HomeMy WebLinkAboutRESO 2991RESOLUTION NO. 29,1
G/V sa f ,. a tea, t'44 wrctt Cl,*4 4P,0 ,. . 0. I, y ..,ih ri'+t o '.
A RISOLUTICM PROVIDING POR mania
I` g
RESOLVED, byathie Council of the Cityofl oA Alto;
Clara County, California, that t r b :. ,. ^ { ;� vr.
. : .�. 4 .� �:;;..:i3 f ''t' 7i .,, r i •,,... 't �'�.'+'�y r 7 t.''i, . m,. 'F - HrF;�'�': �,;;-e' � '"` .
►IH REkS, the City of Palo Alto, in the County of eta Clara,
State of California, herein pilled 'City, is a Oharter',Cit y, duly
organised and existing under'and d puck a nt -to ltke prOvis ons ot the
Constitution of the State of California .
cz tti�{
11,1
WHEREAS, by the terms of said Charter, the CitY its 1,1 powered
to make end ainforoe all laws and regc a'aions to reitpiot o si-
pal affairs, eubjeot'- on» to' euoh iiitriottocai and lint' ions as
nay be provided in mad. Charter and acid C�enstitutieii r' alt;'bo
exercise any *lend all rights, pol trs and privilages heretofore or
hereafter established, granted and prese ed by any fax of In.
State, said Charter,Orf byany other lain ' Alba
munioipal corporation Wight or 'dbnid exere 's `ie l rboii titu-
,ry
t� on; inoYti�ding all . pawess �adt: lzt o®rii � of Sri i� ter" p o ' bP
said Charter now or heresrter griAid to generei Lsw p er a
ulisi►ein it is provided that'thi:onUieration in .1'Bittehl4taii4
any partioular power shall not be held to be e7da1taive Of or s'ay
iilaitation upon said general ,giant of p werl.a
ti ff s, 'the aa�uisitieo-�, ee�nbt2retoti , ovaiiaraht p,
merit, maintena ioe ` opei+iit on, re` Pir,' kd riGn,' ``ix+: "' improiiimmt of tot abil ` mike.
prints iii
Ingnive, Atdinaa ,'<Norl,.,i$,1, 41tlithee4Vad' Alts 1 rsei nt
.1Preeeduswi todmf'., adapted' tip 't>d lti;oa*4461 •Oirlsokta Y 13, 0i1,
. As ondeA,'we iti''ad + t4w':tl fiiit' 1[ui�l fitly . ' '
restledt-Sai said Sonfaiiillb7 ii ia° iiiVitbi' to A °' sor feioas
oP satd` te�hr.'%:el�d=bldlerii' e''AO'aiM� e l i'N' 4 slid'thereto
es ia1 'or''othe WisePprirrii ed't1n . aatA 1140 et►r L* thi ., i
sti�bmtiii� tit Ante 'A ''�1' dM1f?tm llsitY "etcher' nlabetho1:'17' o!
Article JLT1't,' eat', o 1Whi nh' 1Weelpreien4041in 'been .had b ,the
of Aoberi`i1 'the P►eoeed!insa 14ding ,,l "die the e4olithen ot
this "1 lseiUtton " otter preeviiedt fl toI thst end / del7: had land taken;
1 U; 'en' Niiirui 1.,1Si5ey ' 1be Gennott adept's' its=
.17"Q8" P2`ovtall* r,hlkunif'.' "$o it, ~OM' '; . . .
