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HomeMy WebLinkAbout0052 . z z 9 z:c~~ jill_a: ~ z 0 cl-"~ ".~ . . La.>;u ... z . a:z2! blctt(> ~OzO .JI-z~ _I-co ~Co~ 3 ~.. . . ORDINANCE NO. 52. /I~ s d2 1 AN ORDINAECE OF ~HE BOARD OF TRUSTEES OF THE CITY OF ARCADIA PROVIDING FOR THE ISSUANCE OF BONDS OF THE CITY OP ARCADIA 2 AUTHORIZED AT A SPECIAL IiUJHCIPAL ELECTION HELD IN SAID CITY OF ARCADIA ON rHE 2a~d. DAY OF SEPT~~ER, 1914, IN THE STIll OF 0131,25 .00 3 FOR ~HE PURpO SE OF THE ACQUISITION, CONSTRUCTION AND COMPLETION BY SAID CITY OF ARCADIA OF A CERTAIN REVENUE-PRODUCING MUNICIPAL 4 IMPROVE11E~TT AND ALSO IN THE SUM OF 0150,000.00 FOR THE PURPCSE OF THE ACCUISIrION, CONSTRUCTION AND C~LETION BY S!ID CITY OF AR- 5 CADIA OF A OERTAIN MUNICIPAL IMPROVEUENT AND REPEALING ORDINANCE NO. 47 OF SAID CITY OF ARCADIA, EnTITLED, "AN ORDINA~TCE PROVIDING 6 FOR THE ISSUANCE OF BONDS OF THE CITY OF ARCADIA, AUTHORIZED AT A SPECIAL I.IUNICIPAL ELECTION HELD Ii: SAID CITY OF ARCADIA ON THE 22n". 7 DAY OF SEPT~iBER, 1914, IN THE SUl! OF $131,250.00 FOR THE PURPOSE OF THE ACCUISITIOH, COHSTRUCTION AND CQ;lPLETION BY SAID CITY 011' 8 ARCADIA OF 11 CERTAIN REVENUE-PRODUCIITG laJNICIPAL ILlPROVEllENT AND AL~O IN THE sm; OF $150,000.00 b'OR THE PURPOSE OF THE ACQUISITION, 9 CONSTRUCTIon AiID COUPLETImJ BY SAID CITY OF ARC' DIA OF A C1!.RTAHr lroNICIPAL Il11PHOVEllENT"', ADOPTED OCTOBER 15, 1914. 10 11 vmEREAS, the Board of Trustees of said City of Arcadia at a regular ad~ourned meeting of said Board, held on the 1st. day 12 of August, 1914, by a vote of mo~ than tvo-thirds of its members, 13 duly passed and adopted a Resolution determining that the public 14 interest and necessity demand the acquisition, construction and 15 completion by said City of Arcadia of a certain revenue-producing 16 municipal improvement, to-wit: 17 18 Vater worke for developing, supplying and distributing water for domestic, irrigation and other purposes to said City of 19 Aroadia and ~he inhabitants thereof; including the acquisition of 20 lands, water rights, rights of way, pumping plant, machinery, ap- 21 22 paratus and other property necessary therefor and ~lso inoluding in oonjunction with said water works, the acquisition, construotio 23 and oompletion of a well or wells, reservoir or reservoirs, pipes, 24 pipe lines, ~ater mains, conduits, laterals, meters" fire plugs, 25 and other wo]'ks neoessary therefo~; and that the estimated oost of 26 27 the same is t!131,250.00, and 28 \/HEREAS, said Resoluti on was approved by the Presi dent 29 of the Board of Trustees of said City of Arcadia and attested by 30 the City Clex~ of said City o~ the 1st. day of August, 1914, and 31 ~mEREAS, the said Board of Trustees did thereafter, at 32 ito reguJ.e.r n:.eeting held on the 3rd. day of September, 1914, by ~1- c AC.e.{/V1..~VY1-~..t' Y20. S'OZ.- , 7 The proposition of incurring an indebtedness and issuing 8 bonds in the BUm of $131,250.00 for the acquisition, construotion Q and completion by said City of Arcadia of a certain revenue-pro- 10 ducing. municipal improvement , to-wit: 11 \later works for developing, supplying and distributing 12 water for domestic, irrigation and other purposes to said City of . . z g 13 Arcadia and the inhabitants thereof.. including the aoquisition of z~~i ~4Jl:a: Q~=g 14 lands, water rights, rights of way, pumping plant, machinery, ap- .4: m; I&.~~o ~~g! 15 paratus and other property necessary therefor and also including I&JO:~> 1-0Z~ ~S5~ 16 in conjunotion with aaid water i7orks, the acquisition, construotion ~ a::E : 17 and completion of a well or wella, reservoir or reservoirs, pipes, 18 pipe lines, water mains, oonduits, laterals,"meters, fire plugs lQ and other works necessary therefor. 20 ALSO, the p00position of incurring an indebtedness and 21 issuing bonda in the sum of $150.000.00 for the acquisition, con- 22 struction and completion by said City of Arcadia of a eertain mun- , 23 icipal improvement, to-wit: 24 Grading and oil macadamizing Santa Anita Avenue in said 25 City of Arcadia from the Southerly line of Uhite Qak Avenue to the 26 Northerly line of Azusa Road and construoting cement gutters and 27 concrete curbing along each line of the roadway of said Santa 28 Anita. Avenue from the Southerly line of Ualnut Avenue to the l'lorth- 2Q erly line of Azuaa Road and grading and oil-macadamizing the fol~ 30 louing streets in said City of Arcadia: Baldwin Avenue from the 31 Northerly line of The Atchison, Topeka and Santa Fe Rai$ray Com- 32 pany's Right of \my to the Southerly line of \fuite Oak Avenue; -2- () .J1..c.e../Vi~1/U /1.0. C '{;L., 5 6 7 8 9 10 11 12 0 . z . 9 13 Z35! . Z ='jltlr Q...~g 14 ".~ . C LI.)o;;:u a:~~! 15 Ida::~> ....OZO .Jt-z~ 16 1It"'.0 "ul; ~ : . 17 c 18 19 20 21 22 1 ~irst Avenue from the Southerly line of Haven Avenue to the North- 2 erly line of Duarte Road; Falling Leaf Avenue from the Easterly 3 line of Santa Anita Avenue to the Easterly boundary 'line of said 4 City of Arcadia; Huntington Drive from the Uesterly boundary line of said City 0 f Arcadia to the Uesterly line of Santa Ani ta. Avenue Second Avenue from the Southerly line of Duarte Road to the North- erly line of Azusa Road; Eighth Avenue from the Northerly line of VaLnett Avenue North to the City limits; Sixth Avenue from the Northerly line of \Ialnut Avenue North to the city limits; L'ourth Avenue from the Northerly line of Valnett Avenue to the Southerly line of Duarte Road; Duarte Road from the Easterly line of Banta Anita Avenue East to the City limits; Valnett Avenue from the East erly line of Santa Anita Avenue to the Vesterly line of Eighth Avenue; and \lalnut Avenue from the Easterly line of El Ilonte Ave- nue to the ryesterly line of Sixth Avenue. except such portion of said streetl3 proposed' to be improved as is required by law to be 23 kept in order or repair by any person. firm or corporation having or maintain~ng railroaa tracks thereon; and that the estimated cost of the same ia 0150.000.00. and said Ordinance was approved by the Presldent of the Board of Trustees of said City of Arcadia and attestet:. by the City Clerk of said City on the said 3rd. day of September. 1914. and said Ordinance was thereafter duly posted by said Cit;r Clerk in at least th?ee public places in said City 24 of Arcadia for tcro succeeding woeks next before the date of said 25 special municipal election. and 26 \TIIEREAS . such special municipal election was held on 27 the 22nd. day of' September. 1914. as provided by said Ordinance calling the same and by law ,for holding municipal elections in said City, and each of said p: opositions of incurring a bonded inuebtedness hereinbefore mentioned. received more than t~o-thirds 28 29 30 31 of the votes of the qualified voters uoting at such special muni- 32 cipal election. and -:3~ OAC~cvn(O" rio, 5'::2.- 1 2 3 4 5 6 7 8 9 10 11 12 . . z 9 13 z~~~ ~~~~ 14 c.....~ 4m~ . 4 1a.>:;:U a:~2! 15 lI.Ia::~;. .f-O~~ .J....zz 16 C[t-co 40 :Ii ~ : 17 . 4 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 .--- I/EEREAS, all and singular the pr'ovisions of an Act of the Legislature of the State of California, entitled "An Act Au- thorizing the Incurring of Indebtedness by Cities. Towns and liun- icipal CorIlorations fot: Municipal Improvements and regulating thG AcquisitioL, Construction or Completion thereof", which became a law February 25, 1901, and the Acts amendatory thereof and supple- mentary thereto, and the laws of the State of California, gowernin cities of the sixth class and of the Ordinances of said City, have been 1'l111y complied VIi. th so as to authorize the issue of s aid bond . NOrr THERE]'ORE, the Board of Trustees of the City of Ar- cadia do ordain as follows: SECTION 1: That bonds of said City of Aroadia in the sum oZ 0131,250.00 be issued in accordance with the provisions of ani Aot of 'the Legislature of the state of California, entitled. .---- "An Act Aut~orizing the Incurring of Indebtedness by Cities, Touns and llunicipal Corporations for llunicipal Improvements and regulat- ing the AC~lisition. Construction or Completion thereof", whioh became a la~ February 25, 1901, and all Acta or parts of Acts amendatory thereof or supplementary thereto and TIith the laws of said state of California for cities of the sixth class and with the Ordinances of said City, for the purpose of the aoquisition, oonstruction and completion by said City of Arcadia of a certain revenue-pro~ucing municipal improvement, to-uit: ~ater uorks for developing, supplying and distributing uater for domestic, irrigation and other purposes to said City of Arcadia and the inhabitants thereof; including the acquisition of lands, water rights, rights of ~ay, pumping plant, machinery, ap- paratus and other property necessary therefor and also including in conjunction with said water works, the aoquisition. construc- tion and completion of a well or wells, reservoi~ or reservoirs, pipes, pipe lines, water mains, conduits, laterals, meters, fire plugs and other works neces13ary therefor. -4- ()d~1lj! l'Zo. 5~ o . z 9 z:t~~ jCl:.a: 0-'.0 I- .. ~ "c~ ..:>-~~ a:~~c' l.JJb:~;: 1-0Z0 ..JI-z~ c(~~o ~ .:l; . . . 1 That oaid bonds shall be 280 in number; that they sha1 2 be designated as "Arcadia TIater Bonds, 1914" and shall be numbered 3 from 1 to 280, both inolusive; that 245 of said Donds, numbered 4 from 1 to 245, both inclusive, shall be iSBuee in the denomination 5 0 f (l500.00 each, and 35 of said bonds, numbered from 246 to 280, 6 both inclusive, shall be issued in the denomination of 0250.00 eac ; 7 that the principal and interest thereof shall be payable in lawful 8 money of the United States; that said bonds shall be dated Decembe Q I, 1914, and bear interest at the rate of five and one-half per 10 cent per anzmm, payable semi-annually on the 1st. day of June and 11 the 1st. day of December of each and every year; that the principa 12 and interest thereof shall be payable at the office of the City 13 Treasurer of the City of ~rcadia, in the City of Arcadia, Califor- 14 nia, or at the banking hOlls e of :U:o:::-t:..e 3TC'-4::1"Arc 15 in the City of Neu York, State of Neu York, at the option of the 16 holder of said bonde, in the follouing manner, to-v. it: 17 Said 245 bondS, numbered from 1 to 245, both inclusive, 18 shall be payable as folIous: lQ Bonds number 1 to 7, both inclusive, on December I, 19 9; 20 Bonds number 8 to 14, both inclusive, on December I, . 