Show M iii Tl Ordinance An Au ordinance providing for and andi i a special election for tho the purpose of submitting to the tho electors elector of tf Ephraim city Ut h. h t the e of Incurring a tit bonded i indebtedness to the tho amount of r Twelve T Thousand doli dol- dol i Tars dars for or the tIlt purpose e of e establishing establish establish- ring ling an 11 electric light plant to be owned r-owned an controlled by said Ephraim Cl city Y Bo Bu it ordained by the city council coun- coun cil of Ephraim city Utah SECTION N That NTh I Th That lt there is an im- im c Iud pressing necessity for forI I Ephr Ephraim im city to ht have hayo vo own and control au an electric leotric light plant for I f supplying said city and tho the inhabitants int in- in t habitants thereof with artificial i light I SECTION II- II That u That to establish w SV w i N said plant an and install a proper i system o of artificial i light sult suitable blo i to the tho demands of the city will require the expenditure of a sum pf of money maney approximating Twenty Thousand dollars SECTION III 11 That IU-That That That there are not sufficient funds fonds in the city treasury to defray said said sard expenses and that in order orter to meet said expenditures in establishing said aid electric electr c li light ht plant it is necessary for Ephraim city eity to incur a bonded indebtedness indebted indebted- ness noss to raise the funds required in establishing said electric light t f t r SECTION That That IV That in pur pursuance pursuance y f and of the to sections 08 Revised Statutes of Utah of 1896 Jt it is hereby ordered that a n special n election b be held beld in Ephraim city Utah on the day of April A.D. A.D. A.D. A. A D. D 1905 for the purpose o of sub sub- mittin emitting to such qualified electors as shall have paid a s property tax taxi h L i t in said city in the tho year 1904 the question of incurring a bonded indebtedness indebtedness indebtedness in- in in the sum Bum of Twelve Thousand dollars for the purpose of defraying the expenses J in establishing a suitable and proper pro- pro per por system of electric electrio lights for forthe tho the city of Ephraim Said system and plant to be owned and con- con by Ephraim city Said bonds shall bear interest at ata I a 8 a rate late not to exceed 5 per cent per I f anum which interest shall shull be payable payable payable pay- pay able semi annually and said faid bon bonds s I shalla become duo due and payable at atthe atthe atthe the end and of twenty years from the j date of issue with tho the option l' l re served to tho the city to pay or refund the tho same at any anytime time after the expiration ox- ox pir tion of 10 years after the tho date of issue and shall be of such denomination do do- nomination or denominations as the city council may hereafter y determine and the net revenues of said electric li light ht system shall be set apart for and shall bo be a sinking fund for the payment of j said bonds and the interest thereof Said election shall be conducted According to the statutes and laws t rl I S 1 l f 47 Else 1 of Utah and shall beheld in manner and form provided thereby SECTION V Tho V-Tho Tho Mayor and city Recorder of Ephraim city Utah are hereby directed to give duo due and proper notice of said special election by a publication thereof thereof-in in the Ephraim Enterprise for four successive weeks and also by posting pasting notices notice thereof in four public c places within said city for four so successive weeks prior to the tho date of elect election on SECTION VI This VI-This This ordinance shall take effect immediately upon its passage and approval Passed by the city council of Ephraim city and approved by bythe bythe bytho the tho Mayor thereof this day of March A. A D. D 1905 C. C R. R Romus Attest Attest Attest- City Mayor JAS JAB FROST City Recorder State of Utah county of Sanpete Sanpete Sanpete San- San pete and city of Ephraim ss I J James Frost city recorder of Ephraim Utah do hereby certify that the above and fore foregoing is a full true and correct copy of an ordinance entitled An ordinance providing for and ordein ordering a special election for the purpose of submitting to the qualified electors of Ephraim city Utah the question question ques ques- tion of incurring a bonded indebtedness indebtedness edness to the tho amount of dollars for the purpose of establishing establishing lishing an elec electric ric light plant i ibe tobe to tobe be owned and controlled by said said Ephraim sed by bythe the city council of Ephraim city Utah March 15 1905 and approved by bythe bythe bythe the Mayor March 15 1905 as appears appears appears ap ap- pears of record in my office In IIi witness whereof I have hereunto hereunto here- here unto set m my hand j j SEAL j and affixed the tho cor cor- v seal beal of said city this 15 day of March 1905 JAMES FROST City Recorder |