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ORD 1076
_ .. : .\,, •. -,. ,., r :!:;;~.,1~·-z:>~·.~---) 0 }:. ' -. . . . ", ; .. ,, . •::·;;;.. . . .<·, ; .: ':~ .·~ I. H :··· . ... -~ •• .,., ..... _,~·--·"""~,.;..""'"'""'""'M-o.·--··-..,.:.._,..~..:,~~......; .... ...__ ... ~~1,-·~J.o ....... .....;..._ ..... __ ... __ !1~,1~111 ..... 1 ... ! :1.--: .... ' -~,.-,,. ·; •. .'• -,. ....... _ ~:·' ·,-:· ·.::' .:::- ~ ,, . c <• :'If. ., ~ ,. __ .. ,:- ,., ' ' '. : ~· ·.': ~~-. ··;- ·,_ ~ . ~ . ' ,. '• ' : '1;;.~ I -~ • ·. : ' . J.: . -~"",·•. :i.· ~ •.. ·.·•••· ;. f t .:· . : ..... . '· .. · ·:<t '",· :,·,, l~· ··.·, .. ·~· '. ·' ; !; .. , . . . ··t} : '.II ... . '1' \J ''; .. J~ .... ~ ( . .···~ ·i ' . < ; l . ; . ;• ·lei ' "! '· '{ ' '· ' . . J, •;,: 'i '• '•. ' ' .......... ,~-. '·' . ·; <: ~···.· .-:-..- . .' -~ ,, .;:; ~ .' ·.· '' _,.,,. . ~,. ::. .. ,_ -r~:_ ~. . ; ~~ ·.·· [~".' .~; ' i 1 ,. 'j t . :r.' ' ~ ,·. . (' '_. I ....... , :-:-.\: · .. : :. ~ •• • ••• U. ' ' ~; .,·. : -~ .. , .... "{, '• ., .·' . ' ~ ·'' ~ ., -... :·· ., • • -•. ~ '· • • ,,, • , I _;'~ ·.-:-~·-··, "\ .:-· v,' ; .. ;·:,._ li' ., ' ;i ·I, '• I I 0 R·D· l/B A>~<c>.!:_ ------..... ·""-...., ,£~---·~'' ';; ' .. :· ·. ... ... • ',· •'.· . '! ?LO ·• : ... _ ... .:tQz6. , ; ; ; . : . . • :. . .· , . , · ..•. ,: ,.. . .. . . I ~ )'Bm;.rD,:rnG FOR ~'I~tTAliqE 9F :$6()0;~,()00~•00 ~!liCIPA;L ,.· : A.MO'OJI'l': I'JJ.1 -rim :·Cift· OJ' .PALO Am'O' JIII:ICIPAL DmtOVEJM!.M I ~-: ;(jp ~ 19~·~· :~nliNG··.'fliE. ·JiAa_ A•ID 2!f0RJ~ OF S..~ID· ! • ·~BOlU~St::AliD OF' fHE:;.CQ~,~JS.:_:'ro .BE'· A !'rACHEl>-TiiP!RET'O 1 FD:rm~ I. . ... -~ 'MAXn-ID~tPAft'"'OF' .~ES?.' >O:N' SAID ~0~ ~' .lt!m PR1t~-i 'S':CRIBBG"Tlm MA'l'~IEa T.B:EtlEOF Atfl'RO.RIZiliG THE m:cu-~ ," ~ION· .. ~•.op sAID BOHDS . AID i:6Q:;:.:>OES · 1 PROVIDi1G I~OR. '!'BE ·::C..i::VY I , , . . .. ,. · , . . .. · , ... ,I -.. , , , · I .. , . •.'OV~.A TAX TO PAY, THE:mNCIP.AL::AJm I:E~ THEREOF'! AM> . .. DI!mc.filll NlY.l"ICE OF' SALE :OF: BOimS TO BE GI\7EN~ ( 1 . :;:•.:::· :: , . ·:.:·: . . : •.·. . I .--.o:ft•'-._. ··-: loiDREA3, an· the reqUireme:ri~'~ of l~w. ·ha:ve ·be~n com,P:t1od .. ·• :i . with in eall1n8 a~ ,ho14illg ·:the BJ~~ial: bontl el..ct~on helc!~ bl the City o:r Pa!.o Alto· on the ·2St:tl ida,. or• J'U%le 1 1946, -at 'Wl~ .. c:h ' ele,ctlon :the propositiOD!t to ies'U~t·<bondS. of' s.llid Ctty' .in' 11;l:Le •priJ:?,Ci~ls.um ot $'6oo~·ooo.oo. for. t;he.: object:~ .and pri:ri>.oses i · • · h~rel::oarter e:tated vere suQmitte" :.to· the·. vote~s .or. said C~t1·; ~lid. ~t~?-e~ C'1.ty C~une~ 0~ ~~id C1t:y (did A:u;ly ·~ regularly : : ~;nyaa:~ · th~· .ret.urns ·.of':•sait~l el&ctiron and: c:T1~ &'8 a r·,~ul t <)f such e&J'W&ss :: dete.rmi~tattt:' docl&~e, an~' do ·hereby ,cert:.t!y 1 that;: ;c. _,~a-id pzt-®o8it1o:as:·~ ''~lld."ea.ch or .tb~m .. ,( l~ceived'&t .sa:id ape<:f~:-&1 · bond. eleetiQ::o::!,.:the affirmative· ·vo·t:l:r c:,f. more than tvo~thirdt~ or ~11 0:{-:'the: v;~'ter~ voting o.n said-: :;:>ropf>S:t·:tions ~ res]~ec:tively 1 at sa:t:Cf· el·ect1on·~ al'll3 vere: there·b;y e&.rr:led a~ adopted b;y i · said . elec;t:i.on,· &.t¥5 tll~ ·1:s:nianee O:f'" all Of :15&!(:! bo.tlds bf !Ui:2.d City was dUl:y: alithori'ied.. . ·.· "· ' ~ .',' '.' · ... ' .1' · • DS or thfj. Ctty or Pa1.o Al·~c> S:~ction £; · That ~ll:--·~~tn·., conditions an1 th1I&gs r~ ... quired . by 'la~· to e~ist,' happen ~t::od be, perform~ed·. pre:eed.ent i I to :and in the 'is·SUIUlC~' of· said· b:O:l'lds: he. ve 'exi:s:ted .t happen~ am be.en per-formed •iri due time,. :'ro:rm all.'! m'a~e:r as .required · by lav ,.· aoo: the. C:1:t.y. ot .:P.&lo Al'CIJ :is nov authorized. purs~nt to each am ~very.: requir(!!iment o:f': law to'; i.ricur .indebterjnes~ in the: manner. am.: !"o·rm a;;~· .in th:1tl ordimnc·' p'rovide~~ • · : . Section 2~. !'bAt, ~:~e bon~~~~ of· tlle City of' :Pale Altp in the awege,;t.a principal ~~mount .ot'" $600,000 .. 00, tO; be kriovp .. ~·!! ~e C'ftr· of' Pa~lo Alt.cl:. Mun1c1ps::t IpaPr~vement Bon:3$ or :19:46•,. :shall 1ss"p.e ·to pay .the ctt~t of tl~:e acquisition., constl'Uct[1«>n alld eompl~t.ion of · the mtUdcipal ~.mp~ovement of sai~ C1 ty 1 set .for'th, 1n· .th-e: !~1tOV1IJ:S propotr1t1~ns, and each or themi, a~ follovs·, to w:.t 't. ·· · . · . . •I · .. ·:~ ~ ' . . ' .. .. . . . i PROPOSITI.ON NO .. 1:. Shal~.: th~~ City or Palo .Alto . ' incw·~ a bo.OOed 1.c.c'ebtedness 1 .•···. . . .. .. · ·.: · in: the principal ~tmount. of i . '. $·17$:~,()0·~oo .• .ro~·.t:ae.~bj~ct·lt1.~' ~~ose o{ acqui:ringf, cone~~ct1.:cg· &.lld·~ e~ompleti:rllg· ·thee tollovi~. municipall ~rovemeilt / to_ viit;: . ~. S:dd;:i.ft·t:o:tiB. a:od improvements to t'·-~~:.Si_n:t~a.ry-:.:_:ge:wa~~(Sp~e!!i:o·r-tha:: C1 ty ,.·:or Palo· Alt.~ 1, . ,~ .-~:;ud~. lidd'i~;i,o~ ar~.t·'!lJ:~roveme-.nts .. t~) the' sewage:! <:: · ··· ·· ~tm&iit .pla:zit· . 1natall.\t:•ion or tmmk .outfall andi . ... .· ~· ·· other•·J•:f,~et-!)2:t'op.~~~:~:t,~;~~;:rP.i1pe;; .•.•.• c!l:J.v•lf~t.s:-,~:~~~117. i . : .. · ' : :neet·1ng l!Des.; cateh:basjJ:~s~',::a~ttchine:ry~ equipment, . . . ··.· : <, .. · apparat:us~::ancf' o:tiite:r w~r~::!J''•prpperty 1jr. s1;r11Ctures : •... · · _,.zieeessary •or .c.on;yen.tent :ro:r. sanif;ar;r s•!rV&ge dispos~:t,~! •• " ;4:~ : l "' ., . . ' . ".: . ; • I : •• ·. . .. . •.. ••. ' -; ; ' ; i . . . ·,,, . ~ .... ,,~_ . .~ ... . ~. ... ~ " ........ ~ . -~ ... •. . ,. ' •.,. ... ~ (;' . -~-,.; .. ,·, ~ .. ; . :,_,.,_· . -.. ",. ',.":' ... · .'• .. '• . ·:.: . ., . -~~ -~;,.. :~·- ·,, '•· : ~; .. ,. ~ •/' '.•·';•· ,, ' '•' !'\ ·' '','',' I'' :, ,.,•, ,:;, I . . ·.··;·.. . .I __ ;,..