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HomeMy Public PortalAbout1073 (03-30-38) , r � , RESOLUTION NO. 1073 , . ' RES'OLUTION ACCEPTING OFFER OF THE " .. BRUlNN-,CftUIPiMER COMPANY FOR THE PURCFIASE OF CERTAIN REFUnDING BONDS OF ACQUISITION AND INPROVSNENT DISTRICT- N0. 19 OF THE. ' CITY OF LYIVV�OOD. � ,�� , 4�I3ERE:AS, The, Brown-Crummer Company has offered to � purchase certain refunding bonds to be issued in the re- funding of the indebtedness,.of Acqu3sition and Improvement . District No. 19 of the City of Lynvrood to represent re- assessments, and hes agreed to pay therefor:the purchase price of �20,000.00, NOW, THEREFORE, THE CITY COUDTCIL OF THE CITY �F �. LYNWQ4ID DOES IiEREBY RESOLVE, DETERMINE AND ORDER AS FOLLOW:�: Section 1. That the said offer of The Brown- Crummer Company be and it is hereby accepted and the re- . I . _ . . . ... . : . . . ..�,. . _ . � funding bonds �entione3 in said offer areY�ereby �werded.and sold to said The IIrqwn-Crummer,Company for the purchase price of �20,000.00. ` , � . � Section 2. That City.Treasuror of the City, " of Lynwood.be and he is hereby authorized, when tne said bonds hade been executed;iri'acc�rdaric;e with the provisions of the Assossment�Bond Refunding Act of 1933 as amended, to deliver'the`,said7�bonds said The�Brown-Crummer Compang, and if reassessment for..cvhi�h any of said refunding bonds would be issued `is,paid,+in cash.within the thirty-day .period £or payment thereof, the cash so collected shall be paid to said Tha Brown-Crummer Company bv the Superintenda�t of Streets or City Treasurer in lieu of the dAlivery o£ the 1C _ . i , .. , .. ` . . . . .. . . . . . � , . . . . . . . _ . . . - . ' � ' . ' , .. .. .' . , . . ., . . . � .' � � i t. . . . . " refunding bond upon"the parcel for which_such payment� .. is ,made, �,11 in accordan"ce wi tYie te,rms of the offer . . .. . ,, ; . . _ , . .- - - ,�.. .:. ... . . . . . o f �s a id company. : , � : . _ , . . .. � � . ° . . . . ' • , �. ADOPTED, �IGNED AND this 30th d�y of . ,. ,. . ,. .,. � ,. . , .. ,. , . Na r ch, .1938 ." . . . . , � 1y.1�>..b . � ' . � . . . �,',+�`•-y�,`F�` ��� � � � � � - � .. . . � . ' � �, - f � y . � J �. �. i r . � . ' .. '{� '^ � y �� ���� a / .,;Z y,y �' � � r u�'F, } � :. ; r � � .. . � . . , � . �� "ie �� '� �' _� s a . � i - ,. � � : �� `� � . ; Mayor of V the' City of Lynwood .. '� a.a ; � ,i r a�' ATTES , a ,� . �.. 64�ro- � ?�°. n - ' , . - - �� ^� y� [< .,S G i . ; - . � . ' .. . . . .. . . .. - . .. . • -'y . i , ' . . . ' . , • . . �y � ..� � , '� . . - . � . �, _ . . . . �.. . . . ,'tr i ' Q,' �,n' . � ; ' . . . City Clerk of -the 6i£y • " ' � .. and :Cl rk of'the C3.t'y Counci7.'thereof. ' ,- ' •: ` .. , . "; _ : ` . ' ,�; , . '. �SEAL),. ; . . i ' . - . ,. � , . ? ' `S1ATE Or CALIFORNIA,' ) , � . '' COUNTY OF LOS ANCELES ; ss. �., .... _ .....__..._. GITY OF LYiVlN00D - . . _. ):. ... . . . . ., __. _, _ ...,_.. ,. . . .... _,,. ... ,, . . _ . . . , ., � , . `' I,�tne undersi�'ned City Clerk of the C'ity of ., • Ly'n��i�od, do 'hereby certify ..that 'the ab�ve and, fore"�oing' , .,,, �,..' � . .. � . . .. . . �. - , .- „ , . . _ � ` ,',. � Resolution Vdas. duly a,d�pted, by �.the City �quncil' of said. . • .. . ;' r . +}:,. { t -.. , ' � . . -' � City at un ad,�ourned� regular rneetin� 'thereof held in ' ' ,.,:. - :,.,, ' the` City hall o"f . saia'�City>• on�the� 30tri day ,of��Narch, s :'- , r^ � ..w w . , ��. . ' +. � 1938;, and passed'b,y�t:he follovaing"�ote: � . . � � , .-.. : � � ' AYES: COUNCILH�IEn?.: P�;ey;,er,' Nat'ion; Snyder and. _ . . . n `� 1 . . �.4 4 • �,. . . . � . . . . • . .. r .. . � . . . \ . • . . .., � .. . .. .. . .. i�"ae �� � '� ' ,r.��,f� l .• �. .» � . . . . � -.<. . . .. . . . . _ Boeter. •. . de ' . . , . . . . . . , . . , ... _ � '2 ' - f ��Vl I . . . . . ' .. . . ' ' � �� � , ��� NOES: None . ^ r . � � ; � . , . . � . .� - �� �.�c! 0 A .l!.1 . r . ' . � . . . : '� _�?',.ABSENT: COUNCILDhAN Lwke , � � � i � E a °' , . ' . � - � F - , ' � . `� .: . .. ' - ��4'' �,�w'��^� 3 .i��"�"� �' ` " ' . . ..�.-_. ......�..�... ...._--_ ..a. �._..._.__._ ' � y�4 � ' . . . . . i ,�,ry� k `� G . � ' _ ' � r z � . . . . . . l ' ' .1.' s r� , . . , r. � . ' � . � � . ,. I . �"� t a� � ' ,.; , J � .. . .� . . . . .. . , . . . � °�' � ' OITY CLERk,, CITY OF LYIVtN00 : � -..5': � . � • _ . � . . . . . .. . . n �, � asr . . , . . . .. _ . . . � ' . 'G �� " ye . .. . . . . . . ; . _ . -. � . � . -. . . . . �. � . . , ' . _ . , . ,�, � . . .. � . . . . . . _ , . � .. . .. . �. .. . . _. ..;,e.,a . ,.� .� � '� . . � .. .. } ` . .. . � . . . � -. . � . . ' ,. - . . . �- ' . . : x • . . _ .. , . . � .. . . . , . . . � .. . .. � � . . . . . . , . . :, .« � . . . . . . . �. . �., . . . . . , . � . . . . . .., . , . 2 ..