1928 (#1863-2053) - Laserfiche WebLink

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WHEREAS~ interested persons were notified in the manner reqAired by law to appear before the City Council in the Council Chamber of the City Hall of said City at the hour of 7:30 otclock P.N. on Monday, the llth day of June, 1928, and show cause, why bonds should not be issued upon the security of the unpaid assessments shown on the Street Superintendentts list; and WHEREAS, notice was duly given in the manner and form required by law, that serial bonds to represent unpaid assessments bering interest at the rate of six per cent per amuumwill be issued hereunder in the manner provided in the "Improvement Bond Act of 1915", the last installment of which bonds shall mature nine years from the 2nd day of July~ next succeeding ten (lC) months from their date, and all interested persons having ap~ared before this City Council and having been given a full opportunity to show cause why bonds should not be issued upon the socurity of the unpaid assess- ments shown on said list, and all objections presented having been heard and considered. IT IS THEREFORE NOW BY T~L~ CITY CO~NCZL OF THE CITY OF ~ANT~ ANA~ DETEREINED~ RESOLVED AND ORDERED AS ~OLLOWS: That no csnse has been sho~wn why bonds should not be issued upon the security 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 saidunpaid assessments to s~id amount of Nine Thousand Five Hundh~e8 Eight and 4/100 Dollars (~9,S08.04)~ That said bonds shall be twenty (20) in ntunber and shall be dated June ll, 1928, and bear interest at the rate the denomination of said bonds, and the date shall be as follows: SERIES ti-3 H-3 of six per cent per anntu.~, and of respective maturity thereof BOND NO. ~J,IOIR{T DATE OF ~.ATURITY 1 $ 500. O0 July 1929 2 450.80 1929 H-3 3 500.00 1930 H-3 4 450.80 1930 H"3 5 500.00 1931 H-3 6 450.80 1921 H-3 V 500.00 1932 H-3 8 450.80 1932 H-3 9 500.00 1933 H-3 10 450.80 1933 H-3 11 500.00 1934 H-3 12 450.80 1934 H-3 13 500.00 July 1935 H-3 14 450.81 1935 H-3 15 500.00 1936 H-3 16 450.81 1936 H-3 IV 500.00 1937 H-3 18 450.81 193V H-3 19 500~00 1938 H-3 20 450.81 19[~ The first coupon of interest shall be for interest from J~e 4~ 1928, to Janua~v 2, 1929, the semi-annual interest; and tile several coupons and thereafter shall each be for