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HomeMy WebLinkAboutORD NO 116 ORDInAnCE '//6 . An ordinsnce calling a Special Election to be held in +..he Cit.v of · Bakersfield, ~ern County, California, on the 26th dam o* Msrch, 1907, and submJ+.tJ.~ to +..~e qualified void. rs of sand City the pJ"opositio~ of incurring a ~ebt in t~e s~a of Thirty thousand dollars,for the p~pose o~acquiring an~ constructing Public Park Improvements; and prividing for the issuance of bonds therefor and for the levyin!~ of ~. tax for the payment of said bonds,designating the polling place at which said election shall be held, and appointing officers of s~id electJ, on. Whereas, the Board o'S Trustees of the City of BakersfJ. eld, ~ern County, State of California, at its meeting of the 4th day of February A. D. 1907, by-a vote of two thirds of all its members ~uly pasued and adopted a resolution de?ermining that the public interest and necessity dem~ded the acquisition and construction by said City of Bakersfj. eld, 'Of certain municipal improvements, haply: ..... .. Public Park Improvements, which are to be used for municipal.P~pe.ses in the said City ef Bakersfield' and bM the inhabitants thereof; and also said resolution specified that an indebtedness would be i~curred against said city ~f Bakersfield, and the ~ount therecf, and that bonds would be d ssued therefor. And ~ereas, ~eid resolution was spoored by the President of said Board of Trsutees on ~he fo~'th day of February, A. D.1907. A~d Whereas, the estimated cost of said Public Park Improvements is Thirty Thousand Dollars, and such ~st l~ and will be too great to be paid out of the ordinary income and revenue of sa~d City. New, Therefore, the Board of Trustees of the City of BakersfJ.~'~d~'~'~:'' ""' .-.,~ County. of ~e~, State of California, do ordain as follows- ....... Section 1. T~t a Specail election be and t~e ::~e.is hereby called to be held in the said City of Bakersfield, on the 26th day of March, A. D. 1907, for the p~ose of submitting to the qualified voters of .said Oity the proposition of incurri~ a debt for the purposes set forth in said resolution, and hereinaftr stated. '~'~'"" Section 2. The object and purposes for which said indebtedness is propsed to be incurred and created are the acquisition end construction by the said City of Bakersfield of certain municipal improvements, name- -ly: Public Park Improvements , whi~-.?.~ are io be Used for municipal purposes in the City of Bakersfield and by the inhabitants thereof, The the estimated cost of the l~rop'osed public inT~.rove~"nts is the sum of Th.~rty Thousand Dollars. That the amount of the principal of the indebtedness to be incurred therefor, is the sum of Thirty Thousand Dollars, and t:hat the rate of interest to 'be paid on ss. id indebtedness is four and one half percent, per annum, payable.semi-annually. Section S. Thai, if the proposition of incurring the indebtedness for the purpose specified, so submitted at such election receives the requisite number of votes, to-wit, two 'thirds of the votes, ef the votln..m, at such elect~on, bonds of said City shall be qualified vof~.rs, . issued and sol~ f~r ~he' 'purpose of acquiring 4nd constructing Bublic Park Improvemnts , ·which 'a.r~ to be usod for municipal purposes in the City of Bakersfield, and by the inhabitants therecg, Section 4. That said bonds shall be forty in number., and shall be issued in the denom.~natlon of seven hundred and fifty Dollars each, and the principal and intere.%t thereof shall be payable in lawful money of the Uni. ted States; they shall be dated on the first day of May, ].907 and bear inter.est at the rate of fotu- and one half per cent. per anntun, payable semi-a~nua, ll¥, on the first day of November, and the first day of May of every year. Said forty bonds~'~shall be payable in the manner following: One of said b.:'~nds on the following date, to-wit- the first da~.. e~.~..:.%,,(." May,, 1908, and one of said bonds in n~.merlcal order on the ssmeday sEI date of escb and every year ·thereafter, until all of said bonds are paid, .'