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HomeMy WebLinkAbout83aRESOLUTION NO. 83a BE IT RESOLVED BY THE COUNCIL OF PUEBLO: That the City Clerk of the City of Pueblo is hereby instructed to prepare for use at the General City Election to be held November 4, 1919 in the City of Pueblo, separate ballots for submitting the proposition to the qualified tax paying electors in the Water Works District of the City of Pueblo lying North of the Arkansas River, of issuing refunding bonds in the amount of One Hundred and Thirty Thousand ($130,000.00) Dollars. Said ballot shall be in form as follows: FOR AN ELECTION to be held on November 4, 1919, in the City of Pueblo, State of Colorado, on the proposition of refunding the Water Works bonds of the Water Works District lying North of the Arkansas River by the issuance of refunding bonds in the amount of One Hundred and Thirty Thousand ($130,000.00) Dollars in accordance with Ordinance No. 1039 of the City of Pueblo. Said bonds to be issued for refunding the present bonded indebtedness of like amount in said district, to bear interest at the rate of 4 -1/2 per cent per annum, due and payable fifteen years after date. Said bonds are not to be sold or exchanged for less than one hundred per cent of their par value. No person shall vote on the question for or against refunding said indebtedness unless said person is a qualified tax paying elector of said district. PLACE A CROSS MARK (X) IN INK OPPOSITE AND TO THE RIGHT OF THE WORKDS "FOR REFUNDING THE BONDED INDEBTEDNESS OF THJE WATER DISTRICT OF THE CITY OF PUEBLO LYING NORTH OF THE ARKANSAS RIVER AND ISSUING REFUNDING BONDS IN PAYMENT THEREOF TO THE AMOUNT OF ONE HUNDRED AND THIRTY THOUSAND ($130,000.00) DOLLARS, WITH INTEREST AT THE RATE OF 4 -1/2 PER CENT PER ANNUM AND TO RUN FOR A PERIOD OF NOT EXCEEDING FIFTEEN YEARS, AND TO BE SOLD AT NOT LESS THAT ONE HUNDRED PER CENT OF THE PAR VALUE ", IF YOU DESIRE TO VOTE IN THE AFFIRMATIVE. PLACE A CROSS MARK (X) IN INK OPPOSITE AND TO THE RIGHT OF THE WORDS "AGAINST REFUNDING THE BONDED INDEBTEDNESS OF THE WATER DISTRICT OF THE CITY OF PUEBLO LYING NORTH OF THE ARKANSAS RIVER, AND OF ISSUING REFUNDING BONDS IN PAYMENT THEREOF IN THE AMOUNT OF ONE HUNDRED AND THIRTY THOUSAND ($130,000.00) DOLLARS, WITH INTEREST AT THE RATE OF 4 -1/2 PER CENT PER ANNUM, AND TO RUN FOR A PERIOD OF NOT EXCEEDING FIFTEEN YEARS, AND TO BE SOLD AT NOT LESS THAN ONE HUNDRED PER CENT OF THE PAR VALUE ", IF YOU DESIRE TO VOTE IN THE NEGATIVE. Mark in This column. FOR Refunding the bonded indebtedness of the Water District of the City of Pueblo lying North of the Arkansas River and issuing refunding bonds in payment thereof to the amount of One Hundred and Thirty Thousand ($130,000.00 Dollars, with interest at the rate of 4 -1/2 per cent per annum and to run for a period of not exceeding fifteen years and to be sold at not less than one hundred per cent of the par value. AGAINST Refunding the bonded indebtedness of the Water District of the City of Pueblo lying North of the Arkansas River and issuing refunding bonds in payment thereof to the amount of One Hundred and Thirty Thousand ($130,000.00 Dollars, with interest at the rate of 4 -1/2 per cent per annum and to run for a period of not exceeding fifteen years and to be sold at not less than one hundred per cent of the par value. Introduced October 13, 1919 By Jas L. Lovene