the `Coafl l lirQ tded fol the 'isemenae of#25 WO 'of bed
" dirluaftt tc'Bond 'ken If o? Artiele` RP`''et"liA d-°Ordiinamee, whieA
bdrde hair refine' "laeir"1 Iihnaed; wild 'end deitreredy ' •
" ettlittAS, on Aprfl'14, ,1958; the Council adopted ite 'Beso-
intion Ni . `20§ A .24:Adlution, of. Prellainary. Approval of 'wettest*
'Of Coat Said of Intention to
14ake Changes and 1t►diittoationa, 'wherein :the..Ctounoil prelittenarily
dot rjtn d that the p$biie iitetrist, Oonvenititte eifd. nieesaily
Pequired *iM that it wise the intention of the Council to make
aertato ohbi Se 'and moditicdrbi' iri the eeoiniiitiona to be made
and work to be done, the estimate of cost and the amount of
bonds :to be`.ialltvi#kd u fr' etitliAti n No. 2628 of ]Dre cry+ De-
tafrmiriaUloti avid `1�e laltitibea NW.' i d5e`'d# intefttidti adsptsd' dwtae
27, i933, end 8iop iiiilriiiif-12, '1953; `rem iiet3tiifli", said ehafgoo and
'piadii' .odttione lief.** therein p itailar3.yig oftibidy :and wherein
thi tlttti{ieii lixtod'Ihnidati Ape'lt 218, 1956, 'his 'tile time sad place
hearing thereon;
o,
T f, 1 4: Tyu 111 . OS,,?:!,
. ;14111124L
b `` iitid''Ytt tiller is l ii+ A tililr000" = 40Anti iiittti ted
ttB' Retiotiktibxi' * Il'lto+#b ii9ss� a lia3 i90 e S 1e
e►h� Neoesei.4y. aM E lrig lhsag i" + 1!` fteatti ; andt"
it l, attiglif
C tituttieata feats" wishielotlita r ' t titt tik" anirtiViveitat iar
of • Wait, t ttriat ietlld likkol ifit`' ed rie r abaft'. to' be
de»re; t&-hablo0A-4.1411d;bevi*Ommed 0446f i^ A, ate" `thy'
1.0iitittiosnOr iiti p3tsa ►b#t3' bt1Mi+�s `ti9'' 'ti `'`t s� i5 "this"dtai ti'i�r]tt lain
widAtifirateibat itAba,propittieladiatilbed in said Resolution
No. 29/9, .9t .`.r>t 7.`"Y ` .. hahtiY `baeh°' Qvi ' 1i&vi) * pd r
aria' havi bean-peeeirked' in 'rte 1ar aloe dl * ?orbs, tii ll� and ! Afl &r
ar ratialrOW. bf law, And the Clty - ddfinm11 is Ama-atthiftmed to
issue and•,:se11 #paid bonds'a it'AW1eV' bpeeia1' °ad' vdlokil aastss-
merbs' upon the real preperb *3%hirt'•the disbrfet dete'milsed `tb•
be the° distt"lot benefited` t hetisby, ..ai1..ae • more particularly
finally provided iii l eadliitt 11'`Nb. 2658; • Otdering` tequisitions
and Improvenents u#I itodifiect adopted b'. this 4otmeil oa
October 10,'1955, -and in'Reablation No. 2040 ,A Rdsolutiois
Debarm3nitlrgAenverilenoe•`and Neceasity"'4 'orderini Chases acid
Modifieations, adopted 'Maas' 12, 1958.
"NOM?, 'iNENEFO IR'4E'NENEBI' iET fl ' 1 ! oksirkb, as'
" 1. 'Bond Law' Except as herein otherwise provided, the
bonds herein provided to be issued a .11 be issued pur di; e
the provisions of Ordinance No. 844, entitled Palo A1toTImpove-
ment Procedure Code, adopted January 13, 1941 by this Counpjl,
as amended, and particularly Part 6t Bond Plan E of Article IV
thereof.
-3-
ft
i to
40.
2. *kiwis*. The publib 'Slft' t Mst, eonveniene6erSIM! 1IEe-
063
essityrpuire and the public evens and general welfare "x13,1
0
be served by the aoquisitionand ocnstruetiea of off-street
.rc3 My K:.'.: E4a
parking facilities, all as more partieularlly described in Reso-
lution,210.2979 A Resolution of Preliminary Approval of Estivate
of Cost and of Preliminary Determination and of Intention to Make
Changea�and Modification, adopted by this Council on April 14,
1958, which aoquisitions and•i*provteaents wore ordered by this
Council by1Resolution No. 2990 , A Resolution Determining
� -' - fir'
donvonienoe and Necessity and Ordering Chewer and Modifioatians,
adoptedbythis Council on May 12,.1958.
3. $up$lemental ono Leg.. The total amount of the supple-
;,,~, .
mental issue is Eighty Thousand Dollars ($80,000), the prfneipal
and interest of which are to be servioed by special annual ad
valorem realty special assessment levies on the real property
within the area described in said Resolution of Intention, except-
ing therefrom all public streets, avenues, highways, lanes and
alleys, and other public plates and ways, within said diitriot in
use in the performance of a public function. as such, whioh levies
are hereby •deternnined and declared to be unlimited either as to
rate or amount. Said bonds shall be datedJune 15, 1958, shall
be eighty (80) in number and numbered 1 to 80, both inclusive, in
the denomination of $1,000 each, and shall mature serially, in
,. _ r..
