Imperial Valley press., 1920-04-02

and A 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, and IL both inclusive of Block
| 3 of said City,of 8. FL Centro. included
within the limits OF .,the above describ
ed assessment district is now in use in
the performance of a public function.
| namely, thattof a 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
provmeht,. and the said expense shall
be assessed on the remainder of the
assessment district hereinabove des-
cribed without regard TO the above
omitted piece CT parcel of land.
Section III The. Board of Trustees
determines that serial bonds shall be
issued to represent assessments of
3-5.UU OF over luI lIl' CpSt VI SdIi WOlh
or Improvement remaining unpaid; said
serial bonds shah 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 seiniannuallr
by coupon the second days of January |
and July respectively of each year at
the rate of per cent per ahnum on all |
sums unpaid until the Whole sum OF
said principal and interest" is paid. |
Said bonds shalr be issued dn accord +
ance with the provisions of: an act of
the Legislature of the State Of Cali [
fornia entitled, AN act, to provide a
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 I
February 25. 1898, and all acts sup.
plementary thereto or aneIidatory
thereof. %" -
Section ". In and by said rosolu-
ton of intention the above described
work was Declared to be of more than
local or ordinary public benefit, and .
said Board of Trustees in sail Reso- t
luton made the expense of said work
or Improvement char geable upon a
district which district is described in
said resolution OF intention in general
terms and is shown by a plat on file in
the office OF the City Engineer, approx
ed by Said Board OF Trustees. which
said plat indicates by a boundary line
shown thereon the extent of the terri
tory to Be included in said assessment
district and which plat governs for ali
details as to the extent of said assess
ment district and to. which resolution
of intention and plat reference is
hereby made for a complete description
Of said assessment district. i
Section ". Said Board of Trustees by,E
said resolution determined that serial
bonds should be issued to represent as,1
scssments of $25.00 or over extending l.
over n period ending nine years fromI
and after the second day of January
next succeeding the date of said bonds
and bearing interest at the rate of
per cent per annum as is specifically
set forth in said resolution Of intention. /
For further particulars reference is
hereby made 10 said resolution of in
lention numbered 1856 and to the War
renite- Bituiithic. license mixture agree
nent Of Warren Brothers Company
lated January .5th, 1920 on file in the !
Mice of the City Clerk of said City off
81 Centre,
Dated this goth day OF March, 1920. Il
w F.. VAN WAY, j.
of Streets of the City
of I'll Centro, California, :