The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1921-01-27

trict, which bridge is to be paid for,
one-half by the County of Benton,
State of Washington, and one-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
gotiabIe 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 / 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
years 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-
changed at not less than their par
value, and the proceeds used exclusive
ly for the purpose hereinbefore des-
ignated. $50.
Section 2. That this Ordinance
L. L. - {hn
electors of the City of Kennewick for
ratification or rejection at a 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 a period OF flt-
teen days Immediately prior to said
election. The said City Clerk is di-
rected to give further notice of said
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 S5,00O.00 and issue its ne
gotiable bonds therefor. Bonds-Yes,
Bonds-No." Every voter electing to
vote for the authorization of said in
debtedness shall do so by striking
therefrom the words s'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 9. That if the proposition
to borrow said money and issue ne
gotiable bonds therefor be authorized
by the electors of said City at said
election, 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
no case shall the money arising from
the sale of said bonds or any part
thereof be used for any purpose other
than that herein specified.
The City Council of the City of
Kennewick shall provide annually by
ordinance or resolution for the levy
and extension on the tax rolls of said
City, and for the collection thereof,
of an annual assessment in addition
to all other city assessments to be
levied according to law which shall be
sufficient to meet the interest on all
of said bonds as the same natures
and also sufficient to pay said bonds
as they mature.
Section a. This Ordinance shall
take effect and be in force five days
from and after its passage, approval
and publication in the official news
paper of the City of Kennewick.
Passed by the City Council of the
City of Kennewick, this 18th day OF
January, 1921.
Approved by the Mayor this 10Th
day of january, 1921.
n. w. DESGRANGES,
Mayor.
Attest: C. STASER, City Clerk.
The polls at said election will be
open for the purpose of voting be-
tween the hours of 500 o'clock a. M,
and 500 o'clock p. m, the voting
booths being located as follows:
First Ward, Columbia Garage.
Second Ward, City Hall.
Third Ward, John Dover Lumber
Co.
C. STASER, City Clerk.
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