Powers not abridged. companies. or ice shall be removed; provided, however, that the expense thereof shall not exceed one and one half cent per front foot of any lot; provided that the snow or ice has remained upon the walk for the period of fifteen hours; to repair paving, curbing, sewers and catch basins; to regulate telegraph, telephone, electric Electric wires. light, district telegraph and other electric wires, and provide the manner in which, and places where the same shall be placed upon, along or under the streets and alleys of such city; to regulate the price of gas, electric light, water rates and to regulate and fix the charges for water meters, gas meters, electric light meters, or any other device or means necessary for determining the consumption of gas, water or electric light. This shall not be construed to authorize the passage of an ordinance or resolution on the making of any contract, whereby the above powers are abridged. To fix the charges for making gas, electric light, steam heating, water, telephone and district telegraph connec. Street rallway tions; to compel street railway companies, whenever any street is ordered paved to pave and maintain in width three and one half feet each way commencing at the center of the space between the rails, and in case of failure to do so to provide by ordinance for such paving and maintenance, and for the manner of assessing against such companies the cost thereof; to compel railroad companies to erect, construct, maintain and operate under such regulations as may from time to time be provided by the council, suitable gates upon public streets at railroad crossings; to provide that magazines used for the keeping of gun powder, iuflamable oils and other combustibles, shall not be located or maintained within a certain distance of the corporate limits of such cities; to provide that before any association, company, society, order, exhibition or aggregation of persons shall parade or march upon the streets of such cities, that they shall first obtain from the mayor of such city a permit, when have permits. issued to be without charge, and the same shall state the time, manner and conditions of such parade or march; to provide by ordinance that the width of all streets and alleys, of all additions to such cities, shall be graded in the same manner, and that they shall conform to the width of the existing streets and alleys of such cities; to expel and remove from office, by a vote of three fourths of the members of the city council any elective officer of such city charged with any crime under the statutes of this State, and such removal shall be as provided by section 530 of the code, title 4, chapter 10, for the removal of members of the city council, to make its bonds for all purposes now provided by law or hereafter to be provided by law, payable on or before a date named, or payable at a time certain, as the city council may determine. And such cities shall have full control Bridge funds. of the bridge fund levied and paid upon the property within their coporate limits, and shall have the right to use the same for the construction of bridges and culverts and approaches thereto, repairing the same and paying bridge bonds and interest thereon, issued by such city; and it is hereby made the duty Parades must of the board of supervisors of the counties within which such cities are located to levy annually upon all of the taxable property within such city such a per centum for that purpose as may be directed by the city council of such cities not exceeding the limit fixed by law: provided that no contract heretofore made respecting the application of the bridge tax shall be affected hereby. Approved April 10, 1888. CHAPTER 17. FUNDING OUTSTANDING INDEBTEDNESS OF CERTAIN CITIES. AN ACT Providing for Funding Certain Bonds and Outstanding In S. F. 327. Be it enacted by the General Assembly of the State of Iowa: in excess of SECTION 1. That all cities organized under the general incor- Indebtedness poration laws of the State, and having a population of five $10,000 may be thousand or more according to the census of 1885, and whose funded. outstanding indebtedness, evidenced by the warrants of said cities exceeds the sum of ten thousand dollars, are hereby auauthorized and empowered to fund the same and issue bonds of said cities therefor, in sums of not less than one hundred and not more than one thousand dollars each, having not more than twenty years to run, and bearing a rate of interest not exceeding six per cent. per annum, payable semi-annually. And such cities may also in the same manner refund the indebtedness of said corporations evidence by bonds thereof heretofore issued and outstanding at the time of the passage of this act. SEC. 2. Said bonds shall be substantially in the following Form of bond. . in the State of Iowa for value form: No....the city of...... received promises to pay.. 18.., or at any time before the date, at the pleasure of said city, the sum of ....dollars, with interest at the rate of....per ..... on cent. per annum, payable semi-annually at .... 18.... City treasurer best terms. In testimony whereof the said city council of the city of ...have caused this bond to be signed by its mayor and attested by its auditor or clerk with the seal of said city affixed, this....day of........18.. Auditor or Clerk. Mayor of the City of.... And the interest coupons attached to said bonds shall be substantially in the following form: No.... The treasurer of the city of.... ....... .in the ....... ...dollars, State of Iowa, will pay the holder thereof on the.. ...day City Auditor or Clerk. SEC. 3. Whenever any bonds issued under the provisions of this chapter shall be duly executed, numbered consecutively and sealed, they shall be delivered to the treasurer of said city issuing the same, and his receipt taken therefor, and he shall stand charged on his official bond with all bonds so delivered to him and the proceeds thereof, and he shall sell them on the best to sell bonds on available terms or exchange them for any legal indebtedness of said city, evidenced by the outstanding warrants or bonds of said city outstanding at the date of the final passage of this act, but in no case shall said bonds be so sold or exchanged for a less sum than their face value and all interest accrued at the date of said sale or exchange; and if any such bonds shall be sold for money, the proceeds thereof shall be applied exclusively to the payment of such bonds or indebtedness