HomeMy WebLinkAboutMinutes - January 5, 1920City Hail, L'edl, Cal.,
The Boar:: oi' Trusteed of tha City of
resular session, all zezbera preJ'.''n , ehe me_? in
order at 6 O'elock p.m. by President of t.... Board
January 5 , 1920.
Lodi convened it
�
bei ,ailed to
C. A. 31ac.z.
Minutes of the previous .T.eetin : were read and approved.
C. H. Su83$ was ;ranted permission to move a frameL1—
_::,j __JI'• 509 Eaet•Oa. Street to 421 East Oak Streit`; .T.... T. 1tasor to
n .,n `r -of Walnut Street and Lee
:'::OT Q. ..;!.r u..... poultry house ... .... ..i c.r c�
Avenue to location outside the City; and 2. Soi.r.idt to move a
..a„.: Louse µfrom 2'45 T:ka;, C'.reet o a location outside the City.
S ve at-.'.�: baildiae permits were read, -el-anted and t..r-
-r'3 "filed.y. T. Wisner was denied per:::iesion to build a second
Story veranda to be sucported by pests from the sidewalk at Cusieo-
politan :ctel, corner Oak and .. e n Streets. .
The City Pia:ilr_,;; Cv::mission reported with the f olic: -
ins _eco:._.e nuc" t1Cra3.
To ?staelieh a fr=.e pblio carp jrourd.
To provide staticnery and supplies for sai:t Commission.
To piaci street 3i s_3 at all street intersections in
the, city.
The report was ordered filed.
J. L. Pica: .s , eaer.tee a proposition to the Board
to fi.t.rnisn wooden street aims o: ten foot redwooL posts, ready to
in etell :or 0.00 each.
A. T. aaneelth proposed to furnish metal S21, on saS
eipe post, road;; to install, for 1:5.90 each.
The :.,atter of Street 31-e..., was referred to the. Street
Coeeel; of to ?terd of Trustees.
Upon motion ?resident D. D. Smith was authorized to j r-
ches-'. the necessary 3tatio::ery and supplies for the City Planning
Commission.
Be_•m133ion was ce antes to C. R. Van Buskirk to lay an
eiarat-foot sidewalk frentins lot 5, in block 10, on School and Pine
streets; end to H. .. Seith to lee an els:tit-foot sidewalk in front
of his property on acute. 3a0_ame :o street at _Lodi Avenue.
The LoCt1 Basin ode l:eni s Association invited the Board
Of Trustees to attend ta'_3 annual tancuat at Hotel Lodi January 27th,
which la nation was accepted.
A reeo1UtiOn passed by tile Lodi BUain ess 21ena ' Asso is
t icy co a'een1i s the Board for its efforts to have t'tc Central Call-
fcreia Traction Company pave _t3 pertion of Sacramento street and
Lodi Avenue was read ani ordered filed.
Twenty-five cit;; employees petitioned the Board of Trus-
tees tc srant an increase is salaries ani wages of twenty per cent,
tc :ake effect J==anuary 1, 1720. t tion was ordered filed and
Uoc'_ :•odor: of Trusted ...ort.:e d, secondee ey Trustee Hale, the _....t -
ter W:a iiia ever fer thirty .ia 3.
T:
%;lty re or., the . of December n -
�O. tri ..b was reaa and or
ere'e
- - -
-lint 8 the l �3Gu u:^12� L?1r &Cdre-,A
rte i 't tY�z ed CrossP. 3OiCu Jy 4_:e City a_1 iuofo3zl
VuI3l:'33al would i.v•'. t0 'o-3 rev. ed.
i.' street Committ3. .was Jnat_ucted to a_Ca up 'r': 11 slid
State :_i!E iwa•;iDpi '_ a :� ��Z "latter of ca esti-i�_i3i
man, of e3 moo: ti:a Toric of t-ae
i.avef.ant UL ?O3U3t,
1, airut, Oak streats and Lodi .-vanUe „ith ..._: on
RESnUT1 ::G. 76
B0 -IDS riTD3_ 2--., oMMEIGS T=—' -r 2U: -S -,;—"TT TO
20 _ H
PROvu.i its G+ L -ODI AVEIMS 2aGl HUTCHIM
ST ;;::T TO,ICIO� - a : i��=. L Li.i ✓I a � ? I>:v =s",
J' m , E sE, S=ITT
Bu' 11 R3S3!V7"D, l7j t.ic Board of Trt.'.Staes Of 'I -he
&zolio l7 :
the Board of Trustees of t::e Cit;; of Lodi on the 12th
d„* of lfa,J, 1919, ado -,t-3. its Resolution of Intention `Fo. 2C for
t ie im?rovement of Lodi Avenue front t_:s Last Line of Hutchins Street
to a 11:ne 247.5 feet 3aot or and parallel to the ';e:t Line of
Sacra-
mento Street; and from a line 234.5 feet ;lest o -f rarF1'_e'_ to the
;ant Line of Uain Street to t ;e Cittt limits on the East, being the
.lest Tine of Cherokee Lane in said City of Lodi, under ^-, aursuant
to the provisions of the "Improvement Act of 1911" and 3mend::ients
thereto, and pursuant to the provisions of Vie ovement Bo :d .let
of 1915" and amendmenw thereto, and to the resolutions, notices and
other proceedings of eaid City duly adopted sn:-i taken, reference to
said Resolution of intention being hereby a=_ ressly made for farther
particulars;.end
; MEXAS, the contraoc for said .ork ani Improvement ^es ?r_ly
a:^arrded =d thel!;work to be uc a thereunder Fres t ereaftcr duly com-
pleted to the atisfactipn of the Superintendent of Streets of said
City ,= -a of this Board,whereupon a warrant, diaLsem ani aeees:sent
were made, Tecorded Pme delivered to the contractor in ti•:ie, form
s
U and manner .as required by sada act, and the contractor heaving made
due retvsn thereon and the same having been du7.y recorded; `and
MM-72AS, on the l5th dam° of Bece :ber, 1919 the °trent Superint-
ande nt of said City made and filed With the Clerk of this Board a
complete list o" all assessments unpaid thereunder upon the respect-
ive assessments or Aiagram numbers thereof, whereupon;said Clerk gave
notice of the filing of said list and fixed in said notice Monday the
