HomeMy Public PortalAbout1353 (09-11-41) , � RESOLUTION,NO, 1353
� A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF LYNW�QD, COUNTY OF LOS ANGELES, '
STATE OF CALIFORNIA, DECLARTNG ITS INTEN_
. TION TO REFUND�THE INDEBTEDNESS OF LYNWOOD .
ACQUISITION AND DISPRICTS NOS.
17, 18, 20, 22, 23 AND 28, AND LYNtiN00D
P4UNICIPAL IMPROVEIu�ENT DISTRICT N0. 1 IN
ONE PROCEEDING UNDER A,NNLTTPLE DI5TRICT
REFUNDING PROCEEDING ACCORDING TO THE PRO-
VISIONS OF'THE ASSE55PBENT BOND REFUNDING
� ACT OF� 1933,. AS APdENDED, _
WHERr.AS, the City Council oP the said City of Lynwood hae
heretofore,. by•resolution, determined that the public interest,
convenience; and necessity require the refunding by the City of
Lynwood oY the indebtednesa of Lynwood Acquisition and Improve-
ment Districts Nos. 17, 18, 20, 22,. 23 and 28, and Lyn�vood Nlun-.
icipal Improvement District No. l�under one proceeding known as
a multiple district refunding proceeding; in accordance with the
provisions of the Assessment Sond Refunding Act of 1933, as amend-
" ed; and '
� YIHEREAS, said Acquisition and Improvement District No. 17
overlaps Districts Nos. 18, 23 and 28; said District No. 18 over-
laps Districts Nos. 17 20, 22, 23, 28 and Lynwood Municipal 2m-
provement District No:, l; said District No. 20 overlaps District
No. 18; said•District.No. 22 overlaps Diatrict No. 18 and Munici-
' pa1.-lmprovement District No. 1; said District.No. 28 overlaps
Districta iVos. 17, 18 and 23; and said Ntuncipal Improvement Dis-
w
trict No. 1 overlapa said Districts Nos. 18 and 22.
C��FiEHEAB, said Acquisition and Improvement District No. 18
lies partially in the City of Lynv✓ood,. partially in the City of
' South Gate and partially in unincorporated area oY the County of
� Los AngeTes; and `
, t'JHEREAS, said Acquisition and Improvement Districts Noe.
� � � �
. <s: � �
T7, 20, and 28 lie partially in the City of Lynwood and partial-
ly in the City of South Gate; and
WHEREAS, the County of Los Angeles has on file in the office
of the Clerk of thia City Council a certiPied copy of a resolu-
tion adopted by the Board of Supervisors of the said County of
Los Angeles on the tenth day of September, 1941, conaenting to
the refunding oP the indebtedness of said districte under one
proceeding, and.to the levying of one assessment (sometimes call-
ed reassessment) therefor; and �
V�IEREAS, the City Council of the City of 5outh Gate has on
file in the office of the Clerk of thie City Council a certified
copy of a resolution adopted by the City Council of the City of
South Gate on the 28th day of July, 1941 consenting to,the re-
funding oP the indebtedness of said districts a.nd to the levying
of one assessment (sonetimes called rea.ssesament) therefor;
NOW, THEREFORE, the City Council of the City of Lynwood,
County of Loe Angeles, State of California, DOE$ HEREBY RESOLVE
AIQD DE^1ERnIINE AS FOLLOl�'S:
Section 1.' That the public interest, convenience and ne-
cessity require the refunding of the indebtedness under one pro=
ceeding, and it ia the intention.of the City Councll of the City
of Lynwood to refund under one proceeding said indebtedneas of
Lynwood Acquisition and Improvement Districts Nos. 17, 18, 20,
22, 23 and 28, and Lynwood Ddunicipal Improvement District No. 1
under a multiple district refunding proceeding according to the
provisions of the Act of the Legislature of the 5tate of Califor-
nia designated and knorvn as the "Assessment Bond Refunding Act of
1933," approved June 5, 1933, Statutes 1933, page 1915, and of
all acta supplementary thereto incorporated by referenee therein
and amendatory thereoP, and for the purpose of refunding said.
indebtedness said City Council intends to levy an assessment
(�ometimes ca.11ed reasaeasment) and issue refunding bonds as
_2_
herein proposed.
Section 2. That the total e.�ount of outstanding indebted-
ness of each of said districts to be refunded, determined as of
the date this resolution ie adoptefl, is as Pollowsi
a. Lynwood Acquisition and Improvement Die-
trict No. 17--the sum of Twenty-four Thousand Seven
� Hundred Thirty-six and.56/100 Dollare (�24,736.56).
