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HomeMy WebLinkAboutORD 1839_ 404) I . ·'' • • • I • • ". c', • G .• .. ·~ :.,·. ' . its I I 4.1 LQOJ! J &ii .. l .A,t&UJ L A ALU EA Qll1Ni%4iAU ; , .... • • ~ ' • '· ~ • • ~ ~ 1'. ' ,· ' • . ' I • ·. i~ , ' .''r-,• .... ' ._,, :' '1·,,.~~ '~ --' -~·.. - : '._.l;l.....,{~· , -''' , O.i-wi•~,I. .,}~,,...11~-of •~~~~,t.\J!~~~O'.~'~~~~~~~~~~,,!'=-r~!':.~-~,!""t/4"":,(:l."'/ .~'""'"'"'""''""'"' ....... "'' ~."","•~#~~·~~~,._J . ' ""' '• .· -·:· .: : ' .. ·. •. ,' ',' ~·'''-/'< . .'!-;· w ·~ " .,.. ·-.---·z·-~ ·· ,....., ·-· ·. --· ·~-.,, . :KIJ;m.h 2-1s--,9-2,. , -·' --' -. ' • .•. -.·,,..,~ --~--, --. , i . ' W' " -'% r 't. -' " ' : --""'.) i -, .. ~\. ' .. < ;, •'· ii ,. ··:~~:,~~: •' ''' oamm ' ' l It· · ·. ·· ;, ·~: -_ <: .QPJ>Iif'ANCE.:·No~ 1as9· . -~ .• --~.:.'._~ ..... : ~<_ --.'•''.' -A..~ ORD~cm:,:·.~~niG THE· PAW ALTO J . --. , .. · .. -. . :_ -~~"tR0CEDtrRE CODE; · '1\ ·· -•· ·· .-· -, ~TING.".I'Or IMP.RO~T-BONDS.·. ~t;' ·. . ·: ·i ·, ~ -'-, ' -'r, ...... ' ) . ~,.,,. !i ··· .•... ··•.·• , ·;i,to~~~{ ~. thi~ty ~,}::t&10 AltO does o2'dain as rcllowa: ·k. ' , ,' '<• ·I,·.··~,'~;~ .. -, ... \:·;_:~: <.'.:'. ~-, '_::'. .-: .. -.:~:': .:~;" ·: .·· ·.::::,/r:t~.'·:,1·.,~!.:~ ... ·,,:',,:i.·::~ >· ·~ .' '· .. ' ~< : , ··.~~.-· • s.6et:ton• .:J::~ P"dr't' 6-i:e .add:ecf to Article IV O·f the Fal1) Alto ~E , ' . •.' i ,/,", .·,: : . .... ~ . '.··· I",,·:' :H• ~.-,,\,'."<:: ', ,' ': :, ,:: .: :-·, ' ', , ; Iq)z-ovemeh~ '.:Pi'G1c~ure-cooa;: vi read: , ,• ~' ! ·,·,; . ·, .. :::· .. · ,, ~ . -.~ ··: ' ' . . .-. . ,. ' }) :·.' ' :• 1 _ • Pait: 6~ · Bo~ itan E~ · Ad Val'Orem . ·:·: .· • ·· · . . -· :tan~ _and !Jliprove~nt BQnds · , : . .: ... ··.·. · .•. · s~t:ion· l.. :·:eo~~r.s,~·/. 'nie?"e. 1s .hereby:ve$ted:;:·in ·~ coun.eil· , _. t_he :·p0wer· :to 'i&!sue~·ra:~iil: ad: valorem land ana· .1Jl:[provi!ment bonds - : upon: ani-dtstr:tct,·:e~-ited. Urider this(Code'. -· · . ' .. '. -;-·_: ;::.:: <.·:·;::>:::<, :: .: -.. , .. . --' ', ' •· ... ··. · .. /<S:ec~-2~. Asseasm.e-nt:<01atr1et .. :.-:1"zle ~posed dia·Cri-ct shall · ··'be-: .diuw:f:'bed '.in tEe. reiOl~ ;intention and-ea.tai:>l1shed as···· ;.-prQ:v.1ded. :1n the. Art1.~1e:::P·ura'®nt to :~hich: sa1<f ~roee1~1ngs are: had. ·, · -•·.-~_:,~e::_3~.·--Imi>~V.~h~:-~~s~·-·1r··sa1d·•proceedL"lge•are •nad-. · purs~t :t<;>i,.Ar§¥¥ . :r~ ·~~~Ii". -.t~IEln. ,liP,9n .. c~mple:t1on ·of· the wo?"k, , _ the,: ·person appointed .. by_ · :t:ii~:-:eoune-11-to be 1n charge o-~ the work shall prepare :and r:rle w.1.t:li the C¢U,n~u a decla;ratien that the' work has,:.been ·completea·aecoro!ing:to· the contnct-thererorp .together w::tth an: :1it.e:fu±:Z·ed: ·:etat:etneii1.t -ot. the eost-of·· such work and 0£ the ex- .· p~nse.s:' 1?J~~1a~:ta1 '¢'-sa:i.di p.r06eedings" estimated:. to _'the conclusion ··• o·'f. aai!d:i:~ko'.c~di~s;:: ··Th.e: a.mo:unt::. ot. ·.any contr1but1ori shall be :-sta·ted-:·:tt~'.reiii:~iil 'W'ell;as: . the ba:laric.e .for which ·'bo:ri.ds are to be 1s:sued~ ·· .Wli-en·tbe-tb(ind!f .. have/· ~en >tso:U~<they:shall :be·.