuchng
b l;ur cunt per annum, payable October 1, 1966, and semi-annually
taur;'-aftur on the first days of April and October in each year, and �v'.,l mattlru
serially in regular numerical as follows:
$y000. 00 on the first day of April in the years 1967 to 1976, inclusive,
and $10. 000. 00 on thu first day of Alnri.l in the years 1977 to 1951, i:lcluSive.
Both: principLJ and inter.esr rc payable in lawful money of thu Unitcd
States o ;\murica at the Office of the Town Treasurer of the Town t,f Taos,
\uw Mi�Xicn. Said bonds are for rh; nu:-pose o't- securing funds fol- tlie2 prepara-
boil, consiruction. and iin'provem.unt of an Airport
;Mid b011dt� 1'J111 IlOt 0011:Cltuie �. ClL01- liability or 4'goneral
of tliu Town of Taos, Nc.w Mexico, and shall be payable: solely from trio net
inconlu of tiie Taos Airport l,ac:ilities, whether or not said facilities circ
finance] in whole or in part from thtr i)roccods of said bonds. Said bonds are;
additionally sccur. e:d by a pledge: of revenues derived from gasoline tars fixcci
zin;i coil eted under the authority of Sections 14-38-1 tlhroublh 14-35- 11, N. .M. S. A. ,
STIANDL Y.:CLVLL
7. 0R N-7 G AT LAY!
YZTI20LCUh1 U,;1LOIAG
T.0. A
SANTA FL".
Nt tr M alCU - 12 -
JCD•43•:G
1933 Compilation (as amended by Laws 1955, Chapter 300) to the extent
providvci by Ordinance No. 544 of the Town or Taos.
It is purmissiblc to bid different or split rates of interest, provided,
howcvur, that (1) no bid shall specify more than one interest rate for each
naturity; (2) said interest shalt be evidenced by only one sett of coupons;
(3) said coupon rates shall be only in multiples of one-eighth of ones per cent
(1/8%) or oizu-two ntieth of one per cent (1/207.); (4) no more than four separate:
coupon raters may be bid for the: entire: issue.
131ddc1-S are requested to submit a bid specifying (a) the lowest rate
of interest and premium, if any, above par at which such bidder will purchase
such bonds; or (b) the lowest rate of interest at Which the bidder will purchase
said bonds at par. Proposals should be enclosed in a sealed envelope. marked
Oil the; outside "Proposals for Parchasc of Airport Revenue Bonds, 'I'rnvil of
Taos, New �'lesico", and addr�.ssee! to Molly O. Rivera Town
Clerk, Tuwn of Taos, Nlum vie;::ico.
Sari bonds will be awarded to the.' highest and best bidder considering
the irm r-st rate or rates specified and tile; premium offered, if an\,,, and
subject to the Light of the Board of Trustees to reject any and all bids rind
readvurtise. The highest bid \, ill be: determined by deducting the; amount
of the pi-e:mium hid, if any, from t.c. total amount of interest rct;uir-c�ci to he
Paid 1"170111 the dat:-' of the: bonds to the respective maturity dates at til.- coupon
rata or rat,:s specified in the proposal, and said bonds will be a.vareie d on the.
basis of tllc lowest net interest cost. Thu purchaser must pay accrued inte?r-
east front the Mate of the bonds to the date of delivery. Tl:e bonds \N'ill not be
sold ;'or less than par and accrued interest, nor shall any discount oi- com-
mission be allowed or paid on the sale of such bonds. The Town o: Taos
rc;scrves the privilege of waiting any irregularity or informality of any bid.
15TANOLLY.=GLL
AND CAMPOS
ATTOIMN YG AT LAY/
MTHOLLUY7 DUILDING
P.O.DJIAWCA A
SANTA Ft. — 13
NLNY Al xico
flE:S•43-:G
All bids shall be scaled and shall be accompanied by a deposit of '
five per cent, either cash or certified check, of the amount of the bid
(principal amount plus premium) which shall be returned if the hid is not
accepted; and if the successful bidder shall fail or neglect to complete the
purchase of said bonds within forty-five (45) days following the acceptance
of the hid (or within ten days after the bonds are offered for delivery, which-
ever is later), the amount of the deposit shall be forfeited to the Town and
in that event the Board of Trustees may accept the bid of the one making the
next bid, or if all bids are rejected, the hoard of Trustees shall rc-advertise
said bonds for sale in the same manner as herein provided for the original
advertisement. If thore be two or more equal bids and such bids are the
best bids received and for not less than par and accrued interest, the Board
of Trustees shall determine which bid shall be accepted.
The Board of Trustees will take action awarding the bonds or rojecLing
all bids not later than twenty-four hours after the expiration of the time
herein prescribed for tho receipt of the bids. Delivery of the bonds will be
made to the successful bidder at some bank in Taos, New Mexico, or else-
where at its request and at its expense, within forty-five days of the acceptance
of the bid. If for any reason delivery cannot be made within fortv-five days
the successful bidder shall have the right to purchase said bonds during the
succeeding thirty days upon they same terms, or at the request of the successful
bidder, during said succeeding; thirty days, the good faith deposit will be re-
turned and both the Town and said successful bidder will be relieved of any
further obligation.
The legality of the bonds will be approved by Messrs. Standlev, Kcgel
and Campos, Santa Fe, New Mexico, whose unqualified opinion, together with
the printed bonds and a complete transcript of the legal proceedings, including
STANDLGY.KL'GCL
AND CAMFO3
ATTORNZYO AT LAW
PETROLCU►I 13UILDING - 14 -
P.O.OFAWLR A
SANTA Fe.
NCVI IAMCO
9U;7.454G
a. certificate staring that no litigation affecting the validity of the bonds is '
pending will be furnished the purchaser without charge.
BOARD OF TRUSTEES
TOWN O 1 OS, NEW ME '
r
By s
(S E A L) Mayor
ATTEST:
5
rlo erk
i
S
,.1
STANDLIM KEGEL
AND CAMPOU
ATTORN:Y6 AT LAW
PMUOLCUM UUILDINO
P.O.DRAW-'R A
GANTA FC. 15 .
NCW MLXICO
003-4946
It was then moved by Trustee John W. Himes and seconded
by Trustee Sam V. Martinez , that all rules of this Board which, unless
suspended, might prevent the final passage: and adoption of this Resolution at
this meeting, be and the! same: are hereby suspended.
The question being upon the adoption of said motion and the suspension
of the rules, the roll \vas-called with the following result: ,
Those voting AYE:
Trustees: Palemon R. Martinez
Sam V. Martinez
__Margaret Beutler
John W. Himes
Those voting NAY: None
Four ( 4 ) members of the Board having voted in favor of said
motion, the presiding officer declared said motion carried and the rules
suspended.
Trustee John W. Himes then moved that said Resolutionz he passed
and adopted as
TI-LIS C C Sam V. Martineza condL-xl the motion. The question being
upon the passage and adoption of said RUSOiution. the roll was called with
the following result:
Thhose voting AYE:
Trustees: Palemon R. Martinez
Sam V. Martinez
Margaret Beutler
John W. Himes
Those voting NAY: None
The presiding officer thereupon declared that Four ( 4 )
STAN DLE:Y.K-GEL
AND CA?APC
ATTORNCYO AT LAW
PCTROLzum DVILDING
P.O.UFAwLm A 16
SANTA Fs.
New Mexico
OII3-4�:G
•
Trustees having voted in favor thereof, the said motion was carried and
the said Resolution duly passed and adopted.
Thereupon, the meeting adjourned.
S/
Mayor
(S E A L)
ATTEST:
s
Z wn "-rk
i
STA.NOLMY.KEGL•L
AND CAP.IPC
ATTORNCY'3 A7 LACY
PCTROLCUAI DUILDING
P.O.DRAWUR A
SANTA FC.
Naw mrXICO
'383.434G
STATE OF NEW MEXICO )
ss.
COUNTY OF TAOS )
I, Molly 0. Rivera the Town Clerk of the Town of Taos,
New Mexico, do hereby certify that the foregoing copy of Ordinance No.
544 is a true and correct copy of said Ordinance, duly adopted
at and appearing among the official minutes of a meeting of the Hoard of
Trustees of the Town of Taos, New Mexico, held on the 4th day of
March, 1966; that said Ordinance has been duly published as required by
law, and has been duly recorded in a book keep for that purpose in my
office, and that the foregoing copy of the minutes of said meeting is a
true and correct cop- of the minutes as the sarne appear in the official
records of said Town.
IN WTTNESS WHEREOF, I have hereunto set my hand and the
Q
official seal of-said Town, this 4th day of March, 1966.
cf-vi Q.%
To Jerk
(SEAQ
STAN OLCY.KEGEL
AND CAMPOS
ATTORNCYC AT LAW
PCTROLCUM BUILDING
P.O.DIIAWCR A - is -
SANYA F¢.
NEW Mcxlco
988.4346
STATE OF NEW MEXICO )
COUNTY OF TAOS ) ss,
TOWN OF TAOS )
The Board of Trustees of the Town of 'Taos, Taos County, New
Mexico, met in session in full conformity with law and the ordinances and
rules of said Town, at the Town Hall in said Town, being the regular meet-
June
ing place of said Board, on the loth day of ��, 1966, at the hour of
11;45 A. • M.
Upon roll call, the following were found to be present:
Mayor: Filemon Sanchez
Trustees: J. B. Sanchez
Sam V. Martinez
ohn ime s
Town Attorne ' Elieu Romero
Town Clerk: Carolyn Paar
Absent: Martin Vargas
Thereupon, there was introduced, read and considered, the follow-
ing Ordinance, to-wit:
STAN DLEY.KEGEL
AND CAMPOS
ATTORNEYI AT LAW
PETROLEUM DUILDIND - 19
P.O.DRAWCR A
SANTA FE.
NEw MExico
983.4346
v " ..,..,.... ,......rr ...7..�.A..�N^+xr•....r..+r r,+ww r+e ...__._...... ...... .
ORDINANCE NO. 546
AN ORDINANCE AMENDING ORDINANCE NO.
544, RELATING TO THE ISSUANCE AND SALE
OF TAOS AIRPORT REVENUE BONDS, SERIES
APRIL 1, 1966
BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE TOWN OF
TAOS, NEW MEXICO:
Section 1. That Section 3 of Ordinance No. 544 is hereby amended
to read:
"Section 3. The bonds of said series shall bear date as of April 1,
1966, consist of twenty (20) bonds in the denomination of $5, 000. 00 each,
numbered from 1 to 20, both inclusive, and maturing in regular numerical
order, $5, 000. 00 on the 1st day of April in each of the years 1967 through
1976, inclusive, and $10, 000. 00 on the 1st day of April in each of the years
1977 through 1981, inclusive, and bearing interest at the rate of five per
cent (57.) per annum by coupons designated "A" on bonds maturing April 1,
1967, to and including April 1, 1976, and interest at the rate of five and one-
quarter per cent (5-1/4%) on bonds maturing April 1, 1977, to and including
April 1, 1981, plus additional interest by coupons designated "B", at the rate
of one per cent (loo) per annum for the period from April 1, 1966, to April 1,
19.76., payable October 1, 1966, and semi-annually thereafter on the first days
of April and October of each year, both principal and interest payable in
lawful money of the United States of America, at the office of the Town Clerk
of the Town of Taos, New Mexico. Bonds maturing on and after April 1,
1977, are subject to prior redemption in inverse numerical order on April 1,
1976, and on any interest payment date thereafter at par plus a premium of
five per cent (5%) of principal. Notice of redemption shall be published in
a newspaper of general circulation in the Town of Taos at least thirty (30)
days prior to the date of redemption. "
STANDLCY.NEGE1-
AND CAMPOS
ATTORNLYG AT LAW
PGTIIOLCUM DUILDIND - 20 -
P.O.DRAWCR A G
SANTA FE,
NCW MCXICO
983-4346
Section 2. That Section 6 of Ordinance No. 544 be amended to read:
"Section 6. The said bonds and coupons thereto attached shall be in
�u
substantially the following form:
i
STANDLEY.KEGEL ;
AND CAMPOS
ATTORNL*YG AT LAW
PLTROLtUM BUILDING 21
P.O.DRAWER A
SANTA FE,
NEw MEXICO
983.4348
(Form of Bond)
UNITED STATES OF AMERICA
STATE OF NEW MEXICO
TOWN OF TAOS, NEW MEXICO
AIRPORT REVENUE BONDS
SERIES APRIL 1, 1966
No. $5, 000. 00
The Town of Taos, in the County of Taos, State of New Mexico, hereby
acknowledges its indebtedness, and for value received, promises to pay to
the bearer on the 1st day of April, A. D. 19 the sum of
FIVE THOUSAND DOLLARS
in lawful money of the United States of America, with interest thereon as
evidenced by coupons designated "A", from the date hereof at the rate of
per cent (_70) per annum, together with additional interest by
coupons designated "B" at the rate of one per cent (17) per annum for the period
from April 1, 1966, to April 1, 1976, payable semi-annually on the 1st day of
April and October in each year, both principal and interest being payable
upon presentation and surrender of this bond, or the proper coupon, without
deduction for exchange or collection charges, at the office of the Town Treasurer,
Taos, New Mexico.
`(This bond is subject to prior redemption on April 1, 1976, and on any
interest payment date thereafter at par plus a premium of five per cent (5;To)
of principal. )
Payment of this bond and interest thereon shall be made solely from,
and as security for such payment there is pledged, a special fund, identified
as the "Airport Revenue Bond Fund", into which the Town of Taos covenants
to pay from the revenues to be derived from the operation of its airport
facilities, after provision for all reasonable expenses of operation and
maintenance, sums sufficient to discharge, when due, the principal of and
STAN DLEY.IMGM
AND CAMPOS
ArrORNEYD AT LAW
PCTROLCUM DUILDING - 22 -
P.O.DRAWL'R A
SANTA FC.
N¢W MCxlco
9133.4346
interest on the bonds of the series of which this is one. Said bonds are
additionally secured by a pledge of revenues derived from gasoline taxes
fixed and collected under the authority of Sections 14-38-1 through 1.4-38-4,
N. M. S. A. , 1953 Compilation (as amended by Laws 1965, Chapter 300) to the
extent permitted by Section 14-40-10, N. M. S. A. , 1953 Compilation (Pocket
Supplement). Nothing herein contained shall be construed to prevent the
Town from applying to the payment of this bond or the interest thereon, any
moneys of the Town which may be legally available for that purpose. The
Town of Taos, New Mexico, agrees with the holder of this bond and with
each and every person who may become the holder hereof, that it will keep
and perform all the covenants of the ordinance authorizing the issuance of
this bond.
It is expressly agreed that this bond is payable and collectible solely
from the net income of the Taos Airport facilities, whether or not said
facilities are financed in whole or in part from the proceeds of the Town of
Taos Airport Revenue Bonds, Series April 1, 1966, Said bond is additionally
secured by a pledge of revenues derived from gasoline taxes fixed and collected
under the authority of Sections 14-38-1 through 14-38-4, N. M. S. A. , 1953
Compilation (as amended by Laws 1965, Chapter 300) to the extent permitted
by Section 14-40-10, N. M. S.A. , 1953 Compilation (Pocket Supplement). The
holder of this bond may not look to any general or other funds of said Town
for the payment of the principal of or interest on this obligation, other than
the "Airport Revenue Bond Fund", and the additional security herein stated.
This bond is issued for the purpose of preparing, acquiring, construct-
ing and improving Airport Facilities of the Town of Taos, New Mexico, and is
issued in strict compliance with the Constitution and laws of the State of New
Mexico.
STANDLEY.KEGEL
AND CAMPOS
ATTORNCYS AT LAW
PCTROLCUM BUILDING
P.O.DRAW=R A - 73 -
SANTA Ft.
NEW MZXICO
988.4546
It is hereby cert► ied that all conditions, acts and things required by
the Constitution and laws of the State of New Mexico to exist, to have happened
and to have been performed, precedent to and in the issuance of this bond,
exist, have happened, and have been performed, and that the issue of bonds
of which this is one is within every limitation prescribed by the Constitution
and laws of said State.
IN WITNESS WHEREOF, the Town of Taos, New Mexico, has caused
this bond to be signed by its Mayor, sev.led with its corporate seal, attested
by its Clerk, and the coupons hereto annexed to be signed with the facsimile
signature of the Town Treasurer, as of the 1st day of April, 1966.
(Do not sign)
(S E. A L) Mayor
ATTEST:
(Do not sign)
Town Clerk
*(Insert in bonds maturing on and after April 1, 1977)
STANDLEY.KEGEL
AND r AMPOS
ATTORNLYS AT LAW
PETROLEUM DUILDIN6
P.O.DRAWER A 24 _
SANTA Fc.
New Mexico
983.4346
i
(Form of"Atl Coupon)
Coupon No. $
Series April 1, 1966
April
On the 1st day of October, A. D. 19 (** unless this bond has
been called for prior redemption), the Town of Taos, in the County of
Taos and State of New Mexico, will pay to the bearer, at the office of the
Town Treasurer, Town of Taos, New Mexico, the amount shown hereon
in lawful money of the United States of America, solely from the fund
designated in the bond to which this coupon is attached, being the semi-
annual interest due on its Airport Revenue Bond, dated April 1, A. D. 1966,
bearing No.
(Facsim-ile Signature)
Town Treasurer
(** Insert in coupons maturing October 1, 1976, and thereafter)
STANDLI Y.KEGEI.
AND Q 44POS
ATTORNC C AT LAW
PYTROL"UM OUILOING
P.O.DRAWER A _ [ _
SANTA Fe. "'
NKW MEXICO
983.4346
i
(Form of "B" Coupon)
Coupon No. $
Series April 1, 1966
On the 1st day of April A. U. 19 the Town of Taos, in
October
the County of Taos and State of New Mexico, will pay to the bearer, at
the office of the Town Treasurer, Town of Taos, New Mexico, the amount
shown hereon in lawful money of the United States of America, solely from
the fur.j designated in the bond to which this coupon is attached, being the
semi-annual additional interest due on its Airport Revenue Bond, dated
April 1, A. D. 1966, bearing No.
(Facsimile Signature)
Town Treasurer "
STANDLEY.KEGEL
AND CAMPOS
ATTORNEYS AT LAW
PETROLCUM DUILDING - 26 -
P.0.DRAWER A
SANTA FE.
New Mex►co
983.4346
__ -7--7-777 ,—
IN WITNESS WHEREOF, this Ordinance was adopted by the affirmative
vote of three-fourths' of all the members of the Board of Trustees of the Town
of Taos, New Mexico, and after due examination, approved by the Mayor of
said Town and attested by the Clerk, and the corporate seal of said Town
affixed, on this day of March, 1966.
APPROVED:
S
(S E A Q Mayo
ATTEST:
S/
own lerk
SiTANDI.EY.KEGEL
AND CAMPOS
ATTORNEYS AT LAW
P&TIZOLEUM DUILDING - 27 -.
P.O.DRAWGR A
SANTA FC.
NCW M=XICD
983-4346
It was then moved by Trustee Sam Martinez and seconded by
Trustee J. B. Martinez , that all .rules of this Board which, unless
suspended, might prevent the final passage and adoption of this Ordinance
at this meeting, be and the same are hereby suspended.
The question being upon the adoption of said motion and the suspension
of the rules, the roll was called with the following result:
Those voting AYE:
Trustees: J. B. Martinez
Sam Martinez
John Hime s
Those voting NAY: None
Three ( 3 ) members of the Board having voted in favor of said
motion, the presiding officer declared said motion carried and the rules
suspended.
Trustee Sam Martinez then moved that said Ordinance be passed
and adopted as read.
TrusteeJ. B. Martinez seconded the motion.
The question being upon the passage and adoption of said Ordinance,
the roll was called with the following result:
Those voting AYE:
Trustees: J. B. Martinez
Sam Martinez
John Hime s
Those voting NAY: None
S-.ANDLCY.KCGEL
AND CAIMPOS
ATTORNZY1 AT LAW
ACTRO"U7.t CUILDING
P.O.DRAWER A 28
SANTA F4. v
New h:CX(GO
829•.:9•:G
The presiding officer thereupon declared that Three 3 )
members of the Board having voted in favor thereof, the said motion was
carried and the said Ordinance duly passed and adopted.
On motion duly adopted, it was ordered that said Ordinance be published
and recorded according to law.
Thereupon, there was introduced, read and considered, the following
Resolution, to-wit:
RESOLUTION
WHEREAS, the Town of Taos has adopted an ordinance providing for
the issuance of airport revenue bonds in the principal amount of $100, 000. 00,
for the purpose of preparing, acquiring, constructing and improving an air-
port facility in said Town; and
WHEREAS, in accordance with the statutes of the State of New Mexico,
it is permissible that said bonds be sold at public sale after advertisement;
and
WHEREAS, after due notice bids were opened for the sale of said bonds;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES
OF THE TOWN OF TAOS, NEW MEXICO:
That the bid of Hanifen, I hnff In�-
be accepted, it being the lowest and best bid received.
STANDL.EY.KEGEL. �-
AND CAMPOS - L 9 -
ATTORNEYS AT LAW
PSTROLLUM PU1LDING
T.O.OAAWER A
£ANTA FE.
Nof MtX1CO
DLJS•4346
It was then moved by Trustee So.= Martinez and seconded
by Trustee J. B. Martinez that all rules of this Board which, unless
suspended, might prevent the final passage and adoption of this Resolution at
this meeting, be and the same are hereby suspended.
The question being upon the adoption of said motion and the suspension
of the rules, the roll was called with the following result:
Those voting AYE:
Trustees: J. B. Martinez
Sam Martinez
John Hime s
Those voting NAY: None
Three (_�) members of the Board having voted in favor of said
motion, the presiding officer declared said motion carried and the rules
suspended.
Trustee Sam Martinez _ then moved that said Resolution be passed
and adopted as read.
Trustee J. B. Martinez seconded the motion. The question being
upon the passage and adoption of said Resolution, the roll was called with
the following result:
Those voting AYE:
Trustees: J. B. Martinez
Sam Martinez
John Hime s
Those voting NAY: None
The presiding officer thereupon declared that Three ( 3 )
STANDLEY.KEGEL
AND CAMPOS
ATTORNLYS AT uw
PETROLAUM DUILOING
t.0.DRAWIZRA - 30 ..
SANTA F[,
New Mcxico
983.4346
Trustees having voted in favor thereof, the said motion was carried and
the said Resolution duly passed and adopted.
Thereupon, the meeting adjourned.
s
Mayor
(S E A L)
ATTEST:
s/-
dti ac ,� vi/
Towt C erk
STANDLEY.KEGEL
AND CAMPOS
ATTORNXYG AT LAW 1
PATROLCUM DUILDING 1
P.O.DRAWCR A
SANTA Fe.
NCW MCXICo
9a3.43aa
STATE OF NEW MEXICO )
ss.
COUNTY OF TAOS )
t
I, Carolyn Paar the Town Clerk of the Town of Taos,
New Mexico, do hereby certify that the foregoing copy of Ordinance No.
546 is a true and correct copy of said Ordinance, duly adopted
7
at and appearing among the official minutes of a meeting of the Board of
Trustees of the Town of Taos, New Mexico, held on the loth day of
June
Mxmb, 1966; that said Ordinance has been duly published as required by
f
law, and has been duly recorded in a book keep for that purpose in my
office, and that the foregoing copy of the minutes of said meeting is a
true and correct copy of the minutes as the same appear in the official
records of said Town.
IN WITNESS WHEREOF, I have hereunto set my hand and the
June
official seal of said Town, this 10th day of Xt 1966.
ToWn Cler
(SEAQ
STAN MEY.KEGEL
'ND CA14POS
ATTORNEYS AT LAW
PCTROLCUM DUILDINO -
P.O.DRAWER A - 32
SANTA FC.
Nzw Mcxico
883.4346
ORDIYA\(' a :'IDINt1
AN ORDINA AFFIDAVIT 0ALWATION
FOR•THE ISS ONDS
PURSUANT' - VIS-
IONS. OF'•:SE ET� Stat f New Mexico
SFF.q� "`Ns1�1+1:5,p p 4;. 'TO ,
Fill B H; THTl7;•y, O AOS 99.
TO PREPAR County of Taos
STRUCT.+,OR' R p �Alx-
PORT; AQ -
BE IT', :.ORDAIN9 -z E
HOARD, OF:TRU,S 'l E I
...................................Kama
..............
TOWN', F:::TA09�;, ,
as 'totlow>t: �. a' being first dui sworn, declare and say that I am the ( r) (Editor) of the
Section 1 That-iii. ' r. f g Y Y )
vide' foP`•1 ..purp6 : 011
Ina;. ae uldlig,l-cons K hd
improvil its �lt'p . If. he ............................�ktR...T�Q.iI'...�O.XR........................................................, a semi-weekly newspaper,
Hoard o, Trustees," � n 1 published in the English Language, and having a general circulation in the City and
of Taos�New..Neil 4 i f i
cr $old . , w shalt. SW6 flea County of Taos, State of New Mexico, and being a newspaper duly qualified to publish
the n' ' A I, otil)on; or! legal notices and advertisements under the provisions of Chapter 167 of the Session
said . t P;<tlie � t f j5rin-; g P P
cipal dar:'Of'"Awl, Ser-, Laws of 1937; that the publication, a copy of which is hereto attached, was published
lea ApMI i,-1966, .tons 4tuting ail
of the:'negotiable;'coupon revenue
bonds.
Section 2. The bonds issued and in said paper for.........................................gull..........................................................Insertions, and on
�
sold shalt be payable both as to
principal and -interest- from the ......................fX0.9mal.............................................................of each week in the regular issue of
net income Taos the.Municipal focal-I the paper during the time of publication, and that the notice was published in the news-
whether or not financed In whole;
.or In part with the proceeds of
this bond issue. The net. income paper proper, and not in any supplement, for...............Ql1Q........................Insertions the first
from the facilities operated by.
the Town of 'Coos, New Mexico,, March
at the Tana Municipal .Airport, Publication being on the..................8th..............................day of........................................1 19...66 ,
shall be placed In a special fund,'
tie Bond as the "Airport Reven- and the last publication on the................... .....da
ue Bond Fund', and the Town of P .................................. y Ot........................................
