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CC RESOLUTION 248I : " RESOLUTION NO. 248 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF EL SEGUNDO, CALIFORNIA, OVERRULING AND DENYING ALL PROTESTS AND OBJECTIONS IN THE MATTER OF THE "ACT OF 1927 MUNICIPAL IMPROVEMENT DISTRICT NO. 1 OF THE CITY OF EL SEGUNDO ". ZHEREAS, at the hour and place appointed for a hearing of protests and objections to the formation of "Act of 1927 Municipal Improvement District No. 1 of the City of E1 Segundo" to the extent of the district, or to the proposed improvement, or work, or to the acquiring or construction thereof, or to the inclusion of property in the district, protests and objections were presented and made; and WHEREAS, evidence was taken on the matters stated in the petition filed in this matter and upon the notice of hearing, and the sufficiency of the petition and notice, and the benefit to the lands within the district, and as to the assessed valuation of the land in the proposed district; and VEREAS, a full, fair and impartial hearing has been had in this matter; NOW, THEREFORE, IT IS HEREBY FOUND AND RESOLVED, by the City Council of the City of E1 Segundo that the indebtedness sought to be incurred in this proceeding is not in excess of 25% of the assessed value of the land in the proposed district, and that all protests and ob- jections presented and made be, and the same hereby are, overruled and denied, and that this legislative body be deemed to have acquired jurisdiction to proceed further 1- in said matter in accordance with the provisions of the Municipal Improvement Lot of 1927, as amended. AND, BE IT FURTHER RESOLVED, that the City Clerk shall oertify further to the passage and adoption of this resolution; shall cause the original of the same to be entered in the Book of Resolutions of the said City of E1 Segundo, and shall make a minute of the passage and adoption thereof in the minutes of the proceedings of the City Council of said City of the meeting at which the same is passed and adopted. Passed, approved and adopted this 10th day of September, A. A, 1931. u,a - � City Clerk (SEAL) Mayor of the City of E1 Segundq, Califo rnia. 2- t STATE OF CALIFORNIA, ) COUNTY OF LOS ANGELES, ) SS. CITY OF EL SEGUNDO. ) I. Victor D. McCarthy, City Clerk of the City of E1 Segundo, Califo mia, do hereby certify that the whole number of members of the City Council of the said City is five; that the foregoing resolution, being Resolution No. 248, was passed and adopted by the said City Council, approved and signed by the Mayor of said City, and attested by the City Clerk of said City, all at an adjourned regular meeting of the said Council held on the 10th day of September, 1931. and that the same was so passed and adopted by the following vote: Ayes: Councilmen Binder, Gerow, Krimmel. Selby and Love_ Noes: Councilmen None ; Absent: Councilmen None 0 City Clerk of the City - El Segundo, Calibrnia. (SEAL)