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05/27/1930-025IN THE MATTER OF ACQUISITION AND IMPROVEMENT DISTRICT NO. 2 OF THE CITY OF ANAHEIM RESOLUTION FIXING TIME FOR HEARING UPON PROPOSED ISSUANCE OF BONDS TO OBTAIN IMMEDIATE POSSESSION. WHEREAS, in a Resolution adopted by the City Council of the City of Anaheim on the 13th day of May, 1930, in the Matter of Acquisition and Improvement District No. 2 of the City of Anaheim, the acquisition of lands for the widening of West Center Street from Palm Street to Nest Street in said city to a uniform width of eighty - nine and five - tenths (89.5) feet, being forty -four and seventy -five hundredths (44.75) feet on each side of the established center line of said street, with additional widening at the northeasterly corner of said Center and Test Streets to improve the traffic lane to Lincoln Avenue, a public street in said City, as proposed in the Resolution of Intention in the above entitled matter, adopted on the 22nd day of Aptil, 1930, was ordered, and Geo. F. Holden, Attorney of the City of Anaheim and attorney for said Acquisition and Improvement District No. 2, was ordered to bring an action for the condemnation of the property necessary therefor, and to report to this City Council the amounts of money required for the purpose of obtaining immediate possession and use of the property so sought to be acquired; and, WHEREAS, the said Geo. F. Holden, Attorney, has reported to this City Council that an action in eminent domain has been riled in in the Superior Court of the State of Californi&, and for the County of Orange, said action being entitled: "City of Anaheim, a 'Municipal Corporation of the Sixth Class of the State of California, Plaintiff, vs. Janss Investment Corporation, a corporation, et al., Defendants ", being Superior Court case No. 26421, and that proof was presented to the said Court of the amounts of money required to secure immediate possession of the lands sought to be oondemned, and tkt the said Court made an Order directing the deposit of money to secure payment of -1- compensation to defendants in said action, and that the total amount required for deposit in Court in order to obtain immediate possession of said property, as set forth in said Order of Court, is the sum of Thirty Nine Thousand, Two Hundred Seventy -Four and Eighty -Five Hundredths ($39,274.85) Dollars, and, WHEREAS, it is the intention of this City Council to order that bonds of said district be issued and sold for the purpose of obtaining the necessary money to deposit in Court in order to secure said immediate possession and use of said property, NOW, THEREFORE, be it RESOLVED by the City Council of the City of Anaheim as follwws, to -wit: 1. That Tuesday , the 10th day of June , 1930, at the hour of 8 o'clock P.M., is the time, and the chambers of the City Council of the City of Anaheim, in the City Hall, in the City of Anaheim, is the place, hereby fixed for a hearing upon the issuance of bonds against the lands in the assessment district in Acquisition and Improvement District No. 2 of the City of Anaheim, for the purpose of obtaining the amounts required by the Court,to -wit: amounts totaling the sum of Thirty Nine Thousand, Two Hundred Seventy -Four and Eighty -Five Hundredths ($39,274.85) Dollars, in order that immediate possession and use of the public ways sought to be acquired under the proceedings in the above entitled matter may be had, and for the purpose of furbishing an opportunity to all persons owning lands within the said assessment district, or otherwise interested, and feeling aggrieved by any act or determination done or made in the said proceeding, or claiming that any of the previous acts, determinations or proceedings are irregular, defective, erroneous or faulty, or having any ob4sotions to offer, or any reason to advance why bonds should not be issued in the amount above set forth, for the purposes above set forth, to appear before this City Council, and be heard upon any of the above mentioned matters. Said bonds, so proposed to be issued in the sum of Thirty Nine Thousand, Two Hundred Seventy -Four and Eighty -Five Hundredths ($39,274.85) Dollars, will be issued under and in pursuance of the -2- Provisions of the *Acquisition and Improvement Act of 1925H, and shall bear interest at the rate of six per cent (6%) per annum, payable semi - annually, and the aggregate principal of all bonds issued shall be paid and discharged within twelve (12) years after the date of issuance, approximately one -tenth (1J10tht part of such aggregate prin- cipal to be payable annually beginning three (3) years after date of issuance, all in gold coin. A special fund for the payment of said bonds will be constituted by the levy of special assessment taxes upon the lands within the assessment district, according to the assessed value of said lands, (exclusive of the improvements thereon) and in accordance with the zones and percentages as finally determined by this City Council on the 13th day of May, 1930, and as more fully set forth in the Resolution of Intention in the above entitled matter adopted by said City Council on the 22nd day of April, 1930, 2. The City Clerk of the City of Anaheim shall prepare and sign a Notice of the above mentioned haring, and shall cause the same to be published by at least two insertions in the newspaper designated in said Resolution of Intention, and a copy of said Notice shall be posted, and kept pouted for at least two days on or near the chamber door of this City Council. The foregoing Resolution Fixing Time for Hearing upon Proposed Issuance of Bonds to Obtain Immediate Possession is hereby approved, signed and attested this 27th day of May, 1930. f Mayor of t e City o nape A 0 0 x a Attest: 4 ity Clerk of the City Anaheim " 0-- STATE OF CALIFORNIA COUNTY OF ORANGE SS. CITY OF ANAHEIM I, Edward B.Merritt, City Clerk of the City of Anaheim, do hereby certify that the foregoing resolution was introduced and adopted at a regular � meeting of the City Council of the f Aah im held *a ;— 1: on the �2-; & ay of 7n cQ 1 30, by the following vote: -�_ AYES: Councilmen: Ludla.Aa-L4,.4-1- -!-,? NOES: Councilmen: ✓4 ABSENT AND NOT VOTING: Councilmen: I ."It - And I further certify that the Mayor Of the City of Anaheim approved and signed said resolution on the - Z-/ 14C day of 7 e 2 1930. IN WITNESS WHEREOF: I have hereunto set my hand and affixed the official seal of the City of Anaheii$, this ;L:ZY& day of 7 et� 1930, — of Anaheim City Clerk of the Q!t Y