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Show A JOINT RESOLUTION proposing an amend- ment to Station 4, of Article 14, of the Constitution Con-stitution of the State of Utah, in rotation to the I Limit of indebtedness of Counties, Cities, Towns and school diRtrietH. j he it resolved by the Legislature of the State of Utah, two-thirds of all members elected to each of the twohouses concurring therein: ' Section 1, That it is proposrd to amend Section j 4 ol" Article 14, of the Constitution of State of Utah so that the same shall read as follows: Suction 4. When authorized to create indebtedness indebted-ness Hi; provided in Section 3 of this Article, no county shall become indebted to an amount, in-I'ludinff in-I'ludinff existing indebtedness exceeding two per centum. No city, town, school district or other municipal corporation, shall become indebted to an amount, including existing indebtedness, ex-cording ex-cording four per ceni um of the value of the taxable tax-able property therein, the value to be ascertained by the last ussessim-nt for State and County purposes, pur-poses, previouB to the incurring of such indebtedness; indebted-ness; except that in incorporated cities the assessment assess-ment shall be taken from t he last assessment tor city purposes; provided, that 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 citv of the st and second class when authorized autho-rized nsprovid ii Section three of this article, may I. allow1 ncur a larper indebtedness, not to exceed fou centum and any city of the third class, or Iwj. '-or. to exceed eiht. per centum : additional, for sup, .. hik such ciiy or town wiih ! water, artificial lirhts or sewers, when the worUs for supplying such water, litf.it and sewers, shall i be owned and cnn'rolled by the municipality. Section 2. The Secretary of State is directed to i cause this proponed amendment to be published 1 as required by the Constitution and to lie submit- ted to the electors of the State at the next pene- 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 (irst day of January, 1911. State of Utah, Office of Secretary of State. SS. I, Charles S. TmK'-iy, S-iCretary of State of t'.ie State of Utah, do hereby certify that the foregoing forego-ing is a full, true and correct copy of a resolution proposing1 an amendment to Section 4. of Article 14, of the Constitution of the State of Utah, in relation to the Limitof Indebtedness of Counties. I 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 Suite of Utah at Salt Lake City this 29th day of August A. D. 1910. C- S. TINGEY. Secretary of State-First State-First publication Sept 3. 1910 last Oct 29, 1910 |