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HomeMy WebLinkAbout01205fixed as the date upon which said election shall be held, there shall be voted upon by the qualified voters of said city the proposition and question specified and adopted in Section 3 of this ordinance; Said election shall be held and conducted in accordance with the general laws of the State of Washington, but not less than thirty days notice of the voting; on of said proposition shall be given by publication in the Port Townsend Leader, the newspaper doing the city printing, and by posting notice thereof in at least three places in each of the five voting wards of said city for said time. Section 6. That the proposition or question so submitted to the qualified voters at said election is to be voted upon in the following manner, to -wit: Every qualified voter at said election electing to vote for or against the proposition of the issuance and sale by the City of Port Townsend of $49,000.00 of its negotiable bonds for the purpose of providing funds for certain additions and betterments to, and extensions of, said eity's municipal water works system as in this ordinance set forth, shall vote his (or her) election upon said question upon a ballot in the following form: "Shall the City of Port Townsend issue and sell $49,000.00 of its negotiable interest -bearing general indebtedness coupon bonds to provide monies for certain additions and betterments to, and extensions of, its existing municipal water works system as specified and provided by Ordinance No. �-7 of said oily and par- tioularly Section 3 of said Ordinance; said bonds to be payable beginning with the second year in such amounts (as nearly as practicable) as will, together with interest on the outstanding bonds, be met by an.equal annual tax levy over a period of twenty-five years from the date of their issuance and to draw interest at a rate not to ex- ceed six per cent per annum, interest payable semi- annually or annually?" ye:. ............ D No.............LI Any voter who desires to vote favorably on said proposition shall place an ":n" in the square to the right of the word "Yes" and any voter who desires to vote against said proposition shall place an ":s" in the square to the right of the word "No."