The Weiser signal. [volume] (Weiser, Idaho) 1890-1904, 1902-07-09
ORDINANCES NO. 62.

An ordinance TO provide for the holding OF \
special election in the City Of Weiser, Idaho,
Tor the purpose OF submitting to the qualified
electors who are tax payers thereof the cues
lions OF the issuance OF municipal coupon bonds
for the following purposes .to-wit: $50 500 90
bonds to provide for the purchase OF and con-
struction OF necessary system Of municipal
water works, buildings and building sites AID
to supply the same with water for municipal
lire protection, domestic, commercial and sani-
tary purposes and uses by the city and inhabit-
ants thereof SS, 10000 bonds to provide for the
purchase and construction OF system OF cleo
trio lights for the streets. public buildings and
public grounds OF said City and for domestic and
commercial purposes by the inhabitants thereof;
sSOOOO bonds to provide for the establishment
equipment and maintenance Of a fire depart
ment and for the purchase OF suitable and nee
essary apparatus buildings and building sites
Tor the use thereof; and to provide for the col
lection OF an annual tax upon all the taxable
property within the City OF Weiser Idaho
suficient to pay the interest on said bonds as II
ialls due and to create and constitute o sinking
iund Tor the payment OF the principal thereof
within ~ years from the time Of the Issuance OF
the same as they become due.
BE 1t ordained by the Mayor and Council OF
| the City Of Weiser:
SECTION |. That a special election of the
qusilned electors who are taxpayers thereof, OF
on the 3lst day OF July, 1902. for the purpose OF
submitting to the said electors the question OF
the issuance by said city OF municipal coupon
bonds. in denominations OF 500 $500 and $1,000 90
| each. payable within 20 years from date of issu-
ance, redeemabe at the pleasure OF said City at
any time after the expiration OF ten years bear
ing interest at rate not to exceed per centum
per snnum, interest payable semf-annually
IN an amount in the aggregate not to exceed the
sum OF $40, 600 0Oand to provide for the levy and
collection OF an annual tax upon all the taxable
property OF the City of Weiser sufficient to DAY
the interest upon sadbonds as It falls due and to
create and constitute sinking fund for the pay-
ment At any time after ten years OF the princ-
pal of said bonds as they respectively become
due. for the following described purposes, towit:
lst Municipal coupon bonds to the amount
OF sSsbOOO 10 to bedesignated as Water Works
Bonds" to provide for the purchase OF all ma
terial necessary and for the construction OF and
maintenance OF complete and necessary system
OF municipal water works, buildings and build
ing sites and to supply the same with water
for municipal. FIRE protection, domestic. COM
mercial and!sa ntary purposes and uses by the
City OF Weiser and by the inhabitants thereof
End. Municipal coupon bonds to the amount
OF 1880 90 to be designated as Electric Light
Bonds" to provide for the purchase Of all neces-
sary material and the construction OF q COM
plete system OF electric lighting for the streets
public buildings and public grounds OF said
City and for domestic and commercial purposes
by the inhabitants thereof.
3rd Municipal coupon bonds to the amount
OF 95OO0OO to be designated as Fire Department
Bonds to provide for the estab lishment euuip-
ment and maintenance OF = fire department md
Ior the purchase OF suitable and necessary APP
paratus, buildings and building sites for the nae
ana maintenance thereof in said City.
SAID bonds, or any OF them, II authorized by
vote OF the qualified electors who are tax pay
thereof, shall be payable 20 years from their
date oftssue but shall be redeemab BILE at the pleas
ure OF the said City OF Weiser any time AVER the
expiration OF 10 years from the date of said is
sunnce and each bond shall be redeemed in the
order 1t is numbered. Said bonds shall bear in
terest at "A rate not to exceed per centum per IN
mum Interest pay able semi-annually and shall in
all respects comply in form and issuan wi m tha
provisions Of an Act OF the Legislature of Idaho
entitled, IAN act to provide for the issue and
sale oil municipal coupon bonds, by incorporated
cities and towns; for the application of thr
funds derived from the sale thereof: and To nroe
vide for the payment OF the principal and in
.erest thereon; passed ana approved at the 9Th
session Of said legislature in the year 1899. and
contained in Sections 1887 to I945 inclusive of
the Political Code OF Idaho, edition of 1901.
skcrIoN2 In order to provide for the nav
ment OF the interest on such of SAID bonds as
are authorized to be issued at the cleo
ton herein provided for and 10 con-
sttute sinking fund for the payment
S al the principal thereof at maturity, a
ulrect tax, IN addition to all other city taxes
shall be annually levied and collected on All Of
the taxable property in the said City OF Weiser
sumcieut to meet the interest on all of such
bonds as may be issued and outsta pdipg from
time to time, promptly as the same ma tnres
and also sufficient to establish and maintain q
sinking fund which shall be sufficient to nav ali
ponds called In after 10 years and before the ma
turty thereof and also to promptly NEE the M
ment OF the principal OF all bonds outstandipnp
at their maturity.
SECTION 3. IT least 30 DAYS notice ~ tho
time of said special election is hereby diractaS
10 o, oe given by publication in the "weiser Sig
mar and the .'Weiser World, two weekly news
papers published in the said City Of
weiser and OF general circulation therein. and
sald election shall be conducted in ac
cordance with the Ordinances of said Citv and
tne laws OF the State of Idaho in such cases
made and provided S" 0Ases
SECTION l. The voting at said election shall
oe by ballot. and the ballots shall be SO prenared
as 70 permit the electors to express their desires
on the issue OF each OF the said three classes
pl DonaS separately. Such form of ballot shall
LIST roposition-ss3, 10000. Water Works Bonds
IN FAVOR Of issuing bonds to the
amount OF tSS, 800 90 to provide for =
the purchase Of all material neces- Nj
sary and for the construction OF and
maintenance OF complete and ~
necessary system OF municipal
water works. buildings and building sites ma
70 supply the same with water for municipal