5th day of 3anuar?, 1920, at the hour of 8 o'clock P. 2%, and the
regular meeti-ng place of said Board of Trustees, to -wit; The City
Hall in said City of Lodi as the time and place respectively when
interested persons might appear before the Board of Trustees and show -
cause wip bonds should not be issued upon the security of the unpaid
assessments shown on said list, said time being that of a regular
meeting of said Board, and
— BAS, it catisfaetorily appears from the affidavits produced
that the Clerk of this Board has caused to be given due notice by
posting and publication az required by law of the Riling by the Super-
intendent of Streets of the list of all unpaid assessments made under
said Resolution of Intention No. 20 of said City; and
EMMUS, since said filing by the Superintendent of Streets of
the aforesaid list of unpaid assessments, the following assessments
have been paid to the proper officer of the City, to—crit:
Assessment numbers: 51; 54; 56; 58; 59; 63; 66; 76; 77; 80; 81;
82; 91; 92; 93; 94; 95; 96; 152; 167; 168; 169; 177; 187; 188; 189;
190; and 216 aggregating the total sum of ;.A 786.59, leaving a bal-
ance due on account of said assessments of ' 7,880.25 and
EREAS, no protests or objections were presented against the
issuance of bonds as aforesaid before or at the time set for said
hearing, and no sufficient reason having been shown mY bonds should
not be issued upon the security of sail unpaid assessments aggregating
the total sum of ;�e 7,888.25, and it further appearing that said list
of unpaid assessments filed by the Superintendent of Streets is in
all respects complete and correct, excepting therefrom the assessments
paid since the filing of the same as hereinbefore set forth;
BE Ii E-:,SObV:7D, that said list of unpaid assessments as filed by
r—
the Superintendent of Streets vas in a'_1 respects complete and correct at I
the time of said filing, and that since said time assessments numbered L
51; 54; 56; 58; 59; 63; 66; 76; 77; 80; 81; '82; 91; 92; 93; 94; 95; 96;
152; 167; 168; 169; 177; 187; 188; 189; 190; and 216 have been paid.
%- ']` : __: ` :�:a:`•`awe ' __ _
And the Board hereby finds and determines that the tinpaid assess-
ments made pursuant to the proceedings taken under said Resolution of
Intention ;lo. 20 and the aggregate amount of the same are as Follows: -
O E.R.
I
aSSESSriEM NU103.R.
AM= T.
Unknown
4
12.88
"
5
222.84
"
9
24e49
"
10
430.66
*
52
12.62
"
99
1596.35
"
107
370.21
"
108
374.34
it
113
242.50
"
123
242.50
"
124
242.50
"
129
96.99
"
130
314.46
"
137
246.18
"
138
242.50
"
179
255.21
"
180
255.21
"
1S1
255.21
"
182
250.06
"
183
250.06
"
198
250.06
"
208
200.06
3
207
250.06
"
211
250.06
"
221
250.06
n
222
250.06
"
226
250.6
"
227
250.06
The Board further finds and determines that the aggregate amount
of said assessments unpaid is the sum of 0 7,888.25
rejoi_nz +`.'':.ol t,..ozn '-0. 76 iT.,'.3 ai:Jrt�i! uy , -,e 31_0W—
on-:!
—o:..
_,SOL TIG7 n.77
_
ovl�_._- - . _ i3 -1—A CE __ :ivy:.� i
BOU S TO 2SJ.TT n 1D/{B:� SE C1_;'S.7 BY ASS-
3_11`-_:.r ill ^ 21-0. , 0R T=E 002 . Vii _-TE tYO?.Z
AM ...AD5 11T A.TD 7-10iT LODI
AVEIT v' -CSI .Tc I;. sT? 'gym "_'C C'i__-iOMR
LA T I_i CITY J? LORI -_0 ?-:-Ovl:,)V-
F02 TL SLIT:
BS IT :3BSOIrY.D, b;; the Board of Trustees of the City of Lodi,
as follo1.zs:-
J37;:�,AS, this Board of Trustees by its aesolution of Intention
:;c. 2:, providing for t -i -le improvement of Lodi Avenue from the East
Dine of Hutchins Street to a line 247.5 feet East of and parallel
to the .'test Line of Sacramento Street; ,,..;d frcr a line 234.5 feet
crest of and parallel to the east :ine of '*Qin Street to the City
Limits on the East, being the -rest Line of C^erohee Lane in the
City of Lodi, determined that serial bonds to represent unpaid
assessments and to bear- interest at the rate of seven per cent per
annum, would be issued thereunder In t_ ma per provided b;: the
"Improvement Bond Act of 1915" zid amendments thereto, and that the
last installment ofziich bonds should mature nine (9) gears from the
2nd &,,Zr of Jul;; next succeeding nine months From their late, and
';J' r.EAS, the ;ork to be done under sail -Resolution of Intention
ido. 20 has been cocpleted to t're satisfaction of the Superintendent
of Streets, and of the Board of Trustees; a=d the Sunerintendent of
Streets on the 15th der; of December, 1919 filed with the Clerk of
the Board of 'Trustees a complete list of all unpaid assessments made
under sail proceeding, and
y_.�AS, this Board of Trustees i_ae this day found ani determined
that the a._-cregate amount of the unpaid assess eats is the sum of
7, SSG. 26
NO', -i, ..�=tL=OBu, BL !T MOUM-D, a:, fcllor�:-
Street ImproveL en t bends to be issued p :rsuant to the provisions
Of the "Improvement Bond Act of 1315" and amendments thereto, evidenc-
ing the aforesaid indebtedness, shall be issued to the aggregate
amount of $7,686.20 and the number,
denomination and character of such
bonds shall be as follcws:
_
Slid bonds shall be dater, the
5th day of January, 1920 and shall
be of the character b -no= as serials.
