Daily Arizona silver belt., 1909-03-20

CITY OF GLOBE
 RESOLUTION No. 25 A RESOLUTION PROVIDING FOR
 THE CALLING AND HOLDING OF
 A SPECIAL ELECTION ON THE
 PROPOSITIONS OF ISSUING THE
 NEGOTIABLE COUPON BONDS OF
 THE CITY OF GLOBE, CHA
 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, it is the general con sensus of opinion that it would be to the 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,oo0.00 and as shown by the plans specifications and estimates submitted to tho Common Council of said City the additional waterworks construction will cost approximately the sum of SAG, ,000.00; and,
 WHEREAS, said city is without any adequate means of disposing of it's sew age, and the necessity of constructing 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 sewers can be constructed at a cost of s75,000; 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 $200,00O for water. works and $75,000 for sewers; and,
 WHEREAS, the said City of Globe, is lawfully chartered municipal cor poration in said Territory of Arizona, and has bona fide population of 12,OO0 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. l. That special election be and the same is hereby called, to be held in said city on the 14th day of April, 1909, for the purpose of submitting to the qualified voters of said City, as defined by the Act of Congress men, toned in the preamble hereof, the fol lowing propositions:
 FTRST Shall the City of Globe, Gila County, Arizona Territory borrow the sum of $200,0OO.oO, and issue it's ne- gotiable 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,O0o.0o is to be expend- ed for the purchase of said existing waterworks plant and not exceeding the sum of $4o,0OO.0O is to be expend- ed for said additional waterworks con struction.
 SECOND: Shall the City of Globe, Sila County, Arizona Territory, borrow the sum of 100000, and issue it's ne gotj4ble coupon bonds therefor for the purpose of constructing sewers in and f,r said City.