outstanding at the date of the final passage of this act. When they are exchanged for warrants of said city said treasurer shall at once cancel said warrants as by the ordinances of said city provided. He shall keep a record of all bonds sold or exchanged by him, by num. bonds sold to ber, date of sale, amount, date of maturity, the name and address of the purchaser, and if exchanged, what evidences of debt were received therefor, which record shall at all times be open to the inspection of the citizens of said city; said treasurer shall also report under oath to the city council of said city, at each first regular session thereof in each month, a statement of all such bonds so sold or exchanged by him since his last report and the date of such sale or exchange, and when exchanged, a description of the city indebtedness exchanged therefor. Record of be kept. No bonds is of constitu tional limit. SEC. 4. No bonds shall be issued under this act in excess of sued in excess the constitutional limit nor for any other purposes than to fund the outstanding indebtedness of said cities evidenced by the warrants of said cities outstanding at the date of the final passage of this act, or to refund outstanding bonds, at such time. or by contracts existing at such date and to be performed within the year 1888. terest. SEC. 5. The city council of all cities issuing bonds under Assessment for and by virtue of this chapter shall cause to be assessed and purposes of inlevied each year upon all the taxable property of said city, in addition to the levy for other purposes, a sum sufficient to pay the interest on bonds outstanding issued in conformity with and by virtue of the provisions of this act, accruing before the next annual levy, and such proportion of the principal, that at the end of five years the sum raised shall equal at least twenty per cent of the amount of bonds issued; at the end of ten years at least forty per cent of said amount; at the end of fifteen years at least sixty-five per cent of said amount, and at or before the date of the maturity of said bonds a sum equal to the whole amount of the principal and interest, and the money arising from such levies shall be known as the bond fund, and shall be used for the payment of the bonds issued under and by virtue of the provisions of this act, and the interest thereon and for no other purpose. SEC. 6. Whenever the amount in the hands of the treasurer Redemption of belonging to the bond fund, after deducting the amount re- bonds. quired to pay the interest on said bonds maturing before the next levy, shall be sufficient to redeem one or more bonds, he shall notify the owner of such bond or bonds that he is prepared to pay the same with all interest accrued thereon, and if not presented for payment or redemption within thirty days If bonds not after the date of such notice, the interest on such bonds shall presented incease and the amount due thereon shall be set aside for the payment thereof whenever presented. All redemptions shall be made in the exact order of their issuance, and the notice herein required shall be directed to the address of the owner of said bonds as shown by the record thereof kept in the treasurer's office. terest to cease. or coupons to SEC. 7. If the city council of any city which has issued bonds Unpaid bonds under the provisions of this act, shall fail to make the levy be filed with necessary to pay such bonds and interest coupons at maturity State Auditor. and the same shall have been presented to the treasurer of such city, and payment thereof refused, the owner may file the bond together with all unpaid coupons with the Auditor of State, taking his receipt therefor, and the same shall be registered in the Auditor's office, and the Executive Council at their next session as a board of equalization, and at each annual equalization thereafter shall add to the State tax to be levied in said city a sufficient rate to realize the amount of principal and interest past due and to become due prior to the next levy, and the same shall be collected as part of the State tax and paid into the State treasury and passed to the credit of such city, as bond tax, and shall be paid by warrants as the payments mature to the holder of such bond as shown by the register of the State Auditor, until the same shall be fully satisfied and other remedies Right of hold- discharged; provided, that nothing herein contained shall be er to resort to construed to limit or postpone the right of any holder of any not abridged. such bonds to resort to any other remedy which such holder might otherwise have. Embezzle ment. Publication. SEC. 8. Any member of the council or any officer of any city levying and collecting taxes under the provisions of this act who shall in any, manner participate in, or advise the diversion of said tax to any other purpose, than that provided for in this act shall be deemed guilty of the crime of embezzlement, and shall be punished accordingly. SEC. 9. This act being deemed by the General Assembly of immediate importance, shall take effect and be in force from and after its publication in the Iowa State Register and the Des Moines Leader, newspapers published in the city of Des Moines. Approved April 3, 1888. I hereby certify that the foregoing act was published in the Iowa State Register April 6, and the Des Moines Leader April 7, 1888. FRANK D. JACKSON, Secretary of State. S. F. 408. CHAPTER 18. LEVY OF ADDITIONAL TAX BY CITIES OF FIRST CLASS. AN ACT To Empower Cities of the first class, organized as such since January 1, 1885, to Levy Taxes additional to section 461, Code. Be it enacted by the General Assembly of the State of Iowa: SECTION 1. That all cities of the first class organized as such since January 1, 1885 that have accepted the benefits of the provisions of section 461 of the Code of Iowa, shall in addition to the powers conferred by said section have power to levy and Tax of 8 mills collect a tax not to exceed 3 mills on the dollar of the assessed to pay indebt-valuation of such city or town to pay the interest on any edness for library. indebtedness heretofore contracted or that may hereafter be contracted or incurred for the purchase of land and the erection of buildings for a public library or the hiring of rooms or buildings for such purposes or for the compensations of the necessary employes as provided in section 461 of the Code and to create a sinking fund for the extinguishment of such indebtedness. Approved April 11, 1888. |