The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1929-05-18
NOICE OF ELECTION

NOlCE OF ELECTION
Notice Is Hereby Given: That on Fri.
day. the 31st day of May. 1929. a spe-
cial election will be held in the city
81 Eismarfk North Dakota. at the
designated for that purpose, between
the hours of nine O'clock A. NJ. and
sever o'clock +. NJ, for the purpose Oh
submitting to the voters of such city
the following questions:
.c,., Question Number
Shall the city OF Bismarck, North
Dakota approve the initial resolution
s%ioners Of such city on the 9th day Of
La 1929. declaring it expedient to
issue the negotiable bonds of said city
n an o aassgGregate amount not exceeding
100000 each. payable at a single
maturity in the year 1919 with in
terest not exceeding the rate Of five
&aaa nr efnt r fhe n anmq,a; PAYABLE ;Ga a ! semi i.
used Tor the purpose Of constructing
a public building to be used as an
armory. and auditorium
n OF purchasing and acquiring Il
site therefor and Of e%Quipping and
furnishing the same:"
The initial resolution which was
adopted by the board Of city commits.
s%ioners Of said city on the 9th day Of
May. 1929. and which will be submit
ted to the qualified voters of such
city at said election for their approval
VI TeJeCLIOn, Is as tOIlOWS:
whereas, it has been determined
that 1t will be for the best interests
or the city Of Bismarck. North Da-
kota,, to construct q public building
an armory. gymnasium and audito-
rum and to purchase and acquire a
site therefor and the equipment and
furnishings thereof; and
"WhereaS. It is deemed expedient Ia
issue negotiable bonds Of such city
Tor the said purpose: -
Now, Therefore. BE 1t Resolved by
the Board Of City commissioners oe
Il. That 1t is expedient to issue ne.
gotiable bonds Of said city in an ag-
So6ees ga amount ,h. not e%xeeedinE 1926.
81 10000 each. payable in a Single ma.
turity in the year 1919. with interest
not exceeding the rate of five per
cent per annum, payable s~emi-annu-
for the purpose Of constructing a pub
lie building for use as an arniory,
gymnasium and auditorium and OF
Tor n of e%quipping and furnishing
the same.
20. That the assessed valuation of
az! OF the taxable property. in said
and determined after the equalization
thereof for the year 1928 was. and is
hereby declared to be, for all purposes
"s. That the gross bonded in
d~ebtedness of such city for all pur-
poses is $47S,ooO. 90, that the net
bonded indebtedness Of such city for
there are no outstanding bonds Of ths.
city for the purpose herein proposed
or for II similar purpose. except
10000 Auditorium bonds.
~ That the issuance of additional
bonds. in the sun of Sl25, 0O0.O 90 for
the purpose aforesaid will create an
aggregate bonded Indebtedness OF the
4 llt n nxnnE nF fh~ 1870
authorized by law under the existing
debt limit. and that it is necessary to
submit to the voters Of the city along
with the question. Of issuing such
ponds the further question of becom-
ing indebted for such purpose in an
mount not exceeding three per cent
OF the assessed value Of the taxable
to the existing indebtedness thereof"
h form. of ballot to be used at
s1ch special election for the purpose
o. submitting the foregoing Question
shall be as follows:
Shall the city Of Bismarck.
North Dakota, approve the
initial resolution adopted
by the board of city COM
missioners Of uch city on
the 9Th day Of May, 1929.
declaring it expedient TO
issue the negotiable bonds
of said city in an aggre-r YES
gate amount not exceed.
InE $lSO,OOU.VO. IN the de-
nomination Of $1,000. 90
each. payable at a single
maturity III the year 1919.
with interest not exceed
ing the rate Of five per
cent per annum. payable
ceeds thereof to be Used p.U ] NO
for h purpose Of con-
structing \ public building
to be used as an armory
gymnasium and auditori-
INN II OF purchasing and
acquiring a site therefor
and OF equipping and FUR
nishinG the same"
Question Number
snail me city OF Bismarck become
tnree per cent Of the assessed yalue
OF the taxable property in said cifv
without regard to the existing in.
pose Of constructing a public building
70 pc used as an armory gymnasium
and auditorium and Of purchasing and
aoan,ring z site therefor. and Of
The form OF ballot to he used at
such special election for the purpose
q submitting the foregoing Question
Shall Il the he c cRfso u Bismarck
become indebted IN an =
amount not exceeding
sessed Value sso 81 Tie IL "a, tasa iIe Il
property OF said city With Yrs
out regard to the existing
indebtedness Of such city. ~
Tor the purpose Of con-
structinE. 2 public build
ing to be used as an
armory. gymnasium and >r,E
auditorium. and Of pur.
l. chasing and acquiring !
site therefor. and OF enIin.
ping II furnishing ihe
sanlc" -
The polls at such spccia1 .,....
vii! be opened at nine n.ciaoE! e1tlcn
n Will close at seven o'cIock : :; n.
tSea,e NJ. II. ATKINSON. ~
" City Auditor.