1926 (#1608-1715) - Laserfiche WebLink

Home Browse Search

Clerk of said City, now upon evidence shown this Board determines that the assessments therein mentioned were then unpaid, the total aggregate thereof being the sb~n of Three Thousand, Two Hundred Thirty-one and 83/100 ($3,231.83) Dollars, and that no assessments have since been paid, and that there now remains unpaid the sum of Three Thousand, Two Hundred Thirty-one and 83/100 ($3,231.83) Dol- lars upon the assessments shown upon said list. Reference is hereby made to Resolution of Intention No. 1526 of the Board of Trustees of the City of Santa Ana, passed the 15th day of June, 1925, for a complete description of the work here mentioned, and to the list of unpaid assessments filed as above noted, for the assessments unpaid. AND ~VHEREAS, interested persons were notified in the man- ner required by law to appear before the Beard of TrUstees of the said City of Santa Ana, California, in the Council Chamber of the City Hall of said City, at the hour of 7:30 otclock ?.M. of Monday, i the 8th day of FebrUary, 1926, and show cause why bonds should not be issued upon the security of the unpaid assessments shown on the Street Superinte~dent's list; and WHEREAS, notice was duly given in the manner and form re- quired 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 ofl915", 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 seeurity of the unpai. 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 dete~ine that no cause has been shown why bonds~should no be issued upon the security of said unpaid assessments, and does hereby ~errule all objections thereto, and does hereby direct the issuance of said bonds, and further BE IT RESOLd'ED AS FOLLOWS; that bonds shall be issued upon the security of said unpaid assessments to said amount of Thre~ Thousand, Two Hundred Thirty-one and 83/100 ($3,231.83) Dollars. That said bonds shall be ten (10) in number and shall be dated FebrUary 8th, 1926, 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 Maturit~ F-2 #1 $323.18 July 2, 1927 F-2 2 323.18 July 2, 1928 F-2 3 323.18 July 2, 1929 F-2 4 323.18 July 2, 1930 ~.~, ~. ?~, ~'~,~, ~ wa~'~'~n~ ~n Dne term an~ manner required 109 .n