1923 (#900-1161) - Laserfiche WebLink

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331 7~ per annum from the lEth day of ~ecember, 1922, the date of filing with the Clerk of the city of Santa Aha the Street Superintendent's list of unpaid assessments, and until the whole sum of principal and interest is paid; The interest shall be paid semi-annually by coupons on the 2nd day of January and July, respectively, of e~ch year after the date of the bonds, provided, that the first payment of interest shall not be until the 2nd day of January, 1924, being six months before the maturity of the first annual series of the bonds. The bonds and in- terest shall be p~id at the office of the Treasurer of the City of Sants Ans, in said city, County of Orange, ~tate of California, and upon the presentation of the proper bonds and coupons, out of the redemption fnnd, and under no circumstances sh~ll said bonds or interest thereon be paid out of any other fund. ~ redemption fund shall be kept by the Treasurer of the city of ~anta Aha designated East and ~est Seventeenth ~treet Improvement ~ond Re- demption Fund, in which the Treasurer shall place all sums received from the collection of assessments made for the rnyment of the cost of the work and improvement upon which the bonds are issued and the inter, est and penalties there- on. All of the bonds shall be dated the 2nd day of Janmary 1923, and shall be numbered consecutively from 1 to 20, both inclusive. Bonds numbered from i to 10, in61usive, shall be each in the denomination of $500.00; bonds numbered from ll to 19, inclusive, shall be each in the denomination of $564.20; Bond No. 20 shall be in the denomination of $564.23 The form of the bonds shall be substantially as provided by Sec., 6 of the improvement Bond Act of 1915, provided, that the same shall contain the appropriate words and f~ures to make the said bonds and the form thereof aorlicable to the denomination, annual series, and purposes for which the bonds are to be issued, as herein set forth. The bonds shall be signed by the Treasurer and the Clerk of the city of Santa Aha. ~'here shall be sttached to each bond interest coupons representing the payments of semi-annual interest accruing and made psyable upon the principal of the bonds to which they are attached. All of said coupons shall be signed by the Treasurer of the city of Santa ~na, but the Treasurer's signature may- be engraved, printed, or lithographed, on the inter.est coupoos in place of the Treasurer's signature by hand. The interest coupons shall be consecutively number- ed from 1 upward on each bond and the interest thereby re- presented shall be paid on the 2~d day of January and July in each year, commencing with the 2nd day of Janwary, 1924,