1924 (#1162-1402) - Laserfiche WebLink

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the "Improvement Bond Act of 1915" the last installment of which bonds shall mature nine (9) years from the 2nd day of July next succeeding ten (10) months from their date. And all interested persons having appeared before the Board of Trustees and having been given full opportunity to show cause why bonds should not be issued upon the securi- ty of the unpaid assessments shown in said list, and all ob- Jections presented having been heard and considered, NOW BE IT RESOLVED, that the Board of Trustees does hereby find and determine that no cause has been shown ~hy bonds should not be issued upon the security of said unpaid assessments end does hereby overrule all objections thereto, and does hereby direct the isluance of said bonds, and further, BE IT RESOLVED AS FOLLOWS: That bonds shall be issued upon the security of said unpaid assessments to said amount of One Thousand, hi2ht Hundred and Forty-five a~d 00/100 ($1,84§.00) Dollars. The said bonds shall be Ten in number and shall be dated the 19th day of May, 1924, and bear interest at the rate of Six (6) per cent per annum, and the denominations of said bonds and the date of sha~l be ss follows: the res~ctive maturities thereof, SERIES BOND NO. AMQ~NT DATE CF MATURITY G 1 $184.50 July 2nd, 1925 O 2 184.50 July 2nd, 1926. G 3 184.50 July 2nd, 1927 G 4 184.50 July 2nd, 1928 G 5 184.50 July 2nd, 1929 G 6 184.50 July 2nd, 1930 G 7 184.50 July 2nd, 1931 G 8 184.50 July 2nd, 1932 G 9 184.50 July 2nd, 1933 G 10 184.50 July 2nd, 1934 Total $1,845.00 The first coupon of interest shall be for interest from the 13th day of May, 1924, to January 2nd, 1925, and the several coupons thereafter shall each be for the semi- annual interest, and BE IT FURTHER RESOLVE~, that the signature of the Treasurer of the said city upon the coupons attached to the said bonds shall be lithographed or printed signature in place of the signature by hand, and BE IT ALSO FURTHER RESOLVED, that the City Clerk of the said city of Santa Ana, be, and he is hereby authorized and directed to deliver forthwith ~he bonds her~inabove enum- erated to the contractors, in satisfaction of the balance due upon the assessment and warrant. I hereby certify that the foregoing Resolution was duly and regularly passed by the Board of Trustees of the City of Santa Aha st a regular~meeting of th~ said Board of Trustees held on the 19th day of May, 1924, by the following