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1 <br />That with respect to said bonds having denomination of $100.00; <br />That the first coupon to become payable on each of said <br />bonds shall be of the denomination of $8.56; and <br />That each of the other coupons attached thereto which <br />will become pa ble thereafter shall be of the de- <br />nomination of 3.50.' <br />That with respect to said bonds having denomination of $114.36; <br />That the first coupon to become payable on each of said <br />bonds shall be of the denomination of $9.78; and <br />Tha* each of the other coupons attached thereto which <br />will become payable thereafter shall be of the de- <br />nomination of P4.00. <br />SECTION 2. - Said bonds shall be issued in series, and the unpaid assessments <br />as shown on said list filed by the Superintendent of Streets and determined by the <br />Board of Trustees, together with interest theron, shall remain and constitute a <br />trust fund for the redemption and payment of said bonds and of the interest which <br />may be due thereon, which unpaid assessments shall be payable in annual series <br />e6rresponding in number to the number of series of bonds issuedq and an even annual <br />proportion of each assessment shall be payable in each year preceding the date of <br />the maturity of each of the several series of bonds issued, and such annual proportion <br />of each assessment coming due in any year, together with.the annual interest thereon, <br />shall in turn be payable in installments as the general municipal taxes of .said <br />Town on real property are payable, and shall become delinquent at'the same times and <br />in the same proportionate amounts and bear the same proportionate penalties and <br />interest for` delinquency. <br />Said bonds shall be signed by the Treasurer of said City and countersigned by <br />the Clerk, who shall affix thereto the official seal of said Town; the interest <br />coupons attached thereto shall be signed by the Treasurer or bear his engraved or <br />lithographed signature; and such signing and sealing of said bonds by said officers <br />and signing of satd bonds by'+sal& treasurer shall constitute and be sufficient and <br />binding execution of each and every one of said bonds and, all of the coupons thereof <br />respectively. Said bonds shall be substantially in the form set forth in said <br />"Improvement bond Act of 1915". <br />The interest coupons attached to each of said bonds and evidencing the interest <br />to accrue thereon shall be numbered consecutively and be substantially in the <br />following form, to -wit: <br />Coupon No. 1 0 <br />The Town of Redwood City, California, will " <br />pay to be bearer hereof on the 2nd day of <br />at the office <br />of the City Treasurer, said sum being the <br />semi-annual interest due on said Improvement <br />Bond No. of Series No. <br />Dated; November lst, 1926. <br />Treasurer. <br />Said bonds and all of the interest coupons shall be dated November lst'„ 19264 <br />SECTION 3. Said bonds shall be delivered to Peninsula Paving Company, the <br />Contractor, in satisfaction of the balance due said Contraetor upon its assessment <br />and warrant.' <br />Passed and adopted by the Board of Trustees of the Town of Redwood City at a <br />regular meeting of said Board held on the lst day of November, 1926, by the <br />following vote: <br />AYES and in favor of_the passage of the goregoing Resolution, <br />TRUSTEES: <br />NOES AND against the passage of the foregoing Resolution, <br />143 <br />