-,--.: -: j ••• <' -I', • ·-' : 'I . I .! .. . \~: 000:' ~u .... \>/:c • •"· •• 1 .I· Ill -::.- • "/ .~.,. .r::. '•'". I ···" ·.-1'. l , .I I : ~-r:;.:i:A' .. · ~:,::;}':. ~ / ~ ·.,·· 'r,.,· ··. ' ., . ~ ·} •'\·.·. 1,. 'I. .: ~- !I ··, ,:;,II f, I I' I; r" I ,i I I ~~.;>. -~ -.~: . J .· • .· ... • ' ., ;; .; ' '' ~fJ,, . '• • ··:~': •: • • • .:f ;;~ :' I ... :motosrrl:~o. ·2:F · Shall. the. c:t;l~y::or Palo Al1~o , .,__ ·:r · .. ,.,_ . > ,,.. .. · ... . ' ., ,.'· , .. •;: .c~ . •., . :'"' -:·.: \b'"" . \ :~-· ··-.· . ~ .. ' ' .. ~-.. -,;,·. >: _·: r: '· -: -~ : ~ .. ·: '' ' ' . ·~.· ~-. ,_, -:!.• .'> ·,,., .':. ·' ·' -~-... ,';• ,.,. \.-.. . ' . ~ ··!. ~ -.~ -~ .--•, :·' ! (·· : -~ ; '·' ; \ :; ··.·-. .:..,.. . . ' :. ~ ..... . ( '.\ ·, \:" .~1- . ' i ~ l .. l 't ·"' .; 1-_·::~} ·. " i : i i t I ' ! .. j,._, ,' ..... { ~·· . : ,~· :t \ J· ··,·· :.; ·,\: 't' ,',1 . -l ... ..... ' . .! ; ' c~' • ,,1 . : :~ ; .. ''· I .,.,_ '• .. ~:· .... .,::.,. •' ·'' '-~·; ·-,'~ -· .'· :,.' •:;;:. . • • .• ·.II i!neur &. bon"~~ 1xxl'ebteOne1ss . .· : · ::.>: / ~:;" • · .·. , · ~ ·. '1: ••• in ;the; ;Pri:DcELpal ILmount oj~ ·.· .. .. · ~ .. ifl1JO-:O:QO:.co ~.~or th&: .pbJeet' a.D:J .;,i~;p~.~ ~!' •ac.q1tlr:1x:g '. . -~~~i#c~~Di·:.&~ :9.~~l~t:1~ .. the~i~o~;a,~.Dg; .. ~,ci~:~i: · · !~~~~~~;~-·~o.,vf~:·: .. a~d~;~to~ i!tm::: 1lrl.lJ•p~eJl\e:.ll~~,to. the :S,~~·?:Wa:~~~:~l;d ~~~····~!:e:r' S;r~t.e~::0o~·.· t:tte. ·C·ity of · i~lo .Alt·o· "':in~l~:!~.:g :1na.ta'liat1::Q:o. :of: :·~he Em.bar;cade~:-o ·: · :.~to:rm.Dr&iz;::·~ii:t~-~~~ptor, 'tog.,th~~~-,F>:f .. t!~-.l~ulds ~: eas~~ · :·ne;:lts ~ :. r!gJ:lfs: .·of· -w~ty·~ .pipes , eu'lrvert~ ·~ ·:51& t&l'1R~y:s.,.. llla!Il ilole:s., •. :t,tile,'t;s> ;_cit(:li._·~s.ins, a~! other .. ·'~tl,)rks, :~'.rtY :)r strue'ttir~s neee~:sar,:r ;Or. conv,::n.tent :f'or sto~~m va1:er l:uld dre,.inage sever. ~iystem? ·.· ... ! • j:~6PoSITJ..Oi,:NO:. ,.2: .:· Shall the· C:f~~y of; ?alo Al·~·o · ; .: · , :Lncur a b<>nc::.ed 1:clclebtedne:•s · ; .. . ' • •.. . • ·: .. ' ·. in. the p~in<ripal am~unt. o:r ' $135 #ooo .. oo ,fQr th.e: ,object and J>u.rpos:e or acq,nring,, coZJ.S.~~.ti~ting. B:l::id ·.comj~leti:og the fqllo:w:t~ mu.n:[cipa:t. . · improvement,., .to, ;w;t: ... add:1 tions :· a.oo 1mprovemea.ts . to · th& .. ~ter. Dis t~!.b'C.ti1:>n -System o:~. the City of l~lo · .. J?:~t~£ 1J1Clud'11lg ~X.t~JlS10n o! wa:~e-r CS~~s~ributi(~:Jl fac-·. 1l.:1t ~a, .. pipes, .pipe l:l.nes.;::.·l'l.ll'.il;e>ing eq:uil>ment a.rd · .•. o~.:llt~r ~.<?rks:,. Rl'O~.r;ty or at~~S.c;t.;U.res :n~.:oessary .:~r coiJr ve:nient ·rqr: improv.fng the mun:t·c:l:.P£.1 w.a'ter syat::em oi"~ 1. • ~ .~n:e Cit;(, .of~ P~ilo Alto'? . · ·· . · . 1 : : ~> . . . . (' '. .. ;; . ' ' ! .. f!9P'OSITIOJ NO •. 4: Shall the. Ci,ty of Palo Altp .:· incur a boDI$ed 1.e~,e-b-t.edness . . :. . : . '·. in the pr:1.IJ:c1:pa:l· ~uuo~t or: ·. . ' :.:.$40,00.Q~o.o for the object and. lJ:t1rpos~s< of aequilr11lg~ co:nstruct,~ng am completing the fc-llt:>,~ mum.,e1pal im,provement, to wit: additions s.z:d· :lto.provemen·ts to tb.e .Giae ~1atr1but10z:L Sy!stem or.· theJ. ;Cit;T of .Palo Al·to, incltidj~ pipes, .coxiiui:l~s aDd c,t.h.er .f,nc111t1ea., equ::i~·:nt an:t app1·1a~e~3 '· lio.I'ks•:,• .;propt~rty. or· a~ru.c-• · tur9s z:~ecessary o~ con".r~u:dent !"or t~l'e. gas d1~stl"ibut1on system !;,of: ~ C1,t1 or·; :Palo Al:tc: '? 't• •' I • • PROPOSF:TioN liO .,_.2,: ,. Sha,J,l th~& Ci t1; of Palo .Alto ' incur a bond$6 1ne!ebtednes:$ . . . in. the p~1ncip-s.l e~mount. or.~ . :1 . · : $119,000.00 for ~he objee;.t a:od puzo:posE' of acqu:tr1.1ag, eons;truet1ng a:oo . ·compl.etillg .. the :Collo1ril:lg mu:n:11~1P\ll. ~r·oveme.ut, to vi.t: · . add:J:.:t:;.foD.S &D!1 11lll)roveme.u·~s :t;o the ~.le.ctric. D1stribnt:ton •. Swstem o:!\ tl:Le Cit,-~j[" P&,lo Altp~ .. including· conduits·, cabl&s, arid·<other :fa~:-111t1es, e(iui~ment a.lld appl:ia.J:lces, vcrks :-pJrope:rty~ or struc tures! necessary or eonv·~nient .fo:~ 1~he electric distr1- ,, I ,, .but1o~n system of the Cit:,r of. Palo Al'tc•! · . Secti\)n 3. ·That s~ld. ·boDas shall be ·i:~s·sued as, .he:r:·eiDA:tt.er i '' .. •· . I •' 'II ··,1· Set forth,; &.tld Shall be sol¢! i.Jl: ao.cor-Ja·nce With la.)l: :at ll()t le::!,S · · , tha.n the:ir \ J)&r value am. accrued i:n.terest. Said . botld s :$hall be · · ne:g:otia;b-le·-u~torll,· am of' ··the: .crutraeter. kt1.0Wn. as sE,rial., ~~ :· shall t)~9: 60'1G ini .nUmber~ IlWI!)e.J.~~ed; c:iom~cutiv'ely .from ~1. t:b:•600~ [' ! bC,tD.(.i_n~:lus~ve:; ,c,~r tJJ.e d;enolJI!.~t:.;~n·.o;: $1,990 each. Al:r·of s~!.:L:f boX!ds .. all&.~ ~~~·.:1n~~,a,t ~.t"'.;~pm: tli~~r ~ate· U:tJ;t1l:~ paUl at\ the :ttlt.tr,-or rates ·clcta'~t"e4 .:by•· t..lie. Ci~r Ccn:mc:.1l '()'£: thtv· Ci t:r o~ Pale); Alto! a·~ the timE~ ~;".~~:>ti:a.Ie ·o~ .. ¥~r b'()~s~1.< btlt D.Ot· to -e:xcettd f'j.:v$ {5 ~. 1 p~:r· cent~ P.•r··S;~It, .P&f&tile: sem1,~aniJ.tM~~lly •. 3'-lch int;eres~~ sha:~l! be evide:n~:d. ·,bl;1 ~o~~~. a.t.~t::t't•9d.,.· to ;eaoh;'·bO:Dd ~ e;n:J, -eacl:L of":·said <~o::1pons shall reprem•nt' a:~u: months ''· .interes-t nn the:. bo~. to .wb.ieh it :~s. .. .:·~l :at:t!Lched. : Botll the:· p~ine:t;Kt.l. lOt a,ni:f· :;~Il.te:re:st <on sai:<5 boJDas ab:&ll . .·• ;t:''if 'be ,payable ;at tp.e'' ott'ice 0:!:1 '. th& Tr•easl:trer orf' .• tlle• Ci:.t~r ot: Paltl iA:tto I · :,~, ~ · .· ;;·.·in Palo. Alto·,. Calitornf&, .. iJi. !&wtul m<)ney· o·t 'tin.e Untted ,8rt•..t•~ 1 :· . .. :-·;: ' .-: . ' . ' " ·. ': . . ... . . -.I . . ~ ~ ., ·' ~II ~~ ;.;;.: ;7 .'' ' ':'-.~ .. '· .· ,, ;'~ I . ) ::' .,:, ;_' J·.' -· •' 'r .. I : i I I ! ,I 1 • ·I ., :' I. -...,1 ,....; ·'--''" -c..:t >e I· ': I I i l ! .• n ! ' I i l i i I ']•' l . I ;· ! ! I !: l l l l ; .i I l t l ~ l :! ! ' ) I i l ') I . ' I:' ~; ·~ I 1 ' [I •I \I i• ~ . !' . ~ I f ' ~ . iii. $ . -~~-· t '. I i ! • '._, '1,1 .'t' I i ' ' ,( ,•,, I i .,·· 'I ', '""~ ' i 't· I ! ~· : : I l. •. :;;,. t, ~, ('. ' ,., .. ,. t~.:/< ~,, :: .-~ .. 1 :-~:. :.. 1,_ 1.;~-:' ._::..J ,... ' . ~ ~. . . ; ... ; . . . . ,. ' i •.· ' 1 , • ! ' ' ·. ~ ' ~------1 ···-~ I I" 'I ill·-·· !:· \,. :~ ' ' ., '· ~ , ... ·'· I ··,.; I '''· ' 'I o I '•' I _._' ~-~~- . .;~· ·: ,(•,<"• ,• '• ·. > ·. ,. '.I r • • :~ 'c•l', ,· · .. • :.'' .... , ;· ':';. <~.· I : • . ';;f. .... :.· . ~. t ':_:.·.·. ,·. ., '•. ·'· .·, ,•'.•' : ..... .• ·l .'1~ .· ..... :I' \: ,.· . ·.~ .' . r . ··.· :·~:. ".~ ' .... ·~ ',J .•. ·,.I . ' ·_. ".. ' ... ·, . . ::( I . •• > ~,: • • r "' '{' -~.... ' . .. _ '1.;.· . . ' : ·~ .. '< .<· \'. '\,!' i• . '1-. : .,, . ,, .-. ' .• t· . . , .. ' •.. v . -. . . ·\ ; ' .... .· .. ~ : : ',\, \ ' ·, .. , .. I ot.Ameri.~.: : :Safdt. BQr.td:S~·· ~b&i'~' be<daJ~ed :J\ll;;,-.1,, 19~7 (,.nibh · ·1s::bere~?;>;'!:1:)t',ed ax~Cr det~rm,1necs· 1~o b,e the date: of: ·.the. i.sshe 1 or ·such::, .. b:O~e.:),, &Dd,.:;.:shall•.:,.M&t}lr·e &IliCI be payable in CO:CiSe•CI'U:""" . . : ti:ve ~~:ca;l o~.e:r, . .from· ~~~ver tc, higher» as follows , to ; . 'Wit: ,.:;.;.c. . i ~¥&5, ooo. ~e:1p~l amount i;Of · boxlds shnl~ mature ~· · { . . :;lii.od:: be:::·~~bl\t ~o.n JUly· lst o~~ each or: · :c.·:(t~·. y;e~!: .1948 tc> 1951,. both incluaivel ··>' .:_.':<:&~.'.. ' .·· : . . ·~.-? : . I . f27 1 000.~lf1nc1pal amou.nt.1.pf b():cdi.e shEt.ll·. mature : 1 ., &l:xl be. payable 0111· J'uly: ls t :·ill each. rJt 1 _ , · ·. . the y!$Srs 1952 to! 197~ .. both. inclusive.: ,•, ·, ' \ ~ I ., ./:t,._ :· " ;~ . ·: :: ::. , . . : ;_. , , ·: ·: . aaic! int'erest. coupons shall be· payable on. thei. lst da;s: o .. f I ~ra~~ry ar.d the ;la t . 'day or Jul:r 1n .. each ,.ear Wltil a~ a ~t: i;he·frespeet'ive dates of ma~cttrity .of' sai~ bolJds.. The .fir:sit c:ou}~on on.·each bo:cd re:prest;)nt1llg interest fro•m July 1st, 1947 'to ~Tanua.ry let, 1948 ... :_. " : . } . ~-t:~~.ni· 4. _,; ·S&1cl' bobd:s· eh&l.l each be : subs:tantial:ly :l.Jl the f'ollO'W'1J.'lS form, the bl1a.nks in said foJt"'lll and in t:bLe f•c:;J~m of •3oupon giT;en below to b.e filled in with appropriatie vcd'\~~s aDS figures , : n&mt.e ly: · · ,,~ .... : ""-... ~ . UNI:T.ED ST.AT&S'·.,OF ·A.l~ICA STATE OF ~\LI:FIORh"lA . SANT:A .. CLARA'· co:ONTY I I I ,, 'I .I ~ I ' I , lj THE CITY: OF. :E''ALO ALTO .MuNICIPAL IM?Ro~m: ~0:&0 OF .i.s;!~ . I No. ---tl.,OOO I • ;I THE CITY OF PALO A,LTO J· a municipal cor;porat1i.>n :ii organized axld el1st1z:g UDder .the1 Co~~,:vitution aoo :laws I of' tb:e State: of:·Cali:f'ornia_. .hereby acknowledges .itself 1.Mebted aDd tor• :value received,., promises to 1 pE~f to the bearer on. th. • l!:t (5al" of July, 19_, QNE THOUSAND :: (l,COO} DOLLARS,.· together with i.nterest t:b.erE~on at the I·· rat~ of _i_ . _ . {_ F J per cent • :: per ~annum .• un:Eii·.paymcnt o?-'Sa!d p:ro!neipal sl.l!~ in full 11 ·~, ·payabl& a,_lfli-!lta::Luall;r on the ls t ~ay or Janu!Lr~~ a.z:ld. the · lrt ct&T; ot-·J'l'lly of ea C'.h ye-ar. Such 1nteres t , pr.:Lor to maturity, shall be payable o:lly on present& tion a:Dd surr--~ .e.Dde:r' o:r. the Pl'C11per :interest' coupons .hereto attached aa ' . ther, :N!Iapoctivel:y bec~me due./ Beth the principal or alld 1ntereut on: th1e bond are payable in l&lrt'ul mOD.e'1 or the U:ilited .. Sta-tes • of' Ameri.e:a a:t tlie ·c;r.rlce of . the ~~reasurer 1 .. :of the Cit: ot:· Palo :Alto; in Palo Alto, CS.lifoz~ni.a. · ·.· :·"'' -··Ttd .. s qoDd .. ia one.of'·a~d'liiy·~~th~rize~l iSSUE~ Of' ·b.OIId·s o·r sa.:2Jd City aggre~ating .~1.x hUildred thotLSand (~00.!'000) dc,.lla~s 1:n J)rineipal .l:mount~ all of li:ke tenor axd: date {e,xcept: .. ro~ suc..ll., variations, if .arrr, e,s may be ~·.Q:ulltttdl:: to ~.es:.tgnate:<va.'ey+ng._JlWr!ib~_~a, .~tur1tie:s or --1ntern·t~::-::rat&$J'·:: '&)XI.: 1st~l'$sue~ .\l.Ilder am .. p;~ua:nt to the • 1 • , ,' lr.~ ", ,, , 1 · ",, · • .. . ; , ·, r 1 Cdnat1t3i;t1on a.tXJ·:atat~UJes ,nf the State of Cal1f'ornia, a.nd U:ade:r'~a~ ·pura.u&::ttt .Vc.l .. ::t:he croinanees and l)Jr-ocee'd1ngs or· said . Ci't;J duly a(,opted arid taken ·am a. :vot$ . am .. aesent of .aO!re . tha!:n': tvo..:th:Ll'd,s .. o:f. all the ·qual1£:t~ eleet.on of sa1:r;, . Ci:tt vc,t,;\~Il8. at 'a 'spee!a;l election. duly call~. am held for that P:nr'l)Ose .• · . ' .... _,·. It, ... is ~.hereb~r certit1e<S ,;~~,.~e;t.ted ·~n:t decla11e~a that :a'll a:cts, C().Jld,itions• alld th1cgs ~quil'ed. by law to I exist, ~~tappen a~~~ to be .. .Per:to~ed prec~en:t to a,IXJ in the, . : I r· ... '., .. ·: !, : .\; ·~ . '· ·.· .... .· . . ,,_ • , . -I I -,·.... •• • • > ''.. ' · .. ;: .. ~ . ~. )_ . ':.~ ~ II~ / I I I ,. '\ .: , . . -. " ~ . ' ' '' I I '· ., ,, • ~I WI :" . .. .-· I . ' r I I I i I i '' •'I' 0: ~~ ·:· .,. '· ,. ' ... ·-~ ':' ) .. - ., 'c-;' ( '· ~- ·,. ·;': .rc' .-; ,, ' - ·:.r. ,· •t .. · ,·· .• ·.; . . . . ..... ·.- \. :~· . ' . . ( ~ : . ·? • '. . . ·':-_: ... ~-- . ~ ·_ ,/ 'r, ~ ' ' . ~;:· ., •( ... ,. '.: .,. I !: J . ,-'~ . ~- . ~ •_,', .-... ·\'. --~~·-i ' v ·. :. ·_ "~'-: .', ~ . -" ,' ~ . ·l .;/ r + "•;-;. ... 0 ... -.,-. .. '·. •. t '•./ '~~ ·, ··: . ~--~~-~-[-~.~~:-·\·~-.. _ ·;:.:.~-r~L~~:_!_._~:L.!;.Li-.:~~~----' -~~-~~--.. -_· '··'· ~'. . ' ~ 1tJau&nce, of: tb:1a:. bond ha"le ex1ste6, ha,ppened &:od. beon ~trformec! ~-d'lle<: time, .rorm al"X! DlfUl~r a.s required by la! 1 ~I:d tba t . the . &DLOunt: o't this. bOnd ~ togethe-r vith a+l othct' . :tiXIebtedi:iitas or:: aa1(1 City;, ao.ea not ex.ci~ed a.tl7. liJJ;i:t ~:pre.;..: _ au:ribetJ· by'-~--C~:t1:~ut!on. or .sta·tut:es: ~f' ea-1d·· S't!'o-te1 &~ · t.t:ta t· pro-v:1a1on has" be.en made a a -req~n~ · b:r. the Co~l t1tu~ :: . tton &.rd; ~tatutea .,of aaid~ State for -~th~~ colle.et1.on .or an &IU'l.U&l; t&X aut'£1eient to pay 1;b_e .. :;pr1ne1pal Of 1 ' &:Dr:! j~,n tetreSt. on# -~th.a bo~ aa ·the Rice· become: due.·. The .f'tLll rs;ith aDd: . cMcl:1t o~ said Ci:tJ;~,-a~ hereo,-. pl'&fJged fo:t~ the ~. ~;mctual'· pa,...ent .o:r the pr~l:ic_:tpal a:od i.ntereat or this bc•m~ · · ·· ~ ~Ili ·WITNESS 'WMEBEOF ~ the. 0,11 ty . l:i;f ;·?ale Alto has ea.ua~ tllis boJ:¥!:_ to l)e:;e~ecute<2 ·uncJ•r its ~~orporate seal, ~dgned '~, t.l:r its· Mayor alld.' ita Trettsurer, &Zld eolinters:3:~ . by i·ts Clez-k;; ans._ ha:s caused the interest coupons attached hEtl'eto to~ be: '1~1gned by -its. Trea.Jilurtt';r ~ anc5 this bond to be d~a.ted the lat; ClaJ of Jul1.: 1947. . ' ~ : :!,1: ::-. • •. ... ! lil::ror e'f thi ~!'ty o'! Pi'l:o· ~!to :, I TiteasUrer of\ the "'ffi:'ty 01Ta':Co'l~lto ' ,'1 Cotinte:~s :tgne~·: ,.._.. ~- "irrt'1'0Ierk o? tlie ~ity or :P:aio, 7utc:~ . I ' - . , ·The-interest. eouporia ab.e.ll be .s1g:iled by the· 1 Tl .. ~Msure:r ot .said C1t:y .by .. h1s eDgraveo or ll:thographed · SilJll& tur1f,. B.l'ld shall be ~Ubs tant1all3' 1n the following fo:..~:. · Coupon.No. ----- , -·· --On the first daY" of · . . -~ 119_ , Th~t City of: Palo ·Alte::, •!ll pa.j to Tearer . · · at. the .o~fice of tho Treas:ue:r of rsaid City~· ·in Palo A'lto.:, C811forn1& ~-~ . _ _ Dollars : $ :f..n law:f'ul money .of the. U:nitetJ !tates~ being · ---- months • 1ntere*'t'.1:then. due. on its Mu.ri1c1pal IiiiP= l'O'Il'ement Bond of \:1946 ...... ~·· : .••• ~ .... G........... No,, date<:!·-: .July 1, 19~·r o:- I ! i, : -!rei"s:arer' 01'-.. 'Elie C!tx o? . Piio ·A ito '; . Se.~tion 5~; · Tb.0··to~ .or the···C~ty of ~:;~.Jm;o ·am t~~- ·Treas~·r o~ aa1~~: City:a.re hereby ~u~~riz~ ~~: ·~1~~ct~):1• • . · respect1vel)"', &a sueh oft"ic-er-s s .. to: e.xecut,e_ : t~_•3h o~ ·sa!~·. b01.1:~ s_ -on bebalf . ot said C1 ty-,,-am · the -Ci t:r Clerk, ·~!·ol~ oDe c>l' -mo~e.l 1. or ller deputies t is h~reby autbor1zred am d·i:r~eted to. eoi:lnit,ier sign .-,ell of a&l.d .boiXJs an! to af'f'1X the corpoMte sealt: Oj~'! ;: .. said City thel'et:O• Said . Mayo~ antFTreas'U:l'ter a:r& hereby · ea:';~;. ',: .. /." ·,,-.. ·{ :~ ·:, ~. .. . .. ; :~· ~t~ .·. :.~,: ~.~~-'<: ~ '. I ,: ' ' ". • ' ; • ~ ~-'\ ·I ._, I ~. --.._., 0 ,a;..;. ~>e j I i : I', ~ I ' ' \ I ' ' I ' ' ) . j n r·] ~ I ! • t 1 ... r;• i I I . I j l t I ' ft ., ll t ! :JI !I I l 1 t ' < ' ! - ~ t 1 ~ i I• I L I I • • 1 I. . , 1 •, tt ' , ·"' .~ .. ~r~r~'',~~&~~~g~w~stf: :~;tv;''~~,·~:~~~~,::";??~·;·,'L ~·~{;,·:~,i":~;···!,,;,,·~···t:·::·;· ...•• -~-,·~:·:·~~'t~:':,;~':';:~, :~''j[~F''''.Vi'' ;,• :'· ., .. , .. , r. .• · · •• • • • ••• ~ ~-. ·.· ·.··:·.,:. ·, {fJj:~~:L .. ·~,-:.tJMI~•-a.wt~--~~~--~~~ .. •r~a·a. ··;;~.~;_~~~~~~~~---·~~~~~~---~~~~ . I '-" : j,.,, 1: .i (:; \:· I, ,· ' :. ,· ~ '•! L~ .:-. :~;~~> i-.. " ·' il' :; I•' '; "" ....... -~~' ( . . ' :· ·1_,. I '· ., I . ' ' •"'•' ' • I ' I '" resl~>e.cti:VfllJ., autho:t,t:i:t~. to \?&m!~. sa!cS: bo~.s ~:o·· be. sign~ by the:Lr .. pr;¢ed·". 11 thog:x.iphed or. --~~traved . rac,illi.le signat~e:s,. Said. !re&a1Jl"el' :a :herebJ author-12~ttd· •l:d 41rected . to :stgn .ea,:h; : ot. :the int..i'••at coupons .. , either bJ' h.i.s own haD! or. by·pr~:tll!tt!td·, lit110Jl:'OOPhecS: or. ensr-vew5 tsc81mile u;tp:ture •. Su~. sig:c!ix:s" (.lttJtiteN11Jl1n& &D.1 . ae&ling u here,1;~, :prov1~ed 8hal:l be a\. ~ur~,:rte1ent) ... a.t:d .. td":nd1:cg e:x.eeution. ·of. said booos :arx!~ coupon!l by· isa1C' Ci.tJ'JLI :aDd· all sueh s1gnat,ures a1X1 eount;ersigxaturEta., ex~!pt1ng. that C?f .. the C1tr Cle.r7tt or. her deput1ets" •7 be': pri:ated:1 li~gre:phed or:.e.ngraved .. · In ~.s&'&llJ' of such 1 of".!1eei"'·.WhO•e·.s1gn&tures• or e1)unters1gmit~s appear-on: the boi:Jde ··;or eoupom. shall c~(A.:!Se to be: t~\leh• otf1eer befo:~e . the. "e~t'Y•~ ::or.~.6ch-_ b.ol¥1s to the· p~biser, :such s1gmttlllre or 100~~s;ign& ture aball: nevertheleas ;be valid a.Dd sll!"tiC14~nt . for ,all•. purpoaea the same as though-the7 had remai~ in: o.r:rice :mt:L~ .. the delive:ey of the . bonds.. · . ·· • , Se~tiob. 6. For the purpose 1or :p&yillg the principal : ot S:m,.inte:tt$a,,t on .said bo.Dds, the· CitJ Counc~l ~r the Cit,-1of' PallO ·Alto ;:Sh&.ll, ~.t the' ttme or t:tx·ing the general ta',X lE!v,' a.~ .in. tli~: ):a:xmer ::for ::~ueh gene~l. ta~ ·lS>.vy provided,'. levt'J a'm .. eol~~t ,e.n:ilua1ly.-·.each rear until said bo~ •.. :are paid 11. o:r ·unt::tl th~·· shall' be a :Sum ·in· the tr·e&SUJ.'7 of sa!~ City e':et apa:M:· £':~~~ :tba t purpose. to :iaeet4~:ll )JWDS coming Clue for pr:in·· e1J)Ia.l an! .·1n:.tereat.on such bond.s., a tax s~ficient to payf tlle a.rm:uar :-1nte·re.st on such bonds as· t~e same become due, ·tud als:o iJuch part or the principal tb~ereor as shall be~ome dne bef~l!e·, the p;-ocee,ds., ot ·a ~:x levioo at the .. time for mak1:cf5 the :~t .. :g~ral. ta:x. lavy can be made a.va11&ble tor the PB1·· me~t<.q:t suCh Pr-incipal. Said ta~ sh&ll be 1n"'add1tion t.e1 all. other:. taxes lev1e<! tor municipal· P'U:X1>Q8es:, &.tid· ahtdl ~e eolleetecr'&t .. the same t11ne .alld :in the su.re maroe.r as other nn.trd"t:ipal. ~:xes are Collec.ted 1 &:od be used .for no Othet" ])Uro• pose ~h&n the payment. of aaid bond:a alX! ace~u1. .. o.g interest!,. . Said taxes as collected shall be. ftorthw1th paid into the fuJ:x1 tor .. :·whlch the same wer-e ::levied ant' collected H.Dd which s~hall be· ~··eoignat~: •1946 Mu.tii.cipal !mpr':'vement 39:lCJ :Fund, • arr.5 1 &ll.