HomeMy WebLinkAbout08 02 1951 Ord. 10PROOF OF PUBLICATION
STATE OF IDAHO
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ORDINANCE NO. 10
AN ORDINANCE AUTHORIZING
AND PROVIDING FOR THE AC-
QUIRING OF, CONSTRUCTION OF
INSTALLATION AND OPERA-
TIONS OF A WATER SYSTEM
AND WORK$, AND DISTRIBU-
TION OF WATER FOR THE IN.
HABITANTS OF THE VILLAGE
OF CHUBBUCK, AND FOR .THE
BENEFIT OF THOSE SERVED BY
THE SYSTEM AND FOR THE
PROMOTION OF PUBLIC WEL-
FARE, IMPROVEMENT OF
HEALTH, SAFETY, COMFORT
AND CONVENIENCE OF THE IN-
HABITANTS OF THE VILLAGE
OF CHUBBUCK; SETTING FORTH
A BRIEF AND GENERAL DE-
SCRIPTION OF THE SAID WORKS
AND WATER SYSTEM TO BE AC-
QUIRED AND CONSTRUCTED; RE-
FERRING TO THE PRELIMINARY
REPORT, PLANS AND SPECIFICA-
TIONS WHICH HAVE BEEN PRE-
PARED AND . FILED WITH THE
VILLAGE BY A QUALIFIED EN-
GINEER CHOSEN FOR THAT PUR-
POSE; SETTING FORTH THE
COST OF THE WORKS .AND SYS-
TEM AS ESTIMATED BY THE EN-
GINEER SO CHOSEN; ORDERING
THE ACQUISITION, CONSTRUC-
TION AND INSTALLATION OF
SAID WORKS ANA WATER SYS-
TEM; DIRECTING THAT REVE-
NUE BONDS OF THE VILLAGE OF
CHUBBUCK SHALL BE ISSUED
BY THE VILLAGE- OF CHUBBUCK
UNDER AND PURSUANT TO THE
PRYJVISIONS OF CHAPTER 47,
1951 SESSION LAWS OF THE
STATE OF IDAHO, KNOWN AS
THE REVENUE BOND ACT, IN AN
AMOUNT NECESSARY TO PAY
THE COST OF THE SAID WORKS
AND WATER SYSTEM, PRELIMIN-
ARY EXPENSES AND COSTS, AND
ALL COSTS AND EXPENSES RE-
QUIRED THEREFOR; PROVIDING
FOR THE PAYMENT OF SAID
BONDS AND INTEREST TO BE
MADE SOLELY OUT OF THE
REVENUES. RECEIVED FROM THE
OPERATION OF SAID WORKS
AND WATER SYSTEM; PROVID-
ING THE MAXIMUM RATE OF
INTEREST ON SAID BONDS; PRO-
VIDING FOR THE LIEN OF SAID
13ONDS TO BE A PRIOR AND
PARAMOUNT LIEN ON THE REV-
ENUE RECEIVED FROM OPERA-
TION OF SAID WORKS AND
WATER SYSTEM FOR WHICH,
SAID BONDS ARE TO BE IS-
SUED; PROVIDING THAT THE
REVENUE BONDS SO ISSUED
AND INTEREST THEREON SHALL
13E PAID SOLELY FROM THE
REVENUES DERIVED FROM THE
OPERATION OF SAID WORKS,
AND WATER SYSTEM AND NOT
BE A DEBT OF THE VILLAGE OF
CHUBBUCK. AND THE VILLAGE
OF CHUBBUCK SHALL NOT BE
LIABLE T H E R E O N; , PROVIDED
SAID BONDS SHALL NOT BE
PAYABLE OUT OF ANY FUND
OTHER THAN THE SAID REVE-
NUE PLEDGED FOR THE PAY-
MENT THEREOF; PROVIDING FOR
THE CALLING AND HOLDING OF
AN ELECTION BY THE QUALI-
FIED ELECTOR:4 nT? CATri 17TT -
inhabitants of the Village of Chub•
buck, and supplying water to the
Village for fire protection, . sanitary
uses and other Village uses for the
use and benefit of the Village and the
inhabitants, for the promotion of the
welfare and, improvement of the
health, safety, comfort and conven-
ience of the Village and the inhabi-
tants of the Village of Chubbuck,
Section 2. That the Village of Chub -
buck shall acquire, upon approval at
the election hereinafter provided for,
the necessary lands, sites, rights and
easements therefor, and immediately
construct and install and thereafter
operate and maintain a water works
and water works system in and for
the Village of Chubbuck for the pur-
pose of furnishing arid delivering
water to the inhabitants of the Village
for their use, and furnishing and sup-
plying a sufficient supply of water
to the Village for fire protection, sani-
tary uses and other uses of the
Village.
