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BOOK 16_1929-01-07 to 1932-12-19
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1929 to 1932 Book 16
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BOOK 16_1929-01-07 to 1932-12-19
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Last modified
10/12/2017 9:34:25 AM
Creation date
10/12/2017 8:57:20 AM
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Template:
CC Index
CC Index - Document Type
Minutes
Meeting Type
Regular
Agency Type
City Council
Date
1/7/1929
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373 <br />Series Number ' <br />Number of Bond. Denomination Date of Maturity <br />M-12 64 12000;00 July 2, 1939 <br />M-12 65 10000;00 July 2; 1939 <br />M-12 66 500,00 July 2, 1939 <br />14-12 67 500;00 July 2; 1939 <br />11-12 68 200;00 July 2, 1939 <br />M-12 69 100;00 July 2; 1939 <br />11-12 70 50,00 July 2; 1939 <br />11-12 71 50,00 July 2; 1939 <br />1I-12 72 41,63 July 20 1939 <br />11-12 73 10000;00 Jiily 2, 1940 <br />M-12 74 10000;00 July 20 1940 <br />M-12 75 500,00 July 28 1940 <br />M-12 76 500,00 July 2, 1940 <br />11-12 77 200;00 July 20 1940 <br />M-12 78 100,00 July 2, 1940 <br />M-12 79 50:00 July 2, 1940 <br />M-12 80 50100. July 2, 1940 <br />M-12 81 41.63 July 2, 1940 <br />M-12 82 16000;00 July 20 1941 <br />M-12 83 19000;00 July 20 1941 <br />11-12 84 500,00 July 28 1941 <br />M-12 85 500,00 July 2, 1941 <br />M-12 86 200,00 July 2, 1941 <br />M-12 87 100,00 July 2, 1941 <br />M-12 88 50,00 July 20 1941 <br />M-12 89 50,00 Jiily 2, 1941 <br />M-12 90 41,63 July 2, 1941 <br />AND BE IT FURTHER ORDERED that with respect to said bonds having <br />a denomination of $1,000.00 the first interest coupon to become due and <br />payable thereon shall be of the denomination of $61.24 and that each of, <br />the other interest coupons attached thereto and which will become payable <br />thereafter shall be of the denomination of $35.00. <br />AND BE IT FURTHER ORDERED that with respect to said bonds having <br />a denomination of $500.00 the first interest coupon' -bo become due and <br />payable thereon shall be of the denomination of $30;62 and that each of"' <br />the other interest coupons attahced thereto and which will become payable <br />thereafter shall be of the denomination of $17.50. <br />AND BE IT FURTHER ORDERED that with respect to said bonds having <br />a denomination of $200.00 the first interest coupon'to become due and <br />payable thereon shall be of the denomination of $12.24 and that each of <br />the other interest coupons attached thereto and which will become payable <br />thereafter shall be of the denomination of 07.00, <br />AND BE IT FURTHER ORDERED that with respect to said bonds having <br />a denomination of $100.00 the first interest coupon to become due and <br />payable thereon shall be of the denomination of $6.12 and that each of <br />the other interest coupons attached thereto and *hich will become payable <br />thereafter shall be of the denomination of $3.50. <br />AND BE IT FURTHER ORDERED that with respect to said bonds having <br />a denomination of $50.00 the first interest coupon'to become due and <br />payable thereon shall be of the denomination of $3.06 and that each of <br />the other interest coupons attached thereto and which will become payable <br />thereafter shall be of the denomination of $1.75. <br />AND BE IT FURTHER ORDERED that with respect to said bonds having <br />a denomination of $41.63 the first interest coupon to become due and <br />payable thereon shall be of the denomination of $2.54 and that each of <br />the other interest coupons attached thereto and which will become payable <br />thereafter shall be of the denomination of $1.45. <br />SECTION 2. Said bonds shall be issued in series, and the unpaid <br />assessments, as shown on said list filed by the Superintendent of Streets <br />and determined by the City Council of the.City of Redwood City, together <br />with the interest thereon, shall remain and constitute a trust fund for <br />the redemption and payment of said bonds and the interest to become due <br />thereon, *hich unpaid assessments shall be payable in annual series <br />corresponding in number to the number of series of bonds tissued, and an <br />even annual proportion of each assessment shall be payable in each year <br />preceding the date of the maturity of each of the several series of bonds <br />issued, and such proportion of each assessment coming due in any year, <br />together with the annual interest thereon, shall in turn be payable'in <br />installments as the general taxos of the City on real property are pay- <br />able, and shall become delinquent at the same time and in the same <br />proportionate amounts and bear the same proportionate penalties for <br />
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