{!s~:: .·to .become/due~ for tb.e :priJ:lCipal or ~.Xl~~f interest on sa.ich bo:Ms' .shall. be paid from such fum. The:~e .shall lik.,e- ·-'· Wis~; be :~posit~ in. S&1d fuiJd e.ny. moneys--. received on flCC:•DuJlt ~ , '-~ 0~ tnte~ t~. a C~I"UOO · On $~ 1(} b000 8 I• .fl'Olll their date t~O the' i -..., ... dat~~ of_·: delivery_ am .. act·ual payment: of the purchase price: thel'Etot. ·,, ~-·:_)··:·:· .. · . ' ' ,, ' ' ' .. : ;.se-ction 7.. The:re a.re here-by created a.nd establj:slled . ;··r;t;~_~t/·.fUI~S.\) vhich shall be kept by ~he Treasurer or said C11::r J l.tith··lol'hicli'':~ahall be. deposite~ the .Proceeds of" th:e sale of the. bo:ilt:JiJ' as· follows: .·. ·~ -: ·. : ·., -I·<·. , . . , · .: (a}. "1946 5an1tary Sewer: Construction Ft2m I' • br \rhich ;a re.c~~:rd shall be':kel)t or. the disbursements of the proeeedsli : • Of' t:b.e aale :Of~ $175•,000 ·pri:o~c,.pal l.Uo.ount ot sa.!d Municipa[ Imp:r•o!e1JleJ;it B-ords. or' 19~-6 (o[t..1.f!'r thlin a<;crued interest re-~:- . eei'\l'ed on the ·sale or sa.1d bio.tlds), GLl'ld. sueh proceeds shal.l .· · be! ~·a.ppl!ed. solely t6· th'!l pm:·~seEL aDd objects sperc1r1:.ed" i:c. Pro;,os1tlon No. 1·; set .f'orth in See,t;ion 2 o~r this. o~:inan,:ce; and_.' -: ' · •.. ~-.. ·•·· ... ·(b.} ... ·~946 Sto;m ~rs. ter e:.od Dr.e.inase Sev·er C~nst·:~ . ruet:1oli-Eu1Xt.1f; b~·:W}'l..ich ~ :refcor'd she.ll be ~e,pt of the die:~ :, bure.ment :of".~. ·proceeds o1~ the sale :of, $l~o,opo pr1.nc1pnl · amo't.l:nt:. of said. Mun.icipal .lJDJ>rovement B:ooo a or 1946 ( othe]~ •thazi;··a·c;'i1'u.~: ·lntexren·t r'~d:~:1·1red · on; ·the ea'le or sai,;s bonds )1 ;1 .. alld · suOh:~~.eed~ shall be ILPZ,lied s~olely .to the. ;~oses: · ' e.l'.ld .ot)jeQt.s:::•spec:1;f1ed .1Ja Pr{)pOs 1 t io:o. No.. 2:, set r~orth: in : . S~ct.io.ti 2 ot. thiS: o.rd1Illlnce.t · · · .'.'· ~ :.f.. ·.:·· ! .· . ..~; ·::: _':.... : 1 • .. . •· ·.?:'~-:>··: ,·,: ' ,· ~--1--...il!l:lliMiit&.llil~-~--.~-.._.,~~--.--..... ____ .. ,._..,_.__'1 ., ·"·' . , . ' . . I (;_,{;·-' . : 0~~,;4 : ·'[ :J 7;;:;:} .. ' .·· . ' ::.·~·.. ' ' .. ! ·-.; ... ,; ....... ·.. ·i· o -~·;;,:> ; .. ' .: :: : " :1' ...... " · . .r ·. .. '· ,. c:,. : ... .:~ . : ' '~ ... ·, ' : ; ', •• •.. : i >e '. c " ·.· . ·. I >. } . . ' . ' ' ' :. . . . . . .·· ' ;. ' : ' ' i ' •, ~'- .. :_:, .\\ I' •' '· ; \, .... : Fliilc!;••:bJ~~~~~~.;:~~~.:!ii"'-t!"=~~~~:.~ . ' . ot :the-pre>ceedrJ o~·· the. Mltt. Ot. · 4~135' OO-e··J·pritleip&l:" &ll'tOUJ:tt(. or ; ; ~ ·.· ·' ' . . . ·~ ;· .. .'·I ; .I ! ; l f· j ' ) ( ~ ; i :j l ,; § t I· i • • 1, aald-Ml:m1c1,1)4~::. Ilapr~ement··;Bonds-ot.~l9~ (otlier .· th&l?-:&~,c:1~ • i!lt~e·:re:r•t r.eeelvod ~ on::··: the sale o:f sa.td bon:J,;) ~-a~:~ ~ucill( .. J',~~ c~!:as tb&ll be applied:~ ~olel.y to. the .PJU~oaes.~lld:_:obj,ect,r3::· · s;pe.cW.ed: ·· :tliJTopo8it1on ., ~ set .forth 1n Sect:Lon 2 o~ tl:~i:s ord:tn.uLCe •·. · : . ;: · · · · : · · . . · r· \.' ~ . . ' ' ' •.: . -~ ... ·: c; Cd) ' •ISJJ6;5CJea: Dis tr:ibut·lon . sn.tem·' C.Cmlt~nctio~~-' ·F'w:Jd, • :b1.,'Uh1ch a record sh&ll· be kept or t;.e:. \11sbUl'SemE11lt '· .of. th$ p-roco_ds or the· :~~le; of : $ltO. 000 p·r1D:c~pal 1 BJuo'fllit<· i~t ·. said ,Mnn1.C:1pal.:Iml>rove.meiit Bonelli ot ;1946 (orthe:~ ;t:han ae~:;rue~ ill~ere:st:~ moeived on tbe s.9!le or s&~1d boms l, a.td·· aue.t; p~~ eee~~ :'hall be:a,ppl;1ed :ao-lel:7 to the puF,poses .a.Dtt '<>'bj~ct,~ · · s:p~cit:t-ed 1n .. Propoeit1on l'lo. 4 ;; s.et .forth in Sect~ion 2 o~if . thi:s ol'!~il:lllne:s;. · · · i ··· · (e'));, > •194$ Electr~c :D:I.st~1but1~n .5J:u.te.~ .CollS ~ru.~t1ol:i. F\m! ~ • .I~J:. ~h1Cli · ~ · recor.t1 .aball ··be kept of tb:.9 .cl1~bll:ttaemetu; ot the: p~oc,eeds ::ot: the sale· ot '$1JLO ~000 principal am~'l.int .. ,otl said· Mu:::iic!p.u ,.Imp~ove.m8'nt Bol'X!a or :·1946 {oth~~ :than .accrued·,· ... ·. · · 1D.tvr,a1~ ·:re.c~ved·.!: on. ·the sale or; ss·id bori.:f~), a~ il.uCh''p:ro~ ·· · eeed:a :·alta~t-l. be &fiJP11ed'· solely t~ ·'the purposes· a:Qd object:it sp~~:1t1c~ ~.n Pl"'pc)a:l:t'io,n :No.. 5 ~ 8e_t ro:rttl 1:c. SectiOJl 2 . OJ~ th1t~;. orf!!:f1»lnc~ ~--. .·• · · · · · ·/ ::-.. Arl1 premium re~eived upon-•the ss:le· of t ... lte bo.nds .• o~ :t~;td 1.s"Sue>ab:all be appo:rti.cllled to the respec1;1vc!~-:t"lm:1.B dese:z-:ll~ed .. ~bo~;e 1m~~r s"Ubpa·r&gra.Phs (a) 1 (b), (c) ~·:<;.(d') ~ a.nd (•4 · ~t :th1:a,· s~ct·~on:. 7 .•.• :tn the, :pi'() portion Yhi.ch, . tb:e· &tiu:nmt; tD be pla oed. t . .. : . 1ri:-~l1ch · .. fwXI 1 ·~•pect:iv:ely'~. b~~;rra :-t(): .the. tot:al. amount or !the , bollda\ a.u:thorJ.Uid~ f'or the purposes-'set r::ar·th. 1.n Propcsitic:ln:s :-· No. l:to: 5:\ilicl:ualve;· li~:reinbefore tt:entionec!li.,. .. .· .• 'i · · · ·:: . .•. . : • .. •· .. ,· . . . .. . ,' ... . •.·-r . ¢\·.' : • ·: ~ ! See;U.Cr.a.· S~ .. '_The:. C~t,": Cle~k is: direct~"' t:o cause a ;su,ft1o-· ient . .xmlabe~ ·o:r· 'bl&nk· .boDCJ a·; i.tkS. • coupons · or st:i. table. qualiit..:r~. to, b''~ li~ogr&~t)<J ~ _ ·Pl'int~ •o.:r~: C?Dgra ve~"" a.¢ . t-o ca:use the 1 .blanlit 1!~Le8a:·':tb.ereor to· be filled 1v. to eom;plr· With .the p:lt'o-. · · ( '. ~ ... :·f ~ ·.,• ' -::-.: s -~- ·1., '• : f visic)ll&'· he~I!Jo!"~ · iltld · t~:. p:roc,are th.e:tr. ex~c1lt1on.b:y t!ie J>rol:)er O!fi<l.era:+' anr·tcf·del!"ler tll:Om· YheD: so· eX&eU.ted . to tb.e Tre.a.s-• ' ,'' < '';j~'·l ',,, , • : \,• I 1 , ' ' ' ~ ' ' ur-er (ot":,:et~ld,iCi~:r who. shall ~:f'ely·· :ceep the~ same until th•t:~y :1 ' ... ! ·''I • shal2t ~ sold P1 the s~1d. City QouJ~,ci.l; "Whereupon he sha:J:;l .. del1~~~~~~:I:t~--~'Of:~.'t});e·:pur¢haser o~:~•:·rchaeer!