One tenth part of the total
(amount of the bonds evideacine. said
indebtedness shall be paayableon the
2nd dui of July 1921, and one-tenth part of said total indebtedness
shall be payable on the 2nd ria 7 of
July of each and every year there-
after to and including the 2nd day.
of July, 1930.
Said total indebtedness shall
be evidenced by ten (10) bonds of
the denomination of five hundred (500) dollars each; ten (1) bonds of
the denomination of T:vo hundred (200) dollars each; and ten (10) bonds
of th.e denomination of Eighty-eight and 82!100 ( 88.82) dollars each.
One (1) of said bonds of the denomination of five hundred (500)
dollars each; one (1) of said bonds of the denomination of Two hundred
( 200) dollars each; and one (1) of
said bonds of the denomination of
Eir&ty-eight and 82/100 ( 86.82) dollars each shall mature and be pa;; able
on the 2nd azc7 of July, 1921, wrid
one (1) of said bonds of a like
denomination shall mature &,-A be Dayable
on the 2nd day of July of each
and every year thereafter to and including
the 2nd day of July. 1930.
Said bonds shall be numbered 1 to
30, both inclusive, as follcws:-
331iuG3 BOPIB iMIBSRS M.-O°ILIATIOZIS BATES C "TMIITI�ii.S-
-1 1
500.00 July 2nd, 1921
-1 2
200.00 July 2nd, 1921
3-1 3
88.82 Jul;; 2nd, 1921
G-2 4
50C.00 July 2nd., 1922
r-2 5
200.00 July 2nd, 1922
E-2 6
88.82 July 2nd. 1922
E-3 7
5 v.CG July 2n?, 1923
E-3 8
200.00 July 2nd, 1923
E-3 9
88.82 July 2nd, 1923
E-4 10
500.00 July- 2nd, 1924
E-4. 11
200.00 Jul;; 2;d, 1924
-4 12
88.82 Ju17 2nd. 1924
_5 13
:506.08 JuI7 2nd, 1925
E-5 14
200.00 July 2nd, 1925
-5 i5
88.82 Jul: 2nd, 1925
16
500.00 July 2nd, 1926
E-0 17
200.00 July 2nd. 1926
3_6 1B
88.82 July 2nd, 1926
3-7 19
500.00 July 2nd, 1927
E-7 2G
2:00.00 July 2nd, 1927
E_7 21
88.82 July 2nd, 1927
E-8 22
500.00 Ju17 2nd, 1928
E_3 23
200.00 July 2nd, 1928
L-8 24
88.82 July 2na. 1928
E_9 25
500.00 July 2nd, 1929
E-9 26
204
00. July 2ad, 1929
3_9 27
88.82 July 21Ld, 1929
E-10 28
500.00 July 2n9 , 1930
E-10 29
200.03 July 203, 1930
S-10 30
E8.82 July 2n1, 1930
r
Seid bond: she 1 be i_ eubetantially the follc.!in`. fora to—i7it:
No.
IMROVEMr� T BOND
CIT- (,'x LL DI ,
STAG C T,12C_:_:T.A '
2ERiEa i?J+
Under and by virtue of the act of the legislature of the State
of California, entitled "An act to provide for the i suance of
improvement bonds to re -present and be secured by certain assessments
made for the cost of certain worm r -ad im rovements made in and upon
streets, avenues, lanes, alleys, courts, places and side7alLs within
municipalities and upon property ani rights of may, owned by municip—
alities, to provide for the collection of such assessments, the sale
of the property affected thereby and for the payment of the bonds so
issued", a. -,proved June lith, 1915, and a:.endments thereto, the City {
of lo—Ii (s,, manloi_:a1 corporation) will on the second da; of July 19 1
out of ti=e rede=)tion fund for the royment of the bonds issued upon ttt
the aeseesments made for the v ork u -:on the i7provements on Lodi Avenue
from the ant kine of Eutchins Street to a line 247.5 feet Ea::t of and
parallel to t _e ";est Line of Sacramento 1treet; and from a line 234.5
feet lest of and parallel to tae Last Eine of Main Street to the City
Limits on the ::ast, being the +7e --t Line of 4lerokee Lane in said City,
as more fully described is resolution of Intention _to. 20 -passed by
the Board of Trustees or said municipality on tie 12th &Cq of LT.ay,
1919, pW, to bearer the sum of
dollars (? ) :;Ith interest thereon fro. the 15th da;; of
Decem er, 1919, at the rate of seven (7) -?-r cent per annum, all as
is hereinafter specified, and at the of Tice of the tzeasurer of said F
municipality.
