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Show CITY AnORNEY EMUS III . OFILS Tells Senators Measures Are Needed to Guarantee Improvements The greater part of this morning's x-ir.n of the I'tah state senate was i.i'cn up with nn explanation by City Ml.nid n Salt like I of senate hills, Nos. 17. 78 ;ind 73. 1 . . ..ti improvement guar- " funds, special improvement j !it:d and special improvement dis- ' City Attorney VoMand was called upon by Senator I'eters, author of the three measures, to explain to the senate sen-ate what would be accomplished in special improvement reforms. Senator I'eters bills, according tothe Sail Lake official, are needed to curh spee-unltion spee-unltion in city improvement warrants and to create a guarantee fund that w.Il stop depreciation in the warrants fir bonds issued to pay for special 1m- i provements, such as paving, sidewalk and the like. GUARANTEES WARRANTS. Senate bill No. 77 proposes to levy a tax of 1 mill t'i create u fund to lake tare of improvement w arrant a. Mr. i f'olland explained that stub a taxi would in all probability have to le levied but once in the smaller commu- i nities and an even less amount in Salt! Lake. He said such a fund would in- j sure the payment of defaulted special I taxes and tend to bring lower bids j l-4 from contractors through lack of fear 1 that warrants would not be paid. "The bill will make special improve- nient paper worth 100 per cent; stabilize sta-bilize the value of warrants and go I far toward removing speculation and the speculative value of warrants," said Mr. Follnnd. j The three measures were placed on their third reading by the unanimous! vote of the senators present following j the answering of ininy queries by the ! Salt Iake c ity attorney and the author of the bills. TEACHERS' FUND. Senator Kinney requested that action ac-tion on her bill relating to the teachers' teach-ers' retirement fund be deferred pend- I ling the producing of figures from the ! commissioner of education. She ex- plained that that official was out of; i the city. This is the teachers" pension ! bill that aroused such opposition I'n-; dav when up for Its third reading. ! I Senate mil .no. iy i-eiers. auten'i-ing auten'i-ing the law relating to the time of t 4 making and the amount of city and j town tax levies was pissed by a vote of 15 to 1. The amendments provide that tax levies on real and personal property in cities of the third class and second class shall be made before ! the second Monday in August by city councils and city commissions respec- tively. Cities of the first claet are sim- i Marly affected. Senate bill No. 6"i, by Jenkins, relating relat-ing to inheritance taxes and providing provid-ing that the attorney general be notified no-tified five days in advance of the withdrawal of the contents of safe deposit de-posit boxes held Jointly, was pi iced on ; its third reading by u vote of 13 to 2.1 |