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the "Improvement Bond Act of 191§" the last installment of <br />which bonds shall mature nine (9) years from the 2nd day of <br />July, next succeeding ten (10) months from their date. <br /> <br /> And all interested persons having appeared before <br />this Board of Trustees and having been given full opportunit <br />to show cause why bonds should not be issued upon the secu- <br />rity of the unpaid assessments shown on said list, and all <br />objections presented having been heard and considered; <br /> <br /> NOW BE IT RESOLVED, that the Board of Trustees doe <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 furth <br /> <br /> BE IT RESOLVED AS FOLLOWS, that bonds shall be is- <br />sued upon the security of said unpald assessments to said <br />amount of One Thousand Two Hundred Thirty-six and 45/100 <br />($1,236.45) Dollars. <br /> <br /> The said bonds shall be ten (10) in number and <br />shall be dated October 26th, 1925, and bear interest at the <br />rate of six (6%) per cent per annum, and the denomination of <br />said bonds, and the dates of the respective maturities there <br /> <br />shall be as follows: <br /> <br />Series Bond No. Amount <br /> <br />Date of Maturity <br /> <br />X-! 1 $123.64 July 2, 1927 <br />X-1 2 123.64 July 2, 192S <br />X-1 3 123.64 July ~, 19S9 <br />X-1 4 123.64 July $~ 1930 <br />X-1 5 123.64 July 2, 1931 <br />X-1 6 123.65 July 2, 1932 <br />X-1 7 123.65 July 2, 1933 <br />X-1 8 123.65 July 2, 1934 <br />X-1 9 123.65 July 2, 1935 <br />X-1 10 123.65 July 2, 1936 <br /> <br />coupon of interest <br /> <br />shall be <br /> <br />The first <br /> <br />for interest <br /> <br />from October 16th, 1925, to January 2nd, 192't, and the sev- <br />eral coupons thereafter shall each be for the semi-annual <br />interest; and <br /> <br /> BE IT FURTHER RESOLVED, that the signature of the <br />Treasurer of said City upon the coupons attached to said <br />bonds shall be llthographed or printed signature in place of <br />a signature by hand; and <br /> <br /> BE IT ALSO FURTHER RESOLVED, that the City Clerk <br />of said City of Santa Ara be, and he is hereby authorized <br />and directed to deliver forthwith the bonds hereinabove enum <br />crated to the contractor, Ralph E. Welch, in satisfaction of <br />the balance due upon his assessment and diagram. <br /> <br /> I hereby certify that the foregoing Resolution was <br />duly and r~gularly passed by the Board of Trustees of the <br />City of Santa Ara, at an adjourned regular meeting thereof <br />held on the 26th day of October, 1925, by the following <br />vote, to-wit: <br /> <br />SS <br /> <br />,f <br /> <br /> <br />