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2/27/2014 1:45:17 PM
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2/20/2014 6:50:07 PM
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General Documents
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jshook
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Ordinances
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4nd the estimated cent of municipal improvements ccncisting <br />of the acquisition ,_nd construction of the sewer system herein to <br />fere set out is Sixty-thr-h Thousand Dollars. <br />or, <br />cction 2. That the total cost of said municipal improve- <br />ments, consisting of the acquisition and construction of s-iid <br />sewer system as afcreszid is Sixty-throle Thousand Dollars. <br />Section 3. That the aggrQgate estimated cost of o,id <br />prcposod runicipal unproven,,-.nts as herein before set forth, to- <br />kether with ;all existing indebtedness of the said city of Colter; <br />d( -)o n c t exceed / 5�'° ° '� and does not exceed 15°-) of <br />th--,/, " slue of the real and personal property of the., said <br />City of Colton. <br />Section 4. That the objects and purposes for which said <br />bcnded indebtedness is proposed to be incurred is for the payrnertt <br />cf the cost of the acquisition and ccnstruction of said municipal <br />ir.provements herein.4.before set forth and 'escribed. And it <br />is hereby deternined anddeclared that he purpose and intention <br />Of the Foird of Trustees of the City of Colton to take pro- <br />ceedings for the acquisition and construction by the said city <br />c,f Colton of thn said municipal in:proveuents , at the cost and <br />fcr the sum of Sixty-threo ihcusand Dollars. <br />Section 5. That the cost of the acquisition and ccnstrudt- <br />ion of said municipal improvnrr;entry will be too great to be paid <br />cut of the ordinary annual incorip and revenue of said municipal- <br />ity. That thin ac ;uisition and co^struction of said munic- <br />ipal imprcvemente herein before sct forth is neoess;ary -.nd ccn-- <br />venient ( swerally and collectively) to carry cut �G- e objects <br />and purposes of the municipality of the city of ColtcA. <br />Section 6. That if the proposition to incur said indel:ted- <br />ness cf the city of Colton shall be a!thcrized by the quall`fied <br />
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