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HomeMy Public PortalAbout1421(03-10-42) � RESOLIITION N0. .1421 , RESOLUTION DIRECTING THE CANCELLATION OF ' UNPAID ASSESSMENTS AND TAXES LEVIED TO PAY THE PRINCIPAL AND`INTEHEST OF THE�BONDS � AND COUPON$ OF ACQUISITION AND IWPROVF..Il�ENT - DISTRICTS� NOS. 17, 18, . 20, 22, 23 and 28� , AND ID6PROVEMENT DISTRICT N0. ]. . OF,THE bITY OF LYNWOOD. , . . , WHEAEAS, this Citq Council ie conducting a proceeding to refund tiie lndebtednesa of Aequisition,and Improvement Dis— . tricts Nos. 17, 18, 20, 22, 23 and 28, and���Municipal Improve— ment Diatrict No. 1 of the City of Lyn�vood under the Aeseesment Bonfl Refunding Act of 1933, ae amended; and ' P7HEREAB, the City Council of the City oP South Gate and the Board of Supervlsora oY the CounLy`of Los Angelea have given their consent to eaid proceedinge, ;Ghe same bein� required as certain of the property within the multiple refunding dietrict 11es in.unincorporated' County territorq and certain other property liea in the City of South Gate;,and WHEREAS, the City Council oP .the City of Lynwood, having fn11 Jurisdiction in the premisee,hee caused to be prepared and filed and has conPirmed an gasesament (sometimea called reassesa- ment) in said refunding proceeding, the same being eupported by an assea,ement (sometimes called reassesement) diagram or map in accordance,with the provialons oY said•�Act; and � � Wf�IEREAS, it ie now deeirable to cancell all unpaid asaesa— menta and taxea levied to paq the principal and interest oY said • bonde. . NOW, THEREF'ORE, the City Council of the City of,Lynwood, doee hereby Pind, resolne, determine and order as followa: . � Section 1. That thia is the legislative,body which has exclusive �urisdiction in the matter of the rePunding of :?,c�;.,.i _ . Acqulaition.and Improvement�Dietricts Nos. 17, 18, 20, 22, 23 • and 28, and Municipal Improvement Diatrict No. 1 oY the City of Lynwood. . „ Section 2. �'hat the outstanding bonda and interest cou- , pons oP said districta, and each of them, are payable by taxes . or assesamen'�a levied wholly or partly in accordance with the . aeaesaed. value oY landa or property within said dietricts. . � Section 3. Tha.t this City Council has entered into a contract with.the owners of more than seventy-Yive per cent oP the bonds or indebtedneae oP said diatricte being refunded for tlie_refunding of said indebtedness under the Assessment •� Bond Refunding Act oP 1933; as amended, and.�that a retirement. , fund has been created and money deposited therein in�an amount • elearly eufPicient to provide for and pay all of the b'onds and . interest coupons of the-non-consenting oevners. ` Section 4. That the public interes�, convenience and ne- . ceesity require the cancellation,of all unpaid aesesaments ;. and taxes levied to pay the prineipal and intexat of eaid bonds � and coupons under the terma hereoP. . � Section 5. That thia City Council doea hereby order the cancellation of all the unpaid aeaessmenta"and taxes levied to � pay the principal and intereat of said bands, or any of them, together"with all penaltiea and intereet thereon. . In said.re- funding proceeding the,amounta of ad�valorem assessments levied to pay principal and interest oP bonds of said districts (including interest and penalties thereon) paid unfler the ten or other plan payment plan/of installment payment were credited as asaesamenta paid�in the ma�ing of the aesesement (sometimes called reassess- ment), and only the unpaid balance of the ad valorem asaeasmenta are hereby ordered cancelled, i, e., only that portion of such �&d valorem asseaemente as were not credited as an assesement _9_ paid in the making of the (so�etimes called reassess- ment) in said refunding proceeding. . �_ , - . _ . ', t ,, Section 6. That the Board of Supervisors of Los Angeles County, the auditor of said County, and the Tax Collector of said County be, and they are hereby ordered and.directed to pro- • ceed to make the necessarq entries shodring the cancellaLion of said special assessment taxea, penalties and intereat, reserA- ing only that portion of tlie ad valorem asaeasmente ivhich �vere not credited as an paid in making the as (s.ometimes called reassesament) in the refunding proceeding. � The description of the property, the amounts.paid under ` the ten payment plan, or other,plan of installment payment, as hereinbefore stated for the respective paraels of property • and the Account numbers.thereof are as follov�s: , � . A ` TOTAL AMOUNT PARTIAL ACCOUNT . PAYMENT CREDITED TO N0,' TAACT BIACK LOT DESCRIPTION ASSESSMENT ' ' � Tract No. 6717 . . A 390� 25 That part in L,yn A& 2 No l� in Zone 0 �°36 _ A 3909 25 That part in Lyn A& I No 1ffi in Zone Q '� 47;52 ' A 39�1 26 Ti�at Part in Lyn A& I No 1� in Zone 0 j4,54 a. 3glo �6 Phat p�t in Lyn a& i No 1ffi in Zone Q 37•5 A 3913 33 That part in Lyn A&'I No ig in Zone 0 ' 26 .26 A 3912 33 That part,in Lyri A& T No 1� in Zone'Q 25 ;64 � A 3915 33 �at part in Lyn A& I No 18 in Zone A 296.27 � A 39i4 33 That Part in Lyn A& I No i� in zone c i3�.g4 Tract No. 7046 � • . i3000l . 43 ' � 37. 2 5537� 66 � 0.40 127962 67 2.7i 66i49 i72 , i.39 i26i37 is5 1.39 12oBS 1�ffi 7,11 120�7 i89 11.67 . A 3655) i94) ' • 7,�1 A 3655). . �95)- : i253�5 3g5.: 3,6i 124926 405 _ 3.ob i3i�i7 4�7 � �.. i2,4o 74363 • 60� , . 7.0� �1506 6�0 � 6.43 A 6269 624� • . 11.67 1 35�+ 1 3 70� � 6. ��+ i2s��S 725 2.7� 131�37 738 _ 3,44 i3i�3g 739 . . z.33 20�43 . ' �6i 3.22 a 4994 943 � ii.54 _t},_; , � TOTAL AMOIINT PARTIAL ACCOUNT PAYMENT CREDITED TO N0. TRACT BLOC% LOT DE3CRIPTION A3SE83MENT � Tract No, 7046 (con't) 2553� . 953 . � 1:.�� Tre.ct No. 5418 � � . Block 1 65116 43 23.76 slock 3 � 62i �23 13.34 2001�1 25 � 61.24 - Block 4 �' A i3493 � 2 36.83 . slock 7 . _ . 6006i - ' 2 : 12.59 6006� 3 "; _� . � . 11•63 i6oi5� l g .'., . .� � 45.i5 . slock $ � 83283 . •19 _ 23.68 . Block 9 A i�82 � 1.i , . , 39.57 ' Block 12 a 4060 . 16. ' . 31.72 � Block lj. • . . ` : 203�53 2 � 31.i9 io�46o 7 . 20.�1 slock 14: A ��232 3. � 39.i5 � Albert•�Villa Trect � iio229) 6j 159.99 - i1o229)� 7> . . � Tract No. 5456 A 12767 : �3 . � ) ' 9.53 , 24 Pd. 125t . _of ) , , , �`� TOTAL AMOIINT PARTSAL � ACCOIINT PAYMENT CREDITED TO '. N0. TAACT BLOCR LOT- DESCRIPTION AS$ESSMENT � Tract No. 5456 . � . �2249)r ioi) - . . 72249) io2) $ 51.95- i37i�2 io6j . � ' �0��7 7 Tract No. 5222 i2494i 3� , . 2ii.4� � i2494o . 3z , 127.95 A i4i6i �+i . , 33.02 . i24744 �o � .. ' 40•47 � 124745 S� ' : ii.77 A 1050 99 s.E. 40� 36.�9 11i697 ii� . : i29.2i g59i6 13i . ' - 70.�3. i6o156 i6� rr,w. 4os � �. � iig.64 12g1o4 192 P6.68 Tract No. 577 � ii34o) '.2382) . . 30.92 . ii34o) 23�3).. . A i27o�) 2367) ... a 12704) 236�) �5�,36 � a i27o4) 2369) � 54i�) . 240�) � � �. : 5.04 . .13ooii � 255� � . .,. �3.34 . i76i2 2 555 . , 2•0� 200762 2 575 ' Y . � 3. 200763 2576 , � 4,53. 16oi6o) 256�) .. . � i6.i7, . i6o16o> 2 5�9) . � _ _,< Tract No. 6436 „ Block 12 , �7a62 �o �� i.4i �. . Tract No. 4936 ; . A 3�52 . : lo . . '9i.35. _�_ . . .. , . ._ , . ' , - �. � ,. - . _ . .. , , • -!;. . ; - ''' ` . ' : � ; .. - , � ,. " . . . . TOTAL AMOUNT:PARTIAL ' , 'ACCOUNT :. " � ' .PAYMENT CREDITED TO ., .. �`.. '' N0.'. ,TRACT BLOCK LOT �_ DE�GRZPT30N. ' , ` � `AS3ESSMENT , ' , ' • . , . ,• .. _. . . . -� �. : . . Tract No. �5?59. , � _ , N -� , � '202009 , ' : .� ' � -. - � ' .' , �.99 ' . io�477 .. 9 ; , . . � .. ii; 23 ,, : . _, . � F .� A° 2710) ._. 14) : r , � �9.�7 , . ... � 1 5�� � . � �i243o7 . 7g";Ex. w, 25= ) , ' -i.27 � = ' ' ..;. 7� �. . , � �� ' , . , ' .y i243o7' . 78 - w 25'� ? . . - . . �, o:i2 79. ). '. _ :' � - - -.. . . ,. - - . ti - . °� Trac,t No, � 279� "� : : . . A 5i:o5 �i4° s, E. 50: 5�+� ; Y ' ;^ 3• 17 � ..:,_. � : . ,_ . .� 202236' • 43 , ' �- . : , , • ` . � , i2.59 ; � �,,.:._ .. :_ . . ; ,_. . . i22167 _ ` 57. . �,.� ; ., , .. � , . . ... ,° � iiog44 ' 69 • ' ,.. - .:.' : • . !��:b� - . , ,` ;:: ; `:Traat No, 5975 : ' , :. , ` . ' ,� 24o3a .. r i14 � : " ' -z;34 ;,;. 2403� ii5 � � � , , . 4:i6 , , , : .. �. . : ,, ; . �.,. _ , ,.. _ _ „ � � Tract No. 255Z , .. � � .:. . . � .., _ ,. , . . . . , , •. . : . �. ' , . •, 64205 � 52 E. 50` . , � . _ " . �.3�. , , � 1o7�7i �' . � . 57 ' � 9050 � ._ <<:. , . , ., i . . ,, i26ioB ' ; . 155 � : . n .t � :, -' . io, gi ',1369�0 '. . ,.- ?93 �x, w. 40� ' 12 .? 6 ,.� ; 1369�0 . � ?93, w, 40� • , � . � , `i2,a_7 , , , . 'Tract No : 7 • . . ., `. Block 4 . , ' ' - ,. � . . . + _ . ,. . �.�56i ' io .... � � . . . .. . 13,79 ; _ _. � . �' Block' t , ,. . . . . , , . . , , .. .. .. .., ,. .,:. ,. : , ' . y ' . � . . . ,. + � f � ' s A,,�5� . 12.i2 � ,. ., `' ' �{ t}53Z . , ,. � : ( . , , . .. . , 12.12 .. . ,.._ . ,,.. .�: � 565 , 5 ; . . _ � n.46 . F � . •. � , � ,. . _ , , . nx� 4562' 6 . : ii . . ., . , , . � ., . : � . .. .. . °_' .�x� ; .. � ,; -7 ° ' .. . ; , � .._� 11.46, AX �524 , � - _ . 12;'12 ` ,. . , ,. . . �.; - , - . . . �_ , . , ,.. . • < . . , , , . , ,. _ , , ., � . • . .. ...., .... . ., � . . . , . TOTAL AMOUNT.PARTIAL ACCOUNT � PAYMENT CREDITED_T0 N0,• TRACT BIACK LOT DEB,CBIPTION ASBE$SMENT � , Tract No. 7�16 (con't) . . , . slock 5 . . � ax 4523 � g . . 12.i , a�c 4522 io . ' . i2;i2 . . �,x 4594 ii i4.6o ` B1ock 6:. il ' , , . � �595 i i4.6o- ax 4534 -� 2 _ � i2. i2, : ax 4 533 3. i�,iz. , � �563 6 ` . ' � ' .�i.45 � 45�5 ' g �. , 12.12 AX 4521 , 9 12.12 . ax 4520. .. io , . . i2,i2 � � �+596 ii . 14.60 - - . . Block .7' ' .. , ,. � 4553 , � . 1 3.79 t�x 4552 � 9 � - 13;79 ax 4551 10 � 13.79 Ax 4593 :. 12 • . . , - i�,1.� .� . Block 6 . ' � � . '. - - . , � . , �3. �.4557 � �_.'. . 13.79 � 4556 5 . �3.79 � �+555 : 6 . . : . , i3:79 Ax 4554 7 . _ 13.79 ' Ax 456o g . . . i3.79 °. . ax 4 559 9 1 3,79 ax 457i 22 • . i3.79 . . a�c 4 573 . 2� i�.io : slock 9 � . � 4603 i i6.44 _� , . . .. . .. - ,. , .. . , . . . � . � '.�,� ". y � ' � „ i , _ . � , . � ' � TOTAli AMOUNT PARTZAL ` ` s `,' `ACCOUNT : " ;" PAl'MENT CREDITED TO -NO, ` TRACT BLOQ�LOT DESCRIP.TION ASSESBMENT " f , .. _ ., � �Tract No: 7�16 � con! t ) :: .. � _ ;. . . , , : • .. . , � ; . � . :. Block 9 . - i .. . . .. . _ — . . .�4 a . . . n J �•:4543 . 2 , : � $ �z,i2 . . � , -.' AX. 45�}2 , � .. , 3 � �. . 12.12� ` . . Ax 45�1 . ` 4 . 12.12 �.. . � � ' ax .�±540 .: . . : 5 _ : , ,. , . � ` . . . ... ' i2:i2 _ � - . _ ,�. . . _ , , , . . .. � � 4 539 � � 12.�2 , . , .� : , � - .. ..� .: , °",� , .AX 453� : _ : 9 ' .: , . " ' . : ..° . . . . .. . ... 12;�12..: ,. . . _ � ,. . . ax 4536 m , io , : : � . 12,12 _. " � � � ��+535 ii �.� t • . � ' i2.i2 ., , , , �: _ . � , W - � . ,. , , `� ,4601 . .i2 . . , • i�;44 . . , . , . . r_ � •?�599 G 2i ; � • . i4; 60. , �� ax"A4600 . , ,. 22 .', � . . . . . : i�-.6o .� -. ,. _ .. . . . . ,.- t� .'.4597 z3 �, °. ; . . , - . . 60 �r s . . - , . , . . Ax '459� , 2�+ : • ; .. :. : , :. ,: . :�r .' . . . ` : ��..9� �. ' . BTock ,10 �� � . , , , �- AX: 4602 =� . . ,1 , ,, . . , ,, . ., ... . _ = i6:44" � . . .. , . ,• Eix`�45�3i _,, , 2 . ` : ` � : � : . : i2.i2 � t .. _ ::. ax 4530 3 . ` i2.i2. . .. . .. , ASC 4529 ` ' . : . � ; � . ,. . � . .. ' ' 12.12. , _ • . . . . . � � ��527 ` 7' , . ' . ' ' i2;i2 . . . . _ . � �4526 ; �.g . ;. ,, - „ � .12.12 AX.4526 11: : • . � . . 