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RESOLUTION NO. 1536 <br /> <br /> A RESOLUTION OF THE BOARD OF TRUSTEES OF THE CITY OF <br />SANTA iNA, CALIFORNIA, RELATING TO THE ISSUANCE OF STREET IM- <br />PROVEMENT BONDS PURSUANT TO RESOLUTION OF INTENTION NO. 1428, <br />DETERMINING THE AMOUNT OF UNPAID ASSESSMENTS, PRESCRIBING THE <br />DENOMINATION OF SUCH BONDS, AND PROVIDING FOR THEIR ISSUANCE. <br /> <br /> WHEREAS, pursuant to ~tatute, notice of filing list <br />of unpaid assessments was duly given in the manner and form <br />required by law, that the warrant, assessment and diagram re- <br />corded on the 2nd day of June, 1925, for the work and improve- <br />merit made by Steele Finley under that certain Contract awarded <br />to him on the 16th day of March, 1925, on South Ross Street, <br />and that said warrant, assessment and diagram were returned to <br />the Street Superintendent of said City, together with a writte <br />statement of all payments received upon the said assessment,an <br />after the full expiration of twenty (20) days from the date of <br />said warrant, the Street Superintendent duly made and filed ~ <br />the City Clerk of said City of Santa Aha, a complete list of <br />all assessments unpaid upon the said assessment, which list is <br />now on file in the office of the City Clerk of said City,now <br />npon~vi~en~e sh~W~tht~ Board d~t~mines that the ~sessmenta <br />therein mentioned were then unpaid, the total aggregate ther~f <br />being the sum of Eight Thousand, Seven Hundred Twenty-two and <br />35/lOOths ($8,722.35) Dollars, and that assessments numbered <br />23, 30, 31, 34, 38 and 39 aggregating the sum of Twelve Hundmed <br />Eight ($1208.00) Dollars have since been paid, and that there <br />now remains unpaid the sum of Seven Thousand, Five Hundred <br />Fourteen and 35/tOOths ($7,514.35) Dollars upon the assessment <br />shown upon said list. <br /> <br /> Reference is hereby made to Resolution of Intention <br />No. 1428 of the Board of T~ustees of the City of Santa Ana, <br />passed the 16th day of February, 1925, for a complete descrip- <br />tion of the work herein mentioned, and to the list of unpaid <br />assessments filed as above noted, for the assessments unpaid. <br /> <br /> AND %~{EREAS, interested persons were notified in the <br />manner required by law to appear before the Board of Trustees <br />of the said City of Santa ~na, California, in the Council Cham. <br />bet of the City Hall of said City, at the hour of 7:30 o~clock <br />P.M. of Monday, the 6th day of July, 1925, and show cuase why <br />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 form <br />required by law that serial bonds to represent unpaid assess- <br />ments bearing interest at the rate of six (6%) per cent per <br />annum will be issued hereunder in the manner provided in the <br />"Improvement Bond Act of 1915", the last installment of which <br />bonds shall hature nine (9) years from the 2nd day of July next <br />succeeding ten (10) months from their date. <br /> <br /> <br />