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In Re <br />Resol. No. 3978 <br />Accepting Grant <br />Deed - M.S.Robinson <br /> (Fire Sta. site) <br /> <br /> Ayes, Trustees W.J.Cheney, Courtney R. Chandler, <br /> John W. Martin Jr., Virgil H. Reed. <br /> Noes, Trustees Allen A. Mandy. <br /> Absent, Trustees None <br /> <br />On motion of Trustee Reed, seconded by Martin and carried, <br /> <br />following Resolution entitled: <br /> <br />"ResolutiOn Accepting Grant Deed" <br /> <br />the <br /> <br />from M. S. Robiuson of Lot~ 32, 3$ and the East 15 feet of Lot <br /> <br />of the Park Tract Addition, said property being located on the <br /> <br />south side of West Second Street between Broadway and Birch <br /> <br />Street, was read, considered, designated Resolution No. 3978 <br /> <br />passed by the following vote: <br /> <br />In Re <br />Ordinance'No. 130~ <br />Providing for <br />issuance of bonds <br />(Fire Station) <br /> <br /> Ayes, Trustees John W. Martin Jr., Virgil H. Reed, <br /> Allen A. Mandy. <br /> Noes, Trustees W.J.Cheney, Courtney R. Chandler. <br /> Absent, Trustees None <br /> <br />On motion of Trustee Reed, seconded by Martin and carried, <br /> <br />following <br /> <br />Ordinance: <br /> "ORDINANCE NO. 1304 <br /> An Ordinance of the City of Santa Ana, <br /> California, providing for the issuance <br /> of bonds of said City in the amount of <br /> $~75,0o0.oo. <br /> <br />the <br /> <br /> ~HEREAS, pursuant to Ordinance No. 1289 of the City of Santa Aha, Orange County, <br />California, a special election was duly and regularly held in said city on the 6th <br />day of June, 1950, at which election there was submitted to the qualified voters of <br />said city the following bond proposition, to-wit: <br /> <br />CITY OF SANTk ANA BOND PROPOSITION. FI.RE DEPARTMENT BONDS. <br /> <br />Shall the City of Santa Ana incur a bonded indebtedness <br />in the principal sum of $475,000.00 for the acGuisition <br />and construction by said City of a certain municipal <br />improvement, to-wit: additions to and improvements of <br />the fire-fighting facilities cf the city of Santa Ana, <br />said additions and improvements to consist of two fire <br />stations, a training station, fire apparatus, and <br />additions to the fire alarm system and the reconstruct- <br />ion of parts of such system, including the acquisition <br />of all land, property, equipment, and furnishings <br />necessary for said improvement? <br /> <br />and <br /> <br /> WHEREAS, said proposition received the affirmative vote and assent of more than <br />two-thirds of all of the qualified voters of said city voting at said election, and <br />said City is now authorized to issue bonds in the amount and for the purpose set <br />forth in said proposition; <br /> <br />NOW, THEREFORE, the Council of the City of Santa Aha DOES ORDAIN as follows: <br /> <br /> Section 1. That bonds of the City of Santa Ana, California, in the principal sum <br />of four hundred seventy-five thousand dollars ($475,000.00) be issued and sold for the <br />purpose set forth in the bond proposition in the recitals hereof. Said bonds shall <br />be designated FIRE DEPARTMENT BOND, ~950, shall be 475 in number, numbered 1 to 475, <br />incluzlve, and shall be of the denomination of $1,000 each. Said bonds shall be <br />dated September 1, 1950, ~nd shall be payable in consecutive numerical order, twenty <br />(20) bonds annually on September 1st of each year from September , 1951 to September <br />1, 1973, both inclusive, and fifteen (15) bonds on September l, 1974. <br /> <br /> Said bonds shall bear interest at a rate or rates to be hereafter fixed by <br />resolution, but not to exceed four per cent ($%) per annum, payable semi annually on <br />the first days of March and September of each year. Said bonds and the interest <br />thereon shall be payable in lawful money of the United States of America at the office <br />of the Treasurer of the City of Santa Ana in the City of Santa Ana, California. <br /> <br /> Section 2. That the executive of said City, to wit, the Mayor and President of <br />the Board of Trustees and Council thereof, and the Treasurer of said City are hereby <br />authorized and directed to sign all of said bonds by their printed, lithographed or <br />engraved facsimile signatures, and the City Clerk of said City is hereby authorized <br />and directed to countersign said bonds and to affix thereto the corporate seal of <br />said City, and the Treasurer of said City is hereby authorized and directe~ to sign <br />the interest coupons of said bonds by his printed, lithg~raphed or engraved facsimile <br />signature, and to number said interest coupons of each of said bonds consecutively. <br /> <br /> Section 3. That said bonds and the coupons for the interest thereon shall be <br />issued in substantially the following form: <br /> <br /> UNITED STATES OF AMERTCA <br /> STATE OF CALTFORNIA <br />CITY OF SANTA ANA <br />FIRE DEP~TNENT BOND, 1950. <br /> <br /> <br />