Imperial Valley press., 1925-03-19
Lennl Advertisement

: roadway of that portion of sale
Fourth Street in said City (showl
p by maps recorded in Map Book !
, pages 3. p and -, and in Maj
E Book >, pages Q. 81, % and G.. ana
. in Map Book 3, pages 90 and 30
records of Imperial County, Cali
. formal extending from the soutl
property line of said Orange Avenue
to the south boundary line of sait
City: that the estimated cost OF
said municipal Improvement is Eieh
teen Thousand Dollars (SlS,000.00)
and said cost is, and will be toe
great to be paid out of the ordina.
~ 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 100000. and that
the maximum rate of interest to be
paid on said Indebtedness is six per
crntum (6ec) per annum, payable
semi-annually, which rate shall not
be exceeded in the issuance of the
bonds for such Indebtedness;
SECTION V. That the objects and
purposes for which the said indebt-
cdness in the third proposition here
inabove mentioned is proposed to
be incurred are the following, to-
wit: The acquisition. construction
and completion by said City of Ell
Centre OF. certain municipal i'm
provemont, namely certain street
, work, to-wit, pavement of the road
way of that portion of LeUrey Ave
nue. in said City (shown by maps
recorded in Book of maps at pages
, l and Is, 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 ($+.500.00), 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
i. of the Indebtedness to be incurred.
therefor, is Four thousand five
hundred dollars ($4,500.00), and
that the maximum rate of interest
to be paid on said Indebtedness is
six per centum (6Gc) per annum,
payable semi-annuallv, which rate
shall not be exceeded in the is
suance of the bonds for such in
debtedness:
SECTION VI. That the objects
and purposes for which the said in
debtedness in the fourth PROPOSE
tion hereinabove mentioned is pro-
posed 10 be incurred, are the fol
lowing, to wit: The acquisition.
construction and completion By said
City of FL Centre of 4 certain mum
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 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
municipal improvement is Three
thousand five hundred dollars 49,
50000) 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
to be incurred therefor, is Three
thousand five hundred dollars 49,
100000, and that the maximum rate
of interest to be paid on said in
debtedness is six per centum (6eo)
per annum, payable semi-annuallv,
which rate shall not be exceeded in
the issuance of the bonds for such
Indebtedness;
SECTION VII. That a special
election shall be held in said City
of FL Centric on Tuesday, the oath
day of March. 1925 as aforesaid,
and is hereby called on that day
fer the purpose of submitting to
the qualified voters of said City,
separately, each of said respective
propositions hereinbefore mention
ed, to-wit:
/. The proposition OF mourning
a bonded debt by said City of Fl
Centre in the sum of Sixteen thou
sand dollars 100000 principal,
and from the sale OF such bonds 40
pay the cost of acquiring, construct
ing and completing a certain mum
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, 40 and 50, records Of I'm.
perial County, California; extend
ing from the west property line of
Ninth Street to the center line Of
Imperial Avenue.
2. The proposition of mourning n
bonded debt by said City Of I'll Cen
tro in the sum of Eighteen thou
sand dollars ($ls,0 100000 principal,
and from the sale Of such bonds to
pay the cost OF acquiring, eonstrut
ing and completing certain MUM
eipal 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 I,
page 10, records of Imperial Coun-
~, 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 3, %
and %, and in Map Book 2, pages
Q, 81, 26 and 62, and in Map Book