The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1909-10-23


whereas, The taxable property II
the city OF Fargo, as determined b
the last preceding city assessment, to-
wit: the assessment for the year 1908
Is the value Of $6,0s9,627.0O, and
whereas, the total outstanding un,
paid Indebtedness of the City of Far.
20 is the sum Of $124,000O0, incurrec
for the following purposes and pay,
able as follows, to-wit:
water Works Bonds. due Mo-
vember list, 1911 ........ SAC, 000. O(
Refunding Bonds, due De-
cember 1sI, 1913 ......... $4,000. O(
water and Sewer Bonds, due
November 18th, 1915 49,. 10000. OC
Refunding Bonds, due June
1st 1924 =. ............. 100000
Water and 1team Company
Bonds assumed, due jan
uary LIST, 1911 -. ......... 100000
Whereas. There is now on hand In
cash in the treasury Of the City OF
Fargo, In the Sinking Fund, the sum
OF s47,000.00 to apply on the payment
and discharge Of the above enumer-
ated outstanding Indebtedness when
the same rhalI become due, and
Whereas, Under and by virtue OF
the provisions Of sub division of Sec
tion 2678 of Article 4 Of Chapter 80 OF
the Revised Codes Of North Dakota
1905, the City of Fargo, when author
ICED by majority vote at a general
or special election at which the ques.
ton Is submitted to the legal voters,
may become indebted in an amount
not exceeding four (4l ~er cent OF
such preceding last assessed value OF
the taxable property in the city, for
the purpose Of constructing water
works for furnishing a water supply
to the inhabitants of the city, without
regard to the existing Indebtedness Of
the city, and
Whereas, The proposed bond issue
for the special purpose Of building
and constructing new combination
Water Works Pumping Station and
Filtration Plant Is within the four ca
per cent limit on the value Of the tax
able property In the City Of Fargo. as
shown by the last preceding city as
sessment, to-wit: the assessment for
the year 1908.
NOW THEREFORE,. BE TT RE-
SOLVED BY THO CITY COUNCIL
OF THE CITY OF FARGO: That a
special election be called to be held
on Tuesday. the 2sth day OF October.
A. D., 1909. at which special election
there shall be submitted to the legal
voters of the City OF Fargo.
the question, whether or not SIXTY
FIVE THOUSAND DOLLARS, OF
bonds OF the City OF Fargo, to bear
a.
mature as follows, to-wit:
$40, 100000 thereof in Ave years from
date OF issue:
100000 thereof in ten years from
date of issue; and
$25,00000 residue thereof in fifteen
years from date of Issue. shall be is
sued by the City Of Fargo for the spe-
cial purpose oe paying the cost oi
building and constructing new COM
bination Water Works Pumping Sta
ton and Filtration Plant in the City
of Fargo and installing therein al
necessary new pumps. machinery anC
appliances for operating the same and
such portion of the cost OF constructing
a new water main of sufficient capacity
to connect the proposed new plant
with the present Water Works Sys-
tenn OF the city, over and above such
part OF the cost of such new water
main as can be legally assessed againsi
the property along the route Of sucl
proposed new water main specially
BENEFITED by the construction thereof
for furnishing to the inhabitants o
the City OF Fargo a supply of water
That the City Auditor, be. and hi
is hereby directed TO give notice tina
such special election will be held To-
the purpose OF, submitting to the lega
voters of the city OF Fargo the ques,
ton. whether or not, bonds. in the saiC
amount for the special purpose afore
said, shall be issued, by the publica
ton OF this resolution in the officia
Newspaper of the City Of Fargo an
also In the Fargo Forum and Dali,
Republican for twenty days next pre-
ceding the day Of such special election
as provided by law"
Ofrered by Alderman T. F. Powers.
Passed October 4th, 1909.
Approved October 6th, 1909.
p. ELLIOTT,
Mayor.
ATTEST:
N. c. MORGAN,
City Auditor.
(SEAI.)
state of North Dakota, County OF Cas-
City of Fargo.--ss.
/, the undersigned. Auditor OF sal
City of Fargo, do hereby Certify, ths
the above is a correct copy, and tn
whole thereof Of a resolution whic
was adopted by the City Council {
said City OF Fargo, at meeting OF this
bofv held on the Attn day of Octobe
1903, as the same remains on ME an
OF record in my office.
In witness whereof have hereunt
set my hand and the seal OF the Cit
or Fargo, this 9Th day OF Octobe
1909.
Iseall N. c. MORGAN.