Resolution No. 1001
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R~SOtU'JION ~~O. 7/d&~
A n~SOLUTIOI OF THft CITY OF VERNON,
CALIFOI~NIA, A1\Ir~.lff)INO RRSOLUTIOt" NO.
993 OF 'PH!! CITY OF VERNON .ADOPTED
ON 25TH OA Y OF JUI/i. 19SQ. Rg...
LATING TO ISSUANCE; OF THR~E BUB.
DR~:D FIFTY DOLLARS ($350,000)
OF ~ONDS OF CITY 01''' VERNOI S }MER DIS-
TRICT NO. , WHIC:tl BOlms DRSIG-
NAT~n AS "CITY OF 'ERNON 'OISTRlOT
NO. ONr~ BONDS, ELECTION 1939.
WIUi:a~l'.AS, tb. CltlCouncl1 of the 01ty ot Vernon,
Oal1to:M').16, d.lc1on the 2&tb day of' July, 19Z9, luSopt R..olu.....
tlon No. tt$,proY141ag tOl' the l..uane. of three mut41'e4
rlrtytboua-.nd 4011... (~&50,OOO.QO) or bonde or DItTor
Vernon Sewer Dlat%'iet 10. one, wb1ohlxJnd. ..1'. d... gnat.a
... "Clt,. of Vernon Be".r t>l.stl"lot No. One .Bonci.j Eleotlon
1939-. arid
I
WFlmR:BllS, the Intttre. :rate tor s.ld bona. baa not
heretotore beell t 1:x.e4 or det.nUn.d, and
IRBRBA$, 1. tl. now prOpOsed to change the aet.. of'
...1d: bond.e to Mf/lrch 1, 1940. m4 to prcr\fld. tOf' approprlate
Ohang.. regarding tb~ _t\:l.ri ty of ....14 bonds and to fix and
det.~ine the interest rate W'h1ehsald bond. 8n.11 be....t
:NOW. 1ff.imtE!lORE, tbe 01 t,Oouncil ottbe Qlt1 of
Vernon do bereoy l'e.ol'Ve and order .. tol10w.,
S.ctlon1.r '.that Seotlon 1. of..14 It..olutlon. Wo.
i91 of the C1ty of' Vernon adQptea on the 26th 4.,. otJU1;r.
19~9. be and tho lUte 18 hereb;r ...,nd.ed to re.da. tollo.11
"Section 1 t TbatboMl!Il or ..14 City otVR'rlOD
S.wer D1strlct )(0. One, 1n the prIn.oipal au ot 'l:lJ-H HU.n4J1M
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'.l'hatsald bOllda shall beZ6() m ..l'J&randah-.1.1
b.n_\)lt~.d fr_ 1'0 :5$(), both lnclust\'el tbat aald 150
bondsahall b. laaued In the d_om1natton of ODe1J.'bou'.,ul
Dollu..aeb, tbs.t the prll101.a1 anti lntore.t Of said bolla
shall be. parable in 1.._tu1 l101'lq of the Vrd.t.. 8tate. J that
sald bondasha11be d..ignated -CITY OF VERION SSfER'blS1'R.IC'r
10. ORE BOlDS ,lID'4EC!101 lOa'", that.aid bond. ahall ~ dated.
"roh 1, 1940, and ahal1 b..r Int'1"$8' at the rate of taU!'
and .....halt per cent (t__l per annum, ,qab1. l_l...annu1q
on the lIt eta-lOt' :laroh ..nc! Sept_bel" of each and ..e1"f.,.e..r
untl1 said bot1da tlre paidJthat thepr1.nclpal and iatere.t
thereof. .hall be .,a,.ble at the oft1.' of theOltJ'.'ft'$asurltr
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of tb.. City 01 Vernon, Calitornia, amd .a1d bOlla ...11. '"
P8-7able tnth..roll_1ng mann.I', to .It.
