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ODINANO:l ..:IlL-
AN OBDIBABOB PROVIDIlIG FOR THB. ISSUANCE OF BONDS OF
!HI OITY 0' lAB BJRNARDIBO IN THE AMOUNT OF .110,000.00
POR '!D ACQUISITION AlID CONSTRUCTION BY SAID GIft OJ' CO-
!AI. XUBIeIPAL IKPROv..YXITS CONSISTING OJ' IT~ WORK, THK
COBSt.VO!IO! 0' BBIDGIS. !RB ACQUISITION AID CONSTRUCTIO.
OJ' .l JIUltICIPAL PLAIlT FOR TIll nKING AD KlINTIIANC. OF
stRllts t .dD TO COllSTRUCTION OJ' OROSRALlCS.
Whena. the 1.Jrotaos1t'on to 1ne\11' a beJ14ed indebtedness
.f' said 'I.ty of' san Berna~1n. in the .. o~ tIIO,OOO.oo
]tr1":t.~ sum, with intere.t thereon l1et to .soeed. 'bile rate
of' fGWU:!'and a hal~ lJ_ oeJ.tt per annum, 1ntere.t lNlyablesem1-
annue.J.lY, pr1n81])al and 1nterest pa"able in lawfUl _ney of
the lJn1ted states of Amerioa, tor the .aequ1a:1.ti.onaD4 con-
.tnotion of .ena1n mun:t.o1))al 1mprove.nts 00.18t111l .~
.beet ..k, the .0nA1'Uot1on of bridle. .tu a.q,U181ti.on and
..natruot1on of a munio1pal ~lant ~or the mak1nc aa4'ma1Dte-
",11.e of' streets, and the oenstruot1on of' ........caa t Ute
total estilated .ost of' the same belD, tIIO,.'O.OO, as af'ore-
said , bas been submitted to the qualified Y'-\- of' said
01 ty at a sPeeial .1..'1on held "he"'ter, aDd ...r. than ,....
tlilin.e .~ all the ve'era votine at suoh ~lttOtien have been
in 'ta....r of' and ha...e authorized the i..uafioe of' the ben'-
afoH8814; and.
Whereas, the aoquisition and oonst~,'.1.n .f' said muni-
o11>al i_..evoment. lJ.eninbe-rer. mentiened .......,f.rth is
f'or the ob j eotl anel lJIU"Peeel of' fU1'D1.h1nc to said 01 ty caf'
san ..:mardino, an4 the inhabi tant. tb..:re.~ t better and 8&fer
a114 ..~. permanent :read.ays therein f.r publi. uae and trav-.
e~ noW' there..re:re:
!he Mayor and Common ceuno11 e..r the City of San Bernar-
dino do ordain aa f'oll".:-
Seotion I. That the bends of the City of' ,san Berna:rdino
in the aDlGunt of' One Huncl:red aad !en ne....-( IIG.GOO.OO)
nelle., be isned in aooorclanoe with the previsions of the
Ao' cat the Ler;i.latueef the state of' Califern1a( whioh b_
oame a 1.. under Consti tlltional pro"1.81en .1 thout the GeV-
e&'1'l8Z"8 appreval, '.braarr 25, 19(1) and. ef' all aots or parts
.'t aot8 ..,Dda'.1'V there.~ er supplementa1 thereto, and in
aooe:rdanoo with the oharter of' sa14 01ty and the ordinanoes
'hereof' and. the la.. of the state of' Cali'tornia, said bonds
te be ,.. huDCI.red in number, of the deneminat1en of f'ive
hun41*l aDd. f'1fty dollars eaoh, f'ive bonds. or 'we thousand
.even huI14red and f'1f'tY dollars, t8 be pa1. the first year,
and a like ameunt to be paid eaoh and everr year thereafter
unt11 the whole bas been :paid, said bonds elaall be substan-
tiallY in the f'ell.wine form:
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.,:resentation and surrender of the respeotive and proper
ooupons heretG attaohecl, prinoipal and interest payable in
la~ money of the United Stat88 .'t A:menoa.
~s "'.nd is one of two hundred bends of even date here-
wi thand o.oh fer a 1ik.e amount, and mDlbered o ens eout 1 vely
trGm Gne to two hundred. both numbers inolusi va, and amount-
1nl in the accrepte to One Hundred and Ten flWUSand Dellars.
five of said bend8beinc payable one .ear fro date thereof'
as atresa1cl t and five of said bends beiq payable in lik.e
man"A:!: .acll. and e....1'1 you thereafter en the nrst day ef
Ooteber , until t11e whele .1' said bends twe ~d in number
sha11 havolHten :paid. t the 1a.t paymem beiDl due on the first
daY .1' 00,""1", A.D. 1948.
