1926 (#1608-1715) - Laserfiche WebLink

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Reference is hereby made to Resolution of Intention No. 1547 of the Board of Trustees of the City of Santa Ana, Oassed the 3rd day of August, 1925, for a complete description of the work here in mentioned, and to the list of unpaid assessments filed as above noted, for the assessments unpaid. AND YMtEREAS, interested persons were notified in the man- ner required by law to appear before the Board of Trustees of the said City of S~nta Ana, City Hall of said City, the 25th day of January, California, in the Council Chamber of the at the hour of 7:30 o'clock P.M. of ~onday, 1926, and show cause why bonds should not be issued upon the security of the unpaid assessments shown on said Street Superintendent's list; and WHEREAS~ notice was duly given in the manner and form re- quired by law that serial bonds to represent unpaid assessments bear ing interest at the rate of six (6~) per cent per annum will be is- sued hereunder in the manner provided in the "Improvement Bond Act of 1915", 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 appeared before this Board of Trustees and having been given full opportunity to show cause why bonds should not be issued upon the security of the unpaid assessments shown on said list, and all objections presented having been heard and considered; NOW BE IT RESOLVED, that the Board of Trustees does hereb find and determine ~hat no cause has been shown why bonds should not! be issued upon the security of said unpaid assessments, and does hereby overrule all objections thereto, and does hereby direct the issuance of said bonds, and further BE IT RESOLVED AS FOLLOWS, that bonds shall be issued upon the security of said unpaid assessments to said amount of Two Thou- sand, Five Hundred Seventy-three and 47/100 ($2,573.47) Dollars. That said bonds shall be ten (10) in number and shall be dated January 25th, 1928, and bear interest at the rate of six (6~) per cent per annum, and the denomination of said bonds, and the dates of the respective maturities thereof shall be as follows: Series Bond No. Amount Date of Maturity D-2 1 $ 257.34 July 2nd, 1927 D-2 2 257.34 July 2nd, 1928 D-2 3 257.34 July End, 1929 D-2 4 257.35 July 2nd, 1930 D-2 5 257.35 July 2nd, 1931 D-2 6 257.35 July 2nd, 1932 D-2 V 257.35 July 2nd, 1933 D-2 8 25V.35 July 2nd, 1934 D-2 9 257.35 July 2nd, 1935 D-2 10 257.35 July 2nds 1936 The first coupon of interest shall be for interest from January 14th, 1926, to January 2nd, 1927, and the several coupons thereafter shall bach be for the semi-annual interest; and BE IT FURTHER RESOLVED, that the signature of the