The Princeton union. [volume] (Princeton, Minn.) 1876-1976, 1919-03-27
ORDINANCE NO. ia.

An Ordinance Authorizing the Sale Of the
Lighting Plant Of the Village of Prince
ton, Minnesota, to the Elk River Pow
er & Light Company and Fixing the
Terms and Conditions of Such Sale, In
Guiding a Lease Of Part of Its Property
Be it ordained by the Village Council of
the Village Of Princeton. Minnesota. as fol-
lows f8
SECTION /.
That the Village of Princeton sell and it
does hereby sell to the Elk River Power &
Light Company the municipal electric lighting
plant now owned and operated by the Village
or Princeton, consisting in principal of two
direct connected generator units, feeders and
bus bar connections attached thereto. switch
board panels and appurtenances, boilers, pow
er feed pumps. water heater, and all ather APP
planes and appurtenances connected there
CINE generator units referred to above, to-
gether with all tools now owned and used or
| to be used in connection Herewith also the
complete :, electric distribution system, in
GUIDING all poles, cross arms, hardware insu-
3ators. conductors, wires. anchorages. street
lighting fixtures. lamps. lighting arrestora.
tenances attached thereto. all recording wa,
hour meters now owned by the Village of
Princeton. all service connections, and any
nn1 a hxtsGs ss and
ture and distribution of electrical energy, and
all tools and supplies now in use or on hand
that part of the power plant building of the
Village of Princeton that is now used
Tor the production and distribution of cleo
! trical energy, including the coal sheds con-
| nected with said power plant and the grounds
over which the coal sheds and power plant
may be reached. for and during the life Of
of Princeton to the Elk River Power & Light
Company for a period of twenty-five years
to maintain and operate said electric plant
energy to any and all parts of the Village
| of Princeton, all of said property to be sold
and leased to the Elk River Power & Light
p Ss and tho far
Their sum of twenty Dollars $4,000 per month
/ for and during the full twenty-five year term
of said franchise, commencing March 18th,
1910, and upon the execution and delivery
of deed of conveyance from the Village
of Princeton to the Elk River Power & Light
Company. #.a
g SECTION II. .n.s~
And the President and Recorder of the
Village of Princeton be and they are hereby
authorized and directed to execute and deliver
to the Elk River Power Light Company a
good and sufficient deed of conveyance and
lease of all said property in accordance with
Section One hereof, upon receipt of said sum
OF 9f,o Twelve E%e Thousand Five Hundred Dollars
! on delivered to the Elk River Power & Light
Company in as good condition as the same
is now in. ordinary wear ana tear excepted.
! SECTION III. -..
This ordinance shall be in force from and
after it's passage and publication, and after its
approval thereof by the electors of the vii.
!age OF Princeton at an election to be helC
IN accordance with chapter 172 of the Laws
OF Minnesota for the year 1917. -
| NY SECTION w. =.
1 That such election shall be conducted an,
the votes cast thereat shall be canvassed an,
the result thereof certified in like name
as for the election of village officers.
i SECTION "
That this ordinance shall take effect and b
in full force from and after its passage an
publication. ~ -. 60
e Passed by the village council March 10, 1915
Approved: March 10, 1919.
H. A. HUMPHREY,
President of the Village Council, Vii
lage of Princeton, County of Mile Lac.
State of Minnesota. =
Attest: H. M. AVERY .-
Village Recorder.