Seward seaport record., 1951-09-05
NOTICE OF SPECIAL
 ELECTION

A special election will be held in the City of Seward, Alaska, on the 17th day of September, 1851, for the purpose of submit ting 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.
 Thorne, enter into an agree
 ment with said owner to
 pay the total purchase price
 of Eighty Thousand Dollars
 ($80,000.0O upon an install
 ment basis in monthly pay
 ments of not less than
 Seven Hundred Twenty Five
 (S725.0O per moHth, without
 interest and without down
 payment; and for the payment
 of 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-
 propriate, and issue said bonds
 either as a separate series or
 in combination with other
 bonds to be authorized for the
 extension and improvement of
 said utility, all as authorized
 by the Act of Congress, ap-
 proved March 6, 1946, Chap
 ter 52, 50 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
 dained 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 500 AM. until t'oO .Afl. Ol SdlU CdN.
 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 tinuously during the entire year immediately preceding the eIec- tion, and who have been such residents continuously for thirty days next preceding the election 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 fish language, and who are reg istered and qualified to vote in accordance with the ordinances of 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.
 Ii majority of the voters at said special election shall cast their votes in favor of entering into such agreement for the pur- pose of acquiring, expanding, rehabilitating, improving and ex- tending the Seward Water Sys- tenn, and shall by such vote au- thoriZe the expenditure of Eighty Thousand Dollars (S80.O0O. .OO) then the Council of said City proposes to issue rev enue bonds or other security in the sum of Eighty Thousand Dollars (S80,000.00) secured only by a pledge of the revenue of said utility in the total principal sum of Eighty Thousand Dollars ($80, ,O000O which said sum shall bear 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 Stat. B.
 Signed
 EUGENE N. LANIER, (SeaD Mayor