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RESOLUTION NO. 1941.
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ARCADIA, APPROVING THE REPORT OF THE CITY ENGI~""EER
OF SAID CITY IN THE h~TTER OF THE PROPOSED IMPROVE-
1ffiJ~ OF A PORTION OF DIAMOJID STREET IN SAID CITY AND
PROVIDING FOR THE ISSUANCE AND.~~TURITY OF AND RATE
OF INTEREST UPON BONDS TO BE ISSUED TO REPRESENT
IDfPAID ASSESS~ffiNTS FOR SAID PROPOSED IMPROVEhffiJIT.
THE CITY COUNCIL OF Trill 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 Assess-
ment 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 per cent per annum and extending over a period end-
ing 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 represent each assessment of
Twenty-Five U~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 sixth day
of December, 1949, at the hour of eight olclock, 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 manner and form
required by Section 6 of said Special Assessment Investigation,
1.
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Limitation and Majority Protest Act of 1931, as amended.
SECTION 4. The City Clerk shall certify to the adoption
of this 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 first day of November, 1949, by the affir-
mative vote of at least three Councilmen, to wit:
AYES: Councilmen, Boucher, Klomp, Nugent and Russell
NOES: NOne
ABSENT: Councilman Libby
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Clerk of the City of ~cadia.
City
SIGNED AND APPROVED THIS FIRST
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Mayor of the City of Arcadia.
ATTEST:
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'City Clerk.
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