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CC RESOLUTION 124RESOLUTION NO. 124 A RESOLUTION OF THE BOARD OF TRUSTEES OF THE CITY OF EL SEGUNDO, CALIFORNIA, AWARDING TO VARIOUS BIDDERS CERTAIN STREET IMPROVEMENT BONDS ISSUED FOR THE LAYING OUT AND OPENING OF SYCAMORE AVENUE, WITHIN SAID CITY, AS CONTEM- PLATED UNDER RESOLUTION OF INTENTION NO, 64 OF THE SAID BOARD. WHEREAS, the Board of Trustees of the City of E1 Segundo, California, has heretofore received certain sealed proposals or bids, pursuant to an advertisement or Notice of Sale requesting sealed proposals or bids for the bonds hereinafter referred to, duly published in the E1 Se- gundo Herald of E1 Segundo, California, for Three Thousand Your Hundred Eighty Dollars ($3,480.00) par value Municipal Improvement Bonds of said City of E1 Segundo, California, known as Improvement Bonds issued for the laying out and opening of Sycamore Avenue in the City of E1 Segundo, Cali- fornia, as contemplated by Resolution of Intention No. 84 of said City, said bonds having maturities as hereinafter stated; AND, WHEREAS, at the time for receiving such sealed proposals or bids only one such proposal or bid was received for each of the bonds hereinafter referred to to -wit: The proposal or bid of E. A. Willicum for Bonds Nos. 1, 2, 3 and 4 Series "B ", The proposal or bid of Eleanor Caerniski for Bond No. 1, Series "A ", The proposal or bid of W. E. Morgan, for Bonds Nos. 109 11, 12, 13, 15, 160 17, 18, 19 and 21, Series 1- �S<) 3 (q �-. The proposal or bid of Don C. Fugitt for Bond No. 14, Series "B" The proposal or bid of Stephen Pelletier for Bonds Nos. 5, 60 9 and 20, Series "B" The proposal or bid of Mabel Palmer Smith for Bonds Nos. 7, and S. Series "B" and The proposal or bid of E. G. Palmer for Bond No.2 Series "A "; AND, WHEREAS, said proposals or bids were the highest and best proposals or bids received for said respective bonds as offered; NOW, THEREFORE, BE IT RESOLVED that the bid of E. A. Willieum of Los Angeles, California, offering the sum of Two Hundred Dollars (200.00) being par value of Bonds Nos. 11 2, 3 and 49 Series "B ", Municipal Improvement Bonds of the City of El Segundo, California, known as Improvement Bonds issued for the laying out and opening of Sycamore Avenue in the City of E1 Segundo, California, as contemplated by Resolution of Intention No. 84 of the said Board, said bonds being for the par value of Fifty Dollars ($50.00) each, and each due on the lot day of ,July, A. D., 19359 be and the same is hereby accepted by the city of E1 Segundo, California, and that the said bonds Noe. 1, 2, 3 and 4, Series "B" Municipal Improvement Bonds of the City of E1 Segundo, California, known as Improvement Bonds issued for the laying out and opening of Sycamore Avenue in the City of E1 Segundo, California, as contemplated by Resolution of Intention No. 84, be and the same are hereby sold to said bidder E. A. Willicum, at the price of par value, to -wit: Two Hundred Dollars ($200.00), said bonds to be delivered as soon as practicable; 2- 8 AND BE IT FURTHER RESOLVED that the bid of Eleanor Cserniski of Glendale, Calif ornis, offering the sum of Three Hundred Twenty Dollars ($320,00) being par value of Bond No. 1, Series "A ", Municipal Improvement Bonds of the City of E1 Segundo, California, known as Improvement Bonds issued for the laying out and opening of Syoamore Avenue in the City of E1 Segundo, California, as contemplated by Resolution of Intention No. 84 of the said Board, said bond being for the par value of Three Hundred Twenty Dollars ($320,00), and due on the let day of July, A. D., 1935, be and the same is hereby so- oepted by the City of E1 Segundo, California, and that the said bond No, 1, Series "A" Municipal Improvement Bonds of the City of E1 Segundo, California, known as Improvement Bonds issued for the laying out and opening of Sycamore Avenue in the City of E1 Segundo, California, as contemplated by Resolution of Intention No. 84, be and the same •ate hereby sold to said bidder Eleanor Cserniski, at the price of par value, to -wit: Three Hundred Twenty Dollars ($320.00), said bond to be delivered as soon as practicable; AND BE IT FURTHER RESOLVED that the bid of W. E, Morgan of Indio, California, offer ing the sum of One Thousand Forty Dollars ($1040.00), being par value of Bonds Nos. 10, 110 12, 130 15, 169 170 18, 19 and 21, Series "B ", Munioipal Improvement Bonds of the City of E1 Segundo, California, known as Improvement Bonds issued for the laying out