Coulee City dispatch. [volume] (Coulee City, Wash.) 19??-19??, 1939-07-27

therefrom into, and to connection
with, the water distribution system
in said Town, cast iron pipe line
of sufficient size for the conduct OF
the water from said springs into the
said distribution system pipe lines
within said Town. and the present
distribution system pipe lines within
std Town shall be replaced by ether |
cast iron distribution pipe lines which |
shall DO acquired. laid, and in tailed |
in the various streets Of said Town.
of such size, dimensions and details
as are set forth and specified in GER
tain Map prepared by the Town En-
gineer: which said improvements as
thus stated shall be in their further
details as set forth and specified with
particularly on said Map and in the
detailed plans and Specifications, he:e-
tofore expressly adopted and approved
Ivy this Town Council and which are
now on file in the office Of the Clerk
CT the Town Of Coulee City, Wash
intcn; and adequate fire hydrants for
fire protection and water meters IL
sufficient number and suitable for
| measuring of the water supplied unto
said system to the various users there
Ct, all substantially as provided fo1
in the foregoing Map and Plans and
Specifcati shall be acquired and
installed as part of said eontem-
plated improvements; and the said
distribution system shall consist ct
cast iron water p'p-s of eight inch,
| six inch and four inch. dimensions, Of
of such other dimensions as may be
reasonably required by, and adopted
/ to- the needs Of distribution of waters
In the various parts Of said Town.
| For more particular and more detailed
!, description of the improvements con-
templated by said Plan, reference is
made to the foregoing Map and Plans
ard Specifications in une office Of the
Town Clerk and to the provisions Of
the foregoing Ordinance.
Upon the completion of the fore
going improvement tho said municipal
water works system as thus improved
shall be owned. maintained, controlled
and operated by said town as munic-
ipally owned utility. The estimated
cost Of the foregoing improvement 40
nearly as may be estimated and de-.
termined villa be $35.000.00.
1t is a part Of the Plan and Propo-
sition thus to be submitted to the cleo
crs of said Town that the Town shall
issue it's water revenue bonds in the
aggregate principal amount Of $685.,
I 10000, payable only out of the earn
ings and revenue arising from and
earned by said water works system
as thus improved, which bonds shall
mature and be payable serially and in
annual installments commencing at
the end Of two years after the date
Of said bonds until and including
twenty years after said date in such
annual amounts, as nearly as practic'
able, as will, together with the inter
est accruing on said bonds be met by
substantially equal annual payment
amounts during the life Of said bonds,
The denominations, and said bonds
in other respects. shall be as permit,
ted by Inv and as provided by the
Town Council and shall bear interest
payable semi-annually after date of
said bonds, at the rate Of not in excess
Of six Per centum (6 %) per annum.
The Town Council by, and in said
Ordinance, has created Special Fund
into which the Town has obi gatee
itself to cause to be set aside and tc
be paid into said Special Fund ou,
of and from the gross revenues of sale
water works system yearly, and a
monthly intervals therein, an amount
sufficient to fully pay the foregoing
p incipal amo UNITS and TIE interes
thereon al they become payable.
The Proposition Of the adoption O.
said plan of improvements and of TIN
issuance Ct said binds shall be sub
nitted upon the official ballots at sai'
election in substantially the following
language, viz:
OFFICIAL BALLOT
PROPOSITION SUBMITTED
"Shal the Town of Coulee City
Ratify and adopt the Plan fos
the Improvement of the existing
Municipal Watar System Of said
Town, and issue ito Water Rev
enue Bonds in the principal
amount Of $35,OO0.00, payable
only out Of the earnings and rev.
enues Of said water system, TO
pay the cost and expense there.