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RESOLUTION NO. 2321 <br /> <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br /> SANTA ANA, CALIFORNIA, RELATING TO THE ISSUANCE <br /> OF STREET IMPROVEMENT BONDS PURSUANT TO RESOL~£ION <br /> OF INTENTION 2280, DETERMINING THE AMOUNT OF UN- <br /> PAID ASSESSMENTS, PRESCRIBING THE DENOMINATION OF <br /> SUCH BONDS, AND PROVIDING FOR THEIR ISSUANCE IN <br /> ANNUAL SERIES: <br /> <br /> ~EREAS, pursuant to Statute, notice of the filing of list of unpaid <br /> assessments war duly given in the manner and form required by law, that the warrant <br /> assessment and diagram was recorded on the 28th day of July, 1931, for the work <br /> and improvement made by Ed Johnson & Sons, under that certain contract awarded to <br /> them on the 24th day of February, 1931, upon portions of Richland Avenue between <br /> Flower Street and Shelton Street, as set forth in Resolution of Intention No. 2280; <br /> and that said warrant, assessment and diagram were returned to the Street Super- <br /> intendent of said City, together with a written statement of all payments received <br /> upon the said assessment; and after the full expiration of thirty (30) days after <br /> the date of recording of said warrant the said Street Superintendent duly made and <br /> filed with the City Clerk of said City of Santa Ana, a complete list of all assess- <br /> ments unpaid upon said assessment, which list is now on file in the office of the <br /> City Clerk of said City. Now, upon evidence shown, this City Council determines <br /> that the assessments therein mentioned were then unpaid, the total aggregate thereo~ <br /> being the sum of Fifteen Thousand Seven Hundred and 64/100 Dollars (~15,V00.64), <br /> and that no assessments have been paid since the filing of the list of unpaid <br /> assessments by the Street Superintendent, and that there now remains unpaid the <br /> sum of Fifteen Thousand Seven Hundred and 64/100 Dollars (~15,V00.64), upon the <br /> assessments shown upon said list. <br /> <br /> Reference is hereby made to Resolution of Intention No. 2280 of the City <br /> Council of the City of Santa ~na, passed on the 12th day of January, 1931, for a <br /> complete description of the work herein mentioned, and to the list of unpaid assess. <br /> ments filed as above stated for the assessments unpaid; and <br /> <br /> WHEREAS, interested persons were notified in the manner required by law <br /> to appear before the City Council in the Council Chamber of the City Hall of said <br /> City at the hour of V:30 P.M., on Tuesday, the 8th day of September, 1931, and show <br /> cause why bonds should not be issued upon the securing of the unpaid assessments <br /> shown on the Street Superintendent~s 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 per cent (6%) per annum will be issued hereunder in the manner provided in the <br />"Improvement Bond Act of 1915", the last installment of which bonds shall mature <br />nine years from the ~nd day of July, next succeeding ten (10) months from their date <br />and all interested persons having appeared before this City Council and having been <br />given a full opportunity to show cause why bonds should not be issued upon the <br />security of the unpaid assessments shown on said list, and all objections presented <br />having been heard and considered; <br /> <br /> IT IS THEREFORE NOW BY THE CITY COUNCIL OF THE CITY OF SANTA ANA DETERMIN~ <br />RESOLVED AND ORDERED AS FOLLOWS: That no cause has been shown why bonds should not <br />be issued upon the security of said unpaid assessments, and does hereby overrule <br />all objections thereto~ and does hereby direct the issuance of said bonds; and <br />further, <br /> <br /> <br />