T:_is bond is one of several enzual series of bonds of like date,
tenor and effect, but differi.ig in anon .ts and maturities, issued
I
by said municipality* under said act for the purpose of providing
mesas for paying for tee work and im ;_ ovaments des-= ibed in sail
- Resolution of Intention, and is secured b.r the moneys in said rcdemp-
tion fund and by the unpaid assessments made for t1r}e payment of said
work, and, including principal and merest, is ps;;able exelucivel;;
out of said fund.
The interest is payable semi-annually, to -wit- On the eecond
days of January and July in each year bxreaiter, upon presentation
of tho proper ooupor.3 therefor; provided, that the first of said
coupons is for the interest to the second deer of Januarf, 1921, and
thereafter the interest coupons are for the semi-annual interest.
This bond mill continue to bear interest after ^aturitj at the
rate above stated; provide!, it is presontod at maturity and payment
thereof is refused apo; the sole ground that there is not sufficient
moneys in said redemption fund with which to pay same. If it is not
presented at maturity interest thereon 111 run until maturity.
This bond mayr be redeemed and aid in advance c_ maturit;;• upon
the second day of July in any year by giving the notice provided in
said act.
IIT 7,1T=SS-;;nEHT_,'G-, said City of Loci hex caused this bond to
be signed bra the Treasurer of said City of Ludi and by its Clerk,
and has ca,:sed its Clerk to affix th6reto its corporate se&l all on
the Erth d&Zr of January, 1920.
Treasurer
Clerk
Said bonds scall bear interest at +he raze of seven per cent
per annum, payable on the second drays of Januarj and July of each
✓ear, commencing January 2nd, 1921.
There shall be attached to each bond aa interest coupon for each
semi-annual payment of interest to become due thereon, and each
councn shall be i L such an amouat as to re ,reeeut si:moathis interest
on the boed to w1aich it is attache3, esco,r>t Mat the coupon reerresant— -
ing the interest due Jar_'Ia_ 2nd, 1921, shall be for such an amount
as mry represent the interest on each. of sc.id bonds respectively from
the 15th dzq of December, 1.919 to the 2nd da„ of January 1921.
Said coupons shall be nu.nbered consecutively accordiai to the
order of their payment, and shall be st:bstantially in the 'ollowing
form, to -7.11t: -
Coupon _;o. Bond
Ci' ._ -
Bon— l!1 �� 71 f +t'v �.:l
On the 2nd d2.;• of , A. D. 19 , the Ci tj of Lr -di will
pay to the bearer hereof, at the office o the Cit;; Treasurer in
said City, County of San Joaquin, State of California, the sum of
, said sum bei :g the interest due on ti.at date upon the
above numbered imnrovemont bend.
Series -;o.
Ci ,; Treasurer.
.=e Cit;; Treasurer and City Cle__= a=e he_eb: aut-korized and
aireetea to oign e£^.,_ =d ev-=7 oro of said b^nds, aad the City Clerk
Is En horized and direcjel to w_`fix thereto the co_-poree seal of
the Ci' j, and' the Cit.- is "_eretrf authorized and directed
to sign each and evs_ one of t o coupons attached to said bonds
provided he 7evE`r, that 'te Citj :rpasun-�r in Pignin Paid coupons
msy osc and adopt s.is __•inted o_ 11thograrhea signature, in alscs
of his signature by hand.
Said bonds sha11 be issued in annual series, and the unpaid
asoessments as ....e...: •)n .,,_id lict filed by the Superintendent of -
Streets and dete_=, aeu- bI caid 3oa.r:! o_ =ruateeo toget'r_cr with
interest thereon, ::s" ron-: .--i,� co_ otitute .. trust land for tine
redemption and pEVmen t c, said bonds a.*.i of t e interest rhica may
be dae ti.ereon, vahich un .'aid a_.sessmentc shall be payable in annual
series correspondi::g in number to the number of series of bonds
issued, and au ever. ' Liruzii Alo_)o_ Uon of eanc � a.soecss ont sL 1l be
payable in e::ch _'e"_ r.i7ecauiia^ ..._., data ma ateach of the
several seriee of bonds ; Ssaal. and ctic h nor on, of each assess-
ment coni n- _lae in air Je r together 1tr_ he au:zunl interest u_hercon,
shall be payable in installmants as the general manicipc-1 tazee- Of
Sala :i t j of ' oil i on real iJ_ o rt;y wr e -n2:: '1] )le as,! J ec o a
delict—;;eat at thesame tries a~ad in the sa.ic proporticn.nite amcll.ts a A
bear t .e S zae pronOrtionat-: :)on:� ties and laterost for daliaq?enc .
