HomeMy WebLinkAbout02279twenty years, should be gjAmitted to the electors of the City of
Port Townsend in the general election to be held on November 4, 1969.
Section 3. The City Clerk of the City of Port Townsend is here
and hereby authorized and directed to cettify to the Auditor of
Jefferson County, Washington, as ex•-officio supervisor of elections
for said Jefferson County, a proposition to be submitted to the
qualified electors of the City of Port Townsend, in all precincts
thereof, at the general election to be held on Tuesday, November 4,
1969, the said proposition to be as follows:
PROPOSITION NO. 1
CITY OF PORT TOWNSEND CITY HALL AND PUBLIC WORKS
CAPITAL IMPROV14ENT BONDS, $335,000.00
Shall the City of Port Townsend, Jefferson County, Wash-
ington, issue its general obligation bonds in the principal
amount of $335,000.00, or so much thereof as may be issued
and sold under the laws governing the limitation of indebted-
ness of cities of the third class, such bonds to be payable,
both principal and interest, out of annual tax levies to be
made without limitation as to rate or amount, to bear inter-
est at a rate not to exceed 8% per annum, and to mature as
provided bylaw and ordinances of the City Council ofthe City
of Port Townsend within twenty years from the date of issue,
for the purpose of providing the funds to pay part of the
cost of constructing and equipping capital improvements to
the City Hall of said City, for the construction of a Pub-
lic Works Building for said city, and for the acquisition
and purchase of lands needed for expansion of the City Hall
and city services.
BONDS, YES . . . . . . . . . . . . .. [
BONDS, NO . . . . . . . . . . . . . [ ]
Section 4. This Ordinance shall take effect upon its
passage, approval and publication in the form and manner provided
by law.
Read for the first, second and third times, passed by the
Council and approved by the Mayor on October,7, 1969.
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ATTEST:
� GALE I YO N66LOOD
City Clerk iv
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