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Lethbridge Herald, The (Newspaper) - July 13, 1914, Lethbridge, Alberta
THE LETHBRIDGE DAILY HERALD MONDAY, JULY 13, 1814 CITY OF City of Lethbridge BYLAW NO. 244 A BY-LAW TO PROVIDE FOR BORROWING UPON DEBENTURES, THE FURTHER SUMS NECESSARY TO PAY FOR COM- PLETING CERTAIN MUNICIPAL WORKS AND FOR PURCHASING LANDS REQUIR- ED FOR A PLAYGROUND AND FOR PUB- LIC PARK PURPOSES. the City has constructed tte public works hereinafter reierred to and passed Bylaws providing for borroiring upon debentures the sums required to pay tho estimated cost -AND'WHEREAS the actual cost.of teveral of such works has exceeded the sum provided therefor. AND WHEREAS owjng to the in- crease in the rate of interest on loans since such works were undertaken the debentures authorized by the said uy- laws to be issued could only be sold at a discount involving a substantial de- ficiency in the Bums required to be provided, and such deficiency has been Increased by interest on temporary loans made to carry on the work diuv ins the progress thereof. AND WHEREAS it is necessary to borrow upon debentures such sums as are required to pay for tho completion of iuch works, making "due allowance lor'diseount on the sale of debentures b'-ar'ng a reasonable rate of interest and necessary expenses in ronnee- tion with the issue and sale therof. AND WHEREAS it is also desirable to purchase the lands hereinafter de- scribed in Proposition "DD" for the purpose of. a playground for children. AND WHEREAS it is expedient to borrow several sums required for the purposes aforesaid on. the credit of the City of and to issue de- bentures therefor payable .in thirty ears from the date of the issue there- of, bearing interest at tie rate of five per centum per annum payable half yearly. AND WHEREAS it Is desirable that the Bylaws- for the several purposes above referred to may be incorporated in one Bylaw. AND WHEREAS the amount of the loan required for each of the works above referred to and the amounts .re- quired to be raised annually to pay the interest and provide a sinking fund for the payment of the debt are tions: PROPOSITION "A1 Purchase of land for Industrial Sites refer- red to in Bylaw No. 94. Amount of the loan required to complete the work.......... Sum to> be an- nually to pay the in- terest.............. Sum to be raised an- nually to provide a sinking fund to pay tho debt........... (1) (2) (3) (4) 5132.80 6.14 (1) (2) (3) (4) 2.68 Total amount to be raised annually..... PROPOSITION "B" Construction of the Coutts Street Bridge referred to in Bylaw No. 95 and No. 105 Amount of the. loan required to complete the work.......... Sum to be raised an- nually to pay the In- terest 757.16 Sum to ba raised an- nually to provide a sinking fund to pay the debt............ 31S.30 4) Sum to raised an- nually. to. provide a sinking fund to say the debt...-......... 1.91 (1) (3) W (1) (3) (4) (1) (2) (3) (4) (1) (2) (3) Total amount to be raised annually----- PROPOSITION "F1 Construction of Elec- tric Plant and Ma- chinery referred to in Bylaws 132, 150, 170 and 210. Amount of the loan required to complete the work Sum to be raised an- nually to pay the in- terest Sum to be raised an- nually to provide a sinking fund to pay debt............ 16.65 Total amount to be raised aintuUly.___'.. "Q" Construction of Sew- age Disposal Works, referred to in Bylaws No. 119, 151 and 170. Amount of the loan required to complete the Sum to be. raised an- nnaiiy toe in- terest 874.83 Sum to he raised an- nually to pro-ride a sinking fund to pay the-debt 367.76 Total amount to be raised Construction of Wa- terworks Plant, re- ferred to la .Bylaws No. 151 and 170. Amount of tie loan 'required-to complete the work Sum to be raised an- nually to pay terest ..........I... 22.57 Sum to be raise-! an nually to provide a sinking fund to pay the-debt.............. 9.49 Total amount to be raised annually..... 532.06 PROPOSITION "I" Construction of the sewers referred to in Bylaw No. 164. Amount of the loan required to complete the work ......___ J7.163.83 Sum to be raised an- nually to pay the in- terest 8uuirtu So raised an- nually to provide a sinking fund to pay the 150.68 (3) (1) (3) (3) (4) (1) (2) (3) W (2) (3) Amount ot the required to thi work Jl.648.80 Sum to be an- nually to pay the in- terest Sum to bo raised an- nually to provide a sinking fund to pay the debt Total amount to be rataed annually...... PROPOSITION "N" Construction of cem- ent sidewalks, refer- red to in Bylaw No. 171. Amount of the loss to complete the work 3o Sum to be raised an- nually to pay the in- Sum to -be raised an- nually to..provide a sinking fund to pay the debt .....i...... Total amount to be raised annually PROPOSITION "O" Constructing pave- ments on the streets referred to iu Bylaw No. 173. of the loan required to complete the work .I........ Sum to be raised an- nually to pay the In- terest...... Sum-to be raised an- nually to provide a" sinking fund to pay the debt........... Total amount to bs raised annually PROPOSITION "P." Construction of tine sewers referred to in Bylaw No. 178. Amount of the .loan to complete the work Sum to be raised an- nually to pay tie in- terest Sum to be raised an- nually to provide a sinking fund to pay the debt............ (3) (4) CD (2) (a) (4) 92.14 J311.33 JS.906.S1 195.34 Total amount to.- be raised annually 8277.45 PROPOSmON "Q" Construction .of the Local Improvements referred to ih: Bylaw jj-4_" ..city's share of cost Amount of "the loan required to the City's share to -com- plete the work ,v... S9.232.90 (3) Sum to be raised an-1 hually: to in- terest 461.65 (4) Sum to be raised an- nuallv to provide ji sinking fund to pay the debt 134.07 (1) (2) Total amount to ba raised annually..... 1509.12 Total amount to be raised annually..... PROPOSITION "C1 (1) The purchase and im- provement of land for tlie Public Park known as Henderson Park referred to in Bylaw No. 119. (2) Amount of the loan required to complete the work........... (3) Sum to b9 raised an- nually to pay the in- terest 'Sum to be raised an- nually to provide a sinking fund to pay the debt 163.68 68.S1 (3) Total amount to be raised annually PROPOSITION "D" The purchase and im- provement of land for a public park known as Gall Park, referred to In Bylaw No. 151. 'Amount of the loan required to complete the work Sum to be raised an- nually to pay the In- terest 1106.95 Sum to be raised an- nually to provide a sinking fund'to pay the debt 44.96 m (2) (3) (4) (D (3) (4) w tw't. Total amount to be raised annually..... PROPOSITION "E" Construction of sewer outlet No. 1, referred to IB 'Bylaw No. 151. ot the loan required to complete Uieworic........... Sum to be raised an- nually to pay the In- PROPOSITION "J" Graditts of Streets, referred to in Bylaw No. 166. Amount of the loan required to complete .the work Sum to be raised an- nually to pay the in- terest 204.38 Sum to he raised an- nually to provide .a sinking fund to pay the debt............. 85.92 (1) (2) (3) (4) (1) (2) (3) (4) Total amount to be rated PROPOSITION "R" Grading of streets re- ferred to In Bylaw, No. 175. Amount of the loan required to complete the-work............ Sum to he. raised an- nually to pay the iu- terest 124.39 Sum to be raised an- nually to provide a sinking fund to pay the debt 62.29 C2) (4) (3) (4) (1) (2) (3) (4) Sum'to raised an- nually to pay, tlfo In- terest Sum lo be raised an. nually to provide a sinking fund to pay the debt............ Total amount to be raised annually PROPOSITION "W" Construction of Black- smith shop referred to In Bylaw No. 208. Amount of the loan required to complete the work Sum to be raised an- nually to pay the in- terest Sum to be raised an- nually to provide a sinking fund to pay the debt Total amount.to ba raised .annually PROPOSITION "X" Purchase of office fixtures referred to In Bylaw No. 208..- Amoanti of the loan required to complete the .Work.......... Slim to be raised an- nually to pay tie In- terest Sum to be.raised an- nually' to provide a sinking fund to pay the. debt Total amount to ba raised annually PROPOSITION "V" Construction of sew- age disposal plant re- ferred to in -Bylaw No. 268. Amount of the loan required to complete the work X.. Sum-to be raised an- nually to pay the-in- tfirest Sum to be raised an- nually .to -provide a sinking fund to pay 'the debt-'..'..-'.-..... Total amount to be raised PROPOSITION "Z" Purchase of land on River Bottom refer- red to in Bylaw No. 208. i of thAjoau required' to- 'complete the t Sum to be rais'e'd an- finally to pay the in- terest Sum; to 'he-raised an- provide-a.- -sinking, tad, toiipay the Total amount' to .be raised annually PROPOSITION' "AA" Construction oft-Park' Supt-'s House.prefer- red to in Bylaw! No. 208. Amount of loan re- quired to complete the work Sum to be raised an- nually to pay the in- terest Sum to be raised an- nually to provide a sinking fund to pay the debt............ Total amount to ha raised annually..... S70.45 113.69 1384.15 1194.65 9.73 4.09 J12-20 50.49 21.23 Amount of the loan required'to complete the 61 (3) Sum to be raised an- nually to pay the in- terest 204.18 (4) be raised an- nually to provide a sinking fund to the debt i.----- 86.88 Total amount to bo raised annually AND WpEREAS before the con; structlon, alteration or extension of any common sewer or system of sew- erage or sewage purification and dis- posal referred to in any ot the propo- sitions above set forth was undertak- en, piano and speoiflcatloni of such construction; alterations, extensions, and in connection with the purifica- tion and disposal of the sewage were sithniltted to and approved "of by the rovincial Board of Health and a cer- .incate of such approval, signed by the Jhairman obtained, stating that the proposed, alteration or extension may bo carried out and that :ho constructed or extended common sewer or system of sewerage and sew- age purification and disposal may be maintained and operated without in- jury or danger to the public health. AND WHEREAS the amount of tiho assessable property In ac- cording to the last revised asesss- ment roll is and th rateable proportion thereof is _ AND amount of the existing debenture debt of the City .of Lethbridge, exclusive of local improvement debts secured by.spec- ial assessment la and no part of the principal or interest there- of Js in arrear. Therefore the Council of the City of Lsthbridge Enacts as Follows: -J The Council may borrow on the credit of the City of. Lethbridge the sum or sums of money required tor any or all ot the propositions herein- before referred to, namely: For Proposition "A" the sum of 571.72 S49.52 20-37 ected In oath year'for, thirty years, luring tlie currency of the nald de- bentures, on 'all rateable prop- rty In the City ot Lethbridge by uooial rote or rates sufficient there- or the following euros for paying the nterest on and tor forming a stnk- ng fund for the payment of the debt :reated in respect ot each of the said impositions respectively: Proposition "A" The sum of be raised annually to pay the iterest and the sum of shall 9 raised annually- to provide a sink- ng fuud to pay me Proposition "B" The sum of .6 dial! be raised annually to pay the interest and the sum of shall be raised annually 1o provide a sinking fund, to pay the debt. Proposition "C" The of J163.- 58 shall be raised annually to pay the ntterest and tho sum of shall ralijad annually to provide a sink- For Proposition For Proposition For Proposition For Proposition 1 For' Proposibion For Proposition i For Proposition For Proposition Proposition S4.0S7.60. For Proposition For Proposition For Proposition For Proposition "B" the. sum 01 "C" the sum ol "D" the .sum oi "E" the sum of "F1 tlie sum of "H" the sum of the sum o! "J" the sum "L" the sum oi "M" the sum o! For Proposition. For Proposition For Proposition For Proposition the sum o 529.64 Total amount to be raised annually..... PROPOSITION "S" Grading of streets re- ferred to ID. Bylaw- No. 176. Amount of the loan required to complete the work Sum to be raised an- nually to pay the in- terest 152.80 Sum to be raised an- nually to provide, s sinking fund to pay the debt........... 54.S3 (2) (3) (4) Total amount to be raised annually PROPOSITION "K" Construction of (the cement sidewalks, re- ferred to in Bylaw No. .167. Amount of the loan required to complete the work Sum to be raised an- nually to pay the in- terest Sum to be raised an- nually to provide a sinking fund to pay the debt 117.90 Total amount to be raised annually S3S8.36 PROPOSITION "L" Construction of the sewers referred to in Bylaw No: 168. Amount of the loan required to complete the work Sum to be raised an- nually to pay the In- terest 630.04 Sum to be raised an- nually to provide a sinking fund to pay the debt (1) (2) (3) (4) Total amount to be raised annually..... S217.03 PROPOSITION "T" Construction of cem- ent sidewalks refer- red to in -Bylaw No. 177. Amounfi of the loan required to complete the work Sum to be raised an- nually to pay the in- terest 124.65 Sum to be raised an- nually to provide' a sinking fund to pay the debt 52.40 (2) (3) (4) (1) (2) (3) (4) PROPOSITION Municipal Street Rail- way Electric WorSs referred to in Bylaw No. 210. Amount of the loan required to complete tho work........... Sum to be raised an- mially to pay the in- tAT-fiKt ________--...... Sum to be raised an- nually to provide a sinking fund to pay the debt........... 657.66 276.47 Total amount to be raised annually PROPOSITION "U" (1) PaVlns streets refer- red to in .Bylaw No. I 178. I (2) Amount of tie loan I required to complete the work (3) Sum to be.raised an- mially to pay the in- terest 268.72 (4) Sum to be ralsod an- nually to provide a sinking fund to pay tho debt 118.76 (D Total amount to be raised annually..... PROPOSITION "M" Construction' of In- dustrial Power build- Ings, referred to In Bylaw No. 170. Total amount to be raised annually PROPOSITION "V" (1) Construction of sew- ers referred to in By- law No. 104. (2) Amount ot the loan required to complete the work Total amount, to >7 raised annually..... PROPOSITION "CO" Construction of Local Improvements refer- red to In Bylaw No. 211. City's snare of cost. Amount .of the loan required to pay the City's chare to com- plete the work Sum to he raised an- nually to pay the in- terest Sum to be raised an- nually to provide a sinking fund to pay the debt 605.58 "O'f the sum o "P" tho sum o "Q" the sum o "R" the sum o -pay. "D" the' debt ng fund to .._. .