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HomeMy Public PortalAbout0998 (07-27-37) :1' -. . . . � , ,' ' . , . . . . . � . . - -. .. �, . , . ' . . . , a . .. . . ,. . � ,. .. � .. . . .. � . . - — . . . . ., � �. _ . . , . :� . . .. . . ,. . � . . .�� . . . -� . . . . . �'� � . . . . ' . 4 � , . ' _ .. ' RESOLUTION N0. 9A8. .' ' `: ' . RESOLUTION REPEALING AND RESCINDING RESOI,UTION NUMBER 993 ENTITLED.��RESOLUTION OF TIiE CITY � "' � COUNQIL OF THE CITY OF LYNWOOD, CALIFORNIA, .,�. • DECLARING ITS INTENTION TO REFUND THE IIdDEBTEDNESS ' OF ACQUISITION AND IMPROVEMENT DISTRICT NUMBER 19 �, . , _ , OF , SAID CITY�� ; . � , .. . . e. ;_ ,. . � ." . � 9�REAS,,the City Council of the.Qity of Lynwood, Aalifornia, �. ' ,�. ; hae,heretofore, to wit; June 29,.1937; approved, adopted, and passed ; _. , . , „ , ., ,. : �. . - � a reeolution,.declaririg ita inteation-to refund the-indebtedneas of .- " Acquisition and Improvement Diatrict No. 19 of sald.City, under . `; ,. 'provisions of an act of the,Legislature o£ the Sta.te of California; , ,". , , _, ., . • , : , . .` designatied and known as.the Assessment=Bond Refunding Act of 1933, . . , ,, , � appioved June 5; 1933, Statutes 1933, Page 1915, and_'of'all acta sup- _. < , ; . . plementary thareto and amendatory'thereof;'and, , ' , . - . . ,. � . . . `'�' '�' : SGHE&EAS, Certain portions of said'Acquiaition and Improvement � °llistrictuNnmber 19 lie within:unincorporated territoxg:of .the Gounty-. .° .: af Los�Angeles and certain thereof 13e'witbin the boundaries � : . , ., . _ - � . . -: , � of • the City of.' South Gate',' Cal'ifomia, and � `' � " ` � WHEREAS,' the,Legislatuie of the State of California, in the l.' 1937,seasion, did gasa'and adopt=Assembly Bi11 No. 1588 amending certain � sections of the said Assessment Bond Refunding Act of 1933 and.adding, '. , ' " a section thereto and � �' ' . � : ;, _ , , , . <... � ,, ,:. � . . - ' .: ,, � � ,; . , . , �REAS, the Governor of tkie Stat"e' of California',did, oa�or . , .. �• . , about the aecond day of July, 1937, sign and.approve said Bill which , then became Chapter 853 of the 1937 laws.of the'State of California, and ' � ' ��H�RFas, said Bill was,an emergenc� measure aud became'effective � imvnediately upon the signing thereof by:the Governor'a's aforesaid, and • ,. . r � � �' P7FiEREAS, the amendments to the said Assessment Bond'Refunding ,. _ . ` � Act.of 1933 ahich became effective on or about Julg.2,,1937 as.aforesaid " �, amende Section 4 of the said Assesament Bond Refunding Act of 1933'to : • ' ' , . � . .. ' . , ' _ , ,,.. , . .. _ ,:' . .. . . . . . .. . . ;. . , . .. , . . ,....._,. � ._, . ,_. � , ,. . . _ . ;:. �„ �....., �. ,. , _ -� , .. . . - . ., _ �. • , ,, read in part as follows wit:. . ,, � : . ,� • , • _ � ` ' °„.iri case.the assessment district lies partl9 wi'thin . . , unincorporated territorv a county and'partly witliin one or more mo.n'icipallties, the'legislative bodg oP ,' -:�. ',`° the county, oi� of ai�y municipality in nhich an,p poTtion � � ' of the distxict lies, may conduct proceedings to reftind ' the indebtednesa of said diatrict and.to a reassesa- ' " ment therefor; prodided; howeqer, that in any case in - �- . , ;, which the assessment diatrict lies en'tirely within two" ,. � or more municipalities„or partly within unincorporated: , - territory of a county and partlg within°one or more :.' municipalities, or in any.case in`whi'ch'the.legislative �. " " body propoaing to conduct.the refvnding proceeding is, . . � - not the legislative bodg whieh levies the tea or:assees- � " ment for the payment o£ principal and interest o£.the ` ` . � • .`bond's�to be refunded, the legielative boc� which proposes to condnct the'refunding proceeding ahall obtain the ., ' ` consent of .the legislatide bodq of each,municipal.ity in. � which anv.part of the district lies;"of the legislative, ` , . �bod� of the aounty.in caae a part of the district lies � ,,. in unincorporated territory of,the county, and of the �` , . lagislative which levies the said taz or asaessment � , for the payment of principal and interest of the bonds ' to be reYunded,-to the refunding of tha 3ndebtedaess of ' ' : �` such district under'�this act and the levying o£ a re- � asaessment there£or. Sucti conaent 'ahall be obtained , - prior to the adoption of the resolution of intention . ' . �.. . - b � : , .