Imperial Valley press., 1932-04-01


line, or sewer pipe froll said City of
Ell Centre to the oatlet thereof,
northwest of FL Cntro III New
River" as shown by 4 map thereof
on file with the Cit engineer OF
said City of FL Centre; and the do
ing of all trench work ana all other
work necessary therefor ana appur-
tenant thereto; and me acquisition
of all rights-of way and property
necessary for the obstruction and
completion of said sever line that
The estimated cost of Sala cotisIrtle-
ton and acquisition Of said rights
of way. is $185, 10000, ana saio cost
is and will be too great TO DC PAID
out of the ordinary annual income
and revenue of said city, ana SAID
construction and said acqulsiIloii oi
said rights-o of way will require eA-
penditure greater than the amount
allowed for such improvement by
the annual tax levy; that the
amount of the principal Of the IN
debtedness to be incurred thefeIor
is S135 100000, and the maximum
rate of interest to be paid on SAID
indebtedness is six per cent per an
mum. payable semi-annually, WHICH
rate shall not be exceeded III the
issuance of the bonds for sueh III
debtedness.
SECTION ": That an e!eelon
shall be held in said City OF NJ
Centre on Monday, the 18th day Oh
April, 1882, and is hereby called Oh
that day for the purpose OF SUD.
mitting to the qualified voters ol
said city, the proposition herein
before mentioned, to-wit: the prop
osition of incurring a bonded M
debtedness by said City of FL Cenuo
in the sum of S185, 100000 princlpal
and from the sale of such bonds 70
pay the cost of the acquisition, con-
structlon and completion OF Ger
tain municipal improvement, TO-
wit, the construction and installa-
ton of sewer line or sewer pipe
from said City of Ell Centro TO the
outlet thereof northwest OF El Cen
tro in New River" as shown by a
map thereof on file with the CITY
Engineer of said City of Ell Centre
and the doing of all trench WORK
and all other work necessary there-
for and appurtenant thereto ana
the acquisition of all rights way
and property necessary for the con-
struction and completion oil sala
sewer line.
Said election shall be held on
said 11th day of April, 1892, III salo
City of Ell Centre in all particulars
not recited in this ordinance as pro-
vided by law for holding municipal
elections in said municipality and
said election shall be held concur
rently with and shall be and is
hereby consolidated with the gen.
eral municipal election to be held
on said nth day of April, 1882, and
the precincts, polling places and OF.
ficers of election for the election
herein called shall be the same as
those set forth in Resolution Na
389 adopted by said City Council
at it's regular meeting held Or
March End, 1882, and entitled "A
Resolution Providing for the Pre-.
cincts. Polling Places and Appoint.
ing the Election Officers for III
General Municipal Election to \
held in the City of El Centro
the 18th day of April, 1882; and
in the notice calling said gene
election and EMIT
Notice of Election" and publish
in the Imperial Valley Press, a ddo
of general circulation
published in said City of Ell Centrt
and appearing therein on the 21S
day of March, 1882, to which reso
luton and notice, reference is here
by made for further particulars.
SECTION V: That if the propo
sition of incurring the bonded in
hereinbefore mentioned
SO submitted at such election, re
ceives the requisite number of votes
to-wit, tWo-thirds of the votes 0
the qualified voters voting on sucl
proposition, bonds of said City il
the amount of $185, 100000 shall b
issued and sold for the purpose 0
acquiring. constructing and com
pleting said municipal improvement
and acquiring said rights-of-wa
therefor. Said bonds shal
bear interest at rate not exceedin
six per centum (6f6) per annun
payable semi-annually and tn
principal and interest thereof shal
be payable in lawful money of th
United States of America. One
thirty Q-37tm part of tn
principal of said bonds shall b
paid each year at the office of th
City Treasurer of the City of I
Centro, in said City. i'll the Count
of Imperial, State of California, O.
a date to be hereafter fixed i
said bonds, until the whole principe
has been paid; that the interest O
said bonds shall be paid semi-an
nually at the same place, one c
such semi-annual payments in eac
year being made at the date OF tn
payment of the annual installmer
of the principal of such indebtedness
as aforesaid; said indebtedness sha
be evidenced by bonds and prope
coupons attached thereto, separat
coupons being attached to eac
bond for each semi-annual paymer
of interest to become due on sal
bonds and such bonds shall be is
sued in such denominations or de
nomination as the City Council
said City shall determine in ac
cordance with law; said bonds sha
be signed by the mayor and presi
dent of the City Council of sal
City, and also by the Treasurer {
said City and shall be counter
signed by the City Clerk of sal
City. The coupons of said bono
shall be numbered consecutiyel
and signed By the Treasurer.
CECTION VI. That for the DllJ