2574ORDINANCE NO. 2574
AN ORDINANCE OF THE CITY OF ANAHEIM,
CALIFORNIA, ORDERING, CALLING, PRO-
VIDING FOR AND GIVING NOTICE OF A
SPECIAL ELECTION TO BE HELD IN SAID
CITY ON NOVEMBER 5, 1968, FOR THE
PURPOSE OF SUBMITTING TO THE QUALI-
FIED VOTERS OF SAID CITY A PROPOSI-
TION TO AUTHORIZE THE ISSUANCE OF
WATER REVENUE BONDS AND CONSOLIDATING
SAID ELECTION WITH A STATEWIDE GENERAL
ELECTION TO BE HELD ON SAID DATE.
WHEREAS, the Charter of the City, in Section 1210
thereof provides as follows:
"Bonds which are payable only out of such
revenues as may be specified in such bonds may
be issued when the City Council by ordinance
shall have established a procedure for the
issuance of such bonds. Such bonds, payable only
out of revenues, shall not constitute an in-
debtedness or general obligation of the City.
No such bonds payable out of revenues shall be
issued without the assent of a majority of the
voters voting upon the proposition for issuing the
same at an election at which such proposition
shall have been duly submitted to the qualified
electors of the City.
"It shall be competent
tracts and covenants f
of any such bonds paya'
which shall not consti
of the City for the es
funds, for the maintai
charges, for restricts
ness payable out of th
for restrictions upon
and other appropriate
any such special fund
and/or interest on any
assure the application
pose shall not be exile
whntever except for th
f -or the uity to maze tan-
g the benefit of the holders
)le only from revenues and
;ute a general obligation
;ablishment of a fund or
ling of adequate rates or
>ns upon further indebted -
same fund or revenues,
;ransfer out of such fund,
.ovenants. Money placed in
.or the payment of principal
issue of such bonds or to
thereof to a specific pur-
zded for any other purpose
purpose for which such
special fund was established and snail oe aeemeu
segregated from all other funds of the City and
reserved exclusively for the purpose for which
such special fund was established until the pur-
pose of its establishment shall have been fully
accomplished."
NOW, THEREFORE, the City Council of the City of
Anaheim, California, DOES ORDAIN as follows:
Section 1. That a special election be held and
the sameis hereby called to be held in said city on
November 5, 1968, for the purpose of submitting to the
qualified voters of said city pursuant to said Charter
Section 1210, quoted in the recitals hereof, the proposi-
tion hereinafter set forth of issuing water revenue bonds
of said city, in the principal amount stated in the ballot
proposition hereinafter set forth and for the object and
purpose set forth in said ballot proposition.
Section 2. That the estimated cost of the acquisi-
tion, construction and financing described in said ballot pro-
position is the sum of $2,000,000. The estimated cost in-
cludes all engineering, inspection, legal or other fees
incidental to or connected with the authorization, issuance
and sale of the bonds, and the costs of printing the bonds
and other costs and expenses incidental to or connected with
the authorization, issuance and sale of the bonds.
Section 3. That the maximum rate of interest
to be paid on said indebtedness shall not exceed six per
cent (6%) per annum, the actual rate or rates of interest
on said bonds to be determined at or prior to the time of
the sale or sales thereof. Said interest shall be payable
semiannually except that interest for the first year may
be made payable at the end of said year.
Section 4. That the manner of holding said elec-
tion (including, without limitation, the time when the polls
2.
shall remain open) shall be the manner provided in the
County of Orange by or pursuant to law for the holding of
the statewide general election to be held in said county
on November 5, 1968, and the procedure for voting for or
against said proposition and for counting said votes shall
be the procedure provided by or pursuant to law in said
county for voting upon measures at said statewide general
election.
Section 5. That on the ballots to be used at
said special election, in addition to any other matters
required by law, there shall be printed substantially the
following:
PROPOSITION (WATER
REVENUE BONDS): To acquire, YES
construct and finance additions
to and improvements of the works
of the City for supplying the
City and its inhabitants with
water, shall the City of Anaheim :
issue water revenue bonds in the : :
principal amount of two million NO -
dollars? '
Section 6. That, if the proposition so submitted
receives the requisite number of votes, to wit, a majority
of the votes of the qualified electors voting on such
proposition, water revenue bonds of said city, in not ex-.
ceeding the principal amount stated in such proposition,
may be issued and sold for the object and purpose set forth
in such proposition pursuantto said Section 1210 of the
Charter of the City and pursuant to an ordinance which
shall establish a procedure for the issuance of such bonds.
3•
Section 7. That the special election hereby
called for the date hereinbefore specified shall be and
is hereby ordered consolidated with the statewide
general election to be held on said date, and within
said city the precincts, polling places and officers of
election for the special municipal election hereby
called shall be the same as those provided for said
statewide general election. The Board of Supervisors
of Orange County is hereby requested to order the con-
solidation of the special municipal election hereby
called with said statewide general election, and said
Board of Supervisors is hereby authorized to canvass
the returns of said special municipal election, and said
elections shall be held in all respects as if there were
only one election, and only one form of ballot, namely,
the ballots used at said statewide election, shall be
used. Said Board of Supervisors shall certify the results
of the canvass of the returns of said special municipal
election to the City Council of said city which shall
thereafter declare the results thereof. A proposition
submitted by this ordinance shall be designated on the
ballot by a letter printed on the left margin of the
square containing the description of the measure, as pro-
vided in Section 10231 of the Elections Code.
Section 8. That except as otherwise provided
in this ordinance, the election called hereby shall be
conducted as provided by law for other municipal elections
in said city.
Section 9. That the City Clerk shall cause
this ordinance to be published, within 15 days after
�
its adoption, $ in The Bulletin, a
newspaper published at least six days a week in the City.
The City Clerk shall also publish the notice entitled
"Measure To Be Voted On" in substantially the form and
manner set forth in Elections Code Section 22835 once a
week for 2 successive weeks. In such notice the synopsis
of the measure to be voted on shall be the ballot proposi-
tion hereinbefore set forth.
Section 10. This ordinance shall take effect
upon its passage.
ADOPTED, SIGNED AND APPROVED this 10th day of
September , 1968.
Z111sol/ W' ,
ex
Ma or of he ity of ;;O�
Anaheim, California.
ATTEST:
of he y
t Ci of
Ci Clerk
Anaheim, California.
(SEAL)
5.
STATE OF CALIFORNIA
COUNTY OF ORANGE ss.
CITY OF ANAHEIM
I, DENE M. WILLIAMS , City Clerk of
the City of Anaheim , a rn oa, DO HEREBY
CERTIFY that a foregoing or finance was introduced and
read at a - - - - - - regular meeting of the City
Council dummy a =e r
on3d day of,� 19 68,
and thereafter at a _ _ - _ regular ee ng of
said City Council duly a on a 10th day of Tl_bgr ,
19E8._, was reread, duly passed and adopted by said -City
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:
(SEAL)
AYES:
NOES:
ABSENT:
I, DENE
do hereby certify
No. 2574 and was
Anaheim Bulletin.
Councilmen 1134tto Schutte. Clark and
Pebley
Councilmen lion
Councilmen Krein
City Clerk or tne Ulty o
Anaheim, California.
M. WILLIAMS, City Clerk of the City of Anaheim
that the foregoing is the original Ordinance
published the 16th day of September, 19685 in the
6.
City Clerk