a, That a general description of said
water works system and water system
to be thus acquired, constructed and
installed is as follows:
Acquire a site , for and drill a
twelve inch well and install therein
a sufficient turbine pump to pump
and discharge the water into the
maims, and construct and install a
storage reservoir connected with the.
mains at ' a location to be selected a
sufficient elevation above the general
elevation of the Villa�e to provide
adequate pressure and storage; also,
to construct a system of water
mains of sufficient size and rapa-
city throughout the 'Village,to serve
the inhabitants of the Village, and
to construct, install and locate at
proper places a sufficient number of
hydrants connected with said water
mains to serve the Village, and make
at least 100 suitable locations service
connections in said,lnains from which
to serve the inhabitants of said Village
and said fire hydrants; also, install
necessary mains and connections to
connect the said water system with
a certain well already drilled and
located in Aero Park Subdivision to
be used as an emergency supply of
water to the Village; to purchase and
install water meters for all services
for distribution of water to consum-
ers for domestic use and fire protec-
tion, and the system to be also of
sufficient capacity to furnish wafer
to users outside the Village, when
the Board of Trustees of the Village
shall from time to time determine that
it is to the interest of the Village to
furnish such users on the outside of
the Village with water for use and
fire pvotection, .
That a preliminary report, plans and
specifications for said water system
and works have heretofore been pre-
pared by a competent engineer em-
ployed by the Village therefor, and
filed with the Village, to which refer-
ence is hereby , made.
b. That the cost of the acquiring,
constructing and installing said water
works and system, as estimated by
the said engineer chosen by the
Village therefor, is $70,000.00.
C. That revenue bonds of the Village
1955 January 1,400.00 924.00
July __. ..._._..
1,400.00
. 903.00
1956 January -,
1,400.00
882.00
July ---L-
1,400.00
861.00
1957 January ..
1,600.00
840.u0
July -. _-_-..
1,600.00
816.00
1958 January
1,600.00
792.00
July -- -_.-
1,606.00
768.00
1959 January ___,.
1,600.00
744.00
July
1,600.00
720.00
1960 ,January
1,600.40
696.00
July ___ _____..
1,600.00
672.00
1961 January ,..
1,600.00
648.00
July _._
1,600.00
624.00
1962 January..
1,800.00
600.00
July ._ _..
1,809.00
573.00
1963 January _..
1,800.00
546.00
July ... . ___
1,800.00
519.00
1964 January ..........
1,800.00
492.00
July ................
1,800.00
665.00
1965 January _..__..
1,800.00
438.00
July _
1,800.60
411.00
1966 January _ ..
1,800.00
384.00
July _ .._.._.,,
1,800.00
357.00
I967 January
2,200,00
330.00
July __ ___..
2,200.00,
297.00
1968 January _.._._..,
2,200.00
264.00.
July - _-_..
2,200.00
231.00
1969 January ..........
2,200.00
198.00
July ...... _...... _.-
2,200.00
165.00
1970 January _.......
2,200.00
132.00
July -,,........... _..
2,200.00
99.00
1971 January _._.......
2,200.00
66.00
July _..
2,200.00
33.011
TOTALS ... .. $70,000.00 $22,950.00
e. That said revenue bonds and all
interest thereon shall be paid for sole-
ly from the revenues derived froin
the operation of said works and water
system, and shall not be a debt of the
Village of Cbubbuck, and the Village
of Chubbuck shall not be liable
thereon, and said bonds and interest
shall not be paid out of any fund,
other than the said revenue derived
from the operationofsaid water sys-
tem pledged for the payment thereof.
f. That 'said bonds shall constitute
a liena d be a prior and paramount
lien on the revenue derived from the
operation of said water system, for
which said bonds are issuqd, and all
bonds of the 'same issue shall be sub-
ject to the prior and superior rights
of outstanding bonds, claims or obli-
gations and of a prior and paramount
lien on the revenue from the works
for which such bonds have been is-
sued over and ahead of all bonds of
any issue payable from said revenue,
which may be subsequently issued,
and over and ahead of any claims or
obligations against said revenue sub-
sequently incurred. All bonds of the
same issue shall be equally and ra-
tably secured without priority by rea-
son of number, date of, bonds, of
sale, or execution or of delivery, by
a lien on said revenue of the water
system in accordance with the pro-
visions of the Revenue Bond Act,
Chapter 47, 1951 Session Daws of Ida-
ho, and in accordance with the pro-
visions of the ordinance authorizing
said bonds, and all bonds and interim
receipts or certificates issued shall
be fully negotiable within the mean-
ing of and for all the purposes of the
negotiable instruments law, .
