1925 (#1403-1607) - Laserfiche WebLink

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AND WITEREAS, interested persons were notif&ed in the manner required by law to ~ppear before the Board of Trustees of the said City of Santa Aris, California, in the Council Chamber of the City Hall of said City, at the hour of V:30 o'clock P.M. of M~nday, the 12th day of January, 1925, and show cause why bonds should not be issued upon the security of the unpaid assessments shown on said Street Superintender~s list; and whereas; at the time set for said hearing on Janu- ary 12th, 1925, there was not s quorum present and no meeting was held or any action taken excepting to continue the hearin in said meeting until the hour of V:30 o'clock P.M. of Januar 19th, 1925; and WNEREAS, notice was duly given in the manner and form required by law that serial bonds to represent unpaid assessments bearing interest at the rate of six (6%) per cent per annum will be issued hereunder in the manner provided in the "Improvement Bond Act of 19~5", the last installment of which bonds shall mature nine (9) years from the 2nd day of July, next succeeding ten (10) months from their date. And all interested persons having s~pesred before this Board of Trustees and having been given full opportunity to show cause why bonds should not be issued upon the securi- ty of the unpaid assessments shown on said list, and all ob- Jections presented having been heard and considered; NOW BE IT RESOLVED, that the Board of Trustees does hereby find and determine that no cause has been shown why bonds should not be issued upon the securlty of said unpaid assessments, and does hereby overrule, all objections thereto, and does hereby direct the issuance of said bonds, and furth~ BE IT RESOLVED AS FOLLOWS, that bonds shall be is- sued uoon the security of said unpaid assessments to said of Sixteen Thousand, Two Hundred Eighty-five and 46/ amount lOOths ($16,285.46) Dollars. That said bonds shall be January 19th, 1925, shall be dated rate of said bonds and the dates twenty (20) in number and and bear interest at the six (6%) per cent per annum, and the d enomlnation of of the respective maturities thereof shall be as follows: SERIES BOND NO. AMOUNT DATE OF MATURITY F-1 1 $1000.00 July 2, 1926 F-] 2 628.54 July 2, 1926 F-1 3 1000.00 July 2~ 192V F-1 4 628.54 July 2, 192V F-1 5 1000.00 July 2, 1928 F-1 6 628.54 July 2, 1928 F-] 7 1000.00 July 2, 1929 F'I 8 628.54 July 2, 1929 F-1 9 1000.00 July 2, 1930 F-1 10 628.55 July 2, 1930