Imperial Valley press., 1920-04-02

IS, FRIDAY, APRIL 2, 1922
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purposes for which the said indebted
ness hereinabove first mentioned IS
proposed to be incurred are the fol-
lowing, to-wit: the acquisition, con-
struction and completion by the City
of FL Centre of certain revenue-pro-
ducing municipal improvement, to-wit:
municipal water works and water sys-
tenn of said city including the acquisi-
tion of lands, water rights. rights OF,
way and the construction of aqueducts,
bitches, canals, reservoirs, distribute
ing system, pumping and publication
plants and other works necessary
therefor for the purpose of furnishing
and supplying the City of FL Centre
and the inhabitants thereof with water
for domestic use and irrigation pur-
poses, eXtinguishing fires, flushing
sewers, sprinkling streets and other
purposes; that the estimated cost OF
said municipal improvements is One
Hundred and Ninety-five Thousand
Dollars ($195, ,000), and said cost is
and will be too great to be paid out
Of the ordinary annual income and rev.
enue of said City; that the amount of
the principal of the Indebtedness to be
Incurred therefor is One Hundred Nine
ty-five Thousand Dollars ($195,000)
and that the maximum rate of inter-
est to be paid on said indebtedness is
six per centum (6 per cent? per an
mum payable semi-annually, which
rate shall not be exceeded in the issu-
ance of the bonds for such indebted
ness.
SECTION Nv. That the objects and
purposes for which the said indebted
ness in the second proposition herein
above mentioned is proposed to be IN
Cured are the following, to-wit: the
acquisition, construction and compile
ton by the said City of Ell Centro of
certain municipal improvement, to-
wit: a concrete lining of the settling
basins of the present water system Of
said city; that the estimated cost of
sad municipal improvement is the
sum of Twenty-eight Thousand Dol
lars 1928, ,OO0), and that said cost is
and will be too great to be paid out of
the cr.linary annual income and reve-
nue. Of said city; that the amount Of
prime ipal Of the indebtedness to be IN
Cured therefor is Twenty-eight Thou
SAND Iollars ($2S,O00j, and that the
r,ax.mum rate of interest to tc paid
on Sc i'll indebtedness is six per ce"tum
it per cent? per annl.m, payable SEMI
annually which rate shall not be ex-
ceeded in the issuance of the bonds for
such indebtedness.
SECTION V. That the objects and
purposes for which the said indebted
ness in the last proposition hereinabove
mentioned is proposed to be incurred
are the following. to-wit: the acqul-
sition, construction and completion by
the said City Of Ell Centro of a GER
| tain municipal improvement, to-wit:
municipal fire alarm system for the
purpose of signaling to the fire de-
partment of said city when its services
may be needed for the extinguishment
of fire; that the estimated cost OF
said municipal improvement is the
sum of Fifteen Thousand Dollars ($15,-
O00), and that said cost is and will be
too great to be paid out of the ordin-
ary annual income and revenue of said
city; that the amount of the principal
of the bonded Indebtedness to be in
Cured therefor is the sum of Fifteen
Thousand Dollars ($15,00O) and the
maximum rate of interest to be paiC
on said indebtedness is six per centun
! (6 per cent? per annum, payable semi
annually. which rate shall not be ex'
ceeded in the issuance of the bonds fol
such Indebtedness.
SECTION vi. That special elec.
| ton shall be held in the said City o1
Ell Centro on Monday the 18th day Of
, April, 1920, together with the gen
eral municipal election to be held or
said day., as aforesaid. and it is here
by called on that day for the purpose
of submitting to the qualified voter:
of said city separately each of the sait
respective propositions hereinbefort
mentioned, to-wit:
/. The proposition of mourning {
bonded Indebtedness in the sum of Ont
Hundred Ninety-five Thousand Dol
lars (s195, ,O00) principal and from thu
sale Of said bonds to pay the cost o.
acquiring, constructing and complet
ing said water works and water sys
tenn for supplying said city and it,
inhabitants with water for domestic
use and irrigation purposes, extin
gushing fires, flushing sewers, sprink
ling streets and for other purposes.
2. The proposition of mourning ;
bonded indebtedness in the sum o
: Twenty-eight Thousand Dollars ($28.
OOO) principal and from the sale o
said bonds to pay the cost of acquir
; ing, constructing and completing sal
: concrete lining of the settling basin
: of the present water system OF sal
City Of Ell Centre.
8. The proposition of mourning
bonded Indebtedness in the sum o
Fifteen Thousand Dollars ($15,000
principal and from the sale Of sal
bonds to pay the cost of acquiring. con
structing and completing said munich
! pal fire alarm system for the purpos
Of signaling the fire department o
said city when its services may b
needed for the extinguishment of fire
Said election shall be held on tn
said 18th day of April, 1920, in sal
City Of Ell Centre in all particular
, not recited ip this ordinance as pro
vided by law for holding municipa
elections in said municipality.
SECTION VII. That if the PROPOSE
ton Of mourning the bonded indebted
ness hereinaboye first mentioned s.