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100 <br /> <br /> It is hereby further determined and declared <br />that the Board of Trustees of the city of Santa Aha <br />proposes to incur a bonded debt and to issue and sell <br />the bonds of the city of banta Aha to pay the cost <br />of the Completion of the electric fire alarm system <br /> <br />thereof. <br /> <br /> The use hereinafter in this <br />words"completion of the electric <br />means and shall at all times and <br /> <br />Ordinance of the <br />fire alarm system" <br />places be held and <br /> <br />construed to mean the municipal improvement set forth <br />in Resolution N~. 939, and above described in this <br />section. <br /> <br /> The objects and purposes for which the indebted-. <br />ness is proposed to be ~ncurred is to pay the cost <br />of the completion of the electric fire alarm system <br />of the city of Santa Aha, in order to provide and <br />have in and for the city of Santa ~,na an adequate, <br />efficient and modern means readily accessible in all <br />parts of the city of Santa Aha by which notice, in- <br />formation, and alarm of the existence and location <br />of fire may be promptly given and communicated to <br /> <br />the firemen and fire <br />Santa Ans. <br /> <br /> The cost of the <br /> <br />engine houses of the city of <br /> <br />completion of the electric fire <br /> <br />alarm system is estimated to be the sum of ~25,000.00, <br />and the amount of the principal of the indebtedness <br />to be incurred therefor by the City of Santa Aha is <br />the sum of $28,000.00, which sum will be too great <br />to be paid out of the ordinary ~nnual income and <br />revenue of the city of Santa Ans. <br /> <br /> A maximum rate of interest to be paid on such <br />indebtedness is hereby recited and fixed at five <br />per cent. per annum, payable semi-annually, which <br />rate of interest shall not be exceeded in the issuance <br />of bonds for such indebtedness. <br /> <br /> Section 3. It having been determined <br /> <br />by Resolution No. 939 of the city of Santa Aha, pass- <br />ed by the vote of two-thirds and more of all the <br />members of the Board of Trustees of said city, that <br />the public interest and also the public necessity <br />demands the construction of a municipal improvement by <br />the city of Santa Ana, to-wit: a fire engine house, <br />consisting of the acquisition of the necessary land <br />in the easterly pert of the city of Santa Ana upon <br />which to construct a fire engine house, also the <br />acquisition of the necessary ~aterials, equipment, <br /> <br /> <br />