1931 (#2272-2325) - Laserfiche WebLink

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IN THE MATTER OF ACQUISITION AND IEPROVEMENT DISTRICT NO. 4 OF THE CITY 0F SANTA ANA N0~ 2281o RESOLUTION FIXING TII~ FOR HEARING UPON ISSUANCE OF BOND~ FOR AN ACQUISITION ~EREAS, In the Matter of Acquisition and Improvement District No. 4 of the City of Santa Ana, the Court entered its interlocutory Judgments covering all of the respective parcels of land in the action brought to condemn the lands sought to be acquired in said proceedings, said action being entitled, City of Santa Ana, a Municipal Corporation of the Fifth Class, vs. Restop Realty Company, a Corporation, et al (Superior Court Case No. 28578), and the City Attorney has filed his report with this City Council on the 19th day of January, 1951, setting forth the amounts necessary for the pa??ment of said interlocutory Judgments and all costs and expenses chargeable to the plaintiff therein and the amount of incidental expenses of the proceedings; and WHEREAS, the total amount for which it is necessary that bonds of the said district be issued and sold in order to complete the acquisitions described l the Resolution of Intention adopted by this City Council in the said proceedings on the 4th day of November, 1929, is the sum of Thirty-one Thousand Eight Hundred Fifty-five and 99/100 Dollars ($51,888.99), and it is the intention of this City Council to order that bonds of said district be issued and sold in said amount for said purpose. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Santa Ana, as follows, to-wit: That the 2nd day of February, 1951, at the hour of 7:50 otclock .P.M. is the time and the Chambers of the City Counci% of the City of Santa Ana, in the City Hall of the City of Santa Ana, State of California, is the place hereby fixed for a hearing upon the issuance of bonds in the total amount of ~51,8S$.99 against the lands in the Assessment District, In Acquisition and Improvement District No. of the City of Santa Ana, for the purpose of obtaining the amount required to pay respective interlocutory judgments in the action brought to condemn the property sought to be taken, all costs and expenses chargeable to the plaintiff in said action, and all incidental expenses incurred in the proceedings for the above named district, and for the purpose oS furnishing an opportunity to all persons owning lands within the said district, or otherwise interested, and felling aggrieved by any act or determination done or made in the proceeding for said district, or claiming that any of the previous acts or d~terminations, or proceed- ings are irregular, defective, erroneous or faulty, or having any objections to offer or any reason to advance why said bonds should not be issued and sold in s~i, amount and for said purpose, to appear before this City Council and be heard upon any of the above mentioned matters. Said bonds proposed to be issued in the amount and for the purpose aforesaid will be issued under and in pursuance of the provisions of the Acquisiti~ and Improvement Act of 19~, and amendments thereto, and shall bear interest at a maximum rate of intere~t which shall not exceed eight percent per ann~n, pay~ble semi-annually, the exact rate of interest at which said bonds are to be issued and sold. to be determined at the sale of such bonds, and the aggregate principal le