The Raymer enterprise. (New Raymer, Weld County, Colo.) 1910-19??, 1919-08-21

and said taxes, when collected. shall be ap-
piled solely to the purpose Of the payment Of
the said interest and the principal OF said
bonds. respectively. and for no other purpose
whatever, until the indebtedness so contract
ed under this ordinance. both principal and
interest. shall have been fully paid. satisfied
and discharged. but nothing herein contained
shall be 80 construed as to prevent said towa
from applying any other funds Tint may
be in the town treasury and available for that
purpose to the payment Of said interest OF
principal, as the same respectively mature,
and the levy or levies provided for may there
upon to that extent be diminished, and upon
the payment OF the principal Of any Of the
bonds issued hereunder'in In said manner. or by
the use OF the sinking fund herein provided
for. the levy or levies herein provided for the
payment Of interest may to the extent Of the
interest on the bonds so paid be diminished.
And the sums herein before provided for
to meet the interest on said bonds and to dis
charge the principal thereof when due. are
hereby appropriated for that purpose, and
said amount for each year shall also be in
cluded In the annual appropriation bills passed
by the board Of trustees Of said town N each
year respectively.
Section T. It shall be the duty Of the board
Of trustees Of said town. annually. at the time
and In the manner provided by law for levy
ing other town taxes. II such action shall be
necessary to effectuate the provisions Of this
.p1 nut tba
visions hereof with reference to the levying
and collecting of taxes and shall require the
officers Of and for said town to levy. extend
and collect such taxes in the manner provided
by law for the purpose Of creating fund for
the payment of the principal Of said bonds,
for and applied only to the payment Of the
interest and principal of said bonds as here
inbefore specified.
Section 8. After said town has constructed
managed by the said town. and all water tax
es rents and rates Of water furnished and
used therefrom shall be directly collected by
the said town and used in such manner IS
shall be provided by ordinance. and the pro-
ceeds Of such taxes, rents and rates. together
with all income therefrom. including the
plumbing and tapping OF mains and lay
ing and connecting supply pipes therein, shall
be used lst to defray the running expenses Of
such waterworks. and to keep the same In re-
pair second, for extending the mains there
Of and making additions thereto whenever IN
the orinion Of the board Of trustees Of said
town, such extensions, improvements and aid
itions shall be necessary and expedient and
shall have been ordered by majority vote
Of all the members Of said board Of trustees
and the balance Of the said income from said
waterworks. after paying the running ex.
penses. repairs. extension, Improvements and
additions. shall constitute sinking fund for
the payment OF the principal and interest
on said bonds.
Section .. After the construction of said
plant the tapping Of the mains thereof for
the purpose Of attaching the pipes thereto,
and the laying Of such pipes for supply. and
the digging Of trenches therefor from the
main to the sidewalk and IN placing stops
therein whenever the same shall be required
shall be done only by the employees Of the
town, engaged for that purpose, and the pro-
ceeds derived therefrom shall be considered a'
income from said waterworks and shall be
applied to the interest and redemption fund
as herein provided for and no contract shall
be made with. nor permission given any per
son. company or corporation To tap the mains
or lay any supply pipes. or run or orerate tho