21 1920; 22 23 1921; Bonds Number 15 to 21, both inclusive, on December I, Bonds number 22 to 28, both inclusive. on December I, 24 1922; 25 26 1923; Bonds number 29 to 35, both inclusive, an December I, Bonds number 36 to 42, both inclusive, on December I, 27 1924; 30nds number 43 to 49, both inclusive, on December 1. 28 2Q 1925; Bonds number 50 to 56, both inclusive, on December 1. 30 31 32 1927; 1926; Bonds number 57 to 63. both inclueive, on December I, -5- ()~ {/Zo. ,l');:;L . . z g 13 z:t~~ :):5ll:~ CI-:~14 . c[ rD ~ Ia.>~u a:~2. 15 wa::!l> ...ozo .J I- z ~ 16 011-00 ...~ ~ :... : 17 ~ ...-" '--'"'- 1 Bonds number 64 to 70. both inclusive. on December 1. 1928; Bonds number 71 to 77. both inclusive. on December 1. 1929; Bonds number 78 to 84. both inclusive. on December 1. 1930; Bonds number 85 to 91. both inclusive. on December 1. 1931; Bonda number 92 to 98, both inclusive. on December 1. 1932; Bondi! number 99 to 105. both inclusive, on December 1,1933; BondI! number 106 to 112, both inclusive, on December 1,1934 2 3 4 5 6 7 8 Bonde number 113 to 119, both inolusive. on Deoember 1,1935 Bonde number 120 to 126, both ino1usive, on December 1,1936 Bonde number 127 to 133, both inclusive. on December 1,1937 9 10 11 Bonds number 134 to 140. both inclusive, on December 1.1938 12 Bonds number 141 to 147. both inclusive, on December 1,1939 Bonds number 148 to 154. both inclusive. on December 1.1940 Bonde number 155 to 161. both inclusive. on December 1,1941 Bonde number 162 to 168, both inclusive, on December 1,1942 Bonde number 169 to 175. both inclusive. on December 1.1943 Bonde number 176 to 182, both inclusive. on Deceillber 1,1944 18 Bonds number 183 to 189. both inclueive. on December 1.1945 19 Bonde number 190 to 196. both inclusive. on December 1.1946 20 Bonds number 197 to 203. both inclusive. on December 1,1947 21 Bonds number 204 to 210, both inclusive. on December 1.1948 22 23 honde number 211 to 217. both inclusive, on December 1.1949 Bonde number 218 to 224. both inclusive. on December 1,1930 Bonde number 225 to 231. both inclusive. on December 1.1951 Bonds number 232.to 238. both inclusive, on December 1,1952 Bonds numoer 239 to 245. both inclusive. on December 1,1953 24 25 26 27 and said 35 bonda. numbered from 246 to 280. both inclusive. shall 28 be payable as follows: Bond number 246 on December I, 1919; 29 30 31 Bond number 247 on December 1. 1920; hond number 248 on December I, 1921; Bond number 249 on December 1, 1922; 32 -6- od~~ no. 5;;;;L 1 Bond number 250 on December 1. 1923: 2 Bond number 251 on December 1. 1924; 3 Bond number 252 on December 1. 1925; 4 Bond number 253 on December 1. 1926; 5 Bond number 254 on December 1. 1927; 6 B :md number 256 on DecembeJ." 1. 1928; 7 B:md numbeJ." 256 on December 1. 1929 : 8 Bond number 257 on December 1. 1930; g BJnd number 258 on December 1. 1931; 10 Bond number 259 on December 1. 1932; 11 BJnd number 260 on December 1. 1933; 12 B,jnd number 261 on December 1. 1934; 0 . ~ 9 13 Bond numbeJ." 262 on December 1. 1935; ii!:3:~i ~ c( It II: 0"'1:0 14 Bond number 263 on December 1. 1936; >- . . c(lD:i , C lI.>;:o tI:~~! 15 Bond numbeJ." 264 on vecember 1. 1937; laIa:!;;:> ~OzO ..J"'lI:~ 16 Bond number 265 December 1. 1938; 11:::I:"'010 on cu:!; ~ : . 17 Bond number 266 December 1. 1939; C on 18 Bond number 267 on December 1. 1940: 19 Bond number 268 on December 1. 1941; 20 Bond numbeJ." 269 on December 1. 1942; 21 Bond number 270 on December 1. 1943; 22 Bond number 271 on December 1. 1944; 23 Bond numbeJ." 272 on December 1. 1945; 24 Bond number 273 on December 1. 1946; 25 Bond number 274 on December 1. 1947; 26 Bond number 275 December 1. 1948; on 27 Bond number 276 on December 1. 1949; 28 Bond number 277 on December 1. 1950; 29 Bond number 278 on December 1. 1951: 30 Bond number 279 on December 1. 1952; 31 Bond number 280 on DecembeJ." 1. 1953; 32 substantially in the follo:ling form. to- and said bonda shall be -7- Od~~/7.0.oz- i7it. ~Io. . 1 UIUTED STATES OF A1IERICA. 2 STATE OF CALIFORNIA. 3 CC~ITY OF LOS ANGELES. 4 CITY OF ARCADIA. 5 ARCADIA \!ATER BONDS, 1914. 6 $ . Arcadia, California, December 1, 1914. 7 8 On the 1st. day of ~ecember, A. D. (year of mat 9 urity), the City of Arcadia uill pay to the bearer af the office of the City Treasurer of said City of Arcadia, in the City of Ar- 10 cadia, California, or at the banking house of Kount~Brothers, in 11 the City of ~e~ York, State of Neu York, at tho option of the hold- 12 er hereof, the sum of $ 13 . . z 9 z~~~ j~:~ ct-c~ . <It m ~ b.>~u .... . a:zS!~ wa:!(> ....OZO .J t- z ~ 16 _"'co ....cu~ ~ :.. . c with interest thereon at the rat of five and one-half (~2) per cent per annum, payable semi-annually 14 on the 1st. day of June and the 1st. day of December of each year, 15 t the office of the City Treasurer of said City of Arcadia, in the City of Arcadia, California, or at the banking house of KountzsBro- 17 in the City of Neu York, ~tate of lieu York, at the option 18 19 holder hereof, upon the presentation and surrender of the interest coupons hereto attached. Principal and interest payable 20 in lauful mOJ:ey 0 f the United States. 