Los Angeles herald., 1905-08-26
punLlc ADVERTISING
Ordinance No. 11,4ts

Ordinance NO. NNfNNH
(NeW series.)
An Ordinance calling q special cleo
tion 10 be held In the City OF Los An
peles on the 9TH day Of Septe m Der, 1905,
and submitting to the qualified voters
OF said city the proposition of incur
ring a debt In the sum OF one million
five hundred thousand U,So0, ,000) dol
lars, for the purpose Of acquiring lands
water rights. rights Of way and other
property. and OF constructing bitches,
canals, tunnels and other water works,
nec,esssry TO- provide .he os. the city with Y.i
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 of
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 1909
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 constrvo-
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 a 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 14th day Of August 1905, and were
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 S1,50O,OOO,
and such cost is and will be too great
A. ~. 4 80 fIa In ~
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
the qualified voters of said city the
proposition of incurring 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
the City of Los Angeles of a certain
municipal Improvement, to wit, the ac-
quisition 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 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
(1.5O0, ,OOO) dollars, and that the rate of
interest to be paid upon said sum Is
four per cent per annum. That II the
proposition of mourning the indebted
ness Tor 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
the amount of $1.500.000 shall be issued
and sold for the purpose of acquiring
and constructing said municipal i'm
thousand in number, and shall be is
sued in the following denominations
to wit: One thousand bonds of the de-
nomination of one thousand dollars
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
annually; twenty-five of said bonds OF
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
at the City Treasury. on the day and
date to be fixed by the City Council of
said city, together with the interest on
all sums unpaid at such date.
Sec. 4. That for the purpose of 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
q 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 1t shall be col
1ected 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
ton shall be printed in the following
form: