Ashland tidings. [volume] (Ashland, Or.) 1876-1919, 1914-11-05

Be II enacted by the people of the
city of Ashland, that Section 19> of
Article VII of the charter of the city
OF Ashland, being that certain act Of
the legislative assembly in the state
of Oregon, filed in the office of the
| Secretary of State October IA, 1898,
entitled "An act to amend an act en-
| titled An act to incorporate the city
OF Ashland, in Jackson county, Ore
gon, and to define the power thereof
filed in the office of the Secretary of
State February 81, 1889, and the acts
approved February %, 1895, amend
ing the same" as amended by all
acts subsequent thereto, either of the
| legislative assembly OF the state Of
Oregon or by vote of the qualified
electors of the city of Ashland, Ore
gon, and in particular as amended by
vote of the qualified electors of the
city of Ashland, Oregon, at special
election held on the 2Sth day of jan
uary, 1909, be and the same is hereby
amended so as to read as follows:
Section 19. The common council,
when authorized by vote of major
ity OF the electors of said city voting
on the question at a general or spec
| ial election called by the council or
when authorized by ordinance en-
acted by the people of the city OF
| Ashland pursuant to the initiative.
may borrow money on behalf of said
city, pledge its credit and issue ne
gotiable bonds in such amount as
may be deemed necessary for the pur-
pose of constructing. acquiring or
completing waterworks and water
plant or plants, electric light and
power plant or plants, and for en-
largements, additions or extensions
thersto; provided that no further
vote Of the electors shall be required
to authorize the issue Of One Hun
dred and Seventy-five Thousand Dol
lars Auxiliary Water Bonds on the
credit Of said city, bearing date July
II, 1919, authorized by Ordinance No.
572 of said city, enacted by vote OF
the qualified electors thereof at a
special election held on the 9Th day
OF June. 1914, all proceedings Of said
city and Of the council, qualified vot-
eTs and officers thereof to authorize
the said Auxiliary Water Bonds be-
ing hereby ratified, appDoved and
confirmed, and the mayor, council
and officers of said city being here
by authorized to carry said ordinance
into effect. and the mayor and coun-
Gil of said Gfty are hereby authoriZsc
and empowered to impose and levy
annually in the same manner as otn-
er taxes of said city are imposed and
levied, suclR taxes updn all the tax
able properly IN said city as shall bE
necessary tor provide for the payment
of the interest on all bonds voted By
the electors of said city, inclwding the
l said Auxiliary Water Bonds. as such
Interest shall become due and pay
able, and to constitute a sinking func
4 for the payment and redemption o.
said bonds at maturity and are alsC
: authorized and Empowered to provide
by ordinance at or before the tim'
of the issuance of said bonds for th'
2, levy of such taxes and for the crea
: ltion OF such sinking fund.
ri The ballot title and number of las
measure shall be as fonows:
Measure Submitted to the Voters b,
/. the Common Council.
/. An act ratifying and confirmin
. Ordinance No. 572 and all matter
and things therein contained, whicl
ordinance was enacted by the elector
: of the city of Ashland. Oregon. at
o special election held on the sth da
q of June, 1914, providing for the ere
alton of a sinking fund for the pui
: pose of redeeming the bonds author
Ic lied by said ordinance, and the pay
l. ment of the interest thereon, an
o. the amending of Section 19 Of Articl
: VII of the charter thereby empower
p ing the common council to issue az
ditional bonds water and lfgR
purposes when so authorized by
- io.iA.. ,,nAn Of Tho alactnrs