· delivered :to-:\~p.e· .cc;n:~~t.Or· upori·: il~;s: :paying to_ tne: City ·any· .moneys ... due it for;: :i.nc1denti1 eXp.enses. srs: stated· in the declaration. ; 'lbe Council :may P:rov:ti:!e_ .i.n \the rea.ol'IJl-tion or: :1ntent16n that the contracto,r · s:ha1l be pa1d>:1.rl: cash trcim advances' to, be made to said p~jeet or .. from'the·pro\Zeeda Qf the 'sa1e O'f the. bonds,, fil .Wh'ich event· the... · ._:bond~ ·SnSL;J:l· :·1)¢ issued as-provi;je'd for the issuance Of 2.C(li.rl.Sl.t10n oo;ida. -:·.'' ,., '.:i'' • <'.t ' -,_ :_-.; - ., :•,~:._:,, .·· .. :.~•~' ,' :)'~ ~ ,': '• '··.'"' :,.'.'? .: : '": I I ",' • ", .1 "' :.~~· • -".'• . . ' /::Sec-. 4 •. Acqu1s1t1ot'.~ Bon4l!:w If'; :the --oroce~dings are had pur­ . a~t to Article:, !II :o? ffils · .. code,; . then, upon;: 'the entry .of all :·_1nterlocu:toey Judgment;s :!~n any eminent domain proceedings brought ;::::~uL.iit~·-:~reto~ :proee~d.f:ngs shall be: ha-d substantially as: pro:-;, · .''.vided :hej:>e1ri; tor-the· i;Ssti.a.nce or. improvement bonds:~ •·The· bond&: . ·· : shill bE :. sold by: the Cour~cil and ,,the proceeds, shall be used to' pay · the· c<r.3:t::J·.:and. :.el:PenseS: ot the pra.ject~' · · · /. :-~: -~~;.:· ,:~:.:·'. ~61~]:' :Jrziprov~nt . pist~ictJ~onds. . :rr p~eeeding& are had •Jptll:"Sµanf:~.ffel: A~l<~Th • V ot. tlils c&le1 · then 1n ~the reso~ -lut;1~',o:~ri.~:<t:he· :acqu:3~sit1ons · or improvements ··the council shall de~~:n;e. .:the;.:est:ilr&ted>.,eost ot said. aequ.tsitioM-anrl impri>".remen'.ta · ' , and: o':f.".·.tib.e: ezj:ienses incidental there:tO,_ and t.."le total-,eatimated: .amoUn.t '-o:t· thee bonas; to''.'·® is.s.U:ed~ '~he bonda shall be :1asued: and ·: "-sold: :~d: ;ttief::proeee:as Shall ·'be used. to pay ihe co&t.8 and. expenses -" c;~::-'the 1pr0jec:t/ . .·•· . .... : : . -~ · ~·.·. , · - .,r. ;,. (.:.,-·-=-... .''',;:' :·:, . .;;:~ '.,',::,L·,~~·:·.:-::'•,' ,/:;, ,.:,' , .. ':;-:'· "; ,• "·, ' 0' :·, . _ :: . ' sec·~'·> o.~ : :F'O&$ess1on ~Bonds. It assessment proceedings a.re had , Pursuant·. to:': ~~ic1es" fI c>r, Ill or. t,f:Lis'.-· Code7 and p~eed1ngs. ·. .shall ·t>e Pa,~ 4:o:i:-the tak:l~:_pt:·. W:mecliate posaes:sion or the prop­ .·: er,t;j:.·t:Q.·.·.~e ac:qUi~;_'. 't;heil, tb~tpe%-sOit in· .. ·charge ·o.f_· Sa1ct·.propQ8ed a:C4uis:tt1ons. shill p~~·:·:~cl f".1le w1~b the City an estimate or · the:>amount ·-o't: .. money neee~~s&r,-·to be dePQSi ted in court f'or . . . '.· ' '. -. ·~·· : ' . .. . . ,,, ,·. -2·' .. : . ~;~; i' '• ~~-r -, ~ ;t· " ~: -;; i't i, -r. ·: ',• ); "~ ~ ·'.\-v --~r -~ ~\ ,, <, ., ' ,, ,. '~ ,, • ,.,. .. ,, I ·~ I 1· '.· yi '• ::;: .. •,. -~ . t: .• . 1 .' . ~ .. ,, r -'~; . -~. " ·} ~" ' . .. '.· .': ~'IN')IWl)~ ..... ~'ill~-~A•-."fl'~~~'J.'/>"'-~~~l(l•W-IM-~'i~1>•_._.., __ ~·-•-•·-.. •1<.• ,_. ... ..,,,~,,.t'!'