Arizona republican., 1919-07-08
Legal Advertising
NOTICE OF CALLING OF SPECIAL
 ECTIOM

providing for special election herein after referred to, which Hald ordinance is aE follows.
 ORDINANCE NO. 271
 AN ORDINANCE DIRECTING AND CALLING A SPECIAL ELECTION WITHIN THE CITY OF PHOENIX, ARIZONA, FOR THE PURPOSE OF SUBMITTING TO THE QUALIFIED ELECTORS THEREIN. THE PROP OEITION or MOURNING AN lN- DEBTEDNESS BY THE CITY OF PHOENIX, ARIZONA, IN EXCESS OF FOUR PER CENT OF THE VALUE OF THE TAXABLE PROP ERTY OF THE SAID CITY OF PHOENIX, BUT NOT EXCEEDING FIFTEEN PER CENT THEREOF, BY THE ISSUING OF THE NEGO- TABLE COUPON BONDS on SAID CITY IN THE AGGREGATE PRIN- CIPAL SUM OF ONE MILLION, THREE HUNDRED THOUSAND DOLLARS FOR THE PURPOSE OF PURCHASING, CONSTRUCT ING AND INSTALLING A WATER WORKS SYSTEM TO SUPPLY SAID CITY WITH WATER, SAID WATERWORKS SYSTEM TO BE OWNED AND CONTROLLED FIX CLUSIVELY BY SAID CITY. AND DECLARING AN EMERGENCY.
 WHEREAS, in the opinion of the Commission of the City of Phoenix, municipal corporation within the Coun- ty of Maricopa, State of Arizona, the public interests demand that bonds of said City be issued for the purpose of acquiring funds for the purchase. construction and installation of waterworks system for said City, and the inhabitants thereof, to be owned and controlled exclusively by said City sot Phoenix, and that an indebtedness be created therefor by the issuing of bonds in the aggregate principal sum of One Million Three Hundred Thou sand Dollars. for the purpose of pur- chasing, constructing and installing a waterworks system, and
 WHEREAS, it is provided by Chapter 2. Title 52, of the Revised Statutes of Arizona, 1913, (Civil Code) that prior to the creation of said indebtedness land the issuance of bonds therefor, the question of whether said indebted ness shall be authorized, shall be sub United to the vote of the property taxpayer of the City of Phoenix, who in all other respects shall be qualified electors in said City, for their deter imination: NOW, THEREFORE
 BE IT ORDAINED BY THE COMMIS- SION OF THE CITY OF PHOENIX, AS FOLLOWS:
 Section That with the assent of said property taxpayers, who in all other respects shall be qualified cleo tors of the City of Phoenix as hereinaf- ter provided, bonds of the City of Phoe- nix shall be issued in the aggregate sum of sl.3o0, ,OQO.00, and the proceeds of the sale thereof shall be used for the purpose of purchasing, construct ing and installing waterworks sys- tenn to be owned and controlled by said - City; that said bonds shall bear the date of their issuance and shall mature January 1, 1850: they shall be in the denomination of S1,0C0.00 each and shall be numbered consecutively from lone to thirteen hundred both inclusive; Ethey shall be payable to bearer and ibear interest as evidenced by coupons lattached thereto at the rate of per cent per annum, payable semi annually ion the first days of January and July beginning January 1, 1920, at some lbank in the City of New York, State Of New York; said bonds shall be signed and attested by the Mayor and City Clerk and coupons for the interest thereon shall be attached to each of said bonds and each of said coupons d lures of the Mayor and City Clerk as such signatures appear on said bonds. Section 2. That a special election by the property taxpayers of the City of Phoenix, who in al other re .scts shall be qualified electors of aid City, be and the same is, hereby r7alled and di rected to be held in accordance wit- law on the 18th day of July. A. D. 1919 for the purpose of determining whether such indebtedness in such amount shal be authorized.
 Section B. That at said special cleo ,tion the following question shall be and is hereby submitted to the legally qualified property taxpayers of the City of Phoenix, Maricopa County, Arizona who in all other respects shall be quail flied electors in said City for their de- termination, to-wit:
 Shall the Commission of the City o1 Phoenix, Maricopa County, State oi Arizona. be authorized to create an in ,debtedness for and on behalf of tht said City of Phoenix, and upon thG credit thereof in excess of four pei centum of the value of the taxable property of said City. but not in exces. of fifteen per centum of the value O. said taxable property of the City O Phoenix. by issuing negotiable coupor bonds of said City in the amount o One Million Three Hundred Thousand Dollars, for the purpose of acquiring funds for the purchase, construction and installation of a waterworks sys tenn, to be owned and controlled ex. clusively by the said City of Phoenix Said bonds to consist of thirteen hun dred bonds. numbered one to thirteeI hundred, both inclusive, in denomina -tions of One Thousand Dollars each which bonds shall bear the date O their issuance; shall be payable t, bearer, and bear interest as evidenced by coupons attached thereto at the rat of 5 per centum per annum, payab semi annually on the first days of Jan uary and July. beginning January ] 1920, at some bank in the City of Ney York. State of New York, and sai bonds shall mature January 1, 1850.
 Section f. That said special electio shall be held at the regular votin places within the City of Phoenix which have been designated by ordi nance No. 270, as follows:
 First Precinct: Adams street schoo
 Second Precinct: Central schoc building.
 Third Precinct: 2s5 North Centra avenue.
 Fourth Precinct: Monroe schoC building.
 Fifth Precinct: Northwest corne Second avenue and Madison street.
 Sixth Precinct: City Hall.
 That said election shall be conducte by such election officers as shall here after be appointed by resolution of tn City Commission, and shall be con
 T