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Home My WebLink AboutResolution No. 10660 • • • a A R=:OLUTION CF T_1.i C...:'1 l'O.Zariil• OF THE (�ITt Or A/ZUSA4 BEING AN ORDr,R PROVIDING FCR. THE fi 3Ud:3i'I. CF Haid! I11PE3P ,1.r"Y•T bONDEP PRK3ORIBINC TELE DaT0111ULLTION OF ETUCH I D3 _li17) Or TF2 _INTEREST COUPONS ATTACHED T1=TO. WMREAB, tho City Council ;r the City of Azusa did, on the let day of August 1027 , pass its Resolution of Intention No, 1011for tLe : L .'rV Y o_ r. of Alameda, Dalton, Santa Fe Avenues and Sixth Street in said City under .and hursu int i,o the provisions of the Improvement Act of 1911 , ani tno amon1nents thereto and to the resolutions, notices and other proceeaings of said Council duly adopted and taken, reference to said Basolution of Intention being hereby expressly made for further particulars; and CdHEiAS, the contract for'said work and improvement was duly awarded and thereafter Ouly complotee to the satisfaction of the Street Superintendent of said City and this Council Whereupon an assessment,- di,.g-r m and warrant• aero made, recorded and d.oli tired to the ;ontra,tor in tin,,), form and marner as required by said act, and the cortrac-13r having .nada duo return therjon and the samo having boon duly .recorded; and 1 EMI,S, on February 6th , 19 28 , the Street Super- intendent of said City made and filed with the clerk of this City a com- plete list of all ascossments unpaid theraunder upon the respective assess- ment or diagram numbers thereon, whereupon said clerk gave notice of the filing of said list, and fixed in said notice Monday the 20th day of February , 19.28 , at the hour of 7:30 o'clock 11. M., as the time when interested porsor_s might ap-pear before the City Covr_s9.1 and show cause why bonds should not be issued upon the security of the unpaid assessments shorn on said list, said tine being that.cf this rogular meet- ing of said counri.l, anC. said council hnvi.np; hoard all objecticrs and hav- ing passed upon tho same, a is horo'iy B.etorinfnoo that tho asaoc_mnnts un- paid thereunder ava th9 egg"3ge.ta Dancaints of came are a.s follows: LIST OF UNPAID ASSRSSAMITS Assessment & Amount of Unpaid Diagram No. Lot Block Subdivision Assessment 34 29 Lap of Azusa L.R. 15-93 v035.95 5 35 29 it 2 ft " it 35.95 6 36 29 it to It if to 35.95 9 39 29 It it " 35.95 49 23 30 It it " " " 35.95 50 24 30 to It " It it 35.95 51 25 30 " " it If " 35.95 53 27 30 it I It it 35.95 54 28 30 " it it to If 35.95 55 29 30 " " " it " 35.95 56 30 30 it " " It to 35.95 57 31 30 It it It " it 35.95 56 32 30 " It " it It 35.95 59 33 30 it It It " " 35.95 60 34 30 It It " " of 35.95 61 35 30 to It " " It 35.95 66 42 30 It It it it it 71.90 69 43 30 " to " It It 71.90 75 22 18 " It of " It 85.63 76 23 18 " it it It it 71.90 77 24 1s it " It It " 71.90 62 8 31 " It " " It 77.04 83 9 31 It it it " it 77.04 84 10 31 if " it " It 77.04 85 11 31 it to it it to 77.04 86 12 31 It " " If it 77.04 87 N.10 ft. 13 31 It " " " it 15.41 88 14 31 It " It " " 77.04 89 15 31 It " It " to 77.04 90 4 34 It It " It It 77.04 91 5 '34 it " 11 it 11 77.04 9, • • • .0 • LIST OF UNPAID ASSESSL:EYTS (COS::li:U3D) Diagram & , Assessment Amount of Unpaid roxnber Lot Block Subdivision Assessment 6 34 Map of Azusa M.B. 15-93 $77.04 93 7 34 "' " " 77.04 94 8 34 " " " " " 77.04 95 9 34 " " "" " 77.04 96 10 34 " " If " " 77.04 97 11 34 " " It it " 77.04 