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RESOLUTION NO. 74-186 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA, CALIFORNIA, ORDERING THE WORK AND IMPROVEMENT TOGETHER WITH APPURTENANCES AND APPURTENANT WORK IN ASSESSMENT DISTRICT NO. 237 (QUIGLEY LANE), IN THE CITY OF SANTA ANA. THE CITY COUNCIL OF THE CITY OF SANTA ANA, CALIFORNIA, pursuant to the provisions of the "Improvement Act of 1911", being Parts 1, 2 and 3 of Division 7 of the Streets and Highways Code of the State of California, DOES HEREBY RESOLVE AS FOLLOWS: That the public interest and convenience require the work and improvement hereinafter mentioned to be done, and therefore the said City Council hereby orders the following work to be done and improvements to be made, to wit: The construction of a sanitary sewer line together with appurtenances and appurtenant work generally to serve properties on the west side of QUIGLEY LANE (private street) in what is designated as ASSESSMENT DISTRICT NO. 237 (QUIGLEY LANE). For further particulars reference is hereby made to said Resolution of Intention No. 74-168 and to the plans and drawings for said improvement on file in the Office of the City Engineer and the City Clerk of said City, and to the specifications for said work heretofore adopted by said City Council and on file in the Office of the City Engineer and the City Clerk of said City, and all of said plans, drawings and specifications heretofore approved by the City Council of said City are incorporated herein and made a part hereof and reference is hereby made thereto for a more particular description of said work. Said City Council has determined and declared that the con- templated work and improvement heretofore mentioned was in the opinion of said City Council of more than local or ordinary public benefit, and said City Council has made the expense of said work chargeable upon a district. For a particular description of said district, reference is hereby made to said Resolution of Intention No. 74-168. Said City Council has determined and declared that Serial Bonds bearing interest at the rate of seven and one-half percent (7-1/2%) per annum and extending over a period ending nine (9) years from the 2nd day of January next succeeding the next September 1st following their date, will be issued hereunder in the manner pro- vided by the "Improvement Act of 1911," being Part 5 of Division 7 of the Streets and Highways Code of the State of California, to represent each assessment of Fifty Dollars ($50.00) or more, re- maining unpaid for thirty (30) days after date of mailing by the contractor or his assigns of the statement to property owners pur- suant to Section 5390 of the Streets and Highways Code. Ail of the work herein ordered shall be done and carried through pursuant to an Act of the Legislature of the State of California designated the "Improvement Act of 1911," being Parts 1, 2 and 3 of Division 7 of the Streets and Highways Code. Said bonds shall include a redemption provision providing that a premium of five percent (5%) on the unmatured principal