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$3g,500.00, which sum is and will be too great to be paid out of <br />the ordinary annual income and revenue of the city of Santa Ans. <br /> <br /> (b) The cost of the acquisition and construction <br />of said municipal improvement, to-wit: said North Flower Street <br />bridge, is estimated to be $~,?00.00, and the amount of the <br />principal of the indebtedness to be incurred therefor is the sum <br />of $?,?00.O0, which sum is and will be too great to be paid out <br />o£ the ordinary annual income and revenue of the city of Santa Aha. <br /> <br /> Section 4. The rate of interest to be paid on the <br />principal of the indebtedness which it is proposed to incur and <br />upon any and all portions thereof which may be hereafter authorized <br />is hereby fixed at 5% per annum and the said interest at said <br />rate shall be paid semi-annually. <br /> <br /> Section 5- <br />Santa Aha hereby orders <br />incurring a bonded debt <br /> <br />The Board of Trustees of the city of <br />the submission of the propositions of <br />in the sum of $3g,500.00 and also in the <br /> <br />sum of $?,?00.00 for the purposes sst forth in said Resolution <br />No.594 and in this Ordinance hereinbefore mentioned and described, <br />being the acquisition and construction of said municipal improve- <br />ments, to-wit: said Main Street bridge and said North Flower Street <br />bridge, to the qualified voters of the city of Santa Ana, and for <br />that purpose an election is hereby called and ordered to be held <br />at and within the city of Santa Ana on Monday, the 15th day of <br />April,191g, which day is hereby fixed as the day and date on which <br />such election shall be held. The said election shall be a special <br />election, and shall be held separate and apart from all other elec- <br />tions, and at said special election no other question shall be <br />submitted. <br /> <br /> Section 6. At the special election called and <br />ordered to be held and provided for by Section five (5) of this <br />Ordinance there shall be and is hereby submitted to the quallf~d <br />voters of the city of Santa Ana the propositions of incurring a <br />bonded debt by the city of Santa Aha as follows:- <br /> <br /> (a) In the sum of $3g,~00.00 with which to pay the <br />cost of the acquisition and construction of the hereinbefore <br />mentioned and described municipal improvement, to-wit: said Main <br />Street bridge. <br /> <br /> (b) In the sum of SY,?OO.OO with which to pay the <br />cost of the acquisition and construction of the hereinbefore <br />mentioned and described municipal improvement, to-wit: said North <br />Flower Street bridge. <br /> <br /> Section 7. The manner of holding said special <br />election and the voting for or against incurring said indebtedness <br />shall be as follows:- <br /> <br /> The proposition of incurring a bonded debt and the <br />issuance of the bonds of the city of Santa Aha for the acquisition <br />and construction of said municipal improvements to-wit: said Main <br />Street bridge in the sum of $38,500.00, and said North Flower <br />Street bridge in the sum of Sy,?OO.OO, shall be submitted <br /> <br /> <br />