Loading...
HomeMy WebLinkAbout1914-075 Notice of a Special City Election t 14-75 V T 7 (v :T T r 7 I? ?i ti t! !t tt " f~ it it tt t. 11 LAW OFFICE OF W. J. MOORE ASHLAND,OREGON ..r - NOTICE OF A SPECIAL CITY ET-7"TION. Recorder's Office, Ashland, Oregon May 1914. Notice s hereby given that on the 22nd day of May, 1914 an Initiative Petition was regularly filed with the city recorder emandin~- that there be subrmitted to the legal of Ashland, Oregon, d ~ voters of said city, for their approval.or rejection, the herein- below proposed ordinance, and the recorde-r. had duly verified the number and genuineness of the signatures to said petition and found the same to be in proper form and to contain more than 15 per cent of the votes cast fcr ,!!ayor at the city election held Decembe~° M saidetition was duly presented to the Co-ruff-on Council of the cit-T of Ashland, Oregon, at a reou.las - adjourned eetin held on the 22nd day of .,'ay, 1914, and there was then g~ 'ul passed a resolution in txtrsu.ance of said Initiative petition call and in pursuance of the ordinances of the city of Ashland and and s of the s ,a"e of Oregon, whereby said city r-eneral Law she „ Council did by unanimous vote, ~rvith. the approval of the Mayor, call election to be held on the 9th day of June, 1914, itting to the legal voters of the city of m T ~ ° _c o f sub ~ Ashland, Oregon, for thle•zr approval or rejection on the Pth day of June, 1914, the hereby t roposed ordinanc;;. And notice is hereby Tiven in pursuance of the foregoing at a. special election will be held for the purl use of prerrii se s th su.,.tts. ~nc to the le al voters of the city of Ashland for their brul o ll or rejection, on the 9th day of June, 1914, the following a~y~,roval a pro-posed ordinance k ~ ~ x ady h bi ,ti :j J- N 1 ORDINANCE NO An ordinance providing for the issuance of a.~~.ilia:r water Seventy-five Thousand ($175 Hundred arizi 1~ :c~o0.n0 nollars, for the purpose of calistruetin7a ~ t:uildinn° :=nrq ~ instplling* an auxiliary r,unicipal water syster~~ to be owned by the city cf Ashland, Oregon, r.. by said city or by any board or boards ofcomm.issionerstthat marJratt hereafter be created for such -purpose; to extend any spring or springs or other water supply, ~-'lpe lined from out tre incorporate limits of said city either 'within or with- in or about said city ~ and to any pouts or 1:laces wa , and to purchase all water rights, rights of y, land equipment, material, labor and supti:lies necessary thereto, THE PEOPLE OF THE CITY OF A BHT A iTP n0 ORrA I iii A" 70ILLO' rS SIF0TT0 1. That there are hereby authorized to be issued the bonds of - the city of Ashland, Oregon to the amount of One Hundred and Seventy five Thousand ($175,000.00) Dollars, in denom-;_nations of One Thousand (4;1000,00) Dollars, numbered consecutively- from one to y seventy-five, both inclusive, and to be known as tr ,;ester Ponds." read bond:, shall be dated the 1st day of July, 1914, and shall be signed b7 the I-Tayor and counterzs ' ~zC-1 by the P.~ccr.er, and, shall bear interest evidence 'by ;;1;_pcn attached thereto at the rate of five (5) per cent per annum, payable semi," and both principal and interest of said bonds shall be at the cit« tTa.s rer i s office in the city of Ashland, Oregon. 'CTI0IT 2 ` )uch auxiliary water bonds shall mature in forty-five years from the date thereof; provided, that the first twenty-five of such bonds, 'numbered from one to twenty-five, both inclusive, shall each be redeemable at the option of the city of Ashland upon the pay- vent of the face value thereof with accrued interest to date of paymerlt at any semi-annual cup on payin- period, at cr ~_fter ben yearn from the date thereof; that the next twenty-five of said bonds numbered from: twenty-six to fifty, both inclusive, shall each be red.eerr!able at the option of the city of Ashland, upon the ipay&ient of the face value thereof with accrued interest to date of payment at i i i i any semi-annual cupon paying period, at or after fifteen years from the dateythereof; that the next twenty"five of said bonds, numbered F fromfifty-one to seventy-five, both inclusive, shall each be redeem- able at the option of the city of Ashland, upon the payment of the face value thereof with accrued interest at the date of payment at any semi-annual cupon paying period, at or after twenty years from the date thereof; that the next twenty-five of said bonds numbered from seventy-six to one hundred, both inclusive shell each be redeemable at the option of the city of Ashland, u:non the payment of the face value thereof with accrued interest to date of payment at any semi-annual cupon paying period, at or after twenty-five years from the date thereof; that --t.