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HomeMy WebLinkAboutOrdinance #202 a 4 ; W. ry 2 S <y An '0rainanue of t;e Gi�,r of �iunv n�Lo a iseats�, �� wx taliorriia , pt•ov i1irit for the iruii� ` of bonds �`of the City iA. Huntington "each t, eu P>oriaed at a ape ial . unicipal, leetiort, iaelc: in said ^styOg e Hunt In toil �eauli on �uQ ad'ay t hE�, , .1v yP aay Oi~ i3epte ex A 1919, in tie .bum of '40,000 .t:or, tue purpose ,o! trig acfitifa it ian, co n$�r uu r;i ort an crompletion:by said City of aoertzi n �everiue j Producing tanioipea. impro vtrie n;:. iriic:tt P,1 :, t he Ica r a of, 7 rim tee a of t lie a s i8 w 01ty of ►unting'ton 3ea:h , av €c regnilai. imet>.rrg;of said oard" hold on :the "th clay of July, 1913, .by a",note :alb more than .two-thirds of all..,.its, ebdrs, duly. �iasae s resolution dote-zmining that th rt�e public inte End t neoeesity demand the acquisition, construction;:and �v f . oompla .ion t,;, aaici rainy of ritmtingon Doacb of ax < QerCtairiIurricipal Im} overaent , _i•r€o-��vits � h } avenue Prodming "'►•arrici IV-1 y pz�ove�tOntj oonsisting`"'of a gas distrUoutl n sys'vem, uaole. n "partiuu:arty desoribe4 as a eyai;ew of gas,;ripe line; ` m3ine," 2ater€+1a, rrys tare dud. tt;tW!`.tt3nt;s-.for ,that dlatribution and- a u .,ly of , in saidpit �a�o up.ply gety . inolutling all other apparatus v na tappliencrea riecceesa ; an a proper Tor receiving ea "and t ransreittin . toad didl butting said gua to a€ald ait vend the inh�t �.4zrtnt;a tPrereo�' inoluuing the auqulsition of land f Yt#yi AUD ►iiir u:LS aai.d it a olution was approved by the pvea Liken , of the Ba, ru of :rus tek.-s or gal" Sit", of Hunt�ineton Berch sad atteateu by t, fit '" filer and a -oMaio Cler' of t no Bca rd of rw tees of aCi dity on sated 7th day of. Wuly, 19190 AND 'UHikRia S,, the as la Board of Lrvz tees. did thereafter-at a. nubaegarent moetin of snid Bcaru Yreld .on tyre 11th day of AuGurt, 19190 �;� ;.Pre untarnirYrc�u€s vole of all 1 U* weirrbe:ca duly pa se and adopt an Ordinturce o at i� City, oallinE; a vpeoiril :,,Uniokjvl s,leoti on to "lie held In tiro eulu #it;• of ;iunt=i tton Botc h, C61 ifornle, err ti�� lath da/ a:: 'apttmtQr, 151,` ,"for ts,a U*b "Oot Ld purpoa of. ealtaitting to the qualified voters of said b1t;�, ttre proposition of iriourx,irr a bonded 04)bt of a€sa d' �i�y: for ''the purposes a e t f ortth n sra d ordinmue, t o-wit; .he proposition of :irrccar.ine a bonctect cPatr of - said City in tho a run of 0,000 fore the au tuiait.Pon construction €�r d uomplr� tl orr by arclu Cif= of i'lunt-lnd,to'lI ijeta.(1!r of. a ucr tail: ttaxriuip l Tmj& ova .6ar'4o 't o-grit, A Aevetrty x'zoR uc 1 r,G : a.nic.ipal i.ljx` ov«rtrer►fi , aonaiatll<,g of a. dike ilict:ribut,ine s;fs em e" V�; P 1', j. line, mains, lr.terals r of vr� a Ca"Ci tatt€rsrhr�n diotrMution onda s .Jy3jy of g ;; in rsaid. Cli €4rcc inalud ing all n v„er aprrarrLt ui. en(i apY+l �,rroes rreceasoxy MI proper for reoelving a arty trenatu',tiis�� :errd diatributing said gas to a a I d City SJU the tbit€�hta thereto", lnaludirg Ur sucjizizit"►ou of larze CV1u ara�l7#,s of-way. �liy ;ii .::i saki ;upeoisy :iuniaipel. i:1s otioll was held in said Gity of _iunti n6 too n Beac.h0h "the" IC'ui a of Septeac�uar, l:�i� , s:rs ;�zovided iri e cLa Ord" noe , irtallin�, the �r same arai; by law for ho.161ii6 'Liunicilal -tlect tons iax says d ;City, a li. Beld proposition of Incurring a bone da", UE3�p vet'aTles� 11f�'l"eii:� f©t'6 itiela 011�: Y' i8 .rtit�t ble .�1#' Sf3 of more than tvo-Lhircz.; of es.:of t:,h9' voters, ;vo�ing at ssid Speciz:A <:iunicipai Election;lul- 1 13 all w d F,1n ular e,-,.-JXOV. 10118' of a Pict of tiie i.eisl yLai ar t he Mate, of %ifc 'i , anti Y1ed, "r'L1z Le lxutnarizin the Ineurrisl tsf %ndei7"bAne"es "b 1Wit lee , N :ol:•ns a.ix ':any cipal va ;orations ifor ismaic pal Im1r oveiie nits and redulat!116 t;:e t~c:iaisitic�xi, ao:tastrueticnn"a1d casnl"!61 .otz a thereof" , Vialch becaune a law Vebriary 25 the Aotr��. Amendatory thereto, tiae IuWs' of the S >�te df �fornia, 'Overnints Citi«s of the Sixth Class, m&' ell "(5rdifiino, es,'of s City Of i'�ntili6to.a ')each rav3 -been fully gompl9.eu rtt;h ago is':�o autlaoriza the issue of said '�ctadsTHE WAL—D Op "MUSIA1112;S1 ,; BEACH DU AS i OLLU S: OB01.l uli 1. That bonds of the s" ci dat y of to t"I tk' each, Califorliiti , In t he s um <xf ,tijO'g000.v be i�;►terz", in accoru ance wi pia ti:B provisions of ari. ct of. :the. La�i1,aGure o the L+tatF,i oa California, entitled: "An .act jiixtYor:�ztiie lricu���r�= of indeu Ledaesb b; Citie u , cxr ns and itunici}za,�.,. c . ,oruiionS p '. f('r ;.iunioip€zl irapi•ov€�s:ents, mid ..egulating 1.1w - eq�u sitionj rons•truotiori oc Completion theredf'f , .vrbioli'v"be+~az11e a 3.a�" Pebraary 25, 1901 and the Aiota am"endatdry--t her so, and suppletiAiit�.l Lhereto, and t1r. laws .of tha Sti�te "of �r€3� ifc):irll:�a, $' overailn6 wines of t'w, Sixth�Olass , wd t ae (3 riir xices"-of salt: Cit ; , fo: the pui po'ze vf. the sac quio iti otz, ';�1ou true U:lon axid core; pietioa y said Olt— of "'azntihe n Baac h "o .'a c` ert»in unicipel Imps-ovument, to-writ : A revenue prows In aiuni+3 ip�l iitl�5ro�s�rs�1 L, v.���aalst.��; of a #Sao !!Lt#r1outlr,6 sy8tuefa, word per tioulr�l� desoribed ae a sysLew of ease pipe , mains, lateraals, meters "ass i�Ltt tclarUa nts fad;' tho ui�triu-atinn and supply of eas it saI4 � ifi �, an d,11 - lnclud iraS all o trier tappas:atus arid: a pp ianioes"'i*cesoar and proper for revoivi;i- tAtj a�.raa tr6namittin�",�zd d1suriout':ri Sala atis to said City` and , is iraiieb ite.ntsi thereof, : incl,u6ira Cite sac(l:aisitiala Qf 7 andti c nd ribhta 0f-vrtay 2. That gala ovd s' shsal}: ,Iba e1 `i1t- nt(m or; t4at� Ley shall be cae: lEnated;as ,a`�d'h' tingL-on ,Boacil `;as :3onds, 1DID" , Ezral shall be numbered oonsecutivel;,, born Cone i i) �o eit;hLy 130) , both. inolus�ive; treat Sa 1a �11o1i(3.s ehall b ieaueu in the deraoraAnaL, ).,i o" ��6001.Ciu otuh; that the p irir;1vA rand Lsatarest tl:o reol shall. be paya�.ble ii lawful money o-� mist} U,114jod ttit€1s; tr1$��+ art!(!- "-o11d ff1�Et�1 �9� dated aiovaiiio,.