The amount of the principal of bonds included therein
is the aum of Nineteen Thousand;Five Hundred Twenty-
four and 82/100 Dollars (�19,524.82). The amount of
due and unpaid interest coupons included therein ia
the sum of Five Thousand Two Hundred Eleven and 74/100
Dollars (�5,211.74).
b. Lynwood Acquisition and Improvement Dis-
trict No. 18--the sum of Nine Hundred Fifty-two Thou-
sand Twenty and 57/100 Dollara (�952,020.57). The �
amount oP the principal oP bonds included therein is
the sum of Six Hundred Fifty Thousand Four Hundred
Seventy-three and 11/100 Dollara (�650,473.11). The
� amount of due and unpaid interest coupons included
therein is the sum of Three Hundred One Thousa.nd Five
Hundred Forty-eeven and 46/100 Dolla.rs (�301,547.46).
c. Lynwood Acquisition and Improvement Dis- ,
trict No. 20--the sum of One Hundred Thirteen Thou-
sand Eight Hundred Seventy-one a.nd 11/100 Dollars
(�113,871.11). The amount of the principal of bonda
included therein is the sum oY Eighty-one Thousand
Two Hundred Thirty-three and 61/100 Dollars (�81,233.61).
The amount of due and unpaid interest coupons included
therein is the sun of Thirty-two Thousand Six Hundred
Thirty-Eeven and 50/100 Dollars (�32,637.50).
d. Lynwood Acquiaition and Improvement Dietrict
_3�
No: 22--the sum of Thirty Thousand Five Hundred
�
One and 99/100 Dollars (�30,501.99). The amount
of •the principal of bonds included therein is the
sum of Twenty-seven Thousand Two Hundred Forty-ene
and 65/100 Dollars (�27,241.65). The amount of due
and unpaid intereat coupone included therein is the
sum of Three Thousand Tw�o Hundred Sixty and 34/100
Dollars (�3,260.34). �
e. Lynwood Acquisition and.Improvement Dis-
trict No. 23--the sum of�Twenty-t�o Thousand Thirty-
f four and 73/100 Dollars (�22,034.73). The amount
of the principal of bonds included therein ia the
• sum of Eighteen Thousand Four Hundred Eighty-fonr
and 88/100 Dollars (�18,484.88). The amount of due
and unpaid interest coupons included therein le the
sum of Three Thousand Five Hundred Forty-nine and °
85/100 Dollars (�3,549.85).
Y. Lynwood Acquisition and Improvement Dis-
trict No. 28--the aum of Ten Phousand Four Hundred
Eighty-two and 74/100 Dolla.rs (�10,482.74). The
amount oP the principal of bonds included therein
is the sum of Ten Thousand One Hundred Twenty-nine
and 98/100 Dollars ($10,1.29.98). The amount of due
and unpaid interest coupons lncluded therein is the
sum of Three Hundred Fifty-two and 76/100 Dollars
��352.�6).
g. Lynwood P.4unicipal Improvement District No.
1--the sum of Eight Thoueand Nine Hundred Six and
38/100 Dollass (�8,°06.38). The amount of the prin-
cipal of bonds included therein is the aum of Five
Thousand Seven Hundred Forty and no/100 Dollars
(�5,740.00).
_4r
The amount of due and unpaid interest coupons in=
cluded therein is the sum of Three Thousand One
Hundred Sixty-eix and 38/100 Dollars (�3,166.38).
Section 3. That the.outstanding indebtedness of the aYore-
said distrlcts, their sum being in the total amount of One �Ril-
lion One Hundred Sixty-two Thousand Five Hundred FiPty-four and
OS/100 Dollars (�1,162,554.08). the par value principal thereof
being;in the total,amount of Eight Hundred Twelve Thousand Eight
Hundred Twenty-eight and 05/100 Dollars (�812,828.05), and the
sum of the due and unpaid interest of sa.id districta being in
the total amount of Three Hundred Forty-nine Thousand Seven Hun-
dred Twenty-aix and 03/100 Dollars (�349,726.03), be refund'ed
under the provi�sions of the Assessment Bond Refunding Act of
1933, as amended, by the levy of an assessment (sometimes call-
ed reasaessment) in the maximum principal amount of Six Hundred
� Ten Thousand�Dollars ($610,�00.00) upon all lots, pi-ecea or par-
cels of land as are sub�ect to tax or assessment to pay the
principal and interest of the out�tanding bonds of any of the
Lyn�ood Acquisition and Improvement Districts and Lynwood Muni-
cipal Improvement District No. 1 herein proposed to be refunded.
The amount oP. said assesement, plus contributions of public Punds
to aid in this refunding except moneys used for the payment of
interest accruing on any bonds after the date of the latest due
and unpaid interest coupons thereof included in the amount of
due and unpaid interestatated in this resolution, and the money
used for the payment oP incidental expenses of the refunding .
being less than the total amount of the outstanding unpaid bonds
and the outstanding due and unpaid interest coupons which are to
be refunded. The amounts referred to in this section are deter-
mined as of the date this resolution is adopted.
Section 4. That to aid in the refunding of the indebted-
ness of said Acouiaition and Improvement Districts Nos. 18 and
_5_
20 of the City of Lynwood, the County of Los Angeles will con-
tM bute in cash the sum_of One Hundred Twenty-five Thousand
, Dollars (�125,000.00) to said District No. 18, and the sum of
Thirty-two Thousand Dollars (�32,000.00) to said District No. �
20.
