The Redwood gazette., 1902-10-15

indebtedness, including the loan In
question, does not exceed fifteen (15)
per cent of the assessed valuation
of the taxable real property in such
municipalities: whereas. under the
existing Constitution loans are per-
mitted only where such total In
debtedness does not exceed seven
60 per cent of the assessed valu-
alton.
III.
| BY An Act of the Legislature Of the
| State of Minnesota Approved April IL,
| 1901, and known as House File NO. 5oS, II
| is proposed to Amend Section Sixteen Q6)
| of Article Nine (9) Of the Constitution.
The Section as now existing reads as
| follows:
! Section 16. For the purpose Of lending
ad b in the abd bddga2 bere IS
| hereby created a fund to be knoWn as the
state road and bridge fund.- Said fund
Sha 5he neome derived r frem in
| the internal Improvement land fund, or
! that may hereafter accrue to said fund,
! and shall also include all funds aecruing
| ever rrJVided.
The legislature is authorized to add to
| or improving roads and bridges of this
/ state. by providing, in it's discretion, for
an annual tax levy upon the property OF
! one-twentieth Q-2O) Of one % mill on all
the taxable property within the state;
The, legislature is also authorized ito to
/ ernor Of the state Of board to be known
as the state highway commission con-
stst:ng of three % members, VINO snall 1eEa
perform such duties as shall be pre-
scribed b. law, without salary or com
! pensation other than personal expenses:
Such commission shall have general su-
roads and bridges and shall use such
fund in the Construction thereof ana ana
IN the saqe dnn IN an 5he
! basis. Provided further that no
county shall receive in any year more
/ half G2) Of one a. ner cent of the, total
/ fund thus provided and expended during
such year; and provided. further, that It no
sccrung in any, year shall be s1 eXpendea ea
| for BRIDGES and in no case shall more
than one-third G-3l Of the cost of con m
structinE or Improving any road or 5r1dge
| be paid by the state from such fund
1t is proposed by said Act to amend the
same so as to read as follows:
SECTION 16 For the purpose ;e, of 1ending ing
OF public highways and bridges, there is
hereby created fund to be known as the
! State Road and Bridge Fund Said
from the interest derived from the in.
| vestments in the internal improvem ent
land fund, or that may hereafter accrue
to said fund. and shall also include az
funds accruing to any state road and
bridge fund however provided:
The legislature is authorized to add to
ing or improving roads and bridges of the
state, and providing in it's discretion for
an annual tax levy, upon the property f OF
year one-tenth 1-1O of one mill on all
the taxable property within the state.
The existing Constitution author
ICES legislatfo providing for a levy
of n state tax of 1-2O of one mill for
n
bridges. and provides for Its use
under the direction of q State High
way Commission in such counties
as shall contribute Mt least double
the amount of the State moneys ex-
pended by said Commission for such
purpose. subject also to certain
other limitations.
BY the proposed change, tax OF
1-1O of one mill fs authorized to be
levied for this purpose; the High
way Commission is abolished, and
the result. if the proposed amend
ment is adopted, will be to place
the distribution of such funds in the
hands of the Legislature, without
Limitation or restriction.
w.
BY an act of the legislature Of the State
of Minnesota. known as chapter one %
of the Laws of the Extra Session Of 1902,
it is proposed to amend sections one O,
two (2) and three (3) Of article nine (9)
of the constitution.
The sections as now existing read as
lows:
this state shall be as nearly equal as may
be, and all property on which taxes are
to be levied shall have q cash valuation,
and be equalized and uniform throughout
the s,atei provided. that the legislature
may, by general law or special act, au-
thorize municipal corporations to levy
,aVtc
the property fronting upon such improve
ments. or upon the property to be bene-
| fitted by such improvements. or both.
without regard to a cash valuation. and
, in such manner as the legislature may
prescribe; ana provided, further, that for
the purpose Of defraying the expenses OF
city cit % or municipality with water, the leg
islature may. by general OF special law
authorize any such city or municipality
having a population OF five thousand or
, more to levy an annual tax or assess
ment upon the lineal foot of all lands
fronting on any water main or water
= pipes laid by such city or municipality
within corporate limits OF said city, fol
, supplying water to the citizens thereof
without regard to the cash value Of such
:. property. and to empower such city tc
Collect any such tax assessments. or fines
or penalties for failure to pay the same
= or any fine or penalty for any violation
of the rules of such city or municipality
in regard to the use OF water, or for any
water rate due for the same.
And provided further. that there may
Z be by law levied and collected tax upor
= all inheritances. devises.. bequests. lega
cies and gifts of every kind and descrip
= ton above fixed and specified sum, OF
: any and all natural persons and corpora
- tions. Such tax above such exempted
): sum may be Uniform, or it may be grad
!: ed or progressive: but shall not exceed
2 a maximum tax of five per cent.
Sec. .. The legislature shall provide
:, for an annual tax sufficient to defray th'
= estimated (ordinaryl expenses of tn,
q state for each year: and whenever i
!, shall happen that such ordinary expense:
e OF the state for any year shall exceed
u the income Of the state for such year
5 the legislature shall provide for levyint
3 tax for the ensuing year sufficient
with other sources of income, to pay tn,
deficiency of the preceding year. togethe
e with the estimated expenses of such en-
=, suing year.
d Sec 5 Laws shall be passed taxinr
+, all moneys. credits. investments in bonds
u stocks. joint stock companies, or other
g wise: and also all real and persona! prop
- errv. according to Its true value IL
II money: but public burying grounds pub
:. lie schoolhouses. public hospitals. acad
It emies. colleges. universities and all semi
= Of learning all churches