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RF.ROLUTION NO. 923.
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ARCADIA DETERMINING THAT THE PUBLIC INTEREST,
CONVENIENCE AND NECESSITY REQUIRE THE REFUNDING
OF THE InoEBTEDNESS OF ACQUISITION AND IMPROVE-
'~NT DISTRICT NUMBER 44 OF THE COUNTY OF LOS
ANGELES, AND CONSENTING TO THE REFUNDING OF
SAID INDEBTEDNESS AND THE LEVYING OF A REASSESS-
MENT THEREFOR.
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ffilEREAS, the Board of Supervisors of the County of Los
Angeles, S1;ate of California, has heretofore adopted a resolution
determining that the public interest, conver.ience and necessity
require the refundine of the indebtedness of Acquisition and
Improvement District Number 44 of the County of Los Angeles, and
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stating th~t said Board of Supervisors proposes to conduct a pro~
ceeding for the refunding of the indebtedness of eaid district
under the provisions of the Assessment Bond Refunding Act of 1933,
as amended, and requesting the consent of this City Council to the
refunding of said indebtedness and to the levying of a reassess-
ment_therefort;l, under..sa.id Act;. and
WF~REAS, a certified copy of said resolution has been
filed with this City Council; and
WHEREAS, Acquisition and Improvement Distfiot Number 44
lies partially within the incorporated limits of the City of
Arcadia, p~rtially within the incorporated limits of the City of
San Gabriel and partially within unincorporated territory of
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said county, and
i'lHEREAS, this City Council is fully informed in the
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premises:
NO~, THEREFORE, the City CoUncil of the City of Arcadia,
California, does hereby resolve and determine as followe:
SElction 1. That the public interest, convenience and
necessity require the refunding of the indebtedness of Acquisiticn
and ImprovElment District Number 44 of the County of Los Angeles .
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under the provisions of the Asseesment Bond Refunding Act of 1933. '
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1 as amended.
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Section 2. That the Board of Supervisors of the County
:3 of Los Angt3les is a proper body to conduct said proceedings and
4 this City Council hereby consents to the refunding of the indebt-
5 edness of said district and to the levy of a reassessment there-
6 fore under said Act, and consents to the Board of Supervisors of
7 the County of Los Angeles conducting the proceedings therefore.
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Sllction 3. That the City Clerk shall certify to the
passage and adoption of this resolution and shall also certify
a copy of this resolution and file the same with the Clerk of the
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Board of Supervisors of Los Angeles County.
I hereby certify that the foregoing Resolution was adopted
at a regu1sLrly adj ourned meeting of the City Counc 11 of the
City of Arc:adia, held on the 30th day of June, 1938, by the
15 affirmative vote of at least thres councilmen. to-wit::
l6 AYES: Councilmen, Bolz, G~lffitt8, Malin, Murphy and Niday
l7 NOES: NODe
18 ABSEN1': None
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~c~k~-c!)
and signed and approved this 30th day of June, 1938.
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a&: /11~
Mayor
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ATTEST:
-'c~/~ ~
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