Ordinance No. 647
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ORDINANCE NO.
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AN ORDINANCE PROVIDING FOR THE ISSUANCE OF BONDS
OF THE CITY OF \~RNON, STATE OF CALIFORNIA, IN THE SUM
OF ONE HUNDRED THOUSAND DOLLARS ($100,000.00) FOR THE
PURPOSE OF ACQUIRING, CONSTRUCTING jU~D COMPLETING A
CERTAIN MUNICIPAL IMPROV~ffiNT, NAMELY, A BUILDING FOR
MUNICIPAL PURPOSES, TO-WIT: A FIRE ENGINE STATION HOUSE,
INCLUDING THE ACCUISITION OF FURNISHINGS THEREFOR A.ND
FIRE APPARi,TUS FOR THE PREVENTION AND EXTINGUISHMENT OF
FIRES~
WHEREAS, the City Council of the City of Vernon,
California, at an adjourned regular meeting held June 25, 1946,
by a vote of more than two-thirds of its members, duly passed
and adopted a resolution determining that the public interest
and necessity demand the acquisition, construction and comple-
tion of a certain municipal improvement, namely, a building
for municipal purposes, to-wit: a fire engine station house,
including the acquisition of furnishings therefor and fire
apparatus for the prevention and extinguishment of fires, and
WHEREAS, said resolution was duly signed by the Mayor
of said City, and duly attested by the City Clerk thereof, on
the said 25th day of June, 1946, and entered in the Book of
Resolutions of said City, and a minute of the passage and
adoption thereof made on the minutes of the meeting at which
the same was passed and adopted, and
WHEREAS, on the 9th day of July', 1946, the City
Council of' the said city, at a regular adjourned meeting, by
a two-thirds vote of its members, duly passed and adopted
an ordinance calling a Special Election to be held in said
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ci ty on the 30th day of July, 19~.6, for the purpose of sub-
mitting to the qualified voters of said city, the proposition
of incurring an indebtedness and issuing bonds of said city in
the sum of One Hundred Thousand Dollars ($100,000.00) for the
purpose of the acquisition, construction and completion of
a certain municipal improvement, namely, a building for
municipal purposes, to-wit: a fire engine station house,
including the acquisition of f'urnishings therefor and fire
apparatus for the prevention and extinguishment of f'ires, which
said ordinance was approved by the Executive of' said city,
to-wit: the I1ayor, thereof, on the 9th day of July, 1946, and
was duly posted in said city on the 9th day of J'uly, 1946, and
f'or two succeeding weeks thereafter, in three public places in
the City of Vernon, to-wit: at the entrance to the City Hall
of the City of Vernon, 4305 Santa Fe Avenue; at the Northwest
corner of' 38th Street and Santa Fe Avenue; and at the North-
west corner of 37th Street and Santa Fe Avenue, and
WHEREAS, said election was held on the 30th day of'
July, 1946, as provided for by said ordinance calling said
election and by law for holding municipal elections in said
city, and the proposition of incurring the bonded debt,
hereinbefore mentioned, received more than two-thirds of' the
votes of the qualif'ied electors of said city voting at said
election, and
WHEREAS, all and singular the provisions of the
Act of the Legislature of the State of California, entitled
"An Act Authorizing the Incurring of Indebtedness by Cities,
Towns and Municipal Corporations for Municipal Improvements
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and Regulating the Acquisition, Construction, or Completion
thereoflT vlhich became a law February 25th, 1901, and the acts
amendatory thereof and supplementary thereto, including the
Government Code as amended, and the general laws of the State
of Calif'ornia relating to cities of' the sixth class and the
laws and ordinances of the City of Vernon, have been fully
complied with so as to authorize the issuing of said bonds; and
WHEREAS, the public interest and necessity demand
that all of said bonds be issued and sold at the earliest
practicable date;
NOW, THEREFORE, the City Council of the City of
Vernon does ordain as follows:
Section 1. That bonds of the said City of' Vernon
in the sum of One Hundred Thousand Dollars ($100,000.00)
be issued in accordance with the provisions of the Act of
the Legislature of the State of California, entitled, llAn
Act Authorizing the Incurring of Indebtedness by Cities,
Towns and Municipal Corporations for Municipal Improvements
and Regulating the Acquisition, Construction or Completion
thereof", which became a law February 25th, 1901, and all
acts, or parts of acts, amendatory thereof or supplementary
thereto, including the Government Code as amended, and in
accordance with the laws of' the State of' California and the
ordinances and laws of the said City of Vernon, for the
purpose of acquiring, constructing and completing a
certain municipal improvement, namely, a building f'or
municipal purposes, to-wit: a f'ire engine station house,
including the acquisition of furnishings therefor and fire
apparatus for the prevention and extinguishment of fires.