..:,t"- '. at ?.he City Treasury of the said Clty, together with tbs interesf on all' sums unl0s~d z~. such date. sectlcn 5. '~l~t .~'or the purpose of '~ aylng (.he princ, l~al and of said bonds the Board oF Tru~te,-~ o* ~aid City '.shall s.'~ the tiaa of fixing the g~-meral tax levy, and in tl~e manner for such.~]e~eral tax levy provided, levy ~.nd coll,.ot annually, escb y,.'ar, until such bon~.$ are Da{d or'until there shall be a sum In the treasury 'of ~ald City set apart for tha~ purF~se sufficient to me~t all s~s coming due for principal, and ~.ntere.'~t on such bon~.s, s tax sufflc~mt to pay the annaul inter~,t on such bonds and sl~o ,u~b part of the p~lncip~.l a:~ ~11 become ~ue b,'fore th,~ time of Cixing the next g.?~.eral tg~x levy. ~;aid taxes shall b~ In addition ~o all .ortner $.axes levied for municipal purposes, sn shall b,.~ oollec~ at th~ ';~e l,l~ne ~,na 'lp ?.he ~ame manner as other ~unioipsl ~axes a~e collected and be used for no other p~peses than the pa~ent of said bonds and sccruin~ interest. Sect,.on 6. ?~he poll~ of' :al~ el~ctlon shall ~ open ~. six ooloek in t~ mornin~ ·~' She d~ ~ o~ tb~ ,:,leotlon, ~n~ shall be Xept open un?.ll -~v. 'eele~k ~- $~.., ,~ft,'rnoon of the ~,~me daB, when the ~l.a .- ..- · .. .. ,. . ~.~ .. ;,.;.,.,~,: shall be c.loseG. 'l'h~ ballots to be used at such ~l,:.:otlon, shall be printed In ~he following form: ..... ~'o rot. e, ,$a~ ~ or,~ss (l) In the blank squsr~ to ?.l~e right of and opr, os~.te the answer you des~'e to r'lve. Shal] ~he O~.ty of Ba~rsfiel~.~ incur a bonded lnd.e:'tedness the ~ ef Thirty Thous~m~ Dollars for tbs p,rposes of acquiring and eon~tructi~ Public Park Improve~nts ~ .. For the issuance 6.ff ~"o~ $.P~ issuance of bOB..~: N~ - The'..:,,ot~.,r at ~uoh ~I,'etlon shall preps, re his ballot ~.v ,?s. mping ca'oas ~X) In $~ blank s~u~.re to Sb~, right of and o~;poslt~ tb~ answer he deslr~ ~o g~."e ':~ .. , ' .' ~eetlon ?. fh~z'e ~azi ~e one .voting precinct fo~; s~,id special. el'ec?.ion hereby ordered, vbic~- pr,~cinot sbali embrace all of the t~rrltory lncludeR ~vlthln ?.he eor~;orat,~ lid. ts of th~ said City of Bakersfield; and ~' i'd precinct shall be known gs" Municipal Elecion Precinct No. The voting place in :~a~d precinct for said m~'.~,civl election shall ;~a tbs f~re engine hous? in ~e~[~ Cit~ of Bak,~rsfelld,t]',~{ ~e bel~ situated st the nouth spat corner of Twentieth a~d=R'mtreets in zaid City, T~,.¢~ ~.~_cern t~ cona,:ot. ,.-..uc~ el. eerie, n, col~nt the s~ ie City of BaKersfield, ar~: h~-~rebY dezl[~nated ~.tnd appoint, ed ss follows, t o-t~tt: .. InspeCtors - T. A. M~t.o~ l~'s C. A. M~ul. Ju~g.~.s - A F Stoa,..r, Paul.Oaltes, Tail[ Clerks - ~. S. $,~ercney, ~. I. Tupman. Bsliot Cl~'ks - H. H. Fish, M. A. Duno2n. Section 8. Tbs? i:~ o. ll partioulf, rls no~ r~clted in such ,~l,*~$,ion s~al]. 1)~ h~ld as provided bM ls.w for holding elections in acid CitF. Sec?,lon 9. The Oi?y Cl~'rk shrill certify ?,o t~-: p~'~age smd adoption of l hJa"o~-dlneMoe by $ vote of two thirds o* sll t~ memb, rs of the Board of Trustees of $~;- s~.d OitM~ ~nd cause the s~ue to be publlshe$ fifteen ,,:.Ms oont?nuously ~,~fore s~,d dG$., of election'ln The D¥ily C~ lifforrllan, a news$~aper r~rlMted a~d publloh~ at least six (iays~ln the sa~d Ci$,~z of Bah ers~ eld. ...... Sec$,~.on ~0, Tbts ordiuan'.:,': shall take effect fro;a ~Da ~;fteP its Section 11. Ail ordinances and psx'ts of ordlnanc,s J.n with this ordinance are hereby redoubled. Ordln: nco lntroduoca F,.~bruar~ 11, 1907. :This ordin~:Dc~ pea ,ed ~n~ ~,.dop?,ed on the ~~ ds¥ of February, : 1907, bY ?he follo~vinE~~}~f~~_.,/_~.~vot~ .~' , AMes: Truatees, · . ~ Noes' Tru,:~tees- ~- Absent: Trusi. ees ~'~ "'"'' '~' i her~.by certify Shat the whole num;w~.r of th, members of the Board oC Trusteo~; o ?he Cit~ of Br, kersfleld ls five, anO ~.bat the foregoing ordinance was poised an~ ~opted by ~ vote of more than two' thirds off all of the r,~e~ers of ~sid Board of Truste;.~ at its meeting _ .~ of .Feb~ary~lg07, by the following vote; to-wit: Pr,~lr[{~nt o° t.1~e Board of Trustees of the Clt~ o~ Bskersfield, Cal.