Municipal Debt Clamp Tightens In Kimball In 1880s Era
The article notes the Kimball city law restricting total indebtedness to a four dollar per taxable property value threshold, detailing the prior year’s debt of 8151,000—consisting of 810,000 bonded debt and the remainder warrants at 7 percent interest—calling for no further bonds and urging prudent spending. It also covers local officials, saloon license revenue as a relief, and commentary on public figures and upcoming political events.
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