That such bonds shall be one hundred (100) in number and
shall be designated "Fire Engine Station House Bonds, Election
194611; said bonds to be issued in the denomination of One
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Bonds numbers 67 to 69 Inclusive on October 1, 1974;
Bonds numbers 70 to 72 Inclusive on October 1, 1975;
Bonds numbers 73 to 75 Inclusive on n 1, 1976;
Bonds numbers 76 to 78 Inclusive on II 1, 1977;
Bonds numbers 79 to 81 Inclusive on n 1, 1978;
Bonds numbers 82 to 84 Inclusive on II 1, 1979;
Bonds numbers 85 to 87 Inclusive on " 1, 1980;
Bonds numbers 88 to 90 Inclusive on n 1, 1981;
Bonds numbers 91 to 93 Inclusive on II 1, 1982;
Bonds numbers 94 to 96 Inclusive on II 1, 1983;
Bonds numbers 97 to 100 Inclusive on II 1, 1984;
And said bonds shall be substantially in the
following form, to-wit:
NO.
UNITED STATES OF J~1ERICA,
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES
CITY OF VERNON
FIRE ENGINE STATION HOUSE BOND, ELECTION 19L~.
VERNON, CALIFORltiA,
October 1, 1951.
On the f'irst day of October (year of maturity) the
City of Vernon will pay to the bearer at the off'ice of the
City Treasurer of the City of Vernon, in the City of Vernon,
state of California, or, at the option of the holder hereof',
at the banking house of the National City Bank, in the City
of New York, State of' New York, the sum of One Thousand Dollars
with interest thereon at the rate of
( ) per cent
per annum, payable semi-annually, on the first day of October,
and the first day of April, of each year, at the office of the
City Treasurer of the City of Vernon, in Vernon, State of
California, or, at the option of the holder hereof', at the
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banking house of the National City Bank, in the City of
New York, State of New York, upon the presentation and surrender
of' the interest coupons hereto attached. Principal and
interest payable in lawful money of the United States of
America.
This bond is issued in pursuance of the provisions of
an Act of the Legislature of the State of' Calif'ornia entitled
"An Act Authorizing the Incurring of Indebtedness by Cities,
Towns and Nunicipal Corporations for l1unicipal Improvements,
and Regulating the Acquisition, Construction or Completion
thereofll which beca..."ne a law February 25, 1901, and all Acts,
or parts of Acts amendatory thereof or supplementary thereto,
including the Government Code as amended.
It is further certified that all requirements of' the
Constitution and laws of the State of California and of' all
Ordinances of the said City of Vernon, have been ~ully complied
with by the proper officers in the issuing of this bond; that
this issue of' bonds has been authorized by the vote of two-
thirds of the duly qualif'ied electors of said city voting on
the question of such issue at a special election duly and
regularly called and held in said city on the 30th day of'
July, 1946, and that the total amount of this issue, together
with all other indebtedness of said city, does not exceed the
limit prescribed by the Constitution and laws of the State of
California; that before or at the time of incurring the indebt-
edness evidenced hereby provision has been made f'or the
collection of an annual tax sufficient to pay the interest on
such indebtedness as it falls due and also provision to consti-
tute a sinking f'und for the payment of the principal thereof
on or before maturity.
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IN WITNESS WHEREOF, the said City of' Vernon has
caused this bond to be signed by the Executive of' the said
municipality, to-wit: The Mayor of said City, and also by the
Treasurer of' said City, and to be countersigned by the Clerk
of' said City, and the corporate seal of said city to be hereto
af'fixed and the said City has also caused the coupons hereto
attached to be numbered consecutively and signed by the
Treasurer of said City of' Vernon.
Mayor of' the City of Vernon,
California.
Treasurer of the City of'
Vernon, California.
Countersigned:
City Clerk of' the City of
Vernon, California.
That interest coupons shall be attached to each of
said bonds representing each installment of' interest to accrue
on said bonds up to the maturity thereof, which said interest
coupons shall be substantially in the following form, to-wit:
No.
On the first day of (month of maturity) A. D. (year
of maturity) the City of Vernon, California, promises to pay to
the bearer, at the office of the Treasurer of the City of
Vernon, in said City of' Vernon, State of California, or at the
option of the holder hereof, at the banking house of the National
City Bank, in the City of New York, State of New York, the sum
of (amount of' interest) Dollars, in lawful money of the United
States of America, the semi-annual interest due on Fire Engine
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Station House Bond, Election 1946, No. (number of bond to which
coupon is attached).
Treasurer of the City of Vernon.
