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HomeMy Public PortalAboutM 1938-06-22 - CC~~~ ADJOURNED REGULAR ~'tEETING JUNE 22ND, 1938 The City Council of the City of Lynwood met in en ad- Journed re~:ular session, at the City Hall, 11331 Plaza Street, on above date, a.t 1:30 P. ~l'L , in the Council Chamber of said City Hall. Mayor elation in the chair. Councilmen Lake, Meyer and Nation answered the roll call. Councilmen Boster and Snyder were absent. The hour of 1:30 P.M. having arrived, said time being the hour fixed for continuing the hearing of objections or protests on the proposed reassessment for the proposed refunding of Acquisition and Improvement District No. 8 of the City of Lynwood. The T~tfayor inquired of the City Clerk whether or not any written objections or protests had been filed. The City Clerk stated that none had been filed. Thereupon the Mayor inquired of the audience whether or not there was any one present who wished to protest eitherorally or in writing to the proposed reassessment to be levied in said Refunding proceedings. There was no response. The hoar of 1:30 P. M. having arrived, said time being the hour fixed for continuing the hearing of objections, or protests on the proposed reassessment for the proposed refunding of Acquisition and Improvement District No. 25 of the City of Lynwood. The Mayor inquired of the City Clerk whether or not any written objections or protests had been filed. The City Clerk stated that none had been filed. Thereupon the It4ayor inquired of the audience whether or not there was any one present who wished to protest either orally or in writing to the proposed reassessment to be levied in said Refunding proceedings. There was no response. A communication was received from T.Zorrison Bond Co., Ltd., to the effect that legal counsel will not approve the offer submitted to the Council on June 21st, 1938 for tr,e purchase of reassessment rolls of Districts Nos. 8, 11 and 25, suggesting separate bids on a different basis, therefore stating that they have revised same. Thereupon it was moved by Councilman Lake and seconded by Councilman Meyer that the action taken on June 21st, 1938 to accept the offer of 1~4orrison Bond Co., Ltd. to purchase the reassessments in Acquisition and Improvement Districts Nos. 8, ll and 25 be and' tYe same is hereby rescinded. Roll Call: Ayes: Councilmen Lake, Meyer and Nation. Noes: None. Absent: Councilmen Buster and Snyder. A communication was received from Morrison Bond Co, Ltd., submitting a bid of X17,000.00 for the Reassessments of Acquisition and Improvement District No. 11 of the City of Lynwood, with certain other conditions set forth fully in said offer, to which reference is hereby made for further particulars. It was moved by Councilman Lake and seconded by Councilman Meyer that said bid of Morrison Bond Co., Ltd, be accepted for the Reassessment roll of Acquisition and ImprovementDistrict No. 11 for skid sum of X17,000.00. Roll Call: Ayes: Councilmen Lake, Meyer and Nation. Noes: None. Absent: Councilmen Boster and Snyder. An offer was received from Morrison Bond Co, Ltd., submit- ting bid of X76,000.00 for the Reassessment roll of Acquisition and Improvement District No. 8, exclusive of the reassessment levied against the Lynwood School District propert~T, and fixing cert~.in other conditions as a part of the bid as set forth fully in said of- fer to which reference is hereby made for further particulars. Thereupon it was moved by Councilman Meyer and seconded by Councilman Lake that said offer of Morrison BondCo., Ltd., to pur- chase the reassessment roll of Acquisition and Improvement District No. 8 for said amount be accepted. Roll Call: Ayes: Councilmen Lake, Meyer and Nation. Noes: None. Absent: Councilmen Buster and Snyder. An offer way received from Morrison Bond Co. Ltd., sub- mitting a bid of X39,000.00 for the reassessment roll of Acquisition and Improvement District No. 25, exclusive of the reassessment levied against the Lynwood School District property and fixing certain other ~~~ conditions as a part of said bid as set forth fully in said offer to which reference is hereby made for further particulars. , Thereupon it was moved by Councilman Lake and seconded by Councilman Meyer that said offer of Morrison Bond Go, Ltd.,. to pur- chase the Reassessment roll of Acquisition and Improvement District No. 25 for said amount be accepted. Roll Call: Ayes: Councilmen Lake, Meyer and Nation. Noes: None. Absent: Councilmen Bolter and Snyder. An offer was received from the Morrison Bond Co., Ltd. agreeing to deliver the bond to be issued to represent the reassess- ment on the F. Lu o Tract numbered 316 of District No. 25 in the principal sum of 10,863.00, and the bond to be issued to represent reassessment No. 1214 of said District No. 8 in the principal sgm of X359.44 in exchange for all refunding bonds of Acquisition and Im- provement Districts Nos. 6, 9 and 10 now owned by the City of Lynwood and the sum of X4,179.72 in cash to be paid by the City of Lynwood. Thereupon it was moved by Councilman Lake and seconded by Councilman Meyer that said offer from Morrison Bond Co, Ltd be ac- cepted and that the two refunding bonds above mentioned be p~zrchased by the City of Lynwood upon the terms stated in said offer. Roll Call: dyes: Councilmen Lake, Meyer and Nation. Noes: None. Absent: Councilmen Buster and Snyder. It was moved by Councilman Meyer and seconded by Councilman Lake that the City of Lynwood sell ~I1,000 par value of bonds of Acquisition and ImprovementDistrict No. 8 owned by the City and all coupons appurtenant thereto and all other interest coupons of said District not appurtenant to any city owned bonds of said District for the sum of X9,075; that said sum shall be paid the City from the moneys realized by the sale of reassessments or refunding bonds of said District and that upon payment for said bonds the sum received therefor shall be paid into the Special Assessment, Relief and Tax Fund, and that the City treasurer of the City of Lynwood is authorized; upon payment for said bonds, to cancel the same and the above de- scribed interest coupons in completing the refunding proceedings. Ro11 Ca11s Ayes: Councilmen Lake, Meyer and Nation. Noes: None. Absent: Councilmen Buster and Snyder. It was moved by Councilman Lake and seconded by Councilman Meyer that it is resolved that the public interest, convenience and necessity require the contribution by the City of Lynwood of the sum of X12,375, which sum is represented by X15,000 par value of bonds of said District No. 8 now owned by the City of Lynwood and valued at 82~¢ flat (the price to be paid for all other outstanding bonds of said District), to assist in refunding the indebtedness of Acquisition and Improvement District No. 8 of