~ .• --~thereot,. _o_n ·:r~ ce1pJ.,of, the Ptn-.ch&ae. price. Sa.id Ma;yor~ ~r~easu:rez:-.alii Ckty Cle-rl: &!'e; .:Ntrtner ·authori~ed and·' di:rectecJ; t'o make e~eeute· :: a:zxs:· ~f-e-.l~,~r \:t:o -~e puttche.se~ or said bonds a s:!.gnat~e ari-~;· no ... l:f:t·~~io,~n cez-t~tie&te 1n ~e :to~ usuall;r req\lired by : purpl:J~aF·~ ·-~~.:r· mun!:c~pal b(J.tld~ geneNlly., cex-~t;.tfr~ng: to .th~' -', '~ ~ .. ,•' f .f ·t .. J 1 " r ":i -·ii i·f ' 'I I~ .; ··+ -~~ . ·r I :l ·. :\ ' .,. i ·l ,}~~ ·:: ,(f. ~ r :t;· .:! ; ~ g~nuimt~~~(alJd ·~ue exec,ut.f~ or sa:_~d :.bo:cda a:m ~t}ler ' · C:~t~:~g:.,:;~o ali· .fa. eta Vit;tl1D: their. ~ovl&d~~e rel.e:t:tye to . ,.-: :: .. anr l~'is~:t:t~· vb.i~;c-1 C?_:r' llight a.ft'ed~. s&11! _Cit,-I. ~1d ' : : · "· · -• ·. otttce:.,;,~_ ·:~~~-;~aaid ·txmJs ";.~··said Ttse:l!Ul'&r its: further ~a:uthm~·12;e:d c,:,,• '. and :~il'eot81}~: .. ·:to-:;maJcO,: e:xe:eute a:lld .delive:r to, the PW'ella-aer ··.·. · ··. • o'£ M1t.!:·:;bC)'-a '~s'iJNpts r~~eipt ·-~ll the. t"i)l:'Dl,usualli, ' .. · req~. ·~ • Pttl"ch&eera of ~c1,pal ··bollds, e~r1~enc1llg ·the pt,me.a!t of· .. t;t.e" pur~ase .Price. or. saict bo-Jlds; Vhieh re-: ce!;pt ab&il~\;~-.:~~-1ve· e.v1aerice .that 'aai~'·purcb.e:ae: price:, has b~eell: ~P.ri.4h~~·;·l&i..C:..been 9;ce1ied by said -1Jit7.. Airs. p.ur-:.~ ·• Chase:P ~o~!~~~,!_que~t' ~ke~ o_r:·,~olc1~r of aaid:_:bolXls is her&tt::r . ; al;ltho:r1.:~:l \ .. ~::t;~~fT ·u,pott:~_DC!. ·~~l be,_. ·justi:.f1,4Mf. :tn rel:yi:ng• • !. _ upon n.J:l3' -~u~ ;a:tpture .e;ncs .M--:li.t.1gat1on_ COJ~tit:tcateS!: or·: ·• !l're&a\ll'el'l.ts:::~tf~f.P"~ with :~eeJ>ec·t, tO-Said bonds e:xeeuted ptrt: .. ~ suant to 1!:he 'autho:f•it7: or thi:s ordi~nce~ :: r • :~ ';!', . ~: .,· ::~::.J:·~~·: ::: :;: f;r j ·~· ' .:. ' ·· ..• u D i : l 1 I ; l 1 t J I i . i I 1 I ! I I f I I I ' I ! i ' '· ' I -r I l l i I .f ~ ' ' ul I ! ~ ' ' r r I , .. '''·" ~. I ~~. ; ... '' ., ··' . . ·. ·' ........ :,. . "· ! I, ', •~ I • -~· 1~ • ... • ~ ~ • :~. ·;~.'~il: :\',: ;;111 .•: ~:~~ ~ '\~' 1 •• r. ( . . · ..... ,j 'I •• • • • I .... ' ~ -!Ill•• , \ ' -) :\. . . ~ '\' I. .. . ., , .. Ill .. ~ '\ >:::·~::_.' )1. •, ', -~ .!'/ ,, .j. ... :\: ,·· ) : .' • ,'1 :. I ·. ' J ·~·· >· : :~ ' '•['f ~ . ~ -~ .. -·, ~ ' . ' ~-.. · :· : ·.·.:::' .; ~ ' it ;•' ..; ~~ '.:· . ; ~' ... ··.,. '·. ~-. . . ,' :~.·. ~-,, .. , ~\;·~I i ~~' ' ~--: t ~ . { : ~-. & ~ ~ J : ,; . :! [-1 J ' .~· a ~: ),1'. - .; .. ·. _( 'ir . l;r . j•· ,, II l'; ·' :Hi-" 'e·. ']. ~ .. [ ·' t ! ~· ' I . '\ •f r. i ~[ .I il ' t . fl . ; .. I I ·!' . . I.· . ; :; . . . . . . . . . . . : i .. : . · . :~.; . .-~1~ 9. :. All or .. 1c1 l>ontt. aDr&ll be ~t~ t:t:>Jl~ .· J'lrob-:· l:t<t' taa:t;e:·b)'::~.i•:·-1:01-tf' .Ootmc1l •Of'·.':tJB;:Cityo-«·:;!Jilo .Uto/f;)ll.'~:ittboi:. : · .9th :~la7)-~;.~ ... ·i.;l9'7' ... aDC.t· tJ:Ie;,c:tt7 cJ:e$~ .1:a:~·berebJ;:fit'ti~Jtrised ·.anid :e~tt:~tH:::.to <iau• :not:tce ";~ the M:le·:o.t::;aa14: ~ :·te:,;:_ bel· .. · """,~.ci' :~~ .. i: \''r•:..rk• •··•"'-,..;.,; . .,: ·: a-1.,_·..,. • .,_.. : ~ '" .' .a .... oll~,·w· ..... ·. ' . ' . i...-.'k1 .• p~ ..... ~a:~~;·~~···~l:· ..wv· .... ~~, ..... ~iii>V .--~~-• ... ·. _.. ~·L.DoJ .-.~~r. r~~ .. · ~a])edf~:::;~;011,~ ot P&loAJ;to, &lld.:aueh !lC)tic.~allall~·b•: : : aubat811ti,~l:T :1D ·th~ t'ollov1t~a: :tC~rJa, to .vi;t; . . . I '• :'' ·._,,._ . I ';,' ' : ,• • I''',' • • .._ ' • 1 ' ' '• II, ' ', ~ ' t•• • •; i ' c : ; .· ·.. ; . • OOWICI.&L .. tl'!ICB' .:Qp; aaD ' '\ • '···-nt ..... --.-.' .~ ,' " I, • .. • 'c ... : . ,·,·.~· , .. :~_. . .._:, .:. ·. . . ·,, . . .' . :i ! : CJ~!Yi.~IMP·: .. gilio::·~:D'O#~l'EU;.•lJilft0\1JDIIft .··:BO'Rt\S·.• OF J.Ci~6 ---.,.._~-·~:.e"l ~.....,...-.-z,;......_...,. • Q tz;n-..... l!lolll'.. .....,,.......,.. ... I··:!:,.\._:: ·.:1~~·.:.·~::r::~l·~:~ t:~. ( .. -.-:>: .... ··: (~::~:.~?<:~n::; .. > .. ~<.·.:: .. :·~~ , ··.~ ... :1,.· . :···: .·. ~ · ; :: ... ·:· ·.-.· ... :_ >>·c· : ·· · .. :i .: . ·. • BO!,IC3.-D ·~II~::.&:DD tb&t ••led·~.p1"0j!:)o~&ls' W1l:il_ bei ; . ·~cej:·Yed. bJ.<:~<~o~tj o~1l.oi' tbie ·C1ty otlraio Alto:; S-tat~• · of" O&lilt'ioi'Xfa~; at·:·.'t:ba.-of".t:'Lccr.ot.~the 01t7 Ol4~trk .tl::ereo:r, 1n • . .. tliit c:ttjr::'~ll .1n _i:la.t4 ·c1t;r:.· ·on· , ·. ·! • !· ,"' .' .i: .:. '>' .. ~~ '1, •; _:-. \' ',.,\ > J·. ',' ' I (• '·:-:.,.·;:.·:.··, ' :....- ' ... ;/ .. : .: . . ; •·.· , •.... ::; '~ :: ·, ... : , . . ·. :; :.. .. : i ! I at~ tbc:: .• ja.~·.o~···7:;~o :r:~ ·M•* ;ttor•;the 'purchQe 'o( ·j~.OCJ~) pr~.il.-·: ci~J;r:\~aloUD.t': ~-•bi)ll4s · ot; ir&1d: Ott:r da111gD&tec1: . Th~ C~:J't7 ott· · ... .. Pal~.)·Al!t~:·Jbmi'cipl:l: .IIlprc1r~t !()nds of. 19•6~ tt aorei !par .. : ; ti:cularl:r deacr11):!H:l as· tclllova: : •; : : : ,' • , , I " ~ . -\o • ., ' •• ,·.·, • ' ·' I I •• • tas:rm,.: · ·. · :.. ; f6oo, o<>er~cuaia11i1ng. ot 6oo bond• <Jdt thei . ' · ---:-:,....., ... ., .. . . deDc:a:tn&t!on''ot'$1:,00(); each, nurabe:t-ed l: ~ to! i50o, inclwl1 ve, all &ttec.\-Jul.7 '1, 1947. : ·• : · . !_"'; ., ~ .. ,' . . . :. . . ' ' .~ . ,' ! :: ' · IN!31Uift.:'BMa: . ·'::;Mu:illmll t:tve· (5): per cent~ :pier anriU., J:O~+' ~~~-. · ·: :; .. _., : · < aib:l.e·: •;tm.1-&!lln1&lly: on JrbU&rJ lst )anel· J:,~.y • . · . ' • 1: ·. ~~. J.,st'1n':e&ch 7dr,. the tint :eoupon. on eaeb boll4 'be:tz:is iipaJ&bJ'e _:pn Ja;~u&X')'let~ ·1~.. Bidden Edt: i. . speci~r thfii: ~'t• .o~· :tnt•Nst vhic.b_ ~ bonds herebJ :orj~el~~d tor::·:,1JiaJL•):c•n b1Nu'·. · J3.1:114eH will: be ;penaitted to il>:t4 dj;,:tfere~tt 1rl1:tfii~•.:J.()t · :tntere;Bt:· aD(\ to 8pl1t. l'atet• .1rl:.