101 15 34 it It It it " 77.04 102 1 35 of it It it It 81.62 103 2 35 to It It it '" 55.50 104 3 35 if If " " It 35.40 105 4 35 It it it it It 20.30 106 5 35 it it " " it 10.20 n it n It it Syr. An - tK 124 23 35 It It of it It 35.95 125 24 35 " it it " " 35.95 126 25 35 " it It it 35.95 127 26 35 " It it " it 35.95 126 27 35 It It It it " 35.95 129 28 35 It " to it 35.95 130 29 35 It " " " to 35.95 133 32 35 " It it " It 89.88 134 33 35 it it It " if 148.94 135 34 35 " it " " It 71.90 136 35 35 it " it It It 71.90 138 37 35 It " it It It 71.90 139 36 35 " It It " it 71.90 140 39 35 It " " " 71.90 141 40 35 It It " It to 71.90 142 41 35 it it " " to 71.90 .r rr r ri LIST OFULPAID A33-33L:::lTS (=0 ,-,'n�ULD) Diagram & Assessment Dumber Lot Block Subdivision Amount of Unpaid Asst. _.108 42 36 L:ap of Azusa M.R. 15-93 X35.95 162 38 36 it " ItIt " 35.95 163 37 36 It " " " " 35.95 164 36 36 " 35.95 165 35 36 " " " 35.95 166 34 36 " " " 35.95 167 33 36 " " " " 35.95 166 1 45 35.95 169 2 45 " " " " " 35.95 170 3 45 " 35.95 171 4 45 " " " " " 35.95 172 5 45 " 35.95 173 6 45 " " " " 35.95 174 7 45 it it It " " 35.95 175 B 45 It " It" It 35.95 176 9 45 It it 11 it 35.95 177 10 45 " It " it It 35.95 176 11 45 " " " it it 35.95 179 12 45 ItIt it 35.95 166 19 45 It it it It If 35.95 187 20 45 " " " It It 35.95 188 21 45 It " " " " 35.95 o 46 It 11 It 96 „ a 66 _e --- 196 ns nt tt _r n nr• 35.95 re 32 46 " " It 197 31 46 " " " " 35.95 198 30 46 It it " it " 35.95 199 29 46 of Itit 11 35.95 LIST OF UNPAID ASSESSIMNTS (CONTINUED) Diagram & Assessment Amount of Unpaid Number Lot Block Subdivision Assessment 200 28 46 Mp of Azusa W.R. 15-93 035.95 204 24 46 If n n n o, 35.95 .205 23 46 it " It 35.95 206 22 46 " " it 35.95 207 21 46 " " " " It 35.95 206 20 46 " " " " of 35.95 209 19 46 " " " " It 35.95 210 18 46 " " " it 35.95 211 17 46 " " " " It 35.95 212 16 46 " " 35.95 215 13 46 " " 89.88 E.67ft., 216 8 in, of 1 46 " " " " 72.00 Except N.20ft. of --.,.217 the E.671811 2 46 it it of " " 58.00 218 3 46 it it it It " 71.90 219 4 46 " It it it it 71.90 222 7 46 It of to " It 71.90 223 8 46 it " to It it 71.90 224 9 46 It " it " " 71.90 225 10 46 " it to it It 71.90 226 11 46 " " " it 71.90 228 24 47 " " it 77.04 229 23 47 , it " It " " 77.04 230 22 47 1 1 It n n 77.04 231 21 .47 " It If It " 77.04 232 20 47 It " it It It 77.04 234 16 47 it " it . It it 77.04 235 17 47 it of it " 77.04 237 15 47 " It It " " 77.04 236 14 47 " ' it It it 77.04 239 13 47 " It if it 77.04 • 0 LIST OP UNPAID ASSESSMENTS (CONTILTED) Diagram & Assessment Amount of Unpaid Number Lot Block Subdivision Assessment E$6 30_ Portion of Alley $5.14 247 30 It it '. 5.14 263 30 to to it 2.57 264 30 it to it 2.57 265 30 " " " 2.57 267 30 " " 2.57 266 30 " " " 2.57 269 30 " " " 2.57 270 30 " " " 2.57 271 30 to ^ it 2.57 272 30 It " It 2.57 273 30 it It to 2.57 274 30 to toit2.57 275 30 It if " 2.57 277 W.72141,1of 1 46 Map of Azusa M.R. 15-93 76.94 279 E.671811of 2 46 it " it it to 13.90 THB TOFU OR L1 GFL SL;!:00';1' OF S. ID _1SSES22:11:111T Wi ',ID IS nm-, SUI OF y 6,313.21 YON Mn'FORE, in consio.oratiou of the premises, the City Council of the City of !_.use, do cre,ar ns followo: Section 1. T`.:.