u£alel pr :arm . _.a_ t._a I-aa:C.._. c of Sai i• prov_ment Uo2aS ^111
be racelvad by sail Cle_'z i:il 'A0 tie Ili: i?' OT_' lit o'clock On
Monday the *2rid an;7 of Tebruary, 1920. Dids za for act le-�ti tLau
par value of the bonds a 3 is _es.-ved to
reject ony ani ail bili. __ a 3atisfactor bid 7b:3 the
sf ' e. i ? tin n d z f � ins= ` e.1 0
sacces u� bidder ��e.�� a., lc^te - a;-., for es:.ra �_ f <i... _ara-
ceedin_s authorizing, the issue o, said bonds, =1 navv r a1:e his bid
subject to t..e legality of s:i_ i.rocaedi^. 3i2s ma -it be accompaaled
by Certifie1 C:lecz or car icr's C:.c^C.: Oil Bone b,-�::':: in t' o
sum of ten •der Cent of the "^ .. 1 „'of t e amorant cf 'to ds iia Y
t
JaC C. .,v va: to be made -J $,;j—f ate.'. f�li�. t4 .�• S. City J—C
"'a^_e City Clerk i5 :er^..by uirecte!i tc m,iv rt_5 for bids
for _t%.Ch
bonds. as herein proviled b ,abliz ing notice inviti g bids, onto a
week 'o:: tvo wveIss Ln `he Lodi Sentinel. maid notice s ;11 be in
Sul'st1ult!al ly the folloring form:
OelAch.azCserect nravCm_t bo^�S ^.f the
e
City of Lcdi, in t: --e Oounnt,7 OS San- JT^a L'in, State of Californi�^., ::ill
be received by the rndersi^.cd Citi Clerk of ss:ii City of Ir,di u- to
eight: o'clock U., iionda_r '_7e 2nd- d a? of•ebruary, 1920. Such bids
shall be addressed to '*-,e =dorsi.^med .^nd must l:e for not legs th i -oar
i
' valae of the bonds bii for, -rith accrued intarest: to :iate of delivery.
The rig .t is reserved to rej,�ot any or all bids. 'he successf_.1 b_9dar
will be allowed ten ds„s for examination of the r:cceeilingL. and bids
may be made sub4act to the legalit-,T of the proceedings. 3acl bid oust
be accompanied by a certified caech or cashier's cheer upon some re-
sponsible bay ire a sum enual to tea 'Per ce t of th.e ;?sr value oy bonds
bid for. Such cheeks shall be ma -de r2,fable to t .e uniersi,—.ed.
Said issue of bonds aggregate the total SM of 07,888.2C, bearing
interest at the rate of seven ^er cent per annum, uaZable semi-annually -
on the 2 -al de:T of Janu3_T�y and July of each Near. Said bonds are of
th,3 T ol'_ ow ^ S de^ o:li :ati cm2 :
Ten (10) bonds of the denomi=ation fo five hundred (500) dollars
each.; ten (10) bonds of t --e denomination of two hundred (2:0) dollars
each; and ten (10) bonds of t -e deacmiiiantion of eighty-eight and 82%100
(8E.S2) dcllars each and ,"—, e dated JU'.p.'..arTy Sth, 1923.
Said bonds are of t^e character Lown as serials, and one (1): of
said bonds of t,.e ?ar value of fivs hrrdred (500) dollars each; one
(1) of said bods of t^e 7ar vales of two hundred (2(j0) dollars each,
...:d one (1) of said bocds of the %3- value of eighty-eight and 82%100
(88.82) dollars each, is payable . nn ur_11;; from July 2nd, 1921, to
July 2nd, 1930, both inclusive, an7l are 1coued pursuant to the provi-
sions of tho "Imnrover:;nt Bond A, -,u of 1915"l an -i Amendments thereto,
Ry.µ naraa4.rt to rcceedin-s talcer_ bi t e Board of Trustees of tine City
of Lodi under Resolution of Intention !To. 20.
V.:,`.a;
Tz f3ra.5oir , 3-iso14 i0._ 77 ::has add. -tee ;ry .a folla;ir_
:ale, crone and 31a'.;_.
_32Z. _,r'.3•
HDILATING TO ISSud:rC3 CF STREET I1:: GV;`;fi':1
BCIND.S ri:iyf-,y-: 2-.00r7.. DI__3S i .'3-'-. = U-RE::ADT TO
ESO U ., v+ _ _ _ 22 FOR THE ILI-
2HOTZI��._iT
.
SOUTH:: _11--21 OF irOaKETv-D i:T uT TO T_u CITY r-
LIUITS ON � E UORTH. AND DET7=31 G THS
AMOUriT OF TBE UNPAID AS53SS17-2ITS.
