HomeMy Public PortalAbout1088 (03-30-38) # . . . ' � . , . • � • _ , .. - . ...� . . - . . . ' . " . .
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- . RESOLUTION 1088 ,
. � Hr;SOZUTIOiQ ACCEPTING OEFEH OF,ED. CORY .
' SVIITH.FOR THB PAYMENT ANI��OR SALE OF'
� .._ BONDS CP AC�UISITION AND; IMPROVEiVLNT
DISTftICT N0. 19 OF. TiIE CITY OP LYNdd00D„ �
' . CALIFORIdIA, IN RFFUNDING THE INDEBT�D-
N�SS OF SAiTi DISTRIGT: ' ''
� . , WHEREAS,' ED. CURY SYIZTH _has this day ,presesited `
to the City of Lynwood an offer to deliver to said City
' bonds of.Acquisition';and".Improvement District 19 of .
,,
.; . . .
'. _ •- _. the City. of Lynwood of the par of �p17,000.Q0,, .,
,• • . _ .
. { : : , �: � : . f : ' , ' ' ., . '. .
.� �.. together with al1 outstanding coupons app'urtenant to s.aid �
� bonds, ,the� of.said bonds:to be 40/ of the
. .� ,
" par vaTue tliereof: � _ ' , . -, '
� NOW;; THEFiEFORE, THE CITY ��OUNCIL OF' THE CITY' CF
,.* , . .. . . '
` - LYNfV00D D�ES' HEREBY RESOLVE,, DETERiv!INE AiVii ORDEft AS FOLLOP'i5: '
Section 1. That the offer of said Ed. Corg Smith
, . , . _ ..... __. . . _.. _
be and the same is hereby:accepted. The Mayor of the City �
. of•.Lynwood is hereb;�,authori2ed direc�te'd, on behalf of
the City,of Lynwood';.to�sign the acceptance o£ eaid.offer
' thereon, and City Clerk�is hereby authorized�and directed:
, to a.ttest'the said.acceptanoe.. . '
. • Sec.tion 2'. :That refunding bonds of said District
be�sold for cash' and the :said bondholde;r pafid in cash at �
,�.; the price sta£ed,'in�said:oPfer. `
• • � yW ��,,a��k`°v�. AUOPTED, SIGNED and APPROVED this 30th day of ' �
. .' t < ti , . '
„ Narch, 1938 /� •
., . _ � � . /..'
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. .�... " / ..„..nbY �J � . I . . .
, ;. Mayor:of th City of Lynwood
r -.� ATTE5 � .. _
. � � , /
' • ' � � ��-� „_;�-�/' , - �.
City, Clerk of- the City of,_Lyr.wood '
and"Clerkwof'. the Cit� Council thereofr,
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. . , .
,._ _ - ' (SEAL). ` ' . '
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` . COUPdTY OF�L'OS .AP�GELF�, .° s`s , � � '
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'"� r�� I,� the under§igned Cit,y Cl'e`rk of �tii�e City of '
� `:' Lynwood, do, hereby', cei tif� �that' the above and foregoing � 4 i
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k ` j y y ,Resolution was duly adopted b,�,the City Council of'said .'., �'z
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s � ': City ;at a`n .ad iournedwregular meetin�s thereof held�, in
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t���', , ,� the City Hall of sazd Cit�r, on, the ,30.th da,y., of 2�T�,rch
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