�r 1 , 1°.i13, and bear° intDrest at the rate of fi` pn: oej�t per araricua� yt ble Be Jilt- ur .u€ally oaz tia' let day of May, arat, the ie day, of -::rove ber., .of ew.h anu. every year, begimilne, on the. let day, of ., , 1 EMp, akin: the full"amounl of principal a na inter eat sh€l nav o bec,n paid; that Lit, pritLelptA €tirl interest of is �IJon�� Clu . be p€ayebla au Llio office Of the City .Treaourer" of t iici City of ilwt'U a6ton hewh, Cal i-Zw,nit- of Auc.'V1ntS1Won heauh, Calif ira the f0 1 oml,ng znwnrtsr, towai'V• 5nid a16h�y bonds,- wAt4bered one (1} to both inclusive, shdli be payable as follows: x% r Bond Ruviber l on,Rovember 1 , 1920 . Bond Number c on Noveii,b©r 1, 1920 " Bond Number :3 on November 1, 19211 ` Bond Number. 4 o,' November. 1, 1921 Bond Nur:fiber 5 on. November 1, 1922 Bond Number 6 on November 1; 1923 " Bond Number 7 on November 1, 1923 Bond dumber 8 on November 1, 1923 " Bond Number 9 on November, 1, 1924 Pond Number 10 on November 1, 1924`., Pond Number 11 on November 1, 11325: Bond Number 1 P, on 'lovember 1, 1925 Potad dumber 13 on:Movemb r`1, 1926;. -Bond Number 14 on November 1, 1926 Bond Number 15 on Nov tuber 1, 1927 Bond Number 16 on November 1, 1927 Bond N w b e r 17 on November 1, 1928 Bond Number 18 on November 1, 1,928 Bond Number 19 on November 1, 1929 Bond Number 20 on November 1, 1929 Bond Nuitiber 21 on November 1, 1930 i Bond Nuir,ber 22 on November 1, 1930 Bond Number 23 on Nov®iaiber 1, 1931 Fond Number 24 on November 1, 1931 Bond `umber 25 on November 1, 1932 Bond 'lumber 26 on November 1, 1932 Bond Number 27 on November 1, 1933 Bond Number 28:.on Lovember 1, 1933 Bond Number 29 on ;November 1,.:1934: Bond :Number 30 on ,tgovenaber 1,-:1934" " Bond Number 31 on November 1, 1935 Bond Number 32 on:November. 1, _1935 . Bond Number 33 on November 1, 1936 Bond Number 34 on November 1, 1936 Bond Number 35 on November 1°, ,1937 Bond Number 36 on No tamber 1, Bond Number 37 on November 1,- 1938 Bond Number 38 on November 1, 1938 Bond Number 39 on November 1, 1939' Bond Number 40 on November 1, 1939 Bond Number 41 on November 1, 1940 Bond Number 42 on November 1, 1940 " Bond Number 43 on November 1, 1941 , Bond Number 44 on November 1, 1941 Bend Number 45 on:November 1, 1942 Bond Number 46 on Noveiiiber 1, 1942 Bond Number 47 on November 1, 1943 Bond NLTiber 48 on November 1, 1943 Bond Number 49 on November 1, 1944 Bond Number 50 on November. 1, 1944 Bond Number 51 on November 1, 1945 Bond Number 52 on November 1, 1945 Bond Number 53 on November 1, 1946 Bond Number 54 on November 1, 1946 Bond Number 55 on November 1, 1947 Bond .Number 56 on Nov ori.ber 1, 1947 Bond Number 57 on November 1, 1948 Bond Number 58 on November 1, 19F+8 Bond Number 59 on November 1, 1949 Bond Number 60 on November 1, 1949 Bond Number 61 on November 1, 1950 Bond Number 62 on November 1, 1950 Bond Number 63 on November 1, 1951 Bond Number 64 on Noveii;ber 1, 1951 Bond Number 65 on November 1, i952 Bond Number 60 on November 1, 1952 Bond Number o? on November 1, 1953 Bond Number 68 on `joveiiiber 1, 1953 Bond