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APPENDIX A m^ MMJ 147
Subd. (2). Each issue of refunding bonds issued pursuant to this Section 146
shall conform to the following requirements:
Cause (i)—such bonds shall be serial bonds or sinking fund bonds, or a combination of serial and sinking fund bonds;
Clause (ii)—provision shall be made for the retirement of such bonds through
payments on principal as follows:
(x) If the order authorizing the issuance of such bonds pursuant to subdivision
(1) of subsection (e) of this Section 146 be not made subject to the disapproval of
the Mayor and Council, then such payments shall be at such times and in such
amounts that at no time shall the amount of principal remaining outstanding be
greater than if the payments on such refunding issue had been proportional to the
payments on principal prescribed for the bonds to be refunded thereby;
(y) If such order be made subject to the disapproval of the Mayor and Council,
then payments may be as prescribed in (x) above, or annual payments shall be provided which shall begin not later than the date of the annual payment next due upon
the bonds to be refunded and end not more than forty years after the date of the incurring of the original indebtedness, and the amount of such annual payments shall
be such that no such annual payment shall be less than 50% of any subsequent annual payments;
(z) If the proposition of issuing such refunding bonds shall have been assented
to by the voters, then the times and amounts of payments may be such as shall be
within the terms of such assent
Subsec. (h). Powers of Board.
Subd. (1). The Board of Harbor Commissioners shall have power to determine
all the terms and conditions of the issuance and sale of bonds pursuant to this Section 146, excepting only as such power is limited by express provisions of said section.
Subd. (2). Without limiting in any way the generality of such power, the Board
of Harbor Commissioners is expressly authorized, in its discretion, to provide, in
connection with any issue of such bonds:
Cause (i)—for such bonds being in such amounts, of such denominations, payable at such times, and in such form as the Board may determine;
Cause (ii)—for such bonds being negotiable or non-negotiable;
Cause (iii)—for such bonds and the interest thereon, and premiums, if any, due
upon the redemption of any thereof, being payable or collectible at any place or
places, within or without the State of California, and without such presentation and
approval of demands as is elsewhere in this charter provided for with respect to other
claims against the city, the Board of Harbor Commissioners or the Harbor Department;
Cause (iv)—for such bonds being payable to bearer or only to the registered
holder, either as to principal alone, or as to both principal and interest; for such
bonds being with or without coupons; for such bonds being non-registerable, or reg-
isterable, either as to principal alone, or as to both principal and interest; for such
bonds being exchangeable or nonexchangeable, convertible or nonconvertible; and
for the reissuance of bonds or coupons which have been surrendered and preserved,
or for the issuance of new bonds or coupons in the place of bonds or coupons which
have been surrendered and cancelled, wherever appropriate as incident to the discharge of any bond from registration, or to any exchange or conversion of any
bond; all on such terms and conditions, and at such place or places, within or without the State of California, as the Board may determine;
Clause (v)—for such bonds being redeemable, either at the option of the Harbor Department or in the operation of any sinking fund provided for the issue, at
Object Description
| Title | City government for the future, 1969-07 |
| Description | Section 2: City government for the future: report of the Los Angeles City Charter Commission. Los Angeles, California: Los Angeles City Hall, 1969 July. PART OF A SERIES: A critical component of the Commission's investigation centered on the idea that governance of the LAPD was shared between the Office of the Chief of Police, an administrative body, and the Board of Police Commissioners, a citizen body. To better understand the dynamic between these two entities, the staff of Heller, Ehrman, White, & McAuliffe researched the history of the Los Angeles City Charter, focusing primarily on its provisions regarding the distribution of power and the structure and organization of the LAPD. Included in the series are reproductions of reports, dissertations, article clippings, excerpts from city documents, and charter amendments related to the charter's conception and development over time. The series also includes several summaries of expert witness interviews regarding the effectiveness of this structure. |
| Coverage date | 1809; 1850/1974; 1984 |
| Publisher (of the original version) | Los Angeles City Hall |
| Place of publication (of the original version) | Los Angeles, California, USA |
| Publisher (of the digital version) | University of Southern California |
| Date issued | 1969-07 |
| Type | texts |
| Format | 253 p. |
| Format (aat) | reports |
| Format (imt) | application/pdf |
| Language | English |
