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Show n _ _ _ _ . . _ _ _ _ _ _ _ _ _ . _ _ _ _ _ _ t . . . - - - - - - - - - - - - - - - - - _ - - _ - . . - , r-a---- r a ranr . - . - - . - - -n--r n r - . - - . p . 'to to ' * I The Hospital Bond Election + - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - The following statement has been issued by theboard the thebord theboard bo\rd bo rd board . \ of county commissioners commiss1oners relative relahve to the tre I ospital os ospltal ospita pltal pita ! bond election to be held In Grand county Cunty ( ) tomorrow to tomo tomorrow mo morrow > rrow ( Friday ) The boaid boald of county commissioneis commlSSIOnelS commlssloneis of ofGrand ofGrand ofGrand Grand countv county has called caned a bond election clechon fOl foi foiFridw fOlFnda foiFridas Fnda\ Fnda Fridas FndaSeptember \ September 30 for the purpose of ofsubmItting ofsubmlttlng ofsubmitting submItting submlttlng to the qualified quahfied tax paying paymg paylng elec electors electors electors nethI tors of Giand Gland county the ques question Ion of v . whether neth heth nether hether I er Gl Giand and counts count ; : } shall shan issue Grand c.ounty county . countyhospital c.ountyIhospltal Ihospltal hospital $33-000 $33 33 000 revenue bonds in m the sum of $33- $33 33 $331000 $ 33 - 1000 000 for the purpose of defiaying deflaymg in 111 lfl part thecost the thecost thecost cost of constmcting constiucting consh uctmg and furnishing furmshmg a cornplete com corn complete cornplete plete public pub he hospital foi fOl Grand county coupt countyIf couit couitIf : } If the vote is 1S in 111 lfl favor of the issuanceof Issuance Issuanceof issuanceof of the bonds and the pioject ploJect is appioved apploved byThe by byThe byThe The WPA WP A the bonds will viIl be sold to theUnited the theUmted theUnited Umted United States government at par . ind 1.nd 1nd md wIll wIllbear willbear willbear bear interest mtere"t mteret intereit : " , at the rate of not to exceed exceedfOUl exceedfoui exceedfoul fOUl foui (4) 4 ( ) per cent per annum The bonds wIn vil1 wInbe willbe vil1be be payable within wIthlll tss \ t\\ent t ent \ \ ent ; : } foul foui years after afterthen afterthen afterthen then I issuance suance The re retirement Irement of < vf the tho bond bonds HnnrK : , win WIll not commence un until hI 1941 which mil WIn will en enable enable enable able the hospital fund to accumulate a re reserve reserve reserve serve during a period of t\\o t o h\o h tco \ \ yeais yeals yeats so as tomeet to tomeet tomeet meet the first bo'nd bond boThi bo ld ' payment in 111 1941 To theamount the theamount theamount amount to be expended e\.pended e.pended e .pended pended e\pended ' \ . by the county theUnited the theUmted theUnited Umted United States government will add a gift ofapproximately of ofapprO.lmately ofapproimateIy apprO\.lmately apprO.lmately apprO .lmately lmately approimateIy ' \ . $27000 27000 $27 27 $ 000 making makmg a total ex-pendituie ex pendituie e\ e ependrtme e ' \ . - - . pendrtme pendxtuie that will wIII go into mto the new hospitalof hospItal of appioximateb applo\.Imatel applo.Imatel applo .Imatel Imatel appio'umateI appioumateI ' \ . ' : } i$60 i60 $60 60 $ | $ GO 000No 000No 000 000No No pal pait palt t of the bonds to be issued lSsUed WIn wIll WInbe wIllbe willbe be made a charge upon the taxable levenues ievenues levenueslof ievenuesof levenuesof lof of Grand county The county is proceedmg proceeding proceedmgI proceedmgundel proceedingundei proceedingundei undel undei what is commonly known as the theGlanger theGianger theGi I Glanger Gianger anger act or revenue bond act of 1933 of ofthe ofthe ofthe the Utah la\\ la Ian laThe la \ " \ The act specifically speclficany providesthat provIdes provIdesthat providesthat that bonds issued puisuant pulsuant pm suant thereto shall shan bepayable be bepa bepaab1e pa paab1e ) able solely solel3 solei ) from the net revenues of theproject the theproject theproject project and in m n no c C'lse Clse cise ' se can the principal prmcpal ) orinterest or ormterest orinterest mterest interest of such bonds be made a charge upon up upon