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HomeMy WebLinkAbout0344 . lI!!' . . - RESOLUrION OF INTEl:TION NO. .Ji/.'f A RESOLUfION of the Board of Trustees of the City of Arcadia. declaring ". its intention to improve a portion of Valencia Way and Hillcrest Boulevard in said City of Arcadia. and declaring said work or improvement to be more than looal or ordainary public benefit and describing the district to be benefited by said work or .... improvement and to be assessed to pay the cost and expenses thereof and dertermining that serial bonds shall be issued to represent said costs and exoenses and fixing a time and place for the hearing objections to said work or improvement or to the extent of the district to be assessed or both. THE BOARD OF TRUSTEES of the CITY OF ARCADIA, do resolve as follows: SECTION I. That the public int~rest and convenience require and it is the intention of the Board of Trustees of said City of Arcadia to order the follo~~ng ~ork and improve- ment to be done in said City of Arcadia, to-wit: SECTION II. That Valendia TIay and Eillcrest Boulevard be improved by the installation of concrete posts Tnth wires. conduits and appliances for the lighting of said streets. The grade to which the Tork hereinbefore described shall be done and the this profiles imr:rovement mnde as provided in 'D Resolution is that sh= cn :fifi~:H~ (;ncl Impro- vement Plan 1;0. C-Hi7 on file in the office of the City Engineer of said City to ,':hioh profile reference is hereby made for the description of said grade. That all of the foregoi~g work is fully set forth, delineated and des- cribed on Improvement Plan C-137 on file in the office of the City Engineer. Said work shall also be in accordance Tnth the follmving specifications on file in the office of the City Clerk of said City of }xca~ia to-wit: Starrl~rd s~~cifi- reenforced cations No. 1 for the construction and inst~lla+'ion of'X!Xi:lOclroo-xi concrete lil!;hting posts, conduits, pipes, wires. cables, cable ter~'nals, lamp and ap~vrtena~ces. Said profile and ilI.provement plan Ho~e137 an~ the Specif'icationa hereinabove referred to. were adopted by Resolution KO.~~ of said Board of Trustees, and the same are hereby made a part of this Resolution ano are hereby referred to for a more particular description of sai~ ~ork: All streets. boulevards. and avenues referred to in this Resolution are ~ublic streets of said City of Arcadia. (;) I , lao, ~'/?" . ~. . ... - -2- SECTION III. . That said contemplated work or improve~ent in the opinion of the Board of Trustees of scid City of Arc&~ia .s of more than local or ordinary public benefit, and said Board of Trustees hereby makes the expense of said work or improvement chargeable upon a district. ;'lhich district sllid Board of Trustees hereby declares to be the district benefited by said work 01' i!!lprovement and to be assessed to pay the costs and expenses thereof; ~hich said district is bounded and described as follovlS: Being all that portion of Tract No. Sixty-three Hundred Forty-One (634l} in the City of Arcadia, County of Los Angeles, State of California, as per map recorded in Uap Book 104. page 21, Records of Los ,,"geles County. d...... ~.~ ~ .....l2d: The above -'de8-=C~ip~#brls general only. A Plat or !:ap of said District indicating by a boundary line the extent of the terrl tory included in the proposed assessment district is on file in the office of the ctty EnGineer. Reference is hereby made to the said Plat or ~p for a fur~her, full and complete description of the ;:p,'1JrliC Wh.iJ, sllid -lIUIe~~ on file"shal1 govern for all details as to the extent of such Assessment Dist2'tOt. SECTION IV. Said Board of Trustees also determines and declares that Serial Bonds shall be issued to represent eaehassess~ent of Tvlenty-r:ve ($25.) Dollars or more remaining unpaid for twenty (20) days afte2' the date of the lmrrant to represent the expenses of said ~ork and improve~ent. Said Serial Bonds shall extend over a period ending nine (9) years from the second day of January next succeeding the fifteenth day of the next November follmving their date and an even annu~l proportion of' the principal sum thereof shall be payable by coupon. on the second day of January every year after the fiftilenth day of the next November follO"lling their date. until the ~mole is paid. and the interest shall be nayable semi-annually. by coupon. on the second days of January and July, respectively, of elloh yellr after 'their date at the rate of seven (7) per cent per annum on, all sums unpaid until the whole of said principal and interest are paid. SECTION V. Notice is hereby F:iven that on ~;ednesday the First i!ay of December, 1926, at the hour or eight o'clock P. U. of said day. in the Council Chamber of the Board of Trustees of s&id City of' Arcadia, in the City Hall of said City. any and (.tJ ) ;a. ;.r~-r' .' -....--- . . . - -:5- all persons having any objections ~o said proposed work or i~provement or to the extent of the District to be assessed. or both, may appear before said Board of Trustees and show cuase why said proposed improvement :lihould' not be carried out in accordance .:ith this Resolution. SECTION VI. All of the proceedings for the aforesaid improvement and for the issuance of said Bonds shall be had and ~aken under ano in accordance ~ith the provisions of an Act of the Legislature of the State of California, kn~ln and designated as the oImprovement Act of 1911,0 approved April 7. 1911. and of all Acts supplimentary thereto or amendatory thereof. SECTION VII. The Superintendent of Streets sha"l post or cause to be posted con- spicuously along the lir:e of said contemplated ,"lork or imp,'ovement and also along all the open streets vdthin the District liable to be assessed and hereinabove described, notices of the passa@S of this Resolution in the manner and form re- quired by law. SECTION VIII. The City Clerk shall certify to the passage of this Resolution and shall cause the same to be published tlvice in The Arcadia News a"weekly n~vspaper published and circulated in said City of Arcadia and hereby designated for that purpose. Said Board of Trustees does not deem it advisable that the City Clerk mail copies of ONotice of Improvement- to the owners or reputed oymers of property within the said Assessment District and the mailing of such notices is hereby dispensed ,-nth. The foregoing Resolution was adopted at a re&ular meeting of the Board of Trustees of the City of Arcadia. held on the Third day of November, 1926, by the affirmative vote of at least four Trustees, to-wit: TRu t ....l -',?.. 4",.., " " ,_L4 i!:--tf V I. /f. .. -r:llI7. y<:,,/ -- s ees.~~~~~..' ~. AYES: NOES: and signed and approved this Third day of November, 1926. ll~~- OF T!l}; BOARD OF TRUS rn:::s. ATTEST: -~!?'~'-- (3) 18.a, -;BLJI