Daily Arizona silver belt., 1909-03-23
CITY OF GLOBE RESOLUTION No. 25

Y A SPECIAL ELECTION ON THE
 PROPOSITIONS OF ISSUING THE NEGOTIABLE COUPON BONDS OF THE CITY OF GLOBE. GILA COUNTY, ARIZONA TERRITORY. FOR THE PURPOSE OF PROVID- ING FUNDS FOR THE PURCHASE
 AND CONSTRUCTION OF WATER, WORKS AND FOR THE CON
 SEDUCTION OF SEWERS IN AND FOR SAID CITY:
 WHEREAS, 1t is the general con sensus of opinion that it would be to tho best interest of the City of Globe, Gila County, Arizona Territory, for said City to purchase and operate the exist ing waterworks plant in said City, and construct additional waterworks by way of the enlargement and extension of said plant, in order to properly provide an adequate supply of water in and for said City; and,
 WHEREAS, said existing waterworks plant can be purchased for the sum of $160,O00.00 and as shown by the plans specifications and estimates submitted to the Common Council of said City the additional waterworl,s construction will cost approximately the sum of 100000; and,
 WHEREAS, said city is without any adequate means of disposing of its sew age, and the necessity of ecnstrue ting sewers for said purpose has become UT. gent; and
 WHEREAS, according to plans, spec ifications and estimate submitted to the Common Council of said City, said of $75,000; and,
 WHEREAS, in order to provide the necessary funds for the acquisition and construction of said waterworks and for the construction of said sewers, it is deemed expedient and necessary for the city to borrow money and issne it's negotiable coupon bonds to said respec- tive amounts of $200,o00 for water. works and $75,O00 for sewers; and, WHEREAS, the said City of Globe, is lawfully chartered municipal cor poration in said Territory of Arizona, and has bona fde population of l2,Ooo persons, as shown by the last regular school census taken on the 1st day of May, 1908, and said City has full au, thority to issue the bonds aforesaid under the provisions of an Act of Con gress of the United States, approved March 4th, 1898, entitled "An Act to amend an Act to prohibit the passage of local or special laws in the territor- ies, to limit territorial indebtedness, and so forth''
 NOW, THEREFORE, BE IT RE SOLVED BY the Mayor and Common Council of the City of Globe, Arizona Territory:
 SEC. 1, That special election be and the same is hereby called, to be held in said city on the l4th day of April, 1909, for the purpose of submitting to the qualified voters of said City, as defned by the Act of Congress men toned in the preamble hereof the fol- lowing propositions;
 FIRST: Shall the City of Globe, Gila County, Arizona Territory borrow the sun of $2o0,0O000, and issue it's nc. gotiablc coupon bonds therefor for the purpose of acquiring the existing water works plant and constructing additional waterworks in and for said City; of which sum $l60,00o.00 is to be expend- ed for the purchase of said existing waterworks plant and not exceeding the sum of $40,0O000 is to be expend- cd for said additional waterworks con struction.
 SECOND: Shall the City of Globe, Gila County, Arizona Territory, borrow the sum of $75,0o0oo, and issue it's ne gotiable coupon bonds therefor for the purpose of constructing sewers in and for said City.