The Twin Falls times. [volume] (Twin Falls, Idaho) 1905-1916, 1916-01-18

QUESTION of said water works system
and the issuance of bonds therefor,
should be submitted to the qualified
electors of the City of Twin Fails;
and,
WHEREAS, the City Council does
deem it advisable at this time and as
approximate to this time as may be
possible, to have the qualified voters
and electors of the City of Twin Falls
determine by election whether such
waterworks system should be acquir-
ed by said City, by authorizing the is
suance of $4,000. in bonds, to defray
the expense of purchasing and &C
curing the complete water works sys-
TEN aforesaid for said City, according
to the provisions of a resolution Of
the City Council of said City, passed
on the 4th day of October, A. d. 1915,
and approved by the Mayor on the
9th day of October, A. d. 1915, and
published in the official paper of said
City on the Goth day of October, A. d.
1915, which said resolution and offer
to purchase was duly accepted on the
9Th day of October, A. d. 1915, by the
present owners of said water works
system, the Twin Falls Waterworks
Company, Limited, a corporation or
ganized and existing under the laws
of the State of Utah and authorized to
do business within the State of Ida
ho.
NOW, THEREFORE,, BE 1T Or
DAMNED BY THE MAYOR AND THE
CITY COUNCIL OF THE CITY OF
TWIN FALLS, IN TWIN FALLS
COUNTY, STATE OF IDAHO:
SECTION l. That a special election
of the voters of the City of Twin
Falls, Idaho, for the purposes above
set forth, is hereby called for Thurs
day, the 3rd day of February, A. D.
1916.
SECTION II. That at said election
the voters qualified to vote on the said
proposition, shall be; those duly quail
flied electors of said City who are
taxpayers under the law and who have
paid a property tax in said City in
the year next preceding said election
said election shall be held on the 3rd
day Of February, A. D. 1916, at which
election, there shall be submitted tC
said qualified voters, the question Of
acquiring the existing water work:
system within the City of Twin Falls
for said City Of Twin Falls, including
all existing and incidental rights
franchises, property and interests
therefor, for the purpose of supplying
said town of Twin Falls and its in
habitants water, for fire, domestic ant
commercial purposes and to provid
for the payment therefor by the is
suance and sale of bonds of said City
In the aggregate amount of eight
thousand dollars ($S0,000), to b
hereafter issued pursuant to ordinanc
- to be hereafter passed by the City Coun
ell of said City OF Twin Falls. in man
ner form and terms as by law required
said bonds to mature twenty years an
and become optional ten (10) year
from issuance, to bear interest at nc
to exceed six per cent per annum. TIL
II City Council of said City of Twi
Falls shall provide by ordinance fC
# the levy of tax to redeem said bono
,r and to pay the interest thereon as pr'
"a vided by law; provided that no actio
r or proceeding by the City of Twi
IL Falls shall prevent the application
,f any or all of the net surplus earning
~ of said water works system to Il
II payment of said principal or intere
when such application of said earl
w ings seems advisable.
~ SECTION III. The question so SUI
70 mitted shall be voted on at said ele
ton, which shall be held at: What
commonly known as Crosby's chap
in the new building at number 1.
Second Avenue West in the said CT
of Twin Falls, for Ward No. l of sa
City, and in the Warberg building
211 Shoshone Street South in Il
!, said City of Twin Falls for Ward N
Il of said City, by the qualified vote
of said City aforesaid, and shall
by ballot in the form hereinafter de
cribed, and said election shall be he
A.. and conducted in as near the san
~ manner as that prescribed for gener
and special municipal and state ele
l. tons as may be possible.
=, SECTION ". Separate printed GA
= lots shall be procured by the CT
:, Clerk and supplied to the electiC
judges to be furnished to the quail
, fled electors, and ballots shall
- printed according to the followlr
&c form, to-wit:
~ "OFFICIAL BALLOT
~ CITY OF TWIN FALLS, IDAHO.
y, 20 ELECTION UPON THE CUES
~ ~ TION OF PURCHASING WATEF
- WORKS SYSTEM AND THE Al
= THORIZATION OF THE ISSUANC
n OF $4,000, IN BONDS FOR
- SAME
~ TWIN FALLS, IDAHO, FEBRUAR
3rd, A. d. 1916.
QUESTION: Shall the City Counc
of the City of Twin Falls be autho
lied to issue bonds of said City
the amount of ($SO,O00) to becon
ID due 20 years from date, optional fl
w. redemption 10 years from date, and
=, bear a rate of interest not to exec
ar six per cent. &c per cent? per annuI
n for the purpose of raising funds fl
h the acquisition by purchase of Il
is existing waterworks system with
and near said City, to supply said CT
n with water for fire, domestic al
70 commercial purposes, said system
"a be owned, maintained and operated
said City.