HomeMy WebLinkAboutRESO 1880' l
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214
R E S 0 L U T I 0 R • O. l88o ~------........ ~ .... _ .........---..
PROVIDil'O POR TD IISUAJfCE OP BOID8
ORBGOR AVDOI, l'1' AL
ACQ'UISI'l'IOK .AID DIPROV.--IDJft'--.
PROJBC'l' 10. 48-1
RBSOLVKD, by the C1t7 council ot the C1t7 ot Palo Alto,
Cal1torn1a, that
WHEREAS, 1a1d Council did on the 28th da7 ot Jlarch, 19\9,
adopt 1t1 Re•olut1on ot Intention Xo. 1833 relating to certain work
to be done and illproye .. nta and acqu1•1t1ons to be aade in aaid
C1t7 under and purauant to the prov111on1 ot Article 7 of Ordinance
lo. 844 ot aa1d·c1t7, adopted 3anuary 13, 1941, ent1tled •ralo Alto
Illprove .. nt Procedure Code", and did therein provide that ••rial
bond• would be 11aued thereund•r purauant te the pl"OY1a1on• ot
Part 4, Bond Plan C ot Article IV ot 1a1d Code, reterenoe to Aid
Re1olut1on ot Intention being h•reb7 expreaaJ.y -de tor t\1.rther
part1culara;
WHBREAS, on August 8~ 19~9, the Superintendent ot Street• ot
••id c1t7 or Palo Alto tiled •1th the Clerk ot ea1d C1t7 a complete
l11t ot all aaaeaeaenta unpaid thereunder upon the re•pect1ve ••••••
ment and d3.agrui nuabera thereon, whereupon aaid Clerk gave notice ot
the tiling ot aaid 11at. and t1Xed in aa1d notice Monda7, the 12th da7
or September, 19-9, at the hour or 7:30 o'clock P.Jll., as the tille when
1ntereated peraonz might appear betore the City Council ot said City,
j
at the regular .. et1ng place or said Council 1n the C1ty Hall in aa1d . j
City, and ahow cause why bonda should not be ia•ued upon the ·
aecur1ty ot the unpaid aaaeacaenta •hown on aa1d 111t, all ot which !
app•ara :t'roa att1dav1ta on !11• in the ottice ot said Clerk; ·
WHIREA8, no proteats or objection• ae;a1nat the 1a1uance
ot sa3.d bonds were presented before or at the time t1xed tor aa1<!
hearing;
JrfOW, 'l'HD.D'ORE, IT IS HEREISY RESOLVRD; POOJID and
DETERMIIED, aa tollowa:
l. That •&id liat ot aaeeaaments unpaid tiled b7 aa1d
Superi?ltendent ot Streets as aforesaid waa at the t1Jlll8 or t111ng
thereof 1n all reapecta coaplete and correct, and that aince the
t111ng there-of no •••easaenta have been paid and alao that the un
paid IUHestnaenta 1n the prooeed.1.nga duly had and taken und•r and
pursuant to aaid Resolution of Intention are as tollowa:
Aaaesaaent lo. Amount Asaeeament Ko. Aat>unt
' .. ---
12 $ 389.35 69 • 25.06
~i 366.15 71 2~.06 ~6.15 74 32 .6.-
16 8.67 96 m.05 21 20.87 102 .13 23 390.52 lOi 296.62
27 9.91 10 ·u-23 30 20.~ 105 3 .46
34 361.~ 106 389.2~ ~ 20. 7 ioi 519.7 14.09 10 296.62
42 2~.06 109 520.93 47 3~ .95 119 25 .. 06
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215
A.aae111eaent Ko. Amount Aasea ... nt lo. Amount
127 $ 31.63 250 $ 498.52
131 2I.16 251 ~8.52
13~ 54 .32 252 527.51
13i 538.03 253 527.51
13 478.86 25~ ~94.32
136 507~52 256 23.32
1~7 507.52 258 423.32
l 4 326.~l 259 -23~32
150 20. 1 260 .-23.32
155 326.3'?' 261 .\23.32
156 381.15 263 423.32
~~ ·r63.05 264 .\23.32
633.19 265 915.91
159 453.57 266 655.02
16o 502.56 267 622.5-.
161 502.56 268 564.56
162 503.2~ 269 991.47
16~ 797.5 270 478.5~
.16 12.44 271 761.2
165 610.16 272 395.1~
166 587.72 ~i 366.15
167 587.~2 ~37-16 169 561. 3 276 61.96
170 293.01 271 433.59
171 ~:;~ 2i9 207.83
172 2 l 616.16
173 1,.075.10 28i lf.73.97
175 s•n .87 28 1,376.46
17b ~16.03 285 568.76
17 l2.6o 286 l,94§.23
~~ 561.§3 ~~ 3,51 .59
583. 2 121.17
182 26.39 29C 96.61
18~ 19.84 291 96.61
18 20.87 292 96.26
185 594-~9 29~ l~.42 186 538. 7 29 .4S
187 853.16 295 4o.49
190 343.66 296 40.49
191 49.90 29b 40.49
192 12.11 29 40.49
195 25.06 299 213.99
196 25.06 300 197.06
197 25.06 301 209.14
198 25.06 302 221.22
199 460.36 30i 633.oA
200 405.14 30 725.5
201 18.79 305 725.58
202 2~.06 306 725.58
203 1 .79 3oi 6o6.l2
207 412.24 30 606~12
214 13.28 309 606.12
217 ~.06 310 6o6.12
219 2 .66 311 6o6.12
220 i6S.15 312 6o6.12
221 41.07 313 6o6.12
229 ~2.02 31-606.19
239 1.76 314-A 699.43
~~ 5~-24 315 399.02
5 5.76 316 29.23
245 527.51 319 56~.05
~~ Jt.98.52 321 51 .95
527.51 322 518.95
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21.6
Aaae••unt lo. Amount Aa•••••nt Jfo. Amount -· ..... ,.._
32i • 5,179.02 419 • 6~.31 120.79 •21 6 .71 336 11~.0l Jt.22 6Jt..38 §i1 10 .50 424 64.71
3-2 lo6.79 Ji.26 64.71
J 3-i 106.79 427 6~.10
34 106.?9 430 3,8~h~06 345 106.79 431 6 .eo
346 328.71 432 3"-91 3n 356.63 43~ 97i.42 3 ' 3A6.6~ 43 652. 2
350 3 3.7 Jf,35 591.54
351 383.78 436 526.16
352 ~83.78 43~ l,,649.88
35~ Jt~.53 43 547.~ 35 49 .52 :~ 1,286.
359 248.52 741.35
360 52·7 -~l 441 100.06
361 396. 9 4~2 700.06
366 656.00 44~ 700.06 j~ 602.89 .-,4 ij<>.06 698.61 44e::: 2-~ 369 561.74 446 §A:3 3'70 561.~4 :~ 371 637. 3 5.99 372 523.6~ Jf.62 22.3~ 37~ 617 .5' 464 449.3
3'T 627.70 465 407.2~ 375 2,612.74 46A 26.2
376 515.29 46 26.08 i 37~ 515.29 1~70 ~l.97 I
31 532.06 471 45.32 ·. J
~~ 6~6.49 472 445.32 5 2.88 4?~ 665.~ 382 368.03 !J7 23.
383 ~68.03 476 619.47
385 6o.05 47b 526.30 386 .\6o.05 47 526.30
387 ~88.02 :~ 526.30 391 4·1.23 526.30
392 466.6i 481 160.26 39i ~·?~ 4 482 69.92 • 39 ~·9 :32 483 575.69
395 3.5.69 631 21.~ 396 ~22.59 63~ 20. 7
39~ 23.32 63 679.30
39 423.32 635 750.18
~6 423.32 636 499.52 423.32 ill ~1.34 401 52.26 1, 7.50 402 64.71 833.~ :gi 64.71 ~:A 6268 64.71 536 • .lf.1 ~5 461.71 649 695.19 u lf.06 461.71 650 i,100.M l
' 407 64.71 651 1,101. I
409 64.71 652 l,706.69 !
410 64.71 65~ 584.~6 ~ 411 64.71 65 515. 7 l JJ.12 65.0~ 655 s1s.4I l 41~ 64.3 656 632.0 41 64.71 ~~ 254 .. SO 417 61f .56 1#292.-.0
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~ :
.l1121e1 BMnt Jlo.
659
66o
661
6f 2
~~
665
666
~~
671
672
67i 67
575
676 6is 6 2
68~ 68
685
686
rJ-A
689
690
691
59~ 69
696 69b 71
719
720
721
722
724
725
726 72b 72
729
730
732
73~ 73
735
736
73~ 73
+~
""(41
742
74~ 74~
7•5-A
745-B
747
749
750
Amount
• 3,294.4I
61•.5 601-3~ .... • c.
~.50
~.50
47.i~
Ji9. l
3~·6I l .4
28.58
518.olf.
558.18
1,05~-7~ 60 .o
6o4.1.-
1,008.57
2,415.37
412.02
236.,0
421. 5
2,ra§:~~
6~.06
11 .~5
499.53
~28.52 70.54
25-~9 40. 9
22.65
52.72
458.69
431.30
513.71
313.71
513.71
542.71
~10.78 30.52
893.79
300.00
626.22
858.47
491.35
490.20
344.70
326.~8
547. 8
335.74
626.22
626.22
664.15
l,019.51
485.33
510.§4
1,049. 9
687.41
607.02 -.1·r .03
Jt97 .90
497 .90
-~~··· ..•. -~--· ... --.-~ ........ ~··~·.......-----.~---...,
217
Asaos ... nt Ho. Amount
751 • ~74.03
752 is.02
753 6 2.16
1§A 40.48
7· 4-0.48
759 40.~9
760 40.49
762 1'0.49
766 40.49
767 lt-0.49
769 40.49
772 40.49
773 40.49
H~ 40.49
40.49
1i9 . 40.49
7 2 40.~9
785 40.49
786 40.49
787 40.49
789 40.49
794 40.49
795 40.49
796 40.49
19i 40.49
79 40.49
~~ 40.~9
40.49
8-03 40.49
$1b91646.99
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218
2. That tor a pe.rt1cular deac:r1.pt1on or the lot1
bearing the respective aaaea ... nt numbers above set torth and
upon which asseeementa rftllain unpaid a1 abov• stated, •••era.117
and respectively, rererenoe 1s hereby aade to aa1d aaaeeaunt
and to the diagram reeord~d in the ott1c• ot th• aa1d
Superintendent or Streets atter cont1rsiat1on by ea1d City
Council, the several lots rep~eented by said aaaeaB1110nt nwabera
above aet forth be1ng ao numbered and dea1&l'l&ted upon aa.1d d1agraa
and a11er1aent as eo conr1rmed and recorded, ••••rally and
respectively.
3. That the total or aggregate aaount or aaid aeaeas
ments 1mpa1d 1a the sum or $169,6.lf.6.99.
4. That bonds •hall be le8ued upon the aecur1ty_ot
aa1d unpa1.d asseasmenta in the oa1d aaowit ot $169,646.90
1n accordance w1 th the prov1a1one or Part 4, Bond Plan c ,or
Article IV ot tbe Palo Alto Impl"oveaent Procedure Code, a:nd under
and pursu.ant to the prov111on1 ot Reaolut1on or Intention lo. 1833
and the proceedings thereunder du.l:y had and takenJ that •aid
bonds shall bo one hundred eighty (180) in nuaber, shall be dated
Augu1t 8, 19"'9, and bear interest at; the rate or not to e1xceed tour
per cen·t ( .\.•) per annua trom August 8, 19~, an«! the denc:a1nat1on
ot aa1d bonds and their reapectiv~ number• and datea ot •&tur1ty
are as follows: ·
Series Ho. Bond Number Denomination
LL l
2
3
4
5
6
~
9
10
11
12
i~
15
16
i~
19
20
21
22
~~
25
26
27
28
29
30
31
32
33
34
35
36
• 1,000.00
1,000.00
l,000~00
l,000.00
1,000.00
1,000.00
1,000.00
1,000.00
l.i000.00
1,000.00
l,OC0.00
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
500.00
464.69
1,000.00
l,000.00
1,,000.00
1,000.00
l,000.00
1,000.00
l,000.00
1,000.00
l,000.00
1,000.00
1,000.00
1,000.00
1,,000.00
1,000.00
1,000.00
1,000.00
500.00
46•.69
E.!l,e ot Maturity
Jul1 2, 1950
July 211 1950
July 2, 1950
July 2., 1950
July 2, 1950
July 2, 1950
July 2, 1950
July 2, 1950
July 2, 1950
J'ul;y 2, 1950
July 2, 1950
July 2, 1950
July 2, 1950
July 2, 1950
July 2, 1950
July 2, 1950
July 2, 1950
July 2, 1950
Jul;y 2, 1951
July 2, 1951
July 2, 1951
July 2, 1951
July 2, 1951
July 2, 1951
July 2, 1951
July 2, 1951
July 2, 1951
July 2, 1951
July 2, 1951
July 2, 1951
July 2, 1951
July 2. 1951
July 2, 1951
July 2, 1951
July 2, 1951
July 2, 1951
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t 219
Seri•• lo. Bond IU1D'ber p.nominat1_on ~~t-~L ot__ Jl~~~~t~ .
LL ~~ • l,,000.00 July 2,, 1952
1,000.00 July 2, 1952
~ l,,000.00 July 2, 1952
1,,000.00 July 2, 1952
41 1,000.00 July 2. 1952
42 l,000.00 July 2, 1952
4~ 1,000.00 July 2, 1952 4~ 1,000.00 July 2, 1952
45 1,000.00 July 2,, 1952
46 l,000.00 Jul1 2, 1952
:A 1,000.00 July 2, 1952
1,000.00 July 2, 1952
49 1,000.00 July 2, 1952
50 l,000.00 July 2, 1952
51 l.1000.00 July 2, 1952
• 52 1,000.00 July 2, 1952
~~ ~o.oo July 2, 1952
64.69 July 2, 1952
55 1,000.00 July 2, 1953
56 l,000.00 July 2, 1953
§A l,000.00 July 2, 1953 • l,000 •. 00 July 2, 1953
59 1,000.00 July 2, 1953
6o l,000.00 July 2, 1953
61 1,000.00 July 2, 1953 62 1,000.00 July 2, 1953
I :
63 1,000.00 July 2, 1953 64 1,000.00 July 2, 1953 •
65 1,000.00 July 2, 1953
66 l,,000.00 July 2, 1953
~b l,000.00 July 2, 1953
1,000.00 July 2, 1953
69 1,000.00 July 2, 1953
70 i.000.00 July 2, 1953
71 ~-00 JlJ.ly 2.s 1953
72 64.69 July 2, 1953 ~
+~ 1,000.00 July 2, 1954
1,000.00 July 2, 1954
75 l,000.00 July 2, 1954
76 1,000.00 July 2, 1954
+~ 1,000.00 July 2, 1954
1,000.00 July 2, 1954
ig 1,000.00 J'uly 2, 1954
1,000.00 July 2, 1954
81 1,000.00 July 2,, 1954
82 l,000.00 July 2, 1954
g~ 1,000.00 July 2, 1954
1,000.00 July 2, 195~ ss l,000~00 July 2, 1954
86 1,000.00 July 2, 1954
r" ~ 1,000.00 July 2, 1954
I 1,000.00 July 2, 1954
89 500.00 July 2, 19~4
' 90 J;.6.-.69 July 2, 1954
I 91 1,000.00 July 2, 1955 l ; 92 l,000.00 July 2, 1955 • ~ §~ l,000.00 July 2, 1955
1,000.00 July 2, 1955
95 l,000.00 July 2, 1955
• r
'~...,....---~..-........... ,_ .. . .......... ,,.,.~._--... -~-.. , .... _____ .. ,.._, ..... ~ .. ~·-···-, -~ "~·. _,_ . ..._ __ ,. ......... _~ .......
