CC RESOLUTION 99RESOLUTION NO. 99
A RESOLUTION OF THE BOARD CF TRUSTEES OF
THE CITY OF EL BEGUNDO, CALIFORNIA, PROVID-
ING FOR THE ISSUANCE OF STREET IMPROVEMENT
BONDS FOR THE .NORK OR IMPROVEMENT OF
PORTIONS OF VIRGINIA STREET, WHITING STREET,
BONITA VISTA AVENUE, MAPLE AVENUE, MARIPOSA
AVENUE AND PAIM AVENUE, WITHIN THE SAID CITY,
AS PROV ID E.D FOR IN RESOLUT I DN OF INTENTION
NO. 79, PASSED AND ADOPTED ON THE 7TH DAY
OF NOVERBF.R, A. D., 1924, PRESCRIBING THE
DENOMINATIONS OF SUCH BONDS AND OF THE
INTEREST uOUPONS ATTACHED THERETO; AND
DIRECTING DELIVE.,RY THEREOF.
WHEREAS, the Board of Trustees of the City'of
E1 Segundo, California, did on the 7th day of November,
A. D., 1924, pass its Resolution of Intention No, 79, for
the improvement of, and the establishment of grade on
portions of Virginia Street, Whiting Street, Bonita Vista
Avenue, Maple Avenue, Mariposa Avenue and Palm Avenue,
within the said City, under and pursuant to the provisions
of the Improvement Act of 1911, and the amendments thereto,
reference to which said resolution of intention (which is
now on file in the office of the City Clerk of said City
and open to public inspection) is hereby expressly made
for further particulars;
AND, WHEREAS, thereafter all necessary resolu-
tions, notices and other proceedings of said Board were
duly and regularly adopted and taken in said matter; the
contract for said work or improvement was duly awarded
and thereafter duly completed to the satisfaction of the
Superintendent of Streets of said City and of this Board;
whereupon a warrant, diagram and assessment were made;
1-
I..,,.
recorded and delivered to the contractor in time, form
and manner as required by said act; and the contractor
having made due return thereon, and the same having been
duly recorded;
AND, WEMM.AS, on the 21st day of July, 1925,
the Street Superintendent of said City made and filed
with the clerk of this Board a complete list of all the
assessments unpaid thereunder, showing the respective
assessment or diagram numbers of such unpaid assessments;
the lots or parcels of land described in each of such
respective assessments, and the respective amounts of each
such unpaid assessment; said list also showing the total
or aggregate amount of such unpaid assessments to be the
sum of Thirteen Thousand Nine Hundred Seventy -six and
77/lUO Dollars ($13,976.77), whereupon said clerk gave
notice of the filing of said list, and fixed in said
notice Friday the 7th day of August, 19259 at the hour
of eight o'clock P, M, of said day as the time when in-
terested persons might appear before the Board of Trustees
In the Council Chamber of the City Hall of said City, and
show cause why bonds should not be issued upon the
security of the unpaid assessments shown on said list;
said time being at a regular meeting of said Board held on
said date, and no protests or objections having been made
in the said matter; and there therefore being no such
protests or objections to pass upon; and Assessments Nos.
47, 49, 50, 57, 59, 199; and 407 in the aggregate amount
of One Hundred Fifty -six and 86/100 Dollars ( §156.88)
having been paid after the filing of said unpaid assessment
list, and prior to the said hearing on the 7th day of
August, 1925; and the issuance of bonds in the said matter
having been taken under advisement until the hour of 7:30
o'clock P, M. on Friday the 14th day of August, 1925;
AND, WHEREAS, said hour of 7:30 o'clock P. M.
2-
of said Friday, the 14th day of August, A. L., 1925 has
now arrived;
NDW, 21U,REFORE, it is hereby determined that
the assessments now remaining unpaid under said proceedings,
and the aggregate amount of the same are as follows:
ASST
NO.
BWCK
LOT
AMOUNT,
8
Block
106,
E1 Segundo Sheet
No. 3,
Book 20, Pages 22 -23
11
3.82
9
^
No. 50 ft.
1
63.33
13
^
Ally 50 ft.
of
the S'1yl30
ft.
1
63.33
16
"
Ally 45 ft.
12
38.42
19
^
N'Ly 48 ft.
of
the ally 141
ft
12
60.80
20
^
Nlly 48 ft.
of
the ally 93
ft.
12
60.80
21
^
ally 45 ft.
12
57.00
24
Block
1050
^ ally 40 ft.
of
Ally 125 ft,
of
W' ly 150 ft.
7
50.66
26
it
^ Ally 40 ft.
of
ally 200 ft.
7
50.66
27
n
n Ally 40 ft.
of
ally 160 ft.
7
50.66
28
^
^ Ally 40 ft.
of
ally 120 ft.
7
50.66
28
^
IF Ally 40 ft.
of
ally 80 ft.
7
50.66
30
^
IT St 40 ft.
7
32.09
31
Tract
No.
1634, Book 21,
8
32.09
Page 148
32
n
7
50.66
33
if
6
50.66
34
it
5
50.66
48
(Tract
No.
1685, Book 21 Pg
98,
10
3 82
(Block
10
51
W1
N"ly 45 ft.
1
57.00
52
ally 40 ft. of
Ally 85 ft.
1
50.66
53
"
ally 40 ft. of
1
50.66
Ally 125 ft.
54
IT
N*ly 80 ft. of
ally 200 ft.
1
101.33
3—
ASST
N0.
BLOCS LOT
AMOUNT
55
Block 10,
Tract 1685, Book
21, Page 98,
Ntly 80 ft, of
ally 120 ft.
1
$101.33
56
"
ally 40 ft.
1
32.09
61
"
ally 40 ft. of
N'ly 200 ft.
12
50.66
62
"
ally 40 ft. of
N'ly 240 ft.
12
50.66
63
"
ally 40 ft. of
N'ly 280 ft.
12
50.66
64
"
ally 45 ft.
12
57.00
65
Bloolt 97,
Sheet No. 3, Book
20, pages
22 -23,
N'ly 45 ft.
6
57.00
66
"
Ntly 40 ft. of
Stly 280 ft.
6
50.66
67
"
N'ly 40 ft. of
ally 240 ft.
6
50.66
68
"
N'ly 40 ft. of
S'ly 200 ft.
6
50.66
69
"
N'ly 40 ft. of
ally 160 ft.
6
50.66
70
"
N'ly 40 ft. of
ally 120 ft.
6
50.66
71
"
N'ly 40 ft. of
ally 80 ft.
6
50.66
72
"
S'ly 40 ft.
6
32.09
73
W 3 78.54 ft. of Lot
7,
389.45
Block 97,
except E'ly 39.27 ft.
Book 20,
of ally 135 ft.
Pages 22-
76
20 "
E'ly 39.27 ft. of
ally 135 ft. of Lot
71
1.12
93
"
Etly 60 ft. of W'ly
Sheet 3.
72 ft. of 311y 150 ft.
11
1.71
94
"
E'ly 62.03 ft. of
ally 150 ft.
11
1.77
98
"
N'ly 50 ft. of
ally 150 ft.
1
63.33
100
ally 50 ft.
1
44.76
104
"
Illy 40 ft, of ally
85 ft.
12
50.66
107
Block 98,
Sheet No. 3, Book 20
Pages 22 -23,
ally 40 ft. of N'ly
85 ft. of
W'ly 150.83 ft.
7
50.66
4-
ASST
NO
BLOCK
T40T
AMOUNT
108
Block 98, Sheet No. 3, Hook
20, Pages 22 -23,
Stly 40 ft. of N*ly
126 ft of W 1 ly
150.82 ft.
7
$ 60.66
111
" Ntly 40 ft. of ally
120 ft.
7
50.66
112
" Ntly 40 ft. of 3117
80 ft
7
50.66
113
" Stly 40 ft.
7
32.09
114
" Btly 65 ft. of N117
125 ft.
7
1.57
115
"
8
393.07
117
Tract No. 2366, Book 22,
Page 152
2
1.91
125
Block98, Sheet No. 3, Book
20, Pages 22 -23,
5
3.82
133
Block 99, Sheet 0, Book 20,
Pages 22 -23 Stly 50 ft.
6
165.94
134
It
7
169.76
136
Tract No. 23679 Book 23,
Pages 15g
2
84.90
138
Block 99, Sheet 0, Book 20,
Pages 22 -23
10
162.64
139
Block 100, Sheet #3, Book 20,
Pages 22 -23
6
175.21
140
7
169 76
141
"
8
169.76
142
"
9
169.76
146
Block 101, Sheet No. 49 Book
20, Page 24,
w11y 89.03 ft. of
S11y 134 ft., except
3117 124 ft. of wI
ly
84 ft. 1*U3&2xft
5
2.69
150
" 3117 162.50 ft.
6
63.95
151
Tract No. 2589, Book 25, Page
52,
9
1.14
152
"
10
1.14
153
"
11
1.14
164
"
12
1.14
155
"
13
1.14
156
14
1.14
167
"
15
1.14
5-
A33T
�t
N0.
BLOCK
LOT
AUOUNT
158
Tract
No. 2589, Book
25,
Page 52
16
61.84
166
"
17
127.49
167
Tract
1685, Block 8,
Book
21, Page 98,
12
127.33
168
Traot
1686, Block 8,
Book 21,
73
133.72
Page 98.
169
"
Bloot 9
9
733.72
171
"
If
11
127.33
177
"
" wily
25 ft.
16
.71
181
"
" ally
150 ft.
16
128.02
186
Tract
2365, Book 22,
Page 103
2
74.73
187
"
1
74.49
188
ftaxtxlM,
Book 20,
Pages
22 -23,
Sheet No. 3, Block 96
N'ly
46 ft.
8
1.31
189
Block
96, Sheet No. 3, Page 20,
Pages
22 -23, ally
46 ft. of
N'ly
92 ft.
8
1.31
190
"
S'ly
138 ft.
of N'ly
230 ft. 8
3.94
191
"
N'ly
46 ft. of
ally
95 ft,
8
1.31
192
"
ally
49 Pt,
8
136.39
196
"
N'ly
46 ft. of
S'ly
141 ft.
9
1.31
198
"
ally
49 ft,
9
136.39
208
"
N'ly
75 ft.
1
95.00
209
"
ally
50 ft. of
N'ly
125 ft.
1
63.33
210
If
N'ly
100 ft. of
S'ly
200 ft.
1
126.66
211
"
N'7.y
50 ft. of
ally
100 ft.
1
63.33
212
"
ally
50 ft.
1
44.76
213
Tract
3069, Book 29,
Page 44,
1
32.09
216
"
4
50.66
217
"
5
50.66
218
"
N'ly
20 ft.
6
25.33
219
"
ally
20 ft.
6
25.33
6•
ASST
NO BLOuK LOT AMOUNT
220
Tract
No.
3069,
Book 29, Page
44,
7
50.66
221
"
8
222.93
222
Block
95,
Sheet
No. 3, Book 20,
Pages
22 -23,
N'ly 45 ft. of
Wily 150.82 ft.
7
67.00
223
If
Except N'ly 45
ft, of Wily
1.50.82 ft.
7
336.06
224
Tract
No.
2620,
Book 25, Page
60,
1
13.09
225
a
63.33
229
"
6
63.33
230
"
7
249.04
236
Block
95,
Sheet
No. 3, Book 20,
Pages
22 -23,
Except Sily 150
ft. of E'ly 46
ft.
10
2.51
238
is
Except Wily
44.67 ft. of Eily
89.34 ft. of Sil,y
150 ft.
11
111.80
239
"
Wily 44.67 ft.
of E'ly 89.34 ft.
of S'ly 150 ft.
11
56.58
241
"
13
169.76
646
"
S'ly 100 ft.
14
165.94
247
Block
94,
Nily 50 ft.
5
165.94
253
"
"
"
N'ly 150 ft. of
W119 40 ft.
4
50.66
257
"
"
"
E'ly 45 ft. of
Wily 90 ft. of
Nily 150 ft.
3
57.00
258
n
n
n
Except Eily 45 ft.
of W i ly 90 ft. of
N'ly 150 ft.
3
112.77
259
"
"
it
Wily 60 ft.
2
76.00
PAZ
n
n
n
Wily 41 ft. of
Nily 120.5 ft.
1
51.93
263
"
"
"
E'ly 39.88 ft. of
Wily 80.88 ft. of
Nily 120.5 ft.
1
50.51
266
"
"
S'ly 42 ft. of
N'ly 162.50 ft.
except N'17 7 ft
of E'ly 43 ft.
1
1.00
7-
ASST
NO.
BLOCK LOT
AMOUNT
267
Block V4,
Sheet No. 3, Book
20, Pages
22 -23,
N'ly 38 ft. of
ally 167.50 ft.
1
1.08
271
Block 93,
Sheet No. 3, Book
20, Pages
22 -23,
5
175.21
272
"
W'ly 40 ft. of
N'ly 150 ft.
4
50.66
273
"
E' ly 40 ft. of
W'ly 80 ft. of
N' ly 15 0 ft.
4
50.66
274
"
E'ly 40 ft. of
Wily 120 ft. of
N'ly 150 ft.
4
50.66
275
"
E' ly 14.03 ft. of
N'ly 150 ft.
4
17.77
2VT
"
N'ly 45 ft.
3
167.22
284
"
2
169.76
285
"
N'ly 45 ft.
1
142.27
286
"
S'ly 40 ft. of
N'ly 85 ft.
1
1.14
292
" Sheet
No. 4, Book 20, Pees
24, =
Block 92, Wily 67.03.
3
84.90
ft.of N'ly
196.60. ft.
293
Block 92,
Sheet "o. 4, Book 20,
Page 24.
n'ly 67 ft. of
N'ly 160 ft.
3
57.63
298
"
W'ly 67.03 ft.
of N'ly 98.40 ft.
2.
84.90
299
"
E'ly 67 ft. of
N'ly 98.40 ft.
2
84.66
314
Tract No.
1685, Block 7, Book
21, Page
98
6
114.65
319
"
1
118.94
320
"
W'ly 45.26 ft.
10
57.33
321
E'ly 45.26 ft.
10
57.33
324
"
13
114.65
329
Tract No.
1685, Block 6, Book
21, Page
96
5
118.94
330
"
4
114.65
332
"
2
114.65
342
"
ally 40 ft.
6
113.21
346
"
E'ly 40 ft. of
S'ly 90 ft.
9
50.66
8-
ASST
NO.
BLOCK LOT
AMOTIM
346 1/2
Tract No.
1685, Block 6,
Book 21,
Page 98,
N*ly 5 ft.
10
.14
350
"
Wtly 40 ft
of s'ly
90.62 ft.
10
50.66
352
Block 81,
Sheet 14o. 3, Book
20, Pages
22 -23,
8
111.41
353
"
7
63.33
354
If
6
63.33
355
"
5
63.33
357
3
63.33
358
"
2
63.33
359
If
1
269.89
361
It
20
63.33
362
it
19
63.33
363
If
18
63.33
366
Tract No.
567, Book 22,
Page 23
C
1.43
368
it
A
125.24
370
Block 820
Sheet No. 3, Book
20, Pages
22 -23
5
63.33
371
4
63.33
372
"
3
63.33
373
"
2
63.33
374
If
1
270.46
375
If
7
63.33
376
"
8
63.33
378
"
10
63.33
379
If
11
63.33
380
"
12
63.33
382
"
17
63.33
383
"
16
63.33
386
"
13
63.33
391
Block 85,
"
4
63.33
392
it
"
3
63.33
393
if
"
2
63.33
M
ASST.
N0.
Page 145,
BI,O CU
LOT
AMOUNT
"
3
40.90
412
"
394
Block 85,
Sheet No. 3, Book
"
5
40.90
20, Pages
22-23
1
63.33
397
Tract No.
1685, Block 4, Book
40.90
416
"
21, Page
98, W'l9r 78.08 ft.
5
98.90
398
"
E'ly 78.08 ft.
