Imperial Valley press., 1925-03-16
Legal advertisement

? ~ iiA''l'o ANNVAuNtl III tldD DOUh L
pages 3, % and -, and IN Ma,
Book ., pages 9, 81, 26 and 81. anc
IN Map Book 3, pages 20 and SO
records of Imperial County, Cali
formal extending from the soutl
property line of said Orange Avenue
the sGath boundary line Of SAID
lily; that the estimated cost OF
a., puuicipa! Improvement is Eigh
-eyu thousand Dollars ($18,c00.00l
and said cost is, and viii he toe
great to be paid out of the ordina.
ny annual income and revenue of
said City; that the amount of the
principal of the indebtedness to be
incurred therefor is Eighteen thou
sand dollars ($1S,0 100000, and that
lie maximum rate Of interest to b
P-id on said Indebtedness is six per
centum (6fo) per annum, payab. e
scmi-annually, which rate shall not
be exceed d in the issuance of the
bonds for such indebtedness;
SECTION V. That the objects and
purposes for which the said sindebt-
edness i'll the third proposition here
nabove mentioned is proposed to
be incurred are the following, to
wit: The acquisition, construction
and completion by said City of FL
Centre OF a certain municipal i'm
provement, namely certain street
work, to-wit, pavement of the road
way of that portion of Lenrey Ave
nue. in said City (shown by maps
recorded IN Book 5 of maps at pages
I and 6, records of Imperial County,
California; extending from the
west curb line of Fifth Street to the
east curb line of Sixth Street; that
the estimated cost of said municipal
Improvement is Four thousand five
hundred dollars ($4,50000), AMI said
cost is, and will be too great to
be paid out of the ordinary annual
income and revenue of said City;
that the amount of the principal
of the indebtedness to be incurred,
therefor, IS -Four thousand five
hundred dollars ($4,500.00l, and
that the maximum rate of interest
to be paid on said indebtedness is
six per eentum (6To) per annum,
payable semi-annuallv, which rate
shall not be exceeded in the is
suance of the bonds for such IN
SECTION VI That the objects
and purposes for which the said IN
debtedness in til, fourth PROPOSE
tion Lereinabovc mentioned is pro
posed to be incurred, are the fol
lowing, to wit: The acquisition,
construction and completion by said
City of Fl Centre of a certain num-
icipal Improvement. namely certain
street work, to wit pavement of the
roadway of that portion of san
dalwood Drive in said City (shown
by map recorded in Book 5 of maps
at page so, records OF Imperial
County, California; extending from
the west curb line of Fourth Street
to the east curb line Of Fifth Street;
that the estimated cost of said
improvement IS Three
thousand five hundred dollars (S3.-
10000 and said cost is, and will
be too great to be paid out of the
ordinary annual income and revenue
of said City; that the amount of
the principal of the indebtedness
10 be incurred therefor, is Three
thousand five hundred dollars ($3,-
100000, and that the maximum rate
Of interest to be paid on said in
debtednesS is six per centum t6f6)
per annum, payable semi-annually,
which rate shall not be exceeded in
the issuance Of the bonds for such
SECTION VII. That special
election shall be held in said City
of FL Centre on Tuesday, the 24th
day of March, 1925 as aforesaid,
and is hereby call nj on that day
fer the purpose of submitting to.
the qualified voters of said City,
separa tely, each of said respective
propositions lcreinbefore mention
ed, to-wit:
/. The proposition of incurring
a bonded debt by said City of Ell
Centre in the sum of Sixteen thou
sand dollars ($l6,0O0.00) principal,
and from the sale OF such bonds 10
pay the cost of acquiring, construct
ing and completing a certain muni-
cipal Improvement, namely, certain
street work, to-wit, pavement Of the
roadway of that portion of Main
Street in said City (shown by maps
recorded in Book of maps, at
pages 80, 10 and SO, records of I'M
perial County, California; extend
ing from the west property line of
Ninth Street to the center line of
Imperial Avenue.
>. The proposition of incurring a
bonded debt by said City of FL Cen
tro III the sum Of Eighteen thou
sand dollars 100000 princpiah
and from the sale of such bonds to
pay the cost Of acquiring, construt-
ing and completing Il certain muni-
cipal improvement, namely, certain
street work, to-wit, pavement of the
entire roadway Of that portion of
Fourth Street in said City Shown
by map recorded in Map Book l,
page 10, records of Imperial Coun-
ty, California; extending from the
south property line of State Street
to the South property line of Or
ange Avenue, and of the central
twenty.four feet Of the roadway Of
that portion of said Fourth street
in said City (shown by maps re-
corded in Map Book /, pages 8, %
and 81, and in Map Book 2, pages
o, 21. 26 and G2, and in Map Book
3, pages 20 and so, records OF I'm
perial County. California; extend
ing from the south property linc