Number 69 on Novea,ber 1, 1954 Bond Number 70 on November 1, 1954 Bond Nurrbrr 71 on November 1, 1955 Bond Number 72 on November Y1, 195a Bond Number 73 an N,ovembe 1, 155620 Bond Number 74 on November'-".;l, -1956 Bond Number 75 ori•November 1,"'1: is Aond. Number 76._on'.Noveniber Rand Nurib : 77"on,Noy,em er�-1 19 6 Bond Numbe er r 78` on t�'oYember '1, 1956 Bond number` 79 on. Nov emb,0r 1, "I95t3 Bond Number 60 on November:'.1,, 1959 � And s dd Bond,; ahail be substantially ;in .the follP%in&1. farm, to-alit: + No. UN ITEI; :STA'CF" OF,"AM ER' V STATE QF CALI FORM IA, - CITY OF>HUNT IK(iTON'--REACH HUNTINGTOti BEACH.?GA BONDS 191J _(amount) , Hun tifngton` Beach, Cal iforniA November 1, 1919. On the first day. of November,_"''A' (.year o , Maturity) the City of Huntington,:Beaiib 4 lif ornia,will pay to the bearer at the office of the .City ;Treasurer of said City of Huntington Beach, in the `City of Hintin ton, �1 Calif ornia,. the 'sum of� Five Hundred Dollars (°500.00 1 with interest thereon at the rate.: of 5f per ;cent per annum, payable se=zi-annual ly on the ls:-t day ':of M-y. and: ' the first (1st.) day of Nov"ember f each year,be'gin:�i:ig flay 1, 1920, at tho office ":of the; City. Treasurer: of said Ci ty of.; Hun tington Beach, in the_ City .of 'Huntington`Bea,% Calif ornia, -upon the prese�1tati,on; at�d.;'gurrander of the interest coupons hereto ayta'jhed. Prihaipal.a; d Interest I: payable in lawful cnoney of,`tha United $tatbs. This bond is isoued in pursuance `of the provieione of ;an Rot of the I: Legislature .of the Suite of'..Californi"ii *a i-6h became a, La=., February 25, 1901 and`all ameftd&dnte tharto;" aut nor i iing the incurring of indebtedne.ee by -Citie's;'for.,4minioipal : } improvements. l; It is further oertifld-.that al] rerluirRrr�ents of the Constitution.. and Lars. df ,the:8t; to of California and. all Ordinances of said: City of Huntington. Beuich, have been fully complied with by the proper-affi�ers 1n tha iasuin;; of this bond; that this issue °.of, Bonds- hasrbeen authorised by a vote of more than t.vo-tblr: s 'of the `duly_;qualified voters of said City,; voting tin the question of, such issue at a Special 'Zunicipal Fleetion, ;held .;in wai`d. City on the loth -say of September,°1919 aria °that the"totala:nount of tli g issue, together wilh all other indebtedness of said :sty, does not exceed the limit preacribedby : the 'Constitution and Laws of the State of -California: That bafore or at the tirae of incurring the indebtednesa evidenced. h<:rt3r�y, proL.; ` vision has been made for the collection of.an, annual tax ? sufficient to pay the interest of auch- indebtednee3, ae it falls due, and a1s.,) a provision to constitute a sinking fund for the payii:ent of the principal thereof on or before maturity. IN WITNESS WHEREOF, the. Gity,"of Huntington Bea.;h has caused this bond to Utr signed by the Exe utive of said . 'dunicipality, to-quit: the President :of the Boar" of Trustee d'. of said City, amd also -by.