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HomeMy Public PortalAbout1333 (07-01-41) ,, ..� : , RESOZUTION N0. 1333. � A 13ESOLUTION OF THE CITY COUIdCIL OF � : - TFIE CI`PY OF LYNVd00D DETERT�iTNI13G THAT. � ' � -THE PUBLIC INTEREST, CONVENI�DTCE FAI D _ � `Nr�CESSITY REQUIRE TEE Rr.FUN1�3NG OF TI3E ' ... - INDEBTEANESS OF LYNiV00D ACQUISITION.AND TMPROVEMt�NT DISTRICTS NOS. 17� 18, 20� 22, 23 and 28, and LYICWOOD NNNICIPAL `' IMPROVEia'P�NT DISTRICT N0. 1, AIdD RE�UES- � TING TI3E CONS�IFP OF TI3� CITY COUNCIL OF TH� CITY OF SQUTH GA`PE AidD `PE� BOARD OF . . SUPERVISORS OF TAE COUl'dTY 0�' I;OS ANGELES -- TO S6Ill REFUNDING. 'JVH�Rr`�S, the public interest, converiience and necessity re- �� quire the refunding of the indebtednesa o£ Lynwood �cquisition and.Im- provement.Districts Nos. 17,.18,. 20, 22, 23 and 28, and I,gn�rood Munici- pal Improvement District No, 1; and . : tiY'rI�„R��AS, said acquisition and Tmprovement. District No. 18 " lies partially in the City op Lyriwood, partially in tho City oP South , Gate and partlally-in the County o`f Los Angeles; and �VHEREAS, said �cquisition and Improvement Districts Nos. 17, 20, and 28 13e partially in the City of Lynwood and partially in the ' Citg of South Gate; and` ' �4VHEREAS, the Board of Supervisors of the Gounty of Los An- , gelea levies the special assessment taxes for the payruent of principal and intereat oP tha bonds�of said Acquisltion.and Improvement vistricts Nos. 17; 18, 20, and and• ., �. '. , , -' tiNF3�'REAS; it is proposed by�the City Council of. the City of Lynwood that.the indebtedness of all of the aYoresaid districta sha7:1 be refunded in a multiple proceeding under the Assessment Bond Re- ` - ,. � , _. funding �et o£ 1933, as amended; and ', ifJHEREaS, a form of 8esolution oP Intention.£on the refunding .of the indebtedness of said distri'eta, complete exeept for the date _ of hearing, has been filed with the C]erk oP this legislative body this day of , 1941; , , NOW, THEREFOH: , THr, CZTY GOUivGIL OF THE CITY OF LYN4JOOD, CALIFORNIA, DOES FIEREBY RESOLVE AND D�TliRNtINF. AS FOLLO`aV5: _ _ � -1- . r Section 1. That tha public interests, convenience and necessity require the refunding of.the indebtednesa of Lynmood Acqui- sition and Improvement Districts Nos. 17, 18, 20, 22, 23 and 28 and Lynwood Municipal Improvement District No. l in a multiple proceeding, under the provisions of the Assessment Bond Reftiinding Act oP 1933, as amended. Section 2. That this City Council proposes to conduc,t the , • � proceedings to refund the indebtedness of said diatricts and proposea to adopt, after inserting an appropriate date of nearing, a Reso- : lution oi Intention filed t'r_e da,y of , 1941. Section 3. That this City Council hereby requeats tne con- sent of tne City Council of the City of South Gate (in whicn munici- pal3ty portiona of said Acquisition and Improvement Districts 17, 18, 20, and 28 lie) and the eonsent o£ the Board of Supervisora.of the County of Los An�eles (that being the lagislative body which levies the assessments for the payment of princ�pal �nd interost of the bonds of said Lyntiood Acquisition and Improvement Districts 17, 18, 20 and I 2II; also a portion of said Acquisition and Improvement District 18 � lies in unincorporated territor3 of said County), to the refundin� of the indebtedness of ail of the aforesaid districts under the afore- said act and to tha levying oP e reassessment there£or. Said legis- lative bodies are requested to expreas their respactive eonaenta by resolution, a certified copy of which ahall be Piled with the Clerk oP this City of Lynurood. Section 4. 2'he Clerk of this City Coui�cSl,is hereby di- rected to make certified�copies of this resolution and attach to each thereof a cartified copy of said form of Resolution o£ Intsntion filed the day of , 1941, and to file orie of said cer- tified copies �vith the Board o� Supervisors of the County of Los An- geles and one �ith the City Council of the City oP South Gate. _ � , _ �' _ APPROVrD ANU ADOPTED this ///�/ day oF , 1941. / � � �`� � Mayor „ _.. .W �- , �� � ��:_,---. t� � �- - , _ . � AT�'EST: : � . , �.., � . � � '�. - j ;� • � City Clerk o£,the City of ood, Californis � � � � . � . -3� , � . �. . ., , ' .; ., ` y�' `� , f n � u ��'+ . , � n' . �:.. .." ,. }.f: i . .'� � . � � � . : - y . . . i .;' . a . �'.. � . - �3- Qt � E� i (. � A M . �� ` f � �J. . �M1 L� , : T _ . M1 . �. ' i Y 3 :�Y; .' � x ���• � �� .N - � �� � h` ". { � .� y . A .� �- � ... f�' - t ., } '�, • � e" � . ' r +^ } .\ . . � '. . . L 1 .• . v >��� � . r r �� ; ' ' .� r � ,' '." ; ,�: �: } ,: STATE OF CF,T.,I�OFNTA .": ) �-F . ` � COUNTY OF LOS.i�N� �ES': ss.:+;' ' 'CITY'�OF,LY-AP+JOOD " �'- ': x ` ., f ,. .. �. � ,�'. . . ... �. , �- � � . . _ .. � . ... ,. ,.' . ""�, �'.,' :, I, tkie undersi�ne;d `City �Clerk ,of the'.:City of ,'fi , v , , . , , •r . .. :.' � . , - z � ` �,. _. . . , � .. ,. . . , - , . . , , ... °' . ,. _ � Lynwood; do heTeby certif,y. .'that the a.bove and: forego'ing ; , "Resolution was'"dul+� aclopted by the City Council. of sald � ,. ; . - , ,, ,. , ,� Cit,� at a -� 5 -,_ �regu,lar' meetin�; thereof held;� in �,.� ,. R „ . . .., . � the City Hall .of 9aia�� City; : on the; lst �: day of, ' . . , .. _, , . :� . : . „ , ,,4 ... � — ���; '`Jul,y`, °,' 1941, , an�:�passe"d by�the folTowing vote . ^ , , � t , . ,, : , .-. •, ' . ... ; , , _ '- AYES: COUNCILP Lake.: Zimmerman Und Meyer '� • • << . - , �, ,, . . . .. . , . , ,; . ; ,, , . , _ ;. . . _ ..'.. ` . . , . . .'� . ` .. . 4i . .. ... . r� i . � �:' . .. ....,.. . . .. . �. � . � .� � � . . . . .. . , NOES: COtiNCILi�aN: 'Non"e• `'� ;: ., _ . ; ,� r , � ..��'�'�`�F�� Fh ' ABSEN: COUNCILu.EN Christensen and P.4eMeekin ? �� � � � d'��� � ^h .� lT � � • Y. _ ' . . � � {1X� Y. �.*.��^� +' �,a�T tt ". v:a �. 3 '� Y ;'a` � i y �� y �t �T� �'�' � a�.. i .: t� t. "�� F ' � �' wn� y . � ;c�{ i 2 � ' 4 . + ' j � i f � �:� �r,.w� �.. n � 4 � . 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