HomeMy Public PortalAbout348 (05-24-27) - . -, _
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.' . ' , ' RTSOLUTIOnT "1C0. 348
� IN . THE- P�ATTEB Or �1G�,UISITION AND 'ITdPROV�IiENT :
�� .,• DISTRICT N0. 7 OF'THE CITY OF ZYN�900D:.
• . 'RESOLUTIOIF `ORDERING IMFROVEMENT.� . . ,
� ° - VPHE3EAS, at, the time, place and in the. manner. set . forth 'in .the `
� . re§olution of intention adopted by this Board oP Trustees of the City :,
'� � °: of Lynwood on "the� 29th day oY:Mareh, 1927 iri `the ;matter"�of Acqui= '
_.. sition and Improvement District No. 7 of•the City of Lynwood,'a Pull,
� fair and impartial hearing was accorded alL,,persons having any ob- ..
•• �ecti"ons to those things proposed to.be done, as set Yorth• said.
` . resolution; .and' ' ,. . . :
• WHEREAS, this..Board of Trustees of the Cit;�'oY Lynwood has
adopted its resolution passing'upon all'protests presented,,-both, `.
. written and oral,' and has made i.ts determination as to the extent
'� oP�the asaessment distriet, and the grades to whi'eh the contemplated -_
work and•improvements are�_�to be.00nstructed; and '�-
�NHEREAS, evidence'has bsen`.recei�ved:as to the publ'ication oY �
,- ;� said resolution of intention and the'posting of the notios of public
`improvement�therein ordered posted, at the time and in the manner �
', prescribed by law, and as to thenecsessity for the aequisitions and '
improvements coritempTated,:,and.the beneY'its to be derived thereYrom; .
" ' ;l�'01P THERFFORE, -BE ST ,RF,S(�ZVED,' by the Boar@• of' .Trustees o� the
� City of'I�ynwood, that, it is hereby found, determined and ordered as �
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. 1...That the said:.resolution"of intention heretofore.adopted.on'
the 29.th day of 2�areh, 1927, ,has li�een duly and. legalTy. published. as .
�''` .required by law', and that the notice oY public 'improvement therein �� "
�' ' directe'd`to be posted has been duly.and-1•egalTy.posted in the time; -
form, manner and number as required.'by that all;protests � "
� ; or..objeeti;ons.p'resented have been disposed oY in time;.Po,rm,and: �
• manner as required by law, and`°that this legi'slative tiody has no,w �.
,+ - '> acquired"�urisdiotion to order' the things propose'd.,to be done.as� set', -�
� �or.th in.said r.esolution oY intention,. :� "
2:�.That the.public interest and necessity ,require,'and it is'
� ; .hereby.ordered that .the.=improvements'and work .on�Alamo Court, Zo- �
��rraine Street, Grant 5treet,"Wi1ay�Stre!et,.Perin Street,�ETanklin �.
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Street, Bellinger Street, Graps;Stre.et,';Apricot Street,-Peach Street,.
'- . Chester.$txeet,,Capistrano Avenue, San .Tose Avenue; Osgood Avanue, .
•Anderson Avenue, $arlow Avenue, Poplar Drive, Notron Avenue;.North
Zos F.lor.es Boulevard,,0akwood Avenue, �lmwood Avenue, Beeehwood'
Avenue;.Sanborn Avenue,'-Zong Beach Boulevard, ModJeska Avenue, and
�. No�:thiHoadway oY Fernwood Avenue, as set Yorth and desoribed in said
resolution of intention and in the speeifications, plans�, profiles
�._ anddetail drawings�therein refer_red•to,cbe.made�and,_done.----.- _:'�= � �--
"° ": °" " 3. "TYiat tkie. boundaries' of. the assessment distriot, and the � ..
grades to whieh said'improvements are to be constructed, shall be�
_ those set.forth in the said resolution of intenti.on, ancl in the .�
� , speciPicatioris therein rePerred.to,; referenee to which is hereby. •
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• �� . 4: That the time hereby fixed for�receiving bida Yor..the'doing
' oY said.work arid improvements�herein ordered is the 14th day of June, -
" 1927, at the.hour.of.8 0'clock P. M:, and the elerk of this' Board
„ oP Trustees of the City of Lynwood'is.hereby ordered to post, and
_ to publish in th.e:newspaper designated in said r.esolut�on of intention.,�-
� a riotic,e invitirig sealed bids, requiring in such noti:ce all bids
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to be accompanied by a certi3ied cheek or' bond, a11 as required by
the provisions oY Seetion 12 of the "Acquisition and Improvement ,
. ACt ,OY 1925rr�; , : ,
5:._That; to�de3ray:the expenses of work and impr.ovements herein
ordered, •bonds'will be iSsued to: the total amount� of the same, said
bonds tozbear interest at'the rate'oP,seven per cent per annum,
.- payable'semi-annually_the.aggregate prineipal'o3 all bonds,issued
.�. 'to be paid and discharged within 15 years after,the date"of-issuanee,'
approximately one-twelfth part oY said aggregate principal to`be
payable-annually,, an& that a special'fund for the�,pagment,of-�,said�.
;bonds v✓ill fie constituted by the 1'evy of special'assessment taxe's. .
�,` upon the lands within the assesament distriet,.aecording to the ,.
�:, asaessed'valueiof,said lands (exclusive•o£ the improvements thereon), ,
� and in�accordance with tYie said assessment district,.as set Yorth ,,
� in said�resolution of 'intention. The Yirst payment on the aggregat,e . •
principal o� the bonds issued will be,made.3 yeara aYter the
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issuanoe'thereof, ' �
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6:"That the proeeedings for said work asld improvements �shttll �
, be had and taken..nnder and in aecordarice,with an Act'oY'the Zegis=;;,' '
lature.of-the.state oY QaliYornia, known and designated as the
' "Acquisition and Improvement.Act oP T925",:approved May�23,,1925,,
-� and said bonds 'shall.also be issued in aceordanee with the"pro- _
�'visions oP 5aid.Act:
<. �I'hereby oertify that the,f.oregoing resolution was adoptsd by� °
,�� the Board� of: Trusteea ,of the City „oP Zynwood, at 'a Regular mee�ing .
:� -,held on the.Z4th day of�May, 1927, by the Yollowing vote oP the:'
...'. members"thereo3: , . -. , ., . : . ;' �
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� 9YES: Trustsea,Tweedy, Skelton,.Rice, Murray and,Greenameyer
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.Noes:
. . ABS�NT: Norie ti � •.
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, ; � . ; . Ci E. Gr'eenam er . • . . , �
- , . , . ' ' Pres den o he oar. .o - rus ees , ,
.�- � City of Lynwood. . ' .
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