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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - March 31, 1921, Lethbridge, Alberta PAGE TENT THE LETHBRIDGE DAILY HERALD THURSDAY, MARCH 31, 192! WIIKKUAS the amount of tho loan required for eaeh of Ihe works above roforre'i to tlie amounts required to lie raised annually to pay the. iutorost aud p-.-uviiie a :unMui: fund i 'l-v- PROPOSITION "K" rohastiiK tools and equipment for Works Deiwriineni of Ihe (or thi' payment tin- deM uru sot Amount ot loan required to fortli ill Ihe H'lV mimo -.357.01' PROPOSITION "A" Sum to be raised annually To one Kir, l.no and other apparatus for tin.. City Fire Department. Amount of loan required to pay lor stuuo Sl-I.DOO.Ofl Sur.i he raised annually to tin- interest j Slim lo b" raised annually t to provide a Fund i tu pay the (U'M to provide a Sinking Fund to pay the debt L'Oruiu Total inmnint to ho raised 870.00 i PROPOSITION "L" siM" and installing ;i sot of sealer fgr puhllo use in ttio City. Total amount io be Amount of loan required to By-Law Number 344 A By-luff of the City of Lethbt to provide for borrowing upon bentures the further rum necessary to complete the payments for certain Municipal already completed and for which sufficient, money has not yet been provided, and also for the payment of certain Municipal Works already completed and for supplies, fixtures anil apparatus winch have been purchased as hereinafter set forth and for which tlie money has not yet been provided. WHEREAS the C'tyxhas construct- ed the public works hereinafter re- ferred to and for some of which By- 1.40P.63 laws have been providing tor borrowing upon Debentures the sums cost thereof, PROPOSITION "B" To pay for enjrtini: buildings and iTKikiiu: permanent improvements on the Inhibition, Cronmls of the C'ity. Amount of loan iv quired to for Sum to raised annually to pay the interest Sum In bo raised annually to provul-s a Sinking Fund to pay the debt Total amount to ho raised .annually................ PROPOSITION "C" To pay for (ho purchase and in- stalling of water meters for the Works System of the City. Amount oE loan required to pay inr same 1.537.00 Total amount to be raised annually................ to pay the estimated iud WHEREAS the actual cost of such works lor which By-laws have been Sum to be raised annually passed has exceeded the sum pro-J io pay the interest vided therefor, and Sum to be raised annually WHEREAS owin? to the increase Provide a Sinking Fund In the rate of interest on loans since j to pay the debt, such works were undertaken tne De-1 bentures authorized by said By-laws' to be issued could only be sold at a discount involving a deficiency in the sums required to be provided and such deficiency has been increased by Interest on temporary loans made to pay for the completion of the said work, ajld WHEREAS it is necessary to bor- row upon Debentures such sums as Sum 10 be raisea allmlaiiy are required to complete the pay- ments for Kuch works, making due allowance for discounts oa sale of Debentures bearing a reasonable inter- est and the necessary expenses In connection with the issue anil sale thereof, and WHEREAS it lias been necessary to purchase p. Fire Engine and other apparatus for tha City Fire Depart- ment as hereinafter described in Proposition and PROPOSITION "D" To make Electric Light Service connections in the City. Amount of loan required to pay for same WHEREAS it lias been necessary to pay the interest Sum to be raised annually to iirovide a Sinking Fund to pay Hie debt Total amount to be annually......... raised Sum io be raised annually to pay tlie interest....... Sum to he raised annually to provide, a Sinking Fund Total amount to be raised annually............... 527.71 PROPOSITION "M" Constructing a Storm Sower to drain 13th Street Subway. Amount of loan required to pay for same ".545.00 Sum to be raised annually to pay the interest...... Sum io bo raised annually to provide a Sinking Fund to pay the debt........ Total amount to be raised 152.70 PROPOSITION "N" The City's Share of the cost of opening and extending Reed Street "nder Local Improvement No. 06. Amount of loan required to pay for same Sum to be raised annually to pay tiie interest. Sum to bo raised annually to provide a Sinking Fund to pay the debt 1S3.00 Total amount to be raised annually PROPOSITION "0" To purchase of River Bot- tom in the City for roads and park referred to in By-law No. 151. Amount of loan required to complete payment for same 5636.00 Sum to he raised annually PROPOSITION "E" Purchasing and installing Electric i to pay the interest...... Meters for use iu the Electric System Sum to he raised annually of the City. to erect buildings and make permau- 1 Amount of loan required to ent improvements on tha Exhibition Pay for same Grounds of the City and the City has erected such buildings and made Sum to he raised annually BllLh permanent improvements as to pay the interest hereinafter described in Proposition j Sum to he raised annually and a Sinking Fund WHEREAS it has been necessary j to Pay the debt to purchase and instal water meters for the Water Works System of the Total amount to be raised lu provide u Sinking Fund to pay the debt Total amount to be raised annually ?51.63 City as hereinafter described in Pro- position and WHEREAS it has been necessary to make Electric Lisht Service con- i nection in the City as hereinafter j annually PROPOSITION "P" The construction ot Boulevards in the City as referred to in By-law !221. Amount of loan required to PROPOSITION "F" To pay tor paving file inter- complete same payment for described in Proposition and i pnciion of Ninth Streyi South and WHERE-VS H has been necessary Third Avenue South of the City. tn purchase and instal Electric Met-j Amount ot loan required to ers for use in the Electric System in for same the City hereinafter described in j Proposition "E." and I Sunl to he annually WHEREAS it lias boon-necessary! pay the interest...... to pave the intersection of Ninth j Sum to bo raised uunually Street South and Third Avenue South to provide a Sinking Fund 117.66 Sum io be raised annually to pay tho interest...... 