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HomeMy WebLinkAbout0975 RESOLUTION NO. 975 A RESOLUTION or THE CITY COUNCIL OF THE CITY OF ARCADIA APPROVING THE REPORT OF TTffi CITY ENGnfEER 0:::' SAID CITY IN THE MATTER or THE PROPOSE)) UPRO\E~:2NT OF PLORAL AVENUE AND FOREST ~VENUE IN SAID CITY AND ?ROVIDING FOR TH: ISSUANCE AND MATURITY OF AND THE RA'l'E OF INTEREST UPON BONDS TO BE ISSUED TO REPRESENT unPAID ASSESSLEl\TS "OR SAID PROPOSED IMPRO':E?"ENTS. THE CITY COUNCIL'OF THE CITY OF Ai'lCADIA DOEs RESOLVE AS FOLLOWS: SECTION 1. That the report prepared by the City Engineer pursuant to ';tbe provisions of Section 3 of the "'Special assess- ment investig~tion, limitation and majority protest act of 1931m as amended, in the'matter of the proposed improvement of FLORAL AVENUE AND FOF~ST AVENUE 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 years from the second day of January next succeeding the next October fifteenth 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 <C25.00) or more remaining unpaid for thirty days after the date of the warrant attached to the assessment to be hereafter levied under these prooeedings. ' SECTION 3. That the aaove mentioned report be filed with the Clerk of this City Council, That Tuesday, the 1st. day of August, 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 ar..d place of hearing by this City Council on sa:M') report. The Clerk of this City Council is hereby directed to ~ive notice of said. hearing in the manner and form required by Section 6 of said "Special assessment investi~ation, limitation and majority protest act of 1031" as amended. SECTION 4. The City Clerk shall certify to the adoption of this resollltion. I HE:tE:BY CERTIFY that the fore801ng resolut ion was adopted at an adjourned regular 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 ABSE1"l' : None ~ /::k- I~) , cr{;; Ier~. Sisned, and approved this ~(Hh. day of ,>,J.unlf, 1939. ~~. . yor ofIROTEMI!lIIlI ATTEST~~ p. lark. '~-.