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1924 (#1162-1402)
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1924 (#1162-1402)
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Last modified
1/3/2012 12:47:53 PM
Creation date
4/15/2003 4:37:39 PM
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Pre-Charter
Year
1924
Pre-Charter - Doc Type
Resolutions
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passed May 28th, 192Z, for a complete description of <br />work herein mentioned, and to the list of unpaid assessments <br />filed ss above noted, for the assessments unpaid. <br /> <br /> AND WHEREAS, interested persons were notified in <br />the manner required by law to appear ~efore the Board of Trus <br />tees of the said City of Sauts Ana, California, in the Coun- <br />cil Chamber of the City Hall in said city, at the hour of <br />7:30 o'clock P.M. of Monday the 12th day of May, 1924, and <br />show cause why bonds should not be issued upon the security <br />of the unpaid assessments shown ou ssld Street Superlnten- <br /> <br />dentts list, and <br /> <br /> WHEREAS, notice <br />form required by law that <br /> <br />was duly given in the manner and <br />serial bonds to represent unpaid <br /> <br />assessments bearing interest at the rate of six (6) per cent <br />per annum, will be issued hereunder in the manner provided <br />in the "Improvement Bond Act of 1915" the last installment <br />of which bonds shall mature nine (9) years from the 2nd day <br />of July next succeeding Ten (10) months from their date. <br /> <br /> Amd all interested persons having appeared before <br />this Board of Trustees and having been given full opportunity <br />to show cause why bonds should not be issued upon the securi- <br />ty of the unpaid assessments shown in said list, and all ob- <br />Jections presented having been heard and considered. <br /> <br /> NOW BE IT RESOLVED, that the Board of Trustees does <br />hereby find and determine that no cause has been shown why <br />bonds should not be issued upon the security of said unpaid <br />assessments and does hereby overrule all objections thereto, <br />and does hereby direct the issuance of said bonds, and furrY, <br /> <br /> BE IT RESOLVED AS FOLLOWS: That bonds shall be <br />issued upon the security of said unpsid assessments to said <br />amount of Fourteen Thousand, Six Hundred, Seventy-three and <br />03/100 ($14,673.0~) Dollars. <br /> <br /> The said bonds shall be Twenty (20) in number and <br />shall be dated the 12th day of May, 1924, and bear interest <br />at the rate of Six (6) per cent per ann~n, and the denomina- <br />tions of said bonds ~nd the date of the respective maturi- <br /> <br />ties thereof, shall be as follows: <br /> <br /> SERIES BOND NO. AMOUNT DATE OF MATURITY <br /> <br /> E 1 $1000.00 July 2nd, 1925 <br /> E 2 467.30 July 2nd, 1925 <br /> <br /> E 3 1000.00 July 2nd, 1926 <br /> E 4 467.30 July 2nd, 1926 <br /> <br /> E 5 1000.00 July 2nd, 1927 <br /> E 6 467.30 July 2nd, 1927 <br /> <br /> E 7 1000.00 July 2nd, 1928 <br /> E 8 467.30 July 2nd, 1928 <br /> <br /> E 9 1000.00 July 2nd, 1929 <br /> E 10 467.30 July 2nd, 1929 <br /> <br /> E 11 1000.00 July 2nd, 1930 <br /> E 12 467.30 July 2nd, 1930 <br /> <br /> <br />
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