Echo de l'ouest. [volume] (Minneapolis, Minn.) 1883-1929, 1901-04-19
cuAprnp 7,-s r No ala

Approved March %, 1901.
CHAPTER 75-s. f. NO.. 316.
AN ACT to provide tor the CONSTRUCTION
ing a population in excess Of 5O,WU
people,.
Be 1t enacted by the Legislature of the
State of Minnesota:
Section l.. That any city in the State
of Minnesota. at any time having a .popu-
lation of more than $4,000 aocou'dlng to
the last officially promulgated state OF
national census, is hereby authorized and
empowered to construct a bridge across
any navigable canal in such city, when
ever the common council OF such city,
or a majority thereof, may deem the
same necessary for the public conven:
fence.
Sec. 2. That such city ts hereby au-
thorized and empowered by Its COT COM
H to coe n2a@Sfl or as It's n beHaif for III
! construction of such bridge and pro
! vdd for payment thereof In such IN.
stallments, upon such terms and at such
seem proper; provided that, the contract
price of such bridge shall not exceed one
hundred thousand dollars &1OO.0OO, anC
the deferred payments therefor shall not
bear interest at a rate exceeding five PEI
Sec. 8. That such city. is hereby au.
tho ,naf7 an and em mp os4y tb by a6s G t@ n15n[
chase any bridge that may be construct
| ed across any n%avigable canal In such
city city whenever aif1 the common On 3o2i+v COUNCIL 4bareo q
may deem the same NECESSARY for ths
public convenience. Said common
! Gil is authorized to enter into a con
tract or agreement for the purchase OF
| such bridge before or after the construc.
tion of same Is completed, provided thai
the contract price for the purchase Of
such bridge shall not exceed the sum OF
| one hundred thousand dollars $lOO,OOO
] rhor, shall tina 6aferrA6 me Thereon
bear interest at a rate exceeding live pea
cent per an1um. Provided further, tha1
If there ds any encumbrance upon suGf
] bridge said city shall not have a righ1
to purchase same If incumbrance ex
ceeds one hundred thousand dollars
($100,0OO, or ear a rate OF interest Gx
ceeding five per cent per annum and TN tn
total purchase price, including all In
curnbrance, shall not exceed 100000.
Sec. 4. The indebtedness to the anou1r
hereinbefore provided. that may be In
or purchase OF any u bridge, shal
> not be deemed n part Of the indebted
Z ness of sue city for the purpose o.
ascertaining whether the limitation o
reached.
Sec. S. Before any such city shall pur
| chase or construct any such bridge a.
h 81, nj ITO ~ Rro vide If f9T' tn the re e9mnio1
passed by a majority of all the alder
men, authorize the making Of a contrac
or agreement for the construction or pur
chase of such bridge as hereinbefore pro
vided for in this act, and such contrac
or agreement shall be signed by tn
mayor and sealed with the seal of tn
city, attested by the clerk and counter
signed by the comptroller Of such city
and also be signed by the party, partner
ship or corporation agreeing to construc
or sell such bridge to such city. sucl
be authorized to issue bonds for the con
struction or purchase of any such bridge
but the Indebtedness as herein Limited
shall be incurred in the form Of a con
tract or agreement as hereinbefore pro
vided for.
Sec. 6. This act shall take effect anu
J be in force from and after it's passage.
Approved March %, 1901.