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RESOLUTION NO. 2275
<br />
<br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA
<br />ANA, CALIFORNIA, RELATING TO THE ISSUANCE OF STREET
<br />IMPROVEMENT B0~S, PURSUANT TO RESOLUTION OF INTENTION
<br />NO. 2~89; DETERMINING THE AMOUNT OF UNPAID ASSESSMENTS;
<br />PRESCRIBING THE DENOMINATIOM OF SUCH BONDS AND PRO-
<br />VIDING FOR THEIR ISSUANCE IN ANNUAL SERIES.
<br />
<br /> WHEREAS, pursuant to Statute, notice of the filing of list of unpaid assess-
<br />ments was duly given in the manner and form required by law, that the warrant, assess-
<br />ment and diagram was reco?ded on the 18th day of November, 1930, for the work and
<br />improvement made by the Drainage Construction Company, under that certain contract
<br />awarded to it on the 16th day of June,~1930, upon Main Street, Cypress Avenue, Orange
<br />Avenue, Maple Street, Neasor Street, Halladay Street, Evergreen Street, St. Andrew's
<br />Place, St. Gertrude's Place, Delhi Road, Flora Street, Central Avenue, Adams Street,
<br />Emmett Street, Goetz Avenue, Dyer Road, Anmhurst Place, and certain rights of way, and
<br />a certain parcel of City property, as set forth in Resolution of Intention No. 2189;
<br />and that said warrant, assessment and diagram were returned to the Street Superintend-
<br />ent of said City, together with a written statement of all payments received upon the
<br />said assessment; and after the full expiration of thirty (30) days after the date of
<br />recording of said warrant~ the said Street Superintendent duly made and filed with the
<br />City Clerk of said City of Santa Ana, a complete list of all assessments unpaid upon
<br />the said assessment, which list is now on file in the office of the City Clerk of said
<br />City; now upon evidence shown, this City Council determines that the assessments
<br />therein mentioned were th~en unpaid, the total aggregate thereof being the sum of
<br />Fifty-five Thousand Four Hundred Thirty-eight and 42/100 Dollars (~55,438.42), and that
<br />no assessments have been paid since the filing of the list of unpaid assessments by
<br />the Street Superintendent', and that there now remains u~paid the sum of Fmfty-_.mve
<br />Thousand Four Hundred Thirty-eight and 4~/100 Dollars (!~55,438.42) , upon the assess-
<br />ments shown upon said list.
<br />
<br /> Reference is hereby made to the Resolution of Intention No. ~189 of the City
<br />Council of the City of Santa Aha, passed on the 28th day of April, 1930, for a con~lete
<br />description of the work h'erein mentioned, and to the list of unpaid assessments filed
<br />as above stated for the a~ssessments unpaid; and
<br />
<br /> %~EREAS, intere'sted persons were notified in the manner required by law to
<br />appear before the City Council in the Council Chamber of the City Hall of said City
<br />at the hour of 7:30 o'clock P.M. on ~onday, the 5th ~ay of January, 19~1, and show
<br />cause, why bonds should not be issued upon the security of the unpaid assessments shown
<br />on the ~treet 3uperinten~ent's list; and
<br />
<br /> %THEREAS, notice was duly given in the manner and form required by law, that
<br />serial bonds to represent unpaid assessments bearing interest at the rate of six percent
<br />per annum will be issued hereunder in the manner provided in the "Improvement Bond Act
<br />of 1915", the last installment of which bonds shall mature nine years from the 2nd day
<br />of July, next succeeding ten (10) months from their date; and ali. interested per~ons
<br />having appeared before this City Council and having been given a full opportunity to
<br />show cause why bonds should not be issued upon the security of the unpaid assessments
<br />shown on said list, and all objections pre~ented having been heard and considered.
<br />
<br /> IT IS THEREFORE NOW BY THE CITY COUNCIL OF THE CITY OF SANT~ ANA DETERMINED,
<br />RESOLVID AND ORDERED AS FOLLOWS: That no cause has been shown why bonds should not be
<br />issued upon the security of said unpaid assessments, and does hereby overrule all
<br />objections thereto, and does hereby direct the issuance of said bonds; ~d further,
<br />
<br /> BE IT RESOLVED AS FOLLOWS: That bonds shall be issued upon the security of
<br />said u~paid assessments to said amount of Fifty-five Thousand Four Hundred Thirty-eight
<br />and 42/100 Dollars (,i~55,438.42).
<br />
<br /> That said bonds shall be sixty (60) in number and shall be dated January 5,
<br />1931, and bear interest at the rate of six percent per ann~m, and the denomination of
<br />Said bonds, and the date of respective maturity thereof shall be as follows:
<br />
<br />SERIES B01rD NO. A~0UNT
<br />
<br />DATE 0F MATURITY
<br />
<br />0-4 1 ~ 1,000o00 July 2nd, 1932
<br />0-4 2 1,000.00 1932
<br />0-4 3 1,O00.O0 1932
<br />0-4 4 1,O00.O0 1932
<br />0-4 5 1,O00oO0 1932
<br />0-4 6 543.84 1932
<br />
<br />0-4 7 1,000.00 1933
<br />0-4 8 1,000.00 1933
<br />0-4 9 1,000.00 1933
<br />0-4 10 1,000.00 1933
<br />0-4 ll 1,000oO0 1933
<br />0-4 12 543.84 1933
<br />
<br />0-4 13 1,000.00 1934
<br />0-4 14 1,000.00 1934
<br />0-4 15 1~000.00 1934
<br />0-4 16 1,000.00 1934
<br />0-4 17 1,000.00 1934
<br />0-4 18 543.84 1934
<br />
<br />0-4 19 1,000.00 1935
<br />0-4 20 1~000.00 1935
<br />0-4 21 1,000.00 1935
<br />0-4 22 1,000.00 1935
<br />0-4 23 1,000.00 1935
<br />0-4 24 543.84 1935
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