Show SEEKS TO RAISE BONDING LEMIT In order that Bait Lake City may Issue l bonds for tho purchase of reservoir-sites and water sources an amendment to the state constitution Is proposed which will permit the city to Issue bonds to the value of S per cent of the valuo of taxable taxa-ble properly for this purpose. The constitution con-stitution ut present limits the bonded Indebtedness In-debtedness of the city for this purpose to I per cent. A resolution proposing tho Amendment to the constitution to make I the Increased indebtedness possible was Introduced yostorday In tho scnatc by Beunor X. Smith of Salt Lake. |