Los Angeles herald., 1905-08-25
PveLlo ADVERTISING
Ordnance 80. 1I,4Is


New Series.)
An Ordinance calling a special elec-
tion to be held In the City OF Los An-
geles on the 7th day OF September 1905,
Of said city the proposition OF incur
ring n debt In the sum OF one million
five hundred thousand 1,500000l 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,
%ster supply Is 0Hse n tRe owens WEE S River WV va
ley, in the County Of Inyo, state OF
California; providing for the issue OF
bonds for said purpose. and for the
levying OF a tax for the payment or
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, lgO0'
BY a 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 construc-
ton by the City of Los Angeles OF a
certain municipal Improvement, to wit,
the ACQUISITION of lands, water rights,
rights Of way and other properly, ana
the construction of bitches, canals, tun-
nels and other water works, necessary
to provide the city with a water sup
ply in the owens River Valley, in the
County of Inyo, state of California;
and said Resolution and said Ordinance
were approved by the executive Of
said city, to wit, the Mayor thereof, on
the 4th day of August, VeO5, ana were
duly published on the 18th day Of
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 $1,5OO.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. l. That a special election be
and the same Is hereby called to be
held In the city of Los Angeles on the
18th day of September 1905, for the
object and purpose of submitting 70
the qualified voters of said city the
proposition of incurring q debt for the
purpose set forth in said Resolution
and Ordinance, and hereinafter stated.
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
the City of Los Angeles of certain
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
OF Inyo, State of California.
Sec. 8. That the estimated cost of
said proposed public Improvement Is
1,500,000) 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
q nf nj n
the amount of $1,500,000 shall be issued
and sold for the purpose of acquiring
and constructing said municipal inn
provement. Said bonds shall be two
thousand in number. and shall be is
sued in the following denominations,
to wit: One thousand bonds of the de-
each; one thousand bonds of the de-
nomination of five hundred dollars
each. They shall bear interest at the
rate OF four, per cent per annum, and
be payable In lawful money of the
United states In the manner following:
The interest shall be payable semi.
the denomination of one thousand dol
lars and Twenty-Five of said bonds of
the denomination of five hundred dol
lars shall be paid each and every year
date to be fixed by the City Council of
said city, together with the interest on
all sums unpaid at such date.
0ct. 4. nat lOT the purpose Oh pay
ing the principal and 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-
cipal and interest on such bonds 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 it shall be coll
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: