1918 (#629-635) - Laserfiche WebLink

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236 transportation a safe, adequate and convenient means for pass- ing over and crossing said Santiago Creek, the same being nec- essary and convenient to carry out the objects, purposes and powers of the city of Santa Ans. Section 3. (a) The cost of the acquisition and construction of said municipal improvement, to-wit: said Main Street bridge, is estimated to be $3g, 500.00, and the amount of the principal of the indebtedness to be incurred therefor is the sum of $38,500, which sum is and will be too great to be paid out of the ordinary annual income and rewnue of the city of Santa Ans. (b) The cost of the acquisition and construction of said municipal improvement, to-wit: said North Flower Street bridge, is estimated to be $?,yO0.00, and the amount of the principal of the indebtedness to be incurred therefor is the sum of $?,?00.00, which sum is and will be too great to be paid out of the ordinary annual income and revenue of the city of Santa Aha. Section 4. The rate of interest to be paid on the principal of the indebtedness which it is proposed to incur and upon any and all portions thereof which may be hereafter author- ized is hereby fixed at 5~ per annum and the said interest at said rate shall be paid semi-annually. Section 5. The Board of Trustees of the city of Santa Aha hereby orders the submission of the propositions of incurring a bonded debt in the sum of $36,500.00 and aleo~ in the sum of $7,700.00 for the purposes set forth in said Reso- lution No.594 and in this Ordinance hereinbefore mentioned and described, being the acquisition and construction of rsaid muni- cipal improvements, to-wit: said Main Street bridge and said North Flower Street bridge, to the qu~alified voters of the city of Santa Aha and for that purpose an election is hereby called and ordered to ~be held at and within the city of Santa Aha on Monday, the 15th day of April,1918, which day is hereby fixed ae the day and date on which such election shall be held. The said election shall be a special election, and shall be held separate and apart from all other elections, and at said special election no other question shall l~e submitted. Section 6. At the special election called and order- ed to be held and provided for by Section five (5) of this Ordi- nance there shall be and is hereby submitted to the qualified voters of the city of Santa Aha the propositions of incurring a bonded debt by the City of Santa Aha as follows:- (a) In the sum of $36,500.00 with which to pay the cost of the acquisition and construction of the hereinbefore mentioned and described municipal improvement, to-wit: said Main Street bridge. (b) In the sum of $7,700.00 with which to pay the cost of the acquisition and construction of the hereinbefore