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this Board of T~ustees and having been given full <br /> <br />to show cause why bonds should not be issued upon the <br />of the unpaid assessments shown on said list, and all <br />presented having been heard and considered: <br /> <br />opportunity <br /> security <br /> obJectio: <br /> <br /> NOW BE IT RESOLVED, that the Board of Trustees does <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 further <br /> <br /> BE IT RESOLVED AS FOLLOWS, that bonds shall be issue~ <br />upon the security of said unpaid assessments to said amount of <br /> <br /> Five Hundred Ninety-one and $~/100 ($8,59!.05) <br /> <br />Eight Thousand, <br /> <br />Dollars. <br /> <br /> That <br /> <br /> said bonds shall be twenty (20) in number, and <br />shall be dated November 16th, 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 thereof <br /> <br />shall be as follows: <br /> <br />Series Bond No. Amount Date of Maturity <br /> <br /> Y-1 1 $500.00 July 2nd, 192V <br /> Y-1 2 359.10 July 2nd, 192V <br /> <br /> Y-1 3 500.00 July 2nd, 1928 <br /> Y-1 4 359.10 July 2nd, 1928 <br /> <br /> Y-1 5 500.00 July 2nd, 1929 <br /> Y-1 6 359.10 July 2nd, 1929 <br /> <br /> Y-1 ? 500.00 July 2nd, 1930 <br /> Y-1 8 359.10 July 2nd, 1930 <br /> <br /> Y-1 9 500.00 July 2nd, 1931 <br /> Y-1 10 359.10 July 2nd, 1931 <br /> <br /> Y-1 11 500.00 July 2nd, 1932 <br /> Y-1 12 359.11 July 2nd, 1932 <br /> <br /> Y-1 13 500.00 July 2nd, 1933 <br /> Y-1 14 359.31 July 2nd, 1933 <br /> <br /> Y-1 15 500.00 July 2nd, 1934 <br /> Y-1 16 359.11 July 2nd, 1934 <br /> <br /> Y-1 17 500.00 July 2nd, 1935 <br /> Y-1 lB 389.11 July 2nd, 1938 <br /> <br /> Y-1 19 500.00 July 2nd, 1936 <br /> Y-1 20 359.11 July 2nd, 1936 <br /> <br /> The first coupon of interest shall be for interest <br />from October 27th, 1925, to January 2nd, 192V, and the several <br /> <br />coupons thereafter shall each be <br />and <br /> <br /> BE IT FURTHER RESOLVED, <br /> <br />for the semi-annual interest; <br /> <br />that the signature of the <br /> <br />Treasurer of said City upon the coupons attached to said bonds <br />shall be lithographed or printed signature in place of a signa- <br />ture by hand; and <br /> <br />BE IT ALSO FURTHER RESOLVED, that the City Clerk of <br />said City of Santa Ana be, and he is hereby authorized and dt- <br /> <br />retted to deliver <br />to the contractor, <br />ance due upon his <br /> <br />forthwith the bonds hereinabove enumerated <br />Ralph E. Welch, in satisfaction of the bal- <br />assessment and diagram. <br /> <br />49 <br /> <br />S <br /> <br /> <br />