The Weiser signal. [volume] (Weiser, Idaho) 1890-1904, 1904-02-03
Ordinance No. 80.


Electors. who are tax payers thereof.
the Questions of the Issuance of Mu-
nicipal coupon bondsof said City In the
total amount of Eight Thousand Two
Hundred Dollars (S8200 00) for the fol-
lowing Purposes, to-wit:- 100000 10
provide the funds necessary to pay the
cost assessed against the City of
Weiser for the expense Of all improve
ments in spaces formed by the junction
of all streets and all necessary street
and alley crossings, for the purchase OF
all materials and for the construction
and maintenance of sewerage system
il Local Sewerage Improvement Dis
trict No II of the City of Weiser;
$4,000 90 bonds to provide for the fund
ing. purchase and redeeming certain
created. existing and outstanding in
debtedness of the City of Weser
amounting to the sum of 100000 due
and payable out of the Water and
Light Fund OF said City; and to pro-
vide for the collection of an annual
tax upon all the taxable property with
in the City of Welser Idaho, sufficient
10 pay the interest on such bonds as IL
falls due and to create and constitute
sinking fund for the payment of the
principal thereof within 20 years from
biic tliiit vi btC looudnOt VI biAC bdmC 40
they become due.
Be it Ordained by the Mayor and
Council of the City of Weiser.
SECTION /. That special election of
the qualified electors, who are tax payers
thereof of the City of Welser, State of
Idaho. shall be held therein on the 18th
day of February, 1904 for the purpose
of submitting TO the said electors the
questions of the issuance OF by said City
of municipal coupon'bonds, in denomiDa-
tions of 800, $500, ard $1,000 each, pay
able within 20 years from the date of issu
ance. redeemable at the pleasure of said
City at any time after the expiration of
lOyears, bearing interest at Il rate not to |
exceed six per centum per annum. interest |
payable semi-annually, in an amount In |
the aggregate not 10 exceed the sum of |
$4,000 90, and to provide for the levy and |
collection of an annual tax upon all the
taxable property in the City of Weiser
sufficient to pay the interest upon said
bonds as it falls due and TO create and
constitute sinking fund for the pay
ment at any time after 10 years of the
principal OF said bonds as they respective
ly become due, for the following des-
cribed purposes to-wit:
First Municipal coupon bonds to the
amount OF 5000 to be designated as
Sewer Bonds" to provide the funds
necessary 10 pay tne cost assessed
against the CITY Of Weser, in Ordinance
No. 81 of said City, for the expense Of all
improvements In spaces formed by the
Junction OF an sereets' ana an necessary
ssreet ana alley crossings. Tor tne pur-
'hhse OF all materials ana Ior tne con-
ssrnc'lon ana maintenance oil complete
suu necessary sewerage system 10 Local
oewerage Improvement Distrlct NO.
~ ,ns SieN OF " elser, tue boundaries OF
"n,o ~ uis'r'c. are minu,ely sek,.iortn In
saiu Vfulnance no. o. OF said CITY which
= hereby re'erreo 10 'unu mace part
hereof -
oeconu-- NJ unlcspai coupon ponds TO be
Nnowu as ruunuing bonos 70 me ,
s'Ioune VI ooyoo.Vo 10 proVlce LOT the
ts u'ie,ns' pu'eii"se anu reoeenilng OF the
o''u ,nt o.e"seu' eAiseinB anu oqtstanu-
~ ~ NY unpaiu ,nueo'eahess Oh tne City
~ y ISL, W.. Ioreiano oenerai Eleotrlc
70 = ior maeerlals ana supplies, x69O' 90; Q
faclno Electric 20, for materials and
ssupp'es' soaz. S5; Northwest OIL Il Paint {
20, lor OH $40 w; freight on materials 4
snu supplies @of w; SS0. % due IL w.
y CUMMINGS, consulting engineer OF the
guy OF Welser; S544o 10 balance due J
Z; nite contractor, Tor materials fur
1lsneo ~ ana the construction of the
" a'er ana Lignt system OF the City OF
Y elser. making total amount due and :
outstanding against said City of $4,000 90
W OF wnich sum was contracted during Q
'nc Near inst past is due and payablel r
,suot OF the " ater ana Light Fund of said :
ivy IA wnich fund there are no moneys !
S,sh wuicn 10 pay SAID Indebtedness. IN
oaio oonas' or any oil them, II author
Neo oy, the vote Oh the qualified electors. 7
sho are taxpayers thereof, shall be pay.
,o'e ~ years from Their date OF issue, but
I os r rsi at the pleasure of 0
ne said City OF Weiser. at any time after =
ne expiration OF ~ years from the date
! salu issuance ana each bond shall be :
eoeemeu IN the order 1T is numbered 4
alo bonds shall bear interest at rate
OF 10 exceed SIX per centum per annum. II
n IA.