HomeMy WebLinkAboutReso 1475-1949392
RESOLUTION NO; 1475
AN ORDER PROVIDING FOR THE ISSUANCE OF STREET IMPRO~T BONDS
PRESCRIBING THE DENOMINATIONS OF SUCH BONDS AND THE INTEREST
COUPONS ATTACHED.
WHEREAS the City Council of the City of South San Francisco did, on the 17th day of June, 19~6, pass
its Resolution of Intention No. lll7 for the improvement of certain streets in said resolution of intention mentioned
and described, under and pursuant to the provisions of the "Improvement Act of 1911~, and the amendments thereto,
reference to said resolution of intention being hereby expressly made for the description of said work, and the
district in said resolution of intention described, and for further particulars; and
~EREAS the contract for said work of improvement was duly awarded to UNION PAVING COMPANY, a corpora-
tion, and thereafter was completed to the satisfaction of the superintendent of streets of said city, whereupon a
diagram and assessment were issued and made; and
~EREAS, after notice of filing oN ~aid assessment was given, as provided by law, and said assessment
was, on the 2nd day of May, 19d9, confirmed by the City Council of said City of South San Francisco and a warrant
thereupon was attached thereto by said superintendent of streets and thereafter said diagram, assessment and warrant
were recorded by said superintendent of streets, and then delivered to the contractor, in the time, form and manner
required by said act; and said warrant having been returned to said superintendent of streets with the written state-
ment of the amount paid upon said assessment shown thereon, which statement was signed by the contractor and was
thereupon refiled by said superintendent of streets; and
SEE RESOLUTION NO. 1~79.
WHEREAS said city clerk did, on the 2nd day of July, 19&9, mail a copy of said notice to the o~ers
of all lots listed on said assessment, as known to said city clerk, as appears by the affidavit of said Daniel J.
Hyland on file h~rein; and ~
'.~EREAS no person has at any time made any objection against the issuance of bonds, it is hereby deter-
mined that the assessments unpaid and the aggregate sum~ of the same are as fo~ows:
DIAGRAM AND
ASSESSMENT NO.
AMOUNT OF UNPAID
ASSESSMENT
DIAGRAM AND ~ AMOUNT OF UNPAID
ASSESSMENT NO. ASSESSMENT
DIAGRAM AND
ASSESSMENT NO.
AMOUNT OF UNPAID
ASSESSMENT
$ 650.00 57 $ 700.00 122 $ 700.00
650.00 58 650.00 123 650.00
700.00 59 650.00 12~ 650.00
70~.00 60 550.00 125 650.00
650.00 62 650.00 126 650.00
650.00 63 650.00 127 650.00
650.00 6~ 650.00 128 650.00
650.00 65 650.00 131 650.00
650.00 66 650.00 132 650.00
700.00 67 650.00 133 650.00
700.00 68 650.00 .13& 650.00
650.00 69 650.00 135 650.00
650.00 71 650.00 . 137 700.00
650.00 7~ 650.00 143 650.00
650.00 7~ 650.00 ~ 650.00
650.00 81 650.00 145 650.00
650.00 82 650.00 14~ 650.00
650.00 83 650.00 147 650.00
700.00 8~ 650.00 148 650.00
650.00 85 650.00 149 650.00
'650.00 86 650.00 150 650.00
650.00 87 700.00 151 650.00
~50.00 88 700.00 152 650.00
650.00 89 650.00 153 650.00
650.00 90 650.00 15~ 650.00
$50.00 91 650.00 155 700.00
650.00 92 650.00 156 700.00
650.00 93 650.00 157 650.00
650.00 9~ 700.00 158 650.00
650.00 96 700.00 159 650.00
650.00 97 700.00 160 650.00
650.00 98 700.00 161 650.00
650.00 100 700.00 162 650.00
650.00 101 780.00 163 650.00
650.00 . 102 780100 16~ 650100
650.00 10~ 700.00 165 650.00
700.00 105 700.00 166 650.00
650.00 106 700.00 167 650.00
thereupon ~as attached thereto by said superintendent of streets and thereafter said diagram, assessment and ~a~rant
were recorded by said superintendent of streets, and then delivered to the contractor, in the time, form and manner
required by said act; and said ~arrant having been returned to said superintendent of streets with the ~ritten state-
ment of the amount paid upon said assessment sho~n thereon, ~hich statement was signed by the contractor and ms
thereupon refiled by said superintendent of streets; and
SEE RESOLUTION NO. 1479.
WHEREAS said city clerk did, on the 2nd day of July, 19&9, mail a copy of said notice to the o~mers
of all lots listed on said assessment, as known to said city clerk, as appears by the affidavit of said Daniel J.
Hyland on file h~rein; and .
"~HERF~S no person has at any time made any objection against the issuance of bonds, it is hereby deter-
mined that the assessments unpaid and the aggregate sum, of the same are as fo/Mws:
DLZ. GI~ AND
ASSESSMENT NO.