--~~~.I,,._. ' ' . _; . ,; ' ' , ;,:_,. . : . '; , ' . . . ~! . & ' ; ,/"")ff, . :. '.;·; :{-,i ~f , . ··\;..;-~; .· .. :: . .. ' ./ ·t· ': ·.·'.·./';:·:~(,.._··~;:~~i~i;·'..·.-: ····. .:r· · ~'} · •' :;".:,. . ' :. : :·:.·':' -~ .. ·( : _ _:: .. _ .. ·\:' ·, i •.·.·.,. ,. , -.·,.. ', r; .. :· .... ·•··. . . , " >' ~ ',,.. ~.-'.,·"·;::.~·.· .. ~: :' ::.·:\,·;~~l,\:::· ~~~-.. >.·; '.':: : ·;:: ·, .... ·,.": ·. '. .· .. ,. ·,, ... · .· . ·,. . ' . . . ', -ii: -1mmttd~te ~s~;eion~ aii<l:~proc~~ ehll.ll ~ b.a.d for the 1as.uanee. ~ andr,;Sll;.l~~:::o:;t;.;bC.ii'ld~ to;ere.1~(>i-,:s.a' P'~Vii:t~e¢: ~r>th:e 1s$uance of acqu1si-;, tior.dJ>pn:isY~'.· ·1Ir.i"• .such eve1~t· 'tne. W.)::>:ilQ(:U: sb&ll: 1saue only suCh ~unt ; o·t/adi41t:toiia:l :;l::ibnds /aa ... 1~Ji n.e:cea:saey • -1;0:. provide .. tor . the additional· . .. ,.. c~t${'d$.>:s.a'i~c1:;p.rc:):j&et.~t •. tne;,~eEidS_•.f>'.f the posse~s1on oonda• .. ; ·. .S,~ll·~innal.17'.)aed. t::~(app~>~.:tl:::e ®st: or the acqu1a1t1ons·and ~ I ,'', ', •' .' · . :Emprciyeien,:~~ and: eipens~!;: ·~~tdie.nta.l ·the.re·to .. ' .... . ·,. .,, '• ' ' . . ·,: :· .' ',~ " . -'' ' .;·, . ' ~ ·~>:' ·}'.;::: '.' ~: . ' . ' ·, : . . ! ' ' ' :sec~ i ~ .. N~ti:ee.:o:r·::]~i~~.. 1't.1e Clerk ·Shall g1v~ notice or a . tiioei·and place ot.bea.T,iiii~e:de,1a,rat1on filed in 'relation to · ·: .th~•'J,1:S&uanee··o.~.any·oond1ll: :to:.be 1satied\pther tba;n pu.rsuant to :: . . : Ar·tj;:c:l• :v~ Sudi·.not1ce. iJhall'. be . .Ptft,11e:hed, tw:tce 10 a newspaper of · .. , · : se:~ija~: :c1:%-cu1at1on.. publ:Lah~ _ 1n: n~'.d City"' .the. first or wh1ch shall ' '.· . ' ·.· 'be .. ·at2.lea$t teri .. •Qa.ys~ bef'<>re :;the dat~: set for hear:1ng. ' ·: ' :' ........ ·.,.{,cl:·,·,·>:>•\{},'", , ..... ~,.> ''.,,•: .' 'u .. , ::~,; •' -'• "',,' "',' • ' ' ' ' ,' ; :~. ·:i: ~1C:!~:~ &~\ : :FOrm:o:t": N01~:lee.~. $&id notice aha.ll. refer to .. ·the .··. ; .~at:~µ,~1°'n 9~.: lilti:ntio~; :lli·>~e proc~:edtngs. for. 1dent1f.1cation~ . for ·:·a: des;erip.t:.1on,.0,t;:the.·•~rllc it~» .... J>e• :donE~ or :acqu1s1t.ions · or . improve.-.•. . . . me1:1\i;S(:.;t0~'.:~:h&d:.aiid·:~:ro.:~;;1~he; op:u..f:i.d&l."j;eg''.of the •.assessment d1strfct,. . a;id%*':t~~e<.:~hi:ll .'bei gtv;t~l~(tb~X!~iri:. #r' all.-pe;rs"ns '.j,n~.erested that •. :1''.t·::,13 ··Pi"~s:ed to', : •. h~a;r ~.tll-e. ;.l"eJ)9.ct; .· a:.r;id iss:ue bonds pursuant .. : ·to. tb.13 · Pa~;, ·ancl '.·:ap::v pers~tii',,:.£.~e:~ing: aggr1,e..,·.ed by. any . a.ct or< determ;i.naticin ':' dp:qe or,-:mde: ;in said '.P~~~~ngs .~or•. claiming that any: previous.·.·.·-~ . :~pts . or ;p~ceedi.nge;, W¢~~·:,1XTegular ... def'ect1ve,, erroneous· or .faulty .. . ·.· .. 02" cl&'iming th.at'.; 'the . f:tjr,](:}::>r: !inpl'OVrnnent has tJ;ot bee•n ·.performed .·· a~co-~1ng•:to: the,. ®nt:ra,01~ in, a goqd .and &.u'betantial ·manner, or . '('~la1!idllg that.; ant pdrtiq:ll.:·o:t" the: ;work :.or ~provemerit for . any. . : · ·:~on~~.w:as/oin.1·~~.~d.;Qr<~:L:le~Ji.1n~:.~ude.d iri. the·:contract11 or .having any,·ob:'j-e,ctions. on. reasonir why bonds shoul.d· not be issued in. the' . ·. ~.ame>µ.~#::s~e:t:-.to~tb 1n ;tbe dec:la?"ation .8.nd statement on t11e, may .· . ::·appea~':})ie.t~re ·.the c6tizic1:L a~ :·_'the tine and place so fixed by 1t arid. . :,;·be. he~ .. \~ .. , : .· .. ,; ~~~. . ~r; • ; :, ' , . ,., .. ,: . ·se~ ... 9~ ,:,Hearin& ... J~ll object1o~ _shall be made in writing_ : and sigpe.<i: .by,::the;.protes1Wit and. an~r grounds not sta·;ed therein .• and t::tled:-at or. be.to:r-e tbe. t:tme fiX1~.d for heuing llhall . be deemed ::-wa:1veci:~ ·The· contractor <>:;o; .• his. as:s1gns, ,and any other pers.on·or persona• :i:n~~reS:ted•:fn. sa;L4.·ma.tt·er-, 1aay appear.'. and be ··heard upon a~ 0:r th.~ ·matters. ~fe?tl~f!d, to .in said not1ee. The. Council.. •Y cont,:irm~;.~amend:;. alter; m<~1ty or coi~ect the :report ·1n a:ueh manner · · .. : ··· . : rili<:~ . .1:t'.,sha:);~Sd:e$ just ... : ai~ r~qu1re 1~he :work· .. ,to be . compl.eted ac­. .. ·· · .. e.o~ <t:o~; its directionn .or those <>£ the person designs ted by it tnere:C<lr. · :, :/ .• . . .... sec. io. ; •. r~suance: (>f. Bonds. :en the:. c~unc1l 's final order :· uppp~·:'.t~'.· hearing.-: or .. :!n~::he reso'"lut:Lon ordering the acqu1s1t1~ris : am · :tmp;~;Jvement&. ~hen tii~~ pr0:oeed1ngs .are had pursuant to Article . . . V:,,::'the: C.:>unC.:11.: shail .... by J~solut1-on orde~ the' issuance of bonds. '1he.• rea.o:tu,t1on/sba.11 s.tsJie the-tota:~·prinoipal amount the~!' and . the .amc>wt~>t:o:ma;t.~ 1h ~~eh year dur1±lg. :the1r term.. .The r1·rst . . ·matur·:f:.ty:. ~r· th'.ii·t;bprids •:ma~t ~' postpon.ed. 'ror a ·pe~od not. beyond ~­ .. Ju1y ::2zid~ .. :p# :the: Hf,th ·caJLenQ&rfyear· to1J.:0Wj~ng their date'. ..... The .. ::.'OO?lds..!:~f·,:be,,·inaae.: :f;:~;:mature on, July: 2nd. over a pe.r1od not ·-w ;; ·• e.X:ce~f.j;:~f'.~1ity 'years. ' rrem i;he'it" date~. ..· . .· :' ' . .· . ·.· . ·;;·;_, •; ~t:; .. :;;~:iL'.:j:~i.: ;'. B6ridt~~~ and~~~ition·. .,~e oonC1s sba11 be m . .· .. :a;u<tlt· .fo,rmt;t:·::·a:h&l;I:J:\,e: ~~~mT"eC:.::6y3Ef:'70fi'1cer,s,, ~and· s~u,l be -made : ~~~\&.~<th;:;ipla~e~ · ·o:c".:'.;:P~9*!~ :;~~~:tn• cr;r witoo·u,t the-~ state as the . , · coun:~j;;l,: &.nal:l< ~e:rmine;'. .' The:·· bo:n'ds: .. s:hal.l be negotiable 1n form. ; .~·-~:·:l)a.:y&o1e_ t.o ~·J>eare:ri~'. · t : . ~ · " :::· · . . ·.· · · . " ~\ '·'·· '• ~·/-,• ·2 : ,J ., • • : '· .; : ' ~·. ~; • ,' ' . .._- ,., .•;} /1 .. '.;_, =~~·c~~'.,.-·· .':::<"· ... ~·v;,., .. <;;, .. . ·•· . . ~· ·, " ' .·. : ' .~ ·. '· ,., •' '···' I. .. ' • t I . . ' ' ' . ... • 0 I, ' ... ···;; .. :.·. '. ,o;~ . . ·', .· -'·. .. ',I, r, ':' •, : \· -·. . ·, ~: :, '. I . ,· ,. ·; .. ~.._.,.....,__."l!llilll_.. ......... _. .................................................... I ... :. '. '" -~ ' ·',. ._; '. ·. :,.'.'• ,.· .·.'.; c~ : ·.' ,: '·:,; ··;,: ( ) ~-....... .