2292ORDINANCE NO. 2292
AN ORDINANCE OF THE CITY OF ANAHEIM,-
CALIFORNIA,
NAHEIM,CALIFORNIA, PROVIDING FOR THE ISSUANCE
OF MUNICIPAL IMPROVEMENT BONDS OF SAID
CITY IN THE AMOUNT OF $2,300,000.
WHEREAS, pursuant to Ordinance No. 1877 of the City
of Anaheim, California, a special municipal election was duly
and regularly held in said city on the 8th day of October,
1963, at which election there was submitted to the qualified
voters of said city the following bond propositions, to wit:
PROPOSITION W - WATERWORKS BOND PROPOSITION:
Shall the City of Anaheim incur a bonded indebted-
ness in the principal amount of $4,900,000 for the
purpose of the acquisition and construction by
said City of a certain municipal improvement, to
wit: water storage reservoirs and access roadways,
filtration plant, telemeter control building and
system, utilities yard and buildings, water wells,
water transmission mains, water distribution lines,
pumping stations, vaults and for the foregoing,
appurtenances and appurtenant works including the
acquisition and improvement of any real property,
easements, rights of way, pipe, pumps, valves,
fittings, meters, machinery, apparatus and other
property necessary therefor?
PROPOSITION E - ELECTRIC BOND PROPOSITION:
Shall the City of Anaheim incur a bonded indebted-
ness in the principal amount of $750,000 for the
acquisition and construction by said City of a
certain municipal improvement, to wit: additions
to, replacements of parts of, and improvements
(not including repairs) of the electric works of
the City of Anaheim including construction of
substations, transmission lines and facilities for
the transmission and distribution of electric
energy and power (including the replacement of
transmission lines and facilities) and including
the acquisition and improvement of a utilities
yard and buildings, and including the acquisition
of any real property necessary therefor, and the
acquisition of easements, rights of way, apparatus,
equipment and other property necessary therefor?
and
PROPOSITION D - STORM DRAIN BOND PROPOSITION:
Shall the City of Anaheim incur a bonded indebted-
ness in the principal amount of $2,500,000 for the
acquisition and construction by said City of a
certain municipal improvement, to wit: storm drains
with appurtenances and appurtenant work including
the acquisition of all real property, easements,
rights of way, apparatus, equipment and other
property necessary therefor?
PROPOSITION S - SEWER BOND PROPOSITION:
Shall the City of Anaheim incur a bonded indebted-
ness in the principal amount of $750,000 for the
purpose of the acquisition and construction by said
city of a certain municipal improvement, to wit:
collecting trunk and sub -trunk sewers including the
acquisition and improvement of all lands, easements,
rights of way, pipe, pumps, equipment, apparatus
and other property necessary therefor?
WHEREAS, each of said propositions received the
affirmative vote and assent of more than two-thirds of all of
the qualified voters of said city voting on said propositions,
and said city has heretofore issued and sold portions of said
bonds in the principal amount of $6,600,000, being $3,900,000
of PROPOSITION W - WATERWORKS BONDS, $450,000 of PROPOSITION
E - ELECTRIC BONDS, $1,500,000 of PROPOSITION D - STORM DRAIN
BONDS and $750,000 of PROPOSITION S - SEWER BONDS, and is now
authorized to issue the balance of said bonds in the amounts
and for the purposes hereinafter set forth; and
WHEREAS, it is necessary and desirable to issue and
sell at this time the balance of said bonds in the amounts
respectively for the respective purposes stated in said
propositions, to wit:
Purposes stated in
Bond Proposition
W - WATERWORKS BONDS
E - ELECTRIC BONDS
D - STORM DRAIN BONDS
S - SEWER BONDS
Total
Amount of bonds to
be issued and sold
$1,000,000
300,000
1,000,000
8
$2,300,000
2.
NOW, THEREFORE, the City Council of the City of
Anaheim, California, DOES ORDAIN as follows:
Section 1. That bonds of the City of Anaheim,
California, in the principal sum of $2,300,000 be issued and
sold for the purposes set forth in the bond propositions in
the recitals hereof. Said bonds shall be designated
MUNICIPAL IMPROVEMENT BONDS,
ELECTION 1963, SERIES B,
shall be all in the denomination of $5,000 each, shall be 460
in number, numbered 1 to 460, inclusive, shall be dated
June 15, 1966, and shall be payable in consecutive numerical
order $115,000 on June 15 in each of the years 1968 to 1987,
both inclusive.
Said bonds shall bear interest at a rate or rates
to be hereafter fixed by resolution, but not to exceed six
per cent (6/) per annum, payable annually the first year and
semiannually thereafter. Said bonds and the interest thereon
shall be payable in lawful money of the United States of
America at the office of the City Treasurer of the City of
Anaheim, California, in said city, or at any fiscal agency
of said city in Los Angeles, California, or San Francisco,
California, or Chicago, Illinois, or New York, New York, at
the option of the holder thereof.
