Laserfiche WebLink
Mayor or t~e City of ~anta Ana. <br /> <br />313 <br /> <br /> the grades to which said improvements are to be construed <br /> shall be those set forth in said Resolution of Intention <br /> No. 2260, and in the specifications therein referred to, <br /> reference to which is hereby made. <br /> 4. That the City Attorney of the City of Santa Ana is <br /> hereby by ordered to commence a proceeding before the <br /> Railroad Commission of the State of California as requir~ <br /> by the laws of the State of California to have fixed the <br /> Just compensation to be paid for any property damaged in <br /> the partial separation of grades as proposed in said Reso. <br /> lution of Intention as to those owners who filed protests <br /> against the Change of grade proposed in said Resolution <br /> of Intention in the manner provided in said Acquisition <br /> and Improvement Act of 1925, and to do all things neces- <br /> sary to prosecute said proceeding to final determination. <br /> 5. That the time hereby fixed for receiving bids for <br /> the d oing of said work and improvements herein ordered is <br /> ~he 16th day of February, 1931, at the hou~ of 7:30 <br /> o'clock P.M., and the Clerk of this City Council is hereb <br /> ordered to post and to publish in the newspaper designa- <br /> ted in said Resolution of Intention No. 2260, a notice <br /> inviting sealed bids, requiring in such notice that all <br /> bids shall be accompanied by a certified check or bond, <br /> all as required ~y the provisions of Sec~ on 12 of the <br /> Acquisition and Improvement Act of 1925, as amended. <br /> 6. T~at to defray the expenses of the work and improve <br />ments herein ordered, and any damages allowed by the Rail- <br />road Commission of the State of California for property <br />damaged in said partial separation of grades as proposed <br />in said Resolution of Intention, bonds will be issued to <br />the total amount of the same, said bonds to bear interest <br />at the rate of six percent per annmn, payable semi-annuaH <br />the first interest payment to be made on the 2nd day of <br />January, or the ~nd day of July (whichever month first <br />succeeds the date of the bonds) next succeeding one year <br />after the date of such bonds, and the aggregate principal <br />of all bonds issued under these proceedings to be paid <br />and discharged within twenty-three (23) years after the <br />date of issuance, approximately one-twentieth part of Z~cl <br />aggregate principal to be paid annually, all in gold coin, <br />and that a special fund for the payment of said bonds wilS <br />be constituted by the lovy of special assessment taxes <br />upon the lands within the Assessment District, in accord- <br />ande with the provisions of the Acquisitio~ and Improve- <br />ment Act of 1925, and amendments thereto, according to th~ <br />assessed value of such lands, exclusive of the improve- <br />ments thereon, except as otherwise in said Act provided. <br />That the first payment on the aggregate principal of the <br />bonds issued will be made three years after the issuance <br />thereof. <br /> 7. That the proceedings for said work and improvements <br />shall be had and taken under and in ~ccordance wi~h an <br />Act of the Legislature of the State of California, known <br />and designated as the Acquisition and Improvement Act of <br />1925", approved May ~3~ 1925, and amendments thereto, and <br />said bonds shall also be issued in accordance with the <br />provisions of said Act. <br /> The foregoing Resolution was duly and regularly intro- <br />duced, passed and adopted by the affirmative vote of all <br />five members of the City Council of the City of Santa Ana, <br />at a regular meeting thereof, held on the 19th day of <br />January, 1931, by the following vote, to-wit: <br /> Ayes, Trustees J.L. McBride, W.J. Kelly, B.0. Sutton, <br /> Stanley E. Goode, F.L. Purinton. <br /> Noes, Trustees None. <br /> Absent, Trustees None. <br /> <br /> Attest: E~ L. Vegely <br />(SEAL) Clerk of the ~lty of santa Ana, <br /> <br />On motion of Trustee Sutton, seconded by McBride and car- <br /> <br />ried, the City Council adjourned to Monday, January 26th, <br />1931, at 7:30 P.M., in the Council Chamber. <br /> <br /> <br />