Section 5. It is determined that the total maximum prin-
cipal ar�ount for which an assessment (sometimes called reassesa-
ment) ahall be ledied in this proceedin� shall be the sum oF
Six Hundred Ten Thousand Dollare ($610,000.00). �
Section 6. That for all asoessments (sometimes called re-
assessmenta) not paid within thirty (30) days from the date of
recording the aseessment, sometimes called reassessment, (ex-
cept,unpaid asseasmenta, sometimes called reassessments, upon
public properties for which bonds are not to be issued) refund-
ing bonds shall iesue as provided in said Aasessment Bond Re-
fundin� Act of 1933, as ar�ended. Only one issue of refunding
bonds shall issue under this proceeding. Said refunding bonds
sha11 extend over a period ending nine (9) years from the se-
cond day of January next succeeding the fifteenth day of the
next November following their date, and an even annual propor-
tion of tne principal sum of each bond shall be payable by cou-
pon on thesecond day of January of every year after the fifteenth
,
day bf the next November follo�ving ita date, until the whole ie
paid. Said refunding bonds sha11 bear intereat at the rate of
five per cent (5°�0) per annum, payable semiannually by coupon on
the second days of Januar3 and July, respectively, of each year .
after the date of said bonds. .Upon_any of such bonds dated after
•the fourteenth day of T:Ray of any year%•and on or bePore the four-
teenth day of the Yollowing November, the first interest coupon
shall become due and payable'on the second day of the next suc-
ceeding January, and upon such bonda dated after the fourteenth
day of November of any year and on or Tiefore the fourteenth day
_5r
of the follo�ing May, the firat interest coupon shall become due
on the second day.oY the next succeeding July. Each refunding
bond aha.11 represent the assessnent (sometimes called reasseas- •
ment) upon the lot, piece or parcel of land described iri said
bond, and the principal amount of each bond shall be the amount
oY the unpaid assessment (sometimes called reassessment) upon
the lot, piece, or parcel of land described in such bond. Said
interest rate of Yive (5) per cent per annum on said refunding
bonds is less than the interest ra.te on all of said outstanding
bonds of each of said districts to be refunded.
� Section ?. That the 21st day of October, 1941 at the hour
of 5:00 o'clock P.M. of said day is the day and hour, and the
chambers of the City Council in the City of Lyn�ood in the City,
Hall in the said City of Lyn�vood is the place fixed by the City
Council when and where any peraon interested and any owner of
property which ia sub�ect to assessment in the multiple district
refunding proceeding may file his written ob�ection against the
proposed refunding with the Clerk of said City Council. Such
ob�ection must contain a descri_ption of the property in which
each signer thereof is interested, sufficient to identify the
same, and ahall set forth the nature of each signer's interest �
! therein, and shall be delivered to the Clerk of said City Coun-
� cil at or before the time set for hearing, and no other protest
� .
` or obJection shall be considered. At the time and place fixed
� for the hearing of ob3ectiona, or at any time to which the hear-
,
� ing thereof may be ad,�ourned, the City Council shall hear and
�
i consider all ob,�ections so filed.
Section 8. The refunding of said indebtedness shall not
be authorized unless the written conaent oP the ownera of a�a-
,�ority in area of the lands sub,Ject to assessment (sometimes
i called reaesessment) included within each of said districts pro-
� posed to be refunded, vaho shall li�ewise.be the owners of a
f
i
' _7�
4. ..
; • .
�
ma�ority in area of the lande included within the exterior boun-
daries of the Etotal area which comprises said•dietricts proposed
.
to be refunded is filed ��ith the Clerk oP the City Council of.
the City of Lynrvood, and any o��ner of land sub�ect to assessment
(sometimes called reassessment) in any of said districts may file
his written consent to such refunding prior to the adoption oP
the resolution ordering the refunding. •
Section 9. That the land proposed to be assessed for the
refunding of the outstanding indebtedness of Lynwood Acquisition
and Improvement Districts Nos. 17, 18, 20, 22,•23 and 28, and
Lyn�ood Municipal Improvement District No. l, the boundaries of
which districts are.shown on maps on file in the office of said
City Council, consists of all such lots, pieces or parcels of
land within said Acquisition and Improvement Districts and said
P�unicipal Improvement District No. 1 as are sub�ect to tax or
assessment to pay the principal and interest oY any of the out-
standing bonds to be rePunded. S map approved by the City Coun-
cil, indicating by a boundary line the extent of the total ter-
ri:tory:rcompriaing all oP said districts, which area ia the area
comprising the district to be,assessed under this mnitiple dis-
trict refunding proceedings, is on file in the office oP the
Clerk of the City Council of the City of Lynwood, and to which
map.express reference ia hereby made, and vahich said plat or
map shall govern for all details.as to the extent thereof. The
exterior boundaries of said district to be assessed are described
as follows, to-wit:
�g�
Beginning at the north�esterly corner of Lot 2232, Tract
. No. 5772, as shown on map recorded in 65, page 49 of A�Iapa,
Records of Los Angeles County, California; thence easterly in
a direct line to the northeasterly corner oP said Lot 2232;
thence southerly in a direct line to the northeasterly corner
of Lot 2222 of said Tract No. 5772; thence easterly in a direct
line to the northeasterly corner.of Lot 2594 of said Tract No.
