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HomeMy Public PortalAbout116 (09-05-23) ; - � � . ., . , ,.. . � .6 `..:.. . . .-' �� . ' .. . .. .. . _ � '. ,. . .. �.� J.. . . v � , 'f ,(`�' _ , „�y ' . �'Y� . . . � � . . . . . . :'. -. . � . '... . � a . .. .. ... 3 _ -. � . . ., - ... .. t .. t � .. . . . � . . � . . � .:. . t . t.'. � .�. . .. . � . � - . �' �' . . . � . � �.. � .. . . . r . . . ...' . � . ; .. i.� �i .. �. .. ���.' t a.'.� n ..�. . . "' .. . . ; . . . ... �n `. c..! � . : ' � .'�. i ' - � S � . '��. .�" � ���� . ' . ' � �. ' . f . RESOLUT ION NO,. • 116 ". . , , _ . . : � . , ,_ ,, � . - , � . •.. . •., ,�- . '' ° A�'RESOLUTION OF THE�•BQ6RD�OF TRUSTEES•OF THE ��' , - CITY _OF' LI'PNJOOD, C9LIFORPiIA;' R�7�'ATING-TO iHE �• IBSUANCE'.OE' STREFT� IIaII'ROVEMENT BONDS PURSUANT . , 4 T0 'RE30ZUTION.::OF INTI:NTIO2&'�NO. 53, .DET�I�:�IITI3NG ` , , �' ' . . T13E 9.MOUPZT.OF'UNYAID BSSESSI'�IENTS, PRESCRIF3ING = �' , TiiE' DENOMIN9TION OF SU�H-:BOPdD5 6ND PROVIDIPdG ; •.'. ' ,. ., � z , ; 4,- FOR THEI$ �ISSUANCE AND SAZE ' •� , _ .. ,.,�.. ,_ .. ._ , �,__ .. - - . .. � • ' .. x ' . . .a . , '"� 4VHEREAS,...pursuant to statute�, noti�es of. f l:ist of un -.paid assessments was..duly given in'the manner and form required � by law,°that, the.warrant,�assessment and-diagram recorded:on�the :llth day,of,June,;1923, �or the v�ork'and improvement:made by �, ' . •E. Ha11, =uiider that. oertain �contraat"awarded: to him on the•26th ". ' '- day'o�._Febr'vary, 1923, for�>tYie improdement of, a � �� -�. Beac2i:Boulevar.d in.=the City'o3 Zynwood♦; California; and that ' y :�., 'warrant, aesessment:"and 'r:e"turried'to..the,Street.Super= , intendent o£ �said City, and°�that' t}ie:return was.recorded;by him. `�-on the 22nd'�day of June-,�1923; and after,:the full egpiration oP-:.: • : thirty days'•from'the° da,te of the Tecording of�`said warrant - ` .: .. ' s the said Street Super�ntended duly made and-file@. with th@ City , '-� Clerk�of'said.City o� Lynwood; a:complete lis't:o3 all-assessments. - tinpaid upon said'-assessmerYt,, whieh list` i°s, now on file in the '' offic,e;bf the'City.CIerk=of said City..�",Upori eyidence shown this E = Board determines� that .the' assessment,s thereori,,:mentioried "were then`� � � unpaid; .'the .total :aggregate. thereof, being the; sum� of -�10;548.66,":'" , l �..and:-that assessments numbered 1,,.2,•3', 6, 14� 15�•18, 22, 23, 28 �';. , .. -33, :34 41, .42., 49. 50, , 55.,-� 5,7,--70,.,.83.,�.,-86,. 88, 92,.,.94, 95.,: 103 _..-.,.. .� • and 104, aggregating �2,989:63,� and no others, .Have since ',been �;, paid,,�and that'there'no�v rercains unpaid tlie swpp,of �7,559;03 upon �.�the assassments-sho�n upon said^Tist," otfier thari those"hereinabove : last_noted as.having• - > ' - '` ' ` '`•Referencse` is�-hereby'made to Resolu'tion,of Intentian�No;• 53� `� ,. • of the.Board of Trustees oP the-City of> Lynwood, passed.�the 27th�` :� z� '�:, day'�of.Deoember,. fbr a. complete.deacription,of`the`work ..` , _ . ,... herein meritioned. : ;.". , _ ,. , Y ,. AND� �Y�R�.ASr,. interested persone were notz£ied �in the manner, required appear_be3ore the Board of�Trustees oY;the;said . Git,�, .of Lyn»ood, �alifornia,' in the' C'ourici�l -0hamber. there0f at' the = �% °� ' � '. �hour; of . 