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133 <br />Thk t with resl�oct to paid bonds h, -vin,- ;lenoi: ination of 11500.00; <br />That the firm coupon to become payable on each of said <br />bonds shall be of the denomination of ^43.85; and <br />That each of the ot.ier coupons attached thereto vrhich <br />will become 'n,1­1-ablethereafter shall be of the de- <br />nomination of .17.50; <br />That with respect to said bonds having d.enomi:a tion of ^402.08; <br />That the first coupon to become payable on 'ac'.: of said <br />bonds shall be of the denomination of (`35.26;, and <br />That each of the other coupons attached thereto which <br />will become payable thereafter shall be of the de- <br />nomination of 1)14.07. <br />I <br />S�XTT-OI; 2. - Said bonds shala`be issued in series, and the unpaid assessments <br />as shovra on said list filed by the Superintendent of Streets and determined by the <br />Hoard of Trustees, to, -ether with interest thereon, shall remain and constitute a <br />trust fund for the redemption and payment of said bonds and o-' the interest which <br />may be due thereon, which unpaid assessments shall, be payable in annual series <br />corresponding in number to the number of series of bonds issued, and an even annual <br />proportion of each assessment shall be payable in each year preceding the date of the <br />maturity of each of the several series of bonds issued, and such annual proportion, <br />I of each assessment coming, due in any year, together with the annual interest thereon, <br />I <br />shall in turn ba: payable in installments as the general nunicipal taxes of said Town <br />on real property are payable, and shall become delinq:ient at the 'same ti:tes and in <br />the same proportionate amounts and bear the same proportionate penalties and interest <br />for delinquencyi <br />Said bonds shall be signed by the Treasurer of said City and countersigned b- <br />the Cleric, who shall affix thereto the official seal of said Twin.; the interest <br />coupons attached thereto shall be signed by the Treasurer or bear his engraved or <br />litho„raphed si_,ature; and such signin- and sealing of said bonds by said officers <br />and signin- of said coupons by said Treasurer shall constitute and be sufficient <br />and',binding execution of each and every one of said bonds and all of the coupons <br />thereof respectively. Said bonds shall be substantially in the form set forth <br />in said "Imvrovement Bond Act of 1915". <br />The interest coupons attached to each of said bonds and evidencing the <br />` interest to accrue thereon shall be numbered consecutively and be substantially in the <br />is <br />followin, form, to -wit: <br />Coupon No. tiN <br />The town of Redwood City, California, will <br />pay to the bearer hereof on the 2nd day of <br />x at the office <br />of the City Treasurer, said sum beim; the <br />semi-annnal interest due on said Improvement <br />Bond No. of Series No. . <br />Bated: October 18th, 1926. <br />Treasurer. <br />Said bonds and all of the interest coupons shall be dated October 18th, 1926. <br />SECTION 3. - Said bonds shall be delivered to Peninsula Paving Company, <br />assignee of A. J. Crocker Co., the contractor, in satisfaciion of the balance due <br />said I.ssiraice of the Contractor, upon its assessment and warrant. <br />passed and adopted by the Board of Trustees of the Tovrn of Redvroo& City at <br />a regular mectint; of said Bo,_,.rd held on the 18th day of October, 1926, by the <br />f olloviinL, vote: <br />and in favor of the passage of the foregoing; Resolution, <br />_IC:,S and a;ainst the passage of the f oregoinr, Resolution, <br />