5772; thence southerly in a direct line to the northvresterly
corner of Lot 2737 of sa.id Traet No. 5772;.thence easterly in
a direct line to the northeasterly corner of said last mention=
, ed lot; thence easterly in a direct line to the northwesterly
corner of Lot 790, Tract No. 5975; a.s shown on maps recorded
in Book 76, pages 22 and 23 of �aps, Records of said county;
thence easterly in a direct 11ne to the northeasterly corner
of said last mentioned lot; thence southerly in a direct line
through the southeasterly corner of Lot 777 of said Tract iQo.
5975 to the northerly line of .Lot �71 of said Tract No. 5975;
thence easterly in a direct line to the northeast corner of
Lot 523 of Tract No. 6557 as sho�n-on maps recorded in Book 77,
pages 39 and 40 of R4aps, Records of said County; thence north—
easterly in a•direct line�to the northwest cornerr• of Lot 522 of
last said tract; thence easterly in a direct?.line to the north-
east corner of Lot 59 of Tract No. 3739 as shown on map recorded
in Book 112, pages 44 and 45 of DRapa, Records of said county;
thence easterly in a direct line to the northwest corner of
Lot 58 0� said Tract No. 3739; thence easterly in a direct line
to the northeast corner of Lot 56 of last eaid tract; thence
northeasterly in a direct line to the northwest corner of Lot
35, Block 3 of Tract No. 6436 as shown on map recorded in Book
70, pages 16 and 17 of Maps, Records of said county; thence east—
erly in a direct line to the northeast corner of Lot 42, Block
18 of said Tract No. 6436; thence easterly in a direct line to
—9—
� I
l
the northmest corner of Lot 12, Block 1 oP Tract No. 7797 as
shovrn on maps recorded in Book 114, pages 85 and 86 of Pdaps, Re—
cords of said county; thence easterly in a direct line to bhe
angle point in the northerly line of Lot 14, Block 5 of said
Tract.No. 7797, which is distant thereon 24.98 feet eesterly
of the northwesterly corner of said Lot 14; thence southeasterly
14,31 feet along the northeasterly line of said Lot 14 to an
angle point in'the eaeterly line oi said'Lot T4; thence south—
easterly� in a direct line to the northwesterly corner of Lot
16 oP last said Block 5, Tract 7797; thence easterly in a direct
line to the northeasterly corner of said Lot 16; thence easterly
in a direct line to the northwesterly corner of Lot 17, Block 6
oP said Tract No. 7797; thence easterly in a direct line to the
northeasterly corner of said Lot 17, Block 6, Tra.ct No. 7797;
thence northeasterly in a direct line to an angle point in the
westerly line of Lot 19 of said last mentioned block and tract,
which is northerly 94.14 feet thereon Prom the southwesterly
� corner of last mentioned lot; thence northeasterly and easterly
along the northwesterly and northerly linee of said last mention—
ed lot to the northeasterly corner of said last mentioned lot;
thence eaeterly in a direct line through the northeast corrier oY
Lot 7, Block 7 of said Tract No. 7797 to the easterly line oP
VJright Road (55 Peet wide)�; thence southerly and easterly along
the easterly line of Wright Road to its intereection with the
y easterly prolongation oY the.southerly line of Lot 49 of Tract �
No. 8300 as shown on map recorded in Book 115, page 57 of Maps,
Records of said county; thence westerly in a direct line to the
south�est corner of said Lot 49; thence westerly in a direct
•line to the southeast corner oP Lot 31 of said Tract No. 8300;
thence westerly along the southerly line of said Lot 31 and its
westerly prolongation to the westerly line of the first alley
easterly of Atlantic Avenue; thence northerly in a direct line
-10—
, t .
to the southeast corner,of Lot 2 of said Tract No: 8300; thence
we,sterly in a direct line through the,southwest corner of said �
Lot 2 to a point which is westerly 110 feet from the westerly
line of Atlantic Avenue (100 feet wide); thence southerly/at a
right°angle to said last u�entioned direct line to a point which
is southerly 133.5 feet measured at a right an�le.from the south-
erly line of Abbott Road, formerly called Tweedy and Abbott Road,
° (66.50 feet �vide); thence westerly in a direct line to a point
in the northerly prolongation of the,westerly line of Lot 116s-
Tract No. 5632 as ahown on map recorded in Book 80, page 50 of :, ,.
Maps, Records oP said county, distant thereon 133.5.feet south-
erly from the southerly line of Abbott Road, Pormerly called
e�� Tweedy and Abbott Road, as said Road exists between Otis Street ,
- and Levais Road; thence_southerly in a direct tq the north-.
