HomeMy WebLinkAbout689 - Acquisition & Improvement District 16
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-Mn THOMPSON
Al OPN£Y RT LAW
SANTA ANA. CALIF.
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IN THE UTTER OF ACgUISITION AND IMPROVEMENT
DISTRICT N0, 1 Oy THE CITY OF EEwPO9T.BEAOH
�000...,... /�C�ZOy 9*. �' o /.
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RESOLUTION FIXING TIME FOR HEARING UPON PRO-
POSED ISSUANCE OF BONDS TO OBTAIN INBEDIATE
POSSESSION,
WHEREAS, in a resolution adopted by the City Council
of the City of Newport Beach, on the 20th day of October, 1930,
in the Natter of Acquisition and Improvement District No. 1 of
the City of Newport Beaoh, the acquisition of_lande for the
purpose of widening and /or extending and /or opening and /or
acquiring of that certain alley or street known as Seashore Drive
be made, to -wit: The widening of Seashore Drive between 36th
Street and 37th Street by the acquisition of. a strip of land
20 feet wide, on the northerly side of said street, and the
extending of said Seashore Drive from 37th Street to 56th Street
in said City, and the opening of Seashore Drive and the acquiring
of a 20 foot strip of land therefor extending from 37th Street
to 56th Street in said City, and the widening of Seashore Drive
between 560h Street and Orange Avenue, by the acquisition of a
strip of land 20 feet wide on the northerly side of.said street,
and the widening of Seashore Drive between Orange Avenue and the
westerly boundary line of said city by the acquisition of a strip
of land 10 feet wide on the morther'!y side of said street, as
proposed in the Resolution of Intention in the above entitled
matter, adopted on the 15th day of September, 1930, was Ordered,
and the City Attorney of the City of Newport Beaoh was ordered
to bring an action for the condemnation of the property necessary
therefor, and to report to this City Counoil, the amounts of
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-Mn THOMPSON
Al OPN£Y RT LAW
SANTA ANA. CALIF.
"i
IN THE UTTER OF ACgUISITION AND IMPROVEMENT
DISTRICT N0, 1 Oy THE CITY OF EEwPO9T.BEAOH
�000...,... /�C�ZOy 9*. �' o /.
V
RESOLUTION FIXING TIME FOR HEARING UPON PRO-
POSED ISSUANCE OF BONDS TO OBTAIN INBEDIATE
POSSESSION,
WHEREAS, in a resolution adopted by the City Council
of the City of Newport Beach, on the 20th day of October, 1930,
in the Natter of Acquisition and Improvement District No. 1 of
the City of Newport Beaoh, the acquisition of_lande for the
purpose of widening and /or extending and /or opening and /or
acquiring of that certain alley or street known as Seashore Drive
be made, to -wit: The widening of Seashore Drive between 36th
Street and 37th Street by the acquisition of. a strip of land
20 feet wide, on the northerly side of said street, and the
extending of said Seashore Drive from 37th Street to 56th Street
in said City, and the opening of Seashore Drive and the acquiring
of a 20 foot strip of land therefor extending from 37th Street
to 56th Street in said City, and the widening of Seashore Drive
between 560h Street and Orange Avenue, by the acquisition of a
strip of land 20 feet wide on the northerly side of.said street,
and the widening of Seashore Drive between Orange Avenue and the
westerly boundary line of said city by the acquisition of a strip
of land 10 feet wide on the morther'!y side of said street, as
proposed in the Resolution of Intention in the above entitled
matter, adopted on the 15th day of September, 1930, was Ordered,
and the City Attorney of the City of Newport Beaoh was ordered
to bring an action for the condemnation of the property necessary
therefor, and to report to this City Counoil, the amounts of
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_-. ` THOMPSON
ATTORNEY AT LAW
SANTA ANA, CALIF.
C= c
money required for the purpose of obtaining immediate possession
and use of the property so sought to be acquired; and
REAS, the said City Attorney has reported to this
City Council that an action in eminent domain has been filed in
the Superior Court of the State of California., in and for the
County of Orange, said action being entitled, "City of Newport
Beach, a Municipal Corporation of the Sixth Class, Plaintiff, vs.
Pacific Electrio Railway Company, formerly Los Angeles Inter.
Urban Railway Company, a Corporation, et al, Defendants, being
Superior Court case No. 28144, and that proof was presented to
said Court of the amounts of money required to secure immediate'
possession of the land sought to be condemned, and that said
Court made an order direoting the deposit of money to secure
payment of compensation to defendants in said action, and
that the total amount required for said deposit in court, in
order to obtain immediate possession of said property as set
forth in said order of court, is the sum of 0_26,782,00 : and
NREPEAB, it is the intention of this City Council
to order that bonds of said District be issued and sold for the
purpose of obtaining the necessary money to deposit in court in
order to secure said immediate possession and use of said
property;
NOW, THEREFORE, BE IT RESOLVED by the City Council
of the City of Newport Beach as follows, to -wit:
1. That Monday, the j„5+.h day of June, 1931,
at the hour of 7:30 o'olock $. M. is the time, and the Chambers
of the City Council of the City of Newport Beaoh, in the City
Hall of said City, in the City of Newport Beach, is the place
hereby fixed for a• hearing upon.the issuance of bonds against
the lands in the assessment district in Acquisition and Improve.
ment Dietriot No. 1 of the City of Newport Beach, for the purpose
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^ T14OMPSON
ATTORNEY AT LAW
CALIF.
L
of obtaining the amounts required by t}ie court, to -grit, amounts
totaling the sum of $26,782.00, in order that immediate possession
and use of the public ways. sought to be acquired under the pro-
ceedings in the above entitled. matter may be had, and for the
purpose of furnishing an opportunity to all persons owning lands
within the said assessment district, or otherwise interested, and
feeling. aggrieved by any act or determination done or made in the
said prooeeding or claiming that any of the previous acts,
determinations or proo9edings are irregular, defective, erroneous
or faulty, or having any objections to offer or any reason to
advance why bonds should not be issued In the amount above set
forth, for the purposesebove set forth, to appear before this
City Council and be,heard upon any of the above mentioned matters.
proposed
Said bonds, so.to be issued in the sum of $25,782.00, will be
issued under and in pursuance of the provisions of the "Aequisiti
and Improvement Act, of 1.926" , and shall bear interest at the rate
of seven per cent per annum, payable semi - annually, and the
aggregate principal of all bonds issued shall be paid and
discharged within fifteen (15) years after the date of issuance,
approximately one - thirteenth (1/13th) part of such aggregate
principal to be paid annually; all in'gol,d coin. (The first
payment on the aggregate principal of the bonds will be made
three (3) ye X.S after the issuance thereof. . A special, . fvnd
for the payment of said bonds will be constituted by the levy
of- special assessment taxes upon the lands within the assessment
district, according to the assessed value of said lands, Qexolu
of the improvements thereon) as finally- determined by this City
Council upon the 15th.day of September, 1930, and as more fully
set forth in the Resolution of Intention in the above entitled
matter adopted by said City Council on the 15th day of September,
1930.
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1 f 91 Qhe Cleric of this pity Council shall prepare and
2 sign a.notice of the above.,meitAoned hearing and shall cause the
3 same to be published by at least two insertions in the newspaper
4'. designated in said Resolution of Intention, and a copy of said
5 notice tribe posted and kept posted „for at least two days on or
6 near the chamber door of this City.Qoumil.
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8 I hereby certify that the foregoing.resolution was
s adopted by the City. Council of the. pity of New{ort Beach, at a
J0 I regular. meeting held on the lot day of June, 1931, by the
11 following vote of the members thereof:
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city' Clerk of 1
Beach
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__....^ THOMPSON
ATTORNEY AT LAW
SANTA ANA. CALIF.
NOES, pOUNOILUN:
ABSENT, COUNCILMEN:
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