ORDINANCE 384ORDINANCE NO. 384
f AN ORDINANCE OF THE CITY OF EL SEGUNDO,
CALIFORNIA, PROVIDING FOR THE ISSUANCE
OF BONDS OF SAID CITY IN THE AMOUNT OF
$100,000.
WHEREAS, pursuant to Ordinance No. 342 of the City of E1
Segundo, California, a special municipal election was duly and re-
gularly held in said city on the 14th day of December, 1948, at which
election there was submitted to the qualified voters of said city the
following bond proposition, to wit:
and
BOND PROPOSITION: Shall the City of El Segundo incur
a bonded indebtedness in the principal sum of nine hundred
fifty thousand dollars ($950,000) for the acquisition and
construction of a certain municipal improvement to wit: ad-
ditions to and extensions and improvements of the water works
system of said city, said additions, extensions and improve-
ments to consist of the acquisition and construction of water
storage facilities, the acquisition and construction (including
the reconstruction) of wells, water mains, pipe lines, pumps
and pumping equipment and appurtenances, and the construction
of all buildings necessary for the storage and housing of water
works equipment and supplies, including the acquisition of all
land, rights of way, pumps, equipment, apparatus, pipe, material,
works, and property necessary for said improvement?
WHEREAS, said proposition received the affirmative vote and
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assent of more than two - thirds of all of the qualified voters of said city
voting at said election, and said City is now authorized to issue bonds
in the amount and for the purpose set forth in said proposition; and
WHEREAS, $650,000 of said bonds designated WATERWORKS BOND,
ELECTION 1948, SERIES 1, and $100,000 of said bonds designated WATERWORKS
BOND, ELECTION 1948, SERIES 2, have heretofore been issued and sold;
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NOW, THEREFORE, the City Council of the City of El Segundo
DOES ORDAIN AS follows:
Section 1. That bonds of the City of E1 Segundo, California,
in the principal sum of one hundred thousand dollars ($100,000) be is-
sued and sold for the purpose set forth in the bond proposition in the
recitals hereof. Said bonds shall be designated WATERWORKS BOND, ELECT-
ION 1948, SERIES 3, shall be one hundred (100) in number, numbered 1 to
100, inclusive, and shall be of the denomination of $1,000 each. Said
bonds shall be dated May 1, 1951, and shall be payable in consecutive
numerical order, $5,000 on May 1 in each of the years 1952 to 1971, both
inclusive.
Said bonds shall bear interest at a rate to be hereafter fixed
by resolution, but not to exceed five per cent (5 %) per annum, payable
semiannually on the first days of May and November of each year. Said
bonds and the interest thereon shall be payable in lawful money of the
United States of America at the office of the City Treasurer of the City
of El Segundo, in the City of El Segundo, California.
Section 2. That the Mayor of the City of El Segundo and the
City Treasurer of said City are hereby authorized and directed to sign
all of said bonds by their printed, lithographed or engraved facsimile
signatures, and the City Clerk of said City is hereby authorized and
directed to countersign said bonds and to affix thereto the corporate
seal of said City, and the City Treasurer of said City is hereby author-
ized and directed to sign the interest coupons of said bonds by his printed,
lithographed or engraved facsimile signature, and to number said interest
coupons of each of said bonds consecutively.
Section 3. That said bonds and the coupons for the interest
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thereon shall be issued in substantially the following form:
` UNITED STATES OF AMERICA
STATE OF CALIFORNIA
CITY OF EL SEGUNDO
WATERWORKS BOND
ELECTION 1948
SERIES 3
No. $1,000.00
THE CITY OF EL SEGUNDO, a municipal corporation situated in the
County of Los Angeles, State of California, FOR VALUE RECEIVED, here-
by acknowledges its indebtedness and promises to pay to the bearer
hereof the sum of ONE THOUSAND DOLLARS ($1,000.00) on the first day
of May, 19 , with interest thereon at the rate of
per cent ( %) per annum, payable semiannually on the first
days of May and November of each and every year from the date hereof
until this bond is paid, on presentatgon and surrender of the respect-
ive interest coupons hereto attached. Both principal and interest are
payable in lawful money of the United States of America at the office of
the City Treasurer of said City in said City.
This bond is issued by the CITY OF EL SEGUNDO under and in pur-
suance of and in conformity with the provisions of Article 1, Chapter
4, Division 4, Title 4 of the Government Code of the State of Califor-
nia, and acts supplementary thereto, and in pursuance of the laws and
Constitution of the State of California, and is authorized by a vote
of more than two - thirds of all the qualified voters of said City of
El Segundo voting at an election duly and legally called, held and con-
ducted in said city on the 14th day of December, 1948.