-he ne1-It twenty-five of said bonds numbered from one hundred and one to one hundred and twenty-five, both inclusive, shall each be rad.ee !,:able at the option of the city of Ashland., upon the payment of the face value thereof, with accrued interest to date of payment at any semi-annual cupon paying period, at or after thirty years; that the next twenty-five of said bonds, nu nfbered from one hundred and twenty-six to one hundred and fifty, both inclusive, shall each be redeamable at the option of the city of Ashland, upon the payment of the face value thereof, v ith accrued interest to date of x. ayrrent at anv semi-annual- cupon paying period, a- or after thirty-five. -rears; that the next twenty-five of said bonds, number;,-.1 frorri one hun:dr;sd and fifty-one to one hundred and seventy-five, Doth inclusive, shall be redeemable at. the option of the city of Ashland upon the payment of the face value thereof with accrued interest to date of payment at any semi-annual cupon paying period at or after forty years and before forty-five years from the date thereof. And notice stating that certain bonds are to be taken up and canceled, and that the interest thereon shall cease at the interest paying period next following, shall be published in a newspaper printed and published and of general circulation in I I Jackson county, Oregon, not le -a than three times during; the month i.reeeding said semi-annu~ Al~ayl g period, and after the said semi-annual cupon paying period, interest upon the bonds desig- nated in said notice shall cease, SPCTION 3. a The Common Council shall sell such bonds, or so much thereof as may be necessary at the highest price obtainable, but for not less than par and accrued interest for the purpose of ~;roviding E money to construct, build and install an auxiliary municipal water system to be owned by the city of Ashland, Oregon, and to be operated by said city or by any board or boards of commissioners that may hereafter be created for such purpose; to extend pipe Y lines from any spring or springs or other water supply, either within or without the incorporate limits of said city and to any points or places in or about said city and to purchase all ;pater rights, rights of way, land, equipment, material, labor and supplies necessary thereto. SFCTI0N 4 The bonds hereby authorized shall be registered respectively by number and denomination of each in the Bond Register, kept by the Recorder of said city, and said bonds shall be in substantially the following form: UNITED STATES OF AMIERICA STATE OF OREGON CITY OF ASHLAND No. AUXILIARY IATER BOND $1000.00 KNOW ALL MEN BY THESE PRESFNTS, That the city of Ashland, in the county of Jackson, state of Oregon, for value received here- by agrees and pro:n13es to pay the bearer the sum of One Thousand ($1000.00) Dollars in gold coin of the United States of America, on the presentation and surrender of this obligation on the 1st day of July, 1959, without grace, with interest thereon from the I{ E o On* date hereof until redeemable at the rate of five (5) per cent per ,'nnur: , payable semi-annually, in like ;old coin on the let day of July and January of each year on the presentation and suirrender of the proper cupon hereto annexed. Principal and interest pay- able at the office of the Treasurer of the city of A_-'land, Oregon. This bond is one of a series of one hundred and seventy-five bearing even date herewith and numbered consecutively from ome to one hundred and seventy-five, both incs.usi ve, and amounting in the aggregate to the sum of One Hundred Seventy-five Thousand ($175,000.00) Dollars, issued by the city of Ashland, Oregon, for the purpose of j,:roviding :Money to construct, build and install an auxiliary hater system to be o,vned bar the city of Ashland, Oregon, and to be operated by said city or by any board or boards of com- missioners that may hereafter be created for such purpose; to extend pike lines fro-,fa any gyring or springs