HomeMy Public PortalAbout1074 (03-30-38) • RESQLUTION N0. 1074 ; '
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RESOLUTION�ACCEPTING QFFER 6F THE � .
BROWN-CRUMMER COMPANY FOR THE.PURCHASE
OF GERTAIN REFUPJDING BONDS OF ACQUI$I-
TT�N AND IMPROVENiENT DISTRICT N0..19
� OF THE CITY OF LYNN100D.
WFT�REAS, The Brovun'-Crwnmer Company. has offered ,
to purchass refunding bonds to be issued in the refunding �
of the in�debtedness of Acquisition and Improvement District
No. 19 of�tha City of Lynwood to represent reassessments
� upon the following described .parcels of land for the price
of 9�6,479�.00: .
� � Thos�e portions of Lugo Home Tract in the City of Lyn-
wood�, County of Los Angeles, Sta,te of California,
alloitted to William McGrindle, Clerk�s File No. 116,
� •particularly:described as follows:
1. ihat portion of said tract lying soutTiwesterly
from Century Boulevard and northwes-terly from
�Imperial Highw�y.
-� � 2. That portion of said tract lying'southerly from -
Norton Avenue, northeasterly from Century Boulevard
and northwesterl� from Imperial Highway.
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3. That portion of said tract lying within the limits
of Acquis�.tion and Improvement District No. 19 of
, the City of Lynwood., southeasterly from Imperial
HighwaJ and southwesterly from Century Boulevard.
4. That portion of said tract lying within the limits
' of Acquisition and Improvement District No. 19 of
. the�City of Lgnwood, southeasterly from,Imperia 1
, Highway and northeasterly from,Century Boulevard.
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,`� . NOV'�1,_ THEREFORE, TN�: CITY COJNCIL OF TH� CITY OF
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LI'N�^lOQD DOES HEREBY RESOLVE, DETERMINE AND�,ORDE� FOLLWJS':
_ . Section 1. �Thai' �s:a`id .off of The �Brown=Cru�mer ' -
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Company be and it is,horeby accepted and the re£unding bonds
�to be issued to represert reassessments upon.the aboye da-_'
' '_ scribed property be ari3 they are hereby awarded and sold to
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, said The Brown-Crummer Company for tho sum of.�6,479.00:
� Se,ction.2.. That:the City Treasurer of the City
. of Lynwoo3 be and he is hereby authorized, in accordance
•.. vrith,the Assessment Bond Refunding Act.of 1933 as amended,
to deiiver said bonds to said: '?'he Brocvn-Crummer Co�peny.
, . •ADOPTED, SIGNED AND APPROVID this 30th day of
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Pdarch, 1938. �
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> _ Ma or o t� of L nvroo3.
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� ^ _ Ci y"Glerk;'of the .City of Lynwood �
. �nd Clerk;of the.City Council thereof.
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�SEPL)` � -
.. Y �' �^ STATE OF GALIFOf2NIA )-
COUIQTY OF LOa AATGt�LES: ss. '
CITY 'OF liYI�1�J00ll )
� I,, the undersigned City Clerk of the Cit,y
of Lynvrood, do hereUy. certify that the above and fore-
' going Resolution was duly adopted by the City Council
�. of said City at an ad',journed regular meeting thereof
� held. in tYie City Hal.l o£ said Cit,y, on the 30th �a.y of
Il?arch, 1938, and �assed by the £ollowin� vote:
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--" � ' ��.,, . AYES; COUNCILIviEN: 11�eyer, Nation, Sn,yder
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� �'� ���% and Boster. .. _ ._ �
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t ` ` •� � �IdOES : COUNCILMEN`: None
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r '. �-` f '� 1 ��, `�-"`� �`'AE�ENT: . Councilman La.ke ,
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' �. ,. , CI .Y; CL RK, , I Y OF LYI� OOD. .
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