,
Taos-.shall pay'from said fund,
after provision .for all reasonable 19............; that payment for said advertisement has been (duly made) or (assessed as
tenance,the opprinc r 1. an and afi; court costs); that the undersigned has personal knowledge of the matters and things
terest on,said bonds. Said bonds'
onds set forth in this affidavit.
are additionally secured liv a
pledge of revenues derived from
gasoline taxes fixed and collect-
ed under the authority of Sec•BILL
Lions 14438-1 through 14-38.4 , N.M.-
8.A„ 1953 Compilation as amend ,r, •4 ;!C.�_
ed by Laws 19G,, Chapter 300) to' 43.35 ....... . . �,.�.. .................
the extent permitted by Section at $............................ '1:ditOr- �
t4.40.10, N.W.&A., 1953•Comppile-
pon (Pocket Supplement). Noth-
Inu In. this OrQtnance shalt be s at $......................I..... Subscribed and sworn to before me this..........13th...............
ranairued to prevent the Town of
Taos'from applying to the pay-
ment of this bond or,the Interest
thereoni any moneys of the Town Tax $...........1.039.... day o .........JV,t1e............................ A.D., 19...... .
of Taos which may be. legally
avallable for that purpose. '
Section 3.The bonds of said Per. CC "
lea shall bear.date as of April 1, OtAT=........ 0�.7.... �CG'�
1966 consist at twenty {30) bonds ........................................................... .......
to the dent at twenty of tj5,000:00
each, numbered from ,1', to .20, "'`= Notary Public
both inclusive, and maturing In
regular numerical order, $5,000-00
on the 1st day of April in each ........................................ /""My Commission Expires
of the-years 1967 through 1976,
Inclusive,da,y90 Apru ln00 ach of the
veil 1977 through 1987, Inclus. ........................................ abbru 10 1968
Ive, and bearing interest at th1
rate of—per cent per &ti-
num,.payable October 1, 1966, and
semi-annually thereafter on the
first days or April and Octob-
er of each year, both:princi al
and Interest payable In lawful
monev of the United States of
America, at the office of t he
Town Clerk of the Town of Taos,
Yew Mexico. Bonds maturing on
and after April 1. 1977, are sub-
)ect to prior redemption in in,
verse numerical order on April 1,
1976, and on any Interest pay-
ment date thereafter at par plus
a premium, of five per cent (5x)
of rinclpal. Notice of redemption
shall he'published in a newspaper
of general circulation In the Town
of Taos at least thirty�(30) days = ;
prior to the date of redemption, t:#
Section 4, Said bonds shall bear
the signature of the Mayor of the R_
Town of Taos, New Mexico, rind
shall'be attested by the signature k1
of the Town Clerk under the seal
of said Town. The coupons at-
tached to said bonds shall hear
the facsimile signature of the ,
Treasurer of the. Town of Taos,
New Mexico.
Section S. No member of the
Board of Trustees of the Town
of Tsai; or any pperson execut►n��
the bonds authorfied to be Issued
hereunder shall be personally It-
able on said bonds and all bonds
are payable solely from the
sources horcinnbove designated.
No bond is a debt.* liability or
Tageneral obli atlon of the Town of
os, New Mexico.
Section 6. The said bonds and
coupons thereto attached shall be
in. substantially the following
form.:
(Fiirtn of Bond)
UN'ITi;D STATES OF A.I(FMICA
STATE OF NEW MEXICO
TOWN of TAOS, N-NW MEXICO
AIRPORT REVENUE BONDS
SERIES APRIL L-11966
No.— 55,0oo,00
The Town of Taos, in the Coun-
ty of Taos, State of,New.Mexico,
hereby acknowledges Its Indebt-
edness. and for value received,
promises to pay to the bearer on
the 1st day of April, A. D. ill—,
the sum of
FIVE THOUSAND DOLU.RS
in lawful money of the ` United
States of America, with interest
thereon as evidenced by, coupons,
from the date hereof at the rate
of per'cent (%) .per annum,
payable send-annually.on,the.lit )
day of Appril..and.October In.each
yyear, bolo piinctpal=and:interest
bainif:payable:;U resettlatlun
•fthd•surrende ;0�� the
�forez�han e`
es,' at-.the.TaosC:New°Kexicol;,
Treasurer,
*(This bond IN aubJect 7s,prior
redemption on.April 1.'1978 date.
on any interest: P iva ea prem+
t.hereatter at P r P
turn of five per cent (5 150) of prim D DOCUMENTS
clpal.) t of this bond. and In- AVAILABLE COPIES.
terest thereon shall be made sole-
ly from, and as security.tor such
payment there Is pledged, a aped-
al fund, identified as t he
-,Airport Revenue Bond Fund ,
Into which the ow the revere
covenants to Pay the oper-
uea Ao.nbe derived from
�toprl airport i bler ovlson- for all. reasonae
expensex,,.of:ope,ratlon and main-
tenahce, :sums sutfletent'to dIs*
charge; when due, the Pr'nciPal of
and Interest on the bonds'of the
series of which.this Is One.. 1d y
4 bonds are addtttonally.'secured d
+ from gasollne revenues, and eald-
lected under the authority of Sec-
tions 14 - 1,thrOlh 14 •1985,
(aa, ammended by.;I::
j Cha ter 300):.to the extehtPer
t mated . by 96etton:';14•A1
t�f.ht.S.A., 1963 Cornppllatlon'Work.
at ,:Supplement:,: )Nothinft herein
contalged 5 RIL'be cons rued inog�
pprevent the Town tram aon�
to the payment of this bon :orI
the interest thereon, anyht ledalsj
of the Town which may sei ol-
1y available for that purpo
Tmvn of Taos, . M e x 1 c o,
agrees sand 1 vithe eholder andy every
hnnd who' lay become the hold-
er hereof.-thatlt:wilt keep and l
perform all the covenants su the
ordinance autherizing.the issuance
of this bond, i
It-16 expresld agree, that able
bond in payable an
collectible
solely. from the net income Of the
Taos At et fit whether or
whole ortanlitptart atrom�he pro
ceeds or the .'TT own o f .Taus. P It
n0
rt Revenue,Bonds,_Series Apr
1, 1988.
Said bond is additionally
secured by a pledge of revenues
derived from gasoline taxes fixed
i..and collected,under the authority '
of 5cruons 14-88-1 thr0pugh 14.38.4.
amended ]963 . g n1961$,.iChapter
3(101
to ; nt permitted h Y
1„ �T M$.A, 196.3
Section ► '
p daktl':Supplemyent.)
. bt•x#t#W. d mat h c her
The o
# too d fie the pay
,
fu t f or ln-
me LU0` net
o t h e r
ter t<htabblta. a Bond.
>� tha Airport .
Fund,,; d the .,addit #1 secur•
!t here fated.
This on Is Issued for the
purpose of yreparing, acquiring,
constructing and Improving Alr-
;arots,F'actlitles of- the Town o f
, Neu• Jtoxlco, and is issued
ct compl iance with the Con•tuon and Jaws of the State of
New•Mexico.
It Is hereby certified that all
conditionssy, acts and things re-
quired
fbthc the of NewoNtexico
to exist, to have happened and to
have been performed, precedent to
i and In the Issuance of this bond,
exist, have happened, and have
been performed, and that the Is- i
sue of bonds of which this is one
Is•.within every limitation pre-
scribed by the Constitution and
laws of said b^tate.
IN WITNESS WHEREOF, the
Town of Taos. New Mexico, has
caused this bond to be signed,-by
Its Dtayor, sealed ,vlth Its corpo-
rate meal, attested by Its Clerk,
)and the coupons hereto annexed
to be signed with the facsimile
signature of the Town Treasurer,
as of the 1st day of April,,IaW.
mayor
(SEAL)
ATTEST:
Town Clerk
*(Insert In bonds. maturing on
and after April 1. 1977)
(Form of Coupon)
Coupon No.—
'S .... Series Aprit 1. 1966.
On the 1st _day of April, Oetn- t
�ber, A.D.: 19 (** unless this
bond has been called for pprior re.
dempit, ). the Town of Taos, In
the County of Taos and State of
New Mexico, will pay to the bear-
er, at the office of the Town
Treasurer. Town of Taos, New
IMeMeo, the amount shown hereon
In lawful money of the United
States of America. solely from the
?whichdthienacoupon Is attached
being the semi-annual lnterpst due
on Its Airport Revenue Bond.
dated April 1, A.D. 1966, bearing
,Va. ..
Town Treasurer
f** Insert in coupons maturling
October 1, 1976, and thereafter)
Section 7. Par the purpose of
addittoriaily securing the payment
of such bonds the Town pledges
the receipts or gasoline taxes
fixed and collected under the au-
thorlty or Sections 14.38.1 to 14-38.
4, Inclusive, N.M S.A., 1953 Com-
ptlatlon (as amended by Chapter r`
300, Laws- 1965) ,Bald teeelppts
shalt be- placed Anto.a sinking
.m
fund,' held-separate.and a a r t
from:other. uniclpal'tundse.when
-+ s Id°-tund' !481 _iCAt;the.p in-
'I' IUr fIIP il�rllr lrHl tutu rl,nnilnrrHr
\C'nil rs rI,lril it snl utr Ia\rc dut'•� .
I.a+ mn•.' ho tlan.rrrmll
• ,.t ..rrr�ll; ti;n,l +.� h,• r\(n•rd-
h, Hn;l ul Ir 'I'rl;strrs
'd' i„� L':f it.(II':';,•rl sr11U-al"'l1A l- !^''� '
I., the I—nd f-
C \!11111`\ III I III' .\.r• 1'�
{!r rtrn' lintel I t
ipa a•d III,' car
Ihr I,,;r.l!• n,:l'in .w'rl Ifs
�1 it it(
fund 1't e
hr t'aasrt•..^rt ;I ,i In a }.
\. �' Rr•.rnu, Ii,n;d arrirc ��,.
0111:;0 to the mil I,IMtill) qqw
.I I'r!•rsl ,1•r;ul!1.111010• nit lhr
•,,, ,i h„Iom I-11o,l, nn •o."I, rtr-.
n, tz r.rrd 6r mall) till Inr I!r• I!`
•.r Prrt,t In:o,: ,t I• ,I"p,rt rd t•'
\l, I :1• !hv !tos"I'1e 1'1:".I{ .flail' S`
1"'d ,n make• :11, if rtl•t:r:rn '`' f{I!
Ihr .\it!r'rrt !;rlr• �tr• P+n:d d.i
�!••.I..rl. \Ini4rl s t IL• I.r s r t•\'r '�f�
Lei•,r•,,trd In 111 1.,1 £.
r,r thr t nitr•d `tlltrs.i11
li,' �•.ut+rl in•' In tit,• hnr,ls hof r`I Il' �'f
wr,f shall hr !.c,;rd I\ttl'r• ll :.
,. r,,i, hand. It,'I(,I-I I-Ilv l are
nIl!.t,Indn.L. K'I^,Is hl•.u•c n Lt•n�.
on ial rn Ihr hnn,fa hrl,gn i.surd'
nsurd a! ait\• Iit 'hat'
!hr r,rll,Is M thi rl,nttll!IiI,I )
tlir I" , till thri
t , Innt1',hs ll fl`j
I rl!ual en 1"IrI', nt Ihr I v
nam,irn
5 .••(r:. Kral n! d :I't•I -t rM(A 7— P
{ nt,1,.;, .,r Ihr mltsta'utntt: hn;,lls \'
I Ihr hands (r;-ntrn.rd Ir. hr .. ` .
��u•rl )i,mdc ha••,rt^ � I:.•r �n,'r:I,tr: i!
of;I I101"Ill Issnrd ma\' ill I
I- .,.urd .,! an:' Iitne the •I'...lii
yin' drLtuI1 !n the ll;o:N'nl�' s
of a'ui :Itel'rct III, the
1hrr;vl• hr;'rl;t Ins[N•rl 11
a' .! am " or 1
'nn!o .rrf lnnc n: •ra°ts n!rI!Ilh i c
trrd,crut,r shall f„• ;nlfudCrrl rn• i�'
rn!moodh;o nr :It`.arid. sullt !Ild:;•� 11
<L.II not .I'rr, .inpa:r nr:
sn,:�. •,r I!Ils ftrrl:l•anrr �:I print;! t !',
.!rf.!Inr Ihat Ihr tarul'ts prn
I I A i
t hrr,•'•aft au• hrt',•I,', rprHlr•rl
r Y' F,',•fl,nt 1.' '1't1'
it 'Y f If �!I .,•ir, drl..,. •d hr a+• I'mr'C.
�! I'•.n:tln 'ri+t'a .1 h.r urtt; 'ite
of A r1ml I L'r\t•1,l". I'mi, err•
t I!:. •r.t,, hatr hrr r. t; )\ rranl, sat-
t f ;r:fl d:sl Ila:.od rla hrtrin
,(1 ,1 ' ,t •.,l',p t' Is .t,Inl•?ral h: :t:r 71(- t
-,I If
rIf 11
�.! p_ •' pl+:nl Cd I.; tutu' A1aVn•' nt '
".toll he I h r
Ihr • ;*j—,,,' sral It! !
tfdl Rl t th.!,,f{ta'jptc, ., ' rrit !hir s 1111 da)' i
yl .yt .1c r
V,,i V
rr �i,era
z (
t Tan, Or,-any `t,erne..
he bonds authorized to be lssllc(�" n•nt
iereunder shall be personally. It. !-it;•it nn 1. " .::0;wl
able on said bonds and all b inds t,t,
arc payable solely from*. the
sources hereinabove designa.:4d. „
No bond is a debt.' liability-''ur
Ott0INANC t general obligation of the Toµ I'of I, a U.
Ta New Mexico. i'
A V ORDINAN IDING os.. .'
FOR THE'ISSU r7NO5 f Section 6. The said bonds it'.Id
i'URSUANT ciV15. coupons thereto attached shall be -
IONS.,OF;'SE ET `in' suhstantlaliv the following)
SFQ., N•M.S.A• '11 3 ' Zi.,4;TO Iform.: (Fclrm of:Band)
EVABLFI' THE,.. TOW 'l'rAOS Ui\ITED tilryn U Blind)
A;+iF.RiCA i
ST PREF'AJ1F.'' AC j�E G0�1- STATE OF NEW MEXICO
STRU ti;ppR"I�'IPIfO 'i7'S•`.E11R- `
PORTfACI A}, 7 TOW`;`O 'TAbEIr-.\I:{V MEXICO • „ .
ORA 1149 HE AlRrO T SOVI:NUE .BONDS
• . SFAMS AI'IiLL 1, 1908.::• ,
TOWN FFIlAOU TF i t' , E :�.: "',', $5,0OU0 r
n5' Polystk. 7 r " ' O' 'The Tow 4i 6i, i� {he Colin-' n
bastion 'F)41a In: ;3 to- ty of .Taos;;Rtate of,New,Mez1Co, „ 1
vide;•to 1 a )•. hereby..ackt Wledges :Its Indebt- `
in�;rtfc tit +� d; edness, 'g #br.• value re�ei- I f
lm r6Vi k A pedmis Y I;6,,the'bearet_oi► ! „
Roar a the.18t;.. 'i-Pr{Ir 7f1 �I3::°1 � :, :.,•.
T '' flit the`sur1ld ,ixr-a• +
1 Rrtf O
of sa d' I FTV,��.-ff ;D�}� 7#1 . .,>. t r•
the ) poq• f „r In .1av�t
said b" a n•in- Stated:-bl• t „
.0 pal, at 1013 L' Set- theregii; a i►id 'ckd'.ny�u e;
les A j�1H 1'i -,6R,'-conitkWl.1,9 :tit' fromotlit,'
of the� gleyncoupon.raven u,, of — �cr ��_ );per lrtlnim, t
bonds. I: . payable'4. t]rl�l ottltie t
Section The bonds issued a r,1, ay,of t Qt9 1ri`eitC „
sold shall be payable both as f n yyear, tint nctpal. t�dt:Jitittire 'r
principal a6d Interesti. from lhr i Hein pdydblej ubgd 'p4ea«entahion
net lncome'dF the'factiltiee.lur,tl_ rind gurredder� tl}1, bond;txt•'the r r :.,4 •.,• -;,, ,, ,
ed at the Taos Municipal Airrwrr j repot_- pjt�ion,�rXit out- ucttm
whether or not financed In t,h++Ir for;gxcharlg8 pprr Ce11edlottitthats- \!' i !v•.,: I 1' ^n
.or in par) with the precerd. nt i I es,-at .theff•fce o[= the )�'ow(I !,.;
this bond issue The. net L.......„ • Treastiier;; ol; I3otV"Me% +-, t' „•, :n1,: ,.,t nu
from the 'Issue. T . crated i •(This,Obrld. In iubleC tA'A�oi ,.,i.; t,`;, r !>,\•, ,..,• I'.
P redemption,`0(k; Qril' 1.bi101 'i rid ,
the Town;•of Taos New. Mi�+''"
at the Tans :Municipal• Airport th anyy taleres c;pgylrient'-d#fte _ r Q �',
theTeatfer;?at•- pat Plus- ,¢,.pttitri= f; !;,, !: ,I �r,
shall be laced in a 5 ecit,I fund.
identified the
"Air Tifton• lutn'01 flue YtiCPtit.(3%)" �,pHtA-
tie Bond Fund" and tYte T,rn n „r r1PA1.)• - � c' ?s \ „
Taos shall pay from said ntr••t. Payment )pt,thjs bond aqd, tn= t „
after provision for alb refs sw,a a'•� Merest th�rloft sridlL br madevl Ile=
ly,from and:,as-secur y-toV3 eh'
expenses,of roperation:or m„in. Paymct►ttthere Ss pledged, a:spect=• ”' d 1, ,n
tenance,.*.e prinripal'or still fn-I al identlttod. as.,;,r " •• , \.
terest on said bonds. Said hor.d• - c ,a „ R• f
are additionally secured 1,v :, pVtvenue Bond'tt Fpt1a.,
loco i vt•tdep, t)ie ;T0Wh;'o[k•Tpoa' f
pledge of revenues derived from cove rants M pay from.the.reY4n
gasnllne taxes fixed and ^ollrr'• ues',to:be•:derlved',fio¢n the'1per�k
ed under the aut.horily'nt ` r c-jB'
t.ions 14-39-1 through 14-M-11, 1,.)I. anon`of Its •hitlfott"faGliUeti 1°cf- ,!'• ..
S A 1953 Compilation (as anu•rri- ter.lproPlsion.Tor all reasol�abld r f „
ed b )laws 1965 Chapter '+++ experisea o[ operation and'M11ft
the La permitted pte t •rt ti :tenance, aunts sufficient. toiridis' " + ;
'14-40-10, 1V 7t1 S.A 1953' rcmr,il i charge, then due, the grinClptlrof
lion (Pocket Su lerdeti2). �oliv and interest, on the 'bonds ot �l,he F "^ •,• ,i ,•
pP series. of Ivhich this Is ohety' aid
Ing in this' 0rd1pance•..sha'1 I+r•S bonds`are additionally'secure by:
construed te. prevent the 'roll n „f„ -
Taos-from applying to tit,, pal 1, a m gasoline revenues -d e ri st e� t i
ment of this bond or,the uth•res •: from gasoline taxes fixed and'.�o1= t
lected• unditr the authority ot;Seel. ..
thereon! any Inoneys ot'the 'roll It ;I tiona X4 ;.,'38 -l through 1;4;;:88 " ' t• -
'of Taos which may 'be ocall}' (as.TainiNW sled by'r lawxi'e�63,,
available for that,purpos, `�
Section 3, The bonds of �,,id .rr- ' Chapter'' )`to 1thif�a_,et{ ¢eta " '' t'• !• �:,
t mitted alp 9 e c>alp 4fQ- „
des shall bear date as.ot .�I •I I.
�8$Q0 , n=c 1 Yi !`
1966 consist of twenty (201 I,.,rd, N.M•S.Atli;7 Compitnttor►,i(F!({ekf
In'-the denomination of i5.'r+!.+"' et ,6upptelgaht�',)Noth�n Itie)ein
each, numbered from 1 v, :'u coritSAnl s�haIi,•:be. Cotls{:pgd 10
both Inclusive, and matu.ir.: r ,i prevetltdlit ::Town from dppi tlji t \t
regular numerical order,+¢',011",,, I tto Alho fl ` �3 y it
i" "!' 1
'on the lit day of April 81t t
Of the years 1967 throu):n L'!71;.1 of the Towp,gtb,�1'may be"Ieg¢l- " z
Inclusive, 'and 310000.00' -it ! h r I9 avafllaartble-for' Yhatfp trpooer', a
tat day of April �n each ,'f 'he Town ,otr; 'Taos,t p v Le
years 1977 through 1991 n'.+ agrees w1�tl the 'holderd tit
iva. and bearing Interest ,,t :'•e ' bond''aftd'lvltli'• �de11
rate of—per cent I -" ) ;, person witamay beCOtne�ee±. Id•
'num. payable October 1, I'"" ,', er Hereof,..that ft will ellbbll:"and ,
semi-annualiv thereafter , ter perrnrm All the'c'ovenan s t the " t
ordinance authorizln the faauanec
first days nl April and t,.„a• g
er of each year, both fir, of this bond.
and intercat ayable In a ,`' It Is expressly akreed that this
money of the Wilted 5t 1•'> ! bond is payable and collectible
Arnerira, at the office , . t h,. solely from the net income of the
Town Clerk of the Town T,u,,. Taos Airport facilities, whether or c .
New ')lexica. Bonds mature.,, nn not said facilities are financed.in
and after April 1, 1977, an �: f whole or In patt',from the„DFro- „
Jeri, to prior redemption In u.. ,reeds o[ 'the Town of Tao{,Air- -
>ort Revenue.Bonds, Series A ill
verse numerical order on Apt t, h ,
197(1, and on any Interest. pas_ � 1966. Said bond a addi revenues
f ”
ment date thereafter at '+ secured by a pledge of .revenues I ”
a premium, of flue per cenl (3°,1 derived Ile gasoline taxes fixed
of 1rr Incipat. Notice o[ rrde,.u,u't and collet-fed•under'the authority f
shall be published in a ne-st ap+ of Sections 1 38-1' through '1gz38-4,
of general circulation In the Taltl' N.M.S.A' 1953. Compilation• (as '
of Tans at least thief 1301 drtle ametulcYl' s.1965, Chapter
prior to the date of fed 0) (If Us 300) to S'qermitted b y
Section 4. Said bonds shall bear Sections , :,•NM.S.A, 1953 „
the signature of the Mayor of the. Thm ad mmye t.)
Town of Taos, New Alexlco, and 1MI y + n t'h e r
shalt be attested by the signature IQ+
„r the Town Clerk under the seal full the pay-
nt said Town. The Coupons at-, me �tbe• cl or ln-
tanc�d in .aid hands shall beat,, ter. thla.-I liga �.other
the facsimile signature of the than:6hb,."ph port RePen a Bond
Treasurer of the Town of Taos, Fund'" 8n0 the addltlorrdl recur-
New Mexico. 1lv herein' stated.
Sertlon 5. No member of the) This
bond Is Issued for t he
Rnard of Trustees of the Town pul'Pube of preparing, acquiring,
of Tao, fir any person executtn�� r
I h P bonds authurized to be Issurtt
hereunder h shall be persona)bonds 'rnnstrurling and Improving Air-
aro payable solely from the IN+rt Farlllties of the Tmcn of
4nurces hereinabo%c desienated. I':ros• Ncic \lrsfro, and rs Issued
In xtrict rnmpfiance ttith the Con.or
uetivri,lt�l,�i idinii of the of `e1ut,`n and Talcs or the Slate of '
C.CIrq,
liv It 1% hPrch,, rcrllfird Thal a 11
^••++••n F 'rhr said hunch a ut rondltuat.,
,,. rots :uuf tlth4 s re-
4ulren.bi; the r•orlyUWllon-.
FILMED DOCUMENTS
ARE THE BEST AVAILABLE COPIES.
AFFIDAVIT ABLiCATION
A14 ORDI NO
Forj�:, S,
PUBS A
IONS State of New Mexico,
FN Ss.
ST
TO County of Taos
PO
BOA . .................... ..............................................................................................................
TO
see pro- being first duly sworn, declare and say that I am the (General Manager) QEdWM of the
vide epar
an� The Tao p Newp
p.
the Thy ........................................................................., a semi-weekly newspaper,
own
ehnif published In the English Language, and having a general circulation In the City and
of ea sell County of Taos, State of New Mexico, and being a newspaper duly qualified to publish
the of
said le Ir- legal notices and advertisements under the provisions of Chapter 167 of the Session
elpal a GM 119reri, Laws of 1937• that the publication, a copy of vrhich is hereto attached, was published
le. April 8 constit ItIng at
of the n0g6tiatbi coupon revenue
bosecnd.-;. Ine.................................................................................insertions, and on tion 2. The bonds issued and in said paper for..................
sold shall be phyable both its in
principal and 'interest from. the ....................'"Raml.ay..................................................................oi cash week In the regular issue of
net Income of the. facilities 10clit-
ed at the Taos Municipal Airport, the paper during the time of publication, and that the notice was published In the news-
whether or not financed In whole
or In part ,\•fill the PrOCcedR orl 1n
this bond issue. The net income paper proper, and not In any supplement, for........................Q......................Insertions the first
from the facilities operated ed by M
the Town or Tnoq, New exico,
nt the Taos Nlunicipal Airport publication being on the...........8th.....................................day of..........Msi..r.ch...............1 19 19............,
........ ..... .......
shall he placed. in R special fund,
blen Lif ird as the "Airport Reven-
ue Bond Fund". and the Town of and the last publication on the..........................................................day of.................................... ..,
Taos shall pay from said fund,
after provision for all reasonable 19............; that payment for said advertisement has teen (duly made) or (assessed as
expenses of operation and anti enance. tile riacipi�i of anti b-I court costs); that the undersigned has personal knowledge of the matters and things
terest on sal bonds.bonds. Said bonds
are additionally secured ""ir-a Set forth In this affidavit.
r revenues derived in
pledge 0' 1,%,d and rolle,1,
"d sollne taxes I '
under the authority of Sec-ILL 14-38.1 through 14-38.4, N.M.-
S.A., 1953 Compilation (as amend-
ed by laws 1965, Chapter 300) to .......... ..................... .... .............. ...... .............................
the extent permitted by Sectloll�t s..........43.05... for-G• e al Manager
14 N.
-40-10. M.S.A., 1953 �Orn Ita.
tion (Pocket supplqment) , 0 h-i
Ing in this Ordinance shall b(I"
construed to prevent the Town of at $............................ Subscribed and sworn to fore me this..........I.Qtt................
