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WHEREAS, notice was duly given, tn the manner and form <br />required by law, that serial bonds to represent unpaid assessments <br />bearing interest at the rate of six per cent per annum wiI1 be <br />issued hereunder in the manner provided in the "Improvement Bond <br />Act of 1915", the last installment of which bonds shall mature nin~ <br />(9) years from the 2nd day of July, next succeeding ten months fro <br />their date, and all interested persons having appeared before this <br /> <br />City Council and havin$ been given full <br />why bonds should not be issued upon the <br />assessments shown on said list, and all <br />been heard and considered; <br /> <br />opportunity to show cause <br />security of the unpaid <br />objections presented havin. <br /> <br /> IT IS THEREFORE NOW BY THE CITY CO~CIL OF THE CITY OF <br /> SANTA ANA, DETERMINED, RESOLVED AND ORDERED AS FOLLOWS: That no <br /> cause has been shown why bonds should not be issued upon the <br /> security of said unpaid assessments, and does hereby overrule all <br /> objections thereto, and does hereby direct the issuance of said <br /> bonds; and further <br /> <br /> BE IT RESOLVED AS FOLLOWS: That bonds shall be issued <br /> upon the security Of said unpaid assessments to said am~lnt of Fiv, <br /> Thousand Three Hundred and F~r and 35/100 Dollars,($8,304.3S). <br /> <br /> That said bonds shall be ten (10) in number, and shall <br />be dated August 29th, 1927, and bear interest at the rate of six <br />per cent per annum, and the denomination of s~id bonds, and the <br />date of respective maturities thereof shall be as follows: <br /> <br /> Date of <br /> Series ~ond. No. Amount Maturity <br /> <br /> W-2 1 $ 530.43 ~ "-~I928 <br /> W-2 2 530.43 1929 <br /> W-2 3 530.43 1930 <br /> W-2 4 530.43 1931 <br /> W-2 5 530.43 193~ <br /> W-2 ~! 6 530.44 1933 <br /> <br /> W-2 7 530.44 1934 <br /> W-2 8 530.44 1935 <br /> W-2 9 530.44 1936 <br /> W-2 10 530.44 1937 <br /> <br /> The first coupon of interest shall be for the interest <br />from the 18th day of August, 192v, to January 2, 1928, and the <br />several 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 the said City upon the coupons attached to said bm ~s <br />shall be llthographed or printed signature in place of a signature <br />by hand; and <br /> <br /> BE IT ALSO FURTHER RE$OL?ED, that the City Clerk of the <br />City of Santa Aha be and he is hereby authorized and directed to <br /> <br /> <br />