HomeMy WebLinkAbout0039 Special Election Waterworks System 19574
PROOF OF PUBLICATION
STATE OF IDAHO
ss.
County of Bannock
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being first duly sworn on oath deposes and says: That_--- -9hs -----------------
was at all times herein mentioned a citizen of the United States of
America, more than 21 years of age, and the Principal Clerk of THE
IDAHO STATE JOURNAL, a daily newspaper, printed and published at
Pocatello, Bannock County, Idaho, and having a general circulation
therein.
That the document or notice, a true copy of which is attached, was
published in the said IDAHO STATE JOURNAL, on the following dates,
to -wit:
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That said paper has been continuously and uninterruptedly pub -
lished in said County for a period of seventy -eight weeks prior to the
publication of said notice or advertisement and is a newspaper within
the meaning of the laws of Idaho
Subscribed and sworn to before me this ----------------- - -- �3rd
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day of - - -- August - 19 4T_
Notary Public t of Idaho
Residence: Pocatello, Idaho
Legal Advertisement
ORDINANCE WO1',39
AN ORDINANCE DEEMING IT AD-
VISABLE TO "119 S U E' COUPON
BONDS OF THE VILLAGE OF
CHUBBUCK, 13ANNOCK COUNTY,
STATE OF I D A H O,, IN THE
AMOUNT OF $30,000 FOR THE
PURPOSE .OF . 'EXTI�NDING AND
IMPROVING THE WATERWORKS
SYSTEM- OF SAID VILLAGE,
PROVIDING FOR - A SPECIAL
ELECTION :IN. SAID VILLAGE. TO
VOTE UPON THE QUESTION OF
ISSUING SUCH BONDS AND
SPECIFYING PROVISIONS TO BE
MADE FOR THE P A Y M•E N T
THEREOF.
WHEREAS, it is deemed necessary
that the Village extend and improve
its waterworks system; and
WHEREAS, the Village of Chub -
buck,• Idaho, does not have funds
;.available for said purpose; and
WHEREAS, ,it is deemed advisable
by the Board of Trustees that nego-
tiable coupon bonds of said Village
in the amount of $30,000 be issued
and sold for such purpose;
NOW, THEREFORE, , BE IT OR-
4 RAINED BY THE CHAIRMAN AND
;BOARD OF TRUSTEES OF THE
'VILLAGE OF CHUBBUCK; BAN
1 ,TOCK COUNTY, STATE OF IDAHO:
Section 1. That negotiable coupon
bends of the Village of Chubbuck in
the amomit of $30,000 be issued and
sold to provide funds for the pur-
Legal Advertisement
Pose of .extending antd improving the
waterworks system of said Village,
which is a necessary public improve-
ment.
Section i That such bonds shall
bear :interest at a rate not to exceed
•5 %a per annum, payable semi- annual-
ly, and shall mature and be payable
upon an ` anxiva* amortization plan,
the first annual amortized principal
payment to mature and be. payable
at the expiration of two years from
and after the date of the bonds, and
the last annual amortized principal
payment to mature and be, payable
at --the expiration, of 16 years from
and after the date of the bonds, and
the various annual maturities shall
be, as nearly -as , practicable, in such
principal amounts as will, together'
with the accruing interest on all out -
standing bonds of such issue be met
by an equal annual tax levy for the
payment of the principal of said
bonds and interest thereon during
the term for which such bonds shall
be issued in accordance with provi-
sions of Section 50 -2811 Idaho Code,
and the municipal Bond Law of Ida -
ho; that said .bonds shall be in de-
nominations of Five Hundred • Dollars
each, numbered conseoutively, begin -
ning with the number one, said bonds
being payable in numerical order.
Section 3. That for the purpose of
providing funds to pay the interest
on said bonds, promptly when the
same falls due and also a sinking
fund for the payment of said bonds
at: maturity, there shall he levied 'an-
nually upon all -of' the taxable prop -
erty in, said Village, in addition to
all other taxes, a sum sufficient to
'pay the interest on said bonds and
to . provide for the payment of the
principal thereof as they mature, and
all. such taxes shall be levied, as-
sessed and collected as other taxes
until the bonds so issued are fully
.paid; and all taxable property 'within
the said Village shall be pledged for
tie. punctual payments of the princi-
pal of and-the. interest on said bonds
when due.
