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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.
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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
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Signed and approved this
1st
day of
May
,1945.
/1,;. # ~f7
Mayor
ATTEST:
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