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HomeMy Public PortalAbout1029 (11-30-37) , , ,.� , .�. , . : ,. _ . . . s= ''< `, , "`` i �, , RESOLUTI,ON N0. 1029 • . , RESOLUTIOAT ACCEPTING OFFER OF CENTRAL ' ., LIF'E P.SSURANCE SOCIETY OF DES MOINES, �,' IOWA, FOR THE PAYNIENT AND�OR SALE OF �� ' ' . , : ` ," BOTdDS OF ACQUISITION -AND Il4iPROVFR'lENT • . •, • DISTRICT rTO. 6 OF 'THE CI7'Y OF LYNVd00D, ,_ - CALIFOftNIA, IN REFUNDING.THE INDEBTED- ' - . ' '' NESS OF SAID DISTRICT-. . . . � , ' tNHEREAS, CENTI?AL LIFE' ASSURAIdCE SOCIETY of�Des ^ � . NTo'snes., Iowa, is owner of �6,971.50 par value principal � , . of the bonds of Acquisition and Improvement District No. 6; . ' of.the City of Lynwood,�and of �220.90 due 'and unpaid..inter= ; est coupons thereof; and � ;., NIHEREAS; said,company has this day presented. to the . . . ,,� City of Lynwood an offer to sell and deliver all of'said ' , borids and coupons-to the City of Lynwood for the purpose of �. ' refundirig the indebiiedness .of. said District,.and �said Gompany � , is.'to be paid for said bonds and,coupons the'price stated in. ���'�' ' sa,'id' offer.;�and this City Council is to�seLl�the refundin�-:-- �--,� _ ' bonds for dash and pay said bondholder.s in cash: ' . . :. . . �NOPJ, THEREFORE,','the City. Council of the City of Lynwood 'does hereby resolve, determine and order as follows, ,, - � Section'1. That the,offer of said Company be and , . • it is hereby:accepted.. , , Section 2: That.the refunding bonds be sold for cash and that said.bondholders be paid in cash'at the price ... . . . - � •' :3 . '' '.Y: 1. :: y r, ,_) � ' .. . � .. . . . . stat'ed in said.offer'and'that said offer and tYiis' acceptance thereof shall constitute a contract.� - . ., , t- r i ,�,. - � ;,,,.a.�"��: f ADOPTED, S'IGNED AND APPROVED this� �30tYi day - of Novem- ° � � . w �i � ��� R-^�.,. . . . > . r . . . �,��, b 1934. , ,� R. .. ` . . � s '.,�,.. y _ .,ry �� . ._ , . . .. . , ' �.�� . - .. .. . . „e� . o. � i / _ .. �� �G" �^�y;,'� �SEAL) f ,. r '�'� .,� • � - Mayo of\the Cit �of Ly'riweod, r � ATTEST: � ?`' agifornla. �� � / .'.\4 Y � x y�_. l _ ! - �' i ^ T ". i+ �/ . > v ""' .' — ;� ' . . � . � � ' , � � l � �.: . ` _.. ' �. // , . . . ��.° �, .. , e�. . ' . ' ,- . ,' . . . ° ., , ." . �# .r"� ". . . ,� . . ��, :. . .. ... , ' _ .' . � . . . ' . .. . . -„ City�CT'erk of th.e ity of Lynw od � ' arid�:Gl'erk of the City Council thereof,. ' � .�. r :. . . . . . . . , . . - - � � . . � , � � . . . � - " . . � : . � � � -. . .` ... � , -' . . . ' . �- . . , . . , , .. . • STA^1E � OF' CALIFOP.ITIA. . ) . . . . ' : :COUNTY OF LOS ANGLLFS ( SS. " '' CITY OF' LY"N1NQ�D ) . ' I, R. 6'V. .4ND>.�RSOi'V, City�. Clerk of the � City of � Lynwood and Clerk o£ the.City Council thereof,� do�hereby °. ' - `.�certify that the above and fore�oing resolution was adopted' '� - - ,- by the City Council� of the City. of Lynv�ood at• its. regular '" . , � . adjpurned meetin� duTy held the 30th day' of November,- . 1937, by the-following vote, to-wit; " � - ' � . � � AYES: .Councilmen, HSeyer, :Natiori,_�der and I,ake - i�TOES; Councilmem . None + . _ . : ;,� �.,,, r � . :..`' ,n-- ` ; ; . , � , F;, .ABSENP � Councilmen Boster � �� . � .. . :� � � � � . . . . � �,. ;,�, � , . . , , -. ,. .� > � . .., . ` ;, , . • . ., - . +�� . µ� y ` �y . .. . . . - . . . . . . ' , . , .. . , " . J �F. �'.. , µ � t �` �' . ' - q.. � � " ' � . ,. .. . 1 F ,�., , r _ t s ' .. // _ _ , . . � . �` �,;,.,�� City�lerk of the .City oi' ynwqbd -, . , ``. . and CIe`rk of the City Gouncil � . (SEAL} �„ . thereof. ' . . . ' . . j . :_ , , i;: , °�� . - � ..-� � . . .- '. • �- .i�J :. . ' . . �. . . �� ., � . . . ,'` ;;: �'' .. � -, . .�-� , :i . . � � � '. , : `• , , . .� ; .,�� .�.. i��.,. .� .; .� . � . .. � : " # '" ,. , . . .. , . . . ' . , r ,. . �.. . � . . . . .. .-. . ,� .. . ._x , . . .. . . ' . . . - , z ���� �Iy : . .� . . ' . ." � . . - ,.. . . ' . . . � . . . . , , j q ��t j � : � — q .,� 5 . , ., � . . . . . . . . ..Sab . . . . . . 2.