!h18 bond 1s issaed in yursuanoe ef' the provisions ef'
tu .lot of' the Lecis1ature . of the state of' Oali'tern1a enti-
tled.:" An .let aut~r1.1DC the 1nou.rr1l21 of indebtedness by
.1..., ...., and. -.1oiJ&l oOQorat1ons for :munioipal im-
ltreveaente, and :replati11l the a.quisi tion t oenstruotion,
or .eJD.p1et1en thereof',. whioh beoame a law under oon8ti tutiGn-
al ._neten with"' the Governor'. approval :rebnarJ, 25, I
I9.!, ..aD4 0'1 a11 ao's or paris of' aots amendatory thereo't or
8UJJ'Pl~ turde. It is farther oertified that all re-
quueaent. of law and of the Oharter aDd. ord1nances of the
01. of_ Be:rnarc11ne, have been fIllly oomp11ed with by the
]tH:P8r o'tl1oer. 1n tho issuanoe of this bemt that this 1ssue
er 'bend.8 .... bean aatuZ'ised by the vote &f' tw..thirds of all
the Tet..- Tetinc at the .peaial eleot1on te authorize the
1aauano. of the same t whioh speoial 0180t10n was duly and
relQ1arlyheld in salel Oity en the tenth day 0' June, A.D.
1908, and that the total ameunt of the indebtedness of said
oity 0'1 ... Bernamine, inourred by th:l.s 1ssue of bonds, to-
gether with a11 other indebtedness aotually inourred or au-
t~.~.edto be inour.red4.o. not in the aggrelate exoeed the
sum o't ft7ee Hurdrecl and FiftY !bousand De11&r. t neither dees
it in t1le &.Ilrecate exoeed f'ifteen per oent. of the as.es8ed
valu.e of all the Jlee.J. anel 'Pe~sonal property.f the said Oity
of' san ..mardin., nor d.o. it exoe84,the 1imt presoribed
by ,,_...titatlen ani the laws of the stat. ef California.
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III UtD!! .....'1 t the .a1d Oi ty of San BernaMine has
oaused t111s bondt. be 8icned by the exeoUti ve of the munio-
iya11 t.,.. to 11'1 t by the _y.r, and aJ.so by the Treasurer of
sa14 C1..." aDd t. be oounter.igned by the Clerk. of 8aid O~V'
8.Jl4 the oorporat. .oal 0'1 said Oity te be herete /tIIM"M1:I#f
affixed, and the .u4 Oi ty bas al.. oaused the ooupons hereto
at1;&Oll8&" be siened by the Treasurer of said Oi ty of
San Bernardino.
lIaJ'or of the Oi ty ef san Bernardino.
.
fteasurer o'f tho Oity of san Be;rnarcl1n..
oeunte:uicned by:
Olerk of the 01ty or san Bornardino.
fte interest ooupons shall be substantiallY as follOW.:
*12.375.
on the first of ..................A.D.. IS......tbe 01ty
of san lle~1!O promisos tG pay to thO be81'e1'. at the of-
fioe o'f the """ !rea8\1Jler of t:b.e Oi ty of san Bernardino, in
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sa1(1.01 ty, :l.Il the ste,te o't OaJ.if.rnia, the sum ef TweJ.ve
:o.llars an4 biny- .....en alld one-u1f' ,.nts (.11.3'16), in
lawfUJ. money e't the United states of' .lJI8r;1oa, fer sem1-annual
inte~8t due on.Mnn1.1pal Improvement Bonds. ...............
treasurer of the C1ty sf San Ber-
nard1no.
~Seot1en 2. All the bonds iS8Ued under the ~rov1s1ons of
this o1'tJ..."a~e sbaJ.l be dat.d 88tober 1, 1908, and shall
bea'r 1~" at '1I.e .t. of feu and one-balf' p.r ..nt. per
a1Ul~t pq.~o .-1a_uall1' on the f1rst day of April and 'en
tile 'ftrst eta,. of' O.'ober of ...h year a:rterthe1r issue, prin..
