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RESOLUTION NO.519
IN THE MATTER OF ACQUISITION AND IMPROVEMENT DISTRICT
NO.1 OF THE CITY OF ARCADIA.
NOTICE OF HEARING UPON ISSUANCE OF BONDS FOR AN ACQUISITION.
NOTICE IS HEREBY GIVEN that, in the matter of acquisition
of public ways to be made in the above named district, a hearing will
be had at the hour of 8 o'clock P.M., on the 4th day of September,
1929, at the chambers of the City Council of the City of Arcadia,
State of California, under the provisions of Section 36 of the Ac-
quisition and Improvement Act of 1925, as amended for the purpose of
determining whether or not bonds of said ~istrict shall be issued
and sold in the sum of Six Thousand Two Hundred Seventy-eieht & 78/100,
($6,278.78) Dollars, to obtain the amount required to pay the Inter-
locutory Judgment in the action brought to condemn the property sought
to be taken, all costs and expenses chargeable to the plaintiff in
said action and all incidential expenses incurred in the proceeding
for the above named District, and of furnishing an opportunity to all
persons owning lands within said District, or otherwise interested,
and feeling aggrieved by any Act or determination done or had in these
proceedings for said District, or claiming that any of the previOUS
Acts, determinations or proceedings are irregular, defective, erron-
eous or faulty, or having any objections to offer or any reason to
advance why said bonds should nbt be issued and sold in said amount
and for said purposes, to appear before said legislatIve body and be
heard upon any of the above mentionedrnatters.
Said bonds will bear interest at a rate not to exceed eight
(8%) per cent per annum, payable semi-annually, and the aggregate prin-
cipal of all bonds issued shall be paid and discharged within fourteen
(14) years after the date of issuance, approximately one-twelfth (1/12)
part of such aggregate principal to be payable annually; the first
payment on the aggregate principal will be made three (3) years after
the lli suance thereof, and the first payment on the interest of said
bonds so issued to be made on the 2nd day of January, or the 2nd day
of July, (whichever month first succeeds the date of such bonds)
neKt succeeding one year after the date of such bonds.
Said bonds
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will not be sold for less than par and will be sold to the best re-
sponsible bidder for cash ther60r, consideration being given to the
rate of interest at which the bonds are offered, if any. A special
fund for the payment of said bonds will be constituted by the levy
of special assessment taxes upon the lands within the Assessment
District, according to the assessed value of said lands (exclusive
of the improvements thereon) and in accordance with the zones and
percentages as finally determined by this Counc 11 in its Resolution
of Intention adopted by said Council on the 16th day of May, 1928,
and in the above mentioned Act.
The attention of all persons interested is hereby directed
to the provisions of said Act and to the proceedings in the above
nAmed matter and district 9n file in the office of the Clerk of the
Council of the City of Abcadia.
G. G. MEADE
Clerk of the Council of the City of Arcad~
Publish Aug. 23-30.
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La w 01ftce
.f
Robert C. Wygant
1203-4-5
Cheater Williams
Building
LOS ANGELES
MUtual 7944
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RESOLUTION No.~/1
IN THE MATTER OF ACQUISITION AND IMPROVEMENT
DISTRICT NO. 1 OF THE CITY OF ARCADIA
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RESOLUTION FIXING TIMEF0R HEARING UPON ISSUANCE
OF BONDS FOR AN ACQUISITION
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WHEREAB, in the matter of Acquisition and Improvement
District No.1 of the City of Arradia, the court entered its
Interlocutory Judgment in the action broug~t to condemn the lands
sought to be acquired in said proceeding on the 29th day of July,
1929, said action being entitled "City of Arca,dia vs Lucretia M.
