1929 (#2053-2158) - Laserfiche WebLink

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RE~OL~TkIONNO. ~150 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA, CALIFORNIA, RELATING ~0 THE ISSUANCE OF STREET IMPROVEF~ENT BONDS PURSUANT TO RESOLUTION OF INTENTION NO. 20~2~ DETE/~J~INI~G THE A~OLrNT OF UNPAID ASSESSF~ENTS; PRESCRIBING THE DENOMINATION OF SUCH BONDS AND PROVIDING FOR THEIR ISSUANCE IN AN/~JAL SERIES. WHEREAS, pursuant to statute, notice of filing list of unpaid assessment~ was duly given in the manner and form~ required ny law~ that the warrant, assess- menS and diagram was recorded on the 20th day of August, 1929, for the work and improvement made by the Griffith Company, under that certain contract awarded to it on the 25th day of March, 1929, upon Sycamore Street, between the South line of Washington Avenue and the center line of Seventeenth Street, as set forth in Resolution of Intention No. 2072; that said warrant, assessment and diagram were returned to the Street Superintendent of said City, together with a written statement of all payments_received upon the said assessment; and after the full expiratio~ of thirty (30) days after the date of the recording of said warrant, the said Street Superintendent duly made and filed with the City Clerk of the said City of Santa Ana, a complete list of all assessments unpaid upon the said assess- ment, which list is now on file in the office of the City Clerk of said City; now upon evidence shown~ this City Council determines that the assessments therein mentioned were then unpaid, the total aggregate thereof being the sum of Fifteen Thousand Four Hundred forty-five and 3/100 Dollars, $15,445.03), and that there have been paid since the filing of the list of unpaid assessments by the Street Superintendent the following assessments, to-wit: Assessment No. 6 for $823.79~ and Assessment No. 50 for $2.93; and that there now remains unpaid the sum of Foumteen Thousand Six Hundred Eighteen and 31/100 Dollars ($14,618.31) upon the assessments shown upon said list. Reference is hereby made to Resolution of Intention No. 2072 of the City Council of the City of Santa Ana, passed on the 18th day of February, 1929, for a complete description of the work herein mentioned, and to the list of unpaid assessments filed as above stated for the assessments unpaid; and WHEREAS~ Interested persons were notified in the manner required by law to appear before the City Council in the Council Chamber of the City Hall of said City at the ho~r of 7:30 o{clock P.M. on Monday, the 7th day of October, 1929, and show cause why bonds should not be issued upon the security of the unpaid assess- ments shown on the Street Superintendent's list; and WHEREAS, notice was duly given in the manner and for~n required by law~ that serial bonds to represent unpaid assessments bearing interest at the rate of six per cent per annum will be issued hereunder in the manner provided in the "Improvement Bond Act of 1915", the last installment of which bonds shall mature nine years from the ~nd day of July~ next succeeding ten (10) months from their date, and all interested persons having appeared before this City Co.uncil and having been given a ~mll 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. IT IS THEREFORE NOW BY THE CITY COUNCIL OF THE CITY OF SANTA ANA DETER~IE RESOLVED AND ORDERED AS FOLLOWS: That no cause has been shown why bonds should