Los Angeles herald., 1905-09-06
PUBLIC ADVERTISING
Ordinance No. 11,41s

Ordinance No. 11,41S
(New Series.)
An Ordinance calling special elec-
tion to be held In the City or Los An
geles on the Tth day of September, 1905,
and submitting to the qualified voters
of said city the proposition or incur
ring a debt in the sum of one million
five hundred thousand d,5oO.OoOl dol
lars. for the purpose OF acquiring iands.
water rights, rights of way and other
property, and OF constructing dltcnes'
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
levying of tax for the payment OF
said bonds; subdivlding 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
by vote of two-thirds of all its mem
bers duly passed and adopted Reso-
luton and an Ordinance determining
demand the acquisition and construc-
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
County of Inyo, State of California;
and said Resolution and said Ordinance
said city, to wit. the Mayor thereof. on
the 14th day of August, 1905, and were
duly published on the 18th day OF
August 1906. in the Los Angeles Her
published in said city; and
Whereas. the estimated cost OF the
acquisition and construction Of said
municipal improvement is s1,5oo,OOo,
and such cost is and will be too great
to be paid out of the ordinary annual
income and revenue of said city;
Now therefore. the Mayor and Coun-
ell of the City of Los Angeles do or
dain as follows:
Sec, 1. Thai, a special election be
held H IN in the SiT City = Of Los Angeles on the
7th day of September, 1905. for the
object dnd Of sub to
purpose set forth in said Resolution
and Ordinance, and hereinafter stated.
Sec. O.. That the object and purpose
be incurred is the following, to wit:
The acquisition and construction by
the City of Los Angeles of a certain
QUESTION of lands. water rights rights
of way and other property, and the
construction of bitches, canals. tunnels
provide the city with a water supply in
the Owens River Valley, in the County
of Inyo. State of California.
Sec. g. That the estimated cost of
one million five hundred thousand
(1,500, ,000) dollars. and that the rate of
interest to be paid upon said sum Is
-FOUR per cent per annum. That IL the
proposition of mourning the indebted
ness for said purpose so submitted at
such election receives the requisite
the votes OF the qualified voters voting
at such election. bonds of said city in
the amount of s1,500,000 shall be issued
and constructing said municipal i'm
provement- Said bonds shall be two
thousand 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-
nomination Of five hundred dollars
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
1UB lne pTlnclpal ana 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
sum in the treasury of said city set
apart for that purpose sufficient to
meet all sums becoming due for prin-
cipal 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.
shall be opened at six o'clock Of Of the 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: