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HomeMy WebLinkAbout1113 , . .r f--'- R;:;SOLli'rDll HO. 1113. A RZS0LljTIOH OF 'fEZ CITY C31.mCIL OF TEE CITY OF ARC,.DIA APPRJVIllG THE R2:'JRT OF TlL CITY m:GHLio':R OF S':'ID CITY IN THE LlAT'I'ER OF 'fHE PROPOSED Ii,iPROVEMENT OF LONGDEn A1Ginn;; IN SAID CITY AND PHJVIDING FOR THE .ISSGANCE AnD MATu~ITY OF AND RATE OF INTEREST UPON BonDS TO BE ISSU''':::D TO REPRESENT UNPAID ASSESS;iENTS FOR SAID PROPOSED I,APROVE;L~3NT. THE CITY comlCIL OF THE CITY OF ARCADIA ,1)0:';$ RESOLVE AS FOLLO',:S : SECTION 1. That the report prepared by the City Engineer pursuant to the provisions of Section 3 of the Special Assessment, Investi~ation, Limitation and Majority Protest Act of 1931, as amended, in the matter of the proposed improvement of Longden Avenue in the City of Arcadia, be and the same is hereby apprdved. 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, ap~roved April 7, 1911, as amended, to represent eaoh assess;nent of Twenty-Five' t$25.00) Dollars, or more, remaining un- paid for thirty (30) days after the date of the warr~tattached to the assessment to be hereafter levied under these proceedings. SECTION 3. That the above mentioned report be filed vdth the Clerk of this City Council and that Tuesday, the 17th day of June, 1941, 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 lnanner and form required by Section'6 of said Special Assess~ent In- ve sti ;ation, Limitation and Major! ty Protest Act of 19'~1, as amended. SECTION 4. The City Clerk shall certify to the adoption of this Resolution. I hereby certify that ,the foregoing Resolution was adopted -1- > , at a regular meeting of the City Council of the 'City of Arcadia held on the 6th day of May , 1941, by the affir~ative vote of at least three CounciL~en, to-wit: AYES: Councilmen, Adcock, ~lz, Leeper, Ormsby and Perkins . NOES: None ABSENT: None Signed and ap~roved this ~~C~y;t~ I 6th day of Mav , 1941. ~ O~ -_T~ Mayor AT"~.~ Ci ty Cle.r . , , ' , ' -2-