the City of Lynwood and said bonds are appropriated as a oontribution to assist in such refunding, and the City treasurer is directed to cancel the said bonds and all interest coupons appurtenant thereto in completing the proceedings for the refunc3ng of the indebtedness of said District. Roll Call: Ayes: Councilmen Lake, Meyer and Nation. Noes: None. Absent: Councilmen Buster and Snyder. An offer wz_s received from C. E. Bradberry offering to sell X210,95 par value of bonds with appurtenant interest coupons at 820 of the par value thereof of said Acquisition and Improvement District No. 8. An offer was received from Robert W. Long offering to sell X19,000.00 of par value of bonds with appurtenant interest coupons at 820 of the par value principal of said bonds, e. g. X825.00 for each X1,000.00 bond, with all unpaid coupons appurtenant thereto. An offer was received from The Brown Crummer Company offer- ing to sell X11,000.00 o.f~ar value of bonds with appurtenant interest coupons at 82'~ of the par value principal of said bonds, e.g. X825.00 for each X1,000.00 bond, with all unpaid coupons appurtenant thereto. An o~~er was received from Mrs. Ida B. CYlsam offering to sell ~5,000.OOjpar value of bonds with appurtenant interest coupons at 82~~0 of the par value principal of said bonds, e.g. X825.00 for each 1,000.00 bond, with all unpaid coupons appurtenant thereto. An offer was received from Dr. J. R. Potts offering to sell X5,000.00 of par value of bonds with appurtenant interest coupons at ~~~ 82z~o of the par value principal of said bonds, e. g. X825.00 for each X1,000.00 bond, with all unpaid coupons appurtenant thereto. An offer was received from J. 0. Davis offering to sell X24,000.00 of par value of bonds with appurtenant interest coupons at 820 of the par value principal of said bonds, e.g. X825.00 for each 1,000.00 bond, with all unpaid coupons appurtenant thereto. An offer was received from TYe Brown Crummer Company offer- ing to sell ~11,s00.00 of par value of bonds with appurtenant in- terest coupons at 82~~0 of the par value prine~ipal of said bonds, e.g. X825.00 for each X1,000.00 bond, with all unpaid coupons ap- purtenant thereto. An offer was received from The Brown Crummer Go. offering to sell X2,000.00 of par value of bondswith appurtenant interest coupons at 930 of the par value principal of said bonds, e.g. X930.00 for each X1,000.00 bond, with all unpaid cou~;~ons appur- tenant thereto. Thereupon it was moved by Councilman Meyer and seconded by Councilman Lake that it is hereby resolved that said offers to sell bonds and interest coupons appurtenant thereto of said District No. 8 be and the same are hereby accepted and payment therefor in the refunding proceedings shall be made from Acquisl_tion and Im- provement District No. 8 Special Fund, and upon payment for and delivery of said bonds to the City treasurer he is hereby directed to cancel the said bonds and all interest cour~ons appurtenant there- to. Roll Call: Ayes: Councilmen Lake, Meyer and Nation. Noes: None. Absent: Councilmen Boster and Snyder. It was moved by Councilman Lake and seconded by Council- man Meyer that the City treasurer be directed to deposit the pro- ceeds from the sale of reassessments of Acquisition and Improvement District No. 8 in a fund to be designated "Acquisition and Improve- ment District # 8 Special Fund," and the proceeds from the sale of reassessments of Acquisition and Improvement District No. 11 in a fund to be designated "Acquisition and Improvement District No. 11 Special Fund," and the proceeds from the sale of re~:ssessments of Acquisition and Improvement District No. 25 in a fund to be desig- nated "Acquisition and Improvement District No. 25 Specia-1 Fund," which said special funds are hereby established. Roll Call: Ayes: Councilmen Lake, Meyer and Nation. Noes: None. Absent: Councilmen Boster and Snyder. It was moved by Councilman Meyer and seconded by Council- man Lake that a new fund be created to be known as the Lynwood Acquisition and Improvement District No. 8 Bond Retirement Fund for the purpose of depositing X266.00 to provide for the retirement of outstanding coupons of said district, and that a transfer be made from the General Fund to said Fund of said amount, and that said sum be repaid_ to the General Fund from the City of Lynwood Acquisi- tion and Improvement District No. 8 Special Fund in the Refunding proceedings. Roll Call Ayes: Councilmen Lake, i~eyer and Nation. Noes: None. Absent: Councilmen Boster and Snyder. Thereupon it was moved by Councilman Meyer and Seconded by Councilman Lake that bonds of Acquisition and Improvement Dis- trict No. 25 now owned by the City of Lynwood and numbered 34 and 35, in the principal amount of X2,000, and all interest coupons ap- purtenant thereto and all interest coupons of said District No. 25 not appurtenant to any city owned bonds of said District, be sold in the refunding of tYe indebtedness of said District for the sum of ~2, 000, payment therefor to be made from the special fund of shad District and the moneys received therefor by the City to be paid into the Special Assessment, Relief and Tax Fund, and the City treasurer is hereby directed to pay for said bonds frorri the afore- said fund and to cancel the said bonds and all interest coupons upon payment therefor in the refunding ~mceedings. Roll Call: Ayes: Councilmen Lake, Meyer and Nation. Noes: None. Absent: Councilmen Boster and Snyder. It was moved by Councilman ftgeyer and seconded by Council- man Lake that the public interest, convenience and necessity re- quire the contribution of the City of Lynwood, to assist in the 2~3 refunding of the indebtedness~of Acquisition and Improvement Dis- trict No. 25, of X2,000, whk~~ sum is represented by bonds of said District at the par value of X2,000, and said contribution is here- by made and the said bonds are appropriated therefor and the City treasurer is authorized and directed to cancel said bonds in said refunding proceedings. Roll Call: Ayes: Councilmen Lake, Meyer and Nation. Noes: None Absent: Councilmen Buster and Snyder. It was moved by Councilman Lake and seconded by Councilman Meyer that the public interest, convenience and necessity require the contribution of 7,100 by the City of Lynwood to aid in refunding the indebtedness of Acquisition and Improvement District No. 25 of the City of Lynwood, said contribution to be made from the Special Assess- ment, Relief and Tax Fund and said sum is hereby appropriated from said fund and contributed to assist in such refunding and shall be paid into the special fund established for said District. Roll Call: Ayes: Councilmen Lake, Meyer and Nation. Noes: None Absent: Councilmen Buster and Snyder. An offer was received from B. Juanita Eddingfield offering to sell X5,000.00 