and opening of Sycamore Avenue in the City of E1 Segundo, California, as contemplated by Resolution of Intention No. 84 of the said Board, said bonds being for the par value of $86,000 $88.00, $88.00, $155.00, $104.005 $104,00, $104.00, $103.00, $103.00 and $103.00 respectively, and each due on the let day of July, A. D., 19350 be and the same is hereby accepted by the City of E1 Segundo California, and that the said bonds Nos. 10, 11, 12, 130 15, 16, 17, 18, 19 ard 21, Series "P±' Municipal Improvement Bonds of 3. the City of E1 Segundo, California, known as Improvement Bonds issued for the laying out and opening of Sycamore Avenue in the City of El Segundo, California, as contemplated by Resolution of Intention No.,84, be and the same are hereby sold to said bidder W. E..Morgan, at the price of par value, to -wit: One Thousand Forty Dollars ($1,040.00), said bonds to be delivered as soon as practicable; AND BE IT FURTHER RESOLVED that the bid of Don Co Fugitt of E1 Segundo, California, offering the sum of Three Hundred Twenty Dollars ($320.00) being par value of Bond No. 14, Series "B", Municipal Improvement Bonds of the City of 141 Segundo, California, known as Improvement Bonds issued for the laying out and opening of Sycamore Avenue in the City of E1 Segundo, California, as contemplated by Resolution of Intention No. 84 of the said Board, said bond being for the par value of Three Hundred Twenty Dollars ($320.00), and due on the lat day of July, A. D., 1935, be and the same is hereby accepted by the City of E1 Segundo, California, and that the said bond No. 14, Series "B" Municipal Improvement Bonds of the Uity of B1 Segundo, California, known as Improvement Bonds Issued for the laying out and opening of Sycamore Avenue in the City of 81 Segundo, California, as contemplated by Resolution of Intention No. 84, be and the same is hereby sold to said bidder Don C. Fugitt, at the price of par value, to -wit: Three Hundred Twenty Dollars ($320.00), said bond to be delivered as soon as practicable; AND BE IT FURTHER RESOLVED that the bid of Stephen - Pelletier of E1 Segundo, California, offering the sum of One Thousand Fifty Dollars ($1050.00) being par value of Bonds Nos. 5, 6, 9 and 20, Series "B ", Municipal Improvement Bonds of the City of &1 Segundo, California, known as Improvement Bonds issued for the laying out and opening of Sycamore Avenue in the City of 21 Segundo, California, as contemplated by Resolution of Intention No. 84 of the said Board, said bonds being for the 4- 85,5 par value of $270.00, $190.00, $270.00 and $320.00 respectively, and each due on the lot day of July, A. D., 1935, be and the same is hereby accepted by the City of E1 Segundo, California, and that the said bonds Nos. 5, 6, 9 and 20, Series "B" Municipal Improvement Bonds of the City of E1 Segundo, California, known as Improvement Bonds issued for the laying out and opening of Sycamore Avenue in the City of E1 Segundo, California, as con- templated by Resolution of Intention No. 84, be and the same are hereby sold to said bidder Stephen Pelletier, at the price of par value, to -wit: One Thousand Fifty Dollars ($1050.00), said bonds to be delivered as soon as practicable; AND BE IT FURTHER RESOLVED that the bid of Mabel Palmer Smith of El Segundo California , offering the sum of Two Hundred .Eighty Dollars ($280.00) being par value of Bonds Nos. 7 and 8, Series "B ", Municipal Improvement Bonds of the City of E1 Segundo, California, known as Improvement Bonds issued for the laying out and opening of Sycamore Avenue in the City of E1 Segundo, California, as contemplated by Resolution of Intention No. 84 of the said Board, said bonds being for the per value of $90.00 and $190.00, respectively, and each due on the let day of July, A. D., 1935, be and the same is hereby accepted by the City of E1 Segundo, California, and that the said bonds Nos. 7 and S. Series "B" Municipal Improve- ment Bonds of the City of E1 Segundo, California, known as Improvement Bonds issued for the laying out and opening of Sycamore Avenue in the City of E1 Segundo, California, as contemplated by Resolution of Intention No. 84, be a& the same are hereby sold to said bidder Mabel Palmer Smith, at the price of par value, to- wit: Two Hundred Eighty Dol3a rs ($280.00)0 said bonds to be delivered as soon as practicable; 2](D BE IT FURTHER RESOLVED that the bid of X. G. Palmer of El Segundo , California , offering the sum of Two Hundred Seventy Dollars ($270.00) being par value of Bond 5- Wt Ic No. 