Section 2. That the Mayor and the City Treasurer
of said city are hereby authorized and directed to sign all
of said bonds by their printed, lithographed or engraved
facsimile signatures, and the City Clerk of said city is
hereby authorized and directed to countersign said bonds and
3.
to affix thereto the corporate seal of said city, and the City
Treasurer of said city is hereby authorized and directed to
sign the interest coupons of said bonds by his printed,
lithographed or engraved facsimile signature, and to number
said interest coupons of each of said bonds consecutively.
Section 3. That the proceeds of the sale of said
bonds (except premium, if any, and accrued interest) shall
forthwith be turned over to and placed in the municipal
treasury of the City of Anaheim to the credit of three funds,
as follows: 1,000,000 of the proceeds of the sale of said
bonds shall be placed to the credit of a fund to be known as
"WATERWORKS BONDS, ELECTION 1963, CONSTRUCTION FUND," and shall
be applied exclusively to the acquisition and construction of
the municipal improvement described in Bond Proposition W in
the recitals hereof, except as provided in Section 43628 of
the Government Code; $300,000 of the proceeds of the sale of
said bonds shall be placed to the credit of a fund to be
known as "ELECTRIC BONDS, ELECTION 1963, CONSTRUCTION FUND,"
and shall be applied exclusively to the acquisition and
construction of the municipal improvement described in Bond
Proposition E in the recitals hereof, except as provided in
Section 43628 of the Government Code; and $1,000,000 of the
proceeds of the sale of said bonds shall be placed to the
credit of a fund to be known as "STORM DRAIN BONDS, ELECTION
1963, CONSTRUCTION FUND," and shall be applied exclusively to
the acquisition and construction of the municipal improvement
described in Bond Proposition D in the recitals hereof, except
as provided in Section 43628 of the Government Code.
Section 4. That any premium or accrued interest
received from the sale of said bonds shall forthwith be turned
over to and placed in said treasury in the interest and
redemption fund hereinafter created. That for the purpose of
paying the principal and interest of said bonds, the City
Council of said city shall levy and collect annually a tax
sufficient to pay the interest as it falls due and to consti-
tute a sinking fund for payment of the principal on or before
maturity. Said tax shall be in addition to all other taxes
levied for municipal purposes and shall be levied and
collected as other city taxes and shall forthwith be turned
over and paid into a fund of the city to be known as
"MUNICIPAL IMPROVEMENT BONDS, ELECTION 1963, SERIES B,
INTEREST AND REDEMPTION FUND." Said fund shall be used for no
other purpose than the payment of said bonds and interest
thereon until said bonds and interest are fully paid.
Section 5. That said bonds and the coupons for the
interest thereon shall be issued in substantially the follow-
ing form:
5.
UNITED STATES OF AMERICA
STATE OF CALIFORNIA
CITY OF ANAHEIM
MUNICIPAL IMPROVEMENT BOND,
ELECTION 1963, SERIES B
No.
$5,000
The CITY OF ANAHEIM, a municipal corporation
situated in the County of Orange, State of California,
FOR VALUE RECEIVED, hereby acknowledges its indebted-
ness and promises to pay to the bearer hereof the sum of
FIVE THOUSAND DOLLARS ($5,000) on the fifteenth day of
June, 19 , with interest thereon at the rate of
per annum, interest for the first year payable at the end
of said year and interest thereafter payable semiannually
on the fifteenth days of December and June of each and
every year from the date hereof until this bond is paid,
on presentation and surrender of the respective interest
coupons hereto attached. Both principal and interest are
payable in lawful money of the United States of America
at the office of the City Treasurer of the City of
Anaheim, California, in said city, or at any fiscal agency
of said city in Los Angeles, California, or San Francisco,
California, or Chicago, Illinois, or New York, New York,
at the option of the holder hereof.
This bond is issued by the City of Anaheim under
and in pursuance of and in conformity with the Charter of
said city and the provisions of Article 1, Chapter 4,
Division 4, Title 4 of the Government Code of the State of
California, and acts supplementary thereto, and in pursu-
ance of the laws and Constitution of the State of
California, and is authorized by a vote of more than
two-thirds of all the qualified voters of said City of
Anaheim voting at an election duly and legally called,
held and conducted in said city on the 8th day of October,
1963.
IT IS HEREBY CERTIFIED, RECITED AND DECLARED
that all acts, conditions and things required by law to
exist, happen and be performed precedent to and in the
issuance of this bond have existed, happened and been per-
formed in due time, form and manner as required by law,
and that the amount of this bond, together with all other
indebtedness of said city, does not exceed any debt limit
prescribed by the Charter of said city or the laws or
Constitution of the State of California.
6.
IN WITNESS WHEREOF, said City of Anaheim
has caused this bond to be signed by the Mayor and the
City Treasurer of said city by their facsimile signa-
tures, countersigned by the City Clerk of said city and
sealed with the corporate seal of said city, and the
interest coupons hereto attached to be signed by the
City Treasurer by his facsimile signature, and has caused
this bond to be dated the fifteenth day of June, 1966.
