Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1908-09-24
FILTER PLANT BONDS
Aldermen Authorize Them to the
Amount of S51, 900.
VIII Bcnr -Four per Cent. Interest md
Run Twenty Ncars-Changcs In
Charter Proposed for sake
of Uniformity.

At a epccfal meeting Of Il, board Of
aldermen. Thursday evening. a resolution
was adopted authorizing the issuance OF
bonds to the amount OF $1,000 to cover
The cost Of Installing the filtration plant
and tho payment of the judgment and
costs OF 1852 66 In the case OF Michael
and Bridget Callahan VS.. City Of Bur
lngton was also authorized. The report
of the committee on charter revision
was presented. accepted and placed on
Ale
BOND ISSUE.
The resolution authorizing the issuance
OF bonds was as follows:
Resolved by the board OF aldermen Of
the city Of Burlington ms follows: That IN
accordance with the provisions OF the
resolution adopted by the legal voters
of tho city OF Burlington on the second
day OF November. 1906 at A meeting for
the purpose duly warned, said city OF
Burlington will and does hereby pledge
the credit of said city In the sum OF
ffty-one thousand dollars 1881, 0oo) by the
issuance Of It's negotiable bonds to the
amount of said Ssh, said bonds shall
be known and he called water bonds
and shall he issued in denominations OF
ono thousand dollars $1,000 each: said
bonds shall bear date If the first day of
October los and he made payable
twenty (20) years after their date: said
bonds shall boar interest at the rate Of
four per centunI per annum. paya bic
seini-ennually, which shall be specified
IN said bonds or IN coupons thereto at
tached and said interest shall be pay
able on tho first days Of April and
October in each year. said bonds and
the interest thereon shall be made pay
able Mt tho Office OF the city treasurer
Of said Burlington: said bonds shall be
signed by the mayor. and contersigned
by the treasurer of said city of Burling
ton and have the seal OF the city affixed
thereto. att,sted by the clerk Of said
city ana tho coupors attached thereto
shall he signed ny the treasurer Of said
city: said bonds shall contain state
ment that they were issued for the
purpose Of constructing n filtration plant
to supply said city with water and i'm
prove the quality thereof, In accordance
with tho provisions o, resolution
adopted IN city meeting November 2, 1906:
and in accordance with the charter OF
HE city of Burlington.
The mayor and the treasurer ~ said
city are hereby authorized TO sell and
dispose Of said bonds-after the same
shall have been duly executed as afore
said. at not less than their par value.
and to advertise the sale thereof Il
deemed necessary reserving the right to
reject each and ali bids therefor: the
funds realized from the sale Of said
bonds to the amount Of 100 shall be
placed to the credit OF the filtration plant.
to be used for the purpose Of building
and cQuipping a filtration plant for said
city in accordance with the provision
Of said resolution adopted November ?,
1906; said bonds may be issued in either
coupon or registered form or some in
coupon and some in registered form, and
II coupon bonds are issued the treasurer
for the time being is authorized to ex-
change any sucr coupon bonds for
registered bonds of a like aggregate
principal amount or he may cancel all
unmatured interest coupons belonging TO
any coupon bond and register such
bond by endorsing thereon appropriate
provisions of registration and transfer.
The city council shall annually provide
by tax for the payment Of tbs interest
on said bonds, and for n sinking fund for
the payment of said bonds at maturity;
The city treasurer shall keep record
Of the bonds issued under this resolution,
the issuance. payment, and discharge
thereof as provided in the charter OF
said city for other bonds issued by said
city.
AS TO CHARTER REVISION,
<,l,a RIO cip n
mitted the following report:
Buringt on. Vt. Sept. IL, 1905.
To the Honorable Board OF Aldermen:
The committee appointed under resolu-
ton adopted by your honorable body tc
suggest changes in the city charter re.
specially report as follows.
We believe 1t unwise at the present
time to attempt any change IN the gen
cral plan OF the city charter. hut hav,
aimed, as far as possible, to bring about
uniformity in the workings OF the differ
ent departments under the present sys
TEN,
In the matter OF the appointment o
The members OF the different commission,
we have given the matter very careful
consideration, and while we realize tia
there are at present two methods for tn,
selection of members of the differen
commissions. We and that there Is som,
question yet IN the mind Of the genera
public as to which one OF tho method
gives the most satisfactory results. II
order to allow a further test OF each sys
TEN, We have decided TO recommend NJ
change in the method Of appointing com
missions, with the exception Of the parl
commission. In this commission W
would recommend that the mayor shall
annually appoint one member OF the par
commission. subject TO me approval O
NE board OF aldermen.
The committee also feel that II is de
Erable. far AS possible, to follow
Uniform method for the disbursement n
money from the city treasury and "
therefore recommend that the psymen
Of oil bills. with the exception Of those q
the street and school departments. whic
arc regulated by State Law, shall be pal
out OF the treasury only upon warran
signed by the mayor. and wouiu recon
mend that the different sections Of IN
charter IN conflict with this provision h
anne nded.
In She matter OF the control OF tn