Knoxville daily chronicle. [volume] (Knoxville, Tenn.) 1870-1882, 1873-05-31
ORDINANCE
For the Erection Of Water Works.

/ WHEREAs, A Special Committee of thii
Board, to whom was referred the subjec,
Of establishing Water Works by and fol
the city, after visiting the Water Works ol
other cities, by some of the Committee
and examining reports of still other cities
on the operations of their works, having
careful survey and estimates of probable
costs by skillful hydraulic engineer made
and report filed, and after an almost unan-
the enterprise, have made their report re-
commanding the erection of Water Works,
and the appropriation of $125, 10000 i'm
bonds of the city for this purpose; there
| fore, . 'se - = :.
Be n ordained by the Board of Mayor
and Aldermen of the city Of Knoruille, Z
FIRST. That, subject to the vote Of the
people, as hereinafter required, the sum of
one hundred and twenty-five thousand
dollars in bonds of the city, known as
Water Works Bonds, due in thirty years
city. payable at any time after ten years,
drawing eight per cent. interest, payable
semi-annually, as evidenced by coupons
to be attached, and in denominations of
five hundred dollars each, be and the same
is hereby appropriated, payable, either
principal or interest, as the same may fall
due, out of any monies in the Treasury not
otherwise appropriated, for the purpose Of
erecting and H carrying on BY the city, and
SECOND. Said bonds, when issued, shall
be sold or negotiated only at par, and as
fast-only as the same may be actually need
ed for Water Works purposes. Provided,
that all monies arising from said bonds, or
arising from the carrying on of said works,
shall be applied solely to Water Works
purposes and the liquidation of said bonds
until said bonds are fully paid.
THIRD. The order heretofore passed by
the Board, directing an election to be held
on the 3rd proximo, is hereby rescinded
and repealed, and the Chief Marshal, in
lieu thereof, is hereby required to open
day of June, 1878, to obtain the consent of
the qualified voters to the appropriation
of said sum of S125, O00.00 in bonds, as afore.
said, and for the purposes aforesaid, at
which election those voting for said APP
preparation will have on their tickets the
words, For Water Works." those voting
against the appropriation will have on
their tickets the words, Against Water
Works. and the Marshal will report the |
result of said election to the next meeting |
of the Board thereafter.
FOURTH Should said appropriation be |
authorized by the vote of the requisite ma |
jority of the qualified voters voting at said |
the Mayor will at once appoint a |
regular Standing Committee of Ave per.
soiIs, members Of the Board, who shall be |
styled, water Works Committee" and !
who, subject to the control of the Board,
shall take such steps as may be deemed |
best for the erection of said Weter Works |
within such time and in such manner as |
viii be most advantageous for the best |
interests of the city, and such other ac-
lion shall be taken by the Board, from
time to time, as fully to carry out the
objects and purposes for which said ap-
made.
FIFTH. That this ordinance take effect |
from and after its passage.
VIM. RULE, Mayor.
GEO. NJ. WHITE, Recorder.