IT IS HEREBY CERTIFIED, RECITED AND DECLARED that all acts, con-
ditions and things required by law to exist, happen and be performed
precedent to and in the issuance of this bond have existed, happened
and been performed in due time, form and manner as required by law,
and that the amount of this bond, together with all other indebted-
ness of said City, does not exceed any debt limit prescribed by the
laws or Constitution of the State of California.
IN WITNESS WHEREOF, said City of E1 Segundo has caused this bond
to be signed by the Mayor and the City Treasurer of said City by their
facsimile signatures, countersigned by the City Clerk of said City,
and sealed with the corporate seal of said City, and the interest
coupons hereto attached to be signed by the City Treasurer by his fac-
simile signature, and has caused this bond to be dated the first day
of May, 1951.
COUNTERSIGNED:
City Clerk of the City
of El Segundo, California
(SEAL)
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_ (facsimile signature)
Mayor of the City of
El Segundo, California
(facsimile signature)
City Treasurer of the City of
El Segundo, California.
2515
(COUPON FORM)
On the first day of
the CITY OF EL SEGUNDO, California, , 19
will pay to the bearer at the office of
the City Treasurer of said City, in said
city, the sum of COUPON NO.
DOLLARS ( in lawful money of the
United States of America, being the semi-
annual interest then due on
WATERWORKS' BOND, ELECTION 1948, SERIES 3, NO.
dated May 1, 1951
(facsimile signature)
City Treasurer of the City
of El Segundo, California
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Section 4. That the proceeds of the sale of said bonds
shall forthwith be turned over to and placed in the municipal treasury
of the City of El Segundo to the credit of a fund heretofore created
and designated t1WATERWORKS BONDS, ELECTION 1948, CONSTRUCTION FUND,tt
and the moneys in said fund shall be applied exclusively to the
acquisition and construction of the municipal improvement described in
the bond proposition in the recitals hereof.
Section 5. That for the purpose of paying the principal
and interest of said bonds, the City Council of the City of E1 Segundo
shall, at the time of fixing the general tax levy, and annually there-
after until said bonds are paid or until there is a sum in the treasury
of said City set apart for that purpose sufficient to meet all payments
of principal and interest on said bonds as they become due, levy and
collect a tax sufficient to pay the interest on such indebtedness as it
falls due and such part of the principal thereof as will become due be-
fore the proceeds of a tax levied at the next general tax levy will be
available. Said tax shall be in addition to all other taxes levied for
municipal purposes and shall be levied and collected as other city taxes,
and shall forthwith be turned over and paid into a fund of the City of
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El Segundo to be known as 111948 ELECTION WATER1WORKS BONDS, SERIES 3,
INTEREST AND REDEMPTION FUND." Said fund shall be used for no other
purpose than the payment of said bonds and interest thereon.
Section 6. That the City Clerk shall certify to the
passage and adoption of this ordinance by a vote of more than two -
thirds of all the members of the City Council of said City, and shall
cause this ordinance to be published once in the EL SEGUNDO HERALD, a
weekly newspaper of general circulation in said city.
Section 7. This ordinance shall take effect thirty
(30) days after its passage.
ADOPTED, SIGNED AND APPROVED this 21st day of March,
1951.
ATTMT :
Victor D. McCarth
City Clerk of the City of
El Segundo, California. (SEAL)
By
Deputy
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES) SS.
CITY OF EL SEGUNDO )
Mayor of the City of
El Segundo, Califortifa.
I, VICTOR D. McCARTHY, City Clerk of the City of E1 Segundo,
California, DO HEREBY CERTIFY that the foregoing ordinance was introduced
at a regular meeting of the City Council of said City, duly held on the
14th day of March, 1951, and thereafter at a regular meeting of said City
Council, duly held on the 21st day of March, 1951, was re -read, duly passed
and adopted by said City Council, and signed and approved by the Mayor of
said City, and that said ordinance was passed and adopted by a vote of more
than two - thirds of the members of said City Council, to wit:
AYES: Councilmen Gordon, Swanson, Thompson and
Mayor Selby
NOES: Councilmen None.
ABSENT: Councilman Peterson
Victor D. McCarthy
City Clerk of the City of El Segundo,
(SEAL) California.
