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fortieth part of the amo,~unt of the ~ ' '~
<br /> ~r~ncl~.al of said indebtedness.~
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<br /> The ~rincipal cf the indebtedness in the sum of $33,000.00 shall bear interest ']
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<br />from the let day of September, ~
<br /> lye-w, at the rate of~1 per annum, pays. 01e semi-annually,
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<br />the first installment of interest shall ce paid on the 1st day of .Marbh, 1921, and on
<br />the first day cf the months of September and ~Maroh thereafter until the whole of said
<br />principal aug interest shall have been -'e~l and truly paid in gold coin o~ the Unite~
<br />States.
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<br /> The said fifty bonds shall be issued separately from all other bonds, and shall
<br />
<br />be designated Water ~orks Bon~.
<br />
<br /> Section 2. The bond= of the city of Santa Aha eha]] be issued and sold in the
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<br />aura of ~45,~0.00 for the purpose of~ay~ng~' ' the coats of the acquisition and construction
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<br />in the city of S,~_nta Ana of ~- buzl,~ng' ~' ~o.~ - ~c. unicipal uses and purposes thereof as a Fire
<br />
<br />~¢all, and the completion cf the fire apparatus of the city of ~ ~
<br /> · ~_nt_ Aha, the said com-
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<br />pletion of the ~ire ~ul'paratus to consist of the purchase of one po,~er-driven and operated
<br />pu.~?in~ en~_ine s. nd hose ~uto truck, CO~r. bined, one power-driven ~.n~ operated %ervioe truck, -~
<br />equip~ed. ?ith ladders, the purchase o~ approximately 14On~_. ft. of adesuate~ fire ho~e. an~ j
<br />the installation of fire alarm apparatus i~ the said Fire Hall, in order to carry out the
<br />
<br />objects, purposes and powers of the city of Santa Ana and the cost thereof ~,i~] be too
<br />
<br />great to be paid out of the ordinary -annual income and reve~ue of the said city.
<br /> The sum of ~45,000.00 shall be represented by fifty bonds each dated the let
<br />day of September,~-0,~ a~d numbere~' consecutively from one fo fifty, both inclusive,
<br />and each o~d numbered bond thereof in the denomination of $1000.00,, and each even number-
<br />ed bond thereof in the denomination of ~g00.O0~ On the let day of September, ]921, two
<br />of said bonds, cna in the denomination of .~lOO0.O0 and being ~ond No. I ~%nd one in the
<br />denomination of ~;gO0.O0 end being Bond No..2, shall Oe paid and anually thereafter, on
<br />the let day of Se?tember, t~o a~ditional of as. id fifty bonds in like denominations and
<br />in successive numerical order shall be pai~ until the whole sum of $45,000.00 shall be
<br />well and truly paid in gold coin of the United States, making an .annual payment of $1,$O0.O0
<br />on the ~rincipal .of said indebtedness, the said sum being not less than one-fortieth part i
<br />of the amount of the principal of said indebtedness,
<br /> The principal of the indebtedness in the sum of ~45,000.OO, shall bear interest
<br />from the let day. of September, 1~20, ~t the rate of 5~ per annum, payable semi-annually,
<br />the first installment of interest shall be paid on the let day of ~arch, ]921, and on the
<br />first day of the months cf September and ~roh thereafter until the whole of said prin-
<br />cipal and interest shall have been ,,~ell and truly paid in gold coin of the United States.
<br /> The said fifty bonds shall be issued separately from all other bonds, end
<br />shall be designated Fire Hall and apparatus Bonds.
<br /> Section 3.
<br /> The bonds of the c~ty of Santa ~nm shall be issued and sold in the sum of
<br />~2~,O00.00 for the purpose of paying the costs of the completion and improvement of the
<br />general sewer system of the city of 8ant~ Ana to consist of the purchase of sufficient
<br />main sewer pipe ar.d the installation thereof in public streets in the city of Santa Ana, ~'
<br />to extend from a point approximately at the intersection of Fruit and Poinsettia Streets, i j
<br />public streets in the city cf Santa Ana, in a southerly and westerly direction to South
<br />Bristol Street, also e public street thereof, a distance of about 15,O00 f eat, also to cE-
<br />tend from a point 8pproximate]y at the intersection of North ~oss and West l~th ~treets
<br />public streets of the city of Santa Ans in a southerly an. dwesterly direction to ap~rrox-
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