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RESOLUTION
NO. 384
'WHEREAS, Pursuant to statute, notice of filing
list of unpaid assessments, was duly given in the manner
required by law, that the warrant, re-assessment and dia-
gram, recorded on the llth day of July, 1922, for the work
and improvement made by Steele Finley under that certain
contract awarded to him on the 3rd day of October, 1921,
on portions of Second Street, Third Street, Lake Avenue
and Alleys in Blocks 104, 203 and 204, Huntington Beach
Tract, and that said warrant, re-assessment and diagram
were returned to the Street Superintendent of the City of
Huntington Beach, California., and that the return was re-
corded by him in his office on the 22nd day :of July, 1922;
and after the full e xpira.tion of thirty (30) days from the
date of recording s?id r•arrant the said Street Superintend-
ent duly made and filed with the City Clerk of the said
City of Huntington Beach, a, complete list of all assessments
unpaid upon the said re-assessment, which list is now on
file in said City Clerk' s office, the total aggregate there-
of being the sum of $36034.01 and assessments aggregating
191.64 havingsince been paid, there remains now unpaid
the sum of $35842.37..
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Reference is hereby made to Resolution of Intention
No. 365 of the City of Huntington Beach, passed on the 1st
day of August, 1921, for a complete description of the work
therein mentioned, and
WHEREAS, Interested persons were notified in the
manner required by law, to appear before the Board of Trustees
of the City of Huntington Beach, California, in the Council
Chamber of the City Hall; at the hour of eight otclock P. M.
of Tuesday, the fifth day of September, 1922, and show cause
why bonds should not be issued upon the security of the un-
paid assessments shown on said Street Superintendent's list-
and
WHEREAS, Notice was duly given, in the manner re-
quired by law, that serial bonds to represent unpaid assess-
ments, and bear interest at the rate of seven per cent (74)
per annum, will be issued hereunder in the manner provided
by the Improvement Bond Act of 1915, the last installment
of which bonds shall mature nine (9) years from the 2nd day
of July next succeeding nine (9) months from their date, and
All interested persons having appeared before this
Board of Trustees and having been given full opportunity to
show cause why bonds should not be issued upon the security
of the unpaid assessments shown on said list and all object-
ions presented having been heard now,
BE IT RESOLVED, That this Board of Trustees does
hereby find and determine that no cause has been shown why
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bonds should not be issued upon the security of said unpaid
assessments and does hereby overrule all objections thereto
and does hereby direct the issuance of said bonds, and further
IT IS RESOLVER as follows:
That bonds shall be issued upon the security of the
said unpaid assessments to said amount of $35842. 37.
The said bonds shall be fifty (50) in number, shall
be dated September 5, 1922, and bear interest at the rate of
seven per cent (710) per annum, and the denominations of said
bonds and the dates of the respective maturities thereof shall
be as follows:
Bond No. Amount Date of Maturity
1 $1000.00 July 2, 1923
2 1000.00 July 2, 1923
3 1000.00 July 2, 1923
4 292.11 July 22, 1923
5 292.10 July 2, 1923
6 1000.00 July 2, 1924
7 1000.00 July 2, 1924
8 1000.00 July 2, 1924
9 292.12 July 2, 1924
10 292.12 July 22 1924
11 1000.00 July 22 1925
12 1000.00 July 2, 1925
13 1000.00 July 2, 1925
14 292.12 July 2, 1925
15 292.12 July 2, 1925
16 1000.00 July 21 1926
17 1000.00 July 2, 1926
18 1000.00 July 22 1926
19 292.12 July 21 1926
20 292.12 July 2, 1926
21 1000.00 July 2, 1927
22 1000.00 July 2, 1927
23 1000.00 July 2, 1927
24 292.12 July 2, 1927
25 292.12 July 2, 1927 -
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Bond No. Amount Date of Maturity
26 $1000.00 July 2, 1928
27 1000.00 July 2, 1928
28 1000.00 July 2, 1928
29 292.12 July 2, 1928
30 292.12 July 2, 1928
31 1000.00 July 2, 1929
32 1000.00 July 2, 1929
33 1000.00 July 2, 1929
34 292.12 July 2, 1929
35 292.12 July 2, 1929
36 1000.00 July 2, 1930
37 1000.00 July 2, 1930
38 1000.00 July 2, 1930
39 292.12 July 2, 1930
40 292.12 July 2, 1930
41 1000.00 July 2, 1931
42 1000.00 July 2, 1931
43 1000.00 July 2, 1931
44 292.12 July 2, 1931
45 292.12 July 2, 1931
46 1000.00 July 2, 1932 t
47 1000.00 July 2, 1932
48 1000.00 July 2, 1932
49 292.12 July 2, 1932
50 292.12 July 2, 1932
The first coupon of interest shall be for interest
from August 16, 1922 to January 2, 1923, and the several cou-
pons thereafter shall each be for the semi-annual interest .
BE IT FURTHER RESOLVED, That the signature of the
treasurer upon the coupons attached to said bonds shall be a
lithographed signature in place of a signature by hand, and
BE IT FURTHER RESOLVED, That sealed proposals for
the purchase of said bonds will be received up to 7:30 o 'clock
P. 1 . on September 25, 1922, whereupon said bonds will be
sold to the highest bidder therefor, but for not less than
par and accrued interest. The City Clerk is hereby directed
to advertise for bids therefor by publication once a week for
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two lreeks in the Huntington Beach News, a weekly newspaper
of general . eirculation published and circulated in the City
of Huntington Beach, there being no daily or semi-weekly
newspaper published in that City.
I hereby certify that the foregoing Resolution
was duly and regularly passed by the Board of Trustees of
the City of Huntington Beach at s regular meeting of said
Board held on the 5th day of September, 1922, by the follow-
ing vote:
AYES: Onson, Obarr, Andrews, Drew
NOBS: None ABSENT: Macklin
Richard Drew
President of the Board of Trust-
ees of the City of Huntington
Beach, California
ATTEST:
W. R. aright
City Clerk of the City of
Huntington Beach, Calif.
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