the order of serial number, on July 2 in the years and in the
amounts, an follows:
Bond Nos. Tear of Yrincipal
( nc1rs,�,-T) _ f.l:i,�. �il.ri.'di �/r.r4j; �7( . ^-�' Sr- .. �,. '1J-i..: �" -. '�
2,3
4,5
1959
• 1960 •
y p l
6,7 1962
*0140
$1,000
2,000
2,000
2,000
44 69
Hoed Noe. Tow of Prinotpol
Xr o1U/tve) Nattlr +ty, Pam*
8,9 1963 $2,000
'.:'+ . . s• ;: ,.k'L t'.a9q�r+:.3 ��.ai1 c' •?x .. `,J_ :.e, .,
1S. :J A irj„ ,. . G,1'ci1,Sl9 t5. Tiny • %Cue
34•415,.
6,`5,. l tx,.l w- ,_ . 2; OW
.
�. 1%1.Q .. !. .:J f'i;t i"'1 'Xi • :1 �'r.��. $ .tY1' : .� c} ... . "2,i, 'G'
x.1,3419-..,• • ! :- r. r: 1. ! hnee) ' : 'r: •,r
20,21 , ' . . .. :: ;ir•. `1,'1115$' 1 y , . >•': . "1*a 2; 1.d
22,2 1 ,.4.4 ?!t, is .. , aa}!. '741 yrl►.1 r, ' '�.:..11•'"�.`: �.
24.4;25' ; ,y..,. {.�.�t.�...e ;1 ;Y (I R.'. .1971 i'• �,r:{ •!
.$6428h,.- ,. 6..,. P; 1t$
.. yy1� i4.k ., .. .. . 1_m ''.' `, ':�i:" a .�.? e. . , : %.00.'
-'JAM .. 'i., ... . i'' zv ..9 ,.:16 t.
2!,
' V419 P. . .'.J ..r:i :`'1"' . 1978' :t':'.7p'• ., . .-141,00%
5O,,52 ;j:',,.'8Y'''. ,. .f. , logo, . , . n� i.1 : y' •! Y, }ego,
53,36:.V i , � . Y -m:; 3481.. '. _ . w ,-. ., 'Ali Orak. '. .
.547440 . p :: , e t; i:, ' ,,i .41.-': L :,.. 4, 000
61-64, I. 1983 Y.7 ..::tom; 000
:,...:, 69-72 t: {. . :1 ..1 k. '' ,.11/ 000
77-80::, J,:.. 1 ;.2.98,T3 re .�:.:i t 3 q}ti. '9 '.•1; al, 01.`-•
b P,� yZO .04140
•S, M 'e '�Yri 1,.nt •,Yit, OT
NM*
0
illbp AID 8y '1Cfi+�tlEiffyi+ rtp6, 1k41 iisn tot Artialei`t" f.
r }.. v _ �, � R-"i' '( ' aH Gib t �!.a.... + r• , to 1 'wi'• - r:
Ordasanoe No "8#:, +�nit1+a Pao it� roteent' roser�tixe'
•
Go&a�', ` adb rteid "Je ri ; 10i, gas aMend igi e sit* 'of ga1o:;
Alto �A ' i oipail`}corpora i$ �opeeRti rr rl' iii l oiaera+'
Chat4t.$,` dtate of Calirornia, fox vafus reoeived, 1i11 pay to
bearer; eat oar 1h�. fr�rd•��iers�nafter ' s d�day
"Sr duly, g ; th ` wn'cr'o etkoiSl "` . i'14s ($i, )
lawful"money of the Nits States, wish interest thereon from
date, as a id*noed by intermiteospoiii attached to thin: 'bond at
the time of issuendie: " aid `f sere it is pays 'ir iemi-annualiyon
the 2nd day of iinuary kand• tai nil' day of July, in each year, all
as more partiouiarlie e"t forth' in till XeSe u Lion prow :k g' i'as
'theissuance 6 this bond, eiosptthat the first coupon is for
isstereet Woo 4UMS 1 95'to ° texts;ir 1959. "loth prii iipai
and iiatereat are pays $lea the office of the City Treasurer of
"the City of ?a10 Alto,' California, in any coinor currency which
on 44 'Gate 6f paiMent a legal' tender for publie and privet;
debts, U0di Mesehtetion rand 'surrender of tihi 'bond orthe inter -
eat coupons as theyCeeeerally tiecosse dui.
If upon presentation at maturity , pajiaent 'of this 'brand ie
not made as herein provided, intereet hereon shall oontinue`a `.
the same rate until the prinoipal hereof is paid in fall.
