The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1914-08-01
CHAPTER XI.
FINANcEs AND IAXATIoN.

CHAPTER XII
FINANCES TAXATION
Section The council shall have authority to raise annually by
s taxi HP44 Fe and s % d se a village
the general law such sum not exceeding any one year two per cen
Of the assessed value of such they shall deem
the village and of carrying into effect the powers in this charter
Section The council have power levy cause be
collected in each year. potax of dollar male in
excepting active members OF the fire department and such other per-
All collected by virtue Of this section shall be paid into the
Section The power shall the council appropriate
for municipal purposes the same be raised by general taxa
Dd council cur ndedness by the issue OF bonds or otherwise
any which, including the existing Indebtedness shall exceed ten
within the village subject taxation shown by the last preceding
bon @ been OF 4 g no @ o guS ope bere
vded Moneys hand sinking fund limited to the payment OF
provided that in of fire. flood other calamity requiring
emergency fund for the relief OF the inhabitants of the village
bridges streets the village borrow money due not than
um Of the assessed valuation OF said village notwithstanding
the indebtedness Of said village beyond the limitations
therefor beyond the general limit OF bonded Indebtedness prescribed
provided such mortgage bonds issued beyond the limit OF
general indebtedness prescribed by law shall impose liability
such public utility including franchise stating the
which franchise shall case longer period
t years the date of the sale Of such utility and franchise fore
ing sinking fund for the payment Of the special assess
which charge upon the special district created for the
payment thereof and serial bonds payable annually
Section A. weeks preceding annual village
election the council shall audit and settle the accounts OF the treasurer
other officers Of the village and far practicable Of all
having claims against the village and shall make statement detail
of the receipts expenditures during
ing year which distinctly show the of all
all the
ronrated for each Of said PURPOSES the amount levied special
received all other during the year. also the several items
Of all expenditures made during the and the objects thereof cas
styling the Tor each purpose separately and containing such other
information shall be full understanding OF the imam
of the village Said statement signed by the president
shed newspaper OF the village least days previous the
annual village election any newspaper be published therein
The the village shall each year. and
within the required by the general laws OF this for
the of property the townships OF this state make
amount Of all the personal property liable under the laws OF
the village and the the agent
liable pay poll tax the village and shall set down in such roll
valuation of such property its cash value placing the value
shan conform TO and be governed by the provisions OF law governing
supervisors of townships performing like services unless otherwise in
this cbSter provided provided that whenever shall not
be necessary to money by taxation IN the village the council
village determine by resolution and when determined
council they shall certify such determination the and
such shall not make any assessments OF property SAID VII
year. provided further that the council may
direct the take the and make
before such date shall be deemed be for the best
the village later than the first day May each
provided further that practicable after the adoption OF this
charter qualification trustees, the
council proceed determine the be raised by taxation
provide that the assessment rolls shall be made and taxes levied and
collected for the current with the provisions
charter be- the time specified the charter for
the regular cvying and collection of taxes.
Section Immediately after the completion OF such
roll the shall give notice thereof and OF the time and place in
said village when and where the assessment will be reviewed and that
av neons deemng aggreved by the
he - Such shall be given by posting copies thereof
public village less than days before the day OF
review by publishing the same IN newspaper 81 inc village II any
the length Of time
Section = The qualified freehodcrs and electors
village be annually appointed by the council shall constitute
Of the assessments AT the time appointed Tor the
review the shall the place designated IN the notice and