Los Angeles daily herald., 1889-08-09

AN ORDINANCE DECLARING THE NECESSITY OF
CERTAIN PUBLIC IMPROVEMENTS, PROVIDING
FOR THE HOLDING OF A SPECIAL ELECTION IN
THE CITY OF Los ANGELES ON AUGUST 81,
1889, FOR THE PURPOSE OF VOTING FOR OR
AGAINST THE ISSUING OF BONDS IN THE
AMOUNT OF 100000, FOR THE PAYMENT OF
THE SAME, AND PROVIDING FOR THE NUMBER
AND CHARACTER OF THE BONDS TO BE ISSUED
WHEREAS. on the 9Th day of July, 1889, the
City Council of the City of Los Angeles, by q
vote of more than two-thirds of all its members.
passed an ordinance declaring and determining
that the public interest and necessity of the
acquisition of property for school purposes and
the construction of new buildings, ana the
alteration, addition to and repair OF buildings
now in existence, the cost of all of which will
be too great to be paid out of the ordinary an
nual income and revenue of said city: that the
amount to be expended for the erection of new
buildings and the alteration, addition to and
repair of old buildings is the sum of $3.50, 900;
that the number of sites to be purchased is
twelve, and the cost OF which will be $4l 900,
making total of 100000, And, whereas:
said city on July 9. 1889, and was published
each day for two weeks from and including the
DAILY HERALD. a newspaper published in said
city. And, whereas, the Council of said city
has had plans and estimates of the cost of said
improvements made by competent architect,
who has had successful experience in such
work, which plans and estimates have been
adopted by said Council, and are now on file in
tn the office OF the City CLERK; now, t6er1ore, at
Gil of the city OF Los Angeles after such publ
cation,
The Mayor and Council Of the City of Los An
geteS do ordaiR as fOlL0aUS:
SECTION l. That the public interest and ne
cessity of the people of the city OF Los Angeles
demands the following-named public i'm
provements, and that it is the intention of the
voters of said city the proposition of incurring
a debt of 100000. and for which amount
bonds shall be issued for the payment of the
following named improvements, viz:
To acquire property for school purposes, for
the construction of schoolhouses S and the addi-
ton to- alteration and repair Of school,
too great to he paid out Of the ordinary annual
income OF the city.
ne number of sites to be purchased ed 70, o,
scho1l purposes is twelve, and the estimated
The estim sted cost of the erection of new
school building and Of the additions to, alter
ence will be $159,OOO, making total of
100000.
SEC. 2. If the proposition be accepted by the
qualified voters of said city, bonds of said city
20 the amount of 5000, 600 shall be issued for
the payment OF the cost of said contemplated
improvement, and said bonds shall be serial IN
character and one-twep tieth part of the whole
amount of said Indebtedness together with the
interest due on all sums unpaid at that dste,
shall be paid each year. Said bonds shail De
tWS hondred in number ana esch @ d 1r !Ge sb%
l, 1889, and shall bear interest at the rate OF
FIVE per cent per annum, interest payable
semi-annually on the first day OF April ana hrst
day of October of each year after the issuance
OF the bonds and shall be payable at the Che emi-
cal National Bank, of New York City, in the
State of New York
SEC. 8. A special election shall be held in
| said city of Los Anee es on August 81, 1889.
and is hereby called for the purpose OF submit
proposition of incurring debt for the object
and purposes herein set forth, Said election
| shall be conducted in the manner provided
| the State OF California The ballots to be used
at said election shall read, FOR the issuing Of
bonds" and Against the issuing OF bonds. "
| Said election shall be presided over by one in
spector and two judges in each voting precinct,
| the boundaries of which precincts and the
places of voting shall bo hereafter determined
by said Council.
| SEC. A. All ordinances and parts of ordi-
nGuces il conflict herewith are hereby repe aled
] eBC. 8. The City 0lerll shah certify 20 the
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