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Arnold, et al., Superior Court Case o. 255,223, and the ttorney
has filed a report with this City Council on the 21st day of
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August, 1929, setting forth the amounts necessary for the payment
of said Interlocutory Judgment and all costs and ~penses charge-
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able to the plaintiff therein and the amount of the incidental ex-
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penses of the proceeding, and
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WHEREAS, the total amount for which it is necessary that
bonds of the said Di$rict be issued and sold in order to complete
the acquisition described in the Resolution of Intention adopted
by this City vouncil in the hid proceeding on the 16th day of
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May, 1928"is the sum of Six Thousand Two Hundred Seventy-Eight &
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78/100,($6,278.78) Dollars, md it is the intention of this City
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Council to order that bonds of said District be issued and sold in
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said amount for said purposes;
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NOW, THEREFORE, BE IT RESOLVED by the Council of the City
of Arcadia, as follows, to-wit:
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That wednesday, the 4th day of sept,ember'A-at the
o'clock P.M., is the time, and the chambers of the City
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hour of 8
Counc 11 of
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he City of Arcadia, State of California, is the place hereby fixed
or a hearing upon the issuance of bonds in the total amount of Six
housand Two Hundred Seventy-Eight & 78/100,($6,278.78) Dollars
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agains t the lands in the AssessmeritDisyrict' ,in Acquisition and
Improvement .Dis 'trictNo., 1 'of, 'the bity ,of Arcadia, for the pur-
pos~ of obtaining.the amount required to;pat the Inte!_l~cutory
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Judgment. iri thed action br~Ught to c.ondemn. th'e property 'sought to
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be t'aken, all costs and expenses chargeable to thep1aintiff 'in'
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6 said action and all, incidenta\expen,ses : Incurred in.'the proceed-"
7 ings for the above nlimed 'District'anCl ~~r' the purpose of furn~sh-
8 ing an opportunity to ~ll personsowning'lands within said Dis-'
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9'triCt, ~ ~r other,v:ise interested,' :andfeelirig aggrieved, by anJ: Act
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io' or det~rmiria tion' done ',oX' made. in' t9.,e ,p:ro~eedings !or said District
11. or claiming t~at any of the pre,vious acts o:r'det~rminations or
,12 'proceedings are,~rregu1ar, defective, erro~e~us or fault,. or hav-
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irig,anyobjections .to offer or' any 'reaso~ to'advance why said bond
14.,sho,uld .not. be is',sued ,and sold in said amount'ani for' said ,purpose ,
Law Otnce
of
Robert C, Wygant.
1203-4.5
Chester. Williams
Building
LOS ANGEL.ES
MUtua.l 7944'
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to ,a~pear'before 'this city Council-and be hea~d upon any of the
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above mentioned'matters.
17" '" <:..." Said bonds, proposed:~o be issued in 'the amount and for
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the purpo.se a~oresaid, ,,!ill be issued und~r and lI?:pur:suance of th
19 provisiop.s 'of the ACquisitiona~d Improvement A?~ 6f1925, a: s
'20: amended, and shall bear inter.es.t ~t: a rate not to e,xceed eight'
,21' 8%,) 'p'er' climt. per ~nrium, pay'ab}Lsemi':'a:nnua1J,y,: ani th~ 'agg~egate
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principal of all. bonds issued shall be paid and discharged within
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23 f01,l.I"te~n' (14') years after' the d;:lte of :!.ssuanc~" approximately one-
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twelfth '(1112) ;part'Of such aggr'e,gate principd to be pl1-yable
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annuaily;' the fi~st payment ,on the aggregateprinClpal wi'n be
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ade three' (3) ~ years afte~ . tl:J, e, issuance thereof, ani the first
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ayment"ori Ithe~ int~rest\'of :safdbonds 8~ j~s1ied to be mMe on the
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Said'bonds wi~l:not be sold for less tl).an par
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2nd day, of JanlR ry, or the, 2nd' day of July ( whichever month' ,first
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uccee<ls - th~ 'date, of such bonds) next'sltcceeding one year sf ter ,the
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ate of such bonds,
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nd will be sold to the best responsible bidder for cafi:1 therefor,
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onsideration being, given to the rate of ''interest. at which the
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Law omce
.,
Robert C. Wygant
1203-4.5
Cheater Williams
Building
LOS ANGELES
MUtual N44
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bonds"are offered to be p,ur~hased and. the premill!li'off~red, if any.
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As~eola3.', .eun~~o'~"th~:'.p~Yll!en;t,~ o.! :s,ald bon:ls~will be constituted '
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~y t~e levy of special assessment taxes upo~ the lands within the
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4 ,assess~erit:.di~tri'!t, a~qording to. :the assessed value of stli,d, ~iands,
. . . "\ '.' ,t,.: " "~. \ '.; ,'.. ,.:,". . , :~" . '.. . . :,
(ex.clusi va of trre "l'fupt"oiTemJ'nfs' thereon) and in' accordance with the
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zones'an:l percentages as finall,Y ,determiI,Jed,by, this CO,uncj,l,i~
1 its Resolution of Intention adopted May 16, 1928.
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The C'lerk of~.tp.ii3 COuncil shall prepare i.md sign a Notice
of" the abo";'e ,mentioned hearing' and shall'caus~ the same 'to be pub':"
lished by,at least two insertions in the newspaper designated
i~ the Resoluti'on of Intention ,in ';the aboye ,entitled mat~er, and
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shall caus'e a ~opy of said Notice to be pos'ted and kept posted "
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'fo'r at least two days on or near th.e'chimb~r door of thi's City
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Council, 'the date of"the f.irstpublication and 'that of said post-
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ing tobe not less than, t~n days befOre the,date fixed herein for
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" said hearing.'
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ar hereby certify' that the',' for eg'oing 're~olution was.'
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, adopted bi theCounbu of. 'the CitY,of Arcadia, at a regu;J.w
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meeting held on the 21st, day of AugY, 1929,. by the'
following vote of' the ~embers thereof: '
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~BSE~T':.'~~':~'
, . . t771 ')~>-'-/ JZr-;- " , "
, Mayor. of tie' C1~~~ Al"ca'dia.
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