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O::l.DIl:.dlICE 110. 47.
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1 A:.i O!lDIlrA.L~CE ??OiIDII;G li'OR ::'IIE ISSUdl:CE OJ;' :BOiIDS OP ':i'HE
CITY OF .i.RCADLl, AUTHORIZED ilT A Sl'E:CLi.L I.JJnICr:pi,r. EL3'JTION HELD
2 IN SAID CIT'( OF ARCADIA ON THE 22nd. DAY OF SEPTET.illER, 1914, In
TH3 srr~ OF j13l,250.00 FOR THE PURPOSE OF THE ACQUISI::'ION, CON-
3 .3TRUCTIOll JUlD COI.:I'LETIOIJ BY SB.ID CITY (:j,' ARCiiDH OF A C:-:RTAIl! ::tE'l
~;UE-PRODUCIl1G EilllICIPiU. n::'o>ROV:EL:EilT, ..um ALSO III TRE sm.; Ol!'
4 ,1150,000.00 FOR THE PURPOSE OF THE AC;"UISITlon, COHST:\UCTIOiJ AND
5 COI.:PLETIOIT BY S....ID CITY OF ARCADU OF .il. C~T.d.IN !.:illlICIP";'L II.:PROVE-
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~mERE&S, the Board of Trustees of said City of Arcadia
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at a regular adjourned meeting of said Board, held on the let. day
8 of August, :914, by a vote of more thantuo-thirds of its members,
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duly passed and adopted a Res.olution determining that the public
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interest ancl necessity delll:md the acquisition, construction and
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completion [IY said City of Arcadia of a certain revenue-producinG
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municipal improvement, to-nit:
:7ater works for developing, supplying and distributing
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vater for domestic, irrigation and other purposes to said City of
Arcadia and the inhabitants thereof; including the acquisition of
lands, l~ter rights, rights of way, pumping plant, machinery, ap-
paratus and other property necessary therefor and also including
in conjunction lath said water works, the acquisition, const~ctio
and completion of a well or wells, reservoir or reservoirs, pipes,
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pipe lines, water rrains, conduits, laterals, meters, fire plugs
and other works necessary therefor; and that the estirrated cost of
the s~e is ~131,250.00, and
'..1fE..~S, said Resolution "tiS approved by the J?:resident
of the Board of Tru.stces of said City of Arcadia and attested by
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the City Clerk of said City on the said 1st. day of dUgust. 1914,
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and.
~~EREdS, the said Board. of Trustees d.id thereafter, at
its regular meeting held on the 3rd. day of Se)tember, 1914, by
a vote of all its members, duly pass and adopt an Ordi1~ce call-
ing a special rnunicipGl election to be held in said City of ~r-
oudia on tho 22nd. day of Septemoer, 1914, for the object and pur
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1 pose of submitting to the qualified electors of said City the pro-
II position of incurring an indebtedness and issuing bonds for the
3 purposes set forth in sa id Ordinanoe, to-wit:
4
Tke proposition of inourring an indebtedness and issuing
5 bonds in the sum of JI31,250.00 for the acquisition, construction
6 and completion by said City of ..l.rcadia of a certain revenue-pro-
7 ducing municipal improvement, to-,dt:
8
\1s.ter works for developing, supplying and distributing
9 m>ter for dcmestic, irrigation anc:. other purposes to said Oi ty of
10 ~roadia and the inhabitants thereof; including the acquisition of
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lflnds, water rights, riGhts of Hay, pumping plant, lll!lchinery, ap-
paratus and other property necessary therefor and also including
in conjunction \uth said water works, the acquisition, consttuctiol
and oompletion of a well or wells, reServoir or reservoirs, pipes,
pipe lines, water mains, conduits, laterals, meters, fire plugs
and otner wcrks necessary therefor.
AJ.SO, the rroposi tion of incurring an indebtedness and
issuing bont~s in the sum of vI50,OOO.OO for the acquisition, con-
struction and completion by said City of Arcadia of a certain uun-
icipal improvement, to-wit:
Grading and oil macadami~ing Santa ~nita Lvenue in s~ld
City of ilrcadia from the Southerly line of ',7hite Oak .\.venue to the
Northerly line of ~zusa Road and constructing cement gutters and
concrete curbing along each line of the roa.dway of said Santa.
.inita .~vellue from the Southerly line of ;lalnut ilvenue to the llortl:-
erly line of ~zusa Road and grading and oil-macudami~ing the fol-
lowil~ streets in said City of ~rcadia: Baldwin ~venue from the
Eortherly line of The i..tchison, ~opeku and Santa Fe :n.ailr:ay Com-
pany's Righ-:; of ;:ay to the Soutl1erly line of .,;'hite Oak ..lvenue;
First ll.VellUO~ from the Southerly line of Haven ':'venue to the north
erly line o:f Duu.rte Road; Falling Leaf .l.venue rrom the :J:lsterly
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1
line of Santa .imi!~ il.venue to the Easterly boundary line of said
2 City of 1l.rcc.dia; IIuntington Drive from the 'ilesterly boundary line
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of said Cit~r of Arcadia to the :7esterly line of Santa. Anita .lvenue'
4 Second ~venue from the Southerly line of Duarte Road to the TIorth-
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erly line of 1l.zusa Road; :3ighth "-venue from the ITortho:.:ly lino of
6 Vo.lnett 1J.venue Horth to the City linits; Sixt}: '.';3.lJ.v :::..._m ~~!J
7
::(:'U'oly line of '::c.lnut ...venue :10rth to the City limit!':; Fourth
Avenue from the northerly line of Valnett ":"venue to the Southerly
line of :;>Uo;.rte Road; Duarte Road froD the llisterly line of Santa
...ni ta .d.venue ;:Cst to tr.e City limits; Valnett ....venue fror.l the fust
eI'ly line 0:1' Santa ~l.ni ta Avenue to the :7esterly line of Big-hth
....venue; and ~:alJ1ut .....venue from the fusterly line of ;:;1 Lonte J:,.ve-
nue to the -.:ester1y line of Sixth Avenue. e:ccept such "!'ortion. of
s~'.id street!l proposed to bc iuproved (;.s is required by law to be
kept in order or rc~air by any person. firre c"' ccrpvration hsving
or muint~in~ng railroad tracks thereon; and th~t the estimsted
co st of t1:e sa.me is i,l150. 000.00. =0. said Ordinance ViaS approved
by the 1'res:.de,lt of the Doaj:u of Trustees of said City of ....rc:::.ii.ia
and attested by the Cit;y Clerk of said City on the s:::.id 3rd. UIJ.;Y
of Se..tembe::. 1914. :::.nii. said Crdinallce -;:::.s ttereafter duly ]?osted
by said Cit;{ Clerk in at leo.st three :public 111:1ceS in said City
of Arc:::.dia .Zo r tVIO succeedLlg weeks next before the date of 8"id
special !JU.uicip.;.1 election. and
'.~:IE?E.:i.S. such special mnicipal election was held on
the 22nd. day of Se~teDbcr. 1911. as provided by said Ordin~nce
calling the same ana by law for holdine; DlUnici:f)al elections in
said City. J.nd each of saiu ];lroposi tior.s of iTlcurri;13 (l, bonded
indebtedness hereinbefore nentioned . received more than t\7o-thircl
of the votes of tlle ~ualif.ied voters voting at such special mun-
icipal election. and
;~~3~S. all and sillgulJ.r the provisions of an act of
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1 the LeBislature of the State of California, entitled ".ill Act Au-
. 2 thorizing tl_e Incurring of Indebtedness by Cities, To.lns and ~iun-
3 icipal Corporations for I,iunicipal Improvements and regulating the
4 ..lcquisition. Corstrilction or Completion thereof", .,:hich became :.l
5 law February 25. 1901. and the Acts amendatory thereof end supple-
6 fllentary thereto. and the la\7s of the State of California, govorninc
7 cities of the sixth class and of the Ordinances of said City, have
8 been fully complied ..ith so as to authorize the issue of said bondE,
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nOi: THEREFORE. ~ITE Board of Trustees of the City of Ar-
10 cadia do ordain a.s follo\7s:
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SECTION I: Thet bonds of said City of Arcadia in the su
12 of .)l31, 250. 00 be issued in accordance 17i th the provisions of an
13 Act of the Legislature of the Sta.te of California. entitled. "An
14 Act Authorizing the Incurring of Indebtedness by Cities, Touns and
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Kunicipal CCT.florations for Liunicipal Improvements and. recrulating
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the Acquisition, Construction or Completion thereof". .Ihich became
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a law February 25. 1901. and all Acts or parts of Acts amendatory
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thereof or supplementary thereto and with the laws of said State
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of California for cities of the sixth class and \"I'1th the Ordinance
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of said City, for the purpose of the a~quisition. construction and
completion by said City of Arcadia of a certain revenue-prOducing
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municipal improvement. to-wit:
~ater works for developing, supplying and distributing
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~ater for domestic. irrigation and other purposes to said City of
Arcadia and the inhabitants thereof; including the acquisition of
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lands. VIa ter ri{l'hts. ri8hts of ..ay. pur.lping plant. mchinery, ap-
paratus arui other property necessary therefor and also including
in conjunction with said \~ter works, the acquisition. construc-
tion and completion of 0. well or wells. reservoir or reservoirs.