Taos from applying to the pay-;
ment of this bond or the interest
thereon, ang,moneys o the Town i 1.30 day of..........Yla"h................................ A.D., ig..66....
of Taos which may be legally ax $.......I....................
available for that purpose.
Section 3.The bonds or said ser.
len shall bear date as of April ,,tar s..........44-.65...
1066, consist of twenty (20) bonds
............ ...........
............
In the denomination of 55.000-00 Notary Public
erit-li, numbered from I to M
both inclusive, and inuaturling in
rr r numerical order, 35,000.00
o........=! ist day of April In each My 136-mmission Expires
of e years 1967 through 1976,*******
Inclusive, and $10,fx)o,o0 On the
Ist day or April In each of the
gilrsi977 through 1991 ................... ........................... Q.
e, and bearing Interest at the
rate of—per cent per an-
num, payable October 1. 1966, and.
semi-annually thereafter on the,
first days of April an(t Octob-1
er of each year, both principal
and Interest Payable in lawful
Mon of the United States of
A rri,�
gm I at the office Of the
Town Clerk of the Town turfing,4ew lilexlen. Bonds maturing on
and after April 1. 1977, are sub-
ject to prior redemption in in-
verse nUTTlerical order on April 1.
riterest
14761, A'R�e 4`AeA-'4kter PIHIN;
men
n premium, of live per cent (5%)
of principal. Notire of redemption 1 W7
shall be published In a newspaper
of neral eircuthtlon In the Town
of &Flan% at lca%t thirty (10) days
prior to the dilte Of redemption,
Section 4. Said bonds shall bear
the signature of the Mayor of the
Town of Tnos. New Nlextco, tknot
shall be attested by the signature
.or the Town Clerk under the seal
of said Town. The coupons at-
tached to said bonds shall bear
the facsimile signature of the
Treasurer of the Town of Tn03,
New Mexico.
Section 5. No member of the
B o ,.,of Trustees of the Town
%on executing
or an o er.
t
e
uth (
a r zzed to be issued `,
here,
here der shall be personally H
note on said bonds and all bonds
rom the
are PaYflhle solely f
sources herelilabove designated..
genebond is a debt. liability or
ral obligation of the Toivn of
iTaos, New -IcX1cO-
Section fl. The said bonds and
coupons thereto attached shall be
In substantially the following
form I.:
(Norm of Bond)
tTN'lTrl) STATES OF A_4IER1CA
STATE OF NEW 31EXIVO
TOWN OF TAOS. N't1V 11MIC0
AIRPORT RFN'FN'UF, 80
SERIES APRIL 1, 1966*%DS
No.— 35,000.00
The Town or Taos, In the Coun-
ty of Taos. State of New 'A%IcxtcO,
hereby ackno%vIedgeg its Indebt-
edness, rind for va e lu received.
promises to pay to the bearer on
the 1st day of April, A. D.
the sum Of
ME TIIOUSAND DOLLARS
In a%%.ful Money of the United
Slates of America. with Interest
thereon as evidenced by coupons,
from the date hereot at the rate
of .— per cent (07c) Per annum,
payable seml-annuallY on the lot
da� of A nd October In each
�Ar, boff"prllnelpitt and interest
Ebeing payable upon presentation
d surrender oil this bond. or the
per coupon, ithout deduction
1"Tr exchange or collection charg-
es,,, at the office of the Town
Treasurer, Taos, New MexleO.
*(This bond IS subject to prior
redemption on April 1. 1976, and
on any interest payment date
thereatter per plus P, prem-
ium of five per cent (5%) of Prin'
cipal.)
payment of this bond and In-
1,,est thirreon shall be made sole-
N,,,1kq1ss ImeurityAor suep
Ich the Town
into from the reven
LcaeLonhe derived frcml the oPfis
Won of its airport 1 rensonable
Icr P
rovtso`n operat%on and m dis-
expenses sums suttlelenr.nclpa, of
lenance,when due, the p
charge, the bonds of the
y and interest on thls�Z. one. jaId
series of which secured by
bonds are of d�rtoe uie der dvcold-
a Ptei1 asollne taxes fixed and See-
fro
m gander the Ruthority
lected .1. throuflaw, -j966.
(iAs nom 11e`to the 1c' 1h.40-10, DOCUMENTS
Chapter 3f1U1 g d c t l o n
by nation 1Pock-
mttI.-- herein AVAILABLE COPIES.
v�1.5.A.. 1933 CnmP
t,nn^5ur ;ernellii. he)Nothing
Co strued ,to .
present the 'ftnrn from All[A JSA
In the payment ni tAny moneys
the In %nllirh jnay be leFIal-
of the Tnwn ur ose. the
ifownalof b1Tam thNcµ M e x l Co.
i agrees with the holder of t h 15s
bond goof with become t e ever
bond
person who mRY and
or hereof, that It twill keep
perform all the covenants of the
ordinnnee authorlxl"9 the Issuance
of this bone. reed that this
It Is expressly Fig
bond is payable and collectible
solely from the net income
Tans Airport facilities, whether nc'1
not sold [nc111t1acMt are nthce financed ,
whnle nr In P
of the Tmvn or Tans Air-!
�ePnevenue Rands, ~cries nallY,
,Rid bond P nddirvenue it
by a pledc, n• w
derived from OR taxes fixed
and rnittcted un(for the nuthnrllyy
of Scctirnls 1933 'Com�ltlotlol
,1,ht.5.A•. Chapter
amended by Laws , ted1bbV
300) to t e tent`-F"
rompil
Coe hold not
The hold b;_o ire r
look to f for the'pay-
funds of win of "r. In-
mcnt of the i ' o t h e r
tercet on this obllgnilon,
Funi.!he
andf,I a rin' tlonAle secur-
Ily herein staled-
Thl se bof d preparing for
cquiring ,
purpo
constructing and improving Air.
lalrl Facilities of the Town of
fans, New %toxic", and is issued
in strict compliance with the Con
slitutinn and laws of the State of
New•Mexico.
It is hereby certified that a 11
conditions, acts and things re
gylred by' the Constitution and
f 't laws of the State of Nov., Mexico
to exist, to have happened and tot
have been perttlrmen, precedent to
and In the tash6ancc o this bond,
exist, have happened, and have
been perlotmed, and that the is-
sue of bonds of which this Is one
Is within every itmltatlon pre-1
scribed by the Constitution and;
laws of said States
iN tVITNESS 1V}IEREOF, the
Town of Taos, New �lexlco, has 1�1 '-
caused this bond to he signed by,
its Mayor, sealed with its corpo-
rate ,
seal, Rttestc( by Its Clerk,;he C.
and the coupons reto annexeW
to he signed with the facsimilcl
signature or the Town Treasurer.
As of the 1st day of April, IM5.
?M Mayor III
r°.F,'AW
MST:
n Clerk
(11Pt,"(insert In bonds, maturing on
an after April 1. 1977)
Worm of Coupon)
`Coupon No,—
.... series April 1, 1966.
On the 1st day of April, Orto• ..
;;her, A.D.: 19—. (r+ unless this
,bond has been called for tlrior re-
gdemptlon), the Town of Taos, In
y the County of 'Nos and Slate of
New %icxico, %%-III pay to the hear-
:.jer, at the office of the Town
Treasurer, Town of Taos. New
1 Jlexiro, the amount shown hereon
In lawful money of the U n i t e d,
gtaics of America, sole:y from the
)ifund dcslgnact(I In the hand to
lwhich this coupon Is attached. '
being the semi-annual interest due
nn Its Airport Revenue B n n d. .`
dated April 1. A.D. 1966, bearing
No.
Town Treasurer
1+• Insert In coupons maturiing I •F;;,,
oclober 1, 1976, and thereafter)
Section 7. For the purpose of ..
additionally securing the pavtnent
of such hands the Town pledges
the receipts of gA101inc taxes
fixed and collected under the au-I :=
thorny of Sections 14.38.1 to 1.1-38-Ir :.
4. inctusiwe, N.tf.&A. 19:53 Cnm-.
rllatlLs 9d , y Chapter
said receipto) awa 165) ���...
ishall he placed Into a sinking;,'. ;:.;•,
'fund, held separate and apart'.::;'
from other municipal funds. When
said fund equals 125'6 of the grin-
elpal And Interest requirements
for the fiscal year any additional
from le serb tranfralthal y may =i,
the general fund to he expend-
fed as the Board of Trustees may ,
idlrect. Moneys in the sinking fund
'shall be transferred semi-annual- a:...
)I to the Airport Revenue Bond
tVSe
11 Section !l. rto*.eys in the Air.
R rt Revenue Bond Fund shalt he
used to pay principal and in-rest on the bonds herein issued cording to their ter mK.. Any.
.MhNMV• M.-. �'
� Isha!Ihr Irnnsfrrrcd annually to n
, e find In he kno•.t if ;I '
port Re%Prim, Rand, srr!es 1p,;,
\or11 1, 141;1;. iteslvtr Fund."' p,•I•,
When the res,i•%r fund rraehes tin ni,11
Aritrlunt equal ire the Ilia xinwil l.I,.s
amount for line cr:u'c lu•IneipnlFa„11 .
uld I11 yr t rrrlulirmrnis art ihrilydt
hind h^rrul Issued, no ntot•e de the
p„slle nerd he ntnde Win tier ile• a,l
serce Fund unless it is deputed
lirmr es !n the Reserve Fund shall
Ile 11411 In make up ,tic Ilefirleu- lot I
In the Airport Revenue Bond. If
fund. \inners In t hr R r s e r c P
Fund tna� hr III\•r<terl In direct, oY.
obIICalGms of the ('oiled Mates
Srrlion q. No bonds having a. he c.
ien supet'lor to the bombs hrrrin ct;
issued shall he Issued %chile any
of thr hands hel•rdn issued nrr -`�
maslandulc. Rands h;nlr>; a hen i;� }
equal to the hnnlls herein t¢sued
limy hr issued tit any lime that ##
!lu• rcrrlpts from the tr.0 nteilial
Ca'-line lay of the Twirl for, lhrh;.1,, t\
urcrcdhlC 1 %1 r I t r months it u'
,dual to 15w; of the mn�imunt�...
!,rulripal ;I if d interesl Iequin
ments it Ilse outslandinC bonds
ruin the bond.e proposrvl In hr Is• ;
.uerl 1;,mds hrlclnC n Hen infenor. ('~•
to Ihr hands hrrrin Issued may
hr. I�smrd ;it any time the Toai11 .D
s nil In defnult In the payntrnl
priru•Ipal of ;uul Interest nn the ^Il
hands her r)ein Issue h (•'
Sertinn 1n. That if nny one nr
j w e t l o w; l o t, f l a i•t c of I h i s Of)
�a rite shall he ad ludtrd fill. I'll- J
,,stile or Intalid, f.ueh JadC•' e
�, .
'II shill not affect. Imp;nr or pt.
i+ \and•IIv the Iemalnint• prod- bd.
duns of this 01-dill lic•, It hem:.R�j
the intention that the %❑emirs pro
\islons heirnr are seierrrh!e.
�evlwit 11. All .-I;it lr,s or
!ult•;s of ot'dlri.In,es In rn n r I iv!
h,rrl,tlI nrr hrrehy Irpealed.
Sr,linn 1'.'. Thi•. n?dinar er Ic
ih'Io;it•-e1'hy drrrlarel L, he nn enrc”
W.Ittlanve ni'd II sha!I m #
1)1,
and renialn irrrp,a!ahle until Ihr
salr; Airport Revenue Ronds, Fee-
vs Aprrl 1. 106s and fill, ;nteroO
Ihcrenn, have hrrn fiflc paid, stir. � .
I'ru•d and dlscharCerl' n% hrrrin
pi'rtt 1drd. �"'+s'js..
iX Wi'I'V EAS XV11FROP, I If i s -
r,�,fl^:;nrr ,-.n: ;ulup!,•1 he fill ar
r:Itnnllie cite of thrrr•filurth, or' i;
?�
; if the memllel's of the Hoard 44 ^ ,r
i" 6r 'r•ru�tees of ihr To„n or T a n s, ` 1
\r, 11r�tro. and •Trim dur rx:1m1- ,•
w•��'-'.,. ^;,!Ion. approted by the \lacer of
Toren nerd attest rd by 1 he p_
Q and file cm-i-rnte .seal of
l Tm,m erfl\ell. on this 41 If dap i•
APi'RnVED:
'lt59(' I,
, \•ICU
Y ' Y
tfot!c n Rlirr� 11JJJ
,t 'd{ jl Vin. I ,. Pub. arrh c f-
"i 1; - h•
1\'
i JR
1 r
'1
i
�•! Ilia!� +! li lrrr
e ////!
. I' •, ,,. . , 1' i .II," p.,:1.111;111"1, '`' ,` .,
I, l. .\l1,.,' i
o` Itt Ir ,u'i• 1,1; Ill• 11,11 , .\ni,l ft,tt
1111 .\.1, l-1 ,.o .:!t•cc Ih,t
f:,, ,. .,, 1,•npr' „ ,1.. ,fir• r Ilal
•I, I', ,. \i I' \, fn; p\ell:•'._ 1'I„t1 Flit ",•pi: , "1 1,
.., „ " •1 ' " I•n
„ r„ . Trra,;.,, 'I', .'•` , 'I, r, ;" prl„ !'I• 1'"11:;,,• „( I.. ,- 'I^,I �In•r "
.I 'f r, ,1.1•,1, n", 176. 'i 1,,,l ':v• ',l r,..„� ,,� pn' I, 'tl, In•;u!
, ,I rr.it•nt;,,• .\m: ; ,.i dill, i :i' 1;11, „•, 1,r ,;I' 'i' •,,
., ,V1, . '• n• ,I„ ..I,.r- i.1 ;q'rp,. .T.I r,,- ,II". 'I''„tI n', �'n,l. r„
I,'1( a1, 1
lltn' , „ - ,
.I . ''I• .\ •.,t Cr'. r.tp:,, I„ ,l ',1,o .tr1 ' .\m1,'•„;, ."I1, f:,,!n il,'.
I 1 , ' ,I !I '1',. „ 1, L'I,` tl;lar .,�� ! 'I• ,, 11 -IC' .,rid I' 1':1, 1 ;, „
•!' .. I .1,i „r It,l,. ., „ •I:d ,I s'.1• n, !, 'IT •, :l„ ;, ,..1. •,•,:
".. to 9:•111 ;1- ` 1 )1 ., hr.. _ tilt' �f n'I1,t'lntia 11`1,1 re! 11
,, ,. ,. �,• .. . •r 11 .a. 1.:1)11 , I, _ ; I,1, " 'S :. ;n"': fie\r, 1lrr
.1 .1, , .,,, .,,I , ,+: :1! .,},,., ,. �I ,•,i•,•,I A1•"., 1. AU 1'.lyd;
ill ,1,'4„t• \ I:' .1 .1. ,•, \,, ...
it 1,1 ' " ,
''1'�^ 11111( I''�I' •Ir.,..0 , Ir\t"�• 'i', ,i, 'I'rr;leutr..
•I en1'r',a,il% In I',,', I 1,!n Ill, „Ill". I•• 1'111.1,"I ". .... .„Ie Imil .f,1, _
P,1.,, c ' . .•,1 „ I'rt. In nc 11"I, " ; '. (, „w•t 1. 1'1-Il. WWII Iltrl tvlfle 1
pal I;V, 'I`1, .,.�11tut '
Ill till "f .I, d III f, . �.,`n;lnlr S-1' "n �F'„r Itil` I'urhn,r n'
I 'l�_l, 1 i 11 :. \! Iel' 1''"t t�',,' '•.. , ,•,I In',I"' ,1,1,1.:1"1!:111\ crr'tli'ill); it',` p:lt rlr`It'
„!1„ .111,n 1;i. It ,1- I.
. n nPr, n ! urh h,ntds Ill' 'f n,it I,•..,ICr,
eel s11n1, suL'rtrtl! 1 „' 11cr rrripi, fit a%"I.:Ir 1,,t
.;!111, ,t, IellA th'l,
,\l,•I;' „ •n 111 rd I,\ �,• 1 „ ! i chaIPt•, \\licit dtir, rho P:'I:1,",a!il ( ,.
;p `ell an d "Ilerlpll ,nulrl IL' an-
11r 10-iri \l.� :\ . ]!+:,;' 1''a1n' ia- and Interest nn th,• hnll one !111\1 that it) 1,r �rcl!rnlc 11-ati.l in 11-:fa-
1'":I ,Po-k1,± �;w-olrnleill l \,,:h• Serra; Or r.hu'h 11t:< spelt rrl ht 1. inrlusn c, N..'t.i.A.. 1'l�a I'nel-
Itt_ !!1" fl•dlit,nar ,Ina l! he hunts Are ad1111inIM11a 1;1:11 in11 me alllendvil It%, r'ua'dot;
r, "sl'�Ir'I , nIr•\r'll I''1, '{'"\•.i' , :i Ulr.lt:'• ' I0VIIII . nlandtl„II :lull i.a\\a 191;;1 Saul rr,r;pl%
f10Pl1:Ipnl\'u1L: 1„ illy pl;r frnm i•I%nil .r IIV fl\', d F'r- snail hr 1'lacrri Irvin a c,^I<Inc
icrlr,l Inuit" Ill,- nulhnt:l\' „c fund. lIvIll see;male and ;111;I 1 !
r,,•,.! fit 1: hn;,rl n:' lltr Inlrr,<! i
It,rnula` 11 -
1 11(". monp„ of ihr '1'0•' n ', lmnc 11 i I t' I .. hnn, from ntn'r ntuniv1paI funds tt'hrl
of l'a,•, v I'll h 1,l,,\' hr ii'PaC}' ,;IC anlnl,111 in Ihr V%Ivn, prl. said flint\ eyunls 1'1.:,'- 'of the Pull-
P\nl'Itile In. IhaI pill l„':1,. ('!tai,I1,l' , t "n 1i-In-tn c:pit: ;lilt Ill I Brest 1't'1111 11•rtnrnt,
"•.',•,1 Tt`r L0n1c „• s.ud srr- n,,I I' I i" „ Ip„,I;. r,,,et the flora, )'rat Ac} :1rir1!11, 'i;,'
!r. :h:•It lw.,t ILt!e a, n.' :\1'1,11 1 .�',I ti!, 111: 1 l',':' PI' .'1('1' e luP, (I .tit Cn:nlnle I;i\e% d,lt-
!u•,,: , v t:'I) h a•d1 ,"'it�n_ heir. that \raI TwoIt hr III fr!II
1" ihr d•n„nTn,at,or, of .�l.rinnon " the ••ilcrAl fund lot hr P\pv^'I
e,n91. "!unhrlr•d h',ntl 1 '0 'v1 7„rtell! t'•" •' •1i n 1,t ,,; ell ae the nr.a d fir Tvu,trec et;,�
h""' .'l I, it t• a' d nlalul'utc in Ihr• ta,'.'.nrll „ 'tl ditto. �lw.,,%c I1, the spikwv fit ill
I• r.,nlr,ual nr,Jrr, c,nun lal 111c nitr,-r1' Inr,r,gl. A:'Y r,nnres shall he trrin,frrrrd senil-williml-
n_.... Ict d:,\' „� .\prll ill ea, t; of tltr Tnt'n ,+hn'h m:O' hr It'Cal• It' In life Air{,orl Reienue Rnttrl
o! \pa•, 11,1';7 Ihr"uPh 7`17x. it, a\'ailable In" ih:rt purpose. 'I'ht Fufid.
!n'it,.•tr ;In'1 -II,N011111 fir. t h r hn\\n of i'anc, \t,\1 I1,o Sertinn R \ionrys In the \Ir-
{,t d;O' fir .\I';ll trt rarl of IIIP nizi'ees with Ilse howef• of tills I(,art Rc\enue IRnnd Fund shall hr
\tars 1'1-7 ihr,nlCh 1'1`;1. nu'ill,._ hand And \\fill rarh and eVvIr' hr%i used t„ pa\' principal and it)-
kv a",1,{ hr.,l"I1;: inirrr,! at IJif prison uhn ina\' hccnmc Ihp hot(]. Itr'p!:; 0l- Il:r hnntic herein Issiled
rate "f UI" „': nrr a... e1, heteor, 111,11 It t\III keep anit nrr,rr;Int;: t" thee- terms A n
num, U:Oahle U"1'her J. 1'11'':. an', 1'erfOrIll AI! tilt' rtncnalp or ll:r lilt. ,,\I II"I",^' 'w in sn'd funri
spelt-ar,nualn' Ih,•:,,iftrr lilt Ihr to rdinance aulhurizln ihr Issnnnc'' shad hr ir:l:tslerled annuali}' In n
,1;,%, r,( A:,'-1 ;r'e'd rlrinh- or th,; hood. I60pat;Ite h.nrl In hr knmin a,
n' ra,h `.'cal. 11,,;'1 Prutr.n;tl 11 is r\pt'ccslc netecd 111:111 this \lrpnr•f 1:1,\pnur Bond. %price
h"o,l is I.;IYAllie ;I PA rnller'Ilhh, I \0'.11 1. If;(; Resrt'\'c F'und...
r u, att!fit IV i!,onI Ihr tt1,1 !,,rnnle fir Ihr`
niw,t ' or Ih(' i'tlitrll Stales of \\'h'n Ihr I ial tt, fund rmaxinl an
Amr'I,,i, n! !hr dfn'c r,• Ihr' 'fans Aupnll fa'•;III,,•., "hrin,'r 01 'nnunn:f equal to ihr ma\Imum
Tn\'n I'u'ri; nt ihr Tn\\r „f 'fanc,� ilrtl :.ltd fa,'illlu•s atr f:n In,cd 1': .nnunlnt fn„ fine )teai''e prnu'IPA1
\r„ `.ic\Ir„ i:,rl:rfe roalur11)r ,1(t' \'hole 0` ill Pali fr"m the Urn. ;uvl u,irrrct Irr!u!'rmcntc on ihr
cer,!e fir lilt Tnt\n Or T:nrs An'- hl-: d hr'Ir:�• Issued, no more dr•
aril all0r Api't! 1. 1!177 at'" suh- r,nue knr,ic. Sons, ,\I' If ,„%1+1 „01,,1 1,r \Halle infn ihr Rt,-
Ir;1 In pet,, cdrmpttn:l m n`- 1` I
f .:nd I :c ;"10't'nn;11I\' er'•t,• F'urri Inl'rcc :1 Is drPlMrd
\ n:imr:n a I n•'dcr on April 1.( a ill( s
! , ''"•"1(o \Ln'c\c in 1'Ir Rrsrrtr rued shall
071, ,..,I e.• '!,IC;rst I'•I,.-
n•, •' ,1,1ic 'tlir,!';;„r' t'`rnrd frnm :asnlulr t;'\1,s !nr`I hr 1(•'•,1 in make up ant, drfictrn-
a ;nl•..'nn. "r f•\1, err crltl ,:1"0 ;,fill It:IV,tpll u,„Irr 1111, nu!h",'It\ r, u, till' A01-ri 110vi !ul,
I• ICII,',' '„'tar of Irdrrllpta'!: of �rrlutne 11.•1.-1 llti„',�I' 11- •l. 1-':ind >1"!a',5 in till- 1, rcrrt'r
r Puhl,lhrd In a n'\t cp;inrr ;C 11.fi.A. 1p:,:i f'IlmpilniI"1 me 1 cI.'I :n:,', hr !^.reslod !n d;rr•I t
,,•.�I 1,n',:I;,!:01( u. r h Lillis ]9i 117,. It 11:I1,1cr oh. ;;: I i ,1,•,s or ihr 1'!'iterl Slater:
It> ,anl (IN- :l0oI to the %lent permitted ht' :rrliOn " \" hnntic hatlnC :t
i„ to 111,• ,I:,!,' "1 c,lrmiltn' Sect iron 14 ZO N.M.S.A, 195'+ !;,•n suprrn,t' ill the hnllds hrrrin
,hall t.0"r ti'L supplement.) issUrd shall hr Issurrd \'h!ic Ill-\'
?1,001, 'If the Thp hold i this bond may not of the 1„11(11 herci,l lcsued art,
I'1 lank in U111 V(tneiral or nther (lilt s:nr,,Ln::. f;"^,is hat e•:; a llci
I:n!! hr a!','1I,d +,•. lllr s:C'-..I'•-rc f11n,IS of s11(� TM4n fill file pal'• p,1li;it to !hr hwulc llvrpin i„urll
of '11r• 'I''":, I L"i: :mllvr the u`;,' tn't:l n! Ill- Ill t III!!,:II of 0? . � nl,i\' hr , ',ell al alt t' limp that
Of ca ld '!'r„' I'.. 'i'".r' t'„tl;IOr , it!- lvle.t ,ell tills :,hll_:11",'l, 1,f 11,1. ihr• Ie,'r`l;, (runt the trowil''11'a'
"hr,l In ,,1(1 h"nd, sha!! hrar '11,111 Ihr ".11ringi 4e\enle i;.IIt P,1„'11cr la\ of !hr Tilton for tilt'
tilt '�r, . '1(11' of ' h r Fun,t." ;1 ill ihr add C;"':a, s".I!:- p:'1*poll:: 1 ., r'\ r mrinl he air
't''1,•;,,I°r" 1hc�Tn;'.n 0( 'f:•ns, ,t\• 'n-Ien shJr'1 t`gt:al 1,1 l:,fir: of Ill., ma\Inuln`
.' 111,.! „ 1'h,s h„"1,i ;c 1,,l „• a' p:jr, IIlaI ;Ind ;Ilotr..f Iequlrc.
;n nJr1111,cr of 'l:1, pulvwe Of jncild:illg. 8iyui1,:111 mr^ic of l,tr n'•!lslani!•t T; h„i'd,
t;.\ n1, '1'', •!1,r n' !Ire Tnv • jilid Ihr !,,,•.1,'c p!vy,n,erl In hr t--
, ' r\rrn' _ n.,5lruc:U;L• and lot{n"\; _ \'; sued I".wfic ha\'m^. to I,1,"
ihr l: a h' 1 11, hi. t ra"11111r, of Ill f"„It „! 10 1'tr home hr"vin : curd ma\
,�.,, : \p•` \Irvr'. '1(J ,i h, .. .•,I .r alit, time *.!le ",*., ,,
hh. .1(,1 il. ,. ;,:t! B, e ,• :I ,I;;r 1'nill P!LIIUT \\ ill ,hr`I.
