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ORDINANCE NO. 149 <br /> (New Series). <br /> <br /> AN ORDINANCE PROVIDING FOR THE ISSUANCE OF <br />BOND8 OF THE OIT¥ OF RIVERSIDE FOR THE AMOUNT OF <br />$1,160,000.00; FOR THE LEVYING OF AN A}~NUAL TAX TO PAY <br />THE PRINCIPAL AND INTEREST OF SAID BONDS: AND ESTABLISHING <br /> <br /> WHEREAS, the Common Council of the City of <br />Riverside at its meeting held December 5, 1912, duly <br />p~ssed and adopted a resolution determining: <br /> <br /> First:- That the public interest and necessity <br />demand the acquisition and construction by the said City <br />of Riverside of a certain revenue-producing municipal <br />improvement, to-wit, the acquisition Mud construction of a <br />municipal water works systeg, for the purpose of supplying <br />said city and the inhabitants ~hereof with domestic and <br />irrigating water; said contemplated municipal wateN works <br />system to consist of the present domestic water system of <br />the Riverside Water Company, a corpoxation; the domestic <br />and irrigating water system of the Riverside A~tesia <br />Water Company, a corporation; the domestic water system <br />of one H. P. Xyes, and the combination, extension and <br />betterment of ~A~ said systems substantially in accord- <br />ance with the report of Mess~s. Burns & McDonnell, Con- <br />sultiug Engineers, filed in the office of the Oity Clerk <br />of said City on October 8, 1912. <br /> <br /> That the estimated cost of said municipal <br />improvement is the su~n of $1,160,000.O0 to be expended as <br />follows: $575,000.00 to purchase the said domestic water <br />system of the-Riverside Water Company; $195,000.OO to pur- <br />chase the said domestic ~nd irrigating w~ter system of <br />the Riverside Artesia Water Company$ $15,000.00 to put- <br /> <br /> <br />