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HomeMy WebLinkAbout0966 RESOLUTION NO. 966 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA APPROVING THE REPORT OF THE CITY ENGIlfEER OF SAID CITY IN THE LiATTER OF THE PROPOSED I1IPROVE;'IENT OF FLORAL AVENUE AND FOREST AVENUE IN SAID CITY AND PROVIDING FOR THE ISSUANCE AND MATURITY OF AND TIm RATE OF IlITEREST UPON BONDS TO BE ISSUED TO REPRESElIT UUpAID .il.SSESS::.iEllTS FOR SAID PROPOSED I1IPRO'VJi;,.;ElITS. THE CITY COUNCIL OF THE CITY OF ARCADIA DOES RESOLVE AS FOLLO\lS: ' Soctio:[l 1. That the report prepared by the City Engineer pursuant to the provisions of Section 3 of the "Special assess- ment investigation, limitation and majority protest act of 1931" as amended, in the matter of the proposed improvement of FLORAL AVENUE AND FOREST AVENUE in the City of Arcadia, be and the same is hereby app:roved. Section 2. That serial bonds, bearing interest at the rate of t per cent per annum and extending ovor a poriod ending nine ySirs from the socond day of January next succeeding the next Octo'ber fifteenth follovling thei:..' date, will be issued in the manner provided by the "Improvement Act of 1911", approved April 7, 19l1(,as amended, to represont each assessment of tuenty- five dollars ~25.00) or more remaining unpaid for thirty days after the date of the uarrant attached to the assessment to be hereafter levied undor these proceedings. Section 3. That the above mentioned report be filod uith the Clerk of this City Council. That Tuesday, the I~ tf1 day of May, 1939, at the hour of eight o'clock, 1'. ]~. and the Council Chamber in thJ City Hall in the City of ~rcadia, are hereby fixed as the time and place of hearing by this City Counoil on said report. The Clerk of this City Council is hereby directed to givo notice of said hearing in the manner and form required by Section G of said "Speoial assessment investigation, limitation and majority protest act of 1931" as amended. Section 4. The City Clerk shall oertify to the adoption of this resol~tion. I HEREBY CERTIFY that the foregoing resolution uas' adopted at a regular meeting of the City Council of the City of Arcadia on the 4th day of April, 1939, by the affirmative vote of at loast three councilmen, to-wit: AYES: Councilmen NOES: None ABSEllT: None Bolz, Griffitts, Malin, Murphy and Niday -,~~~ Signed and approved this 4th day of April, 1939. cu. ~~ layor. ATTEST~~~_ C'i Y Clerk. o-...~\