(facsimile signature)
Mayor of the city of Ana eF im, —
California
(facsimile signature)
City —Treasurer of the City of
Anaheim, California
COUNTERSIGNED:
City Clerk of the City of
Anaheim, California
(SEAL)
(COUPON FORM)
On the fifteenth day of
the CITY OF ANAHEIM, ^19
California, will pay to the
bearer, at the office of the
City Treasurer of said city,
in said city, or at any
fiscal agency of said city
in Los Angeles, California,
or San Francisco, California,
or Chicago, Illinois, or New
York, New York, at the option of
the holder hereof, the sum of $
in lawful money of the United
States of America, being the
interest then due on its
Municipal Improvement Bond, No.
Election 1963, Series B,
Dated June 15, 1966
facsimile signature)
City Treasurer of the City of
Anaheim, California
7.
Substantially the following provisions for
registration shall be printed on the reverse side of each
bond:
PROVISIONS FOR REGISTRATION
This bond may be registered in the name of any
person as the registered owner hereof, either as to
principal only or as to both principal and interest,
and, if registered in either of said forms may be
changed to registration in the other of said forms
or discharged from registration.
Each registration, transfer after registration,
change of form of registration, or discharge from
registration of this bond shall be entered by the
City Treasurer in books kept by him for the purpose
and noted by him in the registration blank below.
Registration as to principal only shall not affect
the negotiability by delivery of the coupons per-
taining hereto. Upon registration as to both prin-
cipal and interest, all unmatured coupons pertaining
hereto shall be surrendered to the Treasurer and
may be preserved or cancelled in his discretion.
So long as this bond is registered no transfer
hereof shall be valid for any purpose unless made
by the registered owner and entered and noted as
herein provided, and the principal hereof and any
redemption premium shall be payable only to the
registered owner, or to his order. Interest on
this bond, if registered as to both principal and
interest, shall be payable to the person whose name
appears upon the registry books as the registered
owner hereof at the close of business on the tenth
day preceding the interest payment date, or to his
order. If this bond is registered as to both prin-
cipal and interest and its registration is changed
to registration as to principal only, or if it is
discharged from registration, there shall be
attached hereto coupons representing interest hereon
to become due thereafter to the date of maturity
hereof. In lieu thereof, and upon surrender and
cancellation hereof, the Treasurer in his discretion
may issue in exchange therefor a new bond, with
such coupons attached, identical with this bond,
except for the previous notations on the registra-
tion blank hereon, and except that the signatures
on the new bond shall be those of the persons hold-
ing the offices at the time of affixing such
signatures. The issuance of any such new bond or
new coupons shall be at the expense of the
registered owner.
0
Each discharge hereof from registration shall
be effected by an entry on the registry books, and
a notation in the blank below, that this bond is
payable to bearer, whereupon this bond shall
become an unregistered bearer instrument, negotiable
by delivery as if it had never been registered.
Each request for registration, transfer, change or
discharge must be in form satisfactory to the
Treasurer and must be made in writing, signed by the
registered owner, or by his agent duly authorized
in writing, or by the bearer, as the case may be.
Date of In Whose Name Manner of Signature of
Registration Registered Registration City Treasurer
Section 6. That the City Clerk shall certify to
the passage and adoption of this ordinance by a vote of more
than two-thirds of all the members of the City Council of said
city, and shall cause this ordinance to be published once in
the ANAHEIM BULLETIN, a newspaper of general circulation in
said city.
Section 7. This ordinance shall take effect thirty
(30) days from the date of its passage.
ADOPTED, SIGNED AND APPROVED this R+h day of
June , 1966.
fir'"G�' -/ •yr.'/
Mayor of the City OfNknaheim,
California
ATTEST:
City Clerk of the City of
Anaheim, California
(SEAL)
9•
STATE OF CALIFORNIA
COUNTY OF ORANGE ss.
CITY OF ANAHEIM
I, DENE M. WILLIAMS , City Clerk of
the City of Anaheim ,a orn a, DO HEREBY
CERTIFY that a oregoing or finance was introduced and
read at a ------------ regular meeting of the City
Council dayheld on the 31st day of May , 1966 ,
and thereafter at a --------------- regular meeting of
said City Council duly helff OFF-773— 8th day of June ,
1966 , was reread, duly passed and Mp7ed by said y
Council and signed and approved by the Mayor of said city,
and that said ordinance was passed and adopted by a vote of
more than two-thirds of the members of said City Council,
to wit:
AYES: Councilmen putton_ Peblev. Schutte,
Chandler and Krein
NOES: Councilmen None
ABSENT: Councilmen crone
Ci'ty Merk of Me y o
(SEAL) Anaheim, California
I, DENS M. WILLIAMS, City Clerk of the City of Anaheim,
do hereby certify that the foregoing Ordinance is the original of
Ordinance 1,'o 2292 and was published once in the Anaheim Bulletin
on the 13th day of June, 1966.
City Clerk