B3 IT RESOLVM, b„ the Board of Trustees of the City of Lodi,
as follows:
iEM1`__QZAS, the Board of Trustees of the City of Lodi on the 2nd
day of June, 1919, adopted its Resolution of Intention No. 22 for
the improvement of Sscramme: to Street from the South line of I,oche-
lord Street to the Cit; Limits on the north, in said City of Lodi,
a�
ender and pursuant to the provisions of the "Improvement .Act of
1911" and amendments thereto, and pursuant to the provisions of
the "Improvement Bond Act of 1915" and arendments thereo, and to
the resolutions, notices end other proceedings of said Cit;, duly
adopted and taken, reference to said 3ezoluticu of Intention being
hereby es::ressly made for further particulars; a_rd
:UZMAS, the contract for said work and improvement -pas duly
awarded and the work to be done thereunder was thereafter duly
completed to the satisfaction of the Supers _tendert of Streets of
said City, and of this Board, V ereupon a rr—a"rar_t, diagram and
assessment were made, recorded and delivered to the contractor in
time, form and manner as required by said act, and the contractor
having made due return thereon and the sa.TMae having been duly re-
corded; and
W=ZAS, on the 15th da;; of December, 1919 the Street Superin-
tendent of said City made _--d filed with the Cler'r_ of this Board a
complete list of all assessments unpaid thereunder upon the respect-
ive assessments or diagram numbers thereof, whereupon said Clerk
gave notice of the filing of said list and fixed in said Botice
Monday the 5th del of January, 1920 at the hour of 8 o' clock p. .,.,
and the regular meeting place of said Board of Trustees, to -:fit:
The City Sall in said Cit; of Lodi as the time and place respectively
vrhen.: interested persons might appear before the Board of Trustees and
show cause rthy bonds should not be issued upon the security of the
unpaid assessments sho.,n on said list, said time being that of a
regular meeting of said Board, and
it satisfactorily appears from tete affidavits produced
that the Clerk of this Board has caused to be given due notice by
posting and publication as required by laps of the filing b7 the
Superintendent of Streets of the list of all unpaid assessments made
under said Resolution of Intention .To. 22 of said City, and
,H.RF.AS, since sail filing by the Superintendent of Straets of
the aforesaid list of u_npail assessments, the fell :4i ng assessments
have bean paid to the proper officer of the City, to -wit:
Assessment numbers: Son
aggregating the total sura, of > hone leaving a balance due on
account of said unpaid assessments of � 6,399.11 and
7M, :EAS, no Protests or objections were presented against t =e
issuance of bonds as aforesaid before or at the time set for said
hearing:, and no sufficient reason having been saocmn ^,hy bonds should
not be issued upon the oecurity of said unpaid assessments eP!g_egating
the total sun of 6,,399.11 , and it further appears ng ti.at said list
of unnaid assessments filed by the Superintendent of :Streets is in all
respects com_�lete and correct, excepting the_efrom the assessments -
paid since the Pilin¢ of the same as heroinbcfore set forth;
Bu !T 3 305IV;:,,i;, that said list of unpaid assessments as filed by
the Superintenient of Streets was in all respects .complete _-MA correct
at tae time of said Pilin>-; and t^at vine said time assessments
numbered: sone
have been raid.
And the Board hereby finds and determines that the un-?,--Id assess-
ments ma-do pursuant to the proceeUngs taken under said :resolution of
Intention 7o. 22 aU the aggregate amount of the' s€-re are as foll•orrs:-
Lnsnotin 25 t 317.8Q
27 317.75
" 38 038.9i
" 39 339.40
'c 40 169.52
441 339.36
rc 46 339.72
49 339.33
50 440.87
" 37 331.83
56 :;32.20
50 5U.5s
r 60 3ZI.21 -
^ 61 333.34
u2 33.3.71
r 71 339.55
" 78 395.21
TM 79 395.21
The Board furt er finds and determiass that the aggregate mount
A
of said assessmerts un1aid is 1 sc of •r 6,399.11
_'o. /3 imai al.'i le .. .+ 0Y t"' _:'-I i1y
V,)
:23: Trus te86 n51�Gd
, ._? iG `j0;�2rJri h.3ad an— 31a,,:.'.
;y y
;ib Jaat : 1v Ci �.
r'SCLLTIOti i0. 17,/
PROrIDIi+'C :Ori TL ISSUADCE Oyv
BOiiDS m0 t� Pi? .,c. iiT AND DF, SEC�^:En 3Y ASS-
ESSaiWITS 2UD , ^OR' TR? COST OF .sem 30PX A1TD
IM PROV-5- UT S :.rAl rE IH AND
'201 SAC =�4LI.IT 0
STP= -T FROM M,:S SGUTH L1:r c. OF LOC- OR -D
STT.RMT TO =,M CITY LIZjITS crit -_E I:CR Ty, IN
THE CIT- OF LODI, AZ+D TO PROVIDE FOR TIM
SALE TRuRE OF .
BE IT RUSCL7:0, by the Board of Trustees of the City of Lodi,
as follocs:-
woad :ZAS, this Board Gf "'ruses by its ^esolation of Intention
go. 22 providing for the I-iprovement of Sacramento Street from the
South Lire of Locxeferd Street to the Cit -1 Limits on the :forth, in
the City of Lodi, determined that serial bonds to represent r ipaid
assessments and to bear interest at the rate of seven -per cent per
annum, would be issued thereunder in the manner provided by the
"Improvement Bond Act of 1915" and amendments thereto, and that the
last installment of which bonds should mature nine (9) years from the
2nd day of Jul,," next succeeding nine mont s from their date, and
Tui wAS, the woe's to be done under said c'esolution of Intention
No. 22 has been completed to the satisfaction of the Superintendent
of Streets, and of the Board OX Trustees; and the Superintendent of
Streets on the 15th day of December, 1919 filed Frith the Clerlr of
the Board of Trustees a complete list of all urpuid assessments made
under said proceedings, rand
t-7NE-3 AS, this Board of Trzstees has this day foram and determined
that the aggregate amount cf the anpaidssses--ments is the sem of
6,399.11
907, TH-22-STORE, 3r-, IT i SOi:��..+D, as follows: -
Street Improvement bG=ds to be issued parsus..zit -b the provisions of
the "Improvement Bond Act of 1915" and amendments thereto, evidencing
L
the aforesaid indebtedness, shall be issued to the aggregate amount of
6, 399.10 and the number, aenomi.nati on and character of such bonds
shall be az follows:
Said bonds shall be fated the 5th day of January, 1920 and shall
be of the character xnorn as serials. One tenth past of the total amount
of the bonds evidencing said indebtedness shall be payable on the 2nd
day of July 1921, and one-tenth part of said total indebtedness shall
be payable on the 2nd day of July of each and every year thereafter to
and including the 2nd dey of 7uly 1930.