This bond is one of a suppiaa►antal sainaii ie total priilei-
pal amount ot (1,o0o, all of like date and tenor except` as to
number, maturity (and interest ratio)', al:t issue& Sy "the City
the purpose v pxovidi�hg Monty to fiienii as es'and modi-
t:::. t:, 'a•.>- Fw�G ;�' @,C lwrl:.l, it ° .. .;..n J 7J -.;�', s: aU �, :"a .-. . ': �' - 'R .f -i.": .
ficstions in art to gr9lss coma t of ae�nixttt� and con-
struoting atstoaaflbile par p1taceu 4ia ' t ! eCO; ise t •dia-
triot, aid"fie Sit'torth °a t dessri td s de lair. 9,
A Resolution of Prelininery Approval of ' tiaate of Cost and of
..>�.pbw..t:.
o •� at
h ',
0 ti
Preliminary Determination and of Intention to Matte Changes and
Modifioatiooe, adopted April 14, 1958, by tke Cemacil of the City
of.,Palo A o„r: ► k 01 41' ` 2014401
b1by.,404:40,,,,atriowawygwe with the 8 !eeholders' Charter of said
City, >al1 �e ¢ rf4,714 sitoit s ?t ts#114, r eiol
Y sac t o ,,;#00 14x Left 1l 'e l ilt« yA,.,, *9.1149631° •
wi.!&bta00i ins * alte ,Ae:ikte1i;,. 1 9 ”
fit eltlA4r,,: folk OrdR44.0, �W**M. t Wailf, I ,12,
195 .+. ,t,Nssolution No. 2991 , Providing for„the Inman** of
3onda`;t' ► t "0 ' 490,h P9! ; !'090 A4t,
*aim 0004 -]..:.I�ee.OVA
,:4 er,4 4si& ►iAll!;:. .d F ,, . C i +�9�y�il:Pp : + Q
t ., a bl : 'owgc'{�: pp�4f n 7 at, J..'. v .
:mss M: ; ,.14+I�bi r tom. ,!**.74444144041.10114* *y
Distri44,140s4w ilemloi Qt 4 400104,iMi Plaatr t,
exalateSiveXylrOe. sed4 POOP pDtA1k*�i1 iSPOI '3 ew ' 141W PrOkaMr,r
of ,sal; csarbnoSoktid0 411.Or h !c !OA: ;4**
a special amassment tax will be' levied and eslleeted nor all
the 2400P,01 VAPPOWNIPtioLIAMP, H•01404**/ 40144*
in 004 pre ,eed ,=M «r P40#1440.- ProPi44 ,peb2ic . plaee
an**Ay* Ln elOik, 0 p4 M nigi,,a a#E #40 144% ** 1
1149140,0409414 44101044 Po Pr tb4 ,, A►+ 1 °at*,.o�`
said bonds as the same shall beoome payable, until all said bonds
and the interest thereon ars paid in fu 1.
In the event o: a delimquinsy is 1 }s i Of any install-
ment of the assessments levied "ate enws 4. lk.timmWa' -
prop°fti, pmt+. t.thfx, i!.1KAWI P014trik tfc 0010
bsag,44 , yt Am . tit, moslOOTT4Y4. iteciftitsbA
t .' 141 140 r., ,.nth
POISWebt A,Iltfok. frif tottruAt4.14LION4114449101044401/4-:v ,
such funds are not available, then to .levy a tax 1100TOW
414h, L
S.A. 1ti.
µ b,
1.? 13,°,..1914r AMMO „tfiW.L.POItittegiftv,00te.PAY. ;1J4
t eii$. as'1,p; ' •A ria *0 ,12110 ' o Pao at
e,, . ilrilfVr1 1410%4 •, ;od 1;4 �� r .;> ts6
r tip 1!041' ttAngrluxmisroktetstralsopt4041Wisitealtt,
or,fitA other time as it aball.d eterhiste, the Ceuns .is
aut or nA OtTAAA .tOa if..a gtilamotvoaac.
7 9:41 . 4 4,1 St's!'.# aUbe44Utag .8..y a..
4Rigrwcp AND A.*CIT!D that all acts, conditions
and things regcired by t4oismtitshlwind less of the State
of Calirssry ,a Fa,4 the Charter and ordinances stf said City, to
be dons, to happen and thAeLgehferme4,,preoedent to and in the
issuance of this bond, have`! ., n , have happened and have
been performslte A.Oitti14' a iitS fd —iiak aid ua, r as re-
quired byr ,' ` hd` ihiar bbz t s �rcaiY a tisi itf iv7tdeirsas thereof.