Section 3. That an election is here-
by ordered and, called to be held
wit in the one ward of the Village j
ofvbonds authorized by it, the ma-
turity 'dates of said bonds, the maxi-
mum rate of interest they shall
draw, the voting places, the hours
between which the polls will be open,
and the qualifications of voters who
may vote thereat, and the Clerk shall
also post three (3) copies of the Notice,
of said election in three of the most
public places in said ward where the
election is authorized to be held,
one of such notices to be posted at
the front door of the building of the
place where such election is author-
ized to be held, and the other two
at the most public or suitable places
in said ward; which notices of elec-
tion shall be substantially in the fol-
lowing form;
NOTICE OF SPECIAL REVENUE
BOND ELECTION
Pursuant to Chapter 47 of the 1951
Session Laws of the State of Idaho
and Ordinance number 10 of the Vil-
lage of Chubbuck in the State of
Idaho, PUBLIC NOTICE IS HEREBY
GIVEN That a special revenue bond
election will be held in the Village
Of Chubbuck, Bannock County, Ida-
ho, within the ward of said Village
at the voting place hereinafter desig-
nated, on the 27th day of August, 1951,
beginning at the hour of 9:00 o'clock
A. M. and closing at the hour of
7:00 o'clock P. M. of said day, for
the purpose of taking a vote'of the
qualified electors of said Village,
upon the fallowing question, to -wit:
Shall the Village of Chubbuck be
authorized to issue revenue bonds in
the amount of $70,000.00 for the pur-
poses provided by Ordinance num-
ber 10 of the Village of Chubbuck,
which purposes described in said or-
dinance are as follows, to - wit:
Acquire a site for and drill a
twelve inch well and install therein
a sufficient turbine pump to pump
and discharge the water into the
mains, and construct and install a
storage reservoir connected with the
mains at a location to be selected a
sufficient elevation above the gen-
eral elevation of the Village to pro-
vide adequate pressure and storage;
also, to construct a system of water
mains of sufficient size and capacity
thrgughout the Village to serve the
inhabitants of the Village, and to con-
struct, install and locate at proper
places a sufficient number of hydrants
connected with said water mains to
serve the Village, and make at least
100 suitable locations for service con-
nections in said mains from `which to
serve the inhabitants of said` Village
and said fire hydrants; also, install
necessary mains and connections to
connect the said water system with a
certain well already drilled and lo-
cated in Aero Park Subdivision to be
used as an emergency supply of wat-
er to the Village; to purchase and
install water meters for all services
for distribution of water to consumers
for domestic use and fire protection,
and the system to be also of sufficient
capacity to furnish water to users
outside the Village, when the Board
Of Trustees of the Village shall from
time to time determine that it is to
the interest of the Village to furnish
the voting place of said election shall
be as follows:
At W. R. Ward's Business Office.
NOTICE IS FURTHER GIVEN That
each and every person, M order to
vote at said election, must be a quali-
fied elector of the State of Idaho, and
must have resided within the Vil-
lage of Chubbuck for at least three
(3) months -preceding the election,
and must be registered, as provided by
1 a w. Charlotte Kennedy, Village
Clerk, is, the official registrar for the
Village.
Persons may register at any time,
during office hours, beginning with
the day that the notice of election is
given, and each day thereafter, until
and including the Saturday next pre-
ceding said election, and on Thurs-
day, August L3rd, 1951, Friday, Aug-
ust 24th, 1951, and Saturday, August
25th, 1951, next preceding said elec-
tion, persons may register between
the hours of 9:00 o'clock A.M. and
5:00 o'clock P.M., and betweenthe
hours of 7;00 o'clock P.M. and 9:00
o'clock P.M., at the Office of the Vil-
lage Clerk. The voting at said election
shall be by ballot. The ballots to
be supplied to the voters for that use
in said election, shall be as set forth
in Ordinance number 10 of the Vil-
lage of Chubbuck.
Dated at Chubbuck, Idaho, this 30th
day of July, 1951.
VILLAGE OF CHUBBUCK
By Charlotte Kennedy,
l Village Clerk,
Section 6. If the revenue bonds are
authorized to be issued, the Board
of Trustees of the Village of Chub -
buck will provide by additional or-
dinance for the issuance thereof, as
provided by the provisions of Chap-
ter 47, 1951 Session Laws of the State
of Idaho.
Section 7. That all ordinances and
parts of ordinances in -so -far as they
are in conflict with this ordinance i
are hereby repealed.
Section 8. This ordinance shall be
irrepealable during the life of any
revenue bonds issued, as provided
herein.
Section 9. This ordinance shall take
effect and be in full force and effect
from and after its passage, approval
and due publication in one issue of
the Idaho State Journal, published at
Pocatello, Bannock County, Idaho,
hereby designated as the official
newspaper for the Village, in which
this ordinance shall be published.
Passed this 30th day of July, 1951.
Approved this 30th day of July,
1951.
BOARD OF TRUSTEES OF
VILLAGE OF CHUBBUCK
By John R. Valehty
Chairman of the Board
ATTEST:
Kennedy
CIerk
THE 11
August 2, 195111
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