Imperial Valley press., 1914-02-13
Ordinance No. 113

An ordinance providing for the issu-
ance and sale of interest bearing
bonds of the City Of El Centric, in
the amount of fifty thousand ESQ.,
0O0.00) dollars, for the purpose of ac-
quiring, constructing and completing
by the City of Ell Centre of cer-
tain revenue producing municipal
improvement, tO-wit: Water works
and water system for the purpose of
furnishing and supplying water to
the City Of Ell Centric and the inhab-
itants thereof, including the acqui-
sition of lands, water rights, rights
of way, and the construction OF
aqueducts, bitches, canals, reser-
voirs, distributing system, pumping
and publication plants, and other
works necessary therefor, author
lied by a vote of twO-thirds of all
the qualified vCters of said City of Ell
Centre, voting at a special election
held in said City on June 9th, 1913.
under the provisions of Ordinance
No. 94 of said city, duly passed,
adopted, approved and published:
determining the denomination and
form of said bonds, and how, when
and where said bends shall De paya-
Bile, and fixing the rate of interest
thereon, and repeating ordinance
No. SO.
WHEREAS, the Board of Trustees
of the Citv of Ell Centre at an adj
iourned regular meeting of said Board
held on the 18th day of April, 1913,
by vote of two-thirds of all it's mem
bers, duly passed and adopted reso-
luton determining that the public in
terest and public necessity of the City
of Ell Centre and the inhabitants
thereof demand the acquisition, con-
struction and completion by the City
of FL Centre Of a certain revenue pro-
ducing municipal improvement, name
ly, municipal water works and water
furnishing and supplying water to
the City of Ell Centre and the inhabl
tants thereof, including for such pur
pose the acquisition of lands, water
rights, rights of way and the construc-
ton of aqueducts, bitches, canals, res
ervoirs, distributing system, pumping
and publication plants, and other
works necessary therefor; that tho
GStllI1dUGu COSU VI Sdlu WdIcl WOIho
and municipal improvements connect
ed herewith is Fifty Thousand $780,
000.00) Dollars, and that said cost is
and will be tco great to be paid out of
the ordinary annual income and rev.
enue of said City; and said resolution
was approved by the executive Of said
City, to-wit, the President of the
Board of Trustees Of said City on the
said 11th day of April, 1918, and was
thereafter duly published on the 18th
day of April, 1913, in the 1mperia
Valley Press, daily newspaper of
general circulation, printed and pub
lished in said City Of Ell Centre; and
WHEREAS, said Board of Trustees
at subsequent regular meeting
thereof held on the 9th day of May,
1913, by a vote of two thirds, of all
its members, did, by Ordinance, call a
special election to be held on June 9th,
1918, in said City, submitting TO the
qualified voters OF said City the prop-
osition of incurring a debt. in the sum
of Fifty Thousand ($50, ,000.001 Dol
lars for the purpose set forth in said
resolution, and said ordinance was
duly passed, adopted, and duly signed
and approved by the President of the
Board of Trustees; and said Ordinance
No. 90 was thereafter published. as
therein provided, in the last eight con
secutive issues of the said Imperial
Valley Press prior to the sale 9th day
of June, 1913; and
WHEREAS, Said special election
was regularly held on sail 9th 1ay
of June. 1913, as called, and
WHEREAS, More than two thirds
Ct the qualified voters voting at said
yrecial election voted to incur a bond
e. debt of fifty Thousand $50 00O.00)
Dc liars for the acquiring, construct
ing and completing of the aforesaid
les rnue Producing muricIpal mun;Ci
bal improv nent; and,
WHEREAS, Said Board Of trustees
at an adjourned regular and special
meetin, held for such purpose, there
after on the 1t1h day of June, ~ 2,
did canvas the returns Of said special
election and did then and there find
and declare by reSo'Ition that SAID
81 cc;al ection hal been regularly
held, that at said special election one
hundred and sixteen (116) votes, and
no more, were cast; that one hundred
and fourteen Q14) of said votes were
cast in favor of mourning said bonded
Indebtedness in the sum of Fifty
Thousand ($50,00000O Dollars; that
two (2) of said votes were cast against
incurring said bonded Indebtedness;
and that more than two-thirds of all
the voters voting at said special cleo
tion voted to authorize the mourning
of said bonded Indebtedness; and,
WHEREAS, The total amount of
Fifty Thousand ($50,000.00) Dollars,
together with all the Indebtedness of
said City, is within the limits pro
vided by the laws of the State of Cal
ifornit, and it becomes the duty of
the said Board of Trustees to direct
the issuance of said bonds, in the man.
ner provided by law, and said Ordi-
nance No. 81:
NOW, THEREFORE. The Board of
Trustees of the City of FL Centre dc
ordain as follows:
Section /. That the bonds of the
City of Ell Centro in the amount of
Fifty Thousand ($50,000.00) Dollars
be issued in accordance with the pro-
visions of the Act fthe Legislature
of the State of California, which be-