',0.3 VI -1n
"i ifife % y `ot'Bs10 4to has
caused tzi i„' t"biie4o +e iiikl,iiiiviiieerti,01414iirii i saki'
City and Cattly--Oletia 4114 hale estnese* ta'Olerk to r' ?ix
hereto its jai of June, 1958.
iii tutor
.tt'c t•.f 1: fir' ' ,t.? . e:- q);01t 4a
• . A dA�i�w, �. : .G,44 T .-4447 .' "e4{a-
I t:°1d! a �ity;,t1i h11 'r't z h ammo, cif 11 p had
°M40 1#444147t4aefht41.11Mt. :# atfi k. -
to ehaliA),ar 1,e,eftt,*,44,1filtefottwlafteapned signature
of the City Treasurer. nub signing ant sealing of said bonds
by said offioers innithitligning of said enOp nn —In► said
Treasurer shall ooustitmk 1 ); ,►;',a iefficienv and binding
execution of oaaht ► 14:: e*Ori: ' eol **WSW- !rid of all of
said ooxfbO*st h ,K" g sr,* ,. r ;
6. int s . 4., <4opsas , ' ► r: ev90. R=;1 lie. . t _ aaah
of said bond*' andl,evidenkeln th roolk*:.,017.1it_lfhefieon,
shall bet;nnunbaris oonseseti 3 0 s0...i b. nt p3 y► fir- the
followine fork, t*pini'Le
CITY OF PALO ALTO
CAT.TDQRI A:;;:
O4a.the 2nd day of July (January), 19. . . . , the
. OF F.aal:a::ik ,.to X1411 :past', to: be sr !. o i to
and 't1an •,74 a a !nta Parking
.Boris Of .1956) .3ftereah tnd : , e tl on .und,
office.ii" the Qity Treasurer, Palo Alto, California,
for iaterweti,:bhem 'A 4;'oa..,i.' s Par3 ing:::¥°nd dated
June 15, 1958.
Treesurer
Bond lio.
in addition to the foregoing form of couben whleb '*hill be
' ettaohed to the bonds, t rare frill be a . ona1' oaupons
attached to the bends et ths time of teenage*, if requests*
in the,, bid upon * LChthe bays sire euxu, mien Oa1 Fir er
,••, .. •'' •..f" .risk4°1t''' :�. r.1. Zt ': ti"!!'n'r'•'i K,k:.�•, �• '- Aim..
for the payment of Additions],4�rrat. ` airs o eso i Iibeh
t :* r11- ,ti/ez'ii :i° a ,!'.�;,11bA4:w •J: tJaeSdrS. !e: �n...R »:::li
coupon shall be substemtislly as fellowss
ktt cti., ,4t ' r41! >aik 174:A6. ;s•
atp��A, terra A i.,i� „^ire9 '319 a'itti
it ..
•
•
7,f",° r .? J,. a, I5AI T;06I,*
4h11 . r, F 4Vi:i43:1" y'"fi
Its f a f i 's;" o�rpi �� "Ar1i Wr `' et r1l 'fie tt
f t, -7';14 r ,
f d ' Gf' `I'956 Interest and Redeaption P u°, at
;w N "fialatiSi 4 Nktf i!'s!t`f<ii `, rr'ileY ''A1t r; Yi -
VMi✓ %iri.
tattaget
"T t i$ g 4 laa shall keN� rsaord of
tho noi4e,, tbpuPurahffsrf, o; t ronfiratl}Q o; aJ,1 e1ooessive
} +pldersi p ..oblff4l„bfM14, 04114. hsr r ,P,;" a* enoh infor-
maspn
Q ,+ilr�rp ids ''a • � rc
�l�
.,. & ailei'�+ TIR,."'pp!'P!" :.,.•a Pei et, tIr
Pr +1.' 'elfuW(Qf ' ► ,Qp&i 10A Q, P* ,p,A).to, a04.-
Q4 Itfiellen'Qt! TAM! .- fi tted 11M .$I f !I,A0),7
, e s h1!`f •?a o P3 •'1 :R1 � .: t . e .t n
ilk
9,Pe RtotififtRWPffofrkPfeeotql$PRA.14,,,aeit4arV)11 !!0.
