Laserfiche WebLink
103 <br /> <br />finished with s suitable wearing surface, and the <br />construction in and across the described portion of <br />West Fifth Street at a point thereon approximately 428 <br />feet west of the center line of ~nglish Street of one <br />concrete culvert, in order to carry out the objects, <br />purposes, and powers of the city of Santa Aha, and the <br />cost thereof will be too great to be paid out of the <br />ordinary annual income snd revenue of the city of S~nta <br /> <br /> It is hereby further determined and declared that <br />the Board of Trustees of the city of sabra Aha proposes <br /> <br />to incur a bonded debt and to issue <br />of the city of Santa Aha to pay the <br />and culvert. <br /> <br />and s~ll the bonds <br />cost of s~id paving <br /> <br /> The use hereinafter in this Ordinance of the words <br />"street work~' means and shall at all times and plmces be <br />held and construed to mean the municipal improvement set <br />forth in Resolution No. 9~9 and above described in this <br />section. <br /> <br /> The objects and purposes for which the indebtedness <br />is proposed to be incurred is to p~y the cost of the <br />construction of snid street work, to-wit: the paving of <br />West Fifth Street and the construction of s~ld culvert <br />in and across ~est Fifth Street, in order to make West <br />Fifth Street safe, convenient and adequate for the pur- <br />poses of public travel and transportation. <br /> <br /> The cost of the construction of the described street <br />work is estimated to be the sum of SZ0,000.00, and the <br />amount of the principal of the indebtedness to be in- <br />curred therefor by the city of Santa Aha is the sum of <br />$~0,000.00, which sum will be too great to be paid out <br />of the ordinary annual income and revenue of the city of <br />Santa Ans. <br /> <br /> A maximum rate of interest to be pstd on such indebt- <br />edness is hereby recited and fixed at five per cent. per <br />annum, payable semi-annually, which rate of interest shall <br />not be exceeded in the issuance of bonds for such indebt- <br /> <br />edness. <br /> <br /> Section 6. <br />Resolution No. 9~9 of the <br />vote of two-thirds of all <br /> <br />It having been determined by <br />city of Santa Ana, passed by the <br />the members of the Board of <br /> <br />Trustees of said city that the public interest and slso <br />the public necessity demands the acquisition by t~e city <br />of Santa Aha of fire apparatns, consisting of one gasoline <br />motor driven pump engine, one gasoline motor driven squad <br />truck, and approximately' 8000 feet of double Jacket fire <br />hose in sizes of l~ inches and 2~ inches internal diameter, <br /> <br /> <br />