HomeMy WebLinkAboutReso 1923-90 RSOLUTION NO 90 E,/ F A , 71.- ,,•., , .. 4. i 747' rA "`T'.""^. �. R I •\ in-."
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n' '' :bf'` e9 irifitl a't-ion of 0n$ T actuaaindt D' Uer a;.e40.1 ana. Eight 0 I.`
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20 ,e s\t' ling .wt�th #p the Five 4Ednared'DR a.:1 adm do 9, S1`,ks'
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bhe �a spouse Ud Vo11ar° ,eenothn t$. ,shall 'b�e,'••aSven •{the, re',�..b II
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26 : a ate^�e�r Ox � r41 o6 i p7u�a't2 / t —
• 2? i'$isnd ed' 1),pa.],ar bonds. annuRi r I ox: 3eargt„ui1—t 1., nd,x aivoitatC
.i'iiie.to Po y ThatYaa d Dbi rs, shall,;h' y4,te ligt. . ...*t ,' ..
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an ,w it�i inin IOU: ThQ'QSaril raD'Q23sa a' fh l?„,;;'&,,paid. tbb'e ,OWS4 .e774 .',
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• tit aaiiii Board `)f 'Traaatee s. hero dbte0„1,11 t t`h'a eelives ., " ..,
30 . onnds,'ii the denom#iiAlOta here.inafte,reatated. 'be 8' 12iteix :et' t"' ,
31 f .
e
-thq,, rate of .120 -per` axptua faint' be .i i ea by said ttt�± ;t{Q 'repr; '
32 42 v =" " S.
93 eeiit� acrd „to. be sold to pay 'the. ooatt,,'t.bwit' 3AQ,Q'k'00• foK• the io-6tt: „.
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R pietioit,siifl a'r•ntbh41;4$ 'of a 3;11114 ;'{{as aii& - ,C•�t' .$ 4,tt ..r•1 Y • �"' • g r v37 -,
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1 and for said City, said serial bonds shall be issued and shall be
2 • payable and shall extend over :the period of years as- follows:
3 One of said bonds shall be paid three years from its date • and one
4 of ' said bonds shall be paid six -years from its date and one of sal.
6 bonds shall be paid' ten years from its. date. -
6 - 'That-said •Board..•of Trustees hereby determines that serial--bond. -
7 in the denominations hereinafter stated, bearing int crest„at the
8 rate of 5 per annum shall be issued by said City to represent
9 and to .be sold td pay the cost, towit $5000.00. for the purchasing
10 Of 'Fire Exthinguishing• apparatus in and for said City, said serial
11 bonds shall be issued and shall be payable and shall extend over
12 the period of years as follows: Two of said bonds shall be of the
13 denomination- of Five Hundred Dollars each and Four of- said bonds
14 shall be 'of—the 'denomination of One Thousand Dollars :each, one of
15 said Five 'Hundred 'Dollar bonds shall be paid one year from its
16 ' date and 'one " trgo •,yenrs.•from. its date' Sd -one of said.
17 One Thousand Dollar bonds shall be paid ffi years s from it
18 date and one thereof 'shall be paid ! years from its date
19 and one thereof shall be paid If- years. from. its date and
20 one thereof 'shall' be paid �. years'from its' date.
21 All of which aforesaid bonds , towit, aggregating $53,000.00
22 were duly authoriied .to be issued and sold by said City in- the
28 amounts aforesaid for the aforesaid purposes by a special electio .
24 held in said City on the 22nd. 'day oY Mai 1923'. And the interest
25 on'-each of said bonds shall become due and payable semi• annually
26 'after their issiiencie , until the whole of the principal and intere-
.27 of all of said bonds are paid.' 'Principal •and interest shall .be
28 payable at the office b'fe the' City Treasurer -in the City of Chula
29 Vista ; California..l1 of 'said -bonds shall be signed -by the Exec:).
"tive of the 'City of Chula Vista, towit, the President of the Soar.
31 of Trustees of said City, tue Treasurer of said, City'and Counter
32 signed by the Clerk of said City: - The Coupons an all of said bo .d
33 shall be numbered consecutively respe tV41-and signed by the
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• 1 !:re astirep of s&id City'. .'Said `bondys' shall be sold at publio' or < ri- ``•'
' t �,,,.4s -3' , ♦ ,
2" gate sale `lift -fdr not less thane their•per value;x snd the.noceeds , •
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. 3 , of said boii[ds shall be placed in the treasury' •of said, City, to,
• : 4. 1 the •ere dit• of *-the.respedtive =funds which shaiX be create 'to repr
,tip •_ '
. 5 , sent; apd• 'receive the proceeds of the sale of aatd hond4 4r 'the e
if, respeet4ve purposes as so, voted and herein' stated• and shall bee
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7 applie_$"„exc' iip.iuely, to the •purposes an ,ob jeo,ti', 4ntione 4""t•'i_
• 8 Ordinance No. 97 of- a id City under, which an' election Wks' 4.101:64--,"'
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9- and -said bonds were•'k*Atede '
• 10 ` `.
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12 ,PAS .D idept4d and •Apprkyed by.•the Bakid„.Of 'True*aettw; ,<y_
' 13 ' the)." bty„of .Sl.u1a Vista 4aliforata thfl " ,0574; day o'f ;
1 •♦ 4I y t} "h } , ♦ .
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14 • d 4,I92$',by. the following vote ti'towits t, -.. " .
16- Ayes: =Trueteee £'ir. .Igjvuco-. f t&s (4 .c . °,� ` 's.
16- i Noel: '7ariu.steeer auk✓ , , . ,
17 &bsent; �'rsuteee.,• x.
18 ' Presi'dent' 'of the Bqardvet :rdeteej
19 •�7.� tiLYII�I�wl� 'of the City'• of Chula Vlata,C'eldfOrniat
9�ty: Cler)r of the pity of., 3',
20 Cliwia,;Vista*Cal ifornia. ' . .1 •
21 _I (here y Approve':the f rage ing $esolut,ioath .
day of dune ,I923• '.
,•22
' "Pre pideitt of thbkiBoard of 'Sste�ap
1t :I , ;.� . , the city` of6Cha4a"Ydlit Cg fb .a' rrt �e. ` ,
24,, ' '-States 6a ,•1Qrnia) . ,, ' 4 ''.q . , 7Y._ -
° County. of"",Sa"3r DSeto) :' . s. „' - ° t: . .a• �` ,,. - a, ik ,,,,. r,,
' ' 25 ' city Of S3at• a•'atste, ,' , ..
• 26 13 CxS,�'PincQ1tC•Sty Clei of the City of�C•hula=Qdst"e�;�Ca''ki
' : 17 Ma do-iieie'bj certify that the foregoing BesoLution.,was paele(casiep
2W d d edni141411894erby, the said, Board-Olf '.0 ,t}atee stthe p
• 29 Vote ab'ote 'etate4 r:•,a.
7 . . , ' . , . .42 21.11naLa6 7 ,
t . 'City grk o ' the' City ;of, hula,', .
• • .Vista•, ,Ca]if&rnia. • • # •.
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