' . westerly corner of sa.id Lot 11.6; thence easterly in a direct
line to the northeasterly corner of Lot 117, of said Tract No:�
b632; thence southerly in a direct line to the southeasterly cor-
ner of Lot 126 of said Tract No. 5632; thence southeasterly in
a direct line to the northeasterly corner of Lot 131, of said'
Tract No. 5632; thence southerly in a direct line to the south-
easterly corner.of sald Lot 131; thence southerly in a direct
• line to the northeasterly corner of that certain parcel of land ,
, numbered 96 ori Llcensed Surveyor's Map filed in Book 16, page 37,
Records of Surveye of said county; thence southerly in a direct
line to the southeasterly corner of said parcel of land numbered
. 96; thence easterly in a direct line to the northeesterly corner
of that certain pa.rcel of land numbered 36 on sc�id Licensed Sur-
'veyor's Dhap; thence southerly in a direct line to the northv�esterly
corner of that certain parcel of land numbered 18 on said Licensed
- Suroeyor's n4ap; thence easterly�in a direct line to the north-
easterly corner of said parcel of land numbered 18;�thence south-
� easterly in a direct line to the intersection of the easterly
-11-
� line of Bullis Road (50 feet wide) as shown on sa.id Liceriaed Sur—
veyor's Map with a line which is 692.06 feet northerly oY (mea—
sured at right angles) and parallel to the westerly prolongation
of the northerly line of Alberta Avenue as shown Pnap of Cen—
- tury.Square, recorded in 133, pages 87,and'88 of.Pdaps, Re—
cords of;:said county; thence.easterly along said parallel line
to its'intersection with_the westerly line of Locust Street as
shown on map of Tre.ct No. 9337, recorded in Book 130, pages 61,
. 62 and 63 of n4aps, Records of said county; therice southerly along
" the westerly line of said Locust Street to its intersection with
the westerly prolongation of.the�northerly line of Lot 8, Block
13 of said Tract No, 933?; thence easterly in a direct line to
the northeasterly corner of Lot 8, Block 9 oP said Tra.ct No. 9337'
thence southerly in a direct�line to the north�esterly corner of
Lot 3, Block 8 of said Tract No. 9337; thence sasterly in a direct
line to the northeasterly corner of said Lot 3; thence easterly
in a�direct line to the northwesterly corner of Lot 17, Block 5
of said Tract No. 9337; thence easterly in a direct line to the
northeasterly corner of saifl Lot 17; thence aoutherly along the
easterly lines of Lots l7, 16, 15, Block 5 of said Tract No: 9337
y asterly in a ,°..U:r .
, to the southeasterl corner of ,said Lot 15; thence e
direct line.to the northeasterly corner of Lot 7, Block 5*' of said
Tract No..9337; therice easterly in a direct line to•the north—
westerly corner of Lot 14, Block 1 of said Tract No: 9337;'thence
easterly in a direct line to the northeasterly corner,of said
Lot 14; thence southerly in a direct line to the southeasterly
corner oY Lot 11, Block 1 of said Tract No, 9337; thence easterly
along the easterly prolongation oF the southerly line of sa.id
Lot Tl to its intereection with the center,line of Atlantic Ave—
nue (100 feet wide) as shov�n on maps of said last mentioned tract;
thence southerly in a direct line to a point on the easterly pro-
longation of the southerly line of Lot 13, Block 5 of Tract No.
, � —12- .. :
, " 9288, as shown on �3ap recorded in Book 124, pa.ges 42 and 43 of
, P�iapa, Records of said county, said:point being 50 feet easterly
of a.nd measured at right angles from the easterly line of said
Lot 13; thence westerly in a direct line to the southwesterly '
corner of said Lot 13; thence westerly ,in a direct line to the
most southerly corner of Lot 9, Block 5, of said Tract No. 9288;
thence westerly in a direct line through south�esterly cor-
ner of Lot l, Block 4 of said last.mentioned tract to the east-
erly line of Lot 1, Block 15 of Tra.ct No. 7826, as shomn`bn maps
' recorded in Book 91, pages 20, 21 and 22 of Maps, Records of
� said county; thence northerly in a direct line to the most morth-
` erly angle point in said Lot l; thence westerly in a direct line �
to the southea.sterly corner of Lot 13, Block 11 of sa.id Tract
A'o. 7816; thence lr�esterl,y in a direct line to_ the south�iesterly
corner of Lot 7, Bloc�s 7 of said Tract No. 7816; thence northerl;�
in a direct line to the southwesterly corner"of Lot 7, Block 8
of said Tra:ct No. 78i6; thence westerly 3n a direct line to the
southwesterly corner of Lot 7, Block 4 of said Tract No_ 7816;
thence northerly in a direct line to the southwesterly_corner of.
