OCR Text |
Show Do it Resolved by tho Legislature ot Hie State of Utah, tvo-thir1j ot all the members elected to each of tho two houses voting in favor tborcof: Section 1. It is proposed to arccpO Section 4, of Artlclo 14, ot tha Constitution Con-stitution of tho biiae ot Utah, so thv tho same will retu as follows: I. When aut)i'.ri:cd to create Indebtedness In-debtedness us ituv I'ed In Section A, . this Artie, j, i;o county shall bo-tome bo-tome indebted en amount loolac!- ng existing iuOebtcdness, oxcoodlug pvo por centum. Au city, town, icbyol 'd'strict or other municipal corpora-Ulan, corpora-Ulan, shall bjcimo Indebted to ni tciioint, Induing existing Indebted-'(Ss, Indebted-'(Ss, oxceed'ng lour per centum il t to aluo of tho Ui'ablo property thoro in, tho valuo to bo oscortalned by the htst nssessmcH for Stato and Cojp-'-. purposes, pr,;--jfus to tho Incurring )! such Indobtedvi lb; except that in iiuorporated cities tho assessment stall bo taken fiom tho last. nss's-nient nss's-nient for city purposes; provided that lio part of tho lndobtodness allowed in this Section shall bo Incurred for 'other than strictly county, city, town, or school district purposes; provided further, that any city ot tho first class and any city of tho second class hav-'ing hav-'ing over 20,000 inhabitants, when authorized, au-thorized, as provided in Section 3, ot this Article, may bo allowed to incur a larger Indebtedness not exceeding four per centum additional and any city ot tho second class having less than 20,000 Inhabitants and any city of tho third class or town, when authorized au-thorized as aforesaid, may bo allowed to Incur a lnrger lndobtodness not exceeding ex-ceeding olgbt per centum additional lor tho purposo uf supplying such city or town with water, artificial lights or sowers, when tho works for supplying such wntor, lights, or sow-iers, sow-iers, Bhall bo owned and controlled by the municipality. Section 2. Tho Secretary ot Stnto is directed to causo this proposed amendment to bo published ns required re-quired by tho Constitution and to bo submitted to tho doctors of tho Stato nt tho noxt gcnoral election In tho manner provided by law. Section 3. It approved by tho electors elec-tors ot tho State, this proposed amondment amond-ment shall tako effect upon tho first day ot'Jnnunry, A. D. 1913. State of Utah, Ofllco ot tho Secretary Secre-tary of Stato, ss. I, Chnrles S. Tlngoy, Secretary of Stnto ot tho Stato of Utah, do horoby certify that tho foregoing Is a full, true and correct copy of a resolution proposing an amendment to Section 4. of Artlclo 14, ot tho Constitution nt the Stato of Utah, fixing tho limit ot Indebtedness ot counties, cities, towns and school districts. In testimony whorcof, I havo hero-unto hero-unto set my hand and affixed tho Great Seal ot the Stato ot Utah, at Salt Lnko City, this 22nd day ot August 1912. (SEAL), C. S. TINOEY, Secrotary ot Stato. |