BOOK 14_1923-01-02 to 1926-04-19

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s- - 442 aggregate amount of said assessments unpaid is the sum of $16,854.o1 . NOW, THEREFORE, in consideration of the foregoing premises, the Board of Trustees of the Town of Redwood City does further hereby resolve as follows; Section 1. That bonds 'shall be issued upon the security of said unpaid assessments to said amount of $16,854,00 , in accordance with the provisions of said "Improvement Act of 191111, as amended, and said "Improvement Bond Act of 1915", as amended, and under and pursuant to said Resolution of Intention and resolutions, notices and proceedings in re- lation .thereto, duly had and taken; said bonds shall be dated September 21, 1925, shall be called "Improvement Bonds", shall be 30 in number and bear interest at the rate of seven pec cent. per annum from September 4, 1925; and the character and denominations of said bonds, with their respective numbers and dates of maturity are as follows: Series 4 - Bond Nos. Denominations Dates of Maturity 1 1000.00 July 2, 1927 2 500.00 July2, 1927 3 185.40 July 29 1927 4 1000.00 July 29 1928 1000.00 500.00 July 29 1928 65 185.40 July 29 1928 7 1000.00 July 29 1929 8 00.00 July 2, 1929 9 85.40 July 29 1929 10 1000.00 July 2, 1930 11 ..500.00 July 21 1930 12 185,40 July 29 1930 �r 13 1000.00 July 29 1931 14 500.00 July 2, 1931 15 185.40 July 2, 1931 16 1000.00 July 29 1932 19 500.00 July 2, 1932 1 185.40 July 29 1932 19 1000.00 July 29 1933 I 20 500.00 July 29 1933 �. 21 185.40 July 2, 1933 22 1000.00 July 2, I 1934 23 500.00 July 29 1934 24 185.40 July 29 1934 I 2 1000.00 July 2, 1935 2 500.00 July 29 1935 27 185.40 July 2, 1935 28 1000.00 July 2, 1936 _ 0 29 500, 00 July 2 „ lg 6 30 185.40 July 2, 193b Section 2. With reference to said bonds having a denomination of $1000.00, the first coupon attached to each of said bonds shall have a denomination of $92.94 and the aw.bsequent coupons attached to each of said bonds shall have a denomination of 035.00, With reference to said bonds having a denomination of $p500.00, the first coupon -attached to each of said bonds shall have a denomination of 046.47 and the subsequent coupons attached to each of said bonds shall have a denomination of 17.50. With reference to said bonds having a denomination of 0185.40, the first coupon attached to each of said bonds shall have a denomination of 017.23 and the subsequent coupons attached to each of said bonds shall have a denomination of $6.49• -The first coupons above referred to shall represent interest upon the principal of the respective bonds to which the same are respectively attached coming due on Jamuary 2, 1927, and the subsequent coupons above referred to shall represent the interest coming due M on the principal of the respective bonds to which the same are respectively attached for tho several semi-annual periods subsequent to January 2, 1927 - Section 3. Said bonds shall be issued in series, and the unpaid assessments as shown on said list filed by the Superintendent of Streets and determined by said Board of Trustbes,together with interest thereon, shall remain'and constitute a trust fund for the redemption and payment of said bonds and of the interest which may be due thereon, which