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(O~flcial B~llot). Nos. ProposEd by ReSolutien ~f the common CounCil of the City of ~gene, OregOn, and referred tO the eleetore. Shall the charter Of the City of Eugene, Oregon be amended byxad,iing a' new chapter thereto authorizing and empo ering the Common Council of the city to issue and sell negotiable beads of the city to the emount of Flfty Thousand (50,000) Dollars, or so much thereof as may be necessary, for the purpose of re-constru~tng oertaln sections of the se.~er system of the City and to repeal Section 37, of Chapter 7, of the Charter of the city limiting ~,h~ indebtedness to be created or contracted by the city to Three Thousand (3,000) Do.liars. Vote, Yes or No. (~llow bY ekaet copy of Chart-er ~mendmen~:) CHARTER AM ENDN ~N T. AN ACT to amend the Charter of the City of ~gene, 0~egon, by ~dlng' a new chapter thereto aUthoriZing and ~powerimg the Common Co,moll of the City to' issue and sell negotiable bonds of the City to the ~oun~ of ~lfty ThoUsand (5~,00O) Dollars~or ~o much thereof as m~ be necessary3f~r the purpose ~f r~constructing certain sections ~f th~ewer system of bh~ City, and to repeal Section 37, of Chapter 7, of the C4arter of the City ~lml$1ng the indebtedness to be created contracted by the city t* Three Thousand (3,000) Dollars. Seetiom 1. Tha~ the Co~om Council of the City of ~geme ls hereby authorized and empowered to issue and sell m~getlable bonds of the city ~ She ~oum$ Thous~d D~11ars (50,000) er s~ much ~heree~ as may be ~ecessary for the purpose of r~ooastructl~ cert~lm sections of thesewer syst~ of the City: SeotlOn 2. The bonds hereby authorized shal~ be denominated "Sewer Construction Bonds." They shal~ be a gemera~ obligation of the City of ~g~e, and shall be such fo~ and of such denominations as will, lm the judgment of the Co~om be most likely to conduce to their salability. They ,hail'be m~e due ~d ~ayeble ' In 20, years from the date of their issuance, ~d bear interest at the ~ate