1927 (#1716-1862) - Laserfiche WebLink

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Reference is hereby made to Resolution of Intention No. l?E5 of the Board of Trustees of the City of Santa Ana, passed on the ?th day of February, 1927, for a complete description of the work herein mentic~ed and to the list of unpaid assessments filed as above stated, for the assessments unpaid. AND WHEREAS, interested persons were notified in the manne required by law to appear before the City Council in the Council Chamber of the City Hall of said City at the hour of ?:30 o'clock P.~. on ~onday, the 3rd day of October, 1927, and show cause, why bonds should not be issued upon the security of the unpaid assess- ments shown on the Street Superintendent's list; and V~HEREAS, notice was duly given in the manner and fore required by law, that serial bonds to represent unpaid assessments, bearing interest at the rate of six per cent per annum will be issued hereunder in the manner p~ovided in the "Improvement Bond Act of 1915", the last installment of which bonds shall mature nine (9) years from the 2nd day of July, next succeeding ten (10) months from their date, and all interested persons having appeared before this City Council and having been given full opportunity to show cause why bonds should not be issued upon the security of the unpaid assessments s~hown on said list, and all objections presented having been heard and considered: IT IS THEREFORE NON BY THE CITY COUNCIL OF THE CITY OF SANTA ANA, DETERMINED, RESOLVED AND ORDERED AS FOLLOWS: That no cause has been shown ~y bonds should not be issued upon the securit of said unpaid assessments, and does hereby overrule all objections thereto, and does hereby direct the issuance of said bonds; and further: BE IT RESOLVED AS FOLLOWS: That bonds shall be issued upon the security of said unpaid assessments to said amount of Thirteen thousand three hundred sixteen and 56/100 Dollars ($13,316. That said bonds shall be twenty (20) in number and shall be dated October 3rd, 192V, and bear interest at the rate of six per cent per annum, and the denomination of said bonds, and the date of respective maturity thereof shall be as follows: Date of Series ~ond No. Amount Maturity Y-2 1 $ 1000.00 1929 Y-2 2 331.65 1929 Y-2 3 1000.00 1930 Y-2 4 331.65 1930 Y-2 8 1000.00 1931 Y-2 6 $31.65 1931 Y-2 ? 1000.00 1932 Y-2 8 331.68 1932 Y-2 9 1000.00 1933 Y-2 10 331.66 1933 Y-2 11 1000.00 1934 Y-2 12 331.66 1934