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Bonds numbered from IV to 18, inclusive, <br /> shall constitute annual series No.9 and shall fall due and <br /> be payable on the 2nd day of July, 1932. <br /> <br /> Bonds numbered from 19 to 20, inclusive, <br /> shall constitute annual series No.ll and shall fall due and <br /> <br /> be payable on the 2nd day of July 1934. <br /> Fourth. <br /> <br /> Ail of the bonds shall be sold to the <br /> highest bidder therefor but not less than their par and <br /> accrued interest at the date of their delivery and the <br /> proceeds of the sale thereof shall be deposited in the <br /> Treasury of the City of Santa Aha to the credit of the <br /> Cypress Avenue Improvement Bond Redemption Fund, and from <br /> which there shall be paid to Steele Finley or his assigns, <br /> the balance due him upon the assessment and warrant for the <br /> work done and irm~ovement made upon a portion of Cypress <br /> Avenue,including interest upon principal amount at the rate <br /> of seven(V) per cent. per annum from the 18thday of Septe~er <br /> 1922, and the surplus of such proceeds, if any, shall be <br /> c~edited to sai~ redemption fund fo~ the pa~ent of such bonds. <br /> <br /> If no satisfactory bids are received or <br />the Board of Trustees determine that the bids received are not <br />satisfactory as to price or responsibility of the bidder, the <br />Board of T~ustees reserves the right to reject all bids <br />received, if any, and readvertise the bonds for sale or <br />deliver said bonds to the Contractor in satisfaction of the <br /> <br />sum due him upon the assessment ahd warrant. <br /> Fifth. <br /> <br /> The assessment, lewy, and collection oN <br />taxes in and for the City of Santa Aha, being made <br />through and by the County of Orange, and the officers thereof <br />it is ordered that a cop~ hereof be filed in the office <br />of the Auditor of the County of Orange,California. <br /> <br /> I hereby certify that the foregoing <br />Resolution and or, er was regularly introduced and passed <br />by the Board of Trustees of the City of Santa Ana at an <br />adjourned regular meeting thereof held on the 2nd 'day of <br />October, 1922, by the vote of the following named members <br />thereof: <br /> <br /> Ayes, Trustees, J.W.T~bbs, C.H.Chapmanr H.H.Dale. <br /> <br /> ~.~. Greenleafr ~oh~. G.Mitchell. <br /> <br /> Noes, T~ustees, None <br /> Absent,Trustees, None <br /> <br />Attest: <br /> <br /> E.L.Vegel~. <br /> <br />Clerk of the City of Santa Ana. <br /> <br /> <br />