Bonda 10.. 1 to 12, both lno1tUJ1.v., on llarO.1, li41J
Bond. Ie... 13 to e4, "th inclu$ive, _~.h 1, 1941)
Bond. loa . 2$ to ~$, both inolus1ve, on Jlar<dl 1, 1.143;
Bonde 10.. 'Ill to 48, both lnel\Ul1 ve, oaM..ol'1 1, 1944,
Bond. loa. 49 to 60. bOth lnolwd.v6, on Marclt 1, 1945;
SOnel8 10.1. 61 to 7a, both ine1ualvl1t ,on~ohl, 19",
.:nd$ 10.." '3 to e., both 1no1u81.e ,_~eh 1, 114' J
Bond. ?loa. 96 to te, both ino1l1,$1.., on .arch 1, lid,
Bonds lot. 97 to 108, both :11'101\1$1ve, CJn Marehl, 1'.',
Bonds loa .109 to 1$0, both 1nolUA1 ve, on Karc.h 1., 1150J
Bond. 10." 121 to 132, bf.Jth in.clulve, on "'rob. 1. lS1;1;
BOndaloa.. l8S tc> 144, bOtblno1utve, . liar. 1, '19il..
Bond. 1'01. 145 to 156. "th incluive, ._"1"011.1, 19$$;
SOnci. IrO$ . 157 to 168, bOthinolu!... ,_~. 1, It14,
Bona. lOCh 1$9 to 180, .thlnc1ulve, _":rcb. 1, 19'1,
Bonda lOll. 181 to 1ft, both lnclusiv., On March. 1., 1916,
8cmda .... II 19' to 294. both il1clualve. cmJluelll, 1$$'7.
IoMS 10$. 206 to a16, "th inol.",.! v., ..Jfaroh 1, 1968.
Botld. 10... 21'1 tol2S, both l.clu.tv., .... laroh 1. l'09.J
8ond."01.. 829 tc> 240, both inclu.s1ve, _~eh 1, li60.
Bond. 10$. 241 to 251, both incluslve, on Marohl, 1961,
Bnd. 108. 262 'be> 112, both tnel"'.1-v4lt,on ...roh 1, 116S,
Bondslloa. 26~ to 275, both lnolulJive, CJn *1"e11 1, 19a;
Bonds 10.. 274 to i84, both In.cluss..ve, oa Maroh 1, 1"4;
80nds No. .285 to 2$5, both lnclualve" on Jla:roh 1* 191$.
Bond. 1'0&. 296 to &01, both lnelurdve,on Jlareh 1, 1,e.,
8Ond. :10.. 5Cf1 to 517 * both lb01u.l ve ,on ...rol'1 1, 1.987 J
Jon4.lo.. 518 to. ass, b<Jthlnelu.1ve, em .rehl, UUJ8;
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Bon4. JOII. 329 'to a3t, bothluelulll.e, onJlarehl, 1t691
Bonds 10.8. a40 to!50, both Inelua:tve, onM.weh 1, 1970.
and llll6d.d bond. $hall o.8ubstantlally 1n tbefollow1ngto,...,
to ',,1t,
'UNIT~m STi~ TF.3 OF AMERIOA
STi\'r'E OF CALIFORNIA
COUNtry LGS ANGE:Lt~S
ern OF VERNON 5E't'tEU DISTRICT HO. on BOJfDS..
ELE;CTIOH 1939
Vl::RN'OI, OALI~'OR.IA
Jiarch 1, 1940.
On the 1st daY' of ..arob .......... <II .. .. . .. (,.ear of _...
tv!t,.) the City of Vernon, Cal1toNt!., w1.11 pal to the be.r...
at the ot't'lc.. of the Clty'h'eaunlrer or lald 01t1 01.' V.t'non, s..
the Clt" of Ve:rnon, state of O.lito",!a, the lUll of One.. Thou...