> .. . �... . - , . . ,. � � in the -refunding proceeding and �ahall be eapressed b,q: °�`� resolution, a certified copy of whic5 shall be filed '-. ° with the clerk of the legislative body which proposes. ; ".. - to conducb the.refunding proceedings on or before the . , .� date the resolution of intention in the refunding pro- , ', � ceedings iJ adopted,".'S9hen euch consent hae been given, the legislative body to which the consent has been ', � •, granted shz,7.l 'l�ave complete Suriadiction, poRer, and • 'authority to refund the bonds o£ such.district under . this.act and to levy a reassessment therefor under tlie �. '` ` provisioas hereof�° and , ' . ', _ 41HEREAS, at the tiime said Resolution No. 993 o£ City Gouncil •° o£ the'said City of Lynwood was adonted, as a.foresaid, the City Council " ' of the -0 ity oi South'Gate, California, and the Board of Suporvisors of the Count,q of Los AngeYes, California, had not'given thsir consent to the " - ; ' refunding of the indebtedness of said Acquisition and Improvement District T Number 19 and the levy3ng of a reaesessment therefor by the said City � `• - Council.of the City of.Lynwood'as in sa3d amended Act made and provided �..::t"� ,� . ` NOW TEiEEEFORE, be.it resolned by the City Council oi the�City�oP _ • <<, , , . � Lynwood,�County of Los Angeles, State of Californis'as.follows: -. ' � - 2 - ' , • • . � . _ ;, � � 1. That .the said Citg Council of the City of Lynwood doea • . hereby�repeal and rescind the sa'id Resolution Number,993, antitlad:�'A . � ` . � . Reaolut'iqn of the City Council of the City.o£ Lynwood,'California,' ' Declaring Ite Intention to Refund the Indebtednese of 'Acquiaition and '..' Improvement District Nuihber 19 of Said City", ahichr,said ResoZution aas ' adopted b9 thi's'-0ity Council on the 29th day of dune, 1937, ' " �, ` 2. .That said Resolution Number 993'is hereby repealed arid , . _ , '. . ' • ..� . ' , ,. rescinded for the reasons aforesa3d aad not otherwise. . . . ' : ,..,, . . - ' • ," APProved and Adopted this: �7th dey oP JuIY ;. . . . . ; . . - , 1937. : _ ,. ' . . ` p_, . , � _ , �L ' ' , ' . � , . , ., Mayor of .the City of L,qnwood , ' . � ,. � � � �;;�\a.4r : . - . . . . .. . . . , ' . . � � ' � S..""" F.J , ' . . . . , . . _ . . . - . . . At,teet," � x : . . . ' , . � " Y"i � . vj� . . . . ., - . , , .:.. - �.,�".,��-�`'� ; �'Y - .. ° . �. . ' . ' . .. ,, .. , . . � ��� � . , � .� � . � . . , . . . . . � ' - /f��d,-.-� .� . �`�. � � � ,� City of`Lynwood , ' l. . . � ,; �; � : �.,.: , , � , . ., �, � � ��. .:• �� � � � �' , , � . ,, � . ... ,. . . _ . . . . � ... �'� - ' � ' . . , . . . , . � � .: o v .. . . . . . ,��, �._�� , . . . . � , .. " . , �Aa,w. ,fv'•'�P'S . . . . . � .. • . . • � • • ' . . . . . .. . . . . ' • ` I, R. '6N. ' Anderson , City Clerk of " �•the City oP,.Lynwoad, do hereby certify that the foregoing:resolution was . , �- e . . . . � . . - . . , . •duly pasaed by the City Council of,the City'of Lynwood,`State oP balifornia, �. , ',. and' approved by the Mayor. of said City at ar� ad�ourne r@�ular meeting.thereof, held on the �7t�h__ da,y of ��1v , 1937, and that the - eame was passed by the foll'owing votes, to wit: `'' �' AYES: COUNCILMEir Lake, Nation � Boster. ��,�.,a4.v��,:.. ,�. � . .�" + _ . � � �- . . " '��./ �'� '��.�I' � . .. , - , . ' . . . . .. . . . . , � y �-^��" ' ', c v � i t� . ' , . � � w �� `\ , A ' �' .� r � NOES: None. r ` � '� �� ' � ` � ABSENT; COUNCII.di�tEN Me �er and . der. " . . j N :. r w ! 4� y - . . . . . . . .. : . - , , � . C a "', • �� . '+ . ' - . . . . .' . -, ' � Y�' � .r ... . , . . , • � - • � t ti s� ' � ... � . .. . � . . , � . ,. ^. ,_ r � ` �:- '. . . . . . � . - h}; ��s-` ° ; CITY CLEHK OF T� CITY OF'. LYN1ti00D . _ 3 _ _