Imperial Valley press., 1915-05-14
Ordinance No. 1853

I An tlhihdnec tdlllhg special clef-
tion, to be held in the City of I'll
Centro on the oath day of May,
/ 1915, and submitting TO thc qualified
voters of said city tho proposition
of incurring a bonded Indebtedness
in the sum of two hundred and
fifty thousand dollars (s250, 100000
! foi the purpose of acquiring. con-
structing and completing by the said
City of El CentrO of certain mu-
niCipal improvement, namely, a SAN
/ itary sewer system with outfall sew
cr and disposal works for the col
lection and disposal of the sewage
of said city and the inhabitants
/ thereof, including for such purpose
the acquisition of lands and rights
of way necessary therefor. providing
! for the issuance of bonds for said
1 purpose and for the levy of tax
! for the payment Of said bonds, dcs-
iguating the election precinct and
polling place. and appointing elec.
tion officers fer said election.
The Board of Trustees of the City
of FL Centre do ordain as follows:
Section |. whereas. the Board of
Trustees of the City of FL Centre, at
regular meeting of said Board, held
on the 14tr day of April, 1915, by
vote of two-thirds of all its members,
duly passed and adopted a resolution
determining that the public interest
and public necessity of said City Of Ei
1 Centre and the inhabitants thereof
demand the acquisition, construction
and completion by said City of Ell Cen
tro of certain municipal improve
ment, namely, a sanitary sewer sys-
tern with outfall sewer and disposal
works for the collection and disposal
of the sewage of said city and the in
/ habitants thereof, including for such
purpose the acquisition of lands and
rights of way necessary therefor; that
said municipal improvement is neccs-
Sary and convenient to carry out the
/ objects, purposes and powers of said
municipality. and it is the intention
/ of said Board of Trustees Of said City
Iof III Centre TO have said municipal
improvement acquired, constructed
and completed, and that the cost
thereof iS and will he, too great to
! be paid out of the ordinary annual in
come and revenue of said city, and
said resolution was approved by the
executive Of said city. to wit, the Pres
ident of the Board of Trustees of said
city, on the 1dth day of April, 1915,
and was. thereafter duly published on
the 10Th day of April, 1918, in the
Imperial Valley Press, a newspaper Of
general circulation, printed and pub
Iished in said City of FL Centre; aud,
Whereas, the public interest and
public necessity of the City of El
Centre and the inhabitants thereof de
mand the acquisition, construction and
completion of said municipal improve
ment, to wit, said sanitary sewer sys-
TEN with outfall sewer and disposal
works for the collection and disposa,
of the sewage of said city and the in
habtants thereof. and il is the nten-
tion of said Board of Trustees of said
City of FL Ccntro to have said munich
pal Improvement acquired, construct
cd and completed; and
Whereas. the estimated cost of the
acquisition, construction and compile.
tion of said municipal Improvement
is the sum of two hundred and fifty
thousand dollars $780, 0.O0D.00), and
such cost is, and will he, too great
! to he paid out Of the ordinary annual
income and revenue of said city:
Section ,. Now Therefore. That .
special election he, and the same is
hereby, called to he held in the said
City of FL Centre on the oath day of
May. 1915. for the object and purpose
of submitting to the qualified voters
of said city the proposition Of incur
ring bonded debt for the purpose sci
forth in said resolution and hcreinaf-
ter stated.
/ Section 3. That the objects aud pur-
poses for which such Indebtedness is
proposed TO be incurred are the fol
/ lowing, TO wit; The acquisition, con
struction and completion by the said
! City of EI Centro of a certain munich
pal improvement, to wit. a sanitary
sewer system with outfall sewer and
/ disposal works for The collection and
disposal of the sewage Of said city
and the inhabitants thereof, including
] for such purpose the acquisition of
/ lands and rights of way necessary
therefor; that the estimated cost of
said municipal Improvement is the
! sum of two hundred and fifty thou
sand dollars $3.50 100000, and that
said cost is, and will be. too great
! to be paid out Of the ordinary annual
income and revenue of said city, that
! the amount of the principal Of the
/ bonded Indebtedness to be incurred
therefor is two hundred and fifty
thousand dollars $3.50, 100000. and
! that the maximum rate of interest to
! be paid on said Indebtedness is sin
|tG) per centum per annum, payable
annually, which rate shall not be
exceeded in the issuance of the bonds
/ for such Indebtedness.
Section 4. That a special election
shall be held in the said City of El
Centro ON the 24th day of May, 1918,
as aforesaid, and is hereby called on
that day, for the purpose of submit
I ting to the qualified voters of said
city the proposition of incurring q
bonded Indebtedness in the sum of two
hundred and fifty thousand dollars
/ $3.50, ,00o.00O principal. and from the
sale Of said bonds to pay the cost of
acquiring. constructing and complet-
ing said municipal Improvement, to
wit. said sanitary sewer system with
Ioutfall sewer and disposal works for
the collection and disposal of the sew
age of said city and the inhabitants
thereof, and said election shall be held
4 Al -, ,T -,