The herald., 1895-02-27
CALLED THE BOND ELECTIONS
The Counci! Met in Special
Session Yesterday
PIRTLE PLAN DOES NOT GO
Tue Manner OF Placing the Bonds Is
Not Yet Decided Upon
Park Extension, Head Works for Water
System and the Tunnel Propositions
Are Laid Over.
PIRTLE PLAN DOES NOT GO

The City Council will not accept the
proposal of F. J. Cooper OF the Pirtlc
Trust Company to place the proposed
per cert bonds of the city at par for
10000. This was practically decided yes
terdsy at the special session of the Coun'
Gil.
Ey.City Attorney Mcfarland appeared
before the Council in behalf OF Cooper
with.a bond in the sum of $4,000 to Sc
cure the fultillment of tie terms OF the
proposal without loss to the city.
%he finance committee had, however,
previously prepared report to the Coun-
Gil recommending that the bonds bear
interest at the rate of II per cent pay
able sem-annaally in gold.
Your committee, - the report read, is
in possession Of information which leads
us to believe that 1 ~ per cent bond
will sell for a sufficient amount to make
up the difference between the increased
amount of interest and the proposition
submitted by Mr.. Cooper whereby the
city would agree to pay commission OF
$4,000 for the placing of fhis issue OF
bonds.
The finance committee also reported on
the bond election ordinance as follows.
I'VE are advised that legal complica
tions may ensue II vote is taken upon
the question Of issuing bonds for the erec-
tion of school houses, extension of parks,
and the purchase OF land for headworks,
under the same proceedings, and that any
attemp5 to stop the issuance OF bonds
upon such grounds would prevent the is
suance of school bonds for Il period Of
several months, thereby materially Grip
ping the facilities of the school depart
ment
We therefore recommend tlat the City
A attorney be instructed to prepare and
present an ordinance declaring the inten-
tion of the Council TO call All election TO
vote upon the question of issuing S3O6, ,O0O
worth of school improvement bonds, and
that the question of issuing bonds for
headworks, park improvements and eXten-
sions be left to further consideration.
This report was adopted and later the
ordinance of intention to acquire and
construct certain improvements for school
houses and to issue bonds in the sum of
1906, 900 for the payment thereof was
passed.
The ordinance calling for am election on
Thursday, March 2lst for the purpose OF
voting on the proposition to refund the
present bonded Indebtedness OF the city
was passed yesterday.
The amount to be refunded is 1896 000
AT present the interest on a portion of
them is g per cent and the balance at
per cent. The bonds are to be refunded
at IL per cent, are to be serial, and will
run for forty years. They are to be dated
ON the lst OF May and the INTEREST," is to
be paid semi-annually, and one-fortieth
of this principal to be paid each year.
The Council also passed an ordinance
continuing the Free Labor Bureau, contin-
uing an assistant superintendent of build
lngs, and continuing the office of meat
inspector.
The Council, being in session, could
not miss the opportunity to ia Se a shy at
street improvements, and few motions
for the Board of Public Works to wrestle
with were the result.
Savage moved that all repairing on the
streets be done with crushed rock instead
of gravel. The matter was referred to the
Board of Public Works.
Savage stated that the streets i'll his
ward which had been filled i'll with gravel
before the rains were now Just as bad as
ever.
Stockwell moved that the Street Super
intendent be instructed to clean the gut
ter on the east side OF Griffin avenue
from Main street north far enough to
drain off the storm water. Referred to the
Board of Public Works.
Stockwell moved that the Street Super
intendent be instructed to fill the hole ON
the north side of Alhambra avenue at
Sichel street. Referred to the Board Of
Public Works
kingery moved that an extension of
ninety days be granted Mrs. Doria Jones
in which to complete the grading of Bush
street by private contract. Referred to
the Board of Public Works.
Blanchard moved that the City Attorney
be instructed to present an ordinance
granting permission to improve State
street by private contract. Carried
kingery moved that the Street Superin-
tendent be instructed to lay culvert
across Pico street west of Pearl, in ac-
cordance with plans prepared by the City
Engineer. Carried.
kingery moved that crosswalks be placed
at Flower and Ninth streets and at Grard
and Sentous streets. "a
kingery moved that the Street Superin-
tendent be instructed to repair the cross
walks at Eighth and Hill streets
Street Superintendent Howard has asked
the council to allow him fifteen extra men
for the coming sixty days for the purpose
OF carrying out the Instructions of the
Council to repair the paved streets and fill
up all chuck holes in graded streets.
l.. H. Peck, who sometime ago asked
the Council To grant him an electric light
ing franchise for the southwestern part of
the city, yesterday made his request more
sweeping in its nature and asked for a
fro chise to cover the entire city.
ne council will pass upon the last two
matters on Monday next.
RAILEY'S VIEW BLOCKED