Los Angeles daily herald., 1889-08-10

WHEREAS. on the 9Th day of July, 1889, the
City Council Of the City of Los Angeles, by
vote of more than two-third DIS of sll its members
passed an ordinance declaring and determining g
that the public interest ard necessity OF the
people of the city of Los Angeles demands th
acquisition OF property for school purposes and
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 $159, 900;
that the number OF sites to be purchases odn Is
making total of 100000. And, whereas.
said ordinance was approved by the Mayor OF
said city on July 8, 1880, and was published
11th day of July, 1889, in the Los Angeles
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 a 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
the Office of the City CLERK; now, therfore, at
this, the next regular meeting of the City Coun'
ell of the city of Los Angeles after such publ
cation,
TIE Mayor and Council Of the City Of Los an
getes do orddin as f0llOlos'
SECTION L. That the public interest and ne
eessity of the people of the city OF Los Angeles
demands the TO blowing named public i'm
provements and that 1t is the intention of the
Council of said city to submit to the utlided
voters of said city the proposition OF mourning
debt of 5000, 900, and for which amount
bonds shall be issued for the payment of the
following-named impTovem ents, viz:
To acquire property for school purposes, for
the construction of sehoolhous. S and the addt'
ton TO, altera, ion and repair of school
houses now existing, the cost of which will be
too great to be paid out of the ordinary annual
income OF the city.
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 end of the additions 10, alter
atoms and repair OF buildings now III exist.
enee will be $l59,00o, making total OF
300, 900.
SEC. 2 If the proposition be accepted by the
allied voters of said city, honds Of 'alu city
20 the amount of 5000 900 shall be issued Tor
the payment OF the cest of said contemplated
Improvement, and said bonds shall De serial IN
character, and One-twen tieth naIt OF the Whole
interest due ON all sums unpaid at that date,
shall be PAID each year. Said oonds shall oe
two hundred in number and each for the SUN
Of 81 600, and they shall each be dated octooer
l, 1889, and shall bear interest at the rate OF
five per cent. per annum, interest paysple
semi-annually on the first dayof April ana hrst
day OF october of each year after the issuance
OF the bonds, and shall be payable AT the Ch MI
cal National Bank, of New York City. IN the
state OF New York
SEC. 8. special election shall be held II
said ciy of Los Anpe es on August 81, 1888
and is hereby called for the purpose OF snbm l.
ting to the qualified voters OF said city the
proposition of incurting debt II the unlec
and purposes herein set FORTH Said election
shall be conducted in the manner provided
for in the charter of said city and the laws oi
the State of California. The ballots to be useo
at said election shall read, "For the issuing OF
bonds" and Against the issuing OF bopus. "
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 or iusHces sud parts cf ordt
No fFt here hv GluI