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CC RESOLUTION 147t RESOLUTION NO. 147 A RESOLUTION OF THE BOARD OF TRUSTEES OF THE CITY OF EL SEGUNDO, CALIFORNIA, PROVID- ING FOR THE ISSUADE OF STREET IMPROVEMENT BONDS FOR THE WORK OR IMPROVEMENT OF GRAND AVENUE WITHIN THE SAID CITY; ALSO THE IM- PROVEMENT OF THAT CERTAIN LATERAL SEWERAGE DISTRICT NO. 1, WITHIN THE SAID CITY, BY THE INSTALLATION OF A LATERAL SANITARY SEWER SYSTEM AND APPURTENANCES, AS PROVIDED FOR IN RESOLUTION OF INTENTION NO. 118, PASSED AND ADOPTED ON THE 13TH DAY OF NOVEMBER, A. D., 1925; PRESCRIBING THE DENOMINATIONS OF SUCH BONDS AND OF THE INTEREST COUPONS ATTACHED THERETO; AND DIRECTING DELIVERY THEREOF. WHEREAS, the Board of Trustees of the City of E1 Segundo, California, did on the 13th day of November, 1925, pass its Resolution of Intention No. 118 for the im- provement of Grand Avenue within the said city; also the improvement of that certain lateral sewerage District No. 1, within the said city, by the installation of a lateral sanitary sewer system and appurtenances, 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 resolutions, notices and other proceedings of said Board were duly an& 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, 1- diagram and assessment were made, recorded and delivered to the contractor in time, form qnd manner as required by said act; and the contractor having made due return thereon, and the same having been duly reoo rded; AHD, WHEREAS, on the 3d day of September, 1926, 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 re- spective 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 Ban of Thirty Seven Thousand Fifty One and 56/100 Dollars ($37,061.56), whereupon said clerk gave notice of the filing of said list, and fixed in said notice Friday, the 17th day of September, 1926, at the hour of 7 :30 o'clock P. M. of said day, as the time when interested persons might appear before the Board of Trustees in the Council Chamber of the City Heil 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; end no objections or protests having beep made in the said matter, and there therefore being no such protests or objections to pass upon; and assessments Hoe. 45, 138, 167,, 209, 2609 3049 338, 3M0 343, 3449 3459 346, 547, 3489 3499 360; 3839 3960 441, 4669 4679 482, 4839 517, 618, 521 and 622 in the aggregate total amount of One 'Thousand Eight Hundred Eight and 51J100 Dollars ($1,808.51) having been paid after the filing of said unpaid assessment list, and prior to the said hearing on the 17th day of September, 1926; and the issuamos of bonds in the said matter having been taken under advisement until the hour of 7:15 o'clock P. M. on Fri day, the 24th day of T September, 1926; AND, W:3EREAS, said hour of 7*15 o'clock P. M. of said Friday, the 24th day of September, 1926 has now arrived; NOW, THEREFORE, it is hereby determined that the assessments now remaining unpaid under the said proceed- ings, and the aggregate amount of the same are as follows: ASST. NO. Description LOT BLOCK AMOUNT 5 E1 Segundo Sheet No. 2, Yaps, Book 18, Page 145 5 50 92.52 6 " 6 50 92.52 7 " 7 50 92.52 8 " 8 50 92.52 9 " 9 50 92.52 10 " 10 50 115.70 11 ^ 11 50 115.70 12 d 12 50 115.70 13 " 13 50 115.70 14 " 14 50 115.70 15 E1 Segundo Sheet No. 1, Maps; Book 18, Page 69 1 17- 99.33 16 " 2 17 92081 17 a 3 17 92.81 18 " 4 17 92.81 19 " 5 17 92.81 23 " 1 16 104.42 24 ^ 2 16 92.81 25 " 3 16 92081 26 " 4 16 92.81 27 " 5 16 92.81 28 " 6 16 92.81 29 " 7 16 92.81 30 " 8 16 116.03 ASST. NO: 'Description LOT BLOCK AMOUNT 31 E1 Segundo, Sheet No. 19 Maps; Book 18, Page 69 8 15 $111.16 33 " 6 15 93.73 34 " 5 15 93.73 85 " 4 15 93.73 36 " 3 15 93.73 38 " 1 15 105.45 46 " 5 18 93.73 47 " 4 18 93.73 48 " 3 18 93.73 50 " 1 18 100.80 51 E1 Segundo Sheet No. 2, Maps; Book 18, Page 145 15 49 117.60 52, " 14 49 117.60 53 " 13 49 117.60 54 " 12 49 117.60 55 " 11 49 117.60 56 " 10 49 93.73 57 " 9 49 93.73 58 " $ 49 93073 59 ^ 7 49 93.73 60 " 6 49 93.73 61 ^ 5 49 93.73 62 " 4 49 93.73 63 " 3 49 93.73 64 " 2 49 93.73 65 " 1 49 93.73 67 " 12 79 131.58 71 " 7 54 131.58 72 " 6 54 131.58 78 Tract No. 2667, Maps; Book 27, Page 76 14 131.80 80 " 16 105.26 81 17 105.26 4— f *J ASST. N0. Description lot BLOCK AMOUNT 82 E1 Segundo, Sheet No. 2, Maps; Book 18, Page 145 27 49 $105.26 83 " 26 49 105.26 84 " 25 49 105.26 86 " 24 49 105.26 86 " 23 49 105.26 87 " 22 49 105.26 88 " 21 49 105.26 89 " 20 49 131.58 90 " 19 49 131.58 91 " 18 49 131.58 92 ^ 17 49 131.58 93 " 16 49 131.58 94 El Segundo Sheet No. 1 Maps; Book 18, Page 66 16 18 113.67 95 " 15 18 105.26 96 " 14 18 105.26 97 " 13 18 105.26 98 " 12 18 105.26 100 ^ 10 18 118.42 105 '' 19 15 105.26 106 " 18 15 105.26 107 B1 Segundo Sheet No. 1,, Maps; Book 18, Page 69 17 15 105.26 108 TM 16 15 105.26 109 " 15 15 131.58 110 " 8 14 128.88 111 " 7 14 103.10 112 " 6 14 103.10 113 " 5 14 103.10 114 " 4 14 103.10 116 " 2 14 103.10 117 " 1 14 115.99 D ASST. NO. Description 10T BLOCK AMOUNT 123 E1 Segundo Sheet No. 1 5 19 $103/10 Maps; Book 18, Page 69 126 " 2 19 103.10 127 " 1 19 111.90 130 E1 Segundo Sheet No. 2, Maps; Book 18, Page 14 5 6 47 103.10 131 " 5 47 103.10 132 " 4 47 103.10 133 N 3 47 103.19 134 " 2 47 103.10 135 " 1 47 128.88 140 Tract No. 2667, Maps; Book 27, Page 78 20 128.88 141 " 19 129.56 142 " 18 129.08 143 E1 gegundo Sheet No. 2 „ Mavis; Book 18, Page 145 9 55 128.88 145 " 7 55 103.10 146 d 6 55 103.10 147 " 5 56 103.10 148 " 4 55 103.10 151 " 8 78 128.88 152 " 7 78 128.88 153 " 6 78 128.88 154 " 11 55 128.88 155 " 10 55 128.88 156 1 48 128.88 157 " 2 48 128.88 158 Tract No. 2667, Maps; Book 27, Page 78 25 128.88 160 " 27 128.88 162 " 29 128.88 164 31 128.88 165 32 129.47 6. ASST. Li N0. Description LOT BLOCK AMOUNT 166 E1 Segundo Sheet No. 2, Maps; Book 18, Page 145 11 47 $128.88 179 E1 Segundo Sheet No. 1, Maps; Book 18, Page 69 15 19 103.10 171 " 14 19 103.10 174 " 11 19 103.10 175 M 10 19 115.99 176 9 19 115.99 177 " 22 14 115.99 182 d 17 14 103.10 183 16 14 103.10 184 " 15 14 128.88 186 d 7 13 103.10 188 " 5 13 103.10 189 N 4 13 103.10 190 d 3 13 103.10 191 " 2 13 103.10 192 to 1 13 115.99 193 N 8 20 115.99 194 7 20 115.99 196 " 5 20 103.10 197 d 4 20 103.10 198 " 3 20 103.10 199 2 20 103.10 200 " 1 20 112.96 201 B1 Segundo Sheet No. 2, Maps; Book 18, Page 145 1 46 128.88 202 Tradt No. 2667, Maps; 39 129.42 Book 27, Page 78 206 " 35 128.88 207 34 128.88 208 " 33 128.88 E1 Sew ndo Sht No. 2, Maps, Book 210 18,' (SIly 40 ft. of 4 45 103.10 Page 145 211 " (Nily 10 ft. of 4 45 25.78 212 d 3 45 128.88 7" ASST. F� A' NO. Desorintion LOT BLOCK AMOUNT 214 El Segundo Sheet No. 2, Maps; Book 18, Page 145 1 45 $128.88 215 9 56 128.88 216 " S'ly 5 ft. of 8 56 12.89 217 " Nlly 45 ft. of 8 56 115099 223 31 Segundo Sheet No. 1. Maps; Book 18, Page 69 12 20 103.10 225 " 10 20 115.99 227 " 22 13 115.99 228 8 21 13 103.10 231 " 18 13 103.10 232 " 17 13 103.10 233 " 16 13 103.10 235 " 9 14 135.19 236 " 10 14 135.19 237 If 11 14 135.19 238 " 12 14 135.19 239 " 13 14 135.19 240 " 14 14 135.19 241 " 9 13 135.19 242 H 10 13 135019 246 " 14 13 135.19 248 " 10 12 121.67 249 " 11 12 121.67 250 " 8 12 126.17 251 " 7 12 100.94 252 " 6 12 100.94 253 " 5 12 100.94 256 " 2 12 100.94 262 " 6 21 100.94 263 " 5 21 104.27 264 " 4 21 146.49 265 " 3 21 146.49 8" ASST. C i < N0. De so rip tion LOT BLOCK AMOUNT 267 E1 Segundo,Sheet No. 1, Maps: Book 18, Page 69 1 21 $1048.05 268 " 21 21 1012.29 269 tf 20 21 91.56 274 16 21 91.56 275 " 15 21 71.92 276 " 14 21 63.09 277 13 21 63.09 278 " 12 21 63.09 282 " 31 12 63.09 284 " 29 12 63.09 285 " 28 12 63.09 286 " 27 12 63.09 287 " 26 12 63.09 288 " 25 12 63.09 290 " 23 12 63.09 291 " 22 12 63.09 292 " 21 12 63.09 294 " 19 12 63.09 295 " 18 12 63.09 296 " 17 12 63.09 297 " 16 12 63.09 298 " 15 12 63.09 305 " 17 11 63.09 306 " 16 11 63.09 307 " 15 11 63.09 309 " 13 11 63.09 310 " 12 11 63.09 312 10 11 63609 313 " 9 11 63.09 314 " 8 11 63.09 318 " 4 11 63009 9. ASST. ll N0. Besoription LOT BLOCS AMOUNT 319 E1 Segundo Sheet No. 1, Maps; Book 18, Page 69 3 11 63.09 324 " 11 22 63.09 325 " 10 22 63.09 326 " 9 22 63.09 328 " 8 22 63.09 328 " 7 22 71.84 329 " 6 22 91.56 330 " 5 22 91.56 331 " 4 22 91.56 332 " 3 22 91.56 333 " 2 22 91.56 334 " 1 22 1012.97 335 to 26 22 1013.81 336 " 25 22 91.56 340 " 21 22 91.56 341 " 20 22 71.68 351 " 37 11 63.09 353 35 11 63.09 354 " 34 11 63.09 355 " 33 11 63.09 357 " 31 11 63.09 358 30 11 63.09 359 " 29 11 63.09 360 " 28 11 63.09 361 " 27 11 63.09 362 " 26 11 63.09 363 " 25 11 63.09 370 " 18 10 63.09 371 " 17 10 63.09 372 " 16 10 63.09 373 " 15 10 63.09 374 " 14 10 63.09 10- ASST. NO. Description LOT BLOCK AMOUNT 375 E1 Segundo Sheet No. 1, Maps; Book 18, Page 69 13 10 63.09 376 " 12 10 63.09 377 11 10 63.09 378 " 10 10 63.09 380 8 10 63.09 381 H 7 10 63.09 384 " 4 10 63.09 385 " 3 10 63.09 386 " 2 10 63.09 387 " 1 10 63.09 388 " 13 25 63.09 389 " 12 23 65.09 390 " 11 23 63.09 391 " 10 23 63.09 393 " 8 23 63.09 394 " 7 23 63.09 395 " 6 23 63.09 398 " 3 25 63.09 399 " 2 23 63.09 400 " 1 23 99.80 402 Tract No. 1826, Maps; Book 219 Page 93 23 70.28 403 E1 Segundo Sheet No. 39 Maps; Book 20, Pages 229 23 22 42 63.09 404 " 21 42 63.09 409 E1 Segundo Sheet No. 1, Maps; Book 18, Page 69 26 23 63.09 410 " 25 23 63.09 415 '' 20 23 63.09 416 " 19 23 63.09 417 ^ 18 23 63.09 423 " 39 10 63.09 424 " 38 10 63.09 11» ASST. c� NO. Description LOT BLOCK AMOUNT 425 E1 Segundo Sheet No. 1, Maps; Book 18, Page 69 37 10 63.09 426 " 36 10 63.09 427 " 35 10 63.09 428 " 34 10 63.09 429 " 33 10 63.09 430 " 32 10 63.09 431 " 31 10 63609 432 " 30 10 63.09 433 29 10 63.09 434 " 28 10 63.09 435 " 27 10 63.09 436 26 10 63.09 437 " 25 10 63.09 438 " 24 10 63.09 442 20 9 63.09 443 " 19 9 63.09 444 " 16 9 63.09 445 17 9 63.09 446 " 16 9 63.09 447 " 15 9 63.09 448 14 9 63.09 449 " 13 9 63.09 450 " 12 9 63.09 451 " 11 9 63.09 452 " 10 9 63.09 453 " 9 9 63.09 454 " 8 9 63.09 455 " 7 9 63.09 456 " 6 9 63.09 457 " 5 9 63.09 458 " 4 9 63.09 12— ASST. NO. Description LOT BLOCK AMOUNT 459 E1 Segundo Sheet No. 1, Maps; 3 9 A, 63.09 Book 18, Page 69 460 " 2 9 63.09 461 " 1 9 63.09 470 " 11 24 63.10 471 " 10 24 63.10 474 " 7 24 63.10 475 " 6 24 63.10 478 3 24 63.10 479 " 2 24 52.99 480 " 1 24 22.60 485 El Segundo Sheet No. 3, Maps; Book 20, Pages 22,23 12 44 56.94 486 " 13 44 56.94 487 Tract No. 1826, Maps; Book 21, Page 93 37 943.10 488 " 38 914.63 490 E1 Segundo Sheet No. 3, Maps; Book 20, Pages 22923 15 44 28.47 491 0 16 44 28.47 493 ^ 18 44 28.47 494 " 19 44 28.47 499 " 24 44 28.47 502 ^ 15 43 28.47 503 " 16 43 28.47 504 " 17 43 28.47 505 " 18 43 28.47 506 " 19 43 28.47 507 " 20 43 28.47 508 " 21- 43 28.47 509 " 22 43 28.47 510 " 23 43 28.47 511 " 24 43 914.63 520 E1 Segundo Sheet No. 3, Maps; Book 20, Page 23 33 43 28.47 Tota1$359243.05 13- AND, WHEREAS, the total or aggregate amount of said assessment$ so unpaid is the sum of Thirty Five Thousand Two Hundred Forty Three and 05/100 Dollars ($35,243.05), and it is so found to be by this Board; NOW, THEREFORE, in consideration of the fore- going promises, the Board of Trustees of the City of E1 Segundo, California do further resolve, declare, de- termine and order as follows: SECTION 1. That bonds shall b:e issued upon the security of the said unpaid assessments to said amount of Thirty Five Thousand Two Hundred Forty Three and 05/100 Dollars ($35,243.05), in accordance with the provisions of said "Improvement 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 "Improvement Bond Act of 1915 ", and amendments thereto, anal urder 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 one hundred twenty in number; shall be dated the 24th day of September, A. D., 19260 being the date of the adoption of this resolution, and shall bear interest at the rate of seven per cent per annum from the 3d day of September, 1926, 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 re- quired to be attached thereto, with their respective numbers and dates of maturity, are as follows: 14- E •J � SERIES NUMBER DENOMI- NATION AMOUNT OF FIRST INTEREST COUPON AMOUNT OF DATE. OF SEMI - ANNUAL, MATUR- INTEREST ITY COUPON "A" under Resolu- July 2, 1929 2 500.00 46.76 tion of Intention July 2, 1929 3 500.00 46.76 No. 118 1 $1000.00 $93.53 $35.00 July 20 1928 2 500.00 46.76 17.50 July 2, 1928 3 500.00 46.76 17.50 July 29 1928 4 500.00 46.76 17.50 July Z, 1928 5 250.00 23.39 8.75 July 2, 1928 6 250. 00 23.39 8.75 Jnly 2, 1928 7 100.00 9.35 3.50 July 2, 1928 8 100.00 9.35 3.50 July 20 1928 9 100.00 9.35 3.50 July 2, 1928 10 100.00 9.35 3.50 July 20 1928 11 100.00 9.35 3.50 July 2, 1928 12 24.30 2.27 .85 July 20 1928 "B" under Resolu- tion of Intention No. 118 1 1000.00 093.53 $35.00 July 2, 1929 2 500.00 46.76 17.50 July 2, 1929 3 500.00 46.76 17.50 July 2, 1929 4 500.00 46.76 17.50 July 2, 1929 5 250.00 23.39 8.75 July 20 1929 6 250.00 23.39 8.75 July 2, 1929 7 100.00 9.35 3.50 July 21 1929 