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HomeMy WebLinkAbout1837 RESOLUTION NO. 1637 A RESOLUTION 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 I~PROVEMENT OF ELDORADO STREET, FANO STREET, GENOA STREET. ALICE STREET, AND SANTA ANITA AVENUE (EAST LANE), IN SAID CITY M~D PROVID- ING FOR THE ISSUANCE AND MATURITY OF AND RATE OF INTEREST UPON BONDS TO BE ISSUED TO REPRESENT UNPAID ASSESSMENTS FOR SAID PROPOSED IMPROVEMENT. 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 provisions of Section 3 of the "Special Assessment Investigation, Limitation and Majority Protest Act of 1931i", as amended, in the matter of the proposed improvement of Eldoradb Street, Fano Street, Genoa Street, Alice Street, and Santa Anita Avenue (East Lane), in the City of Arcadia. be and the same is: ~ hereby approved. SECTION a. 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 Im- provement Act of-1911, approved April 7,1911, as amended, 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 April, 1949 at the hour of eight o'clock, PLM., 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 givennotice of said hearing I in the manner and form reqUir~~ by Section 6 of said Special Assess- I I ment Investigation, Limitation and Majority Protest Act of 1931, as amended. SECTION 4. The City Clerk shall certify to the adoption of this -1- ~~ Resolution. 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 February, 1949. by the affirmative vote of at least three Councilmen, to wit: AYES: Councilmen Boucher. Klomp, Libby, Nugent and Russell HOES: None ABSENT: None C1tY--;C~ ~ "oodl. SIGNED and APPROVED this 15th day of Febru , 1949. ~/~ Mayor of the City or Arcadia ATTEST: ~,~ C~ty C erk -2-