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Section 2: The bonds hereby authorized :~hall be denominated "Sewer B~nds 1926". They shall be~general obligation of the City of Eugene, an,! shal~ be in such fo~'m and of such deno~ninatDa.~s as will, in the .J~dgment of the Common Council, bp most likely to ,~oaduce to their salabili'ty. They shal~ be ma,ie du~) and payable in thi~'ty years from the dat~ of their issuan.~e, and bear interest at a rate of not to exceed five per cent per annum, payable se~ui~annually. Section ~: The Co~on Council of the City of Eugene, is hereby authori~e~i t,) include i~ it~ general municipal t~ levy ~ach yea~ ~uffielent special levy to pay the interest on the b~nds an~t p~ovide a sinking fund for the payment of them when due. Sectl,~n ~$: The Common Coun,~ll oF the City is hereby authorized to issue and .sell the said bonds, From 'time to t ~ime ~ they may be needed fo~ the purpese~ herein sp~lFled, b~t beF~re ~y oF them shall be sold they shall be ~lvertlsed For sale by publication of a ~otlee ~klng for bids th,erefo~ to be ~o~bllshed In the t'~e daily papers now p,~bll~he~ l~ Eugene, 0~e~0n, l~ at least ~ne issue ,~F such daily papers, two weeks p~lor to the t~e ef sale; and 'they may also give aotlce oF the sale of said b,~ds la such other papers as they deem to be f,~r the best~interest of the City In efFecting a sale; but if no satisFact,~ry bi!s for t.he purchase of the bo~_ls be received, they may sell the~ at private sale at not less than at par and accrued interest. - Section That the money derived from the sa~e of ?aid bonds shall con- stltute a special fund .lenomlnat~d "Sewer 2u~d 1926" and shall be used for no other purpose than herel.~ provide,i. Section 6: The indebtedness authorized by this amendment to the Charter of the City of ~gene is in ~idition to all other indebtedness authorized and cuffed by the City .of .~gene, and shall n:~t be considered as affected by any limit- ation of indebtedness la the Charter of the City or elsewhere. Stub to be t,~rn ,~fF by the St,~b to be torn off by the Chairman. ~'irst Clerk. 02FICIAL BALLOT CHART Et~ A~ EN DM EN T. ProPost~l by Re~olution of the Common Council of the clty of h~gene, OregOn, and Referred to the Electors; Sk~El~ BONDS 1926: Shall the Charter of the City of Eugene, 0regCn, be amended, auth,)rlzing and empowering the Common Council to lssue and sell negotiable bonds of the City in the amouat of One hundred sixty five Thousand dollars, or so