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HomeMy Public PortalAboutOrdinance 51AIT ORDI1 NITCE CALLING A SPECIAL,ELLCTION IN Ti;E CITY CI' BEAUMONT, RIV _�alDl; COUNTY, CALIFORNIA, SU13"­LIT T IITG TG TI gUALIFIEM VOTERS 07 3;!D CITE' TIT PROPOSITION OA THE; INCU1 -MNG A BOND!,D INDEBT D- iEEaS To TH-1 iUiOUNT Oh' TEN THOUSAND DOLLARS ($10,00040) EXCLUS- I o., OI.+ INTEi�ST, ThE P 3OC EIIDSS To B2 US" .FOi� 'iHcl i.IGI:TII3G BY E12CTRICITY OF TIE; 33TRE TS, ALLEYS AND PUBLIC PLACES IN TIft.+, CITY OF BEAUMONT, AND FOR THE' IMPROVING OF SAID STI 1111TS B1 GRADING, SCARIFYING, GRAVELING AITO. PROVIDING IVITH CULT RTS• The Board of Trustees of the City of Beaumont do or- dain as follwas: Section 1. That a special election of the qualified electors of said City is hereby celled and ordered tc be held in the City of Beaumont on ,... ... the day of sees .....A. •D1914, for tie; purpose of voting sclely upon the p positions and questions of incurring a bonded indebtedness of said City in the aegregate to the amount of Ten Tr:ousand Dol- lars ($10,000.00), exclusive of interest. Section 2. T.-kat the objects and purposes for which said indebtedness is proposed to be incurred are: (a) To light tale streets of said City witil electricity with " "''' T,�" "' .. lights for a period of ... years, t:ie es- timated cost of which improvement is the sum of •'`.�' ::: • • • • • • • • • • b0 dollars ( 4`:'1 .. } exclusive of interest, and (b) The grading, scarifying, surfacing with gravel and providing with culverts inerever necessary the streets of said @it tth,(e�essttimated cost cost of -x,11 od sees. ........ dollars of .which improvement 1:3 the sum of iollars ($.lG : P,a . .. ), and the total said improvements being; t,.ie stio of DG Said proposed iriprove- meats shall be suhmi tted in separate propositions on tale bai.Lot, so that the electors may vote separately thereon, tnaz is to say that bonds for street linhting shall be submitted as one propos- ition and bonds for said grading and otherwise improving of streets srkill be submitted as another proposition. -1- Section 3. That the rate of interest to be paid on said indebtedness shall be the sum of six per centum (69) per annum, to be paid semi - annually. Section 4. Said bonds shall be issued in tae amounts of Five Hundred Dollars ($500.00) each, and sikill be payable as follows: One Thousand Dollars ($1,000.00) in the year 119, and One Tnousand Dollars ($1,000.00) annually thereafter until all of said bonds so authorized by said election shall be paid. There shall be raised annually by taxation for an inter- est and sinking fund to meet the of said bonds, and in- terest, as the same severally mature, the sum of Two Huzared Dollars ($200.00) per annum on account of principal in the years 1914, 19151 1916, 1917, 1918, and thereafter tine Sum of One Tnousand Dollars ($1,000.00) annually for principal and a furtner sufficient sum eaca year cox.,Lraeneing with the year 1914 to :meet the annual interest payable on said bonds until all of said bonds, principal and interest, shall be paid. Section 5. The polls of said election viill ')e open at six o'clock a. m. of said day and close at seven o'clock p. m, of the same day, and the polling; places snail be a/s� fol- lows: One polling place at to , i/ {.'•'i F'• .. • • • • •`�r� •: _ ` • • • • • k::��f'.�. . , . .. �% ,, at ihich polling place the following named persons shall be and are hereby app)inted to constitute the election board: . , • . • . . . . , , . .. • n d .... �-a . , . . . to . . . . . .' 6 . . .' a In c ors, .�, . .. and .. .. G ......, �] , �.. 8 ,1U e9, and •b �. i• • . • . , • •/ • . • • • • • ....................... and /ace y.�.t.l.. .............— ..t....,. as Clerks; and one polling p f VW at which the following naimed persons shall be and are hereby a ointe3d to constitute the election board-- to -lvit: C- ...... .. and .....:..,..' .. ........ ......... as nspectars ...r..... ,... and .. , . ..:. , .. as Judges, and i.` .:... . . ..... . G. as Clerks. The voting shall be by ballot in the form prascribed by the general laws of the State of California now in f4)rce with reverence to voting upon public measures and propositio.is, and the manner of holding said election shall in a.11 particular;; not re- cited in this ordinance be held as provided by law for Molding municipal elections in said City. Section 6. Tnere being; no newspaper published at least six dais a week in said City of Beaumont, this ordinance. shall be publis ed one insertion each week for two succeeding weeks in t- ........ . .,.. a secular newspaper published weekly in said City and of general circulation throughout said City and t,ie County of Riverside and State of California. section 7. The said bonds snail be in the usual form of municipal bonds issued for similar purposes as far as possible, and shall be signed in the corporate name of the City by the President ,)" t:� 3,,);ir : o� Grua tees, t ;rit'.i the corporate seal of said city attach - ed, attested by the City Olerk and countersigned by the !;ity Treas- urer. The several installments of interest upon said boncls s1will be evidenced by interest coupons numbered consecutively and shall bear the facsimile signature o' the City Treasurer engraved hereon. section 8. The City Clerk is i-iereby au `iorizec. and direct- ed to prepare the necessary blanllc notices, ballots, regi: ters, tally sheets and all othoi, printed and documentary mattor necec sorry for said election and sriaall. procure the necessary polling, bocths and materials. ular meeting; of the Board of Trustees of the City .of Beaimorit,Qr the.. 12th daybof June A.D.1914, and was duly adopted at a rejNilar meeting , of said Board, held on the 10th day of July A.D.1914, by -ths follor►ing vote: - Ayes. Trustees, Bourne, Sewell, Thompson, Tillery, Williame. +' Noes , None. Absent, None. A nd I further certify that the President of the Board approved the same on the 10th day of July A.D.1914.