HomeMy WebLinkAboutCity Council Resolution 422 WJML:KJmh 3-R5-68-15
RESOLUTION NO~ , ~.
A RESOLUTION AWARDING SALE OF BONDS.
WEST VALLEY JOINT JUNIOR COLLEGE DISTRICT
SARATOGA CAMPUS ASSESSMENT DISTRICT
RESOLVED, by the City Council of the City of Saratoga,
California, that
WHEREAS, pursuant to Resolution of Intention No. 396 adopted by
said Council on january 3, 1968, and its Resolution calling for bids
on the sale of bonds pursuant thereto, adopted on February 21, 1968,
notice of said sale has been duly given;
WHEREAS, bids have been received and publicly opened, examined
and declared by the City Clerk and the results thereof reported to
this Council;
NOW, THEREFORE, 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, together with the unpaid assessments
which they represent, be, and they are hereby, ordered sold to
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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 City 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°
B. 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 a meeting thereof
held on the 3rd day of ll April , 196.......8 , by the
following vote of the members thereof:
AYES, and in favor thereof, Councilmen: Glennon, Hartmau, Tyler,
Robbins, Burry
NOES, Counc i linen: none
ABSENT, Councilmen: none
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APPROVE.~M~~