01pal and. 1nterest payable 1n l.awfUl mGney of the 1Jn1ted.
stat.. ef' Jm111'10at at the of'ft.. of' the !:reasu.rer of the City
.f' Ian Be_Nino t 1n the Ita'e .'1 California. !he )layer of
,he CS1t1' at laD Bel'l1&'lfine, beill1 the exeoutive off1oer ef
aa1dIlUl'l101.}Mllity t aIl4 ,be fte.surer of' sa1d 01 ty are hereby
aa'uris" aDd. 41:reoted t. 81en all of said bOMS, and the
Olork of ald. 01t,. 18 hereby authorized t. oeunt8rs1en the
_ aD4 aftiX tb8 oorporate seal theret., as the '.freasurer
of 8&14 01 ty i8 :be:re1Jy cl1Z8Ote4 and author1zed to s1cn the
interest oeu..,.ns e" sud bends, lI'h1oh oouPons sball be number'"
e4 ......t1....1y. luolll be.s may b. i8sued and sold by the
10C1.1at1.. bR1'loll et 8&14 01t,., as they may determine, but
not to~ 1:e.8 ..hall t... par value, and the preoeeds of suoh
b._8 e1Ia11 be >>laoec! in the munioipal treasurr to the credit
.'t t. paper 1nQtr.......nt fund, aDd. .11&11 be a:p.,l1ed flllNl!!
exol1l81ve11' te the purposes and objeots ment10ned in this
oH1aao..
....1.n I. !be 1el181at1v8 branoh ef said 01ty of san
BernaM.1...11 at the time o't fix1nr; the eeneraJ. tax J.evy,
and 1m tM anner fer suoh ceneraJ. tax levY pl'G.v1ded, 1..".
and 081;1.ee" anttl'1llJ.~1'.aoll year until said bends awe paid, or
until thee alIall be a sum in the treanrJ ot sa1d 01 ty, set
apan 't.%' ....tpu,nt.se to meet all sums comine due for :pr1n-
01pal ana. tntere" .n 811oh- bonds, a tax suff1.1ent t. pay the
annUl. inter." an suoh bond.s, and alsG suoh part of the
;pr1no1pal thereof a. _hall be.... due before the time of f'1x-
iDe the,..zt lell8ral tax 1..".. !he taxes here1n required t.
be leviel.i!\BId oo11eoted. shall be 1n add1 t10n te aJ.l ather
taxes 18'9'1. rer munio1pal purpo... t and shaJ.1 be ooll8Oted
at tlle __ t1me and 1n the same manner as ether munio1pal
taxes an ..11...... t an4. be us. 'ter no .ther pur))Gse than
the ~t at ..lei. 'b.nas and aooruinc int.rest.
".'1en 4. Be }tr....... of the sal.e of said bends shall
be PJ.aoed. 1.n a fund te be known as the .Yun101pal ImPrevement
Bend. JIu.D4..
SMtlen 6. The Oity Olerk sbal.l oen1fY t. the passace I
tf t1a18 e:L'd1nanoe and oause it te be :published 't.~ tHo. cen-
...."1.. "'8 exelusive .f ho11dQ'. in the ne ....D1na Index,
a cl.a1J.:r n..paper n1n1;ed and pu'bJ,1shed 1n the 01ty of san
Be..... t u4 shall 18 1nt. ....ot at the end of thirty
da.,.,,~~.he t1M of thef1_J. pas.... ef this o:rd1_BOe and
1t.....ftlby the _1'01' ef said 01 ty, and th8:HupGan and
the:rea~- 1t~. .. 1 take effeot and. be 1!l force.
.Y..,.... tUs .. &1' ot June, 1908
U1>re: L
Bernardine.
Attest t
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I hereby o8ri1f'V ~hat the fer8101Il& erdinance was intreduced
and Mad in ftlll at a recula1' meet1_ of the Mayor and Com-
mon C.uno11 e-e the 01 ty e't San Bernardin., held 8nthe 19th I
day 81' .June, A.D.1908; that it was duly passed and adopted
at men1nc e't &a14 Kayar and C8mmon a.unc11, held
th.... .... ... '.d.Q. ~un.. 8t I9G8.., by the f'ollGW1nc vote:
"Ayes- ..; 'e.. ..J 'eUD01lal\..W~
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veu..c ..,.e;,.. ... apen is pa..ace 8aid ordinance was duly
a)t~......... ,......4Ile..,..1'.r said. 01tly aDd was s1cned b..Y hi. Om en
the~6BJ' of JWl8, A.D"!90~
Olerk of . e C o't San Bernardin.
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