HomeMy WebLinkAbout1090
ORDINANCE NO. 1090
AN ORDINANCE OF THE CITY COUNCIL OF THE
CITY OF ARCADIA, CALIFORNIA,
DETERMINING THAT NO PART OF THE BONDS
AUTHORIZED BY ORDINANCE NO. 556 WILL BE
ISSUED OR SOLD AND DECLARING SUCH BONDS
VOID.
THE CITY COUNCIL OF THE CITY OF ARCADIA, CALIFORNIA, DOES
DETERMINE AND ORDAIN AS FOLLOWS:
SECTION 1. That on the 18th day of September, 1945,
pursuant to the results of a city election held on May 8, 1945,
the Arcadia City Council passed Ordinance No. 556 entitled "AN
ORDINANCE OF THE CITY COUNCIL OF THE CITY OF ARCADIA, CALIFORNIA,
PROVIDING FOR THE ISSUANCE OF BONDS OF SAID CITY IN THE AMOUNT OF
$750,000 FOR THE ACQUISITION AND CONSTRUCTION OF A CERTAIN MUNICI-
I
PAL IMPROVEMENT" whereby the issuance and sale of bonds in an amount
of $750,000 for trunk line sewers and a sewage treatment and dis-
posal plant were authorized. That the public improvement thereby
contemplated is no longer necessary; and no part of said bonds thus
authorized were ever sold, and no part of the bond issue remaining
unsold shall be issued or sold.
SECTION 2. That pursuant to Section 43630 of the California
Government Code, the City Council hereby determines that no part of
said issue remaining unsold shall be issued or sold, and that when
the within ordinance takes effect, the said bonds thus remaining
unsold and hereinabove described shall become void.
SECTION 3. The City Clerk shall certify to the adoption
of this ordinance and shall file certified copies nereof with the
Los Angeles County Board of Supervisors and with Roscoe Hollinger,
Auditor-Controller of Los Angeles County.
I HEREBY CERTIFY that the foregOing ordinance was adopted
-1-
1090
at a regular meeting of the City Council of the City of Arcadia held
on the 2nd
day of
August
, 1960, by the affirmative
vote of at least f ou r Councilmen, to wit;
AYES;
Councilmen Butterworth, Phillips, Reibo1d and
Balser
NOES:
None
~BSENT; Councilman Camphouse
el:~~ia~
SIGNED AND APPROVED this 2nd day of August
, 1960.
ATTEST:
~~~
/pro tempore
p? /./. .---,
V~./~ d/''1~~
i ty Clerk -
(SEAL)
-2-
1090