21 22 This bond is issued in pursuance of the ~ovisions of an 23 ct of the Legislature of the State of California uhi ch became a 24 au February 25, 1901 and all amendments thereto, authorizing the oncurring of indebtednese by cities for municipal improvements. 25 26 It is further oertified teat all requirements of the Con- 27 ti tution and laus of the State of California and all ordinanoes 28 f said City of Aroadia, have been fully complied with by the pro- 29 er offioeTs in the issuing of this bond; that tr~s issue of bonds 30 s been authorized by the vote of tuo-thirds of the duly qualified 31 lectors of s/lid oity votin7 at th..J special eleotion duly ar>d. ree- 32 llarly called and held in said City on the 22nd. day of Septolliber, 914, at which the proposition of authorizing this issuo of bonds. -8- O~/Vl'<:" /Zo. 5'2... 12 . . ~ . 13 " ~:l~~ ;:)..r.a: o..Jzo 14 I- .. ~ ".~ , c I.i.>-;o 1I~~oi 15 wa:!j:> I-OzO ..JI-z~ 18 III:tl-cQ C .:E ~ ~ . 17 C 18 19 28 29 30 31 32 1 was submitted. and that the total amount of this issue. togethe~ 2 \"lith all other indebtedness of said City. do es not e~tceed the lim- 3 it prescribed by the Constitution and laws of the State of Califor 4 nia; that before or at the time of incurring the _indebtedness 5 evidenced hereby prouision has beon made for the collection of an 8 annual tax sufficient to pay the interest on such indebtedness as 7 it falls due, and also provision to constitute a sinking fund for 8 the payment of the principal thereof on or before maturity. II IN rlITNESS liHEREOF. the Oi ty of Arcadia has caused t hie 10 bond to be signed by the Executive of said municipality. to-wit: 11 ~he Preside~t of the Board of Trustees of said City and also by th Treasurer of said City. and to be countersigned by the Clerk of said City and the corporate seal of said City to be affixed there- to and said City has aleo caused the coupons hereto attached to be numbered consecutively and signed by the Treasurer of said City of Arcadia. President of the Board of Trustees of the City of Arcadia. 20 Treasurer of the City of Arcadia. 21 22 23 Countersigned. 24 City Clerk of the City of ~rcadia. 25 That interest coupons shall be attached to each of said 280 bonds reprasenting each installment of interest accruing on such bonds up to .he maturity thereof. uhich said coupons shall be substantially in the fol1ouing form. to-uit: 28 27 No. ----------- I,P ( Amount) On the 1st. day of (month of maturity). A. D. (year of maturity), the City of Arcadia promises -9- CJ~ na, 5~ 1 to pay to the bearer at the office of the City Treasurer of the 2 City of Aro!~dia. in the City of Arcadia, California. or at the 3 banking houo e 0 f ~ou.::.tze :3i.~t:. ,3j.""B in the 4 City of New York. State of New York, at the option of the holder 5 hereof. the sum of \1 . (amount of interest.) in 6 lawful money of the United States. for semi-annual interest due 7 on "Arcadia IJater Bond. 1914". No. 8 ooupon is attached). Q (Number of bond to whic 11 ~reasurer of the i y of rca ia. SECTION 2: That bonds of said City of Arcadia in the 10 sum of $150.000.00 be issued in aocordance with the provisions of 12 ~ an Act of the Legislature of the ~tate of California, entitled, z 9 13 z~~i J C . . "An Act Authorizing the incurring of Indebtedness by Cities, '.cOVlnS. 0".014 ~~:; ~~~~ and MuniCipal Corporations for llunioipal Improvements and regulat- a:~2~ 15 blte!( > I-OZO ing the Acquisition. Construction or Completion thereof", whioh .J~2~ 16 _I-co _oC(u~ ~ a beoame a law February 25, 1901. and all Acts or parts of Acts amen- : 17 datory thereof or supplementary thereto, and with the laws of said 18 State of California for cities of the sixth class and with the 1Q Ordinances of said City, for the purpose of the aoquisition. oon- 20 struotion ani completion by said City of Arcadia of a oertain mun- 21 22 ioipal impro'vement. to-wit: 23 Gr.ldiI13 and oil-macadamizing Santa Anita Avenue in said 24 City of Arca.iia from the Southerly line of Uhite Oak Avenue to the 25 Northerly line of Azusa Road and oonstructing oement gutters and 26 concrete cur~ing along each line of the roadway of said Santa An- 27 ita Avenue from the Southerly line of Ualnut Avenue to the NOl'th- 28 erly line of Azusa Road and grading and oil-maoadamizing the ,fol- 2Q lowing streets in said City of Arcadia: Bald\7in Avenue from the 30 Northerly line of The Atohison, ~opeka and Santa Fe Rail17ay Com- 31 pany's Hight of Uay to the Southerly line of TIllite Oak Avenue; 32 First Avenue from the Southerly line of Haven Avenue to the North- -10- , O /J /1-0. ..5';;z... ~.u 1 2 3 4 5 6 7 8 g 10 11 12 0 . z ;; 13 " Z3:~~ :)ClI:lIl: -' .0 14 c"'oC~ <m~ . " LI.>;:o a:Zg~ 15 Idl%!