HomeMy WebLinkAboutReso 1335-1948266
RESOLUTION NO. 1335
AN ORDER PROVIDING FOR THE ISSUANCE OF STREET IMPROVE~E~NT BQNDS,
PRESCRIBING THE DENOMINATIONS OF SUCH BONDS AND THE INT~EST
COUPONS ATTACHED: RESOLUTION OF INTENTION NO. 1126, MAYFAIR VILLAGE
NO. 2
WHEREAS the City Council of the City of South San Francisco did, on the 1st day of July, 19A6, pass
its resolution of intention No. 1126 for the improvement of certain streets in said resolution of intention mentioned
and described, under and pursuant to the provisions of the PImprovement Act of 1911", and the amendments thereto,
reference to said resolution of intention being hereby expressly made for the description of said work and in said
resolution of intention described and for further particulars; and
~{EREAS the contract for said work for said improv.eMents was duly awarde~ to. L. C. SMITH, and thereafter
was duly 6ompleted to the satisfaction of the Superintendent of Streets of said City, whereupon a diagram and assessment
were made; and
'~HEREAS, after a due notice of the filing of said assessment was given, as provided by law, the said
assessment, was, confirmed by the City Council of the City of South San Francisco and a warrant thereupon was attached
thereto by said Superintendent of Streets after said diagrsm, assessment, and warrant were recorded by said Superintendent
of Streets and then delivered to the c~ntractor in the time, form and manner required by said act; and said warrant having
been returned to said Superintendent of Streets with the Written $tatement of the amount agreed upon said assessment
shown thereon, which statement was signed by said contractor and was thereupon filed by said Superintendent of Streets; and
WHEREAS, on the 6th day of April, 19A8, said Superintendent of Streets filed with the clerk of said City
Council a complete list of all assessments unpaid under said assessment upon respective assessment or diagram numbers
thereon, whereupon said City Clerk duly gave notice of the filing of said list, having fixed the 19th day of April, 19A8,
at the hour of 8:00 o'clock p.m., as the time when interested persons may appear before ~aid City Council and show cause
why bonds should not be issued upon the security of unpaid assessments shown upon said assessment list, said time being
that of a regular meeting of said City Council; and it appearing from the affidavit of Daniel J. Hyland, City Clerk of
said City, which affidavit is now on file in the office of said City Clerk, that ssid notice was posted as required by
law; and it likewise appearing from the affidavit of Myra R. Spangler, now filed in the office of the City Clerk that
said notice was published as required by law; and
WHEREAS, no person has at any time made any objection against the issuance of bonds, it is hereby determined
that the assessments unpaid and the aggregate amount of the sums are as follows:
DIAGRAM AND
ASSESSMENT NO.
AMOUNT OF
UNPAID ASSESSMENT
DIAGRAM AND
ASSESSMENT NO.
AMOUNT OF
UNPAID ASSESSMENT
2
3
$&68.32 50 $468.32
561.97 51 &68.32
561.97 52 &68.32
&68.32 53 ~68.32
&68.32 5& A68.32
~68.32 55 561.92
&68.32 56 561.97
A68.32 57 &68.32
&68.32 58 &68.32
A68.32 59' ~68.32
&68.32 60 A68.32
&68.32 61 &68.32
&68.32 62 561.97
~68.32 63 &68.32
&68.32 6A A68.32
A68.32 65 ~68.32
&68.32 66 ~68.32
A68~32 67 A68.32
&68~32 68 A~8.32
&68.32 69 &68.32
£68.32 70 &68.32
~68.32 71 &68.32
~68.32 72 &68~32
&68.)2 73 561.97
561.97 7~ 561.97
561.97 75 &68.32
&68.32 76 &68.32
~68.32 77 &68.32
A68.32 78 A68,32
&68.32 79 ~68.~2
&68.32 80 ~68.32
&68i32 81 A68.~2
~68.32 82 &68.32
&68.32 83 &68.32
561.97 RA /,A~
~W{EREAS, on the 6th day of April, 1948, said Superintendent of Streets filed with the clerk of said City
Council a complete list of all assessments unpaid under said assessment upon respective assessment or diagram numbers
thereon, whereupon said City Clerk duly gave notice of the filing of said list, having fixed the 19th day of April, 1948,
at the hour of 8:00 o'clock p.m., as the time when interested persons may appear before ~aid City Council and show cause
why bonds should not be issued upon the security of unpaid assessments shown upon said assessment list, said time being
that of a regular meeting of said City Council; and it appearing from the affidavit of Daniel J. Hyland, City Clerk of
said City, which affidavit is now on file in the office of said City Clerk, that said notice was posted as required by
law; and it likewise appearing from the affidavit of Myra R. Spangler, now filed in the office of the City Clerk that
said notice was published as required by law; and
~HEREAS, no person has at any time made any objection against the issuanee of bonds, it is hereby determined
that the assessments unpaid and the aggregate amount of the sums are as follows:
DIAGRAM AND
ASSESSMENT NO.
