HomeMy Public PortalAbout1371 (11-04-41) . 4 ,
RESOLUTION N0. 1371
IN THE ➢;IATTER OF THE REFUNDING CF ACQUISI-
TIO�I AND It,1PROVF1�iENT DISTRICTS IQO5. 17, 1�,
20, 22, 23 AND 28, AND I�JNNICIPAL IP�4PROVE-
Sv1EDIT DISTRICT _N0. 1 OF TH� CITY OF LYNI"�OOD.
RESOLUTION SET'lING FO�TH FACTS OF HEARING,
PASSING UPON OBJECTIOIdS, AND FIPdDING THAT
THE 'NRITTEIQ COI7SENTS OF THE OP'NERS OF A �
MAJOt�ITY IIQ AREA OF THE•LANDS IIQ SAID DIS-
TRICTS TO BE REFUNDE� BEEN FILED.. .
VIHEREA5, the City Council of the City of Lym�,00d, Calif-
�
� ornia, on tlie llth day oP September, 1941, duly paseed and
a.dopted its Resolution No. 1353 declaring its intention to re-
�und the indebtedness of Acquisition and Improvenent Districts
Nos. 17, 18, 20, 22, 23 and 28, a.nd PF.unicipal Improvement Dis-
trict 1 of the Cit;� of Lynarood under a.nd pursuant to the
provisions of the Assessment Bond Refunding�Act of 1933, as
ar�ended; and
4lHEREAS, at the time and place fixed for the hearing of '
protests and ob,Jections to �said refunding, and at tne time and
place to crhich said hearing was duly contined, hearings ���ere
� duly held; and it appearing that only one written ob,�eetion has
been filed to said proposed refunding, the same being filed by
Alexander Construction Go., Ltd., owner of Lot 397, Tract 7046,
wnich said protest represents less tnan a ma,Jority in are� of
the property within the said Acquisition and Improvement Dis-
trict No. 18, within �vnich district sa.id lot lies; and less
than a ma,�ority in area of the property within tne area compr�.s-
ing all of said districts to oe refunded, and no persons ap- I
peared and ob,jected to or protested against said refunding,
and both vrritten and oral evidence upon the proceedings has
been taken and it appears tha.t affidavits showing the due
. _i_ '
publication, posting, and ma.iling of the,said Resolution.of In-
tention �Faere filed in the office.of the City Cler'_�.,at the time
and in the manner required by law and tha.t all notices required
by said Act have eeen properly given and full and comolete hear-
ing has been had; and
• lh'HEREAS, the City Couneil of tne City of Lyncaood has c,on-
sidered all of the facts and is fully informed in all matters
pertaining to said refunding.
IV01V, THEREFORE, it is hereby reaolved by the City Council
of t'r,e City of Lynwood, GaTifornia, as follows:
� Section l. That, good cause appearing, the said protest
of Ale��nder Cons�ruction Co., Ltd., is hereby overruled.
5ection 2. �That the public interest,. conveni'ence and ne-
�� , cessity•require the refunding of the indebtedness of Acquisi-.
tion and Improvement Districts Nos. 17, 18, 20,•22, 23, and 28,::
- and Nur.ici�al Smprove;�lent Dis,trict No. l of the"City of Lynwood,
as set forth in said Resolution No. 1353.
" Section 3. That no protests or ob,�ections to euch refund-
. . ,�
ing have been filed or made, exce�t the protest hereinabove
' overruled.
Section 4. That the written consents'o* the owners.of a
majority in area of the lands sub,ject to assess:�ent (sometimes
cal:Led reassessr�ent), included withi.n eacn of said districts, to
'.vait, Acquisition a.nd Improvement.Dlstricts P1os. 17, 18,.20; 22, �
" 23 and 28, and I�turilcipal Improveinent District ATO. 1 of the Oity
of .Lynyaood, Qaliiornia, proposed to be refunded, who are like-
wise the owners of a. ma,�ority in area of the lands included Nith-
in the exterio^ boundaries of the total area which comprises `
said districts proposed to be refunded, consenting to the refund-
ing and assessment (sometimes called reassessr�ent) upon the'terms
s�ated in said Resolution of Intention, are on file in the office
of the.City C1erk of the City of LynV�ood, and that-said consents
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have been filed.by the owners as shown upon the records in the
office of the County Recorder of the County of Los Angeles on �
the date that such consents g�ere filed with the clerk of this
- Council. That this Council further finds and deternines that
said consents are in all resnects valid, sufficient and genuine,
and that this Gouncil has acquired �urisdiction to proceed with
. � the refunding of the indebtedness of said di�tricts under the
provisions oP said Act.
Section 5: �That this resolution shall be entered in:full
upon the minutes of this City Council.
APPROVED AND ADOP.TED this 4th_day of Naember, 1941..
,
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N�AYOR 0' HE Y WOOD
ATTEST: - .
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i � I STATE � OF C?.LIFOR7IA ) � ,
" COIINTY OF LOS ANGELES : ss,; . ."
C�'1'Y.OF LYN1'dOGD .. . � � } . , ..
- ° I the: City, Clerk .of the City of • ,
,Lynwood, do hereby certi£y that,'th'e above and foregoing .
-. �.� Resolutiori �was duly adopted� by"the City Council of, said '. .
, . ..
City at a: - - - - - - - - - - = regular n.eeting thereof�
• held""in the Gity Hall of said Gity, on the 4th day of �
� November , 1941 , and.passed by the,following vote:' ;.' .
• ��^ AYES: �CCUidCZLPri'EN� Christ'ensen, 'Lake; McP�7eekin, • ' ° -
Zimmerma.n and It?eyer. ,
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� . . . NOES: �COUNCILIv�N Norie.'� �
ABSENT: COIINCILBIEN I Vone. - , '
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