The Red Cloud chief., 1916-08-17
NOTlCs OF SPECIAL
BOND ELECTION
sEwreiGE B3iD PROPOSITION

NotIcc SIS hereby given ,o the electors uf
the city oi Red cloud. Webster comfy. NO.
braska. that pursuant tu n resolution adopt.
cd by the mayor and council ~ said city at q
regular adjourned meeting thereof Iuly2r,h.
1915, by which resolution sald mayor and
council determined upon and approved and
accepted q system Of proposed sewerage and
an estimate OF h ccosi thereof I'm the slm of
sioOOj.0o rs submitted by Grant Fulton OF
Lincoln. Nebraska. the special engineers
selected by said council for that purpose, the
plans and specifications and the estimate Of
the cost N roDf being now on hlc In the Office
OF the city clerk. q. e.. Tcol subtrc, 20 public
iusp, elton. that n special election Is hereby
called and will be held In said city at the
regular vuti0g places therein. tSvit. m the
first ward NJ the Office Of the city water and
Hight superintendent and IN the second ward
at the tircmcn's hall, on thc 29th. day Of
August 1919 between the hours ~ Z O'Clock
\. VI. and O'Clock =. VI. ~ which time and
places the following proposition VIII be sub
mi,tCl ~ lp voted VI on,
"ShII tie Mayor and CIV Council " the
city 81 GadclOud. Nebraska be authorized To
issue COUPON bonds OF said city In the sum OF
Ten Thousand Dollars TO be de~uominatcd
sewer Bonds ~ said city OF Red cloud. Ne
braska. IN denominations OF $4,000 each,
payable To bearer and to become due % years
after the date thereof but payable nj any
time after the expiration OF . years AT the
option of said city, ami bearing not to exceed
I'VE per cent nnual Interest and TO be dated
the day Of their issuance, interest and princi.
pal payable At the Office Of the treasurer OF
the state Of Nebraska. said bonds To be sold
at not less than par value with accrued inter.
est and the proceeds thereof used by said city
for the construction and establishing OF a
system OF sewerage in and for said city I'm &C.
cordance with the plans and specifications
above mentioned and ut n cost not to exceed
siOO00.00. said system not to include any
lateral or district sewer. Shall the mayor
and council of said city annually levy the
necessary tax upon all the taxable property
within said city, In addition to all other taxes
to pay the interest upon said bonds as the
same becomes due and To furnish n sinking
fund for the payment OF the principal OF said
bonds and also an annual tax not TO exceed
" MILLS on the dollar for the purpose OF
maintaining amt repairing said system OF
Sewerage.
The form Of the ballot TO he used at said election
shall be as follows:
Vote for ne
For sewerage bonds and take -.------..-..-D
Against sewerage bonds AMI ates--.-.-.D
to be voted and marked by making a cross in the
space provided in the usual manner as provided
10y 'a~.
Should the majority of thu vote, cast a, said
election | q in favor Of said proposition the mayor
aud council of 'aii city will 10 authorized to issue
aud negotiate said bod ncrorliug to the condit-
ions md f,r the putpo-cs al Owe 5%p,ciiel and as
also Contemplated bv tho statues of Nebraska.
The proceeds OF raj bonds tn 60 s,itutc n sep
nratc funl to be urci FOR no other purpose than
the installation OF said ever system and said
Mayor and Council to g limited to sud 100000
in the ms. allation thorco'.
Dated this eth day OF July 1916.
&C. Tel, EoHr. DAMTREEI.
(sEAL) Clerk. Mayor