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RESOLUTION NO. 2175
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<br /> IN THE },~TTER OF ACQUISITION AND IMPROVEMENT DISTRICT N0. 3 OF THE CITY OF SANTA ANA.
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<br /> RESOLUTION FIXING TII~E FOR HE~RING UPON ISSUANCE OF BONDS FOR AN ACQUISITION
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<br /> WHEREAS,-in the Matter of Acquisition and Improvement District No. 3 of
<br /> the City of Santa Aha, the Court has heretofore entered its Interlocutory Judgments
<br /> covering all of the respective parcels of land in the action brought to condemn
<br /> the lands sought to be acquired in said proceedings, said action being entitled,
<br /> City of Santa Ana, a .~unicipal Corporation of the Fifth Class, Plaintiff, vs.
<br /> Alice N. Perkins, et al, Defendants, (Superior Court Case No. 25128), and the City
<br /> Attorney has filed his Report with this City Council on the 10th day of Narch, 1930
<br /> setting forth the amounts necessary for the payment of said Interlocutory Judgments
<br /> and all costs and expenses chargeable to the plaintiff therein, and the amount of
<br /> incidental expenses of the proceedings; and
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<br /> ~qEREAS, the total amount for which it is necessary that bonds of the
<br /> said district be issued and sold in order to complete the acquisitions described
<br /> in the Resolution of Intention adopted by this City Council in the said proceeding
<br /> on the 1st day of 0ctober, 1928, is the sum of Sixty-six Thousand Nine Hundred
<br /> Sixth three and ~5/100 Dollars (~88,983.~), and it is the intention of this City
<br /> Council to order that bonds of said district be issued and sold in said amount for
<br /> said purpose.
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<br /> NOW, THEREFORE, BE IT RESOLV~ BY THE CITY COUNCIL OF THE CITY OF SANTA
<br /> ANA AS FOLLOWS, T0-WIT:
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<br /> That Nonday, the 2~th day of ~arch, 19~0, at the hour of ?:30 o'clock
<br />P.~. is the time and the Chambers of the City Council of the City of Santa Ana, in
<br />the City Hall of the City of Santa Aha, State of California, is the place hereby
<br />fixed for a hearmng upon the issuance of bonds in the total amount of
<br />against the lands in the assesement district in Acquisition and ImprOvement Districi
<br />No. $ of the City of Santa Ana, for the purpose of obtainin~ the amount required
<br />to pay the respective Interlocutory Judgment~ in the action brought? to condemn
<br />the property sought to be taken, all costs and expenses chargeable to the plaintiff
<br />in said action, and all incidental expenses incurred in the proceedings for the
<br />above named district, and for the purpose of furnishing an opportunity to all
<br />persons owning lands within the said district, or otherwise interested, and f~eling
<br />aggrieved by any act or determination done or made in the proceedings for said
<br />district, or claiming that arch of the previous acts or determinations or proceed-
<br />ings are irregular, defective, erroneous or faulty, or having any objections to
<br />offer, or any reason to advance why said bonds should not.be issued and sold in
<br />said amount, and for said purpose, to appear before this City Council and be heard
<br />upon any of the above mentioned matt~ms.
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<br /> Said bonds proposed to be issued in the amount and for the purpose
<br />aforesaid, will be issued under and in pursuance of the provisions of the Acquisiti¢
<br />and Improvement Act of 1925, and amen~nents thereto, and shall bear interest at
<br />the rate of seven percent per annum, payable semi-annually, and the aggregate
<br />principaI of all bonds issued shall be paid and discharged within thirteen (1S)
<br />years after the date of issuance, approximately one-tenth part of such aggregate
<br />principal to be paid annually, all in gold coin. (The first payment on the
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