" 220
~
8erie11 lo. .Bond Xum'ber Denoratnation Date or Maturitz
LL 96 • l,000.00 July 2, 1955
§~ 1,,000.00 July 2, 1955
1,000.00 Jul7 2, 1955
99 1,000.00 July 2 .. 1955
·.1 100 1 .. 000.00 July 2 .. 1955
101 1,000.00 Jul7 2, 1955
102 l,000.00 Jul1 2 .. 1955 lOi 1,000.00 July 2 .. 1955
10 l,000.00 July 2, 1955
105 1,000.00 July 2, 1955
106 1,000.00 July 2,, 1955
10~ ~00.00 July 2,, 1955
10 64.69 July 2, 1955
109 1,000.00 July 2, 1956
110 1,000.00 July 2, 1956
111 1,000.00 July 2 <• 1956 112 l,000.00 July 2, 1956 llij 1,000.00 July 2, 1956
11 1,000.00 July 2, 1956
115 l,000.00 July 2, 1956
116 1,,000.00 July 2, 1956
11~ 1,000.00 July 2, 1956
11 1,000.00 July 2, 1956
119 1,,000.00 July 2, 1956
120 1,000.00 July 2, 1956
121 1,,000.00 July 2,, 1956
122 1,000.00 July 2., 1956
12~ 1,,000$00 July 2, 1956
12 1;000.00 July 2, 1956 I 125 ~oo.oo July 2, 1956 ' ,J
126 64.69 July 2,, 1956
12 .. 1,,000.00 July 2, 1957
128 1,,000.00 July 2, 1957
129 1,000.00 July 2, 1957
130 1.,000.00 July 21 1957
131 1,000.00 J'Uly 2., 1957
• 132 1,000.00 July 2, 1957
13~ 1,000.00 July 2. 1957
13 l,000.00 July 2; 1957
135 l,000.00 July 2, 1957
136 l,000.00 July 2, 1957
137 1,000.00 July 2, 1957
138 l,000.00 July 2, 1957
i~ 111000.00 July 2,, 1957
1,000.00 July 2, 1957 141 l,000.00 July 2, 1957 142 1,000.00 July 2, 1957 i 14~ ~-00 July 2,, 1957 14. 4.69 July 2, 1957
145 1,,000.00 Jul1 2, 1958 u i 146 l,000.00 July 2,, 1958 l i4·r 1,000.00 July 2,, 1958
~ 148 11000.00 July 2, 1958
149 1,000.00 Jul7 2, 1958
' 150 1,000.00 July 2, 1958
151 .. 1,000.00 Jul7 2, 1958 t f 152 1,000.00 July 2, 1958 1
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221
Serie• lo. Bond l'UDber Den.oa1.nat1on Date ot Maturitl
LL 153 $ l,OOOeOO July 2, 1958
154 1,000 .00 Jul7 2, 1958
155 1,000.00 July 2, 1958
156 1,000.00 July 2, 1958
157 1,000.00 July 2, 1958 158 l,000.00 July 2, 1958
159 1,000.00 July 2, 1958
160 1.000.00 July 2, 1958
161 ·~·00 July 2, 1958
162 .lf..69 .TUly 2, 1958
16i 1,000.00 July 2, 1959 16 1,,000.00 July 2, 1959
165 1,000.00 July 2, 1959 166 1,000.00 July 2, 19159
16~ 1,000.00 July 2,, 1959 16 l,000.00 July 2, 1959
169 1,000.00 July 2, 1959
170 1,000.00 July 2, 1959
171 1,000.00 July 2~ 19'59
172 1,000.00 July 2, 19'59
17~ 1 .. 000.00 July 2, 19159 17 l,000 .. 00 July 2, 1959
175 1,000.00 July 2,, 195~
176 1,000.00 July 2, 1959
17~ 1,000.00 July 2, 1959
17 1,000.00 July 2, 1959
179 500.00 July 2, 1959 18o 464.69 July 2, 1959
5. That aa1d bonds shall be issued in affr1ea, and the un
paid. aaaeasmente as shomi on ea1d list filed by the Superinten
dent or Sti··n·ta and determ1ne4 b:y aa1d C1t:y Council, together with
the interest thereon, •hall remain and constitute a truat fund tor
the redemption and payment or eaid. bonds and ot the interest which