··; .·.. {', ' ·:) ' ' · S~e ... J.2: Issues..t: Sieri.es,_Divj~,.!ous. An issue· :or. bo;r..ds shall constitute .,aJ.1 of. the .. 50j5(5 ia&ueQ'. pursuant to a .reso-lut1on.._or il#::ention~: ,;_ l!aeh' 1ssue)3:tla:i1 .~· gi~~~n a ser:tal (designation. '.The CO\lncil.may:j. w:·1'ta· di:acretion;, .divide' the .i.eµe .. int¢· two o.rmore d1v181ons arid :N.x ii:fr:terent ,' &i.tes ~~or tne bond8' of ea.ch di v18'1on, . 1n Whi·ch ev·erit .. the ;bond.$,: of.· ~¢h dtvis1on .. shall be ma.de payable· ::. '· ·-at::~ sµc~ tm:e or t1.Jnes:~. tb:e/COunej.:l. sha.ll dete:l~e.. Pos~~S:s1on ·. bo.nda shall. consti:·tute :a· div.1s1or •. <>f' an: issue. Al.l bends 'of any · issue. shall: have::··eqpal priority.. --.·· · · ·· · · : . ' · .. :, ·:., 'i:· ·· · ·: . : .; ~c~ 13. dauat>1e. Bonds •.. BOnds a~~ n0t subject to call or . . ·.red~t:tc>n pr1or:·:to t'fi~±r .. fiied ma.1;~1ty date .unless the right to ex~i~e-.the::·ca.11 'fs,_: expre'Ssly .stat\~d on :the fac.i of the bonds.: '. Pi-ofu·i(>n J?lay ~:;vm8;de-;.thereili::ror ~( preDd.um ,.on call. ' . :: ' · .• _,. ·: ·~·~~ "l~~-~ ~ie~e~~·--~nds. If the proc.eed.s, ot ~e bonds _r~r: &J:lY :rea.so~,-are:'I'es.s~;Jffiaii·the cost or .. the acquu.1t1ons and -.tmpr(:i:vemerrts ·. ana· ~~ei~>1, ~c1dentcd thereto, additional bonds 'J»ay. 'be.: :1,ssu~ _ b~ _f;:1l1tis:: :Wit,b' . the · CJ~erk a·_ dee!ar:a tion or ·s-ta tement . 'O:t'1t"t~e· ameu:ot/r~ee:s.:sar:-.r;,the~etor and: by g:tv1rig notice ana holding . · a:<:'·hea~::::a.1rid: :®t~:tng:: ~ :.-amoufrt tit b¢nds to be 18S ued I there.:. :.· ~t:~:~·a;~;. ~rpv.:~~e~·:;'.f.i~F~:1n\!,~:;..the 1ss1iance :Or b()rids upon declaratior~, ·.-:aot:1,ee<<an~: hear~~): :.sa-1~·:.~nds .sh;:~ll be· deemed ·a division or the bo~-~ of":~~~! ma;~.-'_:its:eu~:~~:'.:" -· · . : · -- ::: : Se~~":].~):~ JfuiJ~~€i;;}: Sem1-annixal. interest coupo~ shall be.· ' at,~ehe'1 .. 't~.'.~:1-~~.<:~~:f. 'be made :payable,_on the. 2nd days of .::~~~,'.~d ::J?~·:O:~::.~cl);, w~&r;. .exc~;p''.ting, that ... t~~ :first coupon. ;: $~. be. r~~~. il:l'.te:res;,t' ~ :.t1lefr dnt(:? to the 2n~·. day of' January next:i;S.ucceectilig:: t¢Ux-::.:morlths.';&itter: iihe .. date of'. $;fo...h D<>nc!s. Provi- -<.s.1iiris:,mair,:')>E(made for· :tJ:l°e'pa;Yment of> interest f':N>m the. proceeds Of -· the;;·.:sa1$i:6'!' 'the bOOdsf.,:for tile .. pe-r1od or acqu1s1t1on and construe- : 1;;1on-~f:;;:..tlie .project and· tor .one yeHr ther~af'tf~r •. I:f upon preaen­~:\t;.:1on\~:t-.. ma~tu.r±,t;y:i_ payment o:t .a.riy: l>Ond. 1s not' made as herein 'pr6v.1cred:;:: il'l~teres:t'.;:spall :cont:iriue '~t f;he_ same rate Un.t:u the prl.nc~pai: ·1s ·pa,1d\:ili ,;tuJ.1:~·: :-·; ·. · : : -·:· . . , : · '' --sec.: .16~.-;. _ Ad V:a1~~km:. 'nix.' Fc~r• each d.1~trict in which an . 1sS.-Ue or bonq.B:/hii'.S &§en"'.'.,J~a-pU'...""'Bua.nt'. here.:to, the councJ.l sha.11· -·.