HomeMy WebLinkAboutResolutions - No. 11-03-1919fzzr.id bonds are Of the Character known as Serials, and one (I)
bf said bonds of the denomination of five hundred (500) dollars each;
one (1) of said Bonds o_* the denomination of tval huzidred (200) dollars
each, and one (1) of said bonds of the denomination of Ninety nine and
99/100 (99.93) dollars each is payable �_--auallyr from July 2nd, 1921, to
July 2n&, 1930, both inclusive, and are issued r.ur::uant to the provisions
of the "I=ovezienl. Bond -,ct of 191511, and Fri ndmen-U.3 thereto, and pu=-
suant to proceedingo taken by the Board of Trustees of the City of Lodi
under Res&lation of Intention No. 19,
City Cler - —
By order of the Board of Trustees.
Dated Ilovember 3rd, 1919.
The fc;regoixig '.Resolution No. 71 was padsed and adopted by the
following vote:
Ayes: Trustees Montgomery, Crose and Blac_',c.
Noes; :Tone.
Absent: Trustees Hale and TMorehead.
RESOLUTION XO. 72.
Authorizing and directing delivery of bonds issued purquar-tto
tr.e provisions of Resolution of Intention No. 18, and uTlie Improve-
ment Bond Act of 1915u ani: &mJnd_-ents t--ereto, to the CITY BA54- OF
STOC_KT0_',i, California, (assignee of Clark & Hen ery Construction Co=par,)r,
the contractor).
BE IT RESOLVED BY THE BOARD OF TRUSTEES 02 THE CITY OF LODI AS
F OZZOWS:
T='� _12" the city Clerk, -pruOuant to the Provisions cf
resolution '_Sc. Ld-, aaopted Octo'r 6th, 1919, caused to ae duly
a notice inviting sealt;r.
I bids for the purchase of
Street Improvement Bonds dated Gotober 6th, 1919, and aggregating
the tot ---I sUM1 of X1,280.70, and Issued parsuant to the'provisions
of the "Improvement Bond Act of I015" and amendments thereto, and
pursuz=t to proceeding teen by tha Board cf firmsteesof the City
Of TOdi ender resolatjon of Intention No. IS aud
WHE-'' S, said 3esolution 1TO-6j-providecl that bi&6 would be
received by the City Clerk UP to t -e !rear Of eight O'cloevlr 2. on
Monday -November 3rd, 1919, and said published notice contains a
like provisica, and
i 9, o bi3 0: bids Ts or we e received b, the Cit,; 01ar�
for the of said Street Ira rovement Bonds within th a times
limited ar- provided for in sai,i :.egolntioa yand -otice;
,1.1071, � _.�=v:'.r, BE IT that -he Presi:;ent of the Board
of Trustees aad the City Clerk be and they are he-�'eby authorized
and directed to deliver said Bc: do in t' -,,e aggregate total .emount
of 91,280.7C to the CityiE.'. Stockton, California (assigmee
of Clark & He:.er-y Ccnstrketion Coopar�y) the Contractor who performed
the work under said 2esolUtion Cf intenticr ;;o. 18, in satisfaction
of the sun aue said Contractor upon its assescr,:ent and
Said Bonds so to be delivered consist of ten (10) bonds of the
denomination of one hunci_ei twenty-ei ,-t and 07 /100 (128.17) dollars
ep-ch, and axe of the C.laracter k:no':'^t as Serials. CLR of sail b,. is
of the '3enomination of one hundred t mnty-eight and C7/10o (128.C7)
dollars is-.okvable annually from Jul;;; 2nd, 1421, to July 2nd, 1930.
both incla3ive.
Upon motion of Trustee FS;, _taomery, seconded by Trustee Crose,
t -2 fore'oino resolution No. 72 was adopted by the following vote:
Ayes: Trustees Montz;onery, Crosti and Black.
Moes: Pone.
Absent: Trustees Hale and Lorehead.
Lion ?:otion of Trustee LIontsomerl, seconded by Trustee Crose ,
tae Superintendent was autnorized to remove the 100°'a _-=erlcan sign from
the Piro 3traet Arch.
:.Tiscellar_eous bills amounting to X5090.01, having been passed
by the Finance Co=aittee, dere allowed and ordered paid.
No further business appearing the Board ad-iourned lar -til the
next ri011a-- m-s`ino, ;.ovembfIr 17, 1919.
Attezt: �� RL -
city
Cleric.