'1 R 1!!! I '_,tee" 1,00 a et- :,! ?o c r 're ellion .# • r ueti
WW,04 „pelt+ <ae qA0P s mas .: 1 s tbu ln
and addresses of. the holders of registered bends. U*til auob
registration is oanoellsd as herein provided, the interest and
principal thereof shall be-P*Yable only to the registered
holder or to his duly registered transferee. There shell be
10-
1
'Preeititi -ascot Ei beek*Nertiti.boilre,t litiebte titbit' hiettg the
'fiatai'^9t' r+ d witti, t_'1.. $. t , rg�iY% rettiidha"eia+
`trei *yer''''de idi th* . 'o Matti# " f�''t tittetic r" 1 3iiii a 'band
,tekef ' .• an*i'errei till Ort*..*St treiteareP 'le he tame
likelier e fllli °' great"regtifrift f^ii sii�titd tl l' f9 4'�' !"j`b1lEd hit*
"14g I'd oi filter :elvdin*'! Nt*ter 4'iii ' is 'b 1d 'tl f** 'and on
t +aek •
' * r.gS. l i io '' ''' ► t Illfi "^ o d *s31 'b+a alii 11sd upon
writtetleteitilt ,tl ll 7te ate ,Open rlraoipt of ouch
e "1.14041ti, the adr#' ;i ` e e1, ''tihe' .gi ttrattitin in the
bond'regiar+irer'b*ok eld' S`tl ;''bead'At'`11 a tiehdti'7rerla14so*Y all
eWIatured : ott to the •letoe t? li111d '44111,1•11 tht-toed and` attaehed
depthei tei'-; ONAt lddr `='U ii Seth b. 1'a 244erl ltii red, tht
I'ar1 e'lpat"l ' Shirtier *heir bel**al1.• rielilerers eh* ' NI interest
`the Y °tga in In patd' etpleellevarreeter peep* po$b . Any auah
thee litaijett 're' -a Cl4ti $ to'ip'r a1 .and iefie neat
1*,ths ilea itett str .as previously unregistered bond* .
etosaettliev. be Magi *P.4 at '!to =p 1na1pa ' oily:.- "Such reg-
intottievilitaitibe oanssdelee Iii boat rs'rtdietered re to
pri*r ,ai drvisturetylit oral' .thewlettrett., lath 'bend* "ere reg-
team* *t to 'peintkparl o>ilg ,<o 'lfotartien ohatl"fib made to that
effect lbw tI. raglatrrateer► bdeit'teed°on .tht Ilene.' ?he e*pons
than...hot be dotes!** If& 41388 dI*rrett e>n: au* tends shall be
11li+;1•'"44019,..p l/eet cwt o POt tat& Q` *pon't' ' the Gate' a shier ae
.ip
' ltapttitt*.tee Vends.* ' Px :rl*i1taiMll34 ° *h*ll to paid only to
;t li , $**ttteric : a + - tat .ed•lbtta iatili`,'botid.
”40V4 ; e:'ir'` t . °.!' t i`i e$14. :Wet* ^Iar ' betithS **Gant
'wait Behat ?bit 1111,maidLtozfista d ;. 'Bona
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4—..yaYMuv�..uyy„
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ie ► li'i.�i"�o',E��,''�4'4+"• t.4��lYx��A`rxdF�" '+74��1�+iii���FIL'�F"��"'',
Ake a u. �.,�yf x flM1 s ! :l Tirl'X'
bit i i Ate, a bit!` i ie tt
or ser-
4,414.
$ a9 Provided, heneVer, that any bend Oselatared phr-
* th. �► i: i i+ idn'r %' 4 fcSv``i &
iiiiielideri,i4ilattrittent 'Mks'
a'ravg`b rs `.Cis t; bi' `OLty "iir'''1rlti4a� h` i `fib.'. �'y `°i�:o�yt�iir
ftSi•yc,:Fir.•��f.� l igi 'iMtia
fg•►,
'y` Y "��aMNI'YYiF � ; WA. W/lam i � � ®,{iil[l,'i! �• ',•s hersu i'' V{iV `oONir-
ri ri ist p . r •ihteroat:.,
y
f+ar[ s .ljat04414 �ride> r n& txahai�ge eu rie d 'tor sooh
a ., und` t t tuoi'iotilbrj hit iaot be dseletd
1,,°41 0;1
•}ir"�. l.i�d A3��:�♦ �!°.
