HomeMy WebLinkAboutRESO 53974/25/77
ORIGINAL
RESOLUTION NO. 5397 --
A RESOLUTION CALLING FOR BIDS-ON SALE OF IMPROVEMENT BONDS
UNIVERSITY AVENUE ARE1. OFFSTREET PARKING ASSESSMENT DISTRICT
PROJECT NO. 75-63
$791,000 BONDS OF 1977
RESOLVED, by the Council of the City of Palo Alto, California,
that
1. The Citv ~~~rk of this City be, and she is hereby, directed
to call for bids for the sale of improvement bonds to be issued
pursuant to Resolution of Intention No. 5242, adopted by this Council
on August 9, 1976.
2. The Notice of Sale, in form to be p.repared by Wilson, Jones,
Morton & Lynch, shall be given by said law firm causing copies thereof
to be mailed to the various hanks and bond houses interested in the
purchase of such bonds at least te~ days before the date of sale of
said bonds.
3. The City of Palo Alto will furnish the legal opinion of
Wilson, Jones, Morton & Lynch, San Mateo, California, unqualifiedly
approving the legality of the proceedings and the issuance of said
bonds.
* * * *
I hereby certify that the foregoing is a full, true and
correct copy of a resolution duly passed and adopted by the council
of the City of Palo Alto, California, at a 'meeting th~reof held on
the 2nd day of HaJ _, 1977, by the following vote of
the members thereof:
AYES, and in favor thereof, Councilmembers: Beah ald rs, Berw ,
Carey, Eyerly, Norton., Sher, Witherspoon
NOES, CoWlci lmembers : None .------"""-';..._
ABSENT, Counci lmembe rs : Clay, Comstock
•, .I ~6.y/~CZ
CITY CLERK'<>FTHE CITY OF PJU,O ALTO
APPROVED:
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