-the Trsisuier of. said City and to be countersigned, by the Clerk of :edd City and the '4 corporata seal of said City to be affixed thereto und, ahe said City has also caused the coupons her.ato' attrachad 0 be numbered consecutively and sigyied. by the Treasurer:t�f r .said, City of Huntington Beach. President of the Bow 6f�rusteo—s,of"': the City of Huntington Beacht California. Treasurer of tTa` c'f ty of uc�'ntincon Beach: California. -OtJNTMSIGNED: �fty Clerk of fhe City of 'ffuntington Beach, California. r•. T SECTION 3. That inter.)aL coupons.:sha11 be attaehad to each of said aIghty bonds, rapreseatind a_Aoh !i"natallirent: of, interest accruing ,on said bonds up, to the �msturity, ther.eof;, v,hich said coupons shall be sub atantIAlly , in: the following form, to-wit: No. On the let da of _ 19 , (date-install- ment of interest is due , .tha Cityrof Huntington IBeach, California, promisee to pay to the be-firer at the oft ice of the City Treasurer of the City of Huntington Bea.;h,. In the said City of Huntington .Beach, California, the sum of C_....._. (arnou4t-of interest)f in lawful.rrroney of the United States, for serni-annual intarast due on ",Wntington Ba •uh Gas Bond 1919, Ro. " (Nu:i:oer..of :. Bond to which coupon Is att:.i;hed. ) Treasurer o tie City Hof Huntington ?ea;;h, California SFCTIOV 4. Th1t the Prn8i,ient of the Board of Trustees of said City of Huntingt-,:�n Ba<l h and the Treasurer of said City of Huntington Beach, are hereby authorized And directed to sign all of said aiehty.bonda and the City Clerk is hereby authorized and dire:;tad to countersign all of said eighty bonds and to affix the Corporate Seal of said City thereto and the City Treasurer of. said City is hereby authorized and dirpoted - to eign the interest coupons: on said Bond4 and said Bonds shall be delivered by s.;':d City Clark to said City Treasurer in su h amount as the Board of Trusteea of eati City may from time to tine determine, and said City Treasurer is hereby authorized and directed to sian all the interest coupons by his lithographic or en gr ived si aurl ure. 8%_;TION .5. That tha pr=ueds o.f' the sa;e of said "luntington Beach Geis Bonds, 1919" shall lie pl iced iny the read;ry of said City to tiiR cxedit'�of�ra:�hand�to ..be -kn0Wn i ,'i, as the "Cas L.is tributing System Fund �1�919." ,And .shall be applied exclusively to the n. this Ordinance, to-wit: the purpose of the acquisition, con struetion and =.ompletion by said City. of. Huntington Beach of a certain %ifunicipal Isnpro e,aent, to wit a A revenue producing municipal improvement, consisting of a gas distributing, syetemj more:particularly ,_ described. as a systejc of gas pipe line, -'- -13, laterals, cr;eters arxi atta:;arente for the distribution 1,and ,sui j:ly of g.is in said City, and including all,'t�th`ec„app-aratus and,_: appliances necese.try anti-proper-'for receiwin gas and transu;itting and distri',iuting said $&s to- said` ity and the inhabiter is thereof, ino,ludirig t1� acuieition of 1 ands an(I rights-of-w ty SE":TrOU 6. That fox=the purpoe;e of securing and' providing for the Principal and;Interest oY,,.eaid "HUAt in gton