1923 (#900-1161) - Laserfiche WebLink

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847 October, 1925, the date of f'ling with the Clenk of the c~ty of Santa Aaa the ~treet buperlntendeut's list ~ unpaid assessments, and ~ntil the whole sum of principal and interest is paid. 'l~e interest shall be paid semi-annually by coupons on the 2nd day of January and July respectively, of each Tear after the date of the bonds, provided, that the first payment of interest shall not be until the End day of January, 1925, being six months before the maturity of the first annual series of the bonds. The bonds and interest shall be paid at the office of the Treasurer the city of Santa Aaa, in said cit~, County of Orange, State of California, and upton the presentation of the proper bonds and coupons, out of the redemption fund, and under no circumstances shall said bonds or interest thereon be paid out of any other fund. A redemptiob fund shall be kept by the Treasurer of the city of bant~ An~ designated: Sewer District No. ~l improvement bond redemption fund, in which the Treasurer shall place all sums received from t~ collection of assessments made for t~e pa~ent of the cost of the work and improvement upon which the bonds are ~ss,~ed ~nd the In~erest and pemalties thereon. All of the bonds shall be dated the 15th day of October, 192Z, and shall be numbered consecutively from 1 to lO, both inclusive. Bonds numbered from i to.? inclusive, shall be each in the denomination of ~579.82; bonds numbered from 8 to 10, inclusive, shall be each in the denomination of The form of the bonds shall ~e substantially as provided by Sec. 6 of the Improvement Bond Act of 1915, provided, that the same shallcontaln the appropriate words ~nd figures to make the said bonds and the for~ thereof aopllcable to the denomination, annual series, and purposes for which the bonds are to be issued, aS herein set forth. The bonds shall be signed by the Treasurer and the Clerk of the city of Santa Aaa. 'l~ere shall be attached to each bond interest coupons representing t~e payments of semi annual ~nterest accruing and made payable upon the prlnciapl of the bonds to which they are attached. All of said coupons shall be signed by the Treasurer of the city of Santa Aaa, but the Treasurer's signature may be engraved, printed, or lithographed, on the interest coupons in place of the Treasurer's signature by hand. The interest coupons shall be consecutively numbered from 1 upward on each bond and the interest thereby represented shall be p~id on the 2nd d~y of January and July in each year, cor~mencing with the 2nd day of J~nuary, 1925, provided, that the coupons representing the first payment of interest which shall be. come due the ~nd day of January, 1925, being six months before th~