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Resolution 0978 - Send to Electors - Coupon BondsRESOLUTION NO- 978 MINUTES OF A RFIGULAR MEETING OF THE CITY COUNCIL OF THM CITY OF KALISPELL, COUNTY OF FLATHEAD, STATE OF MONTANA, I-ESLI) ON TH,-,P THIRD DAY OF MARCH, A. D. 1924. At the regular Council meeting of the City of Kalispell, Montana, held on the third day of March, 1924, there were present the following members of the City Council:.44q41W.. ................. sarae being a majority of the Council, all of whom were present throughout the entire meeting. �lderman Williams Upon a motion duly made by. ... ............ and seconded by.AW(:r4Uz1,PJV9V .......... the following Resolutions was adopted by a majority of all of the Council of the City of Kalispell, to-4it: WHEREAS, there has been presented to the City Council of the City of Kalispell a Petition praying for the calling of an election in the said City of Kalispell, at which election there shall be submitted the question of whether or not the indebtedness of the City of Kalispell, Montana, shall be in_ - creased by the issuance of Coupon Bonds to the amount of Five Thousand Five Hundred Dollars ($5,500.00) to be used for the purpose of re-imburaing the property owners for assessments paid and for the purchase of all outstanding warrants in Special Improvement Districts No's 156-162-196 which were created for the purpose of extending the Water Mains of the City of' Kalspell, 'Montana; and WHEREAS, the City Council of' the City of Kalispell has examined said Petition, and by checking the names thereon against a certified copy of a list of' registered voters for the said City of Kalispell, which said list was furnished and certified by the Clerk of Flathead County and against a cer— tified copy of the as�essment roll containing the names of all persons assessed on property within said City of Kalispell for the year of 1923, which list was furnished and certified to by t.`Lle County Assessor of the said County. It was found that 317 names signed To said Petition were also found on the list of registered voters and on the assessment roll for the preceding year assessed on property within the City of Kal- iapell; and WHEREAS, the City Council by subohecking the list of registered voters within said City of Kalispell with the names of the persons appearing on the assessment roll of the said County for the preceding year and who are assessed on property within the City of Kalispell have found that there are within said City of Kalispell 920 persons whose names appear on both lists and constitutes the total number of persons within said City of Kalispell qualified to ei6n said Petition, and that the Petition is signed by 20% of all those in the City of Kalispell qualified to sign the same; NOW, THEREFORE, BE IT RESOLVED; that the prayer of the said Petition be and the same is hereby granted and an election is here- by called for the Seventh day of April, 1924, for the purpose of submitting to the voters of the City of Kalispell the following question: Shall the City of Kalispell, County of Flathead, State of Montana, be authorized to increase the indebtedness of the City of Kalispell by the issuance of coupon Bonds to the amount of Five Thousand Five Hundred Dollars ($5,500,00) bearing not to exceed 5% interest per antkum, payable semi-annually, said bonds to be payable in twenty years and redeemable in ten years or at any interest paying date there after, and to be payable on either the amortization or serial plan, and to be issued for the purpose of re-imbursing the property owners for assessments paid and for the purphase of all outstanding warrants in Special Improvement Districts No's 156-182-196, which were created for the purpose of extending the Water Mains of the City of Kalispell, Montana, and the City Clerk is hereby directed to publish a notice of the said election in the Kalispell Times, a weelly paper puhlished in the City of Kalispell, said notice to run a period of three weeks before said election. The following named persons being qualified to vote at such election are hereby appointed Judges of Election, First Ward: R. B. Taylor, A. W. Hollinsteiner, C. K. Dickey. Second Ward: J. C. McC.Iffininger, W. F. 1�,.ulany, Yxs Geo. Cade. Third Ward: Mrs IA. powers, James Lake, W. R. Martin. and the City Clerk is instructed to notify them by mail of thetr X9.04; 9 appointment. NOW, THEREFORE the City Attorney is instructed to draw an ordinance which will embody all of the clauses in the fore mentioned Revolution$. This measure is an emergency measuer and is effective immediately upon its passage and approval Passed this 3rd day of March, 1924 by the City Council of the City of Kalispell, Montana. Approved by the Mayor this 4th, March, 1924 A. E. Boorman Mayor P. F. Holzknecht Attested by City Clerk. State of Montana County of Flathead SS. City of Kalispell 1, P. F. Holzknecht, Clerk of the City of Kalispell, Montana, do hereby certify that the foregoing is a full, true and exact copy of a resolution passed by the City Cpuncil and approved by the Mayor of the City of Kalispell, Montana, on the 3rd day of March, 1924. Witness my hand this 6th day of March 1924. P. F. Holzkn ht, City Clerk. �r