Section 4. That - a special election
of the qualified electors who are tax-
payers, of the Village of. Chubbuck,
Idaho, shall be held on Friday, the
20th day of Sept., 1957, for the pur-
pose of enabling the qualified electors
who are taxpayers of said Village to
vote upon the question of issuing
said bonds. Said election shall be held
at the Municipal Building between
the hours of ,9:00 o'clock A.M. and
7:00 o'clock P,M, of said day. The
following named persons possessing
the qualifications of electors are
hereby appointed to act as, judges
and clerks of said election, to -wit:
Ethyl Talbot
Charolette Voyles Phyllis Armstrong
Edith Grumbine Lenora Conelly
Clerks Judges
Section 5. Ballots to be used at said
election shall be furnished by the
Village Clerk to the Judges of Elec -.
tion, to be by them .furnished to the
voters, which ballots shall be in sub-
stantially the following form:
OFFICIAL BALLOT
SPECIAL BOND ELECTION
VILLAGE OF CHUBBUCK,
BANNOCK COUNTY, IDAHO
, 1957
In favor of issuing bonds in
the amount of $30,000 for
the purpose - of extending
and improving the water-
works 'system of-the Village
of Chubb u c k, Bannock
County, Idaho, as stated in
Ordinance No. 39 of said
Village [
I Against issuing bonds in the
amount of $30,000 for the
purpose of extending and
improving the waterworks
system of the Village of
Chubbuck, Bannock County,
Idaho, as stated in Ordi-
nance No. 39 of said Village
(Instruction. to voter: The voter
shall make a cross "x" in the square
opposite the words which express his
choice.)
Section' 6. Thirty, days notice of
such special bond election shall be
given by publication in the Idaho
State .Journal, a newspaper of gen-
Legal Advertisemew
eral circulation in the Village of
Chubbuck, Idaho, for five consecu-
tive issues thereof, and by posting
such notice for a ,similar length of
time in three public places in the
Village, which notice'shall be in sub -
s%ntially-the following form:
NO'T'ICE OF BOND ELECTION
'VILLAGE OF CHUBBUCK, IDAHO
August 15, 1957
PUBLIC NOTICE IS HEREBY GIV-
EN That a special election of the
qualified electors of the Village of
Chubbuck, Idaho, who are taxpayers
therein, will be held in the Municipal
Building in said Village between the
Building in said Village between the
hours of 9:00 o'clock A.M. and 7:00
o'clock P.M. on the 20th day of Sept.,
1957, for the purpose of voting upon,
the following question:
"Shall bonds of the Village of
Chubbuck, Bannock County, State
of Idaho, be issued in the total
,amount of $30,000, bqgring interest
at a rate or rates riot exceeding
5% per annum and maturing serial-
ly on an amortization plan as re,
qui-red by the Municipal Bond Law
of the State of Idaho, the first in-
stallment of principal to be due and
payable at the expiration of two
years from the date -of:. said- .bonds- -
and the last liistallmenct of. said
principal.-to be due and p:t abbe at
the expiration. of 1.6 years from the
date thereof,' said bonds to be is-
.sued and sold to provide funds for
the purpose of extending and im-
proving the . waterworks system , of
said Village of Chubbuck, Idaho, as
provided in Ordinance No. 392"
At such election only those quali-
fied electors who are taxpayers in
the Village of Chubbuck, Idaho, will
be permitted to vote.
Geneva D. Valenty, Village Clerk,
is ex- officio registrar of said Village.
The place of registration is the office
of said Village Clerk at the Munich,
pal Building.
Persons may register on each day
at any time during the office hours
of said Clerk, beginning with the day
that the Notice of Election is given
and continuing until and including
the Saturday next preceding the elec-
tion; on Thursday, Friday and Satur-
day next preceding such election per-
sons may register A.M. etween the hours
of 9:00 o'clock M and 5:00 o'clock
P.M. and between the hours of 7:00
o'clock P.M. and 9 :00;' o'clock P.M.
. The voting at said election shall be
by ballot. The ballot to be supplied
the voters for their use at said elec-
tion shall be in the form set out in
Ordinance 'No. 39.
BY ORDER OF THE BOARD Or
TRUSTEES OF THE V'IL$,AGE OF
CHUBBUCK, IDAHO, this 15th day
of Aug., 1957.
/s/ JOHN R. VALENTY
Chairman
{SEAT,),
Attest:
/s /.GENEVA D. VALENTY
.Clerk .•
Section 7. If at such election two -
thirds of the qualified electors' who
are taxpayers in such village voting
at such election assent to the issuing
of such bonds, they shah: be issued
in manner provided by the "Munici-
pal Bond Law" of the State of Idaho.
Section 8. This ordinance, upon its
passage and .approval, shall be pub-
lished in one issue of the Idaho State
Journal,.;a newspaper of general cir-
culation, ,in 'the Village of Chubbuck,
Idaho, and shall . take effect and be
in full force immediately after. its
passage, approval and publication.
Section 9, All ordinances or parts
of ordinances of the Village of� Chub-
buck, Idaho, in conflict with this
ordinance or any part hereof are
hereby repealed.
PASSED AND APPROVED this 15th
day of Aug., 1957'.
/s/ JOHN R. VALENTY
Chairman of the
(SEAL) Board of Trustees
Attest:
%s/ GENEVA. D. VALENTY
Village' Clerk
Aug. 19, 1957.