. and Dollars (.1000.00) with s.nter..ttnereon at tbe r'1t$ of
fO'tU'. andon.....bA1t per cent. (4t~) per __., pa1abl. seat...
annuall,. on tbe tiret dq or Mll:reh and the ft:cllt 4&, .t
September or $a.eb ,.ear a.t the office of' tn.. C1ty Tr.aS\l~.r of
sa1 dOlty, u'l>On thepres&ntatlon and surrender or the intere.'
coupons het"eto stttAched, from the apec1a.lfUJld 11'1. sald Cl~
treasury );#Ovide4 by the IOVJ'ing and coll..blcm ot t..a. ....
thetax.bIe propertr 1n aa1d diltr1ctto .,..., the t.nte1"..t..a
pr1n.elpal of tn.i$ bond.
'1.'n1. bond 18 1..uedl~~.tUU1C.(Jr the_o.,1.1...
of an act or the Legll11a.tureof th. $t.t. or Oallfo1'ftla I .....
as "Munioipal 1...1" '01.t1'10t Act of 1930", .hich bee... a 1....
Pobruarl 2. 1931.
It 1* hereby ".1'"t11'l ed, t~t all req\tlr.enta Of tbill
Conlt1tutlon and la.. of the stat. of Oallforn1. _4 of all
OrcU.1!l81\oO$ Of tile C1tJ of Vernon haY. be. tlll1.7 ___11e4 w11dtl
b7 tbeproper oltloers 1n the 1. .uing of .th.18 b01l4. the. t tld.a
1ssu. of bon48 MI }:uJen au thorlaed bt the vote Or two-thb-d.
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(8/$rda.) or t.1:1.&.1.17 qualltl.d voter. of 8ald dietl-l0'
YQtt1\tg on the question of .ald 1.,.1\1. at an electionhll
and regu1e.rl)' called and held III ...1d dlat:rlct on April
11, 1939.. and thattll. total a.unt of thi. 1_.. 1. wtthlJ).
the 11mitl pre.c:rlbect b,. the Constitutlon Md l*w. of t_
Stateof Olllitorn1a. 1ncludil'l1 .ald........lolpalS...rt>l.trl.'
Act of 193$" J that before .o.r at the t1M ot l.ncurrlng tbe lrI,..
d.btedn....v1d.tl...a h..r.bl ,provlalcm hU be. _de torth.
oolleotl-.or .. .-ual tax. upcm the prOiU~J"t7I.rt ..1(1<11....
trlot$\1f1ftctent to pa, the tnt.re.t 011 $Uch 1nd.bt.dn.,.
.. It tall. due , and a180 for the p8.1Jlent of theprlnclpa2.
thereof on Qr before maturlt)'_
_.lther tn. 01t100r 1ts 01"1'1"1"'8 shall be. Ao14d
to:r the pl"$nt of the principal or int.rest ot tbl.bed..
but th..... ahall be pqable $:01U.81 veIl fr_ tax~alevle4
on the taxable propertyln aatddlatrlct.
Xl 1iITBltSS WH~1WF, theel t7 of 'erncm haa .a..ect
th11 bond to bt atped. bJ lta Ma10r an4 Qltr 'IT..surer, _4
to be eounterslgn~. bJ 1ta 01t,. Clerk, and thet oorpo't"at...al
of 8a1d elt1 to be hereto aft1xe4, and .a:1d 01ty ba. al.o
caused the OCN~ horato att..ched to be 1'lUlllbered eon..ou...
tl".ly and slgned 'bJ' tht
.
Treasurer of the 01t1 of Vern.,
Calif ..
ern_,
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'Phat 1Ilt.re.t coupon. sballbe attached. tot..cl1
of' saId bOnd. represent1~g ..en In.tallment of' later..' to
aoc'M1e on eaoh bond up to the maturity date thereof' .whld
lntere$tooupOM :shall be numbered con..eutlvelyand shall
be tlubsta.nt.1fifllr 1n th& fl)llowlng form, to wlt.
tlO. (Number of Coupon)
On the flr$t (lIt) d.8.1 of
(month of _tur1t7) A .l). (1.ar ot
.aturlt,.) theCltl of V81'J10tl, Cultornla..
prOml$$8 t.o par to the bearer at the o~tloe ot
the 01 ty 'tTe.uNrer of the 01t10t Vernoa.. Oal-
lfornia, lnlaid 01ty', tn. au. f>t
"ct. . > 1n lawful .onf11 of'
the United $tat$1 of' A_r10a,. the ..lD1....armual
lnterest due on 01ty' of '.l'non8..... D1.tr1ct
Ie. One ,Elect1on 1930, lone! 50.
