1923 (#900-1161) - Laserfiche WebLink

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assessments shown on the list thereof as heretnsbove deter- mined for the aggregate principal of the sum of unpaid assess- ments, to-w~t: $2,685.56 and shall be payable in ten annual series on the 2nd day of July of e~ch year next succeeding nine months after their date until the whole sum of the aggre- gate principal ts paid. Said bonds and each of them shall bear interest at the rate of 6%per annum from theVth day of April 1923, the date of filing with the Clerk of the City of Santa Ana ~he Street ~uper~ntendents list of unpaid assessments, and until the whole sum of principal and interest is paid. The interest shall be paid semi,annually by cou¥ons on the 2nd day of January and July, respectively, of each pea? after the date of the bonds, provided, that the first payment of interest shall not be until the 2nd day of January, 192A, being six months before the maturity of the first annual series of the bonds. The bonds and interest shall be paid at the office of the Treasurer of the City of Santa Ana, in said City, County of Orange, State of California, and upon the presentation of the proper bonds and coupons, out of the redemption fund, and under no circumstances shall said bonds or interest thereon be paid out of any other fund. A redemption fund shall be kept by the Treasurer of the City of Santa Ana designated Rive~ne Avenue Improvement Bond Redemption ~und, in which the Treasu~e~ shall place all sums received from the collection of assessmes~ made for the payment of the cost of the work and improvement upon which the bonds are issued and the interest and penalties thereon. Ail Of the bonds shall be dated the 16th day of April 1~23, and shall be numbered consecutively from 1 to 10, both inclusive. ~ondS numbered from 1 to 9, inclusive, shall be each in the denomination of $268.55; and bond No. 10 shall be in the denom- ination of $268.61. The form of the bonds shall be subst?ntially as provided by Sec. 6 of the Improvement Bond Act of 1915, provided, that the same shall contain the appropriate words and figures to make the said bonds and the form thereof applicable to the denomination, annual series, and purposes for which the bonds are to be issued as herein set forth. T~e bonds shall be the City interest interest signed by the Treasurer and the Clerk of of Santa Ans. There shall be attached to each bond coupons representing the p~yments of semirannual accruing and made payable upon the principal of the bon~ to which they are attached. All of said courons shall be signed by the Treasurer of the City of ~anta Ana, but the Treasurer's signature maybe engraved, printed, or lithographed, on the interest coupons in place of the treasurer's signature by hand. The interest coupons shall be consecutively numbered from 1 upward on each bond and the interest thereby represented shall