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'; .. \ ' . . .. • <br /> � . ' <br /> ORDINANCE N0. 961 <br /> AN ORDINANCE CALLING A SPECIAL MUNICIPAL BOTdD ELECTIOPd IN <br /> THE CITY OF REDWOOD CITY FOR TI-iE PURPOSE OF SU't3F�iITTIPJG TO <br /> TI-iE ELECTORS OF SAID CITY T��E P�ZEASURES OF Ii�tCURRIIIG n01`1DED <br /> INDEBTEDNESS OF SAID CI'��' FOR THE ACQUZSI�'ION, COTvSTRUCTI0T1 <br /> AND COMPLETION OF THE FOLLOWING AIUNICIPAL IMPROVEt�1ENTS, TO <br /> WIT: (A ) FIVE POINTS TPITERCHANGE; (B) JEFFERSOV AVEI�,'UE IM- <br /> PROVEMENTS; (C ) ALAMEDA DE LAS PULGAS IMPROVEMEI3TS; (D) <br /> MIDDLEFIELD ROAD IT�IPRUVEP'IENiS; (E� BRIDGE AND CULVER Ii��1PF�OVE�- <br /> P�NTS; (F) CORPORATION YARD IMPROVEI��PITS; (G ) CI�V f�A LL IF I� <br /> PROVEMENTS; (H) PARK AND RECREATION FACILITIES; AND (I) MUN- <br /> ICIPAL AUDITORIUM; DECLARING THE ESTIMATED COST OF SAID MUI1- <br /> ICIPAL I:�PROVEMENTS, AND EACH THEREOF, THE AMOUNT OF T�.E <br /> PRINCIPAL OF SAID INDEBTEDNESS TO I3E INCURRED THENEFOR, AI��D <br /> THE MAXIP�IITM RATE OF INTERESi TO F3E PAID T.�REON; I+�.AKI'tiG PRO- <br /> VISION FOR TFiE LEVY AND COLLECTIC?N OF TAXES; FIXIPJG ��iE DATE <br /> OF SAID ELECTI�N, T:-iE MAIv�NER OF HOLDING TIiE SAA'IE, PROVIDI�JG <br /> � <br /> FOR NOTICE THEREOF, AND COIv'SOLIDATING SAID SPECIAL Mt7T�1ICIPAL <br /> BOND ELECTION WITH THE GENERAL MUNICIPAL ELECTION TO �E HELP <br /> ON APRIL 12, 196U. <br /> 4JI-iEREAS, the Caur,cil of the City of Redwood City, <br /> by resolution duly passed and 3dopted by afiirmat�v� vote of <br /> more than two-thl.rds of all of its r;iemaers, did def;err�ine <br /> that the public interest and necessity deriand the acquisition, <br /> construction and completion of the municipal improvements, <br /> and each of them, hereina.fter mentioned, and did further de- <br /> termine the cost of said proposed mun:.cipal improvement�, <br /> and each of them, will be too great to be paid out of �he <br /> 1 <br />