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Home My WebLink AboutRESO 5384that • 9rML1KIJ:pn 3/23/77/70c RESOLUTION NO. 5 384 A RESOLUTION AWARDING SALE OF BONDS SILVA AVENUE -SILVA COURT ASSESSMEN'l' OIS'l'RICT SANITAR~ SEWERAGE PROJECT RESOLVED, by the Council of the City of Palo Alto, California, WHEREAS, pursuant to Resolution of Intention No. 5268, adopted by said CJuncil on October 12, 1976, and its resolution calling ~or bids on the sale of bonds pursuant thereto, adopted on March 21, 19 77, notice of said sale t .s been duly given; and WHEREAS, this is the time and place fixed therein for consideration of the bids received for the purchase of said bends, said bids having heretofore been received and publicly opened, examined and declared; NOW, THEREFO~,IT IS ORDERED, as follows: l. 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 ~~-Bar~_o_l_d_M_._. _Fr __ i_ed.man~--~----~--~-------' as the highest respon- sible bidder therefor, said sale to be sd:>ject 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 Treasurer is hereby directed to have said bonds printed, and that the same be inaediately executed and delivered to said bidder on receipt of the purchase price therefor and upon the performance of the conditions cont~ined in said written offer. 3. That the interest rate or rates of said bonds be fixed at the rate or rates stated in said bid. * * * ·• * * * . ' • ,• • ~·· • (. I hereby certify that the foregoing is a full, true and correct copy of a resolution duly paased and adopted by the Council of the City of Palo Alto, California, at a meeting thereof held on the 4th day of April meni>ers thereof: , 1977, by the following vote of the AYES, and in favor thereof, Councilmemers: Beahrs, Berwald, Clay, Eyerly, Norton9 Sher, Witherspoon NOES, Councilmembers: None ABSEN'l', Councilmemers: Carey, Coastock ~j~ALA City Clerk ot('.91e City of Palo Alto APPROVED: Approved: 2.