8 100.00 9.35 3.50 July 2, 1929 9 100.00 9.35 3.50 July 20 1929 10 100.00 9.35 3.50 July ?., 1929 11 100.00 9.35 3.50 July 2, 1929 12 24.30 2.27 .85 July 2, 1929 "C" under Resolu- tion of Intention No. 118 1 1000.00 $93.53 $35.00 July 2, 1930 2 600.00 46.76 17.50 July 20 1930 3 500.00 46.76 17.50 July 20 1930 4 500.00 46.76 17.50 July 29 1930 5 250.00 23.39 8.75 July 2, 1930 6 250.00 23.39 8.75 Jaly 2, 1930 7 100.00 9135 3.50 July 20 1930 8 100.00 9635 3.50 Jaly 20 1930 9 100.00 9.35 3.50 July 20 1930 10 100.00 9135 3.50 July 29 1930 11 100.00 9.35 3.50 July 2, 1930 12 24.30 2.27 085 July 2, 1930 "D" under Resolu- tion of Intention No. 118 1 $1000.00 $93.53 $35.00 July 2, 1931 2 500.00 46.76 17.50 July 2, 1931 3 500.00 46.76 17.50 July 2, 1931 4 500.00 46.76 17.50 July 2, 1931 5 250000 23.39 8.75 July 2, 1931 6 250.00 23.39 8.75 July 29 1931 7 100.00 9135 3.50 July 29 1931 8 100.00 9.35 3.50 July 29 1931 9 100.00 9.35 3.50 July 2, 1931 10 100.00 9.35 3.50 July 2, 1931 11 100.00 9135 3.50 July 2, 1931 12 24.30 2.27 .85 July 2, 1931 15- SERIES NUMBER DENOMI- NATION AMOUNT OF AMOUNT OF FIRST SEMI- ANNUAL INTEREST INTEREST COUPON COUPON DATE OF MATU R- ITY "E" under Resolu- July 2, 1933 2 500.00 46.76 tion of Intention July 29 1933 3 500.00 46.76 No. 118 1 $1000.00 $93.53 $35.00 July 20 1932 2 500.00 46.76 17.50 July 2, 1932 3 500.00 46.76 17.50 July 29 1932 4 500.00 46.76 17.50 July 2, 1932 5 250.00 23.39 8.75 July 21 1932 6 250.00 23.39 8.75 July 2, 1932 7 100.00 9.35 3.50 July 29 1932 8 100.00 9135 3150 July 2, 1932 9 100.00 9.35 3150 July 29 1932 10 100.00 9.35 3.50 July 29 1932 11 100.00 9.35 3.50 July 2, 1932 12 24.30 2.27 .85 July 29 1932 "F" under Resolu- tion of Intention No. 118 1 $1000.00 $93.53 $35.00 July 2, 1933 2 500.00 46.76 17.50 July 29 1933 3 500.00 46.76 17.50 July 21 1933 4 500.00 46.76 17.50 July 20 1933 5 250.00 23.39 8.75 July 2, 1933 6 250.00 23.39 8.75 July 20 1933 7 100.00 9.35 3150 July 2, 1933 8 100 00 9.35 3.50 July 2, 1933 9 100f00 9.35 3.50 July 29 1933 10 100.00 9.35 3.50 July 29 1933 11 100.00 9.35 3.50 July 2, 1933 12 24.30 2.27 .85 July 20 1933 "G" under Resolu- tion of Intention No. 118 1 ?1000.00 $93.53 $35.00 July 2, 1934 2 500.00 46.76 17.50 July 20 1934 3 500.00 46.76 17.50 July 2, 1934 4 500.00 46.76 17.50 July 2, 1934 5 250.00 23.39 8.75 July 29 1934 6 250.00 23.39 8.75 Jaly 29 1934 7 100.00 9.35 3.50 July 2, 1934 8 100.00 9.35 3.50 July 29 1934 9 100.00 9.35 3.50 July 2, 1934 10 100.00 9.35 3.50 July 2, 1934 11 100000 9.35 3.50 July 29 1934 12 24.30 2.27 .85 July 29 1934 "H" under ReaDlu- tion of Intention No. 118. 1 $1000.00 $93.53 $35.00 July 29 1935 2 500.00 46.76 17.50 July 2, 1935 3 500.00 46.76 17.50 July 22 1935 4 500.00 46.76 17.50 July 2, 1935 5 250.00 23.39 8.75 July 20 1935 6 250.00 23.39 8.75 July 2, 1935 7 100.00 9.35 3.50 July 29 1935 8 100000 9135 3.50 July 29 1935 9 100000 9.35 3.50 July 21 1935 10 100.00 9.35 3.50 July 29 1935 11 100.00 9.35 3.50 July 20 1935 12 24.30 2.27 July 2, 1935 .85 16-• e SERIES NUMBER DENOMI- AMOUNT OF AMOUNT OF DATE OF NATION FIRST SEMI - ANNUAL, MATUR- INTEREST INTEREST ITY COUPON COUPON "I" under Resolu- tion of Intention No. 118 1 x$1000.00 $93.53 $35.00 July 2, 1936 2 500,00 