(n'U.U1be.r of bond to which the ooupon 18 at...
tached. ) .. 1J.Ib.1scoupon 18>>.,-.b1. ell;olu.t ..11
1"1-0. tax~" levied upon th$ taxable property fa
sald dlstrlot.
t.r....urer of th$ Clty of ".1'110.,
Calit. ,.
Seotion 2t That the 01t,- 010rk shall certlfy to tl:l$
pa8tuIlge of thIs resolution bytb4lj olt,.eou.nell of theClty ot
Vernon and <aause th$ ssme to be posted bt thl'-ful))u.bllo ,1aoe.
in the City of Ve:mon a.nd llkewl.e in City ot Vernon S...er
Distr let 10 . One.. t';owl t : 8.t the entrance ot the 01 t1 Hall
of the C1ty o:t Vel"non, 430$ gants. F. Avenue, at the Northwest
corn.rot 38th Stre.t..nd~ant.. F. A:venu., and at the Wort...t
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...... ot ,7t. 8tHet .114 Sank Fe A..DUe. fh18 r..olta.-
tloa aba11 take etteot immediatel1.
'I.... aDd adoptea. 01 the' 01t, COUli.oil of the Cat,.
oZ Vernon, Cal1.rornia, and approvea bl the Malor of ..i4
01tl, tlue 17th dal of AUp8t,
AT'lE$'l1
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S'l:A'j,IIi. Ql? CALX;.'c.aia )
COU1f'!'Y 0,;:; WSAi~G~) 83
U11T%' O}f' Vl'.:hllON )
I, 1.'. J. .'\h1.LO~G. 01t.y Clerk ot the 011;J of Vernon,
Ca1i1'ora1a, do ..J'"tl.f'1 tlut the whole m:lm.oer 01 nUlmbera of
the City Counc1l or said Oity 1. five; that the 10r.go186
r..olu.tloll, t:leing re.ol'lltion nw,d>er 1001 ".. pas.ed &114'
L (I
adcpteel 01 the sald u1tl council, approTe4 and sig..4 lit,
'he \4.'07, and atte.te4 07 the Oit7 Cle7k of .1.14 Q1t1. all
at an adJourned. regular ...t:Lng ot the .a1d C1t1 Oouncil
..14 on the 17th da, of Auguat, 19SII, ""Id that the .... ....
8. pa..ed and adopted 0,. tbe following vote.
Ana.
Counol1maA. Peralta, Leonia, Furlong
NOES. OO\l.llOi1aan1 None
ABSDT. OG'Wlollmaxu Levy, Scheider
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STATE 01" CALIFORNIA )
)
County of Los Angeles : SS
)
GI1J:1Y OF VERNON )
I, T. J. FURLONG, City Clerk of the City of
Vernon, do hereby certify that I did on the 17th day of
August, 1939, post three (3) identical copies of Resolu-
tion No. 1001, as adopted by the City Council of said
City on the 17th day of August, 1939, in the following
places, to wit: At the entrance of the City Hall of
the City of Vernon, 4305 Santa Fe Avenue; at the north-
--
west corner of 38th Street and Santa Fe Avenue; at the
northwest corner of 37th Street and Santa Fe Avenue,
all in the City of Vernon Sewer District No. OIle, there
being no nevlspaper of general circulation printed and
published in the City of Ver>non.
Signed this 17th day of August, 1939.
of Vernon,
and sworn to before me
1939.
~
said
My commission expires ~ar. 10, 1941.