The Coconino sun., 1927-02-04
OFFICIAL MINUTES

Flagstaff, Coconino County, Arizona
A special meeting Of the board Of
supervisors of Coconino County, Ari-
zona, was held pursuant to due notice
and call at the office Of said board in
Flagstaff, county seat of said county,
on the 18th day of January A. D.
1927, at the hour of 2:3O P. NJ. Upon
roll call the following were found to
be present:
R. E. Taylor, chairman; James
Kennedy, member; Jos. j. Waldhaus,
member, constituting the Board of
Supervisors. Present also, J. R..
Thoman, Clerk.
The following proceedings, among
others, were had and taken, to-wit:
Thereupon the Clerk presented and
read the notice and call for the meet
ing which said notice and call was
ordered inserted as part of the min
utes of this meeting and is in words
and figures as follows, to-wit:
Flagstaff, Arizona.
To members of the Board of Super
visors of Coconino County, Arizona:
You and each of you are hereby
notified that special meeting of the
board of supervisors of Coconino
County, Arizona, has been and hereby
is called and ordered to be held at the
office OF said board in Flagstaff, Ari-
zona, on the 18th day Of January A.
d. 1927, at the hour Of 2:30 o'clock
T. NJ, for the purpose of considering
and adopting resolution and order
providing for the issuance, advertise
ment and sale of funding bonds of the
county in the aggregate principal
sum of $175,G00.0O to bear interest at
the rate of five per cent (5Id) per
annum, payable semi-annually, for
the purpose of raising funds with
which to fund and redeem outstanding
warrants Of said County.
r. e. TAYLOR, Chairman.
JOS. J. WALDHAUS, Member.
JAMES KENNEDY, Member.
(SeaD Attest:
J. R. THOMAN, Clerk.
Thereupon Supervisor James Ken
nedy introduced and moved the adop-
ton Of a certain resolution and order
which was read by the Clerk and
found to be in words and figures as
follows:
RESOLUTION
A RESOLUTION AND ORDER
FOR THE ISSUANCE,
ADVERTISEMENT AND SALE OF /
FUNDING BONDS OF COCoNINO
ARIZONA, IN THE PRIN-
5IPAL SUM OF $175,O 900 REPEAL
ING ALL ORDERS OF RESoLU-
TIONS IN CONFLICT HERETO /
AND DECLARING AN EMER-
IENCY WHEREBY THIS RESO-
LUTON SHALL BECOME Eff
7ECTIVE IMMEDIATELY UPON
rs PASSAGE.
WHEREAS, as shown by the re-
'ort of floating Indebtedness, prepared
" the County Treasurer, as Of Jan
lary l, 1927, said County has out
tanding, registered and unpaid it's
egally issued warrants drawn on the
Expense fund of the County during
he period commencing with October
!, 1925, and ending with and includ-
ng warrant number 7, issued Jan. Is, Il
927 said warrants amounting to the
sum of $17O,06952; and
WHEREAS, as shown by said re-
ort said County also has outstanding,
egistered and unpaid its legally is
ued warrants drawn on the Road
'und Of said County during the period
with May A, 1925 and
nding with and including warrant
lumber 2554, issued December 81,
926, said Road fund warrants
mounting to the principal sum of
10,73775; and
WHEREAS, all Of said warrants
mount to the total principal sum of
180,807.27 and the accrued interest
n said warrants from their respect {
1e dates of registration to January s
8, 1927, will amount to sum in /
xcess of $18O,8O7.27, making total, !
rincipal and interest, in excess of ,
LIS 1000; and
WHEREAS, the said County has no :
1nds in its treasury available for
ne payment of any of said warrants
Of any part thereof, and in order
save interest the Board of Super