Is , '. L• dPta ill! 1'1 the pa v:11,111
n, "r L"m i,tutum and jay., of tap . ,alt ,:, of p:: 11:,;11 of :,•,1 :nlrrrct nil the
drelcr:,!1',f r\\ \Irvro hnirl% here', t1:t,rrl
fir, Ill-!• 111 111;11 i' allP r
hrirh) rclWil"I that A I I
.L,.t;"i,c ill Pit c (t I =
r„II IIIllnlls, al allfl ll1.i,CS re-
l'.n- \1711 ,0 ,third h�' 1111' ('oust,It:lt"11 .lilt Or i hr I. s1( -
r °'n1," ! L Jc fits of Inc State n Anrt 1 ra;dl 01, 1r\'fecl such .;r I -
hr f \1,v, \l1,\:,, \till• shall 1,.n! arfrrt. \meal'• n'.
.., '„•!: a^.1. 1:11' .,, r\Ist. In ha\v happened and 10 W*,;i;;d.i;v Ihr '.omai:.tl:_• pro••:.
i le - hn\'r butt performed, nrrrrdcn! t" 111„• ,1,r !1111 (ltdlnal:rr, It he 1
Ind It: the :c5uan,r ' f 11:,, hoatl ill, I: lrr.tu,:, inal the \arinus p•,
'1„till of IGrnd'' r\ist, have h,1ppenvo. and ha':r \•1sI"1,1 I•;•l1,"' ',1,p sp\rral,l_c ^
\'\Ill It •'I.1'll:� ill \111:1\11 1 hrrtl ppr(r,rmcd. and iit,r :hr Is- fir• ' 11. .\!1 w&mInrc, n-
�'I \1 F: 111' \1:11 111.\II U '.tie fir hululs n( tt h!"li lilt, is "•I1, p 'ec :n r n 1,1
'11111\ ill l'\11�. \I l\ 111:\1111
to 1111111 pc'ely n III IIIt1;0.1 la r. he,1,'. .•h A'1, llelrh\' rpl,"Idefl.
.1,I1114MT IiiA FN 1 1: MIND, i .,�riht•11 by Ilie i'"1,;sLtull"n a n d Sr,`lmii 12. Thl. flrrdirw cr I s
rl.ltll:< AIT.11. I, 141:1, I;i\,s fir s,ud tall.
hr;1,h)• dry land In hr an cmrt P-
l';i c. In !l1(• ('": - i\ \\'I'1'\I;.�S \\'HF:IN:(or 'tIr ear\' nr,1:c:IC,r and shall !,r
"9',0\11 0; Taes. \c\\ \Irvro, ha, ant! ^tan' :•1,r u•a:al,le 11111!1 ^:r
„ .. 1, "r \,. ?I1,\ • ausrd this hand In hr i
,Ii;ncrl h)' said ,Alrtrn••' flr\rnur finndc, err.
i_" L'I'il :,L,tnf, sralyd \11th is rut:„ lee .\p' !"•it, ;iCrl the :nip ,,'
seal. a( 'sled h\' 115 i'Irlk' ,• orcr .I\ ;,all. sal.
.. , '!11,• t 1,l � lhr�" �.h� t:.
:fill the roupon% h„!,•'" ,n,•r,.'•'f Is,•1"d1 ;tn l !; tta''ced At, hrlcr
A;-:.''. A D. " Ie, ,r,rd 1111\ the 'nr.!nI plat d"'I
1 ;!1111 r•
it i11'' T.-ii 'f:r:ISU•r'� t; �� ?(t 1 c
i.\1; "r Ihr• s 1 ,c n„ li`
' 1 1 h 0( Ap;'ll. 1. 1,1;.
• ,. •i'', :1,` ' \la\fit' 91.':1::1', .•r " ;�!t, r. r.:t'i l:, "'
,, 1,•,I I, ,i,., I
Ai' all 'It, :Tt.. .L•1,,• r .'trrFln'Ird 1'.
e ,
Ili`S Tr'I:,;rec !Iv T. !, T
\e %I� - - 1 ;,v- d1;:r 1,•.;,r^.
..-, , l• ,<, .,I•,r,t ::, h,a:'I• In,ltl;rh1; nil ilal:,, ;.(q, .,.,,1 h; I„1, \!a\nr "t
Itlr ,,I ,,rip" Ap;d 1. 111771 �%itIII •Tn\ •,
' ,I'urnl of tail pool Cie!k-, it 1,'I "•r
'n \n. iN 1,1 ":'n ' c
U' \I' :1' •.1,,.i. ''1 ;111 da,
t' rl,v, All 1' 1 1!1,;,: or \1:1!'h 1'10,;,
" ill: iht• l't day V"'I 11,in. API'R11\'ia',
I,•rf. „ nee ,1 11 19 r.. wile's IN;
hl-, I"',!) ca,;vd fl,r 'n lnr 11,.
,,rn110wn 1 lilt, T.w of Ill 1T'I'F:r='r' .
n Tans. �
110 I'nunl\' Of Tw' ;ICri r! 51 �Iolll
..\r" \h^Ira. 1\'111 p::' It, Ihr 11 r'It 1,l.
"107, :,.''1 1I al file nrflrr of Iliv T,r\t It (I-pea
" , i'„".111: d,,•1, 1,l I \,. ., Pall \ t•
1'Ieaaufcl. Toml of Tans, \1,\c, l.fr:I lair\,
n. ;, !'!1,m- i\Ir\Ir0. ihr antnun! shut\n he'ron'
.. ... -. .. .... ..... ...............�:,iw..,. ......:.._......,....,. .....,..i.. S. .ta,... ..._..,.,n..r4+ae.Jr 'aA�...h....a., +...i.`ei r a+ta
AFFIDAVIT ONOBLICATION
State of New Mexico,
x 3s•
,. County of Taos
..............'..,`.......Sch3fe
.........................................._............................_..................................................................
being first duly sworn, declare and say that I am the (General Manager) (fdii:41 of the
t:. The TAGS Xe....w...s_.........................................................................._............, a semi-weekly newspaper,
published In the English Language, and having a general circulation in the City and
1 County of Taos, State of New Mexico, and being a newspaper duly qualified to publish
{ legal notices and advertisements under the provisions of Chapter 161 of the Session
s Laws of 1937; that the publication, a copy of which is hereto attached, was published
insaid paper for...................................... ....................................................................insertions, and on
.............�'r iurr day..............................................................of each week in the regular issue of
t 4s7" the paper duri g ng the time of publication, and that the notice was published in the news-
4;i"r paper proper, and not in any supplement, for...............ode........................insertions the first
18th .,ovarn',:er 65
.:}i',FD.1, ..✓'r}p, }p,3:,.r..tP-.;i}`-.�Si X:: publication being on the......................... ................day of....................., e............... 19............,
and the last publication on the..........................................................day of.........................................
19............: that payment for said advertisement has teen (duly made) or (assessed as
court costs); that the undersigned has personal knowledge of the matters and things
set forth in this affidavit.
PUBLISHER'S BILL
t
....... ......,. .... ....r..... .. ........ .:. .. ............. :�.....g............ .
.............. h ....lines one time at 5.14
�... �............................ _ G ra Manager
..............................lines, ............times at $............:.15........ Subscribed and swo to before me this..........?3.1-d..............
...
Tax s.........-: ...... day of......?,ovember , A.D., 19.....
.........................
Totar=.........� 2 _..... t f ��C-'�-- -�_
y�..........�............-........... ..".
...................... ................ ..
Received payment, - ---== Notary...Public....... ..............
The Tnps News y Commission Expires
By......111.:x.AIL.:...�,a..r—i&::.................... ..,F.eb......10.,...a,9 ............................................................_...............
t�te'.'*4
port: teventie.�Bon =Ftind'rhaif'be
first used to pay principal and'tn-
terest on the bonds herein Jssuexd
According to In reaid fund
shall he transferred annually to a
rnnanst. .hind .!.n ha.,knnwn__as
(Here insetAffidavit of Publication of Or nce
ORDINANCH NO. 'Il44 i AFFIDAVIT OF PUBLICATION
FOR ORDINANCE PROVIDiNR
FOR THE ISSUA iCE OF BONDS,
PURSUANT PROV1S-'
IONS OF s 6, ET State of New Mexico,
SEQ S. 1 TO ss.
AOS
TO PitE ' ,'ON- County of Taos
STRU
PORT- a
Keith Green
RE OARD OF' THE I. .......................................................................................................................................................................
TOWN OF, x[CO,
a8 '.follows' y C rt`
Sertlad.Y<.. ii pro• being first duly sworn, declare and say that I am the (C sr (Editor) of the
vide toC;tlf'"�i,. _�"��nrepar.
in�. acq Jt ' i and The .Tao B News..................................... .. . ... .............. a semi-weekly newspaper,
tmprovin i the
Board o eel dlyawn
or Taos 4 .^ rv;_On, behalf Published in the English Language, and having a general circulation in the City and
or said if <<terne,And sell County of Taos, State of New Mexico, and being a newspaper duly qualified to publish
the nelto it n..ga.a of legal notices and advertisements under the provisions of Chapter 167 of the Session
said To4un�. !� � 's;s.a grin- g p p
cipal amoun .ot:`11t> OOJ. , ser- Laws of 1937; that the publication, a copy of which is hereto attached, was published
lea April 1. 19K r,>adstituting all
of the negottib[gt;ccotlupon revenue insertions, and on
bonds.' : .,. in said paper for............................................ 1uq................................................
Section 2. The Bonds Issued and p p
sold shall he pa able both its to
principal and interest from the ..........................Tueit3dayt...........................................................of each week in the regular issue of
not Income TaostlMunicipaleAirport, the paper during the time of publication, and that the notice was published in the news-
whether or not financed In whole
or in part with the proceeds M
this bond issue. The net Income paper proper, and not in any supplement, for........................ q..................insertions the first
from the facilities operated by
the Town of Taos. New Mexico, March 66
at the Taos Municipal Airport) publication being on the....................g h................ .........day of......................................... 19............,
shalt be placed in a special fund,
Men tilled as the "Airport Town and the last publication on the... ...da of.........................................
tie Bond Fund". and the Town of p ......._...................... y
Taos shall pay from said fund,
after.provision for all .reasonable 19............: that payment for said advertisement has been (duly made) or (assessed as
tenance, tits operation of andaIn- court costs); that the undersigned has personal knowledge of the matters and things
terest on said bonds. Said bonds set forth in this affidavit.
are additionally secured Ly a
pledge of revenues derived frnm
1� solinc taxes fixed and collect-
ed a under the authorit y or S e e-
tions 14-38-1 through 14-38-4,N.M.-
S.A., 1953 Compilation (an-amend- c'
ed by Laws 1965, Chapter 300) to 3
the extent permitted by section $..........3�-........... $ditor-C'J
14-40.10, N.M.S.A.. 1933 CompMa-
Unn (Pocket Supplement). Noth-
ing to this Ordinance shall be Subscribed and sworn to before me this........13th
construed to prevent the Town or "°'°
Taos from applying to the pay-
ment of this bond or the interest
thereon, any moneys of the Town $.......•.,.1.30,,,.. day of... ..... June......... , A.D., 19.........
or Taos which may be legally
available for that purpose.
Section 3. The bonds of Bald ser- !}J� 6r 1—'7
les shall bear date as or April 1, $..............�....1..... �' -�/
1966, consist of twenty (20) bonds ,r••.......... . .....:.................:....... ..............................
R in the denomination of $5,000.(10 - . .. Notary Public
each, numbered from 1 to '10,1 _
both inclusive. and maturina in'
regular numerical order, $5,000.00,
of the yetrday of April i each, My Commission Expires
Inclusive, and Slo.000.00 on t h e
1st dal oqf April In each of the Februa 10 1968
Byears X977 through 1981. lnclus-................................ ...........................I.............................................................................................
fve, and hearing Interest at the
rate of—per rent (--",) per an-
num, payable October 1. 1966, and
seml•annucUly thereafter on the
first days at April and Octob-I
er of each year. both principall
and interest payable in lawful
money of the CnArd States of
America, at the office of the;
Town Clerk of the Town of Tans,±
New Mexico. Bonds maturing an
and after April 1, 1977, are sub-
ject to prior redemption in In-
verse numerical order on .%pril 1,
1976, and on any interest pay-'
ment date thereafter at par nius
a premium, of five per cent (5%)
of principal. Notice of redemption
shall be published In a newxpaper
or general circulation in the Town
of Tans at least thirty (10) days
Prior to the date of redemption.
Section 4. Said hands shall bear
the signature of the Mayor of the
Town of Taos, New Mexico, and
hall be attested by the signature
of the Town Clerk under the seal
or said Town. The coupons at-
lached to said bonds shall hear
the facsimile signature of the
Treasurer of the Town of Taos,
New Mexico.
Section 5. No member of the
Board a,.Trustees of the Town
of Taos or any person executing
the. bonds authorized to be Issued
hereunder shall. he personally II-
able on said bonds and all bonds
are 11myable solely from the
sources herclnabove designated.
No bond Is it debt. liability or
ficneral obligation of the To•an of
Tuns, Nca• Mexico.
Section 4. The said honks and
i coupons t?,erctn atlarbed shall be
In substantially the fQ9o%ving
form.: 7�
(Parni of Bond)
UNiTFSD STATFG OF' A 11KRFCA
STATE of *;iKw mitsxlco
Tows of TAOF. Nr w '.NTxIco
AIRPORT 'REYPNUE BONDS
SERIES APRII. 1, 1966
NO.— $5,000.00
The Town of Taos, in the Coun-
ty of Taos, State of New Mexico,
hereby acknowledges Its Indebt-
edness, and for value received,
promises to pay to the bearer on
the 1st day of April, A. D. 19—,
the sum of
FIVE THOUSAND DOLLARS
In lawful., money of the Uttitet
3ta►tas.:ot America, - r&. interest
si•,v.'
day of Apr11.An
year, both principal and, Intereat
being payable, upon Uresentation
and surrender of this bond, or the
proper coupon, without deduction
for exchange or collection charg-
Treasurere TaosCeNow Mexico,
*(This bond Is subject to prior
redemption on April 1, ,1976, and
on an interest payment date
thereafter at par plus a preen,
Sum of five per cent 0%) of pr)n-
elpaL)
Payment of this bond and le-
ly from. andnas security for such '
:payment there Is pledged, a spCel-
npirpou[d'Revenue Bond Fund",
into which. the Town of Taos
covenants_to pay from the reven-
atfonooteits airportrfacilities saf-
e pensesvS ofnoperatlon and M1n�
tenance, sums sufficlent, cl clis-
char e, when due. the pr,ncipal of
and �nterest on the bonds of thie!
series of which this Is one. £atd
bonds are additionally secured hY
A to 1! of revenues d e r l v e d
from gasoline taxes fixed and col-
lected under the I. orttY of Sec-
itons 14 - 33 1 through 14 - 38 -
(ns ammended by LAws 19650
Chapter 300) to the extent Per-
mitte b19`43 Comllation4(Po k r
N.At.ups rip
containedc shall be oCOns ruedfeto
prevent the Town from apptying
to the payment of this bonds or
the interest thereon, any moneys
of the Town which may be legal-
IV avaltable for that purpose. the
afire s owithathe hotder5of l h 1 s
bond and with each and every
person who may become the hold-
er hereof, that it will keep and
perform all the c.wcnants of the
ordinance authorizing the issuance `
of this bond.
it is expressly agreed that this fit
bond .is payable and collectible c
solely from the net income of the
nt �fiteitr ' 1 acIos idacilisae fned n
whole or in part_from the pro-
coeds of the Town of Taos Air-
port Revenue Bonds. Series April
1, 19Ei6, Said bond Is additionally
derived from gasoine taxes fixed
and collected under the authority
Of Seetions 14.38-1 through 14-38.4,
N.M.S.A., 1963 Compilation (as
amended by Laws 1116,5. Chapter e
IM) to the extent permitted h v
Section 14 40-10, 1.y1.S.A. 1933
Comp lta ockaL u plement.l °
iaP may not
)look" tits !or_= o t her
funds )tor"thd,:paY-
ment-o['"ttrE poi,"bf or in-
terest or.',this�" i�l�atlon: a'he r �
than the "Alrp'>'rCt Itevonue Bond
Fund and the additional secur-{�
' 1tv herein stilted.
t 'TNs bond Is lssuea for t he 4f
purpose of preparing, acquiring,
_ t
constructing and Improving Air-
rt Facilities of the Tocvn o f
raos, New Mexico, and is Issued
in strict compliance with the Con-
stitution and laws of the State of u
New Mexico. i
It is hereby certified that a 11
conditions, acts and things re-
quired by the Constitution and 1
[ laws of the State of New Mexico 1,
7A .1 to exist, to have happened and to c;
t have been performed precedent to ,
and In the Issuance of this bond,
exist,shave happened, and have
;M t been bonds of wh which thlsthe ons
j Is within every limitation pre-
tt scribed bx the Constitution a n d
kn9 flaws of said State.
IN WITNESS WHEREOF, the '
Town of Taos, New Mexico. has i
caused this bond to be signed by
t� Its Mayor, sealed with its corps-
rate 4eal, attested by its Clerk,
and the coupons hereto.annexed
f In, he signed with the facsimile z
signature of the Town Treasurer,
B 4 as of the lst day of April, 13th.
` Mayor
(SEAL)
+ I ATTEST:
OQ Town Clerk
iA *(Insert In bonds, maturing on a;
and after April 1, 1977)
(Form of Coupon)
•` Coupon NO.
„ �S .... Series April 1, 1966. s
On the 1st day of April, Octo-
her, A.D.: 19—, (** unless this
bond has been called for prior re-
demption), the Town of Taos, In
the County of Taos and State of
New Mexico,.will pay to the bear-
A er. at the office of the Town :
t Treasurer. Town of Taos, New
.d Mexleo, the amount shown hereon
in lawful money of,the U.n It e d
States of America, solely from the
fund deslanaetd In the bond to
which this coupon Is attached,
being the semi-annual interest due
on Its Airport Revenue Bond,
dated Aarll 1, A.D. 1966, bearing
Town Treasurer
(** insert in coupons maturling
October 1, 1976, and thereafter)
Section 7, For the purpose of
addlt,onally securing the payment.
of such bonds the Town pledges
the receipts of gasoline taa;.s
he and collected under the au- ;
thorny of Sections 14-38-1 to 14-38-
4. Inclusive, N.M.S.A., 195.1 Com-
pilation (as amended by Chapter
300, I.Rws 1963) Said receipts
shalt be placed Into a sinking
fund, held separate-anti apart. ;
from other municipal funds, When
said fund equals 125% of the prin-
clpal and Interest requirements
for the fiscal year any additional
'revenues from gasoline-taxes dur-
..'ing that year,may be transferred
,to the Reneral fund to be-expend-
'A ed;as_t►a,Board;of,Tru teen ay
d wMitp:in a trio n(t u
RLMEDDOCUMENU
ARE THE BEST AVAILABLE COPIES.
Ira aiy
according-tb :ths! e A
'
td it su ltimoney t it
ehall-biltAlsh i�,teAdm'IJYJ
separatexfund:-.4 bzRR
� "Ad rtj::RdvenUe'����otld` ,
'Apr1 1;T ,Y9BB. tMe� 1
When.;the;r 1*rve•tuittt;
amoun
'..eq
i amount.,toru'tvtig-tao'AA r.yp and interest e4 ir
,
bond:-heron-issilld: telr�lo
posits ge&be?Madb �`i`
t�tt
k '
serve Fpn� Unletie(:e fe3 d
1 '. Moneys:
.."t v r
I e us to maWc U iAfii±`d
�. Dy
�v In the'.Atrpoct
' •und: one :•Ini,the.ax—e
°und may.:;be'Invests�yin'.
A " 1i,HRatlons•.of:the"LTnit d�8t1 d
4+91tion 9 :t'No bond k s}� i
�, a{ Ir"n superlor'toa tI*'*bOndd'AhQ
I aped shall beJrfie Wb1t
the •bonds herein `fssUes�"Htt}
• �,'standin Bonds haultil�g a� t
..► p. "quai to`the bonds
'* -,ay be'issued atr any-,,t)tezth
.t the receipts.:'from ;t
. he ntn RdWrl
• gasoline:tax o1';.the%,,71oWn�'tOt;a�144e
preceding t.w e l v e'="s�►pn(lt�i 5 dare
'equal, to'415096.zot=the z m, Una
principal.:,a,n d antereat f,.
�ment ..'ot:then�,dutltrnQJngg tbotld�
�and .the:ibhndil' AO'�ib#A a
sued..>3on$s�hr nv�r� ��iStitit
to-the s•bonds:`,her. isu
. 4e;,lssded5 at,an ;j
YY tie,:thr:5T0Wn
Is nat,,Wdef&U)t,,in:�t laymettltt
of yrinclpal'ot an&•Ir>It ritxj tha
bonds hereln2
•;: •Sect?{olt 1Q:'.•Thah�I[:�any.,:6itie'or
More as;;Wd 'or: X01;It I i
.Y%% prdtnhnca'sllail the ad�u uh4
Biit�or.titty-a�Id wc�r.�Wir-
met t'° att nbttrttaak? impn rtot
�
•
s
fnVAl01te'6.the- remain t►1'r 1+
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the�tntadtltm••!rthat: e varia�te�=pro
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<<Segtitln Alkdlliances 8 r
t rts,oG' Pane! , _T A.fit
llaniwnhrre�apetY `► 1ed
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h110 hrnt"R: i
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log said`AAWFIR196$,�:i nd?-tha,J t
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I.,,,r'll of Truslres of the 'i'o„n r,,ul:n' n;nnrrn;,l nrrl11r, .input nu 1,•1" :,<
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c. ''.s 1 hlnu�h 1. 1. I" ihr ••rnrral rulird In he r\pend-
''•5 .\pxil 1. ihr;fi. ronst!1u 1:1, ni! i•,• a' ,I h,•a1,lc n•:,•r,,q :I! tlir 1'L I,ulder n[ tots haul m•• 1i' !
or lilt neg"llable coupon rctenup i.,+,, M •,• ,,t ', I nor ;r + 111k t(, Any' eneral of of ft ('1,i a1 ihr Rmird nr Tltlu trrc milt
1.on11s 1• •,:1;,1111•` IL,„1.,•r 1 1Pi;r, n: I ;t rIS 11f saki yotcn lot the pa} (Ifl'r,' \Innr\c In flip stukh•C rku'd
'<"riofl The h(Iluis issued and :n - „nu;ttr, :it 0•,.Iftrt no flip ltu•nt n( ihr pr!nt•iti l of m• In- shat, b,' Iran"wrrlt semi-nrnunl•
"id ,hall ,he pi4vable lw!ll ;,e In r , ,t;l:" n' .111x1: ;1.,11 I WI oil, ;(lecl 11.1 '1s otillization, n f .t t « I\ „ till .ur;#,rl }irt el ue RLOd
1111r,1ua! wort inlere,l frnln lac „ .,f •vorn c1,,,', hn11. prnn'Ip„t : ,:ill i,,1, rpnrt }''r,rn,�1 It„1„1 Ftu•ri
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ill ihr Tans Nluhb'Ipal Alr1wrl. m"!n•', n( ihr lino,d slabs n' h' ,( •I. o"1'I Ill%.wir Rand Fun(I shall hr
hrihpl ui 1111 hn:nt('od in \\ht,ir 11..• I,•'d a„r( r n r fir.; u,i•.t I„ pm• prnn'Ipol and 11 -
n urr! with la \'nrx',•a. al life .',h.•0. of titr
1 p7nrrvik if 1,,_11 1•Il'1'k of Ihr Tn\,o ,f Ta1,, it ui pt':,e Lit pi c'1%1111• at'q Uil,11,. ir•'rv,' fill, hnnric flr:rlo Icsncrf
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I;nm Ihr lorllilu•s nnrraird ht n'fl 1. 1'177. air stlb• In pan! fund
Ihr ill,,, 1''.d oIfv, \t --- c•;.' t,1, ,filncfen1,11 :tno(t;if!c In a
1, ill Tan,,, \Nm, \IPkof• !,•1,l In 1111111' Ipdenlntlnll 111 Ill. ,1,:,a 1';11, ''i'Id In hr krfnt,it ;I<
of Ihr Ten, :,lunu•t Iii l \n'I,ni't \. •';p illilnrrlraI Ili dex Ln Apt'il 1, ",'IatlrlrttrtC allrf IofIlrnrinC .1rx-
,hali hr III;-, ill a sfle'•i;tl fund. {'17x,. Irlfl 110 al,,!' tnt(,lrsI pile. I„'lit 1'a'•il;tl11: of lltr Tm,n 111 :•Alrll,,,•I I{t,trnur Rnli(f. ser1r:
rlrnl'flyd n, !or 'AI:Imrl Rr\r!f• :ncnl d'llr lhr!raflpr lit par ',luc 1:1nc, \cv \1t,\,'„ Noll Is Is<n(I \n,'rl 1. 1.166. It"ercr Fund.-
n, Raid Poll'i and 111., 1,(.%\it of a pu•rnliunt, nr five per rent f;'.1 +n child rnmplianre %.)III thr I'nn.l \ hell Ihr to-elcr fund rrNrhrs Nn'
I'.1,•„ .,Iol' tick [mill cord fuo,l, „. I lulnol Ind laws of the stale fir I Nnfnulif pnunl to fhr tna.kimum,
Iri'ni,'I 111 ill l'1, of I'ederol'I 1„il' ..l'0.\\ \ i
pin,1,,nn fur .111 rr:Le11nahlc !n!i he puhll.hrlp in a lieu ctutpr„ Ir\Ir„ Nml io for nor iemel principal
r,{u•a,r, n( n{1,'In1JOn wort rt,un• ru'ruintinr Ill the 'I''mr It is Merril\ rrrfiftcd !hill aII� Itwi mutt: rrqutrpmo on the
flit' nrr,i•Ilia] of ,1111 Ili. 1.,•I.! N ecio 1 !e mail •V1, x11 lle tle-
h'1'•s; �„• ,.11d hoods S•IU1 hna,1, •J'o1,e at Irnsl Iturt�• 1:101 di1)'s nuldotooc, lilts and Ihut�s re- pM.:': nrr,l 1.n mad, min tilt Tlr-,
!,• nx t11 Ihr dal, of redempllml yuord h\ the f-mlslit lit I'm alilt sr„\r Fund urllesc It is drplrt(•rf.
