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ProposEJ bY Resolution of the Co~m~on Council of the City of Eugene, Oregon, and referred to the Electors. Shall the Charter of the City of ~gene, Oregon', be amended by adding new chapter thereto authorizing and' ~mpo:~erlng the Co~m~on Council of the city to issue and ~ell negotiable bonds of the city to the ~ount of Thirty Thousand ($~0,000) ~lLars, or so much thereof as m~ be necessary, for the purpose of eom- plo%trig bh~ reconstruction of tha City Hall. in' accord~ee with the plus and Speol, flcatlons on fl~e In the office of She City ~gl~eer ~d to repeal section 57, of Chapter 7, of ~he Charte~ of the city ~lmlt~g ~he ~ndebtedness eonbr~ted bM ~he city to Three Thous~d ($3,000) Yes, ..... , Vo~e, Yes or No. (F,~llow bY exa,~t copy of Charter &mendment.) C H A ~ T E R AN Et; DM EN T. AN ACT to am~hd the Charter of the City of Eugene, Oregon, by ~ddlng a new chapter thereto authorizing and empowering the Co~o~ Co~el~ of the City te issue and sel~ negotiable bonds ef the Cl~y to the ~eunt ef Thirty Thous~d (30,00C Dollars or so much thereof as m~ be necessary for t~e purpose of completing the reconstruction ef the Chty Hal~ in acgordance wi~H plus and specifications file In the office of the City ~g~eer and to repeal SeCtion ~7 of Chapter 7, of the Charter of. the City limiting the indebtedness to be created or contracted bM the city te Three Thousand (5,000) THE 0I'~ 0F ~3~E. ~ ORDAIN A BE IT ~ACT~ BY THE ~~R~ 02 THE CITY 01~ ~G~E 0RB~0N. Section 1. That the Co, on Council e~ the City cf ~geae ls hereby autherX~ ~d ~pe.~ered t~ issue ~d selt neg~tiable beads ef the city to the a- mount of Thirty Theus~d (30,000) Dollars or sc much thereof as may be mecessa~ for the purpose ef co~leting the reconstru.~lon of the City hall; Section 2. The bonds he~$by ~therlzed shall be de~umlnated "City Hall Recomstruo$io~ Nond~.' They shalt be/general obligatiom of the City of ~geme, ~d shaX~ be ~m.s~eh fe~.~d~of suth.dengmimat!o~s.~ will, la th~ JUdgment cf the Ce~cn Council, he most likely to conduce to their salability. TH~ ~hall be m~e due ~d p~able lm ~ years from the d~te ef their issuance, ~d bear interest at the ~ate ef m~t t, exee~ ~ per cent per ~m~, p~b~e