--Proposition "D" The sum of 95 Bfoaij bei'.raised annually -to pay the nterest and the sum pt shall >e raised annually, to provide a sink- ng fund to --pay the Proposition "E" The. sum of shall be'raised annually to pay the nterest .and the sum.-of shall be raised provide a sink- ing fund to pay the debt. Proposition "F" The' sum bt 996.17 shall 'be raised annually to pay the interest and. the sum! of ihall be raised annually to provide a linking fund to pay, the debt Proposition 'fa" The sum of 83 shall be raised .annually to pay :he. interest and the .sum of shall be ralsedj annually to provide a sinking: fund to. pay. the debt. Proposition "H" The sum of be raised annually .to pay the in- terest and :.the slim. shall be raised annually.' to provide a sinking fund to pay the'debt Proposition "I" :Tne sum of 44 shall be raised annually to interest and the sum of shall be raised provide a sink- ink fund to fay tfcedebt Proposition sum of 38 shall be raised annually to pay the interest and the: sum of shall be raised provide a sink- ing fund to pay "the-debt. Proposition "K" The sum of 46 shall be-raised annually to pay.the interest and the sum of shall be raised: annually to prov't'e a sink- ing fimd'to pay the'debt Proposition "L" The sum of ?530.- 04 shall be raised annually to pay the Interest and the sum of shall be'raised annually to.provlde a sink- ing fund to pay 'the debt Proposition.'.'M" .The sum of shall be raised annually to pay the in- terest and the sum of shall be raised annually to provide a sinking fund to pay the debt. "N'' .The sum of 17 shall be raised annually to pay the interest and the sum of shall be raised annually to provide a sinking fund to pay the debt Proposition "0" The sum of 19 shall bsjrsised-annually to pay the interest and 'the sum of shall be raised.annually to.provide a sink- ing fund to pay the debt Proposition "P" The sum of 34 shall .be .raised annually to pay tho interest and of shall be raised annually to provide a sinking fund to pay the debt. Proposition "Q" The sum-of >hall be raised annually to provide a sinking fund to pay the debt. 5. That tho Mayor shall attend at hU office In the City of Lethbridge at 10 o'clock In the forenoon on the third (3rd) day of AugiisU A.D. 1914 and 1C requested shall appoint, two persons to attend at the final summing up of the votes and one poruon to attend at each polling place on behalf of the persons Interested in promoting the passing of this Bylaw and a like number on behalf of the persons' in- terested In opposing the pasting of tills Bylaw, The City ClerK shall at his of- fice In the City of Leth'bridge on the 6th day of August AD. 1914 nt the hour of 10 o'clock in tlie forenoon (10 a.m.) sum up the number of votes for and against the Hy-Law. 7. This 'By-law shall take eBect on the day ot the final passing thereof; 8 The votes ot the Burgesses duly qualified to vote on this By-law shall he taken on the 4th day of August A. 1914, at the following places in the. City of Lethbrldge, between the hours of nine (9) o'clock In the forenoon and eight (8) o'clock in the afternoon, For that portion of the City lying North of the C. P. Railway at tlie Gymnasium at the corner of 18th street and Fourth Avenue North, by H. Dawson, who IB appointed Returning Officer to take; the' votes. (b) For that portion of the City lying South of the C. P. Railway at lie Labor Temple facing New Post Office, on 7th Street'South, by B. O. Stickley, who Is appointed Deputy Ke- rning officer to take the votes. READ a- first time this 8th day ot ,ly A.D. 1914. ,W. D. L. HARDIB, Mayor STEVEN, City Clerk READ a second time this 8th day July A.D. 1914: W. D. L. HAHDIE, f '-f, 'Mayor' WM. STEVEN, City Clerk READ a third.time and passed this ......day 1914. Mayor .....................City Clerk NOTICE Notice Is -hereby given that the love la a true copy of the -proposed y-law which has been introduced and hich may be finally passed by the ouncil in the event of. the assent of le Burgesses being obtained thereto ifter one month from first publlca- on thereof in the Lethbridge Daily erald newspaper and that date of jch first publication is the thirteenth .3) day of July 1914, and that upon he day and at