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HomeMy Public PortalAbout631 (05-14-29).:�`; RESOI.IIi'IOI� 110: 631 • ...Y: IPT T'rP ?vIATTER OF ACC�UISITION AP1D IP,iPROV�!! TdT DISTRICT r10. 25 OF 'i'I�^, CITY. OF ZYNt700D; CA�, RF.SOLLT`�'IOP? FIXING TIitTE 9ND PI._9C� OF HE.9�IIJG UPOSd ISSITAATCE OF BOId�S TO OBT�IId IP�R�,'�:DItITE POSSrSSION. VrHLiir,kS, tnis City Council did on the 12th day of r��arch 1929, in the above entitled matter, adopt its iZesolution ordering certain acnuisitions and improvements therein d'escribod, reference • to ernich Resolution is hereby made for greater certa.inty., a,nd �rhich said Resolution did, inter alia, order tlie ins�itution of an action in eminent domain for the purpose of acquiring property described in the:Resolutiom of Intention in the abo�re entitled : matter, refere_nce to c�hich said �esolution of Intention is hereby made for a description of the property to be ac�uired and d.id ' also order BR�I7TON'A. AIlI'P�i, City Attorney of the City of Zyn��ood, to take such stepa as might be necessary for t?ie securing o£ immediate possession and. use of said propertv, and u9E�I:h�AS, a complaint' in.eminenl: domain !i�as £iled by the s�id B�El`1TON A. HP.YNF on the 7th day of I�Say, 1929, in the Superior Court of the State of Caliiornia, in and fo tne Coiznty of Los 9ngeles, and. rdI3FlRE�S, 'r'lIZZIA'.aI F1A&Li,TT, presiding judge of the said Superior Court did on the 13th day of n�i�,y, 1929, direct that the sum of Ii'ineteen Thousar_d Seven Huridrea Tvro and 99�100 Dollars "(�19,702;99) should be deposited as security to secure the.ovrners of the , property sought to Ue taken iTMur:ediate possession of, just com- pe�sation for such taking and. any damage incident thereto, and �JHG_RF.AS, the said BRE�TOI�T A. HAYtd�, acting in pursuarice cJith tne provisions of Section 28 of the Acquisition and•Improvement Act of 1925, as amended, did on the 14th day o£ 11Say,.1929, report that.the sum of ilineteen Thous�nd Se�en, L-rundred T�R�o and- 99�100 Dollars ( is required for the purpose oS making such deposit,, . F�0'�J TIiERFF�R, be it resolved by 1:he Cit;� CounciT of the Cit� of Lynia�ood: � 1, lhat the City of �ynnood do not ad�ance such amounts as are reauired to be.de}�osited ,to,obtairi such.immed,iate possession and use out of its gener�,l fund or any other -rutla but on the contrary it ie.hereoy resolced and determined that�bond.s of �icquisition and In:y: Dis.trict IZo. 25 shall be issued for the purpoee of obtaining such amounte.. 2. That TU�SD�Y, the 28th day of nt�.y; 1929, at the hour of eight (8:00) o'clock T. :�d., is he fi�ed as the d�,� �nd hous• and the i;hambers of the ,City Council .of the City..of Zvnc;ood is. _ hereby fixed as the place sor the hearing upon the issuance of oonds against tne l�nds in the �.ssess�:ent district of Acquisition and Improtrement District.STo. 25 of the Cit� of Lyn��ood, £or.the, purpoee of obtainin� the amoun+ req_uired by the Court in order that irnmediate possession and use of public c�ays, j�roperty and. rights of crav songht to be acnuired under the proceedines in the above erititled metter, may be had, and for the purpo�e o� furnishing an to all persons ovming�land.rtithin said assessment.dist'rict or otherwise interested or seeling aggrieved. by an;� aet; or d'etermination taY.en and r�ade in°the said �roceedings, or claimine that any of the previous acts, determinations or•pro- c� ,�� ._..,,, ceedings are irregular, defective erroneous or f�ulty, or having any objections to offer or any reason to advance �ahy bonds should not :be issued in the amourit set forth in the notice he set forth., to aj�pear be£ore the said City Council and be hea upon any of th'e.above entitled matters. 3. That the Clerk o£ the City of �ynwood be and. he is hereby ordered to give notice oi' said hes:ring in the rnanner provided in said Bcquisition and Imp�^ocement Fet of 1925, se amended, and - speci£ically that said Clerk shal3 cause to be published in the Zync�ood TriUune by at lesst trro (2) insertions and by posting as provided in s�:id 9et, a notice in the follo�ning form, to-nit: "NOTICT'+li 0:�' ��Ai ING UPOId ISSL(AJJCE OF POTVDS TO OBTkIIuT II��eI�DIAl^E POSSL+'5SIOPd" I1T THF PaLSTT�R OF BCCi,ISI�iI�N AlJD �II�IPROV�J;4FNT DI3T3ICT TdO. 25 0?�'. T� CITY OF ZYTT�,7C�OD. I�OTICE IS L�EREBY GIVEIS, that in the matter of tihe acquisition ' of puUlic *�ays, property and rights of Fray, to be mad.e in the �bove named district, a hearing ivill be had at the nour of eight ( 8: 00 ) o' c1ocY. Y. Iy'I. ot TUESD�Y, the; 28th day of Tv�ay, 1929 ; at the Chambers of the City Council of �he City of L.ync Galif.ornia, under �the; provisions of Section t��eni�y-eight o:f 1:he "Acquisition . and Improvement �?ct of 1925"' as amended, for the purpose o£ deter- ir.ining erhether o.r .not bonds of.,the Uaid district shall-be issued and sold in the snm of �}19, 702r99,• to obtain the amount or amounts required by the Cotir,t in order that immediate possession and use of the public rtays, property or rights of. 4 sought to tie acquire'd under tne proceedings for°the�aboce named district, � and of furnishing an opportu.nity to all persoi�s owning lands raithin said district, or otherc�ise interested, and feelir_g aggrieved by any act or determination done�or had in the proceedings for said district, or claiming that any of the previous act� d.eterminations or proceedings are irregular, defeetive, erroneous or faulty, or hav'ing any ob"jections to offer or any reason to advance cJhy said bonds should not be issued and sold in said amount and for said. purpose, to appear�before said"legislative body npon an;� of the ' above mentioned matters and be heard. Said bonds �aill bear interest"at a rato not to exceed ei�ht per cent �II�) per annum, ;nayable serr.i-annually (the exact rate of interest to be fixed on the sale o� said bonds), and the aggregate princip2l of.said bonds i�ill be paid and discharged v�ithin t�Nenty- fice years (25 years!} after the date o£.issuance; appr.oximately one tti�enty-second (1�22).p�rt of tiie.said aggregate princi�al to-, be payable annually, all in gold coin. A:special fund for the pay�!ent oi said bonds mill be constitizted by the levy of special assessment taxes upon the lands �ithin s�.id district as provided in the �esolution of Intention anci in tlie above mentioned act. The atten�ion of all persons inte is hereby fli.rected to the proyisions of said Act and to the proceedirige in the above • n�.n:ed m�.tter a.nd. distirict on file in the of£ice of the C�erk of the Cit� Council of tne said City of Lyn�ood, California. 17, t7, Chapman ' Clerk oi the Cit.y of Z,ynyrood ar_d of the City Council of said City. The foregoing resolution cras passed and 2dopted by the City Council of the City oF LSrnwuood. at a re�ular meeting'of the said Council held on the 14th day of ?Jiay, 1929. Fl, ti7. Chapman City Clerk of the City of ZynNOOd,