AMOUNT OF
UNPAID ASSESSMENT
DIAGRAM AND
ASSESSMENT NO.
AMOUNT OF
UNPAID ASSESSMENT
~ $&68.32 50 $&68.32
2 561.97 51 468.32
3 561.97 52 468.32
4 468.32 53 468.32
5 468.32 54 468.32
6 468.32 55 ~61.~
7 468.32 56 561.97
8 &68.32 57 468.32
9 468.32 58 468.32
10 &68.32 59'~ 468.32
11 468.32 60 468.32
12 468.32 61 468.32
13 468.32 62 561.97
iA 468.32 63 468.32
15 &68.32 64 &68.32
16 468.32 65 &68.32
17 468.32 66 &68.32
18 468~.32 67 468.32
19 468~2 68 458.32
20 468.32 69 468.32
21 &68.32 70 468.32
22 468.32 71 &68.32
23 468.32 72 &68,32
24 468.52 73 561.97
25 561.97 7& 561.97
26 561.97 75 468.32
27 468.32 76 468.32
28 ~68.32 77 468.32
29 468.32 78 &68.32
30 468.32 79 468.32
31 468.32 80 468.32
32 468132 81 468.32
33 468.32 82 &68.32
34 &68.32 83 468.32
35 561.97 8& 468.32
36 561.97 85 561.97
37 468.32 86 561.97
38 468.32 87 468.32
39 468.32 88 468.32
4O 468.32 89 468.32
A1 ' &68.32 90
42 468.32 9~'~- 468.32
43 468.32 92 468.32
~3+ 468.32 93 &68.32
45 561.97 94 468.32
46 561.97 95 ~68.32
47 &68.32 96 468.32
48 &68.32 97 561.97
49 A68.32
The total aggregate amo~n~ of such sums unpaid if ForSy-SixThousand Nine Hundred Twenty-five and
AA/lO0 Dollars ($46925.43+).
NOW, THEREFORE, in consideration of the premises, the City Council of the City of South San Francisco,
does order as follows;
Section 1. Said bonds be issued upon the security of the unapid assessments in the amount of Forty-
Six Thousand Nine-hundred and Twenty-five and ~/lO0 Dollars ($46925.44) in accordance with the provisions of said
"Improvement Bond Act of 1911", and the amendments thereto, and of the "Improvement Bond Act of 1915", and the amend-
ments thereto, under and pursuant to the resolutions, notices and proceedings duly adopted and t~ken by said City
Council.
Said bonds snail be called "Improvement Bonds" and shall be dated April 19, 19A8 and bear
interest at the rate of f~ve (5%) per cent per annum commencing on the 2.0th. day of October 19~J, and shall be
sixty (60) in number and sha~ld be in the following denominations:
BO~) DENOMINA-
5~JM- TIONS OFINTEREST
BERS SERIES DENOMINATIONS DATE OF MATURITY COT~P. PAY. 1/2/&?
