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1208
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Last modified
1/8/2016 3:15:26 PM
Creation date
1/8/2016 3:13:31 PM
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Resolutions
Number
1208
Date
1979-06-20
Description
Determining Unpaid Assessments and Providing for Issuance of Bonds - Sewer Assessment District No. 9
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amount thereof is $113,0 .00 , and that for:,a particulardescription <br /> of the lots or parcels of ,land bearing the respective assessment <br /> numbers set forth in said list, reference is hereby made to':, the <br /> assessment:. and to the diagram recorded in the officeof the <br /> Superintendent of Streets Of this City after confirmation by this <br /> Council, <br /> 2. Issuance ,of Bonds. Bonds in the aggregate principal ,{ <br /> amount of <br /> $1l3aX <br /> 6.00 shall be issued as hereinafterProvided upon <br /> u on <br /> the, security of saidunpaid assessments in ; accordance with the <br /> provisions of the Improvement Bond Act of 1915, Division. 10 of the <br /> Streets and , Highways Code (the "Bond Law") , and under and pursuant <br /> to the p • <br /> rovisions of said Resolution of Intention and the <br /> proceedings thereunder duly had and taken. The bonds authorized. <br /> herein (the "Bonds" and sometimes the "Bond") shall be known as <br /> "Improvement Bonds, City of the Town of Los Altos Hills, Sewer <br /> Assessment District No. 9 , Series S.A.D. 9" , be dated July 2, 1979, <br /> be issuable . as coupon bonds, registrable as to principal and. <br /> interest, be numbered, of the denominations and mature in the <br /> amounts <br /> and oh the dates set forth in Exhibit "B" attached hereto <br /> and by this reference made a part hereof. In the event this `Council_. <br /> determines :to be the purchaser for the account of the City of all. of <br /> the Bonds herein authorized, a single fully registered bond <br /> representing all of the Bonds may be issued at the time of the <br /> initial delivery of and payment for the Bonds, to mature in <br /> installments in the principal amounts and on the dates ;setforth in <br /> said Exhibit.. "B". ' <br /> -2- <br />
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