5
98.90
399
"
Pages 22 -23, wily 67.015 ft.
4
122.53
403
Tract No.
1685, Block 59 Book
21, Page 98,
21, Page
98,
5
126.20
406
"
wily 48.37 ft.
2
61.27
410 Block 77, Sheet No. 2. Book 18,
TOTAL $13,819.89
AND, wSEREA3, the total or aggregate amount of
said assessments so unpaid is the sum of Thirteen Thousand
Eight Hundred Nineteen and 89/100 Dollars ($13,819.89), and
it is so found to be by this Board;
NOW, THEREFORE, in consideration of the foregoing
premises, the Board of Trustees of the City of El Segundo,
California, do further resolve, declare, determine and
order as follows:
SECTION 1. That bonds shall be issued upon the
security of the said unpaid assessments to said amount of
Thirteen Thousand Eight Hundred Nineteen and 89/100 Dollars
(413,819.89), in accordance with the provisions of said Im-
10-
Page 145,
2
40.90
411
"
3
40.90
412
"
4
40.90
413
"
5
40.90
414
6
40.90
415
"
7
40.90
416
"
8
40.90
417
"
9
40.90
204
Block 96, Sheet No, 3. Book 20,
Pages 22 -23, wily 67.015 ft.
10
84.88
325
Tract No. 1685, Block 7, Book
21, Page 98,
14
114.65
TOTAL $13,819.89
AND, wSEREA3, the total or aggregate amount of
said assessments so unpaid is the sum of Thirteen Thousand
Eight Hundred Nineteen and 89/100 Dollars ($13,819.89), and
it is so found to be by this Board;
NOW, THEREFORE, in consideration of the foregoing
premises, the Board of Trustees of the City of El Segundo,
California, do further resolve, declare, determine and
order as follows:
SECTION 1. That bonds shall be issued upon the
security of the said unpaid assessments to said amount of
Thirteen Thousand Eight Hundred Nineteen and 89/100 Dollars
(413,819.89), in accordance with the provisions of said Im-
10-
provement Act of 1911, and amendments thereto, and of that
certain act of the Legislature of the State of California,
commonly known, designated and referred to as the Improve-
ment Bond Act of 1915, and amendments thereto, and under
and pursuant to the resolutions, notices and proceedings
of this Board, duly adopted and taken in said matter;
that said bonds shall be called Improvement Bonds; shall
be twenty (20) in number; shall be dated the 14th day
of August, A. D., 1925, being the date of the adoption
of this resolution, and shall bear interest at the rate
of seven per cent per annum from the 21st day of July,
1925, being the date of the filing with the City Clerk of
the Street Superintendent's List of Unpaid Assessments
relating to the within matter, and that the denominations
of said bonds and the interest coupons required to be
attached thereto, with their respective numbers and dates
of maturity, are as follows:
SERIES NUMBER
DENOMI-
AMOUNT OF
AMOUNT OF
DATE OF
NATION
FIRST
SEMI - ANNUAL
NATO-
INTEREST
INTEREST
ITY
No. 79
COUPON
COUPON
$32.08
$35.00
July
2,
1927
"A under Resolu-
2
381.98
12.26
13.38
tion of Intention
2,
1927
"C" under Resolu-
No. 79 1
$1000.00
2.08
$35.00 July
2, 1926
2
381.98
12.26
13.38 July
2, 1926
"8" under Resolu-
tion of Intention
No. 79
1
41000.00
$32.08
$35.00
July
2,
1927
2
381.98
12.26
13.38
July
2,
1927
"C" under Resolu-
tion of Intention
No. 79
1
41000.00
$32.08
436.00
July
2,
1928
2
381.98
12.26
13.38
July
2,
1928
"D" under Resolu-
tion of Intention
No. 79
1
41000.00
$32.08
$35.00
July
2,
1929
2
381.98
12.26
13.38
July
2.;
1929
"E" under Resolu-
tion of Intention
No. 79
1
$1000.00
$32.08
$35.00
July
2,
1930
2
381.98
12.26
13.38
July
2,
1930
11-
SERIES NUMBER DENOMI- AMOUNT OF AMOUNT OF DATE OF
NATION FIRST SEMI- ANNUAL MATUR-
INTEREST INTEREST ITY
COUPON COUPON
"F" under Resolu-
tion of Intention
No. 79 1
2
"G" under Resolu-
tion of Intention
No, 79 1
2
"H" under Resolu-
tion of Intention
No. 79 1
