The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1910-01-17
Resolution.

Whereas Under and by virtue of
the provisions Of Sub division of sec
ton 267s OF Article of Chapter 30 of
the Revised Codes of North Dakota,
1905, when authorized by a majority
vote at any general or special election
at which the question is submitted to
the legal voters, the City Of Fargo, may
become indebted in an amount not ex-
ceeding four 90 per cent of the tax
able property therein, as determined
by the last preceding city assessment
without regard to the existing indebt-
edness of the city. and may issue its
bonds therefor, for the purpose of con-
structing water works for furnishing a
water suapIy to the inhabitants 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 taxable prop
erty i'm the city of Fargo, as shown by
the 1909 city assessment the last pre-
ceding assessment made by the said
city:
Therefore. BE 1t resolved by the
City Council of tire City OF Fargo:
That special election be called to be
held on Friday, the 2Sth day of Janu-
airy, A. ID. 1910, at which special cleo
ton there shall be submitted to the
legal voters of the City Of Fargo, the
question, whether or not. $4,000 of
bonds of the CITY of Fargo, shall be is
sued for the special purpose OF paying
the cost of building and constructing
a new combination water works, pump
ing station and filtration plant, to be
located at a point between Second ave-
nue. South and Second aventfe north.
near the business certer OF the city,
and installing therein all necessary new
pumps, machinery and appliances for
operating the same; ind to pay such
part Of the cost of constructing q new
water main of sufficient capacity to
connect the proposed new plant with
the present water works system OF the
city, over and above such part of the
cost Of such new water main as may
be lawfully assessed against the prop
erty, along the route OF such water main
specially benefited by the construction
of TIE same, for The purpose of furnish
Ing to the Inhabitants Of the City of
Fargo a water supply such bonds TO
bear interest payable semi annually,
and TO ma ure as follows, to-wit:
100000 thereof ia five years from
date OF ISSUE
100000 thereof in ten years from
date of issue; and
$25,00000 residue thereof i'm fifteen
years from date of issue;
That the City Auditor be, and he is
hereby directed to give legal notice OF
such special election by the publication
OF certified copy of this resolution
for twenty days mex preceding the day
Of such special election as provided
by Law.
Resolution proposed by Alderman
Tsbert.
Passed Jan. 3, 1910.
Approved: Jan. 4, 1910.
N. G. MORGAN, Mayor.
CSeaD City, Auditor.
State of North Dakota. County OF
Cass. City OF Fargo-ss.
II, the undersigned, Auditor of said
City of Fargo. do hereby Certify, that
the above Ii a correct copy, and the
whole thereof, Of q resolution which
was adopted BY the City Council al
said City Of Fargo. at meeting of that
body held on the Sd day OF January
1910, SIS the same remains on fale and
OF record In my once
III witness whereof have hereunfo
set my hand and tie seal OF the city
Of Fargo this 7th day on January. 1910
~. C. MORGAN.
l6eaD City Auditor
Cd" Jan.s7 to an. 100