HomeMy WebLinkAboutCity Council Resolution 215 WHJM:JS :1~ 11/17/64 8c
RESOLUTION NO. 215
A RESOLUTION AWARDING SALE OF BONDS
CHESTER AVENUE IMPROVEMENT PROJECT
RESOLVED, by the City Council of the City of Saratoga,
California, that
WHEREAS, pursuant to Resolution of Intention No. 185,
adopted by said Council on May 6, 1964, and its Resolution calling
for bids on the sale of bonds pursuant thereto, adopted on
November 18, 1964, notice of said sale has been duly given;
WHEREAS~ this is the time and place fixed therein for
receiving bids for the purchase of said bonds, and said bids have
been received and publicly opened, examined and declared by this
Council;
NOW, THEREERE, IT IS ORDERED, as follows:
1. That all written bids received for the purchase of
said bonds, excepting the bid herein stated, be, and they are
hereby, rejected, and that said bonds be, and they are hereby',
ordered sold to First California Company
as the highest responsible bidder therefor, said sale to be
subject to all of the terms and conditions set forth in the Notice
of Sale of said bonds and in said accepted bid.
2. That the Treasurer be, and he is hereby, directed to
have said bonds printed forthwith, and that the same be immediately
signed, sealed and delivered to said bidder on receipt of the
amount therefor and upon the performance of the conditions contain-
ed in said written offer.
3. That the interest rate of said bonds be, and the same
is hereby, fixed at the rate stated in said bid.
I hereby certify that the foregoing is a full~ true and
correct copy of Resolution duly passed and adopted by the City
Council of the City of Saratoga, California, at s meeting thereof
held on the 2nd day of December , 196 4__ ~ by the following
vote of the members thereof:
AYES~ and in favor thereof, Councilmen:
Glennon, Hartm~n, Drake, Tyler, Burry
NOES, Councilmen: None
ABSENT, Councilmen: None
City Clerk of the C
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