Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1916-01-20

i - oAROA AoOt ~ oAiu
read the resolution next hereinafter
set out, and moved its adoption, Sec
onded by j.. r. Stodghill and after due
consideration thereof by the board, the
chairman put the question upon the
adoption of said resolution, and the
roll being called the following named
supervisors voted:
Aye, Patterson, Hall and Stodghill.
Nays, None. .,,. ....a
Whereupon the chairman declared
said resolution duly adopted, az fol-
lows:
Resolution. .
To provide for the issuance Of coun-
! ty funding bonds numbers one to
twenty-eight, in the sum Of $27, 500.
Whereas. the county of Wapello, in
the state of Iowa, is a body corporate
duly organized and existing under and
by virtue of the laws and constitution
of the state of Iowa; and said county
has a population exceeding 15, 5000;
and there is located within said coun-
ty, the city of Ottumwa, a4city Of the
first-class; and no other city OF the
first class and no city Of the second
class or city under commission form Of
government, or city acting under spe-
Cldl CAdl IcA 10 'IOSoSCu W!tAAA7o0AN NOuA-
! ty; and &ra al tsat. s@, y
Whereas, Said county has an indebt.
edness all incurred for bridge purposes
in the amount of over '$27 500, all evi-
denced by valid warrants, all Of which
Indebtedness, thus evidenced, was out
standing and payable on the first day
of September, 1916, and is nov out
standing and payable; and
Whereas, all of the Indebtedness was
contracted, incurred and allowed and
each of said warrants was executed
and issued, by order of the board of
| supervisors Of said county for pur-
poses authorized by law, and in form,
time and required by law; and
none Of said Indebtedness vas incur
red, and none of said warrants were
| issued, in violation of sections 409-a
ct seq. 429, 44O, 443, 445 ct sea-, or
2241 of the code and the code supple
ment Gas the case may be) or of any
law amendatory thereof, substantive
therefor. or supplementary of addition
al thereto, or in violation Of any law
restricting or regulating the mourning
| Of indebtedness or the nuisance of
variants, or in violation of any law
whatsoever: and %.ts 81
Whereas, An appropriation was duly
made by the board of supervisors of
said county, in strict compliance with
section 424 of the code of Iowa, for
each of the bridges for which any OF
said Indebtedness was Incurred and
of said warrants were issued; and
Whereas, None of said indebtedness
was incurred, and none. of said war
rants were issued, for the construction
of any bridge not a county charge or
for the construction of any bridge
| costing more than $40 per lineal foot
for su~perstructure, or for the construc-
ton of any one bridge, entirely within
the said county, costing, including sub
structure, superstructure, and ap-
proaches, more than $25,00O: or for
the construction of any n bridge
| across a stream which is a boundary Of
said county costing, including sub
structure, su~perstructure. and ap-
proaches, more than SIS, 700; and
Whereas, None Of said indebtedness
or warrants has ever been adjud1cated
to be invalid; and no litigation Is pend
ing, prayed, or threatened, involving
the validity of any Of said indebtedness
or warrants; and said Indebtedness,
thus evidenced, is a legal, valid, and
binding obligation of said county, and
is chargeable by law for taxation upon
all the taxable property within said
county except the taxable property
within the city Of Ottumwa, and
Whereas, it is deemed to the best
interest OF said county to fund said
outstanding indebtedness. thus .evi-
denced, to the amount Of $27,500; and
all of said indebtedness thus evidenc-
ed, is of such character that 1t can
legally be funded; and !
Whereas, the amount, nature and
condition of the Indebtedness of said
county now is and was on the first
day of September. 1915, including the
aforesaid indebtedness, evidenced as
! aforesaid, and was, at the time of con-
~ltracting and of mourning and of allow.
ing each item OF said indebtedness.
including such item, and at the time OF
authorization and Of the issuance OF
each OF said warrants, including such
warrant, such that according to the
last previous state and county tax lists
no portion Of said county now is or
was, at n of said time, chargeable
with taxation (either levied or neces'
sarv afterwards to be levied) to pay
county indebtedness exceeding tie
limit of one and one-quarter per cen
tum of the actual value of the taxable
property within such portion of said
county, and such that the total indebt-
edness of said county does not now,
and did not at any of the aforesaid
! times. exceed the constitutional or
statutory limitations; now ther" fore
Be it resolved by the board of Super
visors of the county of Wapello. in TIE
state of Iowa;
Section 1. That for the purpose o.
funding the bridge indebtedness or
said county in the amount of S27.3eN.
referred to and proposed to be funded
in the preamble of this resolution. and
evidenced by the warrants also, refer
red to in the preamble Of this re~olu-
ton, each of which was outstanding
| and payable on the first day of septem:.
Der, 1915, and is now outstanding and
payable - there are hereby authorized
to be issued twenty-seven C27 nego.
table funding bonds Of said county oil
| one thousand Isl, O00) dollars each.
,,r,horoA ,oncocrtiyolv from one G)