Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1901-02-07

all taxes that may be legally levied
and assessed on said property on &C.
count of Improvements made by said
company, its successor or assigns
during said period of five years, said
period of five years commencing with
the first years taxes that may be
| legally levied and assessed on said
property after the first day of Jan.
uary, 1902, and
WHEREAS, Ne1s Johnson and J. D.
Witter, together with certain other
persons, contemplate the form alton
and rganization of a corporation,
the business and purpose of which
shall be the building, erection, con.
struction and operation of a power
house, paper mill and pulp mill, to be
run and operated in connection with
said dam within the corporate limits
of the city of Grand Rapids, at a cost
of from at least two hundred thou
sand to two hundred and fifty thou
sand dollars, together with various
other improvements designed TO pro-
| mote the development and utilization
of said waterpower, provided; the
common council of said city will pass
| an ordinance or resolution, agreeing
| on its part that the said city, by and
through it's said common council, will
annually remit, for a period of five
years, such portion of the taxes as
| may be legally levied and assessed on
said power house, paper mill and pulp
| MILL ano all real estate necessarily
| used in connection Herewith and
| owned by said proposed corporation,
| it's successors and ASST gins as shall be
in excess of what the taxes would be
during each of said five years if based
upon the assessed valuation of said
real estate for the year 1900, intending
| hereby that the said city, by and
through it's said common council, will
| annually remit any and all taxes that
may be legally levied and assessed on
said real estate on account of the inn
provements made thereon by the said
proposed corporation, it's successors or
| assigns, during said period of five
years commencing with the first Years
taxes that may be legally levied and
| assessed on said property after the
first day of January, 1902.
1t being understood that no exemp-
| ton from taxation of any personal
property which said corporation may
| own and which personal property is
properly taxable in said city in re.
quested herein.
We, therefore, believing that the
benefits to be derived and received by
us individually from the increased
value of all property in the city and
the additional commercial and indus
trial facilities resulting therefornl will
fully compensate us and will promote
the best interests of our city, most
respectfully petition and request your
honorable body to adopt such order,
resolution or ordinance as will most
etfectually secure the exemption from
taxation of said real estate above
mentioned for said period of five
years.
The following resolution was offered
by Alderman Schnable:
Be it resolved, that the prayer of
said petitioners be and the same
hereby is granted and that that pOr-
tion Of the taxes which may be legally
levied and assessed for period of five
years from and after the first day of
January, 1902, against said dam and
all other real estate owned and used
| by said Consolidated Water Power
company, it's successors or assigns in
| the improvement and development of
said water power, as shall be in excess
| Of what the taxes each of said wears
would be if based upon the assessed
valuation for the year 1900, be and the
same are hereby RENTED and can.
celled, and
1t is further resolved that that
portion of the taxes which may be
legally levied and assessed for period
of five years from and after the first
day of January, 1902, against the
power house, paper mill and pulp mill
and all other real estate necessarily
used in connection Herewith owned
| by said proposed corporation to be or
ganized by the said Nels Johnson and
| j. d. Witter and other persons as
| aforesaid its successors Or assigns, as
shall be in excess of what the taxes
| thereon during each of said wears
would be if based upon the assessed
valuation of said real estate for the
| year 1900, be and the same are hereby
RENTED and cancelled.
Moved and carried that the petition
| and resolution be referred to a COM
| mlttee OF three to be appointed by the
chair to investigate and report on the
same at the next meeting of the cOun-
Gil. Reiland, Rossier and Boles were
appointed as such committee and the
| city attorney was requested to act
with them.
Moved and carried that when the
council adjourn, it adjourn to next
| Tuesday evening, February 18th.
Moved and carried that Mr.. d. D.
Conway have permission to withdraw
the above petition providing he file a
copy Of same with the committee to-
morrow.
Moved and carried that the council
rebate the tax on the real estate or
mill property and site of the Grand
| Rapids Lumber Co. as per exemption
given said company by the council OF
the city of Centrali2, with the under
standing and agreement between the
Grand Rapids Lumber Co. and the
council that said lumber company paw
their tax on all their real estate and
personal property in the future and
that none OF said tax be related.
Ordinance No. 70 amending ordi.
nance No. 50 relating to the water
works and electric light, was present.
ed and unanimously adopted. ut
may be seen in legal form.
| Under suspension of the rules the
following bills were allowed:
E. a. Upham, recording deed S Il
A. l.. Fountain, printing 81 &C
Ed. PhilleO, sewer plans. TAX
ing levels, etc. los OF
f. j. Wood, repairs paid for
library rooms, Gitchell &
Lubbock 3 ):
B. Metzgar, repairs to stone
truck and pillow , q
J. +. Moore, repairs on tools 1: