HomeMy Public PortalAbout767 (02-17-31) �r., �
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A�1!.SOI�I1'�7c:•Ti OF' 1HE CI'^Y` COIITdCIL.O?�' Tti'� CITY U� LYN?'l00D
_�EI.P.TING TC LH� IS��J�4C� 0� STRI�7!�,T TP�!P�0'iF;i'�CEIVT BO?�ll5 PU�-
�� ' � � �� � .°_-LFASdT 1'0 RESGIiUiI011 0�+' T1VT��TI011 NO �7ti0��. I�L�'+TERI47INS3�1G� TFL£+ �
_ hi�OUiQTOF ili1FAID tiSuESS&iENTS; FR.ESC$I$ING T?i� D�'.I�?OA�?INP.TI01lTS
- pI+' S�I➢ BCIGDS :itSD PRO�TIDIPiG FUR lu�:IR.IBSUANCE. '
.- ,- t'�RyAS, pursusnt; to statue, notice o� filing list` of ,. _
unpaid asse�sment �raas £ul� given in the manner :�nd form r�quired
by ls.�i, that,the Clarrant, �ssessment and.Diagram record�:d on the
30th day of llecember, 1930, foi th.e work �nd improvement '
a�vsrded to Kovacevich � Price, inc., on the 5th day.of August
193C3, ?�m I,eiaiU Road and ether street� in Uaid City, and that sai
• s�� 4�arant, nssassment and Diagram a��re returneci tb the
'. Suparintendent of. Streets.together iwith a.written stateinai�t o�'
all payments received i?pon the said ass�ssment, �nd after the
� fin�;1 expirstion of thirty ( 30) full days f'rom tne' date of
�aid eaarr�nt, the street superintendent duly �ade �ut'and filed
,�.�ith the City Clerk of said City �f liynwoofl a corn�lete list of a1
ull ass�ss�nents, unpaid up�% the said a.ssessm�nt, i^rhich li�± i�
now on-file in,t�coffice of said Ci�ty Cler;, now upon�.evidonce
shoe,n,tY�i� City Council dcterr��ines that the assesements ,ther�in
� :me:ntioned v:ere then unpaid, i;he t�ta1 a�gre�;ate bllereo3 being
thc.sum of t�arent�T.nine thousand eight.hundred iorty eight and '
_-_ - �35�1fl0=dollarp•;= i4�?29,848.�5) aszd',no others have since been' ''" "' ' '°"' �
paiu; loa.ving a•bal�nce due on account oz said unpaid sssessm�nt�
; ' of Twenty �Iine Thousand eight�i3undrEd i+'orty Ei�;Y�t and 35�I00 .
d�llarst29,84$.35) , and said list of nnpaid assessm�nts filed
b.y•the. wtreet Superintendent, as atoresaid, appearin� in
�11 re;speete cbmplete and correct sfter excepl�in and deducting
there£rom '��_e a����sments pa;.d since th¢ zilin� there��, as
hereinb�fore set forth.
Reference is hereby made to �esoluti�n'of inte`nti,on No.7. �
720 pacsed Ly t'r.� City C�u..c�l o� .aid. Cit�. �ri tne l�t day of
July, 19�O,Lor s com�l�tP �sscription of the vrorl: herein menti�ned
and to tne list oi unpaid assessments filed as ab�ve noted for
' assass��nts unp2id. . .
,, P.�TD '�"/'rIER�'aS, interested persons wer� ilotii'ied in the
manner required by law to appear bef'orE the City ��uncil of :
said 'City of I;;Tn�hood, in tho couneil chamber of the City Nall
, in uaid city, at tho hour of 8;00 0'clockP.NT, the'17th day -
of Februar,y, 1931; and snow cra��se vihy bond� should not b'e �
, .- i;,sued on�tha s,ecurit�* `of the, un�:aid a�ses�ments shov✓n. on _..- �,
said str�et superintendani;s list, and
, (7HLREAS,' notice vras du7:y given in� the murner a�3. f�rm �
r�c�uirec� by lav�i that �erial bondl to repreeent unpsid a�s�ss-
inents;,bc�aring inter�st at tre. rate of sevpnl7) per cent �er
' annum,.ezll be issued hereunder in the. ir.anner provided
in the "-improverient �ond sct ^f 1915" the last installment of
�ehich bondS �.viil ma*wr� ri::.�( 9) yesr� fr�m `hi 2nd day. of
Julq negt succeeding ten(10) months from their date.