° Lot 7, Block.5 of said Traet No. 7316; thence westerly in a
direct line to the south�vesterly corner of Lot 1, Block 5 of said
Tract No."7816; thence northerly along the westerly line of said
� Lot 1 and its northerly prolongation to the nort"�erly line of .
said Tract No. 7816; tnence westerly along the line of
said Tract. No. 7826 and Zts �esterly prolongation to the easterly
line of Bullis Road (50 feet �vide) as shown on map of said last
mentioned tract; thence vresterly in a direct line to the north- ,
easterly corner of Lot 1185; of Tract No..3335, as shown on.etiRap
recorded in Book 36, 1'�ge 42 of Iviaps,.Records of said county;
thence westerly in a direct line.to a point on the easterly line
of Lot 354, Tract No. 2551, as shown on map recorded in Book 24,
pages 78, 79 and 80 of P�aps, Records of said county,,distant
_ •
thereon 97.50 feet southerly from the northeasterly corner of
said Lot 354; thence northerly.in e direct line to the southeast—
erly corner of Lot 195 of said Tract No. 2551; thence westerly
in a direct line to the southwesterly corner of Lot 199 of eaid
Tract No. 2551; thence northerly in a direct line to the south—
eaeterly corner of Lot' 66 of said Tract No. 2551; thence westerly
in a direct line to the southwesterly corner of Lot 69 of said
Tract No. 2551; thence no^therly along the westerly line of said
Lot-69 and its northerly prolongation to;its intersection with
the easterly prolongation of the northerly line of Lot 75, Tract
No. 2794, as shown on map recorded in Book 28, oage 6 of tv2apa,
Records of said county; thence westerly in a direct line to the
southwesterly corner of Lot 65 of said Tract No. 2794; thence
, northerly in a direct line to the southeasterly corner of Lot 9
of said Tract No. 2794; thence westerly in a direct line to the
southwesterly corner of said Lot 9; thence westerly in a direct
line to a point on the westerly line of Long Beach Boulevard as
sho�an on map of said last mentioned tract distant thereon 424.67
feet southerly from the southeasterly corner of Lot 6 of said
� Tract No. 2�94; thence westerly in a direct line to a point on
the easterly line of lract No. 5259, as shown on map recorded in
Book 57, page 45 of Maps, Records of said county, distant thereon
129.22 feet northerly fro� the southeasterly corner of Lot 48,
said Tract No. 5259; thence southerly in a direct line to the
southeasterly corner of Lot 43 of said Tra.ct No. 5259; thence
westerly in a direct line to the southwesterly corner of Lot 56
of said last mentioned tract; thence northerly in a direct line
to the southeasterly corner of Lot 24, Block 3 of Tract P7o. 6474
as shown on map recorded in Book 71, page 5 of hlaps, Records of
said county; thence u�esterly in a direct line to the southwesterly
corner of Lot 24, Block 1 of said Tract No. 6474; thence northerly
in a direct line to the southeasterly corner of Lot 160, Tract No.
—14-
5456, as ahown on maps recorded in Book 59, page 66 of Aqaps, Re-
cords of said county; thence westerly in a. direct line,to the
southw�eaterly corner of"Lot 45 of said Tract No. 5456; thence
southerl,y in a direct line to the southeasterly corner of Lot 7
of the Al�bert Villa Tract as sho�an on map recorded in Book 9,
page 83 of PRaps, Records of said county; thence westerly in a
direct line to the southweaterly corner of said Lot 7; thence
northwesterl� in a direet line to the southeasterly corner of
Lot 10 of said Albert Villa Tract; thence �esterly in a direct
line to the southwesterly corner of said Lot 10; thence westerly
in a direct line to the southeasterly corner oY Lot 11, Block 8,
Tract No. 5418, as shown on map recorded in Book 59, page 4? of
n4aps, Records of said county, said point being on the easterly
line of said Tract No. 5418; thence southerly and westerlv along
the easterly and southerly lines of said Tract No. 5418 and fol-
lowing the same in all its carious couraea to the southwest cor-
ner of Lot 4, Block 13 of last said tract;,thence westerly along
the westerly prolongation of the southerly line of said Lot 4 to
the westerly line of the easterly roadway oP Alameda,Street,
sometimes known as Alameda Boulevard, (40 feet wide); thence nor-
therly along said last mentioned line to its intersection �ith
the westerly prolongation of the northerly line of Lot 20 of
Tract No. 6717, as shown on map recorded in Book 106, pages 1, 2,
3, and 4 oP Maps, Records of said county; thence easterly in a
direct line to the northeasterly corner of said Lot 20; thence
easterly in a direct line to the northwesterly corner oP Lot 23,
of said Tract No. 6717; thence easterly along the northerly line
of 'said Lot 23 to the northeasterly corner thereof; thence easterly
in a direct line to the northeasterly corner oP Lot 25 of said last
mentioned tract; thence,northeasterly in a direct line to the north-
westerly corner of Lot 105 of Tract No. ?046, as shown on maps re-
corded in Book 77, pages 64, 65, 66, 67,and 68 oP �aps, Records
-15-
- of said county; thence easterly in a direct line to the northeast—
erly corner of Lot 209 of said Tract No. 7046; thence easterly in
a direct line to the northweaterly corner of Lot 989 oY said Tract
