Ord 0362- CALLING A SPECIAL ELECTION IN THE TOWN`x
ORDINANCE N0.
AN ORDINANCE CALLING A SPECIAL ELECTION IN THE
T01%3N OF LOS GATOS FOR THE PURPOSE OF SUBMITTING
TO THE ELECTORS OF SAID TC`,,7N A PROPOSITICN OF
INCURRING BONDED INDEBTEDNESS OF SAID TaUN FOR
THE ACQUISITION, C0NST .UCTION AND COI,'IPLETICN OF
CERTAIN !,,~JNICIP AL I14PRO' EMENTS, DECLARING T~}E
ESTIMATED COST 0-' SAID JJ.UNICI'~AL I1JPROVF"N~ENTS,
THE AiIOUNT OF T?rH' PRIG?CIFAL OF SAID INDEBTEDNESS
TO BE INCURRED THF_=~EF'OR, AND THE IM XI'MUY FATE OF
INTEREST TO BE PAID THE=EON, PROVIDI7G FOR THE
COTSOLIL`ATTCr? OF SAID ELECTION WITH THE GENL'RAL
JNICIPAL ELECTI^;i AND PRCVIDT"va FOR NOTICE 'T 'H F:i~OF.
:`-ROSS-TO TAI T('71Fr:AY
THE TC,N COUNCIL OF THE TOWN OF LCS GA77OS DOES ORDAIN
AS F OLLOir1 S
'4HEP.EAS, the Totian Council of the Tot°an of Los Gatos by
Resolution passed and. adopted at a regular meeting thereof on
the 25th day of January, 1954,b,,,- a two-thirds vote of all of
its members, did determine that the public interest and necessity
demand the acquisition and construction and com-oletion of the
municipal improvements hereinafter mentioned; that the said.
municipal imProver~~ents are necessary a-ncl, convenient to carry out"
the objects, -purposes and powers of the Torn: that the cost of the
-orooosed municipal im?orovenents Tp=ill be too great to be paid out
of the ordinary annual income and revenue of the Torn; anc that
the indebted-ness proposed to be incurred will require an expendi-
ture greater than the amount allowed for it by the annual tax
levy of the tcTv.7n; that said- Resolution t,,,as duly entered. in the
minutes of saA6 meeting and is noiP7 on file any'. of record in the
Office of the Town Clem.
A?C:,', T I'E ORL, IT IS ORDERED AS FOLDMI;
A special municipal election is hereby called and ordered,
and will be held in the ToT1!n of Los Gatos on Tuesaay, the 15th day
of April, 1954, and at which election there shall be submitted to
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the oualified voters of the Town the question of incurring a
bonded. indebtedness by the Town for the objects and. purposes set
forth in the follotaring proposition,
PRQPCSITICNt GRCSS-Tfli~ ~IG"a~i'.
Sha!'. the Town of Los Gatos incur a bonded
indebtedness in the principal amount of
T
in accordance with the provisions of the Ordina.nce
calling the election of which this proposition is
submitted, for the objects ana purposes of acquiring
a.na constructing or completing the following municipal
improvements, to-wit:
The acquisition, construction or completion of
a cross-town hig-hanay and. 'IV-he acquisit-41 on of
lands and easements therefor and by doing such
incidental work as may be necessary to complete
the same?
The estimated cost of the municipal improvements as set
forth in the above proposition is zr)< and
the amount of the principal of the indebtedness proposed "Co be
incurred for the municipal improvements described in the above
proposition is the sum of $ 117 _ j
The Town Council, does hereby subr it to the qualified
voters at the said. special municipal election, this Ordinance
and. the pro:aosi.ticn hereinabove set forth, The Toi?an Council
proposes to issue and sell bonds of the Town in the amount and for
the objects and purposes specified' in the saic'.. proposition if
two-thirds of the cualified electors voting on such proposition
vote for ltd
If t-v.3o-thirds of the qualified electors voting on such
proposition vote in favor thereof, the proposition shah be deemed
The bonds shall be negotiable in form and of the character
known a.s "Serial". and shall bear interest at the rate not ex-
ceeding six per cent (e%) per annum, payable semi-annually,
except that interest for the first year after the da.te of the
bonds me.y be made payable at the end of said yea.ro
The said. special municipal election shall be held and
conducted, and the votes thereof canvassed, and the returns there-
of made, and the results thereof ascertained_ and determined as
herein provided; and in all particulars not prescribed. by this
Ordinance the election shall be conducted. as other municipal
elections.
The said special municipal election is hereby consoli-
dated.vith the general municipal election which ill be held
1,
rii thi n the Towr_ of Los Gatos, on Tuesday, the 13th day of A,, pri
19da, The special municipal election shall be held in the manner
provided for tie general municipal election:, and the precincts,
polling places, and the officers of election, shall be the same
as those set forth in Resolation Designating and. Providing for
the Consolidation of Precincts, Listing Polling Places and
Election Officers and Providing for the Giving of TNtotice, adopted
by the Council on the SAday of > ~G~i~- 1934a
The elections hereby consolidated shall be held in all
respects as if there were only one election and. only one form of
ballot shall be used.
All persons cua.lified to vote at t'ne general municipal
election shall be qualified to vote on the pronosition submitted
at the special municipal election.
Ea1lot s of the form and to the number- movie ed by lat.,7 shall
be provided for the election. On the ballots, in addition to any
other printed matter ia?^:lch mG'~T be required by law, t 0 voting squares
i e
shall be set off } ~o the right of the propositior~ ~ nip „bmit}~ed at the
election, in the manner provided by law, one having the word "YES"
printed before it, the other h<^v ng the ,,?odd "NO printed before it.
•
r
Each voter to vote for the proposition and for incurring
the banded indebtedness shall stamp a cross ;X1 in the blank
space opposite the word "RTES" on the ballot to the right of the
proposition; and to vote against the proposition and against in-
curring the indebtedness shall stamp a cross A) in the blank
space opposite the word ONO" on the ballot to the right of the
proposition.
The polls shall be opened at 7:00, o'clock A. M. of.the
day of the election, and shall be kept open until 7;00 o'clock.,
P.P. of the same day, when the polls shall be closed, except as
to voters in line as provided in Section 5734 of the Elections
Code. This Section is subject to the provisions of law governing
the general municipal election, which will be observed.
This ordinance is adopted pursuant to Article I, compris-
ing Sections 43600 to 43639, inclusive, of Chapter 4, Division 4,
Title 4 of the Government Code of the State of California.
This Ordinance shall be published once a week for two
weeks in "The Los Gatos Daily Times," a. daily newspaper of gener-
al circulation, printed and published less than six days a week in
the town, and such publication shall constitute notice of the
election.
This Ordinance shall be forthrith entered upon the
minutes of the Council in the Ordinance Book of the Town, This
Ordinance, being an ordinance calling and ordering an election,
shall take effect immediately upon its adoption,
PASSED AND ADOPTED AT A REGULAR MEETING OF THE TOUTv COUNCIL
OF THE TOWN OF LOS GATOS held on the /220day of 01"ar;~2 $
19542 by the following vote:
AYES COUNCIL2J1F-! t
J-1 & d-
-4-
0 0U NC i LI,tENT a / Der OV
C OU N;C I I I IIEN
1'o be Subl_shed Idarch. 17 and March 24, 1954