"r odd ,luny,1!t' ,(.,•Icrr! ,,' ;; :erlu,n .1. Sn1(1 !•Doric shall hrnr! 1;1"s of Ihr Broil• of \r,% \Irvin *,I,,!\, 111 Ihr nesertr, Fund shall)
,I••.. , ,rte rune ,Irrnlid ro'l'l I'u' ,17nattlre of ihr \in}•n1, of ihr, Ill e\iet. to have hNirprned and in b11 u�r,i In make tip ant' def)rirn•,'
u;,.,1111',0 r;1,.l,, fl\rd and ;nll,•r!- 1„,,,11 t,( '1';In>• \r•\ \te•;I,o. I.fill trace liven performed, precedent In lit hl i1.,• Atfpnrt nelenlle Flon(I
1,r! 'toot" flit, aulhn,'It\r 1,,f Sir-' Q;Ili hr 'It 1pcl(it h} ihr si:no:,lip trod In tilt Issganrr of Ihic hnnd• }•told \!•'nc\s In Ihr Rpsrrcr'�
lhtciuch 1 1.:t,-1. \.\I f ihr '1'11,\', C;v,k If Ihr sr:1I fl, M. hacr happrnerl, aif(I tinve
S.\. i t'1•mh.lofum la, ant!'nd• „f caul '}'m,it The coupons at• been perf,wmed. and that the Is- Fund ni;I\• hr theI'nd 1,1 laffll1
1,.l Ili r;',1•.,� !!hi,. (•h;Ipir•1• ;flit,, In nilhL:,h,.1s of 117, 1'nlIMI AlNfrs.
to„h!d In ;lid blind, shill! hrnr cue of hotulc 11f tthlch this IS nnrl �,+prior !1 \n hmL1s ha\u1C al
till ,•V,';Ir tr•rnulled M tir,Ii,n! Ihr f.1. 11111Ic `'Cnalure 'if tar Is I%Rhin tcrr)' limilatinn fire.
1!1:5:1 O'rnpil;(. T•,';,;:1crr f,( Ihr Trn,n of Tons Frl'MPH he Ihr I*nnslilututn NndJ lien s:tprrnn to flip (l \\lilt('her to
1 i'„"I:ri Fuppirhu ni 1 \nth• \,, \1,\Ili n ia'',s of curl stair. I Is<(uvl ,hall hr Iscurrt ,\'hllr Nn\
u'ti :h:, n;(Iinxii0. s1.;ill hr ( Frrt \n nv,mh,•r nr Ihr (\• 1('IT.`1'ESS 1CIIFRI:(1}', Ihr, of rhr hnnrls hrrrin tssupll app:
4 .t'n,v! If, 1,7rtivil i);r T„uo n1, 1 ,a"1 n' T1.1w0.r1 "f Ihr 1'„• it 'J'M'rt of ilia,.. \r" \texlrn. hrlc' nu!,I,IO,Ili i;n ll( h erVin n tlell
T.n" f'nln apill>ui:; In the pat. of T;I11 n! ;I 1).\ 101,111•, r\null,) caused tills Illicit ' 111,.:1! I„ Ihr hoods hrrrin thafli
rlr• I o' III;s 'uu;d n1, ihr n Irrr-' 1 In hr ,iCnrrl hr nt:n hr :.cued NI an\' limp Ihnf
thrl,"•': ,Ire moor" of p I '1',toll ti,r blink aUtlim'lied to hr issur,l tis \i;(tint'. s,•ar(•rl ,,,Ili its rnrim., ,
1.n—^under ell;ill h^ ,1,r<m•allc li• rhr ;1,,'t I'„c final Ihr 117;ln•clpl ll
I r:+i1, ern!. attrst,•tl ht Ile ('1111 E:. (;;I,n..nr ta\ nr Ill'' Tmvil fry' It
of '1 ,'., 1.:,h n1'1c L1, ,ovally ,1.!r n1, '•:+!11 hwill., and all hnnric :Ind Illy roupr,11, hr'retn allno\,•,I! per;�l,dlr9 I o li It c trinntile art.
Ife11 pub Pn,x. ;,:c n:('.'o l,le sr,l0.!t from Ihr 111 b,• c',nod '•'71h the f;u•s IMill. p,,,,al In i',I r. n' Ihr ma\Imllol
":• '1 "i'hr
It.:Ili id .V1,- srn;I c, hrlr;nal,mp de'l••nnlyd. :1 nalurr n{ Ili „ 1,a<mr1
1, 'it t' prnu'Ip,l. a n d itlirrrsl requir
'r• ,I1.,, 1.r.. ,ia:c :IC ,' :\tu'I! 1 h„•ill n drill. I:ahlitft' n1,• ills of the let flit of .lprtl, 11x,; Illerts nr the nulsta off Inc hoods
I„rn!)' ,'_111 Ir.t.dc r:' ' nh111.^,Jinn u( Ihr 'I',I,,n of
\Lt�ur Nlui thr nnnds prnposr(I to hr I-
In I)ie d0nuntulnliu1, of s7,01tun'1 j,,,•, r V(,\I( IS'EA1.1 sul,o P111I+J, ha\mc a lion ntfellot;
ea.'1 I.11111wl,If f:n•tt I In 'n x111111`r 9'Ill. s'IIf h,nrlc itI)II ,\Tt11:.4'1
hn,if :1,'lucltr. :II:,1 md!w%l:� 1,,'a;ur,!s Ihr'etrt at!.it shall hr to Ihr b,urfs hprr'n Isflip mac
r T11„n l'lor1. hr I-au'.I at ant• tlmr tilt To)ur
Iry I,1•' m.intr:will oidel. R,,;.npn.lu. t„ u I's t,lnlfnll)• th,' fill tm,Ing •'lncrrt 111 h, )Id- tllaturing rill is nn, rirfauif In thr pa\'mrn:
WI 11.,• 1,t 1,f;t•. n' A;Iril ,r, p,er'I f,wtll . and arirr .\!"7t 1. 1!1777 of i,. •I,',i,,,' of and Intriem an (hp
W ':, ,1';11', 1!167 1:11•;og11 11171; 11'lll-lo 11( Il'oldI , tl!,rot u( Ifimpan) 1.n^n, h, (';n !:<lir(d.
,,lid �•o,nnnuo ill: t f:1, 1'\1'1'1:11 :'1'.\'IES (11' 111CR1(.1 � ('nupnn \'n. .:('rtl,•r• pn 'I'hnl If ant' nor or
3 Is1
if ..f .\I,,H in I.a.11 of :hr s•1'.17'l'. (11' \lit\' \il:\1('11 I-S hcllrs A1.111 1. 1966. 1111,1„ ,pr",ul< ill' part. of IIfI
1..,;I h 19Si. nI, ill,- - 'i'OWN OF 9'All NEW \t1::XI '(1: (ht the 111 dap of \ 1. ( in. Ord:' a' hni, hr :uliuti.erl or.
h•
"•1 Ir.,:'.I:_ n (clr:1 at tar 11Rf'Oit'Y it1:1'1:\'1'li ISO\11� I Iher, A1): 1!t !•• wiles, Ih;c rnful,O:Inip '.r Ill\and, such tali •'
Pill•• „ ;.•1 '111 I tu•c al.• �F.iI1 GS .11'Itl1. I. I!Ilili I ,hu(1d hws 1.rrn ra'Ir,l fni' otnn' x1,. lit rl.I •.,:,', ,lit affr•rt. lmp;u. nr
1111",. !"t'.,11,:, ,(Ili I.'i„•; 1. 1'1,;1; wind \,o C;,,I it l(I f1(I
till '. 1'l, ;,I l,\ Ihr.,y,flrl „n ihr (Ierwi it'll 7• the '1.(wll of 'fans it lot.,; ,i,l,r ,lie nwl:rinC Ill'o\;-
fn,, '1.1'•• , 1I'!'li ad ill file Thr 'fin,,n or Tau,, m Ihr d'nun' � sin,•, , . !hi, ItrrlufN.trr, it hr u!
ihr r'uunlr n1, 'fans and stale of
P I I 1\• of '1'a 1,,s. slillr 11( \PV \l1,\n n. \e\\' \Ie,.trr,. \,111 pa\ in Ill, hr:il• th,• '^•c "'' !hal Cllr Par"wo, torn
er '• ,,irh >rar, hoth i amt ,a lirrrbv arkilim frdCes Its Indrht•
fend .^Ili;list pa,Nn1.le 'n lit (ul Ic't', at Ihr off:,o u( fhr Tn\\ ,t L'I,.r,;,< !•,' a,I c i r .wl(r.
rrhu",, and flu' \aloe 111rp1cc'I' iTreaeurel. T11un of Tans, \1,u. �l,r•,n' ;i., .\!I 11t11n.norrc n1,
mill.••, ,! Ihr 1'aoc11 RfaIc, n( trnuvsrs In lily In Ihr hoN1c! nn ,,
Ant( a! b1, nffl,•,• n1, t h r 1 I \lc\Ir11. ihr Ntnnu(lt silo\.n hrr1111n' al's t'nanu< m t n n
ihe Is, fav n( April. A. 1). ]1,.f_. ill In„(tit 111(mev n( tilt, 1,it 1 i r If r7 e".1''1;,Ir hrlph}• -eurNh'it
To, k n1, '.,r To—11 pf '1':11„' till, ,11m , : Rl 11,. of Antrrir;I snlrly f vm Ihr ' :rrti,•1 This 01dinanrr i e
Sr ". I„a.d, :r•ilurm u' }•I\'!: TI Itli'�.\`:I1 ;u1f.1.,1115 fund (irelCllNetrI ul ihr hmtd hcici,\ d,•,'I:Ired in he an einvi-,f.
a a({ \:, : } 1 '77. alp :Llr- in i(1+Ifill lonh7't' of !Ile nllyd' it'hirh Ilu, ,•„l,I)nn ,e ntl,i,hrfl el.., u:,til'Allt4, aIld II shall I,r
Ip01 !'',, '•,Irali,:;,'•f Ili ill. `;ultcs 1,'f A1111,11(it, \,ill, Irll creel itr!ni: the apml•aniltial le!elr<I title will Ir111a ni 1,1vil'aini'le tnlill Ind
\'ef,„ .•Tar• .,: ,,:l,1," „I' .\I,rtl 1. 1lictrnll as rt'nfel;t•rlf lit' CW111nnc. oil II< A,r•pnl ile\'roll, 11 n^ if
sNrrl AI:'P"''t Rrrenur Fn1r1c sill
197 1,l,,! I',I'• front Ill!, dale !town( lit tilt` 1,alr (la tell Apoll 1. :\ It 19titt lira.l tl;• n', ,\t'"i I 101;1. will fill, u'Irres!
11 !r. ;•.': •'l i'c fir ,el, ,rill 1'i 1 ter ailllllllt.
a to pa\'ab'e� u•a ttnuallpinn Ihr 101 \o. is1, l,1; ,'.:1,r hr1v, fed r If sn1-
N �i, . .,, {„•r 1,c::' r;'�1
I,,' ! ,c1n•nn,•n", Ila\' 11pril and Orinbn' in .aril Tilt-if Trrasn,r Is'•,•d ,,rd d;srharCrd as hrlrnl
sha' l,1 !':I lit y1,;,l. 111111 Prnll•ipill and ntirresl (*• in<11rt fin ., ';!.,,nil mnlir,!1; l,r„' .dp1
of I• Fir Till,I lirou^ pw}whir 111'.,11 plc<enla!pm O(•!(11.0.1 1. 1.)711 ,I:!Il thr:r,Iflel I i', t(';'r'\'i<ti: it'ilPPOF. 1 11 I s
for :111 d;I\: alfd s'rl'Iond.v (1f 111.5 hnnll, of Iitr Sertlr,n 7 Pal Ihr• Ilir'p"1l, n1, Orrin;ulrr •„IC a'I'q,tpfl hp Ihr af-
ni ” \,I, u' n,!rn''II.n1' 1'rn,pl rml(u•1!, 1,!111„ul dedlicl, I! •, ,1!(: rhr• p:,ertu•i't 111,111a,1, 1,,r of tltt'rr-f11urinc n(
I t 1 of such I„•1x1, all Ittr nirnlhei z n f l, i3ll r n
tic• I "d I,'od, ,hail hr;,- for ('\I'll"!:�r nr 1, ,Iirct„11 c.lI -- r 1.l,.• p,lr,lL'r, ( h f'
the xrvv•1 '1, n' ,<,•1;:10 1;I\f`• •1'1'li<Irl,, ill Ihr 'i',I,.I, or 'pans.
lln' l.. f I I ,' Vs. al 1!11 (Ire u1, f i;1, '1'm'n r. I
fine Ili;. ud Crr;l,rr.e: fn,.,, \r„ NIr\I(II \pd uul rill., .••d u•,u1 Ili,' .I,•. \p,• \Iv\,.. wadi Irri tier e\am1•
shNl! „1I i. ill, ,r.nt,u1 s1'Ihls hn:d IC suhh'rt to prnit' thol.'• 'I' .r,;l„r, 11.14.1 1!.' . hn!,nrl, lip; ht• flip \la\'n1, of
of I” r'' 1,. . \1{,l, ,0., 1'rrlr'111 n'f , ,\{nu 1. 1f17G. anti, 4, h;, i.,nr, :; \i A 1' 0 1',•11:. s;t•,i T„'••r•;wd ayrctrrl h,' I hr
n( ,n 'Ili ;'1l, ,,,,:t„, 1- nn tit'\' Ir'rsl nL•nI dale ili lilt i"r. uI, ,,lilt•d11d h\' t'IU:: c1 ('m k w fir rnrpr.ra t oral to
inch„ ! "d, `h:''is I,1,;1l, ihr,, 1 ; i, i.n' p,,., 11 loan•
111!1. 1.. . IqF' , .:111! r„r n;: snot To”,I, .n"lied, nn this 11h da.
Ihr u', hr film n1,(,\, p„', brit r: r n! ;ynt• chill! I , i,nrL ", ., _ of %I.I:,I:f if,
'1'!'l,; .• •i1, '1'„•'r, „� 'l�nns t'Itel�, fund, !, ,I crio:• :u• ".1 Al'i'H V'f'1t
it'd' fl'f1117
I. ,till ;11111 'I.• ' '1„ lit:, 'II''1' f •I, \\''' F .;r\,. \':till
Ctrl ..,, pu•nu„• n1, '!n Iel 1,,t .h0r, r „la 1. h, nl;ul0. •u.1,• s,11d f't.'111 rllun,:s !_'.' ,,,' !hr p„'il. `•l;rrn;
^ i\ fi11m "!r,,, :n',I•, 1.I; 111th ripal ;1 It intr'r, r0quu0r.r,' IS1''\ ,
1;;i In II,, r,IL'r,t sprly- fop' Ihr rlscel ,1, I' .1!t)' .td11'Inr ill A•1-1'i:�T
a! fr'',I uh•I"'11.11 ;1, Ihr& rrcpnu0.s film•C.ICnitrp la.;rs n;:' '1'. it 1•r a
Inf1 Illal te;rx ntw\ hr Ir;ulc to,ll,•,i
\ir)ua• {;.•trout Iau.,l F;ind'. r In ihr ^rilerill hLd In hp r\l,r:•,! fl.r•,I 1... Pnit \lair'; c
flit() , 1,.r i1 (1t,• Ti”,n "f I'rtn: rd a ihr }lnhrr 1,r lit it 1!IFd,i
pM(`t.'1'7l- In ,.i, I ntll Ihr lilt 1'i'• a I 'I'rne!r,•c
Ups I„ I1,• 1 do'rrl `.1„ne�a n• ,b1, stnklaL fu•.,•
I,'I I\I'(1 (I,'ill IItP "p,l"'•'1' FILM hr I I'al,c f,•!'1 1,'I <(•!n 1.111! "1:•1-
:(Ilnit of ,,< ;(1:(,1,,l! pal!hlr,e. „I• / •.- •- •. .
lrr ]loll- nn !n: all rr;,lonr.hlr
0.\ptnlrl ,. nor,,f.,,,, ...r ....
I
® E
4(
C,
i
STATE OF NEW MEXICO )
)
COUNTY OF TAOS ) ss.
TOWN OF TAOS )
Each of the undersigned, being first duly sworn, on oath deposes
and says: ?'
,I
1, That they are, respectively, the Mayor, Clerk and Treasurer
of the Town of Taos, Taos County, New Mexico .
2. That the Town of Taos, New Mexico, was duly incorporated un-
der the general laws of the State of New Mexico, in the year 1934 that
there is no litigation threatened or pending concerning the validity of such
incorporation or the right of any of the officers of said Toas to hold h:s re-
spective position.
3. That from the 4th day of March, 1966 to the 4th day of
{
April, 1966, the following were the duly elected or appointed officers of said
Town, to-wit:
Mayor: Jesse J. Vigil
Trustees: Mrs. Floyd W. Leutler
Palemon R. Martinez
Sam V. Martinez
John W. Himes
Town Clerk: Molly O. Rivera ( To4-29-66
Town Treasurer:
____ Molly O. Rivera (To 4-29
4, That from the 4th day of April, 1966, up to and including
the date of this Affidavit, the following have been and now are the duly el-
ected or appointed officers of said Town, to-wit:
Mayor: Filemon Sanchez
Trustees: J. B. Sanchez
STANDLEY,KEGEL
AND CAMPOS
ATTORNEYS AT LAW
T2TROLGUM OUILDINC -34-
P,O,ORAWLR A
SANTA Ft,
NEw Mcxlco
983.4946
i
i
X
Sam V. Martinez
John W. Hime s
Martin Vargas
Town Clerk: Carolyn Paar (From 5-2-66 )
Town Treasurer:
Carolyn Paar (From 5-2-64
5. That the gross revenues derived from the municipal gasoline
tax of said Town for the last fiscal year were $_l7, 978. 00
6. That there are no liens or encumbrances of any kind or nature
against the revenues to be derived from said municipal gasoline tax, or the
income from facilities at the Taos Municipal Airport, excepL those prescribed
i
in the Ordinance of said Town, authorizing the Airport Revenue Bonds, dated
.April 1, 1966, in the principal amount of $100, 000. 00.
7. That there is no litigation threatened or pending relating in any way
to the validity of said Airport Revenue Bonds, or any of them, or the right of
the Town to improve the Airport of said Town with the proceeds of said bonds,
or to collect revenues out of which said bonds and the interest thereon shall be
paid.
'Mayor
Town Cl rk
Town reasurer
(SEAL)
Subscribed and separately t e
p y sworn o before me, this day of
�r 1966.
67ANDCAM
CAMEOS OS Notary Public
AND
ATTORNEYD AT LAW My Commission Expires:
FATROLCUM DUILOING
►.O.DRAWER A
SANTA FE. e]C
5
Ncw MCXIC0 -X3
283.4346
�1
SIGNATURE CERTIFICATE
I, the undersigned Ben Tenorio of the First State
Bank, Taos New Mexico, do hereby certify that I am personally
acquainted with Filemon Sanchez Mayor, Carolyn Paar
Town Clerk, and Carolyn Paar Town Treasurer, of the Town of
Taos, New Mexico; that I know the above mentioned officers held their respective
positions on the date of the execution and delivery of that certain issue of Airport
Revenue Bonds, dated April 1, 1966, of the Town of Taos, New Mexico, m nsisting
of 20 bonds in the denomination of $5, 000 each, numbered 1 to 20 inclusive, and
maturing serially on the lst day of April in the. years 1967 to 1981 inclusive. i
I FURTHER CERTIFY that I am acquainted with the signatures of said
i
officials and know that the signatures appearing on said bonds are the signatures
of said officials, respectively, and that said officials have to this certificate sub-
scribed their respective signatures as follow
AY
(S E A L) TOWN ERK
TOWN TREASURER
SIGNED and CERTIFIED this 28th day of June 1966.
o
�.Lt y c. �:,LG G✓
First State Bank
Taos New iMexicc
STANDLCY.KCGEL
AND CAMPOS
ATti'ORNCY9 AT LAW -36—
runo=um UUILDING
r.0.DRAWCRA
SANTA FC.
Naw M¢xlco.
083.4346
STATE OF NEW MEXICC) )
COUNTY OF TAOS ) ss.
TOWN OF TAOS )
IT IS HEREBY CERTIFIED by the undersigned, the duly qualified
and acting Treasurer of the Town of Taos, New Mexico, that on the 28th
day of June 1966, said Town delivered to Hanifen, Imhoff
& Samford, Inc, its Airport Revenue Bond's, dated April 1, 1966,
in the principal amount of $100, 000, consisting of 20 bonds in the denomination of
$5,000 each, and said Town acknowledges receipt of the agreed purchase price,
a sum not less than the par value of said Bonds and accrued interest thereon.
IN WITNESS WHEREOF, I have hereunto set my hand at Taos, New
's
Mexico, this 28th day of June 1966, i
ell
i
T—AOS TREASORER
(S EA L )
STANPLEY.KEGEL
ANDCAMPOS
ATTORNCYY AT LAW
PSTROLeuM OUILDiNG -37
P.O.DRAWER A
SANTA Fe,
New Mexteo
989.4946
±,'Ar +
• 1
1
TOWN OF TAOS, NEW MEXICO
AIRPORT REVENUE BONDS P-)
SERIES APRIL 1, 1966 ?
$100, 000. 00
i•
' � I
1
I
. 1
1
STANDLEY.KEGEL
AND CAMPOS
l.TTORNCY•AT LAW
PETROLtUM BWLDIN6
P.O.DRAWER A
BANTA Fe.
New Mexico
989.4,46
{
'1
a i
STATE OF NEW MEXICO )
)
COUNTY OF TAOS ) SS.
) r
TOWN OF TAOS ) {
The Board of Trustees of the, Town of Taos, Taos County, New
Mexico, met in. session in full conformity with law and the ordinances
i
and rules of said Town, at the Town Hall in said Town, being the special `
meeting place of said Board, on the 4th day of March, 1966, at the hour of t
1:00 P. M.
• M
Upon•ro11 call, the following were found to be present:
Mayor: Jesse Virgil �f
. Trustees. Palemon R. Martinez
a
Margaret Beutler
Sam V. Martinez
l
John W. Himes
Town Attorney: Eliu E. Romero
Town Clerk: Molly O. Rivera
Absent: Nbne
Thereupon, there was introduced, ,read and considered, the follow-
ing Ordinance, to-wit:
ell
C
ST.RnDLEIJ, K-EGfL -RnD C-RMPOS
V'Izo M.STANO'CY ATTORNEYS AT LAW
A6SGUAT E, IN OCNVCN,COLGHAGG
WALT C;. k,ACGEL 342 EAST MANHATTAN AVCNUE iALI,IFDGc,inll(CnDue, lri.;SOA G LAG.CI
SANTIAGO E.CAMPOS P. O. CIRAWCR A AMERICAN NATIONAL DANA UUI60ING
SAVA R,UW MEXICO 07501
fl03-4346
` June 28, 1966
Town of Taos, Taos County, New Mexico
Airport Revenue Bonds - $100, 000. 00
Dated April 1, 1966
Maturing 1967 to 1981, inclusive
THIS IS TO CERTIFY that we have examined a certified copy of the record
of the proceedings of the Board of Trustees of the Town of Taos, Taos
County, New Mexico, taken preliminary to the issuance by said Town of its
Airport Revenue Bonds in the principal amount of $100, 000. 00;
Dated April 1, 1966;
Consisting of 20 bonds in the denomination of $5, 000. 00 each,
numbered 1 to 20inclusive;
Bearing interest to maturity and maturing as follows:
Bond A Coupon B Coupon
No. Interest Interest Maturity
1 5% 170 1967
2 5770 170 1968
3 5070 1% 1969
4 5`70 170 1970✓`
5 5% 170 1971 v
6-1 570 17 197 2✓
7 5% 170 1973✓
8 57 170 19741/
9 5% lJ 1975
10 5% 170 1976
11 5-1/4 None 1977
12 5-1/470 Nome 1977
13 5-1/470 None 1978
1: 5-1/4'7 None. 1978
15 5-1/470 None 1979
16 1/:J� None :.979
17 5-:/=Io None 1980
None 1950
19 0 None 1981
2U None _981
VAM
Interest is payable October 1, 1966, and semi-annually on the
1st days of April and October each year;,
Bonds maturing or, and after April 1, 1977, are subject to
prior redemption in inverse numerical order at the option s
of the Town on April 1, 1976, and on any interest payment date
&,,,reafter at par plus a premium of five per cent (570) of
principal;
Principal and interest payable at the office of the Town Treasurer,
Taos, New Mexico.
We have also examined Bond No. 1 of said issue and have found the same duly
executed and in full conformity with law.
It is our opinion that such proceedings show lawful authority for said issue of
bonds under the Constitution and laws of the State of New Mexico; and that
said bonds constitute valid and legally binding obligations of the Town of Taos,
New Mexico, payable solely from and secured by an irrevocable pledge of a
special fund identified as the "Airport Revenue Bond Fund" from which the
Town of Taos covenants to pay from the revenues to be derived from the opera-
tion of its airport facilities, after provision for reasonable sums of operation
and maintenance thereof, sums sufficient to discharge the principal of and
interest on said bonds. Said bonds are additionally secured by an irrevocable
pledge of the revenues derived from the municipal excise tax on gasoline and
motor fuel distributed in said Town , all as is more fully set forth in
Ordinance Nos. 544 and 546, adopted and approved on March 4, 1966, and
June 10, 1966. '
- 2 -
FILMED DOCUMENTS
ARE THE BEST AVAILABLE COPIES.
