Los Angeles herald., 1905-09-04
PUBLIC ADVERTISING
Ordinance NO. 11,41s


New Series.)
An Ordinance calling a special cleo
tion to be held in the City of Los An
geles on the 7th day of september. lsOo
of said city the proposition OF INCUR
ring debt in the sum of one million
five hundred thousand Q,500,0OOl dol
lars, for the purpose Of ACQUIRING lands
water rights. rights of way and other
property, and of constructing ditches
canals, tunnels and other water works
necessary to provide the city with a
water supply In the owens River Val.
ley, in the County of Inyo, State OF
California; providing for the issue OF
bonds for. said purpose, and for the
said bonds; subdividing the city into
election precincts, designating the poll
ing places, and appointing the election
officers for said election.
Whereas, the City Council of the City
of Los Angeles, at its adjourned meet
ing held on the 9Th day of August, 1000
by vote of two-thirdS of all its mem
bers duly passed and adopted Reso-
luton and an Ordinance determining
that the public interest and necessity
demand the acquisition and oonstruo-
tion by the City of Los Angeles of a
certain municipal Improvement, to wit
the acquisition of lands, water rights,
rights of way and other property, and
the construction of bitches, canals, tun-
nels and other water works, necessary
to provide the city with water sup
ply in the Owens River Valley, in the
and said Resolution and said Ordinance
were approved by the executive of
said city, to wit, the Mayor thereof on
the 4h day of A1gqf5t l9S and Gsv
August 1905, in the Los Angeles Her,
aid, a daily newspaper printed and
published in said city; and
Whereas. the estimated cost OF the
acquisition and construction of said
municipal Improvement is $1,000, 600,
and such cost is and will be too great
~ IL NyNrt tal
income and revenue of said city;
Now therefore, the Mayor and Coun-
Gil of the City of Los Angeles do or
Sec. 1. That a special election be
and the same is hereby called to be
held in the City of Los Angeles on the
7th day of September, 1905, for the
the qualified voters Of said city the
proposition of mourning a debt for the
purpose set forth in said Resolution
Sec. 2. That the object and purpose
for which the said debt is proposed to
be incurred is the following, to wit:
The ACQUISITION and construction by
municipal Improvement, to wit, the ac-
QUESTION of lands, water rights rights
of way and other property, and the
construction of bitches. canals, tunnels
and other water works, necessary to
provide the city with a water supply in
the Owens River Valley, in the County
Sec. 8. That the. estimated cost of
said proposed public Improvement is
one million five hundred thousand
l1,5oo,ooo) dollars. and that the rate of
interest to be paid upon said sum Is
four per cent per annum. That If the
proposition of mourning the indebted
ness for said purpose so submitted at
such. election receives the requisite
number of votes. to wit, two-thirds of
the votes of the qualified voters voting
at such election. bonds. of said city in
and sold for the purpose of acquiring
and constructing said municipal i'm
Provement; Said, bonds shall be two
thogsand In number, and shall be is
to wit: One thousand bonds of the de-
nomination of one thousand dollars
each; one thousand bonds of the de-
each. They shall bear interest at the
rate of four per cent per annum and
the principal and interest thereof shall
be payable in lawful money OF the
United States in the manner following:
The interest shall be payable semi
annually; twenty-five of said bonds of
the denomination of one thousand dol
the denomination of five hundred dol
lars shall be paid each and every year
at the City Treasury, on the. day and
said city, together with the interest on
all sums unpaid at such date
Sec: 4. That for the purpose of pay
luS the principal anu interest OF SAID
bonds the City Council of said CITY
shall at the time of fixing the general
tax levy and in the manner for such
general tax levy provided. levy and
collect annually each year, until such
bonds are paid, or until there shall be
a sum in the treasury of said city set
apart for that purpose sufficient to
meet all sums becoming due for prin-
cfpal and interest on such bonds. a tax
sufficient to, pay the annual interest
of such bonds, and also such part of
the principal thereof as shall become
due before the time for fixing the next
general tax levy. Said tax shall be in
addition to all other taxes levied for
municipal purposes, and 1t shall be col
lected at the same time and in the
same manner as other municipal taxes
are collected, and be used for no other
purpose than the payment of said bonds
and accruing interest.
Sec. 5. The polls of said election
shall be opened at six o'clock of the
morning of the day of the election, and
shall be. kept open until five O'clock
in the afternoon of said day, when the
polls shall be closed.
The ballots to be used at said cleo
tion shall be printed in the following
form: