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Home My Public Portal About1030 (11-30-37) " , FiESOLU��ION N0.1030 : ' �'• RESOLUTION.ACCEPTING OFFER OF BANF�ERS LIFE ,. ' COMPA,TY OF DES MOINES, , IOWA, FOR T�IE YAYMENT , • � . . AND�OR'SALE OF BONDS OF AC�!liISITION AND IM-. ` FROV�MENT DISTRICT n0. 6 OF.THE•CITY OF ` � LYTTWOOD, CALIFORNIA, IN REFUNDING THE_IN- �' " ` � - 'DRBTEDNESS OF SAID•DISTRICT, _ '' ' ,- �,1'IIT;R�'AS, BANKERS LIFF COMP�NY of Des- IvToines;-'Iowa;' -, - is'the owner of �p9,167.14 par value principal of.the bonds.of . Acquisition and Improvement District IQo. 6 of the City,of ` ``. Lynwood; and of �395.12 due and unpaid interest coupons there-.- . , ' " op; and - . -- ,' ::• iNHEREAS� said Coinpa'ny Yias this day presen'ted to the ; " City of Lynwood an offer to sell and deliver all.of'said " � bonds and coupons`to•the City of Lynwood for the�purpose of � , .refunding the indebtedness of Distri,ct ; and said Company is , 'to be paid for said bonds.and.coupons the price stated'in said' • •, ,offer,..and--this. City Council is to sell the, refunding-bonds -for. -.--.- '- �`�� cash and pay said bondholders in cash..� ° . _ . . � 'r_ - ' - - NO'JV, THEREFORE, •the 'City bouricil of� the Gity oP - ,� Lynwood does ,hereby ,resolve .determine, and or,der 'as follow;s: , a ,. <^ � : `'. ; � ^i � �; . � :� � .� � Section �l•.' TYiat the'offer�of said Company be' and It is hereby accepted. ' : '� �: � . _.. _ :: _ >._,. Section 2. •That the refunding bonds be-sold for cash ' . � and tYiat said oondholders be paid.in:cash at�the price stated ' � . � � in'said offer and tha't said offer and this acceptance thereof ` shall constitute a contract. � � .;� :: -- '°. `�` "�'ADOPTE�, SIGNED AND APPROV�D th3s 30th of�Novem- � . . .W.,i ; ��. . . . , �. - . . � . � � ,-'��ber:, �-1937." �" ;. � , •� _ 6 ,. � , , ,g - � . . . � � .. , . . :� ( SEA-L) ' , ` Mayo o�f� the ity of ood•, , �ATTEST '�'' ' . • �,� California, � ., � ` ,-` . � . , '. `. � , City lerk of the-City of_Lynwood . ` and Clerk,of the City Council thereof.' • , , .. . - _.._. , ' ' F_ � . . - � � : � _ . . . h . . a . "' ..� . .. ..' .. , _ �. . +�. . e .'.. �.. ,. � ' . . . . . , . . y ... , . ... . F ,e � .. . .; .. �. : �. _ �.. . i . . , � . ..�i' . . �� ' . '.��1 � �: • -� ..� '.. . . . ". . . ,. '. . ... . .. . .. , � - , . � . , . . v� - .. . . . . . . . .. . .'. ,.., . - .-' .�: -� � ' � . ' < . +' . ' . � .. F! + i� 1 ` „ � = t ` ; ^ ` . • .� ' , , . . . . • • A�. �. .. .. - . ` . . .. . . . .. w v.. �- ' � - � ' �. . . � y .. � i � . I � .. . .. . � " STATE OF CALIPORN�IA '� ) � - . , ,. ;. � e .. .,_ .. ' . . . . . _ ', ."i - COUIQ'FI" OF LOS ANGELES' (, SS, `, ' CITY_�F LYNWOOD , } . • '. . - . :. .: . :: . `' ' ' I, k, 6h; ANDERSON; City Clerk of the Qity of �_ ! Lynvaood a:nd'C,lerk oF the City Council:thereof, do hereby'- `�. certif'y'tha,t the above and foregoing resolution was adopted . , by_the City Gouncil of .the''City of Lynwood'at'its regula'r ° adjourned meeting,duly held on the 30.th day of November, ' " 1937, by�'the follovring vote; to wit;_ .: ; AYES; .�.,Councilmen N�eyer,. l 'Snyder and Lake ` � ` • NOES: Councilmen None. � � � ' „�e,�s.. . � ' � . � . ' •. .� � � � � - � � - - . . . :� -_,. . ... , . . „ _ , - - .. . . - . ,.,� �A�BSENT Councilmen Boster ` "� � � > .*.� `�'� : , . . ' . r' �' *" -, _ y;�' � � . . . .. . ' . . . . . , .",<. �.��- �. ,. � �: . . . .. . . +. . . f . . ... . . . . , � �. � . ^ . . �, ' � r . . . . . . .. . . .. 's . . '•c � G . . � . � � ` . . . f . � . .. ' . ' . . . � " . . . - City lerk of the City o L nwood 4` ''^ and C1erk of the City Council (SEAL) : thereof. � ` - . . , _ . , . � ' .� . . � . � '" ' ', .� .� . , . .. . �..... ...�.�.,-.� n � ....++ .. . .. � r. � . }.� .. . . . . •. . . � . . . �. ' . 2. . .