Imperial Valley press., 1924-04-07

q
annual income and revenue of said
City; and said Resolution was ap,
| proved by the fexoeutive of said
City, to,wit, the president of the
/ board of trustees of said city, on
the 5th day of March, 1924, and was
thereafter, to-wit, on the Sth day
of March, 1924, duly published in
I the Imperial Valley Press a daily
newspaper of general circulation
printed and published in said City
of Ell Centre; and,
| Whereas, the public interest and
public necessity of the city of El
! Centre and the inhabitants thereof
demand the acquisition, construc
tion, and completion of said muni-
cipal water works and water sys.
tenn with the object and purpose of
supplying said city and its inhabi-
tants with water for domestic use
and for irrigation purposes, ex-
tinguishing fires, flushing sewers,
sprinkling streets, and for other
purposes, and it is the intention of
said Board of Trustees of the City
of Ell Centre to have said water
works and water system and muni-
! cipal improvements connected there
with acquired, constructed, and com
pleted; and,
Whereas, the estimated cost of
acquiring, constructing, and com
pleting said water works and wat
er system and municipal improve
ments connected Herewith is the
i sum of Two Hundred Thousand
! (s200,000) Dollars and such cost is
and will be too great to be paid
out of the ordinary annual income
and revenue of said city;
|" SECTION IL. Now, therefore,
/ that special election be, and the
same is, hereby called to be held in
said city of Ell Centre on Monday,
the 14th day of April, 1924, Ito
! gether with the general municipal
| election provided by law, and by
ordinance of said city, to be held on
said day, for the purpose of voting
for and electing three members of
the board of trustees of said city
for the term prescribed by law for
the object and purpose of submit
ting to the qualified voters of said
! city of Ell Centre the proposition of
incurring a bonded debt in the sum
, of Two Hundred Thousand ($200,-
000.00) Dollars for the purposes set
forth in said Resolution and here
| after stated.
| SECTION III. That the objects
and purposes for which such in
| debtedness is proposed to be incur
red are the following, to-wit: The
acquisition, construction, and com
pletion by said city of Ell Centre
of a certain revenue-producin
municipal improvement, to-wit
municipal water works and water
rights-ofway, and the construction
system of said city Ito be operated
lin connection with and become 6
part of the present municipal wat
er system of said city as aforesaid)
including for such purpose the ac
Iquisition of lands, water rights
of aqueducts, bitches, canals, reser
voirs, distributing system, pumping
and filtration and purificatior
plants, and other works necessary
therefor, for the purpose of fur
nshing and supplying the City OF
Ell Centro and the inhabitants
thereof with water for domestic use
and irrigation purposes, extinguish'
ing fires, flushing sewers, sprink'
ling streets, and for other purposes;
that the estimated cost of said
municipal improvements is Two
Hundred Thousand ($200, 0,O00.00)
Dollars and said cost is and will be
too great to be paid out of the or
dinary annual income and revenue
of said city; that the amount of the
principal of the indebtedness to be
icurred therefor is Two Hundred
Thousand ($20O, O,000.00) Dollars and
that the maximum rate of interest
! to be paid on said indebtedness is
six per centum (6%) per annum
payable semi,annually, which rat'
shall not be exceeded in the issuance
of the bonds for such indebtedness
| SECTION ". That a specia
! election shall be held in said City OF
Ell Centric on Monday, the 14th day
Of April, 1924, (togethcr with tn,
general municipal election to b,
held on said day as aforesaid) anC
is hereby called on that day 70
| the purpose of submitting to tn,
qualified voters of said city th'
proposition of incurring bonde'
debt in the said sum of Two Hun
dred Thousand ($200,00000) Dol
lars principal, and from the sale o
said bonds to pay the cost of ac
quiring, constructing, and complet
ing said water works and waite
system and municipal Improvement
connected Herewith for the purpose
aforesaid, and said election shall
be held on said 14th day of April
| 1924, in said City of FL Centre il
all particulars not recited in thi
Ordinance as provided by law fo
holding municipal elections in saic
municipality.
/ SECTION V. That if the propo
sition of incurring the said bondec
Indebtedness for the aforesaid pTr
pose so submitted AZ such electi iol
receives the requisite number o.
votes, to-wit, two thirds of tht
votes of the qualified voters votin.
| at such election, bonds of said cit,
in the sum of Two Hundred Thous
| and $500, 0,000.00) Dollars shall b'
issued and sold for the purpose o.
acquiring, constructing and complct