No. 7046; thence easterly in a direet line to the northeasterly
corner of Lot 415 of said Tract No. 7046; thence easterly in a
d�rect line to the northwesterly corner of Lot 373 oP said Tract
No. 7046; thence easterly in a direct line to the northeasterly
corner of said Lot 3�3; thence northerly in a.direct line to the
north�esterly corneT Lot 25, Tract No. 5222, as shown on maps
recorded in Book 58, page 21 of Maps, Recorde of said county;
thence easterly in e direct line to the northeasterly corner of
Lot 23 of said Tract No. 5222 as shown on map recorded in Book 58,
page 21 and Book 59, page 71 of �apa,_Records of said County;
thence southerly in a direct line to the southeasterly corner of
said lastmentioned lot; thence easterly along the southerly line
I oP Lot 22 of last said tract to the westerly line of State Street;
� thence northeasterly along the �reaterly line of said State 5treet
to the southweat corner oY Lot 21 of said Tract No. 5222; thence
northerly in a direct line to the north�esterly corner oY Lot 19
of said Tract Ido. 5222; thence �vesterly in a direct line to the
southwesterly corner of Lot 18 of said Tract No. 5222; thence nor—
. therly in a direct line to the northwesterly corner of Lot 16 of �
said Tract No. 5222; thence northwesterly in a direct line to the
south�eaterly corner of Lot 8 of said Tract No. 5222; thence nor—
therly in a direct line to the northwesterly corner of Lot 6 of
said Tract No. 5222; thence westerly in a direct line to,the
southwesterly corner of Lot 5 of said Tract No. 5222; thence nor—
therly in a direct line to the northwesterly corner of Lot 3 of
said Tract No. 5222; thence north�esterly in a direct line to the
southwesterly corner of Lot 116 of Tract No. 4936 as shown on a
map recorded in Book 53, page 100 of Maps, Records of said county;
thence northerly in a direct line to the north�esterly corner of
—16-
Lot 118 oP said Tract No. 4936; thence westerly in a direct line
to the southwesterly corner of.Lot 119 of said Traet No. 4936;
thence northerly�in a direct line to the southeasterly corner of
Lot 343 of Tract No. 7046 as shown on a map recorded in Book 77,
pages 64 to 68, inclusive, Records oP said county; thence west-
erly in a direct line to the southwesterly corner of said Lot
343; thence northwesterly in a direct to the southwesterly cor-
ner oP Lot 331 of said Tract No. 7046; thence northerly in a dir-
ect line to an angle point in the westerly line of Lot 316 of sa.id
Tract No. 7046; thence westerly in a direct line to the most west-
erly corner of said Lot 316 of said Tract No. 7046; thence north-
erly along the westerly line of said Lot 316 and its northerly
prolongation to its intersection with the northerly line of
� Tweedy Road, said point being also on the boundary line
of the City of Lynwood; thence easterly along the northerly line
of said Tweedy Road to its intersection with the northerly pro-
longation of the easterly line of Lot 9 of Tract No. 4936 hereto-
fore mentioned; said point being also an angle point in the boun-
dary line of said City oP Lynwood; thence southerly in a direct
line::through the northeasterly corner of said Lot 9 to the south-
eaeterly corner of Lot 105 of said Tract No. 4936; thence south-
easterly in a direct line to the northeasterly corner of Lot 222
"of Tract No. 5222, as shown on a map recorded in Book 59, page
71 of DRaps, Records of eaid county; thence southerly in a direct
line to the northwesterly corner of Lot 156 of said Tra_ct No.
5222, said point being also �an angle point in the boundary line `
of the said City of Lynwood; thence easterly in a direct line to
the northwesterly cornen of Lot 1?7 of said Tract No. 5222;
thence northerly to the northwesterly corner of Lot 178, said
Tract No. 5222; thence northerly in a direct line to the south-
westerly corner of Lot 207, said Tract No. 5222; thence northerly
in a direct line through the northwesterly corner of Lot 208, sa.id
-17- '
I
Tract 1Qo. 5222, to the center line of Sequoia Drive as shoRn on
said map of said Tract No. 5222; thence easterly along the center
line of said Sequoia. Drive to the northerly prolongation of the
easterly line of Lot 1808, Tract No. 5772, as Rhoivn on map recorded
�•
�
in Book 65, page 49 of NIaps, Records of said county; thence sou —
erly in a direct line to the northeast corner of Lot 2769, said
Tract No. 57�2; thence easterly in a d_irect line to the north—
easterly corner of Lot 1816 of�said Tract No. 5772; thence east—
erly in a direct line to the northwesterly corner of Lot 1863 of
sa.id Tract No. 5772; thence eaeterly in a direct line to the point
of beginning, excepting therefrom all land� now or Yiereafter lying
within the boundaries of any public way, and also exceptin� from
the above described district Lot A of Tr2ct No. 2794, as per map
recorded in Book 28, page 6 of Maps, Recorda of Los Angeles County,
said lot being o�vned by the City of Lynwood and in use in the per-
formance oP a public function, to—a�it: punping plant of the mun—
icipal water department, and which la.st described property shall
be omitted and excluded from the above described Assessment Dis—
trict.
