The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1920-12-24
city Treasurer.
Section Seven.


City Treasurer.
Section Seven.
In case the issuancea OF said bonds
shall be authorized by said electors.
legally quaiined To yuae therefor.
there shall be levied. assessed ana
eolicNd, annually, upon all taxable
property In the city OF salmon, In
addition TO the authorized taxes.
special TAX. producing n sum sufYic-
eint To pay III. interest on said mn.
nicipai coupon bonds falling due In
that Year: and there shall also ba
created In the year. 1880. a SINKING
fund BY such additional levy, asses.
mcnt and collection OF special tax
In amount sufficient 10 raise ihg
sum of Thirtythrer Hundred (sa .aN0A
dollars and such sinking fund
shall be continued annually thercal
ter By like special tax. levied. aE
sessod and collected annually, Raf
ilclent In amount 10 raise aah aatn
OF ThiriyThree Hundred tS3 500 001
Dollars. and until ha4ic
lent sum shall have been ralsea
fully redeem oil II said bonds Sneit
sinking fund shnll be separate ana
distinct from all other funds or fansi.
ey and shall te KEEP, IN fand or
OF which Ia pay the principal of aas
municipal coupon honds n Is 80
intention and parpoae hereof til aaae
iall aud adequate pfasislqn gar The
collection 81 special annual taNes 8ug,
fcicnt 10 pay tile interest ON saii
bonds as Il shall fall due and alna %
create and congtitnss & rinAlng fund
on and after the year iasa, Tor the
payment Of sife principal ol nall mn
ulcipal ppon bonds, and within
twenty lear from the time rs the
conirac lng az the debt evidenced b.
The same; and such special taxes
ahBtl be teVted. HsaeBsed and c3ilect
"a annually as other city taxes are.
Hnd In addition thereto, and shHii hn
applied roiriy ~ paw said municipal
coupon baafa, aud the interest there
ON nnti Eve eame ara fully paid
! shoo'd any in,eFest on said mstniei-
lai e~18af handa hseame dae AMI
payable beg4sa the lsyylng " am
ttect ! tA* feF tie payment thereof.
q N1aGi rHli er0c3al taxes collected
/ during sny year be insufficient 10
lay tfa tcSaa anI interest, or either.
/ due End PAYABLE Ia That year. then
he aeaett naali e. taken from the
general fund III said city and applied
10 said payments. and, for the pur.
pose 81 rclmbufasng said general
! fund for money so taken. there shall
be levied In THE following year. on
/ all The taxable property in said city.
IN addition Ia all other taxes. q di
rect annual tax sufficient To produrs
, ,.sna.at tenn, IN. General t,na shout.s
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satt e,,g.f,l ,a.a. ..,n.t,I,a ss,As
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rbat Is aas{tsfsres aaf4 II ofe
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ri. 49,
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sss 4.,5f.a - t 4fe.zss A.
~ .,siesrs al -. sett estr e,
levy ts44,aa Ar4 enil. a arfh taxi
T., ,ts ..,a,.ag ,ss,4asI 4. iaX
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,h, .,at..,,.,, IN 49, tnf..ss. III p.s
,,tneg,.., ~ esla fonda aud eafa
,ay,, vhrn ro eois4ctad. shall b.
80, ,or and aun,gsa oniy l. he my.
80. - .ais honas 8. herein b-fors
"neesa.s p,,, no,hlnr bs~eis cor.
,s,n.a shall h. so construed
y, ,.e.y,.,,, w.id civ from appls
a.. ons o,hsr funss ina, nay be IN
IN. rny Treasury. and asailabf. fo~
Ia, ,a,,,,,,sc ~ ,hc navm.ni of fho
ssia jnt.r.si and principal as the
sam. rest,.ctlysly mature. or 10 the
.a.....,. - sstd ,,rtnrin.t - an
- -. =. - tt.,,a ft.v .Ns
s,ss,',,a., ~ Ter wears from III eal
81 the issuance Of the said bomb.
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