(> ...OZO .JI-z~ 16 C(I-co <":& 3 ~ 17 . " 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 erly line of Duarte Road; Falling Leaf Avenue from the Easterly line of ~alna Anita Avenue to the Easterly boundary line of said City of Arcadia; Huntington Drive from the ~esterly boundary line of oaid C11;y of Arcadia to "the Uesterly line of Santa Anita Avenue; Second Avenue from the Southerly line of Duarte Road to the Noxth- erly line of Azu~a Road; Eighth Avenue from the Northerly line of Valnett Avenue North to the City limits; Sixth Avenue from the Northerly line of Ualnut Avenue Borth to the City limits; Fourth Avenue fronl the Northerly line of Valnett Avenue to the Southerly "'- line of Duarte Road; Duarte Road from the Easterly line of Santa Anita Avenue East to the City limits; Valnett Avenue from the East erly line of Santa Anita Avenue to the \Jesterly line of Eighth Avenue; and ~alnut Avenue from the masterly line of El Uonte Ave. nue to the Uesterly line of Sixth Avenue, except ,such portion o~ said streets proposed to be improved as is required by law to be , kept in ordex or repair by any person, firm or corporation having or maintaining railroad tracks thereon. That said bonds shall be 320 in number; that they shall be designated ae "ircadia Street Bonds, 1914" and shall be num- both bered from 1 to 320/1nclusi ve; that 280 of said bonde, numbered from 1 to 230, both inclusive, shall be issued in the denominatio of $500.00 eaoh, and 40 of said bonds, numbered from 28~ to 320, both inolusive, shall be issued in the denomination of $250.00 each; that the principal and interest thereof shall be payable iu lawful money of the United ~tatesl that said bondS shall be dated December 1, 1914, and bear interest at the rate of five and one- half per cent, per annum; payable semi-annually on "the 1st. day of June and the 1st. day of December of each and every year; that the principal and interest thereof shall De payable at the offioe of the City Treasurer of the City of Arcadia, in the City of Ar- cadia, Cali::ornia, or at the banking house of .c:: - ;.,t."., Brctr3~Z , in the\fity of New York, State of Neu- -11- CJ~ /1..0, 5::2-- 1 York. at the option of the holder of said bonds. in the following 2 manner. to-~~t: 3 Sa.id 280 bonds. numbered from 1 to 280. both inclusive. 4 shall be payable as follows: . . z 9 13 z~~~ ::tj:g 14 Q.-..~ . Cl: m ~ Ia.)oo~o l[~2! 15 wrr::~> t-ozo .....- z ~ 16 ..0-.0 .. u ~ ~ ~ 01; : 17 5 6 7 8 Q 10 11 12 18 1Q 20 21 22 23 24 25 26 27 28 2Q 30 31 32 Bonds number 1 to 7. both inclusive. on Decembe? 1. 1915; Bonds number 8 to 14. both inclusive. on Decembe? 1. 1916; Bonds number 15 to 21. both inclusive. on December 1. 1917; Bonds number 22 to 28. both inclusive. on December 1. 1918; Bonds number 29 to 35. both inclusive. on December 1. 1919; Bonds nnrobe? 36 to 42. both inclusive, on December 1. 1920; Bonds number 43 to 49. both inclusive. on December 1. 1921; Bonds number 50 to 56, both inclusive, on December 1. 1922; Bonds n~mber 57 to 63, both inclusive, on December 1. 1923; Bonds numbe? 64 to 70, both inclusive, on December 1. 19~4; Bonds n~mber 71 to 77. both inclusive, on December 1. 1925; Bonds number 78 to 84, both inclusive. on December 1. 1926; Bonds number 85 to 91, both inclusive. on December 1, 1927; Bonds number 92 to 98. both inclusive, on Decembe? 1, 1928; Bonds number 99 to 105. both inclusive, on December 1. 1929; Bonds number 106 to 112, both inclusive. on December 1, 1930; Bonds number 113 to 119. both inclusive. on December 1, 1931; Bonds number 120 to 126. both inclusive, on December 1, 1932; Bonds number 127 to 133, both inclusive, on December 1, 1933; Bonds number 134 to 140, both inclusive. on December 1. 1934; Bonds ntunber 141 to 147, both inclusive, on December 1. 1935; Bonds nt~ber 148 to 154, both inclusive, on December 1. 1936; Bonde nt~ber 155 to 161. both inclusive, on December 1, 1937; Bonds n~mber 162 to 168. both inclusive. on December 1. 1938; Bonds number 169 to 175, both inclusive. on December 1, 1939; Bonds nu,mber 176 to 182, both inclusive. on December 1. 1940; Bonds nu,mber 183 to 189, both inclusive, on December 1. 1941; Bonds number 190 to 196. both inclusive. on Decembex 1, 1942; -12- OdVJ-t.CVnCc.. /?b, .6.;;2..- 1 2 3 4 5 6 7 8 g 10 11 12 o . z 9 13 and z~~i :;)ClI!a: 0-'.014 t-" ~ . <I: m ~ ~)-;:u a:~2!15 1IIG:!c> ....OZO .J I- z ~ 16 _I-co .... C o~ ~ ~ c : 17 18 19 20 21 22 23 24 25 26 27 28 2g 30 31 32 Bonde number 197 to 203. both inclusive. on December 1. 194 ; Bonds number 204 to 210. both inclusive. on December 1. 1944; Bonds number 211 to 217. both inclusive. on December 1. 1945; Bonds number 218 to 224. both inclusive. on necember 1. 1946; Bonds number 225 to 231. both inclusive. on December 1. 1947; Bonds number 232 to 238. both inclusive. on December 1. 1948; Bonde number 239 to 245. both inclusive. on December I, 1949; Bonds number 246 to 252. both inclusive. on ~ecember 1. 1950; Bonds number 253 to 259. both inclusive. on December 1. 1951; Bonds number 260 to 266. both inclusive. on December 1. 1952; Bonds number 267 to 273. both in clusive. on December 1. 195 ; Bonds number 274 to 280. both inclusive. on December 1. 1954; Said 40 bonds. numbered from 281 to 320. both inclusive, sha be payable as follovs: Bond number 281 on Decembor 1, 1915; Bond number 282 on December 1, 1916; Bond number 283 on December 1, 1917; Bond number 284 on December 1. 1918; Bond number 285 on December 1. 1919; Bond number 286 on December I, 1920; Bond number 287 on December 1. 1921; Bond number 288 on December 1, 1922; Bond number 289 on December 1 1923; Bond n~mber 290 on December 1. 