Imperial Valley press., 1915-05-18
Ordinance No. 153


/ 1915, and submitting TO the qualified
voters of said city the proposition
of incurring bonded Indebtedness
in the sum of two hundred and
fifty thousand dollars (S250, 900. .OO)
fOi the purpose of acquiring, CON
structing and completing by the said
City of FL Centre Of certain mu-
nicipal Improvement, namely, a san
itary sewer system with outfall sew
er 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
purpose and for the levy of tax
for the payment of said bonds, des-
ignating the election precinct and
polling place, and appointing cleo
tion officers fer said election.
] The Board of Trustees of the City
of El Centro do ordain as follows:
Section /. Whereas, the Board Of
Trustees of the City of Ell Centro, at
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 a resolution
determining that the public interest
and public necessity of said City Of FL
Centre and the inhabitants thereof,
demand the acquisition construction
and completion by said City Of Ell 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
municipality, and it 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 COST
thereof is. and will be, 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 14th day of April, 1915,
and was, thereafter duly published on
the 10th day of April, 1915, in the
Imperial Valley Press, a newspaper of
general circulation, printed and pub
lshed in said City of El Centre; and,
Whereas, the pubic interest and
public necessity of ibe City of FL
Centro and the inhabitants thereof de-
mand the acquisition. construction and
completion of said municipal improve
ment, to wit, said sanitary sewer sys-
tenn with outfall sewer and disposal
works for the collection and disposal
of the sewage of said city and the in
habitants thereof, and it is the inten-
tion of said Board of Trustees of said
City of FL Centre to have said munici-
pal improvement acquired, construct
ed and completed: and,
Whereas. the estimated cost of the
acquisition, construction and compile
ton Of said municipal Improvement
Us the sum of two hundred and fifty
thousand dollars $780, 100000, and
sucn cost is, and will be. too great
to be paid out of the ordinary annual
income and revenue of said city;
Section , Now Therefore, That
special election be, and the same is
hereby, called to be 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 a bonded debt for the purpose sci
forth in said resolution and hcreinaf-
/ Ter stated
Section 3. That the objects and pui-
poses for which such Indebtedness is
proposed to be incurred are the fol
lowing, to wit: The acquisition, con
Structon and completion by the said
City of FL Centre of a certain munlcl-
pal Improvement, to wit, 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. 0.000.00), 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 siX
it6D per centum per annum, payable
semi 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 I'll
Centre ON the oath day of May. 1915,
as aforesaid and is hereby called on
that day, for the purpose of submit
ting TO the qualified voters of said
city the proposition Of mourning
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
the collection and disposal of the sew
age of said city and the inhabitants
thereof, and said election shall be held
on said 2ith day of May. 1915, in said
City of FL Centre, California. in all
particulars not recitod in this OIdi-