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` <br />` <br />WHJM:KIJ:SSD:rd 3/16/62 10c <br />F <br />s <br />ORDINANCE NO, 651 ' <br />AN ORDINANCE CALLING A SPECIAL ELECTION IN THE TOWN OF <br />i <br />LOS GATOS FOR _ mIM PURPOSE OF SUBMITTING TO THE ELECTORS <br />OF SAID TOWN THREE PROPOSITIONS OF INCURRING BONDED. <br />INDEBTEDNESSES OF SAID TOWN FOR THE ACQUISITION, CON- <br />STRUCTION AND COMPLETION OF CERTAIN MUNICIPAL IMPROVE- <br />MENTS CONSTITUTING A CITY PLAN,.AND THE ACQUISITION, <br />CONSTRUCTION AND COMPLETION OF CERTAIN OTHER MUNICIPAL <br />IMPROVEMENTS; DECLARING THE ESTIMATED COSTS OF EACH OF <br />6i <br />SAID IMPROVEMENTS, THE AMOUNTS OF THE PRINCIPAL OF EACH <br />OF SAID INDEBTEDNESSES TO BE INCURRED TF=1. FOR., : AND THE <br />MAXIMUM RATE OF INTEREST TO BE PAID THEREON; FIXING THE <br />DATE OF SAID ELECTION, THE MANNER OF HOLDING THE SAME <br />AND PROVIDING FOR NOTICE THEREOF. <br />i! <br />The Council of the Town of Los Gatos does ordain as <br />k <br />follows: <br />WHEREAS, the Planning. Commission of the Town of Los Gatos <br /> ,I <br />by Resolution duly adopted at a meeting of said Commission held <br />on March 7,`1962, approved a group of municipal improvements as <br />constituting a city plan; <br />WHEREAS, a copy of said Resolution of the Planning Com- <br />mission of the Town of Los Gatos, duly certified by the Secre- <br />tary thereof, has been transmitted to and received by the Council: <br />of the Town of Los Gatos and is now on file and of record in the <br />' <br />office of the Clerk of said Town; <br />WHEREAS, the Council of the Town of Los Gatos at a regular's <br />ap- <br />meeting thereof duly held on the 5th day of March, 1962, <br />proved said group of municipal improvements as constituting a <br />1i <br />city plan; <br /> <br />WHEREAS, the Council of the Town of Los Gatos by Reso- <br />lution No. 1962-3,7 passed and adopted at a meeting of said <br />Council on March 12, 1962, by the affirmative vote of more than <br />s, <br />two thirds of all of its members, did determine that the public <br />interest and necessity demanded the acquisition, construction <br />s, <br />, <br />and completion of the municipal improvements as constituting a <br />