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Show A JOINT RESOLUTION proposing an amend-ment amend-ment to Section 4. of Article 14, of the Constitution Con-stitution of the State of Utah, in relation to the Limit of indebtedness of Counties, Cities, Towns and school districts. He it resolved by the legislature of the State of Utah, two-thirdsof all members elected to each of the t wo houses concii n j ng t herein: Section 1. That it is proposed to amend Section J r.f Article 1 4. of the Constitution of Stale of Utah so that the same shall read as follows: Section I. When authorized to create indebtedness indebted-ness as provided in Section 3 of this Article, no county shall become indebted loan amount, in- j chiding existing indebtedness exceeding two per j centum. No cilv. town, school district or other 1 municipal corporation, shall become indebted to j an amount, including existing indebtedness, ex- j ceeding four per centum of the value of the tax- I able property therein, the value to be ascertained I by the last assessment for State and County pur- ; poses, previous to the incurring of such indebtedness; indebted-ness; excepi that in incorporated eil ius the assess- ; ment shall be taken from the last assessment for city purposes; provided, thai no part of the indebtedness in-debtedness allowed in this section shall be incurred incur-red for other than strictly county, city, town or school district purposes.- provided further, that ; any city of the first and second class when authorized autho-rized as provided inSecLion three of this article, may be allowed to incur a larger indebtedness, not to exceed four per centum and any city of the third class, or town, not. to exceed eight per centum additional, for supplying such city or town with water, artificial lights or sewers, when the works for supplying such water, light, and sewers, shall be owned anil controlled by the municipality. Section 2. The Secretary of Slate is directed to cause this proposed amendment to be published as required by the Constitution and to be submitted submit-ted t" the electors of the Suite at the next general gene-ral elect ion in the manner provided bylaw. Section 3. If approved by the electors of the State, this propos-'d amendment fhall take effect I on the first dav of January. 1'JU. ! State of Utah, i Office of Secretary of State. SS. I I. Charles S. Tmg.-y, S 'CieLary of State of the 1 State of Utah, do hereby certify that the foregoing forego-ing is a full, true and correct copy of a resolul ion : proposing an amendment to Section 4-of Article 1 11, of the Constitution of the State of Utah, in i relation to the Limit of Indebtedness of Counties. ! Cities. Towns and School Districts, passed by the , Eighth Regular Session of the Legislature of this 1 state. In testimony whereof 1 have hereunto set my hand and affixed the Creat Seal of the State of Utah at Silt Lake Citv this 29th day of August AD. 1910. : 50-3 C S. TINGEY, S-cretary of State- |