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RESOLUTION NO. 2039
<br />
<br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA, CALIFOF~NIA,
<br /> RELATING TO THE ISf~UANCE OF STRE]~;T IMPF, OVE. MENT BONDS, PURSUANT TO
<br /> RESOLUTION OF INTENTION NO. 1915; DETERMINING THE AMOL~NT OF UNPAID
<br /> ASSESSmeNTS, PRESCRIBING THE DENOMINATION OF SUCII BONDS; AND PROVIDING
<br /> FOR THEIR ISSUANCE IN ANNUAL SERIES:
<br />
<br /> WHEREAS, pursuant to Statute, n~ttce of filing of list of unpaid assessments
<br /> was duly given in the manner and form required by law, that the warrant, assessment
<br /> and diagram was recorded on the 2nd day of October, 1928, for the woPk and improvement
<br /> made by Steele Finley, under that certain contract awarded to him on the 14th day of
<br /> May, 1928, upon portions of Pacific Avenue, Fifth Street, Third Street, Second Street,
<br /> First Street and Bristol Street; and that said warrant, assessment and diagram were
<br /> returned to the Street Superintendent of said City, together with a written statement
<br /> of all payments received upon the said assessment; and after the full expiration of
<br /> thirty (30) days from the date of said warrant, the said Street Superintendent duly
<br /> made and filed with the City Clerk of the said City of Santa Ana, a complete list of all
<br /> assessments unpaid upon the said assessment, which list is now on file in the office
<br /> of the City Clerk of the said City; now upon evidence shown, this City Council determine:
<br /> that the assessments therein mentioned were then unpaid, the total aggregate thereof
<br /> being the sum of Twelve Thousand Eight Hundred Thirty and 59/100 Dollars ($12,830.59),
<br /> and that there have been paid since the filing of the list of unpaid assessments by the
<br /> Street Superintendent the following assessments, to-wit: Assessment No. 40 for ~46.36;
<br /> Assessment No. 73 for $417.?1 and Assessment No. 119 for $93.17, and there now remains
<br /> unpaid the sum of Twelve Thousand Two Hundred Seventy-three and 35/100 Dollars
<br /> ($12,273.35) upon th6 assessments shown upon said list.
<br />
<br /> Reference is hereby made to Hesolutton of Intention No. 1915 of the City
<br /> Council of the City of Santa Aha, passed on the 2nd day of April, 1928 for a complete
<br /> description of the work l~erein mentioned, and to the list of unpaid assessments filed
<br /> as above stated, for the assessments filed as above stated, for the assessments unpaid.
<br />
<br /> AND, WHEMEAS, interested persons were notified in the manner required by law
<br />to appesr before the City Council of the said City of Santa Ana, Calif~nia, in the
<br />Council Chamber of the City Hall of said City at the hour of 7:30 o~c!ock P.M. on
<br />Monday, the 19th day of November, 1928, and show cause why bonds should not be issued
<br />upon the security of the unpaid assessments shown on the said Street SuperiDtendent's
<br />list; and
<br />
<br /> ~EREAS, notice was duly given, in the manner and form required by law, that
<br />serial bonds to represent ~paid assessments bearing interest at the rate of six percent
<br />per annum will be issued hereunder in the manner provided in the "Improvement Bond Act
<br />Of 1915", the last installment of which bonds shall, mature nine (9) years frcm the 2nd
<br />day of July, next succeeding ten months from their date, and all interested persons
<br />having appeared before this City Council, and having~ been given full opportunity to
<br />show cause why bonds should not be issued upon the security of the unpaid assessments
<br />shown on said list, and all objections presented having been heard and considered;
<br />
<br /> IT I~; THE~REFORE NO~.' BY THE. CITY COUNCIL OF THE CITY OF S^NTA ANA, DETERMINED,
<br />RESOLVED AND ORDERED AS FOLLOW, S:
<br />
<br /> That no cause has been shown why bonds should not be issued upon the security
<br />of said unpaid assessments, and does hereby overrule all objections thereto, and does
<br />hereby direct the issuance of said bonds; and further
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