Imperial Valley press., 1925-03-18
Legal advertisement

; pages =. - and -, and in Mai
{ Book ,, pages Q, 2l, % and g.. ant
: in Map Book ,. pages 20 and so
records of Imperial County. Cali
/ fornia) extending from the soutl
: property line of said Orange Avenue
, to the south boundary line of sale
City: that the estimated cost OF
said municipal improvement is Eigh
teen Thousand Dollars (S1S,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 10 be
paid on said indebtedness is six per
ccntum (6'c) per annum, payable
scmi-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
inabovc mentioned is proposed to
be incurred are the following, to-
wit: The acquisition, construction
and completion by said City Of FL
! Centre of certain municipal i'm
provcment. namely certain street
work, tO-wit, pavement of the road
way of that portion of Ltprey Ave
nue. in said City (shown by maps
recorded in Book 3 of maps at pages
l 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 ($4,500.00), ani 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 (A,500.00), and
that the maximum rate of interest
to be paid on said Indebtedness is
six per centum (6Go) per annum,
payable semi-annually, which rate
shall not be exceeded in tho 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 hereinaboye 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 a 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 3 of maps
Ut 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,
100000 and said cost is, and will
be too great 10 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
dcbtednes5 is SIX per centum l6Go)
Per annum, payable semi-annually,
which rate shall not be exceeded in
the issuance Of the bonds for such
SECTION VII. That a special
election shall be held in said City
of FL Centre 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,
each of said respective
propositions hereinbcforc mention
etr to-wit:
]. The proposition OF incurrins
a bonded debt by said City of Fl
Centre. in the sum Of Sixteen thou
sand dollars G,O00.6Ql principal,
and from the sale OF such bonds 20
pay the costrof acquiring. construct
ing and completing certain mum
cipal improvement, namely, certain
street work. to-wit, pavement Of the 3
roadway Of that portion Of Main
Street in said City (shown by maps
recorded in Book 3 Of maps. at
pages SO, 40 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
bonded debt by said City of FL Cen
tro in the sum Of Eighteen thou
sand dollars (sls,o00.0O) principal,
and from the sale OF such bonds TO
pay the cost Of acquiring, eonstrut-
ing and completing a certain muni-
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 ],
page 10, records Of Imperial Coun-
~, California; extending from the
south property line of State Street
10 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 ,, %
and 81, and in Nap Book 2, pages
O. 81, 26 and G2, and in Map Book
3, pages 20 and 80, records Of I'm
I,crisl County, California; extend
ing from the south property line
Z 4 IN. "a