ORD 0203 - Laserfiche WebLink

(f) Each voter to vote for said proposition hereby submitted and for incurring said bonded indebtedness set forth in said proposition shall stamp a cross (X) in the blank space opposite the word "YES" on the ballot to the right of said proposition, and to vote against said propo- sition, and against incurring said indebtedness shall stamp a cross (X) in the blank space opposite the word "NO" on the ballot to the right of said proposition. On absent voter's ballots the cross (X) my be marked with pen or pencil. (g) The returns of said election shall be made out and signed by the election officers and shall be by them deposited with the City Clerk, together with the ballots cast at said election; and this City Council shall meet at its usual meeting place and canvass said returns on Tuesday, the 9th day of March, 1948, (being the first Tuesday after said election) at the hour of 8 P.M., and declare the result of said election. Section 5. Said City Council proposes to issue and sell bonds of said Town of Pleasanton in the amount and for the object and purpose specified in said proposition if two-thirds of the qualified electors voting on such proposition at said special election shall vote in favor of said proposition. Said bonds shall be negotiable in form and of the character known as serial, and shall bear interest at a rate not exceeding five (5) per cent. per annum, payable semi-annually; provided that said bonds may be issued and sold as the City Council may determine, and either at a premium or on the basis of the lowest net interest cost to said Town, but in no event for less than the par value and accrued interest to date of delivery. Pro- vision is hereby made for the payment of the principal of and