•pe,~t1 ~r• !ot : the ao.1~~1~1iea: o:r. _aaid ~()nd•~ The 1ntere.t ra1~ R~·t•IS :1:~ . : the b·1cl »:nitrt be . 1n _;a· multiple . o£ one-qua~r o3; one! pe:r c!ent. : per am:i'tJIL, i.P&,abft.,i;••llti-~u&ll~.. . . . · i ,._. !i . • • I '¥,, .. :!;,:,:,·;.·\:. ,,· : .··.' . ' ,. ,,. ·.~ .,:,:, .:~' ·~·-·. I, •• ' ' :. • I '.· ' I ' ·., :·~·,~. :i MA!tJBr.~DS~: ; -· ;, said boAda:·•t~e .aer:tall7 1zi· oOJJ.Beciutl1ive • ·· -~~F.: . · n~i·rial-order, (t'~ ._lower to·h1:gber L :· ' .. $15, 010C)2'~fll;' tl'» lat 4&7_, ,o.r_ ..•. JUl.f_ -~. . .in ~_each·· ~ thie · 'Je&l:J:I 194~ :to l95:L>'''b0th :lno~uaive:. and ,f27,000 on J'~7 la.t izrl each ,of. the 7eara. 195~ to 197I~· ·'both 1nolua1ve_, v1thout: 'optioll.l cit prior p&1M.CI;t~ · · . ,, ...... I :PAlJIIft:. ·Both principal aDd 'lnterest :p&J'&ble 1n .. · • •· '.\ ~lavt'ul acne,-:or ~·' l1ll1 ted ZSiate•~ .ot ' .; "0 . : America at t:be oftl:ice. ot the~ ~!~.aurer . :,or: tbe-01 tj' -~·· Palo Alto~ · C&l1t:ol"Aia~ · · ' : ' ~··: PJ·····;,·'; :,0": i. ' ~ . o , -;, ; :PUIJt0-11:.:. ';0'1·. .... . . . . ,. . . . . . .. · :, 1r1111:~""T!~ · ·~ ··.·Said. bonds· a:re authorised ~tcir tbt purpc:ae ~~-· . :" . . or 1JaPrOv1ng the !'ac1li.t1ew(:i~ tJ!le Ci t)ir I . . . ! ;· ·· : ,,()t: P&lo.' Alto·, 1nc.lu41DS :1~:ove~~~1~nta. tci th~: at.D1'1t&1'7, ••wer: .Yau:•, ~ tbt• >atom' •ter:• and:·· dra::Lnage · '. , .. · nv.r 1 a)':i·:atela~ ·the.' V&ter !41atrj:bution "Jstnt,. : tbe glJa.a M·a·t~r:s.l ... bdtiC)D . tr.ra:t·a.l' . and the~·. ttle~:tli~]e di.atnbut1on· •J8te:l1, aa mlet; tdrth ·in'! tbe·,··~p;oa.:ttiotta-.:, nblllitted to the ·eleetor·a · or a~iCL I ' I ' ~. ' . . ' ' - ' ., . '. ' I C1:~tr at am el•t·.:ton helel ther.t11jn on the 25th da7 o:r June J' . , igii~o; ·:cal app!'OVEK! by D~C:tH tba:n tvo-thlrd vote the:reo:t .. • :. .•. ;: ' :1 . . . : •• :< · .. ' : :; .\ ; . ' •. . . ! :: . ! a:~UBI'l'Y::·. ..Said bionc!s :are general obligations ot 11ihe -.. ,._ City :o:r .Palo Alto:~ &114· the Cit,-10ounc1:L · ., •. . ..• <>Y : .;·the~: h&a: ~r_:: aDd 1•' obligated ;to :ten ad!, valC)li'G. ~oe r~:~• ~p.nt:<ot' aa.ic:l bond8 •. &Dd.j the 1lll-.... tel:~at; • .thereOD upon ··all propct~,. 111 thin the 01 ty o't. Palo· .Ut~' •l;ll:ijeot· to tilx&,tion ·b;r. BA.1d· C.:t.t:r:-' .•. (except certain :lntan81ible . P.,1~o1•l .ProJ)ert:J', Vhich ia ta;Dble at l:!aited mt.••l Yi·tb-· on1: llat~tion oZ ate or amow~ .. •') . . . ' (,'_') ··:·: -~. ; ~. ' I • " , :I ; : l , • ~ ~~, ,: . • • •• _ .. • • • < c I i i ,. . ·:. ~ .. ' ... _,. '·' .. -, ~ (>; ~-,_,. ;:.·,r·, -:: i . '· i :·('. ·: '•!:. I • '. -::· ~--.. •c . ·- I·. I' ' I :;.-__ I .I I' I ··'I :I I I i I ! <; ! •,. \. .. , ,· :.( , .. . ,•·· i ·,-' • ', ~ I ' : ; :I I ~- '· ... " . ~ 1 • . ~ ' .) } -1 i i ·. t } ' ~~ '· I ! ij • .. •1' f 1 :3 I i ·:: '.{' ;· '~\ ···r '· ~· OPDIOB!;:< .the · ..• l~pl .. op:tn1on. lot. aa1t~• .on:tok;~,i:: · · • .. >e ! . .·. .,_ <· :.· . . ~· . . :/· .·. ··. ~~ ~~~ • .le~f:, :!itl'O'Bl: a: :J!ur~I7Fof' ~· : . l . • . . .. :... · ,, ;: · .•• ,( · Mil ~IJ11a1101aoo, O.l~tol'nil~, ~•~1DS 1 :t... · : 1 vaUd.f.t:,-.of. an1cl b.OD4s:·,nll be .tti.r.D:!J8hed.;t4) the ·~lllfQl· · ~~- . bi-&Ser -vitl:teu1~.·<~·:• · · •: :~:::!: : t: '· , ' I ' 1: ' ·;• ,,.• :,, i· ~~ :;: . . ., ~. . 1:;_ I I ·:· _:m.···OPMa· .. ·•. \ ~ . . . .::.-...,' . '; ·~·-,, ' 1:... ,.... ... ·, '• . ,' .· . ' . I . :" .· I ; I ;. HIGBIE'.;:_ ·. ·~~ •. •boDda: vlU;~e.:avaMed ·:to :the: h1.g)Mst 1:a:aid •: :· 1: · j '5Nf:•·:S:~·~olil:1der1Ji8 •the fiiteriut :ate •::•r·. r&tea· ·:·~~~~it:ledl·:, · ! ': and. ·th~:i·Pi-4Ji:~\11l '\':~·~~ it' ~,: ••.. ~ ~h$ h~:1~at. bt<~ '.nll:Fb'L • i ufl l . :.detum.tMd~~~-•• •411~t1DS the amount<:.ot:;~ .• ;praimll.bid l1t.·&:t~l· · ·. ·1 from· the•,· tci~l &iio\m:t.: ot :tnteitlrtat which. tho .• 01 tJ:i·wOaltt .\:be r.F · :q~re~~ to p;at r~C:a tbe· date of:: .&14 bor.lda .1~o the· i re~:~tive :· i . .: : -~tur1~~:dlli·te~··•:~.-the .()oupon %'late or ratea .•pec11~18d iJ:lL· ~e 1! · · bid~ &114· tbe ava:rd '¥1:11~ be>la4e on ••tbe bU:t• o:t 1:he lO'll,.at · ... .ntt:t 1ntere:l1:~ coat· to. the· Citj~< The. loveat ,·:ne.t il~:te;re;a~i~ coat • · ·aba1i be' cidmlmt••l·bttftan'~-~~t••: arore•dd. accsOl'diliali~··~·· ... · · ataDdard~<: ~~= ·in1tereat tab lee~ ·•··. !he·· ip:urc&uie~r .~~utlt:· J)A~r ::&ooned-:. 1nterewt f'z~ .th4,.' d&tfl, or th., •. bODdc:·tO the '.date o~: 4•:l:rt:v~ .. · ... · I ' ' -, ' - ! ·., . . :: ~ , : ::. i ' RIGlft ffl ; . ' . . . . . I ' ~: !:. ;: The>0'1'tT: of Palo Alto. reee:r:ve• tb1e :ril];b·:t:,: 1n '1 · l'fs · a!-acre~;;jon;. to .. rej·&ct: &n7 and· &:ll· bida aDd ·to vaj:•trt!J &n7 $rregul.&rf·1::y ox-intol'JI&l1 t7 !n aey ;b:1d.. ; · ·. . .. :· i .,AWAJU):·:: ... :· !be C1t,-:.Counc:11 or title 01~~ of Palo AJ.tc:~· .. · . ill! taxe<i&C•tion ·~D&' the bo~ or !'ttj\ec-t.tn:s ail b~ll,lda not late~ than :tw•ntT-iO"O:r boun ai"ter ~the .~ltpi11r&tton ot tl:t., tiDie here1D. preecrtb.ct for:-the ''.receipt o:r PNJXJD&·l•·. · · • · ·I ' ' I' ' ., • ' ' '•o • I I · DBltaVM .•Qli' :1!01DS:: ·~lf'Y.l'J ot 1&1d boDda ~lrll~ be· -.cle }to the ... · · iii<iei:••·Yiil~!C&aer a-.t<:th• >ot:ti•ce ot tlie; · 01 t~r ~..aaurer (:~t the . City Qt', Paloi'Alto aa :aOO;a, u pract1••ble. · .r .. . . ·,... ~ : . :·. ' ... ·:~· . ... 'ltiOBf Gv 1 ' ' • ' " CDktJtmiOJJ ::. JI'he lillQce••tul bidder ahall have · the r1g'tiltJ' "-~hi• . oPE":fOJl,. to c.mcel the contract ot pur.C:ban it tl:Jle C1tT · ... shll;~l· t~il! tc) teDdeJ:-th•,: bcm4a ror de~~veey .oza. or betO;tr~ .~&: t:~ ,:,19\7/ :&:ad 11lc'auclt event the au6cetMatul bidder abal.li. !be>•- .