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1920 (#639-682)
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1920 (#639-682)
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1/3/2012 12:47:07 PM
Creation date
4/14/2003 1:44:44 PM
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Pre-Charter
Year
1920
Pre-Charter - Doc Type
Resolutions
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, 232 <br /> <br /> 50 bonds, 25 bonds in the denomination of $1000.00 and 25 <br /> bonds in the denomination of $600.00. <br /> <br /> (~j) For the construction of concrete and steel constructed <br /> o~lverte under arid across Second, Third and Fourth <br /> Streets, public streets in the city of Santa~Az~a, in the <br /> sum of $5000.00 and to be represented 0y 25 bonds each <br /> in the denomination of $200.00. <br /> <br /> Whereas, by the terms and provisions of said Resolution <br /> <br />No. 661 all of said bonds are dated the l~t day of September, 1920 <br />and 1/25 of the principal sum voted and to be expended for each of <br />the separate purposes is to be paid each year- after and commencXng <br />with the let day of. September, 1921, constituting twenty-five equal <br />payments of $~,360,00 upon the aggregate principal of $234,000.00 <br />voted ~:~tO be expended forall of said purposes. <br /> <br /> Whereas, by the terms and provisions of said Resolution No. <br /> <br />661 the form of aaidbonda and interest coupons to be attached'there- <br />to is set forth and certain funds established in the municipal <br />treasury of the city of Santa And for the deposit of money ~aised for <br />the sale of any and all of said bonds, and <br /> <br /> Whereas, by the terms and provisions of said Resolution No~ <br /> <br />661 it is required that certain notices be given tc the Treasurer <br /> <br />and state BOard of Control of the State of California, at the <br /> <br /> and certain advertisement made inviting bids for <br /> <br />capitol thereof, <br />said bonds, and <br /> <br /> Whereas, <br /> <br /> the requirements of said Resolution No. 661 concern- <br /> ing the giving of said notice and advertisement have been fully com- <br /> plied.with: <br /> <br /> Now Therefore, the Board of Trustees of the city of Santa Aha <br /> hereby resolve and determine as follows: <br /> <br /> Section 1. Not withstanding the terms and provisions of any <br />Ordinance or Resolution of the city of Santa And heretofore passed, <br />adopted, or approved, concerning the issuance and sale of the <br />m~nioipal bonds of said city, authorized at the special election held <br />on ~he 2Oth day of July, 1920, the Board of Trustees of the City of <br />Santa And, determine to issue ~nd sali to the highest bidder for cash, <br />its municipal bonds in the aggregat~ principal sum of $234,000.00 <br />without further notice or advertisement, but for not less than their <br />par value and all interest accrued at the date of the delivery of <br />said bonde~ <br /> <br /> The principal of the indebtedness of $234,000.00 shall be <br />represented by 250 bonds of the city of Santa And, 225 of said bonds <br />being in the denomination of $1000.O0, numbered consecutively from <br />1 to 225, both inclusive, and 25 of said bonds in the denomination <br />of $360.00 and numbered from 226 to 250, both inclusive. All of said <br />bonds shall be dated the let day of September, 1920, and on the <br /> <br /> bonds, being Bonds Nos. 1 to <br /> of <br /> September, <br /> 1921, <br /> nine <br /> of <br /> said <br /> <br />both inclusive, each in the denomination of $1000.00, and Bond No. 226 <br />in the denomination of $~60.O0 shall be paid, and annually thereafter <br />on the let day of September nine additional of said bonds, in the de- <br />nomination of $1000.00 and in successive numerical order, and one of <br /> <br /> <br />
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