Imperial Valley press., 1920-04-07

and 4 of said City: thence westerly
along the center line of said alleys To
the point of beginning:
Excepting therefrom any portion OF
any public street or alley and any land
being the property of the United States
Government which may be included
within any of the above described
district
1t is also hereby declared that that
piece, or parcel of ground comprising
Lots l to IL both inclusive, of Block
3 Of said City of FL Centre included
within the limits of the above describ
ed assessment district is now in use In
the performance of public function
namely, that of public school, and
and shall be omitted from the assess.
ment hereafter to be made to cover the
costs and expenss of said work or i'm
provment, and the said expense shall
be assessed on the remainder of the
assessment district hereinabovc deS-
cribed without regard to the above
omitted piece Or parcel of land.
| Section III. The Board of Trustees
determines that serial bonds shall be
| issued to represent assessments or
$500 or over for the cost of said work
/ or improvement remaining unpaid; said
serial bonds shall extend over a period
of nine years from and after the second
day of January next succeeding the
date of said bonds and an even annual
proportion of the principal sum thereof
| shall be payable by coupon on the
second day of January every year after
| date until the whole is paid and the
! interest shall be payable semi-annually
by coupon the second days of January
and July respectively of each year at
the rate of Z per cent per annum on all
sums unpaid until the whole sum of
said principal and interest is paid.
Said bonds shall be issued in accord
ance with the provisions of ali act of
the Legislature of the State of Cali
fornia entitled, IAN act to provide
system of street improvement bonds to
represent certain assessments for the
cost of street work and improvements
within municipalities and also for the
) payment of such bonds" approved
February %, 1893. and all acts sup
: Elementary thereto or amendatory
thereof.
Section " In and by said resolu-
ton of intention the above described
: work was declared to be of more than
: local OF ordinary public benefit, and
, said Board of Trustees in said Reso-
luton made the expense of said work
or improvement chargeable upon
, district. which district is described in
said resolution of intention In general
terms and is shown by plat on file in
: the office of the City Engineer, APPROX
: ed by said Board of Trustees, which
said plat indicates by boundary line
shown thereon the extent of the terri
tory to be included in said assessment
: district and which plat governs for all
details as to the extent of said assess
b mcnt district and to which resolution
| of intention and plat reference is
hereby made for complete description
of said assessment district.
l Section ". Said Board of Trustees by
said resolution determined that serial
bonds should be issued to represent as
S sessments of $500 or over extending
1 over a period ending nine years from
$ and after the second day of January
D next succeeding the date of said bonds
c and bearing interest at the rate OF
e per cent per annum as is specifically
d set forth in said resolution of intention.
y For further particulars reference Is
a hereby made to said resolution of in
d tention numbered 1856 and to the War
renite- Bitulthic license mixture agree
+ ment of Warren Brothers Company
y dated January 5th. 1920. on file in the
a office of the City Clerk of said City OF
S Ell Centre.
4 Dated this 10Th day of March, 1920.
e w. e. VAN WAY,
G Superintendent of Streets of the City
g of Eel Centro California.