Arizona republican., 1919-06-27
Legal Advertising
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 ORDINANCE NO. 271.

CALLING A SPECIAL ELECTION
 WITHIN THE CITY OF PHOENIX. i
 ARIZONA, FOR THE PURPOSE OF l
 SUBMITTING TO THE QUALIFIED | ELECTORS THEREIN, THE PROP 1
 OSITION OF MOURNING AN IN |
 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 OF SAID
 CITY IN THE AGGREGATE PRIN-
 CIPAL SUM OF ONE MILLION,
 THREE HUNDRED THOUSAND
 DOLLARS FOR THE PURPOSE OF
 PUR c H ASING, CONSTRUCTING
 AND INSTALLING A WATER
 WORKS SYSTEM TO SUPPLY
 SAID CITY WITH WATER, SAID
 WATERWORKS SYSTEM TO BE
 OWNED AND CONTROLLED EX-
 CLUSIVELY BY SAID CITY, AND
 DECLARING AN EMERGENCY.
 WHEREAS, in the opinion of the Commission of the City of Phoenix, a 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 a wateEworks 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 nf and Dollars, for the purpose of pur- cl asing, constrrcting and installing q 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 elec- i 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 $1,300,000.00, and the proceeds of the sale thereof shall be used for l the purpose of purchasing, construct | ing and installing a waterWOrks sys- tCn to be owned and controlled by said City; that said bonds shall bear the date of their issuance and shall mature l January l, 1850; they shall be in the denomination of $1,00000 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 semi mi-annually on the first days of January and July, beginning January 1, 1920. at some bank 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 shall bear a fac -simile of the sigma lures of the Mayor and City Clerk as such signatures appear on said bonds.
 Section 2. That a special election by the property tax payers of the City oi Phoenix, who in all other respects shall be qualified electors of said City, be and the same is, hereby called and di- rected to be held in accordance witt law on the 26th day of July, A. D. 1919 for the purpose of determining whether such indebtedness in such amount shal be authorized.
 Section 3. That at said special cleo 2 ]oI : is hereby submitted to the legally qualified property taxpayers of the City of Phoenix, Maricopa County, Arizona 7 who in all other respects shall be quail
 fled electors in said City for their de
 termination, to-wit
 Shall the Commission of the City 0
 Phoenix, Maricopa county, State 0 Arizona, be authorized to create an in
 debtedness for and on behalf of thu said City of Phoenix, and upon tn
 credit thereof in excess of four pc centum of the value of the taxabl . 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 coupol
 bonds of said City in the amount 0 / One Million Three Hundred Thousant r Dollars, for the purpose of acquirini funds for the purchase, construction and installation of a waterworks sys f tenn, to be owned and controlled ex = clusively by the said City of Phoeni1
 Said bonds to consist of thirteen hun
 dred bonds, numbered one to thirtee, 7 hundred, both inclusive, in denomina tions of One Thousand Dollars each 7. which bonds shall bear the date of thei ]. issuance; shall be payable, to bearer f and bear interest as evidenced by cou - pons attached thereto at the rate (
 , per centum per annum, payable semi
 annually on the first days of Januar and July beginning January 1, 1920, a . some bank in the City of New Yorl l State of New York, and said bond |. shall mature January 1, 1950.'
 f Section 4. That said special electio shall be held at the regular votin
 places within the City of Phoeni1
 which have been designated by ordi v nance No. 270, as follows:
 First Precinct: Adams street schoo
 Second Precinct: Central schot f building
 . Third Precinct: 2S5 North Centr;
 avenue.
 Fourth Precinct: Monroe scho V building.
 1T Fifth Precinct: Northwest cornt d Second avenue and Madison street Il Sixth Precinct; City Hall.
 h That said election shall be conducte k by such election officers as shall hert - after be appointed by resolution of u Ie City Commission, and shall be COT - ducted in the manner prescribed
 law and the vote shall be counted, cal