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HomeMy Public PortalAbout1148 (09-13-38) . _ . � , ,. ,.,., � , , � , . . . , , . �. . . .. _ . :.. �: -a. ,: = ,� , . , . � . . . . ly � . . . ' RESOLUTION N0. 1148 ' _ ' RESOLUTION SELLING TI� REASSES'S�IENTS OF'ACQUISITION AND IMPROVEI�NT � � DISTRICT'N0. 24 OF THE CIT1' OF ' LYN4VOOD . • WHEREAS, this City Council is.conducting a � proceeding under the Assessment Bond Reflznding Ac of 1933, as amended, to refund the indebtedness of Acqui-,. sition and Improvement District No. 24 of the City;of • Lynwood; and , WHEREAS, a reassessment.for the refundin� of r the indebtedness of said District has been filed in the office.of the City Clerk of the City of Lynwood and it ' - is desirable that said reassessment be sold im order�-to------.-- -- provide. moneys for the refunding of said indebtedness, .and the price hereinafter mentioned is a fair, price .for said reassessment: NOW, THEREFORE, THE CITY COUNCIL OF THE CITY � OF LYNN]OOD, CALIFORNIA,.DOES HEREBY RESOLVE, DETERMINE � .. AND ORDER AS. FOLLOWS: ' � Section 1. • That the•o£fer of Morrison Bond Qo., Ltd. for the purckiase' of said �reassessment .Por.the �•- - �price of �16,700, payable as.pro'vided in'said offer, be . and the same is hereby accepted, and all reassessments levied in the retlznding'of the indebtedness of said • � . ' . .. ' ' . . �. . :j..; . .. ' . . . ' . District`are�her'eby.awarded and�solcl to said Company: . � - . � � . Section 2..• That tYie City ,Treasurer be ari3 is >. ; � , :� . . "'. hereby directed:to receive payment �of.said.purchase price - • :.-, , ... .• , . ` and to issue refunding t"n'onds as provided in tne refunding, �. � ' � '-proceedings and to deliver the,said refunding.bonds . ' "�'�' , . , ,.:: •� ," ` said.;C.ompany in accordarice.with the terms of ,said offer. , , . , , . . . , , , . „ ;: . . ,_ . _ �., . . . � , - , '� � �., Section 3. That`the Trea"surer of the City of � �Lynwood .and all other,of£icials"of`said ,City'are`hereby _ •' . ., authoriyed ,and directed to."take ariy'and•�aSl steps and to per- , . M... , , . . . • form any and all :necessary and° converiient; for the ��car- , . -. . , . t . � ... , . t - . .. . . � . - . � µ �. . .. .. � . � . ryiri$ out of the-contract created by this acceptance of the. - . . � „ --, � .> .. � � aforesaid offer. ' ��,? ' •x� :' ' r . ... . . . . ' . . . F . . ' . . � � . . .� ' �. . . . . . . . . . a . y � . , ADOPTED, SIGNED. AND� APRROVED,--this -13th,day, : of .,. .:_ . . geptember; .1938.. ' ` , ,.. , . , , . . � . . , . , �. � ' ., _ `-.�;�?�� : ,. � �,Mayor of the. of Lynwood, - ; -. ;.: . , _: �� .'� . � ;- : : • - . California. . _ . ... . . . .. . . . , . , . ' ; ATTEST . ; �„ , . .: ,. . � City� Clerk of the Citp oP . • �,,,��Iynwood,._California. , " . ; s,� � � � .. ` �� (SEAL) y. t. � ` -�� � Y c � ,� ! , � `., . . . � _ �-' , � . ' , t _ .__ � .' . . �. � � , ,n- , < ..,_ __ u v . , „X ,� . ', ; N, > . * ,,�,.;':. � ? . ��. � . - . . . ;� . �'- _ . . , . ^ Y , ' . • . . . • '� • , . . . . . � ..� r .. o . � . . . .. .. .. . . .. y '. . ' ' r . . '. . . �: . - . .. - , . . . . . .. �� . . . ... . . � t "� .. ' �.`,.!' .t.n• . . . . . . ' � . . . . � .. . . . . � - , ' . n . � e., .. . . . . .. � ' ..' i . . ' ' . . . . . . . ' ' � .. ' �. � . . .. . . � . . . . . . .• . � •. �' .� i . �� ... ' . � . ' . .�.. . . . • . . �' � �.. . . . . . . . . . . � � , _ 2. STATE OF CALIFORIQIA ) .- COUNTY.OF LOS•ANGELES ) SS, CITY OF LYNVVOOD ' ) . . .. � ' I, R, l•ti. ANDERSON, City Clerk of the City • ,. of Lynwood, California, do hereby certify that the . : .foregoing resolution was duly adopted by the City Council oF said City at its Adjourned regular • ° �. rrieeting duly held on the 13th day of September 1938, . _'." • ' by the foll�owing vote, to wit: , ., . . :., � AYES: �Councilmen• Lake, P.4eyer and Nation � � - , • . - _ ,. t ' NOES: Councilmen None : , , . -, . . •. . ,. . _ . , ' " ABSENT: Councilmen Snvder and BoGtPr , . . Y .,... , � , " �-�, : : • �, t;%° . �,:.. . . , �+:' ' ; •, - , ,��,� � ti • ' , "; . '. City Clerk of the City of • - � ' y ;r: � � Lyntivood, California. . . �., _ n . . . � "',, .. "' _ �SEAL)