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HomeMy WebLinkAboutReso 1928-248 RESOLUTION NO. 248 . .. ._ * _ xi." .- '' ; a,:` I , q E5r . . ,; ; .,. •l, i =+ a 'a M1 IN TnE iIOTERa'©F _J4).245' " RESQL1PTIONATRANS�ERRRRING ACQUISITION- AND . Rq,VEMENT� ) IIOiq$YS FROM, THE GaEA3 1 . R r'UNIp TO THE IN'TERESW' ` ' DISTRICT NO. 1 ) AND SINKING ttNp „IN' ACQUISITION AID' ILFR09Ei • OF THE , ) MENT •DISTRICT NO: 1 'OF' THE• CITY` OF 'CROLA VISTA. r s•. CITY 'OF ,CHUI.AsfS$A. 4 ) ,WHEREAS, on the /f'�day.,of' October, 1927, this Oity Council. passed and adopted its Resolution in the .above ' entitled matter, •wherein ,and whereby it repolved that it was• its intention, proceeding sunder the provisions of Section 41 ' ,, of the "Acquisition and Improvement 'Aot of '1925, ” after the A .1 completion of the said improtements to be made in' the said Acquisition and Improvement District, and the ,iesuance ofS r bonds therefor, to transfer from the General Fund of the:,,4i:ty . of Chula Vista, or from some other find which may be used for the improvement of streets, to the Interest and Sinking Fund \ to be provided for the payment of the said bonds, various sums until the aggregate thereof amount to the sum of .Four Thousand' Dollars ($4,000,00 ), together with interest on all ' deferred payments at the rate of seven per cent (7%) per annum ' from the date of the said bonds,, the said moneys so to' be trans- ; '' Ny., , e 1 (erred to 'beecapplied. in,thie reduction of the asses`apsentg whicht , i 4, ' J would otherwise be levied and assessed upon the properties con , tained in Zones "I", "J", "K" , "V! , and 9111, and to be divided . pro rata among the said Zones in the ratio, of their- relative .. percentages as fixed for each of the said zones in the Resolu- 3 , ' tion of Intention in the above entitled matter passed and adopted• . on the 18th day of October, 1927, and in reduction of the taxes , and asse'ssments 'Which would otherwise be assessed upon the said Zones respectively; and • ' WHEREAS, the 'said work heal -been completed, and on this day and date, this Council passed and adopted its Resolution' q DICTATED BY��'- ------ o-; . 1 t WRITTEN AND READ BY!:-".:`. i 41 - CHECKED BY..-'!....,, , , S S . 1 It;. I A I b • acceptin4 the same, and ordering. thd issuance of bonds in payment of a portion of the costs of said Work; and ' WHEREAS, th'Ere' is now available in the General Fund sufficient, monesy so- that the transfer -of the said Four , Thousand Dollars :(14,000,.00) can now be made; - 1 • NOW, 'THEREFORE, THE CITY COUNCIL OF THE CITY OF CHULA VISTA, CALIFORNIA, HEREBY RESOLVE AS FOLLOWS: _ That-Four Thousand Dollars ($4,000.00) be, and the same is hereby transferred from the General Fund of the . City of Chula Vista to the Interest and Sinking' Fund of the above numbered Ab taisition and Improvement District, the same- "' , ., : to be used and applied in 'the reduction of the assessments which would otherwise be levied and assessed upon the proper- ties contained-in the said Zones "ITM, "J",, "Eri °4M, and "W', and to be divided pro rata among the said •Zones in the ratio. of their relative percentage as fixed for each of the said 3 Zones in the said Resolution of- Intention, and in reduction of the taxes- and assessme'St8.. which would otherwise be assessed upon the said Zones respectively. Rasaetl and adopted by the said City Council of- the City of Chula Vista, California, this /144 day of June, 1925, by the following vote, to-wit: AYES:, Councilmen jZn t 4-ntet ' Q C o.N a • e/ WOES: Councilmen "it0"t4-e .. <. .r. ABSENT.:. Councilmen /4a-tN-Ct/ lPresiden� of t'+' he"�'ity• ,�o�� thee . City of- Chula Vista, California . I-HEREBY°CERTIFY that the above and foregoing Resolution was, poseed Sd adopted by the City Council of the said city 'of • ChulhAy�es h, at the time and by the, �ote, above statod. .,�k ' l ' ctt, dity Clem o 'the City of thula IN = � v �~ s� � ° : Vista; California, and ex `offioip a^ e ' i ,: ;`may" ' Clerk of the City Council of the,+' , -_ �t -�a„� - - `\�� �w +.�'�?� City of Chula Vista C. -41‘,%11-1 .� q`t 3t\�L \\`' t e ,Ci,;;; -,$,,�it 1.s..‹1 �7 . 2• . ..