1924; Bond rulmber 291 on December 1. 1925; Bond number 292 on December 1. 1926; Bond number 293 on December 1. 1927; Bond IDlmber 294 on December 1, 1928; Bond number 295 on Dece~er 1. 1929; Bond number 296 on December 1, 1930; Bond number 297 on December 1, 1931; -1:3- o~~ ~,5i. . 1 Bond number 298 on December 1, 1932; 2 Bond numbel' 299 on J)ecember 1, 1933; 3 Bond number 300 on Decambel' 1, 1934; 4 Bond number 301 on December I, 1935; 5 Bond number 302 on Deoember I, 1936; 6 Bond number 303 on December I, 1937; 7 Bond number 304 on December 1, 1938; 8 Bond number 305 on Decembe:i." 1, 1939 ; 9 Bond numbe r 306 on December I, 1940; 10 Bond numb er 307 on .!Jecember 1, 1941; 11 B:>nd numbe? 308 on December 1, 1942; 12 Bond number 309 on December 1. 1943; . . z ;; 13 " Bond numbe:;: 310 on December 1, 1944; Z3;:! mz ::::)Ca:a: o..Jzo 14 Bond number 311 December I, 1945; t- . ~ on crlD::i . c k.>~u .... . 15 Bond number 312 December 1, 1946; a::zgc on bllX!c> ~OzO ..JI-z~ 16 Bond numbe:;: 313 December 1, 1947; <<l-co on co:!; 3: : I 17 Bond number 314 December 1, 1948; c on 18 Bond number 315 on December 1, 1949 ; 19 Bona. numbe:i." 316 on December 1, 1950; 20 Bond number 3i7 on December 1, 1951; 21 Bond number 318 on December 1, 1952; 22 Bond number 319 on December 1, 1953; 23 Bond number 320 on December 1, 1954; 24 and said bonds shall be substantially in the following form, t 0- 25 \n. t: 26 Ho. . 27 U1IITED STATES OF AllERICA. 28 STATE OF CALIFO~NIA. 29 COUli~Y OF LOS ANGELES. 30 CITY OJ!' ARCADIA. 31 ARCADIA STREET BONDS, 1914. .... Arcadia, California, December I, 1914. 32 OJ -l{- O'vtdvnL-vnd /10. ,S' ,_/'-' --- 1 On the 1st. day of December, A. D. (year of 2 )tlaturity), the City of Arcadia will pay ~o the. bearer at the of- 3 fice of the City Treasurer of said City 9f Arcadia, in the City of 4 Arcadia, Ca:ifornia, or at ohe banking house of Kountze Brothers, 5 in the City of New York, state of New York, at the option of the 6 holder herec.f, the sum of ~ , with interest thereon 7 at the rate of five and one-half (~) per cent:per annum, payable 8 semi-annually, on the 1st. day of June aJ;ld the ,1st. day of Decem- 9 ber of each year, at the office of the City Treasurer of said City 10 of Arcadia, in the City of Arcadia, California, or at the banking 11 house of Kountze Brothers. in the City of New Yqrk. State of New, 12 York, at the option of the holder hereof, upon.the presentation and . . z ~ z 3 ~.i ::Jj~g ct-c~ . Cl: m ~ Ia.>~o a: i 2:! 15 k1a:!;> ....oz:o .JI-z~ _"'co _c(u.. :c ~ c . . , . 13 surrender of the interest coupons hereto ,attached. Principal and 14 interest payable in lawful money of the ~nited States. This bond is issued in pursuance of ~he provisions of an 16 Act o'f the Legislature of the State 0 f California \7hich became a 17 law February 25. 1901, and all amendments thereto. author~zing' the 18 incurring of indebtedness by cities for municipal impro~ements. 19 ,- It is further certified ,that all requirements of the Con- 20 stitution and iaws of the State of California' and all ordinances ,21 of said City of Arcadia. have been fully complied with by the pro- 22 per officers in the issuing of this bon~; that 'this issue of bonds 23 has been authorized by the vote of two-thirds of the duly qualified 24 electors of said city voting at the special election duly and 25 reguJ;arly called and held in said City on the 22nd day of Septem- 26 er, 1914, a.t which the proposition of authorizing this issue of 27 bonds was submitted, and that the total amount of this issue, to- 28 gether with all other indebtedness of said City. does not exceed 29 the limit prl3scribed by the Constitution and laws of the State of 30 California; that before or at the time of incurring the indebted- 31 ness evidenced hereby provision has been mde for the collection 32 of an annual tax sufficient to pay the int erest on such indebted- ness as it falls due, and also provision to constitute a sinking -15- O~ /UJ,5-:0- F' 1 fund for thl9 payment of the pl'inoipal the'reof on or before maturi t;jl 0 2 DI \7ITNESS ','fHBREOF, the City of Arcadia has caused this 3 bond to be signed by the Exeoutive of said municipality, to-wit: 4 The President of the Board of Trustees of said City and also by the 5 Treasurer o~ said City, ana. to 10 e countersigned by the Clerk of 6 said City and the corpo:ra.te seal of said City to be affixed there- 7 to and said City has also caused the coupons hereto attached to be 8 numbered conseoutively and signed by the Treasurer of said Uity II of Arcadia. 10 President of the Board of Trustees of the City of Arcadia. 11 12 . z z 9 13 Treasurer of the City of 1l.roadfa.. z~~i jlll(lIl:lE c~~~ 14 Countersigned. . ct III ~ La.>;o ~~~oi15 wa:~> ...ozo .J'" I: ~ 16 ..~ ~11 City Clerk of the Ci'ty of Arcadia. ~ ~ or;; : 17 18 ~hat interest coupons shall be attaohed to each of said 111 320 bonds representing each installment of interest aocruing on 20 said bonds up to the maturity thereof, whioh said ooupons shall 21 be substantially in the following form, to-t7i t: 22 23 :ill ITo.---------- ( Amount) On the 1st. day of (month of maturity), ____,(year of maturity), the City of Arcadia promises 24 25 A. D. 26 to pay to the bearer at the office of the City Treasurer of 'the 27 City of Arcadia, in the City of Aroadia, ~tate of California, or 28 at the banking house of Xountze Brothers 211 in the City of Net7 York, titate of Hew York, at the option of the 30 holder hereof, the sum of :;? (amount of interest), in 31 lawful money of the United States, for semi-annual interest due on 32 "Arcadia Street Bond, 1914", No. , (number of bond to whio coupon is attached.) ..LI'~eaeurer -10- or 'the Ui'ty or Arcadia. CJ ~//nCVrz.cL /to. S~ o . z ~ 13 z~~i j"lll:lI:lt 0....1:014 !:=:i . - C t&.).~o a:~g~ 15 tJJD::~> ...OZO .J f-.. ~ 16 ct~~O ~ :::E I : 17 27 28 29 30 31 32 1 SECTION 3: That the President of the Board of Trustees 2 of said City of Arcadia and the City Treasurer of said City are 3 hereby authorized and directed to sign all of the said bonds, and 4 the City Clerk of said City is hereby authorized and directed to 5 oountersign said bonds and to affix the corporate seal of said Ci t 6 of Aroadia thereto and the City Treasurer of said City is hereby 7 authorized and directed to sign the interest coupons of said bonds 8 and said bo:uds shall be delivered by said City Clerk to said City 9 Treasurer in such amounts as the Board of Trustees of said City 10 may from ti~e to time determine; and said City Treasurer is here- 11 by authorized and directed to sign all of the interest coupons of said bonds by his lithographed or engraved signature. SECTIOH 4: That the p:-oceeds of the sale of said "[;.rca,(I.a Hater BondS, 1914" shall bo placed in the Treasury of said City to the credit of a fund to be knom as ".b.rcadia tJater Bonds, 1914, Fund", and 3hall be applied exclUSively to the purpose mentioned in this Ordinanoe, to-uit: the purpose of the acquisition, con- struction a:!l.d oompletion by said City of Aroadia of a certain rev- enua-producing municipal improvement, ta-m. t: 12 18 19 20 21 22 Hater uarks for developing, supplying and distributing water for domeatic, irrigation and other purposes to said City of Aroadia and the inhabitants thereof; il!-oluding the acquisition of lands, uaterrightB, rights of TIay, pumping plant, machinery, ap- paratus and other property necessary therefor and also inclUding in conjunction with said water works, the acquisition, conetruc- 23 24 25 26 tion and oo~pletion of a ue11 or uells, reservoir or reservoirs, pipes, pipe lines, uater mains, conduits, laterals, meters, fire plugs and other \"iorks necessary therefor. S,ECTION 5: Tha.t for the purpose of securing and provid- ing for the payment of the principal and interest of said "Arcadi \Jater BondS 1914", there is l:ereby oreated a fund to be knoun as "Aroadia Uater Bonde 1914, Interest and Sinking Fund". That all -1"- o~ ~ 120,~ " . z 9 z~;! ,"mz ~Cll:1r 0-',0 ~c~ _m... . ~ ~ ~>~u a:~2~ 1&Ia:~> ~OzO .JI-z~ ""'00 ~u~ ~ ~ 01: . . /or 1 tho money ~hich, f~om timo to ti~~, shell be placed in said fund, 2 shall be ani is hereby set Bra~t exclusivoly fo? the purpose e1 3 meetiug all sums comiu3 due fo~ principal and interest on all 01 4 '"he aforesaid n;l.rce.Cliu '.~ater Boms, 1914n uhich :.m.y be lSS"c'.eli unG-e' 5 t20 pxoceodinss horeilibofore recite~. That fo~ the PQr~oGe of 6 payins the principal and intereot of Gaid bondG, tho Board of ~rue 7 tees of said City shall. at the time 0:1' fixing the generc.l tax 8 levy and in tho ~nner for such general tax levy pxovide~, levy 9 and collect e,::mueJ.ly eacll year, a t3.x sufficlo:.lt to py tae in- 10 'Goi'eet on Such i;:'.clobtofuJ.::lsS BS it fallo due and also to consti t..lte 11 a sinJdns fund for tho p2.ywent. of the princif[il t:10re:of on 0:.' bc- 12 fore wa.turity. Said tSox sheJ.l be 1:.:. e,c16.ltion to all ot~e? ~axea 13 leviou foi" municipal purposes and shall be colloctod !::t the sume 14 time snd in the same rr~)1nor as otner ~utiici~~l taRes ar0 collected 15 ancl 10Ttlmi th as cOllectod" shall be turnec1 over tc and paid into 16 asia. "Arcadia I!ate:c Bonde. 1914. Int erest and Sinking Pund". and 17 be used 10i' no other PQrpose then the payment of said bonds and 18 accruin~ interest 0 19 SEC~IOI: 6: That the iF oceedc of the scla of baid "i..rcu;l";:. 20 street BondEl, 1914", shall bo placed in the Treaiilury of said City 21 to th:J c;;:,edit of_a fund to be lmo\.:Ll SE; "Arce,c1::.a Ctreet :lends, 191~, 22 ;;'und", =d shall bo appl::.ec1 e:,(:clusively to the purposes mer:tionoii 23 in this Ordinance. to-uit: ~he purpcse of the acquioition, coa- 24 Gtraction and completioc by Bald City of ~rca6ia cf a certain mun- 25 icipal improvement. to-uit: 26 Grading and oil-mac~daQizing Oanta ~ita avenue in Klid 27 City of Arcadia fi"o~ the Southerly line of t~ite Oak Avenue to 28 the Bortherly line of Azusu ....,'.;.d o.:'~d cO;lstructi:13 ca:!lcnt ::;utte;;:,s 29 and concrete curbi.r.g along aac<:. line or the Toad::l8.y of aid Sa.nta 30 Anita Avenue from the :3outherly line 01 '.:alnut Avenue to the l;oTth- 31 erly line of Azusa Road ana grading and oil-mac~damizing the fol- 32 louing st:ree'te in said City of Ji.rcadic.: Bald'i1in Jivenue iTom the -lE- Od~~ 110. 5:::u " . . z 9 13 z~~i j<ll:a: 0"'11:0 ~:~ ~)o;~ "'. . a:z~! 