46.76 17.50 July 2, 1936 3 500.00 46.76 17.50 July 2, 1936 4 500.00 46.76 17.80 July 29 1936 5 250.00 23.39 8.75 July 2, 1936 6 250.00 23.39 8.75 July 20 1936 7 100.00 9.3b 3.50 July 2, 1936 8 100.00 9135 3.50 July 2, 1936 9 100.00 9.35 3.50 July 21 1936 10 100.00 9.35 3.50 July 2, 1936 11 100.00 9.35 3.50 July 2, 1936 12 24.30 2.27 .85 July 29 1936 "J" under Resolu- tion of Intention No. 118 1 x$1000.00 $93.53 $35.00 July 20 1937 2 500.00 46.76 17.50 July 29 1937 3 500.00 46.76 17.50 July 21 1937 4 500.00 46.76 17.50 July 20 1937 5 250.00 23.39 8.75 July 2, 1937 6 250.00 23.39 8.75 July 2, 1937 1 100.00 9.35 3.50 July 2, 1937 8 100.00 9.35 3.50 July 2, 19 37 9 100.00 9.35 3.50 July 2, 1937 10 100.00 9.35 3.50 July 2, 1937 11 100.00 9.35 3.b0 July 29 1937 12 24.38 2.27 `.85 July 29 1937 SECTION 2. That said bonds shall oe issued in series, and the assess®etLts remaining unpaid at the date hereof, as hereinabove determined by said Board of Trustees (City Council) of said city, together vdth 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 assessmamt coming due in any year, together with the anmxal interest thereon, shall in turn be payable in installments 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, sad bear the same proportionate penalties after delinquency. That said bonds shall be signed by the Treasurer of said City of E1 Segundo, and countersigned by the City Clerk thereof, who shall affix thereto the official seal 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 foxan set forth in said "Improvement Bond Act of 1915 ". The interest coupons attaohed to each of said bonds and evidencing the interest to accrue thereon shall be numbered consecutively, and shall be substantially in the following fo mn, to -vdt: EL SEGUNDO, CAL. The sum of Dollars is payable to bearer at e Effioe o?-the City Treasurer 2nd, out of improvement on d, Series for semi - annual interest on Street Improvement Bond No. City Treasurer. SECTION 3. That the City Clerk of said city be gnd he is hereby authorized and directed to deliver forth- with the bowls hereinbefore enumerated to Municipal Bond Company, of Los Angeles, California, assignee of the contractor, R. A. Watteon, 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 resolu- tion; shall cause the same to be entered in the Book of Resolutions 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 vhich the same is passed and adopted. PEE! Passed, approved and adopted this 24th day of September, A. D., 1926. 2:2LE�4 President of the Board of Trustees of the Dity of El Segundo, Califo raia. 0 ��� (SEAL) STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) SS. CITY OF EL SEGUNDO } I. Victor D. McCarthy, City Clerk of the City of E1 Segundo, California, do hereby certify that the whole number of members of the Board of Trustees of the said city is live; that the foregoing resolution, being Resolution No. 147 * 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 24th day of September, 1926, and that the same was so passed and adopted by the following vote: AYES: TRUSTEES Cannon, Gerow, Krimmel, Love and Binder. ; NOES: TRUSTEES None. ABSENT: TRUSTEES None. , ity Clerk. of he of Xl Segundo, (SEAL) California, 19-