pipes, pipe lines. ..~ter IDalllS, conduits. laterals. meters. fire
plugs and other works necessary therefor.
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Tr..at said bonds sha.ll be Tllo Hundred Eighty (280) in num-
2 ber; that they shall be designated as "Aroadia :/ater Bonds, 1914 n,
3 and shall be numbered from 1 to 280, both inclusive, and 245 of
4 said bonds shall be issued in the denomination of Five Bundred
5 (~500.00) Dollars each, and 35 of said bonds shall be issued in th
6 denomination of T,IO Hundred Fifty (J250.00) Dollars each and the
7 prinoipal and interest thereof shall be payable in la\7ful money of
8 t'.ie United States; that they shall be dated Decer.Jber 1, 1914, and"
9 bear interest at the rate of five and one-half (&~) per cent per
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annum, payable semi-annually on the 1st. day of June ana the 1st.
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day of December of each and every year.
Said 280 bonde shall be.
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payable in the manner following, to-wit:
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Seven (7) of said bonde of the denomination of ~500.00
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each end one (1) of said bonds of the denomination of 0250.00 on
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the 1st. day of December, 1919, and seven (7) of said bonds of the
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denomination of 0500.00 each and one of said bonds of the denomina
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tion of ~250.00 on the same day and date of each and every yeur
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thereafter, at the office of the City Treasurer of said City of
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~rcadia, tQgether vdth tho interest on all sums unpaid at such
date; and said bonde shall be substantially in the following form,
to-wi t :
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No.-----------.
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UIHTIID ST.tTES OF AI.::b'RIC~.
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ST~\.TE OF CALIFOPllIA.
CITY OF 1.RCl\.DIA.
ARC~Dld ITATER BONDS, 1914.
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".
"J
Arcadia, California, Deoember 1, 19 4.
On the 1st. day of December,
.... D. (year of
maturity), the City of Arcadia will pay to the bearer at the of-
fice of the City Treasurer of said City of Arcadia, in the City 0
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drcadia, Cal ifornia, the sum of .)
, Vii th interest
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1 thereon at the rate of five and oce-h~lf (5~) per cent per annum,
2 payable semi-annually, on the 1st. day of June and the 1st. day of
3 December of each year, at the office of the City Treasurer of suid
4 City of ~rcadia, in the City of Arcadia, California, upon the pre-
5 sentation and surrender of the interest coupons hereto attached.
6 Principal and interest payabl~ in la\7ful money of the United State
7
This bond is issued in pursuance of the provisions of an
8 Act of the Legislature of the State of California uhich became a
9 law Pebruary 25, 1901 and all amendments thereto, authorizing the
10 incurring of indebtedness by cities for municipal i~provements.
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It is further certified that all re~uirements of the Con
12 stitution and laws of the State of California and of ordinances
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of the City of Lrcadia, have been fully complied TIith by the pro-
per officers in the issuing of this bond; that this issue of bonds
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has been authorized by the vote of two-thirds of the duly qualifie
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electors of said City voting on the question of such issue, at a
special election duly and regularly called and held in said City
on the 22nd. cay of September, 1914, and that the total amount of
this issue, together with all other indebtedness of said City, doe
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not exceed the limit prescribed by the Constitution and lalls of
the State of California.
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IF :,'ITHESS 7:IJ:ZRECF, the City of Jlrcadia has caused this
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bond to be signed by the Executive of s~id mL1nicipality, to-\7it:
~he President of the Board of Trustees of said City and also by
the ~reasurer of said City, and to be countersigned by the Clerk
of said City and tho corporate seal of s~id City to be affixed
thereto and said City has also caused the coupons hereto attached
to be numbered consecutively and signed by the ~re::J.surer of said
City of Jlrce.dia.
