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1~SOLUxYb~1 Nb. 64=11'f
RESOLUTION AND ORDER OF THE BOARD OF SUPERVISORS
OF BUTTE COUNTY' STATE OF CALTFORNTA
( In re Issue of Bonds o~
( Paradise Unified School District
WHEREAS THE GOVERNING BOARD OF Paradise Unified School
District has certified, as required by law, to the Board of •
Supervisors of Butte County, State of California, whose superin-
tendent of schools has jurisdiction over said school district,.
all proceedings had in the premises with reference to the matters
hereinafter recited, and said certified proceedings show, and after
a full examination and investigation said_Board of Supervisors
does hereby find and declare:
That on the 12th day of November, 1963, said governing
board deemed it advisable, and by its• resolution and order of
election duly and regularly gassed and adopted, and entered on
its minutes, on said day, did order the county superintendent of
schools to call an election to be called and held on the 11th day
of February, 1964, in said district, to submit thereat to the
electors of said district the questions:
(3) Whether bonds of said district shall be issued
and sold in the amount of THREE HUNDRED EIGHTY'-FIVE THOUSAND
DOT,LARS 0385,000.00), to run not exceeding twenty-five (25)
years, and to bear interest at a rate not exceeding five per cent
(5/) per annum payable annually for the first year the bonds have
to run and semi-annually thereafter, for the purposes of raising
'money for the following high school purposes:'
(a) The purchasing of school lots.
(b) The building or.purchasing of school
(buildings.
(c) The making of alterations or additions
to the school building or 'buildings other than such as may be
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necessary for current maintenance, operation, or repairs.
(d) The repairing, resto~'ing or rebuilc~7-ng of
`--._ . _ i.. .- - } ! _..~1_ il~, v)_ 1._A~_111..J_1! ~ UJ.
a per •~ch~nnl 1 ,, i l~, -:-, ~ n- lr^-, y-n~rn-. l~.r fi~tn nY (1'~'.~lf?Y
any SeHool li~d~ng damaged, ~nju~red, o~ destlroye by flx'e or other
public calamity.
(e) The supplying of school buildings and
grounds with furniture, equipment or necessary apparatus of a
permanent nature. -
(f} The permanent improvement of the school
~ grounds.
(h} The carrying out the projects and purpose
authorized by Section 15811 of the Education Code to wit; Provid-
ing sewers and drains, adequate to treat and/or dispose of sewage
and drainage on or away from each school property.
(all of which were thereby united to be voted upon as one single
proposition).
i, (2) Whether bonds of said district shall be issued
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Viand sold in the amount of E'OUR HUNDRED NINETY-FIV'E THOUSAND DOLLARS
($495,000.00}, to run not exceeding twenty-five (25} years, and
to bear interest at a rate not exceeding five per cent per annum
payable annually for the first year the 'bonds have to run and
semi-annually thereafter, for the purposes of raising money for
the following elementary school purposes.
(a} The purchasing of ,school lots.
(b} The building or purchasing of school
buildings.
(c} The making of alterations or additions
to the school building or buildings other than such as may be
necessary for current maintenance, operation, or repairs.
(d) The repairing, restoring or rebuilding
of any school building damaged, injured, or destroyed by fire or
other public calamity.
(e) .The supplying of school buildings and
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grounds with furniture, equipment or necessary apparatus of a
permanent nature.
(f) The permanent improvement of the school
grounds.
(h) The carrying out the projects and. purposes
authorized by Section 15811 of the Education Code to wit; Provid-
ing sewers and drains, adequate to treat and/or dispose of sewage
and drainage on or away from each school property.
(all of which were thereby united to be voted upon as one single
proposition).
That said election was called by publication or post-
ing of notice thereof by said county superintendent of schools
as required by law and as set forth in the certificate of the
governing board of said school district heretofore filed with
this board;
That 'said election was held in said district on said
day appointed therefor in said notice thereof, and was in all
respects held and conducted, the returns thereof duly and legally
canvassed, and the result thereof declared, as required by law;
that from said returns said governing board found and confirmed,
and said Board of Supervisors now finds and declares, that:
(1) THREE HUNDRED EIGHTY-FIVE THOUSAND DOLLARS
($385,000.00) of bonds of the Paradise Unified School District
for high school purposes; that there were 4„8.79 votes cast at
said election, and that more than two-thirds thereof, to wit;
:3,,:367 votes were cast in favor of. issuing said bonds and 1,.512
votes and no more were cast against issuing said bonds, and said
governing board caused an entry of the result of the vote on said
Proposition I~7o. 1 to be made on its minutes; that this Board of
Supervisors has received a certified copy of a resolution duly
adopted by the governing board of said district on the 8th day of
June, 1964, prescribing the total amount of bonds to be sold for
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high school purposes, to wit, THREE HUNDRED EIGHTY-FIVE THOUSAND
DOLLARS ($385,000.00}; that all acts, conditions and things require
by aw to be done or performed have een done and performed in
strict conformity with the laws authorizing the issuance of school
bonds; and that the total amount of indebtedness of said district,
including this proposed issue of bonds, is within the limit pre-
scribed by law;
(2) FOUR HUNDRED NINETY-FIVE THOUSAND DOLLARS
($495,000.00) of bonds of the Paradise Unified School District
for elementary school purposes; that there were 4,867 votes cast
at said election, and that more than two-thirds thereof, to wit:
3,314 votes were cast in favor of issuing said bonds and 1,553
votes and no more were-cast. against issuing said bonds, and said
governing board caused an entry of the result of the vote on
said Proposition No. 3 to be made on its minutes; that this Board
of Supervisors has received a certified copy of a resolution duly
adopted by the governing board of said district on the 8th day
of June, 1964, prescribing the total amount of bonds to be sold
for high school purposes, to wit, FOUR HUNDRED NINETY--FIVE THOUSAND
DOLLARS ($495,000.00); that all acts, conditions and things require
by law to be done or performed have been done and performed in
strict conformity with the laws authorizing the issuance of school
bonds; and that the total amount of indebtedness of said district,
including this proposed issue of bonds, is within the limit pre-
scribed by law;
2'hat this Board of Supervisors finds that out of the
proceeds of EIGHT HUNDRED EIGHTY 'THOUSAND DOLLARS ($880,000.00)
of bonds of the Paradise Unified School:..District to be sold, that
THREE HUNDRED EIGHTY-FIVE THOUSAND DOLLARS ($385,000.00) shall
be used for high school purposes and FOUR HUNDRED NINETY-FIVE
THOUSAND DOLLARS ($495,000.00) shall be used for elementary school
purposes.
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IT IS TI~EREE'ORE RESOLVED AND ORDERED that bonds of said
Paradise Unified School District, in Butte County, State of
California, issue in the aggregate sum of EIGHT HUNDRED EIGHTY
THOUSAND DOLLARS ($880,000.00) in denominations of ONE THOUSAND
DOLLARS ($1,000.00); that said bonds shall be dated the 1st day
of November, 1964, and shall be payable in lawful money of the
United States of America, at the office of the county treasurer
of said county, as follows, to wit:
$5,000.00 principal amount of said bonds shall mature
and be payable on November 1st in each of the years 1965 to 1969,
both inclusive;
$10,000.00 principal amount. of said bonds shall mature
and. be payable on November 1st in each. of the years 1970 to 1974,
both inclusive;
$20,000.00 principal amount of said bonds shall mature
and be payable on November 1, 1975;
$45,000.00 principal amount of said bonds shall mature
and be payable on November 1, 1976;
$50,000.00 principal amount of said bonds shall mature
and be payable on November 1st in each of the years 1977 to 1979,
