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RESOLUTION NO. 2319
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<br /> IN THE MATTER OF ACQUISITION AND IMPROVEMENT DISTRICT NO. 7 OF THE CITY OF SANTA ANAo
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<br /> R~SOLUTION FIXING TIME FOR I~EARING UPON ISSUANCE OF BONDS FOR AN ACQUISITION
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<br /> WHEREAS, in the Matter of Acquisition and Improvement District No. 7 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 Municipal Corporation of the Fifth Class, plaintiff, vs.
<br /> WILLIAM WAGNER, ET AL, Defendants, (Superior Court, Case No. 27242), and the City
<br /> Attorney has filed his Report with this City CoUncil on the 27th day of July,
<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
<br />
<br /> wHEREAs, 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 /> the Resolution of Intention No. 2154 adopted by the City Council in the said pro-
<br /> ceedings on the 21st day of April, 1930, is the sum of $36,$61.89, and it is the
<br /> intention of this City Council to order that bonds of said district be issued and
<br /> sold in said amount for said purpose:
<br />
<br /> NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Santa
<br /> Ana, as follows, to-wit:
<br />
<br /> That Monday, the 31st day of August, 198l, at the hour of ~:30 P.M. is
<br />the time, and the Chambers of the City Council of the City of Santa Ana, in the
<br />City Hall of the City of Santa Ana, State of California, is the place hereby
<br />fixed for a hearing upon the issuance of bonds in the total amount of $88,861.8~,
<br />against the lands in the assessment district in Acquisition and Improvement
<br />District No. ? of the City of Santa Aha, for the purpose of obtaining the amount
<br />required to pay the respective Interlocutory Judgments in the action brought to
<br />condemn the property sought to be taken, all costs and expenses chargeable to the
<br />plaintiff in said action, and all incidental expenses incurred in the proceedings
<br />for the above named district, and for the purpose of furnishing an opportunity to
<br />all persons owning lands within the said district, or otherwise interested, and
<br />feeling aggrieved by any act or determination done or made in the proceedings for
<br />said district, or claiming that any of the previous acts or determinations or pro-
<br />ceedings are irregular, defective, erroneous or faulty, or having any objections
<br />to 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
<br />heard upon any of the above mentioned matters.
<br />
<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 Acquisitio~
<br />and Improvement Act of 1~25, and amendments thereto, and shall beam interest at
<br />the rate of seven per cent per annum, payable semi-annually, and the aggregate
<br />principal of all bonds issued shall be paid and discharged within thirteen (13)
<br />years after the date of issuance, approximately one-tenth of such aggregate
<br />principal to be paid monthly, all in gold coin. (The first payment on the
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