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Show A JOINT RESOLUTION proposing an amendment 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, j Ho it resolved by the Legislature of the State '. f Utah, two-thirds of all members elected to each 1 of tho two houses concurring therein: i Section 1, That it is proposed to amend Section i 4 of Article 11. of the Constitution of State of Utah , so that the same shall read as follows: ! Section 4. When authorized to create indebtedness indebted-ness as piovided in Section 3 of this Article, no county shall become indebted to an amount, in-! in-! eluding existing indebtedness-exceeding two per ! centum. No city, town., school district or other ! municipal corporation, shall become indebted to an amount, including exist ing indebtedness, exceeding ex-ceeding four per centum of the value of the taxable tax-able property therein, the value to be ascertained ; by the last assessment for State and County pur-: pur-: poses, previous to the incurring of such indebted-, indebted-, ncss; except that in incorporated cities the asserts- ment shall be taken from the last assessment for city purposes; provided, that no part of the in-i in-i debtedness allowed in this section shall be incur-I incur-I red for other than strictly county, city, town or I school district purposes, provided further, that i any city of the first and second class when autho-: autho-: rized as provided in Section three of this article, i may be allowed to incur a larger indebtedness, not j to exceed four per centum and any city of the i 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 I for supplying such water, light and sewers, shall be owned and controlled by the municipality. Section 2. The Secretary of State is directed to cause this proposed amendment to be published as required by ihe Constitution and to be submitted submit-ted to the electors of the State at the next general gene-ral election in the manner provided by law. Section 3. If approved by the electors of the State, this proposed amendment shall take effect on the first day of January, 19U. State of Utah. Office of Secretary of State. SS. 1, Charles S. Tingey. Secretary of State of the State of Utah, do hereby certify that the foregoing forego-ing is a full, true and correct copy of a resolution proposing an amendment to Section 4, of Article 14, of the Constitution of the State of Utah, in relation to the Limit of Indebtedness of Counties, Cities, Towns and School Districts, passed by the Eighth Regular Session of the Legislature of this state. In testimony whereof I have hereunto set my hand and affixed the Great Seal of the State of Utah at Salt Lake City this 29th day of August A. D. 1910. 50-8 C- S. TINGEY, Secretary of State. |