BOOK 16_1929-01-07 to 1932-12-19

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AND BE IT FURTHER ORDERED that with respect to said bonds having a denomination 55 of 50040 the first coupon to become due and payable thereon shall be of the denomination of 31.03, and.that each of the.other doupD-ts dt..tached thereto and which will become pay- able thereafter shall be of the denomination of 17.50. And that with respect to said bonds having a denomination of $100.00 the first coupon to become due and payable thereon shall be of the denomination ®f ?6.209 and that �I each of the other coupons attached thereto and which will become payable thereafter shall be of the denomination of $3.50. I!1 And thdit with respect to said'bonds having a denomination of $76,42 the first coupon to become due and payable thereon shall be of:;.the denomination of $4.749 and that each of the other coupons attached thereto and which will become payable thereafter shall be of the denomination of $2.67. Section 2. Said bonds shall beissued in series,&.nd the unpaid assessments as Nil shown on said list filed by the Superintendent of Streets and determined by the Council of the Town of Redwood City, together with the interest thereon, shall remain and constitute a trust fund for the redemption and payment of said bonds and the interest to become due thereon, which unpaid assessment shall be payable in annual series corresponding in number to the number of series of bonds issued, and an even proportion of each assessment shall be payable in each year procedingthe date of the maturity of each -of the several series of bonds issued, and suchproportion of each assessment coming due in any year, together with ! the annual interest thereon, shall in turn be payable in installments as the genaral taxes of said City on real property are payable, and shall become delinquent at the same time and in the same proportionate amounts and bear the proportionate penalties, for delinq- uency. Said bonds shall be signed by the Treasurer of Said Town of Redwood City and be y countersigned b the Clerk of said Town. 11he interest coupons attached to said bonds shall g be signed by the.Teasurer of said Town or b6ar his engraved, printed or lithographed sign - such ature, and/ signature and sealing of said bonds by said officers, and the signing of said coupons by said Treasure, shall constitute and be a binding excution of each and every one of said bonds and all of the coupons thereof respectively, Said bonds shall be substantially rr in the form set forth in the"Improvemen.t Bond Act of 1915" of the State of California, as amended and now in effect. The interest coupons attached to said bonds and evidencing the interest to accrue and bec6me due thereon.shall be numbered consecutively, beginning with the number none", inclusive, and shall be substantially in the following form. -to -wit: Coupon No. The Town of Redwood City, California, will pay to the bearer hereon onnthe second day of 19_0 at the office of the Treasurer of said Town, the sum of , being the semi-annual interest due on Improveipent Bond No , of Series No. Treasurer of the Town of Redwood City. Said bonds shall forewith be delivered to the contractor in satisfaction of the of the balance due upon the assessment and warrant. I hereby certify that the foregoing order and resolution was duly and regularly in- troduced and adopted by the Council of the Town of Redwood City at a regular meeting thereof held on the 4th day of March, 1929, by the following vote: