The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1921-02-03

providing funds to meet the cost OF
constructing bridge on Second Street
in the City of Kennewick, Washing
ton, over and across the Irrigation
Canal of the Columbia Irrigation Dis
trict, which bridge is to be paid for,
one-half by the County of Benton,
State of Washington, and ore-half by
the City of Kennewick, State of Wash
ington, the said City of Kennewick
shall borrow money in the sum of
Five Thousand Dollars and issue ne
gotiable bonds of said City therefor,
which bonds shall be known and des-
ignated as "Second Street Bridge
Bonds" and shall be numbered one up,
consecutively. Numbers 1 to SO, in
elusive, of said bonds shall be issued
in the denomination of $4,000 each,
and shall be signed by the Mayor of
said City, countersigned by the City
Treasurer and attested by the City
Clerk, and the official seal of said
City shall be affixed thereto by said
City Clerk. Said bonds shall be pay
able twenty years after date with the
option for the City of Kennewick to
pay the same at the expiration of ten
wears from the date thereof, or at
any interest paying date thereafter
prior to twenty years., and shall bear
interest at the rate of $50 per an
mum, payable semi-annually, and in
terest coupons shall be attached to
said bonds, and both principal and in
terest shall be payable at the office
of the City Treasurer of the City of
Kennewick. Said bonds shall be ex-
ck. anged at not less than their par
value, and the proceeds used exclusive
ly for the purpose hereinbefore des-
ignated.
Section 2. That this Ordinance
shall be submitted to the qualified
electors of the City of Kennewick for
ratification or rejection at special
election to be held in the City of Ken
newick on the 9Th day of February,
1921, and the City Clerk of the City
of Kennewick is hereby directed to
cause notice of said election to be pub
lished in the Kennewick Courier-Re-
porter, the official newspaper of said
City, doing the City printing, by pub
LEGATION of said notice in each issue
of said paper during period of fiji
teen days Immediately prior to said
election. The said City Clerk is d.
ISCISu W give CIiCI iiOeiSS VI ouio
election by printing and posting in
each precinct of said City, at the poll
ing place in each precinct, copy of
said notice and this Ordinance not
less than fifteen days prior to said
election. There shall be printed upon
each official ballot used at said cleo
ton the words, "Shall the City of
Kennewick for municipal purposes,
borrow $5,OO0.00 and issue its ne
gotiable bonds therefor. Bonds-Yes,
Every voter electing to
vote for the authorization of said in
debtedness shall do so by striking
therefrom the words "Bonds-No"
and every voter electing to vote
against the authorization of such in
debtedness shall do so by striking
therefrom the words, "Bonds-Yes,"
so that the remaining portion of said
ballot shall express his vote on said
question.
Section 8. That if the proposition
TO borrow said money and issue ne
yotiable bonds therefor be authorized
oy the electors of said City at said
the money arising from the
sale of such bonds shall be placed in
The special fund to be known as the
Second Street Bridge Fund" and In
10 case shall the money arising from
he sale of said bonds or any part