The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1929-05-09
NOICE or

Notice is Hereby Given: That on Fri.
cial election will he held in the city
Of Bismarck. North Dakota. at the
several polling places i~ercinbefore
designated for that purpose, between
seven o'clock i. NJ. for the purpose of
submitting TO the voters OF such city
the following questions:
NuestI~n Nsnsher
Shall the city Of Bismarck. North
Dakota. approve the initial resolution
adopted by the board Of city conmis-
sloners OF such city on the 9Th day Of
May. 1929, declaring it cxpedient 10
~ An aggregate amount not exceeding
$f25. 600. 90, in the denomination of
$1,000. 90 each: payable at 4 single
maturity IN the year l343 with m
icrest not exceeding the rate Of five
per cent per annum. payable semi.
annually, the proceeds thereof 10 10
used for IN purpose Of constructing
81 public building to be used as an
arrnory gymnasium and auditorium
and OF purchasing and acquiring Il
site therefor and Of cquippinS and
furnishing h same
The initial resolution which Was
adopted by the board OF city commits
sioners Of said city on the 18th day Of
May. 1929, and which will be submit
ted TO the qualified voters of such
city at said election for their approval
or rejection. is as follows:
whereas, 1t has been determined
that it will be for the best interests
ri the city OF Bismarck. North Da.
kota. to construct a public bulidlng
for the purpose Of using the same as
All armory, gymnasium and audito-
rum and to purchase and acquire q
site therefor u the equipment and
furnishings thereof: and
whereas. It Is seemed exp~dient 10
issue negotiable bonds OF such city
for the said purpose:
the BOARD of city Commissioners of
the City Of Bismarck. North Dakota:
u. That II Is expedtent to issue ne
gotiable bonds of said city IN an ag-
10000 IN the denomination Of
81 100000 each, payable in a single ma
turity in the car 1919. with interest
not exceeding h rate Of five per
ally. the proceeds thereof to be used
Tor the purpose OF constructing a pub
lie building for use as an armory.
gymnasium and auditorium and Of
for and Of eQuipping and furnishing
"2. That the assessed valuation If
all 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
hereof, $7.033.1l3.OO.
" AnON SA0 OLIVES poiIAcl Ill
d~ebtedness Of such city for all pur-
poses Is .$47s. 10000. that the net
bonded indebtedness Of such city for
all purposes Is $395,922.7V. and that
city for tho purpose herein proposed
pr for any similar purpose, except
$4,000 Auditorium bonds.
- That the Issuance Of additional
bonds In the sum OF $l25, 900. o for
the purpose aforesaid will create an
aggregate bonded indebtedness OF the
city In excess OF the amount now
debt limit. and that it is necessary to
submit to the voters OF the city along
with the question Of issuing such
bonds the further question OF becom-
mount not exceeding three per cent
of the assessed value Of the taxable
property OF the city without regard
to the existing indebtedness thereon.
The form OF ballot to be used at
such special election for the purpos.
of submitting the foregoing Question
Number ! to the voters Of said city
shall be as follows:
Shall the city Of Bismarck,
North Dakota, approve the !.
initial resolution adopted
by the board. OF city COM
r~nissIoners Of such city on
the 9Th day Of May. 1879.
declaring IL e~xpedient 10
Of said city In an asEre-L 1rEs
ins sis5,ooo.oo.. in the de-
each. psy.bls At : : sinxis
maturity In the year 1919.
ms the rate Of five per
cent per annun. payable
semi-innuaily. the pro,
STRUGGLING . public building
to be used as an armory
gymnasium and auditori-
um and OF purchasing and
and OF equipping and FUR
niShing h same?"
Question Number 2
shall the city Of Bismarck become
three per cent Of the assessed value
Of the taxable property in said city
without regard to the existing In
6 DOB. of cons e .Hin city y y.;u fSr b : ,2nr.
to be used ~ an armoFy. gymnasium
and auditorium and Of purchasing and
acquiring q site therefor, and OF
The form. Of ballot TO be used at
such special election for the purpose
OF submitting the foregoing Question
Number 2 to the voters Of sai city
"ehall the city Of Bismarck
become indebted in an
amount Tot exceeding
three per cent OF the An
sesaed value OF the taxable
property OF raid city with YES
out regard to the existing
udebtednens OF such city.
for the purpose OF con-
strueting . public build
jng TO be used ~ an
armory, gymnasium. audit No
forum M city market,
and Of purchaSing and ac-
QMiring = site therefor. and
Of oQuipping and furnish
I tnG the sauie?"
The ino1le ut such special election
will k1l0o1nN4 1T nine o'clock A. N.
.som4s 11f 014U3 1t seven o'clock r. M.
9/e.3e City Auditor.
T1ost%oene aroo Of m American
rtn1o II uo6tog Than the combined
60 Gon4 ~ No1oA