1924 (#1162-1402) - Laserfiche WebLink

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AND WMEREAS, interested pers?ns were notified in the manner required by law to aFpear before the Board of Trustees of the said City of Santa Aua, California, in the Council Chamber of the City Hall in sa~ city, at the hour of o'clock P.¥. of the lath day of June, lg2~, and ~:ow cause why bonds shoul~ not be issued upon the security of the un- paid assessments shown on said Street Superintendent's list,and WHEREAS, notice was dul2 given in the manner and form required by law that serial bonds to represent unpaid assessments bearing interest at the rate of six (~) per'cent per annum, will be issued hereunder in the manner provided in the "Improvement Bond Act of l~lB" the last installment of which bo~ds shall mature nine (9) years from the 2nd d~y of July next succeeding Ten (10) months from their date. An~ a~] interested persons having arpeared before this Board of Trustees and having been given full o~portunity to show cause why bonds should not be issued upon the security of the unpaid assessments shown in said list, and all objec- tions presented hav~ng been heard and considered. NOW BE IT RESOLVED, that the Board of Trustees d~s hereby find snd determine that no cause has been sh~n why bonds should not be issued upon the security of said unpaid assessments and does hereby overrule all objections thereto, and does hereby direct t~e Issuance of said bonds, and further, BE IT RESOLt~]D AS FOLL0~S: T~st bonds shall be issued upon the securlty of said unpaid assessments to said amount of Two Thousand, Eight Hundred, Ninety-seven & 29/100 D~t]~rs The said sh~]] be dated the bonds shall be Ten (10) l~th day of June, 1924, in number and and bear interest at the rate of Six (6) per cent per annum, and the denomina- tlon of said bonds and the date of the respective maturities thereof, shall be as follows: DATE OF [ATURITY SERIES BOND NO. AMOUNT J 1 $ 289.V2 July 2nd, 1925 J 2 289.V3 July End, 1926 J 3 289.~3 July 2nd, 19~V J 4 ~8~.V3 July 2nd, 19~8 J 5 289.V3 July 2nd, 1929 J 6 289.V3 July 2nd, 1930 J V 289.V3 July 2nd, 1931 J 8 289.V3 July ~nd, 1932 J 9 289.V3 July 2nd, 1933 j l0 289.V3 July 2nd, 1934 Total ~2,89V.29 The first coupon of interest shall be for interest from the 5th day of June, 1924, to January 2nd, 1925, and the severs] coupons thereafter sbal! each be for the semi-annual interest and, BE IT E~YRT~ER RESOLVED, that the signature of the Tressurer of the said city upon the coupons attached to the