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RESOLUTION ~0. 2292
<br />
<br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA
<br />ANA, CALIFORNIA, RELATING TO THE ~SSUANCE OF STREET
<br />IMPROVEMENT BONDS PURSUANT TO RESOLUTION OF INTENTION
<br />NO. 2208; DETERMINING THE AMOUNT OF UNPAID ASSESSMENTS;
<br />PRESCRIBING THE DENOMINATION OF SUCH BONDS AND PROVIDING
<br />FOR THEIR ISSUANCE IN ANNUAL SERIES:
<br />
<br /> WHEREAS, pursuant to statute, notice of the filing of list of unpaid
<br />assessments was duly given in the manner and form required by law, that the warran~
<br />assessment and diagram was recorded on the 6th day of January, 1931, for the work
<br />and improvement made by H. C. Reid and Companl, under that certain contract
<br />awarded to it on the llth day of August, 19~0, upon portions of First Street, Main
<br />Street, Bush Street, Cypress Avenue, Spurgeon Street, Orange Avenue, French
<br />Street, Maple Street, Oak Street, Hickory Street, Lacy Street, Halladay Street,
<br />Garfield Street, Cedar Street, Evergreen Street and Minnie Street, as sbt forth
<br />in Resolution of Intention No. 2~ 8; and that said warrant, assessment and diagram
<br />were returned to the Street Superintendent of said City, together with a written
<br />statement of all payments received upon the said assessment; and after the full
<br />expiration of thirty (30) days after the recording of said warrant, the said
<br />Street Superintendent duly made and filed with the City Clerk of the said City of
<br />Santa Ana, a complete list of all assessments unpaid upon the said Assessment,
<br />which list is now on file in the office of the City Clerk of said City; now upon
<br />evidence shown, this City Council determines that the assessments therein mentione~
<br />were then unpaid, the total aggregate thereof being the sum of Seventeen Thousand,
<br />Six Hundred Thirty-nine and 89/100 Dollars ($17,639.89), and that no assessments
<br />have been paid since the filing of the list of unpaid assessments by the Street
<br />Superintendent, and that there now remains unpaid the sum of Seventeen Thousand~
<br />Six Hundred Thirty-nine and 89/100 Dollars ($17,639.89) upon the assessments shown
<br />upon said list.
<br />
<br /> Reference is hereby made to Resolution of Intention No. 22~8 of-the
<br />City Council of the City of Santa Ana, passed on the 23rd day of June, 19~0, for a
<br />complete description of the work-herein mentioned, and to the list of unpaid asses
<br />ments filed as above stated for the assessments unpaid; ~nd
<br />
<br /> WHEREAS, interested persons were notified in the manner required by law
<br />to appear before the City Council in the C0unc&l Chamber of the City Hall of said
<br />City at the hour of 7:30 o~clock P.M. on Monday, the 16th day of February, 1931,
<br />and show cau~e, why bonds should not be issued upon the security of the unpaid
<br />assessments shown on the Street Superintendentts list; and
<br />
<br /> WHEREAS, notice was duly given in the manner and form required by law~
<br />that serial bonds to represent unpaid assessments bearing interest at the rate of
<br />six percent per annum will be issued hereunder in the manner provided in the
<br />"Improvement Bond Act of 1915", the last installment of which bonds ahall mature
<br />nine years from the End day of July, next succeeding ten (10) months from their
<br />date, and all interested persons having appeared before this City Council and
<br />having been given a full opportunity to show cause why bonds should not be
<br />issued upon the security of the unpaid assessments shown on said list, and all
<br />objections presented having been heard and considered.
<br />
<br /> IT IS THEREFORE NOW BY THE CITY COUNCIL OF THE CITY OF JANTA ANA~
<br />DETERMINED, RESOLVED AND ORDERED AS FOLLOWS: ~That no cause has been shown why
<br />bonds should not be issued upon the security of said unpaid assessments, and does
<br />hereby overrule all objections thereto, and does hereby direct the issuance of
<br />said bonds; and ~urther,
<br />
<br /> BE IT RES0~VED AS FOLLOWS: Thst bonds shall be issued upon the security
<br />of said unpaid assessments to said amount of Seventeen ~housand, Six Hundred
<br />Thirty-nine ~nd 89/100 Dollars ($17,639.89).
<br />
<br /> That said bonds shall be twenty (20) in number and shall be dated
<br />February 16th, 1931, and bear interest at the rate of six percent per annum,
<br />the denomination of said bonds, and the date of respective maturity thereof
<br />be as follows:
<br />
<br /> and
<br />shall
<br />
<br />SERIES BOND NO. .AMOUNT DATER .OF MATURITY
<br />
<br />P-4 1 $1,000.00 July 2, 1932
<br />P-4 2 763.98 1932
<br />
<br />P-4 3 1,000.00 1933
<br />P-4 4 763.98 1933
<br />
<br />P-4 5 1,000.00 1934
<br />P-4 6 763.98 1934
<br />
<br />P-4 7 1,000.00 1935
<br />P-4 8 763.98 1935
<br />
<br />P-4 9 1,000.00 1936
<br />P-4 10 763.98 1936
<br />
<br />P-4 11 1,000.00 1937
<br />P-4 12 763.98 1937
<br />
<br />P-4 13 1~000'00 1938
<br />P-4 14 763.98 1938
<br />
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