The Rathdrum tribune. (Rathdrum, Idaho) 1903-1963, 1922-08-25
ORDINANCE NO. 76.

lage OF Rathdrum, Idaho, in the Amount
Of Four Thousand Dollars, S4000.O0l for the
Purpose OF Providing for the Repair. Esten-
sion and Enlargement OF the Municipal
Water Works Plant OF said Village and TO
Supply the same with Water for the Purpose
OF Furnishing Water TO the said Village and
the Inhabitants thereof for all Purposes,
and Providing for the Maturity thereof;
Providing for the Calling of d Special Elec-
ton OF the Qualified Taxpayer Electors Of
the said Village for the Purpose of Submit
ting the Question Of the Proposed Bond
Issue to said Electors; Providing Notice
thereof; Designating the Form of Ballot to
be Used at said Special Election and Desg-
mating the Voting Place for said
| Election and the Officials of said Election;
Providing for the Levy and Collection of an
Annual Tax Sufficient to Pay the Interest
on said Bonds and for the Levy of an Annu-
al Tax for the Payment OF the Principal
thereof and for the Creation of Sinking
Fund for the Payment OF the Principal OF
said Bonds.
WHEREAS. the Chairman and Board OF
Trustees of the Village of Rathdrum, Koot-
email County, Idaho. deem it advisable and
necessary to issue Municipal Coupon Bonds
OF said Village, in an amount aggi egating
the principal sum OF Four Thousand Dollars
ts40000O) to provide for the repair, extension
and enlargement Of the Municipal Water
Works Plant OF Said Village and to supply
the same with water, for the purpose OF
furnishing water to the said Village and the
Inhabitants thereof, for all purposes:
NOW THEREFORE, Be 1t Ordained, by
the Chairman and Board of Trustees of the |
village OF Rathdrum in the County of Koot- |
enai, in the State of Idaho;
Section l.: There shall be issued by the |
Village of Rathdrum, Idaho subject to the |
approval of the qualified taxpaying electors
of the Village OF Rathdrum, Idaho at a
special election provided for hereinafter,
the municipal coupon bonds of the Village
OF Rathdrum, IDAHO in the aggregate
amount OF Four Thousand Dollars (s4QOOOO)
for the purpose of providing for the repair
extension and enlargement of the municipal
water works plant Of said Village and to
supply the same with water for the purpose
II furnishing water to the said Village and
,he inhabitants thereof for all purposes,
which said bonds. according to the terms
hereof, and in facr, shall be payable and
hall be paid out of the moneys and a fund
lerived from general taxation levied upon |
III the property within the said municipal
corporation as more specifically provided for
ereinafter In this ordinance; One Thousand
dollars (Sl0O000) of said bonds shall be paya-
lie at the expiration of each of the seventh =
lghth, ninth and tenth years from the date
I the issuance thereof in their numerical
rder, and said bonds and the interest
oupons attached thereto shall be in form
no IN all other respects as provided by the
aw OF the State of Idaho and as hereafter
rovided by the ordinances and resolutions
the Chairman and Board of Trustees of
lid Village.
Section H. That special election of the
laIlhed electors who are taxpayers OF the
illage OF Rathdrum, Idaho, be, and the =
me hereby is, ordered to be held in said =
iilage on Tuesday, September 20, 1922 :
tween the hours of 300 o'clock A. M and .,
DO O'Clock, P. M. of said day for the purpose =
determining whether the said Village OF -
athdrun. Idaho, shall issue its said bonds .,
the said sum of Four Thousand Dollars | -
,0O0.O0)to obtain funds for the purposes set =.
rth In Section of this Ordinance a.
section ILL., The Clerk of said Village -
all cause, thirty (30) days notice of said y,
action to be given and published in the -
lthdrum Tribune, which is weekly news "
per printed and published in the Village -. -.
.thdrum, Idaho, and shall further post a ="
nilar notice of said election at least thirty -
days prior to the holding of said election r
three public places in said Village, one of
len shall be at the polling place where the -
elton Shall be held, which notice shall be -.
)stantially in the following form, viz: .l'
TICE OF A SPECIAL MUNICIPAL AM
ND ELECTION TO BE HELD IN THE the
LLAGE OF RATHDRUM, IDAHO. ON fuI
ESDAY. SEPTEMBER 26, 1922.
office is Hereby Given that a special S
ction will be held In the Village of Rath- TIT
M Idaho, on Tuesday, September 2s. 1922 In I
ween the hours Of 900 O'Clock, A. NJ. and and
closing hour of 200 o'clock, P NJ OF said bon
for the purpose Of determining through ate
by the votes of the qualified electors of sale
Village. who are taxpayers thereof lev,
ther the Village OF Rathdrum. Idaho req,
IL issue Its municipal coupon bonds in aut
total amount OF Four Thousand Dollars one
. OO) for the purpose Of providing funds BILE
'he repair, extension and enlargement of purl
municipal water works plant of said Tho
age and to supply the same with water mat
the Inhabitants thereof for all purposes mint
Thousand Dollars (SI0OOOO) of said bonds issu;
payable at the expiration of each of ami
seventh, eighth. ninth and tenth years $500
the date OF the issuance thereof. in requ
numerical order and said bonds to be in a
Die out OF fund created by leyies NJ the :
upon all the property within the Doll:
ge OF Rathdrum, Idaho, the said bonds OF 49,
rm and In all other respects to be as herel
ded In Ordinance No. 70 of said Village Villa
IS required by the Laws OF Idaho and said
roinances OF said Village. tuted
poiilng place for said election shall be payn
ouncli hoom or the Board OF Trustees OF sal
u Yiiiage OF kathdrum, Idaho. at the and a
80 nan on second Street In saidyillage | and C
rsons VINO at the time of said election | the b.
'aiineo electors and taxpayers of said fully
e ana are duly registered therefor In t
'e quailned to vote at said election. ment
ming Win the 18th day of August. not be
~ turing once hours Of each day such
ller. Until n ir,Lal. -