of par value of bonds with appurtenant interest coupons at 62',,20 of the par value principal of said bonds, e.g. X625.00 for each X1000.00 bond, with all unpaid coupons appurtenant thereto in the refunding of Acquisition and Improvement District No. 25 of the City of Lynwood. An offer was received from H. S. Cole offering to sell X12,000.00 of par value of bonds with appurtent interest coupons at 62~-~ of the par value principal of said bo , e.g. X625.00 for each1000.00 bond, with all unpaid coupons appurtenant theretoin said refunding proceedings. An offer was received from C. H. Reber offering to sell X4,800.00 of par value of bonds with appurtenant interest coupons at 62~ ofRthe par value principal of said bonds, e.g. X625.00 for each 1000.00 bond, with all unpaid coupons appurtenant thereto in the said refunding proceedings. An offer was received from V. S. Kinney offering to sell X2,700.00 of par value of bonds with appurtenant interest coupons at 62~~ of the par value principal of said bonds, e.g. X625.00 for each 1000.00 bond, with all unpaid coupons appurtenant thereto in said refunding proceedings. An offer was received from Ed. Cory Smith offering to sell X2,000.00 of pa.r value of bonds with appurtenant interest coupons at 62~ of the par value principal of said bonds, e.g. X625.00 for each 1000.00 bond, with all unpaid coupons appurtenant thereto in said refunding proceedings. An offer was received from F. E. Thibodo offering to sell X12,502.99 of par value of bonds with appurtenant interest coupons at 62~~ of the par value principal of said bonds, e.g. X625.00 for each X1,000.00 bond, with all unpaid coupons appurtenant thereto in refunding said indebtedness. An offer was received from F. E. Thibodo offering to sell X4,741.75 of par value of bonds with appurtenant interest coupons at 62oJ0 of the par value principal of said bonds, e.g. X625.00 for each 1000.00 bond, with all unpaid coupons appurtenant thereto, in said refunding proceedings. ' An offer was received from L. V. Closterman offering to sell X500.00 of par value of bond with appurtenant interest coupons at 6220 of the par value principal of said bond, with all unpaid au pons. appurtenant thereto in refunding s~~id indebtedness. An offer wa.s received from Robert W. Long offering to sell X15,000.00 of par value of bonds with appurtenant interest coupons at 62~?~0 of the par value principal of said bonds, e.g. X625.00 for each 1000.00 bond, with all unpaid coupons appurtenant thereto, in said refunding proceedings. An offer was received from J. O. Danis offering to sell X500.00 of par value of bond with appurtenant interest coupons at 6220 of the par value principal of said bonds, with all unpaid ' coupons appurtenant thereto in refunding said indebtedness. An offer was received from F. R. Messenger offering to sell X10,000.00 of par value of bonds with appurtenant interest coupons at 62~ of the par value principal of said bonds, e.g. X625.00 for each X1,000.00 bond, with all unpaid coupons appurtenant thereto, in the refunding of the indebtedness of Acquisition and Improvs~nt ~~~ District No. 25 of the City of Lynwood. Thereupon it was moved by Councilman Lake and seconded by Councilman Meyer that it is hereby resolved that said offers of said persons to sell bonds and interest coupons appurtenant thereto in refunding the indebtedness of said District No. 25 be and the same hereby are accepted and payment therefor shall be made from Acquisition and Improvement District No. 25 Special Fund and the City treasurer is hereby directed, upon payment for and delivery of said coupons, to cancel the said bonds and all interest coupons ap- purtenant thereto. Roll Call: Ayes: Councilmen Lake, Meyer and Natior;. Noes: None. Absent: Councilmen Boster and Snyder. Thereupon it was moved by Councilman Lake and seconded by Councilman P~7eyer that a new fund be created to be known as Lynwood Acquisition and Improvement District No. 25 Bond Retirement Fund for the purpose of depositing X500.00 to provide for the re- tirement of an outstanding bond of said district, and that a trans- fer be made from the General Fund to said Fund of said amount, and that said sum be repaid to the General Fund from the City of Lynwood Acquisition and Improvement District No. 25 Special Fund in the Re- funding proceedings. Roll Call: Ayes: Councilmen Lake, Meyer and Nation. Noes: None. Absent: Councilmen Boster and Snyder. The Mayor then announced that the next order of business should be a consideration of confirmation of the reassessment in A. and I. District No. 8. Street Superintendent Bateman testified as to the manner of spreading of the reassessment and certain corrections and revisions that need be made, stating that after suc~~-~ revisions and corrections had been made, that the reassessment would be spread according to benefit and proper credit given for payment made through the taxes. Thereupon RESOLUTION N0. 1119, entitled: 'RESOLUTION DI- RECTII~G REVISION, COP,RECTION AND P,~iODIFICA_TION OF THE REASSESSMENT FILED IN THE REFUNDING OF THE INDEBTEDNESS OF ACQUISITION Aiv'D IM- PROVEMENT DISTRICT N0. 8 OF THE CITY OF L~'NWOOD, CALIFORNIA," read- ing as follows, was read: "WHEREAS, pursuant to the provisions of the Assessment Bond Refunding Act of 1933, as amended, proceedings for the refund- ing of the indebtedness of Acquisition and Improvement District No. 8 of the City of Lynwoodare being conducted by tr~s City Council; and WHEREAS, this is the time and place fixed for hearing on the reassessment filed with the City Clerk, and no objections or protests have been filed or made; and WHEREAS, this City Council has examined and considered such reassessment and is of the opinion that a change, revision, correction and modification of said reassessment is desirable: NOW, THEREFORE, THE CITY Q~JNGIL OF THE CITY OF LYNWOOD DOES HEREBY RESOLVE, D}±.TE3~1JI INE AND ORDER AS FOLLOWS Section 1. That Reassessment No. 464 upon Lot 570, Tract No. 2551, Maps Book 24, Pages 78, ?9 and 80, in the amount of X81.43 shall be eliminated and there shall be substituted therefor two reassessments numbered, of the amounts, and upon the property as follows: Reassessment No. 464-A upon the East 50.00 feet of Lot 570, Tract No. 2551, Maps Book 24, Pages 78, 79 and 80, in the amount of X40.33, and Reassessment No. 484-B upon the West 5.0.00 feet of Lot 570, Tract No. 2551, Maps Book 24, Pages 78, 79 and 80, in the amount of 541.10, and the reassessment roll and diagram shall ire cor- rected accordingly. That Reassessment No. 635, Lot 680, Tract No. 2992, Maps Book 3~, Page 78, in the amount of X83.28 shall be eliminated and there shall be substituted therefor two reassessments numbered, of the amounts, and upon the property as follows: Reassessment No. 635-A upon the West 43.37 