Salt Lake Telegram | 1931-09-23 | Page 9 | Date Set for City Vote on Relief Bonds

O T T f R 1 i CT OT TE N B NO Election Is Tentatively Announced Announced Announced An An- for Oct 24 by byCo Co Commission m m i S SI 0 fl The tentative date for tor Salt Lakes Lake's bond election to raise funds for tor un unemployment unemployment un- un employment rell reli relief was set for un-I un October October October Oc Oc- Oc- Oc tober 24 Thursday b by the cit city comm com corn m mission lon The Thc county commission which met Jointly with the city commission slon an- an announced an an- that It would not hold a b bond bend nd election to ral raise e relief funds Instead the county commission has devised ways and means of definitely definite definite- ly raising at least and probably probably probably ably for relief relict projects Chairman B B. B F F. Quinn said Both boards of or commissioners metat met metat metat at the Mr Quinn Commissioner Commissioner Com Corn missioner Charles N. N Fehr was chairman chairman chairman chair chair- man of the elt city commission in the absence absence absence ab ab- ab- ab sence of Mayor Maor John F F. Bowman WILL WIIL ASK The city's bond election will wUl ask taxpayers to authorize in general obligation atlon bonds The funds however will wUl be expended almost entirely en- en on a huge storm sewer project plans for which are being completed at st the city engineers engineer's office I Final decision on the election is I expected to be reached at Thursdays Thursday's meeting In calling for tor contractors' contractors bids for forthe forthe the he sewer projects the city commission commission commission commis commis- sion will wUl specify that all trenches un- un Continued on PUt Page Sixteen a. a DATE SET F R CITY VOTE ON N RELIEF BONDS BOND Continued front from Page Puo Nine der dei a specified size sio be dug dug by hand and that that filling back back fUig for all al trenches regardless of or size sie be b done by handIn hand In this thi manner hundreds hundred of men ou out of or employment are ae expected to b be given work work Such specifications will wi L make the contracts contract more costly It was wa pointed out out COUNTY COUTY FUND FU SOURCE Mr Quinn indicated the county's couty's relief rence funds would be raised in th the following manner from tax anticipation not notes 5 by r resellIng resellIng resell resell- Ing bonds matured early ealy from general revenue which has ha aready al already already al- al ready set up in the 1931 budget fo for maturity of bonds due next spring and or in credits credis with wih the state road commission The latter later figure is entirely tentative tenta tenta- tive according to t Mr Quinn but wilbe will wil willbe wi be decided upon at a conference o of county and state stat road rad commissioners Wednesday evening Funds Fund from all al other othe sur sources s will wil willbe 11 be available immediately The Te Initial Is part par of or the loan of 1200 00 on tax anticipation notes note made a atthe at atthe the first fist of or the year and an not used because of rigid economies economics in county expenditures The Te bonds which will be resold were were matured natured early last lat year when county i officials took tok advantage nd of market marke I conditions and bought in their own securities with surplus funds fund