upon on the taxable ta\.able ta.able ta .able able ' \ . revenues of the county Thebonds The Thebond Thebonds bond bonds : . to be ) issued , > sued aie ale revenue reve.nue . bonds and andnot andnot andnot not geneial genelal obligation cbhgahon bonds The revenues revenuesIfrom revenuesfrom revenuesfrom Ifrom from the pioposed ploposed new hospital will WIlJ vill go to - . - - - - - - - - - - - - - - - - - - . T maintainingthe mamtammgthe ward the co&t cot cOot & : of operating operatmg and mamtammg the same and toward the retnement retiiement ofbonds ofbondsThe of ofbonds ofbonds bonds bondsThe The proposed plans for the new hospitalpiovide hospItal hospItalplOvlde hospitalpiovide plOvlde piovide for a thirty bedinstitution bed institution InstltutIon complete completecsith completewith \ equipmentSeveral csith \ Ith furnishings furl11shmgs fuinishings ; and modem modern eqUIpment Several Severalothel Severalothei othel othei features are included mcluded whlCh which whlChWIll whichwill whichwill WIll make the hospital one of the best in 111 our ourstate ourstate ourstate ourstateThe state stateThe The project , if approved must get un- un under un under - . der construction constructwn by January 1 , 1939 WhICh WhIChw11I whichwill whichwill w11I will tend to provide employment for a anum anumbel numbei num numbei bel bei of Grand county cOllnty cotnty , , residents dunng dUllng duling thewinter the thewmter thewinter wmter winter months monthsA A careful investigation mvesbgahon of the financialcondition financIal financIalcondlhon financialcondition condlhon condition shows that the hospital hospJtal can beself be beself beself self sustaining susta mtng It would take considerabletime consIderable consIderablehme considerabletime hme time to explain expla111 the fin-incmg fin incmg fil1'lncmg fil1lncmg finincing ' - of the hospJtal hospital hospJtalbut hospitalbut hospitalbut but the information mfOlmatIOn has been compiled and andis 15 ) S open to public pubhc examination exammabon at the law of of office , . , fice of Mitchell MelrchA MelichA Melich Melrch MelichA A source of revenue which will greatly greatlyassIst greatlyassist greatlyassist assIst in m the financing financmg of this Pr project JJect < is 1S the thepresent thepresent thepresent present hospital bmldmg blUldmg biulding The present bUIld bUIldmg building building mg ing if ) f a new .new . hospital is constructed conotructed conitructed : can berented be berented berented rented or sold and ajid , the proceeds applied apphed toward to to"ard toward "ard ard ward " the payment of the proposed ho&pitalbonds hopitalbonds ho&pitalbondsSince hopltal hospital hopltalbonds hospitalbonds & : , bonds bondsSmce bondsSince Since Smce Grand county entered into mto a medical medl mcdi medlcal mcdical cal co opela opeiative opetative ve agreement with w1th the people peopleof peopleofSan peopleof of ofSan San Juan county the facilities faclhtles of the pIe pIese piesent piesent se sent t hospital hospltal have been limited hmlted ItIS It is also alsoplOpoced alsopioposed plOpoced 1 oposed ; that a co cooperative operah\ operah operahe operati \ e agreement agreementsimilar , sImilar to that entered into mto with the people peopleof peopleof peopleof of San Juan county , will w111 be put into 1nto ' effect m ui mGrand uiGrand inGrand Grand ( bounty ounty county at an early date It is iser ' \er er \ er ; ) evident therefoic therefole therefoie thatuth that \ with \uth uth sslth medical and andhospItal andhospital andhospital hospItal attention now being bemg or to becomewithin become becomewithin wlth111 within the reach of all alJ the people eople of southeastern south southeastern southeastern eastern Utah because of medical co opeiatne opel opeia opeiatle a atne tne tle agreements that the need for a largerhospital larger largerhospItal largerhospital hospItal and better facilities is now upon usSo usSowhy us usSo usSo So Sohy , \ -why why \hy hy - \ % not make Giand Gland county coupty couity the hospItal hospItalcentel hospitalcentei hospitalcentci centel centei of southeastern Utah 9 ? " 9Vote Vote ' 1 1 e es < ; on September 30 , 1933 |