1 ` '' Lein wNiaiat.`' ' I i of e'pro . 'loi s ate#tit`s iissoiution
shall S'onaniitd iii H sitreat between said Otty • amd the holder or
ho Ld rl�" at `fit# •" °'. he `' • . uR: ' i Jx , r t 4 :;, y as ' a it the
z 't: w str sa111 0�`i�i ' 1 ' iretio�
o� ' aip►l►' oi' b ate, t a tie
'a' • aititattititei' t `aid'' ai► ai .; t g e s t�r' 3t g
Yl3Y h ti- :4 ili y am?' 0. <sih .` �til r..
`'�'� ,•'a '�`' �`�til�r iAu h''ihj`i°��" �!n sir
ntai ir n ' " ° a or'i a'e tacatriiWtlt
t�! c tazifear��... �• ���� k�,�� to bitt,'aV�'1id'its!
N ' itia 444 iiittitelaiAltikirbehis of av iimst'
V3414.46410 M0'600,4' titaiwei4ittii4e14iiiarAii
O1Ver X31 '7i ' : ritir by i 4 ply _, Or
t`� s
ilico�l `: o Wl i " rl r iio�ad' "i e e '' of
.ohs hef t liii of skid' p$ baTattge of ad's _ outeteadieg honde ea
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1 4
04k0eltfri#6t,19L91 00104CEref HOUs <.Tr,1, r4 ,s1ter
SiR .4;24 wi, ..'`i A, .•.'•+!,a -4 449? iw;r'n .Ani 1 1,V .'.* I. . ;r
Ifs, 41.. .. X4 ! !!!iofial t:: 1r,;,FP,, kr.;, t ` r
D t: 'P« ` . M Ill; ` •i .. +aaaAp t oP ie11
0000,04, : 1? i fe„.'aM1 .a e : • d: O Ar ►u110
4.1 u1P"f.:. m.,c9 rit pat p 13 q�ztuno lon,
e��A ` : �ala ,lr,. tfayirA1 tos .�
Ake A*? r M p o ,aaotha sucsk 7.avy sha21
,;tea "t " r.t,,,, a }sTq la ;:µcb] ,o t Sa withouC 1 shat ,o
A.3.1ulliataiistacatet- ,q° 3 , ' • 1 t qr prior
�yy 4 A Q Amok qb tea . 41, 1t Yh .4
! 4-M�' ��m��!%Yd .v�+�J AVIV . it ��E:� ��..:e ,t �.;. FT ''� r �c�j:: r.�. ,-7 Y...
t, 10 4paid ohs from
?,.�?���:: ,t�a���r �' f#; � ��. " �'a� � � Vii: .. k ;�: .a�"� t�''1, .�
rata is hereby oraated a spuds'
1)3410t Mtlgniftp rr lte Park-
4°�F� 1 p� piAt ttt 741 t o
%,41.00,44, 4- a r
: tbA z 301. • '"WAlitiSeltT1. 11 apastal .
li
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14. , .Wt. ' ;'Seniabil.' *14 ilf t�:i!`' %O ' tL�'; ,�If 6�a ; . at 'Ow
$t*.' intfl'fit`'thetOnnitO Ate°114itiliplk Whitalattriiiikanel and
i►nal4 ttrr 4,rif tetni WI h44 41dialifthidtwitipon all lands
aD' :. . taailt ,is , a g- *gate
jb&a 4.,AV. ,y ; r s t�' iC3�tir= 1 W �' �(1�f► t iit a"i alt ►n,
'bad: `* " :;*1' iJt mid hry;
artniaa ! ti416 Ld t ` * 11 iandk tttIf i* ail' Miff he -{1AM A
t+# ri' `'"itsN kOsea. '
Itopl,iitoto, *thaw 4i.si 461#1.,004,00".
Ott " ltP 100,4 h. _ iifi ,r? i l l :' Abi ytcfialiot ` "' ,
dlnc�illii 'ti lb1 '1i1+ �aitiefi tWftW1 'l iii%a! Jt►: 's "tt tieee t `
aft i�"tTev '` *AU' UAW' alittatbt 4 'bbd NW ro11
�pe�iiy�' 1b y�I�iirll*11J.'1�3 aJ1�'',y� atil'�ee,e r ikstiiilFr'• TV Atari*
t 'i �:;yl1t
stiu:. titO tyy�� I �vy� y �gyN1l�plA'�A vyyl �i�awPv+��y1Aly
:oIiYYF;• �ii�Jii ` '� *!0, 41 ?s.� iirp 1 'vRp�At,�Y.1 S yarnitt-
t.. tka'' 011*. `R.T ��i .' as `i�t v7ani "a '1►1F+�r,
the'iltaii iP d'. *td - 1t tt;r:, ai ate` itiopOitions
Freti* tf;- 001'00. 'ta r 4 rtii On 4% tapaVOL0
1? SoS$ x`11 d� 1 41041110101* p o..s ;01,0 Wray
19t8h B N)E•, o ass *Voilittriothooliotor vicyjrutiliiVbetitib=r ..
