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RESOLUTION NO. 15'80
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 A PORTION OF HUNTINGTON
DRIVE IN SAID CITY AND PROVIDING FOR THE ISSUANCE AND MATURITY
OF AND RATE OF INTEREST UPON BONDS TO BE ISSUED TO REPRESENT
UNPAID ASSESSMENTS FOR SAID PROPOSED 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 Part 2 of the Special Assessment
Investigation, Limitation and Majority Protest Act of 1931, in
the matter of the proposed improvement of a portion of Hunt-
ington Drive in the City of Arcadia, be and the same is hereby
approved.
SECTION 2. That serial bonds bearing interest at the rate
of six 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, to represent
each assessment of Twenty-Five ($25'.00) Dollars or more remain-
ing unpaid for thirty days after the date of the warrant attached
to the assessment to be hereafter levied under these proceedings.
SECTION ~. That the above mentioned report be filed with
the Clerk of this City Council. That Tuesday, the 18th day of
March, 1947, 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
Part 3 of said Special Assessment Investigation, Limitation and
Majority Protest Act of 1931.
SECTION 4. 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 4th day of February, 1947, by the affirmative vote
of at least three Councilmen, to wit:
AYES: Councilmen Adcock, Leeper, Nugent, Ormsby and Russell
NOES: None ....-:7 . /7,9' ~
ABSENT: None ~e /~
ATTEST:. City Clerk of the C~of Arcadia
r.~ d7~IGNED AND APPROVED thi:~~. ~'f~~~;~~Y ~ ~~:~~: \"9~"~