Said total indebtedness shell bo s7ideneed by ten (10) bonae of the
denomination of five hundred (500) dolla=a each; and ten (10) bonds of
the danonination of cne hundred thirty-nine and 91100 (139.91; dollars
each. One (1) of said 'ponds of the denomination of five hundred (500)
doffs -'_s each, and one (1) of ak id ljonds O:,,' she deno�_..tintltion oiGII6 hiind ed
thirty-nina and 91/100 (139.91) dollars each shall me.trre and be payable
on the 2nd day of July. 1921, and one (1) of said bonds of a like denom-
ination scall mature and be payable on the 2nd day of Jul; of eaai and
every year thereafter to an& including the 2nd day of July, 1930.
Said bonds shell be =mbered 1 to 20, bots inolueive, as fclloms:-
37MMS.
!K-7
600.00
July 2nd,
1921.
F-1
130.91
JUIy 2--A,
1921
F-2
3
5&- .0C
jtaly 2rd,
1922
F-2
4
159.91
Judy 2nd.
1922
F'—°
5
5.0.00
July 2nd,
1923
F-3
6
139.91
July 2nd,
1923
FA
7
500.00
July 2nd,
1924
F -A-
8
139.91
July 2nd.
1924
F-5
9
500.00
July 2nd,
19ZB
:-z
10
1.39.91
J--iy 2:nd,
192-
F{
11
500.00
Ju? y 2nd,
1926
F-6
12
139.91
July End,
1925
FQ7
73
500.00
July c^.nd,
1927
$
14
139.91
July 2nd,
1927
F-8
LI;
5()0. 0C
July 2nd,
1928
F-8
16
1:19.31
July 2nd,
1928
F-9
17
z-01 y0
July 2nd-,
1929
F-9
18
139.91
July 2nd,
1929
F-10
19
500.00
July 2nd.,
1930
F-10
20
139.91
Jaly 2nd,
1930
L--
Said bonds shall be in substantially the following form to -wit:
170. ILUROVc Ei1T BO -1 -ID t
CITY OF LODI ,
STA► OF CALFOF-T.T A.
SERrES NO.
Under and by. virtue of the act of the legislature of the State
of California, entitled "An act to provide for the issuance of im-
provement bonds to represent and be secured by certain assessments
made for the cost of certain work and improvements made in and upon
streets, avenues, lanes, alleys, courts, places and sidewalks within
municipalities and upon property and rights of way owned by municipal-
ities, to provide for the collection of such assessments, the sale
of the property affected thereby and for the pa7ment of the bonds so
issued", approved June 11th, 1915, and amendments thereto, the City
of Lodi (a municipal corporation) will on the second day of July 19 ,
out of the redemption fund for the payment of the bonds issued upon
the assessments made for the work upon and improvements on Sacramento
Street from the South Line of Lockeford Street to the City Limits on
the North, in said City, as more fully described in Resolution of
Intention leo. 22 passed by the Board of Trustees of said municipality
on the 2nd day of June, 1919 pay to bearer the sum of
dollars ( ) with interest thereon
from the 15t:i day of December, 1919, at the rate of seven ( 7 ) per cent
per annum, all as is hereinafter specified, and at the office of the
treasurer of said municipality.
This bond is one of several annual series of bonds of like date,
tenor and effect, but differing in amounts and maturities, issued by
i
Lsaid municipality under said act for the purpose of providing means
for paying for the work and improvements. -described in said Resolution
of Intention, and is secured by the moneys in said redemption fund
and by the unpaid assessments made for the pa7ment of said cork, and,
incluli^o principal and interest, is payable exclusively out of said
und.
The interest is payable semi-eanutilly, to --At : On t'r-e second
da7s of January a_d July in each yea -r hereafter, upon presentation
of the proper coupons therefor; provided, that the first of said
coupons is for the interest to the second da;, of January, 1921, an11
thereafter t1w interest coupons are -for the semi-annual interest.
This bond will continue to bear interest after maturity at the
rate above stated; provided, it is presente at matority and payment
thereof is refused upon the sole ground that there is not sufficient
moneys in said redemption funi cnth rich to pay same. If it is not
presented at maturity interest thereon -7111 run until maturity.
ills bond may be redeemed and paid in advance of maturity upon
the second de;;- of Jul; Inn _y year by giving the notice provided in
sail act.
IirT said City of 1,_3i ..as caused t1_is bond to
be siC.ad by the Treasurer of said Cita/ of Lodi and by its Clem,
and has cause) its Clerk to affirm thereto its corporate seal all on
the 5th day of Januazi, 1920.
Treasurer
Clerk
Said bonds shall bear l terost at the rate of seven per cent
Ter a~: uW, pcyable an the second d, --sof January and July of each year,
commenciag Jena 2n1, 1921.
Fhe_e shall be attached to each bond an interest coupon for each
sem-annual Dayment of interest to become due thereon, and each coupon
shall be in such an amort as to represe:zt siz months interest on the
bond to which it is attaclaed, except t_.at t:_e coupen rer•resentin; 41- e
Interest due Januar, 2nd, 1921, small be for such an amount as may
represent the interest on each of said 'ponds respectively, from the 15th
day of Dece- ger, 1919 to the 2r_d day of Januar) 1921.
Said coupons shall be numbered consecutively according to the
order of their payment, and sl -,all be subst„ntially in the following
form, tc-i;it:-
Coupon 3o. Bond No. V
Improvement Bond- Cit,- of Lodi.
