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being the sum of Eighty-ssven Thousand, Three Hundred Seventy-siX <br />and 94/100 ($87,3?6.94) Dollars, and that assessments numbered 219, <br />282, 327, and 328, aggregating the sum of One Thousand, Four Hundrec <br />Thirty-two and 76/100 ($1,432.76) Dollars have since been paid, and <br />that there now remains unpaid the sum of Eighty-five Thousand, Nine <br />Hundred Forty-four and 18/lO0 ($85,945.1B) Dollars upon the assess- <br />ments shown upon said list. <br /> <br /> Reference is hereby made to Resolution of Intention No. <br />1474 of the Board of Trustees of the City of Santa Ana, passed the <br />30th day of March, 1925, for a complete description of the work <br />herein mentioned, and to the list of unpaid assessments filed as <br />above noted, for the assessments unpaid. <br /> <br /> AND ~?HEREAS, interested persons were notified in the man- <br />ner required by law to appear before the Board of Trustees of the <br />said City of Santa Ana, California, in the Council Chamber of the <br />City Hall of said City9 at the hour of 7:30 o'clock P.M. of Monday, <br />She 25th day of January, 1926, and show cause why bonds should not <br />be issued upon the seuurlty of the unpaid assessments shown on said <br />Street Superintendent's list; and <br /> <br /> WHEREAS, notice was duly given in the manner and form re- <br /> quired by law that serial bonds to represent unpaid assessments <br /> bearing interest at the rate of six (6~) per cent per annum will be <br /> issued hereunder im the manner provided in the "Improvement Bond <br /> Act of 1915", the last installment of which bonds shall mature nine <br /> (9) years from the 2nd day of July next succeeding ten (10) months <br /> from their date. <br /> <br /> And all interested persons having appeared before this <br /> Board of Trustees and having been given full opportunity to show <br /> cause why bonds should not be issued upon the security of the unpai <br /> assessments shown on said list, and all objections presented having <br /> been heard and considered; <br /> <br /> NOW BE IT RESOLVED, that the Board of Trustees does here- <br /> by 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 overruIe all objections thereto, ~nd does hereby direct <br /> the issuance of said bonds, and further <br /> <br /> BE IT RESOLVED ~S FOLLOWS, that bonds shall be issued up- <br /> on the se~u~ity of said unpaid assessments to said amount of Eight- <br /> five Thousand, Nine Hundred Forty-four and 18/lO0 ($85~94~.18) Doll <br /> <br /> That said bonds shall be ninety (90) in number and shall <br /> be da~ed January 2Sth, 1926, and bear interest at the rate of six <br /> (6~) per cent per annum, and the 8enomination of said bonds, and <br /> <br />the dates of the <br /> <br />respective maturities thereof shall be as follows: <br /> <br />Series Bond No. Amount <br /> <br />E-2 1 $1000.00 <br />E-2 2 1000.00 <br />E-2 3 1000.00 <br />E-2 4 1000.00 <br />E-2 5 1000.00 <br />E-2 6 lO00.O0 <br /> <br />Date of Maturit~ <br /> <br />~ly 2nd, 192V <br />July 2nd, 1927 <br />July 2nd, 1927 <br />July 2nd, 1927 <br />July 2nd, 1927 <br />July 2nd, 1927 <br /> <br />?S. <br /> <br /> <br />