|
~38
<br />ORDIl`JANCE N0. 9267
<br />An prdinance ordinance or`iering a special election for submission to the legal
<br />voters of the City of Eugene, Lane County, Oregon, at such special election to
<br />be held on the 1st day of Larch, 19l~9, the follov~ring proposed amendments to the
<br />Charter of said City of Eugene, referred to the legal voters of said {;ity by
<br />the Common Council thereof, for their approval or rejection, and designating the
<br />polling; places and the Judges and Clerks for the carrying on of such special
<br />City Election, and declaring an emergency.
<br />THE CITY OF EUG`rA?E DOES, ORDA:IP1 AS FC7L]GOti'VS:
<br />Section 1. That a special City Election shall t~ held iri the City of Eugene, Lane County,
<br />Oreg rn, on the 1st day of I}1a.rch, 1949, at which election the re shall be submitted
<br />to the legal voters of said City, for their approval_ or rejection, the following amendments,
<br />proposed and on file, the titles of which are as follows:
<br />(a) Proposed by Resolution of the Common Council and referred to the Legal Voters:
<br />"AN ACT to amend the Charter of the City of Eu€;ene, Lane County, Qrc;gon, by
<br />adding ~ new L'hapter thereto, authorizing and empowering; said City of Eug-eno,
<br />acting by and through the Eugene Vfater Boarcl, to improve and enlarge its
<br />water and electrical utilities' systems, within and without the said City
<br />by the purct~se, construction and installation of such units, equipment,
<br />transmission facilities, and structures as shall in the ,judgment of ~tkie said
<br />Eugene Vfater Board be deemed expedient, convenient and necessary; to secure
<br />b~T purchase, condemnation or othervrise, withiin and vrithout the said City,
<br />all real estate, rights of way, property, water rights, easements and
<br />licenses necessary or convenient to said improvement and enlargement, and
<br />to purchase, construct and install any and every unit, equipment, structure
<br />and appliance reasonable and necessary therefor; and further authorizing
<br />and empowering said City of Eugene, through its 6o~non Council, to issue
<br />and sell negotiable, gene ral obligation bonds of the said City of ~ gene,
<br />in the stun of X3,000,000.00, or so much thereof as shall be necessary for
<br />the purposes aforesaid, and further authorizing the said Eugene "`~~Tater Board
<br />to expend the proceeds, with any other available funds, in pa;,~nent therefor.
<br />The payment of said bonds shall be additionally secured by a pledging of the
<br />net revenues of the Eugene Y°later Board available for such purpose."
<br />(b) proposed by Resolution of the Common Council and referred to the Iega.l Voters:
<br />"AN ACT to amend t~ Charter of the City of Eugene, Oregon, by adding a new
<br />Chapter thereto, providing and directing that the Commission known as the
<br />"Eugene Mater Board," created by the amendment to the Charter of said City
<br />adopted at a Special City Election held in the City of Eugene on April 18,
<br />1908, acid thereafter composed under and pursuant to Ordinance AIo. 1088 of
<br />said City, passed by the Common Council of said City on the 20th day of
<br />February, 1911, and approved b,y the ltlayor of said City, on the 27th day of
<br />February, 1911, shall hereafter be known and designated as !'Eugene Vfater
<br />& Electric Boar~i~~, retaining and remaining vested vri.th and succeeding to
<br />each and all of the povaers, authorities and duties of said Eugene b'V'ater
<br />Board provided by Charter provision or ordinance of said City."
<br />(c) Proposed by Resolution of the Corrmion Council and referred to the ~-regal Voters:
<br />"AN ACT to amend the Charter of the City of Eugene, Lane County, Oregon, by
<br />adding a new Chapter thereto, authorizinf; and empovering the Eugene Vfater
<br />Board to borrow from any b m k or banks Lander short term loans of less than
<br />one year, and at such rate or rates of interest and terms of repayment as
<br />shall in the judgment of the Eugene vfater Board be deemed expedient, conven-
<br />ient and necessarn~ for the use and benefit of said Eugene Vfater Board in
<br />the conduct and maintenance of the water and electrical utilities of said
<br />City; providing, however, that the total amount of indebtedness of said
<br />Eugene plater Board on said short term loans shall not at any time exceed the
<br />aggregate amount of y~500,000.00, and authorizing the Eugene ti'~ater Board to
<br />secure the pa~~nent thereof by wa,y of pledging or other hypothecation, as
<br />collateral for any such loan or loans, such assets of the said City under
<br />the control of the Euge ne ~1Jater Board as may be available tt~e refer, and as
<br />the said Eugene ~~7ater Board shall deem it expedient, convenient and necessary."
<br />Section 2. That the said proposed amendments: to the Charter of s<~id City of Eugene shall
<br />be placed upon the official ballot by the City Recorder to be voted upon by the legal voters
<br />of said City at said election.
<br />1
<br />1
<br />1
<br />
<br />
|