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RESOLUTION Nq. 1072."
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA
APPROVING THE REPORT OF THE CITY ENGINEER OF SAID CITY IN THE
i,;ATTER OF THE PROPOSED INPROVEMENT OF DIAI~OND STREET IN SAID CITY
AND PROVIDING FOfl THE ISSUANCE AND MATURITY OF AND RATE OF INTEREST
UPON BONDS TO BE ISSUED TO REPRESENT UNPAID ASSESS~ffiNTS FOR SAID
PROPOSED D~PROVE1~NT.
THE CI~~ COUNCIL OF THE CITY OF ARCADIA DOES RESOLVE AS
FOLLOV.'S:
SECTION 1. That the report prepared by the City Engineer
pursuant to the provisions of Section 3 of the "Special Assessment,
Investigation, Limitation and Majority Protest Act of 1931", as
amended, in the matter of the proposed improvement of Diamond Street
in the City of Arcadia, be and the same is hereby approved.
SECTION 2. That serial bonds bearing interest at the rate
of six (6%) per (lent 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", approved April 7, 1911, as
amended, to repro sen t 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 proceedin3s.
SECTION 3. That the above mentioned report be filed with the
Clerk of this Ci~y Council. That Tuesday, the 19th day of November,
1940, at the how~ 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 hea.rin[!; in
the manner and form required by Section 6 of said "Sj:Scial Assessment
InvestiGation, L:lmitation and Majority Protest Aot of 1931", as amended.
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 adopted
at a regular meetinG of the City Council of the City of Arcadia held
on the 15th day of October, 1940, by the affirmative vote of at least
three Councilmen, to-wit:
AYES: Councilmen, Ac;lcock, Bolz, Leeper, Ormsby anc;l Perkins
NOES: None
ABSENT: None
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Signed and approved thisl~day of
October
, 1940.
~/Q~c.~:'
Mayor
ATTEST: ~
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Cry .
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