HomeMy WebLinkAboutCity Council Resolution 387 WJML:JS:smf 10-25-67 IOC
RESOLUTION NO. 387
A RESOLUTION AWARDING SALE OF BONDS
VILLAGE PARKING DISTRICT N0.1
RESOLVED, by the City Council of the City of Saratoga,
California, that
WHEREAS, pursuant to Resolution of Intention No. 329,
adopted by said Council on May 6, 1966, as subsequently amended,
and its Resolution calling for bids on the sale of bonds pursuant
thereto, adopted on October 18, i96Y, 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, THEREFORE, IT IS ORDERED, as follows:
1. That all written bids received for the purchase of said
bonds, excepting the bid here in stated, be, and the'y are hereby,
rejected, and that said bonds be, and they are hereby, ordered sold
~0 J. B. Hanauer & Company, 9 C1..inton Street, Newa..r..k.,.....N..ew Jersey
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.
2o 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 contained in said written
offer.
3~ That the interest rate of said bonds be, and the same is
hereby, fixed st 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 SaratoEs, California, at a meeting thereof
held on the tst day of November , 196 7 , by the following
vote of the members thereof:
AYES, and in favor thereof, Councilmen~ Glennon, Hartm~n,
Tyler, Robbins, Burry
NOES~ Councilmen: none
ABSENT, Councilmen: none
oga
APPROVED: