Arizona republican., 1919-07-05
oUEsTION SUBMITTED

Shall the Commission of the City of Phoenix, Maricopa County, State of Arizona, be authorized to create an indebtedness for and op behalf of the said City of PhoenSS, and upon the credit thereof in excess of four per centum of the value of the taxable property of said City, but not in excess of fifteen per cen tum of the value of said taxable property of the City of Phoenix, by issuing negotiable coupon bonds of said City in the amount of One Million Three Hundred Thousand Dollars, for the purpose of acquir- ing funds for the purchase, con- struction and installation of waterworks system, to be owned and controlled exclusively by the said City of Phoenix. Said bonds to consist of thirteen hundred bonds. numbered one to thirteen hundred, both inclusive, in de- nominations of One Thousand Dol lars each; which bonds shall bear the date of their issuance; shall be payable to bearer, and bear in- terest as evidenced by coupons at tached thereto at the rate of 5 per centum per annum, payable semi annually on the first days of January and July beginning Janu- ary l, 1920, at some bank in the City of New York, State of New York, and said bonds shall ma ture January 1, 1950."
 Immediately following said propo- sition so to be submitted to the prop erty tax payers of said City, who shall in all other respects be qualified cleo tors in said City, the words Yes and No" shall be printed in such manner that said electors of said City may clearly express their approval or disapproval of the proposition so to be submitted, substantially as required ir Section 6, Chapter XV, of the Charter of the City of Phoenix.
 Section $. The Clerk of the City oi Phoenix is hereby authorized, in structed and directed to post at least five copies of this Ordinance and the Notice of Special Election in five pub lie p-5ces within the City of Phoenix at le\st twelve days prior to the date of the election hereby called and di rected to be held, and shall post { copy of said Ordinance and Notice O Special Election at each of such polling places, provided, that in addition t' the posting of said Ordinance and thu Notice of Special Election, publication of said Ordinance shall be made in tn Arizona Republican" being news paper published in the City of Phoenix Arizona, and further provided that pub lication of the Notice of the Specia Election herein provided to be given shall be made in the said Arizon; Republican, being the newspaper desig mated by the Mayor for that purpose for not less than thirty days prior t the day of said election.
 Section 7 That the Mayor and Clerl of the City of Phoenix are hereby au thorized and directed to cause no tice of Special Election to be poste and published as hereinbefore provided and the said Clerk is hereby furthe authorized and directed to effectuat the various provisions hereof.
 Section s. The preservation of tn public health, welfare and safety c the City of Phoenix. requires that thi ordinance shall become effective i'm mediately and an emergency is here by declared to exist, and this ordinanc is hereby declared to be exempt froi the Referendum provisions of the Cit Charter, and this ordinance shall talk effect and become operative from an after it's passage and approval by tf Mayor.
 | Section g. Ordinance No. 266, passe | by the Commission and approved tt | 11th day of June, 1919, is hereby rt l pealed.
 Passed by the Commission of the Cit of Phoenix this 18th day of June, 19l
 Approved:
 PETER CORPSTEIN.
 Mayor. Attest: FRANK THOMAS,
 City Clerk.