or other }rater supply, either within or without the incorporate limits of said city and to any point or places in or albout said citsr, and to ~.ur horse all water rights, ri Pubs of way, land, equipment, material, labor and supplies necessary thereto. The authority for such issue is derived from Section 3 of Article VIII of the Charter of said city, and is in compliance with the-majority vote of the electors of said city at a special election duly called and held on the 9th day of June, 1914. A id it is hereby recited and c,:z-rtified that all. the acts, 9nd conditions and things required to be done precedent to^in the issuing of this bond necessary to make the same legal and valid have been properly done, happened and been performed in regular} and in due form and t i:Tie as required bylaw, and that the total indebtedness of said city of Ashland, including this issue of bond3 does not ~xc~3ud th 'IIAIA pit proscribed by law. This lion d is r-,dee able at the office of said `treasurer at t'le or lion of ti.e cittr of Ashland, up on the payment of the face i value thereof, with accrued interest to date of payment at any --,upon paying period, as provided in Section. 2 of Ordi- nance special reference being made thereto and the said Section bei 'Adel -art hereof _iD For the fulfillMent of the eondit.ions of this obligation ; :r.. a V V ~.d i t-,.i i~ ; +.r of 43rl.nd are hereby pledge 11 v l.4 .L a 1 `J .l. U - .1 .i 1- s I-1 .~T~,-,,.~ ~rr~ twr,i; wars a ~ been signed b the !Mayor and attested by the Recorder of said cit.,T of Ashland, and the corporate seal of the city of Ashland hereto affixed, as of the let day of July, 1914, N11 ay or Attest, acorder of the cite of Ashland. CUPOLA $25.00. The city of Ashland will pay to the bearer Twenty-five ;',25.00) Dollars iii gold coin of the ?united States of America, :~t the office of the Treasurer of said city on the 1st day of J ~nuar lC'___. being six months interest on Auxiliary 11Tater -,.mess said bond is :sooner redeemed as herein provide d, which redemption will. render this capon void. air o r . itTT Recorder of Ashland. _ SECTION 5. The Mayor and Recorder of the city of A:~hland, Orecron, are hereby authorized and required to make and execute in behalf of said city, the Auxiliary Water Bonds specified in this ordinance to the amount of One Hundred Seventy-five Thousand ($175,000.00) Dollars, and -the Recorder shall advertiea such bands for sale, and the same shall be =old for the highest price obtainable, but for not less than par and accrued interest at five 5) per cent per annum from iti1y lst, 1914, said advertising to be published ina of JL 1era,l circulation in Jackson county, Oregon, and in such cUher -pu~lication or pub,'l at- i ons a in try judcnment of the city r ^ol°a 3_c-a-ly a =,.;s - ~-n + seal=ed bids for 3.,~ U i. v n v i v - 11 ~ v acid bonds. SFCT.IoN 6. -3 J r 'L rl 3 r' i u • y . ~ ,v : v 7 . fi Z n. ~n y..t.''~~.1?!t:dt ion 0 1 at or v s l.d. L~~ .x. v ~ 1 ,ms - . f he special election held a L,!; u n as l~- rovided by law. t - ; number of such measure will be as s Z tir 4 Y :.:7 f T'YC1 n-rte ~ r7 `:r T 7.Ln: T T -7.TT 0N ..L I . or ' 4 na, ce providing for the issuance of Auxiliary Water r~,= N the city of Ashland Oregon, in the sum of One Hundred and : -venty-five Thousand (4175j.000.00) Dollars, for the pur )ose of nstructing, building and installing an auxiliary munici-,al water 3 rstery1, to be owned and operated b%T the city of Ashland, Oregon, or by any board or boards that may hereafter be created .fcr such puriose. Tote Yes or No. 1co Yes. iC/ No. For the said special city election of June J, 1g14 for the submission to the legal voters of the city of Ashland, ^r. egor., of the fore-o:i ng ordinance, the following voting places and judges of election have been Appointed by the Common Council of said city: FIRST WARD, voting place, 4th street fire station tu-ilrlin~, t'~ i T- C-1 rp ,.X, f~ T J u SECOfifl G17ARD, voting place, McCarthy Nall, corner Granite and Main streets, 17C,01iiD WARD, Judo-es, c t THIRD WARD, voting place, City Hall, THIRD BARD, Judge a, The two last named judges in each ward shall also act c.3 clerks of election. The polls will he open from 9 o'clock in the forenoon until' O'clock in the afternoon. i.ty Recorder. JU G wiz 3t put li c tian in the Ashland Tidings, Y,-...y 25, 191 . v►