Webster City freeman. [volume] (Webster City, Hamilton County, Iowa) 1884-1946, 1921-03-21
The following resolution was present,

set ont. and moved its adoption, second
ed by Eppard: and after due consid'
Grafton thereof by the board, the
chairman put the question upon the
adoption of said resolution, and the
roll being called, the following named
supervisors voted:
Aye: Shaffer, Eppard and Johnson ;
| Nays: None.
Whereupon the chairman declared
said resolution duly adopted as follows
tG-Wit:
RESOLUTION.
To provide for the issuance Of $1O2,-
600 funding bonds.
Whereas, The county of Hamilton,
in the state of Iowa, is a body cor
porate, duly organized and existing I'M
der and by virtue Of the laws and
said county has population exceeding
5000 and there is not located within
said county any city Of the second class
with a population of five thousand or
over which is traversed by stream
two hundred feet or more in width
from shore line to shore line, or any
city of the first class, or any special
charter city; and
Whereas, Said county now has an in
dcbtedness in the amount Of $1O2, 1928
all evidenced by valid warrants, each
issued in pursuance of Section All of
the Code of Iowa, all of which indebt
edness, thus evidenced, was, on the
first day of January, 1921, and now is,
outstanding, payable and due; and
Whereas, All Of said Indebtedness
was contracted, incurred and allowed
and each of said warrants was exc
cuted and issued, by order of the board
of supervisors of said county, for pur-
poses authorized by law, and in form,
time and manner required by law;
and none of said Indebtedness was in
Cured, and none of said warrants were
issued, in violation of Sections 4O9-a
ct seq, 423 ct seq, 429, 44O, 443, 44G
ct seq, or 2241 Of the Code of Iowa
and Code supplements or Of any law
|amendatory. thereof or SALES.--FUTURE
therefor or supplemental or additional
thereto, or in violation of any law for
bidding, restricting or regulating the
contracting or the mourning Of indebt
eGness or the issuance of warrants, or
in violation of any law whatsoever;
and
Whereas, None of said Indebtedness
was incurred, and none Of said war
rants were issued, for the purchase Of
any real estate or for the purchase or
construction Of any building, and
Whereas, An appropriation was duly
made by the board of supervisors of
said county in strict compliance with
Section 424 of the Code of Iowa for
each of the bridges for which any of
said Indebtedness was incurred or war
rants issued; and none of said indebt-
|edness was incurred, and none of said
warrants were issued; for the con-
struction of any bridge not a county
charge, or for the construction Of any
bridge entirely within said county
costing, including substructure, super
structure and approaches, more than
$4,000 of said county, costing, includ-
ing substructure, superstructure and
approaches, more than $4,000; and
Whereas, None of said Indebtedness
or warrants has ever been adjudicated
to be invalid, and no litigation is pend
ing, prayed, or threatened involving
the validity Of any Of said indebted
ness or warrants, and said Indebtedness
thus evidence is a legal, valid and
binding obligation of said county, and
all of said Indebtedness thus evidenced,
is in such form and of such character
that it can legally be funded; and
Whereas, 1t is deemed to the best in
terests Of said county to fund said
outstanding Indebtedness, thus evidenc-
ed, to the amount of 100000; and
Whereas, The amount, nature and
condition of the Indebtedness of said
county now is and was on the first day
of January, 1921, including the afOre-
said Indebtedness, evidenced as afore-
said, and was at the time of the con-
tracing Of the mourning and of the
allowing of each item of said indebted
ness, including such item, and at the
time of the authorization and of the
issuance and of the presentation Of
each Of said warrants, including such
warrant, such that according to the
last previous state and county tax lists
no portion Of said county now is or was
al any Of said times, chargeable with
taxation (either levied or necessary af-
forwards to be levied) to pay county
Indebtedness exceeding the limit of one
and one-quarter per centum of the
actual value of the taxable property
within such portion of said county and