12.i2 ' ; - ,.. , . � . ., � ,. . . ,. . . ; � . . - . • '- a� 4577 .. 1 , � : ti. .. , _ i6;�2 ' Block 11.: , �� . t�x �5�5 ;.: ' 7 . . . ,. . ' i3:79 � � P,x 45�4 , . 9 � . ' i3.79 , . � Ax :45�6 : :_. 12 ` - _: ` ; . . '. Z3,79. ' , - : ,t „ , .. . � slocx� 12 ., ,, , .. , .,. � ; F � . �ax .4574 � � 1 , . . i6.45 . : �: , ax •►�546 � ::. . � '. ' . ` � � . ., ' � � i3.79 x. . , , . : . , , 9 . , _ � . , :. , _ TOTAL AMOUNT PARTIAL ACCOIINT PAYMENT CREDI2'ED 4'0 N0. TRACT BLOCK LOT DESGRIPTION ASSESSMENT � . • , Tract No 7�16 �con't) � � , Block 1?_ " ax 4547 3 . 1�.7�9� � ax 4�6g 6 i2.i2 � 4583 � 9 i3.go ax 45�2 10 .: 13.�0. ax 45gi i3 13.�0 ax 4607 14 16.4�+ ax 4606 � 15 . ; i6.45 Ax 454ffi 16 �: . , - . .., ,. �3.79 ax 4549 i7 � 13.79 ax 455o i� . 1 3.79 ax 4604 - 19 , i3.8o Ax 4572 z� � ' 13.79 . ax 45�� 26 i3.�o � � slock 13 ax 4609. i : 14.60 ax 456� 3 iz�.13 AX 4544 � . , 4 12 .12- Ax �+589 6 11 • � ax 45�7 7 11��9 iax 4566 lo - 12 • 13 ax 4567 �3 ie.i3 . ax 4613 14 i4.6o ax 4605 15 i7.3o Ax 4590 16 i4.4o ax 459s 17 i4.6o � Ax 4576 20 12.96 Ax 4592 2i . ' �2.95 ax 46i1 23 14.60 AX 4612 24 14.60 ' , . -io�. . � TOTAL AMOUNT PARTIAL ACCOIINT , PAYMENT CREDITED.TO N0, TRACT BLOCK LOT DESCRIPTION • ABSESSMENT �� Tract No; 7616"(con�t) ' ` - � , alock 13 _ ax 46o�c 26 . , °_ $ i4.6o a�c 4610 �7 � , 14.60 Ax 4570 2� i7.2� � slock 14 . . Ax 4545 ' 2 � i2.i2 6745o B 4.25 ax -45�0 9 , ` . i5.62 ax 4 579 io . 15.62 [�x �+578 �� i5,62 � �575 . 14 ��.9�+ Century Square : . , So4g9 i�7 . . 33,�+9 Tract No. 92�� ' Block 7 �4899� � .2 99,4 4 709 9 . 53,�5 Block � , ' , �076 � 9 �.i5 . �076 io � 5. _ii� .. , _ ;; . , ;�. : . . - . , - � . . . - , .. : . :';' .. ; ` � .. .. 1 :. . � , . , . � ,. ,. ,, . _ - , - x . _ . . , . . .. ` , APPR09ED APtD ADOPTE.D`this lOth_day of March, 1942. . . ��, _ -- , � ,, . ; �� � .� � fi � �� . t ���M*'�' t ., . .. _ - ' � .� .. . S' r fl 4' + ^ K { � -. y'.' .'/ ' _ . . 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Ci.t}� Clerk of t:1e City of � L��ntivood, no Y,ereb;r cert.ii3r 'thut t}ie aL ann iore�;oing, . Resolutioa �:�is �u _;; ado��i;ed 'oy th�; Cit;T Coune i.l of said. City� at an ,e,d.lourned r��E;;ular rr.eet;.n� thereof - held in tl'.e, City fiall of said ,City, cn the lOth day of .:. - uMarch � ',, �94 2, and p�ssed by the follqwixi� vo�e:, . : . , . ,� ��� „ ...� �� � ,� ; - , � � .• �` LL A{i5: CCL„CILT,iEN . Leke� MeMeekin, Z m m.n� • � , ; r . , - . �9l�.F � , �� ^ ' r '��� a :.0 �'.. ._. and Mayar � ' . . . . . r, ^ � � .� . . , • , ' . b(CFsSr COL'�1CIL;v;EP1 None. � � - �' , • . - �AnSEnT: CCL`NCIL:��.�T Chrietensen � � . � � �i. � . - . ��- . . �� - ' �' ' , � . � . . - . . . ,. . , . � �,. . . cri��: LLr-,n, cz���ar o_:� �,Ynr�.J�� _ . .. � i•.. . . . , r . , . , , �:, .