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1 <br />• 2 <br />• 3 <br />4 <br />• <br />• <br />• <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />28 <br />29 <br />30 <br />31 <br />32 <br />M?lf <br />RESOLUTION NO. 149 <br />A RESLOUTION OF THE CITY OF NEWPORT BEACH BY THE LEGISLATIVE BRANCH THEREOF, <br />TO -WIT, THE BOARD OF TRUSTEES, PROVIDING FOR THE ISSUANCE AND SALE OF THE <br />BONDS OF SAID CITY IN THE SUM OF $80,000.00, FOR THE COMPLETION OF THE <br />MUNICIPAL WATER WORKS, CITY OF NEWPORT BEACH. <br />PRESCRIBING THE FORM OF SUCH BONDS, FIXING THE RATE OF INTEREST TO BE PAID <br />THEREON, THE DATE AND PLACE OF PAYMENT OF SAID BONDS, PRINCIPAL AND INTEREST, <br />ANT FURTHER PROVIDING A SINKING FUND FOR THE PAYMEir'T AND REDEMPTION OF THE <br />BONDS,PRINCIPAL AND INTEREST. <br />Whereas, by Ordinance No. 188 of the City of Newport Beach, a special <br />election was called to beheld at and within said city onnthe 7th day of <br />November, 1921, for the purpose of submitting to the qualified voters of the <br />City of Newport Beach the proposition of incurying a debt and issuing the <br />bonds of the City of Newport Beach in the sum of $80,000.00, forrthe purpose <br />of the completion.of the municipal water works of the city of Newport Beach, <br />and <br />WHEREAS, said wpef6 ial election so °called was, on the 7th day of November, <br />1921, duly held in all respects fairly and legally and inaccordance with law <br />and the provisions of said Ordinance No. 188, and <br />WHEREAS, at said s pecial election there was submitted to the qualified <br />voters of the City of Newport Be ach the proposition of the issuance and sale <br />of said bonds in the sum of $80,000.00 for the completion of the municipal <br />water works of the City of Newport Beach, and <br />WHEREAS, by a canvas of the return of said special election, which canvas <br />thereof was made and had by the Board of Trustees of the City of Newport <br />Beach at a regular meeting thereof held on the 14th day of November, 1921, it <br />appeared to and was by said Board of Trustees found, established and entered <br />of record in the minutes of said meeting that at said special election the <br />votes of more than two - thirds of all the voters voting thereat were voted <br />YES and in favor of the proposition of incurring debt and issuing the bonds <br />of the City of Newport Beach in the sum of $80,000.00 for the purpose of the <br />completion of the municipal water work -d of said City. The votes at said <br />sp cial election being voted and cast, as follows: <br />-1- <br />