HomeMy WebLinkAboutCC Res 91 1923-01-04
I
~\;
\u
,.." .
---
-.'
f /1
~\
I.
Resolut1on Jlo.
1I
A lesolution amending paragraph 'Second'
cf Resolution Nc. 89 of the Oity cf Seal
Beach, Oalifornia.
8
4
5
6 RESOLVED: that the Bcard of 'rrustees of ~he Oity of
7 leal Beach, do hereby amend Paragraph 'Second.' of Resolution
,
8 Jlo. B9 of the Oity of Seal Beach, be:Lng a Resolution determ:Ln:Lng
9 unpaid assesements for the work done and. improvement made upon
10 tenth Street, and the aggregate amount thereof, .etc. to read
11 as fOlJ.ows:
111
18
I
14
15
16
17
18
19
20
21
22
28
24
lIo
26
I
1I7
1I8
29
80
'Seconds Boncl8 shall be issued upon the securi ty of tlll
unpaid assesements shown on the list thereof, as here:Lnabove de-
terJllineC1, fur tl1e aggregate principal of the sum of unpaid
assessment., to-wits "',802.79, and shall be payable in fifteen
ann'Ulll series on the 2nd. day of July of each year next 8I1cceed-
1ng nine months after their date until the whole S\Dll of the agg-
regate principal thereof i8 paid. Said boncl8 and each of them, '
shall bear interest at the rate of seven per cent (7~) per ann\Dll
from the 16th day of November, 1922, the date of the fil1ng with
. .
the Olerk of the Oity cf Seal Beach of the Street 8upeJintendentls
liet of unpaid assessment., until the whole ewm of the principal
and the interest is paid. The interest shall be paid s_-
annually by ocupons, on the 2nd day of January and July, respeot-
1vely, of each year at ter the date of the bonds, prov:Lded that
the first payment of interest shall not beoome due until the 2nd
day of Jintn1~'f'Y, "1.924, being six months before the maturity of the
f1rst annual ee :d.'s of the bonds.
The bonds and interest shall be paid at the offioe of
the 're~er of the 01 ty of Seal Be~ h, 1n said Oity, Oounty o;f
orange, State of Oalifornia, on the presentation of the proper
ocupons and bondS, out of the redemption fund, and under no cir-
cumstanoes shall said boDds,.{,r":Lnhrest thereon, be pa::Ldout of
81
82
-_1-
I
I
I
I
la
4
10
11
lla
18
14
16
16
17
18
19
20
lal
lala
la8
la4
26
la6
27
28
laD
I~
~
Resolution Number
8
any other f_.
A redemption fund .hall be kept by the treasurer of the
Oity of Seal Beach designated -Tenth Street Improvement Bond
Redemption J'Imd.- in which the Treasurer shall plaoe all eWll8
received from the collections of assessments made for the payment
of the cost of the work and improv8Jllent upon which the bonde are
issued, and the interest and penalties thereon. 1.1.1. of the bonde
shall be dated the 7th day of Decsmber, 1922, and ahall be num-
bered consecutively :t.L'om one (1) to thirty (30), both inoJ.usivs.
Iah Odd number EI1 bond shau be 1n the denom1na t1 on of Four Hun-
dred Dollar, (1400.00) and each even ntllDbered bond shalJ. be 1n
the denomination of ISo. 18 3/6.
!he form of the bond shall be substant1al.LY ae pro-
vided by Section 6 of the Improvement Bond Act of 1916, provided
that the same shall oontain the appropriate words and figures
to malte the said bond and the form thereof applicable to the
denomination, annual 8*ies, and purposes for which the bonds
are to be issued, as herein set forth. The bonde shaJ..L be aigned.
by the freasurer and alerk oftlB Oity of 8eaJ. Beach.
There ehall be attached to each bond, interest coupore
representing the payments of \IIIIlIi-annua1 interest, and made
payable upon the principaJ. of the bondS to which they are
attached. AlJ. of said bonds shaJ.J. be signed by the freasur':
of the Oity of 8ea~ Beach, but the Treasurer la signature may be
engraved, printed or J. i thograp.ned on the interest ooupons in
pJ.acs of the freasuer', signature by hand.
