HomeMy WebLinkAboutCC Reso No 1933-264
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RESOLUTION NO.
j;< t~ 'I
CITY OF ELSINa~E, CALIFORNIA
WHEREAS, the Council of the City of Elsinore did by
Ordinance No. 219, adopted on the 27th day of February, 1933,
authorize the issuance of D series of Municipal Improvement
Bonds for the purpose of the acquisition, construction and com-
pletion by said City of Elsinore of' a certain municipal improve-
ment, to-wit: the erection and construction of a City Hall
Building for municipal use, which bonds were dated March 15,
1933; and,
WIIEREAS, in Section 2 of said Ordinance it was provided
I
that said indebtedness shall bear interest at a rate of not to
exceed 6}b per annum as might thereafter be fixed by Resolution.
NOVIl TIEREFORE, BE JT RESOLVED: that the said indebted-
ness shall bear interest at the rate of five and one-half per
cent (5~%) per a.nnum, p8Y~Jble semi-annually on the 15th day of
March and 15th day of September of each and every year upon all
sums of principal thereof unpnid nt such dates.
I, C.J. Kalina, the duly elected, qualified and
acting Clerk of the City of Elsinore, California, hereby certify
that the foregoing resolution was duly and regularly introduced
and adopted by the Gouncil of said City at its regular meeting
held on the ,j;?t("'"~ay of ~~ 1933, by the following vote:
Ayes: C9 18 g/1:;V:?~. f<~ '?111~ 0:..C4 0{
e q ~rr e>-r:r
Noes: W-~~~ \J
Absent: .~'Y:I ~f~ ~..7J
Clerk of
7'b ~..- ,,~
ty of' Elsinore
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EB:E
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I hereby approve the foregoing Resolution this ~ day
of I"/J1 ~ 1933.
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[P. ?f. '~-~?~:1
Mayor of the Ci ty Of:~'];lSipre