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HomeMy WebLinkAboutOrdinance No. 264ORDINANCE NO. :2 G z/ - AN ORDINANCE OF THE BOARD OF TRUSTEES OF THE CITY OF AZUSA ORDERING, CALLING, PROVIDING FOR AND GIVING NOTICE OF A SPECIAL UUNICIPAL ELECTION TO BE HELD IN SAID CITY ON TUESDAY THE 15TH DAY OF STARCH, 1927, FOR THE PURPOSE OF SUBh:ITTING TO THE QUALIFIED VOTERS OF SAID CITY THE PRO- POSITION OF INCURRING A BONDED INDEBTEDNESS BY SAID CITY FOR THE FOLLOWING MINICIPAL IMPROVEMENT, TO -WIT: THE ACQUISI- TIOY AND CONSTRUCTION OF A CITY HALL, INCLUDING THE ACQUISI- TION OF NECESSARY LANDS AND THE ACQUISITION OR CONSTRUCTIOIi OF THE NECESSARY BUILDING, STRUCTURES, EQUIPI;TENT AND FURNI- TURE THEREFOR; PROVIDING FOR THE ISSUE OF BONDS FOR SAID PURPOSE AND DETERMINING AND FIXING THE 11AXIMY, RATE OF IN- Tk.'REST'OF SAID BONDS; PROVIDING FOR THE LEVY OF A TAX FOR THE PAYi3ENT OF SAID BONDS; AND PROVIDING FOR AND DESIGNAT- ING AN ELECTION PRECINCT, DESIGNATING THE POLLING PLACE AND APPOINTING ELECTION OFFICERS FOR SAID ELECTION. WHEREAS, the Board of Trustees of the City of Azusa, in the County of Los Angeles and State of California, by Resolution No. 944, adopted by a vote of more than two- thirds of all its members at a regular meeting of said Board of Trustees held on lTonday, the 3rd day of January, 1927, at the regular meeting place of said Board in the Council Chamber thereof in the City Hall of said city at the north- east corner of Foothill Boulevard and Alameda Avenue in said city, did determine and declare that the public in- terest and necessity of said city demanded the acquisition and construction of a city hall, including the acquisition of the necessary lands and the acquisition or construction of the necessary building, structures, equipment and furni- ture therefor, and that the estimated cost of said improve- ment is the sum of Seventy-five Thousand Dollars (75,000.00) providing that no greater portion thereof than the sum of Twenty-five Thousand Dollars (?25,000.00) shall be expended for the acquisition of the necessary lands; WHEREAS, the estimated cost of said municipal im- provement is the sum of Seventy-five Thousand Dollars 075,000.00) and such cost is and will be too great to be paid out of the ordinary annual income and. revenue of said city; and WHEREAS, said Resolution No. 944 was duly examined and approved by the President of the Board of Trustees of said city on the said .3rd day of January, 1927, and the adop- tion of said resolution was duly certified to by the City Clerk of said city and the entry of the adoption of said re- solution 4+r€3s made in the minutes of said meeting and the said resolution., together with the certificate of the said, City Clerk, has been entered in the book of resolutions of said city; NOW, THEREFORE, the Board of Trustees of the City of Azusa do ordain as follows: Section 1. That a special municipal election be and the same is hereby ordered and called to be held in the - 1 - said City of Azusa on Tuesday, the 15th day of I,farch, 1927, and that at said special municipal election there shall be submitted to the qualified voters of said city the proposition of incurr- ing a bonded indebtedness for the purpose set forth in said Resolution No. 944, adopted or. the said 3rd day of January, 1927, namely: the acquisition and construction of a city hall, including the acquisition of the necessary lands and the ac- quisition or construction of the necessary building, structures, equipment and furniture therefor, the estimated cost of which is Seventy-five Thousand Dollars (�75,000.00),of which no greater portion than Twenty-five Thousand Dollars ($25,000.003 shall be expended for the necessary lands. Section 2. That the object and purpose for which said indebtedness is proposed to be incurred is as follows: the acquisition and construction of a city hall, including the acquisition of the necessary lands and the acquisition or construction of the necessary building, structures, equip- ment and. furniture therefor. Section 3. That the total estimated cost of the said acquisition and construction of said city hall, includ- ing the acquisition of the necessary lands and the acquisi- tion_ or construction of the necessary building, structures, equipment and furniture therefor, is the sum of Seventy-five Thousand Dollars (t75,000.00) of which no greater portion than Twenty-five Thousand Dollars 425,000.00) shall be expended for the necessary lands; and that said sum of Seventy-five Thousand Dollars ($750000.00) is the amount of the principal of the indebtedness to be incurred for said municipal improve- ment, and that the maximum rate of interest to be paid on said indebtedness is five per cent. (5%) per annum, payable semi-annually, which rate shall not be exceeded in the issuance of bonds for such indebtedness. That if the proposition to incur the said indebted- ness for said purpose so submitted at such election receives the requisite number of votes, to -wit: two-thirds of the votes of the qualified voters of said city voting at such election., bonds of the said city in the amount of Seventy-five Thousand Dollars (075,000.00) shell be issued and sold for the purpose of acquiring and constructing said municipal improvement; said bonds shall bear interest at a rate not exceeding five per cent. (5%) per annum, payable semi-annually, and the princi- pal and interest thereof shall be payable in lawful money of the United States of America. Section 4. That for the purpose of paying the principal and interest of said bonds, the Board of Trustees of said city shall,at the time of fixing the general tax levy and in the manner for such general tax levy provided., levy and collect annually each year until such bonds are paid, or until there be a sum in the treasury of said city set apart for that purpose to meet all sums coming due for the principal and interest on said bonds, a tax sufficient to pay the annual interest on said bonds and also such part of the principal thereof as shall become due before the time for fixing the next general tax levy; provided, however, that if the maturity of the indebtedness created by the afore- said issue of said bonds shall be made to begin more than one year after the date of the issuance of said bonds, then the tax for the purpose of paying the principal and interest on the bonds the maturity of which is so deferred, shall be - 2 - I levied and collected at the time and in the manner afore- said annually each year, sufficient to pay the interest on such indebtedness as it falls due, and also to constitute a sinking fund for the payment of the principal thereof on or before maturity; that such taxes shall be in addition to all other taxes levied for municipal purposes, and shall be collected at the same time and in the same manner as other municipal taxes are collected, arA shall be used for no other purpose than the payment of said bonds and accruing interest. Section 5. That the special municipal election_ hereby called and ordered to be held shall be held and Conducted and the vote thereat received and canvassed and the returns made and the result thereof ascertained, deter- mined and declared as herein provided, and in all particu- lars not recited herein, according to the laws of the State of California providing for and governing municipal elec- tions in cities of the sixth class. Section 6. That there shall be printed on the ballots to be used at such special municipal election, in addition to the other matters required by law, the follow- ing proposition, to be voted on, to -wit: SHALL THE CITY OF AZUSA INCUR A BONDED DEBT IN THE SUM OF SEVl;NTY-FIVE THOUSAND DOLLARS ($750000.00) FOR THE PURPOSE OF ACQUIRING AND CONSTRUCTING CERTAIN 2tIUNI- CIPAL IA.PROVELtENTS, TO -WIT: THE ACQUISI- TION AND CONSTRUCTION OF A CITY HALL, IN- CLUDING THE ACQUISITION OF THE NECESSARY LANDS AND THE ACQUISITION OR CONSTRUCTION OF THE NECESSARY BUILDING, STRUCTURES, EQUIP- MENT AND FURNITURE THEREFOR; PROVIDED THAT NO GREATE2 PORTION THEREOF THAN TWENTY-FIVE THOUSAND DOLLARS ($25,000.00) SHALL BE EX- PENDED FOR THE ACQUISITION OF THE NECESSARY LANDS. That opposite the above proposition to.be voted on and to the right thereof the words "Yes" and "No" shall be printed on separate lines with voting squares. Section 7. That for the holding of said special municipal election said city is consolidated into and shall constitute, and is hereby designated and declared to be, one election precinct, the external boundaries of which are co- terminous with the boundary lines of said city; that said special election precinct shall have one polling place which shall be In the Council Chamber of the City Iiall of said city at the northeast corner of Foot- hill Boulevard and Alameda Avenue in said ci ty; and that the following named persons are hereby appointed election officers in said precinct for such election: Inspector: 111. 0. Streshley; Judges: Walter Malone and H. 0. Williams; Clerks: S. G. Durrell, Mrs. F. L. Dingman and firs. G. W. Hopper. - 3 - That all of the persons above named are hereby appointed as such respective election officers and their compensation is hereby fired at the sum of 3ip-ht Dollars ($8.00) each for said election. That if any of the members of said board of elec- tion hereinbefore named are not qualified to act or fail to appear at the opening of the polls on the morning of such election, qualified electors present, including members of said board, shall appoint in his or her place an elector who is qualified, in the manner provided by the general election laws of the State of California, who shall take the required oath of office as provided by said general election laws. That the polls of said election shall be opened at six o'clock on the morning of said election., and shall be kept open until seven o'clock on the afternoon of the same day, when the polls shall be closed; except and provided, however, that if at the said hour of closing there are any voters in the polling place, or in,the line at the door thereof, who are qualified to vote and have not been able to vote since appearing, the polls shall be kept open a sufficient time to enable them to vote; but no person who shall arrive at the polls after seven o'clock in the after-' noon shall be entitled to vote, although the polls may have been open when he arrived. Section 8, The City Clerk is hereby directed to procure all supplies that may be necessary to properly and lawfully conduct said Special Municipal Blection. That when the polls are closed the returns of said election shall forthwith be made to the Board of Trus- tees of said city and signed by the Officers of Election and shall be by them deposited with the City Clerk, to- gether with the Ballots cast at said election,and the Board of Trustees of said city shall meet and canvass said returns at the regular meeting place of said Board of Trustees in the Council Chamber of the City Hall of said city at the northeast corner of Foothill Boulevard and Alameda Avenue in said city, on PSonday, the 21st day of 11arch, 1927, at the hour of 8:00 o'clock P. M. of said day, and if upon such canvass it shall be found that at least two-thirds (2/3) of the qualified voters of the City of Azusa at said special municipal election_ vote in favor of said proposition, then the bonds of the City of Azusa in said principal stun of the amount of Seventy-five Thousand Dollars ($75,000.00), bear- ing interest at the rate of not exceeding five per cent. (5%) per annum, shall be issued by said city as aforesaid. Section 9. The City Clerk shall certify to the passage of this ordinance by a vote of two-thirds (2/3) of all the members of the Board of Trustees of said City of Azusa and shall cause the same to be published once a week for two (2) successive weeks prior to said date of said elec- tion in the "Pomotropic", a weekly neNvepaper of general cir- culation established, printed, published and circulated in said City of Azusa. I hereby certify that the foregoing ordinance was duly passed by the Board of Trustees of the City of Azusa at a regular meeting held February 7 � 1927, by the - 4 - I following vote of the Board: AM: rZl z" �"ef 1107'S : ABSENT: " �4C r-. City MrIc of the City of Azusa. Approved this 0 day of February, 1927. enti os tine noara ox of the City of Azusa. W