130.14 Sum to be raised annually to provide a Sinking Fund to pay the debt......... 45.59 Total amount to be raised annually................ to pay the debt Total amount ro be raised PROPOSITION "Q" To t'oniplets the payments of short- ages as provided for under By-law annually in the City as hereinafter described in Proposition "F." and WHEREAS it has been necessary to erect a building on the Municipal Golf Grounds in the City as herein- after described in Proposition it has been neciisaary j Erecting a building on the Munici-jSnm to be raised annually to erect a Pest House or Isolation llal Grounds lor a Club Hospital for the City as hereinafter Amount of loan required to I S15S SS ______i Amount of loan required to j pay for'.same to pay the interest Sum to be raised annually described in Proposition "H." and llav 'or same WHEREAS it has been necessary i lo instal and the City haa installed Sum to he raised annually a Heating Plant in Oalt Hospital, a to pay the interest Municipal Hospital In the City as Sum to bo raised annually hereinafter described in Pronositiou i '-o provide a Sinking Fund and to tho debt WHEREAS it .has been necessary to purchase Tools and Equipment for Total amount to be raised the Electric Department of the City I annually as hereinafter described in Proposi- 5016.00 to provide a Sinking Fund to pay the debt Total amount to ho raised, annually................ 167.21 PROPOSITION "H" Krection of a Pest House or Isola- tion and WHEREAS it has been, necessary to purchase Tools and Equipment for the Water Works Department uf the j lion Hospital. City as hereinafter described iu Pro-'Amount oE loan required to position and I WHEREA3 it been necessary i to purchase and instai a .set of scales Sum lo be rahmd annually for public use in the City of Leth-i to pay (ho interest 150.30 bridge as hureiuafter described in j Sum to bo raised annually. Proposition and to provide a Sinking Fund tu pay the debt Total amount fo be raised annually PROPOSITION "I" For iiifjialling a Heating Plant in Gait. Hospital, ;t Municipal Hospital in WHEREAS it haa been necessary tn cons tract a storm .sewer to drain the, surface water from IGtli Street. Subway as hereinafter described in- Proposition and WHEREAS certain work ivas done and money expended in the opening and extending of Street, now known an Sixth Avenue A, ns locnl Improvement No. IJC and u By-law of the Ciiy. General reference and Amount of loan nutuived to portion to be paid by the City at! Ham'? large was Ilxed at of the co.stl and the aairl work cost the sum of j Sum Io In; raised annually of wbich the Clly's sharo is I to pay iho inU-rest as set out jn Proposition anci WHEREAS it is expedient to borrow tho several sums required fur the purposes aforesaid on the credit of J Tutu! amount Ui the City of and to issue j annually Dttbenturcs therefor payable us t.u; Propositions "R" "M." "P." "It." "X." l'AA." ami "GG" in thirty yours and as tu Pro- position in twenty yearn and us to Proposition "11" in fifteen years. Sum to lio lais'.'d annually to provide a Sluicing Fund to pay the debt lie rah PROPOSITION "R" To complete the payments for f'oiltts Street Bririgp referred to in By-lau-s N'umJjffrs 95 timl and in Proposition "B" of By-law Xo. 244. Amount ot loan required to pay fur same 51.076.00 Sum lo be raised annually to puy the interest Hum tu raised annually to provide, a Sinking Fund to pay the dent Totiil amount to be raised G4.56 PROPOSITION "S" To complfito the payments for the pnrcliiiKo anil improvement of land Itno'ivn ;IH ''Henderson Park" referred to in No. IW and Proposition a1. pay for same Sum to IIP niiiipd annually lo pay tlie intereFt Slim to be, raised annually to provide a Sinking Fund to liny the debt. 14.18 .1 I Total' amoiuii to be i annually.......... 5 1.75D.OS PROPOSITION "T" rumplf't'J th and as to Propositions and "K" in ten years from the date uf tho issue thereof Soaring interest at tho rate of six por centum per annum payable half yearly, and WHEREAS it is desirable that the By-laws for the several mtrpouen Khouid be incorporated in one ayments for the on land n as "Cult Park" in PROPOSITION "J" i'lU'fliariing tools ant! fqiiipnicnt for for puhlic iwrk k'i' UK- Klnrlric JJrpjirhiiciil ol1 tlio City, jrpfcm'd tn hi Hy-huv if.I Amount of loiui mniiml io propo-siiinn "D" "of N; jiiiy for samy j Amount nf loan rcfiuinn! io pay for hiunu Sum Ln In; j-atef.'d unnually lo pay I lift Sum to he raiHi.'d annually to provide a Sinking KM ml Sum In be raided annually iu pay the inU'rri.si Sum tu raised annually to pmvidf: a Sinking Fund to pay thi! dobt PROPOSITION n the day and at tho places fixed for taking tlie of tho Burgesses, tho voting; thereon will held be- tween the hours of nine a.m. ami elgll't p.m. DONALD A. DUFF, O Clerlt. ;