Arizona republican., 1919-06-22
State of Arizona
ORDINANCE NO. 271.

AN ORDINANCE DIRECTING AND
 CALLING A SPECIAL ELECTION l
 WITHIN THE CITY OF PHOENIA. l
 ARIZONA, FOR THE PURPOSE OF 1
 SUBMITTING TO THE QUALIFIED |
 ELECTORS THEREIN, THE PROP !
 OSITION OF INCURRING AN IN |
 DEBTEDNESS BY THE CITY OF
 PHOENIX, ARIZONA, IN EXCESS
 OF FOUR PER CENT OF THE
 VALUE OF THE TAXABLE PROF.
 ERTY OF THE SAID CITY OF
 PHOENIX, BUT NOT EXCEEDING
 FIFTEEN PER CENT THEREOF,
 BY THE ISSUING OF THE NEGO-
 TABLE COUPON BONDS OF SAID CITY IN THE AGGREGATE PRIN-
 CIPAL SUM OF ONE MILLION,
 THREE HUNDRED THOUSAND DOLLARS FOR THE PURPOSE OF PUR RCH ASING, CONSTRUCTING AND INSTALLING A WATER WORKS SYSTEM TO SUPPLY
 SAID CITY WITH WATER, SAID
 WATERWORKS SYSTEM TO BE
 OWNED AND CONTROLLED FIX l CLUSIVELY BY SAID CITY, AND l DECLARING AN EMERGENCY.
 WHEREAS, in the opinion of the
  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 | waterworxs system for said City, and the inhabitants thereof, to be owned and controlled exclusively by said City of Phoenix, and that an indebtedness be created therefor by the issuing of bonds in the aggregate principal sum of One Million Three Hundred Thous- and Dollars, for the purpose of pur- chasing, constructing and installing a waterworks system. and
 WHEREAS, it is provided by Chapter
 9 Title 52, of the Revised Statutes of
 Arizona, 1913, Civil Code) that prior
 to the creation of said indebtedness
 and the issuance of bonds therefor,
 the question of whether said indebted
 ness shall be authorized, shall be sub
 mitted 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
 imitation; NOW, THEREFORE
 BE IT ORDAINED BY THE COMMIS- SION OF THE CITY OF PHOENIX, AS FOLLOWS:
 Section l. 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- nxi shall be issued in the aggregate sum of $500, 0,000.00, and the proceeds of the sale thereof shall be used for the purpose of purchasing, construct ing and installing a waterworks sys- tem to be owned and controlled by said City; that said bonds shall bear the
 date of their issuance and shall mature
 January l, 1850; they shall be in the denomination of $1,000.00 each and shall be numbered consecutively from one to thirteen hundred. both inclusive; they shall be payable to bearer and bear
 interest as evidenced by coupons at : tached thereto at the rate of per cent ; per annum, payable emi-annually or the first days of January and July |, beginning January l, 1920, at some bank in the City of New York, State
 of New York; said bonds shall be
 signed and attested by the Mayor an6 \ City Clerk and coupons for the interes = thereon shall be attached to each O. ,, said bonds and each of said coupon: l shall bear a fac -simile of the sigma
 
 such signatures appear on said bonds. n Section 2 That a special election b. r the property tax payers of the City o q Phoenix who in all other respects shal e be qualified electors of said City, be e and the same is hereby called and di e rected to be held in accordance witt n law on the 26th day of July, A. D. 1918 = for the purpose of determining whethe e such indebtedness in such amount Shal y be authorized.
 1T Section 8. That at said special cleo e tion the following question shall be, am d is, hereby submitted to the legall
 qualified property taxpayers of the Cit
 of Phoenix, Maricopa County, Arizona If who in all other respects shall be quail e fled electors in said City for their de n termination, to-wit:
 l. Shall the Commission of the City c n Phoenix, Maricopa county, State c e Arizona, be authorized to create an in "a debtedness for and on behalf of tn l. said City of Phoenix, and upon tf l. credit thereof in excess of four pc d centum of the value of the taXabl
 property of said City. but not in exces
 of fifteen per centum of the value III said taxable property of the City ( ss Phoenix, by issuing negotiable coupe ,l bonds of said City in the amount ( rs One Million Three Hundred Thousan ,g Dollars, for the purpose of acquirin Ia funds for the purchase, constructio " and installation of waterworks sy: III tenn, to be owned and controlled e2 ,d clusively by the said City of Phoeni s1 Said bonds to consist of thirteen huI ra dred bonds, numbered one to thirtee 70 hundred both inclusive in denomins ,o tions of One Thousand Dollars eacl
 which bonds shall bear the date of the D issuance; shall be payable to beare
 and bear interest as evidenced by col - lIons attached thereto at the rate . per centum per annum, payable sem ,a annually on the first days of 'Janual , ., and July beginning January 1, 1920, ,S some bank in the City of New Tor Ml ~ State of New York, and said bont n~e ~ shall mature January 1, 1950.'' Ii9 Section 4. That said special electit u shall be held at the regular votir .. places within the City of Phoeni iu which have been designated by ord no nance No. 270, as follows:
 = First Precinct: Adams street schot m. m. Second Precinct; Central scho ITS building
 on Third Precinct: 2s5 North Centr se avenue
 Fourth Precinct: Monroe scho
 building.
 all Fifth Precinct: Northwest corn ny Second avenue and Madison street ed Sixth Precinct: City Hall. ny That said election shall be conduct he by such election officers as shall her Ice after be appointed by resolution of t ITS City Commission, and shall be co
 ducted in the manner prescribed he law and the vote shall be counted, ca ed vassed and returned and the result a he certained as provided by law. ITS Section 5 The form of ballot whi