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NOW BE IT RESOLVED that the Board of TElstees does
<br />
<br />find and determine that no cause has been shown why bonds should
<br />not be issued upon~ the security of said unpaid assessments, and
<br />does hereby overrule all objections thereto, and does hereby direct
<br />the issuance of said bonds, and further
<br />
<br /> BE IT RESOLVED AS FOLLOWS, that bonds shall be issued
<br />upon the security of said unpaid assessments to said amount of El
<br />
<br />Thousand, Eight Hundred Thirty-eight and 13/lO0 ($8,838.13) Dollar~
<br /> That said bonds shall be twenty (20) in number, and shall
<br />
<br />be dated January 18th, 1926, and bear interest at the rate of six
<br />(6%) per cent per annum, and the denomination of said bonds, and
<br />
<br />the dates of the respective maturities thereof shall be as follows:
<br />
<br /> Series Bond No. Amount Date of Maturity
<br />
<br /> C-2 1 $ 500.00 July 2nd, 1927
<br /> C-2 2 383.81 July 2nd, 1927
<br />
<br /> C-2 3 500.00 July 2nd, 1928
<br /> C-2 4 383.81 July 2nd, 1928
<br />
<br /> C-2 5 500.00 July 2nd, 1929
<br /> C-2 6 383.81 July 2nd, 1929
<br />
<br /> C-2 ~ 500.00 July 2nd, 1930
<br /> C-2 S 383.81 July 2nd, 1930
<br />
<br /> C-2 9 500.00 July 2nd, 1931
<br /> C-2 10 3~3.81 July 2nd, 1931
<br />
<br /> C-2 11 500.00 July 2nd, 1932
<br /> C-2 12 383.81 July 2nd, 1932
<br />
<br /> C-2 13 800.00 July 2nd, 1933
<br /> C-2 14 383.81 July 2nd, 1933
<br />
<br /> C-2 15 800.00 July 2nd, 1934
<br /> C-2 16 383.82 July 2nd, 1934
<br />
<br /> C-2 17 800.00 July 2nd, 1935
<br /> C-2 18 383.82 July 2nd, 1935
<br />
<br /> C-2 19 500.00 July ~d, 1936
<br /> C-2 20 383.82 July 2nd, 1936
<br />
<br /> The first coupon of interest shall be for interest from
<br />December 29th, 1925, to January 2nd, 1927, and the several coupons
<br />thereafter shall each be for the semi-annual interest; and
<br />
<br /> BE IT FURTHER RESOLVED, that the signature of the Treasu-
<br />ret of said City upon the coupons attached to said bonds shall be
<br />Lt~thographed or printed signature in place of a signature by hand;
<br />and
<br />
<br /> BE IT ALSO FURTHER RESOLVED, that the City Clerk of said
<br />City of Santa &ua, be, and he is hereby authorized and directed to
<br />deliver forthwith the bonds hereinabove enumerated to the contracto~
<br />Ralph E. Welch, in satisfaction of the balance due upon his assess-
<br />ment and diagram.
<br />
<br /> I hereby certify that the foregoing Resolution was duly
<br />and regularly passed by the Board of Trustees of the City of Santa
<br />&ua at a regular meeting thereof held on the 1Sth day of January,
<br />1926, by the following vote, to-wit:
<br />
<br /> Ayes, Tr~astees C.H. Chapman, Geo McPhee, E.B. Collier,
<br /> Stanley E. Goodg, F.L. Purinton
<br />
<br />
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