Los Angeles daily herald., 1889-08-11

A
CERTAIN PUBLIC IMPROVEMENTS, PROVIDING
FOR THE HOLDING OF 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 $200,000, 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 CouD Gil of the City OF Los Angeles by
vote of more than two-thifds of I'll its mem bers
passed an ordinance declaring and determining
that the public interest and necessity OF the
people of the city of Los Angeles demands the
acquisition OF property for schoo! purposes ana
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 ard 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 S159, ,00o
that the number of sites to be purchased is
making total Of 100000. And whereas.
said ordinance was approved by the Mayor of
said city on July 8, 1889, and was published
each day for two weeks o from and including the
DAILY herald, newspaper published in SAID
city. And, whereas, the Council OF said city
has had plans and estimates of The cot 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 nov on hle IN
INC OnAGc VI bhc Nlty blSih Aohl thSl iotNi ~
this, the next regular NEE ting of the City Coun-
Gil of the city OF Los Angeles after such publ
cation,
The Mayor and Council Of the City of Los An
geles do Orddin Us fOlLoWS
SECTION /. That the public interest and ne
cessity of the people of the city OF Les Angeles
demands the 10 lowingnamed public i'm
proven ents. and that it is the inte;i tion of the
Council OF ssid city to submit to the qu4llted
voters of said city the prupc csitiOn OF incurring
a debt of 5000 600. and for which amount
bonds shall be issued for the payment of the
following-named i'm provemente, viz:
To acquire property for school purposes, for
the construction Of schoolhouses and the add
ton to, altera' ion and repair of school
houses now existing, the cost OF which will be
too great to be psid out OF the ordinary annual
The number - Of sites to be purchased for
school purposes is twelve and the estimated
The estimated cost OF the erection of new
school building and of the additions TO, alter
ations and repair o. buildings now IN exist,
enee will be $l59,0O0, making total OF
500, 900.
SEC. 2. If the proposition be accepted by the
qualified voters of said city, bonds u salo CITY
70 the amount of 5000 600 shall be issued for
the payment OF the cost OF said contempated
Improvement. and said bonds shall be serial IN
character, and oue-twei tieth pa1t 81 the whole
amount of said indebtedness, together with tne
interest due on all sums unpaid at that uste,
shall be paid each year. Said bonds shall oe
two hundred in number ana each Tor me sum
l, 1889, and shall bear interest at the rate of
five per cent. per annum, interest pay-ole
semi-annually On the fist day OF April ana hrst
day of october of each year after the issuance
of the bonds, and shall be payable Il the en- mi
col National Bank, of New York City. in the
state OF New York
SEC 8. A special election shall be held in
said ely of Los Anee es on August 81, 1889,
and is hereby called for the purpose Of submit
ting to the qualified voters OF SAID city the
proposition of incurring debt fer the ohjec'
and purposes herein set forth, Said election
shall be conducted in the manuer provided
for in the charter OF said city and the laws OF
the State of California, The ballots to be used
AZ 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 be hereafter determined
by said Council.
SEC A. All ordinances aud parts OF olrdi
nances in conflict herewith are hereby repe aled
eEc 5. The City CLERK she'll certify 10 The
passage OF this ordinance by "A vote Of two