� glnd all interestezd persons having appeared before •
this City Couneil a,nd having bcen 'given full orportunit�r to
shord, cause �rrii� "aonds'sh�uld n!�t oe i�4u�a up�n the �ocurity o
' o£ the unpaid sssessments shoc�m on ssici liwt, and all object- .
'_ lons presente3d h'aving bsen neard and presented.
. . S?0`K,B� IT R�:SUZVED? th�,t uhe �aid City Conncil d�eS
' hereby find and determine that 'r.o ,cause.c h&s baen sh�wn ,�,rJh;j �—
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bonds should not bc issued upon the sucutity of the unpaid
ass�ssments, and does hereby overrule all objections therein,
and does nereby di.recb the issuance of said bonds and
BE IT FtTi?1HIIR RESOLVED, that bonds shall be issued
upon tho sucurity of said unpaid assessmcrts to said amount
of Twenty Nino Thousand �'ight Hundred �'orty �:ight and 35�100 ,
dollars,( 29,848.35), that said. b�nds sY?all be sixt,y in numbcr
and shall be dated February 17th, 1931, and bear.interest at
the rate o� seven 17) per cent per annum, and tho denominations
of said bonds and the d�t� �� the respective maturities the"reof
ti�hall be as follov�s;-
o v._
. _ . . � . P �:'�� ��. r�9�tT�T �!� 1 � ��� ?��2'U�1�'S.' ° . ..
1• �500 1932
� • .,�500 1932
3. ��500 1932
� 4 , �p500 1932
5. w500 19�2
6 �484.83 �og�
7.. 500 �ogg
8 . ��j'500 1933
9 . 500 1933
10. �500 1933
, 11. �500 1933
12. Sya84.83 1933
,13 , �500 1934
14. 500 1934
�. 15. �500 1934
�_ 16. �aSQA 1934
:,..
; 17. �500 1934 _
18. �484.83 1954.
19. ;500 1935
. 20, �500 1935
21. �500 1g:�5
22. �500 1935
23. w500 lgg5
24. j484.83 10�5
25. �500 ' 1°36
26. �kF�� 1936
27. ��500 . 1936
28 . � 500 1936 �
29 . 5 500 1936
� 30. �48�.£33 1936
31 , y 500 , 1937
32, �500 1937
33. ^500 i937
34. �500 ' 1937
35. �p500 1937
36 . 4p484 .�4 1937
37 . 5G0 1938
33•. �500 1°38
39. �500 1938
' 40. 5�500 1938
"� 41. r500 1938
42. �484.�¢ 1938.
43. 5 500 1939
aa. �5C0 1939
4-5. �500 1939
a6. F ;p500 1939
' 47. ��500 1939
48. �p484.84 1939
a9. �'500 1940
50. ��'y500 1940
• 51. N500 1940
5 • _ 47500 1940
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J�OI�1D N0. A��OUl\T DATL OF [�iATUz'I
53. 500 1940
54. �a94.84 ` 1940
55. 500 1941
56. �500 1941
57. 500 1941
58. �500 1941
• 59. �500 19?1
60. �484.84 1941 '
Thc first couponw o�' �interest shall be for interast
€xom February 2nd,1931 to Januaryc2nd 1932, snd. the several
coupons theraftcr shall °uch be for the csemi anriusl intesrest
and
BE IT �'li??TFiGR ?3E�OI,VED, that the signature o£ the
trQasur�r cf the said City o£ liynNOOd upon the coupons r�tta-
. ched to the said bonds ehall be a litho�raphed or pri.nte@.
si�r.at�a.r� i.n Place of the signature ��by nand, and
BE IT �'UBTI?"�.R £�SO�VED tnat t:�c City Clerk of the said
City of I,ynwood �e, and he i� hereb�* authorizdd and dir¢cted
to deliv¢rfore�ith the bonds h�rcinbcfore enumerated to District .
Bond Company in satisfaction of the :BalGnce fdue upon their
assessnent an� Faarrant,
, 4 Signed and approved ti:is 17th day of February , 1931
F.Snod rass .
Mayor of the City of I,yn�ood.
'I hereby certify that the foregiong resolution �rae dul�
��nd ragularly p�ssed by the CitJ Council of the City of Lyntivood
at a regular meeting thereof held on•Tuesday thc 17th day of
Februar�, 1931, by thE ��lloving vote; ,
el'�'S: COi1?�iGT2;i5�'V t7i11iams, Tweedy, Anderson and Becker.
NOKS UOtTNCILI:1�Pi idUS1E
ABS ;�.T: COUdCII,PsiF12 Snodgrass.
R.�. Anderson
CITY CLL�'RK OF `�'HH'• (:ITY OF' LYid;'i00D.
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