feet of (Measured along the south line) Lot 680, Tract No. 2992, Maps Book 30, Page 78, in the amount of X56.51, and Reassessment No. 635-B upon all except the West 43.37 feet of (Measured along the south line) Lot 680, Tract No. 2992, Maps Book 30, Page 78, in the amount of X26.77; and the reassessment roll and diagram shall be corrected accordingly. That Reassessment No. 12,46, the South 10.00 feet of Lot 1013, Tract No. 3025, ~riaps Book 35, Pages 43 and 44, in the amount 2'~5 of ~30.?6, shall be eliminated and there shall be substituted. there- for three reassessments numbered, of the amounts, and upon the property as follows: Reassessment No. 1246-A upon the South 10.00 feet of the East 70.00 feet of Lot 1013,. Tract No. 3025, Maps Book 35, Page 43 and 44, in the amount of X10.24; Reassessment No. 1246-B upon the East 45.00 feet of the Vest 90.00 feet of the South 10.00 feet of Lot 1013, Tract No. 3025, MaTDS Book 35, Page 43 and 44, with no reassessment thereon, and Reassessment No. 1246-C upon the West 45.00 feet of the South 10.00 feet of Lot 1013, Tract No. 3025, Maps Book 35, Page 43 and 44, with no reassessment thereon; and the re- assessment roll and diagram sh all be corrected accordingly. That Reassessment No. 1247 shall be revised and corrected by changing the description of the property from the "North 20.00 feet of the West 90.00 Peet of and the North-40.00 feet of the East 70.00 feet of Lot 1014, Tract No. 3025, Maps Book 35, Page 43 and 44," to the North 40.00 feet of the East 70.00 feet of Lot 1014, Tract No. 3025, Maps Book 35, Page 43 and 44; and the reassessment roll and dia- gram shall be corrected accordingly. That Reassessment No. 1249 shall be revised and corrected by changing the description of the property from "the East 45.00 feet of the West 90.00 feet of the South 80.00 feet of Lot 1014, Tract No. 3025, Maps Book 35, Page 43 and 44," to the East 45.00 feet of the West 90.00 feet of Lot 1014, Tract No. 3025, Maps Book 35, Page 43 and 44; and the reassessment roll and diagram shall be corrected ac- cordingly. That Reassessment No. 1250 shall be revised and corrected by changing the description of the property from "the West 45.00 feet of the South 80.00 Peet of Lot 1014, Tract No. 3025, Maps Book 35, Page 43 and 44," to the West 45.00 feetof Lot 1014, Tract No. 3025, Maps Book 35, Page 43 and 44; and the reassessment roll and di®.gram shall be corrected accordingly. That Reassessment No. 1299 shall be revised and corrected by dhanging the amount of the reassessment from X122.39 to X39.14, and by changing the description of the property from "North 60.00 feet of (measured along the east line) Lot 1048, Tract No. 3025, Maps Book 35, Pages 43 and 44" to the West one-ha.lf of the North 110.00 feet of (measured along the east line) Lot 1048, Tract No. 3025, M;psBook 35, Pages 43 and 44, and the diagram shall be corrected ac- cordingly. That Reassessment No. 1300, the South 100.00 feet of (measured along the east line) Lot 1048, Tract No. 3025, Maps Book 35, Pages 43 and 44, in the amount of X145.84, shall be eliminated and there shall be substituted therefor two reassessments numbered, of the amounts: and upon the pro perty as follows: Reassessment No. 1300-A upon the East one-half of the North 110.00 feet of (measured along the east line) Lot 1048, Tract No. 3025, Maps Book 35, Pages 43 and 44, in the amount of X55.14, and Reassessment No. 1300-B upon the South 50.00 feet of (measured along the east 1=ne) Lot 1048, Tract No. 3025, Maps Book 35, Pages 43 and 44, in the amount of X44.77; and the reassessment roll and diagram shall be corrected accordingly. That Reassessment No. 1301 shall be revised and corrected by changing the amount of the reassessment from X61.50 to X51.75. The Superintendent of Streets is hereby directed and orderer to revise and correct said reassessment roll and diagram as provided in this section. " It was moved by Councilman Meyer and seconded by Coun~lman Lake that said Resolution No. 1119 be adopted. Roll Call: Ayes: Councilmen Lake, ~,4eyer and Nation. Noes: None. Absent: Councilmen Bolter and Snyder. The Mayor inquired of Street Superintendent Bateman whether or not the corrections and revisions had been made pursuant to Resolution'No. 1119. Thereupon Street Superintendent Bateman stated that they ha.d been made and that the reassessments as revised were spread according to benefit, and proper credit was given for payments made through the taxes. Thereupon RESOLUTION N0. 1120, entitled: "RESOLUTION SET- TING FORTH FACTS OF HEARING AND FINDINGS AND CONFIRMING REASSESSMENT IN THE REFUNDING OF THE IND~?,BTEDNESS OF ACQUISITION AND IMPROVEMENT DISTRICT N0. 8 OF THE CITY OF LYNWOOD,". reading as follows, was read: "WHEREAS, under the provisions of the Assessment Bond Re- funding Act of 1933, as amended, this City Council adopted Resolution of Intention No. 1042 on the 11th day of January, 1938, providing for the refunc~ng of the indebtedness of Acq~.sition and Improverent District No. 8 of the City of Lynwood under the brovisi©ns of said Act; and ~~~ WHEREAS, it appears that notice of the hearing on the proposed reassessment has been published and posted as required by law-and at the time and place .set for hearing on the proposed re- assessment a hearing was duly had and the said hearing has been regularly continued from time to time by the orders entered upon the .minutes of this City Council and this is the time and place to which said hearing has been regularly continued; and 'NHEREAS, no protest or objection to the said reassessment or any of the reassessments upon the respective lots, pieces or par- cels of land reassessed or to any action or determination in the making of said reassessment or in the proceedings for said reassess- ment and refunding has been filed or .made, and no protest or ob- jection to the amounts of any of the reassessments or to the validity or legality of any of the. proceedings for said reassessment or re- funding has been filed or made; and WHEREAS, no objection or protest. upon any ground whatever has been filed or made and evidence has been taken on the reassess- ment and refunding proceedings: NOW, THEREFORE, the City Council of the City of Lynwood, California, does hereby resolve, determine and order as follows: Section 1, That said resolution of intention, being Resolution No. 1042, was duly adopted and contains all the matters and things required by 1_aw and is in every respect regular and suf- ficient. That said resolution was published at the time and in the form and manner required by law and that copies of such resolution headed "Nc~Lce of refunding and reassessment" were posted at the time and as required by law, and that a copy of the resolution as pub- lished was mailed, postage prepaid, at the time and