1925 (#1403-1607) - Laserfiche WebLink

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¸16 And all interestec] persons having appeared before this Beard of Trustees and h~,v!ng be~n ~iven full o~port~n~ ty to show cause why bonds should not be issued ~pon the s~curity of the unpaid asaessTsents shown on said list, an5 all objections presented havt~g been heard and considered; NOW BE iT RESOIZ~ED, that the Bo~rr] ~f Trust~es doe~ hereby filed slid r]et~?'mirie that r~o cause has been shown why bonds should not be issued upon the security of said ~npald assessme~ta, s~d does hereby overr~lle all objections theret and does hereby direct the i~sua~ce of said bonds~ and furth~ BE IT RESOL~D AS FOLLOWS; that bonds s~s!l be sued upon the security of ssld mpald assessments to said amount of One Thousand, Eight Hundred Ninety-two and 1 O0ths (.pl,S92.OV) Del]ams. That said bends shall be ten (10} In n~ber, shall be dated October Sth~ 1925, and bear interest at the rate of six (5~) per cent pe~- annum, and ~he denomination said bonds, anal the dates of the respective maturities thereof shall be as follows: Series Bon~t No. ~nount Date of ~!Iaturfty U-1 1 $189.20 July 2, 1927 U-1 2 189.20 July 2, 1928 U-1 3 189.20 July 2, 19~9 U-I 4 189.21 July 2, 19~0 U-1 5 1.89.21 ~Tuly 2, 1931 U-1 6 189.21 July 2, 19.~2 U-1 ~ 189.21 July 2, 19~Z U-1 8 189.21 July 2, 1984 U-1 9 ].89.21 July 2~ 19~5 U-1 10 189.21 July 9, 19~6 The first coupon from September 15tll, 1925, of interest Shall be for interest to January 2nd, 192V, and the several cou?ons thareafter shall each be for the semf-annun.] interest; and BE IT FURTHER RESOLVED, that the signature of the Treasurer of said City upon the coupons attached to said bonds shall be llthographed or printed signature in place of a signature by hand; and BE IT ~LS0 FURT~'~.~R RESOLVED, that the City Clerk of said City of Santa ~na be, an~ he is hereby suthorlzed and directed to deliver forthwith the bonds herelnabove enumerated to the contractor, Grlffith Co., in satlsf~ction of the balance due upon their assessment and 81agram. I hereby certify that the faregoing Resolution was dnly and regulsrly passed by the Board o~ Trustees of the City of Santa ~a at a real!ar meeting thereof held on the 5th day of October, 192~, by the follow,lng vote, to-wit: Ayes, Trustees C.H. Chs~:sn, Collier, F.L. Noes, Trustees None Absent, Trustees None Geo ~icPhee, E.B. Purinton, J.W. Tubbs