Chapter 787. To authorize the city of Tucson, Arizona, to issue bonds for waterworks, and for other purposes
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CHAP. 787.— An Act To authorize the city of Tucson, Arizona, to issue bonds for waterworks, and for other purposes. June 6, 1900. Whereas the mayor and common council of the city of Tucson,Tucson, Ariz.Preamble.Vol. 30, p.252. Arizona, acting under the authority of the Act of Congress entitled “An Act to amend an Act to prohibit the passage of local or special laws in the Territories, to limit Territorial indebtedness, and so forth,” approved March fourth, eighteen hundred and ninety-eight, caused au election to be held in the city of Tucson on the fifth day of May, eighteen hundred and ninety-eight, on the question of issuance of one hundred thousand dollars fifty-year five per centum interest-bearing bonds of the said city of Tucson for the construction of a water and sewerage system in the said city, and notice of said election was duly given as prescribed in the said Act of Congress, and at said election more than two-thirds of the voters qualified, as in the said Act of Con-gress prescribed, voted for the issuance of said bonds; and Whereas afterwards the said city of Tucson appointed a water and sewerage commission to investigate the question of water supply and waterworks for said city, and the said commission recommended to the said mayor and common council the purchase of the existing water plant instead of the construction of a wholly new plant for said city, and the mayor and common council thereupon and after consideration voted to purchase such existing water plant and to issue the said one hundred thousand dollars of bonds for that purpose:
Now, therefore, *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled*, That the mayor and commonIssue of bonds authorized to purchase existing water plant. council of the city of Tucson, Arizona, be, and they are hereby, authorized, upon the passage of an ordinance or resolution to that effect, to issue one hundred thousand dollars fifty-year five per centum interest bearing bonds of said city for the purchase for said city of the exist-ing water plant which supplies the said city and its inhabitants with water.
Said bonds may be made payable in gold coin of Form, etc., of bonds.the United States of America of the present standard weight and fineness. Said bonds shall be in such form and denominations, and payable at such time and place, and interest thereon shall be payable annually or semi-annually, as the mayor and common council of said city shall provide in said ordinance or resolution. Said bonds shall be signed by the mayor, have the corporate seal of the city affixed, attested by the city recorder, and the coupons may bear the engraved or lithographed sig-natures of the mayor and recorder, or be signed by them in person.
ThePurchaser not bound to see to application of purchase money. purchaser of the said bonds shall not be bound to see to the application of the purchase money. The said one hundred thousand dollars of bonds may be issued in whole or in part payment for said existing water plant, and the city may, in addition to such bonds, assume as part of the purchase money of any water plant so purchased any mortgage existing thereon, not exceeding in amount the sum of ten thousand dollars,Further issue to pay existing mortgage. and may provide for the payment of the same by the issue of like bonds of the city, or in such other manner as the mayor and common council shall by ordinance or resolution determine.
Sec. 2. That the mayor and common council of said city of TucsonLevy of tax to pay interest on bonds. are hereby required and directed to levy and collect, in addition to all other taxes in said city, an ad valorem tax upon all the taxable prop-erty in said city sufficient to pay the interest on the said bonds as the same becomes due, and also at or before the, time when the principal of the said bonds becomes due, a further ad valorem tax upon all the taxable property in said city sufficient to pay the same or to provide for the payment thereof.
Such taxes shall be levied and collected at the same time and in the same manner as other taxes upon the property in said city.—use of net revenues of water plant. But the city may use and apply the net revenues of the water plant to pay interest on the bonds issued under this Act, and to the extent that such revenues are actually so used and applied may 554omit the levy and collection of said tax, or the city may use such net revenues or any part thereof for the extension of said water plant.
Sec. 3. Control of water-works, etc.That the mayor and common council of the said city are hereby authorized to operate, manage, and control the said water-works so authorized to be purchased, and for this purpose to appoint such agents, servants, and employees as they may deem proper, and to pay the same out of the revenues from the said waterworks or from any other revenues of the said city not otherwise appropriated. Sec. 4. Repeal.That all Acts and parts of Acts, general and special, so far as they are in conflict with Further proceedings as to bond issue unnecessary.the provisions of this Act, are hereby repealed, and no proceedings for the issue of the bonds in this Act authorized or for the assumption of the mortgage debt in this Act authorized shall be necessary other than those in this Act provided for.
Approved, June 6, 1900.