AMOUNT OF UNPAID
ASSESSMENT
DIAGRAM AND ' AMOUNT OF UNPAID
ASSESSM~Z~T NO. ASSESS~T
DIAGRAM AND
ASSESSMENT NO.
AMOUNT OF UNPAID
ASSESSMenT
2 $ 650.00 57 $ 700.00 122 $ 700.00
& ' 650.00 58 650.00 123 650.00
6 7OO.OO 59 650.00 12~ 650.00
7 70Q.OO 60 6~0.00 12-5 650.00
8 650.00 62 650.00 126 650.00
9 650.00 63 650.00 127 650.00
10 650.00 6& 650.00 128 650.00
11 650,0O 65 650.00 131 650.00
12 650,00 66 650.00 132 650.00
13 700.00 67 650.00 133 650.00
]3+ 700. OO , 68 650.00 .13& 650.00
15 650.00 69 650.00 135 650.00
16 650.00 71 650.o0 . 137 700.00
17 650.00 7~ 650.00 143 650.00
18 650.00 76 650.00 lA& 650.00
19 650.00 81 650.00 145 650.00
20 650.00 82 650.00 146 650.00
21 650.00 83 650.00 147 650.00
22 700.00 8~ 650.00 l&8 650.00
24 65O.OO 85 650.00 149 65O.OO
25 '650.00 86 650.00 150 650.00
26 650.00 87 700.00 151 650.00
27 650.00 88 700.00 152 650.00
28 650.00 89 650.00 153 650.00
29 650.00 90 650.OO 15& 650.00
31 ~50.00 91 650.00 155 700.00
34 650.00 92 650.00 156 700.00
35 650.00 93 650.00 157 650.00
36 ~ 650.00 9& 700.00 158 650.00
3f7 650.00 96 700.00 159 650.00
38, 650.00 97 700.00 160 650.00
39 650.00 98 700.00 161 650.00
LO 650.00 lOO 700.00 162 650.00
A1 650.00 101 780.00 163 650.00
&2 650.00 , 102 780;00 16& 650100
43 650.00 104 700.00 165 650.00
&& 700.00 105 700.00 166 650.00
~5 650.00 106 700.00 167 650.00
46 650.00 107 700.00 168 650.00
&7 700.00 112 650.00 169 650.00
&8 650.00 113 650.00 170 650.00
&9 65Q.00 ll& 650.00 172 650.00
50 650.00 115 650.00 173 650.00
51 650.00 116 650.00 174 650.00
52 650.00 117 650.00 175 650.00
53 650.00 118 650.00 176 650.00
5& 650.00 120 650.00 177 650.00
55 650.00 121 700.00
The total aggregate amount of such sums unpaid is Ninety-Four Thousand, Found Hundred Ten Dollars
($94,&lO.oo).
NOW, THEREFORE, in consideration of the premises, the City Coun6il of the City of South San ~ancisco
does ordain as follows:
SEE RESOLUTION NO. 1479.
Section 2. Said bonds will be issued in annual series and the unpaid assessments, as determined by said
City Council, together with the interest thereon, shall remain and constitute a trust fund ~or the redemption and payment
af said bonds and for the .interest which may be due thereon, which unpaid assessments shall be ~ayable in annual series
corresponding in number to the number series of the bonds issued. An even annual proportion ox~ each assessment, shall be
payable in each year preceding the date of maturity of each of the several series of bonds, and such proportion of each
assessment coming cue in any year, together with the annual interest thereon, shall in turn be payable in installments the
same as the general municipal taxes of said City of South San Francisco on real property are .~yable, and shall become
delinquent ah the same time and in the same proportionate amounts, and hear the same proportionate penalties
for delinquency. Said bonds shall be signed by t.he treasurer of the City of South San Francisco and
countersigned by the clerk, who shall affix the official seal of said city$ the interest coupons affixed
thereto shall bear the engraved or printed or lithographed signature of the treasurer in place of his
signature. Said bonds shall be substantially in the form set forth in said "Improvement Bond Act of 1915",
as amended. .
The interest coupons attached to each of said bonds and evidencing the interest to accrue
there'on 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 to the bearer hereof, on the 2nd day
of , 19 , $ , at the offiCe of the city treasurer, said sum being the semi-annual
interest due on improvement bond No. , Seri~s No. .
City Treasurer
Section 3. Said city clerk shall forthwith deliver said bonda to American Trust Co., a California
corporation, in satisfaction of the balance due to the ~niOn:~.Paving Company upon its assessment and warrant.
I hereby certify that the foregoing resolution was regularly introduced and adopted by the City
Council of the City of South San Francisco, this 25th day of July, 19A9, by the following vote:
Ayes, Councilmen Victor Boido, Chas. K. Elder, Leo Ferko, Adolph Sani, Emilio Cortesi.
Noes, Councilmen None
Absent, Councilmen None
Attest:
DANIEL J. HYLAND
City Clerk