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exceed the maximum rate permitted by law, to wit, six per cent (6%) per annum, payable annually for the first year and semiannually thereafter, the actual rate or rates of interest on said bonds to be determined at or prior to the time of the sale or sales thereof. Section 4. That if the proposition for the incurring of bonded indebtedness so submitted receives the requisite number of votes, to wit, the votes of a majority of all the voters voting on the proposition, revenue bonds as provided herein in not exceeding the principal amount stated in such p~oposition shall be issued and sold for the purpose set forth herein. Said bonds are to be revenue bonds payable exclusively from the revenues of the enterprise and are not to be secured by the taxing power of the City of Santa Aha. Section 5. That the enterprise referred to herein is defined to be the entire waterworks system of the City of Santa Aha as said system now exists together with all additions to be acquired, constructed and financed with funds derived from the sale of the revenue bonds herein proposed to be issued, together with all improve- ments and extensions to said system later constructed or acquired. Section 6. That the polls for said election shall be opened at seven o'clock A.M., of the day of said elec- tion and shall remain open continuously from said time until seven o'clock P.M.~ of the same day~ when said polls shall be closed, except as provided in Section 1~426 of the Elections Code of the State of California.