Show THE BOND ELECTION WILL BE HELD ON AUGUST TWENTY SIX Many Ian Myton Citizens Want to Know What the Eight Thon Thousand Dollars Will be Used For I As the time f for tor r the bond election j which will bo be held on August 26 draws near near many are making inquiry Inquiry Inquiry In In- as to why it should be voted The people want to know what the money will be used for and why itis It Itis Itis is needed at this time The Free Press requested the town clerk to furnish Inform information ion that would answer answer an an- I an-I the many questions being asked asked asked ask ask- ed and let the voters know the cause for the tho holding of oC the election The following Is a condensation o of the clerks statements One thousand dollars needed to pay contractor Lymann beCore before before be be- fore Core system can be used No money on hand due the bank 20 owed for labor funds from tho the general fund spent on water system no money to pay town clerk city fathers marshal or for lights etc Lights will have to be shut off etc Interest on present outstanding ing bonds is GOO additional 8 8 bonds will Increase taxes twenty-five twenty cents per also will will extend the mains so all can have water complete the system will be nearly self supporting by extending mains north and south on Second street north on Sixth Eighth and Tenth streets everybody everybody everybody every every- body will receive the benefit This will be a fine town without wIth wIth- out lights The town town board board Is not not- turning them ot oft off because the town went dry but because they have no money to pay for any any- thing The taxes for general purposes pur pur- purposes ur- ur poses only bring in about per year ear so the debt limit which the town can borrow is only or o 0 |