The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1901-04-19
CHAPTER. Us f NO ZIG.

CHAPTER 75-S. F. NO. 316.
AN ACT to provide for the construction
or purchase of bridges by ciCes hav
ing a population in excess Of $4,000
people.
Be 1t enacted by the Legisla ture 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 $1,000 according to
the last officially promulgated state or
national census, is hereby authorized and
empowered to construct a bridge across
any navigaIble 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 3 That such city is hereby au-
thorized and empowered by its COM
mon council or majority thereof
to contract on its ,behalf for the
construction of such bridge and pro-
vide for payment thereof in such in
! stallments, upon such terms and at such
times as to such common council shall
seem proper; provided that the contract
| price of such bridge shall not exceed one
! hundred thousand dollars 100000, and
| the deferred payments therefor shall not
| bear interest at q rate exceeding i've per
| cent per annum.
| Sec. 3. That such city is hereby au-
| thOr1zed and empowered by its common
council or majority thereof, to pur-
| chase any bridge that may be construct
| ed across any naVlg'able canal In such
| city, whenever the common council OF
such city, or majority thereof,
|
| pubic convenience. Said common coun-
| Gil is authorized to enter into a con-
| tract or agreement for the purchase of
such bridge before or after the conStruc-
! ton of same rs completed, provided that
| the contract price Tor the purchase of
i such bridge shall not exceed the sum of
! one hundred thousand dollars ($1O0, COO,
| nor shall the deferred payments thereof
| bear interest at a rate exceeding five per
| cent per annum Provided further, that
| If there is any encumbrance upon such
| Shall
! to purchase same if incumbrance ex-
| ceeds one hundred Thousand dollars
ceeding five per cent per annurn, and the
! total purchase price, including all i'm
cumbrance, shall not exceed 100000.
| Sec. 4. The Indebtedness to the amount
| CURED by such city in the construction
| Or purchase or any such bridge, shall
not be deemed any part of the Indebted
| ness of such city for the purpose Of
| ascertaining whether the limitation of
indebtedness of such city has been
| reached.
Sec. 5. Before any such city shall pur-
chase or construct any such bridge as
hereinbefore provided for, the common
council of such city shall, by resolution
passed by a majority of all the alder
men, authorize the making of a contract
or agreement for the construction or pur-
chake of such bridge as hereinbefore pro-
| V1ded for in this act, and such contract
or agreement shall be signed by the
mayor and sealed with the seal of the
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 construct
| or sell such bridge to such city. Such
city shall not under any circumstances
be authorized to issue bonds for the con-
| Struct1on 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 and
be in force from and after it's passage.
| Approved March %, 1901.