Show Hearing Set On iH nH T X Bond Vote A public hearing will be held Tuesday March 25 at the Woods Cross City Hall at 1555 South BOO W W. for the purpose of answering questions and discussing dis discussing dis- dis cussing the Storm Sewer Bond election to be held March 28 The proposed storm sewer system system system tem is the first phase of a five point program planned for Woods Cross City MOST WOODS Cross residents residents residents resi resi- dents know that flooding is an annual problem for F many any of our citizens Extensive damage damage damage dam dam- age to property and inconvenience inconvenience inconvenience incon incon- to residents is fre fre- fre- fre quent The area within the city limits is rapidly changing from agriculture to residential and industrial usage so that in increasing increasing increasing in- in creasing amounts of land surface surface surface sur sur- face is now streets driveways parking areas and strictures TIn Till STORM 1 runoff i is very extensive and has become a serious hazard to property lying lying lying ly ly- ly- ly ing in its path New storm drains must be installed to carry the runoff to a point where it can be safely disposed of The hundred hundred hun hun- dred thousand dollars of bond proceeds if voted would be used to construct storm sewers with the greatest priority Contributions Contributions Contributions Con Con- from Federal agencies agencies agencies agen agen- cies will also be sought for future storm drainage con- con PROPOSED construction and cost estimates include catch basins storm drain pipes and in some areas west of west open channel drains The proposed bond issue can be paid from the existing mill levy in the city without an increase increase in increase in- in crease in taxes This is possible possible possible pos pos- sible because the growth of the City's assessed valuation permits permits per per- mits the exi exist inu 8 mill lev levy for outstanding water bond repayment repayment repayment re re- re- re payment to cover not only the obligation but the payment of oC principal and interest on the new storm sewer bonds as well BASED ON the City's 1968 assessed value of the average yearly principal and interest requirement of oC can be met from the existing tax levy Only those who are registered register register- ed electors and aid who have paid a property tax within the 12 months preceding election may vote Spouses who do not appear appear appear ap- ap pear as title owners and contract contract contract con con- tract purchasers may not vote VOTING WILL take place on Friday March 28 at the only polling place the thc new City Hall 1555 South West in Woods Cross The polls will be open from Crom 7 am a.m. to 8 pm p.m. on election da day I |