On the 2nd day of , A. D. 19 , the City of Lodi will
pay to the bearer hereof, at "lie offico of the Cit„ Treasurer in said
City, County of San Joaquin, State of California, the am of
said sum Dein,- the interest due on that date upon the above numbered
im�rovenent bond.
Series No.
Ci Treasurer.
The City Treasurer and City Clerk- are hereby authorized and
directed to sign each and every one of said bonds, and the City Clezk
is authorized and directed to affix thereto the corporate seal of the
City, and the City Treasurer is hereby authorized and directed ':o si-,=
each and evert one of the coupons attache'_ to said bonds, provided
however, that the Cit., 'Treasurer in signing said coupons may use and
adopt his printed or lithographed signature, in place of his signature
bJ hand.
Said bonds shall be issued in annual series, and the u;::paii
�- assessments as shown on said list filed b,- the Superintendent of
Streets and determined by said Board of Trustees together :pith
interest thereon, shall remain and constitute a trust fund for the
redemption and payment of said bonds ren.:d of the interest which may be
due thereon, Much unp .ii assessments shrill be psZable in annual
series co_respondi_g in number to ttae number of series of bonds
issued, end an even annual proportion of each assessment shall be
payable in each year preceding the da`e of maturity for each of the
several series of bonds issued, and such _r,roportion of each assess-
ment coming due in any year together .Tit'r: the annual interest thereon,
sha-1 be payable in installments as the general municipal taxes of
cc -id Cit;, of Lodi on real property are payable and shall became
delingaent at the same tines and in the same proportionate amour -to
and be::r the same proportionate penalties and interest for delinquency.
Sealed proposals for the purchase of said improvement bonds gill
be received by Said Clerk up to the hour of ei7-ht o'clock '. ... on
2 -- F-6#-.,«7
4AJonday the t6tt. do j of Jeneardy, 192% Bids dust be for not less than
par value of the bonds and accrued i_nterezt. The right is reserved
to reject any and a.7.1 bids. If a satisfactory bid be received, the
successful bidder W be allowed ten days for examination of the
proceedings authorizing the issue of said bonds, and may make his bid
subject to t -.e legnl.it;; of said ?roc edi.2gs. Rias must be accompanied
by certified chec' or eas:_ier's c:_eck on some responsible bank in t_.e
sum of ten _ger cent of the Tax value of the account of bdknds bid for,
such check to be made payable to :. City Cler'_t.
The Cit. Cler'L is hereby directe:i to advertise for bids for such
bonds as 'rerein provided by publishing notice inviting bids, once a
Tree:c for tro 7neks it the nodi Sentinel. Said notice shall be in
substan. tiaily the follei g fora:
Seale: bids --Per the purchase of street improvement bonds of the
City of Lodi, in the County of San Joagnin, State of California, will
be received by the underei--ned City Cork of sail City of Lodi,up
y ..
t o eight o' clo cis _ . H., Monda;;- the �h day of �, 1920. Such
bids shall be addressel to the andersipied and must be for not less
than -nryr value of the bo.:ds bid for, pith accrued i.1ter6st to date
of delivez j. she right is reserved to reject any or all bids. The
successful bidder will be allo:rod ten days for examination .of the
proceedings, and bids maybe ^.:P.34? subject to the lez;7lity of the
proceedings. Each bid Faust be Fecom7va_nlel b,; a cortified check or
cashier's cheak aeon some respory it'_e bazi'k: in a s= soasl to tell
per cent of the par value of bonds bid f07. Such checks shall be
made payable to the undersipmed.
Said issue of bonds aggregate the total sum of "W" 6,899.10, bearr
ing interest at the rate of aeven pox cant rc: ..n x_. , payable seai-
annuu'ly on the 2n, day o_ January as3 :ulvy of each ;ear. Said
bor_do aro of T ;B fall owitaa' (i zoni :LiCZa:: — Oon (10) 'ov^a:ts of the
denominz_tios of Rive hundrad (500) lollars each, and ten (10) 'ponds
of the denomination of one hundred thirty nine and 91100 (139.91) e
dolla=o each, a 0- are dated Janu_.M-5th, 1920.
Said bonds are of the ouaracter known as serials, and ore (1)
of said bonds of the denomination of five hundred (5G)) dollars Cash
and one (1) of said bonds of the danomination of one hundrQd thirt7-
ri.ne a& 91/10o (139.91) doll-&rs each is aayable annus�lly fror, :I.; y
2nd, 1921, to July 2nd, 1930, both inclusive, and are iwaedurziant
to the provisions of the " 1=rovement Bon& Butt o3 191511, and _ani-
ments thereto, ::sic pvreutsnt to rrocee_ >?gc ta':er. bd the Bc—y1 of Trus-
tees of the cit;; of -oat -tadsr es• 'titian of ...tent.ion No. 9".
r Cit;; Clerk
By order of the Board vZ mrusteoo.
Lazed << —_azy 5th, 1920.
ford JOln j rc301UtiOn :0. 79 wad ad;.;;ted by ti:c iv11ov it
.3 L a. ' /
y". lr_Lst:ads Hale, Crowe, _.�7:�__C2.ti, ,.:0,1�O.T„arf al -a BiasS.
Bice. Nona.
iO3d.: . 'vO:iv3.
The Board, upon_ i;otioI- 1'eaularyJ lack, 3-Conded a,.d c-,zried,
to .feet aLaln at a^ o 'vl%)ck P -a,. , ..:01'Ldly 7 1Iluaryj 12 1920.
' CI jr v_e_" .