Imperial Valley press., 1908-10-03

California, on the 12th Day of October
 1908, and Submitting to the Qualified
 Voters of Said City the Proposition of
 lncurring a Debt In the Sum of Forty
 Thousand Dollars (s4O,ooo.oo) for the
 Purpose or Constructing a Septic Sewer
 System for the Collection and Disposal
 Of the Sewage of Said City, Provldlnu
 for the Issue of Bonds for Said Purpose
 and for the Levy of the Tax for the
 Payment of Said Bonds, Designating
 the sleetfon Precinct and Polling Place
 and Appointing Election Officers for
 This Election,
 The Board of Trustees of the City of
 Gl Centro do ordain as follows:
 Section l. Whereas the Board of
 trustees of the City of El Centro at a neeting thereof on September Sth, 1908, by vote of two-thirds of all its mem bers, duly passed and adopted a reso-
 ution determining that the public in
 crest and necessity demands the con struction by said city of a certain muni-
 ipal improvement, to-wit: Septic Sewer System for the collection and
 Disposal of 'the sewage of said City; and
 Whereas said resolution was approved
 " the executive of said city, to-wt . 5n the Sth day of September. 1908, at said meeting of the said Board and
 Whereas said resolution was duly pub ished on the 18th day of September, 1908, in the Imperial Valley Press, a weekly newspaper of general circulation, published in said City of El Centro, and Whereas the estimated cost of the construction of the said Septic Sewer System is $40,00O and such cost is and will be too great to be paid out of the ordinary annual income and revenue of said city, and
 Whereas the public interest and public necessity of the City of El Centro and Iof the people thereof demands the con- Istruction of a Septic Sewer System in Isaid City, the cost of which municipal Improvement will be too great to be paid out of the ordinary annual income and revenue of said city,
 Section 2. Now, therefore, special election Is hereby called to be held in the said City of El Centro on the 18th day of October, 1908, for the purpose of |submitting to the qualified electors of said city, the proposition of mourning a debt for the purposes set forth in said resolution and hereinbefore and herein after stated
 Section 3. That the object and tpur- poses of said municipal improvement and construction of said Septic Sewer System for said city is determined and declared by the Board of Trustees of said city to be for the purpose of collection and dis posing of the sewage of said city and of the inhabitants thereof and to i'm prove the health of said city and to fur nish the people of said city with a proper and sanitary sewage system, the es- innate cost of which municipal improve ment will oe $4O,000; that it is the in tention of said Board of Trustees of said city to submit to the qualified elec- tors of said city on the date mentioned in Section 2 hereof, the proposition of mourning a bonded indebtedness of $4O,- 900. and with the money derived from the sale of the bonds pay the cost of said municipal improvement.
 That special election shall be held in the City of Fl Centro on the 18th day of October 1908, as aforesaid, and is hereby called on that day for the purpose of submitting to the qualified voters of said city the proposition of mourning bonded indebtedness in the sum of $40,000, prin- cipal. and from the sale of said bonds to pay the cost of building and con- SLruCLInS Ln0 Sd1Q EoeQLlC sewer system, and said election shall be held on the 18th day of October, 1908. in said City of El Centro, California, in all particulars not recited in this ordinance in the man. ner provided for by the laws of the State of California and ordinances of said city for such election in said city. That the object and purpose for which said in debtedness is supposed to be incurred is for the construction by said City of El Centro of theN aforesaid Septic Sewer System at the estimated cost of $40, 900.
 Section A. If the said proposition of issuing Septic Sewer Bonds for the pur- pose herein mentioned be accepted and approved by two thirds of all the quail fled voters voting at said election in said city, then in that event bonds of said City of Fl Centro, California, to the amount of $40000 principal shall be is- sued and sold for the payment of the cost of said public improvement Said bonds shall be 40 in number and shall be for the sum of One Thousand Dol lars ($1 .00000) each and they shall be serial in character. one-twentieth (1-20th) part of the principal of which shall be paid each year. All of said bonds shall be dated the 1st day Of November 1908. and bear interest at the rate of Five per cent G per cenD per annum. interest payable semi annually on the 1st day of May, and the first day of November of each and every year after their issue until paid principal and interest pay