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to exceed 5, 'per cent per ann,nn, payable 'semi-annually. Section S. The Common Council' of the City of Eugene ts hereby authorized to in- elude in its' gen'e~'a~' ~unicipai t'ax levy 'eao,h' y'em'r 'su'ffio'ie'nt' ~'pecfal' l'ev~ to pa~ the interest on the bonds and p~ovide a sinking fund for the payment of them, when due. Sec'ti'on' 4'..' The' c~m:no~ coun'cl'1%f t'hs' c'lt~ 'l~' h'er'eb~ 'au%h'or'ized t% 'issue and sell the said bonds, from time to time, as they may be needed for the purpose herein specified, but before any of them shall be sold, they shall be advertised for sale, by publication of a notice asking for bids therefor to be published in the two daily papers now published in M~gene, OregOn, in at least one issue of such daily papers', two weeks prior to the time of the sale; and they may also give notice cf the'sale of said bonds in such other papers as they deem to be best for the lntgrest cf the city in affecting a's~e; but, if no satisfactory bids for the purchase of the bonds be received, the~May sell them at private sale not less than at par and accrued interest. Secti~n 5, ThaT the money derived from the sa~e of said bon~s sh'all constitute a Special fund denominated "The Sewer Re-construction Fund." and shall be uded for no other purpose than herein provided. Seotlon 6. That section 37, of chapter 7, of the charter of the City of Eugene, Oregon, limit/~ng the indebtedness of the city to Three?.Th.~usand (3,000) Dollars is hereby repealed. -The following resolution was read and on motion unanimously adopted. : R ES 0 B U T.I O N. ~BE IT ~OLVED by the Common Council of the City of Eugene, Oregon, that there be submitted to the electors of the city for their approval or rejection, .at a special eleotlon to be hold ln~the city on~ the 2nd 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 ohapSer thereto authorizing and empovre~lng, the Go~mon Counoll of th~ ClSy ~o Issue and sell negotiable bo~ds of the City to the ~ount of Five Theus~d {S, O00) Dollars, or so much thereof as m~ be necessary/for the purpose o~ coA$~rueting, ~n conSunetlon with h~e County, Oregon, a public co~or$ station to be looated In the park South ~f Eighth Avenue ~d Wes~ of Oak 8~reet in 5he oily, and tO repeal Section 37, of Chapter 7, ')f the Charter of the City l~i$ing the indebtedness to be created or contracted by the olty to Three ThouSand ~3,000) ~llars." The foregoing ~esolutlon and proposed ~endmen$ were filed In the office of the Recorder, of the Olt¥ on the 2nd dayof Nay, 1924;