in the manner and to the persons required by law, and affidavits of such publication, posting, and mailing were duly filed as required by law in the of - fice of the City Clerk of the City of Lynwood. That a hearing a~as held pursuant to said resolution at the time and place stated therein and that at or before the time fixed for said hearing no property owner orperson interested filed or made any written objection to the proposed refunding and no oral objection to said proposed refunding was made, and the written consent of the owners of a majority in area of the lands in the district consenting to the proposed refunding and reassessment was filed before the time of said hearing, and this City Council duly determined that such consent had been filed and was sufficient and duly adopted and entered upon the minutes its resolution determining that the written consent of the owners of a majority in area of the land in said dis- trict had been filed, and thereafter by resolution duly adopted and entered upon its minutes, ordered the refunding and reassessment. That pursuant to the direction of said City Council, the City Engineer prepared a diagram of the property included within the district upon which the reassessment should be levied and said dia- gram w~-s delivered to the Superintendent of Streets of the City of Lynwood and he thereafter proceeded to make the reassessment in ac- cordance with the aforesaid Act, and when said reassessment was com- pleted it was filed with the Clerk of the Council and this Council directed said Clerk to give notice of the filing of said reassess- ment and of the time and place when and where all persons interested in the reassessment would be heard by this City Council and that thereafter said Clerkpublished a notice of hearing on the proposed reassessment containing all matters an d. things required by law at the time and in tl~e manner provided by law and posted the same upon all open streets within said District at tre time and in the manner required by law and affidavits of such posting and publication were duly filed in the office of said City Clerk and have been presented to this City Council and this City Council hereby finds and deter- mines that the notice of hearing was in all respects sufficient and that the same has been published and posted as reeuired by law, a.nd this CityCouncil further finds and determines that the hearing on the proposed reassessment has been had at the time and ?lace set forth in the ~~otice and in the manner required by law and that said hearing has been duly and regularly ad,jqurned and continued from time to time and has been held and concluded in the manner required by law, and Dior to the conclusion of said hearing this Council by resolution directed the correction and revision of certain re- assessments, and the corrections and revisions so ordered have been duly made and are as follows: Reassessment No. 464 upon Lot 570, Tract No. 2551, Maps Book 24, Pages 78, 79 and 80, in the amount of X81.43 ha.s been eliminated a_nd there has been substituted therefor two reassessments ~I numbered, of the amounts, and upon the property as follows: .Re- assessment No. 464-A upon the East 50.00 feet of Lot 570, TractNo. 2551, Maps Book 24, Pages 78, 79 a_nd 80, in the amount of 40.33, and Reassessment No. 464-B upon the West 50.00 feet of Lot 570, Tract No. 2551, Maps Book 24, Pages 78, 79 and 80, in the amount of x$41.10; and the reassessment roll and diagram have been corrected accordingly. Reassessment No. 635, Lot 680, Tract No. 2992, Maps Book 30, Page 78, in the amount of X83.28 has been eliminated and there has been substituted therefor two reassessments numbered, of the amounts, and upon the property as follows: Reassessment Nol 635-A upon the West 43.37 feet of (measured along the south line) Lot 680, Tract No. 2992, Maps Book 30, Page 78, in the amount of X56.51, and Reassessment No. 635-B upon all except the Vilest 43.37 feet of (meas- ured along the south line) Lot 680, Tract No. 2992, Maps Book 30, Page 78, in the amount of X26.77; and the reassessment roll and die- gram have been corrected accordingly. Reassessment No. 1246, the South 10.00 feet of Lot 1013, Tract No. 3025, Maps Book 35, Page 43 and 44, in the amount of X30.76, has been eliminated and there has been substituted therefor three reasGes~ments numbered, of the amounts, and uponthe property as follows: Reassessment No.I246-A upon the South 10.00 feet of the _ East 70.00 feet of Lot 1013, Tract No. 3025, Maps Book 35, Page 43 and 44, inthe amount of X10.24; Reassessment No. 1246-8 upon the East 45.00 feet of the West 90.00 feet of the South 10.00 feet of Lot 1013, Tract No. 3025, Maps Book 35, Pages 43 and 44, with no reassessment thereon, and Reassessment No. 1246-C .upon the West 45.00 feet of the South 10.00 feet of Lot 1013, Tract No. 3025, IViaps Book 35, Pa~'es 43 and 44, with no reassessment thereon; and the reassessment roll and diagram have been corrected accordingly. Reassessment No. 1247 has been revised ,and corrected by changing the description of the property $om "the North 20.00 feet of the West 90.00 feet of and the North 40.00 feet of the East 70.00 feet of Lot 1014, TractNo. 3025, Maps Book 35, Pages 43 and 44" to the North €0.00 feet of the East 70.00 feet of Lot 1014, Tract No. 3025, Maps Book 35, Pages 43 and 44; and the reassessment roll and diagram have been corrected accordingly. Reassessment No. 1249 has been revised and corrected by changing the description of the property from "the East 45.00 feet of the West 90.00 feet of the South 80.00 feet of Lot 1014, Tract No. 3025, Maps Book 35, Pages 43 and 44," to the East 96.00 feet of the West 90.00 feet of Lot 1014, Tract No. 3025, Maps Book 35, Pages 43 and 44; and the reassessment roll and diagram have been corrected accordingly. Reassessment No. 1250 has been revised and corrected by changing the description of the property from "the West 45.00 feet of the South 80.00 feet of Lot 1014, Tract No. 3025, Maps Book 35, Page 43 and 44" to the West 45.00 feetcf Lot 1014, Tract No. 3025, Maps Book 35, Pages 43 and 44; and the reassessment roll and diagram shall be corrected accordingly. Reassessment No. 1299 has been revised and corrected by changing the amount of the reassessment from X122.39 to X39.14, and by changing the description of the property from "North 60.00 feet of (measured along the east line) Lot 1048, Tract No. 3025, Maas Book 35, Pages 43 and 44" to the West one-half of the North 110.00 feet of (measured along the east line) Lot 1048, Tracct No. 3025, Maps Book 35, Pages 43 and 44, and the diagram has been corrected accordingly. Reassessment No. 1300, the South 100.00 feet of (measured ', along the east line) Lot 1048, Tract No. 3025, Maps Book 35, Pages 43 and 44, in the amount of X145.84, has been eliminated and there ,,~ has been substituted therefor two reassessments numbered, of the amounts, and upon the property as follows: Reassessment 3~0. 