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President of the Board of Trustees
of the City of ~rcadia.
Tre:J.surer of the City of .i.rcadia.
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1
Countersigned.
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City Clerk of the City of Arcadia.
That in1;erest coupons shall be attached 1;0 each of sc.id
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5 280 bonds representing each installment of interest accruing on
6 such bonds up to 1;he maturity thereof, ,:hich said coupons 81'::.11 11e
7 su':atLJ1.tie.lly::.'1 t;;2 <'01:0.71ng form, to-m t:
8
...
9 .,
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11 ... D.
lTo.--------
(month of ~~turity),
On the lat. day of
, (year of ~Bturity). the City of Arcadia promise
12 to pay to the bearer at the office of the City ~reasurer of the
13 City of Arcadia, in said City, State of California, the sum of
14 ..;
(amount of interest), in larrful money of the
15 United States, for semi-annual interest due on "Arcadia ':Jater Bond
1914", Ho.
( ~umber of bond to ,hich cou~on is attached).
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Treasurer of the City of Arcadia.
SECTION 2: That bonds of s~id City of ~rcadia in the
SlUU of ,j150,OOO.00 be issued in accorde.nce ;lith the provisions 0::
an ~ct of tLe Legislature of the State of Californie., entitled,
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"an act authorizinB the Incurring of Indebtedness by Cities, To.ms
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::md r..unicipal Corporations for r~unicip:.1.1 Improvements and rerrulat-
24
ing the Acquisition, Constructi on ur C'ompletion thereof". uhich
became a la~ February 25, 1901, and all ~cts or p~rts of Acts
25
I.lmencl.ctory the:ceof or supplementary thereto, and with the laws of
scid Stl:l.te of California :Lor cities of the sixth class and \lith
tl~ Ordinances of aaid City, for the purpose of the acquisition,
construction and compl et ion by s:J.id City of ":"rcadia of a certain
Ilm.nicipol iIJlpY'ovement, to-TIit:
Gluding and oil-macadamizing Santa Anita Avenue in said
City of ~rcc..dia from the Southerly line of ..nite Oak dvenue to th
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1 Uortherly line of Azusa Road and constructing cement gutters and
2 concrete curbing along each line of the roadway of said S:mta An-
3 ita iJ.venue froy;] the Southerly line of :7alnut Avenue to the Horth-
4 erly line of Azusa Road ~nd grading and oil-~cadamizing the fol-
5 lowing streets in said City of -'-rcadia: BaldVT.i.n
6 Hortherly li.ne of ~he Atchison. Topeka and 8anta
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Avenue from the
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::fe Rail,lay Com-
7 pany's Right of 'Jay to the Southerly line of :7hite Oak Avenue;
First Avenue from the Southerly line of Haven avonue to the North-
erly line of Duarte Road; FaJlins Leaf Avenue from the :;;;asterly
line of Santa Anita ~venue to the Easterly boundary line of said
Ci ty of Arca.dia; Huntington Drive from the :lesterly boundary line
of seld City of J.rcu.dia to the 7lesterly line of So.nta ..lllita J.venUe
Second ..;.venu.e from the Southerly line of Duarte Road to the lTo rt he- -
ly line 0 f 4.zusa Road; Eighth ~ivenue from the Hortherly line of
Valnett AveLue lTorth to the City limits; Sixth ~venue from the
Ilortherly line of ::o.lnut ;"venue north to the City limits; Fourth
Avenue from the Northerly line of Valnett Avenue to the Southerly
line of Duax'te Road; Duarte Road from the :Jilsterly line of Santa
Anita AvenUe East to the City limits; Valnett ~venue froo the ~2st
erly line of Santa ani to. .1venue to the ::esterly line of Ei(l"hth
Avenue; and Ualnut ;"venue from the Easterly line of El ~onte ...ve-
nue to the rTesterly line of ~ixth Avenue, except such portion of
said streets proposed to be improved as is required by 10.\'1 to be
kept in ordElr or repair by any person, firm or corporation having
or maintaining railroad tracks thereon.
