HomeMy WebLinkAbout1927, Sept 21 Tax Anticipation Notes DueRexbu rg; Idaha, Sept. 21, 197
Regular il~ieeting held Sept> 21, 1927.
Peter Mickelsen Mayor in Chair. Councilmen present; F. L. Erdman, L. V. Pvierril,
~'. D. Kelley, W. H. Srsrheelwright, H> E. Poole, Minutes of previous meetings read and approved,
:~. 0. Thompson and J. L. Jones . ~i:. commi.ttee i'rom the property owners on lots 3&4 Block
33 desires to open up the alley from West to East. Alley to be 20 feet, wheelwright
moved that the petition be referred to the Road and Bridge Committee,seconded by Kelley..
To bring in a report at our next meeting, Carried unan.
St was moved by Kelly that the Mayor be empowered to appoint a committee of four including
liimself to investigate and report on the proposition of Deisel Engine for pumping plant
or other power aril street light, moved by Kelley seoonded by IlZiller, Carried unan.
Moved ~?~ ?Lc:':.?.ay,..secbnded by Miller that old warrants listed on page 40 of Uan Dusen audit
,report be ~~noe"l-7.ed, carried unan.
Moved by Kelley, seconded by Erdman that the bonds of the City Clerk be X3000.00 of
City Treasurer~3000.00 of the Pound ILeeper, 500.00 premiums to be paid by the City oz
Rexburg be acoepted, Carriexi-unan.
IVioved by Kelley and Seconded by 14iiller that the claims be allo4ved and ordered paid,
Carried unan.
&ioved that Gve adjourn, `;Carried unan.
Page 40 of the Audit of Van Dusen Snell Co:
CHART
Showing list of Outstanding harrants that should be cancelled, with the understanding should
any of them show up in the future they could be treated as a just claim and a new warrant
issued,
General fund;-
f-, rr Y Outstanding Scholifield Audit 5-1-17
2
449---1917
725
~. 833
835
1393--1920
1707--1921
2515--1923
Diteh_Fund;-
~~ 537--1917 ~:•
ROAD-~-BRIDGE FUND;
TFnknown Number
CEMETERY FUND:;-
Unknown Num~'aer
Pl~TER ',^JORK,S'FUND:- '
;2.50
3.00
1.50
2.25
12,00
10.00
l.oo
4,00
1.20
37::.45
2.00
6.30
770--1917 I.60
762 .75
:::727 8.00
i r. 720 1.65
", 686 <75
..:1,.4156 10.50
'612 6.25
599 106.40
816--1918 4.00 139.90
Total to be cancelled---------------------------------------------=187.15
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0
0
RESOLUTION;
WHEREAS The City of Rexburg has heretofore executed its Tax Anticipation Notes, to Rexburg
State Bank, in the sum of Twelve Thousand Dollars (y~12,000), which tell due on the i`irst
day oi' July, 1927; and,
WHEREAS The said City has not paid the said notes, except Three Thousand Dollars (~3e000)
thereof, and is not now able to pay same, and it is expedient that new notes be executed in
lieu of said past due notes;
BE IT RESOLVED By the R4ayor and Council of the said City of Rexburg that the Iv~ayor of said,
504
Continued;
city be and he is hereby authorized, empovrered and. directed to execute, with the Clexk
affil Treasurer of said city and under theseal of the city, Tax Anticipation Notes 'to said
Rdxburg State Bank., in the principal sume of NINE ^iHOUSAND DOI,TiARS (w9000), to fall due
on the first day of January, 1928, and to dray interest at the: rate of six per cent per
annum, in renewal of notes now held by said bank,
Passed and approved this 5th day of October, 19270
ATTppEST; ~~~~
Yp~if li .
~/ CLERK
(SEAT,
S
Pi.AYOR
A'Ioved by Kelley and seoonded by Erdman that the above resolution be accepted, carried unan,
All votede