The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1933-01-27
Respectfully submitted,
The Committee of the Whole.

| Moved by Alderman KoSchak, sup
ported by Alderman Kapsch, that the
report of the Committee of the Whole
be accepted and filed, and the recon-
mendations carried out. Carried.
Moved by Alderman Kapsch, sup
ported by Alderman Koschak, that the
matter of another entrance to the Jail
in the rear of sthe City Hall building
be referred to the Parks, Grounds and
Buildings Committee to investigate and
report at the next regular meeting.
Carried.
Moved by Alderman Koschak, sup
ported by Mayor Harri, that the Super
intendent of the Light and Water De-
partment be instructed to submit a
plan and estimated cost of alterations
to the street lighting systems so as to
make them more efficient and econ
omical, and to report as soon as pos
s1ble. Carried
| The City Engineer was instructed to
submit plan for the redistricting of
the election precincts in the City and
to report at the next regular meeting
WHEREAS 1t is the opinion of the
City Council of the City of Ely that the
financial condition of said City demands
issuance and sale of certificates of in
debtedneSS on the several funds of the
City of Ely mentioned hereinbelow in a
total sum of One Hundred Forty-Four
Thousand Dollars ($144, 100000, and,
WHEREAS Section 70 of the Charter
of the City of Ely gives the power and
right to the City Council of the City
of Ely, upon a majority vote of said
council, by resolution, to issue and
sell certificates of indebtedness an any
and all funds of said City in an amount
equal to fifty per cent 5000 of the
levy made and spread by the County
Auditor for said fund, in anticipation
of the receipt of the monies levied into
the particular funds, and,
| WHEREAS The tax levy for 1888 as
spread by the County Auditor shows
the amount levied for the particular
funds on which certificates of indebted
ness are to be issued to be as follows:
General Fund, ............. .$204, 1856 II
Court and Police Fund, ...... 25,052 33
Fire Department Fund, ...... 1909 10
Light and Water Fund, -. 47,O68 OF
NOW, THEREFORE, BE 1T RE-
SOLVED, BY the City Council of the
City of Ely, meeting in regular session
this 18th day of January, 1888, that
certificates of indebtedness on the fol-
lowing funds in the amount set OPP
posite each fund be issued and sold in
anticipation of the collection of monies
levied for said funds for 1888, to-wit:
General Fund, ..............$ 102, 900 90
Court and Police Fund, ...... 12,5000O
Fire Department Fund, $3.50. 100000
Light and Water Fund, .. $500 90
BE 1T FURTHER RESOLVED That
the proceeds of the sale of said certifi-
Gates of Indebtedness be deposited to
the credit of the particular fund on
which the certificates were issued, each
certificate to bear interest at the rate
of six per cent (69o) per annum, each
certificate to be for the sum of five
hundred dollars ($5000O), the certif1-
Gates from the particular funds to be
so separately designated and numbered
from one up consecutively, and
Be 1T FURTHER RESOLVED, That
each certificate shall bear on it's face
for which funds the proceeds and the
sale of such certificate shall be used
and also the whole amount implaced in
such fund as per the levy spread by the
County Auditor, and
BE 1T FURTHER RESOLVED, That
the various funds on which certificates
are issued and sold shall be and are ir-
revocably pledged to replace said certifi-
Gates of Indebtedness by December 31st,
1888, with interest ait not to exceed
six per cent 500 until paid, and,
BE 1T FURTHER RESOLVED, That
the proper City officers of the City of
Ely shall be and are authorized and
directed to have prepared and are auth
orized and directed to execute and sell
said certificates of Indebtedness as here
| in provided for.
The foregoing resolution was moved
by Alderman Kapsch, seconded by AL
derman KoSchak, and declared carried
upon the following vote:
Ayes: Aldermen Banovetz, Carlson
Kapsch, Koschak, Tauzell, Thompson,
Mayor Harri.
Nays: None.
Moved by Alderman Koschak, sup
lported by Alderman Kapsch, that the
meeting adjourn until 800 o'clock P.