LEGAL A .RTISEMENT Affidavit o ub�tlication
s Are offered— for delivery,
w hlehever •is later,) the Amount (exico
of the dcposll shalt he forfelted 1 ��
to the T ,% and In that event me
of I
1I Board Trustees may, accept I Fe t of
the bid of the one making tic
. next bid, or If all bids Are reltrt- u
re- the Board of Trustees shall ,-,-•«««•-»-...• .. , being first
I
re-advertise said bonds for sale ,-P.f:2'.lL�I19»»•-•«-•-»•»-• •»--�•-•----�•••»••••••»- ••••••
1 In the same manner as herein
provided for the original advertise- Ilare and say that I am the G ; Manager) (Editor) of
menL If there be two or more
equal bids and such bids Are in
hest bids received And for not an, a daily newspaper, published in the English Language,
less than Par and Accrued In:er. ,neral circulation in the City and County of Santa Fe, State
ex t. the Board of Trustees shall
*t determine which bid shall be ac- and being a newspaper duly qualified to publish legal noti-
Ct'II'1odhe Aoard of Trustees w'III tphr
' sements under the provisions of Chapter 167 of the Session
T
action a%%arrling the bonds or re• lat the publication, a copy of which is hereto attached, was
lccting All bins not later than
1%venty-four hours After the exPlr-
anon of e r time herein Pretrrib- d paper once each week for -:/...:::....consecutive.weeks, And
ed for the receipt of the nids. De-
llvPry of 1' bona. w•111 he mdtle y of each week in the regular issue of the paper during the
to the at, rful bidder At ionic
bank In J. Nett• Mexico, or ion, and that the notice was published in the newspaper pro-
elsewhere nt Its request and At
Its (1sPonsc, tyilhir, fortwflve days
LEGAL ADVERTISEMENT of the ace•-tanre or the bld. Ir ,
for any r delivery cannot he any supplement, once each week fo ._... .weeks=coose-
made n•It, forty-five dnvs the
OF11CIAL NOTICII OF SAI•F, successful nidder shall have the
TOWN OF TAOS. NF:1)' 3iti\I(•o right to purchase said bonds dur- It publication on the-1--day Of March ..,19 66;
AiRPORT ItL ENGF3 BONDS Ing the succeeding thirty, days
PRiL 1, liar, —Stno.ano.tio upon the same terms, or at the
PUBLIC NOTICE: IS 111•:11I:BY request of the successful bidder.
GIVFN* that the Roard of Trustees during said suceredinc thirty days Aleation on. day of..».....«.......... 19............: that pay.
of the Town of Tans, New Mexirn, the good faith deposit will be re.
•••»•...•...........
Will, on Saturday, the 13th dAv or turned And both the Town and dvertisement has been (duly made), or (assessed as court
AiM.. tou,6, in S hour of Time, said sureonvf further wul be . undersigned has personal knowledge of the matters and
A.M.. Mountain Standard Timc, licyerl of any further obltgatlo11• III this affidavit.
at the Ulf;.;, of the Tnwn Clerk, The IMAM%- of the bonds will be
Town Ball. Taos, NM Ntexl,o. re- approved by'Messrs. Standley, Kc-
refvc sealed bids And Publlely op- �el And Campos, Santa Fe, New
me 1 i
en the saint, for the purchase of T e x I c n, whose unqualified op.
Town of Tans Airport Revenue inlon, together with the printed r
Bonds. In the Aggregate principal bonds And a complete transcript c ti
Amount of 5100.066.66. Said bond% of the I e g a 1 proceedings, Includ-
will hear date as of the first flay ing n rcrtlflcat(1 stating that no ----•.»..•�--«•--»»»---••-••»•»•••••-••«----••»••-•»•»
of April, 1966, u•111 he In the dc;.' litigation affecting the validity of j% Er-Manager
nomination of 33,(100.(16 each, %%-tit the bonds is pending will be fur- ^
bear Interest at a rate not en- nishcd the purchaser without
reeding 6 per cent er annum, charge.
Payable October ], 1966, and scml BOARD OF TRUS•TESc Subscribed and sWom t0 before me this.»..7.............
-annual thereafter on the first TOWN OF TAOS, :tW MEXICO
days of April and October In By s/ Jesse Vlpit Mayor
each year, And %till mature ser- (SEAL) �I8I'C11 .D., 1966
laity )n regular numerical order ATTFST: day Of
as follows: s11lt0lly O. Rivera
$3000.00 on the first. day or A ril Town Clel•k
: in the years 1467 to 1976,inclusive,
And 510,00 fT,cRal No. 2432 Pub. March T.
0.00 on the first day of 1968 »»•»•- ••-•• ••
April In the years 19T7 to 1981, in. Otaryi^ b1iC
elusive.
Roth Principal and Interest Are
p•lyanie In lawful money of the commission expires
Y United StAtcs of America at the
Office of the Town Treasurer of
I- the Town or Taos, New Mexico.
Said bonds are for the purpose of
d scruring funds for the prepara-
n lion. Acquisition construction and
Improvement of an Airport Fa-
Y clllty.
Said bonds will not constitute a
I' debt, liability or general obiilta•
lion of the Totyn of Taos, New
dtc�i 0! and shall be Payable sol-
ely from the net Income of the
1 or onot amid facFltiestlare financed
In whole or In part from the pro-
ceeds of said bonds. Said bonds
arc Addltlonally secured by a
Pledge or revenues derived from
gasoline taxes fixed and collected
under the Authority of Sections 14
3R•1 through 14-.1q-4. N,-i.S.A.,
1933 Complintlnn (as amended by
Laws 1960, Chapter 300) to the ex-
tent provided by Ordinance No.
544 of the Town of Taos.
it is Permisslule to bid differ.
(1111 or spilt rates of Interest, pro-
vided, however, that (1) no bid
shall sprc.fv more than one In-
terest rate for each maturity; (2)
said Interest shall be evidenced by
only one set of coupons: (3) said
coupon rates-shall be only in mul-
1 tiples of one-elghlh of one
rent (]/8^'r) or one-twentleth per
one Per rent (1/20%); (4) no
more than four separate coupon
rates may be bid for the entire
i issue.
Bidders Are requested to submit
'• a bid sperifying (a) the lowest
rate of Interest and premium, If
t' Anv, above par at which such
11 bidder will purchase such bonds:
or (b) the lowest rate of Interest
at which the bidder will
purchase said Bond a•
,Al par. Proposals should be en-
,closed In a scaled envelope marked
nn the outside -proposals for Pur-
rhASP of Airport Revenuc Bonds,
,;Tmvn of Taos, New Mexico", and
'addressed to Molly O. Rivera,
Town Clerk, Town of Taos, New
�ic�tro. ,
theahighestsandlIb best biddereeon,
sidering the interest rate or rates
tsperifled and the Premium offer.
ed,f the nBoard of b7'rusteelh toI let
,)ect any And all bids and read-
ycrtisc. The highest hid will be
determined by deducting the a-
mount. of the premium bid. If
any, from the total amount of in-
)crest required to be paid from
the d.tc of the bonds to the res-
Pccth•e maturity dates At the cou-
T pon rate or rates specified In the
proposal, anti said bonds will be
Awarded on the basis of the low-
eat net lnterPat cost. The purchas-
' er must Pay accrued Interest
from the date of the bonds to the
date of delivery. The bonds will
E not be sold for less than par and
Accrued Interest, nor shall any n.
dlscnunt or commission be allow- t
ed or paid on the sale of such
bonds. The Town of Taos reser
t ves the privilege of waiting any,
S Irregularity or Informality of any
bid.
All bids shall be sealed and
shall be Accompanied by a ue-
0 posh of five per cent, either.
e cash or certified check, or the
amount of the bid (principal
t amount puus premium) which
Ahall he returned If the hid I. not _..... ___....____._... �_. _._...._ .
FILMED DOCUMENTS
,THE BEST.AVAILABLIE COPIES.
OADINA�fCL^
$44
AN AN ORDINANCE � PROV1I%INC. f 1tV
FOR-THE ISSUANCE OF RONDS AFFIDAVIT O) BL TION
PURSUANT
IONS OF �ET
SEN J,ISLE.N.A TO Sta of New Mexico,
1: OS
TO P��tt,,EPAR£',,` N- ss.
STRUCT O tilf�Rt7 `' Count of Taos
PORT F TIf:'A r Y
ORD
BOARD lr TRU T `• g
To�VN OF THOS . :4M I. ..............................e t...Green...........................................................................................................
as ecllor♦ l.i vin..d ctr��tn' A
lf4�.
vi a s:or the'�pu, ose being first duly sworn, declare and say that I am the (��t'� ) (Editor) of the
ing, acgtlirt ,
Improvinq,lts airpgoilty�t CfUaelftl�r;anhd e
fiord o Trtatera
otrthe: dwn 'hA...TglM.. 8N9............................................................ a semi-weekly newspaper,
of. Taos: Ncty M a t hsarlu t published in the English Language, and havin g a g eneral circulation in the City
and
of.said 't wli hlr�
the•nepO
ou . bonds of County of Taos, State of New Mexico, and being a newspaper duly qualified to publish
said 't'o�ytaaingij . tt:ie:brtn- g P P
c Ipal amotYtity ffi1 , d.00, Ser- legal notices and advertisements under the provisions of Chapter 187 of the Session
its April ], 1986,'coht<tiRtttint; all Laws of 1937; that the publication, a copy of which is hereto attached, was published
of the negutiable coupon revenue
bonds.
section 2. 'Cite bonds issued and in said paper for................................ n..e...................................................................Insertions, and on
anid shall he payable both ris to P p
principal and Interest from, the
net income of the facilities incat- Tuead .........
." ..............of each week in the regular issue of
oil at the Taos Municipal Airport,
whether or not.financed in whole the paper during the time of publication, and that the notice was published in the news-
or In port with the proceeds of
tnis bond issue.'The net Income
from the facilities operated by paper proper, and not in any supplement, for........................ne..................Insertions the first
the Town of Taos, Ne•v Alexico,
at the Taos Municipal Airport
shall be placed In it special fund, publication being on the...................80..............................day of.............M811'Ch............ 19..........,
Identified as the "Airport Reven-
ue Bond Fund", and the Town of
Tans shall pay from said rand, and the last publication on the....................... ...............................day of.........................................
sitter provislon'for all reasonable
expenses of operation and main- 19............: that a ment for said advertisement has been (dui made) or (assessed as
tenancc. the prInelpal tit ,Ind In P y y
terest on said ponds.*Snid bonds court costs); that the undersigned has personal knowledge of the matters and things
are addltlonnlly secured t>y a
pledge of revenues derived from set forth In this affidavit.
gnsoline taxes fixed and collect-
oil under the nuthorlty of See-
lions 14.18.1 throu.`19.38.4.N.M.- ILL
S.A., 1953 Compllt n (as amend.
ed by Laws 1965, napter 300) to �_ Aa � L `
theextent permitted by Section ...............................................................................................I.,.....................
14.40-10, NX.S.A., 11x53 Compila- at $..........43...3 . Editor-AWV1`r`SYv"'r
tion (Pocket Supplement). `oth-
1ng In this Ordinance shall be
construed to prevent the Town of
Taos from applying to the pay. at $............................ Subscribed and sworn to before me this................. .t.............
ment of this bond or the Interest
thereon. any moneys of the Town 6b
of Taos which may be legally -ax E.............. day of. J=9 .., A.D., 19.
available for that purpose.
Section 3. The bonds of said ser-
ten shall henr date as or April 1, 44 6
1966. consist of twenty (_n) t,onds tat$.................. •• �-
to the denomination of 55.000.00 � �� `
each, numbered from ] to 20, ....:.........................................................
both inclusive. and maturing In j _ Notary Public
regular numerical order. V000.00,
on the 1st tiny of April in each;
of the years 1967 through 1976.; ;' My Commission Expires
Inclush•c, and 3100(10.00 on the """"""'
1st day of April in each of the
,ca ]977•through 1981. inclus- Tebme.ry 101, IM/ .i
it rs a e, nd hearing Interest at the!...................................... ............................................:/Y......................................
Late of---per cent (--f,) per an-1
num, payable Oetowr 1. 1966, and 1
semi-annunlly thereafter on the
first days. of April and Oclob-
or of each year, both principal
and Interest pnyahle In lawful
mnney of.the United States of
America, at the office or the
Town Clerk of the Town or Taos,
New Mexlen, 1londs maturing on
anti after April 1. 1977, are sub-
ject to prior redemption in in-
verse numerical order on April 1,
1976, and on any Interest pay-
ment date thereafter at P.,r. nlus
A premium, of five per cent (5°>r)
or prin..-?nt. Notice of redemption
shall he published In a nowypaper
of general rlrculatlon in the T1wn
or Tao* at least thirty (30) days'
prior to the dntc of redemption.
Scotlry:. 4. Said bonds shall bear
the signature or the Jtayor of the
Town of Taos. New Mexico. and
shall be at'::.led by the slrnnture
of the Tr-,.,n Clerk under the seal
of PC; Town. The coupons at-
tached in sn!d 'bonds shall hear
the facsimile signature of t he
Treasurer of the Town of Taos,
Now Dlc dvo.
I Section 5. No member of the
Ia of Taos of any perso of n n te.ocuting
I. the bonds authorized to be issued
t hereunder shall be personally 11-
1� able on said bonds and all bonds
p naayar solely from
designated..
n No bond Is a debt. liability or
r: eneral'obligation of the Town of
Taos , New Mexico.
T Section 6. The said bonds and
N. coupons thereto attached shall he
r,:, in substantially the following
-a form.:
Ch (Fornn nt nand)
sa.t UNITEi1 STATES OF AMERiCA ;
of STATi: OF NEW MEXICO
A TOWN OF TAOS. NEW 31EXiCO
t AIRPORT REVENUE BONDS
SERIES APRIL 1, 1966 '
ff4$ No.— 551000.00
sA1y The Town of Taos, In the Coun-
ty of Tans. State of New Mexico, _
hereby acknowledges its Indebt-
edness, and for value received, y
rhomises to pay to the bearer on
e.lat day of April..A. D. 19—,
the sum o.
VTVT' oUSAND DOLLARS.
_mot- UtdtS.
s a es �CUMENTS
thereon as evident!A Y CO cn p
,fool the rdate here jt p t the rate
M per annum, AILABLE COPIES.
pnyahIL seml-annually on the 1st
cl+,y, II A1,ril and October In each
both l an and Interest
Vcnr' tile upon presenlatim)
heing PAYn or the
;uui surrcnd o"ithnut deduction
proper
coupon,a or collection rTo�n
for ex
rhangoffic7 of ih7
es, at the Tnos, New, ;1lexico.rlor
Treasurer, ect to P
+(This ')on(' is APrilt�l. 1976, and
t•edemption ,;cyMent date
on an)) interest f rem-
thereattcr,Al par Pigs Aofpprin-
lum of rice per cent w"')
rlpnl•1 s bond and
Payment of Ihi. Sole.
�A r such
tcrest Ihcn'Adnnghseto rlt.m toe
{y [coin, 1 s e'I.
payment there Is Pledged�s l l+a
well ificcB und'
on
F ;
QM --Airport•t i It"enu Town or Taos sr.
Into which the :
covenants to pay from ib7 re\+cr-
f% uf• t. r
ues to derived
airport facilities.
Ilion yin
ter procisufnope Hilo m�lsnmah - `4i.
expenses sums sufflci7nl to t1I"- _tr:
tcon cc,%u due. the pr,nclPa{ of
And ntcrest on the bonds of Elhe
�rrles of \\'hlrh this ''secured h)' ,.
bonds are addre�c uc� d e.r I v e d
a tdedgc of Sec- r
from gxsollne taxes flied and col-
leclect undo lhi through Y14 r -
tions 14 I a\cs 196,x,
0 IAS xmmcn+l^d by
111 S, ter 3n01 In the ext nta01Q.
mitted by S c r t i iiallon IPock
N.�f.5.A.. 1953 Come herein
c1 Supplement. i"ocol st ru7d to
contained shall he conving
prevent the Town fr app f,or
to the -P++Yment of t A. hmmtcys
the interest Ihcro nt.
of the Town nhlch may be Icgal- ,`-
Iv A,allable for that purpose, the 7'r,
1'o\cn of TAGS, ve\\'
agrees \\'ith the holder of t h 1
bond surd with hecchime c he Will
person who may \till keep and
cr hereof, that. It of the
perform All th7 co\'cn he i
ordinance nulhorizing the Issuance
of this hand. reed that Ibis
anti
It is expressly ag collectible
bond is pxYable
sansfrom the net income of the
not ss+Id p(ti2111 iciattare [in need in
\whole or In part from the pro' 4
Air-
reeds of the Y( "n °Series 4Aprit
port Revenue Bonds.
]. 19fifi. by bond 1; of cirevenue
secured by n pgoline inxes fixed
deri\'ed from ga•
And roII0cted under the xut{tor►IVI,'
of Sccttons la:i8a through la•31-•i,
N.111.S,A., 958ComPllalimt Her
)�tVp 1965. t hn{
amended Xtent hcrmitled h
3r1(n ..to•1 r '-1p. 1T ht
-S.A. 1933
t Imp F8.,.' iakei: SupPlcmcnt.) it
The he)_, bon ':may not
�t44'"' 6r other
funds o ri Ttl tor.the PaY-
ment of WIL o[ or in-
terest tgation, o t h e r
than tl) 1 YR Revenue Bond
Fund: arid'-t e: additional secuw-
ttv her7ln,ktated. '"
rhis hond tc +arin8� ac4ulrin&1
purpuse of p' l I
g constructing and lmpro`'ing Air- r
ttort "FxrlllUes or the To\cn (It
IF,
Taos,
New Mexico. and Is Issued
` In strict compliance with the Con-
stltution and laws of the State of N,
Nc\s \17x'20.
It Is herA�tsC7andlctthings are-
Iconditions. Constitution and -
quired h the
In\\•s of the State of New and to
to exist, to have hapP7rercdc tt to
have been performedd P
And In the Issuance Of wind ha\e
exist, have happened,
been erformed anti at the S-
phnnd which on
sue o r ..
mitatlon pre-
ss within every Z.
scribed by the Const.ltulion a n d
Of said Slate.
iN WITNESS WI;ERFOF, the
Town of Taos• Neu• \Icxico. has ,• "
rrcusrd this bond to be signed by _
Its Jinvor, sealed \\'hit Its Clerk.
rate s7Al, attested `;,
and the couPon itlhethe fn11similc
f
to he slgncdlhe Town Treasurer. c
1 signature of of April, 1366.
Ixs of the 1st dnY
Nlavor
fSF'Al i t"
r1'rTF S7': �:•.
To\\a Clerk on
■(insert in In 1977)Maturing ';-,;
and after April
,..
(Form et Coupon) {,..
Coupon No.— wit I. 19fifi.
s Scries AP
.On.
the.lat.dnv.-of.Aor11. Otte-
i r ,ait.�♦�"�, r Par:,
her. \.D.: In_ r.« Imirse this
bond tha, been rnlleri roll nlor t'C•
drn,p:wv�, the Tm,n of Yllos, In
ill,, I'ou ill- of Tares and Sill ie of
\e,% \1 \fro, „I!l p;fy to the hear-
er. at tilt, nffive of flu` '1'n%en
>, I'rt,a.m-vr. •Totem of Tans, NOW
the amount shim n hereon •r
?o lam%fill money of the I'n I t C(1
.,ales of .%7nerica, solely from the
fsuul de.ignrfeld In the hmul to ill
,%hu•h this cnupon I• allarhed, r,
he;ng Ihr srml•annual Inlrrrct (lug a
:,nn Ns 1\n'porl Itr%enu0 11 n if d, 1
•'dated A}u'il 1. A.h. 1!1116, nrnrinC nl l
T(m n '1'reasu.•`r s
f•• Insert in p t rnmon nrtlurling
0vtfiber 1. 1976, and ther'eafler)
t M
sevilon 7. For Ihr prfrposr of t
.addl l Ilona l lt' si'voring the pa amen,
•ref such oinuis the Toan pledges Cd
Jill, r4,relpi, of gasoline taxes 11•
fixed and rollecled under the'lfu• ds
thmil\ of herllons 1.1-:98-1 In 11-:14 he
1. 1nrlusrvv, N.M.�;.A.• 1953 r'nm• d•
pilallom ufs amended 1,\• ('haptrr or
.loo La••, 111651 ,,if ill I evelppts 1)f
sh f
all el, placed into a , nkffig
fund.
111,b1 srp;Irlite and n it a rt d
troll, other munlrlpal funds. When
said fund equals 125°• of Ihr prin-I •�
opal and mtrresl requiremenlli
for tilt- fi.cal \ea,• any addllim,ol
-evrnl,rt from gasoilnr lags dllr• }
•tl^ Il,ot -emr ma\- be Iransfrrred
to the ••rnrrl,l fund to hr expend• j
fill at the Rnatd of 'Trusters may
dlrret_ \coney, in the sinking fund 1
shrill be transferred srml•annual•
Iv t., the Ait1+n•t Revenue Rand j
Fund. }
Section R. Njotle%it In the Air-
port Revenue Rend Fund shall Ire
frsl used In pav pelncipal 1111.1 In-
le:v, on the bond, herein issl:rd
areording t o thell, trims. A n y .
mallets rem;fining in Bald frrud 1
shall hr Iransforred annualIv U, If
Separate fund to he killmn as
"Alroorl ilm ellue Bond. Series
April I. 1966, ILe.serve Fund."
\%'hell the rrsrr%e fund renehes an
amounl equal in the ma.\lmutn
am41unt for 1.114, \•oar's pruulpal
v:d inleresl requireme;lts on the
hoed hrrelm 1s,uefl, not 11ore de-
poses nerd hr ntarle 11,1141 tilt, Re-
srrvr Fund miles, It is depleted.
\lonev, In Ihr Resrrcr Fund s11a11
hl, uil,d to make up ant, drfivien.
Iv hl the Airport Revenue liond
Fund. Monc\s In 1 he 11 r s r r v e
Fund map lee ill%rstrll In dor4,1
ohltg;rtlort5 of I t'nnerl Stales. }
j Sertlon 1, No Ionic 11a\u1C a
y tarn supr .Ior to the hands hereh,
r issued shall hr issued \%hti,, any
of Ihr hortdc heroin ta,ut-rl are
nulstanlill". Rand•, hncil.g a Ifen I I
rqurl 10 1110 hm.d, herw , Issued
1 Iliav he issued al any ,fine that
file terrlp{s rrnm file nn`nlcipal
s g;lsolin„ In% nr the To%\tt for Zile
z - {nerrdt ,C I „ e I\ e mmrtIts are
rgma) l0 1\0^ of the macintuni
t?lw,paI a r.l,1 1!11 rrest requu•e-
ittenls of the oot,t;[Ili till! honrls l
;tttd Ili loom, propoSed in he Is-.
1. dell llonds ha%in;: a hen Infrr,or
` 'r}• r ;�„•':,..,:' i (n the hrtnrl, hereto Iscnrrj tnnv j
7% x,- 'it-` issued al anv liter the Town
j•.ir ° r: not �n default in ih, p;vftlent
8s of prulrllial or ::"" -I •rest oft the
ty�' ' hands hercm issued.
in That if an\• one or
D 111,re serlu,tls or parts of t h f c
(n'dln;fnrr shall he ad,I,mlCed On-
enfmrrrrhlr or invalid, such 111d,
1111,111 shall not afrrcl !mpwr or
unalidaty Ihv renta if) ng lot ove-
sunts of Ihlt 01WIlanre, It hrtnC
tilt, In'eniion that lhp valour pro
%lsumt, hereof are se%erahiv. t
SpOloll II. All orrhnanrrt n E` t
l ilmits of ntdlnmwoe in vonf!i1•1
i here„oh itre hereby lepf`aled. 1
Ser•Innt 1:' Th1s Onlinanre f s r
lieu-h% rte,Iall"I 141 bt, an elmt'e-
__�. vtw% willMin't, and it s11fdj "fig
,ltd rrntt;.%I14 'HOVt mile llmlds, Ser•
1.•s ,%pelt I. 1966, and life inter1,.t
Iliv:vott, h;ne Joplin full\ paid, sal-
i.rrd and discharged as herein
}t:n%uled
IN WIT'NE'SS \%TIER,IK t In 1 It
)rdlnfnce \%ifs adopted 11 Ilse a,
I;rnuftt\e tole of three-fourills of
all the members I,f the Rnarrl off
•I't'll,l I'f`s of file Tn%,n or Tans.
\e\, Mmeo. and after due evorll•
lialion, approved h% the \layol of
.aid To\vn and attested by I he
Clerk, artrl fife corporate seal n f
satd Tom, afflecd, on this •nth day
of March. 1966.
APPROVIF11:
s/ .lemse Vigil
Mayor
(SEAL)
A11 ST:
S1 11\• 0. Rlvel'a
ICrk
! � No. 1.25, Pub. March ?.
N,Id" nn' ihr J.tu•lo 'e of In'epal•. I. .. ,� . •. „� ,.. ..,......
r!I rt in L• altrl 1 .�. • .'ft :';!'''P`.t I'nUi.n „
.I„ •, ail'!n,l I (ae;li.y. Ihr•
If n n
' T: .f r•:� of !!t(' tr,\'l: 'v, ;err. ;•! I1'e +r
1'
,: n !,.
I, ,ri, .,\!r;irn ('11 h:Its it {,r, at.,'1111 hr: \ i' P. I I. u••,Ircc ?hit
s.,„I Twn r:. sh,,;l Issile alit ,,i n” 1,u' 1•1 hold
.N h,r .. .1 "'d fu perrrrm. I
I w 1x,_1, i lit the 1'1.1111-'11 Winds of l nil' r 'i'i
I, .i .. t •1 n,:!
if- , Intr..r:. the, ! •, r, ':,r , a•trl ::Itr
,•.,I ..•nntutJ n t1nl1.UI 1411 `I, - is {rr1,r„Ill.rt tr. 1e, \1"•.Ir.. p,,, I' In. IIPai•
1 I, n,il'tl(11 ill n !I1: h'n111 1: r., ❑' Illy t.'!.. n' ,:i.. 'J I, It
,. ”, ,,r� il'1',r rrr•1!r.rl' r,.,E,:1 ill 'I" ,'1 ..l' tirfll iln,. •I''r,�.,::LII 'J'., or Ta nc CI,
r9J; \IC'. Inr n•nurl sit!.•,•. If vrr•..