That said bonds shall be 320 in number; t1:at they shall
be designated as n;'rcd.dia Street Bonds. 1914n, and Shall be num-
Lered from 1 to 320, both inclusive, and 280 of said bonds shall
be issued in the denomination of ,)500.00 each !l.I1d 40 of said bond
shall be iSflued in the denomination of ,)250.00 each and the prin-
cipal and iI~erest thereof shall be payable in lawful money of th
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'f" ........
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1 United States; that th~y shall be dated DeceMber 1. 1914, and bear
2 interest at the rate of five and one-half (&}) per cent per annum.
3 payable semi-annually on tr~ 1st. day of June and the 1st. day of
4 December of each and every year. Said 320 bonds sh~ll be payable
in the mann<3r follo\7ing. to-TIit:
Seven (7) of said bonds of the denomination of 0500.00
each and one (1) of said bonds cf the denomination of J250.00 on
the 1st. day of December, 1915 and seven (7) of said bonds of the
denominatio:'l of ;;;500.00 each and. one (1) of said bonds of the de-
nomination of ,)250.00 on the same day and d:lte of each and every
year thereafter. at the office of the City Treasurer of said City
of ~rcadia, tOGether nith the interect on all sums unpaid at such
date; and said bonds shall be substantially in the follouing form,
to-nit:
~Jo.--------
UlH'I'ED STATES OF .U,J;IUC.l.
STAT~ OF CALISOR~I~.
CITY O:? ARCaDIA.
ARCADI1 STREZ~ BOirDS, 1914.
~rcadia. California, December I, 1914.
..,;
On the 1st. day of December,
, .ci.. D. (ye:n of
maturityJ. the City of ~rcadia will pay to the bearer at the of-
fice of the City Treasurer of said City of Arcadia, in the City
of Arcadia, California, the sum of 0
, vrith interes
thereon at the rate of five and one-half (&~'J per cent per annum,
payable se~i-annually on the 1st. day of June and the 1st. day
of December of each and every year, at the office of the City
Treasurer of ~id City of "'readia, in the City of Arcudia. Cal-
ifornia, upon the presentation and surrender of the interest
coupons hereto attached. Principal and interest payaole in 19w-
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1 ful money of the United States.
2
~his bond is issued in pursuance of the provisions of
3 an Act of the Legislature of the State of California, phich be-
4 came a law February 25, 1901 and all amenuments thereto, authoriz-
5 ing the incurri11g of indebtedness by cities for municipal improve-
6 ments.
7
It is further certirieu that all re~uirements of the
8 Constitution and laws of the State of California and all ordinanoeE
9
of the City of nrcadia, lmve been fully complied TIith by the pro-
10
per officers in the issuing of this bond; that this issue of bonds
11 has been authorized by the vote of t~o-thirds of the duly quslifie
12
electors of alid City voting on the question of such issue, at a
13
special election duly and regularly c~lled and held in said City
on the 22nd. day of September. 1914, and that the total amount of
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this issue, together TIith all other indebtedness of said City, doe'
not exceed the limit nrescribed
.
by the Constitution and lans of
the State of California.
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IN '.7ITNE3S '.llw.:EOF. the City of Arcadia has caused. this
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bond. to be si~led. by the Executive of Slid. municipality, to-wit:
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The President of the Board of Tntstees of said City and also by
the Treasurer of said. City and to be countersigned by the Clerk
of said. City and the corporate seal of said City to be affixed
theret~ and. said City has also caused. the coupons hereto attached
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to be numbered consecutively and signed by the Treasurer of &lid
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Ci ty of Arcadia.
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cresident of the Board of ~nlstees 0
the City of ~rcadia.
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Treasr.re:;: of the City of. .i.readia.
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CountersiGned.
tity Clerk of the ity of ~rcad.ia.
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That interest coupons shall be attached to each of said
2 320 bonds representing each installment of interest accruing on
3 said bonds up to the maturity thereof, ~hich said coupons shall
4 bo substantially in the follo~il16 form, to-;ut:
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No.------
6 oj
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(month of hl9.tu:city), ,~.
On the 1st. day of
8
D.
(year of maturity), the City of Arcadia promises
9 to pay to the bo::'.rer at the office of t~le Ci ty ~reQ.surer of the
10 City of Arcadia, in scid City, 8tate of Califo~nia, the sum of
11 .\ ( )
',/ __ amount of in tereot , in laV/:Zul money of the Unit ou
12 due
States, for semi-annual intorest",on n~rcadia Street Bontl., 1914, n
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1;0. , (number of bond to. ,;;hich coupon is attached).
