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HomeMy WebLinkAboutCity Council Minutes 09.29.1921 i Minutes of the City Council of Laurel La=urel, _Eontc`na, August 29, 1921. The City Council of the City Of Laurel met at an adjourned regular meeting.at the Council Chamber in the City Rall and was called: to drder by Mayor Frank Wright at 8:00 P. M. August 29, 1921. Upon roll call, the following aldermen answered present, Vordahl Knudsen C la rk Sausman HagEman Bundy Richardson Kenyon The Clerk reported that an examination of the County reasurerl s records showed that there were approxi- Repo rt mately two hundred three lots on which there were `delinquent taxes to the amount of Fourteen Hundred Trine and by/loo "($1409 57) ll rs n Del -nor in . Do a a d the anovnt rec7uired to meet the out- standing bonds or warrants including, interest to December 31, 1921, amounted to Twenty-two Hundred Thirteen and 12/100 ($2213 12) D l a 1mfg. Dis -. . . ol ars and th t there had been no interest charge in the tax levy spread for the year 1912 and only interest enough for one installment in each year 1913 and 14. ghat T o . ?, ; the warrants or 'bonds had been drawing interest at the rate of six per cent f per annum for a period of twenty-one months before the first install-ineht of interest could have been col- lected. It would, therefore, appear that at least three interest installments had been paid out of the funds collect- ed for the retirement of bonds, consequently the bonds could not be retired. It was estimated that a levy equivalent to One and 60,/100 01,60). Dollars per standard lot would produce a sum sufficient to meet the outstanding indebtedness, Examination of districts 6, 7 , 8, 9, '11 and 12 re vealed similiar conditions as that of Ida. 3, conseouently, the following resolutions - for ?e are presented approval RESOLUTION NO 227. JL J, Re.solution No, 227, being a resolution l0-vying and - assessing all the property embraced ),Ti thin Special Improve- vent District To. 3, Sewer, of the City of Laurel, !i{on-Lana, Resolution for the ament of bonds and interest thereon p v outstanding at this time was resented and read. z:. .A I t was moved and see- 227. oncl_ed that the resolution as read be provisionally passed and upon roll call, all ald.e.: r?aen present voted "dye" and the 1 said resolution was declarbddprov' 1S 30?.l?, 1v > .? passed. RESOLUTION NO. 228. Resolution TTO. 228, being a resolution levying and assessing all the property embxac°ecl within Special Improve- Newolut on '.ient District No. 61, "Mater, of the. City of Laurel, ldonteala , for the payment of bonds and interest thereon outstanding 228. at this t ae aas presented and `read. It was -moved and see- onde.d that the resolution as ;read be provisionally passed an-d 'a-,-on roll call, all aldermen 1wesent voted "Aye" and the said resolution saws declared provisionallypassed. RESOLUTION NOs 229. Resolution Ko. 229, being a resolution levying and assessing all the property embraced within ,Special Improve- tesolution vent District TTo. 77 Sewer, of the City of Laurel for the paJiment of bonds and interest thereon outstanding 290 at this time was presented and, read. It was moved and sec- onded that the resolution as read be provisionally passed and upon roll cull, all alder-men present voted "Aye" and the said resolution was declared provisionally pas; ed. RESOLUTION TTO. 230. Resolution ITo. 230, being a resolution levying and as i ll t - d sess ng a he property ei, bracec . within Special Improve- Minutes of the City Council of Laurel ment District No 8, 'eater, of the City of Laurel, %ioritana, for the payment of bonds and interest thereon outstanding ltesolizti on at this time was.presented and read. It was moved &.d see- onded that the resolution as read be provisionally paese d andupon roll call, all aldermen present voted "Aye" and the said resolution was declared provisionally' passed. RESOLUTION NO. 231. Resolution No. 2512 being ,a resolution levying and assessing all the property embraced within Special Improve- y solution meat District No, 99 dater, of the City of Laurel, L_TontEzia, -for the payment of bonds.. and interest thereon outstanding at this time was presented and read. It was moved and sec- uul onded that the resolution as read be provisionally passed and. upon roll. call, all aldermen present voted "Aye" and the i said resolution was declared provisionally passed« RESOLUTION N0, 232. Resolution No. 232, being ,a resolution levying end assessing all the property embraced within Special improve- esolution menu District No, 11, Water, of the City of Laurel, TIonta.aa for the payment of bonds and interest thereon outstanding G . at this time was presented and read. It was moved and s ec- onded that the resolution as read be provisionally passed and upon roll call, all aldemen present voted. "..ye" and the said resolution was declared provisionally passed., RESOLUTION NO 2 33:. Resolution No, 2359 being a resolution levying and assessing all the property embraced within Special Improve- Resolution 3rent District No 121 Sewer, of the City of La-arel, Montana, for the payment of bonds and interest thereon outstanding at this time eras .presented and read. It was moved and see- GJJ• onded that the resolution'as read be provisionally passed and upon roll calk all aldermen present voted Faye" and the said resolutions as decl;-tired provisionally passed, The Clerk presented extract from Ordinance No. 56 on the 1910 eater Bond issue of $281000.00 in which the good faith of the City was pledged to levy six (6) mills on all Re-port of taxable property within the City; Ordinance TIo. 57 of 1910 providing for an.'issue, of ;15,000.00 8ev:,er Bonds in which the levy good. 'faith of the City, was pledged to levy three (3) mills on all the taxable property within the City; Ordinance No. 130 p ? edged of 1916 :Funding Bonds for an issue of X13,500.40- in which the good faith of the City was pledged to levy a tax sufficient for Gn e, d d to prouce the sum of $14'75.00 annually o-r ap_?rozivaately two (2) mills, Ordinance No. 142 of 191' providing for a agate Bond indebted issue of 4000.00 and ; a levy pledged of two (2) mills; Ordinance No. '21'7 of 1920 providing fora bond issue of 44146 «00 in which Hess the good faith of the City was pledged to spread a levy suf ficient to produce approximately $663.36 or approxiinately one (1) mill levy; Resolution,No. 221 of 1921 p-r,oviding for Refund- ing Bond issue of $42,1144.20 in which the good faith of the City was pledged to levy a tax for the first ten years suf- ficient to produce the sum of $2564.65 or approximately four (4) mills, based on the 1920 valuations. The. Blerk was instructed to draft a resolnt ion con- tainng the foregoi obligations, a ten; (10) rill levy for gen-L1net?1ct- oral purposes to be istributed by the cor-LrA ttee appointed at to dr ft the previous meeting to distribute the said levy and a two (2)t= levy mill 'lever for the Library `Fund. esoii_uL Moved and seconded that we do n T -our: %Iotion Carriedt rk. A-ooroved this of Sept em 'Kayo ATTEST. 6.0w "Y11L11/1 A, _ 1