Los Angeles herald., 1905-10-25
PUBLIC ADVERTISING
Ordinance No. 1864

An Ordinance providing for the issu-
ing of bonds of the City of Los Angeles
in the sum of one million five hundred
! thousand dollars ($1,500,00Ol, for the
purpose of acquiring lands, water
rights, rights of way and other proper
ty, and of constructing bitches, canals,
tunnels and other water works, neces-
| sary to provide the City of Los An
geles with water supply in the owens
River Valley, in the County of lnyo'
State of California. ~,...
Whereas, the City Council of the CITY
of Los Angeles, at it's meeting of
August 9th, 1905, by a vote of two
thirds of all Its members, duly passed
and adopted Resolution and an Ordln-
ance determining that the public inter
est and necessity demand the acqulsl-
tion and construction by said city OF
certain municipal improvement. to VII:
The acquisition of lands, wafer rlghts,
rights-of and other property, ana
the construction of ditches canals, tun-
nels and other water works, necessary
to provide said city with water sup
ply in the owens River Valley, III the
County of Inyo, State of California, anu
that the cost thereof is and will be too
great to be paid out of the ORDINARY
annual income and revenue of said city,
and said Resolution and said ORDINANCE
were approved by the executive or sala
city, to wit, the Mayor thereof, on the
14th day of August, 1906, and We're duly
published on the 18th day of August.
1905, in the Los Angeles Herald, daily
newspaper printed and published IN
said city, ana ,, . .a
City of Los Angeles did thereafter, at
it's meeting of August 2lst, 1908, by
vote of two thirds of all its members
duly pass and adopt an Ordinance cail-
ing a special election to be held on the
18th day of September, 1905, and SUB,
mitting to the qualified voters or sala sali
city the proposition of ineurring deDe
and issuing bonds in the sum OF one
million five hundred thousand dollars
| (S1,5O0, ,000), for the purpose OF acqulr
ing lands, water rights, rlghts-oi way
and other property, and of constructing
bitches, canals, tunnels and other water
works. necessary to provide said CITY
with water supply in the Owens River
Valley, in the County OF li inyo, State es os
thereafter approved by the executive
of said city, to wit the Mayor thereon;
on the 21st day of August, 1905, ana
day for ten days prior to the 7th day OF OF
September, 1906, in the Los Angeles
Herald, a daily newspaper printed ana
published at least six days a week IN
Whereas said special election was
held on the 7th day of September, I9oo,
as provided by said ORDINANCE calling
the same, and by law for holding my uo
nicipal elections in said city, and the
proposition of mourning bonded debt,
hereinbefore mentioned. received more
than two-thirds of the votes OF tne
qualified voters voting at such cleo
whereas, all and. singular, the pro.
visions of the Act of the LEGISLATURE OF
the State of California, entitled, An Act
authorizing the incurring OF indebted,
ness by cities, towns and municipal
corporations, for municipal improve
ments. and regulating the acquisition,
con struction or completion thereof.
and becoming a law February 25th,
| 1901, and of the Charter and ORDINANCES
of said city have been fully complea
with so as to authorize the issue OF
| said bonds:
Now therefore, the Mayor and Coun-
ell of the. City of Los Angeles do or
0as Section Sc ii nj i, That bonds of the City, of
Los Angeles in the sum of one million
five hundred thousand dollars (sl'ooo;,-
OOO) be issued in accordance WIZ
the Legisiature psghiSE Of the state Of
California, entitled, IAN Act authorizing
the mourning of indebtedness by cities,
towns and municipal corporations, f4r
municipal improvements, and regulat-
ing the acquisition, construction or
Completion thereof" and becoming a
Charter and Ordinances Of said city
| for the purpose of acquiring lands,
water rights, rights of-waY and other
property, and of constructing dltches'
canals, tunnels and other water WORKS
necessary to provide said city with a
water supply in the owens Riyer val
! ley, in the County of lnyo, state OF
California; that said bonds shall be
1000 in number; they shall be desig-
mated water works Bonds, 1906" and
shall be issued in the following de-
nominations, to wit: 1000 bonds of the
denomination of $1,000 each, and 1929
bonds of the denomination OF $5OQ
each. and the principal and interest
| thereof shall be payable in lawful
money of the United States; that they
shall be dated November LIST; 1905. toI. ama and
cent a per. cent? per annum, payable s,
semi annually. on the first day OF May
and the first day of November of every
year. Said 1000 bonds shall be pssyabilse is
| in the manner following rs OF sald
bonds of the denomination of $1,000 and
26 of said bonds, Of the denominati9itp Ii,it
on the first day of November, 1906; and
25 of said bonds of the denomination OF
$1,000 and 25 of said bonds of the de-
nomination. of $500 upon the same day
and date of each and every year there
after, at the City Treasury of said city,
together with the interest on all sums
unpaid at such date; and said bonds
shall be substantially in the following
form, to wit:
United States of America. state OF
California, City of Los Angeles.
WATER WORKS BOND 1905.