Imperial Valley press., 1939-04-10
illegal ADVERTISEMENT
NOTICE OF TIME AND PLACE
OF HEARING BY THE BOARD
OF DIRECTORS OF IMPERIAL
IRRIGATION DISTRICT ON
PLAN OF COMPOSITION OF
INDEBTEDNESS


PLAN OF COMPOSITION OF
INDEBTEDNESS
WHEREAS, Imperial Irrigation
District on the 18th day of Decem-
ber. 1882, adopted a resolution set
ting forth a plan for the refund
ing of S14,250,000 principal amount
of the unmatured bonds of SAID
District then outstanding (herein
called "Plan cf 1929, which plan
contemplates the issuance of re-
funding bonds payable by special
assessment taxes or special assess
ments or re-asseSSmentS which
will constitute liens upon the real
property in said District, and as a
part of said Plan of 1892 on June
8, 1884, said Imperial Irrigation
District adopted a plan for the
payment and retirement of out
standing registered warrants OF the
District issued and registered prior
to January l, 1888 (herein called
the Warrant Retirement Plan~,
and thereafter on February Z, 1889
adopted a resolution setting forth
the modification of said Plan OF
1882 and Warrant Retirement plan
and re-adopted each of said plans,
as modified, as a Plan of Compost
ton (herein called Modification
of Refunding Plan dated January
/, 1899; and
WHEREAS, said District intends
to and will petition the United States
District Court having jurisdiction
In the premises TO confirm said
plan of composition and said Dis
trict intends to adopt a resolution
consenting to the plan of compost
ton set forth and referred to In
any final decree or order of the
United States District Court con-
firming such plan of composition,
NOW, THEREFORE,, BE 1T RE-
SOLVED, by the Board of Direc-
tors of Imperial Irrigation District,
as follows:
/. Imperial Irrigation District
hereby gives notice Of its inten-
ton to adopt resolution con-
sentine to and confirming and
approving the plan of composition
hereinabove recited, and the issu-
ance of refunding bonds there
under, payable by special assess
ment taxes, or special assessments,
or re-assessments which will con-
stitute liens upon the real property
in the District, in the amounts and
in the manner and subject to the
conditions set forth in said plan OF
composition.
2. Notice is hereby given that
Tuesday, the 18th day of April, 1888,
at the hour of ten o'clock AM. of
said day is hereby fixed as the
time, and the office of the Board
of Directors of Imperial Irriga-
ton District, Masonic Building,
Sixth and State Streets, City of El
Centre, County of Imperial, State
of California, is hereby fixed as
the place, when and where all per-
sons interested in such special as
sessments, or re-aSSessments or
special assessment taxes will be
heard by said Imperial Irrigation
District.
3. That such notice shall be CIV
en- by publication Of copy of this
resolution in Imperial Valley Press,
newspaper of general circulation
printed End published in said Dis
trict, for period of three CD days,
the first of which publications shall
be at least three 90 days prior
to the date fixed for said hearing,
and by posting a copy of this reso-
! luton in three 90 public places in
Imperial Irrigation District, which
notice shall be posted at least three
CD days prior to the time of said
b hearing, and that such copy of
this resoluti n so published ant