Peach Gas Bonds,, 1919",.:thexe `i s�"hereby cxea tea a fund of s_Jd City,- to be 'known as-. :?Ieaoh Gas' 5onds, 1919, Interest and SitkiA .Fund" 'That all the money which sh411 from time to time :be pla^ed in'gaid fund, shall be and is hereby sot ap�irt ez clue fvgly for the purpose of meeting all suits coming;due,for. I'rincipl end Interest of all L the said- "Huntington-: e� h Gera'> dndsJ 1919", which may be issued under..the::proceedings 2iersin- before recited, That for the purpose>'of_'paying ;the Principal and Interest of said:�cnde than°r�oard of Trustees of salt City shall -at thv-AIm4 6f;�fixi`ng I the General Tax Levy and in;'the manner `torysuoh Genex�sl. Tax Levy provided, levy and collect annua2ly 'a tax sufficient to pay the interest of "sudh indabtedneas ace fa11s due, and also to constitute'.a sinking- fund for the payment of the principal thereof `on 'or. before: `maturity. Said tax shall be in additionto all other:taxes levied for ,auniciptl purposes and shall be ,.00llected'at the same time and in the same manner as other_ .;:municipal taxed are ` collectAd, and forthwith,' as oolleotsd, sii,all tie .turned ovnr to and paid into eaid, "Huntington' Beach ,Gaa Bonds, 1919, Interest and $inking Fund", and.be used for no Other purpose than the payment of eaid .$onde:arid the int4r,-st thereon. 8XGTI0N 7. Tne City 01erx °eha11 certieY to the passage and adoption of this Ordinance,arid. shall cause, the same to be published once' in the iHuntington'Hea:;h 'dews, a weekly newspaper of general circulation, printed and published in said City of Huntington Beach, and heraoy designated for that purpose. This Ordinance,.shall take effect" ald be in force from and a,-'ter the passage thereof. THE 701EOOVI x ORDIVAN-F was.'paseed and : adopted at a regular adjourned maotin, of the Board of. Trustees of sAld City of iiuntington,Be.lch, held on the 24th day of Heptember, 1919, by the aff irria4iirs vote of at least four Trustees of said Oity,: `t+v-wit: Ayes, Trustees UreW, Chain:. Manaink,,, vavrd None, " None Absent, " Arid rewe That the whole number, of. members of the Bra,rd of Trustees of said City is five, and that josepil `Iavra is the President of said Hoard of Trusteca. 6 - Signed and approved t},is 24th ddy of September, 1919. P .befde -of the oar ' oruatieee o£ the City of Huntington,,,Seaoh, 'I California, s } ATTEST: . t ark an - f ic o Mark of the d of Trustees of s the ty' of Huntington Beach, California. I_.,1.1-.�-�e�.�`�r�--��4^� r•,:r�.t,'1rrA,a.,,� i r r •, rr / e'r��,�dt�'t�r+s flnzrdef cv!l�rrr;r.r:of:t I';f:, far : f - the forr40irr..41�is a 0-0.0 r:.rui r , .:+rr,rry-r,a`.+,+ ()w.'.rr x:.•v e f.(J+AI Zl� rl / e� inilou Peach,nrtm2rr.rcil_�f}y rr,?.J t+,'i.(l..L rt4 .62ft th,d the !,oime br•zt.�ruhti^hPA^Z4&.-in.Ar j]urr -Vwt Jta /1'�'`P(t r= tUNPJ�.a lilt.+ln ll7n•r, ]_wt-nl^,I r / l;e#,(a fr•r/r.li - t {,r r 1 /it.�r,rN 'afc 1ft<� +tr,nrdin ?fn C i.rr.,r,,• ,ire ���f,r /. _... W p f I {`;yL:lr•-�7 <_ ., i�?`firtfl f"Jt`.tic �f E �. r radTl r,fGI flid jg rTf IIGt 7t� Gtn Lc se7t•; CrtZrJrirv±irt. f " 7