·· 8.nn'Ually, -· ,urit1l 8.11, or:: thii bond8 and_ interest thereon have been ( .. ·. _ pa±d. 1n tull1;;'at:; the t~: o:t;', leyy1l'.1g the taxes for general C1ty .I>~es, .. ,l~9;Y, atj:-~d-'i&:1?rem:tas:~~s'.s:ment> upon all real property -, ... ,;: .w1:.t)\i:n aa.1~~--d-:l:s-tr1_c:t.:,excep:t publicJ,y otmed pro;>e.rty, wh1ch:levy sha:ll .,l:)E;· .. ··±n::!in ·am~urit' clearly;.·. stii'rteie:n:t, together with any moneys· -w~i:cll';a:loe.,0-r' mar. be in the redempt:l.on''~d and after maldng:.ade- · .. \. ·_ qua''te:> al10WClirtcie i"or: ~·stil:iated,,. delitlQ.Ueric1es, 'to .. pay a.11 Of the .'Pr~pal:;.~r· ~d.-·iilterAAt e>:z:i; ~aid'.lciids: whfch s'hall be.come: payable " ~ ' ( ; I. : ... • .be~ore:··the.: pl:-0'¢.e.eds· of" aXiother s_ueb· levy shall be available· : : .. theretor. ,; · · : :, :: . · · · · · ·· · . 1,' l.' . '•.'., .. ' :~ . ' . -~· " :. ; :~ - • ', <~ I /.· ., . . '· .,, .,-,·. , '(:S~~~.··17:"'.-.. /Id~·:.~~:Method_·of. CO'll:ecti.on .. ·. S8.1d special assess­ -merit levy -S~il.1-oo levied .iffil" co:!lE C£.ed upon the last e<;,u.a11zed •·· ,:se_cW;>ed\and::'t;~t1li.;ty· tax··'rolls., uPOn·wh1ch.general' City taxes are' collected: ••. ·tt:, shall~ be :til' additio:ci to .all other ._taxes levied for g~~1· •• c:tt~ .i:>urw-2.e3,, a.lid :sha:ll oo levied, :computed, entered,_ , . , C:Ol:li¢ete-d, '.a.ndt enf.'(;l:~C~d:' ill the '.same manner-.and by the same persons .aria:(:a~: tn;f same_.·t_ime;,:~a.rid w:itl;i.:1~~ same, ~nalt1ces~ and interest, -· a.Sta:~e:pth~~:,ta.xea:• .ror::Cit.y_,purj)Os:es, and all laws app~~ble to -:the _1¢-vy~, .cO-l;lee:~ion .. arid~ en:f.oi .. ceme11t ._o(··.taxes fo.r C1ty purposes '-: ·ar,e. ~hereby made aJ)plieaJ·~ie: to said special assessmen~ levy.. and ; .·. 'be. aubje-ct t'c)':redemption with.in one year from the date ot sale 1n . tqe _ S.S;me. mani:f~r as: SUCh: .real prope:r:ty 1.S l"edeemed from the sale f'o~~·general ·:¢fty taxes,. and if not redeemed shall in like manner . pass tO the pi1lteht1ser. · · .. : .. :·· ·:· .·. '•. ·. ·'. ',. · .. ·· 3 • • ~-·.' .. . ·• .. ... ·'',. • . • I • ,. : ... . ~ ·' ' .... (-. ·. •, ~ . ... .. ·' / : ', · ... ' ·,·, .. ~ , ,. ' ,' .... · .. :.. .·.,· ._- ' ' ~.... ,,W4ji#( " ~1A1&;uuc: ea .' 4.Uf' .. Z J lllll\1%2Z4W #U IS. aua . ( .' . ', _:. ' •' ,'-' I ', '• ~J;.~"ft'.N.'ll.tl,~~-~.-;~~~""~'l'lf,ff~¥\~,\:U.~...-"¥~11! _____ ,.,...1#"u..,~,.......,_.._,.., ....... , •• ,,.. ,.,.__.,,,,_. . :,• ·, .. ,·. ! '· ''· ... . < , __ i~c. is ..... contrt'butiona.. '!he eo.unc:il. ~ aoriua117, at•:o~ .. , :P:.i:l#! .to :tpe . ·tiiii-$~ levy-:-:is made9 :.or at...:!ttcll other· time as 1t. ·. shall de'termJ.ne.,::.trans:ter to1':th1i redemption f'Und of said bonds . ·. " ,such'/~t cir':amountS as 1t, &hill de~rmine. . '·-:.· • ,., < ; ·. ·~:Sec~:;,l.9., \, z.One~!?: If'.~<::~.: t}le judgment t:>f: th,e Coune11 eonduct­tnS. the·:pi°'Qeitediili,,: varyi.r.igY'bene:f'its. to .. be derived by the tiltterent :pareelS :.