Show to tho the taxpayers of cache county your count county ourt court submits to you tile fol following lowin facts cache co county anty las ras a pre present sent debt of GG drawing t an average aver a ge of ten percent per cent pr a n nun in interest selen of this debt seven thousand dollars was incurred neu rreLl prior to the year 1888 for tile improvement of roads road and bridges and tho the balance due on oil building n the comity court house since that year the roads and bridges all over ilic county have been materially improved new roads opened fi e large wooden and six large lare lar e iron ridges constructed besides the purchase lur chase of land and 1 for county poor farm and road purposes thus ind in casing the d debt abt to what it is at tit th present time the last logis Legis log legislature is laure ure havin having enacted a law auth oozing counties to issue bonds for the ithe purpose of funding outstanding g indebtedness iche bt edness thereby enabling them ilem to reduce tho the in interest te rest now id t alie le county court after due C consideration I 1 ile aati on unanimously ani adopt dil the following follo wim resolution on byj fth 1892 WHEREAS it is s necessary arid and desirable for this county to fund avid and average its existing xi sting indebtedness heretofore incurred for county purposes pur potes and to nake other needed county improvements im proven ants and reab the alie revenues offered b by reasonable are t to do the same row therefore be it Res resolved olred that this county borrow for avid purposes and that it issue its negotiable coupon bonds for said sun suai su n of money and that paid a id bonds aie le for 1000 each and bear interest at the rate of 5 I 1 per cr cent per anian payable semi annually and bo be made payable in in twenty years aftic date and bo it further Res resolved olred that the question of bonding tho the cobit courcy y for said sum of money be submitted to the resident taxpayers of tile the county at a election to be heia for that purpose 1 on oil the daya day of june A D I 1 which said election be held in each precinct at the usual place of holding elections elections i and the county clerk is croby required to give notice of baid 6 ai lection election e by posting po st notices in three conspicuous places in bac C i precinct of this county at leant leala 11 I 1 days before said election after a careful nd ind earnest consideration of the matter we ive have concluded to ask you to authorize us to issue bonds in tile surn sum of is as set forth in the above resolution which will enable vis us to pay our present indebtedness giving the county the use of the balance for further improving the roads ani and building additional bridges briddes in the county the interest on oil the 0 0 bonds to be sold will bo be 0 3 per annum whereas we are now paying interest wo we would thereby save 1475 interest a year and anal b have ave the use of 1 more money than under the present arra arrangement gement with which to make iulia public ic improvements prove proven ments lents really saving annually over 2000 interest on the present debt should the county be bonded as coil contemplated ten the tax levy will not lie be higher than it was last year by reference to the law lair which is published following 0 this address it irwill will be seen that the county court may issue bonds not exceeding one per ceri tuni of the ta taxable cable property within such county this would authorize us to issue bonds to the value of we ve hope that after you 11 have ac a C ear carefully invests investigated r abed the whole subject you will realize that your interests will be best sub served in voting for the issuing 45 of the bonds it at th the e special election called for the dav of june 1892 WILLIAM GOODWIN probate jud judge jude e IV D TUOMAS GRIFFIN WILLIAM HASLAM selectmen select men |