D~qOMINATIONS
OF SEMI ANNUAL
I k~rEREST COUPONS
0 o.oo
2 '~ 1OO0. O0
3 W 1000.00
& W 1~.36
5 W 1000.00
6 ~ 1000. O0
7 w 1000.00
8 W 128.36
9 W 1000.00
10 W 1OOO.OO
11 W 10OO.OO
12 W 128.36
13 W 1000.00
1~ ~ 1000.00
15 W 1000.O0
16 W 128.36
17 W~ 1000.OO
18 W 1OOO.OO
19 W 1000.00
2O W ]_128.36
21 W 1000.00
22 W 1000.00
23 W 1000.00
2~ W 128.36
25 W 1OOO. OO
26 W 1OOO. O0
27 W 1OOO.O0
28 W 128.36
29 W 1000.O0
30 W 1000. OO
31 w 10o0.00
32 w 128136
33 W lO0O.00
3~. W 1000.OO
35 W 10OO, 00.
36. W 128.36
37. W~ 1000.00
38 W 1000.00
39 W 1000.00
&O W 128.36
&l W 1000.00
/~.2 W 1OO0.00
~3 W 1000. O0
h& W 128.36
&5 N 1000.~00
~6 W 1000.00
&7 w 1000. O0
28 w 128.36
&9 w 1OOO.OO
50 w 1OOO. O0
51 w lOOO.OO
52 W 12~.36
53 N 1000.00
5& W 1000.00
55 W 1OOO.00
56 W ~I28;~6
57 W 1000. OO
58 W 1000.O0
59 W 1000. OO
60 W 128.~0
July 2, 19&9 60.1& 25.00
July 2, 19&9 60.14 25.00
July 2, 19&9 60il& 25.00
July 2, 19&9 7 · 69 3.20
July 2, 1950 60.1& 25.00
July 2, 1950 60.1~ 25.00
July 2, 1950 60.1& 25.00
July 2, 1950 7 · 69 3.20
July 2, 1951 60.lA 25.00
July 2, 1951 6Ol1~ 25.00
July 2, 1951 60.14 25.00
July 2, 1951 7.69 3.20
July 2, 1952 60.1& 25.00
July 2, 1952 60.1& 25.00
July 2, 19~2 6~.l& 25.00
July 2, 1952 7.69 3.20
July ~, 1953 60.1& 25.00
July 2, 1953 60.1~ 25.00
July 2, 1953 60. l& 25~00
July 2, 1953 7.69
July 2, 195& 60.1& 25.00
July 2, 195& 60.1& 25.00
July 2, 195& 60.14 25.00
July 2, 195& 7.69 3.20
July 2, 1955 60.lh 25.00
July 2, 1955 60.l& 25.00
July 2, 1955 60.14 25.00
July 2, 1955 7.69 3.20
July 2, 1956 60.~4 25.00
July 2, 1956 60. l& 25. O0
July 2, 1956 60.t& 25.00.
July 2, 19~6 7.69 3.20
July 2, 1957 60.1& 25.00
July 2, 1957 60.1A 25.00
July 2, 1957 60.1& 25.0.0
July 2, 1957 .7.69 3.20
July 2, 1958 60.1& 25.00
July 2, 195~ 60.14 25.00
July 2, 1958 60.3% 25.00
July 2, 1958 7.69 3 · 20
July 2, 19~9 60.1& 25.00
July 2, 1959 60,~lA 25.OO
July 2, 1959 60.1~ 25.00
July 2, 1959 7.69 3.20
July ~, 1960 60.1& 25.00
July 2, 1960 60.1~ 25 · O0
July 2, 1960 60.1~ 25.00
July 2, 1960 7.69 3.20
July 2, 1961 60.1~ 25.00
July 2, 1961 .60.1~ 25.00
July 2, 1961 60.1& 25.00
July 2, 1961 7.69 3.20
July 2, 1962 60.14 25.00
July 2, 1962 60.1& 25.00
July 2, 1962 60.1& 25.00
July 2, 1962 7.69 3.20
July 2, 1963 60.l& 25.00
July 2, 1963 60.1& 25.00
July 2, 1963 60.14 25.00
July 2, 1963 7~69 3.20
Section 2~ Said bonds shall be issued in annual series and the unpaid assessments, as
determined by said City Council, together, withthe interest thereon, shall' remain and constitute a trust fund
for the redemption and payment of said bonds and for the interest which may be. due thereon, which unpaid
assessments shall be payable in annual series corresponding in number ~ the number of series of the bonds
issued. An even annual proportion of each assessment shall be payable in each year preceding the date of
maturity of each of the several series of bonds, and such proportion of each assessment coming due in any year
together with the annual interest thereon shall in turn be payable in installments the same as the general
municipal taxes of the said City of South San Francisco on real property are payable, and shall become delinq~
at the same time and in the same proportionate amounts and bear the same proportionate penalties for delingue~
Said bonds shall be signed by the treasurer of the City of South San Francisco and countersigned by the clerk,
who ~ll a~ix thereto shall bear the engraved, printed or litho~faphed signature of the treasurer, in place ¢
signature by hand; said bonds shall be substantially in the form set forth in said "Improvement Bond Act. of ]
as amended.
