Salt Lake Telegram | 1916-02-28 | Page 2 | City Cannot Issue Bonds for Paving

tr N ISS E I BONDS FOR P PAVING VING Harper J T DIninny city attorney to today today today to- to day rendered an opinion to Commissioner Commissioner Commis Commis- Heber M M. Wells of the department department department depart depart- ment of streets and public Improvements Improvements Improvements Improve Improve- ments that the city cannot legally issue worth of paving bonds to de defray defray de- de fray the city's portion of cost of pavIng paving payIng pay pay- Ing this year The attorney declares that the city cannot Incur an indebtedness greater than the amount of its revenue from fron taxation without submitting the bond Issue to a vote of the people and nd he says that the city has not sufficient margin in the limit of its bonded In Indebtedness Indebtedness indebtedness in- in for paving purposes to even submit the matter to a vote Hence he holds that the city cannot issue paving RavIng bonds this year The matter has been under consideration consideration consideration consid consid- by Commissioner Wells and others of the commission as a means of furnishing funds to do more mor paving this year as the total amount for paving paving paying pay pay- ing this year which the city can provide provide provide pro pro- vide from its taxes is only about The opinion of the attorney is to be taken up for consideration by bythe bythe bythe the commission in th the near future