—18- .
Section 10. That the payment of interest accruing on any or
. all of the outstanding bonds of the districts to be refunded after
the date of the latest due and unpaid interest coupons thereof in-
cZuded in the a�ount of due and unpaid interest as hereinabove
stated in this resolution of intention is hereby authorized, but
this authorization shall not be deemed to require that the payment
of such interest be made upon any outstanding bonds that can be
acquired without auch payment.
Section 11. That the acting superintendent of streets shall,
in the manner and in the for� required by law, cause copies of this
� re�olution, headed "IQotice of Refunding and Reassessment," to be
posted upon all open streets ivithin the district of landa propos-
ed to be asseseed in the refunding proceedings as required by the
aforesaid statute.
Section 12. ThaL the Clerk of the City Council shall certify
, to the passage of this resolution and.shall cause the same to be
published once a week for two weeks in the Lymvood Press, a iveekly
newspaper published and of general circulation in the City of Lyn-
' wood, California, and which is hereby designated for that purpose
by the City Council of said City. Said Clerk shall also cau se to
be mailed, postage prepa.id, a copy of this resolution to each per-
son to whom land in the multiple refundir.g district is assessed as
shown on the last equalized assessment roll of Los Angeles County,
at his address as shovrn upon auch roll, and to any person, whether
owner in fee or having a lien upon or legal or equitable interest
in any land within said district, whose name and address and a des-
ignation of the land in which he is interested is on file in the
office of..said Clerk.
`v �� ,
� `. .
�° :• ' `, 1941.
�Passed-and.adopted this 11'th day of September,
- ,. ✓ . .
� � _ �. .
� : y
I A . \�
� f`" '� � �-�' �'� MAYOR OF TH CI^1Y OF LYNWOOD
�
ATTEST: , , ��' � . - .. .
, ,�
�
. - �
CITY CLERK, CI1'Y 0� LYNWOOD J
-is-
. . ' � . . . . . � . � . , _ . . . . .. . . . .
. . . .. .- . �:. . �. ' • . � .' . �. ' . . �� . .
. � �. . .. � . .� . . . . . . . �� i .. ' . ..
�.�'.. - l . .. . . . �:. .. � . .
, ,, ; STATE OF Ct.LIFORN7A ) • , . '
. COUNTY OF ,LOS ANG�,LES: . �Sg, ,. , '
, !' CITY ,OF_: LYN�JOOD ) _ . . `
� • ; �• . , ' >
,- . I; tYie undersigned City Cl�eric of- the City of ;,
_ Lynv�ood, do hereby. certify that ; the above and� foregoTng '`
. Resolu-Eior. w_as duly adopted by-the City Council' of said� �'
City at• �� Adiou'rned __regular meeting thereof held in "�
. the- Clty Hall of said City� �on the llth' day of Septeinber •.�
'' , 1941_., and'passed by tne.following votet . ..,
, . .. ,
� �� Y .AYES: COUNCILf�?EN Christensen. Lake, t�4civIeekin, „` �
. ,,.-r <, ,� �:,, , . . — . � . .
.,,, < R ° ' ' . , Zimmex�ulan and Mever.'
,,. , ", ,
.� � � `<�
e NOES: �COUNG"!L'1viAN. None:�
: � � ' ". .�� _ : . -- : .
�.�' �"" ' �,,;.;; ABSENT . COUNCILi�i;E?V:��B _
. �
� , ., . � ' . , -
i � : y ' , �; . .
.L�, , � � � � � � . .
y � . _ � '.
_. , . \ D V . ` - , - ' _ , ' '
, . . .. .. . . .. . . . " . � . . . � ,
. � .i � '. v. - . . . . ' . . . � • . � .. .
..' �. � . � . ITY i � C� LX�IP,'OOD
- • , .. - . '
. , . ,. .
�� , .: ; , ,
_ . . �
,.; -:,' , . ' . � ., � . '
. . 4 . � . , .. .
:.. .. :. .. ..`.' .. .� . : , j 1 ,•. � a : . . ; . .
.. . .. ..... . . �.. '.. . ',' } '-� ���� ,
, . . . ..,. . . ," . .. , ' . . .. .� � .
' . . ' - . . . . . . "' ` f . . ' . . " . . � . . . . ..
. . . - • - . . � : � . ; . . .. � .. , . .. . . . . .
. , . ,
, . . . � � . . ,. , . . � , � ,
. ' . .. . . . . .. ... . . .. ' ' ., .. ..:. �. . � '.
. . � • ' . .. ' :. .. . . y , `, . _ . ' . , ., ', ,. . . , � - . ' ., .
, � . . . .. „ . , . . . .- . .. � . . .. . ` . ... . . ' _