Seward seaport record., 1951-09-12
NOTICE OF SPECIAL
 ELECTION


 1851, for the purpose of submit tlng to the qualified voters of said City, who are registered and qualified to vote in accord ance with the ordinances of the City of Seward governing cleo tions, the following question:
 Shall the City of Seward, Alaska for the purpose of ac- quiring all of the assets of the Seward Water Company, sole ly owned by Mrs. Jean E. Ihorne, enter into an agree ment with said owner to pay the total purchase price of Eighty Thousand Dollars ($8O,O0O.OO upon an install ment basis in monthly pay ments of not less than Seven Hundred Twenty Five l912o.OO) per month, without interest and without down payment; and for the payment ot said purchase price to pledge the revenue of said utility and as evidence of such indebtedness to issue bonds or such other security as to the Council may be deemed ap- proprlate, and issue said bonds either as separate series or Tn combination with other bonds to be authorized for the extension and improvement of said utility, all as authorizes by the Act of Congress an proved March 6, 1946. Chan ter g, 60 Stat. 33, said bonds or other security to be issued by subsequent ordinance or resolution of the Common Council of the City of Seward upon such terms, conditions. and maturities as may be or dalned by said Council.
 The polling place will be at the City Hall in the City of Sew ard, Alaska, and the polls will be open from 800 AM. until 700 r. M. of said day.
 Those persons who are citi- zens of the United States over the age of tWenty-one years, who are bona fide residents of the Territory of Alaska, and who have been such residents con tlnuously during the entire year immediately preceding the cleo tlon, and who have been such residents continuously for thirty dayS next preceding the election within the corporate limits of the City of Seward, who are able to read the Constitution of the United States in the English language, and to write the Eng llsh language, and who are reg lstered and qualified to vote in accordance with the ordinances ot the City of Seward governing elections, shall be qualified to vote at said election.
 No special registration for this election prior to the date there of shall be required.
 If majority of the voters at sad special election shall cast their votes in favor of entering into such agreement for tie puff pose of acquiring, expanding rehabilitating, improving and eS, tending the Seward Water Svs- tenn, and shall by such vote au- 1norlze the expenditure of Eighty thousand Dollars (S8O.OO0. .O0) therefor, then the Council of said City proposes to issue rev enue bonds or other security in the sum of Eighty Thousand Dollars ($80,O00.0O) secured onlv by a pledge of the revenue of said utility in the total principal sum of Eighty Thousand Dollars (S0O, 100000 which said sum shall pear no interest, or for such part thereof as the City Council of the City of Seward may deem necessary to accomplish the pur- poses of said agreement.
 This notice is given pursuant to the Act of Congress approved March 6, 1946, Chapter 52, 60
 Signed:
 EUGENE N. LANIER. (SeaD Mavor. Attest:
 SIGRID STEARNs,
 City Clerk.
 Sept. 5,12, '51