American Falls press. [volume] (American Falls, Idaho) 1907-1937, 1915-01-07

each of the years 1915 to 1884. indus
i've, a direct a for interest, suffic-
lent to raise annually a sum equal to
the interest acCruing on said bonds ;
ana in each of the years 1925 to 1884
inclusive, a further tax for principal,
sufficient to annually retire one-tenth
of the principal amount of said bonds:
and said tax, when collected, shall he
Kept In a separate fund to be known as
and designated Highway District No.
- OF Power County, Idaho, bond inter-
est and sinking fund.-" which shall be
i~rrevocably pledged to aud used sole
ly for the payment of the interest on
and the principal of the said bonds
hereby authorized when due, so Ions
as any of said bonds or the interest
coupons thereto appertaining remain
outstanding and unpaid; and for great
er certainty h Board of County
commissioners of said County shall in
each of said years 1915 to 1884, both
inclusive, include the bond tax herein
above levied for such year in the an
nual estimate for said highway dis
trlct Tor such year and said bond tax
snail in each of said years be certi-
ned. extended upon the tax rolls. and
collected by the same officers. in the
same tanner and at the same time as
the taxes FOR general county rDo
Tor said county are certified. extended
and collected.
IL. 1t shall be the iuty of the Roar
Oh county commissioners and they are
hereby required annually at the
time and in the manne provided by
law for the levying Of other taxes. to
ratify and carry out the provisions
hereof with reference to the l~eyyir,p
oil taxes, and requiring the officers of
ana Tor said county to levy, extend and
lect such taxes in the manner proyid-
cd by law, for the purpose of creating
Il tund Tor the payment of the interest
upon and the principal of said bonds
'and the said taxes, when so collected.
shall be kept for and applied only 10
the payment of said interest and prin-
clpaI OF said bonds as hereinbefore
specified, but nothing herein contained
snail be so construed as to prevent
SAID district from applying any funds
lhat may be in the treasury and avail
able for that purpose to the pavmen
OF said interest or principal as the
same respectively mature and the levy
or leVies herein provided for may
thereupon TO tht extent be diminish
ed, and upon the payment of the prin-
cipal OF any of the bonds issued here
under In said manner, or by the use
OF the sinking fund herein provided
lcr' the levy or levies herein provided
Tor the payment of interest may to
the extent of the interest on the bonds
paid be diminished.
IL. That all resolutions or parts
thereof, heretofore passed or adopt-
ed, IN conflict with the provisions of
thls resolution be and the same are
hereby repealed.
Is. That this resolution shall be in
full force n effect immediately upon
Its adoption.
The motion was duly seconded by
commissioner l.. S. Payne, and the
question being upon the adoption of
me foregoing resolution, the roll was
called with the following result:
president X. h. Greenwood Ave
commissioner E. Z. Earring Ave
commissioner l.. s. Payne.mAye
And the motion was by the president
ieciared carried and the foregoing
duly and unanimously ad-
opted.
Ihere being no further business to
'ome before the meeting, the same ad-
burned.
APPROVED, December 2sth, 1914.
X. B. GREENWOOD,
nu President.
SEAL) z. e. Earring,
49,, Member.
VIM. SCHMIDT.
Secretary.
a I OF LIST publication. Jan. 7, 1915.
a OF End publication, Jan. IL. 1918
bate OF Bird publication, Jan 81. 1915