The interest ooupons shaJ.J. be sonseaut1veJ.y numbered
from one (1) upward, on each bond, and the interest thereby re-
presented ahall be paid on the 2nd day of January and JUly. suc-
ceeding the 16th day of November, 1922, provided that the coupo.
representing the first payment of interest shaH "become due and
the 2nd day of January, 1924, bJing siz months before the maturi~Y
6
6
7
8
9
80
81
82
-2-
I
I
I
10
1'7 Resolution Number
il-J
!
of the first annual eeries of the bonde, and shal.J. be for the
interest acfruing thereon from the l6tb. day of November, l.922, 1a:l
said date.
Bonds numbered one and two shall constitute annual ser-
ies No. 1 and shall fall due and be payable on the 2nd day of
July, 1924, be1ng the 2nd day of July next succeeding nine mont18
from the 7th day of December, 1922, the date of said bonds.
BondI ~bered 3 and 4 shall oonstitute annual. series
Ho. 2 and shall. faU. due and be payable on the 2nd day of July,
J.926...
II
8
4
5
6
7
8
9
Bonds numbered 6 and 6 shall constitute annual series
11
No. 3 and shall falldue and be payable on the 2nd day of July,
12
1926.
18
14
15
Bonds numbered 7 and 8 shall oonstitute annual series
No. " and shall fall due and be payable on the 2nd daY of July,
1927 .
16 _
Bonds numbered 9 and 10 shall cOnf'ltitute annual series
17
No. 6 and shall fall due and be payable on the 31 d day of July,
18
1928.
19
20
21
22
28
2.1
25
26
27
28
29
Bonds numbered 11 and 12 shall constitute annual series
No. 6 and shall fall due and be payable on the Qnd day of July,
1929.
Bonds numbered 13 and 14 dhall constitute annual series
No. 7 and shall fall due and be payable on the 2nd day of July,
1930.
Bonds numbered 15 and 16 shall constitute annual serles
No. 8 and shall fall due and be payable on the llnd day of July,
1931.
.--
80
Bonds numbered 17 and 18 shall constitute annual series
Ho. 9 and shall fall dueand be payable on the 2nd day of July,
1932.
81
82
Bonde numbered 19 and. 20 s11811 oonsti tub annual sa rJ. es
No. 10 and shall fall due and be payable on tha 2nd day of JUly,
-3-
I
I
I
10
11
12
18
14
15
16
17
18
19
20
21
22
28
24
\; Resolution Number
t6.,
, ,
1933 .
, ,
!
BODde DUlllbered S1 and 22 ehall oonstitute annual series
No. 11 and shall fall due and be payable on the 2nd day of July,
1934.
1I
8
4
5
Bonds nUlllbered 23 and 24 sball oonsti tute annual series
"'R __... _.._...._ .... _
Ho. 18 and sball fall due and be payable on the 2 nd day of July,
"" .
~~.
-",
Bonds numbered 26
6
1936.
7
and 26 shall consti tute annual eeri es
~.", -
due and:..be payable on the 2nd day of July,
i
.:
8
Ho. 13 and sball fall
9
-
1936.
,
Bonds num1:iered 27 and 2~, shall oansti tute -annual series
Ho. 14 and shall..fall due and be'-t~~able ~ the 2nd day of July,
~M ~I'
. ~ "
.V1 p,
Bonde nUmbered 89 and 30:;.' 'hall oonstitute annual series
it"
No. 16 and 8ball fall due and betpayable on the 2nd day of July,
1938.
25
Attest:
26
l~~~&~
Beaoh, Oali fornia.
27
28
29
state of Oalifornia, J
8S
Oounty of Orange.
80
81
.
I, B.B.BROWN, the duly elected, qualified and aoting
.
Olerk of the Oi ty t1 Seal Beach, do hereby oertify that the fore-
-4-
811
I
I
I
I
2
8
4
6
10
11
12
18 .
14
16
16
17
18
19
.20
21
22
28
24
26
26
27
28
29
Resolution Number
"'~
loing to be a full, true and oorreot copy of Hesolution NO.~
of the Oity of 8eal Beach. 1 have oarefully compared the same
with the original which isand remains on file in rr:!/ffice.
Witness my hand and official seal this L:t:-day of
January, 1923.
6
~
7/~
er 0 he 01ty of 8eal Bea~.
7
8
9
~
.
o
80
81
82