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RESOLUTION NO. ~771
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 IMPROVEblliNT OF A PORTION
OF ALTA STREET IN SAID CITY AND PROVIDING FOR THE IS-
SUANCE 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 l~ That the report prepared by the City Engineer
pursuant to th,~ provisions of Part 2. of the Specia~ Assessment
Investigation, Limitation and Majority Protest Act of 1931, being
Division 4 of the Streets and Highways Code, in the matter of the
proposed improvement of a portion of Alta 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 ending
nine years froD! the second day of January next succeeding the
next October fj,fteenth following their date, will be issued in
the manner provided by the Improvement Act of 1911, being Division
7 of the Streets and Highways Code, 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 6th day of July~ 1948,
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 manner and form required by Part 3 of said Special Assessment
Investigation, Li~tation and Majority Protest Act of ]931.
SECTION 4. The City Clerk shall certify to the adoption of
this Resolution,.
I HEREBY CERTIFY that the foregoing Resolution was adopted
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at a regular meeting of the City Council of the City of Arcadiar
held on the 18th day of May, 1948, by the affirmative vote of
at least three Councilmen, to wit:
AYES: Councilmen, Boucher, Klomp, Nugent and Russell
NOES: None
ABSENT: Councilman EYing
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C1ty erk of the C1 y Q cad1a
SIGNED and APPROVED this 18th day of May, 1948.
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May~ ~~{!-/
ATTEST:
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City Clerk
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