The Belding banner-news. (Belding, Mich.) 1918-1973, 1920-08-11
COUNCIL PROCEEDINGS
(OFEICIAIl

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Roll call: Present Aid. Benedict,
Kane, Friedly. McCue. Abscnt---Aid.
Odds. Present "a. Absent ~.
Minutes of previous meeting were
read and approved.
Report of Treasurer was read.
Moved by Aid. McCue, seconded by
Aid. Kane that the Treasurer's
port be accepted.
4 Yeas, Aid. Benedict, Kane, Friedly
ly, McCue. Yeas (Q. Nays (0).
Aid. Odds takes his seat at f:10.
Resolution to submit the question
for bonding for $21 100000 to con-
struct main or trunk line sewer to
be submitted at the coming election
was read:
WHEREAS the common council
heretofore determined, by resolution
adopted on or about the goth day of
February A. ID. 1920. to construct a
main or trunk sewer along the north
side of Flat river in the city of Bel
ding, and being in sewer districts No.
four and five (No. and 81 thereof,
said sewer to be constructed and
laid as follows, commencing at the
point of intersection of the center
lines of York street, Riverside Ave.
and Morton street, thence northwest
erly along the center hne Of River
side avenue and Morton street, thence
north along the center line of Ashfield
street and east High street and run
ming thence northwesterly along the
center line of east High street to the
lNwest line of North Bridge street and
: running thence in south westerly
direction along the north bank Of
Flat river and to empty into said
river at point few rods below the
Richardson Silk Company's dam in
said city, and
WHEREAS it was also determin-
ed that the cost and expense of maxi
ing, laying and constructing said sew
er would be the sum of twenty-one
thousand dollars 1921, 000.00) or
whereabouts, which was a larger sum
of money than could be raised and
paid in any one year from the gen.
eral funds Of said city under the pro-
visions of the Charter thereof. and
WHEREAS it was deemed advis-
able to submit to the electors of said
city at the annual city election, held
on the 5th day of April, A. ID. 1920,
the question Of borrowing twenty-one
thousand dollars 1921 ,000.00) and is
suing the bonds of the city therefor,
drawing interest at not to exceed $50
per annum, which sum of money,
when so borrowed, was to be used for
laying and constructing said sewer
as above described, and
WHEREAS said question of bor-
rowing the aforesaid sums of money
for the purpose mentioned, was
adopted by the majority vote of the
electors VOTING thereon. the common
council tho fter endeavored to bor-
row the sums Of money aforesaid but
was unable to borrow the same with
out paying more than per cent in
terest thereon, and
WHEREAS it is deemed advisable
to submit to the electors of said city
the question of raising the twenty
one thousand dollars 1921 ,000.00)
aforesaid and issuing the bonds of the
city therefor, drawing interest not to
exceed 6e6 per annum, such sums of
money when borrowed to be used for
the purpose aforesaid,
NOW THEREFORE BE 1T RE-
SOLVED that the proposition of
borrowing the sum of twenty-one
thousand dollars 1921 ,000.00) and is
suing the bonds of the city therefor,
and drawing interest at not to ex-
coed Sc per annum, and for such a
term of years as to the common
council NAV seem advisable, which
sums of money when so voted and
raised, together with other moneys
in the general sewer fund of said city
shall be used to defray the cost and
expenses of laying and constructing
the main or trunk sewer on the north
side of Flat river heretofore deter
roinaI RI ha yaaraccorxy and xxyhiob caxp-
er is to be laid as follows: commence
ing at the point of intersection of the
center lines of York street, Riverside
Avenue and Morton street, thence
northwesterly along the center line
of Riverside Avenue to Ashfield St.,
thence north along the center line of
Ashfield street to the point of in.
tersection of the center lines of Ash
field street and east High street and
running thence north westerly along
the center line of east High street to
the west line of North Bridge street
and running thence in a south west
erly direction along the north bank
of Flat river and to empty into said
river at a point few rods below the
Richardson Silk Company's dam in
said city. be submitted to a vote of
the electors of said city at a special
city election to be held on the 31st
day of August. A. ID. 1920.
BE 1T FURTHER RESOLVED
that the City Clerk cause this resolu-
ton to be published in at least two
weekly issues of the Bedding Banner
News, news paper published, and
circulated in said city Of Bedding and
being the Official paper thereof, and
at least two weeks prior to the said
special election. The city clerk shall
also cause copies thereof to be posted
in at lease of the most public places
in each ward of said city at least two
weeks prior to the said special cleo
ton.
BE 1T FURTHER RESOLVED
that the City Clerk shall cause a
sufficient number of ballots to be
printed in the time and the manner
provided by law, to submit the prop
osition of borrowing the aforesaid
sums of money, and issuing the bonds
n