Ashland tidings. [volume] (Ashland, Or.) 1876-1919, 1917-03-22
PROCLAMATION BY THE MAYOR
OF THE CITY OF ASHLAND,
OREGON.

OREGON.
Whereas, in conformity with the
law in such cases made and provided,
a special election of the qualified
electors of the city of Ashland, Ore
gon, was held on the 18th day OF
March, 1917, at which was submitted
10 said electors for their approval or
rejection the following proposed
amendments to the Charter of the
City of Ashland, Oregon, to wit;
AN ACT
To amend Article VII of the now ex-
listing Charter of the city OF Ashland,
Oregon, by adding thereto section
10 be known as Section 25, empower
ing the Mayor and common council
of said city to issue bonds Of said
city in the sum of SIS, 100000, for
the purpose Of procuring funds with
which to purchase all that portion
of the lands belonging to the South
ern Oregon Chautauqua Association
lying southerly from and adjoining
the south line Of the Central Park
of said city, consisting OF about six
and three-quarters acres.
Be 1t enacted by the people Of the
city of Ashland, Oregon:
That Article VII of the Charter OF
the city of Ashland, being that GER
tain Act of the Legislative Assembly
of the state of Oregon, filed in the
office Of the Secretary of State, Octo-
ber 14th, 1898, entitled "An Act to
amend an Act entitled An Act to in
corporate the city Of Ashland, in
jackson county, Oregon, and to de-
fine the power thereof filed in the
office of the Secretary OF State Feb
ruary 21st, 1889, and the Acts ap-
proved February 25th, 1895, amend
ing the same" as amended by all
Acts subsequent thereto, either o.
the Legislative Assembly Of the state
of Oregon or by vote Of the qualified
electors of the city of Ashland, Ore
gon, under the constitution and laws
of Oregon, and the Charter of sale
city, be amended by adding SectioI
25 to said Article VII, to read as fol
lows:
Section 25. The common council
by two-thirds vote Of the council
at any regular or adjourned meeting
thereof, shall have the power, at an,
time hereafter, to issue and sci
bonds of said city, in the sum Of SIS,
10000, for the purpose OF procurin
funds with which to purchase all tha
portion OF the lands belonging to tn
Southern Oregon Chautauqua Asso
citation lying southerly from and ad
Joining the south line of the Contra
Park of said city, consisting OF abou
six and three-quarters acres, whicl
lands, when so purchased, shall be
come part of the city's park land
and parking system, and shall b,
owned, operated, managed and con
troled as the other park lands of thu
city. Said bonds shall he dated OF
the date when the same shall be Is
sued, in the denomination of $4,000
each, with interest coupons attached
thereto, payable to the bearer or pur
chaser thereof, as follows: FifteeI
of said bonds of $4,000 each, pay
able on May 1st, 1922; and fifteer
of said bonds, Of $4,000 each, pay
able on November 1st, 1929, and fif
teen of said bonds, Of $4,000 each
payable on the first days of May anc
November of each year thereafter
until the whole of the said issue Of
$15,000.0O is fully paid; the princi
pal thereof bearing interest after
date, at the rate of five per cent pei
Rnnum, payable semi-annually.
The common council shall, at thu
time of making the annual levy fol
the expenses of the city, as provided
IN Section 2, Of Article Seven OVID
of the now existing Charter of th'
city of Ashland. for the year 1922
include in such levy a sufficien
amount to retire three thousand dol
lars of the aforesaid bonds, and shall
each consecutive year thereafter, a
the time of making the said annua
levy, make like levy for the pur
pose Of retiring three thousand dol
lars of said bonds annually, until tn
whole of said issue is retired TIL
common council shall, at the time O
making the annual levy for city pur
poses. as aforesaid, for the year 1915
levy a sufficient amount on the tax
able property of the city, to pay tn
semi-annual interest falling due 70
said year, and for every year thereai
ter the city council shall make lik
levy, until all of said bonds, and tn
interest thereon. are fully paid.
is further provided that the revenu
derived from any such levy shall b
spplied to the payment Of the prime
pal and interest on said bonds, an
20 no other purpose; and provided
also, that the debt Limitation, cor
tanned in the Charter OF said cit,
shall not apply to the bonds hereb
authorized.
TITLE.
An Act to amend Article VII OF tn
existing Charter of the city Of Ash
land, Oregon, by adding thereto
section to be known as Section 2f
authorizing and empowering tn
Common Council OF said city to max
re assessments against any real prop
erty OF the city. on which any prio
aaaseasrnent NAV have been made 70