Ashland tidings. [volume] (Ashland, Or.) 1876-1919, 1917-12-17

sum of $56,500. Said bonds shall be
dated at convenient time, to be
fixed by the Council, the maturity or
maturities to be likewise fixed
by the Council, but not to eX-
ceed twenty (20) years, from date
and the principal and interest OF said
bonds TO be payable at the office OF
the City Treasurer of Ashland, Ore
gon, or at the Fiscal Agency of the
State of Oregon, in the City OF New
York, at the option of the purchaser,
Section 2. The bonds hereby au-
thorized shall be sold by the Council
as in its judgment may be best, but
for not less than par and accrued in
terest, and the funds derived from
the sale thereof shall be deposited
with the Treasurer of said city to be
by him kept in fund to be known as
the Bond Redemption Fund, and
to be by him applied, together with
so much as may he necessary of the
sinking funds now on hand for said
purposes, to the refunding and re-
demption of such of the aforesaid
bonds contracts and obligations as
are now payable at the option of said
city. Provided, however, that it shall
be the duty of the City Treasurer to
see to the proper application of the
funds derived from the sale of said
bonds, and the purchaser or purchas-
ers thereof shall in no event be re-
sponsible or charged with the proper
application of the funds derived from
the sale thereof; and provided, also,
that the debt limitations contained
in the charter of said city shall not
apply to the bonds hereby authorized.
Section 8. The Council shall each
year, at the time of making the an
nual tax levy for city purposes, in
clude in such levy sum sufficient to
pay interest due on the outstanding
bonds of this issue and to retire the
principal amount thereof at maturity.
Resolved further, that this resolu-
ton for proposed charter amendment
submitted TO the voters by the Coun-
Gil be filed with the recorder OF the
City of Ashland, upon its approval by
the mayor for submission to the legal
voters of the said city, for their re-
lection or approval, to be voted upon
at special election which shall be
and hereby is called to be held on the
18th day of December, 1871 between
the legal voting hours of said date
and that said time be and the same
is hereby designated as the time fol
, holding said special election, and the
Judges and clerks of the general elec
ton, to be held on said 18th day OF
December, are hereby named and des
ignated as the judges and clerks OF
this special election, and that the
polling places for said special electiot
are hereby fixed and designated to
he the same as for the said general
election.
Be it further resolved, that the re-
corder of the City Of Ashland, Ore
gon, shall forthwith provide a ballot
title for such proposed measure to he
voted upon at said election, as by law
provided.
Be it further resolved, that the said
recorder be, and he is hereby in
structed and required to publish the
! hereinabove proposed charter amend
ment submitted to the voters by the
= Council in the manner required by
+ law that is to say, by publication Of
: this resolution in full, together witt
the ballot title, in newspaper pub
: lished in the City of Ashland. for two
{ consecutive publications in sale
l newspaper, within ten days immedi
. ately preceding said special election
l Passed by the Common Council o
the City of Ashland, Oregon, under
9 suspension of the rules on the All
day of December, 1917 by the fol
- lowing vote:
Yeas-Root, Lamb, Nininger, Cald
! well, Shinn.
/, Nays Banta
| Submitted to the mayor on the All
: day of December, 1917.
2 Approved by the mayor on the All
I day of December, 1917.
e c. p. LAMKIN, Mayor.
4 Attest JOHN B. WlMER
D Recorder
J, Now. therefore, in compliance will
= said resolution notice is hereby Civ
u en- that special election will be helt
L in the City of Ashland Oregon, OF
Q the 18th day of December, 1917 be
tween the regular voting hours ol
I said date, at which election there viii
, be submitted to the voters of SAT-
: city, for their adoption or rejection
: certain proposed charter amend
: ment. the ballot title of which will b.
!, as follows
Charter Amendment Submitted to tn
Voters by the Council.
Shall the charter of the City o
e Ashland be amended by adding an ar
e ticle thereto, to be known as Articl
XXI, and thereby empower the Com
mon Council to issue General Obliga
ton Bonds, refunding in the aggre
gate 100000 of Street intersection
Bonds: $4,000 Septic Tank Bonds
: $4,000 Fire Protection Bonds; SO
500 Optional Park Land Contracts
$1O,S16 General Fund Obligations
.e Vote YES or NC
70 100 YES.
X 1O1 NO.
ID The polling places and the judge
and clerks of election fixed and az
pointed by the Common Council,
conduct said election, are the sam
as those fixed and appointed for holt
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