Imperial Valley press., 1924-07-17

Centre and the inhabitants thereof,
including for such purpose the
| acquisition of lands, water rights
| rights of way, and the construction
of aqueducts, bitches, canals, rcscr-
voirs, distributing system, pumping
and filtration and purification
plants, and other works necessary
therefor; that the estimated cost Of
said water works, water system, and
municipal improvements connected
Herewith is Two Hundred Thous-
and Dollars ($200,000.00) and that
said cost is, and win be, too great
to be paid out of the ordinary an
nual income and revenue of said
City; and said Resolution was ap-
proved by the Executive of said
City, to-wit, the President of the
Board of Trustees of said City, on
the 9Th day of March, 1924, and WAS
thereafter, to-wit, on. the Sth dav
of March, 1924, duly published in
the Imperial Valley Press, a daily
newspaper of general circulation
printed and published i'll said City
of FL Centre land,
Whereas, said Board of Trustees
at an adjourned regular meeting
thereof held subsequently, to-wit,
ON the Goth day of March, 1924, did
by ordinance call Il special election
to be held on the 14th day of A April,
1924, (together with the general
municipal election provided by law
to be held on said day in said City
for the purpose of voting for and
clecting members Of the Board Of
Trustees of said City) submitting
to the qualified voters of said city
the proposition of incurring a bond
ed debt in the sum of Two Hundred
Thousand Dollars 0,000.0O
for the purpose set forth in said
resolution, and said ordinance was
duly passed and adopted and. duly
signed and approved by the presi-
dent of the Board of Trustees of
said city-and said ordinance be
ing Ordinance No. 272) was there
after published as therein provided
in the last eight consecutive issues
of said Imperial Valley Press prior
to said 14th day of April, 1924, and,
Whereas, said election was regu-
larly held on said 14th day of April
1924, as called; and,
Whereas, more than two-thirds of
the qualified voters voting at said
election upon the proposition of in
curing said bonded debt voted in
favor of incurring the same in the
sum of Two Hundred Thousand
Dollars ($2O0,o00.00) for the pur-
pose of acquiring, constructing, and
completing the aforesaid revenue
producing municipal improvement;
and,
Whereas, said Board of Trustees
at an adjourned regular meeting
thereof held on the 2lst day of
April, 1924, (being the time fixed
by law and by the ordinance afore-
said for canvassing the returns of
said election,) did canvass the re-
turns of said election and did then
and there find and declared by reso-
luton that said election had been
regularly held; that at said election
six hundred sixty four votes, and
no more, were east upon said propo-
sition of mourning said bonded
debt in the sum of Two Hundred
Thousand Dollars $500, 100000;
that six hundred Of said votes were
cast in favor of incurring said bond
ed debt in said sum of Two Humid
red Thousand Dollars 5000, ,000.00;)
that sixty-four of said votes were
cast against mourning said bonded
debt, and that more than two-thirds
of all voters voting at said cleo
ton voted to authorize the incur
ring of said bonded debt; and,
Whereas, the total amount of two
hundred thousand dollars $200,000,-
O0) together with all the indebted
ness of said City is within the lin
its provided by the laws of the
State of California and it becomes
The duty of said Board of Trustees
to direct the issuance of said bonds
as provided by law and by said Or
dinance No. 272;
Now, therefore, the Board of
Trustees of the City of FL Centre
do ordain as follows:
SECTION /. That bonds of the
City of FL Centre in the amount of
two hundred thousand dollars
5000, ,000.00) be issued in accordance
with the provisions of an act of
The legislature of the state of Cali
fOrnia which became law under
constitutional provision without the
Governor S approval February ! %,
1901, and all acts and parts of acts
thereof or supplement
iary thereto, and in accordance with
the ordinances of said city and the
avs of the State of California: said
bonds to be two hundred (200) in
number of the denomination of
One Thousand Dollars ($1, 100000
zach shall be dated the End day of
July, 1924, and sold for not less
han their par value to provide
money for the acquisition, construc-
ion, and completion of said muni-
.ipal improvement; that said bonds
hall be numbered consecutively, !
o 200, both inclusive, commencing
With those of earliest maturity; that
m the 2nd day of July, 1929, ten
# said bonds, being the bonds mum
,ers TO 10, both inclusive, shall
nature and there after ten of said
,onds, as numbered consecutively,
hall mature on the second day of
Iuly, Of each succeeding year until
he 9nd dav If July. 1913, when the