both inclusive;
$60,000.00 principal amount of said bonds shall mature
and be payable on November 1st in each of the years 1980 to 1981,
both. inclusive;
$80,000.00 principal amount of said bonds shall mature
and be payable on November 1, 1982;
$90,000.00 principal amount of said bonds shall mature
and be payable on November 1st in each of the years 1983 to 1985,
both inclusive;
" $40,000.00 principal amount of said bonds shall mature
and be paya]~le on November 1st in each, of the years 1986 to 1988,
both inclusive;
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1 that said bonds bear interest at a rate not to exceed five per
2 cent (5%j per annum, payable in like lawful money at the office
3 of said county treasurer in one installment,` for the first year
4 said bonds have to run, on the 1st day of November, 1965, and
5 thereafter semi-annually on the lst days of November and May of
g each year until said bonds are paid;
7 Said bonds shall be signed by the chairman of said Board
g of Supervisors, and by the treasurer or auditor of said county,
g and shall be countersigned, and the seal of said board placed
10 thereon, by the county clerk of said county or the clerk of the
11 Board of Supervisors or by a deputy of either of such officers,
12 and the coupons o£ said bonds shall be signed by said treasurer
13 or auditor. All such signatures and countersignatures may be
14 printed, lithographed, engraved or otherwise mechanically reproduce ,
15 except that one of said signatures or countersignatures to said
16 bonds shall be manually affixed. Said seal may be printed, engrave ,
17 stamped or otherwise placed in facsimile on said bonds. Said
lg bonds, with said coupons attached thereto, so signed and executed,
lg shall be delivered to said county treasurer for. safe keeping.
20 IT ZS FURTHER ORDERED that said bonds shall be issued
2l substantially in the following form, to wit:
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f'! Number UNITED STATES OF AMERICA - Dollars
f:7
~ STATE OF CALIFORNIA
~tl ----- ---------•-- ••-•--Parad HOO UnOf D dF ...:_
--~• --•- •------------•---------•-.School District
! (~~ ..County..
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' l ,_• ........................PARAD23E UNIFTED ..SCHOOL DISTRICT
~~ of ...........:... .Butte' ..-----..-..County, State of California,
z, adaeowledges itself indebted to and promises to pay to the holder hereof, at the office of the treasurer of said
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i`s; 1st day of.....,.-NOyember -.-, 19.G4:., the principal sum of
~.. county, on the_..__.-•-_-
....--
~, _ -- One Thousand ' ........ .... ...._.-dollars ($..~..,.fJDIl_.0.4j
I`j ;
i;1 in lawful money of the United States of America, with interest thereon in like lawful money at the rate of
jll
1 .»__ ................_..........:.._..........._.....per cent (._.....%) per annum, payable at the office of said treasures on the
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iir .....],;~.:k....days of.......~IpY~mk2Qx:....._-._.._.-and........Maur_....._...._ .................of each year from the date hereof
~~ until this bond is paid (except interest for the first year which is payable in one installment at the end of Such
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This bvnd,is one of a series of bonds of like tenor and date (except for such variation, if any, as may be I ~i~
required to set Forth varying numbers, denominations, interest rates and maturities), numbered from.....].......... ~~~
to.__884»--.-, inclusive, amounting in the aggregate to
,.........Eight...~??1~S~7:ES~..>~i.2.~k]~~'....`~.'~3C2.L1Ss~l~t~.»....,...».......»»»..»....»..._..»......»........»»...»........_.._.dollars
($.B~,Q,,.61A~?..A.A.), and Is authvrlt:cd by a vote of more than twa•thirda of th® voters voting nt an e]ection
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duly and legally called, held and conducted in said district on the ...................].x,1„1],...,..............--...................day of 'i
-„~'e~~;}~axy._---._ ............................, 19..~Ek, and is issued and sold by the board of supervisors of ~iI
•...•-.-.•._-• Butt ~ ...................................................County, State of California, pursuant to and in strict conformity t~
with the provisions of the Constitution and laws of said State. !
And said board of supervisors hereby certifies and declares that the total amount of indebtedness of said i~I
district, including this issue of bonds, is within the limit provided by law, that all acts, conditions and things ;{
required by law to be done or performed precedent to and in the issuance of said bonds have been done and
performed in strict conformity with the laws authorizing the issuance of school bonds, that this bond and the
interest coupons attached thereto are in the form prescribed by order of said board of sugervisors duly made ~~
and entered on its minutes and shall be payable out of the interest and sinking fund of said district, and the money iE~
;;for the redemption of said,bonds and the payment of interest thereon shall be raised by taxation upon the tax- ~~
'able property of said district. ~~~
IN Wlxxess WssasoF said board of supervisors has caused this bond to be signed by its chairman and ~ i~ ',
by the auditor of said county, and to be countersigned by the county clerk, and the seal of said board to be ~f€~
placed hereon, the......lst.........day of ....................._NQvemb~X.....................................-..----------..., 19-f~~.-. f ~~.
[srnl.J ~ ~€~
Chairman of Board of Supervisors iE~
ICI COVNTERSIGNED:
County Auditor ~~
i;
..............».........._....._....._._»............_----...................»........ it
County Clerk -;
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Ir IS FvxxsEx OanaxEn that to each of said bonds shall be attached interest rnugons substantially in the ~9!
following form, to wit: ~~
Cou on No .................: ~~~
The Treasurer of ~. ,_ .: P ~S
.Butte „;„-,,, --,.:.......County, State of California, . ~~ I
will pay to the holder hereof out of the
interest and sinking fund of the
Paradise,,,TJnfe,~,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,School District 'l~
in said County, on the-.........._~,~t...._._._ :...................................day of .._»._............»., 19..:.::: - ~~ E
--.... i
.... ~
at his office in......9rovl.lg ...............•----....., in said County, the sum $_.....»........__............... ~ t~~ ',
4
shown hereon; being interest then due on Sond =' No ...._. ...... ~~
of said District,
dated ........................................... 19......... ~ .
County`Auditor i ~~
t
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Ix-Is Fuxxxsx Oxnaxan that the money For the redemption of said bonds and payment of the interest i
thereon shall be raised by taxation upon all taxable property in said district and provision shall be made for the
levy and collection of such taxes in the manner provided by law,
IT Is Fvaxaza Oxnz~n that the clerk of said board of supervisors shall cause a notice of the sale of said I tj
.. i
bonds to he published at ]east two weeks in...........~a~~41.7.5~..-1<'.S?.s.~....._.........._...._»..a newspaper of general
li
- circulation, printed and published in said County of_ .................F37.1~~~-•--°..-................................._....................., ~ ~_
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and therein advertise for bids for said bonds and state that said board of supervisors will up to._T.]7.eSd~.y.... i33
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the._....,~9G~._..day of._...:.....:..Qctober,,,,~,_..-_...; 19~~..., at......l.l.._....._.o clock ......,~.... m., of said day, I~
receive sealed proposals for the purchase of said bonds, or any portion thereof, for cash, at not less than par ~~~
and accrued interest, and that s}a}id board reserves the right to reject any and al11l bids for said bonds I
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IT IS FURTHER ORDERED that out of the proceeds of Eight
T~iiiad~ed`.Eighty Thousand ($880,000) Dollars of Bonds of the
Paradise Unified School District td he snlc~, that. Three Huk~r~rec~
Eighty-Five Thousand ($385,000) Dollars shall be used for High
School purposes and Four Hundred Ninety-Five Thousand {$495,000}
Dollars shall be used for Elementary. School purposes.
ii
The foregoing resolution and order was passed and
adopted by the Board of Supervisors of Butte County, State of
California, at a regular meeting thereof held on the 29th day
of September, 1964, by the following vote, to wit;
AYES; Supervisors Alldredge, Giles, Pryde, Steinegger
and Chairman McKillop
NOES. None
ABSENT: None
G4'TTNESS my hand and seal of said Board of Supervisors
this 29th day of September 1964.
I
~ JESSIE RpGERS
' County Clerk and ex-officio Clerk
of the Board of Supervirso_rs
Deputy
(SEAL)