444 0414 ! 10000 it,r►tl t the Vaa` il rin the
ii16. .0n1 t'' tif* 10.40* '1i sue' 1�1+ ►la it t''iNN
•t* forbit*Aift#40110011M/0144.401**04hOnvirsua
litigetti it'w'. taiit t ,. a �."�i ';^ ; 0 �..A =il, .kd .: I �n ;•
1641011100411r*4111110.4Wialatalfallge'WOW s aittl.
:4 `tb 11 0 b',_ .
Vyli iwe W **430ttf '`itt iii4 "ott"is aid
Ircidir 4114 b). 40414:101ttlinidialpleroll, and tha principal
Vint' ettectie WO'
•
1. 1.4,,,,,Tr o qP4P14,VAqiff!!PiVAIA!,444,10 140$4b 4,
and rims the a ,00 ged ;'rope, t 1"7 i9k
filt
hie�dveeemee$iI' s rA SP i
6 • :s i Att
be stti'f"icient movaeys it3 rate ' •W p fund
�� ' Y . .. 1 ' 'T A
to pay thK Deador any interest .coupon issued in any proceed -
tugs h 1”.12.PoFe o ,_ht 0:1,3 s . ,, 'i
and tbe, a are not suffixMat NORava ' ;t mNto .;,.
reserren pd created thoSetor,ri or. ?: the ° F t4 •Pe o ;paid
faailib2.sa{,aa a 3.oangofly and. t. b, recovered from the proceeds
of any special ad valorem assessment levy thereafter available
therefor, and in any event,,,:fyop the proceeds of delinquent
special ad valorem assessments recovered from the redemption or
sale oP„,, xaper T suP e4t ,V*F09., tta + P R;l�al�....Ra . t1 ..• .
tr,iraPers and advaneea ,,aya i).able., A the
lal te* levS�es, the ¥anger4 a, vri , .
a14 as provided in Sea ions 24, 25, ate 20,4,the .the Rff o6<: • ,*
Asstsssent ,Bond 4ot•.ot' 1054, as amebded,f„prior to and as the said
A dt'lin4t ee: bisbdvlrt � �,
floe n
f• •�tA4"'hd . ,,y�. )���f ^�;M '•e°F; '� K 5 :1 `tL �l..+}; i..1. n, .wA�� •
1,7.. 4tiplwAtt, 10101ark and Treasurer are hereby author-
ized: , as directed vto:ppepare and furnish to the purehsaers of
thCiaohde:44autCherehOdereemeified.copies of all .ord1nanoea
and resolutions of the ConUMWM0444111010r °
to the issuance of bonds and all other pieeeedings and records
crOkOhLtyshowing the right, power and authority to issue
said bonds and to ptieei.de he security therefor, and mush certi-
fied copies 44bertifioates shall be deemed representations
of the City as to all fasts stated thOwein.
18. peliveruoP .bonds. The bonds to be ia*i1 4 horse nd r
aha, . be sold and delivered as the Oohnell shah. det chine..
0, .)
The Treasurer shall deliver said bonds upon 3reoelpt of the pur-
-ahase price and.shall arsdit the proceeds to the special :'end
and account for payment of the cost of acquisition and con-
struction of the facilities described in the proceedings, but
the purchasers shall not be required to see to the proper
application thereof.
19. Premium' and Aoorusd Interest. Any premium and accrued
interest received from such sale shall be paid into the interest
and redemption fund and shall be used for the payment of the
principal of and interest on said bonds.
I hereby certify that the foregoing resolution was duly and
regularly adopted and passed by the City Council of the City of
Palo Alto, California, at a regular meeting thereof held on the
12th day of .May , 1958, by the following vote:
AT%S, and in favor thereof, Councilmen:
Bishop, Byxbae, Corooran, Creaap, Davis, Giffin, Marshall,
Mitchell, Nevis, Porter, Rodgers, Ruppenthal, Stephens, Noedwa
NOES, Councilmen: None.
ABSENT, Councilmen: None.
NOT VOTING, Councilmen: Avana.
bare r