HomeMy WebLinkAboutCity Council Resolution 888-H1767A-83a WMAM:PDA:rva 12/13/78 12c
RESOLUTION NO. 8~8-H
A RESOLUTION AWARDING SALE OF BONDS
VILLAGE PARKING DISTRICT NO 2
ASSESSMENT DISTRICT
RESOLVED, by the City Council of the City of Saratoga,
California, that
WHEREAS, this Council has received a written offer from Stone
& Youngberg to purchase the bonds to be issued to represent the
unpaid assessments in proceedings taken pursuant to Resolution of
Intention No. 888-D , adopted by this Council on January 3, 1979;
NOW, THEREFORE, IT IS ORDERED, as follows:
1. That said bonds be, and they are hereby, ordered sold to
Stone & Youngberg, subject to all of the terms and conditions set
forth in said written offer.
2. That the interest rate of said bonds be, and the same is
hereby, fixed at the rate or rates stated in said written offer.
3. That the City Treasurer is hereby directed to cause said
bonds to be prepared in accordance with proceedings therefor and
that the same be executed and delivered to said purchaser upon
receipt of the purchase price therefor, and upon the performance of
the conditions stated in said written offer.
I hereby certify that the foregoing is a full, true and
correct copy of a 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 January, 1979, by the following vote of the
members thereof:
AYES, and in favor thereof, Councilmen:
Councilmen Kal~ Ma~'teoni, Callon, Kraus& Corr
NOES, Councilmen: None
ABSENT, Councilmen: Nee18
City Clerk o"f the (~EALtf Saratoga
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