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

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G J_ 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 Trustees 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 znpaid assessments shall be payable in annual series corresponding in number to the number Off series of bonds issued,and an evert annual proportion of each assessment shall be payable in each year preceding the date of the maturity for each of the several series of bonds � issued, and such proportion of each assessment coming•due in any year, together with the I��. annual interest thereon, shall in turn be payable in installments as the general municipal 66 taxes of said city on real property are payable, and shall become delinquent at the same times and in the same proportionate amounts and bear the same proportionate penalties for f delinquency. Said bonds shall be signed by the Treasurer of said city and countersigned by the Clerk, who shall affix thereto the official seal of said city; the interest,coupons affixed thereto shall be signed by the Treasurer or bear his engraved or lithographed signa- tura; said bonds shall be substantially in the form set forth in said "Improvement Bond Act Of 1915", as amended; said Treasurer and said Clerk being hereby authorized and directed so to sign and countersign respectively. The interest coupons attached to each of said bonds and evidencing the interest to accrue thereon shall be numbered consecutively and be substantially in the following form, to -wit: Coupon No.....,........•. The Town of Redwood City will pay to the bearer hereof on the second day of 19..., .........., at the office of the Treasurer of said city in the County of San Mateo, State of California, said sum being the semi-annual in- terest due on Improvement Bond No......, of Series...., dated this 5th day of October, 1925. ........................ Treasurer Section 4. Said bonds shall be delivered to E. C. Stewart , assignee of N. A. Dontanville the Contractor, in satisfaction of the balance due said assignee of said Contractor upon its assessment and warrant. I hereby certify that the foregoing resolution was duly and regularly introduced and adopted by the Board of Trustees of the flown of Redwood City at a regular meeting thered held on Monday, the 5th day of October, 1925, by the following vote: AYES: Trustees C. S. Mabie, A. E. Monteith, G. W. McNulty, H. A. Beeger NOES: Trustees N 0 N E ABSENT: Trustees M. E. Ryan, Attest W. A. Price Seal Clerk Affidavit of John Isaac in the matter of Publishing, and Affidavit of W. A. Price, City ,lerk in the matter of posting near Council Chamber door. "Notice of Pilling Unpaid Assess- nent List and Hearing Thereon" for street improvement under Resolution of Intention No. H-1 was on motion of Trustee Mabie, seconded by Trustee McNulty, same be received and filed. lotion carried. Trustee Mabie offers, the following Resolution and moves its adoption Trustee McNulty Beconds the motion. Motion carried. 5