HomeMy WebLinkAbout01201ORDINANCE ITO. 997
AN ORDIIIAITCE of the City of Port To•rrnu.nd specifyin!- and adopting
a system or plan for the making of certain additions
and betterments to, and extensions of, the existing
municipal water works system of said city,, declaring
the eotiroated coat thereof as nearly as may be, sub-
mitting said system or plan and the proposition and
authority to become indebted for the construction of
said systett:•ox plan to the qualified voters of the
city of Port Townsend for ratification or rejection
at the re_ul.e.•r city ri.mar�' elF,etion to be held on
the pith day of Nover,icer, 1930, and providing for the
issuance and Gale of negotiable interest-bearinE
general indebtedness coupon bonds of the City of
Port Townsend in the amount of Forty-nine thousand
Dollars ($49,000.00), and for the retirement thereof,
to pay for the cost of such additions, betterments
and extensions if the qualified voters at such election
shall ratify the same.
THE CITY COUNCIL OF THE CITY OF PORT TOWNSEND DO ORDAIN AS FOLLOWS:
Section 1. That the demands and requirements for stater make it
necessary and advisable that said city make additions and betterments
to, and extensions of, its existing municipal water works system.
Section 2. That the City of Port Townsend hereby specifies and
adopts the system or plan of makin. certain additions and betterments
to, and extensions of, its existing: municipal water works system as
specified in Section 3 of this ordinance; declares the estimated cost
thereof, as nearly as may be; and proposes to become indebted for the
cost of constructing the same as set forth in Section 4 of this
ordinance; and does hereby submit to the qualified voters of said city
for their ratification or rejection at the regular city primary
election which will be held on Tuesday, the 4th day of November, 1930,
said system or plan of making said additions and betterments to, and
extensiono of, its said rater works system and authority to become
indebted for such purpose and to issue negotiable interest -bearing
general indebtedness coupon bonds of the City of Port Townsend therefor.
Section 3. That the system or plan of said proposes: additions and
betterments to, and extensions of, said crater •rrorks'eystem of said city
is hereby specified and adopted and the estimated cost thereof, as
nearly as may be, is hereby declared to be as follows, to -wit: it is