By
Deputy
52
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STATE OF CALIFORNIA, )
COUNTY OF LOS ANGELES,) SS.
CITY OF EL SEGUNDO. )
I, Victor D. McCarthy, City Clerk of the City of El Segundo,
California, do hereby certify that the whole number of members of the
City Council of the said City is five; that the foregoing ordinance,
being Ordinance No. 384, is a full, true and correct copy of Ordinance
No. 384 of the said City of El Segundo, California, entitled:
"AN ORDINANCE OF THE CITY OF EL SEGUNDO, CALIFORNIA,
PROVIDING FOR THE ISSUANCE OF BONDS OF SAID CITY IN
THE AMOUNT OF $100,000.11
which was duly 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 a regular meeting of the said Council held on the 21st day
of March, 1951, and that the same was so passed and adopted by the follow-
ing vote:
AYES: Councilmen Gordon, Swanson, Thompson and
Mayor Selby
NOES: Councilmen None
ABSENT: Councilman Peterson
I do hereby further certify that pursuant to the provisions
of Section 36933 of the Government Code of the State of California, that
the foregoing Ordinance No. 384 was duly and regularly published according
to law and the order of the City Council of said City in the El Segundo
Herald, a weekly newspaper of general circulation, printed, published and
circulated within the said City and that the same was so published therein
on the following date, to -wit: March 29, 1951•
VICTOR D. McCARTHY
City Clerk of the City of
El Segundo, California.
By
Deputy
(SEAL)
M
Affidavit of Publication
STATE OF CALIFORNIA, 1
COUNTY OF LOS ANGELES, } ss.
CITY OF EL SEGUNDO, J
....(* %-* 14A- TQ ti041 ........ ...........................being first duly sworn, deposes and says: That
he is, and at all of the times hereinafter mentioned was, a citizen of the United States of America,
over the age of eighteen years, and a resident of the County of Los Angeles, State of California; that he
was, at, and during all of the time of -the publication of the instrument hereunto attached the......
............................................................................. ...............................
Editor of EL SEGUNDO HERALD, a newspaper of general circulation, published and circulated weekly in
the City of El Segundo, do said County and State; that said newsapaper has been so published and
circulated at regular intervals of one week for more than one year immediately preceding the
publication of the instrument hereunto annexed; that said newspaper 3s, and was, at all of the times here-
in mentioned, a newspaper of general circulation within the meaning of Section 4460 of the Political
Code of the State of California; that as provided by said section, said newspaper is published for the
dissemination of local or telegraphic news and intelligence of a general character, having a bona fide
subscription list of paying subscribers; that said newspaper -is not and was not at any of the times herein
referred to, devoted to the interests, or published for the entertainment or instruction of a particular
class, profession, trade, calling, race or denomination, or for any number of such classes, professions, trades,
callings, races or denominations, and that said newspaper is not devoted to or published for, nor was it
at any of the times herein mention devoted to or published for the purpose, whether avowed or
otherwise, of entertaining or instructing such classes, professions, trades, callings, races or denominations,
or any of such classes, professions, trades, callings, races or denominations.
That the notice, order, ordinance, resolution or instrument hereunto attached on page....... numbered
..... '. q .. !.." .............................................................. ............................... .
hereof in all respects, including subject matter, and size and arrangement of type, is a full, true and
correct copy of the said notice, ordinance, resolution or instrument, in words and figures exactly as
published; that the same was set and printed in type not smaller than nonpareil and that the body of
the same was preceded with words printed in black -face type not smalle r than nonpareil, describing
and expressing in general terms the purpose and character of the notice, order, ordinance, resolution
or instrument intended to be published, as will appear from an inspection of the said annexed instru-
ment; that the.. 0raj mcka - No... 2 84 ............................ ...............................
of which the annexed is a printed copy as hereinabove stated, was published and printed in said
newspaper at least. PAO ...... week...., by ................**Zs&M% publication...., commencing on the
2.9th .... day of .][arch ................... A. D. 19.53., and ending on the ... 29:6h ......... day of
MaIMIL .....................A. D. 19.51., and as often during said time as said newspaper was regu-
larly issued ........... ...............................
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Subscri d and sworn to before me this � 6 ;. /7� .
day of , A. D. 19 S �.
...��i. . ..... ..
City Clerk of the City of El Segundo, County
�jof Los Angeles, State of Cali rnia.
By .......!.`""�4...
Deputy City Clerk of sai City.
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