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by direct taxation. It is therefore necessary that such provision, to the extent of eleven cents on the One Hundred Dollars valuation be made in connection with this proposed bond issue. â€" However, if other funds are available, the tax need not be Ievied. In this case, there will be other funds available and the board makes it plain that it is not its intention to levy a direct tax when it says in efâ€" fect, in Section 10 of the Special Election Resolution, that Lake counâ€" ty‘s portion of the motor fuel tax money shall be used to pay the prinâ€" cipalâ€" and interest on these bonds. Section 10 of this Resolution reads as follows: "Section 10: That it is the intenâ€" tion of this board that a portion of the taxes levied to pay said bonds be abated from time to time hereafter by appropriate resolution of this board when funds from the motor fuel tax fund are realized and made available for the payment of said bonds, principal and interest, and such abatements are to be made anâ€" nually in amounts equivalent to the funds thus realized for the payment of said bonds or so much thereof as may be necessary for said purpose. Refund Resolution Before I proceed with a discussion of the proposed bond issue I feel that attention should be called to another resolution adopted by the board at the March session. This resolution is generally referred to as the Refund Resolution. Many people no doubt understand that if a county built pavement is made a part of the state bond issue system of highways, the county is entitled to receive from the state a refund of money equal to the total original cost of that paving proâ€" ject. Lake county has some highâ€" ways which fall in this classification, the refund on which will substantialâ€" ly excell $500,000. Practically all of this refund money should be available within four years. This Réfund Resâ€" olution enumerates, for the guidance of this and future boards, the roads which should form parts of the paved system of roads of this county and suggests that they be constructed with this refund money. The roads enumâ€" érated in this Refund Resolution are as follows: Refund Roads 1â€"A road forming a connection beâ€" tween State Bond Route 59 and State Bond Route 19. Thursday, April 24, 1930 2â€"Rockland Road from Green Bay Road to Sheridan Road. 3â€"A route connecting Green Bay Road with Sheridan Road between the cities of Zion and Waukegan. 4â€"A road through Russell from Green Bay Road to State Bond Route 68. . f 5â€"An ‘extension of Wadsworth Road westerly to State Bond Route 68. 11â€"Wilson Road continued southâ€" erly to a connection with State Bond Route 59â€"A. 6â€"Washington St. extended from Green Bay Road westerly to State Bond Route 69. 9â€"â€"A connection between Rand road and State Bond Route 22 west of Lake Zurich. 7â€"Buckley Road from Telegraph Road to State Bond Route 21. 8â€"Town Line Road from State Bond Route 176 in Mundelein. 10â€"Big Hollow Road from Wilson Road to the McHenry County Line. 12â€"A road connecting the Vilâ€" In addition to the refund for highâ€" ways originaly built by Lake county and later incorporated in the State Bond Issue System, we are entitled to a refund of oneâ€"half the cost of all other pavements built by this counâ€" ty on its State Aid System. This is an obligation which the state has inâ€" eurred and which it is morally bound to pay to the counties. Lake county‘s share of this class of refunds will exceed $400,000 ‘but we have no way of determining how soon these reâ€" funds will be available. lage of Round Lake with State Bond Route 20. STUDEBAKER EIGHT 125â€"127 North St. Johns Avenue FOR AS pow] LITTLE AS $433-OO Completely T you can buy a seasoned WHEN you turn to eightâ€"cylinder power with its smoothness, its flex ibility and its higher resale value, let the eight you choose be sure and seasoned. Studebaker, Builder of Champions, has built 100,000 Eights. These Eights «â€"costs less than 14 different sixes but will be worth more than a six when you trade it in Dictator Eight Club Sedan + + #1195 _ Commander Eight 4â€"Door Sedan #$1515 Dictator Eight 4â€"Door Sedan + #$1295 President Eight4â€"Door Sedan _« #1795 Studebaker also offers three lines of champion sixes from $895 to $1575. Prices at the factowr Sheahen Motor Company T HE P RE SS Studebaker Eights Cost no More to Buy or to Operate ‘The proposed bond issue and reâ€" fund roads should be considered in éonjunction with the existing paveâ€" ments and the roads yet to be paved by the state. Only by such a considâ€" eration may a fair understanding be obtained of the appearance and probâ€" able efficiency of the system as a whole. We have, then, first a proposed bond issued $1,250,000 to provide for the construction of 87% miles of pavements and second, a resolution proposing the construction of approxâ€" imately 24 additional miles of paveâ€" ments. To cover the cost of this latâ€" hold the greatest world and interâ€" national records, and more American stock car records than all other makes combined. command of this champion performance. A small down payment gives you ter 24 miles there will be available within four years at least $500,000 from the refunds first mentioned and within an indeterminate period of time an additional $400,000 from the second class of refunds above menâ€" tioned. ‘The first $500,000 will proâ€" vide for the construction of at least 15 miles of the proposed 24 miles within four years and it is at least made on the other $400,000 by that a possibility that payments will be a possibility time. The complete letter signed by R. M. Lobdell, as ‘county superintendent of highways. Phones 388 and 1241 DOW Nâ€"Delivered, ‘ompletely Equipped DOWN