8:00 -o' alock ,P. M. of �dedneBday;, the I5th day` of •'August, � . -w fi923, , and shov� cause why. bonds should hot` be: issued upon• the .' seaurity oY tYie unpaid=assesamente ahown on said Street Superinten- , - . . . dent' s; li s t; and : ,. - : _ .. ;. ,. , - ,. . -_ ., ., � .;;. -, : ,, � � - `NgERr.AB, notiQe'was duly given in the,manner.arid form 're ` quired by�law-tha�t serial bonds to represent unpaid asseasments , �'`and bear<intereat at the rate.oE seven„per cent -pe,r_an.num,.will be, , 'ti, .. . . _ � . . , .. . . ---�__ _ � �. .= "� _°"issued`Yiereunder."'iriy'the"'manner:"provided`;iri-the��^Improvement Bond,'' ` 9ot of 1915",.the last installment o,f �vhich bonds shall mature � nine years-from the.second'day,;�o£-July next.succeeding ni_ne" , � montha 'from their :date; • ' - . _` . And all -iriterested "persona haain� appea.red before �this Board. , • Trustees and.having,been.given full.;opportunity to show oause - . ��hy -bonds shoiild�not :be issued upon the security. of: the,.unpa.id _ - �,asaessments shacvn on said list, and all',objections',presented hading --boen heard and corisidered;' . - . _ _ .. . �. " - . - ; . ,� . ..: . . , ,-° � , - , ' , ` N0�1, BE the.Board of Truatees does,`hereby:� "', find and�. determine,`;that no� cause: hms �been :shown :why bonds`. should , , . E . .. . ` � . . <: , . : • z..:. . _ ;. ,, „�, . . - . - - < • , ,; . . . . �..Y y . ' . . .. �. .� '. q :. . .. � � t '� � . . . �.�. , . .� . . �iY�.� � . . :... .s . . .� . _ � a . . r-. t � . ..:. . �- . . . . . �'.��i: � � • . �f ` . .: . . ... '... . . � . . . � � ' � . [ . • � .. . '. . �...' . i. � . . . '.. , n':� ..tt • . .� w ...�'. . . . .. �_ � x . `�. . .. . . . . . � y � .. � . - r .. r.: � .. -' ... . .. .�` ��. . � . - ' ' - - — • �. `{ ' . i v . . � . : _ . . . . . y . . . 1 e . , n '. �.'�:. .. .�.... '... . ..� �: "-.. . . - . . ... . .. .� . .c . .. . .. 7 _ . .•.. `. � ... .. ._ . � ` _ � .. ' � . .�"'�� .._ < ._ . _ . . . - .� ., �.v_ . not be issued upon the 'security of .said`tinpaid assessments and . • � -does hereby overrule all objections"thereto,'and ,does-hereby _ • direct the issuance of sa�d bonds;,and further, . .�BE IT RESOlVED as�followa: That bonds shall be issued upon .. . Ehe security of the�said unpaid assessments to said,amourit oP � �$7 , 559:03: ' '.. The said bonds sfia11 tie 70 in number,, sha11 be dated.Sept- •, �� ember 5th, 1923, and bear interest,Prom Suly,llth,'1923, at the . rate of seven..percent per,ennum,_ the denominations of said � `bbnds end the the respective maturities thereof, sha11 � be as follo.ws; , � � , -� BOND NO. • . BMOUPIT . ,� D9TE OF MATURITY � il ' � 100:00 July 2, 1924 ' 2. =�.; .. .,. 100.�0 July 2, 1924. , ; • . 3 , 100.00 . . Znly 2, 1924 �� � : 4 . , _ 100.�0 " July 2, 1924 � b . 100:00 July 2, 1924 .... . { 6 . T� 100:00 July 2, 1924 . 7 � T00:00 July 2,.1924 : ", 8 ` ' 100.00 ` July 2, .19E5 : , .. . _ , r g . '. . 100.00 July 2, 1925 .� 10. 100,00 July 2, 1925 , ' - 11 " 100,00 � July 1925 � - 12 -"' . 100,00 ' - July_2, 1925 � • 13 . I00,00 July 2. 1925 "- ,. '14 ' �. 155.90 July 2, 1925 15 �� T00;00 . � July 2,'1926. 16 , .. ." . 100.00 . � . • . . July..2 1926• .. ,.,«. . 17. 100.00 . ...' � July:2, 1926 . -. 18 .:. 100,00 _ July 2, 1926 19 100,00. � July 2, 1926 ' 20 100,00- JuTy 2, 1926 _' . 21 � 185.90 ' . July 2,_1926 - 22- �. �. 100,00� July 2, 1927 . 