The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1909-10-08

A
the LAST preceding city assessment. to-
wit: the assessment for the year 1905,
is the value Of $s,0se.62T.00, and
Whereas. the total outstanding I'm
paid Indebtedness 81 the City OF Far
go is the Dum OF s12A00000. incurred
for the following purposes and pay
able as follows. to-wit:
Water Works Bonds. due No
| vember LIST, 1911 ........,.s40.00 10000
Refunding Bonds. due De-
cember 1st, 1919 .......... 100000
Water and Sewer Bonds, due
November 18th. 1915 80. 100000
Refunding Bonds, due June
1st 1924 =. ............ 100000
Water and Steam Company
Bonds. assumed, due JAM
uary 1st, 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 100000 to apply on the payment
and discharge OF the above enumer-
ated outstanding Indebtedness when
the same rhall become due. and
Whereas, Under and by virtue OF
the provisions of subdivision of Sec
ton 1878 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 "a ~er cent of
such preceding last assessed value of
the taxable property in the city, for
the purpose OF constructing water
works for furnishing 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 a new combination
Water Works Pumping Station and
Filtration Plant Is within the four "a
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 THE 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 10 the legal
voters OF the City OF Fargo,
the question, whether or not SIXTY
FIVE THOUSAND DOLLARS, OF
bonds OF the City OF Fargo. 70 bear
interest payable emi-annuaIly, and to
mature as follows, to-wit:
100000 thereof in 1--WE years from
date of issue;
S2O,000.00 thereof in ten years from
date OF issue; and
S25,000.00 residue thereof In fifteen
years from date OF issue, shall be is
sued by the City of Fargo for the spe-
cial purpose of paying the cost OF
building and constructing a new com
bination Water Works Pumping Sta
ton and Filtration Plant in the City
OF Fargo and installing therein all
necessary new pumps, machinery and
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 against
the property along the route of such
proposed new water main specially
benefited by the construction thereof.
for furnishing to the Inhabitants OF
the City OF Fargo a supply OF water:
That the City Auditor be. and he
Is hereby directed to give notice that
such special election will be held for
the purpose OF submitting TO the legal
voters Of the City of Fargo the cues
Wv rvrv
amount Tor the special purpose afore-
SAID snail be Issued. by the publica-
ton OF this resolution In the official
newspaper OF the City OF Fargo and
ALSO In the Fargo Forum and Daily
republican for twenty days next pre-
seding the day OF such special election
Is provided by law"
offered by Alderman T. r. Powers.
Passed October Ath, 1909.
Approved October 9Th, 1903.
p. ELLIOTT,
Mayor.
ATTEST:
n. G. MORGAN,
City Auditor.
I6EAL.)
State Of North Dakota, County of Cass.
City or Fargo.--ss.
= tHS Undersigned, Auditor OF said
City OF Fargo. do hereby Certify. that
he above Ia a correct copy. and the
whole thereof Of a resolution which
vas adopted by the City Council of
said City Of Fargo. at meeting of that
body held on the 4th day OF October,
-9Os, as the same remains on file and
VI record I'm my Office.
In witness whereof have hereunto
Jet my hand and the seal of the city
II Fargo. this 9Th day OF October.
909
seal) NJ c. MORGAN.
City Auditor.
ID Oct. to 25. 1e0s.l