Alma record. (Alma, Mich.) 1878-1928, 1920-10-14
RESOLUTION .


hereof:
RESOLUTION
Whereas, the City Manager, who is
the City Engineer and who consti-
tutes the city's engineering depart
ment, has prepared plans, spcifica-
tons, and an estimate Of the cost Of
construction Of improvements 90 the
water works system in the city Of
Alma, Michigan, and has made re-
port thereon,-the said plans, speci
fications and estimates Of the cost of
construction of such improvements
now being on file in the office of the
city clerk for inspection by the pub
lie. in which said report II shows the
necessity for the improvements there
in recommended so that water can
be furnished to the citizens Of Alma
for domestic purposes and for fire
protection without having 10 run the
river water into the water mains;
therefore be it
Resolved, by the City Commission
now in session, and said city com
mission does hereby determine. that
is it public necessity and very de-
sirable for the city TO construct i'm
provements to the water works sys-
tenn in said city in accordance with
the report of the said City Manager,
and for that purpose it is desirable
and necessary and for the public
health and best interests of the city
of Alma to expend the sum Of $780,
100000 in the construction of said inn
provements, and for that purpose it
is desirable and necessary to issue
the City's Bonds therefor; therefore,
be it further
Resolved, that the City of Alma,
! Michigan, cause to be issued its bonds
, in the. sum of 100000, the same TO
be used for construction of improve
ments to the said water works, and
in constructing such improvements
that said money be used as follows:
That 500, 100000 be used in construct
ing an elevated tank of 10000 gal
Ions capacity; that $26,000.00 be used
in constructing a reservoir of ,0O0,-
900 gallons capacity; that $5,800.00
be used in purchasing and installing
plunger pump; and that $26 10000
be used in the construction of water
extensions and wells; and be it fur
Their
Resolved, that said bonds to be is
sued as aforesaid be known as Ger
les 1920, Water Works Improvement
Bonds; that they be in denomina-
tions of 81 100000 each, and that there
be eighty 500 in number, number
: ing consecutively from one CD TO
eighty $50 inclusive; that the first
five (5) of said bonds shall mature
and become due and payable two
years from date Of issuance, and
that five CD of said bonds mature
and become due and payable at the
end of each succeeding year there
after. until the whole issue of said
bonds are paid; that said bonds shall
bear interest at the rate Of 512 per
centum per annum, payable semi
; annually; and that said interest and
] said bonds be payable at the City OF
= Alma. Michigan. BE it further
. Resolved, that the matter Of the
issue of said bonds as above speci-
r fled be submitted to the qualified
r electors of the said city of Alma, fol
= their approval, at the General Elec
ton TO be held in the said city of Al
. ma on the 2nd day of November
1920, and that the form of the ballot
to be used in voting upon said ques-
0 ton of bonding Of said city Of Alma
# as aforesaid be in the following
e words, figures and form, to-wit:
: "To issue the bonds of the city o.
}; Alma. Michigan, in the amount o.
n $50 10000, for construction of i'm
5, provements to the water works il
d said city said bonds to be known anC
It designated Series 1920, Waite
n Works Improvement Bonds