1300-A upon the east one-half of the North 110.00 feet of {measured along the East line) Lot 1048, Tract No. 3025, Maps Book 35, Pages 43 and 44, in the amount of X55.14, and Reassessment No. 1300-B upon the South 50.00 feet of (measured along the east Line) Lot 1048, Tract No. 3025, Maps Book 35, Pages 43 and 44, in the amount of X44.77; and the reassessment roll and diagram have been corrected accordingly. Reassessment No. 1301 has been revised and corrected by changing the amount of the reassessment from X61.50 to X51.75. That all of the actions, determinations, resolutions and orders and all of the proceedings heretofore taken in said reassess- ment and refunding pursuant to and including said resolution. No. 1042 are regular, valid and sufficient. Section 2. That the reassessment as corrected and revised has been made as provided in said Act and is gust and in accordance with the facts end that the said reassessment so corrected and re- vised is apportioned according to benefits, as rrovided in said Act, ?7~ and it is hereby found and determined that said reassessment as corrected and revised is regular, va.?id and sufficient, and that the diagram .attached thereto is regular, valid and sufficient. Section 3. That said reassessment, as corrected and re- vised, be and it is hereby confirmed. Section 4. That the holders of all outstanding bonds and coupons have contracted to exchange such bonds and coupons for cash in the refunding proceedings and it is hereby directed that said re- assessment as confirmed be recorded with the Superintendent of Streets •of the City of Lynwood. Section 5. That this resolution be entered in full upon the minutes of this City Council." It was-moved by Councilman Lake and seconded by Councilman Meyer that said Resolution No. 1120 be adopted. Roll Call: Ayes: Councilmen Lake, Meyer and Nation. Noes: None. Absent: Councilmen Boster and Snyder. Thereupon RESOLUTION No. 1121, entitled: "RESOLUTION DI- RECTING NOTICE TO BE GIVEN OF RECORDATION OF REASSESSMENT AND RE- QUESTING CANCELLATION OF UNPAID SPECIAL ASSESSMENT TAXES," was read. It was moved by Councilman Meyer and seconded by Councilrrian Lake that said Resolution No. 1121 be adopted. Roll Call: Ayes: Councilmen Lake, Meyer and Nation. Noes: None. Absent: Councilmen Boster and Snyder. The Mayor then announced that the next order of business should be a consideration of confirmation of the reas~.essment in A. and I. District No. 25. Street Superintendent Bateman testified as to the manner of spreading of the reassessment and certain corrections and re- visions that need be made, stating that after such revisions and corrections had been made, that the reassessment would be spread ac- cording to benefit and proper credit given for payment made through the taxes. Thereupon RESOLUTION NO. 1122, entitled: "RESOLUTION DI- RECTING REVISION, CORRECTION AND MODIFICATION OF THE REASSESSMENT FILED IN THE REFUNIING OF` THE INDEBTEDNESS OF ACQUISITION AND IM- PROVEMENT DISTRICT N0. 25 OF THE CITY OF LYNWOOD, CALIFORNIA," read- ing as follows, was read. "WHEREAS, pursuant to the provisions of the Assessment Bond Refunding Act of 1933, as amended, proceedings for the refund- ing of the indebtedness of Acquisition and Improvement District No. 25 of the City of Lynwood are being conducted by this City Council; and 71HEREAS, this i~ the time and place fixed for hearing on the reassessment Piled with the City Clerk, and no objections or pro- tests have been filed or made; and ~~HEREpS, this City Council has examined and considered such reassessment and is of the opinion that a change, revision, correction and modification of said reassessment is desirable: NOW, THEREFORE, THE CITY COUNCIL OF' THE CITY OF LYNWOOD DOES HEREBY RESOLVE, DETERMIRTE AND ORDER AS FOLLOWS: Section 1. That Reassessment No. 238, Lot 680, Tract No. 2992, Maps Book 30, Page 78, in the amount of X54.69 shall be eliminated and there-shall be substituted therefor two reassessments numbered, of the amounts and upon the property as follows: Reassess- ment No. 238-A upon the ~!est 43.37 feet of (measured along .the south line ) Lot 680, Tract No. 2992, Maps Boo~C 30, Page 78, in the amount of X37.11, and Reassessment No. 238-B upon all except the West 43.37 feet of (measured along the south line) Lot 680, Tract No. 2992, Maps Book 30, Page 78, in the amount of X17.58; and the reassessment roll and diagram shall be corrected accordingly. That Reassessment No. 343, The South 10.00 feet of Lot 1013, Tract No. 3025, Maps Baok 35, Page 43 and 44, in the amount of $9.43, shall be eliminated and there shall be substituted therefor three reassessments numbered, of the amounts, and upon the property as follows: Reassessment No. 343-A upon the South 10;00 feet of the East 70.00 feet of Lot 1013, Tract No. 3025, Paps Book 35, Page 43 and 44, in the amount of X9.43; Reassessment No. 343-B upon the East 45.00 feet of the West 90.00 feet of the South 10.00 feet of Lot 1013, Tract No. 3025, Maps Book 35,Pag~e 43 and 44, with no re- assessment thereon, and Reassessment No. 343-C upon the West 45.00 feet of the South 10.00 feet of Lot 1013, Tract No. 3025, Maps Book 35, Page 43 and 44, vrith no reassessment thereon; and the reassessment roll and diagram shall be corrected accordingly. ~` "That Reassessment No. 344 shall be revised and corrected by changing the description of the property from "the North 20.00 feet of the West 90.00 feet of and the North 40.00 feet of the East 70.00 feet of Lot 1014, Tract No. 3025, Maps Book 35, Page 43 and 44" to the North 40.00 feet of the East 70.00 feet of Lot 1014, Tract No. 3025, Maps Book 35, Page 43 and 44; and the reassessment roll and dia- gram shall be corrected accordingly. That Reassessment No. 345 shall be revised and corrected by changing the description of the property from "the West 45.00 feet of the South 80.00 feetof Lot 1014, Tract No. 3025, Maps ,Book 35, Page 43 and 44" to the West 45.00 feet of Lot 1014, Tract No. 3025, Maps Book 35, Page 43 and 44; and the reassessment roll and diagram shall be corrected accordingly. That Reassessment No. 346 shall be revised and corrected by changing the description of the property from "the East 45.00 feet of the West 90.00 feet of the South 80.00 feet of Lot 1014, Tract No. 3025, Maps Book 35, Page 43 and 44" to the East 45.00 feet of the West 90.00 feet of Lot 1014, Tract No. 3025, Maps Book 35, Page 43 and 44; and the reassessment roll and diagram shall be corrected accordingly. That Reassessment No. 396 shall be revised and corrected by changing the amount of the reassessment from X54.11 to $27.12, and by changing the