| Contributing entity | University of Southern California |
| Part of collection | Independent Commission on the Los Angeles Police Department, 1991 |
| Series | Heller, Ehrman, White & McAuliffe |
| File | Los Angeles City document index |
| Box and folder | box 21, folder 7, item 3 |
| Provenance | The collection was given to the University of Southern California on July 31, 1991. |
| Rights | This work is licensed under a Creative Commons Attribution 4.0 International License. https://creativecommons.org/licenses/by/4.0/ All requests for permission to publish or quote from manuscripts must be submitted in writing to the Manuscripts Librarian. Permission for publication is given on behalf of Special Collections as the owner of the physical items and is not intended to include or imply permission of the copyright holder, which must also be obtained. |
| Physical access | Contact: Special Collections, Doheny Memorial Library, Libraries, University of Southern California, Los Angeles, CA 90089-0189; specol@dots.usc.edu |
| Repository name | USC Libraries Special Collections |
| Repository address | Doheny Memorial Library, Los Angeles, CA 90089-0189 |
| Repository email | specol@dots.usc.edu |
| Filename | indep-box21-07-03 |
Description
| Title | City government for the future, p. 160 |
| Format (imt) | image/tiff |
| Physical access | Contact: Special Collections, Doheny Memorial Library, Libraries, University of Southern California, Los Angeles, CA 90089-0189; specol@dots.usc.edu |
| Full text | APPENDIX A m^ MMJ 147 Subd. (2). Each issue of refunding bonds issued pursuant to this Section 146 shall conform to the following requirements: Cause (i)—such bonds shall be serial bonds or sinking fund bonds, or a combination of serial and sinking fund bonds; Clause (ii)—provision shall be made for the retirement of such bonds through payments on principal as follows: (x) If the order authorizing the issuance of such bonds pursuant to subdivision (1) of subsection (e) of this Section 146 be not made subject to the disapproval of the Mayor and Council, then such payments shall be at such times and in such amounts that at no time shall the amount of principal remaining outstanding be greater than if the payments on such refunding issue had been proportional to the payments on principal prescribed for the bonds to be refunded thereby; (y) If such order be made subject to the disapproval of the Mayor and Council, then payments may be as prescribed in (x) above, or annual payments shall be provided which shall begin not later than the date of the annual payment next due upon the bonds to be refunded and end not more than forty years after the date of the incurring of the original indebtedness, and the amount of such annual payments shall be such that no such annual payment shall be less than 50% of any subsequent annual payments; (z) If the proposition of issuing such refunding bonds shall have been assented to by the voters, then the times and amounts of payments may be such as shall be within the terms of such assent Subsec. (h). Powers of Board. Subd. (1). The Board of Harbor Commissioners shall have power to determine all the terms and conditions of the issuance and sale of bonds pursuant to this Section 146, excepting only as such power is limited by express provisions of said section. Subd. (2). Without limiting in any way the generality of such power, the Board of Harbor Commissioners is expressly authorized, in its discretion, to provide, in connection with any issue of such bonds: Cause (i)—for such bonds being in such amounts, of such denominations, payable at such times, and in such form as the Board may determine; Cause (ii)—for such bonds being negotiable or non-negotiable; Cause (iii)—for such bonds and the interest thereon, and premiums, if any, due upon the redemption of any thereof, being payable or collectible at any place or places, within or without the State of California, and without such presentation and approval of demands as is elsewhere in this charter provided for with respect to other claims against the city, the Board of Harbor Commissioners or the Harbor Department; Cause (iv)—for such bonds being payable to bearer or only to the registered holder, either as to principal alone, or as to both principal and interest; for such bonds being with or without coupons; for such bonds being non-registerable, or reg- isterable, either as to principal alone, or as to both principal and interest; for such bonds being exchangeable or nonexchangeable, convertible or nonconvertible; and for the reissuance of bonds or coupons which have been surrendered and preserved, or for the issuance of new bonds or coupons in the place of bonds or coupons which have been surrendered and cancelled, wherever appropriate as incident to the discharge of any bond from registration, or to any exchange or conversion of any bond; all on such terms and conditions, and at such place or places, within or without the State of California, as the Board may determine; Clause (v)—for such bonds being redeemable, either at the option of the Harbor Department or in the operation of any sinking fund provided for the issue, at |
| Filename | indep-box21-07-03~160.tif |
| Archival file | Volume68/indep-box21-07-03~160.tif |
