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105 <br /> <br />Aha proposes to incur a bonded debt and to issue <br />s~d sell the bonds of the city of Santa Aris to pay <br />the cost of the said street equipment. <br /> <br /> The use hereinnfter of the words "street equipment" <br />means and sh~ll st all times and places be held and <br />construed to mean the municipal improvement set forth <br />in Resolution No. 939, 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 pay the cost of the <br />acquisition of said street equipment in order to pro- <br />vide the city of Santa Aha with sufficient and modern <br />equipment with which to sweep, grade, and repair the <br />public streets of the s~id city. <br /> <br /> The cost of the scqulsition of the described <br />street equipment is established to be $15,000.00, and <br />the amount of the principal of the indebtedness to <br />be incurred therefor by the city of Santa Aha is the <br />sum of $15,000.00, which sum will be too great to be <br />paid out of the ordinary annual income and revenue of <br />the city of Santa Ans. <br /> <br /> A Maximum rate of interest to be raid on such <br />indebtedness is hereby recited and fixed at five per <br />cent. per annum, payable semi-annually, which rate of <br />interest shall not be exceeded in the issuance of <br />bonds for such indebtedmess. <br /> <br /> Oectfon 8. It having been determined by <br /> <br />kesolution No. 939 of the <br />by the vote of two-thirds <br />Board of Trustees of snid <br /> <br />city of Santa Aha, gassed <br /> <br />of all the members of the <br />city, that the ~ublic interest <br /> <br />and also the rubric necessity demands the acquisition <br />by tDe city of Santa ~ma of a municipal improvement, <br />to-wit: a public p~rk in the northerly p~rt of the <br />city of Santa Aha, consisting of a tract of land sus- <br />ceptible to improvement, and of being be~utified by the <br />pl~nting and c~ltlvatfon thereon of trees, shrubs, <br />flowers, ~ud ~rass, in order to carry out the objects, <br />r~r~oses and powers of t~e city of Sant~ Aha, ~d the <br />cost thereof will be too great to be paid o~t of t~e <br />ordinary a~nu~l income and revenue of the city of Sant~ <br />An~. <br /> <br /> It is further determined and declared that the Board <br />of Trustees of the city of Santa aha proposes to incur <br />a bonded debt and to issue and sell the bonds of the <br />city of Sa~t~ Aha to pay the cost of the said municipal <br />improvement. <br /> <br /> The use herein~fter of the words "~orth~rublic p~rk" <br />means and shall at all times and places be held and <br /> <br /> <br />