description of the property from "North 60.00 feet of (measured along the east line') Lot 1048, Tract No. 3025, Maps Book 35, Pages 43 and 44" to the West one-half of the North 110.00 feet of (measured slog the east line) Lot 1048, Tract No. 3025, Maps Book 35, Pages 43 and 44, and the diagram shall be corrected accordingly. That Reassessment No 397, the South 100.00 feet of (meas- . ured along the east line) Lot 1048, Tract No. 3025, Maps Book 35, Pages 43 and 44, in the amount of X66.39, shall be eliminated and there .shall be substituted therefor two reassessments numbered, of the amounts, and upon the property as follows: Reassessment No. 397-A upon the East one-half of the North 110.00 feet of (meastred along the east line) Lot 1048, Tract No. 3025, Maps Book 35, Pages 43 and 44, in the amount of X26.99, and Reassessment No. 397-B upon the South 50.00 feet of (measured along the east line) Lot 1048, Tract No. 3025, Maps Book 35, ..Pages 43 and 44, in the amount of X25.79; and the reassessment roll and diagram shall be corrected accordingly. That Reassessment N~. 399 shall be revised and corrected by changing the amount of the reassessment from 31.86 to X26.06. The Superintendent of Streets is hereby directed and or- dered to revise and correct said reassessment roll and diagram as provided in this section." It was moved by Councilman Lake and seconded by Councilman Meyer that said Resolution No. 1122 be adopted. Rall Call: Ayes: Councilmen Lake, Meyer and Nation. Noes: None. Absent: Councilmen Bolter and Snyder. The Mayor inquired of Street Superintendent Bateman whether or not the corrections a.nd revisions had been made pur- suant to Resolution No. 1122. Thereupon Street Superintendent Bate- man stated that they had been made and that the reassessments as re- vised were spread according to benefit, and proper credit was given for payments made through the taxes. Thereupon RESOLUTION N0. 1123, entitled: "RESOLUTION SET- TING FORTH FACTS OF` HEARING AND FINDINGS AND CONFIRMING REASSESSMENT IN THE.-REFUNDING OF THE INDEBTEDNESS OF ACRUISITION AND IMPROVEMENT DISTRICT NO. 25 OF THE CITY OF LYNWOOD," reading as follows, was read. "WHEREAS, under the provisions of the Assessment Bond Re- funding Act of 1933, as amended, this City Council adopted Resolution of Intention No. 1043 on the 11th day of January, 1938, providing for the refundng of tYe indebtedness of Acquisition and Improvement District No., 25 of the City of Lynwood under the provisions of said Act; and WHEREAS, it appears that notice of the hearing on the pro - posed reassessment has been published and poi--ted as required by law and at the time and .pl ace set for hearing on the proposed reassessment a hearing was duly had and the said hearing has been regularly con- tinued from time to time by the orders entered upon the minutes of this City Council and this is the time and place to which said hear- ing has been regularly continued; and R'HEREAS, no protest or ob,~ection to the said reassessment or any of the reassessments upon the respective lots, pieces or parcels of land reassessed or to any action or determination in the making of said reassessment or in the proceedings for said reassess- ment and refunding has been filed or made, and no protest or ob,~ectior: ~~~ to the amounts of any of the reassessments or to the validity or legality of any of the proceedings for said reassessment or refund- ing ha.s been filed or made; and . WHEREAS, no objection or~protest upon any ground whatever has been filed or made and evidence has been taken on the reassess- ment and refunding proceedings: NOW, THEREFORE, the City Council of the City of Lynwood, California, does hereby resolve, determine and order as follows: Section 1. That said resolution of intention, being Resolution No. 1043, was duly adopted and contains all the matters and things required by law and is in every respect regular and suf- ficient. That said resolution was published a.t the time and in the form and manner required by law and that copies.of such resolution headed "Notice of refunding and reassessment" were posted at the time and as required by law, and that a copy of the resolution as published was mailed, postage prepaid, at the time and in the man- ner and to the persons required by law, and affidavits of such pub- lication, posting, and nailing were duly filed as required by law in the office of the City Clerk of the City of Lynwood. That a hearing was held pursuant to said resolution at the time and place stated therein a.nd that at or before the time fixed for said hearing no property owner or person interested filed or made any writ'~en objection to the proposed refunding and no oral objection to said proposed refunding was made, and the written consent of the owners of a majority in area of the lands in the district consenting to the proposed refunding and reassessment was Piled before the time of said hearing, and this City Council duly determined that such consent had been filed, and was sufficient and duly adopted and entered upon the minutes its resolution determining that the written consent of the owners of a majority iii area of the land in said dis- trict had been filed, and thereafter by resolution duly adopted and entered upon its minutes, ordered the refunding and reassessment. That pursuant to the direction of said City Council, the City Engineer prepared a diagram of the property included withinthe district upon which the reassessment should be levied and said dia- gram was delivered to the Superintendent of Streets of the City of Lynwood a.nd he thereafter proceec~d to make the reassessment in ac- cordance with the aforesaid Apt, and~when said reassessment was com- pleted it was filed with the Clerk of the Council and this Council directed said Clerk to give notice of the filing of said reassessment a_nd of the time and place when and where all persons interested in the reassessment would be heard by this City Council anc~ that there- after said Clerk published a notice of hearing on the proposed re- assessment confining all matters and things required by law at the time and in the manner provided by law and posted the same upon all open streets within said district at the time and in the manner re- quired by law and affidavits of such posting and publication were duly filed in the office of said City Clerk and have been presented to this City Council and this City Council hereby finds and de- termines that the notice of hearing was in all respects sufficient and that the same has been published and posted as required by law, and this City Council further finds and determines that the hearing on the proposed reassessment has been had at the time a.nd place set forth in the notice and in the manner required by law and that said hearing has been