Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1910-03-09
Second Proposed Amendme nt.

We propose that section ninety-fVe
of the said Charter of said City be
amended to read as follows:
POWER TO BORROW MONEY
OR INCUR DEBT
"Sec. IS. The City of Willmar may
issue Bonds by ordinance as follows;
l. For the purpose of constructing,
regulating, maintaining, extending,
enlarging or improving Suitable wa e1
or light plants, or either of them or
/ for the purpose of acquiring or paying
for any real estate or other property
| needed in connection with any such
plant.
2. For the purpose of raising not
to exceed fifteen thousand dollars for
a permanent improvement revolving
fund provided for in this charter, in
order to provide money for any con.
templated local Improvements, and
such bonds shall constitute first lien
upon all such local Improvements, and
upon the property benefited thereby
and to be assessed therefor.
; For the purpose OF paying, fund.
ing or refunding any bonded indebted
ness of the City or the interest thereon,
existing at the time this charter goes
into effect, or created at any time in
any manner by said charter authorized
4. For the purpose of constructing
main sewers, septic tanks, filtrating
| plants, and other appurtenances per.
tanning to a sewer system. Such or
dinance for the issuance of bonds may
provide that the same shall be general
obligations of the City or that they
shall not be general obligations, but
shall be payable out of any assessed
by the City, or may limit the City, s
liability thereon in any other manner
or shall guarantee that the City shall
pay for the same, provided that the
bonds so issued under subdivision
two, above mentioned, shall always be
general obligations of the City.
The City shall have authority tC
protect itself by acquiring title to any
property subject to special assessment
for local improvements, and shall have
authority by ordinance to assign ani
convey any property so acquired
whether proceedings to acquire such
title have been had prior to the time
of the going into effect of this charter
Or thereafter, and shall have the power
in like manner to assign any lien OF
right of action, held by the City or
account of or arising out of any suc}
assessment, as security for the pay
ment of any bonds, certificates of in
debtness or other evidence of indeb
tedness mentioned in this section, o.
to provide that such bonds, certiti
Gates or other evidence of indebted
ness mentioned herein, may be collec
ted out of any such property. liens O.
rights of action.
Whenever the Council shall pass an,
ordinance to issue bonds pursuant tt
the provision of subdivisions one, tw.
and four of this section, such oidi
nance shall provide for the submission
to the legal voters of the City, at som
general or special election to be calle'
by the Council for that purpose, tn
proposition for issuing said bonds, t.
an amount deemed by said Council
advisable Such election, whethe
general or special, shall be conducte'
in the same manner and with the sam
formalities as special and genera
elections are conducted under the gen
eral laws of this State.
The ballot to be voted at such cleo
ton shall read substantially as fol