HomeMy WebLinkAbout1924-001 Auto Camp ImprovementsEESOLUTION
day of ~"lcm,~,~ Calling a special election to be held on the
1924, for the purpose of permitting
the qualified electors of the City of Ashland to vote upon the
proposition as to whether the Co~fimon Council of the City of
Ashland shall issue bonds in 'an amount not exceeding ~10,000.00
to be expended by the Ashland Park Commissio$ for such extension
equipment and. ~mprovement of the municipal auto csm~p in Askl&nd
Oregon, as said Ashland Park Commission may deem best.
~HEi~AS, by petition of the Ashland Park
Commission dated February 5, 192~, the said Ashlarld Park
Com~nission did request of the [~[ayor and Co~:mon Council of the
City of Ashland to call a special election of the electors of
the City of Ashland at as early a date as practicable for the
purpose of securin~ an authorization from said electors for the
issuance of bonds by the ~/~.ayor and Co~nmon Council of said City
in an amount not exceeding $10,000.00, to be expended by the
Ashland Park Com~.~ission in such~anner as they may deem best for
the e_~:tension and improvm~ent of the municipal auto canto in
Ashland, Oregon, and
~EqEP~AS, in said petition, the said Ashla. nd Park
Com~nission requested that said $10,000.00 issue of bonds to be
authorized at said special election, be of the denomination of
~1000.00 each, with interest at not to exceed six per cent per
annum, said bonds to constitute a general obligation of the City
and to be serial in nature, and $1000.00 of said bond issue to be
retired each year, and
WHEREAE, it ham been reported to t~he ~[ayor and
Common Council that the earnir~s of the municipal auto camp in
said City for 1922 were $ and for 1923 ~
and that the business of the said m. unicipal auto camp will
undoubtedly increase year by year, and
'~r~REA~, i~ has £urther been reported that the bond
issue, if a~thorized at said special election Gould and should be
retired by a sinking fund to be set aside frGn the revenues of
said 'munici~l auto ca~np without subjecting the people to any
increased taxes for the payment thereol~, and
WHEREAS, the municipal auto catnip is one of the most
productive asse~$ which the Gity of~~ P0S~ ~nd ~
A'Shland Park Commission should be supported in their efforts to
provide for the betterment of said municipal auto camp,
NOW THEREFORE, BE. IT HEREBY RESOL~D, by the ~ayor
and Common Council of t?~ City of Ashland:
Section lo
That a special election of the legal voters of said
City of Ashland be held on the 12th day of Earch, 1924, at which
time there shall be submitted the following proposition to be voted
upon by the eualified electors of said Cit.¥.of Ashland:
Shall the ~ayor and Cormnon Council of the City of
~A~land issue ~Munieipal Auto Cmnp Improve~n~t Bond~' 'el the City
of .Ashland up to the amount of $10,000.00, said bonds to be orr the
denomination of $1000.00 each, and numbered from one to ten
inclusive, and to be serial in character,--the first $1000.00 of
said issue to be made payable one year frcm the date thereof and
$1000.00 made p~yable each year thereafter.until the entire issue
shall have been paid, said bonds to constitUte a general obligation
of the City of Ashls~d, and to bear interest at the rate of not
more than six per cent per annum, payable semi-annually until
redeemable at the office of the City Treasurer of said City of
Ashland, Oregon; PROVIDED, further, that the proceeds from the sale
of said bonds shall be expended by the Ashland Par~o~nmission in
SUch manner as th~ey may deeTM best for the enlarging, equipping and
betterment of the Ashland ~,~unicipal Auto Camp ground; and PROVIDED,
further, that from the revenues of said auto camp ground there
shall be set aside each year in priority over any other purpose
or purposes and as a municipal auto camp improvement bond redemp-
tion Fund, a sum sufficient to meet ...............
the payments of principal and interest on said bonds as they shall
bec omc due.
· ~ ~ Section 2.
an d~;]~~ /~d~.J'~ are ~ re by appointed aa judges
and ~.~ ~/LA~,~
for th~ Second Wa~d in said
and ~ ,~-~~ ,
are hereby appointed as judges
City; that the City Hall ia hereb, y
designated as the voting place for the First Ward and what is
known as the Fire Station on Fourth Street as the Voting place
in the Second Ward, in said City.
The City Recorder is hereby required and directed
to give uotice of such speciaI election and the appointment of
such judges of election by publication thereof in the Ashland
Tidings, a newspaper published in the City of Ashland. Oregon
~ot less than te~ da~a prior to the date fixed fo~
election, which notice shall specify -the place and time of
holding tt~e election in each ward and the question and measure
to be then and there voted upon,
Secti on 3.
That in all particulars, said Special Election
shall be conducted in conformity with Article Four of the Oity
Gharter of the City of Ashland.
The foregoing Resolution was adopted by ~he ~ayor
and Common Council at .q.~egular meeti
of the rules, on the |~ day of
Aye s: ~
To all of which
ng ~ld ~nder a suspension
~ , ,,. 1924,
I hereby certify.
Approved: ~2.~, { C~ 1924,
~cofder
Mayor