21 :.¥ 1000. OO
22 W 1000.OO
23 'N 1000.00
2A W 128.36
25 ~¥ 1OOO. OO
26 W 1000. O0
27 W 1000.O0
28 W 128.36
29 W 1000.00
30 W 1000. OO
31 W 1000.O0
32 W 128136
33 w 1000.00
3A. W 1000.OO
35 W .1000. O0
36 W 128.36
37. ~ 1000.00
38 W 1000.00
39 W 1000.00
AO W 128.36
A1 W 1000.00
A2 W 1000.00
~3 W 1000. O0
UA W 128.36
A5 'N 10OO~00
~6 W 1000. O0
A7 W 1000.00
A8 W 128.36
A9 ~ 1000.00
5O W 1000.O0
51 W 1000.00
52 ~ 12~.36
53 ~ 1000. OO
5A W 1000.00
55 ~ 1000.00
56 W ~128~6
57 W 1000.00
58 W 1000.O0
59 W 1000.00
60 W 128.~0
July 2, 195&
July 2, 195A
July 2, 195~
July 2, 1955
July 2, 1955
July 2, 1955
July 2, 1955
July 2, 1956
July 2, 1956
July 2, 1956
July 2, 19~6
July 2, 1957
July 2, 1957
July 2, 1957
July 2, 1957
July 2, 1958
July 2, 1958
July 2, 1958
July 2, 1958
July 2, 1959
July 2, 1959
July 2, 1959
July 2, 1959
July ~, 1960
July 2, 1960
July 2, 1960
July 2, 1960
July 2, 1961
July 2, 1961
July 2, 1961
July 2, 1961
July 2, 1962
July 2, 1962
July 2, 1962
July 2, 1962
July 2, 1963
July 2, 1963
July 2, 1963
July 2, 1963
60. iL 25 · OO
60.lA 25.00
7.69 3.20
60.lA 25.00
60.lA 25.00
60.l& 25.00
7.69 3.20
60.t4 25.00
60. lA 25. O0
60.14 25 · O0.
7.69 3.20
60.lA 25.00
60.15 25.00
60.lA 25.00
· 7.69 3.20
60. iA 25. O0
60.13+ 25.00
60.1A 25.00
7.69 3.20
60.lA 25.00
60 ~/l& 25 · OO
60.1A 25.00
7.69 3.20
60.1A 25.00
60.lA 25 .O0
60.1~ 25.00
7.69 3.20
60.lA 25.00
· 60.1& 25.00
60.lA 25.O0
7.69 3.20
60.14 25.00
60.14 25.00
60.14 25.00
7.69 3.20
60.lA 25.O0
60.14 25.00
60.14 25. oo
7,69 3.20
Section 2. Said bonds shall be issued in annual series and the unpaid assessments, as
determined by said City Council, together withthe interest thereon, shall' remain and constitute a trust fund
for the redemption and payment of said bonds and for the interest which may be. due thereon, which unpaid
assessments shall be payable in annual series corresponding in number t~ the number of series of the bonds
issued. An even annual proportion of each assessment shall be payable in each year preceding the date of
maturity of each of the several series of bonds, and such proportion of each assessment coming due in any year
together with the annual interest thereon shall in turn be payable in installments the same as the general
municipal taxes of the said City of South San Francisco on real property are payable, and shall become delinquen
at the same time and in the same proportionate amounts and bear the same proportionate penalties for de!inguency
Said bonds shall be signed by the treasurer of the City of South San Francisco and countersigned by the clerk,
who a~All a~ix thereto shall bear the engraved, printed or litho~faphed signature of the treasurer, in place of
signature by hand; said bonds shall be substantially in the form set forth in said "Improvement Bond Act. of 191
as amended.
The interest coupons attached to each of said bonds and evidencing the interest to accrue thereon
shall be numbered consecutively and shall be substantially in the following form, to-wit:
COUPON NO. $
The City of South San Francisco, California, will pay the bsarer hereof, on the second day :
19 , She sam at the office of the City Treasurer, said sum being the semi-annual interest
due on Improvement Bond No. , Series No. W.
City Treasurer.
Section3. Said City Clerk ~hall forthwoth deliver said bonds bo the Bank of America National
Trust and ~av~s Association, the assignee of said L. C. Smith, in satisfaction of the balance unpaid upon
said assessment.
I hereby certify that the foregoing resolution was regularly introduced and adopted by the City
Council of the City of South San Francisco this 19th day of April, 19A8, by the following vote:
'268
Ayes,
Noes,
Absent,
Councilmen G. ~. Holston, Chas. K. Elder, Leo Ferko, Adolph Sani, Emilio Cortesi.
Councilmen None
Councilmen None
Attest:
DANIEL J. HYLAND
City Clerk