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RESOLUTION NO.~,~
A RESOI.UTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA,
CALIFORNIA, ACCEPTING OFFERS OF SALE OF BONDS OF ACQUISITION AND
IMPROVEiiliNT DISTRICT NO. 1 OF THE CITY OF ARCADIA, CALIFORNIA" I<'OR
CANCELLATION UND3:R THE "ASSESS;.lENT BOND R:E.'FUNDING ACT OF 1933' AS
JUiENDED.
THE CI'ry COUlWIL OF THE CITY OF ARCADIA, CALIFORNIA DOES
RESOLVE AS FOLLaNS:
SECTIO:U= That the offers of sale of bonds of Acquisition
and Improvement :District No.1, of the City of Arcadia, by the
following named ::lolders be accepted at the prices and in the amounts
set oprosite their respective names, and upon the terms and conditions
set forth in said offers:
Date of Face Value Amount to
Name of Holder Offer of Bond Price be Paid.
\'I.C. Roberts 7/27/38 $ 500.00 95<' $ 475.00
~
Wm.E. Stander 7/28/38 300.00 951, 285.00
Paul Reed 7/22/38 6732.15 95~~ 6395.55
Mabel Haines 7/25/38 300.00 95% 285.00
Wm. Black 7/2l/38 3000.00 95% 2850.00
Mrs. C. Worth 7/26/38 2500.00 95~ 2375.00
R. W. Yarbrough 8/ l/38 721.22 95%. 685.16
Mrs.Flora Johnstone 81 1/38 278.78 100% 278.78)
8/ 1/38 Interest 3.25)
Bessie Riedel 300.00 lOO% 300.00
SECTION II: That the Mayor and City Clerk be authorized
and they are her'9by directed to execute acceptance 01' the said offers
of sale for and on behalf of the ctty of Arcadia, California.
SECTION III: The City Clerk shall certify to the adoption
of this Resolution.
I hereby certify that the foregoing Resolution was adopted
at a regular meeting of the City Council of the City of Arcadia, held
on the 2nd day of August, 1938, by the affirmative vote of at least
three councilmen, to~wit:
AYES: Councilmen, Bolz, Griffitts, Malin, Murphy and Niday
NOES: None
ABSENT: None
-~y~':&€J
And signed and approved this 2nd day of August, 1938.
~-711~
Mayor
ATTEST : ~:
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City Cle:tlk .-
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