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HomeMy WebLinkAbout1139 ~ -' RESOLUTION NO. 1139 A RESOLU~ION 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 BONITA STREET IN SAID CITY AND PRO- VIDING FOR THE ISSTJANCE AND MATURITY OF AND RATE OF INTEREST uPON BONDS TO BE ISSTJED TO REPRESENT trnPAID ASSESSMENTS FOR SAID PROPOSED IhIPROVEMENT. 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 previsi ons of Seotion 3 of the "Speoial Assessment Investigation, Limitation and Majority Protest Act of 1931", as amended, in ths matter of the proposed improvement of Bonita Street in the City of Aroadia, be and the Same is hereby approved. SECTION 2. That serial bonds bearing interest at the rate of six per oent per annum and extending over a period ending nine years from the second day of January next suooeeding the next Ootober fifteenth following their ~ate. Will be issued in the manner provided by the Improvement Aot of 1911. approved April 7. 1911, as amended, to represent eaoh assessment of Twenty-Five ($25.00) Dollars or more remaining unpaid for thirty days after the date of the warrant attaohed to the assessment to be hereafter levied under these proceedings. SECTION 3. That the above mentioned the Clerk of this City r L _ '-J >l ~ -r ( ~\\ ': ~ \ ~te1Pber Counoll. report be filed with ,I.,~'" That Tuesday, the lhth day of , 1941, at the hour of eight o'clook, P. M.. and the Council Chamber in the City Hall in the City of Aroadia, are hereby fixed as the time and place of hearing by this City Council on said report. The Clerk of this City Counoil is hereby direoted to give notioe of said hearing in the manner and form required by Seotion 6 of said Speoial Assessment Investigation, Limitation and Majority Protest Aot of 1931, as amended. SECTION 4. The City Clerk shall certify to the adoption of this Resolution. . I hereby oertify that the foregoing Resolution was adopted at a regular meeting of the City Counoil of the City of Aroadia, held -1- on the 5th day of Au~st , 1941, by the affirmative vote of at least three Oounoilmen, to-wit: AYES: Counoilmen Adcock, Bolz, Leeper, Ormsby and Perkins NOES: None ABSENT: None. -~~~) Signed and approveCl. this 'ith day of Au~st ,1941. ~~~~ Mayor ~ ATTEST: ~~~~ 1 Y . ler. . -2-