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the interest of the city ia effecting a sale; but, If no ,~atlsfactory bids for the purchase of the bonds be received, they may sell them at.private sale at not less than at p.ar and accrued interest. Section 5. Thc. the money derived from the sale of said bonds shall constitute a special fund d.enominated "The Tire ApRaratus Fund" and shall be used ~or no other purpose ~than herein provided. Section 6. That section 37, of chapter 7, of the Charter of the City ,of Eugene, Oregon, limiting the indebtedness of the city to Three Tho,~and (3,000) Dollars is hereby repealed. The following resolution was re~l, and on motion unanimously adopted; R ES 0 LU T I O N. BE IT RESOLVED. by the Common Council of the City' of EUgene, Oregon, that there be be submitted to the electors of the city for their approval or rejection, at special election to be held in the city on the 2ad'day of July, '1924, the annexed proposed charter amendment entitled, "An Act to amend the Charter of the City of Eugene, Oregon, by adding a new chapter thereto e~Athorlzlng and empowering the Common Council of the City to l~ue and sell negotiable bonds of the. Glty to the fifty . amount of :YJx~mx;~m~ Thousand ~$J]5,000) Dollars~or so much thereo~ as mav be nec- essary2 for. the purpose of ~e-constructing certaln sections of the sewer system~ of the City, and to repeal Section ~7, of Chapter 7, of the Charter of the City limit- lng the indebtedness to be created or contracted by the city to Three Thousm~d (3,000) Dollars. ~ The foregoing resolution and proposed amen~nent were filed in the office of the Recorder of the Oit¥ on the 2~d day of The following are the forms'~d n~bers In which the question will be submitb~ to ~he e~eOto~s of the clty on the official ballot~ Proposed bM Resolution of the Cremora Council of tH~ Glty of ~gene, Oregon, and referred ge the Shall the charter of the City of EUgerfe, O~egon, be amended by adding a new chapter thereto ~thorlzlng sad empo~o~t'ff~ ~fe~c,~mmom Council of the city to issue and Sell negotiable bonds of %he olt~ ~* th~~ ~oum~ of Fifty Thous~d (50,000) ~ll~ or ~o m~h thereof a~ m~ b~ neOessa~, fo~ th~ purpose of r~constructlmg certain sootlgm~of the s~r sy0t~ of the 01ty ~d to repeal Section ~7, of Chapter 7, of the O~arte~~ of th, elt~ llmltlng ~d lndebtednes, to be created or contracted by the Vote Yes or No.