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Home My Public Portal About1045 (01-27-38) , . . , � � ; -, . , . .. . . � , , , ,.. - . . . :. , :;., .. HESOLUTION NU. �1045 , • . , � ' • , , .RESOI,UTION F'IXING TERMS OF PAYT�NT -OF� "" � COU20IQS O;�biVED EY THE CSTY Or 'LYN,^lOOD . .'.. . ". IN TH�.' •t?�;Fi[NDING OF THL INLEBTEDNESS , .' , OF' AC�?UISITION_9ND It�1PROVEMENT liI$= ' . .. TR�GT :NO. 9 OE T:P:E: CITY OF LYN4`JUOD: . . . . � ° t�° �i;. :;.. :; � ' - . VVHEHEAS , the� :C ity�, �of Lynv�,00d .ow ns � 2, 985: 05 ` par',value,of due,_ and unpaid coupons of Acquisi.ti`ona'andr . . , , , �. , �, .:, . . . ;.. , 'i': .. ' � ; Improvemerit vistric�t 'No.. 9�:of the ,Cit,� of Lynwood; and` . � • . , � ' ' _ ,. ' 7 : , .. , ,. � . :: ' .: , �l�'HEREAS, pui;suant to� ResAlution=`of 'Intention . , .. �. ,. , . . • . ,, �., No. 1006 of 'the Gity of Lynv�ood; a proceedin� has b�en �, '. instit'uted for the purpose -of refunding tHe indebted-, ... ` ,�', . ness of said L�istrict, including_the, aforesaia coupons: � . . : _ : _� ; , , . � : n?OrV, 1HEREP'ORS, the City Council .of the City. � ,�..---- -:-.,.-. ;, ,of,Lynwood hereby.-resolves and agrees that= the-City of" " Lynwood be paid the,sum of � 2,985.05- :for said coupons �:n; said ref'unding proceedin�;` which .said• sum tne Citjr of . "• Lynwood �agrees to take_ in, full •payrr�n£ and di�.charge_ �of . � ,,' �:-. said-'couporis., 'Saict surri shall be paia from moneys now ,or ._ ' � hereafter available therefor derived from cash'p ' � ', on the �reassessrrments, coritributio.ns by�property owners, ' . , ., or roc " � - - , ' - • p eeds .of tYie refundSng .bonds, 'or from any or all""of � said.sources,.and. if tY+.a morieys available. for.'said payment ''" `. after providing,for,the retirement and cancellation of all . other bonds and coupons be= insuificient to �pa;� the, Gity .,_,�, :, � �all� or any �art of ~ said sum, the � City of Lynwood agre,es in •.' any event to ca.ncel said coupons'in carrying out.'sald re-_ - . - fund�in� �proceedin�s. . . . �''. . ' . , •. . '. . . , . ,, . . . , . ? , - . , , -.�.. . , �, ,. : - . . . . . .. . .y.. �., -,. . _ . . . . , .. . . . _ : ,_. ., , � . � _ . . . . . . .. � _ ..: .. .- • � . . „ , . . _ . , , � . . , .. .. . 3 • .; • . ;. . . . � .. . '. .�. '... �. . .. .' ... . . -. . 4 . _� c•To the.extent,that the canoellation,oP.said' s ,.. coupons as above' provided�ma�.be ,,s contribiztion of moneys �. of• theCity of Lynwood, it is,�tiereby determined that the . - " "" � public y intere,st,; �convenienc`e and necessit,� i•equir,'e such � ': ;,:_ • : . � ,. .-: . contribution to aid and assist'in refuridirig the inciebted-' ' •. .. ,,. , „ . ness of: said district:; . - ,' ` � , _ • - •,AL'"JPTE;�, S'IGNED and A�PHOVED,.this 27th day of ti`r�.*� - �`� , `1938 .. . -' ' , , ' �,� y � � " '�H.^ . � ' ... , � . . . . ' .. .. . + ,�w .� ',. '�7' �'°' t ' " ' � . }'•.�...� �. ,�y� ' �� - e . - �� ` ,� . ° x � � � l %' . . �"'+' 6 *� �,�� ,�fiayor of the� City of Lynwood � 6 � ""� c= ` � � ' California ' �.�i_'r� , ` � � .� _a.n awq :�..1,�2 C t `� ! w ii � - � -.. . , . , . , - k �"� � ��/L%�.�,�,--�, / � . . . . . . .� ; Cityf Cle'rk of, th.e City of ` ' � ' `Ljrnw'`o`od 'and C le rk of the . . " � � . ° ' ` ' � CityCouncil thereof. : ,, : ' . � . : STAT� O,F CALSP'OFtNIA ) . ' � ' COtP.VTY, OF LOS PNGELES ) SS. . ' C ITY. Ur LYfvt�J OOD. ) ' - , " ;. : . . . . . , . ` • `I, H. .u'V. alvllliRS'�ri ,o`f, the Qity �of ' `, ' ' ;Lynwood'and Qlerk of tne City C'ouncil;,thereof, do• here- . -.' ' by. certify. th� t' the above. and f'oregoing�`resolution was , ; adopted,;bg the Gity Council of the ,Gity .of--Lynwood: a.t �. , its regular adjourned, meet`in�,;duly� ne;ld.on"',the. '27tYiY . . ' day: of ':Jarivary ..,�,:1938�,• bj�, the following,.cote,:`to wit: - ' . , ` �,,.., ,,`, . , � � � �' , .AYES: .� Councilmen �Mever, 'Lake, �Snvder. and Boster. , - ., . . . . : , . _ . _ . , .., . r ., ^��`"'`'�<�� UNOES Councilmen None. _ �" �r. � , � � � . . - � � -. v � A "y� "'r •: �� ... . � '�� ,�' ,. � . � . . ' � �. . . . . . . - � �."`'.. �' � > ; da„ �a.., , . . . . ��,�. �._��ABS�NS: Councilmen Nation _ � � _ . � , � ' � , � - . � ,� '�l,`�:" � i � �/ � . � � ="'` �� . � � /// y . ____ � ' � // _J . . .�� W �/ L�' a�,�� '. . . ' IL / . . � �!' ....�.. .� .,� .- �' �"' � �'� . � City Clerk of"'the ity of `�° . �` ;� L�nwood and Clerk of the City � , •(SEAL)� Council thereof. ,' L . . _ •. h} _� t � .. . . . � . ' � . . � _ . � � . . .. . . . . � . . . . . . . . .� . . . . . . . . 1.. . . ' . . . . � . . . . . • . .