<)£0 r4~l prope~y ly4...iig 'W1th:in . the .. aaessment :district so . . r~Ufre,;·. ·the. di.1St.r1et :ma:i b~Vd1v1ded into: z<>nes according tO. bezle:.. .:!t';ts1~ •.• Tlie·d-iL&~riet may 'be'.:d1vided inte> as: milY: zones-~up to th~ . · ·.·. · :tp~~:~ber. of J)a:rcele:. Of :cl.arid· in the< district~~ 'IJJB.Y· be deemed ..• · :-. pe~~·.aJ:x.t·ea:ch ... zone·· shall' be composed ot a.nd 1'.nclude all of , . toe ':'-~1 ,pi-01i)ert,: .. ::w1 th1ri ·the · ;ditrtrtet whi<!h will be bene:f'i ted in . •. l:tke -~:~)~::·1'bt?}COUne1J/s:ha.ll also determine\·'~: percentage of. , '.the/su:ai,.~~~oe ~~::c·nch ye~r-&,,· 1.te ie\ty &nd c•olle·et1.'.0n or the ·· · · . , s:r)eci&l. aSis_ei&smerit ,takes . i:ri .. the d:t~ tr1ct. for. the 'J)ayments on the ·· . · ·jpr:~·c~pal ,~~'.~ int;fiA,,s·~: ;:?t'; the; bonds,., .which · w111 be . r&is.ed . from. --th~: :rea1 .. pro,pert;y:·.in: eacb; .zone_~··· Wben the d1&tr1ct· 1s M.v1ded into . s\lcll zonetf~ the reso:l;uti:On:'ot :intention. sbal:l 'sd ·state~ givir;Jg, said ::·pe~~ it9. be .rai.r.J:ed .. ~m· tbe·:ceal p~j)ercy 1ri eacli .zone .• : Ea.eh .·.~ ·.· %p~{::·~~1;-be,(·9~~te~·cy. ·a dittE~ren:t; ~e.tter or "numbe~ ·and shall ·· · .. ~· · .~i:c~~·;c~:tJ;i;lqwn; on:.· the map .. •or .plat;· ot the. useasment. d1a tr1et· · . . ·.· ' .. t,"i:l!Srd~•:in.i;th·e::.0£f'1ce•0;f('tl'.):e: c1t:r. 'Cl~irk·-ana:: reterred·· to .:t:n the.· reso ... · , . · ···. :1.µ;~~p-:ot? mt;ent:t~ii~. ". e:t1;£b:e~, .bj 'S¢pairllte boundaries, coloring o~.: .··.<:>~~~;: convenl1e'.nt'and-!:igraph$e.:me:tho:<t.. ·so' that all persona inter- . ;c~~~t,~y-'wi'.ti:(~~C:~~y;~u.:~er~S4n\with1n.Wob1ch, z_one· ·any pa.reeJ.',of ·. iandh:i.a: loc:a.ted.;;.·•,· . !t.::sb'a:ll.· be• s:u:rt::~c1en:t·-·:L··1t all ·cases where the 'asi~:~ainent0/d1atr::te;>.18 }tcf :be .. ,d:ty:idod: into. silch. zonea according to. b~nt-s:::,ft·.tne ·resolution oi~:.:.:I::ntention .. a.ta.tes that fact and re- <: ~e~~::,;~g::tht~e p,~~ :o~'. maP ·~or the· 'bcmndar:ies: and all d~tails con-. ce· ·· · · .. , ·e "'·O"''""' .... · · · · ·. ·. · · ":;.·\' · .. -.. ·:~·, '?;,, ·.4U_~~~-~:.. .. · :.;, .:· ... ' -' ' • , r, '·"·, ;•;'. ., • ' <'. .: ·. · .. •.·.:: ..... :s.··.····~~.·.:'.~~:~ ··\.y~JlidfiJo;t .Bonds aiid TaX.-Rat~. · All.· bonds. 1.ssued.· · .. · a;ld·~a~l;;•(.:.tgx:eis::lev.Ieti:; · c9l_lec:~ea: pursuan't~ the provu1Qna of . ·tklJ:s; ::~~).sha.11·::.'DY:· th:S.1~: i;~~J&n<:e· be conclusiv~ evidence of tne ·'· :,; ~~1rt:v:~ .. ·v-a;l:l.d1.ty:a..'ld legal ·sur:r1c1ency or al,l;· proceed!ngs.# ·.,.· .. '',. · · .~.a:.~.~s.::,'.;a;p:d;:tl~~~~~:t9¥··j;n. ~:VW1,se perta1n1ng thereto,· and. after :.:.the(same :are ·as.u4!d: r10: ase~ssment: .Levied or colle~ted tor the ... " -·I, ,, .. •, ~. ,, I ,. : i ,, . ".' \: , . · ::f.l~e o~ pa:ying :the; prin<iipal, o.r. interest on::sa1d bOnd.8 shall be ·'. ... )i¢14'.~lmal'.ld~or: .. 1illega1,r.:o·r· set astde by-::t""eason ·o'£..any error; . . . •. :>.;ilit:ormaMtY.