HomeMy WebLinkAboutCity Council Resolution 457 WJML:JS:dao 9/23/68 lOc
RESOLUTION NO. .x,57
A RESOLUTION AWARDING SALE OF BONDS
VERDE VISTA IMPROVEMENT PROJECT
RESOLVED, by the City Council of the City of Saratoga, Cali-
fornia, that
WHEREAS, pursuant to Resolution of Intention No. 344, adopted
by said Council on October 19, 1966, and its Resolution calling for
bids on the sale of bonds pursuant thereto, adopted on September 18,
1968, 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:
lo 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
.... S~ern~ B~eSnet a Co.
as the highest responsible bidder therefor, said sale to be subject
to all 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, 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
t
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 ~.a day of n~n~r , 196s , by the following
vote of the members thereof:
AYES, and in favor thereof, Councilmen: Tyler, Dwyer, Smith, Robbins
NOES, Councilmen: None
ABSENT, Councilmen: Sanders
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