:nay be due thereon,, which unpaid au1ae.asmen~a shall be payabl.e in
annual 8er1ea corresponding in m.nnber to the number or aeries ot
bonds 1.saued, and an even annual proportion or each aoseaament
shall be payable in es.ch year pre"ed1ng the date of the maturity
for each or the several series of bonds issued, and such proportion
of each aasesement coJfling due 1n any year, together with the annual
1ntere1t thereon, ahall 1n turn be payable 1n installments aa the
general taxes ot aaid City on raal property are payable, and shall
become delinquent at the eame times and 1n the ea.me proportionate
amounts an<! bear the same proport.1onate penal ties for delinquency.
Th&t the e1gnatures ot the Mayor and Treasurer b~
lll}>reaaed upon aaid bonds by engraved or lithographed process and
that aA1d City Clerk physically sign said bonds and affix ther.eto
the '.:orporate seal o:r said City; the interest coupons affixed
thereto shall be aignad by aa1d Treasurer or bear h1s engraved,
printed or lithographed signature; and auch signing 4.nd sealing of
said bonds 'by aa1d officers, and signing or said coupons by said
Treasurer, shall constitute and be a uuff1c1ent and binding execu
tion ot each and every one or said bonds and all ot the coupons
thereof respeet1v~ly. Said bonds shall be substantially 1n the
torm aet rorth 1n Bond Plan c of Article IV or said Palo Alto Im
provement Procedure Code; ea1d Treasurer and sa1d Mayor and sa1d
Clerk are hereby authorized and d1rGcted to so sign and attest
respectively.
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6. Tbat ·the 1.ntereat eoupona attached to each of aa1d
bonda &nd ev1den~1ng the interest to accrue thereon ahall be
numbered conoecut1vel,-antl be aubatant1a.lly in the tollowin&
rora, to-w1t:
Coupon No. '---
CITY OP PALO Al~TO
SANTA CLARA COUITY, C.llI:FORJUA
Will pay to bearer hereon on the 2nd day or
,19 , at the orr1ce or
""l:-n-e"""T_r_e_e._s_u_r_e_r~·--o-r-sa.1d city, the awn or
Dollars ($ ) -'Ba_I,..a.....-a-um-... b-e"""In_g__,t ... lii_e_a_em-r--annual 1n£ereet due on
Dated:
Improvement Bond NO•--
or Series No. LL
--~--------~----------~
Treasurer or-tne City or Pilo Alto
* * * * •
I hereby certify the f orego1ng to be a true copy of
resolution adopted by the City Council or the City or Palo
Alto, Cal1tornia, at a regular mdet1ng thereof held on the
12th day of September? 1949, by the following vote:
AYES, and 1n favor thereor~ Councilmen: Bentrott, Blois,
Bolander, Bowden, Cashel, Cathcart, Freedman, Oaapar,
Hill, Linder, Merner, Montrouil, Morte~, Wickett.
NOES: Councilmen: None.
ABSENT, Councilmen: Mitchell.
/ /,. . •/} /;-..£/, (! // ~.d:: ... L.A.L~ City Clerk or ~e City of Pilo Alto
APPROVED:
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