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HomeMy WebLinkAboutResolution No. 902380 0 RESOLUTION NO. 902. • A RESOLUTION OF THE BOARD OF TRUSTEES OF THE CITY OF AZUSA AUTHORIZING THE PURCHASE BY SAID CITY OF CERTAIN WATER RIGHTS O'AIIED BY JENNIE SPROULE ,iUHOPlIAS, AND FIXING THE PRICE TO BE PAID THEREFOR AIdD THE TERMS OF PAYI3ENT . The Board of Trustees of the City of Azusa do resolve as follows: WHEREAS., Jennie Sproule Thomas is the owner of certain water rights as represented by ten (10) shares of stock in the _'zusa Agricultural s.iater Company and it is advisable that the City of Azusa purchase the said water rights: NOW , THEREFORE, BE IT RESOLVED that the City of Azusa purchase those certain water rights now owned by Jennie Sproule `Phomas and represented by ten (10) shares of stock in the Azusa Agricultural ,`rater Company at the purchase price of One Hundred Dollars (WO -00) per share, the said purchase price to be paid as fol- lows: Two Hundred and Fifty Dollars 0250.00) on or before July 1st, 1926; Two Hundred and Fifty Dollars (:250.00) August lst, 1926; Two Hundred and Fifty Dollars (`250.00) September 1st, 1926; and Two Hundred and Fifty Dollars (4250.00) October 1st, 1926. I hereby certify that the foregoing resolution was duly adopted by the Board of Trustees of the City of Azusa at a regular meeting held June 21st, 1926, by the following vote of the Board: Ayes: Trustees: Durrell, Beck, Loney, Chenoweth Howard. floes: Trustees: idone. absent: 'Trustees: None. H. ii SI;:ITH City Cerk of the City of Azusa. Approved this 21st day of June, 1926. C. H. HOWARD President of the Board of Trustees of the city of Azusa.