1.l.Ia:~> t-OzO .Jl-lI:~ _t-co ....Cl:u., ~ ~ Ill: . C " 1 TIo~therly line of ~he ~tchison, ~opaka and Santa Fe Railuay Com- 2 peony's Right of rIay to the Southe:rly line of r.'hi te Oak ..i.venue; 3 First Avenue from the Southerly line of Haven Avenue to the llo:rth- 4 erly line of Duarte Road; Palling Leaf Avenue f:rom the Baste~ly line of Santa Anita avenue to the Easterly boundary line of said Oity of ~:rcauiu; Huntington Drive from the ~esterly boundary line of said City of Arcadia to the ~esterly line of Santa Anita Avonue 5 6 7 8 Second Avenue from the Southerly line, of Duarte Roed to the llorth- Q erly line of Azusa Road; Eighth Avenue from the Northe:rly lino of 10 Valnett Avenue llorth to the City limits; Sixth Avev,ue from the 11 Northerly line.of ~alnut Avenuo ~o?th to the City limits; Fourth 12 Avenue from the llo:ctherly line ,of Valnettil.venue to the Southerly line of Dua,'te Road; :' ..tarte Road from the Easterly line of Santa 14 Anita AvenUE' East to the City limi":;a; Valnett Avenue from the 15 ~sterly line of Santa Anita llvenue to the l1esterly line of Eiehth 16 avenue; and ::alnut Avenue fl:'om the :&sterly line,of El LIonte Ave- 17 nue ~o the ;:esterly line of Sixth Avenue, except such portion of 18 said streets p;:oposed to be improved as is required by au to be lQ kept in order or repair by any person, firm or corporation having 20 or maintaining railroad tracks thereon. 21 SECTION 7: That for the purpose of securing and provtd- 22 ing for the payment of the princip3.1 and illterest of said "Arcadia 23 Street Bonds, 1914", there is hereby created a fuud to be knOITn as 24 "....rcadia. street Bonde, 1914, Interest and Sinking Fund", That 25 all tho money, ,:hich from tiTI:3 to time, shall be placed in aatd 26 fund. shall 'be and is hereby sot apart exclusively for the p-llrpose 27 of meeting all sums coming due for principal and interost on all 28 of the afore,said "Arcadia Street Bonds, 1914", nhich msy be issued 2Q under the proceedinGs hereinbefore recited. That fo:r the p~:rpose 30 of paying the principal and interest of said bonCi.s. the Board of 31 32 Trustees of Baid City shall, at the time 0:1' fixing the gcr.eral te.x levy, /lnll in the r:anner for such general tax levy p:rovi cled, '\ -1'J- D ~0u..e- /10, ,5 " z z: ~ 2;3~i jCCltlr Q....zo 14 ~~~ ..:>~~ a:~2~ bJa:!(> ...OZO ...I-II:~ ~I-co "CCUoe ~ ~JIC . C 1 lev,' and collect annually each ye3.'J: until such bonds are pe.i:1. or 2 until there Shall be a sum in the ~reasury of ~id City set apart 3 for that ];llll'pOse. S"Llffictent to cest all sums coming due for prin- 4 cipe.l and interest on such bonds. a tax sufficient to pay the 5 annual interest on such bonds. and also such part of the principal 6 thereof as ehall becoI:lB due before the time foJ." fixi.ng the next 7 general tax levy. Saia taxes chall be in addition to all other 8 taxes levied for municipal purposes and shall be collected at the 9 same time a~d in the same manner as other municipal taxes are col- 10 lected and forthwith as collected Shall be turned over to and paid 11 into said "Arcadia Street Bonds. 1914. InteTest and Sinking fund". 12 and be used for no other purpose than the payment of said bonds 13 and acoruing interest. SECTION 8: That Ordinance Eo. 47. entitled, "An Ordi- 15 n~nce providing for the iSEuance of bonds of the City of Arcadia. 16 authorized at a special municipal clectio;: held in said City of 17 Arcadia on the 22nd. day of September. 1914. in the sum of 18 ~131.250.00 for the purpooe of the acquisition, construction and 19 completion by sa id City of Arcadia of e. certain revenue-producinG' 20 municipal improvement and alco in the sum of ~150.000.00 for the 21 PU1'pose of the acquisition. construction alld completion b;l said 22 City of Arcadia 0 f a certain municipal impr ovemont". adop'ced on 23 the 15th. day 0 f October. 1914. and all ordinanc3:3 ant'l. parte of 24 ordinances in conflict herewith. be a.nd the same are hereby re- 25 pee.led. 26 SE~TICil 9: The City Clerk shall certif,v to the adoption 27 28 of this Ordinance a.nu sh~ll CDuse the same to be posted in ~t 1 C:lst three p"Llblic places in sa5.cl City of il.rcaCl.ia and tl:ereupol! and thereaft3r the same shall take effect aTIli be in force. 29 30 The foregoing Ordinance ~as ado~ted at a regula~ meet- 31 32 i~cr of the BJard of Trustoes of said City of il.rcadia. held ou the 4th. day of Jebruar~, 1915. by the affir~tive vote of at least o~ _~v_ . r1~~ /toO. C I / ) I .../ II 1 d?-ee ~ Trustees, to-uit: -""" ~ A~: ~Btf'"'' 3,~Q~ 2 (;j)d~, C?~~/ ~t~. day of FebTUary, 1915. 5 ane. signed and approv 6 Said Bo~' ~ Trustr.<)L; 13 regularly composed of five 8 Q 10 7 me~bers and C. .. Jillinga is t~'0 P:res:Ulout ':~':j.'eof. . . z ~ 13 z3~i :;)0 j; ~ ~~~ 14 ~)o::~ a: ~ 2:! 15 L1Ja:!(> .,.ozo .J I- z ~ 18 cdi ~.2 ~ ~ c : 17 '11 4 IlO E:3: Trust 6,12 PreBident ~.. T.~, . ~/U"~~ Ci Y Ie . 11 12 18 1Q 20 21 22 23 24 25 26 27 28 2Q 30 31 32 '! \. I -2J..~ o~ 11.0. / .' , , ...... --- ... ..--- , . '. :- ! _ 4 - 'I" ,111AI:C~ ~~C. 52. nO'!IDE;f} ~'OR THE ISSU1.:WL OF '"T'm"'" AI'D ClmR"""" BC'~'" ..l.1..i~ . t.. l p~.L. . J. ~u icED REPEALHlG CHDll!A.:'': -Te 47 . ' 1t. 0 ( ( ,- , \., \ I " "'-..:.., '-. r' .J . - I - , ., '-~ I