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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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Reference is hereby made to Resolution of Intention <br />No. 1189 of the Board of Trustees of ~he City of Santa Aha, <br />passed the llth day of February, 1924, for a complete des- <br />cription of the work herein mentioned, and to the llst of <br />unpaid assessments filed ~s above noted, for the assessments <br />unpaid. <br /> <br /> AND WHEREAS, interested persons were notifed in the <br />manner required by law to aD,ear before the Board of Trustees <br />of the maid C~y of Santa ~na, California, in the Council Cham- <br />ber of the City Hall of said City, at the hour of V:30 o'clock <br />P.M. of Monday, the 6th day of October, 1924, and show cause <br />why bonds should not be issued upon the security of the unpaid <br />assessments shown on said Street Superintendent's list: and <br /> <br /> WHEREAS, notice was duly given in the manner and <br />form required by law tfat serial bonds to represent unpaid <br />assessments bearing interest at the rate of six (6%) per <br />cent per anoum will be issued hereunder in the manner provi- <br /> <br />dad in the "Improvement bond Act <br />merit of which bonds shall mature <br />day of July next succeeding ten <br /> <br />of 1915", the last install- <br />nine (9) years from the 2nd <br />(10) months from their date. <br /> <br /> And ~1] 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 secu- <br />rity of the u~D~d assessments shown on said list, and all <br />objections presented hav~n~ been heard and considered; <br /> <br /> NOW BE IT HESOLVED, that the Board of Trustees <br />does hereby find end determine that no cause h~s been shown <br />why bonds should not be issued upon the security of said <br />unpaid assessments, and does hereby overrule, all objections <br />thereto, and does hereby d~r~Ct the issuance of said bonds, <br />and further <br /> <br /> BE IT HESOLVED AS FOLIOWS, that bonds shall be <br />issued upon the semurtty of sa~d unpaid assessments to said <br />amount of Sixteen Thousand, Five Hundred Sixty-four and ~9/ <br />100ths ($16,564.V9) Dollars. <br /> <br /> That said bonds shall be twenty (20) in number, and <br />shall be dated October 6th, 1924, and bear interest at the <br />rate of six (6%) per cent per am~um, and the denomination of <br /> <br />s~id bonds, and the <br /> <br />shall be as follows: <br /> <br />date of the respective m~turities thereof <br /> <br />Series Bond No. Amount Date of M~turity <br /> <br />V 1 $1000.00 1926 <br />V 2 656.4V 1926 <br />V 3 1000.00 192V <br />V 4 656.48 1927 <br />V 5 1000.00 1928 <br />V 6 656.48 1928 <br />V V 1000.00 1929 <br />V 8 656.48 1929 <br />V 9 1000.00 1930 <br />V 10 656.48 1930 <br /> <br /> <br />
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