~reasuror of the City of ~rcadia.
S~C:'Icn 3:
~:lat the ?resident of the .!:loard oC' ~r,'steofl
17 of said City of Arcadia and the City ~reasurer of said City are
18 hereby autho~ized and directed to sign all of tho said bonds, and
19 the City Clerk of said City is hereby authorized and directed to
20 countersign said bonds und to affix the cor~orato seal of.saiQ Cit;
21 of b.rcadia thereto and the City Treasurerof said Ci t~T is hereby
22 authorized and directed to sign the int~:'C'3t oouJ.lons uf ~~":
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23 ,.:'<1 8.",J. "Jj,~l sh::.ll be delivered by s::'.id City CIerI, to so.id CHy
24 ~reasurer in such o.mounts as the Board of TrusteeB~of said City
25 wy froJ:l tin:El to th:e determiue; ,l.nd said City Tre:lsllrer is here-
26 by authorized and directed to sign all of t1:0 interest cou.]JOIJS of
27 said bonus ~~r his lithoGr&llhecl or engro.ved si:rD.sture.
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S:;;:CTIOIl 4: Tl1at tIle 11Toceeds of the sale of s:J.id n.....rcac1ia
29 ',:::.ter Boncls I 1914" shall be .:.:>lacod in the Treasury of s~.id City >GO
30 the creclit cf a fund. to be l:no';m 0.::; ".....rco.clia i;o.te1' Bonds, 1914
31 Fund". ;.:.nCl. shall be applied exclusively to tho PUl'l,ose mentioned
32 in this Ordim!.nce, to-\'lit: ~'le llUrpose of tl,e aClJ.uieition, con-
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struction a~d completion by said City of arcadia of a certain rev-
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enue-producing munici.l?al improvement, to-\7i>G:
liatl3r works for developing, sUPlllyine; and distributing
\7Ltter :Lor dowestic, irriG'ation anti other :.Jur:poses to E!i1id City of
~rcadia and the icl1~bitants t1ereof; including the acquisition of
lands, \late:: rights, riGhts of ;:ay, pt1Ill.J,Jing plant, Llli.chinery, ap-
paratus and other progerty necessary tl~erefor and also including
in conjunction ',Ii th said \vater.,orks, the D.cc;.uisi tion, construu-
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tion and conpletion of a uell or uells, reservoir or reservoirs,
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pipes, pipe lines, uater rrL~ins, conduits. laterals, meters, fire
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plugs and otller works necessary therefor.
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S:ZCC'IOH 5: That for the Imrpose of securing end. Ilrovid.-
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iug for the payment of the princ1.l?al and interest of said "..rcadia
;7ater Bonds 1914", there is hereby cree:.ted a fund to be known as
"Arcadia \later Bonds 1914, Interest and Sinkine; Fund", That all
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the money ~hioh,from time to time, shall be placed in said fund,
siiall be and. is hel'eby set u:p:lrt exclusively for the pul'pose of
IDeeting all sums coming due f~ principal and interest on all of
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the aforesGi.d "iJ.rcadia \!ater Bonds, 1914" ",:hich may be issued unde
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the proceedings hereinbefore recited. That for the purpcs e of
paying the principal and interest of said bonds, the Board of Trus
tees of said. City shell, 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, a tax sufficient to pa.y the in-
terest on such indebtedness as it falls due and also to constitute
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a sinking fund for the payment of the principal thereof on or be-
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fore maturity.
Said tax shall be in addition to all other taxes
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levied for mimicipal purpo ses and shall be colI ected at the same
time and in the same manner as other municipal taxes are collecte
and forth\nth as collected, shall be turned over to ~nd paid into
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sa.id "llrca.dia ;:ater Bonds, 1914. Interest and Sinking Fund", und
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be used for no other purpose than the payment of said bonds and
accruing interest.