;r,,:l , ,, ... .,(' I I,r -rte,.r in 1•,' Ill." I, I hr It,1 (•If
..\fr.•.1,., �lrrtt•, .\n1r•�:, ell,.,•• om Ihr '
:u '. 'InI. 1a•' ' u, ,I t. p'n,• fl,till :,n•!, Inr 11."1 1 ,
,n- ! ho•!' I r• lo.•q•. °tf t,1, 1 i117h an, a lnrr � •p.,'I .11rl:n
,1i . het:,_ lit •".••;- :al stir: ct rho'
. 'u ,: :I. !, '\n•t., I"•,me,, halt•
„ , •: \•I. yG• :I, .. :, p if D'rnl- 1,,. \, is r1' ,,,',r.,c• I,r Rte e,1
u '1 ! ::• et if �/t + fit :, r , rr't ::,'. 1 , 111111- d1.fr,I`,\Ii1.l .\.ti lnii(i. herd Ir•_
lit 'it' f., ,:.! onrl,r4.41 h, !'r:t it' „ t1,.• bond awl I • Tent' 'hI'r;l"nrr
tI ' 'I, T;, '1 . .1. phi.ii hr maor list iI r" rr,;pnl:s maltn'11n,;
;r' ';r 't•;, `.I,'I . .t•( .'•.o'Ir, e,1 ! ,..it,11 1. , ,r,1. Orlteher 1 1117'' IIr.(I t fie r pit firrl
I. . ,Jr ill 0. it ,pr, .44 ,1 Wit - Fn• Ihr lilt rpn,r of
1,h .I a• •''• \n n' :r\ •r• �� ;u :1: :t fl , it addlfnnlah• c„it,in; the pilrtnr!'I
ac:l I!I, •T.w:1to( ',I:{ I:.•• ,I'ur Ibm•I \ F':In,f of cilrh herrfls tor` Tm•n plydtcrs
I'..• 1,.i' fl'om .;,.I feud, :r,.' I'll,:! of Tar, III- •I,,,,fill' of '-,.I tell Iit\rs
;,(':.�' nn,v•�;i,r (ter ;,(( •r ,'onnhlr' �t r.r.E,,:,.!':'. !„ 1r,ry ',rte! 1ltr rrrrl:-
fl\rd ;Intl r',.1;-,cIed tinder the .eli-
e'•,prn.r. ,t!y.. :Ind nl;lln.l urs In L rirr,\rtl rfl."In tile, ulmr. thn:'ii) n,' reel Ions 11-3S-1 10 11-:1�.
L•:::n••v. file, iy:•,ril,nl of enlI W. at'on , ;I, ;I I'wto (entities ;.f. 4, un'lusn r, \.\1.:;A., 1953 ('nn7-
1,•.,•.1 m ,:,111 n,.,l,l.M ti.li.! onn,I.I I,r p , - ,".. t,6 ;ell 1''•WSnli.lhie, Pj1lilt floi' ,aS afiteltded h\' Cha!rtrr
.' ;old I! :. .\ ,t” .I rd :! ' 1'••11,`I',r n' .';,el.I'.nr ;!II n...... N1110 I.a, c infiil Sa Id' I plc
•• ".I: :. „'! .Ir1 I• vl nmi �+ irn;.nr•r '.ot, of^rv'n! fiIall hr pinrrry into
1 I :1 cmkn';:
t:n.o,�urt,fl., „a f'�•d a•,.lr' r raa r,r "•u•• r �r, In' p: n,Will n; furl held Sepal air and ;1 :1 a 1'I
r'! t. ,Ir Ill- .1.:'n:,r'1l\ „f•",•r :� 'rl In1
........• ell lh- h•rlrl, .. ILr from lit 1wr nil n if-l lt;tl r 1 nit, Wh,n
Ihtn; l' ta•••.i. \ \i • , I`, h !n.. on: A said ftmd equal' 1;l.i'' of th(` prin-
S 1'ot1' unt amrn'i.i E bnnrls a'r arl,lltuuti,l,r`s rurro ht rip;tl and Inlrrrcl I Ill 111;T tile 111
rrl I.• ! :' iIIf", ( h'llilt: :4(,111 h' •, nir"I,I ." ,rntic dr`I I,'r,l felt ihr fisrWl '.'ear' allp addlI Iona I
or':L .'t. i h•, SecI ,,;1, '''al, ,n ,\„ I. -.I alul rIpollec front t:asohne la\rs dur.
tc-ir,-;:1 YAi,.A. i<':,': 1'nniitl l;:. r,..•!P'll I,.,!•• 11,• ;r rl!,nr 11 t• ' St., Inp the,, \"it l nta•r he Ira its rerred
I to l`n I;..! .un111•nv••ri \ulh- ( I .ms I ; 1 1!l r..l n I 1 "� to Ihr nrnel;il fund to hr r\prnrl-
vr_ t11•, re,, Lna,.rr �It.rll I"•� I'., mi^•^,Ir:l b\ I,,:.. 1!1';', elf ac Illy ilia r(I of 'rru st eoS nin)'
; ::.I,' '•,I ... I,.r•�a' I!'r 1'11\,11 elf. r'hap'rr 1, in Inr v\1 pill p„I- dfiect. 1!,ulr\•c It,. the sinkma hunt -
m, I!.,Ill Wp!,I\!n;: to the, IIli outII-ft h•, ecI.I I.,it 11-In-ln. Shall lit, ifanclrrred crnli-nnotlit
lit ni Ihi'. I,:.:•li o, ihr iWlrrrcl X.MS.A. 1!1,53 C'ottlpilalton Ipnrk• It to the AUJ(ot Y.crrnue Band
iron an\' nu m'••, of the ToI\,i Fund.
rl Supplement. \uttlJnq hrrrlll: Srl•Ilon F. MolleNg in the, Air•;
lit 're,,,., a l,1,h nt.ty be, ;egaIly ronlorned sh. 'I hr r'onstrued 101 port Rrrrnue Sond F'unrf shAIf he'
r11nsr. p.r\rnt I .•, Torn front aptll\•In s: first user) Ite pn�• principal and In-
c,. ser-, I„ Uu• u,,'.Invill of ilits hard ter irrrst on the bmidc herein issurrl
:ntrrr:; thrrron, and moneys arrnrdnl3 In then term' A n�'
!'we;';. rnr,ist ••f I •r lit. r^O1 hords l of II J1.,'II IN h': h nlav hr Ir•;al-
I.1 Ihr d'•nnnlln.11 ,,•1 if S.i.nno.ilil Iv aca:labfr felt• that purporr`. TIIV morr)'s rrma�n!n in sit 1,1 Rtnrl
r:Ir11. 11:,mw^elf I' m I Ir. ^n •J'„•,\11 f,r shall he transferred annuall,' to a.
l III \r^ \irsi11 fieiu'aIe fund Io tee 1,no\\n as
IE..th orinsl\r, e1,tl nrnlurlr;_ m. fa
1_rrrs , Ilh tile, holfler of t h l c "Airport Re\(•ittie Rind, series i
r•711 l;1, r^nn•"Ir;ll nrdre. S3,opfi.nll hnllrl .tart \,'I!h e;nh and pyre>' Anrll 1. 1Sh;r;. RE•arr�'e Funrl...
o•, th,, 1't da\ "f .1111 I1 In rWr'h pr,en "Ito in..)• hrromr the, held. When the rrser\r fund reat-hes till
W Ihr \',':.:'c 1967 through 197 r;. re, hereof, tha! 11 %QI keep and amount rgual to the ma\Imnm,
'llrlilat 1. r, ;d .Sill 000.011 tell Itle i,r:'fol!11 all 1'if, ru\eltanis of mV aniount for Wile r(';t r''s llrulcmai
I da\ April in rarh of the ordinar,rr aothoriclns; file Issuaflr° Inrl mlerrsl re(
re,;,rc 10-7 !n!ou::h I!lcl. lnrl,i— of fill. I'nn,I. JnirMner,is on the
boon hrrri'1 !'curet, no -n ore rlr-
1\r• and 11c.1 11%., inlrrr:•I at the it is ,'\1,7'•,cl\' mired Ihal Inic
"i.• „' :' r,lit I p:r ;u hn:,d !c Ilil)'a hie ,till r„I ler!Ih le, �w tilt Flu ill fit,
im!list ltlsrl dlrpir•I r•1
rum. !..,c.n'Ie rtrinher 1. 1!166,, and ,.,Ill)' f:onl Ihr no! mrnrnr tf the, 1lonres lit the, Rrsrr\c Fund ,ha!I
ml-;Ivwt.11l\ hr'r.;1r(rr ten Ihr Tans A,!pol•( f:lrilifirs. I\'hriher ter be, us0d in lip R e ant Fund 'hio-
c! da c of ,\nett and n'It,t,• nil s,ud Fu'tlltu`s are, finilnred I: r\' ht flip Airport fterentle lion,?
re, ter 1,o I, �e;n, 1_11, ill u,,'lpal \I'hn)r ter, In part from till` pro. Fund. Nh,nrrs in the R e s r,'\ r.
will 1, ;."est pa•.alrle rt LtII ful cords of ih(• 1'0\\n of 'TWOS 116.
ter.'!,.•. of Ihr i'111Ir,1 `Ink`s ter purl I:o\.`It'W' Ronrls. Srrlrs ,\Iiiil Fund ma\' hr mrrslorl In rinrri
ohl!�a+lnms of the, United Slalec.'
.\lit^•r.• :,! !hr nfhrr of I fir ] ilIe It\, hnllrl IS ;uldlttnndllS tirrtlorl 9. �'n Iron.I, having a
r•J: n' !hr 'fell. n of an•. srrurrd by a !r!rll:;r of r('I'ellues lien supo!inr to ihr hnnric iteroln
N r•'• '•h^.n•r.. Rands ma till'in; rot drr•n rrl '•,•rte l::rsolinr ta\r, ri'.ed issued shall hr isclle(I \\bile air'
a':.t ;.fir' .\p:1i 1. 1!177, are, suh- ;111,1 ••,ile.led undrt• the aulllo"Ilc of ihr hnndc hrrrin issued are
r'r'W.I II•dl•mI1;1'.11 lit u,- r:! S,•rt:ons II-;iti-7 Ihrnul;h ]1-:s•!, out,tandlrlr. Rinds hat!n- a Urn
\r•.r I, rnrrwril ardor -,it April 1, N"1,S.,\ x953 C,tin iu'aI!nn lac erual to Ihr blinds herein issued
1`171'1, W ''I "I :e,:1' I•:Ir,CSI p,t\- I'nrn'icd h}' lays I.Iri.i, r hapt''1' m�'1�• he Iscurd at and' time, that
mr'•I (I ill Ihrr'•;.rfl•I• al par 'Ihic "'fell to L,1e extent prrmnirrl h r
a pi. 'r,nnn. of f!\e per rill: (5°,) ',r''llon t-��1-]fl, \.\1.F..\. (ltit Ithr irrelpls f"rem the ntunlrinal'
+I)•acohn„ Ili\ of the To\\'n fir the
or ,.,:m wit I `:,firer of Irdempt nor !'nit);)$)al. .•ir1'Por•ket Suppirrnent 1 prrre.ivi'r, t„ r i•. r mnllrhs are,
!.hat ter 1,11W!'I'•II In a nr17snaurl• The hnld t this hold mar :tit rr!ual to 1:,iI', of Ihr ma\unum'
o! rural rir.•uuttlnn !rt ihr foI\n innit to E"Reneral of olh,'r pr'r,,:p;iI a^(1 Ihlerr'I reginr„-.
of 'tar„ at I::,,t Ih.rt)' ("tai d;,os fuitds of sad Town for the p;t�•. mrnt, n! Ihr nil silt of t Ili: biotic
J role, to +hr note of Iedwnptwr_ ment of ,the principal of ter in- iut.l Ihr I.nnr(c l,r,q,osrrl In hr• I'-
tir••:Inn i r:ud hnndc' shall hr;u• 1r'rrst oil'UtS'obliFation, o i It r r' sued Rnnns ha\1n;: a lien mror.o*
tar •.,_!;.Itu,r 1.' Ihr Mayor of tc.• !!Iwl ihr
. Airport Rrrenur f;1,I l
ill lilt, bnnrs herein issurr mar' ;.„ • Nr.• � c\ro ,.',t all" hr
ar!(ltilona' c,,•.!,I• hr Is'urrt 1,t am llt7lr Ihr Tn't•l
chat! hrf at'r-1 rd h\' the, si n:t;ulo 11\ lit-ein 'fated, I not m defa:tli in ihr p;morn!
of Ihr To”o I'.rrl; trlulrr Ihr seal 'i'll,s I...... I Is 1111•.1 for Ihr 'of ;)T ill, c
ter ca:(I Tn'.,': T'he roll inn, al-I pllt pwe v: fit CJtai I;ix, ttCy Wl'Ing 'hind, hey flnllflcslu tirtntt rt r.t nn Ihr
Iarlid In caul In,nlls shall hear �rrtum lrl 'i'11rt1 If ail\' one m'
e f.i,s1:11i;C "111itlin•r of I !l r
ilia 'ertlolls lit pa t•lc of ! i1 I c
T•r;,cnrrr ..r the T'n\\h of 'fins i eons;rw'I!nC nrnl nnplo\nir :\u'- O'dillwire ,hall he ad)ud7:ed 1'n-
Juul Fa61111Ws of the 'J'o'.In n( rnfnrrratile ter nn;Ihd, such turf,-
,.Frrlinn N` . manor,' ,1( Ihr I fan, \e\,
\lr\Ivo. and Is Iscurd mint shall rot 1IM-I. lnlpan' m'
Svtlyd of •f:l:,I,ec ell the .l,n\' It :11 ,t,Ict voll1 II
t'r' I ilml
I t lit Ihr 1'un. .r\andalr ihr ''rnlalninc n'o\,-
of •ran' ter a••\ prnnn he issln:r <ttrutwn ;rr•rt tat\s of Ihr Ft;Ilr of c,nn' of Ihic r7l,finanro tI II,vI
t!m hnn'l, .,' !hnnrrd In he icsu,rl \'r'•' 11e\I"'' ihr 1111 Mow Ilvtt ihr carious pen
h,'1••u1:.lr• c ,a': hr {,r;snn.Illr I!- It II; herrW\ r r r \ISmr19 h"I'rnf are Ile\er'ahlr.
thin nI ,:11:1 ho•1ds and ;d, hon(IcE r it Ir1f fhnl a I I
ron,IU ion" :Irtc nn11 Ihln;;c Sor'u'it Ii All o'-dwalp-cs n-
;ur !..t,,,:•,,• r:r 1.4 1 ihr 1lulrrli h\ Ihr f'unslltullnn aiIle, jliaIIS of III rl,n;rr.'rc In rte n f ! I t
soil"re,. h.•rrn•.:,!,o\r dreu;nalrri' I,I,•c of Ihr �Ialy of tin\ :herra,lh are hereby rroealrd.
\n hwol 1, n dehl, t till or Ir\u•o Sr'•Ilo•, 1'.t This rlrdlnan•e I e
•'.r•,,+ rl•!I,.11ron elf 1110 '1'onn of t't r\IVI. to lilt tiahpenrd ;ll(I In
h;nv hall prrfornn•d, J,rrrrdrnt to htnrhy rfr,ttrrri to be an rnlrrl-
7:,- , `.re, :\i he Will 111 ill" lssudnrr o :rncr ordilwo 'e and II sill
n.•rt..'r (; 'I'hr s;ill hands and r\i't. hole ha r,rnrrlf ,lief Ihal\r ,.t It',, .. 1�� Ihr•
fll:ll col. - ,
hrrn priru mrd• and ih'lI Itie I,. Ir, i,(`\r.nu' floods, Sor-
rnc!,:.n, rt af:a,!trd sltuil hr, f 1
to p Ihr folio„Iii sue (If 1.I fl of \.h1r•h talc is inr Iltrrwultlh�'.r ii,r,vtrllu;:)ltl,atu:hrsat-
f„Inn n '\I:hnl e\(•}' linllalmr. 1,1Ird ;tilt .11ha'cod as livid!,
I,.r n, of ItmolI srl lhed hI Ihr I'„n5t11u1ion a!1irlyd ;pn.\111"d
1'\1I'f.li '•'I',N'IF, III' 1,11:111f'.� I'I";I::� 1\'llFatr'F ! h c
-T•\'I'1 ill' \1:\\ \i1:\11'11 al' r\�t,1 ,fr�•<it wI11:1!1:(7F'. Ihr dn,:u I ' Inn'r'1 h\ ihr „'-
'1'111\'\ ell T\()S: \I.\\ lll:\1111' 'i'o• T'n,,: \r+• \Ir\trr. '! +
AIftl'oft'l' ItIAENI 1. Il1D\I1� f• 1:1,' hr ,l,nr11hah F.M1!1iIlk1. •,,,,� ..r t�irrr-h,urihc n(
�I:I:I1;� 11'Itll. I. IAI;h mrmh.^' „ ihr• Retard of
1961;l Urr1 >1 =o;tir.l 1 1111 II, r,.rJ.t. l..:1,:; rc .,r ,1.t, -1•,.•1, of Tan c
"f. !, Ihr -nun. a,`II„ ;ritr'Ird hr I?c ('io1k, \IrV :.'
I•. -•',, \lov'. ILI Ihr "tlpn'tc 111'1 rite an11r\611 1.1 a11p'mr.i I„ 11 hrI U,• f`•'a in,
n lilt
It,,l. I.•. Iar, �.., tell!'it- ,I,, :flue,,• ! .f. ihr fa,',ItnlJ„ ,;,1d •1',,,' ; ;r r! a!•,,;,•,1 1,• r, . (
r.l'n•: 1. .,,fur `I e,:'.4\rd. .In ter t hr 1,,11 'rr.rasurr^ 1'.(,Ik ;r lilt Inr• rn1 PWit r cra�' n '
I.,.'I•.'�.•. . .II,• rn'n 114' nit 1i'' 1S, (lad of .\V:'it, l.lr;ri• sa;rl •J-n:, 11 ;,', \rfl nn till, Ith (114,
of
s
..v• I' .:ell T.,.,!„1
rn„te!•- Inafullf-g ter(
::fit \,..:,. 1 1'i7i, `\•rl'F-�'!'
I'o-m ell fnupoal ' .�1!•. ., 1!:'r,p
` ` \11' 1. 190; ° 'u
A ,, 1 flat n. ” ! h 1Ja;611 `•
w
Affidavit o kation
State of New Mexico Q^`
County of San4t
,,.
4
� I, ..»......J.anet»l?er kips............»......»......»..._...»»»y.. ....».»»......, being first
duly sworn, declare and say that I am the Manager) (Editor) of
The New Mexican, a daily newspaper, published in the English Language,
and having a general circulation in the City and County of Santa Fe. State
of New Mexico, and being a newspaper duly qualified to publish legal noti-
ces and advertisements under the provisions of Chapter 167 of the Session
Laws of 1937; that the publication, a copy of which is hereto attached, was
published in said paper once each week for Y�..1.....coneet,-uUve weeks, and
on the same day of each week in the regular issue of the paper during the
time of publication, and that the notice was published in the newspaper pro-
per, and not in any suppl,ment, once each week fof. : ..weeks=coase-
cutively, the first publication on the.»».I.._..»».day of Mach —,19_L6;
and the last publication on.._--day of..»....»....,.»..., 19...»..»...; that pay-
ment for said advertisement has been (duly made), or (assessed as court
costs); that the undersigned has personal knowledge of the matters and
things set forth in this affidavit.
PUBLISHER'S BILL )
1 29.55 ' _ '~ ,•; _/' ...�:::!���' ::_:. ».
..�Z._»_lines, oae time at$.._»__._._...
Editor-Manager
-»"'B°°s, times S '"" Subscribed and sworn to before me this Z....
TU R--- — day, of March »»». .D., :6»»..
Taal i..204-4
Received Psymeat, r otary Aublic
My commission expires
By aura
fv. ,7". •x'?'p". ,. t.°'?""`S'!?'�.:x"i�'�R'+.{�:.u 3 .J, t � p`tom� . .
-.z
FILMED DOCUMENTS
ARE THE BEST AVAILABLE COPIES.
ti y; z - :' �r.'..- ;�+:�3-r;.'���:lk,wy�•'`i."T,1n:
LEGAL ADAdW114WENT
bonds are offered for delivery,
whirhever-Is later,) the amount
of the depowsit shall be forfeited
. in the Ton and in that event the
Board of Trustees may, accept
the bid of the one making We
. next bid, or If all bids are rejavt-
ed, the Board of Trustees shall
i re-adverf.Ise said bonds for sale
t In the same manner as hercln
provided for the original Advertise-
ment. It there be two or more
equal bids and surh bids are the
best bids received and for not
less than par and accrued inter•
est. the Board of Trustees shall
determine which bid shall be ac.
ce sled.
The Board of Trustees %vlll t4hr
action awarding the bonds or re-
jecting all bids not later than
twenty-tour hours after the expir-
Allon of the time herein presctib-
ed for the receipt of the olds. De.
IN of l", bonds will be merle
to the av iful bidder at tome
bank In s, New Mexico. or
elsewhere at its request and at
Its expense, w•Ithln fnrty-rive days
LEGAL ADVERTISEMENT nr the ar—tanre of the bid. If
for any r delivery cannot he
made w•It. forty-tire days the
o ri7CiAL NOTICE, OF FALR smcesstut odder chain have the
TOWN Olr TAOS. NF:tt' JII:J 1(O right to purchase said bonds dur-
AiRPORT REVENUE ROSD8 Ino the succeeding thirty, days
APRiL 1, 1000 — $100,000.00 upon the same terms, or at the
PUBLIC. NOTICF, is iil•:I FRY request of the successful bidder,
GIVEN that the Board of Trustees during said succeeding thirty bays
of the Town of Tans, New Ntexlco. the good faith deposit will be re.
will, on Saturday, the 12th clay of turned and both the Town and
March, 1966, at the hour of 9:00 snld successful bidder will be re-
A.Ji., Mounlaln Standard Time, tiered of ant, further obllgatinn.
at the Office of the Town Clerk, 'Moe iegally of Me bonds will he
Town iIn11. Taos, New Jlextro, re- Approve, by Messrs. Standley, Ke-
ce(ve scaled bids and publicly 01) cl and Campos. Santa Fe. New
en the sonic for the purchase of i e x 1 e o, whose unqualified op-
Cown of Taos Airport Revenue Inlon, together with tl, printed
Bonds. In the aggregate principal bonds and a romplele c:anscript
amount of 3100.000.00. Said bonds of the l e g a l proceedings, lnciud-
a•iII bear date as of the first day, Ing a rcrtlricate stati:IR that no
of April, 1966, will be In the dc- litlRnlion afferting the validity of
nomination of 35,000.(10 each, wtit the bonds Is pending will be fur-
bear Interest at a rate not ex- niched the purchaser without
ecedinR 6 per cent per annum, charge.
payable October 1, 1966, and semi BOARD OF TRUSTEES
annually thereafter on the first TOWN OF TAOS, NEW MEXICO
days of April and October in By s/ Jesse Vigil Mayor
each year, and n•III mature ser- (SEAT.)
)ally In regular numerical order ATTEST:
as follows: sthlolly O. Rivera
350110.00 on the first day of April Town Clerk
i in the years 1967 to 1976,inclusive. (Legal No. 2432 Pub. March 7,
. and $10.000.00 on the first day of 1986
April In the years 1977 to 1981, In- .
elusive.
Both principal and Interest are
payable in lawful money of the
United States of America at the
Y Office of the Town Treasurer of
I- the Town of Tans, New Mexico.
Said bonds are for the purpose of
d securing funds for the prepare-
B t.lon, acquisition construction and
Improvement of an Airport Fa-
y cility.
Sold bonds will not constitute a.
t' debt, liability or general obilFa-
tion of the Town or Tans, New
Atexiro, and shall be payable col-
. ely from the net Income of the
Taos Airppoort Facilities, whether
In whole or Incpalrtsfrom the pro \ .
reeds of said bonds. Said bonds '--�
are Additionally secured by a
pledge of revenues derived from
gasoline taxes fixed and collected
under the authority of Sections 14
M-1 through 1418-4, WNI.S.A.,
1953 Compilation (as amended by
Laws 1960, Chapter 300) to the ex.
tent provided by Ordinance No.
544 of the Town of Taos.
It is permissible to bid differ•
ent or split rates of Interest, pro-
vided, however, that (1) no bid
shall Wetly more than one in-
terest rate for each maturity; (2)
said Interest shall be evidenced by
only one set of coupons; (3) said
coupon rates•shall be only In mui-
( tiples of one-eighth of one
rent (1/84'„) or one-twentleth of
one per cent (1/20x{,): (4) no
more than four separate coupon
rates may be bid for the entire
j Issue.
Bidders are requested to submit
a bid specifying (a) the lowest
rate of Interest and premium, if
i' anv, above par at which such
Ii bidder will purchase such bonds;
or (b) the lowest rate of interest
I- at which the bidder will
:0 purchase said Bonds.
at par. Proposals should be en-
d closed In a scaled envelope marked
ie on the Outside "Proposals for Pur-
chase or Airport Revenue Bonds,
8
Town of Taos, New Mexico" and
addressed to Moils O. Rivera,
Town Clerk, Town of Taos, New
Alex ICo.
Said bonds will he awarded to
Ihn hiohPit 9111 be!' hidder con-
sidering the Interest rate or rates
specified and the premium otfer-
cd, if anv, and subject to the right
of the board of 'Trustees to re.
ail ise. The highest bide wIII abe
determined by deducting the a-
mount of the premium bid, it
. terest Train to be paid ofrom
the date of the yy bonds to the res-
pective Irate maturity dates specifiedhIncthe
I proposal, and Bald bonds will be
3 awarded on the basis of the low-
est net Interest cost. The purchas-
er must pay accrued Interest
from the date of the bonds to the
date of delivery. The bonds will
c:. a not he sold for leas than par and
accrued Interest, nor shall any
discount or commission be Allow-
ed or paid on the sale of such r
' bonds. The Town of Taos reser-,
l vex the privilege of waiting any)
Irrdeguiarlty or Informality of any
All bids shall he sealed and
shall be accomparled b
0 i:jslt of five per
t E cash or certlfled
amount of the
amount puus *re
shall he trtort It
(Here inot Affidavit of Publication of O*ance)
AN ORRDIN( NAMENDING AFFIDAVIT OF PUBLICATION
ORDINANCE• RELATING
TO THE I AND SALE
OF TAOS AI REVENUE State of New Mexico,
BOND SERI IL:A, 1966 .
BE-��, A THEE 36.
TOOd, TA Q xi I County of Taos 4
CO::P.
Keith Green
nrdina a x; �'}? b y
amended ,thread: I. .................................. .. ..
Seri ectehall3►"ar datenai f said being first duly sworn, declare and say that I am the (General Manager) (E»$of the
1, 1966, consist of.,tweet (20)
bonds In th !nation of The Taos News
ge,000.00 M from 1 ...........................................................................................................................I a semi-weekly newspaper,
o so, atur• published in the English Language, and having a general circulation in the City and
$5, 1 to County of Taos, State of New Mexico, and being a newspaper duly qualified to publish
iris f s I on legal notices and advertisements under the provisions of Chapter 167 of the Session
yea a 19 �aq ne Laws of 1937; that the publication, a copy of which is hereto attached, was pt:blished
and bearl I a
of five per cent (5%) pe �� Y38
by coupon$ designated A on in said paper for....................... .......................................Insertions, and on
non as maturing April 1 1967, to Tuesd�* of each week in the regular issue of
andincluding April 11,197% and ............................................ ........................,...................................
Interest at the rate o give and the paper during the time of publication, and that the notice was published in the news-
one-quarter per cent (15-44) on
bonds maturing Avrll 1 1977, to
and including Apr 11 1, i41. plu$ paper proper, and not in any supplement, for...........................One insertions the first
additional Interest by coupons del'!
igrated "B', at the rate of une
per cent Q%) per annum for the publication being on the..................14th...........................day of...........��e................1 19............,
period from April 1, 19(16, to April
lan1976, l-annuall October thereafter on and the last publication on the.................................................
the first days of April and Octob• P day of.........................................
andvfinterestypay,aboth el in rlawful 19............: that payment for said advertisement has teen (duly made) or (assessed as
Amery of the United states or America, at the of(ire of the a court costs); that the undersigned has personal knowledge of the matters and things
Town Clerk of the Town of Taos, set forth in this affidavit.
New Mexico. Bonds maturing on
and after April 1, 1977, are sub*
verse numerical order on April 1
Ject to prior redemption In: in-
, c
1976, and on any Interest pay. A -
men( date thereafter at par plus
a premium of five per cent (5?) $ 4Q.� Ii1WWGeneral Manager
of principal. Notice of redempt on "°'°"""""" ""'
shall be published in a nvAp.
paper of general circulation In 27th
the Town of Taos at least thirty. $..••••••...1,.2,3..•. Subscribed and sworn to before me this....................
..................
(30) days prior to the Ante of re•
dem ptlon:'
Section Z. That Section 6 of Or., 42.18
dinance No. 544 be amended to. $............................ day of..............;UA.0............................... A.D., 19......66.
read:
"Section 6.r The said bonds and _/�GL' r y�
coupons thereto attached chat! ber
In substantially the following' ...............................................................................
form: ......... `_
Re (Form of Bond) Notary Public
UNITED STATES Or A.HVRICA
L 'EW U MEXICO
TOTATOON ES b S
..... A AIRPORT RVENE BON -
............................... My mmission Expires
SERIES APRILL 1, 1966
No.-- $3,000.00
Febr2lt310.t... 68.................................................................
The Town of Tana, In the Coun• ............................. ......................��....... .
Byty of Taos, State of Now Mexico,
hereby acknowledges Its Indebted•
ness, and for value received
promises to pay to the bearer on
the let day of Aprli, A.D. 19—,
the sum of
FIVE THOUSAND DOLLARS
In lawful money of the United
States of America, with Jnterest
thereon as evidenced by coupons
designated 'A', from the date
hereof at the rate of—per cent
(—%) per annum, together' with
a d d I t l o n a l interest b y con•
pons designated 1113" at the
rate of one per cent, (1%) per
annum for the period from April
1, 1966, to April 1. 1976, payable
semi-annually on the let day of
April and October In 4ach Year,
both principal and interest being
payable upon ppresentatlon. and
surrender of this bond, or the
Proper coupon, without deduction
for exchange or collection charg-
es, at the office of the Town
Treasurer, Taos New Mexico.
STAI x(This bond is subject to prior
redemption on April 1, 1965. and
al on any interest payment date
AM thereafter at par plus a premium
rsrac of five per cent (5,L) of prin• — 33
r• cipal.)
PayYment of +his bond and n-
terest•thereon shall be made sole-
N ly from and as security for such
payment there Is pledged, a spec.
1 Pai fund, identified as this "Air.
vh te en noTa „� n whichTo t oscove i
ants to PRY from the revenues to __.. ._.--- .-_.
P�e derlVed from the.operation of
is airport facilities,,at ter pro-
vision for all reasonable expenses
of operation and maintenance,
a u to s- $ufflelilipt:.t dig rre
when duE tb�•prytl pi;T nd
�im.erext &r the bongf o' a"serlei
of which this fa.one..Sa d•bonds
are add
fat To a by Laws 986, Chapter r
900 to the extent permitted by
Section 14-40-10, N,M.3.A., 1959
Compilation (Pocket.Supplement).
Nothing hereln contained shall be
construed to, prevent the Town hk
from applyin to the payment of
this bond or the interest thereon, D DOCUMENTS
any moneys of the Town which
may be legally available for that wvA11:ARL f !17P,I�.0
purpose. The Town of Taos, New
Alexlco, agrees with the holder of
this bond and with each and
every prrson who may become
the holder hereof, that it will keep
and perform all the covenants of
the ordinance authorizing the Is-
suance of this bond,
it Is expressly agreed that this '
band fa payable. and collectible
solely from the net Income of the
Taos Airport facilltles, whether or
not Hold facllltie, are financed-In
whole o� 7 part from the pro-
ceeds of the Town of Taos Air-
pport Revenue Bohda, Series April
11 1966. Said band is additionally
secured by a.pledtttte of revenues
derived from gaaoline taxes fixed
and collected under the authori-
lv of Sections 14-SA-1 through 14-
M-4, N,M.S.A., 19N4 Compilation
.:ax amended by Laws 1965, Chnp-
ter :100) to the extent ppermitted
by Section 14-40.10, N.M.S•A„ 19311
Compilation (Pocket Supplement).
The holder of this bond may not
look to any general or other tubda
of said Town for the payment of
the principal of or Interest on this
obligation, other than the "A 1 r-
rt art Revenue Bond Fund", and
he additional security herein slat--
ed.
his band Is Issued for t h e
furpose of preparing, acqulr-
ng, constructing and Improving
Airport Facilities of the Town at
Taos, New Mexico, and is Issued
in atrict compliance with the Con-
atitutinn and laws of the State of
New Mexico.
It is hereby•certified that all
conditions,, sets and things re-
laottte oLeoco lws f heSat NwMexi
to exist, to have happened and to
have been performed, precedent
to and in the Issuance of this
bond, exist, have happened, and
have been performed, and that .
the Issue of bonds of which this
In one is within every limitation
prescribed by the Constitution and
laws of said State.
IN WITNESS WHEREOF, the
'Town of Taos, New Mexico, has
caused this bond to be signed by
Its Mayor, sealed with its corpor-
ate seal, attested by Its Clerk, and i
the coupons hereto annexed to '
be signed with the facsimile sig-f
nature of the Town Treasurer, as,
lot the lat day of April, 1988. 1
—Mayor �t
((SEAL)
ATTEST:
—Town Clerk
x(Insert In bonds maturing on
and after April.l, 1977)
(Form.of "A' Coupon)
Coupon No.— 11—
Series April 1, 1966............
On the lot day of April, A.D.
19--, (xxuntess this bond has
been called for prior re-
demptlon). the Town of Taos,
In the County of Taos and
State of New Mexlc0, will pay
to the bearer, at the office of the
Town Treasurer, Town of Taos,
,New Mexico, the amount shown
hereon in lawful money of the
United States of America, solely
from the fund designated In the
bond to which this coupon is at-
tached, being tho semi-annual In-
terest due on Its Airport Revenue
Bond, dated April 1, A.D. 1966,
bearing No.—.
(Facsimile Signature)
Town Treasurer
(xxInsert In coupons maturing
October 1, 1976, and thereafter)
(Form of "N' Coupon)
Coupon No.— i-
Series Avrit 1, 1966
On the lot day of Aprh, Octob-
er, A.D. 19—, the Town of Tans,
In the County of Taos and State '
of New Mexico, will pay to the
bearer, at the office of the Town
Treasurer Town of Taas, New
Mexico, the amount Lhow hereon
in lawful money, of the United
States of America solely from the
fund designated in the bond to
Which this coupon Is attached be-
,ing the semi-annual additions, In-
terest due on Its Airport Revenue
Bond, dated April 1, A.D. 1966, +
F. bearing No.— /
(Facsimile Signature) �I
Town Treasurer"
IN WITNESS WHEREOF, this
k Ordinance was adopted by the
affirmative vote of three-fourths
of all the members of the Board
of Trustees of the Town of Taos,
New Mexico. and after due ex-
smination approved by the May
nr of said Town and attested by
the Clerk, and the ccrporate seal
of said Town affixed, on this 10th
day of June, 1966.
APPROVED:
s/ Filemon Sanchez
Mayor
(SEAL)
ATTEST:
s/ Carolyn Paar
Town Clerk
(Le al No. '109, Pub. June . 14,
19t�)
own•, 1111 11, :
I 11e .+ d..\, nr .\III ll and rh 1111,- . .,,, ,•„ :I,,,,,.; � .'
r: r.0 •,+. hoth to 11'rt,r, I• ^ ,r 11
t:
tool t„P,I pa.,,hlr It. la„ft.l :,.t .., io•,'t r'„n+111111,
011DUSANOU NO. iW Ili'• 1 :,111"d SI•,1, 111 nc anir ;,lr•1 I a ?yq C-
0 ,
\nu,c;, Ili,• "(,fur• ,,f I he
AN RI)INA, A111': .'\:'.,; nr 'InI,,, •r•tlr, ?1.p,.lu
ORU1\AN( - N� 544, I(I<L.\'1'1♦.r; I'll, nuNlan„, ,irt S,rnolrvn.•nI' t
TO '1'i E ISSlIANCF ANT) .\ ,?; : r^ :•icon, Bonds matul'r_ I,u
I n s'lit'. 1. In,life, nr H I'mul u•„ n,
OF '1'AO5 AIRPORT RI:1'F`.;'I•: acrd � to ,\I':tl 1 1.77, a•r u•
prin• tr,!t'ntpll"n In In. , Iru,k In air, rrnr,a! „r nlhe, r,., i,
li(1VDS, SERI" Ai'RIL 1. 1!11•;'1 � ;1I n.;nrlua' "rdr• 'm+ ' 1. "f caul 'I•n`u fn: th p \ntr^f
RE IT ORDAINED BY THE 1!17G 11110 ne H1,y Intr,r>1 ,,I,. T 1 "Vol of ,•
Ihr t I^trlr\t "n 1!•I.
R(i VN OF ITA R , N r1F' TII(' recoil (till" lhrrrn fUwt At !,:n 1,111, "Wig;+tr„r. ter ttr" fetal Ihr ',\ t ,
(' OF TAGS, !V•W1V \IF:S1- a loll•nutlul of fl• e poll Iem'. ,.I,,I P111! fir,olnnr f;,,nn Fun,t a: n
CO:f`; t _ " \ 11•,trm7 ill.,.,t 11111\ het.;r ,1.:1
5r•rI 11111. 1. Thaf If4, '4 n( f I'l 1,�,)pal. „f n r nr t Co. addlt tonal aw•
nlrlman•e No, :\q•1 '��rh#TP h t, sha.l hr puhll,nrd to a t.'••
a lllrltllyd to frart: paprr of y;ry r•;I I r u'ru all"ll 'n '1'111% h„nd Ic laaur�i (nt t I. r
•.`rr'ed 3. 'am: h,IlldX "f ,;rill lJ,r Tn••" 11` Tan, AI fell"I ihoh $ t•orpncr of ;n rpAr:''� Aril:l le,.
ill:. e"nct l'll I.11I:z A14(
13fe1 do\, plln; 1" the •1•tr u( 1P• \Irpmli F'nrllllarc n• Iltr Ton r.
sel ter Shall h(,at' (late A, of ,\t"11 dr11,ph..
1, 1`•4ir" volm•1Xt for t\,PIIty' ,_U) 5('111,q, '1't1A1 5rrllntt F 11f (I,, "ran, New ?.ir•,l,n, A•,,, It
bnnrls In the dennmllurtlntl of $. n, X11!,•1 rmmplfAncP %-
III,Mb, rfittrut" N(.. ;,14 be antrra.1,11 ln. tlh Ihr Co.,
-4t1IMbered from 1 rrart• luufu'n 1111( IAI,s of the stair u'
to 30, b 111CLUBLVe, and matur- ~11'11111 f; TI,r said howl% I.,ul ,r+ �Ir,fr•n
Ing In ;Wt, 11Uly1eP1C11' Order, (,"u ,1111- II1P1'el„ atlarlted %hall hr-$ ! if Ic ItMnc� r•rl Ilfleft That a;:
55,0(1n.0(t;Ott;fl .141;day of�•prll in 1 !, rnnrl;ttnns. al'r,
'each of thhe years 167 through it su hslAnllali>' the full+k lit; I i n^rl rlt 11lc, Ir-
197R, IneltlfdVe, and ESO,Ol1tl(t>n on f"tttl It utrerl by Utr e (or iltutlorl And
the 1St da of April it1:eP h.nf the (Form of Rundl lo\cs of the StAtr of New \11,1,•11
It c\Icl, im hAtr htl ppen rd 11110 to
ye, 1 rxrrF;n �'I'A'I'h:• 111' \III:ItII'.1 hACP hero terfor'med. plvcrrlent
years 1977 through 19R7, �ntills ve, ST.1Tf: Ili' NE,W tlMil 0
and hearing Interest ill the rete to and In I e Icsunnrr of fill,
or ON"' poll' rent 1 It,, 1 per Annum T(1N'\'1111' 'f.\11K, Nf:11' \il•:XI('(►
AIR ORT Rt'VENUE R11NIIG band, r`;ht, ltrn'P happened, nnri
b>' coupons designated "A' un Sf;ltIi:S AI'RI1, I, iPGR IhV I hren ioolld"re,?, And that
S:r.rin(Ifill Ihr ISSIIC of hand, 11If \,hlch 1h1c
n'•nus Matln'InF AIn'll 1. 191;7, to \n. Is rinr Is \kithul (,,cry llntltatlnr,
Anil Inf-Ill g .\1,111 1. 1196 ;IUrI B� The Till, 11f 'fans, 111 Ihr ('u I t,rrsrrlhed by the CnnstllliHon ni,rf
11nrrnst ;It ihr Inlr III fI\P Rnl ty of Tans, Stale or �r,k >te.\Ir•n, IAw+s of :•1111 State,
I,nr-Iluartrr Ilrr refit (3•:,1,1 nn firrebc n,'kru\\ledges Its lnrlehlrd• IN \\'17.\1:55 \\'HERNOF, the
lls maturing ,\ ,1111 ]. 11177, to 11PS5. And ror \',,file rrceItpit To\,n 111 n';,.s, New \1eVrn, has
an11 Including .\III 1 1. MST, plus prl+nit,rs In pay to file hrarer nil r;nlsrvl thl, hind 111 be, ,Ignrd W.
adrlltlon;ll Intcrrst b} coupons des. the ]It (IA'. of Apr11. A.D. 19--, Its Ma yor, Seated \'Ith Its rntpnr-
Ignatrd "R'. At Ihr vale of Ime the cunt of air sea.•. Affrettrrl by Its
per mill ,l, 1 tier annum for the FIVE: TIIOVSA\It DOLLARS ihr r11tllnmS hrrrto nnne\rd to
prrl,nl front .\prtl 1. 114;6, In Am'tl In Ial•ful nunlcy n.r the I'nll(,,i 1111 cit;nrd \k Ith Ihr fA(,similr %ISZ.
1, 1976. Payable 111ci11ber 1, Lr+'iI, Statcs of America, \kith utleresI halure 111 the Trion Tr(,nsurei so;
and .col-annually thereafter "I, Thereon as evidenced hi• roupnlis' of the 1st dAt of April, 1366.
rhr rlrsl dal\s of .\feet; And f)llnh- rip,0rnaled "A', from the date --Mayor
re, „f rash ye,u. heth I-IiI p I hereof ,if the rate of feel* cent (REAL)
Anri Interest pn;.ahle In la\\ftll I_ %, 1 feet, annum. togt•ther \,ItIt ATTEST:
in, V 111 the I'1111rd Stale, nr atllIII11ItaI InIPI'rst by coil• -Tfmn Cirrk
Allierice. at I h r wrwe or t h P pons d r c f g n A tell ''R" at file X,Inse•r'l In hands n1A(urinR on
Tl \.it 1'Irrk of the '1'11\\11 "f Taos, rate of one per (,rill ill,' pet' and After April 1. 1!+771
Nr,% \11,1,11. Hands noun 112 oil Annum for the prilod from Alit-it 41111""1 of "1' 1'aupnol
:+1111 ;,(ter .1pr11 1, 1!177. a,•, s;ll" 1. 191;6, In April 1. 1976. payable Coupon No
jest to prim, rerdcnlplh+n In In- scmf•Rnnunliy nn the 1st day of -scia,, Aptt1 1, 1?r,6
Ver"e nwneril•al order tell ,1,,x11 1, AI'-11 and October In cash •:rAr, (tit file {ct dAp of April. A.D
1!t7r. tend nn any intelesl ;,.,\. both prinrtpal and hder•rst beet+g 111._ Iy,unlres this 1111110 ha c
ntrllt dale thereafter AI par plus payohle upon prescnthtlnn and been called for praq er-
a prenllum of fl,e per reel'. IJ':I surrender of this bond, or the drinplu,nt, 'lie Timn or TA Os.
.r principal. Nwive of redempim„t $ prnprr rvupnll, \alihnut drdurllnnl In Ihr ('ounl\' of 1',,"s and
shall be publl,hrd In a I;e,,s- staff, of Nr\,' mvxlrp, %\ill pay
paper of felt' at the t nr rn(it inn (hare•
grnrral clrrulatln" In l's. AI the nffl<•r 11f Ihr Tmrrt, In The 1,Pn1'PI'. at Ihr of(Irr of ihr
the T,mrt ml' 'Taos At Ir,r+l thirty I'imil Trea.currl. '1'natl of Tans,
$ Tlrasurer, '0'1111X. �r\c 11es1(,n.
all drys prlol' to 11tc ,IltI, If re_ \e\\• 11e\Ico. the A;nount "how 11
drm lion." STAt „Tilt, hnnrt fs subject In poor
i' rrrlemption or Arr•il 1, 1365. and' ' hereon In Ia\kful mime\ of the
Srctinn Thal 5rrtlnn I; of rte. A11111 an\• Ilttrr•cct pAymrnl d a t r V Ited stairs nr •lmerl,-R, so?rt%-
dlnanre No. '44 he amed.l•rl to $ ATTCther'CArlet' Al tone, plus A nrrmlum from Ihr fund deslgnaled In Ihr
1'e 'rl: PETRCof rl\e per rent (31,1 of grin- 11",rid to \,hlrh tills ,ollpnn Is at-
'rertlon K '1'hr -all hot"Ie I,,,rl Olen 1.1 Inched. hriliv the srinl-Annual fit-
rnupnnc thrrer" attached -hall he P. ItPeesl (file "u 11, \!; wtl ftrtrrr'le.
ill subslantlally the (ol!,,\tIn}! $ 1`actnrnt of this h^nd And 111• IRonrl, dated April �, A.D. l9f;t;,
RC
To lerest thereon snnll he made side. be;nine No -
Form of Itond, N ly front, and Rs security' felt' such rF:o'slnttle 5lgnaluret
1 \1'1'F:11 nT%TI:S OF %mI:Itl1'.1 4oayment (here Is pledged, a slier 1'11\,n 'I'rcasurrr
l"TATE (11' NEW %IENIt(1 Ind tune), Irirnilrird as ihr "\h•, e,,lnsrr'1 In re,,it p^rte malu•utg
'IOW\ 01' 'I'.\11�. \131,. iii{11( (1' fillet llr\enu(• Fnond Fund". Intn. Ortobcl* 1, 1'176, Anri ihereAflerl
,#llfitlllt'l RI•:VE.."t'1•: BONDS I\\hlrh tire To%\n of Tans rn\Pn-i 1t'nrm of "R' lattpoto
SERIES AI•RII, 1, IpRR ants In pay from file rreenurs 111 Coupon No. _
N„ 13•,1111,00, Ihr derhed from the operation off 5r°irc \prll ), 1!11;6 f
B tt.c airport fnellltles. After pro f rtn the Isl day of \ ,
'I'll 'I',r\•n of 'I it to I''tr ('n,Irt• vision for All reaXOnable eNrensesi re,, .\ ft. 1+ • ?ell, rtlloh_
fit} of '1'A„c. I,11r of :r„ \11,1111. of operation And MRlnten 11ce. 7 Ihr '1'11•,11 of fans
r''eby aII'll" klyd •l's Its Indrhlrrf•, 111 the l'ounty n( 'ran, Anri Stair
1 s u m c suffirirnl 111 (tlsrharge• ) :of NI`\\ N1c\tr o, \•.III pay t" Ihr
I1P?c, A1:,1 foe va r,r erret,ref I \thrn due. the principal of And 1 bra rc'. Al Ihr offu'r or
pr'„rnrcrs to pas I„ tltr hrarrr art' Interrcf (,if the honds of the series; ihr 7r,,,;r
ihr 1,1 1111\ 111 Anvil, A.D. 13 of \\Itlrh tilts 1s inr. Fall holulS, TI'raILI11 Torn mf 'i'an.c, New
111P cunt "( 1111 Addill srctnrrt by a \1o�1c11. the altloGnl silo\,' horrnl
I'I\'F: T'll(tl r.1'.It nn1.i,ARS t,irdgr n( rr,rnurs 0111\10 from 111 IA%ofui n11111C' "f the I'nllrrf
cAsrllnte tars fl`.rd and rollrrt• 'States of AmerlcA. solely' from the
n la\`fill nn,r'" of Ihr I'rl'rw: fund decigttated In Ihr hood In
�t,•trc of .1 nu•rm I. „Ilh utl rl e,; fold unrlce tltr Aulhml'lly of Srr•
,I`,'I'•,•II as I,IJr•v col I.% rn.:,•,.' , 1 fit Its 1•I•:ri-1 lhrouglt 14•:41;•4 ' Which this cl'upon Is ntLu'hcd, bP-
;A.\i.1,A.. 195:4 comhllatl^n ac' trig tilt st'tnl-nnnuAl orirlltional In-
I„•,e',alit
W. , m III,, ;,tr• IPle,l duP 1111 Its Ale A,
hr,r,�, ,,I t!\r ,a•r mf Ill.,. ,, t amrndrd hy' 1.A 11'X tpr,5, ('hApl rl � I t'I R('\cnur
f:ton, It,, the relent permitted hy.' Rind, d,I!Pd Apelf 1, A.D, 1!I(i+;
lu•1 ar.n!.:n ln�rUtrr t'h Seclimi 14-4ft-lo, N.\1.S.A.. vm`i: beano,
•u •.c dr,:,;c a ' P,I IV at ! tr
Compilation (,Pocket Supplrmhnll ITor cln Ti 5tliellllrel
hntlitng herein rontalltcrl shall hr Too v. 'llralsu,rl'
"r .I. poll roll wl' tool 1'11 list I'll rd to prrcenl the Timlt iN \VIT%I•:SiS l\'lll•aIF;I't•'. 'i::
till' Illy 1.1,•,1 I(uln \ 1.,' 1 g patntrllt u( I Ctl rllna her 4'AC ad.-pled h\ ;!•,•
1. ;'+';h to .1t,;!i ?•17A „•Aire fro,, apolyln 111 the
I this hond nr the Interest thereon, arf•rr11atf\r title "r unee-L,ullh.
1111-achl,al r 11 Ihr 1'I da\• nr nay moneys of tit(, Tenon \\loch Of all Ihr ntrll)11ol„ , ! ihr It11n.,1
11,111 will 4 11 1,,,, PI "m It of 'I'I U-1rr% te( 11.1
nt'1 r;n(I,AI ; d trlolSl ne„•;; may Ile levall,' a\'Allahir fnr that 'I'„"m of '1',11•,•
? t 'nrp"se. The Town of Tnos, Ne\, INV'` \1l'.on Anri a'lel duc �-
on• :,111,• upon, tmc.rntaiu,11 nail �Alr,lro, ngfePS \kith The holder or, a111P.Alum. algwmed IW the May.
1111, 11011 „r Ili', t,nnrl. 'm• r?,e nr of caul "111\\11 and altec!(•rl h`.
11 11l"r ;!,0,11 drdu'a 'n, lhic 11 rid and \\1111 et1he and, file Clerk. sold file rt,l
IPCrI\' prl'cmt \,.hit cone hrcnmel pnlatr sea!
nt r„nAn•;r rtl,,m rrart- of said T"„11 Ifu,rd rot this 1(1111
ihP 1tn?,Irr hrrrnL Iltal li u!II kcrpl
'i'•1 :I,n1,, 'I'a,,, : •w �Ic.,,w„ And perform sit Ihr rmrnanls n( day of .tune.
the -r(If:•ar:,-e nuthorleing the 1c• API'f1O1'F_It:
rr11•'_`1,'111; \;,••, 1 Imo,, nw.,11 Sltanre 11! 1111, )),all. c Filemon 5altr'hel
"„ , an c'c•r.t ors! I ! r 11 I, r,pte,sl\' Agreed flint this �layw,r
11 1,(,,111811 ;,t ;, I. 1;c A n 6"1111 tc payahie And rnilrr'll,lp (SPA I.I
%"Irk rlon Ihr rte! Ihcomr, „f Iltr•, ATTE"I.. I
Tans Aicfenet farflillec, %,hefhrr it, F. r'Ar,•'•.r, Ib,a,
not call ra,i,iiiec nrr fittnncrrl Ind Twr•n ('Irlh
„h111r ill 11, -Ali front ihr pin.• r; "C+:I \n. :,'_. I tail JUl,r 11
..