The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1918-03-23
ORDINANCE NO. $50.

ORDINANCE NO. $50.
AN ORDINANCE RELATING
TO THE CALLING OF AN
ELECTION FOR THE PUR-
POSE OF SUBMITTING TO
THE QUALIFIED PROPER
TY TAXPAYING VOTERS
OF THE CITY OF ARDMORE,
CARTER COUNTY, STATE
OF OKLAHOMA, THE PROP
OSITION OF ISSUING THE
NEGOTIABLE pom
BONDS OF SAID CITY OF
ARDMORE TO THE AMOUNT
OF FIFTY THOUSAND $780,
0O0) DOLLARS, FOR THE
PURPOSE OF PROVIDING
FUNDS FOR THE CON
STRUCTION OF A SYSTEM
OF STORM SEWERS WITHIN
THE CITY OF ARDMORE,
CARTER COUNTY, OKLAHO-
MA, TO BE DEVOTED TO
THE PUBLIC USE AND TO
BE OWNED AND CON
TROLLED EXCLUSIVELY BY
SAID CITY OF ARDMORE,
AND DECLARING AN EMER-
GENCY.
BE IT ORDAINED BY THE
BOARD OF COMMISSIONS
ERS OF THE CITY OF ARD
MORE, CARTER COUNTY,
STATE or OKLAHOMA:
Section |. That a special election
be and the same is hereby called to
be held in the City Of Ardmore,
Carter County, State of Oklahoma,
on Monday April twenty-second,
1913, for the purpose Of submitting
to the qualified property taxpaying
electors of said city, the following
proposition
PROPOSITION.
Shall the City of Ardmorc, Car
ter County, State of Oklahoma, in
cur an Indebtedness by issuing its
negotiable coupon bonds in the ag-
gregate principal sum OF fifty thou
sand ($5OOOOOO) dollars, for the
purpose of constructing a system of
storm sewers within the corporate
limits OF the City of Ardmore, Car
ter County, Oklahoma, to be de
voted to the public use exclusively
and to be owned and controlled ex-
cluSiyely by said City of Ardmore,
and levy and collect an annual tax
i'll addition to all other taxes upon
all the taxable property in said City
of Ardmore sufficient to pay the
interest on said bonds as it falls due;
and also constitute sinking fund
for the payment of the principal
thereof when due, said bonds TO
bear interest not to exceed FIVE per
centum per annum, payable semi
annually, and the principal sum 10
become due within twenty FIVE years
from date.
Section 2. That the mayor of the
said City of Ardmore, County of
Carter, State of Oklahoma, is here
by authorized and directed to call
said special election by proclama-
ton, specifying therein the PROPOSE
tion to be voted upon substantially
in the manner above set out, the
time and place for holding said cleo
tion, the hours at which said cleo
tion shall open and close, the names
of the officers who shall conduct
said election and the form of the
ballot to be used thereat. Said cleo
tion shall be held as provided by
law for special election, in accord |
ance with the provisions Of Section /.
458 of Chapter 10, Article 2, OF the /.
Revised Laws of Oklahoma of 1910. |
The ballots for said election shall be /
prepared by the city clerk of Ard
more, Carter County, Oklahoma.
Section 5. All qualified electors
residing in said City OF Ardmore,
Carter County, Oklahoma, who are
also property taxpayers, shall be al
lowed to vote at said election on the |
aforesaid proposition.
Section !. That by reason OF the |
City Of Ardmore being without ade-
quate system Of storm sewers, it is |
deemed necessary for the immediate |
preservation OF the public peace,
health, welfare and safety, that said .
system OF storm sewers be immedi- /
a,ely installed, an emergency is de-
c.ared to exist by reason thereof,
and this ordinance shall become op-
eratiye Immediately from and after
its passage, approval and publica-
tion.
Passed by the Board OF Commis-
sioners OF said City Of Ardmore,
Carter County, Oklahoma, on this
the 22nd day Of March, 1918.
Approved by the mayor of the city
OF Ardmore on this the 22nd day
OF March, 1918.
w. K. ROBERTS, Mayor.
Attest; G. w. Groom, City Clerk.
(SeaD.
(Fiyt published March q, 1919.
ORDINANCE NO. 35l.