Imperial Valley press. (El Centro, Calif.) 1907-current, 1927-06-25
ORDINANCE NO. BOZ

- SPECIAL ELECTION TO BE
HELD IN THE CITY OF Ell
CENTRIC ON FRIDAY THE 1ST
DAY OF JULY, 1927, AND SUB
HITTING TO THE QUALIFIED
VOTERS OF SAID CITY THE
FO FLOWING 20 PROPOSITION,
TO-WIT:
THE PROPOSITION OF IN
CURING A BONDED INDEBT-
EDNESS BY SAID CITY OF
Ell CENTRIC IN THE SUN OF
FIFTY THOUSAND DOLLARS
FOR THE PURPOSE OF AC-
CURING CERTAIN RIGHTS
OF WAY NECESSARY FOR THE
ACQUISITION, CONSTRUCT
Jon AND COMPLETION OF
CERTAIN MUNICIPAL IN
PROVEMENT, NAMELY, THE
WIDENING, GRADING AND
OTHER WISE IMPROVING
EIGHTH STREET WITHIN THE
BOUNDARIES OF SAID CITY,
INCLUDING THE ELIMIN'AT-
ION OF THE DATE CANAL
WITHIN THE BOUNDARIES
OF SAID CITY.
The Board of Trustees Of the City
of FL Centre do ordain as follows:
SECTION :. Whereas the Board
Of Trustees Of the City of FL
Centre, at regular meeting of
said Board teld on the 1st day of
June. 1927, by vote of two-thirds
Of all its members. duly passed and
adopted resolution determining
that the publ" interest and public
necessity Of said City of Ell Centre
and the inhabitants thereof, de-
mand the acquisition. construction,
and completion by said city of a
certain municipal improvement,
namely, the widening, grading,
and otherwise improving Eighth
Street in said City Of Ell Centre,
and for that purpose said public
interest and said public necessity
require the acquisition of said
rights-of way and the elimination
of the Date Canal within the boun
DIARIES Of said city, and that said
municipal improvement and the
acquisition of said rights,of way are
necessary and convenient to carry
out the objects. purposes and powers
Of said municipality, and that the
cost thereof is and will be too great
to be paid out of the ordinary an
nual income and revenue of said
city, and that said acquisition Of
said rights of way will require an
expenditure greater than the amount
allowed for such improvement by
the annual tax levy, and that the
of said rights of way for the purpose
Of said municipal improvement
herein mentioned is the sum of
Fifty Thousand ($50,000.O0) Dol
lars, and
Whereas said resolution was ap-
proved by the executive o. said
city. towit, the president of the
Board of Trustees on said LIST day
of June, 1927, and was thereafter
and on the 10th day of June, 1927,
duly published in the Imperial
Valley Press. daily newspaper of
general circulation printed and
published in said city of FL Centre,
and tA
Whereas the public interest and
| public necessity Of said City OF
Ell Centre and the inhabitant:
thereof, demand the acquisition OF
said rights -of way for the purpose
in said resolution described, and 1t
is the intention of said Board of
Trustees to acquire said rights OF
way for said purpose;
SECTION II. Now therefore
said Board of Trustees do further
ordain that a special election be
be and the same is hereby called to
be held in the said City Of E
Centre on Friday, the list day OF
July, 1927, for the purpose %
submitting to the qualified voters
of said city the foregoing proposit
| ion as set forth in said resolution
and hereinafter stated;
SECTION III. That the objects
and purposes for which the said in
debtedness in said proposition
mentioned is proposed to be incur
red are the following, to-wit: The
acquisition of certain rights of way
for the purpose OF the acquisition
construction, and completion by
said City of FL Centre of certain
municipal Improvement, namely
the widening, grading, and other
wise improving Eighth Street within
the boundaries of said city, in
| Guiding the elimination of the Date
Canal within the boundaries OF
said city; that the estimated cost
of the acquisition of said rights
of-way, is Fifty Thousand $50,
000.O0) Dollars, and said cost is
and will be too great to be paic
out of the ordinary annual income
and revenue of said city, and said
acquisition of said rights of way
will require expenditure greater
than the amount allowed for such
improvement by the annual taS
! levy; that the amount of the prin
cipal of the indebtedness to be in
Cured therefor is Fifty Thousand
! Dollars, and the maximum rate of in
terest to be paid on said indebted
ness is six per cent per annum
payable semi-annually, which rate
shall not be exceeded in the issuance
of the bonds for such Indebtedness
SECTION ~. That speeia
election shall be held in said
City of Ell Centre ON Friday, tht
LIST day of July, 1927, and is hereb,
called on that day for the purpos
of submitting to the qualified
voters of said city, the proposition
| hereiubefora m.utiona5 to.w;t