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HomeMy WebLinkAbout1374 RESOLUTION NO. 1374 A F.ESOLUTION OF THE CITY COUl':CIL OF THE CI'I'Y OF ARCADIA APPROVING THE REPORT OF THE CITY ENGINEER OF SAID CITY IN THE MATTER OF THE PROPOSED IiiiPROVEidENT OF LA.S FLORES AVENUE IN SAID CITY AND PROVIDING FOR THE ISSUANCE AND ~ATURITY OF M,D RATE OF INTEREST UPON BONDS TO BKISSUED TO REPRESENT UNPAID ASSESSMENTS FOR SAID PFO POSED IMPROVEiiIENT. THE CITY COUNCIL OF THE CITY OF ARCADIA DOES RESOLVE AS FOLLOWS: SECTION l. That the report prepared by the City Engineer pursuant to the prOVisions of Part 2 of the Special Assessment In- vestigation, Limitation and Majority Protest Act of 1931, in the matter of the proposed improvement of Las Flores Avenue 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 follovdng 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 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 this City Council. That Tuesday, the 5th day of June, 1945, at the hour of eight o'clock, P. M., and the Court Room in the Police Station in theCity of Arcadia, are hereby fixed as the time snd place of hearing by thisCity Council on said report. The Clerk of thisCity Council is hereby directed to give notice of said hearing in the manner and form required by Part 3 of said Special Assess~ent Investigation, Limitation and Majority Protest Act of 1931. SECTION 4. The City Clerk shall certify to the adoption of this Resolution. -- 1 -- I hereby certify that the foregoing Resolution was adopsed at a regular meeting of the City Council of the City of Arcadia, held on the 1st day of May 1945, by the affirmative vote of at least three Councilmen, to-wit: AYES: Councilmen Adcock, Leeper, Ormsby and Russell NOES: None ABSENT: Councilman Nugent ~~ Signed and approved this 1st day of May ,1945. /1,;. # ~f7 Mayor ATTEST: ~~kct-~ ---- .'~'.:..." j'ilC-U::' k- ~-:"!" . '"'J '- .,. ,\ ,.. "' ! ~~ ~ \ -"' -:. ~ ~:. " ....... - ~ '- ~_~--2 -'" , .,. '"" --. ~, ..... -' -- 2 --