2
"I" under Resolu-
tion of Intention
No. 79 1
2
$1000.00 $32.08
381.98 12.26
41000.00 $32.08
381.98 12.26
$1000.00 $32.08
381.98 12.26
$1000.00 $32.08
381.98 12.26
05.00 July 29 1931
13.38 July 2, 1931
$35.00 July 20 1932
13.38 July 2, 1932
$35.00 July 2. 1933
13.38 July 2, 1933
$35.00 July 2, 1934
13.38 July 2; 1934
"J" under Resolu-
tion of Intention
No. 79 1 $1000.00 $32.08 $35.00 July 2, 1935
2 382.07 12.26 13.38 July 2, 1935
SECTION 2. That said bonds shall be issued in
series; and the assessments remaining unpaid at the date
hereof, as hereinabove determined by said Board of Trustees
(City Council) of said city, together with interest thereon,
shall remain and constitute a trust fund for the redemption
and payment of said bonds and of the interest which may be
due thereon, which unpaid assessments shall be payable in
annual series corresponding in number to the number of
series of bonds, and such proportion of each assessment
coming due in any year, together with the annual interest
thereon, shall in turn be payable in instalments as the
general municipal taxes of the said City of E1 Segundo on
real property are payable, and shall become delinquent at
the same times and in the same proportionate amounts, and
bear the same proportionate penalties after delinquency.
That said bonds shall be signed by the Treasurer
of said City of R1 Segundo, and oountersigned by the City
Clerk thereof; who shall affix thereto the official seal
12-
of said City; that the interest coupons affixed thereto
shall be signed by the Treasurer of said City, or bear
his engraved or lithographed signature, and that said
bonds shall be substantially in the form set forth in
said Improvement Bond kot of 1915.
The interest coupons attached to each of said
bonds and evidencing the interest to accrue thereon shall
be numbered consecutively, and shall be substantially in
the following form, to -wit:
EL SEGUNDOp CAD.,
The sum of Dollars
is payable to bearer at e offloe FT-17e City
Treasurer 2nd,
out of
semi - annual interest on Street Tm__pr_o_v_eme_n_f Bond
No.
City Treasurer
SECTION 3. That the City Clerk of said City be
and he is hereby authorized and directed to deliver forth-
with the bonds hereinbefore enumerated to John C. Dixon,
of Long Beach, California, assignee of the Contractor,
Vido %ovacevich, in full satisfaction of the balance due
upon his assessment and warrant.
SECTION 4. That the City Clerk of said City shall
certify to the passage and adoption of this resolution;
shall cause the same to be entered in the Book of Resolu-
tions of said City, and shall make a minute of the adoption
thereof in the records of the Board of Trustees of said
City in the minutes of the meeting at whio h the name is
passed and adopted.
Passed, approved and adoptedthis 14th day of
August, A. D., 1925.
2re`s en of e Board of�Trustees of
the City of El Segundo, California.
( SEAT, )
13-
STATE OF CALIFORNIA )
COUIVTY OF LOS ANGELES ) SS.
CITY OF El SEGUNDO )
I, Victor D. McCarthy, City Clerk of the City
of E1 Segando, California, do hereby certify that the
whole number of members of the Board of Trustees of the
said City is five; that the foregoing resolution, being
Resolution No. 99 , was passed and adopted by the
said Board of Trustees, approved and signed by the
President of said Board, and attested by the City Clerk
of said City, all at a regular meeting of the said Board
held on the 14th day of August, 1925, and that the same
was so passed and adopted by the following vote:
AYES: TRUSTEES Anderson, Cannon, Gerow, Love, and Binder,
NO3S: TRUSTFLS clone
ABSENT: TRUSTEES None
Wity CJerx or e El Segandoi
(SEAL) California.
14-