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HomeMy WebLinkAbout0971 RESOLUTION NO. 971 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA APPROVING THE REPORT OF THE CITY ENGINEER OF SAID CITY IN THE MATTER OF THE PROPOSED IMPROVEMENT OF CALIFORNIA STREET IN SAID CITY AND PROVIDING FOR THE ISSUANCE AND MATURITY OF AND RATE OF INTEREST UPON BONDS TO BE ISSUED TO REPRESENT UNPAID ASSESS1ffiNTS FOR SAID IMPROVEMENT. THE CITY COUNCIL OF THE CITY OF ARCADIA DOES RESOLVE AS FOLLOWS: Section 1. That the report prepared by the City Engineer pursuant to the provisions of Section 3 of the "Special assessment investigation, limitation and majority protest act of 1931" as amended, in the matter of the proposed improvement of CALIFORNIA STREET in the City of Arcadia, be and the same is hereby approved. Section 2. That serial bonds, bearing interest at the rate of 6 per cent per annum and extending over a period ending nine yeaJ~s from the second day of January next succeeding the next October 15th following their date, will be issued in the manner provided by the "Improvement Act of 1911", approved April 7, 1911, as amended, to represent each assessment of twenty-five dollars ($25.00) or more remaining unpaid for thirty days after the date of the warrant attached to the ,assessment to be hereafter levied under these proceedings. Section 3, That the above mentioned report be filed with the Clerk of th1,s City Council. That Tuesday the 1st day of A~ust , 1939, at the hour of eight o'clOCk, P. M., and the Council Chamber in the City Hall in the City of Arcadia, are hereby fixed as the time and place of hearing by this City Council on said report. The Clerk of this City Council is hereby directed to give notice of said hearing in the manner and form required by Section 6 of said "Special assessment investigation, limitation and majority protest act of 1931" as amended. Section 4. The City Clerk shall certify to the adoption of this resolutilJn. I HEREBY CERTIFY that the foregoing resolution was adopted at a regularly adjourned meeting of the City Council of the City of Arcadia on the 30th day of June , 1939, by the affirmative vote of at least three councilmen, to-wit: AYES: Councilmen Bolz, Griffitts, Leeper and Perkins NOES: None ABSENT: None ~7ic ' - Ci Y-Cler~ Signeli and approved this 30th day of June , 1939. ~~ ayor otempore ATTEST: A.A J-::J"I & ' _f-J-<.... ---- . ~rU} 'oJ er ~~ (2)