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Home My Public Portal About1147 (09-13-38) J • . ,� ' -.. .. ' RESOLUTTON N0. 1147 RESOLUTION EMPLOYING THE BROWN-� � CRUMPAER COPdPANY FOR THE PURPOSE OF ASSEP�IIILING BONDS OF ACQUISITION • � � AND IMPROVEPItENT DISTRICTS NOS. 15 AND 24 OF THE CITY OF LYN4VOOD, AND FIXING COMPENSATION THEREFOR.- . " WHEREAS, the City o£ Lynwood is conductin� � � proceedings for the reflznding of the indebtedness of Acquisition and Improvement Districts Nos. 15 and 24 ' of the City of Lynwood under the Assessment Bond Reflznd- ing Act of 1933, as amended; and WHEREAS, The Srown-Crwiuner Company is securing � � . � � , . _ _,< _ . __, _ ._. . _,,-__�_.---- -- __��_�.____ _-_.M..�_..�__,. • the conserit o£ bondholders to, such�r@funding and to the making of contracts with the�City-of Lynwood therefor: • "; . , ' . ' ` , . ' • ' . • . NOW, THEREFORE, the City Council of the City ofl Lynwood, California,•do`es hereby resolve, deterinine '' and order as follows:= � Section 1. That The Broam-Crummer'Company be and it is hereby employed to secure agreements with the holders of the outstanding bonds-of said Districts for the sale of the bonds of said Districts owned b� them to _ the City of Lynwood in the refunding proceedings, and that the compensation o£ said Compeny for services to be rendered in securing the aforesaid agreements shall be two per cent (2f) of the par value principal of the bonds. .. � . , � . : • •:� 5 = ;-,< , : =..,e: k . . _ . . . '. . . � _ . • . � , . - . .. .., . . ... . . . .. . ._ .. . . . . _ ..�- . . . . . , . .. . . _ , . . , . . . . ' .. _ _ ... � � . " ' . .. . . . . . � . '� • . .. - , . ` . ,for. wHich' said agreements are secured by said The Brown- . � � ; �� • Criuiimer Company, and said.;compensation shall be .paid upon . � - ,� : ' the completion of the reFundin� proceedings.� � - . ,, . . . : , , . . ., , , . .. . . . �. . • "�. . . 4 ..t . . �'`.. � ADOFTED, SIGNED APPROVED, this 13th•day of � � . . ,. . . . .-._. : .�:.. . , ., .._ .. , , . . • , .. ' . , SeAteniber, �1938. ."., . , . _ -`— ; � , :' ' � . � Mayor: o h� of Lyriwood, . , : , , . . Cal�ifornia. , .�,;�a,,�,ATTEST : _ . . ,� ,- c� � - _ � � �,<� ,� :, �, � � p- � •' � �` � � r 'z' �'�, � . . : . .. ��°^'� � � y4 �� . _ � . / _ ' .. , _ �,- �. ' �� „� „City ��erk £, the City= of Lynwood, . . � �- ''v�� , ` � Cal�i£ornia. � . � � � � ; "� '"`" e � � '� t Y . � ( ' �et' ro.'�'�� r " �' � . ' - ' �- • , �i , r s:'' .(SEAL) � � � �_ y ,� - ,,, 7,�; ; � t � '� W g . r �,. �� . . .. � ' ! , . . � � � . .. . . � ' . °. . .' . _ � . �... � , ... . �. .s�r S -� ��'�: '�. • -_... .. . .. . . . , x ' . . ,. .�+� .,. :a . . . .. . � � e.. . , ' . . , , . . . . ..�d a . . . . ., � .... � . . OF .CAL._T.FORDTIA :' f ') , � , �,, e . t-- .. ::: � ; _:, . ', . . ' COUNTY OF LOS,,"ANGELES": ) SS.� ; t -.` c ' . � , ._,ti.` � � ' .,. ' � CITY OF LYDiW00D ` '^' ', . � �, , r- , .. . : , L . .,. . .. . �_ �' I; R. Nl. AND�RSOrd', City Clerk of the' Cit;j .of . , , Lynwood,, 'California, do hereby`� certify' that tiie" foregoin� � � t `C o sa d . ti n v�ras ,dul `ado ted b the Ci ouncil f i _ resolu o_ y p y y. . . . .. City at'its ADJOURNED:regular meeting duly held on the � . 13th day of SeRtember; 1938,,'by followin� vote; to -� .. ° � wit: ; - . � . -, , ° '' � ` `�AYES: •> Councilmen Lake;'.Dfiever:and_Nation � - � , .�a�5 `� ' �. . ; ,,,e.i�Jw� �"; � ' . � . ' . � . . . � �� " ° i?ir �,NOES; Councilmen None � � � � �+r -- _ -- � =� ... ,. t « r , "r� r. � : ' � .� , . � . . . . � � .. . . - . . . � .. �;� �..- .�., ABSENT:' Councilmen _ Sri d' _ nd Boster � ¢ � �� 3 i f � � � - - � �_%7� _ ' ...._.--.'`_ _ . .r, ^ -�, ' . � , -. ,. . .. _ ._ ..,..., � . . ; .,.:� _ .,._. - ,...,...: `�.' � ��,�'-' `` ' City C erk of the �City of ,Lynv�ood, m<°°� �. California: . � - � .- • . , . _ . .. � . 1 . . ,� .S. . . . . � .. ..�. h'�' , . ; (SEAL): . .. , ::�.� �, �„ �-.. ,,, ... • . -.'� r �r. � �. .� � ��_ t ': .� .� �,...�. . . ' . . . . , . , . . . ' . - . . . " . .. ' � . .; �.' - . � � '. �.. �.. ..., . . � ' _. ' . � .. ' ` � ' � �. .. • � �. .. . . •.. . • . . . � . . . . . . - . a. ' . � ' . � � � . . . �. . �. . .. ' :. . . . . ..' � .T _ ' . .. •.. � .. '..Y:' �. . . . . f . ' . . .. ° . '',. , . .... 2. .. : , .