Section 2. That the Mayor of said City, and the
Treasurer of said City are ,hereby authorized and directed to
sign all of said bonds, and the City Clerk of said City is
hereby authorized and directed to countersign said bonds and to
af'fix the corporate seal of said City thereto, and the Treasurer
of said City is hereby authorized and directed to sign the
interest coupons of said bonds and said bonds shall be delivered
by said City Clerk to the said City Treasurer in such amounts
as the City Council of said City may from time to time determine;
and said City Treasurer is hereby authorized and directed to
sign all the interest coupons of said bonds by his lithographed
or engraved signature.
Section 3. That the proceeds of the sale of said
bonds shall be placed in the Treasury of said City to the credit
of a fund to be known as llFire Engine Station House Bonds,
Election 1946, Fundtt, and shall be applied exclusively to the
purpose mentioned in this Ordinance, to-wit: to the purpose of
the acquisition, construction and completion of' a certain
municipal improvement, namely, a building f'or municipal purposes,
to-wit: a f'ire engine station house, including the acquisition
of furnishings therefor and fire apparatus for the prevention and
extinguishment of fires.
Section 4. That for the purpose of securing and
providing for the payment of the principal and interest of' said
bonds, there is hereby created a fund tobe known as "Fire Engine
Station House Bonds, Election 1946, Interest and Sinking Fund";
that all the money which, from time to time, shall be placed in
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said fund shall be and is hereby set apart exclusively for the
purpose of meeting all sums coming due for principal and
interest on all the aforesaid bonds which may be issued under
the proceedings hereinbefore recited. That for the purpose
of paying the principal and interest of said bonds, the City
Council of said City shall, at the time of fixing the general
tax levy, and in the manner for such [;eneral tax levy provided,
levy and collect annually each year until such bonds are paid,
or until there shall be a sum in the Treasury of said City set
apart for that purpose, a tax sufficient to pay the interest on
such bonded indebtedness as it falls due, and also to constitute
a sinking fund for the payment of the principal thereof' on or
before maturity. Said tax shall be in addition to all other
taxes levied for municipal purposes, and shall be collected at
the same tL~e and in the same manner as other municipal taxes
are collected, and forthwith, as collected, shall be turned over
to and paid into said "Fire Engine Station House Bonds, Election
1946, Interest and Sinking Fund", and be used for no other
purpose than the payment of said bonds and accruing interest.
Section 5. The City Clerk shall certify to the
passage and adoption of this Ordinance and shall cause the same
to be posted in three pUblic places in the City of Vernon,
to-wit: at the entrance of the City Hall of the City of Vernon,
L~305 Santa Fe Avenue; at the Northwest corner of' 38th Street and
Santa Fe Avenue; and at the Northwest corner of 37th Street and
Santa Fe Avenue, and thereupon and thereafter the same shall
be in full force and effect.
Passed and adopted by the City Council of the City of'
Vernon, California, and approved by
Ib day of ~~, 1951.
ATTEST:
City
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STATE OF CALIFORNIA
COUNTY OF LOS ANGELES SSe
CITY OF' VERNON
I, G. A. Anderson
, City Clerk of' the City of
Vernon, California, do hereby certify that the whole number
of members of the City Council of said City is five (5); that
the foregoing Ordinance, being Ordinance No. 6~7 , was passed
and adopted by the said City Council, approved and signed by
the I1ayor, and attested by the City Clerk of said City, all at
a regular meeting of the said City Council held on the 16th
day of October
, 1951, and that the same was so passed and
adopted by the following vote:
AYES: COUNCIU1EN: Anderson, Furlong,
Mailliard, Poxon, Trowbridge
NOES: COUNCILMEN: None
ABSENT: None
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City Clerk of the City of'
Vernon, Calif'ornia.
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SUPPORTING
DOCUMENTS
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A,Fli'.IDAV:tTOlfPQi.3 ~~Ha
STATE OF' CA11Il'uHNIA )
C mmTY OF' LO..: AHGI~l,I~ :
C11::.[ OJl VERlJOfl )
I, G. A. Anderson, City Clerk of: the City
ot Vernon, California, doherebjt certif'y that 1: did on the
22nd day of October, 1951, post 3 copies of Ordina.nee No.
...bJ.t. 2. in the tol1o"Ji.11g places to-ldt: At the nOl"thv-les'l:; corner of
38th street UllU Santa Fe Avenue, at the northwest corner of
37th street and Santa Ii'e Avenue, and on the bulletin board
in the entrance to f;he City Hall located at 430, S~'1ta Fe
Avenue, 'flel~:non, California, thOI'S being no nsv;spaper or
general circulation printed and published in the City of
Vernon, Cal:1fornia.
Signed this:!o d.ay Of....~
, 19,1
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Subser1b~d p.pd 5'\>1Orn to before
me this ~(, t/ day Of:'~(f'/ 1951.
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