§ 2. Power to Borrow Money for Payment of Cost, etc.; Issuance of Certificate of Indebtedness.

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For the purpose of paying the cost of the erection, acquisition, equipment and furnishing of such building and the cost of a site for such building, the City of Orlando is authorized to borrow money and to issue its certificates of indebtedness in such amount not greater than one million dollars ($1,000,000) as is necessary for such purpose, and is authorized to provide for the payment of said certificates of indebtedness and for the rights of the holders thereof as hereinafter provided.

(Laws of Fla. ch. 26086(1949), § 2)

                    
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