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Resolution No. <br />0 <br />A Resolution of the city of Newport Beach, a municipal <br />corporation of the sixth class, incorporated under the laws of the <br />State of California, by the legislative branch thereof, being the <br />Board of Trustees of said city, determining and declaring that the <br />Public interest and also the public necessity demands the acquisi- <br />tion and construction of a municipal improvement in the city of New - <br />port Beach, to -wit: An electric street lighting system, which shall <br />consist of light poste, lighting fixtures and lamps, wires, cables <br />conduits, switches and all other apparatus and appliances necessary <br />and proper for receiving, transmitting, distributing and using elec- <br />tric energy for street lighting purposes, in order to carry out the <br />objects, purposes and powers of the city of Newport Beach; <br />The cost of which municipal improvement will be too great <br />to be paid out of the ordinary, annual income and revenue of the <br />city of Newport Beach. <br />The Board of Trustees of the city of Newport Beach, a muni- <br />cipal corporation of the sixth class, incorporated under the laws of <br />the State of California, as the legislative branch of said municipal <br />corporation, does resolve, determine and declare as follows: <br />+Section 1- Resolved, that it is hereby determined and ddelar- <br />ed by the Board of Trustees of the city of Newport Beach, as the legle- <br />lative branch of said municipality, that the public interest and also <br />the public necessity of the city of Newport Beach, and of the inhabitants <br />thereof demands the acquisition and construction of a municipal improve- <br />ment in the city of Newport Beach; to -wit: &n electric street lighting <br />system, which shall consist of light poste, lighting fixtures and lamps, <br />wiree,'cablee, conduits, switches and all other apparatue and appliances <br />necessary and proper for receiving, transmitting, distributing and us- <br />ing electric energy for street lighting purposes and to fully carry out <br />the objects and purposes of ea.d municipal imprIvement. <br />ll <br />Section 2- Resolved, that it is hereby determined and declar- <br />ed that the estimated cost of acquiring and constructing said municipal/ <br />improvement,to -wit : -said electric street lighting system is Twenty thou- <br />sand (,$20,000) dollars. <br />-1 <br />