Arizona republican., 1919-06-13
Legal Advertising

City, which said works are to be owned and controlled by said City; that said bonds shall bear the date of their is- suance and be payable January 1st, 1860: they shall be in the denomination of $1000 each and shall bear interest aC the rate of 1 F per cent per annum, payable seml-annually, on the first days of January and July, respectively Of each year; said bonds shall be num- bered consecutively from one upwards, and shall be signed and attested by the Mayor and the City Clerk Said bonds shall be payable to bearer and coupons for the interest thereon shall be at tached to each of said bonds so that the same may be removed therefrom with out mutilating the bond and each of said coupons shall bear a facsimile of the signatures of the Mayor and City Clerk as said signatures appear on said
 bonds; provided, however. that it shall be stipulated in said bonds that the l City of Phoenix reserves the right to pay all such bonds in their numerical
 order at the rate of S65 900 thereof per annum from and after the expira-
 ton of 20 years from their date.
 | Section g. That a special election is | hereby o'dered to be held in said City l of Phoenix, State of Arizona, on the
 18th day of July, 1919, for the purpose | of submitting to the property tax pay | CTS of said city, and who shall in all l other respects be qualified electors in 1 and for said City, the question whether 1 the indebtedness of said City shall be | increased over and above the f per cent limitation as provided by law by l the issuance of bonds of the said City ! nf i'm, no | Sl,300,0 600, the proceeds thereof to be
 used as aforesaid, for the purpose of | purchasing, constructing and install- ing pumping plants, pipe lines, reser-
 voirs and other works needed 10 supply
 said City with water of suitable qual- ity and in sufficient quantity to meet the demands of said city, said works to
 be owned and controlled by said City
 Section 1. That said special election | shall be held at the regular voting places within the City of Phoenix and
 shall be conducted by such election of ficers as shall hereafter be appointed by resolution of the City Commission
 and shall be conducted in the manner
 prescribed by law and the vote shall be
 counted, Canvassed and returned and
 the result ascertained as provided by
 law The form of the proposition so tC
 be subpitted as such special election
 shall be as follows:
 Shall the indebtedness of the City
 of Phoenix be increased over ant
 above the per cent limitation as pro-
 vided by law, by the issuance of bonds
 of said City of Phoenix, the proceeds
 of the sale thereof to be used for the
 purpose of purchasing, constructing
 and installing pumping plants, pip, lines, reservoirs and other works need. ed to supply said City with water O
 suitable quality and in sufficien
 quantity to meet the demands o said City, which said works are t } be owned and controlled by said City said bonds to be in the aggregate sun l of S1,300.000. to be of the denomina } tion of $1,000 each, to mature on th 2 first day of January, 1960 to bear tn
 date of their issuance, to bear interes
 from the date of issuance until bait at the rate of Az per cent per annum payable semi annually on the frs 5 days of January and July respectivel r of each year, to be numbered consecu lively from one upwards, to be signet ; and attested by the Mayor and tn
 City Clerk, to be payable to bearer an, the coupons for the interest thereon t f be attached to each of said bonds S
 that the same may be removed there
 from without mutilating the bonds, an { each of said coupons to bear a fac 7 simile of the signatures of the Mayo 9 and the City Clerk, as said signature s appear upon said bonds Provided 3 however, that it shall be stipulated i
 said bonds that the City of Phoeni reserves the right to pay all such bond
 in their numerical order at the rate c
 900 therecf per annum from an
 after the expiration of 20 years fror
 their date"
 : Section ,. Immediately following tn 7 said proposition so to be submitted t : the property tax payers of said cit who shall be in all other respect ' qualified electors in said City, ther 2 shall be printed on the ballot to h used at said election the words "Yes < and No in such manner that sai I electors of said City may clearly e1 } press their approval or disapproval ( 2 the proposition so to be submitted, a aforesaid, substantially as required i F Section 6, of Chapter KY, of the Char 2 ter of the City of Phoenix.
 7 Section 6. That at least five copie Y CT the order herein contained callin z said election, shall be posted in publi places, within the City of Phoenix. z T least twelve days prior to the date | said election by or under the directio of the City Clerk who shall also DO.
 a copy thereof at each polling plac
 within said City, as provided by Para : graph 5270, Revised Statutes of Ar r. zona, 1913, and in addition to the pos
 ing of said notice of said election. pull $ lication thereof shall be made in son II newspaper which shall be designate d by the Mayor for at least thirty day
 prior to the date of said election. e Section :. WHEREAS, there is a o urgent necessity that the City of Pho, II nix be supplied with water of sutaib g. quality and in sufficient quantity > meet the demands of said City throus $ the acquisition of said water work O and
 Il WHEREAS, the immediate preserv; n tion of the public health, welfare ar safety of the City requires that tn If ordiance shall become effective in ,, mediately.
 V NOW THEREFORE, an emergent i- is hereby declared to exist and tn d ordinance is hereby declared to be e, l. empt from the Referendum provision
 of the City Charter, and this ordinan 1f shall take effect and become operati, IS from and after it's passage and a " proval by the Mayor.
 > Passed by the Commission of t Is City of Phoenix, this 11th day of Jur IF 1919.
 t. Approved this 11th day of June. 191 S. PETER CORPSTEIN. KS Mayor.