Imperial Valley press., 1915-05-21
Ordinance No. 153

An Ordinance calling a special else-
tion, 10 be held IN the It's of Il
/ Centre on the 2tth day Of May.
/ 1915, and submitting to The qualified
Voters of said city the proposition
Of ineurring bonded indebtedness
/ in the sum of two hundred and
fifty thousand dollars (S25o. .000oo1
i fOi the purpose Of acquiring. con
! structing and completing By the said
| City Of III Centre uf certain mu-
nicipal Improvement. namely. a san
] nary sewer system With ouifall sew
er and disposal works for the cnl
! lection and disposal Of The sewage
thereof. including for sueh purpase
! the acquisition of lands and rights
of way necessary therefor. providing
for the issuance of bonds for said
purpose and for the levy of taa
/ for the payment of said bonds. de-
ignating the election precinct and
polling place. and appointing elee
tiOn officers for said election.
The Board of Trustees af the titY
of III Centre do ordain as follows:
Section /. Whereas. the Board of
! 1lunitta ~ Allt ny VI ~ AAAtNAWH W#
a regular meeting Of said Board held
on the 18th day of April. 1915. by
vote of two-thirds of all its members.
duly passed and adopted resolution
determining that the public interest
and public necessity of said City Of r
Centre and the inhabitants thereof.
demand the acquisition, construction
and completion by said City of FL Cen
tro of a certain municipal improve
ment, namely, a sanitary sewer sys
TEN 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 neces-
sary and convenient to carry out the
objects, purposes and powers of said
municpality, and 1t is the intention
Of said Board of Trustees of said City
of FL Centre to have said municipal
improvement acquired. constructed
and completed, and that the cos
thereof is. and will be. too great IN
be paid out of the ordinary annual in
come and revenue of said city; AMI
said resolution was approved by the
executive of said city. go wit, the Pres
ident of the Board of Trustees Of said
city. on the 18th day nf April, 1915,
and was, thereafter duly published on
the 10Th day O! April, 1918, in the
Imperial Valley Press, newspaper of
general circulation. printed and pub
lshed in said City of FL Centre; and
Whereas, the public interest and
: public necessity Of thc City Of VI
: Centre and the inhabitants thereof de
= .mand the acquisition, construction and
completion Of said municipal imprhye-
ment, to wit, said sanitary sewer sys-
} tom with outfat sewer and dRposal
, works, for the collection and disposal
of the. sewage Of said city and the in
habitants thereof and IL is the .igtten-
ton of said Board of Trustees Of said
3 City of Ell Centre to have said munici-
} pal improvement acquired, construct.
: ed and completed; and, 5
Wherea$, The estimated. cost of the
: acquisition, constrlistidn sand ssiaple
d. ton of said municipal Improvements
! is the sum of two hundred and fifty
thousand dollars ($250,00Q00), aud
sucn cost is, and will he, too great
to be paid out Of the ordinary annual
: income and revenue of said city:
Section q Now Therefore, That 4
specal election be, and the tsame is
hereby. called to be held i'm the, said
} City of FL Centre ON the 2ttir day OF
May, 1915, for the object and purpose
of submitting to the qualified voters
of said city the proposition Of incur
, ring a bonded debt for the purpose sci
forth in said resolution and hereinaf
ter stated.
Section 3. That the obiects,and pur
e., x,,l,,,I ,-,,,l, ,,,Inl,ioIna..e =
proposed to he incurred arc the fol
lowing, to wit: The acquisition, con
struction and completion by the salt,
City of Ell Centre of a certain muncl-
pal improvement, to wit, sanitary
. sewer system with outfal 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 he 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 8iN
t6) per centum per annum, payable
semi-annually, which rate shall not he
exceeded in the issuance of the bonds
: for such Indebtedness.
Section 4. That special election
shall be held in the said City of II
) Centre OH the oath day of May, 1918
as aforesaid, and is hereby called or
that day, for the purpose of submit
ting TO the qualified voters of said
. city the proposition of incurring a
bonded Indebtedness in the sum of two
| hundred and fifty thousand dollars
: $3.50 100000 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
outfall sewer and disposal works for
~ 4 4. r [.