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Home My Public Portal About1044 (01-27-38) ' , , . _. ' _ ` � _� � _�_ , _ � � �� , � . � , : . �� . . -� ;� . � � . . .. - RE50LUTION, N0. ?1 ' ' � ', �. : RESOLUTION,ACCEPTII�TG OFFER OF BANKERS.' . � LIFE COMYANY OF D�S .IvtOIDIES; IOWA, FOR' THE SALE APT��OR EkCHANGE OF BONDS OF: ;. ' - ' � • AC�IIISITIOIJ AND IMPROVEIt4ENT DISTRICT '.,-: .NO.' 9 OF 'THE CITY OF LYi\TVVOOD OU'JIVED BY,� SAID COMPAPIY IN REFL'IvTllING THE INDEBT- . _ EDNESS OF SAID UISTRICT:' � � , � VVF�REAS, Bankers Li£e •Company; o£� Des P,Toines, . Ioera,.is the owner of �p56,303.43 par value�principal of. , ., , , bonds of Acquisition and�Improvement:District No. 9 of • ' -• the City of Lynwood, aiid of due arid.unpAid interest cou- ' �pbns appurtenant to said bonds in the amount of � 4,038.97, � � ; being all of the outstanding indebtedness of said district � except certain interest coupons owned'by said City of . . . . . ,. , w ,- Lyn�rrood; and , .. � , , . ..,.... _ � ..,.. ' ,.� ..__ . . . ; . : . . . . .. . _.. . .. . r . . :: .., . . , �. _ ,. ._... -_.... .. _ . _• � WHEFsEAS, said bompariy has-this�day presented . . , , •� ,- to the Cit�y of Lynwoo� an;oPfer to deliver�all of.said bonds and interest coupons to the City.of Lyn�vood for� __ cancellation in.the refunding proceedin� now pending - upon.the payment to saicl company bf a minimum amount in cash.and.;the balance.in re�nding�bonds of said dis- -. � .� , � . - _ , ' . trict, 'all as 'stated �in". `said' offer;; - . ;.. : ... � . 4 . � �, � �. .; . ,° �.. _ `", t,,. . NOVV,,�TI�R�FOY�E; ,the City Council of the City ' _ of Lynwood does hereby re�olve, determine, and order � . ,: ._ �... ..�as £ollows x , v' , , ,, . � , . . _ _.._., . ' . � �. ....�_ _,,,,_ ' • Section 1. ., That the offer said company be and tlie same is hereby accepted, � �- ; . : . � ` , '. , , . . , . � . ...t . . . ,. !. _ . ' � .. . �' w . , .. . � . . , , .. . . . .' :. ". , .. .. ; . . . . .�.. ... . ... _. . _ � ' . . . - .. .. - . . . . . _ � � ' . � . . . ' . . . ' . - . , . . . .,.. ,. ro � . . . . � x . . . . . . � t]• F �s . . . . . . .. . � . . , � .. �. � � " •� . . . - - _ . � i � � . . . - . . A ..- . ' . . .. . R ¢ .' r � y � �. � � l.. .' . •. � y , � " � -. . .. L ay ..rr. . . . . __, . . . ' . . � � . , . , . - . . � . .. a . ' ' . . . f . . ' ' . .. . - . �.' . � �, ' Section,2. That this.Ci�ty.Council and the ' � proper offioers�of-the o£.Lynwood.do,and perform - .� ali acts necessary or conveni�ent,for the purpose of carrying out •the,contrACt'made_.with sa£d oompany bp, ,� r � the acceptance of.the aforesaid offer.. _ , • ADOPTED,,SIGNED, ANll APP$OVED this 27thfday ` � • ��.��... ' . � •. ,;,of�January, 1938 �- � . - .... �-. -„y. . _ • . -� r k � �, y . . , v �� _../�' 5/( � . . �� "1� CY Y � �� ' `� �`. �� , . . . " • - . .� ,�,r, .�� V 7 , � " . � f� <> wk �' _' � •`' �-�= �. '_ • Mayor of. the ity of Lynwood, :, � � � ��.(SEAL) -:� - � C.alifornia.'; ' R �� g . " _ _ . , .. ' . , . i � J y• " . . - � . � , � , _ . .. , W AT�TEST '.'� � .. . r .: "r,� � � . j . .. , . % � //-i ��+,,,�,=,_ � City.Clerk�of.the City o. Lyrnvood, � , . California, and Clerk.of'the City .. � . Council�thereof: � . �. . � ' '.:STATE OF CALIFORNIA ) " -. � � ' `COUNTY'OF"LOS ANGELES) SS. • � ' . �_ CITY OF. LI'tdYV00v � , j .- . , ' ' ' • ._ < . :, , , , : I, W. ANDERSON, City Clerk of the City of � Lynwood and Clerk of the City Council_rthereof;.do hereby � certify that the above, anci foregoing resolution was • ' adopted by the,City Council'of the Clty of Lynvrood at ''" its re�ular adjourned me.etiri� duly held'on., 27th. . � " day of.,..January : , 1938, by the_following uote, to wit: . AYE5 ` Councilmen :,Meyer,_Lake, Snyder and Boster.„ Y �,�� r .� * .;NOES. � '. Councilmen None. . t... . . 5 w �"� ,. . . . . . . � .�'� `�� .. . - .n � • ' . ' , -. ' � , .. ... _ ...�. ......W_ wu_ . = � , �� . . " ' .. � . . .� . _ ; ,Y ' " ABSENT�; : Councilmen Nation. � � .• .., .. „ r _. , . . r . t+ . o .. . . . ' . " . � � . a � , .. ' � . . .� . . � .. _ , �: , , . . . , � . , .. .. , . �. . . . . . i '�y • s . . , _. . . . . . . �.. . . _ . . ' . � . ��. � . � . .: . .'.. ' . . . .. .» - - - � � - � � ; .; . . . . . . � , � ^ —��``` � . � . S ' _�K , ' � ' . �. � . . . , . _ ., � - � 1J . ` h � `` " City'Clerk-of the ityof Lynwood . . . : , ' ; {SEAL) -. arid ,Clerk of the City �Qouricil thereof . � ' 2 � � ; _ ., ... ...�. , . . . .