*, boas shall 'oe issued upon the security of the unpaid assessments to said amount of 0 6,313.21 in accordance with the provisions of said improvement act and.the "Improve- ment Bond '"elk of 1915" and under and pursuant to the resolutions, notices and proceedings of said board.duly adopted and taken; said bonds shall be called "Improvement Bonds",. shall be fifteen (15) in number, shall be dated February 20th , 19 28 ; and the denominations of said bonds and the interest coupons required to be attached thereto, with their respective numbers and nates of maturity, aro as follows: Bond No. Series Amount of Bond Dollars Date of Maturity 1 I $420.69 July 2nd, 1929 2 1 420.88 Jul$ 2nd, 1930 3 I 420.88 July 2nd, 1931 4 I 420.88 July 2nd, 1932 5 I 420.88 July 2nd, 1933 6 I 420.88 July 2nd, 1934 7 I 420.68 July 2nd, 1935 8 I 420.88 July 2nd, 1936 9 I 420.88 Ju1Q.53nd, 1937 10 I 420.68 July 2nd, 2938 11 I 420.86 July 2nd, 1939 12 I 420.86 July 2nd, 1940 13 I 420.86 July 2nd, 1941 14 I 420.88 July 2nd, 1942 15 I 420.88 July 2nd, 1943 0 "Section 2. Saio. bcrds ghaL:. ;;e iseued in series, and the unpaid assessments as shaNv, on sa'_u list filed by the Super inton,?on's of Streets. and detorm4ned by tha City Co ncil together with intorest thereon, shall remain and coiiaiitute a trust fund for the redemption and payment of said bonds and of the interest which may be duo thereon, wh9.ch unpaid assessments small be payablo in annual series correspond- ing l.n number to the number of series of bonds issued, and an even aiufual proportion of each assessment issued, and an even annual pro- portion of each assessment shall be payable, in each year preceding the date of the maturity for each of the several series of bonds issued, and such proportion of each assessment coming due in any year, together with the annual interest thereon, shall in turn be payable in install- ments as the general municipal taxes of said City on real property are payable, and shall become delinquent at the same times and in the same proportionate amounts and bear the same proportionate lienalties for delinquency. Said bonds shall be signed by the Treasurer of said City and countersigned by the clerk who shall affix thereto the official soil of said City; the interest coupons affixed thereto shall be signed by the Treasurer or bear his engraved, printed or lithographed signature; and such signing and sealing of said bonds by said officers and signing, -of said coupons by said Treasurer shall cohstitute and be a sufficient and binding execution of each and every one of said bonds and all of the coupons thereof respedtivoly. Said bonds shall be substantially in the form sot forth in said Improvement Bond Act. The interest coupons attached to each of said bonds and ev- idencing the interest to accrue thereon shall be numbered consecutively and be substantially in tine following form, to -wit: Coupon No. 2 x /4�,,?3 The City of Azusa, California, will pay to the bearer hereof on the second day of July, IT -9 , 4 /�4� 3 at the office of the City Treasurer, said sum being the somi-a ual interest due on Improve- ment Bond No. 1 of Series No. I Dated: February 20th , 19 2e . City/ reasuror. Section 3. Said bords shrll be forthwith delivered to the contractor in satisfaction of the 'balance clue him upon his assessment and -,rarrant. I hereby certify that the resolution was duly a opted by the City ��C�ou'n`c�il o, tir+.":.4 Cf lzusa at a meting hold �7C / ° . , ILI , �y the following vote of the council: 7 p AYES: NOES :e ABSENT: pry nn� i. .k of the City of .lzuw, a o,.-co,'od "this i.t,:yor of the City of Azusa.