Resolution 01528RESOLUTION NO.
IN THE MATTE. )2 TEE ACQUISITION AND IMPROVEMENT,"
DISTRICTED. 3 OE 'SIFT IY 02 L0 JA
RESOLtiTION end
RDER THE
iSUANCE 02 BONDS
WHEREAS, on January 21, 1930, this City Council adopted its Resolution
of Intention to order Certain work to be done and improvements to be made in the
above-entitled matter, under and pursuant to the provisions of the Acquisition
and ImproVement Act of 1925, reference being hereby expressly made to said Reso-
lution of Intention for further partieulars; 5nd
MICREAS, said work has been done, and declaration of completion filed and
a hearing held thereon after notice, all in accordance with the provisions of sec-
tions 23 and 24 of said Aot; and said work having been accepted by this Council, now,
therefore, it is hereby
RESOLVED AND ORDERED that upon the expiration of twenty days from the
gate of said final order of acceptance, the clerk of this Council shell transmit to
the Tteaaurer an attested oopy of said final order, upon the receipt of which the
Treasurer shall proceed to issue bonds in the amount of TWENTY-NINE THOUSAND TINE
HUNDRED iTI2TY and 03/100 DOLLARS ($29,550.03), being the :principal sum for whioh
bonds ere to be issued es the same is stated in said final order accepting the work.
Said bonds shell be dated August 19, 1930, being the date when said fined order Das
made, and their denomination and respective times of paument shall be as follows:
Twenty (20) bonds of 0.,000 sechs payable one bond each year in numerical
order, commencing With the lowest number, on August 19, 1931, &ad one more of the
next higher number on the some day of each and every year thereafter until August
19, 1950, both dates inclusive; also
Nineteen (19) bonds of '41:500 each, payable one bond each year in numerical
order, commencing with the lowest number, on August 19, 1931, and one more of the
next higher number on the same day of each and every year thereafter until August 19,
1949, both date a inclusive; also
One (1) bond of .50.03 on August 19, 1950.
Said bonds shall be substantially in the following form, to-wit:
C,01 ITION AND Ili:MOMENT 1)1222102
Acquisition and improvement District No. Three of the City of
Alameda, State of California.
Bond ..
Series 4
Under end by virtue of en not of the Legislature of the State
of California, known as the "Acquisition and Improvement Act of
1925, the City of Alameda, State of California, will pay to the
bearer, out of the fund hereinafter designated, at the office of
the treasurer of said city, on the 19th day of August, 15.....,
the 202 of in gold coin of the
United States of America, with interest thereon in like gold coin
at the, rate of six (5) per cent per annum, payable semi-annually
on the second day of January and the second day of July in each
year from the date hereof (except that the first interest payment
will be made on the second day of January next succeeding one year
after the date of this bond and the last installment of interest
payment w111 be paid et the maturity of this bond) upon the pre-
sentation and surrender, as they respectively become due, of the
proper interest coupons hereto attached, tha first of which la for
interest from the date hereof to the second day of January neott
succeeding one year after the date of this bond, and the last for
interest tc the mnturity hereof from the last preceding date of
interest payment.
This bond is issued under and in conformity with the pro-
visions of the above-mentioned "Acquisition and Improvement kot
of 1925" and is one of a series of bonds to be issued to repre-
sent nr 8)(10511202 of certain public improvements authorized by
the provisions of said act end comprehended in the proceedings
had for the above-named district. 'It is hereby certified, recited
end declared that ell proceedings, acts end things required by
law precedent to or in the issuance of this bond have been reg-
ularly had, done and performed, end this bond is by low made eon-
elusive evidence thereof.
This bond is payable out of the "Acquisition ilad Improvement
District No. 3 of the City of Alameda interest and sinking fund"exa
elusively, as the said fund appears upon the books of the treasurer
of said city and neither said city nor any officer thereof shall be
holden for its payment otherwise; but in accordance with the pro-
visions of said act a special assesement tax will be levied and
collected upon the lands in said district in an amount clearly suf-
ficient to pay the principal and interest of said bonds an the same
shall become payable.
In witness whereof the city council of thn said city has caused
this bend to be signed by thn treasurer of said city and the aeal
of the' city council of said city to be affixed this 19th day of
August, 1930.
000owevayego.41..O40oCwo.60.e....****.000..0
Treasurer of the City of Alameda,
State of California.
( 'BEAL)
Said bond shall be designated as of one series, to wit, Series "A".
They shall be signed by the treasurer of said city, and shall have the seal of
this city council affixed thereto.
The intereat coupons attached to eaid bonds shall be substantially in
the following form, to wit;
Number .........
INTEREST 000I0N
City of Alameda, California.
The sum of is pey-
able to the besrer at the office of the city treasurer,.............,
19........., out of the "Acquisition and Improvement District No. 3
of the City of Alameda interest and sinking fund Series 'A", as the
interest due on Bond ......, to which this coupon was attached.
........................................
Treasurer of the City of Alameda.
The interest peyments on said bonds shall be payable January 2nd and
July 2nd of each year, except that the first interest payment shall be made on
January 2nd, 1932, and the last interest payment et the maturity of said bonds.
Said interest coupons shall be signed by paid treasurer, by his
written or engraved facsimile signature.
It is hereby ordered that a certified copy of this resolution be
trensmitted to the city treasurer of the City of Alameda
I, the undersigned, hereby certify that the foregoing Resolution was
duly and regularly introduced and adopted by the Council of the City of Alameda,
in regular meeting assembled on the 2nd day of September, 1930, by the following
vote, to-wit:
AYES: Councilmen Drodersen, Calcutt, Henning, Latham and Rresident
Schaefer, (5).
301S: None ABSENT: None.
IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed the
offieial seal of said city this 3rd day of September, 1930.
J. E. VeRGOB,
(Seal of the City of Alameda) y ei af the Cita; of Al aeTT
I hereby certify that the foreaoing is a full, true and correct copy
of "RESOLUTIC3 NO. 1529 - IN Tar. MATTER 07 THE: ACWISITICN a:JT) IMITWV311EN1
DIS3RICT 30. 3 0;'? THO CITY 07 LA ED - RESOLUTICe3 ei3C ORDER fOR THE ISSUANCE
OP BONDS", passed by the Council of the City of Alameda in regular meeting as-
sembled on the 2nd day of September, 1930.
Fre-art. y