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HomeMy Public PortalAbout1150 (09-13-38) , . .. . . � � �, : , . � � � .. . . RESOLUTION N0: 1150 - � RESOLUTION ACCEPTING OFFERS FOR SALE .. OF BONDS OF.ACQUISITION AND IMP.ROVEMENT . DISTRICT N0. 24 OF THE CITY OF LYNWOOD. � WHEREAS, thi� Gity.Council is conductin� proceed- ings to refund the indebtedness of Acquisition and Improve- , ment District No. 24 of the City of'Lynwood under the Assessment Bond Refunding Act of 1933, as amended; and GVHEREAS, certain.holders of outstanding bonds of said District hereinafter described have offered to sell ° said bonds and all interest coupons agpurtenant thereto to the City of Lynwood in said refunding proaeedings and it • ' is desirable that said offers be accepted;F __.____.._._ NOW, THEREFORE, TI�E CITY COUNCIL.,OF THE CITY OF . LYNWOCD, CALIFORNIA, DOES IiEREBY RESOLVE, DETERn?INE AND ORDER AS FOLLOWS; Section 1. That the offers of the persons herein- : after named for the sale.of bonds of said District in the totel par value principal amount set opposite their respective names be and the same are hereby accepted, and the City Treasurer of the City of Lynwood.is hereby authorized and directed, when funds are available therefor in the A. & I. No. 24 Special F�,ind, to pay for the said bonds (except such portion thereof as has theretofore been sold'to the County of Los Angeles and paid for by the contribution of said . County in this refunding'proceeding) the purchase prices stated in said offers and upon receipt of said bonds to c�ncel the same�and all intenest couporis appurtenanb the'reto. • Section 2. That the names of the owners of • said bonds and the total par value principal amount thereof are as follovrs, to wit:; Names of Owners Par Value Principal � Amount of Bonds. . The Brown-Crunmter Company �30,104.46 N!. W. Smith & Sons � 8,000.00 . J. 0. Davis � 2,000.00 A. W. Mitchell _ 3,000.00 , _ � ..-------- -- - - , Section 3. That the City Treasurer' and"'a1T `""°' "° officials of :the City of Lynwood,are hereby.authorized and directed to,take all steps and perform any and all -,. . . 1.. ' ' 4 • •. � ., - . ' .. acts necassary or>convenient .in ca`rrying out the cont created by this acceptance-of,said,offers: � . � . r , ;, . �,: .. . , ,. , ADOPTED,.SIGNED AND APPROVED, this 13th day of September, 1938. � ._. • MayoY� of' "the C�Lynwood, California. ATTEST• . . � wa.a... � l/ .. � � � . � .: - ... . � � .. .. . . _.. .. .. _ __ � � _ _ . ..-. . __..... . .. . . -�?'��" °City Clerk of the City of Lynwood, � ti'° . California. • �� �. � . � � l (.SEAL):.I'Y � � ��o_ � , � �� R ` � . i. . 4 .� � . . . . . . .. . i 6 ;Q i �` . . . `� . . . � � . . - � � .� , � . � . i. � . - . - . . � � . ' . . � , ♦.t�` . . . . . . .. . . . G• . •" . . . { ,� � . . . , .. . . : _ ._ .. . . . _ , .. ., � . . �- , .- ,. . y , _ . � �_ ' � ' ''r: � . .. , . � ... . .,. . ' .. � . . . .. � ' . � , . _ ' . , � . .� . . . . . ' , . . � - . • . . � - . , � , ' � , ' � . . . [ . , .. .. . . : . . . , � ' ' � . ... . - ' � , . :. r'STATE'OF.CALIFORNIA ).: � ' .. " . ' ' : ' COUNTY OF LOS ANGELES ) SS•. .' ,. • ' `_ ' :. , .CITY OF LYNW00D . � ') .,'; .' ' . , ' .. ,, ; • I, R, tiV. ANDERSON, City .Clerk of the City _ of.Lynwood,� Cali£ornia', do; hereby certify that tlie. ' ,� foregoi;ng r.esolution was duly:adopted by the City' .. „ � � Council of'said City at its ad_toiirned : regular • , . , � , � . . ' . �, - .. . • . ,. '- ' ' .. . - • rt. "' meeting .du1y. held on the 13th 'day: of September,. , 1938, r :' ,• , ; , . Y� _ . ' � Y� - . . . � .♦ � by tl?e following vote, .to wit : -� - .. . . - �.�. . , i . . F. . . . . . _ � ., e '. , ' _ .. . , . - � . . , ' � .. . . ' . , ' . . x �'' �,, n AYESt Councilmen Lake, P�Ieyer� and Nation = . , - , . .. ,�. , , = , .. . . , , . .. . ,. . . .. , .• � . , 4 ��.t . . , . .�.. � . . . . ' . . - . � � . .- . .. . • ' ' _ .. . .. �. . .. . . � . � .. " . . ' .rl• ' .. i . ,.. ' , . , ' , ��.,.: +.' . " ' . . . . ' �.J. ; � � - ' . •NOES: 'Councilmen None , . ., . � . .. ._: .. . �, ..�._. . ;-,r� ,. � • _,,. �_ ---*- '. _ . i � , . . . v . � -� . ,. , . �. • .� _ _ . , - - - . " - -_ ABSENrP: , Counci'lmen Boster'.and+ Snvder . .. x r^rip`�,.� t} � .�1� � � . . 4 � . � . . . . . � � .' s+., i � _ ,� . . , . . . , � v'.t t � �� . • ' � � ;� � �,u , ,, .r � �t� � : �'"` x . . . �.��.... � .... 1., `�y y�..` s � ' � , � � ' • . ' � _,. - ' ' .. ,_ . � , � „ ; ;�.° � r ° � ' � � � C ty C erk of the Gity of ' ,; ,,, .,,°. , ' . � . ,. , •. .,•�, L � ' Lyntivood, California. ,. � � �?' . h ..� .• �'SEAL) . . , . . .: . x . � ,. .. _ ., . . � W . . . ,, . . ., . � � .. , . . . . . , . ,�.. , ' , . • ' . . , ; _ _ . . , , � • , ' � . » . u. ..__. . .. . �. � : �� . ., . ,.. . ,.,•. , . , . ,. , . .� . . , .. " ... . 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