· titlle.d: _tO':th4!t H-tUI"n.t4 .:th• depoa1t acoom.pan~illg t.he b:S,!d.~ .. " ·-::. -~-, ,:.·_.;_:."' -.:·:·:·--;~~~::-_.,:· '• .. :._.~~-... -< ..... ',·d. \ ·. :\ ·. . · .. ~ \ .. '·· .• POJIK op, Bl'p: All. bida · · ~ma;t be uncon.c.U t1onal:•; ror not ·, . , l'""o••lEfiiii·.·· all or the · bonda. hereby ot1'~Hd tor a&le &ll4 :tor~ not lesa :,tb&D. . t!Ht' ·J*r value .. thereof &Dd &cel:'i,l84·,: :tn~reat tc~ date . ot dellvor'J; '&lKIV$0sether"v1tb bidder'& •check.:1milat be encl!oaed 1n' :-a· $eal8d '8'11Veac;p. addre·e•-K to the C~ity COUJ!lC\1l.ot .tbe <.City ot P&1o Alto &Ddi' eDdoned. "Proposal tol~ City ojr \Palo .AJ.to ~cipt~l lllpro1r.8aent EiODda.•.or • 1946•.. All bicla shall·~ .aceCIIfiP<:lili.ed b7 ., cert1:t;ted · Che,ck. or, ~ah1w.11·a · .check iJ:l; the s\'lll. of $10, OP!O.~OO,~ ·· ·· .. cb~•w>on a.:~nlt, ~. trU&t:, e.:~Ul'f au.t..hor1ze4 .. ~o tN.D~act.i· arid•.•• .. ·, .. ~~c't.t~-b~•iDe•• in the.State c>:r·C&ll1'o~, pajable to··thct • di-der_ at thttiC:ttt ~surer' or· the' Cit7 ot Palo AJ.to; t:~ aecUri~· ~.he C1 t7 h'OII: UDJ loaa ·· result1:cg. f:ctom the .t&1112re of':.; th:e.: bi<lde,!": · to ccaplJ;• with, the tema or his bic~t. · Oheca,,.of'. tl:.te, un•·~coce.u~a bi1dde•;•11l:~:}Mt retJn-ned upon the: a:wa:rd or .the boJ:lC.ia. . ilo in t;ereu··wil;l be ,p&14~ul)OA the 4epoe11~ .ade bT• &DT 1!Jucen.i8£ul l:)iddor. ·, '. ,: ·. ·· · . . . . ·' ' . ' . :;< .. , ': "'•:·:· ,' . ,, lP.DQ.llfciAL STA!'.allft' '· ,.. '· i ' .: . , "•~~;·, ·.i':: .,:~'::''\'f ~.:' : ' ... ·~;,·.. ' .. -..... :· I , , ; . ;The : •Ciit7 (¢' Palo: A:Lt.c: waa 1ncorpor&ted 1n 18~~ ~.~ &4- c)J)teci: a ~bb:JtaeM· C~l" 1:n 1909•• ;~ T.b.it UM118841 ;val'U1at1on ••. ()~ ral.prc~r1~-~ i~nta al:--of' JUl)" l' 19l«i;:lllaa. ... 26 ........ , ,t!di'l ·o.·~·.:· · ... · · · · .. · · · ·. ' · . "l) .~·~r:--:~.'7,.,-v:• U:i•~ ... •.· . '· . . . . . :: .. , ·'. I ,...;,: ·""··· ........ :~.~~~ .. ., .. I• ·.I. r·: lJ il .. ·: !l . ·J . t: . l jc 1-' ! :: 1 . t ' . , . :,\< . ...... ·-..- · .... .,.,·: . ' ,, .,· .·, j:.f··~:':: ·. . ·:\ . < . • 4•' "'' .·~ .. ::~..:·<J~I,./ _;'I., • 1 ~ • l • I ' ' r I t • < ' • r• 4 ~ -.., ·, -._, -~ / ' -~_·. t . ' '''·'' '·. .. .• ~t . ··~ :. ~ • r .• 1 ... :· ;"• .: ( ... .:· '·<: .. r "t < . -~' . ... ·•. ·.·:·:.· -;.:, ··,· .. .. ··~I :·,· ·'·•; ·'.· . ~ ·. ',.,,: · ...... t. ·;.- ·,'; ,, (·-1 .... [~ ,, t ] ! . ' ' . .. ,~.: [ r_·'•· ~-·, ·. '· . lj :: l 1 ""'< I. '~ ;; ' ~:· ' . ~ ' ; . ·: ·:·." . .. ~---t~llonng ~ ·are outs~ ·as ."'; ,., '· _!_. ·.' ' , .. • ' ' .. • _ Pa:l~!-.ht~ .:oonatrnotion :.Bbn41J .·. 1909 · Pa:lo · uto~~ citt· Bolld -·_ · -· -·-. l9l2 :. ra~1.o A1to Subw&~. . -· 1915 · · va~t•r aoo 18Yer :Bon4a · 1915 f&:Lct~ Alto. Munici.pal O&a BOnda. 1917 . ·• Li1b~ BOnd& .-· .. · . '· . . . 1922 · :w.;tei(;~ ~e.r Bo.nda 1923 va·t•l'r ~~( • · . .. . 1926_ . ~P*,iv,Gtmt ~ •-· 1927 PUb~:~ Utili 1,7 .Bonds 1930 · • XO:IJ)1ltal ·Bonde ·. · 1931 -· kwel~ .sonas ·· _. \ . . 19'' .· · Roi1p:ttal. BOnde • . · .. ~ -. 1939 .. M&:rt:teld Vate-r: Bo:ride 1923 ''••," ' , I ~ ;, / ,yr· June :~o:1 l;M7·: · $1,<.5o.o:> 2 '~tv\ of'\-. 1 .r"JV ... ~·. . . ..-· l C1iOO 00' ,~1 .. • .. 9,. CllQ.O. 0() l7,5i~O .. OO:· :: 15, o~po.;oo: 64,000.00 95,o~oo_ ~o_.o· :;ll:;, 01()0.00 65,.0•100.00 150, o::>o. <:io _48,o:oo~c~o 1:;0, O<:>o .. ,,0 · · 2,.0<:)0. CIO . $63lt, 9"!!ro:<i~ I _ _ All except gene:ral :!'Und bo:nde &" serv:tc~ b7 illt.laatc~ .t'l"'OI •.iwnic1pa<l ut111t1~• and, the Pal~o Alto llo•p:f.·tal inca. •. , A~ de- . tailed a1~dlted 1"9pol't __ ot: tbe. Citrt·a operatiOns 1·a pUbl.i1alto4 ~ually,. eop1es. ot which •'T be obtained upon appliea.•tion to thti C1t7·•Cl•rk.o . . . : · . . ' ' .;. ··~ '', .. ; ·Tbe;t"8·: 1• no c.<mtlo:overar: ~:r 11 tig&t10n pending or -~~-t ened ;eo.u~e-unins ~he va11d1t,-.-:o.f the above_ issue~ the ~~?:I"J)O:Nte exiatonc~t ot ·.the City, or th«~ 1;1 tle ot the officer• to!, ·t11e1r . reapeeti ve ot.f1.cee -~-- D&tl!td: . .r ~:· 1947. ; 'W':mlJPBil) KJD) -.'City Clerk· ot the-City "01",Pailo .Uto ··' .State ot Oal1:torn1a~ ' . Sec,tiem 10.. ~"'be ·~C1t7 CJ.erk !a· turther authorised :and .41rected•-to. rail Kot:ioe ot. Sa.le-ot a&id bonda to.tbe'S1!~~te Tr-eaaureJ~ and. to the Department ot Finance ot the ste.t4:. or C&l1tornla, at sacramento, O&l:iforxiia. . •. . ; '1 1 ' '·: • 'i : Sec1~1on: ll. · Th.1as orcU.ll&11e(t shall take ef'teet .frcx11 aDd afte-r.. 1 ta· pAIII&g.e: a.~d apprOv&!'~ · · . . : . . ... ..· I. . . The . &bc)v-e -~ :t:orego1Dg ol'dinance wa duly and r;~~~arly intr<lduo•td'·and--p&aaed at''an adjourned regttlar meeting c>t:.tbe Co'Unc~l ot tJ't• City of' Palo Al~o held on Friday, &7 23, i947, b7 th,e .tc)11o~r1n,g vote: . -· . . · ... . : ; . . "I ; • I . ADS: i81it~ott, Bolander, Bowden, Caahel, _Co~niah, ll'r1!edan, Jltumer,. M1 tchell .• Morten, 'fboits, Thom&a, Vi1::kett. . NallS: !lone .• ~: Blois, Linder, Richards .. A.PPROVBD: ~ "" -_. -------o~- / J)lj IJ . - ·7·-·itl~ji;a . . . . I/.Winitred~ Kidd, ~it;y Clerk~:()f:,t]le City: of Palo Alt.o,! h~lir&b:f certify 'i~t the ab-cnre, and foregoi·ng ·.ol'din&nee vas dul.:i; .Eind regU.larl:f: pa~sed by ''the C.,oune:.tl of the C1 ty of Palo A.J~to 10n the 23l'<l:~d&y::~:otr· M!ly, 19-\11.-and ,:was' thereafter posted on t:t:l.e l:~llt)tin ·· ·• ~;.:Ait·:;.~tb..eeity l'::all. :' · · /;. _' . _· :'";;_-: · !• .. :.· .. ··.·· ~··~.v···. ::.. a~~ : n:~, ··.· ... -~~~; .. --:'1 1 v~~cr..l:1~~ . •~-"'"" • ., • ' ~· , '. ,' -', ,! " : ; I !. 'I I ... . :·. ',·:: . '· ,. IIIII . . ' :.. . : : ..... ~ . . . ''· ·f~;_!_\ -~ ·~ . ..-.•.. , t· .. ':l .. ', ~~· ,: ~.··.> -~~~:.~·,-.'<, :<.· .: . ' ·~·.1 '· '; 'i