duly and regularly adjourned and continued from time to time and has been held and concluded in the manner req:~ired by law and prior to the conclusion of said hearing this Council by res- olution directed the correction and revision of certain reassessments, and tYe oorrections and revisions so ordered have been duly made, and are as follows Reassessment No. 396, has been revised and corrected by changing the amount of the reassessment from X54.11 to X27.12, a.nd by changing the description of the property from "North 60:00 feet of (measured along t1~.e east line ) Lot 1048, Tract No. 305, Maps Book 35, Pages 43 and 44" to the West one-half of the North 110.00 feet of (measured along the east line) Lot 1048, Tract No. 3025, Maps Book 35, Pages 43 and 44, and the diagram has been corrected accord- ingly. Reassessment No. 397, the South 100.00 feet of (measured along the east line) Lot 1048, Tract No. 3025, Maps Book 35, Pages 43 are? 44, in the amount of X66.39 has been elirl~nated a.nd there h=>s been substituted therefor two a'eassessments numbered, of the amounts, and upon the property as follows: Reassessment No. 397-A upon the East one-half of the North 110.00 feet of (measured along the east line) Lot 1048, Tract No. 3025, I~liaps Book 35, Pages 43 and 44, in 2~~ the amount of X26.99, and Reassessment No. 397-B upon the South 50.00 feet of (measured along tie east line) Lot 1048, Tract No. 3025, Maps Book 35, Pages 43 and 44, in the amount of X25.79, and the reassessment roll and diagram have been corrected accordingly. Reassessment No. 399 has been revised and corrected by Chang ing the amount of the reassessment from X31.86 to X26.06. Reassessment No. 238, Lot 680, Tract Nom 2992, Maps Book 30, Page 78, in the amount of X54.69 has been eliminated and there has been substituted therefor two reassessments numbered, of the amounts andupon the property as follows: Reassessment No. 238-A upon the blest 43.37 feet of (measured along the south line) Lot 680, Tract No. 2992, Maps Book 30, Page 78, in the amount of X37.11, and Re- assessment No. 238-B upon a_11 except the West 43.37 feet of (measured along the south line ) Lot 680, Tract No. 2992, fliaps Book 30, Page 78, in the amount of X17.58; and the reassessment roll and diagram have been corrected accordingly. Reassessment No. 343, the South 10.00 feet of Lot 1013, Tract No. 3025, Maps Book 35, Pages 43 and 44, in the amount of X9.43, has been eliminated and there has been substituted therefor three reassessments numbered, of the amounts, and upon the property as fol- lows: Reassessment No. 343-A upon the South 10.00 feet of the East 70.00 feet of Lot 1013, Tract No. 3025, Maps Book 35, Pages 43 and 44, in the amount of X9.43; Reassessment No. 343-B upon the East 45.00 feet of the West 90.00 feet of the South 10.00 feet of Lot 1013, Tract No. 3025, Maps Book 35, Pages 43 and 44, with no re- assessment thereon, and Reassessment No. 343-C u3on the West 45.00 feet of the South 10.00 feet of Lat 1013, Traci No. 3025, Maps Book 35, Pages 43 and 44, with no reassessment thereon; and the reassess- ment roll and diagram have been corrected accordingly. Reassessment No. 344 has been revised and corrected by changing the description of the property from "the North 20.00 feet of the ~FJest 90.00 feet of and the North 40.00 feet of the East 70.00 fee t of Lo t 1014, Tra.c t No . 3025, Maps Book 35, Page s 43 and 44" to the North 40.00 feet of the East 70.00 feet of Lot 1014, Tract No. 3025, Maps Book 35, Pages 43 and 44; and the reassessment roll and diagram have been corrected accordingly. Reassessment No. 345 has been revised and corrected by charging the description of the property from "the West 45.00 feet of the South 80.00 feet of Lot 1014, Tract No. 3025, Maps Book 35, Pages 43 and 44" to the West 45.00 feet of Lot 1014, Tract No. 3025, Maps Book 35, Pages 43 and 44; and the reassessment roll and diagram have been corrected accordingly. Reassessment No. 346 has been revised and corrected by changing the description of the property from "the East 45.00 feet of the West 90.O~feet of the South 80.00 feet of Lot 1014, Tract No. 3025, Maps Book 35, Pages 43 and 44" to the East 45.00 feet of the West 90.00 feet of Lot 1014, Tract No. 3025, Maps Book 35, Pages 43 and 44; and the reassessment roll and diagram have been corrected accordingly. That all of the actions, determinations, resolutions and orders and all of the proceedings heretofore taken in said reas- sessment and refunding pursuant to and includ ing said resolution Nv. 1043 are regular, valid and sufficient. Section 2. That the reassessment as corrected and re- vised has been made as provided in said Act and is ,just and in ac- cordance with the facts and that the said reassessment so corrected and revised is apportioned according to benefits, as provided in said Act, and it is hereby found and determined that said reassess- ment, as corrected and revised, is regular, valid and sufficient, and that the diagram attached thereto is regula r, valid and sufficient. Section 3. That said reassessment, as corrected and re- vised, be and it is hereby confirmed. Section 4. That the holders of all outstanding bonds and coupons have contracted to exchange such bonds and coupons for cash in the refunding proceedings and it is herebq~direeted that said re - assessment as confirmed by recorded with the Superintendent of Streets of the City of Lynwood. Section 5. That this resolution be entered infitll upon the minutes of this City Council." It was moved by Councilman Meyer and seconded by Council- man Lake that said Resolution No. 1123 be adopted. Roll Call: Ayes: Councilmen Lake, Meyer and Nation. Noes: None. Absent: Councilmen Boster and Snyder. Thereupon RESOLUTION N0. I124, entitled, "RESOLUTION DI- ~cg~ RECTING NOTICE TO BE GIVEN OF RECORDATIO?~~ OF REASSESSi~~ENT AND RE- ~,UESTING CANCELLATION OF UNPAID SPECIAL ASSESSP,,EI~'T TAXES, 11 was read. It was moved by Councilman Lake and seconded by Councilman Meyer that said Resolution No. 1124 be adopted. Roll Call: Ayes: Councilmen Lake, Meyer and Nation. Noes: None. Absent: Councilmen Bolter and Snyder. It was moved by Councilman Lake and seconded by Council- man Meyer that the City Treasurer be authorized to accept payment of coupons in A. & I. District P1o. 19 Refunding; bonds without penalty on City of Lynwood owned bonds through the month of July.- Roll Call: Ayes: Councilmen .Lake, Meyer and Nation. Noes' None Absent: Councilmen Bolter and Snyder. It was moved .by Councilman Meyer. and seconded by Council- man Lake that the meeting ad,jeurn to July 5, 1938, at 7:30.P.M. All members of the Council present voting aye, the P.'Iayor declared the motion duly carried. MAYO OF HE CITY OF LYNVIr00D. ATTEST : -~,,, ~~ --- ---~ = _. CITY wRK, C YT OF LYNb'a'0 .