1931 (#2272-2325) - Laserfiche WebLink

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22,1 will be issued under and in pursuance of the provisions of the Acquisition and ~mprovement Act o~ 1925, and amendments thereto, and shall bear interest at the rate of seven percent par annum, payable semi-annually, and the aggregate principal of all bonds issued shall be paid and discharged within thirteen (13) years after the date of issuance, approximately one-tenth of such aggregate principal to be paid monthly, all in gold coin. (The first payment on the aggregate principal of the bonds issued will be made three (3) years after the issuance thereof). A special fund for the payment of said bonds will be constitut by the levy of special assessment taxes upon the lands within the Assessment District, according to the assessed value of said lands, exclusive of the improve- ments thereon, and in the manner provided by the provisions of said Act. The Clerk of this City Council shall prepare and sign a notice of the above mentioned hearing, and shall cause the same to be published by at least two insertions in the Santa Ana Daily Evening Register, the newspaper designated in the Resolution of Intention in the above entitled matter, and shall cause a copy of said notice to be posted and kept posted for at least two days on or near the Chamber door of this City Council, the date of the first publication and that of said posting to be not less than ten (10) days before the date fixed herein for said hearing. I hereby certify that the foregoing Resolution was regularly introduced and adopted by the City CouncXi of the City of Santa Aha at an adjourned regular meeting thereof, held on the 27th day of July, 1931, by the followin~ vote, to-wit AYES, TRUSTEES: NOES, TRUSTEES: ABSENT, TRUBTEE: E.G.Warner, Paul B. Witmer, A.C.HasenJaeger, J.L.McBride None John Knox (SEAL). ATTEST: E.L. Ve~ely. City Clerk and Ex-Officio Clerk of the City Council of the City of Santa Ana. ed