SECTICH 6: That the :uroceeds of the sale of sHid "Arcadia
Street Bonds, 1914", shall be 21aced in the Treasury 01 said City
to the credit of a fund to be knolm as "il.rcailia Street Bonds, 1914
Pund", and shc.ll be :fl<fllJlied exclusively to the purposes mentioned
in this Ordinance, to-wit: ~he purpose of the acquisition, con-
struction and .completion by said City of ~rcndia of a certain mun-
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icipal improvement, to-~~t:
Grading and oil-Qacadamizin~ Santa Anita il.venue in s~id
City of Arcadia from the Southerly line of :~ite Oak Avenue to
the Northerly line of Azusa Road and constructing cemo~t [,Utters
and concrete curbing alonG each line of the roadTInY of soid Sant
,lnita il.venue from the Southerly line of ~alnut Avenue to the Eortl-
erly line of Azusa Road and grading and oil-macadamizinff the fol-
lowing streets in said City of Arcadia; Baldwin Avenue from the
Northerly line of The Atchison, Topeka and Santa Fe Railr.ay Com-
pallY' B Right of :iay to the Southerly line of \ihite Oak Avenue;
First Avenue from the Southerly line of Haven Avenue to the North
erly line of Duarte Road; Falling Leaf il.venue from the Easterly
line of Santa Anita Avenue to the Easterly boundary line of aaid
City of ~rcadia; Runtington Drive from the Veaterly boundary line
of said City of Arcadia to the i7esterly line of Santa .:i.ni tel. Avenu
Second Avenue from the ~outherly line of Duarte Road to the licrth
erly line of Azusa Road; Eighth Avenue from the Northerly line 0
Vmnett Avenue North to the City limits; Sixth Avenue from the
Northerly line of ~alnut Avenue North to the City limits; Fourth
Avenue froD the Eortherly line of Valnett Avenue to the Southerl~
line of -)narte Road; Duarte !toad from the Zasterly line of Santa
4nita ~venue East to the City limite; Valnett Avenue from the
Easterly line of Santa .rni ta Avenue to the :7esterly line of
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Eighth Aven~e; and ;;alnut ~venue from the Enstarlyline of El
llonte Avenue to the ITesterly line of Sixth ~venue, except such pOl'
tion of said streets proposed to be improved as is required by law
to be kept in order or repair by any person, firm or corporation
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5 having or mlintaining railroad tracks thereon.
6 SECTIOn 7: Toot for the purpose of securing and providing
7 for the payment of the principal and interest of said "..trcadia
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Street Bonds. 1914", there is hereby created a fund to be knO.1Il
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as "~rcadia Street Bonds, 1914. Interest and Sinking Fund",
That
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all the money. which from tillie to time, shall be placed in said
fund, shall be and is hereby set apart exclusively for the purpose
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of meeting lill sums coming due for principal and interest on all
of the afor(~said "Arcadia Street Bonds, 1914", .Ihich may be issued
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under the p::'oceedincrs hereinbefore recited. That for the purpose
of paying the j?rincipal end 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 ~ollect annually each year until such bondS ure paid or
until there shall be a sum in the Treasury of said City set apart
for that pu."PCS e, sufficient to Lleet all sums con:ing due for prin-
cipal and interest on such bonds, a tax sufficient to pay the
annual inte::est on such bonds, and also such )art of the principa
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thereof as shall become due before the time for fixing the next
general tax levy. Said taxes Shall be in addition to all other
taxes levied for municip:ll purposes and shall 1)0 collected at the
s~e time aJld in the same manner as other municipal taxes are
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collected and forthrJith as collected shall be turned over to and
p3.id into said "Arcadia Stlileet Bonlis. 1914, Interest and Sinking
Fund", and be used'::or no other purpose than the payment of said
. _ 31 bonds and a(lcruing interest.
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SEc'rrOI~ 8: The City Clerk sb.all certify to the :::.doi1tion
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1 of this Ordinance end shall C3use the same. to be yosted in at
2 least three public places in said City of Aicadia and thereupon
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:J.nd tlJereaf-;er the same sh.lll tC!.ke effect and be llm foroe.
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~he foregoing Oriiin.;.nce \7:lS adopted 8.t a l'e["l.'.lar r;eetLlg
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of the Iloarcl of Trustoes of said City of .lrcadia. held on the l[jth
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day of Octoller. 1914, 'ily the !J.:::fil'ID::i.ti ve vote of 11 t le~st fopI'
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OMt"" to-uit, ~
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i:WES: Tru.stees
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and signed und approved this 15th. day of October, 1914.
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Said Iloard of Trustees is regularly composed of five fficrn-
bel'S and C. 6L.. Billing:;: is the President thereof.
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