2, Series "A ", Municipal Improvement Bonds of the City of E1 Segundo, California, known as Improvement Bonds issued for the laying out and opening of Sycamore Avenue in the City of E1 Segundo, California, as contemplated by Resolution of Intention No. 84 of the said Board, said bond being for the par value of Two Hundred 86phty Dollars ($270.00), and due on the lot day of July, A. D., 1935, be azzd the same is hereby accepted by the City of E1 Segundo, California, and tlka t the said bond No. 2, Series "A ", Municipal Improvement Bonds of the City of E1 Segundo, California, known as Improvement Bonds issued for the laying out and opening of Sycamore Avenue in the City of E1 Segundo, California, as contemplated by Resolution of Intention No. 84, be and the same is hereby sold to said bidder E. G. Palmer, at the pries of par value, to -wit: Two Hundred Seventy Dollars ($270.00), said bond to be delivered as soon as practicable; AND BE IT FURTHER RESOLVED that the Board of Trustees of said City does hereby determine the said Two Hundred Dollar ($200,00) par value of said bonds be sold to the said E. A. Nillicum, in the manner and at the pries as hereinabove set forth , and said Board does hereby confirm the said sale in the the manner herein set forth; AND BE IT FURTHER RESOLVED that the Board of Trustees of said City does hereby determine the said Three Hundred Twenty Dollar ($320.00) par value of said bondsbe sold to said Eleanor Caerniski, in the manner and at the price as hereinabove set forth, and said Board does hereby confirm the said sale in the manner herein set forth; AND BE IT FURTHER RESOLVED that the Board of Trustees of said City does hereby determine the said One Thousand Forty Dollars ( #1040.00) par value of said bonds be sold to said W. E. Morgan, in the manner and at the pries as hereinabove set forth, and said Board does hereby confirm the said sale in the manner herein set forth; 6- AND BE IT FURTHER RESOLVED that of said City does hereby determine the as Dollars ($320.00) par value of said bonds C. Fugitt, in the manner and at the price forth, and said Board does hereby confirm the manner herein set forth; AND BE IT FURTHE3 RESOLVED that LIM the Board of Trustees td- {Three Hundred Twenty be sold to said Don as hereinabove set the said sale in the Board of Trustees of said City does hereby determine the said One Thotleand Fifty Dollars ($1050.00) par value of said bonds be sold to said Stephen Pelletier, in the manner and at the price as herein- above set forth, and said Board does hereby confirm the said sale in the manner herein set forth; AND BE IT FURTHER RESOLVED that the Board of Trustees of said City does hereby determine the said Two Hundred Eighty Dollars ( #280.00) par Value of said bonds be sold to said Mabel Palmer Smith, in the manner sad at the price as he rein - above set forth, and said Board does hereby confirm the said sale in the manner herein set forth; AND BE IT FURTHER RESOLVED that the Board of Trustees of said City does hereby determine the said Two Hundred Seventy Dollars ($270.00) par value of said bonds be sold to said N. G. Palmer, in the manner and at the price as hereinabove set forth, and said Board does hereby confirm the said sale in the manner herein set forth; AND BE IT FURTHER RESOLVED, that the City Clerk be and he is hereby authorized and instructed to enter this resolution in the Book of Resolutions of the Said City of B1 Segundo, and make a minute of the passage and adoption thereof in the minutes of the meeting of the Board of Trus- tees of said City at which the same is passed and adopted. Passed, approved and adopted this 29th day of Ja ry , A. D., 1926. Attest: & Z :& G- rreesi'den o £ oar o ruMees of the City of El Segundo, California 4 city er 7- STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES SS. CITY OF EL SEGUNDO ) I, VICTOR D. MQCARTHY, City Clerk of the City of E1 Segundo, California, do hereby oertify that the whole number of members of the Board of Trustees of t13 said City is five; that the foregoing resolution, being Resolution No. 124 * was passed and adopted by the said Board of Trus- tees, approved and signed by the President of the said Board, and attested by the City Clerk of said City, all at a regular meeting of the said Board held on the 29th day of January , A. D., 1926, and that the same was so passed and adopted by the following vote: AY3,:8: TRUSTEES Anderson, Cannon, Gerow, Love and Binder. NOES: TRUSTEES None. ABSENT: TRUSTEES None. (SEAL) M ornia �.