Missouri Valley times. [volume] (Missouri Valley, Iowa) 1874-1931, 1907-10-17
Council Proceedings

and was called border by Mayor With (
row.
Officers present as follows. to-wit:
w III Withrow, mayor, Frank Tamisiea,
city clerk CIV kellogg, city attorney.
Councilmen present, Eli Watki $.
Geo. III Williams. DIR. l. Tamisiea, I
NJ Gilmore, Geo. l. Colver and B l.eet. :
Moved by Gilmore and seconded by
Tamisiea that the water commissioner
be instructed to place the water mains
on Linn street. between 4th and 9Th
streets, at a depth not exceeding eight
feet. Motion carried.
Moved by Tamis'e ca and seconded by
Gilmore that the committee on ordi-
nances and the city attorney be author
lied and instructed to meet with the
Joint boards Of supervisors OF Harrison
and Pottawattamie counties drainage
district, with reference to taking up the
matter of reopening the Newton ditch
into the Willow Creek Ditch" Motion
carried.
Moved by Gilmore and seconded by
, Tamisiea that the following resolution
be adopted:
Resolution for Bond Issue
| Whereas certain Indebtedness existed
in the general fund Of the city OF Mis-
souri, Valley, Iowa, at the beginning of
tho present fiscal year.
Said indebtedness consisting Of war
y rants issued upon said general fund and
!. not paid for want of funds.
ST. And whereas. the interest ON SAID
4 warrants. together with tie principal
/. Therefore, amounts nov To about Ten
lThousand, (SlO, 0OO. OOl dollars, and no
provision having been made by the city
council for the payment OF said war
rants except by issuing municipal bonds
therefore.
! rhcrcfyrc. BE it resolved by the city
||council ot ihe city Of Missouri Valley
Iowa. that bonds of SAID city he issue
in the suln Of Ten 1hons and i%SlD.OlO.N0
' dollais for the purpose Of paving tht
sail existing Indebtedness of said cit.
Lin its general fund.
Sad bonds t. draw interest at tn
Y rate Of six per cent Ter annum ircn
date. payable scmi-annuallv.
Both principal and interest payabl
s at the office of the treasurer OF said Gil
~ in Missouri Valley. Iowa.
= Said bonds to he issued in tie sum {
n L.. ,n ~ ...l, sal .J,,lI J.,rI.,,n ,1,,. pn
payable IS follnNs: One bond on Ma
first, 1000. ono bond on November frs
n tyJo, and one bond ON each first day {
q May and November Of each year 70
Ito wing until all nave been paid
%. The city rcscrving the option of pa,
inu one or more bonds at my Dor
m paving rate.
-, Said bonds TO be exchanged by u
city treasurer of said city on the be
y available terms, and for not less til;
!" their face value and all interest q
cumulatcl at the date of sale. or c
a change for city warrants outstandl
~ Said bonds to be paid by taxes to
". levied on the taxable property of sa
w city OF Missouri Valley. Iowa, whi
ne taxes shall be levied annually bv II
q city council and collected as 9th
We taxes.
m Adopted this eth day of October. 1Dl
Sc. w. III. Withrow, Mayor.
10 Frank Tamisiea,
,e, Attest. City Clerk.
si Roll call on the atoptiono of the abo,
az, resolution resulted as follows: Wa
~ kins. yea; Tamisiea. yea; l.cet, We
Williams, yea; Gilmore, Yea; Colve
~ yea.
!" The resolution thc.cupon dccla,,
GO adopted.
ec Moved by Colvcr and seconded i
or Watkins that the following rcsoluti,
be adopted:
ne Resolution for Bond Issue
ri. Whereas, certain Indebtedness i'm ~
ri Ii ,lt fund of the city of Missouri Vale,
NJ Iowa, prior To the present fiscal year.
al Said indebtedness consisting of wa,
l,a rants issued on said light fund and N,
M paid for want of funds.
n ~
Y And whereas, said Indebtedness wit
interest accumulated thereon, 10
'oi amounts to Two Thousand Dollars {
90 more and no provision has been mad
III by the city council of the said city fe
ct the payment of said warrants.
i'll Therefore, be it resolved by the cit
is council Of the city of Missouri V lie,
Iowa, that bonds of said CITY be issue
in the sum of Two THOUSAND Dollar
for the purpose of paying the said il
Vt debtedhess If said city in its light func
Said bonds to draw interest at tn
rate of six per cent per annum fror
l. date. plyable semi annually.
r.. Both principal and interest payabl
a. at the office of the treasurer of said cit,
~ in Missouri Valley, Iowa
Said bonds to be issued in the sum q
|, Sooo.Oo each and shall become due an,
10 payable in five years from date a
- ISIS lie.
y The city reserving the right to pa,
" on or more bonds at an interest paw
= meat date.
Said bonds shall be exchanged by Tn
l. city treasurer of said city on tie hes
available terms, and for not less tina,