·1; irregti:lari~y~ dmission 'or. defect in said proeeedings~ ::/'not. -.c?Urit~r to:s.._wa.nt:or du~ process of law-.. 0: '; i.'• ~: 2"i. •. Is8uin~ ·at N.OW Bonds When Proceed~a for BOnds ·. :rrre~f• · ~~n-:any courf:·::~o:f7',~<>m;et;enf"" Ju:elidiet on. sfii:II deter;_ .illine< ~r;;·ccn:tract purprr~1ng. to have been ma.de,. or any.pz:o- ,·" ;;~e;edir_lgs,:: ste1ps ~r::.act:t~:pul"P'?r,t.1rig to .have ti4?en. taken, or any. · .. -bond or bendi!1', 1.asued,,: .or any:<levy of asaessmant ma.de,, . under this pa~t-~11 is O·~ 8~ V01d> , tnV:a;Ii~ ·~r .:~tnenfor~eable for'. any reaa.on., or sh&ll ·:for an~r eaus;e. enjoili, th.e 1s.eiuance\ of sny l>Onds. proposiad to. . ~' .fssued .un-cller sa1-d Code, .. · s:&id· C<1urt snall alfl:O determine that~ ::. new ~n~ :ab.a:ll pe:.;: i:Ssued'_ 1n~ the· pJ.a.ce th(!reof~ 'lb.e eounc11 may I: , _azy.t.)iorder. ;tb:e·$•~sS:~.ce <;>f net1•:borK!s. when· 1t,&ball, de.te:rmine th~ eX.b':t:~mee o:f\:such voi~~ess,. 1nV&lj:.d1ty or uneri-t'orc.~b1li.ty. In su.Ch~-event:'',the.:Cou:ne·:t'l''.·aba.ll caua•~ a· declaration tQ be tiled: wh1.ch .s.h.iill .. ata.~}:th~: &,mount6~: any,:w.orlt.per.(~, ··imprOVelllerit8 .mad.e, . '·~ ... '• ac®;iis:t~ons.: ·•:cad~.· and. the .:.eXJ>ensei~ :ill~1denta.t thereto;,. and,. the .· . . :eS::~ima~.e()st.\of a~. , w. :l)e'. :hfm .. : .: 'l'be1 :declaration shall be .no~1eed and· :heard and ;~~ bOnds iss·ued as herein provided tor· acqu1s1 tion . bOnds~ .. · , · : · - ·',.• ', ( ·:. ,• :'..:. ·, ' ·· · · · ,· · . • ·: ~tfon 2:~ ~rhls:/~oro~<i•e. s.l~i1' .take. etfect up(>n the exi)ira. t1on < ~!;~'.'ft?;~,;~;~t.J;~~;~: ' ,, ' :> -1:,.,'.·\· ::./{J· ,;·<·!·. ,·;1·":.~ ·</ •,' ·< .... ·~',:,;~~f (,, :.f ·•··· ··:~: ~L~{.'·;';:. ·~: ·i(:1:·~::, .,:··:· ,;~:.''.,·f ~:;;~~.· ,. •· ·· . ,, .,,.,/ .~ ... ·• a IC .. • nt~~~ ··/J,:{; ;;<::dCTF!.~]:T? (· ., ···~t:,:0:f 'L "' .. , .\• .. } . [.· ·,,._ j· . / .I / _.,_.,"l'r-:~.~. -.~. -. ~.;~, ·-~r'f"--·-,,-~~~~~-"7~~~~---....,.--.......... -,,...\1 ·~-:-<:-<~. ~..,.,...,.,....,, .... , __ '."'"'"'"'"'-"''""" ______________________ ,.. __ J_ /,'" ·:: .. : .. -'./ ' . . ' . -. . ,:t~-~\'y::'.~t1~1""~~~,:;i',~~'.~,~~~~~~,l';ll~i:i·~;,,t<\'l.:N 'J.7.""'•"-'~~,..,,,, .• ,,w,,..,.,~~ .. -, ...... ,,,._.~,:·· ,•,' 1.,..", ' '·~ ·' . I I ·-·, _.: : .;.-~-• < ,• : Th.~.~· abov:e ancf forego;1ng ord1nan~·e wa.s du.~ arid. regularly ,•:,• . : ' , ~'.introduced a1:; a::regular· meeting of the .coU:ncil of the C1t)"'. c" .. oi· ~lo•· Al to .. on~1{;.~r·. the · Utb ·,,.··1'• . -- . . ·' ~ . ___ ... _ _.Mar_: ~cl=·~ ... ·1959;: duly and· reghlarly pa.ased by the toliotiing vote: . ,..~ ··A.&.~,.: Biahop, Byxbeei: eorc?ran. Cresa.p; ·Davi•., ~; Gi!fm. Ma%· shall, · Mi:tch."U"' .. Navia; a Porter~ :.Rodge.'%' a_~ S~ph~. Woodward .. NOES.; .. None .. ,; .- . '. , ABSENT: .R.uppC;tbal: . ·. . . . •·: \ '" /], .· ; ·. 't ·. ' ~--' ' . ~-A .. ·.•· .· .• .·: . . Ar:PRoV'ED: "o· z.d!'E_ ~ P-· Mayor . ./ _e ,:-,_. :-· -~ ~'. . II