| Show FAVOR BONDING BON DINCi THE TOWN the money thus raised would pay off present outstanding warrants and extend the i I 1 waterworks as desired at the tho regular mating inting oc of ahn th wo wn board lait last monday e aning tig the tile question I 1 of bonding tile town I or tho th further nod 1 of the waterworks the tile coming summer and fall ws rs brough up and ills dis cussed at all it of tho 18 df cf thy board tai or the proposition atilde same will no doubt take slin pent the tile next board te under the lav the town to n tru steea by ota ote of the people chy creata create a bonded bondad debt up to 4 per cent of the assessed aase saed valuation for the tile ear ar previous to tho tile bond issue this valuation in price for 1905 oa ras which would give A revenue nt at 4 per aunt of with inith tills this amount raised d under the law the present indebtedness indebted of gibout would ha lim e to b be paid this three thousand colars liquidated there thera bould bo be left under the i 1 per cent tax about eight thousand dollars for the extension alon of the witter system nud ld which would bo be ample for its completion und and tho the further work planned on the reter reservoir voir tho tile bond bonds could unquestionably bo be placed at pur par at a rote rate of 5 to 4 per cent mut per annum the ann does not riot permit of their being sold under fco face nine to meet these bonds a inking sinking fund would be created orun ted tho the bonds may run for twenty eare ears of course they would bo taken up as its fust last though i 3 the tile re on aes ues of the town would permit the estinia estimated ted rental from water under tinder tho the extensions proposed would figure from twelve to hundred dollars yearly members of the board d belle believe e the people here favor the proposition all property may voto on the proposition aud ud is i majority vote is B it 11 mcdonald MoO onald nis iv givan the tile contract of elet taing oft off tho the camping grounds nt at price nt at seventy five dol larn lars |