23 100.00 " ' "July 2, 1927 . _ 2¢ 100.00 � .July 2,.1927 �. " . 25 100.00 July 2, 1927 . . 26., 100.00 : . . , . ; ' 'July 2; 1927 , � 27 . . 100.00� July 2, 1927 , 28 .• 155.90 �. JuTy 2, 1927 - 29 100,00 .` � . July 2, 1928 � 30 - 100.00 �' .. July 2, 1928. 31 .. 100.00 July 2, 1928� � 32. " 100,00 . . 'July.2, .1928 33 � ; 100.00 � July 2; :1928 ' 34 ' 100.00 . July 2, 1928 - 35 "' , 155.90 July 2, 1928 _ 36., 100,00 . , JulY_ 2>.:. ---:.. , ' - =` _.37--•�._ __.._ _: ,: _ 100.00:- _` ' -- - :_ July 2, 1929 38 �. 100.00 July 2, 1929 � 39 100.00 " July 2, 1929 ; 40 100,00 � July 2, 1929 . . �1.'. 100,00 - Julg 2, 1929 42 _ . � 155.90 . . , Jul� 2, 1929 ' � 43 100,00 July 2, 1930 ` ' 44 •- ': 100.00 July 2, 1930 '. -. - 45 . • 100,00 _ July 2, 1930 - 46 � ' 100.00-. July 2, -1930 :" • 44 > �- 100,00 July 2, 1930 - 48 ' 1Q0,00 � July 2' 1930 • .49 ° � 155.80 . July �, T930. , . . ' ���0 � . � . . . ' � . . • .. � ' �'���• . . . �n� . . . . . ' _ . . ' ' .. .. . . . . . � .. � ' , BOND N0. _.. 6MOUNT � DATE OF MATURITY . . ' 50 . , 100.00 . ". �July 2, 1931 � ` `51 . . • . . 100.00 :. � July 2, 1931 . . - �, 52 , - ; 100.0.0 July 2, 1931. , -. 53 . 100,.00 July 2, 1931 ;� ' 54..: � � 100,00 �- Julq 2, 1931 � . 55 _ _ 100:00 JuTy 2 ,. 1931-' . ' . 56 ". 155.90 .. July 2, 1931 �. . _ 57 . . . . :. 100.00 July 2, 1932: . . .. 58, ., _ 100.00 , ..Ju19.2, 1932 • _ - 59 - - 100.00 ; Jnly.2 1932 60 100:00 July 2� 1932 . . 61 ' . :. 100.00 : • . . July 2; 1932 . 62 � �' 100.00. . : ' July 2; 1932 . 63. . . 155.90 . July 2, 1932 '. .: . : 64 _ . . " 100.00 ` . July 2, 1933-. ` . ` 65 � 100�00 , , July..2, 1933 66-` 100.00, ' .. . July,2, 1933 - • , 69 � • 100,00 . _ July 2, 1933 _ ..• .- . 66 ' 100;00 July 2, 1933 " . -• �69 _ . � 100.00 July . E; 1933 - _ . ' 70 : : . 155.90 , . . . , July 2, 1933 , . . � . -, ; BE IT FURTFiER RE30BYED', ;that the signature oY the Treaeurer • � • ` o� eald City upon the ooupons atte.ohed to the said bonds shall be. . ' a lithographed aignsture.im place oY a signature by hand;� and . , � , ,, . , .. - BE IT ALSO RESOLVED,.that sealed proposals Por.the " ' _ . puroha.ae�oY ssid.bonds will be reoeived up to the 26th day oP ' . September, 1923;.at 8:00 o'aloek P: M., whereupon said bonds ' ° '- will be�'soTd to the higheat bidder.'therefor�`but'for'not less than. "' > '`par and'sccrued interest, � - The City Clerk is hereby direote�d to advertise.for bide � . therePor, by publishing a-notioe once s weeti fox two (2):weeks in • the Lync�ood�Tribune, a weekly newspaper of;general'oirculation ,. . publiahed and oircuTated in the c�ty o� i�i�ooa Cali�ornis,' _ 2 HEREBY CERTIFY.that the �oregoing.Resoluti'on wea duly and.. .� = regularly passed by the Bosr.d oP Trustees oP the City of Zynwood . .'"at a regular meeting�oY-said Board; held on the 5th da9 oY September, 1923; by.the=folloaving vote, to=wit: , . A1'ES: Trustees Merrill, Willard,,Menzel,�Downey, Anderson NOES:.Norie , , " 6BSiNT: None . . � � . ° ,. . . ' �_ � , L. C.. Anderson � , � " � ° � ' - . . - `President of the Board of Trustees . .- , of the City of Lynwood, CaliYornia, , . _ ; ,._ATTEST �� __ _ � -_-- --� - - _. _._— . - . -- - _�_�.--: �Fred E: Welo}i- : , i y er . ,. � . . . . � . � - , �. . .. • �, ' ... . , : . . _ _ .. ; t .. . _ . . .. - . . . ..._., . ... ,. ; � ' - . . . �